Nichiden Corp
TSE:9902

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Nichiden Corp
TSE:9902
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Price: 2 499 JPY -0.52% Market Closed
Market Cap: ¥75B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+5%
5Y
+32%
10Y
+39%
Operating Income
+
3Y
+8%
5Y
+65%
10Y
+30%
Net Income
+
3Y
+6%
5Y
+77%
10Y
+48%

Earnings Waterfall
Nichiden Corp

Income Statement
Nichiden Corp

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Income Statement
Currency: JPY
Jun-2004 Sep-2004 Dec-2004 Jun-2005 Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21
0
0
20
40
60
81
80
80
80
79
79
78
78
77
76
76
74
73
72
71
71
70
70
68
67
67
66
66
64
62
61
59
67
68
68
69
61
60
59
57
56
53
52
51
48
51
83
115
149
178
175
173
170
168
165
163
160
157
156
153
152
150
0
0
Revenue
55 619
N/A
59 712
+7%
62 357
+4%
63 240
+1%
64 161
+1%
66 460
+4%
68 592
+3%
70 104
+2%
70 320
+0%
69 681
-1%
68 907
-1%
69 245
+0%
69 630
+1%
70 345
+1%
66 719
-5%
55 691
-17%
45 989
-17%
41 277
-10%
47 924
+16%
54 065
+13%
58 585
+8%
79 606
+36%
82 116
+3%
83 357
+2%
84 286
+1%
84 687
+0%
83 925
-1%
83 061
-1%
82 227
-1%
80 350
-2%
80 463
+0%
81 658
+1%
84 459
+3%
87 917
+4%
89 266
+2%
90 939
+2%
91 329
+0%
94 342
+3%
96 326
+2%
98 738
+3%
101 120
+2%
101 508
+0%
101 714
+0%
101 889
+0%
102 612
+1%
103 736
+1%
107 893
+4%
112 003
+4%
116 188
+4%
119 712
+3%
123 162
+3%
123 832
+1%
125 341
+1%
124 604
-1%
120 577
-3%
118 500
-2%
114 259
-4%
112 334
-2%
109 190
-3%
104 200
-5%
101 878
-2%
102 751
+1%
106 712
+4%
113 974
+7%
120 902
+6%
123 964
+3%
127 603
+3%
130 193
+2%
131 537
+1%
131 609
+0%
130 873
-1%
128 679
-2%
127 056
-1%
126 912
0%
128 112
+1%
129 406
+1%
132 261
+2%
134 771
+2%
135 438
+0%
137 107
+1%
Gross Profit
Cost of Revenue
(47 726)
(51 177)
(53 383)
(54 059)
(54 845)
(56 743)
(58 609)
(59 967)
(60 106)
(59 459)
(58 795)
(59 186)
(59 623)
(60 132)
(56 971)
(47 550)
(39 247)
(35 358)
(41 091)
(46 403)
(50 182)
(68 152)
(70 250)
(71 261)
(72 107)
(72 456)
(71 851)
(71 169)
(70 444)
(68 878)
(68 995)
(70 040)
(72 474)
(75 238)
(76 393)
(77 785)
(78 126)
(80 703)
(82 341)
(84 384)
(86 367)
(86 675)
(86 894)
(87 126)
(87 771)
(88 657)
(92 209)
(95 571)
(99 070)
(102 322)
(105 205)
(105 870)
(107 022)
(106 494)
(103 009)
(101 245)
(97 645)
(95 991)
(93 346)
(89 097)
(87 319)
(88 188)
(91 624)
(97 877)
(103 812)
(105 966)
(109 003)
(111 028)
(111 897)
(112 042)
(111 297)
(109 348)
(107 947)
(107 816)
(108 746)
(109 968)
(112 342)
(114 091)
(114 752)
(115 982)
Gross Profit
7 893
N/A
8 535
+8%
8 974
+5%
9 181
+2%
9 316
+1%
9 717
+4%
9 983
+3%
10 137
+2%
10 214
+1%
10 222
+0%
10 112
-1%
10 059
-1%
10 007
-1%
10 213
+2%
9 748
-5%
8 141
-16%
6 742
-17%
5 919
-12%
6 833
+15%
7 662
+12%
8 403
+10%
11 454
+36%
11 866
+4%
12 096
+2%
12 179
+1%
12 231
+0%
12 074
-1%
11 892
-2%
11 783
-1%
11 472
-3%
11 468
0%
11 618
+1%
11 985
+3%
12 679
+6%
12 873
+2%
13 154
+2%
13 203
+0%
13 639
+3%
13 985
+3%
14 354
+3%
14 753
+3%
14 833
+1%
14 820
0%
14 763
0%
14 841
+1%
15 079
+2%
15 684
+4%
16 432
+5%
17 118
+4%
17 390
+2%
17 957
+3%
17 962
+0%
18 319
+2%
18 110
-1%
17 568
-3%
17 255
-2%
16 614
-4%
16 343
-2%
15 844
-3%
15 103
-5%
14 559
-4%
14 563
+0%
15 088
+4%
16 097
+7%
17 090
+6%
17 998
+5%
18 600
+3%
19 165
+3%
19 640
+2%
19 567
0%
19 576
+0%
19 331
-1%
19 109
-1%
19 096
0%
19 366
+1%
19 438
+0%
19 919
+2%
20 680
+4%
20 686
+0%
21 125
+2%
Operating Income
Operating Expenses
(5 298)
(5 429)
(5 646)
(5 717)
(5 748)
(5 861)
(6 104)
(6 081)
(6 123)
(6 055)
(5 930)
(5 854)
(5 925)
(6 125)
(6 125)
(5 690)
(5 436)
(5 267)
(5 459)
(5 679)
(5 962)
(8 002)
(8 184)
(8 228)
(8 174)
(8 253)
(8 192)
(8 300)
(8 278)
(8 196)
(8 086)
(8 006)
(8 071)
(8 375)
(8 627)
(8 646)
(8 617)
(8 785)
(8 939)
(9 194)
(9 514)
(9 767)
(9 789)
(9 909)
(9 940)
(10 042)
(10 285)
(10 422)
(10 676)
(11 339)
(11 458)
(11 628)
(11 871)
(11 515)
(11 739)
(11 677)
(11 518)
(11 189)
(11 186)
(11 028)
(10 824)
(10 620)
(10 708)
(11 264)
(11 881)
(12 496)
(12 783)
(12 926)
(13 104)
(13 280)
(13 437)
(13 314)
(13 175)
(13 287)
(13 425)
(13 572)
(13 837)
(13 856)
(14 036)
(14 408)
Selling, General & Administrative
(5 298)
(5 429)
(5 646)
(5 717)
(5 748)
(5 861)
(6 104)
(6 081)
(6 123)
(6 055)
(5 930)
(5 854)
(5 809)
(5 891)
(5 753)
(5 277)
(4 984)
(4 796)
(5 007)
(5 246)
(5 546)
(7 439)
(7 759)
(7 941)
(8 027)
(7 701)
(8 190)
(8 298)
(8 276)
(7 703)
(8 147)
(8 068)
(8 134)
(7 969)
(8 625)
(8 643)
(8 614)
(8 168)
(8 725)
(9 194)
(9 513)
(9 766)
(9 912)
(9 908)
(9 940)
(10 041)
(10 284)
(10 422)
(10 675)
(11 338)
(11 458)
(11 627)
(11 870)
(11 515)
(11 563)
(11 502)
(11 343)
(10 046)
(11 021)
(10 863)
(10 658)
(9 484)
(10 706)
(11 262)
(11 881)
(10 961)
(12 783)
(12 927)
(13 103)
(11 690)
(13 436)
(13 313)
(13 175)
(12 026)
(13 425)
(13 571)
(13 835)
(12 600)
(14 035)
(14 406)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
(116)
(234)
(372)
(413)
(452)
(471)
(452)
(433)
(416)
(563)
0
0
0
(551)
0
0
0
(492)
0
0
0
(404)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 142)
0
0
0
(1 135)
0
0
0
(1 534)
0
0
0
(1 590)
0
0
0
(1 260)
0
0
0
(1 255)
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(425)
(287)
(147)
(1)
(2)
0
0
(1)
61
62
63
(2)
(2)
(3)
(3)
(617)
(214)
0
0
(1)
123
(1)
0
(1)
(1)
0
(1)
(1)
0
(1)
(1)
0
(176)
(175)
(175)
(1)
(165)
(165)
(166)
(1)
(2)
0
0
(1)
0
1
(1)
0
(1)
(1)
0
(1)
0
(1)
(2)
(1)
(1)
(2)
Operating Income
2 595
N/A
3 106
+20%
3 328
+7%
3 464
+4%
3 568
+3%
3 856
+8%
3 879
+1%
4 056
+5%
4 091
+1%
4 167
+2%
4 182
+0%
4 205
+1%
4 082
-3%
4 088
+0%
3 623
-11%
2 451
-32%
1 306
-47%
652
-50%
1 374
+111%
1 983
+44%
2 441
+23%
3 452
+41%
3 682
+7%
3 868
+5%
4 005
+4%
3 978
-1%
3 882
-2%
3 592
-7%
3 505
-2%
3 276
-7%
3 382
+3%
3 612
+7%
3 914
+8%
4 304
+10%
4 246
-1%
4 508
+6%
4 586
+2%
4 854
+6%
5 046
+4%
5 160
+2%
5 239
+2%
5 066
-3%
5 031
-1%
4 854
-4%
4 901
+1%
5 037
+3%
5 399
+7%
6 010
+11%
6 442
+7%
6 051
-6%
6 499
+7%
6 334
-3%
6 448
+2%
6 595
+2%
5 829
-12%
5 578
-4%
5 096
-9%
5 154
+1%
4 658
-10%
4 075
-13%
3 735
-8%
3 943
+6%
4 380
+11%
4 833
+10%
5 209
+8%
5 502
+6%
5 817
+6%
6 239
+7%
6 536
+5%
6 287
-4%
6 139
-2%
6 017
-2%
5 934
-1%
5 809
-2%
5 941
+2%
5 866
-1%
6 082
+4%
6 824
+12%
6 650
-3%
6 717
+1%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(1)
32
22
19
(1)
(11)
(28)
23
25
25
31
36
(38)
(34)
(40)
25
(38)
(41)
(11)
47
(4)
(43)
(71)
48
(65)
(12)
22
27
34
37
42
44
58
63
64
64
76
81
95
96
108
113
116
119
119
118
114
109
78
47
21
114
226
304
369
575
587
1 035
942
727
753
10
300
94
(18)
275
Non-Reccuring Items
(148)
20
102
222
44
42
75
39
176
95
131
(39)
(53)
(236)
(605)
(603)
(677)
(360)
(361)
(90)
(1)
(17)
(16)
(39)
(45)
(29)
(29)
(7)
(1)
62
0
0
0
0
0
0
0
0
0
(90)
(90)
123
0
0
0
0
0
0
0
0
0
0
0
(175)
0
0
0
(164)
0
0
0
0
0
0
0
0
0
0
0
0
(50)
(50)
(50)
(50)
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
(10)
(10)
(10)
0
0
0
(33)
(41)
(51)
(53)
(20)
(15)
(5)
(18)
(18)
(15)
(16)
(1)
(1)
(3)
(3)
(3)
(3)
201
202
0
293
154
154
0
60
(3)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(19)
0
0
0
0
0
(75)
(114)
(136)
(131)
(56)
(19)
(16)
0
(21)
(90)
(104)
0
(107)
Total Other Income
278
253
262
260
262
276
273
262
278
328
352
360
335
325
265
178
128
118
117
134
151
127
124
124
128
120
188
192
192
112
175
164
161
122
192
241
245
418
230
182
144
190
117
163
168
162
164
122
128
139
148
140
112
83
72
44
63
108
87
97
71
123
215
336
474
466
481
470
449
480
478
441
374
377
332
316
390
408
359
576
Pre-Tax Income
2 725
N/A
3 379
+24%
3 692
+9%
3 946
+7%
3 874
-2%
4 174
+8%
4 227
+1%
4 357
+3%
4 545
+4%
4 590
+1%
4 665
+2%
4 526
-3%
4 353
-4%
4 166
-4%
3 272
-21%
2 058
-37%
779
-62%
429
-45%
1 096
+155%
1 975
+80%
2 512
+27%
3 532
+41%
3 795
+7%
3 963
+4%
4 114
+4%
4 087
-1%
3 985
-2%
3 728
-6%
3 640
-2%
3 474
-5%
3 518
+1%
3 732
+6%
4 061
+9%
4 470
+10%
4 431
-1%
4 907
+11%
4 962
+1%
5 320
+7%
5 504
+3%
5 394
-2%
5 469
+1%
5 406
-1%
5 242
-3%
5 051
-4%
5 108
+1%
5 243
+3%
5 621
+7%
6 195
+10%
6 634
+7%
6 254
-6%
6 723
+7%
6 555
-2%
6 655
+2%
6 599
-1%
6 009
-9%
5 735
-5%
5 275
-8%
5 217
-1%
4 864
-7%
4 290
-12%
3 920
-9%
4 156
+6%
4 673
+12%
5 216
+12%
5 704
+9%
6 082
+7%
6 524
+7%
6 938
+6%
7 240
+4%
7 206
0%
7 023
-3%
7 387
+5%
7 181
-3%
6 847
-5%
7 026
+3%
6 171
-12%
6 682
+8%
7 222
+8%
6 991
-3%
7 461
+7%
Net Income
Tax Provision
(1 198)
(1 442)
(1 559)
(1 655)
(1 626)
(1 752)
(1 773)
(1 805)
(1 879)
(1 877)
(1 930)
(1 852)
(1 834)
(1 751)
(1 416)
(879)
(370)
(259)
(538)
(897)
(1 084)
(1 504)
(1 601)
(1 649)
(1 745)
(1 825)
(1 767)
(1 650)
(1 550)
(1 358)
(1 374)
(1 464)
(1 590)
(1 793)
(1 772)
(1 918)
(1 904)
(2 022)
(2 061)
(1 964)
(1 942)
(1 851)
(1 591)
(1 528)
(1 519)
(1 539)
(1 809)
(1 987)
(2 146)
(1 900)
(2 078)
(1 949)
(1 965)
(2 051)
(1 875)
(1 858)
(1 752)
(1 749)
(1 612)
(1 433)
(1 268)
(1 315)
(1 470)
(1 564)
(1 722)
(1 837)
(1 979)
(2 169)
(2 270)
(2 238)
(2 186)
(2 323)
(2 275)
(2 172)
(2 250)
(1 991)
(2 159)
(2 330)
(2 248)
(2 398)
Income from Continuing Operations
1 527
1 937
2 133
2 291
2 248
2 422
2 454
2 552
2 666
2 713
2 735
2 674
2 519
2 415
1 856
1 179
409
170
558
1 078
1 428
2 028
2 194
2 314
2 369
2 262
2 218
2 078
2 090
2 116
2 144
2 268
2 471
2 677
2 659
2 989
3 058
3 298
3 443
3 430
3 527
3 555
3 651
3 523
3 589
3 704
3 812
4 208
4 488
4 354
4 645
4 606
4 690
4 548
4 134
3 877
3 523
3 468
3 252
2 857
2 652
2 841
3 203
3 652
3 982
4 245
4 545
4 769
4 970
4 968
4 837
5 064
4 906
4 675
4 776
4 180
4 523
4 892
4 743
5 063
Net Income (Common)
1 525
N/A
1 936
+27%
2 131
+10%
2 290
+7%
2 246
-2%
2 421
+8%
2 454
+1%
2 551
+4%
2 664
+4%
2 710
+2%
2 732
+1%
2 671
-2%
2 516
-6%
2 411
-4%
1 853
-23%
1 178
-36%
409
-65%
169
-59%
552
+227%
1 069
+94%
1 416
+32%
2 026
+43%
2 192
+8%
2 320
+6%
2 376
+2%
2 262
-5%
2 220
-2%
2 075
-7%
2 091
+1%
2 115
+1%
2 142
+1%
2 268
+6%
2 470
+9%
2 677
+8%
2 659
-1%
2 989
+12%
3 057
+2%
3 298
+8%
3 443
+4%
3 430
0%
3 528
+3%
3 555
+1%
3 652
+3%
3 522
-4%
3 588
+2%
3 704
+3%
3 811
+3%
4 209
+10%
4 489
+7%
4 354
-3%
4 646
+7%
4 606
-1%
4 690
+2%
4 548
-3%
4 134
-9%
3 876
-6%
3 523
-9%
3 467
-2%
3 251
-6%
2 857
-12%
2 651
-7%
2 841
+7%
3 202
+13%
3 651
+14%
3 981
+9%
4 245
+7%
4 545
+7%
4 769
+5%
4 970
+4%
4 967
0%
4 837
-3%
5 063
+5%
4 906
-3%
4 674
-5%
4 774
+2%
4 180
-12%
4 521
+8%
4 892
+8%
4 744
-3%
5 062
+7%
EPS (Diluted)
50.83
N/A
64.53
+27%
71.03
+10%
73.87
+4%
72.45
-2%
78.09
+8%
76.68
-2%
79.71
+4%
83.25
+4%
84.68
+2%
85.37
+1%
83.46
-2%
81.16
-3%
75.34
-7%
59.77
-21%
38
-36%
12.78
-66%
5.45
-57%
17.8
+227%
34.48
+94%
45.67
+32%
65.35
+43%
70.7
+8%
74.83
+6%
76.64
+2%
72.96
-5%
71.61
-2%
66.93
-7%
67.45
+1%
68.22
+1%
69.09
+1%
73.16
+6%
79.67
+9%
86.35
+8%
85.77
-1%
96.41
+12%
98.61
+2%
104.78
+6%
111.06
+6%
110.64
0%
113.8
+3%
113.14
-1%
117.8
+4%
113.61
-4%
115.74
+2%
117.95
+2%
122.93
+4%
135.77
+10%
144.8
+7%
138.65
-4%
149.87
+8%
148.58
-1%
149.35
+1%
144.83
-3%
131.64
-9%
123.43
-6%
112.19
-9%
110.4
-2%
103.53
-6%
90.98
-12%
84.42
-7%
90.47
+7%
101.96
+13%
116.26
+14%
126.77
+9%
135.18
+7%
144.73
+7%
151.86
+5%
158.27
+4%
158.17
0%
154.45
-2%
163.6
+6%
160.93
-2%
151.76
-6%
157.75
+4%
140.68
-11%
152.88
+9%
164.31
+7%
160.67
-2%
171.38
+7%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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