Income Statement Nichidai Corporation

Stocks

6467

JP3661940001

Industrial Machinery & Equipment

Delayed Japan Exchange 01:12:13 2026-09-30 EDT			5-day change	1st Jan Change
352.00 ^JPY	+0.57%		+1.44%	+4.45%

01-29	Sansera Engineering Limited Announces Strategic Joint Venture with Nichidai Corporation to Manufacture Advanced Automotive Components	CI
25-06-13	Tranche Update on Nichidai Corporation's Equity Buyback Plan announced on May 21, 2025.	CI

3690c7589f59a4c5f4395effe80.Orrwpr_lgmHFs240cdYYLtc6F6fDbGo5VqmdWYlRDwQ.F_Cp5IrUtA6zhjdkRY4tSrQIIvinQT19IZuqbP8dXU0N94nfy6bvJOiFOw

Published financial data: NICHIDAI CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	12.3B	10.85B	11.32B	11.6B	10.99B
Total Revenues	12.3B	10.85B	11.32B	11.6B	10.99B
Cost of Goods Sold, Total	9.96B	8.86B	9.14B	9.28B	9.19B
Gross Profit	2.34B	1.99B	2.18B	2.32B	1.8B
Selling General & Admin Expenses, Total	2.12B	2.19B	2.22B	2.17B	2.21B
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses, Total	2.12B	2.19B	2.22B	2.17B	2.21B
Operating Income	217M	-202M	-43M	153M	-409M
Interest Expense, Total	-9M	-6M	-6M	-11M	-14M
Interest And Investment Income	3M	5M	19M	27M	18M
Net Interest Expenses	-6M	-1M	13M	16M	4M
Currency Exchange Gains (Loss)	15M	48M	59M	5M	-67M
Other Non Operating Income (Expenses)	39M	90M	35M	10M	27M
EBT, Excl. Unusual Items	265M	-65M	64M	184M	-445M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	4M	2M	4M
Asset Writedown	-743M	-268M	-1M	-37M	-241M
Other Unusual Items	-1M	-	-	-1M	-84M
EBT, Incl. Unusual Items	-479M	-333M	67M	148M	-766M
Income Tax Expense	204M	189M	55M	81M	24M
Earnings From Continuing Operations	-683M	-522M	12M	67M	-790M
Net Income to Company	-683M	-522M	12M	67M	-790M
Minority Interest	64M	38M	32M	-11M	36M
Net Income - (IS)	-619M	-484M	44M	56M	-754M
Net Income to Common Incl Extra Items	-619M	-484M	44M	56M	-754M
Net Income to Common Excl. Extra Items	-619M	-484M	44M	56M	-754M
Per Share Items
Net EPS - Basic	-68.39	-53.47	4.86	6.19	-83.48
Basic EPS - Continuing Operations	-68.39	-53.47	4.86	6.19	-83.48
Basic Weighted Average Shares Outstanding	9.05M	9.05M	9.05M	9.05M	9.03M
Net EPS - Diluted	-68.39	-53.47	4.86	6.19	-83.48
Diluted EPS - Continuing Operations	-68.39	-53.47	4.86	6.19	-83.48
Diluted Weighted Average Shares Outstanding	9.05M	9.05M	9.05M	9.05M	9.03M
Normalized Basic EPS	25.37	-0.29	7.95	11.49	-26.81
Normalized Diluted EPS	25.37	-0.29	7.95	11.49	-26.81
Dividend Per Share	8	6	6	6	4
Payout Ratio	-13.41	-13.22	122.73	66.07	-7.16
Supplemental Items
EBITDA	1B	433M	516M	771M	253M
EBITA	217M	-202M	-43M	153M	-409M
EBIT	217M	-202M	-43M	153M	-409M
Effective Tax Rate - (Ratio)	-42.59	-56.76	82.09	54.73	-3.13
Normalized Net Income	230M	-2.62M	72M	104M	-242M
Non-Cash Pension Expense	-41.03M	-46.94M	-45.31M	-58.53M	-48.47M
Supplemental Operating Expense Items
Selling and Marketing Expenses	163M	156M	170M	186M	168M
Research And Development Expense From Footnotes	129M	111M	97M	88M	61M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	4.06B	4.11B	3.27B	3B	2.24B
Total Cash And Short Term Investments	4.06B	4.11B	3.27B	3B	2.24B
Accounts Receivable, Total	3.04B	3.05B	3.44B	3.21B	2.5B
Total Receivables	3.04B	3.05B	3.44B	3.21B	2.5B
Inventory	1.99B	2.07B	1.82B	1.87B	1.69B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	98M	193M	230M	288M	336M
Total Current Assets	9.18B	9.43B	8.77B	8.37B	6.77B
Net Property Plant And Equipment	5.05B	4.87B	5.29B	5.58B	5.74B
Long-term Investments	474M	574M	677M	761M	1.06B
Other Intangibles, Total	561M	498M	452M	460M	391M
Deferred Tax Assets Long-Term	56M	1M	1M	-	18M
Other Long-Term Assets, Total	2M	2M	1M	1M	2M
Total Assets	15.33B	15.37B	15.19B	15.17B	13.98B
Liabilities
Accounts Payable, Total	1.01B	965M	1.18B	1.06B	643M
Accrued Expenses, Total	156M	176M	176M	173M	172M
Short-term Borrowings	430M	1B	1B	1.2B	1.2B
Current Portion of Long-Term Debt	759M	555M	538M	494M	188M
Current Portion of Leases	279M	39M	13M	10M	10M
Current Income Taxes Payable	65M	57M	33M	38M	28M
Other Current Liabilities	553M	567M	752M	529M	609M
Total Current Liabilities	3.25B	3.36B	3.69B	3.5B	2.85B
Long-Term Debt	544M	616M	416M	250M	61M
Long-Term Leases	45M	6M	32M	32M	21M
Pension & Other Post Retirement Benefits	47M	57M	68M	95M	83M
Deferred Tax Liability Non Current	-	34M	70M	119M	203M
Other Non Current Liabilities	2M	3M	13M	7M	7M
Total Liabilities	3.89B	4.08B	4.29B	4B	3.22B
Common Stock, Total	1.43B	1.43B	1.43B	1.43B	1.43B
Additional Paid In Capital	1.19B	1.19B	1.14B	1.14B	1.14B
Retained Earnings	7.36B	6.81B	6.8B	6.82B	6.02B
Treasury Stock	-1M	-1M	-1M	-1M	-8M
Comprehensive Income and Other	382M	714M	1.07B	1.57B	1.99B
Total Common Equity	10.36B	10.15B	10.44B	10.96B	10.57B
Minority Interest	1.08B	1.15B	459M	208M	185M
Total Equity	11.44B	11.3B	10.9B	11.17B	10.76B
Total Liabilities And Equity	15.33B	15.37B	15.19B	15.17B	13.98B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.05M	9.05M	9.05M	9.05M	9.03M
ECS Total Common Shares Outstanding	9.05M	9.05M	9.05M	9.05M	9.03M
Book Value / Share	1.14K	1.12K	1.15K	1.21K	1.17K
Tangible Book Value	9.8B	9.65B	9.98B	10.5B	10.18B
Tangible Book Value Per Share	1.08K	1.07K	1.1K	1.16K	1.13K
Total Debt	2.06B	2.22B	2B	1.99B	1.48B
Net Debt	-2B	-1.9B	-1.28B	-1.02B	-765M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-263M	-307M	-498M	-552M	-838M
Minority Interest, Total (Incl. Fin. Div)	1.08B	1.15B	459M	208M	185M
Inventories - Raw Materials, Total	629M	630M	594M	481M	319M
Inventories - Work In Process, Total	743M	800M	677M	786M	673M
Inventories - Finished Goods, Total	613M	643M	548M	599M	697M
Inventories - Others	1M	1M	2M	1M	2M
Full Time Employees	660	656	649	639	596
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-
Order Backlog	2.79B	2.46B	2.97B	2.91B	3.11B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	-479M	-333M	67M	149M	-766M
Depreciation & Amortization - CF	784M	635M	559M	618M	662M
Depreciation & Amortization, Total	784M	635M	559M	618M	662M
(Gain) Loss From Sale Of Asset	744M	267M	-2M	35M	237M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-98M	-103M	-75M	-37M	-48M
Change In Accounts Receivable	132M	42M	-348M	309M	747M
Change In Inventories	-186M	-20M	311M	23M	202M
Change In Accounts Payable	-273M	-72M	185M	-159M	-413M
Change in Other Net Operating Assets	75M	-208M	43M	-176M	-11M
Cash from Operations	699M	208M	740M	762M	610M
Capital Expenditure	-453M	-424M	-662M	-844M	-847M
Sale of Property, Plant, and Equipment	5M	2M	5M	3M	5M
Sale (Purchase) of Intangible assets	-121M	-39M	-19M	-76M	-37M
Investment in Marketable and Equity Securities, Total	-13M	-	86M	-7M	235M
Other Investing Activities, Total	-4M	-6M	99M	33M	-2M
Cash from Investing	-586M	-467M	-491M	-891M	-646M
Short Term Debt Issued, Total	430M	570M	-	200M	-
Long-Term Debt Issued, Total	800M	700M	400M	400M	-
Total Debt Issued	1.23B	1.27B	400M	600M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-857M	-831M	-616M	-611M	-494M
Total Debt Repaid	-857M	-831M	-616M	-611M	-494M
Repurchase of Common Stock	-	-	-	-	-9M
Common Dividends Paid	-83M	-64M	-54M	-37M	-54M
Common & Preferred Stock Dividends Paid	-83M	-64M	-54M	-37M	-54M
Other Financing Activities, Total	214M	-286M	-863M	-328M	-15M
Cash from Financing	504M	89M	-1.13B	-376M	-572M
Foreign Exchange Rate Adjustments	6M	201M	130M	212M	88M
Miscellaneous Cash Flow Adjustments	-	1M	-	1M	1M
Net Change in Cash	623M	32M	-754M	-292M	-519M
Supplemental Items
Cash Interest Paid	9M	7M	7M	12M	14M
Cash Income Tax Paid (Refund)	116M	126M	80M	37M	46M
Levered Free Cash Flow	-21M	-172M	49.38M	-431M	14.62M
Unlevered Free Cash Flow	-15.38M	-168M	53.12M	-424M	23.38M
Change In Net Working Capital	361M	214M	-202M	218M	-501M
Net Debt Issued / Repaid	373M	439M	-216M	-11M	-494M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	0.88	-0.82	-0.18	0.63	-1.75
Return on Total Capital	1	-0.93	-0.2	0.73	-2.01
Return On Equity %	-5.79	-4.59	0.11	0.61	-7.21
Return on Common Equity	-5.79	-4.72	0.43	0.52	-7
Margin Analysis
Gross Profit Margin %	19.02	18.31	19.24	20	16.39
SG&A Margin	17.26	20.17	19.62	18.68	20.11
EBITDA Margin %	8.14	3.99	4.56	6.65	2.3
EBITA Margin %	1.76	-1.86	-0.38	1.32	-3.72
EBIT Margin %	1.76	-1.86	-0.38	1.32	-3.72
Income From Continuing Operations Margin %	-5.55	-4.81	0.11	0.58	-7.19
Net Income Margin %	-5.03	-4.46	0.39	0.48	-6.86
Net Avail. For Common Margin %	-5.03	-4.46	0.39	0.48	-6.86
Normalized Net Income Margin	1.87	-0.02	0.64	0.9	-2.2
Levered Free Cash Flow Margin	-0.17	-1.59	0.44	-3.72	0.13
Unlevered Free Cash Flow Margin	-0.12	-1.55	0.47	-3.66	0.21
Asset Turnover
Asset Turnover	0.79	0.71	0.74	0.76	0.75
Fixed Assets Turnover	2.21	2.19	2.23	2.14	1.94
Receivables Turnover (Average Receivables)	3.96	3.56	3.48	3.48	3.85
Inventory Turnover (Average Inventory)	5.26	4.37	4.7	5.03	5.17
Short Term Liquidity
Current Ratio	2.82	2.81	2.37	2.39	2.37
Quick Ratio	2.18	2.13	1.82	1.78	1.66
Operating Cash Flow to Current Liabilities	0.22	0.06	0.2	0.22	0.21
Days Sales Outstanding (Average Receivables)	92.15	102.53	105.04	104.75	94.8
Days Outstanding Inventory (Average Inventory)	69.38	83.62	77.95	72.51	70.66
Average Days Payable Outstanding	41.15	40.24	44.17	43.79	34.42
Cash Conversion Cycle (Average Days)	120.38	145.91	138.82	133.47	131.04
Long Term Solvency
Total Debt/Equity	17.98	19.61	18.35	17.78	13.76
Total Debt / Total Capital	15.24	16.4	15.5	15.1	12.09
LT Debt/Equity	5.15	5.5	4.11	2.52	0.76
Long-Term Debt / Total Capital	4.36	4.6	3.47	2.14	0.67
Total Liabilities / Total Assets	25.37	26.51	28.26	26.39	23.07
EBIT / Interest Expense	24.11	-33.67	-7.17	13.91	-29.21
EBITDA / Interest Expense	111.22	72.17	86	70.09	18.07
(EBITDA - Capex) / Interest Expense	60.89	1.5	-24.33	-6.64	-42.43
Total Debt / EBITDA	2.05	5.12	3.87	2.58	5.85
Net Debt / EBITDA	-2	-4.38	-2.47	-1.32	-3.02
Total Debt / (EBITDA - Capex)	3.75	246.22	-13.69	-27.21	-2.49
Net Debt / (EBITDA - Capex)	-3.65	-210.56	8.73	13.93	1.29
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.66	-11.82	4.39	2.46	-5.26
Gross Profit, 1 Yr. Growth %	45.34	-15.13	9.72	6.47	-22.33
EBITDA, 1 Yr. Growth %	138.33	-56.74	19.17	49.42	-67.19
EBITA, 1 Yr. Growth %	-164.01	-193.09	-78.71	-455.81	-367.32
EBIT, 1 Yr. Growth %	-164.01	-193.09	-78.71	-455.81	-367.32
Earnings From Cont. Operations, 1 Yr. Growth %	236.45	-23.57	-102.3	458.33	-1.28K
Net Income, 1 Yr. Growth %	264.12	-21.81	-109.09	27.27	-1.45K
Normalized Net Income, 1 Yr. Growth %	-403.14	-101.14	-2.84K	44.44	-332.81
Diluted EPS Before Extra, 1 Yr. Growth %	264.12	-21.81	-109.09	27.27	-1.45K
Accounts Receivable, 1 Yr. Growth %	-4.13	0.46	12.8	-6.71	-22.34
Inventory, 1 Yr. Growth %	10.27	4.43	-12.2	2.53	-9.43
Net Property, Plant and Equip., 1 Yr. Growth %	-16.52	-3.7	8.61	5.54	2.92
Total Assets, 1 Yr. Growth %	-2.1	0.31	-1.22	-0.09	-7.85
Tangible Book Value, 1 Yr. Growth %	-5.8	-1.56	3.47	5.18	-3.05
Common Equity, 1 Yr. Growth %	-5.94	-2.08	2.85	5.03	-3.55
Cash From Operations, 1 Yr. Growth %	-10.5	-70.24	255.77	2.97	-19.95
Capital Expenditures, 1 Yr. Growth %	-7.74	-6.4	56.13	27.49	0.36
Levered Free Cash Flow, 1 Yr. Growth %	-118.79	719.05	-128.71	-973.42	-103.39
Unlevered Free Cash Flow, 1 Yr. Growth %	-113.24	994.31	-131.58	-898.82	-105.51
Dividend Per Share, 1 Yr. Growth %	100	-25	0	0	-33.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.75	0.11	-4.06	3.42	-1.47
Gross Profit, 2 Yr. CAGR %	-10.91	11.06	-3.5	8.08	-9.06
EBITDA, 2 Yr. CAGR %	-19.48	1.54	-28.2	33.44	-29.98
EBITA, 2 Yr. CAGR %	-44.83	-22.81	-55.49	-12.97	208.41
EBIT, 2 Yr. CAGR %	-44.83	-22.81	-55.49	-12.97	208.41
Earnings From Cont. Operations, 2 Yr. CAGR %	12.99	60.36	-86.75	-64.17	711.38
Net Income, 2 Yr. CAGR %	13.92	68.73	-73.34	-65.98	313.96
Normalized Net Income, 2 Yr. CAGR %	-24.77	-81.38	-44	529.44	83.38
Diluted EPS Before Extra, 2 Yr. CAGR %	13.92	68.73	-73.34	-65.98	314.41
Accounts Receivable, 2 Yr. CAGR %	-5.61	-1.86	6.45	2.59	-14.88
Inventory, 2 Yr. CAGR %	3.92	7.31	-4.24	-5.12	-3.64
Net Property, Plant and Equip., 2 Yr. CAGR %	-12	-10.34	2.27	7.06	4.22
Total Assets, 2 Yr. CAGR %	-3.28	-0.9	-0.46	-0.66	-4.05
Tangible Book Value, 2 Yr. CAGR %	-5.01	-3.71	0.92	4.32	0.98
Common Equity, 2 Yr. CAGR %	-4.43	-4.03	0.35	3.93	0.65
Cash From Operations, 2 Yr. CAGR %	-44.42	-48.39	2.89	91.4	-9.21
Capital Expenditures, 2 Yr. CAGR %	-11.78	-7.07	20.89	41.09	13.11
Levered Free Cash Flow, 2 Yr. CAGR %	-88.33	24.06	53.34	58.34	-45.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	-90.03	20.37	85.88	58.82	-33.67
Dividend Per Share, 2 Yr. CAGR %	-36.75	22.47	-13.4	0	-18.35
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-10.94	-9.79	1.52	-1.93	0.44
Gross Profit, 3 Yr. CAGR %	-14.58	-12.34	10.61	-0.29	-3.19
EBITDA, 3 Yr. CAGR %	-23.56	-34.54	7.1	-8.33	-16.4
EBITA, 3 Yr. CAGR %	-46.13	-34.32	-49.76	-11	26.51
EBIT, 3 Yr. CAGR %	-46.13	-34.32	-49.76	-11	26.51
Earnings From Cont. Operations, 3 Yr. CAGR %	-13.46	-0.82	-61.05	-53.88	14.81
Net Income, 3 Yr. CAGR %	-13.85	0.49	-36.27	-55.11	15.92
Normalized Net Income, 3 Yr. CAGR %	-34.01	-81.37	-1.68	-23.2	351.82
Diluted EPS Before Extra, 3 Yr. CAGR %	-13.85	0.49	-36.27	-55.11	16.01
Accounts Receivable, 3 Yr. CAGR %	-14.96	-3.63	2.8	1.87	-6.5
Inventory, 3 Yr. CAGR %	-4.36	4.09	0.37	-2.04	-6.58
Net Property, Plant and Equip., 3 Yr. CAGR %	-7.61	-9.31	-4.42	3.35	5.67
Total Assets, 3 Yr. CAGR %	-3.74	-2.1	-1.01	-0.34	-3.11
Tangible Book Value, 3 Yr. CAGR %	-2.47	-3.88	-1.37	2.32	1.81
Common Equity, 3 Yr. CAGR %	-1.7	-3.66	-1.79	1.89	1.38
Cash From Operations, 3 Yr. CAGR %	-18.77	-54.87	-1.78	2.92	43.14
Capital Expenditures, 3 Yr. CAGR %	-10.74	-10.02	10.47	23.05	25.94
Levered Free Cash Flow, 3 Yr. CAGR %	-61.1	-51.85	-23.84	173.84	-56.03
Unlevered Free Cash Flow, 3 Yr. CAGR %	-65.16	-52.26	-22.95	202.21	-48.21
Dividend Per Share, 3 Yr. CAGR %	-26.32	-33.06	14.47	-9.14	-12.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.76	-6.58	-8.25	-4.72	0.31
Gross Profit, 5 Yr. CAGR %	-2.77	-7.59	-10.31	-4.68	2.28
EBITDA, 5 Yr. CAGR %	-6.95	-23.15	-25.45	-12.97	-9.64
EBITA, 5 Yr. CAGR %	-19.5	-23.18	-50.09	-26.49	3.83
EBIT, 5 Yr. CAGR %	-19.5	-23.18	-50.09	-26.49	3.83
Earnings From Cont. Operations, 5 Yr. CAGR %	8.32	-2.09	-59.14	-34	31.23
Net Income, 5 Yr. CAGR %	7.86	-1.5	-46.11	-34.85	34.71
Normalized Net Income, 5 Yr. CAGR %	-8.96	-63.89	-38.2	-23.84	26.16
Diluted EPS Before Extra, 5 Yr. CAGR %	7.86	-1.5	-46.11	-34.85	34.76
Accounts Receivable, 5 Yr. CAGR %	-5.46	-5.42	-6.97	-1.19	-4.67
Inventory, 5 Yr. CAGR %	-0.35	-0.1	-4.31	0.3	-1.25
Net Property, Plant and Equip., 5 Yr. CAGR %	-6.01	-6.26	-3.78	-3.09	-1.05
Total Assets, 5 Yr. CAGR %	-0.81	-0.98	-2.44	-1.52	-2.24
Tangible Book Value, 5 Yr. CAGR %	0.61	-0.78	-1.13	-0.68	-0.44
Common Equity, 5 Yr. CAGR %	1.46	-0.05	-0.89	-0.69	-0.82
Cash From Operations, 5 Yr. CAGR %	-17.25	-32.49	-10.71	-19.56	-4.82
Capital Expenditures, 5 Yr. CAGR %	-4.12	-2.81	0.77	7.72	11.52
Levered Free Cash Flow, 5 Yr. CAGR %	-54.5	-27.12	-32.66	-22.49	-33.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	-57.4	-27.67	-31.93	-22.79	-27.43
Dividend Per Share, 5 Yr. CAGR %	-16.74	-17.81	-21.4	-21.4	0