GoAI
Get started
Nitcho Corporation logo

Nitcho Corporation

2961.T

JPXIndustrialsIndustrial - Machinery

Open in GoAI

Latest quote

¥1,416

−¥27.00 · -1.87%

Aug 24, 3:30 PM JST

2961.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nitcho Corporation, established in Tokyo, Japan, in 1947, specializes in providing comprehensive commercial kitchen solutions within the country. The company's extensive activities include the manufacturing, distribution, import, and export of various machinery and appliances, particularly focusing on food processing, general industrial equipment, and specialized cleaning, disinfection, cooking, and heating apparatus. They also supply essential detergents. Beyond product offerings, Nitcho engages in construction engineering, encompassing the design, installation, and supervision of machinery and equipment projects. Their diverse client base primarily serves the food and beverage sector, cafeterias, and medical and welfare institutions.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Yuji Saito
Listed since
Nov 9, 2021
Employees
532

Market position

Volume
500
0.35× average
Average volume
1.41K
Average daily volume
Market cap
6.32B JPY
Beta
-0
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.53B JPY
P/E (TTM)
11×
P/B (TTM)
0.86×
P/S (TTM)
0.33×
EV / EBITDA
1.51×
Earnings yield
13.05%
Free cash flow yield
-19.26%
Dividend yield
10.59%

Profitability & efficiency

Gross margin
28.34%
Operating margin
4.56%
Net margin
3.01%
Return on equity
8.04%
Return on assets
4.53%
Return on invested capital
6.27%

Financial health

Debt / equity
0.03×
Current ratio
2.17×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%20%10%-1%Gross margin, FY2021: 26.75%Gross margin, FY2022: 27.31%Gross margin, FY2023: 25.89%Gross margin, FY2024: 28.71%Gross margin, FY2025: 28.15%Operating margin, FY2021: 3.89%Operating margin, FY2022: 2.22%Operating margin, FY2023: 3.07%Operating margin, FY2024: 5.74%Operating margin, FY2025: 4.66%Net margin, FY2021: 2.56%Net margin, FY2022: 1.33%Net margin, FY2023: 1.88%Net margin, FY2024: 3.80%Net margin, FY2025: 3.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.75%. Gross margin FY2022 27.31%. Gross margin FY2023 25.89%. Gross margin FY2024 28.71%. Gross margin FY2025 28.15%. Operating margin FY2021 3.89%. Operating margin FY2022 2.22%. Operating margin FY2023 3.07%. Operating margin FY2024 5.74%. Operating margin FY2025 4.66%. Net margin FY2021 2.56%. Net margin FY2022 1.33%. Net margin FY2023 1.88%. Net margin FY2024 3.80%. Net margin FY2025 3.32%.

Income trends

Revenue

18.12B JPY-1.76%

Operating income

844.62M JPY-20.24%

Net income

601.13M JPY-14.15%
Income trends across reported periods20.27B JPY12.97B JPY5.68B JPY−1.62B JPYRevenue, FY2021: 17.06B JPYRevenue, FY2022: 15.47B JPYRevenue, FY2023: 17.64B JPYRevenue, FY2024: 18.44B JPYRevenue, FY2025: 18.12B JPYOperating income, FY2021: 664.02M JPYOperating income, FY2022: 343.24M JPYOperating income, FY2023: 541.41M JPYOperating income, FY2024: 1.06B JPYOperating income, FY2025: 844.62M JPYNet income, FY2021: 436.86M JPYNet income, FY2022: 205.93M JPYNet income, FY2023: 332.27M JPYNet income, FY2024: 700.23M JPYNet income, FY2025: 601.13M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 17.06B JPY. Revenue FY2022 15.47B JPY. Revenue FY2023 17.64B JPY. Revenue FY2024 18.44B JPY. Revenue FY2025 18.12B JPY. Operating income FY2021 664.02M JPY. Operating income FY2022 343.24M JPY. Operating income FY2023 541.41M JPY. Operating income FY2024 1.06B JPY. Operating income FY2025 844.62M JPY. Net income FY2021 436.86M JPY. Net income FY2022 205.93M JPY. Net income FY2023 332.27M JPY. Net income FY2024 700.23M JPY. Net income FY2025 601.13M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue18.12B JPY18.44B JPY17.64B JPY15.47B JPY17.06B JPY
Cost of goods sold13.02B JPY13.15B JPY13.07B JPY11.24B JPY12.5B JPY
Gross profit5.1B JPY5.3B JPY4.57B JPY4.22B JPY4.56B JPY
Research and development92.54M JPY101.24M JPY92.31M JPY116.47M JPY81.47M JPY
Selling, general, and administrative4.16B JPY4.13B JPY3.93B JPY3.76B JPY3.82B JPY
Operating expenses4.26B JPY4.24B JPY4.03B JPY3.88B JPY3.9B JPY
Interest income1.23M JPY747K JPY756K JPY819K JPY1.11M JPY
Interest expense1.67M JPY786K JPY747K JPY1.27M JPY1.73M JPY
Depreciation and amortization166.82M JPY159.54M JPY151.97M JPY175.54M JPY120.62M JPY
Operating income844.62M JPY1.06B JPY541.41M JPY343.24M JPY664.02M JPY
Net income601.13M JPY700.23M JPY332.27M JPY205.93M JPY436.86M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-72.14

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates153.2771.97-9.33-90.63Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 136.45, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 3.28, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 79.38, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual -73.81, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual 126.38, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual -31.48, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 105.93, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual -72.14, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates7.27B5.5B3.72B1.95BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 6.9B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 3.74B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 5.45B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 2.3B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual 6.63B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 3.3B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 6.37B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 2.72B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥150

2025 complete year+527.5% since 2021

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥45.00

Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥600

Annual

Record Sep 30, 2025 · Payment Dec 24, 2025

Dividend

Ex-dividend Sep 27, 2024

¥640

Annual

Record Sep 30, 2024 · Payment Dec 23, 2024

Dividend

Ex-dividend Sep 28, 2023

¥400

Annual

Record Sep 30, 2023 · Payment Dec 25, 2023

Dividend

Ex-dividend Sep 29, 2022

¥480

Annual

Record Sep 30, 2022 · Payment Dec 26, 2022

Dividend

Ex-dividend Sep 29, 2021

¥95.622

Annual

Record Sep 30, 2021 · Payment Dec 27, 2021

2961.T peers

Hitachi, Ltd. logo

6501.T

Hitachi, Ltd.

¥5,266

+1.35%

Recruit Holdings Co., Ltd. logo

6098.T

Recruit Holdings Co., Ltd.

¥16,515

+3.87%

Mitsubishi Corporation logo

8058.T

Mitsubishi Corporation

¥4,793

-0.02%

ITOCHU Corporation logo

8001.T

ITOCHU Corporation

¥2,117.5

+1.80%

Mitsui & Co., Ltd. logo

8031.T

Mitsui & Co., Ltd.

¥4,954

+1.12%

Mitsubishi Heavy Industries, Ltd. logo

7011.T

Mitsubishi Heavy Industries, Ltd.

¥3,955

+0.58%

Continue in GoAI

Research 2961.T

research.disclaimer