NHK Spring Co., Ltd. logo

NHK Spring Co., Ltd.

5991.T

JPXConsumer CyclicalAuto - Parts

Latest quote

¥3,454

−¥25.00 · -0.72%

Aug 24, 3:30 PM JST

5991.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

NHK Spring Co., Ltd., a global enterprise established in 1936 and headquartered in Yokohama, Japan, specializes in manufacturing and supplying a diverse array of products for the automotive, data communications, industrial, and lifestyle sectors. The company's operations are structured into four primary segments: Automotive Suspension Springs; Automotive Seating; Precision Springs and Components; and Industrial Machinery and Equipment, and Others. Within the Automotive Suspension Springs division, NHK Spring produces critical vehicle components such as coil springs, stabilizers, torsion bars, stabilinkers, and leaf springs. This segment also delivers powertrain, braking, and exhaust system elements, including various valve springs, disc, wire, and wave springs designed for gearboxes, injector springs, and a comprehensive selection of specialized thin plate, disc, and wire spring products. The Automotive Seating segment crafts advanced seating solutions, including sports seats, suspension seats, fatigue-reducing seats, and single-motor power seats. Additionally, it supplies polyurethane foams, fastening screws and bolts, control cables, door sunshades, tonneau covers, mechanical seating parts, and trim components. Its Precision Springs and Components offerings extend to motorcycle chain tensioners, motor cores, spring grid arrays, ceramic springs, and metal substrate products. This segment is also a key supplier of HDD (hard disk drive) components, providing suspensions, top covers, disk clamps, base plates, and dummy heads. For data communications and semiconductor devices, the company offers sophisticated items like test sockets, probe cards, precision wire springs, lock hinges, bonded metal products, aluminum cooling plates, and shower heads, alongside general electrical products and microcontactor solutions. Finally, the Industrial Machinery and Equipment, and Others segment encompasses a broad spectrum of products for various industries and daily life. This includes solutions for industrial plants, spring mechanisms, chemical applications, multi-story parking systems, security systems, electronic components, railway and maritime sectors, and sports-related goods, in addition to offering diverse testing and design services.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
JP
CEO
Takashi Kayamoto
Listed since
Jan 1, 2001
Employees
18,121

Market position

Day range

Current ¥3,454

52-week range

Current ¥3,454

Open
¥3,470
Previous close
¥3,479
Volume
458.8K
0.46× average
Average volume
994.82K
Average daily volume
Market cap
699.74B JPY
Beta
0.95
Market reference 1
50-day average
¥3,746.14
-7.80% below average
200-day average
¥3,042.3
+13.53% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
447.39B JPY
P/E (TTM)
20.22×
P/B (TTM)
1.54×
P/S (TTM)
0.84×
EV / EBITDA
5.5×
Earnings yield
5.67%
Free cash flow yield
7.65%
Dividend yield
1.91%

Profitability & efficiency

Gross margin
14.24%
Operating margin
5.89%
Net margin
4.15%
Return on equity
6.47%
Return on assets
3.82%
Return on invested capital
4.60%

Financial health

Debt / equity
0.13×
Current ratio
2.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends15%11%6%2%Gross margin, FY2022: 12.58%Gross margin, FY2023: 11.66%Gross margin, FY2024: 11.66%Gross margin, FY2025: 14.10%Gross margin, FY2026: 13.92%Operating margin, FY2022: 3.64%Operating margin, FY2023: 4.11%Operating margin, FY2024: 4.52%Operating margin, FY2025: 6.51%Operating margin, FY2026: 5.60%Net margin, FY2022: 5.45%Net margin, FY2023: 3.11%Net margin, FY2024: 5.11%Net margin, FY2025: 6.01%Net margin, FY2026: 3.41%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 12.58%. Gross margin FY2023 11.66%. Gross margin FY2024 11.66%. Gross margin FY2025 14.10%. Gross margin FY2026 13.92%. Operating margin FY2022 3.64%. Operating margin FY2023 4.11%. Operating margin FY2024 4.52%. Operating margin FY2025 6.51%. Operating margin FY2026 5.60%. Net margin FY2022 5.45%. Net margin FY2023 3.11%. Net margin FY2024 5.11%. Net margin FY2025 6.01%. Net margin FY2026 3.41%.

Income trends

Revenue

816.88B JPY+1.89%

Operating income

45.78B JPY-12.23%

Net income

27.86B JPY-42.16%
Income trends across reported periods896.43B JPY578.22B JPY260.02B JPY−58.19B JPYRevenue, FY2022: 586.9B JPYRevenue, FY2023: 693.25B JPYRevenue, FY2024: 766.93B JPYRevenue, FY2025: 801.7B JPYRevenue, FY2026: 816.88B JPYOperating income, FY2022: 21.36B JPYOperating income, FY2023: 28.5B JPYOperating income, FY2024: 34.65B JPYOperating income, FY2025: 52.16B JPYOperating income, FY2026: 45.78B JPYNet income, FY2022: 32B JPYNet income, FY2023: 21.54B JPYNet income, FY2024: 39.19B JPYNet income, FY2025: 48.17B JPYNet income, FY2026: 27.86B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 586.9B JPY. Revenue FY2023 693.25B JPY. Revenue FY2024 766.93B JPY. Revenue FY2025 801.7B JPY. Revenue FY2026 816.88B JPY. Operating income FY2022 21.36B JPY. Operating income FY2023 28.5B JPY. Operating income FY2024 34.65B JPY. Operating income FY2025 52.16B JPY. Operating income FY2026 45.78B JPY. Net income FY2022 32B JPY. Net income FY2023 21.54B JPY. Net income FY2024 39.19B JPY. Net income FY2025 48.17B JPY. Net income FY2026 27.86B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue816.88B JPY801.7B JPY766.93B JPY693.25B JPY586.9B JPY
Cost of goods sold703.14B JPY688.64B JPY677.52B JPY612.41B JPY513.1B JPY
Gross profit113.74B JPY113.06B JPY89.42B JPY80.84B JPY73.8B JPY
Research and development24.68B JPY22.74B JPY19.34B JPY17.5B JPY16.08B JPY
Selling, general, and administrative67.95B JPY60.89B JPY54.76B JPY52.33B JPY52.44B JPY
Operating expenses67.95B JPY60.89B JPY54.76B JPY52.33B JPY52.44B JPY
Interest income2.21B JPY2.14B JPY1.7B JPY735M JPY469M JPY
Interest expense612M JPY385M JPY184M JPY260M JPY351M JPY
Depreciation and amortization30.45B JPY29.32B JPY28.67B JPY28.88B JPY28.3B JPY
Operating income45.78B JPY52.16B JPY34.65B JPY28.5B JPY21.36B JPY
Net income27.86B JPY48.17B JPY39.19B JPY21.54B JPY32B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
1 beat, 0 misses, 0 met estimates
Average EPS surprise
+171.45%
1 comparable report
Latest EPS result
77.63

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates91.9565.0838.2211.35Q4 '24No estimateQ1 '25No estimateQ2 '25BeatQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Nov 13, 2024: actual 30.2, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 38.83, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 86.13, estimate 31.73, surprise +171.45%, Beat. Q3 2025, reported Aug 6, 2025: actual 44.24, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 24.34, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 55.53, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 11, 2026: actual 13.35, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 77.63, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates229.31B214.59B199.88B185.16BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 201.44B JPY, estimate 205.27B JPY, surprise -1.86%, Miss. Q2 2025, reported May 14, 2025: actual 209.03B JPY, estimate 207.43B JPY, surprise +0.77%, Beat. Q3 2025, reported Aug 6, 2025: actual 199.95B JPY, estimate 195.13B JPY, surprise +2.47%, Beat. Q4 2025, reported Nov 12, 2025: actual 193.98B JPY, estimate 200.12B JPY, surprise -3.07%, Miss. Q1 2026, reported Feb 12, 2026: actual 202.46B JPY, estimate 204.45B JPY, surprise -0.97%, Miss. Q2 2026, reported May 11, 2026: actual 220.49B JPY, estimate 209.51B JPY, surprise +5.24%, Beat. Q3 2026, reported Aug 6, 2026: actual 216.16B JPY, estimate 209.85B JPY, surprise +3.01%, Beat. Q4 2026, reported Nov 18, 2026: actual —, estimate 209.6B JPY, surprise —, Comparison unavailable.

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