NTN Corporation logo

NTN Corporation

6472.T

JPXIndustrialsManufacturing - Tools & Accessories

Latest quote

¥376.6

+¥2.60 · +0.70%

Aug 24, 1:20 PM JST

6472.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Headquartered in Osaka, Japan, NTN Corporation is a global manufacturer and distributor of essential mechanical components. Established in 1918, the company, along with its subsidiaries, offers a wide array of products, including various types of bearings (such as radial, thrust, special purpose, and linear motion bearings, as well as plummer blocks and bearing units), constant velocity joints, automatic tensioners, and clutches. Their diverse portfolio also encompasses advanced solutions like electric motors, actuators, sensor-related products, electric brake systems, condition monitoring systems, composite materials, and even wind and hydro turbines. Beyond manufacturing, NTN provides comprehensive aftermarket parts and maintenance services. These products and services cater to a vast range of industries worldwide, spanning from automotive (including electric vehicles and motorcycles) and railway systems to wind power generation, heavy construction and agricultural machinery, aerospace, robotics, medical equipment, and various sectors within manufacturing like iron making, machine tools, paper production, and food processing, alongside general electrical machinery and renewable energy applications. The company maintains a significant presence across Japan, the Americas, Europe, and other Asian markets.

Industry
Manufacturing - Tools & Accessories
Sector
Industrials
Headquarters
JP
CEO
Eiichi Ukai
Listed since
Jan 1, 1937
Employees
20,966

Market position

Day range

Current ¥376.6

52-week range

Current ¥376.6

Open
¥374.8
Previous close
¥374
Volume
1.02M
0.23× average
Average volume
4.53M
Average daily volume
Market cap
223.89B JPY
Beta
0.8
Market reference 1
50-day average
¥397.37
-5.23% below average
200-day average
¥381.99
-1.41% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
362.19B JPY
P/E (TTM)
15.44×
P/B (TTM)
0.75×
P/S (TTM)
0.27×
EV / EBITDA
5.7×
Earnings yield
7.33%
Free cash flow yield
15.98%
Dividend yield
2.92%

Profitability & efficiency

Gross margin
18.64%
Operating margin
3.86%
Net margin
1.62%
Return on equity
4.34%
Return on assets
1.46%
Return on invested capital
4.31%

Financial health

Debt / equity
1.01×
Current ratio
1.51×
Altman Z-score
1.64
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends21%13%4%-5%Gross margin, FY2021: 17.59%Gross margin, FY2022: 17.23%Gross margin, FY2023: 18.19%Gross margin, FY2024: 17.96%Gross margin, FY2025: 19.20%Operating margin, FY2021: 1.26%Operating margin, FY2022: 2.22%Operating margin, FY2023: 3.37%Operating margin, FY2024: 2.78%Operating margin, FY2025: 3.76%Net margin, FY2021: 1.14%Net margin, FY2022: 1.34%Net margin, FY2023: 1.26%Net margin, FY2024: -2.88%Net margin, FY2025: 1.56%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 17.59%. Gross margin FY2022 17.23%. Gross margin FY2023 18.19%. Gross margin FY2024 17.96%. Gross margin FY2025 19.20%. Operating margin FY2021 1.26%. Operating margin FY2022 2.22%. Operating margin FY2023 3.37%. Operating margin FY2024 2.78%. Operating margin FY2025 3.76%. Net margin FY2021 1.14%. Net margin FY2022 1.34%. Net margin FY2023 1.26%. Net margin FY2024 -2.88%. Net margin FY2025 1.56%.

Income trends

Revenue

826.34B JPY+0.09%

Operating income

31.04B JPY+35.17%

Net income

12.87B JPY+36.67B JPY
Income trends across reported periods922.29B JPY578.26B JPY234.23B JPY−109.81B JPYRevenue, FY2021: 642.02B JPYRevenue, FY2022: 773.96B JPYRevenue, FY2023: 836.29B JPYRevenue, FY2024: 825.59B JPYRevenue, FY2025: 826.34B JPYOperating income, FY2021: 8.09B JPYOperating income, FY2022: 17.15B JPYOperating income, FY2023: 28.15B JPYOperating income, FY2024: 22.96B JPYOperating income, FY2025: 31.04B JPYNet income, FY2021: 7.34B JPYNet income, FY2022: 10.37B JPYNet income, FY2023: 10.57B JPYNet income, FY2024: −23.8B JPYNet income, FY2025: 12.87B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 642.02B JPY. Revenue FY2022 773.96B JPY. Revenue FY2023 836.29B JPY. Revenue FY2024 825.59B JPY. Revenue FY2025 826.34B JPY. Operating income FY2021 8.09B JPY. Operating income FY2022 17.15B JPY. Operating income FY2023 28.15B JPY. Operating income FY2024 22.96B JPY. Operating income FY2025 31.04B JPY. Net income FY2021 7.34B JPY. Net income FY2022 10.37B JPY. Net income FY2023 10.57B JPY. Net income FY2024 −23.8B JPY. Net income FY2025 12.87B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue826.34B JPY825.59B JPY836.29B JPY773.96B JPY642.02B JPY
Cost of goods sold667.67B JPY677.35B JPY684.16B JPY640.63B JPY529.09B JPY
Gross profit158.68B JPY148.24B JPY152.13B JPY133.33B JPY112.93B JPY
Research and development19.95B JPY19.66B JPY18.23B JPY18.68B JPY17.44B JPY
Selling, general, and administrative107.69B JPY105.63B JPY105.74B JPY97.5B JPY88.61B JPY
Operating expenses127.64B JPY125.28B JPY123.98B JPY116.18B JPY104.84B JPY
Interest income1.69B JPY1.9B JPY1.42B JPY1.15B JPY866M JPY
Interest expense7.82B JPY8.97B JPY8.52B JPY5.91B JPY4.28B JPY
Depreciation and amortization40.49B JPY42.59B JPY42.02B JPY42.26B JPY38.06B JPY
Operating income31.04B JPY22.96B JPY28.15B JPY17.15B JPY8.09B JPY
Net income12.87B JPY−23.8B JPY10.57B JPY10.37B JPY7.34B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
43%
3 beats, 4 misses, 0 met estimates
Average EPS surprise
-2.14%
7 comparable reports
Latest EPS result
3.24
Estimate 8.5 · Miss by 61.88%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates20.132.42-15.29-33Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual -11.55, estimate 4.72, surprise -344.70%, Miss. Q2 2025, reported May 14, 2025: actual -29.34, estimate -9.72, surprise -202.00%, Miss. Q3 2025, reported Aug 4, 2025: actual 2.25, estimate -7.54, surprise +129.82%, Beat. Q4 2025, reported Oct 31, 2025: actual 3.61, estimate -5.84, surprise +161.81%, Beat. Q1 2026, reported Feb 3, 2026: actual 1.07, estimate 1.13, surprise -5.31%, Miss. Q2 2026, reported May 14, 2026: actual 16.47, estimate -7.94, surprise +307.31%, Beat. Q3 2026, reported Aug 4, 2026: actual 3.24, estimate 8.5, surprise -61.88%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 10.55, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates231.93B216.72B201.51B186.3BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 201.57B JPY, estimate 198.47B JPY, surprise +1.56%, Beat. Q2 2025, reported May 14, 2025: actual 210.07B JPY, estimate 204.79B JPY, surprise +2.58%, Beat. Q3 2025, reported Aug 4, 2025: actual 199.04B JPY, estimate 200B JPY, surprise -0.48%, Miss. Q4 2025, reported Oct 31, 2025: actual 203.22B JPY, estimate 195.22B JPY, surprise +4.10%, Beat. Q1 2026, reported Feb 3, 2026: actual 201.08B JPY, estimate 203.67B JPY, surprise -1.27%, Miss. Q2 2026, reported May 14, 2026: actual 223.01B JPY, estimate 208.48B JPY, surprise +6.97%, Beat. Q3 2026, reported Aug 4, 2026: actual 212.28B JPY, estimate 208.3B JPY, surprise +1.91%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 213.06B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥11.00

2025 complete year+10.0% since 2018

2026 partial: ¥5.50

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥6.50

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥6.50

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥5.50

Semi-Annual

Record Mar 31, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Sep 29, 2025

¥5.50

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥5.50

Semi-Annual

Record Mar 31, 2025 · Payment Jun 26, 2025

Dividend

Ex-dividend Sep 27, 2024

¥5.50

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

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