NFK Holdings Co., Ltd. logo

NFK Holdings Co., Ltd.

6494.T

JPXIndustrialsIndustrial - Machinery

Latest quote

¥96.00

−¥1.00 · -1.03%

Aug 24, 3:30 PM JST

6494.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

NFK Holdings Co., Ltd., established in Tokyo, Japan in 1950, specializes in the engineering, manufacturing, and distribution of advanced industrial heating and thermal processing equipment across Japan. The company develops and produces an extensive array of combustion systems tailored for critical sectors such as petroleum refineries, petrochemical facilities, and diverse industrial plants, including those utilizing cement kilns. Their product portfolio encompasses specialized incinerators for challenging waste streams like liquids containing solid particles and halide wastes, alongside machinery for waste plastics liquefaction plants and cyclone melting furnaces for sewage sludge. Furthermore, NFK provides sophisticated incinerators for acid and tail gases, particularly those from sulfur recovery units, re-heating systems for exhaust gas desulfurization plants, deodorization and inert gas generation plants, and reaction furnaces for various process applications. Beyond these, the company offers industrial furnaces integrated with regenerative burners, a broad spectrum of burners for boilers, economizers, fired heaters, and rotary kilns, as well as gas-fired burners, regenerators for gas turbine exhausts, and anti-corrosion glass economizers. A significant portion of their business also involves providing energy-saving solutions and crucial maintenance services for boilers.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Yoshiaki Toyoda
Listed since
Jan 4, 2000
Employees
207

Market position

Day range

Current ¥96.00

52-week range

Current ¥96.00

Open
¥96.00
Previous close
¥97.00
Volume
222K
0.31× average
Average volume
709.71K
Average daily volume
Market cap
4.68B JPY
Beta
0.67
Market reference 1
50-day average
¥96.94
-0.97% below average
200-day average
¥115.92
-17.18% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.63B JPY
P/E (TTM)
23.41×
P/B (TTM)
0.8×
P/S (TTM)
0.93×
EV / EBITDA
7.12×
Earnings yield
1.81%
Free cash flow yield
4.78%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
27.69%
Operating margin
8.47%
Net margin
3.99%
Return on equity
1.51%
Return on assets
1.08%
Return on invested capital
1.79%

Financial health

Debt / equity
0.14×
Current ratio
54.16×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%27%13%-1%Gross margin, FY2021: 26.28%Gross margin, FY2022: 25.31%Gross margin, FY2023: 25.08%Gross margin, FY2024: 26.18%Gross margin, FY2025: 29.62%Operating margin, FY2021: 5.57%Operating margin, FY2022: 7.07%Operating margin, FY2023: 5.98%Operating margin, FY2024: 6.58%Operating margin, FY2025: 7.40%Net margin, FY2021: 6.57%Net margin, FY2022: 5.69%Net margin, FY2023: 37.17%Net margin, FY2024: 5.07%Net margin, FY2025: 2.40%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.28%. Gross margin FY2022 25.31%. Gross margin FY2023 25.08%. Gross margin FY2024 26.18%. Gross margin FY2025 29.62%. Operating margin FY2021 5.57%. Operating margin FY2022 7.07%. Operating margin FY2023 5.98%. Operating margin FY2024 6.58%. Operating margin FY2025 7.40%. Net margin FY2021 6.57%. Net margin FY2022 5.69%. Net margin FY2023 37.17%. Net margin FY2024 5.07%. Net margin FY2025 2.40%.

Income trends

Revenue

3.68B JPY+76.90%

Operating income

272.68M JPY+98.88%

Net income

88.35M JPY-16.36%
Income trends across reported periods4.04B JPY2.6B JPY1.17B JPY−271.16M JPYRevenue, FY2021: 1.95B JPYRevenue, FY2022: 2.16B JPYRevenue, FY2023: 2.13B JPYRevenue, FY2024: 2.08B JPYRevenue, FY2025: 3.68B JPYOperating income, FY2021: 108.31M JPYOperating income, FY2022: 152.43M JPYOperating income, FY2023: 127.26M JPYOperating income, FY2024: 137.11M JPYOperating income, FY2025: 272.68M JPYNet income, FY2021: 127.87M JPYNet income, FY2022: 122.66M JPYNet income, FY2023: 790.9M JPYNet income, FY2024: 105.63M JPYNet income, FY2025: 88.35M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.95B JPY. Revenue FY2022 2.16B JPY. Revenue FY2023 2.13B JPY. Revenue FY2024 2.08B JPY. Revenue FY2025 3.68B JPY. Operating income FY2021 108.31M JPY. Operating income FY2022 152.43M JPY. Operating income FY2023 127.26M JPY. Operating income FY2024 137.11M JPY. Operating income FY2025 272.68M JPY. Net income FY2021 127.87M JPY. Net income FY2022 122.66M JPY. Net income FY2023 790.9M JPY. Net income FY2024 105.63M JPY. Net income FY2025 88.35M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue3.68B JPY2.08B JPY2.13B JPY2.16B JPY1.95B JPY
Cost of goods sold2.59B JPY1.54B JPY1.59B JPY1.61B JPY1.43B JPY
Gross profit1.09B JPY545.22M JPY533.55M JPY546.11M JPY511.49M JPY
Research and development4M JPY2M JPY6M JPY
Operating expenses818.27M JPY408.11M JPY406.29M JPY393.69M JPY403.18M JPY
Interest income46.06M JPY15.47M JPY2.61M JPY2.51M JPY333K JPY
Interest expense3.13M JPY677K JPY1.05M JPY1.18M JPY1.25M JPY
Depreciation and amortization68.65M JPY25.04M JPY29.4M JPY38.85M JPY28.56M JPY
Operating income272.68M JPY137.11M JPY127.26M JPY152.43M JPY108.31M JPY
Net income88.35M JPY105.63M JPY790.9M JPY122.66M JPY127.87M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.66

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates3.431.71-0.01-1.73Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual -0.05, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 0.48, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 3.07, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual -1.37, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 1.14, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 1.75, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 0.24, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 0.66, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.7B1.21B721.06M229.47MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 425M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 468M JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 798M JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 269.96M JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 479.15M JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 1.48B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 1.45B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 1.6B JPY, estimate —, surprise —, Comparison unavailable.

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