Nippon Avionics Co., Ltd. (6946.T) stock price, financials & research

Regular session · JST · Market data may be delayed.

Company profile

Nippon Avionics Co., Ltd., headquartered in Yokohama, Japan, operates as a Japanese manufacturer and vendor, primarily focusing on micro joining equipment within its domestic market. The company offers a comprehensive range of products, including various welding solutions such as resistance, laser, and seam welders, alongside ultrasonic equipment, pulse heat units, high-frequency induction heaters, pulse heat fusing units, and essential joining monitors. Beyond its core joining technology, the firm also supplies infrared thermal imaging cameras and specialized radiation-hardened point-of-load DC/DC converters. Established in 1960, the enterprise was initially known as Nippon Aviotronics Co., Ltd., before adopting its current name, Nippon Avionics Co., Ltd., in April 1980.

Industry: Electrical Equipment & Parts
Sector: Industrials
Headquarters: JP
CEO: Masato Takeuchi
Listed since: Jan 5, 2001
Employees: 763

Market position

52-week range

Current ¥5,500

¥4,020¥9,000

Open: ¥5,500
Previous close: ¥5,350
Volume: 130.4K; 0.57× average
Average volume: 228.91K; Average daily volume
Market cap: 81.34B JPY
Beta: 1.28; Market reference 1
50-day average: ¥5,250.4; +4.75% above average
200-day average: ¥5,756.05; -4.45% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM): 17.94×
P/B (TTM): 4.76×
P/S (TTM): 2.51×
Dividend yield: 0.18%

Profitability & efficiency

Gross margin: 33.13%
Operating margin: 20.52%
Net margin: 14.11%

Financial health

Debt / equity: 0.91×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin

Income trends

Revenue

29.19B JPY+45.08%

Operating income

5.52B JPY+97.21%

Net income

3.82B JPY+94.50%

Metric (JPY)	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	29.19B JPY	20.12B JPY	18.06B JPY	17.75B JPY	19.23B JPY
Cost of goods sold	19.68B JPY	13.48B JPY	12.33B JPY	12.01B JPY	13.19B JPY
Gross profit	9.51B JPY	6.64B JPY	5.73B JPY	5.74B JPY	6.04B JPY
Research and development	—	562M JPY	487M JPY	487M JPY	425M JPY
Selling, general, and administrative	4B JPY	3.28B JPY	3.06B JPY	3.31B JPY	3.77B JPY
Operating expenses	4B JPY	3.84B JPY	3.55B JPY	3.79B JPY	4.19B JPY
Interest income	3M JPY	—	—	—	—
Interest expense	104M JPY	47M JPY	29M JPY	26M JPY	38M JPY
Depreciation and amortization	479M JPY	478M JPY	287M JPY	217M JPY	250M JPY
Operating income	5.52B JPY	2.8B JPY	2.18B JPY	1.95B JPY	1.85B JPY
Net income	3.82B JPY	1.96B JPY	2.15B JPY	1.82B JPY	1.63B JPY