Nichicon Corporation logo

Nichicon Corporation

6996.T

JPXTechnologyHardware, Equipment & Parts

Latest quote

¥2,701

+¥4.00 · +0.15%

Aug 24, 1:28 PM JST

6996.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nichicon Corporation, established in 1950 and based in Kyoto, Japan, operates internationally through its subsidiaries, specializing in the development, manufacturing, and sale of a diverse range of capacitors and electronic circuit components. Its comprehensive capacitor selection features chip, miniature, large can, conductive polymer aluminum solid electrolytic, electric double layer, plastic film, and inverter smoothing types. Additionally, the company provides positive thermistors and various function and power modules. Nichicon's offerings extend to advanced energy and power management solutions, including household energy storage systems, vehicle-to-home systems, quick chargers for electric vehicles (EV/PHVs), power storage solutions for public and industrial use, small Li-Ion rechargeable batteries, switching power supplies, power sources for medical and academic accelerators, and devices for compensating voltage sag and power outages. These products are integral to numerous industries, encompassing energy, environmental technology, medical equipment, automotive and railway applications, domestic appliances, industrial inverters, and information and communication technologies. The company officially became Nichicon Corporation in October 1987, having previously been known as Nichicon Capacitor Ltd.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
JP
CEO
Ippei Takeda
Listed since
Jan 1, 2001
Employees
4,982

Market position

Day range

Current ¥2,701

52-week range

Current ¥2,701

Open
¥2,688
Previous close
¥2,697
Volume
344K
0.28× average
Average volume
1.23M
Average daily volume
Market cap
181.4B JPY
Beta
0.66
Market reference 1
50-day average
¥3,493.52
-22.69% below average
200-day average
¥2,429.56
+11.17% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
115.46B JPY
P/E (TTM)
23.89×
P/B (TTM)
1.45×
P/S (TTM)
1.04×
EV / EBITDA
8.1×
Earnings yield
5.48%
Free cash flow yield
0.92%
Dividend yield
1.37%

Profitability & efficiency

Gross margin
18.52%
Operating margin
4.90%
Net margin
4.34%
Return on equity
5.28%
Return on assets
3.23%
Return on invested capital
3.68%

Financial health

Debt / equity
0.19×
Current ratio
2.28×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%15%8%1%Gross margin, FY2021: 19.59%Gross margin, FY2022: 20.65%Gross margin, FY2023: 19.87%Gross margin, FY2024: 19.07%Gross margin, FY2025: 17.66%Operating margin, FY2021: 4.52%Operating margin, FY2022: 6.86%Operating margin, FY2023: 4.90%Operating margin, FY2024: 2.91%Operating margin, FY2025: 3.64%Net margin, FY2021: 5.56%Net margin, FY2022: 4.23%Net margin, FY2023: 4.54%Net margin, FY2024: 3.34%Net margin, FY2025: 3.72%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.59%. Gross margin FY2022 20.65%. Gross margin FY2023 19.87%. Gross margin FY2024 19.07%. Gross margin FY2025 17.66%. Operating margin FY2021 4.52%. Operating margin FY2022 6.86%. Operating margin FY2023 4.90%. Operating margin FY2024 2.91%. Operating margin FY2025 3.64%. Net margin FY2021 5.56%. Net margin FY2022 4.23%. Net margin FY2023 4.54%. Net margin FY2024 3.34%. Net margin FY2025 3.72%.

Income trends

Revenue

169.72B JPY-3.43%

Operating income

6.19B JPY+21.08%

Net income

6.31B JPY+7.38%
Income trends across reported periods202.69B JPY130.84B JPY58.99B JPY−12.85B JPYRevenue, FY2021: 142.2B JPYRevenue, FY2022: 184.73B JPYRevenue, FY2023: 181.64B JPYRevenue, FY2024: 175.75B JPYRevenue, FY2025: 169.72B JPYOperating income, FY2021: 6.43B JPYOperating income, FY2022: 12.68B JPYOperating income, FY2023: 8.9B JPYOperating income, FY2024: 5.11B JPYOperating income, FY2025: 6.19B JPYNet income, FY2021: 7.9B JPYNet income, FY2022: 7.82B JPYNet income, FY2023: 8.25B JPYNet income, FY2024: 5.88B JPYNet income, FY2025: 6.31B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 142.2B JPY. Revenue FY2022 184.73B JPY. Revenue FY2023 181.64B JPY. Revenue FY2024 175.75B JPY. Revenue FY2025 169.72B JPY. Operating income FY2021 6.43B JPY. Operating income FY2022 12.68B JPY. Operating income FY2023 8.9B JPY. Operating income FY2024 5.11B JPY. Operating income FY2025 6.19B JPY. Net income FY2021 7.9B JPY. Net income FY2022 7.82B JPY. Net income FY2023 8.25B JPY. Net income FY2024 5.88B JPY. Net income FY2025 6.31B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue169.72B JPY175.75B JPY181.64B JPY184.73B JPY142.2B JPY
Cost of goods sold139.75B JPY142.24B JPY145.55B JPY146.58B JPY114.34B JPY
Gross profit29.98B JPY33.51B JPY36.09B JPY38.15B JPY27.85B JPY
Research and development7.23B JPY6.58B JPY6.27B JPY5.54B JPY
Selling, general, and administrative23.79B JPY20.09B JPY19.51B JPY18.78B JPY15.57B JPY
Operating expenses23.79B JPY28.4B JPY27.19B JPY25.47B JPY21.43B JPY
Interest income253M JPY289M JPY269M JPY147M JPY77M JPY
Interest expense266M JPY167M JPY92M JPY71M JPY47M JPY
Depreciation and amortization8.08B JPY8.47B JPY6.95B JPY7.54B JPY6.06B JPY
Operating income6.19B JPY5.11B JPY8.9B JPY12.68B JPY6.43B JPY
Net income6.31B JPY5.88B JPY8.25B JPY7.82B JPY7.9B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+16.70%
11 comparable reports
Latest EPS result
36.79
Estimate 16.38 · Beat by 124.60%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates50.3725.681-23.69Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 45.26, estimate 16.07, surprise +181.64%, Beat. Q2 2025, reported May 9, 2025: actual -18.58, estimate 6.48, surprise -386.73%, Miss. Q3 2025, reported Aug 5, 2025: actual 17.68, estimate 11.69, surprise +51.24%, Beat. Q4 2025, reported Nov 5, 2025: actual 6.44, estimate 13.34, surprise -51.72%, Miss. Q1 2026, reported Feb 6, 2026: actual 35.73, estimate 19, surprise +88.05%, Beat. Q2 2026, reported May 8, 2026: actual 34.12, estimate 20.19, surprise +68.99%, Beat. Q3 2026, reported Aug 5, 2026: actual 36.79, estimate 16.38, surprise +124.60%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 31.7, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates50.17B46B41.84B37.67BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 48.24B JPY, estimate 45.67B JPY, surprise +5.63%, Beat. Q2 2025, reported May 9, 2025: actual 43.01B JPY, estimate 44.69B JPY, surprise -3.76%, Miss. Q3 2025, reported Aug 5, 2025: actual 39.6B JPY, estimate 41.9B JPY, surprise -5.49%, Miss. Q4 2025, reported Nov 5, 2025: actual 41.13B JPY, estimate 44.2B JPY, surprise -6.94%, Miss. Q1 2026, reported Feb 6, 2026: actual 43.52B JPY, estimate 46.11B JPY, surprise -5.60%, Miss. Q2 2026, reported May 8, 2026: actual 45.47B JPY, estimate 46.11B JPY, surprise -1.39%, Miss. Q3 2026, reported Aug 5, 2026: actual 44.71B JPY, estimate 44.4B JPY, surprise +0.71%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 46.36B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥36.00

2025 complete year+157.1% since 2021

2026 partial: ¥19.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥19.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥20.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥19.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥18.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 5, 2025

Dividend

Ex-dividend Mar 28, 2025

¥18.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥17.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 6, 2024

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