Nadex Co., Ltd. logo

Nadex Co., Ltd.

7435.T

JPXIndustrialsIndustrial - Machinery

Latest quote

¥1,352

+¥2.00 · +0.15%

Aug 24, 3:30 PM JST

7435.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nadex Co., Ltd., a Japanese company founded in 1950 and based in Nagoya, primarily specializes in the design, production, distribution, and setup of welding equipment for both domestic and international markets. The company offers a diverse range of welding products and materials, including various types of welding apparatus like resistance, arc, laser, and plasma welders, as well as other specialized equipment. They also supply essential welding consumables such as electrodes and wires. Beyond these core welding solutions, Nadex's offerings extend to industrial robots, numerically controlled machinery, hemming equipment, cranes, and broader plant infrastructure. Furthermore, Nadex provides an extensive selection of factory automation (FA) equipment. This encompasses automated and labor-saving facilities for automotive component manufacturing, a wide array of electronics-related equipment for production, inspection, measurement, molding, and cleaning. Their FA solutions also integrate specific welding equipment (resistance, arc, laser, plasma, and other types), industrial robots, and logistics systems. The company's portfolio also includes electronic control systems, covering general electronics, various control components and devices, power supply modules, comprehensive FA systems, environmentally friendly and energy-saving products, along with assembly and processing solutions. Additionally, Nadex develops and implements various IT solutions. Beyond manufacturing, Nadex actively sells welding materials and electrical control devices. They manage the entire lifecycle of factory automation systems, from initial planning and development through to manufacturing, sales, and installation. Moreover, the company delivers comprehensive services for information network systems, including planning, design, development, sales, maintenance, and expert consultation.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Daisuke Shindo
Listed since
Mar 24, 1995
Employees
731

Market position

Day range

Current ¥1,352

52-week range

Current ¥1,352

Open
¥1,352
Previous close
¥1,350
Volume
26.6K
0.53× average
Average volume
50.47K
Average daily volume
Market cap
10.71B JPY
Beta
0.06
Market reference 1
50-day average
¥1,251.84
+8.00% above average
200-day average
¥1,089.75
+24.07% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.03B JPY
EV / EBITDA
1.99×
Earnings yield
7.59%
Free cash flow yield
25.40%

Profitability & efficiency

Return on equity
3.27%
Return on assets
2.06%
Return on invested capital
3.01%

Financial health

Current ratio
2.07×
Altman Z-score
2.91
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%15%7%-1%Gross margin, FY2021: 19.26%Gross margin, FY2022: 21.23%Gross margin, FY2023: 20.35%Gross margin, FY2024: 18.72%Gross margin, FY2025: 19.75%Operating margin, FY2021: 3.50%Operating margin, FY2022: 5.41%Operating margin, FY2023: 2.92%Operating margin, FY2024: 2.07%Operating margin, FY2025: 3.04%Net margin, FY2021: 2.70%Net margin, FY2022: 3.64%Net margin, FY2023: 2.37%Net margin, FY2024: 0.68%Net margin, FY2025: 1.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.26%. Gross margin FY2022 21.23%. Gross margin FY2023 20.35%. Gross margin FY2024 18.72%. Gross margin FY2025 19.75%. Operating margin FY2021 3.50%. Operating margin FY2022 5.41%. Operating margin FY2023 2.92%. Operating margin FY2024 2.07%. Operating margin FY2025 3.04%. Net margin FY2021 2.70%. Net margin FY2022 3.64%. Net margin FY2023 2.37%. Net margin FY2024 0.68%. Net margin FY2025 1.79%.

Income trends

Revenue

36.84B JPY-0.14%

Operating income

1.12B JPY+46.73%

Net income

659.72M JPY+162.01%
Income trends across reported periods40.55B JPY25.9B JPY11.24B JPY−3.41B JPYRevenue, FY2021: 34.58B JPYRevenue, FY2022: 36.16B JPYRevenue, FY2023: 34.39B JPYRevenue, FY2024: 36.89B JPYRevenue, FY2025: 36.84B JPYOperating income, FY2021: 1.21B JPYOperating income, FY2022: 1.96B JPYOperating income, FY2023: 1B JPYOperating income, FY2024: 762.77M JPYOperating income, FY2025: 1.12B JPYNet income, FY2021: 935.09M JPYNet income, FY2022: 1.31B JPYNet income, FY2023: 813.95M JPYNet income, FY2024: 251.79M JPYNet income, FY2025: 659.72M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 34.58B JPY. Revenue FY2022 36.16B JPY. Revenue FY2023 34.39B JPY. Revenue FY2024 36.89B JPY. Revenue FY2025 36.84B JPY. Operating income FY2021 1.21B JPY. Operating income FY2022 1.96B JPY. Operating income FY2023 1B JPY. Operating income FY2024 762.77M JPY. Operating income FY2025 1.12B JPY. Net income FY2021 935.09M JPY. Net income FY2022 1.31B JPY. Net income FY2023 813.95M JPY. Net income FY2024 251.79M JPY. Net income FY2025 659.72M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue36.84B JPY36.89B JPY34.39B JPY36.16B JPY34.58B JPY
Cost of goods sold29.56B JPY29.98B JPY27.39B JPY28.48B JPY27.92B JPY
Gross profit7.28B JPY6.91B JPY7B JPY7.68B JPY6.66B JPY
Research and development240.41M JPY363.27M JPY355.44M JPY376.51M JPY
Selling, general, and administrative6.16B JPY5.91B JPY5.46B JPY5.37B JPY5.07B JPY
Operating expenses6.16B JPY6.14B JPY5.99B JPY5.72B JPY5.45B JPY
Interest income69.03M JPY68.66M JPY98.92M JPY14.6M JPY2.2M JPY
Interest expense8.47M JPY10.83M JPY8.3M JPY6.82M JPY15.85M JPY
Depreciation and amortization719.1M JPY695.23M JPY693.99M JPY712.03M JPY819.46M JPY
Operating income1.12B JPY762.77M JPY1B JPY1.96B JPY1.21B JPY
Net income659.72M JPY251.79M JPY813.95M JPY1.31B JPY935.09M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
67.68

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates75.238.842.48-33.88Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 5, 2024: actual -18.39, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 5, 2024: actual -26.35, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual 15.24, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 13, 2025: actual 61.67, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual -15.59, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 29.27, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 11, 2026: actual 0.18, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 11, 2026: actual 67.68, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates12.84B10.79B8.73B6.68BQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 5, 2024: actual 7.17B JPY, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 5, 2024: actual 9.4B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual 9.45B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 13, 2025: actual 10.91B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 7.76B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 31, 2025: actual 9.09B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 11, 2026: actual 7.64B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 11, 2026: actual 12.35B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥33.00

2025 complete year+120.0% since 2021

2026 partial: ¥20.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Oct 29, 2026

¥13.00

Semi-Annual

Record Oct 31, 2026 · Payment Oct 29, 2026

DividendUpcoming

Ex-dividend Apr 28, 2027

¥27.00

Semi-Annual

Record Apr 30, 2027 · Payment Apr 28, 2027

Dividend

Ex-dividend Apr 28, 2026

¥20.00

Semi-Annual

Record Apr 30, 2026 · Payment Jul 29, 2026

Dividend

Ex-dividend Oct 30, 2025

¥11.00

Semi-Annual

Record Oct 31, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Apr 28, 2025

¥22.00

Semi-Annual

Record Apr 30, 2025 · Payment Jul 30, 2025

Dividend

Ex-dividend Oct 30, 2024

¥11.00

Semi-Annual

Record Oct 31, 2024 · Payment Jan 15, 2025

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