Noda Corp
NODA's capital structure shows a debt-to-equity ratio of 0.35, indicating a relatively conservative leverage position compared to the industry median of 0.55. The company maintains a strong liquidity position with cash and equivalents of ¥19.23 billion, which is 26.4% of total assets [doc:HA-latest]. However, the free cash flow of -¥4.35 billion and capital expenditure of -¥5.04 billion suggest significant reinvestment in operations, which may pressure liquidity in the near term [doc:HA-latest]. Profitability metrics are underperforming relative to industry benchmarks. The company reported a negative return on equity of -2.43% and a return on assets of -1.14%, both well below the industry median of 5.2% and 3.8%, respectively. The operating margin of -0.89% and net margin of -0.13% further highlight the company's current unprofitability [doc:HA-latest]. NODA's revenue is split between two segments: Housing Materials and Plywood. The Housing Materials segment is the primary revenue driver, though the company does not disclose the exact proportion of revenue by segment. The company's geographic exposure is primarily domestic, with no material international revenue disclosed in the latest financials [doc:HA-latest]. The company's growth trajectory is mixed. While revenue in the latest period was ¥64.69 billion, the outlook for the current fiscal year indicates a slight decline, with a projected revenue delta of -1.2%. The next fiscal year is expected to show a modest recovery, with a projected revenue delta of +2.3% [doc:HA-latest]. Risk factors include the company's current unprofitability and negative operating income of ¥578.5 million. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. However, the negative free cash flow and capital expenditure suggest potential liquidity pressures in the near term [doc:HA-latest]. Recent events include the latest financial filing, which shows a decline in profitability and a negative EPS of -52.97 JPY. No significant earnings call transcripts or regulatory filings were disclosed in the latest data [doc:].
Business. NODA CORPORATION is primarily engaged in manufacturing and selling housing materials and plywood, operating in two segments: Housing Materials and Plywood [doc:HA-latest].
Classification. NODA is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Construction Supplies & Fixtures industry, with a confidence level of 0.92 [doc:verified market data].
- NODA maintains a conservative debt-to-equity ratio of 0.35, below the industry median of 0.55.
- The company is currently unprofitable, with a negative return on equity of -2.43% and a net margin of -0.13%.
- NODA's liquidity position is strong, with cash and equivalents of ¥19.23 billion, but free cash flow is negative at -¥4.35 billion.
- Revenue is expected to decline in the current fiscal year by 1.2%, followed by a modest recovery of 2.3% in the next fiscal year.
- The company's risk profile is low in terms of liquidity and dilution, but its unprofitability and negative operating income remain key concerns.
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- No immediate filing-based liquidity or dilution flags were detected.