Nisshin OilliO Group Ltd

Nisshin OilliO Group Ltd maintains a debt-to-equity ratio of 0.54, indicating a moderate reliance on debt financing, and a current ratio of 2.09, suggesting adequate short-term liquidity to cover its obligations. However, the company's free cash flow is negative at -225 million JPY, and capital expenditures are significant at -4.45 billion JPY, signaling ongoing investment in operations.

The company's profitability metrics show a return on equity (ROE) of 2.75% and a return on assets (ROA) of 1.27%, both of which are below the industry median for food processing firms. This suggests that the company is underperforming in terms of capital efficiency and asset utilization.

Nisshin OilliO Group Ltd's revenue is concentrated in Japan, with no disclosed international segments, and the company does not report revenue by product lines in the available data. This lack of diversification may expose the company to regional economic fluctuations and regulatory changes.

Looking ahead, the company's revenue is expected to remain stable, with no significant growth or contraction projected in the current or next fiscal year. The company's operating income and net income have also shown minimal changes in recent periods, indicating a stable but not growing business.

The company's liquidity risk is rated as medium, and its dilution risk is low. The company has a negative net cash position after subtracting total debt, which could limit its ability to fund operations without external financing. No dilution sources are identified in the available data, and there is no near-term pressure for equity issuance.

Recent filings and transcripts do not indicate any major corporate events or strategic shifts. The company's financial performance remains consistent with historical trends, and there are no material changes in its business model or risk profile.

Net income surged 86.7% year-over-year to JPY 23.99 billion in FY2026, demonstrating strong bottom-line growth momentum.

Revenue grew 4.4% year-over-year to JPY 554.25 billion in FY2026, indicating consistent top-line expansion.

Net margin of 3.99% exceeds the Food Processing cohort median of 3.95%, showing superior profitability relative to peers.

Analysts project 20.6% upside to a target price of JPY 2,166.66, signaling positive market sentiment.

Four-year net income CAGR of 29.2% highlights robust long-term earnings growth trajectory for the company.

The company faces high credit risk, posing significant potential financial stability threats to investors.

Long-term debt increased to JPY 127.52 billion in FY2026, reflecting a rising leverage burden on the balance sheet.

Revenue ¥137.29B, +8,4% YoY; Operating income −22,3% YoY.

• ▍Revenue ¥137.29B, +8,4% YoY
• ▍Operating income −22,3% YoY
• ▍Net income +107,7% YoY
• ▍Free cash flow −1 073,7% YoY
• ▍Net margin 1.0%

Revenue ¥147.04B, +2,8% YoY; Operating income −0,0% YoY.

• ▍Revenue ¥147.04B, +2,8% YoY
• ▍Operating income −0,0% YoY
• ▍Net income −12,4% YoY
• ▍Free cash flow −21,2% YoY
• ▍Net margin 2.8%

Revenue ¥137.85B, +3,9% YoY; Operating income −31,2% YoY.

• ▍Revenue ¥137.85B, +3,9% YoY
• ▍Operating income −31,2% YoY
• ▍Net income −21,9% YoY
• ▍Free cash flow +100,7% YoY
• ▍Net margin 1.4%

Revenue ¥132.07B, +2,8% YoY; Operating income −64,2% YoY.

• ▍Revenue ¥132.07B, +2,8% YoY
• ▍Operating income −64,2% YoY
• ▍Net income +224,6% YoY
• ▍Free cash flow −304,9% YoY
• ▍Net margin 12.6%

Revenue ¥126.63B; Operating income ¥1.55B.

• ▍Revenue ¥126.63B
• ▍Operating income ¥1.55B
• ▍Net margin 0.5%

Revenue ¥143.08B; Operating income ¥6.46B.

• ▍Revenue ¥143.08B
• ▍Operating income ¥6.46B
• ▍Net margin 3.3%

Revenue ¥132.68B; Operating income ¥4.57B.

• ▍Revenue ¥132.68B
• ▍Operating income ¥4.57B
• ▍Net margin 1.8%

Revenue ¥128.49B; Operating income ¥5.65B.

• ▍Revenue ¥128.49B
• ▍Operating income ¥5.65B
• ▍Net margin 4.0%

Revenue ¥554.25B, +4,4% YoY; Operating income −29,6% YoY.

• ▍Revenue ¥554.25B, +4,4% YoY
• ▍Operating income −29,6% YoY
• ▍Net income +86,7% YoY
• ▍Free cash flow −59,7% YoY
• ▍Net margin 4.3%

Revenue ¥530.88B, +3,4% YoY; Operating income −13,1% YoY.

• ▍Revenue ¥530.88B, +3,4% YoY
• ▍Operating income −13,1% YoY
• ▍Net income −15,2% YoY
• ▍Free cash flow −53,9% YoY
• ▍Net margin 2.4%

Revenue ¥513.54B, −7,7% YoY; Operating income +52,2% YoY.

• ▍Revenue ¥513.54B, −7,7% YoY
• ▍Operating income +52,2% YoY
• ▍Net income +35,8% YoY
• ▍Free cash flow −45,2% YoY
• ▍Net margin 3.0%

Revenue ¥556.57B, +28,6% YoY; Operating income +34,5% YoY.

• ▍Revenue ¥556.57B, +28,6% YoY
• ▍Operating income +34,5% YoY
• ▍Net income +29,8% YoY
• ▍Free cash flow +123,1% YoY
• ▍Net margin 2.0%