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Nichicon Corporation
6996.JP
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Nichicon Corporation Reports Decline in Six-Month Financial Results

Nichicon Corporation reported a 4.5% decline in net sales and a 60.1% drop in profit for the six months ending September 30, 2025. Despite these results, the company has a stable equity-to-asset ratio and has slightly increased its annual dividend forecast. Analysts rate the stock as a Buy with a target price of Yen1507.00. Nichicon, listed on the Tokyo Stock Exchange, specializes in manufacturing capacitors and electronic components for various sectors.

Tip Ranks·
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Tip Ranks·
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Nichicon Corporation (6996) Gets a Buy from J.P. Morgan

According to TipRanks, Kanemoto is an analyst with an average return of -11.4% and a 24.00% success rate. Kanemoto covers the Technology sector, focusing on stocks such as IBIDEN CO, Rohm Co, and HIROSE ELECTRIC CO. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nichicon Corporation with a Yen1,579.00 average price target.

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Nichicon (TSE:6996) Has Announced A Dividend Of ¥18.00

Nichicon Corporation (TSE:6996) has announced a dividend of ¥18.00 per share, payable on December 8, yielding 2.6%. The dividend is well-supported by earnings, with a forecasted 16.9% rise in earnings per share next year, potentially leading to a sustainable payout ratio of 41%. The company has a strong dividend history, increasing its annual payout from ¥18.00 to ¥36.00 since 2015, reflecting a 7.2% growth rate. Overall, Nichicon is viewed as a solid income stock with a consistent dividend policy and growing earnings.

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Nichicon Corporation Reports Q1 Financial Results and Outlook

Nichicon Corporation reported a decrease in net sales and profit for Q1 ending June 30, 2025, despite a rise in operating profit. The company's overall performance was affected by a decline in ordinary profit and profit attributable to owners. The forecast for the fiscal year ending March 31, 2026, indicates a modest increase in net sales and operating profit. The latest analyst rating for Nichicon Corporation (JP:6996) is a Hold with a price target of Yen920.00.

Tip Ranks·
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Tip Ranks·
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We Think That There Are More Issues For Nichicon (TSE:6996) Than Just Sluggish Earnings

Nichicon Corporation (TSE:6996) faces concerns beyond its sluggish earnings, as recent profits were boosted by JP¥954m in unusual items, raising questions about sustainability. Analysts suggest that statutory profits may not reflect underlying earnings power, especially with a decrease in earnings per share over the past year. Investors are encouraged to consider various factors, including margins and forecast growth, while also exploring analyst estimates for future profitability. The subdued market reaction indicates no surprises in earnings, but underlying risks warrant attention.

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Simplywall·
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