ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Process Industries

Nifco, Inc.

Business Summary

Nifco, Inc. engages in the manufacture and sale of industrial plastic products and components. It operates through the following segments: Industrial Plastic Parts and Components, Bedding and Furniture, and Others. The Industrial Plastic Parts and Components segment includes industrial plastic fasteners and plastic precision molding parts. The Bedding and Furniture segment covers different beds and reclining chairs. The Others segment handles the purchase of trade accounts receivables and outsourcing services for various businesses. The company was founded by Toshiaki Ogasawara on February 13, 1967 and is headquartered in Yokosuka, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue283,777M2,525.32M
Gross Profit75,336M670.41M
Operating income30,541M271.78M
Income before tax33,294M296.28M
Net income22,959M204.31M
EBITDA43,688M388.77M
Diluted EPS227.262.02
Dividends Per Share620.55
Total Assets336,026M2,768.49M
Total liabilities135,147M1,113.46M
Total equity198,175M1,632.74M
Operating cash flow31,743M282.47M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 271,302M 288,902M 288,012M 256,078M 283,777M
Gross Profit 77,416M 77,026M 76,855M 68,864M 75,336M
Operating income 30,901M 28,835M 29,379M 26,590M 30,541M
Income before tax 30,888M 29,710M 26,912M 27,123M 33,294M
Net income 21,199M 20,753M 18,322M 18,402M 22,959M
EBITDA 45,923M 44,587M 46,064M 40,472M 43,688M
Diluted EPS 194.59 192.73 171.42 181.09 227.26
Dividends Per Share 62 62 62 53 62
Total Assets 281,543M 288,610M 308,050M 310,617M 336,026M
Total liabilities 124,178M 127,917M 139,260M 131,966M 135,147M
Total equity 154,608M 158,787M 166,658M 176,472M 198,175M
Operating cash flow 28,042M 37,371M 35,829M 39,922M 31,743M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,447.85M 2,605.19M 2,648.97M 2,414.52M 2,525.32M
Gross Profit 698.49M 694.58M 706.87M 649.30M 670.41M
Operating income 278.80M 260.02M 270.21M 250.71M 271.78M
Income before tax 278.69M 267.91M 247.52M 255.73M 296.28M
Net income 191.27M 187.14M 168.51M 173.50M 204.31M
EBITDA 414.34M 402.06M 423.67M 381.60M 388.77M
Diluted EPS 1.75 1.73 1.57 1.70 2.02
Dividends Per Share 0.55 0.55 0.57 0.49 0.55
Total Assets 2,647.32M 2,607.48M 2,853.50M 2,811.01M 2,768.49M
Total liabilities 1,167.63M 1,155.68M 1,289.98M 1,194.26M 1,113.46M
Total equity 1,453.76M 1,434.58M 1,543.77M 1,597.03M 1,632.74M
Operating cash flow 253.01M 336.99M 329.53M 376.41M 282.47M

Valuation Measures

Mar 2022
PER12.27
ROA7.10%
ROE12.25%
Operating margin10.76%
Profit margin8.09%

Key executives

  • Chairman & Chief Executive Officer: Toshiyuki Yamamoto
  • President, COO & Representative Director: Masaharu Shibao
  • CFO, Director & Chief Strategy Officer: Toshiki Yauchi
  • Chief Information Officer & GM-Administration: Kotaro Suzuki
  • CTO, Managing Executive Officer & GM-Technology: Masanobu Kawamoto

Shareholders

  • Ogasawara Toshiaki Memorial Foundation (9.6%)
  • Invesco Asset Management (Japan) Ltd. (8.0%)
  • Nifco, Inc. (6.2%)
  • Ogasawara Co. Ltd. (5.5%)
  • FIL Investments (Japan) Ltd. (4.9%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Nippon Life Insurance Co. (2.7%)
  • Dai-ichi Life Holdings, Inc. (1.9%)
  • The Vanguard Group, Inc. (1.8%)
  • Baillie Gifford & Co. (1.7%)

Contact Details

Related Companies

  • Nifco Employee Stock Ownership Plan
  • Nifco KTW America Corp.
  • NIFCO Germany GmbH
  • Nifco Employee Incentive Plan ESOP
  • Nifco Board Incentive Plan
  • Nifco Employee Incentive Plan
  • Li Fugao (Yancheng) Precision Resin Products Ltd.
  • Nifco Korea Poland Sp zoo
  • Nifco Poland Sp zoo
  • Nifco India Pvt Ltd.
  • Nifco Korea USA, Inc.
  • Dongguan Nifco Co. Ltd.
  • Nifco Enterprise Management (Shanghai) Co. Ltd.
  • Nifco (Singapore) Pte Ltd.
  • Beijing Nifco Co. Ltd.
  • PT Nifco Indonesia
  • Nifco South India Manufacturing Pvt Ltd.
  • Nifco (Jiangsu) Co. Ltd.
  • Nifco Vietnam Ltd.
  • Nifco (Hubei) Co. Ltd.
  • Nifco (Tianjin) Co. Ltd.
  • Nifco Central Mexico S de RL de CV
  • Nifsan Pty Ltd.
  • Shanghai Nifco Plastic Manufacturer Co. Ltd.
  • Nifco Manufacturing (Malaysia) Sdn. Bhd.
  • Nifco (HK) Ltd.
  • Nifco (Yancheng) Co. Ltd.
  • Nifco Deutschland GmbH
  • Nifco Taiwan Corp.
  • Nifco Kumamoto KK

Competitors

  • Raval ICS Ltd.
  • LISI SA
Last Updated on 10 Aug, 2022

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more