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Definitive Analysis

Financial Statements

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Industry

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Page: Company Financials

Nippon Crucible Co., Ltd.

Ticker: 5355.T | Industry: Conglomerates | Sector: Industrials
$641.00 +1.00 (0.16%)
As of: 2026-01-28

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Enterprise Value

Metric 2025 2024 2023 2022
Stock Price 604.00 605.00 550.00 559.00
Market Capitalization 4,005.52M 4,009.97M 3,666.37M 3,759.69M
(-) Cash & Equivalents 1,899.91M 1,795.91M 1,687.75M 1,847.89M
(+) Total Debt 2,154.03M 2,164.18M 2,180.39M 2,451.62M
Enterprise Value 4,259.64M 4,378.24M 4,159.02M 4,363.42M

Income Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Revenue 9,974M 9,654M 9,784M 9,611M 8,842M 8,675M 7,658M 9,243M
Cost of Revenue 7,280M 6,939M 6,996M 7,063M 6,427M 6,241M 5,781M 6,902M
Gross Profit 2,694M 2,714M 2,789M 2,547M 2,415M 2,434M 1,877M 2,341M
Gross Profit Margin 27.0% 28.1% 28.5% 26.5% 27.3% 28.1% 24.5% 25.3%
R&D Expenses 335M 391M 336M 307M 307M 196M 151M 128M
SG&A Expenses 2,250M 1,891M 1,961M 1,907M 1,946M 1,982M 1,667M 1,826M
Operating Expenses 2,250M 2,283M 2,297M 2,213M 2,252M 2,178M 1,818M 1,892M
Operating Income (EBIT) 444M 432M 492M 334M 162M 256M 59M 449M
Operating Income Margin 4.5% 4.5% 5.0% 3.5% 1.8% 2.9% 0.8% 4.9%
Interest Income 1M 0M 1M 0M 0M 0M 0M 0M
Interest Expense 29M 24M 26M 23M 29M 35M 37M 39M
Net Interest Income -28M -24M -25M -23M -29M -35M -37M -39M
Unusual Items 59M 104M 43M 84M 53M 140M 169M 27M
EBT Excluding Unusual Items 417M 408M 467M 311M 134M 221M 23M 410M
Pre-Tax Income 475M 512M 510M 396M 187M 361M 192M 437M
Pre-Tax Margin 4.8% 5.3% 5.2% 4.1% 2.1% 4.2% 2.5% 4.7%
Income Tax Expense 116M 178M 141M 110M 162M 149M 74M 131M
Net Income 359M 334M 369M 286M 25M 212M 117M 306M
Net Income Margin 3.6% 3.5% 3.8% 3.0% 0.3% 2.4% 1.5% 3.3%
Depreciation & Amortization 382M 329M 355M 331M 365M 407M 389M 389M
EBITDA 826M 760M 847M 665M 527M 662M 448M 838M
EBITDA Margin 8.3% 7.9% 8.7% 6.9% 6.0% 7.6% 5.9% 9.1%
NOPAT 335M 282M 356M 241M 21M 150M 36M 314M
NOPAT Margin 3.4% 2.9% 3.6% 2.5% 0.2% 1.7% 0.5% 3.4%
Owner's Earnings 742M 663M 99M 315M 251M 493M 345M 484M
Owner's Earnings Margin 7.4% 6.9% 1.0% 3.3% 2.8% 5.7% 4.5% 5.2%
EPS (Basic) 54.21 50.40 52.81 43.01 3.66 31.57 17.43 45.27
EPS (Diluted) 54.20 50.43 55.72 43.11 3.66 31.57 17.43 45.27
Shares (Basic) 7M 7M 7M 7M 7M 7M 7M 7M
Shares (Diluted) 7M 7M 7M 7M 7M 7M 7M 7M

Balance Sheet

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Cash & Cash Equivalents 1,914.44M 1,964.56M 1,820.73M 1,655.66M 1,837.47M 2,401.81M 2,258.55M 1,762.29M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 123.15M
Cash & Short-Term Investments 1,914.44M 1,964.56M 1,820.73M 1,655.66M 1,837.47M 2,401.81M 2,258.55M 1,885.44M
Net Receivables 2,299.97M 2,943.09M 3,064.64M 2,781.46M 3,213.44M 2,620.00M 2,864.93M 3,015.87M
Inventory 1,632.51M 1,792.58M 1,782.47M 1,528.47M 1,485.89M 1,375.33M 1,200.40M 1,585.91M
Other Current Assets 582.81M 67.26M 62.05M 94.56M 70.36M 178.32M 66.72M 57.46M
Total Current Assets 6,429.74M 6,767.49M 6,729.89M 6,060.15M 6,607.16M 6,575.45M 6,390.60M 6,544.68M
Property, Plant & Equipment 2,497.55M 2,442.27M 2,438.05M 2,143.98M 2,132.31M 2,343.53M 2,467.59M 2,583.66M
Goodwill 193.26M 202.39M 211.52M 174.50M 217.65M 260.79M 239.94M 261.75M
Intangible Assets 19.94M 21.16M 23.40M 20.62M 33.60M 54.89M 74.84M 100.00M
Long-Term Investments 1,919.32M 1,494.51M 1,457.83M 1,308.81M 1,480.60M 1,483.66M 1,150.83M 894.79M
Tax Assets 83.69M 223.20M 259.22M 246.17M 255.41M 294.82M 336.59M 430.77M
Other Non-Current Assets 191.81M 200.82M 125.20M 127.72M 58.02M 64.06M 43.70M 159.97M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 4,905.58M 4,584.36M 4,515.22M 4,021.81M 4,177.59M 4,501.76M 4,313.49M 4,430.94M
Total Assets 11,335.31M 11,351.85M 11,245.11M 10,081.96M 10,784.74M 11,077.21M 10,704.09M 10,975.62M
Accounts Payable 643.03M 1,463.80M 1,687.68M 590.19M 800.47M 1,343.00M 1,293.00M 694.33M
Short-Term Debt 1,443.20M 1,568.30M 1,335.20M 1,347.00M 1,344.60M 1,311.15M 1,444.49M 1,661.41M
Tax Payables 90.33M 0.00M 0.00M 71.71M 72.12M 79.01M 43.62M 45.61M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 284.04M 276.73M 220.16M 45.61M
Other Current Liabilities 1,326.19M 692.14M 408.49M 1,361.92M 769.85M 113.29M 199.86M 1,200.30M
Total Current Liabilities 3,502.75M 3,724.24M 3,431.37M 3,370.82M 3,271.07M 3,123.18M 3,201.13M 3,647.26M
Long-Term Debt 673.50M 634.80M 546.10M 499.90M 714.30M 1,123.90M 1,022.67M 1,079.16M
Capital Lease Obligations 83.62M 86.00M 90.43M 133.93M 184.73M 245.37M 317.10M 261.61M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 221.75M 175.59M 167.65M 115.12M 47.95M
Other Non-Current Liabilities 1,135.23M 1,147.82M 1,171.58M 1,138.91M 1,203.04M 1,200.15M 1,073.70M 1,024.37M
Total Non-Current Liabilities 1,892.35M 1,868.62M 1,808.11M 1,994.49M 2,277.66M 2,737.06M 2,528.59M 2,413.10M
Total Liabilities 5,395.11M 5,592.86M 5,239.48M 5,365.31M 5,548.73M 5,860.25M 5,729.72M 6,060.35M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 704.52M 704.52M 704.52M 704.52M 704.52M 704.52M 704.52M 704.52M
Retained Earnings 4,449.58M 4,358.18M 4,490.64M 4,202.09M 4,096.67M 4,140.35M 3,964.89M 3,928.76M
Accumulated OCI 849.75M 572.75M 490.37M 461.00M 423.00M 366.00M 267.00M 96.69M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 6,003.84M 5,635.45M 5,685.53M 5,367.61M 5,224.19M 5,210.87M 4,936.41M 4,729.96M
Total Equity 6,003.84M 5,635.45M 5,685.53M 5,367.61M 5,224.19M 5,210.87M 4,936.41M 4,729.96M
Total Liabilities & Equity 11,398.95M 11,228.31M 10,925.01M 10,732.92M 10,772.92M 11,071.12M 10,666.13M 10,790.32M
Tangible Assets 11,122.11M 11,128.30M 11,010.19M 9,886.84M 10,533.50M 10,761.53M 10,389.31M 10,613.87M
Tangible Equity 5,790.64M 5,411.90M 5,450.61M 5,172.49M 4,972.94M 4,895.19M 4,621.63M 4,368.21M
Tangible Book Value 5,790.64M 5,411.90M 5,450.61M 5,172.49M 4,972.94M 4,895.19M 4,621.63M 4,368.21M
Total Investments 2,017.21M 1,494.51M 1,457.83M 1,308.81M 1,480.60M 1,483.66M 1,150.83M 1,017.94M
Net Debt 202.26M 238.54M 60.57M 191.24M 221.43M 33.25M 208.61M 978.28M

Capital Metrics

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Working Capital 2,876.7M 2,804.0M 2,849.6M 2,992.1M 3,073.4M 3,193.1M 2,940.6M 2,655.9M
Total Capital 8,140.5M 7,861.8M 7,581.4M 7,274.4M 7,443.3M 7,866.5M 7,696.7M 7,784.4M
Capital Employed 7,782.3M 7,388.4M 7,364.8M 7,013.9M 7,250.9M 7,694.9M 7,254.1M 7,086.1M
Invested Capital 6,226.1M 5,897.3M 5,760.7M 5,618.7M 5,605.8M 5,464.7M 5,438.1M 6,022.1M

Cash Flow Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Net Income 329.00M 347.00M 369.28M 395.60M 24.59M 212.00M 117.00M 306.79M
Depreciation & Amortization 0.00M 0.00M 355.27M 330.80M 364.87M 406.86M 389.01M 389.98M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 0.00M 0.00M 346.94M -108.34M -403.57M 191.94M 526.94M 231.57M
Accounts Receivable 0.00M 0.00M 335.25M -162.00M -484.25M 352.28M 140.53M 549.06M
Inventory 0.00M 0.00M -254.00M -42.58M -110.57M -67.56M 385.52M -61.36M
Accounts Payable 0.00M 0.00M 158.28M 19.48M 166.14M -28.66M -218.80M -241.06M
Other Working Capital 0.00M 0.00M 107.41M 76.77M 25.11M -64.11M 219.69M -15.07M
Other Non-Cash Items -329.00M -347.00M -25.70M -170.44M 62.90M -1.38M -67.21M -65.18M
Net Cash from Operating Activities 0.00M 0.00M 1,045.79M 447.63M 48.80M 809.42M 965.74M 863.15M
Capital Expenditures (PPE) 0.00M 0.00M -635.31M -297.00M -134.00M -126.57M -160.92M -211.23M
Acquisitions (Net) 0.00M 0.00M -78.84M -31.00M 0.00M -411.14M 1.02M 8.56M
Purchases of Investments 0.00M 0.00M -142.33M -8.66M -8.19M -3.88M -4.50M -21.97M
Sales / Maturities of Investments 0.00M 0.00M 7.42M 37.28M 161.11M 347.34M 10.52M 0.00M
Other Investing Activities 0.00M 0.00M 66.93M 75.23M -1.45M 1.58M 34.99M 0.15M
Net Cash from Investing Activities 0.00M 0.00M -782.13M -224.14M 17.48M -192.67M -118.89M -224.49M
Net Debt Issuance 0.00M 0.00M -18.33M -211.10M -436.79M -561.99M -377.79M -157.00M
Long-Term Debt Issuance 0.00M 0.00M 39.67M -312.10M -505.79M -130.66M -233.41M -157.00M
Short-Term Debt Issuance 0.00M 0.00M -58.00M 101.00M 69.00M -431.33M -144.38M -18.00M
Net Stock Issuance 0.00M 0.00M 0.00M -51.96M 0.00M -0.01M -14.84M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 1.64M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M -53.60M 0.00M -0.01M -14.84M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M -80.05M -61.26M -68.11M -40.97M -81.10M -94.62M
Common Dividends Paid 0.00M 0.00M -80.05M -61.26M -68.11M -40.97M -81.10M -94.62M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M 0.00M 0.00M -50.80M 0.00M 0.00M 0.00M -95.80M
Net Cash from Financing Activities 0.00M 0.00M -98.39M -375.11M -504.90M -602.97M -473.73M -347.41M
Effect of FX on Cash 0.00M 0.00M 0.02M -0.03M -0.72M -0.38M -0.02M 0.00M
Net Change in Cash 0.00M 0.00M 165.07M -151.66M -439.34M 13.41M 373.11M 290.75M
Cash at Beginning of Period 0.00M 0.00M 1,557.81M 1,709.46M 2,148.81M 2,135.40M 1,762.29M 1,471.55M
Cash at End of Period 0.00M 0.00M 1,722.88M 1,557.81M 1,709.46M 2,148.81M 2,135.40M 1,762.29M
Operating Cash Flow 0.00M 0.00M 1,045.79M 447.63M 48.80M 809.42M 965.74M 863.15M
Capital Expenditure 0.00M 0.00M -625.44M -301.09M -138.32M -126.57M -160.92M -211.23M
Free Cash Flow 0.00M 0.00M 486.83M 146.54M -89.52M 682.85M 804.83M 651.92M

Free Cash Flow

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
EBITDA 438.91M 705.56M 847.33M 664.41M 526.60M 662.43M 448.29M 776.00M
(-) Tax Adjustment 105.86M 238.80M 233.68M 184.62M 184.31M 231.85M 156.90M 232.62M
(-) Change In Working Capital 0.00M 0.00M 346.94M -108.34M -403.57M 191.94M 526.94M 231.57M
(-) Capital Expenditure 0.00M 0.00M -625.44M -301.09M -138.32M -126.57M -160.92M -211.23M
Unlevered Free Cash Flow 333.05M 466.76M -358.73M 287.03M 607.54M 112.07M -396.47M 100.58M
(-) Net Interest Income After Taxes -19.73M -15.19M -18.37M -16.48M -18.64M -22.56M -23.95M -27.11M
Net Debt Issuance 0.00M 0.00M -18.33M -211.10M -436.79M -561.99M -377.79M -157.00M
Levered Free Cash Flow 352.79M 481.95M -358.69M 92.41M 189.39M -427.36M -750.30M -29.32M