NIKKO CO LTD chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1,034.19
Dividend & Yield30.00¥ (4.70%)
Beta 0.43
Market capitalization 24.35B
Operating cash flow N/A
ESG Scores unknown

Company description

Nikko Co., Ltd. engages in the manufacture and sale of asphalt mixing and concrete batching plants in Asia. It offers asphalt mixing plants, including main units, aggregate supply units, combustion units, dust collectors, asphalt supply systems, and control systems; hot mix silo, filler silo, and dust mixers; and recycling, exhaust gas treatment, deodorization, and crushing systems. The company also provides concrete batching plants comprising air seal, automatic cleaning, and waste-water treatment systems, as well as control panels and water-pressure devices; and mixers. In addition, it offers belt conveyor systems; beverage container recycling, plastic recycling, and soil remediation plants; environmental equipment; and system control panels and software, as well as maintenance services and remote control systems. The company was formerly known as Nihon Kogu Product Co., Ltd. and changed its name to Nikko Co., Ltd. in February 1968. Nikko Co., Ltd. was incorporated in 1919 and is headquartered in Akashi, Japan.

Sector: Industrials - Industry: Farm & Heavy Construction Machinery

Financial Ratios
Quick Ratio1.55
Working Capital0.09
Return On Equity0.05
Debt To Equity0.05
Fixed Asset Ratio0.02
Fixed Interest Cover41.06

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -1.01B 1.32B -627M -28M
Total Cashflows From Investing Activities -1.02B -609M -1.87B -2.17B
Net Borrowings -29M 109M 620M 928M
Total Cash From Financing Activities -526M -868M -1.13B -282M
Change To Operating Activities 109M 521M 1.53B 151M
Issuance Of Stock
Net Income 1.34B 1.59B 2.08B 1.65B
Change In Cash -1.81B 2.27B -131M -54M
Effect Of Exchange Rate -43M -55M 80M 168M
Total Cash From Operating Activities -218M 3.81B 2.78B 2.22B
Depreciation 508M 611M 677M 759M
Change To Account Receivables 95M 686M -300M 1.65B
Other Cashflows From Financing Activities -1M 25M -2M 50M
Change To Netincome -864M -1.08B -1.18B -1.33B
Capital Expenditures -1.85B -1.39B -2.41B -1.7B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 211M 379M 392M 449M
Income Before Tax 1.93B 2.44B 3.04B 2.6B
Net Income 1.34B 1.59B 2.08B 1.65B
Selling General Administrative 6.43B 6.95B 7.28B 7.73B
Gross Profit 8.29B 9.64B 10.19B 10.5B
Ebit 1.43B 2.05B 2.3B 2.05B
Operating Income 1.43B 2.05B 2.3B 2.05B
Interest Expense -40M -46M -37M -50M
Income Tax Expense 587M 852M 963M 985M
Total Revenue 31.78B 35.15B 37.87B 38.85B
Cost Of Revenue 23.48B 25.51B 27.68B 28.35B
Total Other Income ExpenseNet 505M 386M 743M 547M
Net Income From Continuing Ops 1.34B 1.59B 2.08B 1.61B
Net Income Applicable To Common Shares 1.34B 1.59B 2.08B 1.65B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 13.56B 15.38B 17.25B 20.03B
Total Stockholder Equity 30.41B 30.27B 31.43B 32B
Other Current Liabilities 5.58B 6.91B 8.02B 8.99B
Total Assets 43.97B 45.68B 48.7B 52.08B
Common Stock 9.2B 9.2B 9.2B 9.2B
Other Current Assets 456M 562M 688M 1B
Retained Earnings 12.05B 12.63B 13.37B 13.76B
Treasury Stock 1.36B 520M 938M 1.13B
Cash 10.35B 12.62B 12.49B 12.44B
Total Current Liabilities 10.78B 12.54B 14.42B 15.77B
Other Stockholder Equity 1.94B 940M 1.74B 1.91B
Property, Plant, and Equipment 6.51B 7.36B 9.18B 10.67B
Total Current Assets 29.39B 31.43B 32.38B 34.13B
Net Tangible Assets 30B 29.84B 30.77B 30.97B
Net Receivables 12.56B 11.6B 12B 11.03B
Accounts Payable 3.21B 3.61B 3.61B 4B


Insider Transactions

Here are the insider transactions of stock shares related to NIKKO CO LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NIKKO CO LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NIKKO CO LTD

Here is the result of two systematic investment strategies applied to NIKKO CO LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NIKKO CO LTD

The following chart shows the equity curve of the two systematic investment strategies applied to NIKKO CO LTD:

NIKKO CO LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -67.56% on the backtest period.

Performance at glance

Performance

-67.56 %

Latent gain

-7902.0 ¥

Invested capital

11697.0 ¥

Annualized return

-16.09 %
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Momentum strategy results on NIKKO CO LTD

This is the result of two momentum investment strategies applied to NIKKO CO LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NIKKO CO LTD

The following chart shows all the entries opened by the momentum investment system on NIKKO CO LTD:

NIKKO CO LTD momentum entries
  • The first momentum investment strategy would give -63.47% of return on NIKKO CO LTD. That represents -5275.0¥ of latent gain with 8311.0¥ of employed capital.
  • The second momentum investment strategy would give -65.3% of return on NIKKO CO LTD. That represents -5713.0¥ of latent gain with 8749.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-63.47 %

Latent gain

-5275.0 ¥

Invested capital

8311.0 ¥

Annualized return

-30.41 %
Performance at glance (2Q Momentum)

Performance

-65.3 %

Latent gain

-5713.0 ¥

Invested capital

8749.0 ¥

Annualized return

-17.55 %

Momentum equity curve on NIKKO CO LTD

The following chart shows the equity curve of the two momentum strategies applied to NIKKO CO LTD:

NIKKO CO LTD momentum equity

Note: the dividends potentially given by NIKKO CO LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NIKKO CO LTD

The following chart shows the employed capital evolution of the two momentum strategies on NIKKO CO LTD since the beginning:

NIKKO CO LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on NIKKO CO LTD

Buy the dip entry openings on NIKKO CO LTD

NIKKO CO LTD

The performance achieved by the robo-advisor on NIKKO CO LTD is -66.9%. That represents -1534.0$ of latent gain with 2293.0¥ of employed capital. The following chart shows NIKKO CO LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NIKKO CO LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-66.9 %

Latent gain

-1534.0 ¥

Invested capital

2293.0 ¥

Annualized return

-30.41 %

Equity curve of the strategy applied to NIKKO CO LTD

The following chart shows the result of the investment strategy applied to NIKKO CO LTD:

NIKKO CO LTD

Note: the dividends potentially given by NIKKO CO LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NIKKO CO LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on NIKKO CO LTD:

NIKKO CO LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NIKKO CO LTD

In this section, I will compare the three previous investment strategies applied to NIKKO CO LTD.

Equity curve comparison on NIKKO CO LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NIKKO CO LTD investment strategy comparison

Employed capital comparison on NIKKO CO LTD

NIKKO CO LTD investment comparison

Performance comparison on NIKKO CO LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -67.56% -7902.0¥ 11697.0¥ -16.09%
Momentum 1 quarter -63.47% -5275.0¥ 8311.0¥ -16.03%
Momentum 2 quarters -65.3% -5713.0¥ 8749.0¥ -17.55%
Non-directional -66.9% -1534.0¥ 2293.0¥ -30.41%
Annualized return comparison

Automatic investment

-16.09 %

Momentum 1Q

-17.55 %

Momentum 2Q

-17.55 %

Non-directional

-30.41 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NIKKO CO LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NIKKO CO LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of NIKKO CO LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NIKKO CO LTD
Country Japan
City Akashi
Address 1013-1, Eigashima
Phone 81 78 947 3131
Website www.nikko-net.co.jp
FullTime employees 1038
Industry Farm & Heavy Construction Machinery
Sector Industrials
Exchange XTKS
Ticker 6306.XTKS
Market www.jpx.co.jp

NIKKO CO LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown