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Nireco Corporation develops, manufactures, and sells control, measurement, and inspection equipment for a wide range of industries, including steel, chemicals, food, and printing. The company operates through four main business segments: control equipment for the steel and non-ferrous metals sector, control equipment for the film, printing, and paper sector, inspection machines, and optics. Key products include process control devices, eddy current molten steel level gauges, edge position control devices, tension control devices, registration control devices, and printing quality inspection systems. In the inspection segment, the company offers plain inspection devices, electrode sheet inspection systems, food inspection machines, near-infrared analysis systems, and radiation measurement instruments. The optics segment provides laser-related products, optical components, optical thin films, synthetic optical crystals, and radiation measurement scintillators. Nireco serves customers in the steel, chemical, food, printing, electronics, and semiconductor industries, with applications ranging from automotive and shipbuilding to next-generation batteries and medical devices. The company was founded in 1950. Its group includes subsidiaries such as Nireco Automatic Control Machinery (Shanghai) Co., Ltd., Nireco Korea Corporation, and Jinli Ke Co., Ltd., as well as acquired entities like Optical Technology Co., Ltd., Keihin Optical Film Co., Ltd., Applied Optical Research Industry Co., Ltd., and Seibu Electric Co., Ltd. Summarised from the annual report, fiscal year ended Mar 2026 |
Industry Industrial Distribution | Homepage nireco.jp |
| Sector Industrials | IR page nireco.jp/ir | |
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Tags
process control, quality inspection, optical components, laser systems, steel industry, food inspection, printing technology, semiconductor inspection, image processing, radiation measurement, Nireco Automatic Control Machinery (Shanghai) Co. Ltd., Nireco Korea Corporation, Jinli Ke Co. Ltd., Optical Technology Co. Ltd., Keihin Optical Film Co. Ltd., Applied Optical Research Industry Co. Ltd., Seibu Electric Co. Ltd., BCON6000
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Metrics
| Valuation | |
|---|---|
| Market cap | ¥ 8.394B |
| P/E | 5.80 |
| P/BV | 0.49 |
| P/S | 0.76 |
| P/OCF | 4.51 |
| P/FCF | 3.18 |
| Dividend yield | 7.8% |
| Turnover / mcap | — |
| Returns | |
|---|---|
| ROE | 8.5% |
| ROI | 8.3% |
| ROIC | 7.2% |
| Profit margin | 13.1% |
| Growth | |
|---|---|
| Revenue growing | Yes |
| Profits growing | No |
| Revenue up 3y | Yes |
| Revenue up 5y | Yes |
| Quality | |
|---|---|
| Profitable | Yes |
| Margin expanding | No |
| Buying back stock | Yes |
| Diluting (TTM) | No |
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| News sentiment (TTM) | 0 |
| Quality score | 61.1% |
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| Figure | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.023B | 10.757B | 9.861B | 9.155B | 8.118B | 7.9B | 8.775B | 8.442B | 7.912B | 7.402B | 7.472B | 6.14B | 6.921B | 7.192B |
| Free cash flow | 2.638B | 978.107M | 442.744M | 44.016M | 489.633M | 857.931M | 92.432M | -1.36B | 750.553M | 760.763M | 580.358M | -805.43M | 1.204B | 524.268M |
| Figure | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share price | 1.977K | 1.708K | 2.103K | 1.018K | 883.12 | 953.93 | 645.15 | 893.07 | 1.134K | 676.15 | 558.07 | 689 | 731.09 | 599.86 |
| Price performance 12m | 0.16 | -0.19 | 1.07 | 0.15 | -0.07 | 0.48 | -0.28 | -0.21 | 0.68 | 0.21 | -0.19 | -0.06 | 0.22 | — |
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