6209 NPR-Riken
- 2299
- -31-1.33%
NPR-Riken News
Oriental Shirakishi, Takada Industries, etc.
<1786> Oriental Shirakawa Co., Ltd. Itochu Corporation Shareholding Ratio 13.86% → 14.90% Reporting Obligation Generation Date 2024/08/13 <1966> TAKATA Corporation Mitsuyoshi Kodenashi Co., Ltd. Shareholding Ratio 13.16% → 14.18% Reporting Obligation Generation Date 2024/08/13 <2330> Forcidevo Corporation Fund (Evo Fund) Shareholding Ratio 11.90% → 11.06%
In the first quarter of RiKen NPR, revenue was ¥41.1 billion due to a weak yen and M&A, and the annual financial estimates remain unchanged but there is a progress rate of 30.9% for operating profits.
On the 9th, Riken NPR<6209> released its consolidated financial statements for the first quarter of the 2025 fiscal year (April-June 2024). Revenue was 41.114 billion yen, operating profit was 2.651 billion yen, ordinary profit was 3.93 billion yen, and net profit for the quarter attributable to the parent company's shareholders was 2.454 billion yen. As the company was established by the integration of Riken Corporation and Japan Piston Ring Co., Ltd. on October 2, 2023, the figures and year-on-year growth rates for the same quarter of the previous year are not provided. However, both companies for the previous year.
Nomura holds 5.16% of shares in NPR-Riken(6209.JP)
On Aug 20, Nomura and related parties submitted the Large Shareholding Report to Ministry of Finance to disclose its 5.16% ownership of the shares in $NPR-Riken(6209.JP)$. Source: Edinet
Company Research Report: NPR-RIKEN CORPORATION (6209)
Japan Post's operating profit in the first quarter increased by 22.2% to 211.4 billion yen.
Japan Post Holdings Co., Ltd. (6178) announced its first quarter results for the fiscal year ending March 2025. Operating revenue decreased by 3.9% YoY to 2.735888 trillion yen, while operating profit increased by 22.2% YoY to 211.449 billion yen. The increase in investment income at Yucho Bank (7182), a subsidiary, and the improvement in capital gains and losses at Japan Post Insurance Co., Ltd. (7181) were contributing factors. Operating revenue for the fiscal year ending March 2025 is expected to decrease by 5.9% YoY to 11.280 trillion yen, while operating profit is expected to increase by 13.7% YoY to 760 billion yen.
NPR-Riken: March 2025 quarter 1 financial results announcement [Japan standard] (consolidated)
Bridgestone Corporation unsponsored ADR, Japan Post Holdings Co., Ltd., Kampo Life Insurance Co., Ltd., Yucho Bank (9th) (5101-7183)
* Please note that the above calendar is subject to change due to company circumstances. --------------------------------------- August 9th (Friday) <5101> Hamagomu <5105> Toyo Tire <5108> Bridgestone Corporation unsponsored ADR <5121> Fuji Component <5139> Openwork <5184> Nichirin <5194> Sagami Rubber <5195> Bando
NPR-RIKEN Advances Corporate Governance and Diversity
List of cloud breakout stocks (Part 3) [Ichimoku Kinko Hyo and Cloud Breakout stocks]
Below is a list of breakout stocks: Market Code Stock Name Last Price Leading Span A Leading Span B Tokyo Stock Exchange Prime <5959> Okabe 765 773.75 791.5 <5976> Neturen 1045 1090.75 1079 <5991> Nipatsu 1577 1625.75 1681 <6070>
List of conversion stocks (Part 3) [List of parabolic signal conversion stocks]
List of sell conversion stocks in the market Code Company Name Closing Price SAR Tokyo Prime <4694> BML 3010 3065<4722> Future 1566 1612<4725> CAC Holdings 1866 1967<4768> Otsuka Corporation 3325 3351<4813> ACCESS
Riken NPR Research Memo (11): Aim to raise the level of return by targeting an average total return rate of 70% or more during the first mid-term plan period.
Global strategy #4. Ricoh NPR <6209> positions shareholder return as an important management issue, considering the balance between investment for growth and corporate value improvement and financial soundness and continues to implement stable dividends, and adopts a basic policy of conducting flexible share buybacks and shareholder returns that are conscious of capital efficiency and total return, based on the basic policy. Based on this basic policy, in the first medium-term management plan, the dividend payout ratio is over 40% (currently about 30%) and self-share purchases are carried out.
Riken NPR Research Memo (9): Aiming to achieve ROE that exceeds the cost of shareholder capital.
Global strategy 2. The first medium-term management plan (fiscal years 2024-2026) Ricoh NPR <6209> formulated the first medium-term management plan (fiscal years 2024-2026) in February 2024. The medium-term management policy is to 1. create synergies through management integration, 2. reform the business portfolio, and 3. strengthen sustainability management and develop growth foundations. In addition, the numerical targets are sales of 180 billion yen and a consolidated operating income ratio of 9% or more for the final year term ending March 2027.
Riken NPR Research Memo (8): Although there are changes in the market environment, there is also a scenario for engine survival.
■ Ryken NPR <6209> Growth Global Strategy 1. Market environment The global automotive market is expected to expand its demand mainly in emerging countries, but regulations on the environment and acceleration of EV (electric vehicle) conversion is expected to reduce ICE (internal combustion engine) in the medium to long term, due to global warming and energy issues. On the other hand, development of hydrogen engines and e-fuel engines that use hydrogen generated by renewable energy as a raw material is also progressing. EV and HEV (Hybrid
Riken NPR Research Memo(7): Financial estimates show a slight decrease for March 2025, but with the possibility of upside.
Future Outlook For the fiscal year ending March 2025, the expected consolidated results for Riken NPR Co. Ltd. (6209) are: revenue of 171,000 million yen, operating profit of 1,040 million yen, ordinary profit of 1,270 million yen, and net income attributable to parent company shareholders of 800 million yen. No exchange gain is expected in non-operating income, and the negative goodwill generated in the previous period will be written off as special profit. These figures reflect the performance of both Riken and NPR over the last 12 months.
Riken NPR Research Memo (5): Substantial increase in revenue and profit is expected in the fiscal year ending March 2024.
Performance trend of Riken NPR <6209>1. Summary of Consolidated Performance for the Fiscal Year Ending March 2024 The consolidated performance based on the earnings short message for the fiscal year ending March 2024, revenue was ¥138586 million, operating profit was ¥8764 million, ordinary profit was ¥11635 million, and net income attributable to parent shareholders was ¥26324 million. As non-operating income, interest and dividend income of ¥873 million, investment income accounted for using the equity method of ¥1465 million, exchange gain of ¥348 million etc., as special profit, Japan succession.
Riken NPR Research Memo (4): Strengths in advanced precision machining, surface treatment, materials, powder metallurgy technology, etc.
Business Overview 2. Characteristics and Strengths of Riken NPR <6209> The main role of the piston ring, Riken NPR's main product, includes sealing function to prevent leakage of combustion gas in the engine combustion chamber, control function of lubricating oil (engine oil), heat transfer function to release combustion heat, support function to reduce piston wear, etc. It is an important functional component used in the harsh conditions of the combustion chamber at 300°C, and is directly related to the engine performance. The manufacturer that can supply high-quality piston rings is highly valued.
Riken NPR Research Memo (3): Automobile engine components related products are the main focus.
Overview of Riken NPR＜6209＞ business: 1. Business overview: The segment division after the management integration is composed of automobile/industrial machinery components business, piping/construction equipment business, and others (thermal engineering business, EMC business, and sales of commodities, etc.). The main products of the automobile/industrial machinery components business are engine components such as piston rings and valve seats. Centering on sintered parts, resin parts, and raw materials for automobile engines, transmissions, drive systems, and suspension-related parts, industrial machinery components, and ships.
Riken NPR Research Memo (2): Major Manufacturer of Piston Rings
Company Overview: 1. On October 2, 2023, Riken and NPR, two major piston ring manufacturers, established a holding company (established by a joint equity transfer method) called Riken NPR <6209>. While leveraging the brands of both companies that have been cultivated over many years, they aim for sustained growth and further enhancement of corporate value by pursuing synergy under integrated governance. As of the end of March 2024, the main office is located in Chiyoda-ku, Tokyo, and the headquarters function is located in the Tokyo head office (east
Riken NPR - A holding company formed by the management integration of Riken and Japan Piston Ring.
Riken NPR <6209> is a holding company established by the integration of two major piston ring companies, Riken Co. and Nihon Piston Ring Co., on October 2, 2023. While leveraging the brands of both companies developed over many years, we aim for sustained growth and further enhancement of corporate value under integrated governance by pursuing synergies. The segment is divided into the automobile and industrial machinery components business, piping and construction equipment business, and other businesses (thermal engineering, EMC (Electro-
Piolax, Shibaura Machinery, etc. (Part 2)
<5988> Pailax Sumitomo Mitsui Trust Bank, Ltd., shareholding percentage - > 5.13%, reporting obligation date: 2024/06/28. <5988> Pailax Mizuho Bank, Ltd., shareholding percentage: 5.13% - > 5.42%, reporting obligation date: 2024/06/28. <6104> Shibaura Machinery Co., Ltd. Nomura Securities Co., Ltd., shareholding percentage: 6.51% - > 6.84%, reporting obligation date: 2024.
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