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No complete published report is available for spse/2218 (SPSE/2218) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SPSE/2218 (SPSE/2218)

Sapporo Stock Exchange: SPSE/2218 · JPY

¥2,180

+9.00 (+0.4%)· Recorded snapshot

Market cap	4.6B
Revenue (ttm)	17.4B
Net income (ttm)	159.4M
EPS (ttm)	¥76.0
Shares out	2.1M
P/E (trailing)	28.7x
Dividend	¥15.0 (0.69%)
Volume	3,100
Beta	0.16

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 17.4B
Net income (ttm): 159.4M
EPS (ttm): ¥76.0
P/E (trailing): 28.7x
Market cap: 4.6B

Metric	Value
Amount currency	JPY
Country	Japan
Country code	JP
Earnings date	2026-11-04
Employees	682
Employees change	8
Employees growth	1.19%
Exchange	Sapporo Stock Exchange
Financial currency	JPY
Financial report date	2010-12-31
First seen	2026-05-10
Fiscal year end	March
Founded	1943
Industry	Bakery Products
Is primary listing	Yes
ISIN number	JP3664800004
Last earnings date	2026-01-25
Last refreshed	2026-10-28
Last stock split date	2017-09-27
Last stock split type	Reverse
Market cap	JPY 4.6B
Next earnings date	2026-11-04
Price	JPY 2,180.00
Price currency	JPY
SIC code	2050
Stock price date	2026-10-27
Symbol	spse/2218
Website	https://www.nichiryo-pan.co.jp

Metric

Value

Amount currency

JPY

Country

Japan

Country code

Earnings date

2026-11-04

Employees

682

Employees change

Employees growth

1.19%

Exchange

Sapporo Stock Exchange

Financial currency

JPY

Financial report date

2010-12-31

First seen

2026-05-10

Fiscal year end

March

Founded

1943

Industry

Bakery Products

Is primary listing

Yes

ISIN number

JP3664800004

Last earnings date

2026-01-25

Last refreshed

2026-10-28

Last stock split date

2017-09-27

Last stock split type

Reverse

Market cap

JPY 4.6B

Next earnings date

2026-11-04

Price

JPY 2,180.00

Price currency

JPY

SIC code

2050

Stock price date

2026-10-27

Symbol

spse/2218

Website

https://www.nichiryo-pan.co.jp

Metric	Value
Average P/E ratio (10Y)	19.83x
Average P/E ratio (3Y)	20.92x
Average P/E ratio (5Y)	31.15x
Earnings yield	3.49%
FCF yield	0.42%
Graham number	1454.73005
Graham upside	-33.27%
Lynch fair value	JPY 380.02
Lynch upside	-82.57%
P/B ratio	1.76x
P/E ratio	28.68x
P/FCF ratio	237.42x
P/OCF ratio	7.28x
P/S ratio	0.26x
Price / tangible book value	1.82x
Price/EBITDA ratio	5.8x

Metric

Value

Average P/E ratio (10Y)

19.83x

Average P/E ratio (3Y)

20.92x

Average P/E ratio (5Y)

31.15x

Earnings yield

3.49%

FCF yield

0.42%

Graham number

1454.73005

Graham upside

-33.27%

Lynch fair value

JPY 380.02

Lynch upside

-82.57%

P/B ratio

1.76x

P/E ratio

28.68x

P/FCF ratio

237.42x

P/OCF ratio

7.28x

P/S ratio

0.26x

Price / tangible book value

1.82x

Price/EBITDA ratio

5.8x

Metric	Value
EBIT margin	1.63%
EBITDA margin	4.53%
FCF margin	0.11%
Gross margin	23.47%
Operating margin	1.63%
Pretax margin	0.88%
Profit margin	0.92%
Profit per employee	JPY 233,705
Revenue per employee	JPY 25.5M
ROA	1.38%
ROA (5Y)	1.44%
ROCE	4.08%
ROE	6.37%
ROE (5Y)	7.13%
ROIC	6.08%
ROIC (5Y)	5.29%
Tax / revenue	-0.04%

Metric

Value

EBIT margin

1.63%

EBITDA margin

4.53%

FCF margin

0.11%

Gross margin

23.47%

Operating margin

1.63%

Pretax margin

0.88%

Profit margin

0.92%

Profit per employee

JPY 233,705

Revenue per employee

JPY 25.5M

ROA

1.38%

ROA (5Y)

1.44%

ROCE

4.08%

ROE

6.37%

ROE (5Y)

7.13%

ROIC

6.08%

ROIC (5Y)

5.29%

Tax / revenue

-0.04%

Metric	Value
EPS growth	38.13%
EPS growth (Q)	79.38%
EPS growth (QoQ)	94.13%
EPS growth 3Y	2.27%
FCF growth	30.24%
FCF growth (QoQ)	182.04%
FCF growth 3Y	-56.44%
Gross profit growth	4.2%
Gross profit growth (Q)	6.06%
Gross profit growth 3Y	1.66%
Gross profit growth 5Y	0.04%
Net income growth	38.11%
Net income growth (Q)	79.35%
Net income growth (QoQ)	94.12%
Net income growth 3Y	2.23%
OCF growth	10.78%
OCF growth (Q)	121.71%
OCF growth (QoQ)	-25.93%
OCF growth 3Y	-6.52%
Operating income growth	24.43%
Operating income growth (Q)	26.9%
Operating income growth 3Y	-4.95%
Operating income growth 5Y	1.85%
Revenue growth	-0.96%
Revenue growth (Q)	0.82%
Revenue growth (QoQ)	7.93%
Revenue growth 10Y	-4.34%
Revenue growth 3Y	0.07%
Revenue growth 5Y	-1.92%

Metric

Value

EPS growth

38.13%

EPS growth (Q)

79.38%

EPS growth (QoQ)

94.13%

EPS growth 3Y

2.27%

FCF growth

30.24%

FCF growth (QoQ)

182.04%

FCF growth 3Y

-56.44%

Gross profit growth

4.2%

Gross profit growth (Q)

6.06%

Gross profit growth 3Y

1.66%

Gross profit growth 5Y

0.04%

Net income growth

38.11%

Net income growth (Q)

79.35%

Net income growth (QoQ)

94.12%

Net income growth 3Y

2.23%

OCF growth

10.78%

OCF growth (Q)

121.71%

OCF growth (QoQ)

-25.93%

OCF growth 3Y

-6.52%

Operating income growth

24.43%

Operating income growth (Q)

26.9%

Operating income growth 3Y

-4.95%

Operating income growth 5Y

1.85%

Revenue growth

-0.96%

Revenue growth (Q)

0.82%

Revenue growth (QoQ)

7.93%

Revenue growth 10Y

-4.34%

Revenue growth 3Y

0.07%

Revenue growth 5Y

-1.92%

Metric	Value
Capital expenditures	JPY -608.4M
Depreciation and amortization	JPY 504M
EBIT	JPY 283.8M
EBITDA	JPY 787.8M
EPS	JPY 76.00
FCF per share	JPY 9.18
Financing cash flow	JPY -193.3M
Free cash flow	JPY 19.3M
Gross profit	JPY 4.1B
Income taxes	JPY -7.2M
Investing cash flow	JPY -453.5M
Net borrowing	JPY -193M
Net cash flow	JPY -19.1M
Net income	JPY 159.4M
Operating income	JPY 283.8M
Revenue	JPY 17.4B

Metric

Value

Capital expenditures

JPY -608.4M

Depreciation and amortization

JPY 504M

EBIT

JPY 283.8M

EBITDA

JPY 787.8M

EPS

JPY 76.00

FCF per share

JPY 9.18

Financing cash flow

JPY -193.3M

Free cash flow

JPY 19.3M

Gross profit

JPY 4.1B

Income taxes

JPY -7.2M

Investing cash flow

JPY -453.5M

Net borrowing

JPY -193M

Net cash flow

JPY -19.1M

Net income

JPY 159.4M

Operating income

JPY 283.8M

Revenue

JPY 17.4B

Metric	Value
Altman Z-Score	1.31
Book value per share	JPY 1,237.50
Debt / EBITDA	4.65
Debt / equity	1.41
Debt / FCF	190.38
Interest coverage	4.3
Long-term assets	JPY 8.4B
Long-term liabilities	JPY 4.4B
Net cash (debt)	JPY -2B
Net cash / market cap	-44.3%
Net debt / EBITDA	2.57
Net debt / equity	0.78
Net debt / FCF	105.19
Piotroski F-Score	8
Property, plant and equipment	JPY 7.8B
Shareholders' equity	JPY 2.6B
Tangible book value	JPY 2.5B
Tangible book value per share	JPY 1,200.56
Total assets	JPY 12.8B
Total cash	JPY 1.6B
Total debt	JPY 3.7B
Total liabilities	JPY 10.2B
WACC	3.48%

Metric

Value

Altman Z-Score

1.31

Book value per share

JPY 1,237.50

Debt / EBITDA

4.65

Debt / equity

1.41

Debt / FCF

190.38

Interest coverage

4.3

Long-term assets

JPY 8.4B

Long-term liabilities

JPY 4.4B

Net cash (debt)

JPY -2B

Net cash / market cap

-44.3%

Net debt / EBITDA

2.57

Net debt / equity

0.78

Net debt / FCF

105.19

Piotroski F-Score

Property, plant and equipment

JPY 7.8B

Shareholders' equity

JPY 2.6B

Tangible book value

JPY 2.5B

Tangible book value per share

JPY 1,200.56

Total assets

JPY 12.8B

Total cash

JPY 1.6B

Total debt

JPY 3.7B

Total liabilities

JPY 10.2B

WACC

3.48%

Metric	Value
Asset turnover	1.35
Current assets	JPY 4.3B
Current liabilities	JPY 5.8B
Current ratio	0.75
Inventory turnover	40.4
Net working capital	JPY -757.3M
Quick ratio	0.67
Working capital	JPY -1.5B
Working capital turnover	-11.47

Metric

Value

Asset turnover

1.35

Current assets

JPY 4.3B

Current liabilities

JPY 5.8B

Current ratio

0.75

Inventory turnover

40.4

Net working capital

JPY -757.3M

Quick ratio

0.67

Working capital

JPY -1.5B

Working capital turnover

-11.47

Metric	Value
Buyback yield / dilution	0.02%
Dividend growth	0%
Dividend growth (10Y)	-2.84%
Dividend growth (3Y)	0%
Dividend growth (5Y)	0%
Dividend growth years	0
Dividend payment date	2026-06-29
Dividend payment years	10
Dividend payout frequency	Annual
Dividend per share	JPY 15.00
Dividend yield	0.69%
Ex-dividend date	2026-03-30
FCF payout ratio	163.36%
Last dividend	JPY 15.00
Payout ratio	19.74%
Shareholder yield	0.71%

Metric

Value

Buyback yield / dilution

0.02%

Dividend growth

Dividend growth (10Y)

-2.84%

Dividend growth (3Y)

Dividend growth (5Y)

Dividend growth years

Dividend payment date

2026-06-29

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

JPY 15.00

Dividend yield

0.69%

Ex-dividend date

2026-03-30

FCF payout ratio

163.36%

Last dividend

JPY 15.00

Payout ratio

19.74%

Shareholder yield

0.71%

Metric	Value
10Y price change	22.47%
10Y return CAGR	2.78%
10Y total return	31.54%
150-day SMA	JPY 2,201.09
15Y price change	142.22%
15Y return CAGR	6.58%
15Y total return	160.16%
1D price change	0.41%
1M price change	0.69%
1M total return	0.69%
1W price change	0.28%
1W total return	0.28%
1Y price change	-1.76%
1Y return CAGR	-1.12%
1Y total return	-1.12%
20-day SMA	JPY 2,167.95
200-day SMA	JPY 2,218.01
20Y price change	61.48%
20Y return CAGR	2.79%
20Y total return	73.44%
3M price change	0.69%
3M total return	0.69%
3Y price change	2.69%
3Y return CAGR	1.54%
3Y total return	4.7%
50-day SMA	JPY 2,162.86
50-day SMA vs 200-day SMA	50under200
52-week high	JPY 2,355.00
52-week high date	2026-03-16
52-week low	JPY 2,140.00
52-week low date	2026-08-03
5Y price change	2.35%
5Y return CAGR	1.14%
5Y total return	5.82%
6M price change	-1.04%
6M total return	-1.04%
All-time high	JPY 8,600.00
All-time high date	1992-01-24
All-time low	JPY 500.00
All-time low date	2000-10-19
Average true range (ATR)	JPY 5.24
Average volume	580
Beta (1Y)	-0.07
Beta (2Y)	-0.01
Beta (5Y)	0.16
Change from 52-week high	-7.43%
Change from 52-week low	1.87%
Change from all-time high	-74.65%
Change from all-time low	336%
Change from open	0.28%
Day's gap	0.14%
Dollar volume	JPY 6.8M
High price	JPY 2,180.00
Low price	JPY 2,174.00
Monthly RSI	46.16
Open price	JPY 2,174.00
Position in 52-week range	100%
Previous close	JPY 2,171.00
Price vs 150-day SMA	-0.96%
Price vs 20-day SMA	0.56%
Price vs 200-day SMA	-1.71%
Price vs 50-day SMA	0.79%
Relative volume	6.39
RSI	67.41
Sharpe ratio	-0.38
Sharpe ratio (3Y)	0
Sharpe ratio (5Y)	-0.02
Sortino ratio	0.01
Sortino ratio (3Y)	0.35
Sortino ratio (5Y)	0.28
Volume	3.1K
Weekly RSI	48.71
YTD price change	-3.11%
YTD total return	-2.48%

Metric

Value

10Y price change

22.47%

10Y return CAGR

2.78%

10Y total return

31.54%

150-day SMA

JPY 2,201.09

15Y price change

142.22%

15Y return CAGR

6.58%

15Y total return

160.16%

1D price change

0.41%

1M price change

0.69%

1M total return

0.69%

1W price change

0.28%

1W total return

0.28%

1Y price change

-1.76%

1Y return CAGR

-1.12%

1Y total return

-1.12%

20-day SMA

JPY 2,167.95

200-day SMA

JPY 2,218.01

20Y price change

61.48%

20Y return CAGR

2.79%

20Y total return

73.44%

3M price change

0.69%

3M total return

0.69%

3Y price change

2.69%

3Y return CAGR

1.54%

3Y total return

4.7%

50-day SMA

JPY 2,162.86

50-day SMA vs 200-day SMA

50under200

52-week high

JPY 2,355.00

52-week high date

2026-03-16

52-week low

JPY 2,140.00

52-week low date

2026-08-03

5Y price change

2.35%

5Y return CAGR

1.14%

5Y total return

5.82%

6M price change

-1.04%

6M total return

-1.04%

All-time high

JPY 8,600.00

All-time high date

1992-01-24

All-time low

JPY 500.00

All-time low date

2000-10-19

Average true range (ATR)

JPY 5.24

Average volume

580

Beta (1Y)

-0.07

Beta (2Y)

-0.01

Beta (5Y)

0.16

Change from 52-week high

-7.43%

Change from 52-week low

1.87%

Change from all-time high

-74.65%

Change from all-time low

336%

Change from open

0.28%

Day's gap

0.14%

Dollar volume

JPY 6.8M

High price

JPY 2,180.00

Low price

JPY 2,174.00

Monthly RSI

46.16

Open price

JPY 2,174.00

Position in 52-week range

100%

Previous close

JPY 2,171.00

Price vs 150-day SMA

-0.96%

Price vs 20-day SMA

0.56%

Price vs 200-day SMA

-1.71%

Price vs 50-day SMA

0.79%

Relative volume

6.39

RSI

67.41

Sharpe ratio

-0.38

Sharpe ratio (3Y)

Sharpe ratio (5Y)

-0.02

Sortino ratio

0.01

Sortino ratio (3Y)

0.35

Sortino ratio (5Y)

0.28

Volume

3.1K

Weekly RSI

48.71

YTD price change

-3.11%

YTD total return

-2.48%

Metric	Value
Float	552.4K
Shares change (QoQ)	-0%
Shares held by insiders	0.97%
Shares held by institutions	5.72%
Shares outstanding	2.1M

Metric

Value

Float

552.4K

Shares change (QoQ)

-0%

Shares held by insiders

0.97%

Shares held by institutions

5.72%

Shares outstanding

2.1M

SPSE/2218 (SPSE/2218)

Price

Financial snapshot

Fair-value bridge

Latest news · SPSE/2218

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SPSE/2218 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SPSE/2218

Frequently asked questions