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← CockpitCompetitor Analysis › 4516.T Nippon Shinyaku Co., Ltd.Open in the cockpit ↗

Nippon Shinyaku Co., Ltd.4516.TCompetitor analysis, valuation and peers

Japan · JPY·Health Care›Pharmaceuticals: Major

Japanese pharmaceutical company focused on rare/orphan diseases, urology and respiratory drugs.

≈ A mid-size Japanese pharma with a rare-disease focus, like a smaller AlexionMomentum weak 28
Mkt cap
$1.43B
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$8.06M
20-day average traded
Fwd P/E
7.7×
forward earnings
ROIC−WACC
+5.3 pp
WACC 5.0%
Hurdle
-24 pp
Req g minus delivered
Next earnings
7 days
13 Nov 2026
Close · JPY¥3,340
1D-3.8%
1W-2.3%
1M-0.8%
3M-2.4%
6M-30.3%
YTD-40.9%
1Y-0.9%
ATR %2.1%
52w lowhigh48.8% off high

What Nippon Shinyaku does

Japanese pharmaceutical company focused on rare/orphan diseases, urology and respiratory drugs.

Sells prescription drugs to hospitals and specialist doctors, largely in Japan, and earns outside Japan through its US subsidiary NS Pharma, which markets Viltepso for Duchenne muscular dystrophy. A smaller functional-food ingredients business sits alongside the drugs.

In one line: A mid-size Japanese pharma with a rare-disease focus, like a smaller Alexion.

Products and services

  • Rare/orphan disease drugs
  • Urology drugs
  • Respiratory drugs

Customers

  • Hospitals/specialists prescribing its drugs
  • Patients

Where it sits in the supply chain

  • Health care
  • Pharmaceuticals
  • Rare disease, urology and respiratory…

What could go right

  • Orphan drug pipeline progress/approvals

What could go wrong

  • Clinical trial failure risk
  • Patent cliffs

Moat: narrow (IP / patents, regulatory licence). Orphan-drug designations and patents provide extended exclusivity in niche therapeutic areas.

Headquarters: Kyoto, Japan · Founded: 1919 · Employees: 2,309

Named competitors

Nippon Shinyaku at a glance

Size Nippon Shinyaku (4516.T) is a Japan Health Care company (Pharmaceuticals: Major) with a market value of $1.43B, the 589th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,340 on 6 Nov 2026.

Performance Over six months the shares fell 30.3%, against -16.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 12.2% over the last twelve months (peer median +15.8%); the operating margin is 18.5% (peer median -12.7%).

Valuation It trades at 7.7× forward earnings against a peer median of 24.2× (cheapest of 10).

Price implies For today's price to make sense, revenue must grow about -18% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -24 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 5.3 points above its cost of capital (5.0% WACC).

Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026Peer median 854516.T 70
Six months, rebased to 100: Nippon Shinyaku against the median of its 20 peers (local-currency closes).

Nippon Shinyaku financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥180B¥171B¥160B¥148B¥144B
Revenue growth—+7%+8%+3%—
Gross profit¥118B¥112B¥108B¥97.0B¥87.3B
EBITDA¥40.2B¥39.7B¥42.8B¥36.4B¥34.3B
Net income¥31.6B¥29.7B¥32.6B¥25.9B¥22.8B
Free cash flow¥18.9B¥24.2B¥32.8B¥11.2B¥20.5B
Capital expenditure¥5.07B¥3.78B¥34.8B¥9.65B¥11.7B
Total debt¥2.56B¥2.57B¥2.72B¥2.87B¥2.66B

Quarterly statements and history in the cockpit →

Nippon Shinyaku competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%140410688062300204OCULANURASGPCRPCRXMARKSANS002099DMRA6855INVA298380002020LBRX688293PAHCRARE4516.T6-month return →1-month return →
Up and to the right = strong over both horizons. Nippon Shinyaku is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×200×400×600×300204ANURAS688321PCRXMARKSANSINVA0020206882934516.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nippon Shinyaku is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%PCRXMARKSANSINVA002020688293PAHC4516.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Nippon Shinyaku is the large dot.

Nippon Shinyaku competitors and peer comparison

Head to head with its named competitors (4516.T vs 4503.T vs 4528.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Nippon Shinyaku 4516.T$1.43B-30%+12%19%7.7×-17.5%
Astellas Pharma 4503.T$28.2B+11%+19%23%11.6×-11.0%
ONO Pharmaceutical 4528.T$7.01B+2%-2%22%14.7×-8.2%

How Nippon Shinyaku compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Nippon Shinyaku against its 20 peers (data as of 6 Nov 2026)
Measure4516.TPeer medianRank in peer set
1-month return-0.8%-7.0%9th highest of 21
6-month return-30.3%-16.6%8th lowest of 21
Distance from 52-week high-48.8%-40.1%8th lowest of 21
Revenue growth (TTM)+12.2%+15.8%8th lowest of 18
Operating margin18.5%-12.7%4th highest of 18
Forward P/E7.7×24.2×cheapest of 10
Growth the price implies (Req g, 7 yrs)-17.5%3.7%least demanding of 7
Growth delivered (Del g)+7.0%+11.9%3rd lowest of 7
Hurdle (Req g minus delivered)-24.5 pp-5.0 ppleast demanding of 7
ROIC minus cost of capital+5.3 pp-8.1 pp4th highest of 18
EV / EBITDA3.9×14.3×cheapest of 6
Net debt / EBITDA-1.7×1.4×least indebted of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Nippon Shinyaku 4516.TJapan$1.43B-30%+12%19%7.7×-17.5%+7.0%
Mezzion Pharma 140410.KSSouth Korea$1.42B-29%+7%-223%n/an/an/a
Mabwell (Shanghai) Bioscience 688062.SSChina$1.44B-38%+15%-129%n/an/an/a
Staidson (Beijing) Biopharmaceuticals 300204.SZChina$1.41B-36%-24%-51%585.0×n/an/a
Ocular Therapeutix OCULUnited States$1.45B-32%-8%-603%n/an/an/a
Anupam Rasayan India ANURAS.NSIndia$1.40B-15%+52%16%45.8×n/an/a
Shenzhen Chipscreen Biosciences 688321.SSChina$1.40B-33%+27%12%71.6×n/an/a
Structure Therapeutics, Inc. Sponsored ADR GPCRUnited States$1.45B-48%n/an/an/an/an/a
Pacira Biosciences PCRXUnited States$1.45B+57%+6%4%11.8×14.9%+11.1%
Marksans Pharma MARKSANS.NSIndia$1.45B+50%+24%20%24.2×31.6%+16.6%
Zhejiang Hisoar Pharmaceutical 002099.SZChina$1.39B-9%+9%-13%n/an/an/a
Damora Therapeutics DMRAUnited States$1.46B-2%n/an/an/an/an/a
Ascentage Pharma Group International 6855.HKHong Kong$1.39B-33%+70%-220%n/an/an/a
Innoviva INVAUnited States$1.38B-17%+18%36%9.4×-15.4%+3.9%
ABL Bio 298380.KSSouth Korea$1.49B-73%-64%-251%n/an/an/a
Zhejiang Jingxin Pharmaceutical 002020.SZChina$1.49B-17%+1%19%13.0×-8.5%+4.6%
LB Pharmaceuticals LBRXUnited States$1.36B+31%n/an/an/an/an/a
Shanghai OPM Biosciences 688293.SSChina$1.35B+26%+133%11%50.3×26.1%+23.1%
Phibro Animal Health PAHCUnited States$1.34B-18%+17%13%9.1×-7.4%+12.7%
Ultragenyx Pharmaceutical RAREUnited States$1.52B+22%+16%-64%n/an/an/a
Chongqing Genrix Biopharmaceutical 688443.SSChina$1.34B-10%+256%-27%n/an/an/a

Questions

Who are Nippon Shinyaku's main competitors?
Named competitors: Astellas Pharma (4503.T), Ono Pharmaceutical (4528.T), Alexion (AstraZeneca) (private or unlisted). The cockpit's measured peer set (industry) also includes Mezzion Pharma (140410.KS), Mabwell (Shanghai) Bioscience (688062.SS), Staidson (Beijing) Biopharmaceuticals (300204.SZ), Ocular Therapeutix (OCUL), Anupam Rasayan India (ANURAS.NS), Shenzhen Chipscreen Biosciences (688321.SS).
Is Nippon Shinyaku expensive compared with its peers?
On forward p/e it trades at 7.7× against a peer median of 24.2×, cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about -18% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -24 pp: the price already allows for a slowdown.
How has Nippon Shinyaku stock performed?
Over six months to 6 Nov 2026 the shares returned -30.3% against -16.6% for the median peer; over one year -0.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.