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← CockpitCompetitor Analysis › 6480.T Nippon Thompson Co., Ltd.Open in the cockpit ↗

Nippon Thompson Co., Ltd.6480.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Metal Fabrication
Momentum laggard 11
Mkt cap
$553M
US dollars, full cap
Free float
57%
of shares outstanding
$/day
$8.83M
20-day average traded
Fwd P/E
8.7×
forward earnings
ROIC−WACC
-7.7 pp
WACC 12.5%
Hurdle
+7 pp
Req g minus delivered
Next earnings
5 days
11 Nov 2026
Close · JPY¥1,229
1D-6.8%
1W-22.1%
1M-36.8%
3M-31.9%
6M+11.5%
YTD+50.4%
1Y+80.7%
ATR %8.9%
52w lowhigh52.4% off high

What Nippon Thompson does

Employees: 2,547

Nippon Thompson at a glance

Size Nippon Thompson (6480.T) is a Japan Industrials company (Metal Fabrication) with a market value of $553M, the 1010th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,229 on 6 Nov 2026.

Performance Over six months the shares gained 11.5%, against -20.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 20.6% over the last twelve months (peer median +9.5%); the operating margin is 9.1% (peer median 6.7%).

Valuation It trades at 8.7× forward earnings against a peer median of 24.3× (2nd cheapest of 16).

Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 7.7 points below its cost of capital (12.5% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 20266480.T 107Peer median 79
Six months, rebased to 100: Nippon Thompson against the median of its 20 peers (local-currency closes).

Nippon Thompson financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥67.9B¥63.0B¥54.4B¥55.0B¥68.3B
Revenue growth—+16%-1%-19%—
Gross profit¥22.6B¥20.2B¥16.7B¥18.0B¥24.5B
EBITDA¥9.44B¥7.32B¥4.42B¥6.49B¥12.9B
Net income¥5.80B¥4.07B¥559M¥2.67B¥7.47B
Free cash flown/a¥6.22B¥3.27B-¥6.79B¥4.21B
Capital expendituren/a¥3.49B¥3.63B¥5.01B¥2.33B
Total debt¥25.4B¥30.5B¥34.9B¥32.7B¥22.1B

Quarterly statements and history in the cockpit →

Nippon Thompson 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%-40%-20%0%300652ROLEXRINGS6052866882103036605208300817300611001380688786300345301160IIINELMT24760028465007AKVAPKOH6480.T6-month return →1-month return →
Up and to the right = strong over both horizons. Nippon Thompson is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×50×100×150×ROLEXRINGS6052866882103036300611001380688786300345IIINELMT0028465007PKOH6480.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nippon Thompson is the large dot.

Capital: growth delivered against growth the price implies

0%+10%+20%+30%0%20%ROLEXRINGS001380688786301160IIINELMT24760028465007AKVAPKOH6480.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 Thompson is the large dot.

Nippon Thompson competitors and peer comparison

How Nippon Thompson 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 Thompson against its 20 peers (data as of 6 Nov 2026)
Measure6480.TPeer medianRank in peer set
1-month return-36.8%-9.9%lowest of 21
6-month return+11.5%-20.7%6th highest of 20
Distance from 52-week high-52.4%-38.5%6th lowest of 21
Revenue growth (TTM)+20.6%+9.5%5th highest of 21
Operating margin9.1%6.7%8th highest of 21
Forward P/E8.7×24.3×2nd cheapest of 16
Growth the price implies (Req g, 7 yrs)14.5%8.6%5th most demanding of 12
Growth delivered (Del g)+7.3%+9.3%6th lowest of 12
Hurdle (Req g minus delivered)+7.2 pp-1.9 pp4th most demanding of 12
ROIC minus cost of capital-7.7 pp-0.2 pp3rd lowest of 21
EV / EBITDA9.5×11.7×4th cheapest of 10
Net debt / EBITDA0.2×0.8×6th least indebted of 11

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 Thompson 6480.TJapan$553M+12%+21%9%8.7×14.5%+7.3%
HangZhou Radical Energy Saving Technology 300652.SZChina$554M-30%-13%10%n/an/an/a
Rolex Rings ROLEXRINGS.NSIndia$558M+36%+2%17%24.3×27.0%+13.2%
Jiangsu Tongli Tianqi Technology 605286.SSChina$559M-46%-23%-14%7.9×n/an/a
Shenzhen Pacific Union Precision Manufacturing 688210.SSChina$565M-48%-16%-14%38.9×n/an/a
ALCONIX 3036.TJapan$566M+19%+18%6%13.6×n/an/a
Shanghai Yongmaotai Automotive Technology 605208.SSChina$537M-26%+13%1%n/an/an/a
SF Oilless Bearing 300817.SZChina$524M-21%+25%8%n/an/an/a
Zhejiang Meili High Technology 300611.SZChina$586M-25%+80%8%10.9×n/an/a
Hwaway Technology 001380.SZChina$586M-24%+7%11%15.6×1.3%+30.4%
Jiangxi Yuean Advanced Materials 688786.SSChina$587M-13%+12%21%30.1×24.8%+11.2%
Hunan Huamin 300345.SZChina$521M-8%-17%-25%147.5×n/an/a
Suzhou Xianglou New Material 301160.SZChina$519M-22%+2%13%26.9×14.3%+16.2%
Insteel Industries IIINUnited States$518M-1%+14%5%13.7×1.4%+4.6%
Elmet ELMTUnited States$598M+28%+6%6%40.9×21.9%+5.9%
G-SHANK Enterprise 2476.TWTaiwan$599M-22%+24%19%n/a-0.1%+9.3%
Guangdong Enpack Packaging 002846.SZChina$609M-37%+20%3%53.7×18.4%+11.4%
CMR Green Technologies CMRGREEN.NSIndia$502Mn/a+29%4%n/an/an/a
San Shing Fastech 5007.TWTaiwan$500M-3%-4%18%15.4×-5.1%+4.1%
AKVA AKVA.OLNorway$618M+18%+14%7%28.0×3.7%+6.7%
Park-Ohio PKOHUnited States$629M+41%+3%5%11.8×8.6%+4.3%

Questions

Which companies are Nippon Thompson's closest peers?
The cockpit's peer set: HangZhou Radical Energy Saving Technology (300652.SZ), Rolex Rings (ROLEXRINGS.NS), Jiangsu Tongli Tianqi Technology (605286.SS), Shenzhen Pacific Union Precision Manufacturing (688210.SS), ALCONIX (3036.T), Shanghai Yongmaotai Automotive Technology (605208.SS), SF Oilless Bearing (300817.SZ), Zhejiang Meili High Technology (300611.SZ).
Is Nippon Thompson expensive compared with its peers?
On forward p/e it trades at 8.7× against a peer median of 24.3×, 2nd cheapest of 16 in its peer set. For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Nippon Thompson stock performed?
Over six months to 6 Nov 2026 the shares returned +11.5% against -20.7% for the median peer; over one year +80.7%.

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.