Loading…
Japan's leading maker of fire alarm and fire detection systems for buildings.
Japan's leading maker of fire alarm and fire detection systems for buildings.
Sells systems mostly through construction and building-equipment contractors on new buildings, while inspection and maintenance contracts, which Japanese fire-safety law requires on existing ones, provide steady repeat work. Sales therefore follow construction starts and the renovation cycle, mainly in Japan.
In one line: Japan's Honeywell Fire/Johnson Controls Fire equivalent.
Moat: narrow (brand, regulatory licence, installed base). Leading market share in a safety-regulated Japanese fire-equipment market with certification barriers.
Headquarters: Tokyo, Japan · Founded: 1947 · Employees: 3,251
Size Nohmi Bosai (6744.T) is a Japan Information Technology company (Computer Communications) with a market value of $1.58B, the 554th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,120 on 6 Nov 2026.
Performance Over six months the shares gained 0.2%, against +4.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 6.3% over the last twelve months (peer median +6.8%); the operating margin is 13.6% (peer median 4.8%).
Valuation It trades at 16.9× forward earnings against a peer median of 19.3× (5th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.2 points above its cost of capital (5.7% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥144B | ¥140B | ¥134B | ¥119B | ¥106B |
| Revenue growth | — | +4% | +13% | +12% | — |
| Gross profit | ¥54.6B | ¥51.0B | ¥45.4B | ¥38.5B | ¥33.9B |
| EBITDA | ¥22.3B | ¥21.0B | ¥18.3B | ¥14.2B | ¥11.3B |
| Net income | ¥14.2B | ¥13.6B | ¥11.1B | ¥8.57B | ¥7.02B |
| Free cash flow | n/a | ¥9.32B | ¥9.31B | ¥793M | ¥2.17B |
| Capital expenditure | n/a | ¥5.23B | ¥2.24B | ¥2.49B | ¥3.02B |
| Total debt | ¥18.0M | ¥0 | ¥150M | ¥0 | ¥0 |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Nohmi Bosai 6744.T | $1.58B | 0% | +6% | 14% | 16.9× | -4.4% |
| Hochiki 6745.T | $952M | 0% | +5% | 12% | 14.7× | -0.1% |
| Johnson Controls JCI | $81.8B | -3% | +9% | 16% | 21.3× | 17.8% |
| Honeywell Technologies HON | $69.8B | -1% | -17% | 18% | 23.2× | 4.1% |
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.
| Measure | 6744.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.6% | -9.1% | 6th highest of 21 |
| 6-month return | +0.2% | +4.6% | 9th lowest of 21 |
| Distance from 52-week high | -17.9% | -31.0% | 7th highest of 21 |
| Revenue growth (TTM) | +6.3% | +6.8% | 11th highest of 21 |
| Operating margin | 13.6% | 4.8% | highest of 21 |
| Forward P/E | 16.9× | 19.3× | 5th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -4.4% | 6.9% | 4th least demanding of 13 |
| Growth delivered (Del g) | +5.3% | +4.0% | 6th highest of 13 |
| Hurdle (Req g minus delivered) | -9.7 pp | -1.7 pp | 5th least demanding of 13 |
| ROIC minus cost of capital | +9.2 pp | -2.0 pp | 6th highest of 21 |
| EV / EBITDA | 9.2× | 10.7× | 5th cheapest of 9 |
| Net debt / EBITDA | -2.0× | -1.1× | 4th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nohmi Bosai 6744.T | Japan | $1.58B | 0% | +6% | 14% | 16.9× | -4.4% | +5.3% |
| Jade Bird Integrated Technologies 002960.SZ | China | $1.40B | -12% | -5% | 6% | 23.8× | 12.0% | +13.2% |
| Seojin System 178320.KS | South Korea | $1.33B | -52% | +9% | -5% | n/a | n/a | n/a |
| Radware RDWR | United States | $1.26B | +9% | +11% | 4% | 22.0× | 32.4% | +3.8% |
| Shenzhen BSC Technology 300951.SZ | China | $1.11B | +33% | +16% | -5% | 19.3× | n/a | n/a |
| Fujian Star-Net Communication 002396.SZ | China | $2.61B | +13% | +18% | 4% | 19.3× | n/a | n/a |
| Hochiki 6745.T | Japan | $952M | 0% | +5% | 12% | 14.7× | -0.1% | +6.7% |
| Guangdong Shenglu Telecommunication Tech 002446.SZ | China | $928M | -32% | -10% | 0% | 16.9× | 43.5% | +1.0% |
| Easy Smart 2442.HK | Hong Kong | $2.72B | +72% | -33% | -15% | n/a | n/a | n/a |
| dormakaba DOKA.SW | Switzerland | $3.47B | +28% | -3% | 13% | 21.2× | -9.3% | +2.2% |
| Nedap NEDAP.AS | Netherlands | $691M | +6% | +13% | 12% | 19.8× | -3.6% | +8.1% |
| Guangdong Champion Asia Electronics 603386.SS | China | $670M | +3% | +15% | 3% | 36.2× | n/a | n/a |
| Nippon Signal 6741.T | Japan | $645M | -3% | +10% | 11% | 8.8× | -7.9% | +4.2% |
| CIG Shanghai 6166.HK | Hong Kong | $4.11B | -63% | +45% | 11% | 9.7× | n/a | n/a |
| Zero One Technology 3029.TW | Taiwan | $566M | +10% | +76% | 6% | 14.3× | -9.2% | +20.4% |
| Sekisui Jushi 4212.T | Japan | $516M | +28% | +5% | 7% | n/a | 1.8% | +3.8% |
| Cheng Uei Precision Industry 2392.TW | Taiwan | $499M | -8% | -10% | -12% | n/a | n/a | n/a |
| Wuhan Ligong Guangke 300557.SZ | China | $461M | -28% | +3% | 5% | n/a | 31.7% | +11.1% |
| Beijing Bohui Science & Technology 688004.SS | China | $455M | +63% | -33% | -42% | n/a | 39.5% | -9.9% |
| CICT Mobile Communication Technology Co., Ltd.Class A 688387.SS | China | $5.65B | -44% | -2% | -7% | n/a | n/a | n/a |
| Allot ALLT | United States | $422M | +10% | +14% | 7% | 24.2× | 23.1% | -5.6% |