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← CockpitCompetitor Analysis › 9699.T Nishio Holdings Co. Ltd.Open in the cockpit ↗

Nishio Holdings Co. Ltd.9699.TCompetitor analysis, valuation and peers

Japan · JPY·Financials›Finance/Rental/Leasing
Momentum neutral 42
Mkt cap
$722M
US dollars, full cap
Free float
61%
of shares outstanding
$/day
$2.92M
20-day average traded
P/B
0.79×
price to book
ROE
7.8%
delivered
Implied ROE
4.4%
what the price asks
Next earnings
4 days
10 Nov 2026
Close · JPY¥4,100
1D-6.2%
1W-3.9%
1M-4.1%
3M-5.8%
6M-4.9%
YTD-13.4%
1Y-8.8%
ATR %3.0%
52w lowhigh16.0% off high

What Nishio does

Employees: 4,842

Nishio at a glance

Size Nishio (9699.T) is a Japan Financials company (Finance/Rental/Leasing) with a market value of $722M, the 887th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,100 on 6 Nov 2026.

Performance Over six months the shares fell 4.9%, against -6.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th highest of 19 in its peer set.

Growth Revenue fell 1.8% over the last twelve months (peer median +17.0%); the operating margin is 8.7% (peer median 27.7%).

Valuation It trades at 0.79× book value against a peer median of 0.95× (10th cheapest of 21).

Price implies The share price implies a return on equity of about 4.4%; Nishio delivers 7.8%, so the price asks less than the business earns today.

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 979699.T 95
Six months, rebased to 100: Nishio against the median of its 20 peers (local-currency closes).

Nishio financials

Reported figures in JPY; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥210B¥215B¥199B¥186B¥171B
Revenue growth—+8%+7%+9%—
Gross profit¥88.7B¥82.3B¥76.5B¥70.2B¥64.2B
EBITDA¥52.5B¥53.7B¥51.8B¥48.4B¥45.9B
Net income¥10.9B¥12.1B¥11.6B¥10.3B¥9.17B
Free cash flown/a¥27.6B¥21.5B¥12.9B¥13.0B
Capital expendituren/a¥4.57B¥8.37B¥11.8B¥8.63B
Total debt¥107B¥96.9B¥95.3B¥92.3B¥93.8B

Quarterly statements and history in the cockpit →

Nishio 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%0%+50%+100%-20%0%+20%FPRINDIASHLTRJDOFINVRFAFCHGDOTVEL2858PAISALO6623WRLD3660TFCILTDNAVIBUR03739699.T6-month return →1-month return →
Up and to the right = strong over both horizons. Nishio is the large dot.

Fundamentals: return on equity against price-to-book

-10%0%10%20%30%00×20×40×FPRINDIASHLTRJDOFINVRFAFCHGDOTVEL2858PAISALO66233660TFCILTDNAVIBURKISSHT03737172RENTOMOJO9699.TReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Nishio is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%-50%0%50%-100%-50%0%50%FPRJDOFINVRFAFCHPAISALOTFCILTDBUR9699.TROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Nishio is the large dot.

Nishio competitors and peer comparison

How Nishio 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.

Nishio against its 20 peers (data as of 6 Nov 2026)
Measure9699.TPeer medianRank in peer set
1-month return-4.1%-5.4%10th highest of 21
6-month return-4.9%-6.0%9th highest of 19
Return on equity7.8%12.3%8th lowest of 21
Price / book0.79×0.95×10th cheapest of 21
Trailing P/E10.4×10.1×8th most expensive of 16
ROE the price implies4.4%8.6%5th least demanding of 21
ROE delivered7.8%11.9%7th lowest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Nishio 9699.TJapan$722M-5%-2%8%0.79×4.4%7.8%
FleetPartners FPR.AXAustralia$723M+78%+4%12%1.67×12.7%12.2%
India Shelter Finance INDIASHLTR.NSIndia$727M-26%+25%17%2.12×21.3%n/a
Judo Capital JDO.AXAustralia$728M-32%+12%6%0.59×8.7%6.4%
FinVolution Group Sponsored ADR FINVUnited States$740M-43%-2%12%0.29×4.1%11.7%
RFA Financial RFA.TOCanada$741M-6%+32%-14%0.74×5.5%-13.8%
Funding Circle FCH.LUnited Kingdom$744M+49%+53%29%2.30×26.2%28.5%
Green Dot GDOTUnited States$697M-3%+18%-3%0.74×7.8%-2.8%
Velocity Financial VELUnited States$696M-3%+32%16%0.96×8.5%16.1%
Yixin 2858.HKHong Kong$695M-58%+18%8%0.28×5.5%8.1%
Paisalo Digital PAISALO.NSIndia$752M+52%+24%15%3.56×49.6%14.7%
Lufax 6623.HKHong Kong$773M-59%+5%-3%0.07×3.8%n/a
World Acceptance WRLDUnited States$671M0%+5%14%1.92×18.4%14.1%
Qfin 3660.HKHong Kong$664M-60%-8%15%0.18×4.1%15.1%
Tourism Finance Corporation of India TFCILTD.NSIndia$787M+92%+28%12%5.34×65.6%12.4%
Navient NAVIUnited States$790M-1%-17%-2%0.33×5.6%-2.0%
Burford Capital BUR.LUnited Kingdom$798M-19%-415%-98%0.93×12.6%-98.3%
Onemi Technology Solutions KISSHT.NSIndia$652Mn/a+63%24%2.97×21.9%n/a
Allied 0373.HKHong Kong$800M-34%-40%2%0.13×3.4%1.7%
Japan Investment Adviser 7172.TJapan$804M-6%+16%18%1.56×7.9%17.8%
Rentomojo RENTOMOJO.NSIndia$638Mn/a+45%44%18.75×176.8%n/a

Questions

Which companies are Nishio's closest peers?
The cockpit's peer set: FleetPartners (FPR.AX), India Shelter Finance (INDIASHLTR.NS), Judo Capital (JDO.AX), FinVolution Group Sponsored ADR (FINV), RFA Financial (RFA.TO), Funding Circle (FCH.L), Green Dot (GDOT), Velocity Financial (VEL).
Is Nishio expensive compared with its peers?
On price / book it trades at 0.79× against a peer median of 0.95×, 10th cheapest of 21 in its peer set. The share price implies a return on equity of about 4.4%; Nishio delivers 7.8%, so the price asks less than the business earns today.
How has Nishio stock performed?
Over six months to 6 Nov 2026 the shares returned -4.9% against -6.0% for the median peer; over one year -8.8%.

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.