Nitto Seimo Co., Ltd.

Tokyo Stock Exchange 3524.T

Nitto Seimo Co., Ltd. Interest Coverage Ratio for the year ending April 30, 2024: 10.55

Nitto Seimo Co., Ltd. Interest Coverage Ratio is 10.55 for the year ending April 30, 2024, a 364.45% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Nitto Seimo Co., Ltd. Interest Coverage Ratio for the year ending April 30, 2023 was 2.27, a -70.60% change year over year.
  • Nitto Seimo Co., Ltd. Interest Coverage Ratio for the year ending April 30, 2022 was 7.72, a -44.58% change year over year.
  • Nitto Seimo Co., Ltd. Interest Coverage Ratio for the year ending April 30, 2021 was 13.94, a 42.52% change year over year.
  • Nitto Seimo Co., Ltd. Interest Coverage Ratio for the year ending April 30, 2020 was 9.78, a -19.79% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
Tokyo Stock Exchange: 3524.T

Nitto Seimo Co., Ltd.

CEO Mr. Hiroaki Kobayashi
IPO Date Jan. 1, 2001
Location Japan
Headquarters 2-20-15 Shimbashi
Employees 914
Sector Industrials
Industries
Description

Nitto Seimo Co., Ltd. manufactures and sells knotless nets for fishery and onshore uses primarily in Japan. The company provides trap nets, purse seine nets, fish farming nets, trawl nets, and laver cultivation nets; onshore-related products, including animal damage protection nets and ball protection nets; ropes; and Moji and knotted nets. It also offers hydraulic equipment; labor saving equipment for fishing operations and gear treatment; sherbet ice makers; and fishing equipment. In addition, the company imports and sells fishing materials, including floats and hardware for purse seine nets and nylon tire cords; onshore materials, such as stainless steel wires and polyethylene knotted nettings; and agricultural materials comprising binding. It also exports its fishing gears to various countries that include Asian countries, Chile, New Zealand, Norway, Spain, the United States, and Canada. The company was founded in 1910 and is headquartered in Tokyo, Japan.

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StockViz Staff

February 1, 2025

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