Nichiha Corporation

Tokyo Stock Exchange 7943.T

Nichiha Corporation Debt to Equity Ratio for the year ending March 31, 2024: 0.12

Nichiha Corporation Debt to Equity Ratio is 0.12 for the year ending March 31, 2024, a -7.41% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Nichiha Corporation Debt to Equity Ratio for the year ending March 31, 2023 was 0.13, a -7.12% change year over year.
Nichiha Corporation Debt to Equity Ratio for the year ending March 31, 2022 was 0.14, a -10.70% change year over year.
Nichiha Corporation Debt to Equity Ratio for the year ending March 31, 2021 was 0.16, a -3.24% change year over year.
Nichiha Corporation Debt to Equity Ratio for the year ending March 31, 2020 was 0.16, a -14.46% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Tokyo Stock Exchange: 7943.T

Nichiha Corporation

CEO	Mr. Shigemitsu Yoshioka
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	Mitsui-Sumitomo Bank Nagoya Building
Employees	3,203
Sector	Consumer Discretionary
Industries Homebuilding Construction Construction Materials

Description

Nichiha Corporation manufactures and sells exterior and interior building products for houses, and commercial and public facilities in Japan, the United States, China, and internationally. The company offers exterior building products, such as exterior fiber cement sidings and sidings accessories, roofing materials, face material bearing walls, fire-resistant roofing boards, and remodeling products, as well as interior building products. It also provides thermal insulating products comprising solar heat insulation and underfloor thermal insulation panels; and fiberboards, as well as offers installation, maintenance, and repair services. The company was founded in 1956 and is headquartered in Nagoya, Japan.

Key trends

Past 5 years