NICHIDEN Corporation

Tokyo Stock Exchange 9902.T

NICHIDEN Corporation Interest Coverage Ratio for the year ending March 31, 2024: 44.61

NICHIDEN Corporation Interest Coverage Ratio is 44.61 for the year ending March 31, 2024, a 19.19% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

NICHIDEN Corporation Interest Coverage Ratio for the year ending March 31, 2023 was 37.42, a 6.41% change year over year.
NICHIDEN Corporation Interest Coverage Ratio for the year ending March 31, 2022 was 35.17, a -54.52% change year over year.
NICHIDEN Corporation Interest Coverage Ratio for the year ending March 31, 2021 was 77.33, a -20.49% change year over year.
NICHIDEN Corporation Interest Coverage Ratio for the year ending March 31, 2020 was 97.26, a -11.51% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 9902.T

NICHIDEN Corporation

CEO	Mr. Toshikazu Fuke
IPO Date	Feb. 20, 2006
Location	Japan
Headquarters	1-2-16, Uehommachinishi
Employees	998
Sector	Industrials
Industries Machinery Automobiles & Vehicles Automotive Parts Cleaning Supplies Composite Materials Furniture Hardware & Electronics Robotics

Description

NICHIDEN Corporation operates as a trading company in Japan. It offers cylinders, valves, coupling, etc.; industrial robots, controllers, etc.; and sensors, touchscreens, measuring devices, etc. for the control equipment field. The company also provides motors, reduction drives, gearboxes, etc.; chains, gear wheels, coupling, etc.; and handles, bearings, linear motions guides, etc. for the power transmission device field. In addition, it offers dust collectors, pumps, compressors, LEDs, etc.; conveyors, lifts, casters, etc.; and containers, palettes, storage shelves, etc. for industrial machinery fields. The company was founded in 1935 and is headquartered in Osaka, Japan.

Key trends

Past 5 years