Electric Appliances · Fiscal year end Mar 31

NIHON KOHDEN CORPORATION

6849

日本光電工業株式会社

FIGI BBG000BM1BV86849.T6849 JPCorp. no. 2011101016254

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-11-12

For the first half of the fiscal year to 2026-03: Revenue ¥108.1 billion (+5.2% YoY), Ordinary income ¥6.7 billion (+214.7% YoY), Net income ¥4.5 billion (+877.1% YoY).

	This period	Year on year
Revenue	¥108.1bn	+5.2%
Ordinary profit	¥6.7bn	+214.7%
Net profit to owners	¥4.5bn	+877.1%

From the securities report on EDINET, which states no forecast. History via /v1/companies/6849/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2026-03-31

Revenue: ¥235.1bn
Net income: ¥14.5bn
ROE: 8.1%
Equity ratio: 70.1%
Dividend / share: ¥32
Employees: 6,116

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥235.1bn	¥14.5bn	¥256.5bn	¥179.8bn	8.1%	¥89.25	¥21.1bn
2025-03-31	¥225.4bn	¥14.1bn	¥258.3bn	¥181.3bn	7.8%	¥84.88	¥15.3bn
2024-03-31	¥222.0bn	¥17.0bn	¥233.2bn	¥181.1bn	9.8%	¥101.23	¥15.6bn
2023-03-31	¥206.6bn	¥17.1bn	¥216.7bn	¥167.6bn	10.6%	¥101.64	−¥2.5bn
2022-03-31	¥205.1bn	¥23.4bn	¥210.2bn	¥156.4bn	15.9%	¥138.25	¥25.7bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	8.1	46.3
Ordinary margin	0.0959	66.1
Equity ratio, %	70.1	74.9
Revenue growth	0.0429	46.7
Net income growth	0.0294	38.7
Operating cash flow / assets	0.0821	62.5

Policy-uncertainty measure1.23 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Trade & tariffs 3 Regulation 1 Politics & geopolitics 3

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 2 new 5% holder(s) in 180 days; net stake change −6.38pt in 90 days; 2.8% held by other listed companies.

Results wording balance: +0.18. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥25.0bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥125m, 0.6% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/6849/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Share buyback, report to —: ¥5.0bn acquired of a ¥5.0bn limit. /v1/companies/6849/buybacks

Internal control, 2026-06-24: see filing 上記の評価の結果、当事業年度末日時点において、当社グループの財務報告に係る内部統制は有効であると判断しました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Japan, North America, Rest of World. /v1/companies/6849/segments

Latest voting result: 2026-06-25 · 剰余金の処分の件 · passed. /v1/companies/6849/voting

Ownership changes

All companies →

2026-10-26

Below 5%−1.05pt

Sprucegrove Investment Management Ltd. cut holdings in NIHON KOHDEN CORPORATION (6849) to 3.96% from 5.01%, below the 5% threshold.

S100Z9T5Filer profile Original filing (PDF, Japanese)
2026-09-25

Below 5%−2.63pt

Resona Bank, Limited cut holdings in NIHON KOHDEN CORPORATION (6849) to 4.22% from 6.85%, below the 5% threshold.

S100Z388Filer profile Original filing (PDF, Japanese)
2026-09-24

Below 5%−1.62pt

Sumitomo Mitsui Trust Bank,Limited cut holdings in NIHON KOHDEN CORPORATION (6849) to 4.46% from 6.08%, below the 5% threshold.

S100Z2ORFiler profile Original filing (PDF, Japanese)
2026-09-17

New 5% stake

BlackRock Japan Co., Ltd. disclosed a 5.08% stake in NIHON KOHDEN CORPORATION (6849), crossing the 5% reporting threshold.

S100Z2WGFiler profile Original filing (PDF, Japanese)
2026-09-15

New 5% stake

Japan Activation Capital, Inc. disclosed a 6.20% stake in NIHON KOHDEN CORPORATION (6849), crossing the 5% reporting threshold.

S100Z27RFiler profile Original filing (PDF, Japanese)
2026-08-12

Decrease−1.08pt

Sprucegrove Investment Management Ltd. reduced holdings in NIHON KOHDEN CORPORATION (6849) to 5.01% from 6.09%.

S100YVZAFiler profile Original filing (PDF, Japanese)
2026-06-18

Increase+1.28pt

First Eagle Investment Management, LLC raised holdings in NIHON KOHDEN CORPORATION (6849) to 7.29% from 6.01%.

S100YDUUFiler profile Original filing (PDF, Japanese)
2026-06-15

Below 5%−1.00pt

Mitsubishi UFJ Financial Group, Inc. cut holdings in NIHON KOHDEN CORPORATION (6849) to 4.18% from 5.18%, below the 5% threshold.

S100YA57Filer profile Original filing (PDF, Japanese)
2026-05-13

Decrease−1.04pt

Sprucegrove Investment Management Ltd. reduced holdings in NIHON KOHDEN CORPORATION (6849) to 6.09% from 7.13%.

S100Y3KDFiler profile Original filing (PDF, Japanese)
2026-02-04

Increase+1.00pt

First Eagle Investment Management, LLC raised holdings in NIHON KOHDEN CORPORATION (6849) to 6.01% from 5.01%.

S100XJ1EFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
Sprucegrove Investment Management Ltd.	2021-11-24 – 2026-10-22	-6,575,880	−2.49pt	¥1,791.39	¥1,391–2,195
ジャパン・アクティベーション・キャピタル株式会社	2026-09-10 – 2026-09-10	+10,414,800	+6.20pt	¥1,350	¥1,350–1,350
ValueAct Capital Management, L.P.	2023-10-19 – 2025-05-14	-443,200	−0.04pt	¥3,617	¥3,617–3,617
ValueAct Japan Master Fund, L.P.	2023-10-19 – 2025-05-14	-443,200	−0.04pt	¥3,617	¥3,617–3,617
Massachusetts Financial Services Company	2021-09-27 – 2021-12-23	-3,219,300	−3.59pt	¥3,495.75	¥3,192–3,926

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/6849/trades.

5% filings

Large shareholding reports on 6849

Filed	Filer	Stake	Change	Stated purpose
2026-10-26	Sprucegrove Investment Management Ltd.	3.96%	−1.05pt	—
2026-09-25	Resona Bank, Limited	4.22%	−2.63pt	—
2026-09-24	Sumitomo Mitsui Trust Bank,Limited	4.46%	−1.62pt	—
2026-09-17	BlackRock Japan Co., Ltd.	5.08%	—	pure investment
2026-09-15	Japan Activation Capital, Inc.	6.20%	—	pure investment
2026-08-12	Sprucegrove Investment Management Ltd.	5.01%	−1.08pt	—
2026-06-18	First Eagle Investment Management, LLC	7.29%	+1.28pt	—
2026-06-15	Mitsubishi UFJ Financial Group, Inc.	4.18%	−1.00pt	strategic holding
2026-05-13	Sprucegrove Investment Management Ltd.	6.09%	−1.04pt	—
2026-02-04	First Eagle Investment Management, LLC	6.01%	+1.00pt	—

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 9 issues
Book value: ¥3.5bn
Sold in the year: ¥826m 2 issues
Bought in the year: — — issues
Mutual, both reports: 5
Held by listed cos.: 5

Holds	Book value	Shares vs. prior year	Mutual
NIKKISO CO., LTD. 6376	¥836m	0.0%	both reports
Eisai Co., Ltd. 4523	¥752m	-33.3%	both reports
ONO PHARMACEUTICAL CO., LTD. 4528	¥690m	0.0%	both reports
Mitsubishi UFJ Financial Group, Inc. 8306	¥380m	0.0%	stated
Resona Holdings, Inc. 8308	¥335m	0.0%	stated
AGS Corporation 3648	¥314m	0.0%	both reports
Sumitomo Mitsui Financial Group, Inc. 8316	¥162m	0.0%	stated
Sumitomo Mitsui Trust Group, Inc. 8309	¥24m	0.0%	both reports
Sompo Holdings, Inc. 8630	¥10m	0.0%	stated
㈱芝浦電子 6957	—	sold all	no

Held by: Sumitomo Mitsui Trust Group, Inc. 8309, Eisai Co., Ltd. 4523, NIKKISO CO., LTD. 6376, ONO PHARMACEUTICAL CO., LTD. 4528, AGS Corporation 3648, Eisai Co., Ltd. 4523

Purposes, all holdings and mutual flags via /v1/companies/6849/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
日本マスタートラスト信託銀行株式会社(信託口)	23,724,000	14.74%
株式会社日本カストディ銀行(信託口)	8,085,000	5.02%
株式会社埼玉りそな銀行	7,957,000	4.94%
ジェーピーモルガンチェースバンク３８００５５	7,839,000	4.87%
ジックプライベ－トリミテッドシ－	6,244,000	3.88%
ステートストリートバンクアンドトラスト　カンパニー５０５１０３	6,139,000	3.81%
individual holder	5,934,000	3.68%
ジェーピーモルガンチェースバンク３８５１６６	3,076,000	1.91%
全国共済農業協同組合連合会	2,710,000	1.68%
株式会社三菱ＵＦＪ銀行	2,650,000	1.64%

U.S. funds holding 6849

SEC Form N-PORT, reports to 2026-07-31

64 U.S. funds held 20,666,039 shares worth $201.5m.

Fund	Shares	Value	% of fund	As of
First Eagle Overseas Fund First Eagle Funds	6,792,300	$67.6m	0.379%	2026-07-31
VANGUARD INTERNATIONAL VALUE FUND VANGUARD TRUSTEES' EQUITY FUND	3,076,800	$30.6m	0.260%	2026-07-31
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS	2,288,834	$22.8m	0.004%	2026-07-31
VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS	1,501,006	$13.2m	0.004%	2026-06-30
iShares Core MSCI EAFE ETF iShares Trust	1,191,600	$11.9m	0.006%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/6849
GET /v1/companies/6849/financials
GET /v1/companies/6849/details
GET /v1/companies/6849/segments
GET /v1/companies/6849/voting
GET /v1/companies/6849/tender-offers
GET /v1/companies/6849/indicators
GET /v1/companies/6849/earnings-releases
GET /v1/events?ticker=6849
GET /v1/companies/6849/trades         
GET /v1/companies/6849/cross-holdings 
GET /v1/companies/6849/brief

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