NHK Spring 2026 Forecast | Price, Valuation & Growth

NHK Spring

TSE:5991

¥ 2.574,50

¥-81,50 (-3,07%)

2.574,50 ¥

¥-81,50 (-3,07%)

End-of-day quote: 03/27/2026

NHK Spring Stock Value

Analysts currently rate TSE:5991 as Outperform.

Outperform

NHK Spring Company Info

EPS Growth 5Y

63,12%

Market Cap

¥521,57 B

Long-Term Debt

¥34,01 B

Annual earnings

05/14/2026 (E)

Dividend

¥63,85

Dividend Yield

2,48%

Founded

1936

Industry

Materials

Country

Japan

Website

NHK Spring

ISIN Number

JP3742600004

Website

http://www.nhkspg.co.jp

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

¥3.230,00

25.46%

Last Update: 03/26/2026

Analysts: 4

Highest Price Target ¥3.400,00

Average Price Target ¥3.230,00

Lowest Price Target ¥2.900,00

In the last five quarters, NHK Spring’s Price Target has risen from ¥765,08 to ¥1.375,00 - a 79,72% increase. Four analysts predict that NHK Spring’s share price will increase in the coming year, reaching ¥3.230,00. This would represent an increase of 25,46%.

Top growth stocks in the materials sector (5Y.)

What does NHK Spring do?

NHK Spring Co., Ltd. is a manufacturer specializing in the production of automobile-related parts, including suspension springs, seats, and precision components. The company also engages in the sale of information equipment-related products and parts, alongside providing logistics and other services related to its core businesses. In addition to its core automotive business, the company has diversified its product range to include industrial machinery and equipment, as well as various other pro...

In addition to its core automotive business, the company has diversified its product range to include industrial machinery and equipment, as well as various other products such as semiconductor processing products, ceramic products, and security products.

Business Segments

The company operates through several distinct business segments, each contributing to the company’s overall performance and market presence. The primary segments include automotive suspension springs, automotive seating, precision springs and components, and industrial machinery and equipment.

Automotive Suspension Springs

The automotive suspension springs segment is a significant contributor to the company’s revenue, providing essential components for various vehicle types. The company’s expertise in this area allows it to deliver high-performance products that enhance vehicle safety and comfort.

Automotive Seating

The automotive seating segment focuses on the design and manufacture of seats and seat components, catering to the growing demand for innovative and ergonomic seating solutions in the automotive industry.

Precision Springs and Components

The precision springs and components segment encompass a wide range of products used in various applications, including automotive, industrial, and consumer goods. The company’s ability to produce precision-engineered components ensures that it meets the specific requirements of its customers, further solidifying its reputation as a reliable supplier.

Industrial Machinery and Equipment

The industrial machinery and equipment segment includes the production of various machinery and equipment used in manufacturing processes. This segment allows the company to leverage its manufacturing expertise and expand its market reach beyond the automotive sector.

Business Strategy

The company employs a multifaceted business strategy aimed at sustaining growth and enhancing its competitive edge in the automotive parts industry. The company’s strategy is centered around innovation, quality, and customer satisfaction, which are critical components of its long-term success.

The company places a strong emphasis on research and development, investing in new technologies and processes to improve product quality and efficiency. This commitment to R&D not only enhances the company’s product offerings but also positions it as a leader in technological advancements within the industry.

Quality assurance is another cornerstone of the company’s business strategy. The company adheres to stringent quality control measures throughout its manufacturing processes, ensuring that all products meet or exceed industry standards. Customer satisfaction is paramount to the company’s strategy. The company actively seeks to understand the needs and preferences of its customers, tailoring its products and services to meet those demands.

In addition to its focus on innovation, quality, and customer satisfaction, the company is committed to sustainability and environmental responsibility. The company’s manufacturing processes are designed to minimize waste and reduce environmental impact, aligning with global trends toward sustainability.

Products and Services

The company offers a diverse range of products and services that cater to various sectors, primarily focusing on the automotive industry. The company’s core product offerings include automotive suspension springs, automotive seating components, precision springs, and industrial machinery and equipment.

The automotive suspension springs are designed to enhance vehicle performance, safety, and comfort. These springs are manufactured using advanced materials and technologies, ensuring durability and reliability under various driving conditions. The company’s expertise in this area allows it to produce a wide range of suspension springs suitable for different vehicle types, including passenger cars, trucks, and commercial vehicles.

In the automotive seating segment, the company provides a variety of seat components, including frames, cushions, and mechanisms. The company’s seating solutions are designed with ergonomics and comfort in mind, catering to the growing demand for high-quality seating in modern vehicles.

Precision springs and components are another key product line for the company. These products are used in various applications across multiple industries, including automotive, industrial, and consumer goods.

In addition to its core automotive products, the company also manufactures industrial machinery and equipment. This segment includes a range of machinery used in manufacturing processes, allowing the company to leverage its manufacturing expertise and expand its market reach beyond the automotive sector. The company also provides logistics and other services related to its core businesses, ensuring that customers receive comprehensive support throughout the supply chain.

Geographical Markets Served

The company serves a diverse range of geographical markets, with a strong presence in Japan, the United States, Thailand, and other regions.

Seasonality

The company experiences some seasonality in its operations, primarily driven by the automotive industry’s production cycles and demand fluctuations. The company’s sales and production levels may vary throughout the year, influenced by factors such as consumer demand, automotive manufacturing schedules, and economic conditions.

The company’s management closely monitors market trends and customer demand to anticipate seasonal variations and adjust production schedules accordingly. By maintaining flexibility in its operations, the company aims to mitigate the impact of seasonality on its overall performance.

Customers

The company serves a diverse range of customers across various industries, primarily focusing on the automotive sector. The company’s customer base includes major automotive manufacturers, suppliers, and other businesses that require high-quality automotive parts and components.

Sales and Marketing

The company employs a comprehensive approach to sales and marketing, utilizing various channels to reach its target customers effectively. The company engages in direct sales to automotive manufacturers and suppliers, ensuring that it can provide tailored solutions that meet customer requirements. This direct engagement allows the company to foster close relationships with key clients and respond quickly to their needs.

In addition to direct sales, the company utilizes digital marketing and online platforms to enhance its visibility and reach a broader audience. The company also participates in industry trade shows and exhibitions, showcasing its products and technologies to a wider audience. These events provide valuable opportunities for networking and establishing connections with potential customers and partners.

History

The company was incorporated in 1936. It was founded in 1936. The company was formerly known as Shibaura Spring Manufacturing Co., Ltd. and changed its name to NHK Spring Co., Ltd. in 1939.

NHK Spring Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Automotive Industry:** approx. 60% **Electronics Industry:** approx. 25% **Industrial Machinery:** approx. 15% **TOP 3 Markets:** **Japan:** approx. 40% **China:** approx. 30% **USA:** approx. 20% NHK Spring Co., Ltd. generates the majority of its revenue from the automotive indust...

At which locations are the company’s products manufactured?

**Production sites of NHK Spring Co., Ltd.:** NHK Spring Co., Ltd. is a globally operating company with production facilities in several countries. The main production sites are located in: - **Japan:** Headquarters and several production facilities focusing on the manufacturing of automotive comp...

What strategy does NHK Spring pursue for future growth?

**Revenue Growth:** Estimated 5-7% annually (2026 forecast) **Focus on E-Mobility and Sustainability** NHK Spring Co., Ltd. pursues a strategy that is heavily focused on expanding into the field of electromobility and sustainable technologies. The company is investing in the development of lightwei...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, Aluminum, Copper **Countries of origin:** - **Steel:** China, South Korea, Japan - **Aluminum:** Australia, Canada - **Copper:** Chile, Peru NHK Spring Co., Ltd. is a leading manufacturer of automotive components and mainly uses steel, aluminum, and copper in its pro...

How strong is the company’s competitive advantage?

**Market Share:** Estimated at 20% in the global automotive springs market (2025) **R&D Expenses:** 5% of revenue (2025) **Operating Margin:** 8.5% (2025) NHK Spring Co., Ltd. is one of the leading manufacturers of automotive springs and has secured a significant market share. The company&#...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 45% (estimated for 2026 based on historical data and market trends) **Insider Buys/Sells:** No significant transactions reported (as of 2026) NHK Spring Co., Ltd. traditionally maintains a stable institutional investor share, which hovers around 45%. These...

What percentage market share does NHK Spring have?

**Market share of NHK Spring Co., Ltd.:** Estimate: 12% (2026) **Main competitors and their market shares:** 1. **Toyota Boshoku Corporation:** 18% 2. **Tenneco Inc.:** 15% 3. **Faurecia SE:** 14% 4. **NHK Spring Co., Ltd.:** 12% 5. **Magna International Inc.:** 10% 6. **Lear Corporation:** 9% 7. *...

Is NHK Spring stock currently a good investment?

**Revenue Growth:** 5.2% (2025) **Profit Growth:** 4.8% (2025) **Return on Equity:** 8.5% (2025) **Debt-to-Equity Ratio:** 0.45 (2025) NHK Spring Co., Ltd. recorded a revenue growth of 5.2% in 2025, indicating solid demand in its core markets. The profit growth of 4.8% shows that the company is abl...

Does NHK Spring pay a dividend – and how reliable is the payout?

**Dividend yield:** 2.5% (2025) **Dividend history:** Continuous payout over the last 5 years NHK Spring Co., Ltd. has regularly paid out dividends in recent years, indicating a reliable dividend policy. The dividend yield was last around 2.5%, which can be considered moderate compared to other c...

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NHK Spring Stock Value

NHK Spring Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does NHK Spring do?

NHK Spring Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

NHK Spring Stock Value

NHK Spring Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does NHK Spring do?

NHK Spring Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.