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 industry, which is due to the strong demand for vehicle components such as springs and stabilizers. The electronics industry also represents a significant portion of revenue, especially through the production of components for electronic devices.

Geographically, Japan is the largest market for NHK Spring, followed by China and the USA. These markets are crucial for the company as they have a strong industrial base and high demand for automotive and electronic products.

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 components and industrial springs.
• China: Multiple plants to serve the Asian market, especially in the automotive and electronics components sectors.
• Thailand: Production sites to support the automotive industry in Southeast Asia.
• USA: Plants for the production of springs and other automotive parts to serve the North American market.
• Europe: Production sites in countries like Germany to meet the demand in the European market.

This global presence enables NHK Spring to flexibly respond to market demands and efficiently deliver their products to customers worldwide.

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 lightweight and environmentally friendly materials to meet the requirements of the automotive industry, which is increasingly shifting towards electric vehicles.

In addition, NHK Spring places value on diversifying its product range to not only focus on the automotive sector. This includes investments in new technologies and markets that are intended to provide a sustainable and long-term growth foundation.

The company also plans to expand its production capacities in Asia to benefit from the increasing demand in these markets. These strategic initiatives are intended to help NHK Spring strengthen its market position and secure revenue growth in the coming years.

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 production. Steel is primarily imported from China, South Korea, and Japan, as these countries are major steel producers and offer high quality. Aluminum is mainly sourced from Australia and Canada, known for their extensive bauxite deposits and aluminum production. Copper is imported from Chile and Peru, as these countries are among the largest copper producers globally.

These import strategies enable NHK Spring to source high-quality materials at competitive prices, crucial for maintaining their production standards and cost structure.

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's competitive advantage lies in its strong position in the global market, supported by continuous investments in research and development. This enables NHK Spring to develop innovative products and differentiate itself from competitors.

The operating margin of 8.5% indicates that the company operates efficiently and has a good control over its cost structure. This efficiency, combined with a strong market presence, gives NHK Spring a solid competitive edge over other players in the industry.

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 investors are often long-term oriented and contribute to the stability of stock prices.

Regarding insider activities, there are no significant buys or sells that would indicate a change in management or board confidence. This suggests a stable internal confidence in the company's future development.

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. Adient plc: 8%
8. Aisin Seiki Co., Ltd.: 7%
9. Hyundai Mobis Co., Ltd.: 5%
10. Denso Corporation: 2%

NHK Spring Co., Ltd. is a significant player in the automotive supplier industry, especially in chassis and seating systems. NHK Spring's market share is supported by its long-standing experience and innovative strength. The company has established a certain moat through technological advancements and strong customer relationships.

Compared to its competitors, NHK Spring has a moderate moat. Companies like Toyota Boshoku and Tenneco may have stronger moats due to their larger market shares and diversified product portfolios. These companies benefit from extensive partnerships with major automakers and a broader global presence.

NHK Spring must continuously invest in research and development to maintain its technological edge and strengthen its moat. Competition in the industry is intense, and the ability to adapt to new market requirements will be crucial for long-term success.

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 able to increase its profitability despite a competitive environment.

The return on equity of 8.5% suggests that the company operates efficiently and provides adequate value to its shareholders. The debt-to-equity ratio of 0.45 indicates moderate debt, providing the company with financial flexibility for future investments or economic challenges.

Overall, NHK Spring Co., Ltd. appears to have a stable financial foundation, indicating a potentially good investment opportunity. However, investors should also consider the company's long-term strategic plans and market conditions before making a final decision.

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 companies in the industry.

The continuous payout over the last five years shows that the company is committed to providing its shareholders with a stable return. This reliability can be seen as an indicator of solid financial health and a stable business model.