Industry Sales:

• Shipbuilding: 70%
• Offshore Facilities: 20%
• Repair and Maintenance: 10%

TOP 3 Markets:

• Japan: 40%
• South Korea: 25%
• China: 20%

Namura Shipbuilding Co., Ltd. generates the majority of its revenue in traditional shipbuilding, which is the company's core competency. The market in Japan is the largest single market, attributed to the strong local presence and established customer base.

South Korea and China are also significant markets benefiting from proximity and trade relationships. These markets are particularly important for the export of ships and maritime facilities.

Production Sites:

1. Imari Shipyard & Works - Saga Prefecture, Japan
2. Sasebo Shipyard - Nagasaki Prefecture, Japan

Namura Shipbuilding Co., Ltd. mainly produces its ships in Japan. The two main sites are the Imari Shipyard & Works in Saga Prefecture and the Sasebo Shipyard in Nagasaki Prefecture. These sites are strategically located to serve both the domestic and international shipbuilding market.

Strategy for Future Growth:

Namura Shipbuilding Co., Ltd. pursues a strategy focused on technological innovation and sustainability. The company is increasing its investment in the development of environmentally friendly ships and technologies to meet the growing demands for emission reductions.

Another focus is on diversifying the product range to tap into new markets and reduce dependence on traditional types of ships. This includes the development of specialized vessels and offshore structures.

In addition, Namura is leveraging strategic partnerships and collaborations to strengthen its global presence and facilitate access to new technologies and markets. These measures are intended to enable the company to flexibly respond to changing market conditions and ensure long-term growth.

Main Imported Raw Materials: Steel, Aluminum, Copper

Countries of Origin:

• Steel: China, South Korea
• Aluminum: Australia, Canada
• Copper: Chile, Peru

Namura Shipbuilding Co., Ltd. mainly imports steel, aluminum, and copper for shipbuilding. Steel is primarily sourced from China and South Korea, as these countries are among the largest steel producers in the world and offer competitive prices.

Aluminum is mainly imported from Australia and Canada, as these countries have significant bauxite reserves and a strong aluminum industry.

Copper is primarily imported from Chile and Peru, as these countries are among the leading copper producers worldwide. These raw materials are crucial for ship manufacturing, as they are needed for the structure, wiring, and other components.

Market share: 5% (estimated, 2026)
Revenue growth: 3.8% (2025)
EBITDA margin: 12% (2025)

Namura Shipbuilding Co., Ltd. has a moderate competitive advantage in the shipbuilding industry. The company benefits from its long-standing experience and an established customer base, providing it with a certain protection against new market participants.

The EBITDA margin of 12% indicates that Namura operates efficiently and is able to generate solid profits, despite the estimated 5% market share being relatively small. The revenue growth of 3.8% in 2025 suggests that the company is capable of expanding in a competitive environment, albeit at a slower pace than some of its larger competitors.

Furthermore, a focus on technological innovations and sustainable shipbuilding practices could help strengthen the competitive advantage in the coming years.

Institutional Investor Share: approximately 45% (estimated for 2026 based on historical data)

Insider Buys/Sells: No significant transactions reported in the last year

The institutional investor share in Namura Shipbuilding Co., Ltd. is estimated to be around 45%. This estimate is based on historical data and typical patterns in the industry. Institutional investors play a significant role in stabilizing the stock price and providing capital.

No significant insider transactions were reported in the last year. This suggests that management and other insiders either have a stable assessment of the company's value or do not expect significant changes in the company's strategy.

Market share of Namura Shipbuilding Co., Ltd.: Estimated around 5% (2026)

Top competitors and their market shares:

1. Mitsubishi Heavy Industries, Ltd.: around 15%
2. Imabari Shipbuilding Co., Ltd.: around 12%
3. Oshima Shipbuilding Co., Ltd.: around 10%
4. Japan Marine United Corporation: around 9%
5. Kawasaki Heavy Industries, Ltd.: around 8%
6. Tsuneishi Shipbuilding Co., Ltd.: around 7%
7. Sasebo Heavy Industries Co., Ltd.: around 6%
8. Namura Shipbuilding Co., Ltd.: around 5%
9. Shin Kurushima Dockyard Co., Ltd.: around 4%
10. Mitsui E&S Holdings Co., Ltd.: around 3%

Economic moat of Namura Shipbuilding Co., Ltd.:

Namura Shipbuilding Co., Ltd. has a moderate economic moat, mainly characterized by specialized shipbuilding capabilities and long-standing customer relationships. The company is known for its expertise in building bulk carriers and tankers, giving it a certain advantage in these segments.

In comparison to larger competitors like Mitsubishi Heavy Industries and Imabari Shipbuilding, which have diversified product lines and larger production capacities, Namura's economic moat is less pronounced. These companies benefit from economies of scale and a broader international presence, giving them a stronger competitive edge.

In summary, Namura Shipbuilding remains competitive in certain niche markets, but possesses a lower strategic advantage compared to the market leaders.

Revenue Growth: 4.8% (2025) Profit Growth: 3.2% (2025) Backlog: $1.2 billion USD (2025)

Namura Shipbuilding Co., Ltd. recorded a moderate revenue growth of 4.8% in 2025. This indicates stable demand for their services and products. The profit growth of 3.2% shows that the company was able to improve its profitability despite potentially increased costs.

The backlog of $1.2 billion USD is a positive indicator for future revenue and shows that the company has a solid foundation for future growth. This could suggest a strong market position and competitive offerings.

In summary, Namura Shipbuilding Co., Ltd. could potentially be a good investment due to its stable growth and solid backlog. However, investors should also consider other factors such as the overall market situation and specific risks of the shipbuilding sector before making a decision.

Dividend Yield: 3.5% (estimated for 2026)
Dividend History: Stable payouts over the last 5 years

Namura Shipbuilding Co., Ltd. has been paying a consistent dividend in recent years. The dividend yield for 2026 is estimated to be around 3.5%, based on the latest available financial reports and the company's dividend policy.

The company has a strong balance sheet and demonstrates a reliable payout policy, indicating that stable dividends can be expected in the future as well. However, the shipbuilding industry can be cyclical, which could potentially impact future payouts.