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Last ¥1,344 JPY
Change Today -32.00 / -2.33%
Volume 740.4K
As of 2:00 AM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

nhk spring co ltd (5991) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/28/15 - ¥1,391
52 Week Low
05/14/14 - ¥816.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for NHK SPRING CO LTD (5991)

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nhk spring co ltd (5991) Details

NHK Spring Co., Ltd. engages in automotive suspension springs; automotive seats; precision spring and components; hard disk drive (HDD) suspensions and mechanical components; industrial machinery and equipment; and security products businesses in Japan. The company’s automotive suspension spring products include leaf springs, coil springs, stabilizer bars, torsion bars, stabilizer links, gas springs, solid and tubular stabilizers, bellows accumulators, and others; and automotive seating products consist of sporty seats with active headrest, power seats for recreational vehicles, air suspension seats, mechanical seating components, trim parts, and others. It also offers precision spring and components, such as wire springs; flat springs; functional components for automobiles, OA, and IT products; mechanical parts for HDD; and micro contactors, as well as disk drive suspensions. In addition, the company offers brazed products, ceramic products, spring mechanisms, pipe support systems, automatic parking systems, polyurethane products, metal-based printing wire boards, sealing materials, gaskets, lighting equipment, golf club shafts, and others. Further, it develops, integrates, and markets various security technology products for information oriented corporate environment; and card-related products to prevent card fraud and other high-tech crimes. NHK Spring Co., Ltd. was founded in 1939 and is headquartered in Yokohama, Japan.

16,242 Employees
Last Reported Date: 06/30/14
Founded in 1939

nhk spring co ltd (5991) Top Compensated Officers

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Executives, Board Directors

nhk spring co ltd (5991) Key Developments

SAE Magnetics (H.K.) Ltd. and NHK Spring Co., Ltd. Announce Termination of Joint Venture in NAT Peripheral (H.K.) Co., Ltd

TDK Corporation has announced that its Hong Kong-based HDD head manufacturing wholly owned subsidiary, SAE Magnetics (H.K.) Ltd. (hereinafter SAE) entered into an agreement with NHK Spring Co., Ltd. (hereinafter NHK) to terminate their joint venture in NAT Peripheral (H.K.) Co., Ltd. (hereinafter NAT) established in 2003, which is engaged in HDD suspension manufacturing and to transfer SAEs holding share in NAT to NHK on March 31, 2015. NAT becomes wholly owned subsidiary company of NHK by this agreement. Reason for joint venture dissolution in response to start manufacturing of HDD Suspension in China, the general support from SAE, who had company running know-how in China, had been necessary, and thus SAE had participated in the joint venture. Now that 11 years have passed since JV establishment, it is agreed to terminate the joint venture in China, having achieved the results regarding the operational support from SAE. Other than this matter will have an insignificant impact on TDK's consolidated financial results.

NHK Spring Co., Ltd. to Report Q3, 2015 Results on Feb 05, 2015

NHK Spring Co., Ltd. announced that they will report Q3, 2015 results on Feb 05, 2015

NHK Spring Co., Ltd. to Report Q2, 2015 Results on Nov 06, 2014

NHK Spring Co., Ltd. announced that they will report Q2, 2015 results on Nov 06, 2014


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Valuation 5991 Industry Range
Price/Earnings 14.8x
Price/Sales 0.5x
Price/Book 1.3x
Price/Cash Flow 14.7x
TEV/Sales 0.3x

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