NHK Spring stock weighs HDD expansion against weaker earnings growth

Published on 10/07/2026 at 05:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NHK Spring stock is tied to a JPY 5 billion HDD expansion announced September 17, 2026. Fiscal first-quarter net income reached JPY 15.726 billion.

NHK Spring, JP3742600004, Illustration mit AI erstellt.

NHK Spring stock was last at JPY 3,867 on the Tokyo Stock Exchange on October 7, 2026, with a daily change of minus 0.82 percent. The company is expanding HDD suspension capacity as demand from AI and data-center applications rises, according to JScope on September 17, 2026.

JPY 5 billion expansion plan

NHK Spring plans to invest JPY 5 billion in additional HDD suspension production lines at domestic and overseas sites. The project is separate from the JPY 35 billion Thailand suspension-plant investment announced on July 16, 2026, with operations scheduled to begin sequentially from 2027, JScope reports.

The investment gives the stock a concrete operating angle beyond the daily quote. NHK Spring supplies suspension components used in hard disk drives, making capacity timing important as storage demand linked to artificial intelligence develops.

First-quarter figures set the base

For the first quarter of fiscal 2027 ended June 30, 2026, revenue reached JPY 216.159 billion, while net income was JPY 15.726 billion and basic earnings per share was JPY 77.62, according to JPX Market Explorer.

The latest full fiscal year provides a mixed comparison. Fiscal 2026 revenue rose 1.89 percent to JPY 816.879 billion from JPY 801.698 billion, while net income fell to JPY 27.862 billion from JPY 48.167 billion, based on the fiscal results summarized by JPX Market Explorer.

Analyst target stays above price

The analyst backdrop is more constructive than the recent session. Investing.com shows a Buy consensus from 4 analysts, with 3 Buy ratings, 1 Hold rating and no Sell ratings. The average 12-month target is JPY 4,495, with targets from JPY 4,200 to JPY 4,800.

Against the October 7 price of JPY 3,867, the average target lies 16.2 percent above the price. The comparison matters because the share price remains JPY 473 below the 52-week high of JPY 4,340, while the current market capitalization is JPY 783.4 billion.

Stock remains below yearly high

NHK Spring stock traded between JPY 3,858 and JPY 3,971 on October 7, 2026, with volume of 375,500 shares. Its 52-week range is JPY 2,120 to JPY 4,340, placing the latest price 10.9 percent below the upper boundary.