VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Nabtesco Corporation vs Canadian National Railway Company

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Nabtesco Corporation

6268 · Tokyo Stock Exchange

Market cap (USD)$4.1B
Gross margin (TTM)31.7%
Operating margin (TTM)7.4%
Net margin (TTM)5.8%
SectorIndustrials
IndustryIndustrial - Machinery
CountryJP
Data as of2026-05-26
Moat score
90/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Nabtesco Corporation's moat claims, evidence, and risks.

View 6268 analysis

Canadian National Railway Company

CNR · Toronto Stock Exchange

Market cap (USD)$72.6B
Gross margin (TTM)41.9%
Operating margin (TTM)37.8%
Net margin (TTM)27.2%
SectorIndustrials
IndustryRailroads
CountryCA
Data as of2026-05-26
Moat score
98/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Canadian National Railway Company's moat claims, evidence, and risks.

View CNR analysis

Comparison highlights

  • Moat score gap: Canadian National Railway Company leads (98 / 100 vs 90 / 100 for Nabtesco Corporation).
  • Segment focus: Nabtesco Corporation has 4 segments (36% in Accessibility Solutions Business); Canadian National Railway Company has 2 segments (97.4% in Rail freight transportation network).
  • Primary market structure: Quasi-Monopoly vs Duopoly. Pricing power: Moderate vs Moderate.
  • Moat breadth: Nabtesco Corporation has 5 moat types across 3 domains; Canadian National Railway Company has 4 across 2.

Primary market context

Nabtesco Corporation

Accessibility Solutions Business

Market

Automatic doors for buildings and platform doors (pedestrian flow solutions)

Geography

Japan (core) + Europe/North America/China

Customer

Building owners/contractors, transit operators, and integrators

Role

Product OEM + installation and service ecosystem

Revenue share

36%

Canadian National Railway Company

Rail freight transportation network

Market

Canadian Class I freight rail transportation

Geography

Canada and U.S. cross-border corridors, with 18,900 route miles at Q1 2026 period-end

Customer

Industrial shippers, intermodal customers, and auto supply chains

Role

Line-haul freight railway (Class I)

Revenue share

97.4%

Side-by-side metrics

Nabtesco Corporation
Canadian National Railway Company
Ticker / Exchange
6268 - Tokyo Stock Exchange
CNR - Toronto Stock Exchange
Market cap (USD)
$4.1B
$72.6B
Gross margin (TTM)
31.7%
41.9%
Operating margin (TTM)
7.4%
37.8%
Net margin (TTM)
5.8%
27.2%
Sector
Industrials
Industrials
Industry
Industrial - Machinery
Railroads
HQ country
JP
CA
Primary segment
Accessibility Solutions Business
Rail freight transportation network
Market structure
Quasi-Monopoly
Duopoly
Market share
55%-65% (reported)
50%-56% (estimated)
HHI estimate
n/a
4,031
Pricing power
Moderate
Moderate
Moat score
90 / 100
98 / 100
Moat domains
Supply, Demand, Legal
Legal, Supply
Last update
2026-05-26
2026-05-26

Moat coverage

Shared moat types

No overlap yet.

Nabtesco Corporation strengths

Learning Curve YieldDesign In QualificationCompliance AdvantageService Field NetworkBrand Trust

Canadian National Railway Company strengths

Permits Rights Of WayPhysical Network DensityScale Economies Unit CostScope Economies

Segment mix

Nabtesco Corporation segments

Full profile >

Component Solutions Business

Quasi-Monopoly

25.8%

Transport Solutions Business

Oligopoly

32.6%

Accessibility Solutions Business

Quasi-Monopoly

36%

Manufacturing Solutions Business

Quasi-Monopoly

5.7%

Canadian National Railway Company segments

Full profile >

Rail freight transportation network

Duopoly

97.4%

Non-rail logistics and ancillary services

Competitive

2.6%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.