Revenue GrowthSustained 13.5% revenue growth reflects expanding market reach across electronics, industrial machinery and IT segments. Durable top-line expansion signals successful product distribution mix and demand resilience, supporting longer-term scale and reinvestment capacity.

Margin ImprovementHealthy 33.1% gross margin and rising net margin to 8.1%, plus stronger EBIT/EBITDA, indicate improved operational efficiency and pricing/partnering strength. Higher structural margins enhance cash generation and make earnings more resilient through industry cycles.

Conservative LeverageVery low debt-to-equity and a strong equity ratio provide financial flexibility to weather downturns and fund strategic initiatives without pressuring cash flow. Conservative capital structure reduces refinancing risk and preserves optionality for M&A or capex.

Bears Say

Underutilized CashMaterial cash reserves on the balance sheet can signal idle capital and weigh on return on equity if not redeployed. Persistently high cash without clear allocation plans may reflect limited growth opportunities or constrained capital allocation discipline over the medium term.

Cash Conversion WeaknessOCF/Net Income below 1.0 and FCF/Net Income at 0.62 indicate earnings are not yet fully converted to cash. Structural working capital variability in distribution businesses can reduce cash available for reinvestment and weaken sustained funding for growth without drawing on cash reserves.

End-market CyclicalityConcentration in semiconductor and electronics distribution exposes revenue and margins to OEM inventory cycles and semiconductor demand swings. Structural cyclicality in end markets can produce durable volatility in sales and working capital needs over 2-6 month horizons and beyond.

6648 FAQ

What was Kawaden Corporation’s price range in the past 12 months?

Kawaden Corporation lowest stock price was ¥731.00 and its highest was ¥2780.00 in the past 12 months.

What is Kawaden Corporation’s market cap?

Kawaden Corporation’s market cap is ¥40.62B.

When is Kawaden Corporation’s upcoming earnings report date?

Kawaden Corporation’s upcoming earnings report date is May 07, 2026 which is in 80 days.

How were Kawaden Corporation’s earnings last quarter?

Kawaden Corporation released its earnings results on Feb 09, 2026. The company reported ¥48.404 earnings per share for the quarter, beating the consensus estimate of N/A by ¥48.404.

Is Kawaden Corporation overvalued?

According to Wall Street analysts Kawaden Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Kawaden Corporation pay dividends?

Kawaden Corporation pays a Notavailable dividend of ¥145 which represents an annual dividend yield of 2.74%. See more information on Kawaden Corporation dividends here

What is Kawaden Corporation’s EPS estimate?

Kawaden Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Kawaden Corporation have?

Kawaden Corporation has 20,960,000 shares outstanding.

What happened to Kawaden Corporation’s price movement after its last earnings report?

Kawaden Corporation reported an EPS of ¥48.404 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 3.131%.

Which hedge fund is a major shareholder of Kawaden Corporation?

Currently, no hedge funds are holding shares in JP:6648

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Kawaden Corporation

Kawaden Corporation (6648) is a prominent Japanese company specializing in the distribution of electronic components and equipment, primarily focusing on the semiconductor and electronic parts sectors. The company operates in multiple segments, including electronics, industrial machinery, and information technology, providing a wide range of products such as sensors, connectors, and various electronic devices. With a commitment to innovation and quality, Kawaden Corporation serves various industries, including automotive, telecommunications, and consumer electronics.