Yashima Denki Co., Ltd. (3153) AI Stock Analysis

• Market Cap: ¥75.72B
• Dividend Yield: 1.22%
• Average Volume (3M): 62.11K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 1.16
• Revenue Growth: 14.41%
• EPS Growth: 85.93%
• Country: JP
• Employees: 985
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): 54.00
• Shares Outstanding: 21,782,500
• 10 Day Avg. Volume: 67,590
• 30 Day Avg. Volume: 62,113
• PEG Ratio: 0.17
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.53
• P/FCF Ratio: 11.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: ¥3,853.00 ▲(75.30% Upside)
• Action: Reiterated Date: 02/05/26
• Date: Action: Reiterated 02/05/26

The score is driven primarily by strong financial performance (improving margins, low leverage, and sharply higher free cash flow). Technicals are supportive with a clear uptrend, but near-overbought RSI moderates the outlook. Valuation is reasonable (P/E 13.52) with a modest dividend yield (1.05%).

Positive Factors

Free Cash Flow Strength

FCF surged over 400% (¥5,81M to ¥3,169M) with FCF/net income of 0.79 and OCF/net income 0.87. Durable cash generation supports capex, debt restraint, and shareholder returns, enabling strategic reinvestment without relying on external financing.

Very Low Financial Leverage

Extremely low debt-to-equity (0.02) and a near-48% equity ratio provide strong financial flexibility. This reduces refinancing risk, preserves capacity for opportunistic investment or acquisitions, and improves resilience across economic cycles.

Improving Profitability Metrics

Gross and net margins have expanded alongside ROE improvement to 13.10%, reflecting better operational efficiency and cost control. Sustainable margin expansion strengthens competitive position and funds internal growth initiatives over multiple quarters.

Negative Factors

Weak Recent Revenue Growth

Top-line growth was only 1.87% in the most recent year, indicating limited demand expansion. Sluggish revenue constrains long-term earnings upside and makes the company more dependent on margin gains and cost efficiencies for sustained profit growth.

Modest Net Margin Level

Although improving, a 6.07% net margin remains modest for sustaining high returns in downturns. Limited margin headroom increases vulnerability to input cost inflation or competitive pricing pressure, which could erode profitability if revenue growth lags.

Limited Scale and Diversification

A workforce of 985 suggests a smaller industrial-distribution footprint versus larger peers. Limited scale can reduce bargaining power, restrict geographic/product diversification, and constrain investment capacity needed to capture larger structural growth opportunities.

Yashima Denki Co., Ltd. Business Overview & Revenue Model

Company Description

Yashima Denki Co., Ltd. (3153) is a Japanese company specializing in the development, manufacturing, and sales of electronic components and systems. The company operates primarily in the sectors of advanced electronics, semiconductor devices, and industrial equipment. Its core products include power supplies, signal conditioners, and various electronic modules that cater to a wide array of industries, including automotive, telecommunications, and consumer electronics.

How the Company Makes Money

Yashima Denki generates revenue through multiple channels, primarily focusing on the sale of its electronic components and systems to various industries. The company's revenue model is driven by direct sales of its products to OEMs (Original Equipment Manufacturers) and other industrial clients. Key revenue streams include contracts for large-scale supply agreements, as well as smaller orders for individual components. Additionally, Yashima Denki benefits from strategic partnerships with other technology firms, allowing it to integrate its products into larger systems and expand its market reach. The company also invests in research and development to innovate and improve its product offerings, which helps maintain competitive pricing and attract new customers.

Yashima Denki Co., Ltd. Financial Statement Overview

Summary

Strong fundamentals: improving profitability (gross margin up to 21.78%, net margin up to 6.07%), solid balance sheet with very low leverage (debt-to-equity 0.02) and improved ROE (13.10%), plus sharply higher free cash flow (¥581M to ¥3,169M) with good cash conversion.

Income Statement

Yashima Denki Co., Ltd. shows a strong financial performance with increasing revenue and profitability. The gross profit margin improved from 19.74% to 21.78% in the most recent year, and the net profit margin increased from 4.10% to 6.07%. Revenue growth was 1.87% in the latest year. EBIT and EBITDA margins also saw positive trends. These factors indicate strong operational efficiency and a solid growth trajectory.

Balance Sheet

The company's balance sheet reflects a robust equity position with a stable debt-to-equity ratio of 0.02, indicating low leverage. The return on equity improved to 13.10%, showcasing effective use of equity capital. With an equity ratio of 47.72%, the company maintains a solid financial structure, suggesting low financial risk and high financial stability.

Cash Flow

Yashima Denki Co., Ltd. demonstrates healthy cash flow management with a significant increase in free cash flow from ¥581 million to ¥3,169 million, marking a growth of over 400%. The operating cash flow to net income ratio of 0.87 indicates efficient cash conversion. The free cash flow to net income ratio of 0.79 further underscores the company's strong cash flow generation capabilities.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	68.80B	66.08B	64.86B	60.27B	60.04B	59.19B
Gross Profit	15.31B	14.40B	12.80B	12.31B	11.42B	11.53B
EBITDA	6.64B	6.26B	4.30B	3.30B	2.78B	2.79B
Net Income	4.29B	4.01B	2.66B	1.92B	1.53B	1.57B
Balance Sheet
Total Assets	55.26B	64.14B	60.43B	58.74B	50.93B	53.31B
Cash, Cash Equivalents and Short-Term Investments	16.60B	15.45B	13.06B	12.07B	11.45B	10.78B
Total Debt	725.00M	740.00M	900.00M	1.21B	1.22B	1.08B
Total Liabilities	24.60B	33.31B	32.93B	34.35B	27.89B	31.34B
Stockholders Equity	30.46B	30.61B	27.28B	24.20B	22.84B	21.75B
Cash Flow
Free Cash Flow	0.00	3.17B	581.00M	2.78B	817.00M	-760.00M
Operating Cash Flow	0.00	3.48B	809.00M	2.92B	1.72B	532.00M
Investing Cash Flow	0.00	10.00M	848.00M	-1.49B	-759.00M	342.00M
Financing Cash Flow	0.00	-763.00M	-848.00M	-663.00M	-298.00M	-12.00M

Yashima Denki Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2198.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3153, the sentiment is Positive. The current price of 2198 is below the 20-day moving average (MA) of 3454.50, below the 50-day MA of 3185.38, and below the 200-day MA of 2395.02, indicating a bullish trend. The MACD of 79.32 indicates Positive momentum. The RSI at 62.43 is Neutral, neither overbought nor oversold. The STOCH value of 48.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3153.

Yashima Denki Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3176	78 Outperform	¥54.06B	10.49	―	3.87%	2.66%	-11.41%
8103	76 Outperform	¥38.34B	12.30	―	4.05%	-3.82%	18.03%
3153	75 Outperform	¥75.72B	14.52	―	1.22%	14.41%	85.93%
6454	73 Outperform	¥322.27B	24.37	―	1.68%	7.95%	28.36%
9902	64 Neutral	¥75.57B	15.78	―	3.17%	5.95%	23.97%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
9830	61 Neutral	¥166.37B	10.48	―	2.42%	9.74%	6.48%

Yashima Denki Co., Ltd. Corporate Events

Yashima Denki Posts Sharp Profit Growth and Plans Higher Year-End Dividend

Yashima Denki reported strong consolidated results for the third quarter of the fiscal year ending March 2026, with net sales rising 22.3% year on year to ¥44,742 million and operating profit surging 118.7% to ¥3,533 million. Ordinary profit more than doubled to ¥3,635 million, and profit attributable to owners of the parent jumped 101.3% to ¥2,363 million, lifting basic earnings per share to ¥111.01. The company’s financial position also improved, with total assets at ¥56,204 million, net assets increasing to ¥32,970 million, and the capital adequacy ratio strengthening to 58.3% from 47.7%. Despite maintaining a zero dividend for the second quarter, Yashima Denki paid a full-year dividend of ¥36.00 in the previous fiscal year and now forecasts a higher year-end dividend of ¥45.00, signaling confidence in its earnings momentum and balance-sheet strength.

The most recent analyst rating on (JP:3153) stock is a Buy with a Yen3578.00 price target. To see the full list of analyst forecasts on Yashima Denki Co., Ltd. stock, see the JP:3153 Stock Forecast page.

Yashima Denki Co., Ltd. Reports Strong Q2 Financial Performance and Revised Forecasts

Yashima Denki Co., Ltd. reported significant growth in its financial performance for the second quarter of the fiscal year ending March 31, 2026, with a notable increase in net sales and profits compared to the previous year. The company has revised its earnings and dividend forecasts, reflecting a positive outlook and celebrating its 80th anniversary with a commemorative dividend, indicating strong market positioning and shareholder value enhancement.

The most recent analyst rating on (JP:3153) stock is a Buy with a Yen2873.00 price target. To see the full list of analyst forecasts on Yashima Denki Co., Ltd. stock, see the JP:3153 Stock Forecast page.