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

• Market Cap: ¥63.16B
• Dividend Yield: 1.22%
• Average Volume (3M): 62.11K
• Price to Earnings (P/E): 13.4
• Beta (1Y): 1.22
• 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: ¥3,331.00 ▲(51.55% 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

Balance Sheet Strength

Extremely low leverage and a roughly 48% equity ratio provide durable financial flexibility. With debt minimal and ROE improved to 13.1%, the company can fund capex, withstand cyclical downturns and pursue strategic investments without material refinancing risk.

Free Cash Flow Generation

A sustained >400% jump in free cash flow and strong cash conversion (OCF/Net Income ~0.87) indicates robust internal funding. Durable FCF supports reinvestment, shareholder returns or opportunistic M&A without relying on external financing.

Improving Profitability

Rising gross and net margins reflect structural improvements in pricing, cost control or product mix. Higher margins enhance sustainable operating profitability, improve cash conversion and provide buffer against revenue volatility over the medium term.

Negative Factors

Slow Revenue Growth

Top-line growth has materially slowed to under 2% in the most recent year, which may limit long-term earnings expansion. Without stronger revenue acceleration, margin gains alone may be insufficient to drive meaningful scale or offset competitive pressures.

Limited Scale

A sub-1,000 employee base suggests a relatively small operating footprint for an industrial distributor. Scale constraints can limit bargaining power, geographic expansion, product diversification and the ability to realize sizable cost synergies versus larger competitors.

Limited Forward Disclosure

Absence of formal guidance or published highlights reduces investor visibility into management's strategic priorities and capital allocation. Persistent limited disclosure can make it harder to assess execution risk and long-term planning credibility.

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

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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	12.52B	11.97B	11.08B	11.20B
EBITDA	6.15B	5.73B	4.36B	3.27B	2.58B	2.55B
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	1.27B	1.28B	1.02B
Total Liabilities	24.60B	33.31B	32.93B	34.34B	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	631.00M	2.85B	887.00M	-650.00M
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: Negative
• Last Price: 2198.00
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 2198 is below the 20-day moving average (MA) of 3247.80, below the 50-day MA of 3258.24, and below the 200-day MA of 2494.40, indicating a neutral trend. The MACD of -77.70 indicates Positive momentum. The RSI at 36.92 is Neutral, neither overbought nor oversold. The STOCH value of 29.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	¥47.63B	5.27	―	3.87%	2.66%	-11.41%
3153	75 Outperform	¥63.16B	13.36	―	1.22%	14.41%	85.93%
6454	73 Outperform	¥319.95B	21.53	―	1.68%	7.95%	28.36%
8103	67 Neutral	¥32.86B	14.30	―	4.05%	-3.82%	18.03%
9902	64 Neutral	¥71.23B	15.26	―	3.17%	5.95%	23.97%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
9830	61 Neutral	¥151.54B	9.98	―	2.42%	9.74%	6.48%

Yashima Denki Co., Ltd. Corporate Events

Yashima Denki Doubles Profit and Raises Full-Year Forecast on Strong Nine-Month Results

Yashima Denki reported strong results for the nine months ended December 31, 2025, with net sales up 22.3% year-on-year to 44.7 billion yen and operating profit more than doubling to 3.5 billion yen. Profit attributable to owners of parent doubled to 2.4 billion yen, while total assets declined and the equity ratio improved to 58.3%, indicating a stronger balance sheet.

The company maintained its interim dividend at zero but plans a higher year-end payout of 45 yen per share, including a commemorative dividend for its 80th anniversary, underscoring a commitment to shareholder returns. Yashima Denki also raised its full-year forecast to 75 billion yen in net sales and 4.9 billion yen in profit attributable to owners, signaling confidence in continued growth momentum and improved profitability for stakeholders.

The most recent analyst rating on (JP:3153) stock is a Buy with a Yen3947.00 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 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.