Otsuka (4768) AI Stock Analysis

• Market Cap: ¥1.13T
• Dividend Yield: 3.65%
• Average Volume (3M): 936.91K
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.47
• Revenue Growth: 21.85%
• EPS Growth: 24.41%
• Country: JP
• Employees: 9,680
• Sector: Technology
• Sector Strength: 88
• Industry: Technology Distributors
• EPS (TTM): 46.87
• Shares Outstanding: 380,004,240
• 10 Day Avg. Volume: 844,640
• 30 Day Avg. Volume: 936,913
• PEG Ratio: 0.94
• Price to Book (P/B): 3.11
• Price to Sales (P/S): 0.93
• P/FCF Ratio: 13.95
• 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: ¥3,060.00
• Price Target Upside: -0.16% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2
• EPS Forecast (FY): 166.31
• Revenue Forecast (FY): ¥1.30T

• Rating: 74 Outperform
• Price Target: ¥3,518.00 ▲(14.78% Upside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is primarily supported by strong financial performance—especially a very conservative balance sheet, improving shareholder returns, and accelerating 2025 revenue growth—partly offset by weaker near-term technical momentum (below key short-term moving averages with negative MACD). Valuation is reasonable with a moderate dividend yield, providing additional support but not a major catalyst.

Positive Factors

Conservative balance sheet

Extremely low leverage and a growing equity base materially reduce financial risk and preserve strategic optionality. Over a multi-month horizon this supports stable funding for operations, capacity to pursue M&A or investment, and resilience through downturns while backing improving ROE.

Negative Factors

Working-capital volatility

Volatile operating cash conversion driven by working-capital swings makes short-to-medium term liquidity and forecasting less predictable. This can force episodic financing or constrain timing of investments and shareholder actions despite strong headline FCF.

Otsuka Business Overview & Revenue Model

Company Description

Otsuka Corporation provides system integration, support, and other services in Japan. The System Integration Business segment offers system services, including consulting, system design and development, transport and installation work, and network...

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Otsuka Corporation provides system integration, support, and other services in Japan. The System Integration Business segment offers system services, including consulting, system design and development, transport and installation work, and network...

How the Company Makes Money

Otsuka generates revenue primarily through the sale of its pharmaceutical products, which include branded medications and generics. The company has a diverse portfolio featuring treatments for psychiatric disorders, such as Abilify, and other cond...

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Otsuka generates revenue primarily through the sale of its pharmaceutical products, which include branded medications and generics. The company has a diverse portfolio featuring treatments for psychiatric disorders, such as Abilify, and other cond...

Otsuka Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.32T	1.11T	977.37B	861.02B	851.89B
Gross Profit	252.18B	224.47B	203.98B	184.17B	176.89B
EBITDA	99.86B	82.33B	72.87B	64.84B	66.21B
Net Income	64.30B	53.48B	47.45B	40.02B	39.93B
Balance Sheet
Total Assets	729.20B	684.85B	565.20B	526.13B	490.20B
Cash, Cash Equivalents and Short-Term Investments	252.06B	229.53B	229.66B	203.31B	205.78B
Total Debt	7.18B	6.86B	8.19B	8.44B	8.85B
Total Liabilities	329.61B	309.60B	218.25B	203.40B	188.43B
Stockholders Equity	394.32B	370.80B	343.11B	319.39B	298.74B
Cash Flow
Free Cash Flow	87.85B	34.49B	67.66B	27.95B	52.67B
Operating Cash Flow	92.22B	37.71B	71.65B	29.20B	57.87B
Investing Cash Flow	-20.48B	-11.95B	-21.47B	-8.36B	-9.16B
Financing Cash Flow	-47.61B	-25.89B	-23.84B	-23.31B	-21.96B

Otsuka Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3065.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4768, the sentiment is Negative. The current price of 3065 is above the 20-day moving average (MA) of 3009.20, below the 50-day MA of 3072.23, and above the 200-day MA of 3032.85, indicating a bearish trend. The MACD of -39.61 indicates Positive momentum. The RSI at 38.37 is Neutral, neither overbought nor oversold. The STOCH value of 9.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4768.

Otsuka Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8154	81 Outperform	¥185.59B	4.98	17.09%	2.94%	9.67%	45.58%
8093	76 Outperform	¥22.01B	10.49	―	3.83%	41.87%	167.99%
8137	74 Outperform	¥49.00B	13.51	―	4.12%	-4.88%	-26.05%
4768	74 Outperform	¥1.13T	19.06	17.15%	3.65%	21.85%	24.41%
7537	65 Neutral	¥29.53B	-17.27	―	5.16%	1.71%	-29.37%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
8141	58 Neutral	¥32.58B	40.99	1.55%	1.34%	-34.13%	-31.24%

Otsuka Corporate Events