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Okabe Co., Ltd.
(5959)
Okabe Co., Ltd. (5959) vs. iShares MSCI Japan ETF (EWJ)
Okabe Co., Ltd. Business Overview & Revenue Model
Okabe Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 69.06B | 69.76B | 67.81B | 78.15B | 76.85B | 64.83B |
| Gross Profit | 21.61B | 21.71B | 21.16B | 21.28B | 20.66B | 18.14B |
| EBITDA | 7.14B | 6.67B | 927.00M | -2.82B | 8.80B | 6.26B |
| Net Income | -462.00M | 3.29B | -874.00M | -5.47B | 3.85B | 2.63B |
Balance Sheet | ||||||
| Total Assets | 87.58B | 85.03B | 86.99B | 89.89B | 103.89B | 92.02B |
| Cash, Cash Equivalents and Short-Term Investments | 12.55B | 9.02B | 11.48B | 12.68B | 18.16B | 23.57B |
| Total Debt | 6.54B | 6.23B | 6.13B | 6.92B | 12.22B | 10.94B |
| Total Liabilities | 27.15B | 23.12B | 27.45B | 27.83B | 36.78B | 31.65B |
| Stockholders Equity | 60.41B | 61.89B | 59.52B | 62.04B | 67.09B | 60.35B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 811.00M | 863.00M | 4.42B | -859.00M | 4.50B |
| Operating Cash Flow | 0.00 | 2.61B | 3.73B | 6.20B | 1.98B | 5.50B |
| Investing Cash Flow | 0.00 | -2.86B | -2.42B | -2.06B | -8.20B | -696.00M |
| Financing Cash Flow | 0.00 | -2.67B | -2.41B | -8.57B | -18.00M | -3.35B |
Okabe Co., Ltd. Technical Analysis
Okabe Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥44.21B | 6.66 | ― | 3.88% | 4.11% | 28.37% | |
73 Outperform | ¥52.82B | 7.92 | ― | 1.96% | 2.55% | -14.37% | |
73 Outperform | ¥29.95B | 9.70 | ― | 3.44% | -5.43% | 34.48% | |
69 Neutral | ¥42.38B | 13.42 | ― | 3.05% | -0.26% | 89.66% | |
68 Neutral | ¥50.11B | 20.04 | ― | 5.38% | -9.27% | -6.86% | |
67 Neutral | ¥34.38B | 9.10 | ― | 2.04% | -3.21% | -45.14% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Okabe Co., Ltd. Corporate Events
Okabe Co., Ltd. has decided to extend the duration of its stock-granting ESOP trust, an employee incentive and benefit plan first introduced in 2017 for employees of the company and the wider Okabe Group. Under the program, employees receive shares upon retirement based on job rank and other criteria, aiming to align their interests with the company’s medium- to long-term performance and share price.
The board-approved revision extends the ESOP trust period by one year, from March 31, 2026 to March 31, 2027, while maintaining the existing structure with Mitsubishi UFJ Trust and Banking Corporation as trustee and The Master Trust Bank of Japan as co-trustee. By continuing this scheme, Okabe reinforces its commitment to employee participation in management and long-term value creation, potentially strengthening retention, engagement and alignment between staff and shareholder interests.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. has approved a share buyback of up to 1.7 million common shares, representing 3.71% of its outstanding float, for a maximum total of ¥1.5 billion through market purchases on the Tokyo Stock Exchange between February 16 and July 24, 2026. The move is part of a broader plan to improve return on equity, lift its price-to-book ratio above 1.0, and enhance shareholder value in the final year of its medium-term plan, OX-2026, with total planned repurchases of up to ¥5.0 billion balancing capital efficiency with future strategic investments such as M&A.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. announced an update to its initiatives for implementing management that is more conscious of cost of capital and stock price, aiming to support sustainable growth and improve corporate value over the medium to long term. The move reflects ongoing efforts to align business management with shareholder returns and market expectations.
In conjunction with this update, the company disclosed a new M&A Basic Policy and its approach to cash allocation, indicating a more structured framework for capital deployment and strategic transactions. These disclosures also serve as an update to its medium-term management plan OX-2026, suggesting refinements in strategy that may influence future growth, capital efficiency and stakeholder perception.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. has announced planned changes to its executive lineup effective March 27, 2026, pending approval at its 82nd ordinary shareholders’ meeting and a subsequent board meeting. Two directors, including the managing executive officer in charge of the International Division and an outside director, will retire, while the head of the Administrative Division, Hisanori Ekawa, will be promoted to director and managing executive officer, and outside directors with academic and corporate governance backgrounds will continue to reinforce oversight.
The company will also realign its operating officer structure, promoting Ekawa to managing executive officer, appointing IT Strategy Office head Naoki Tokunaga as a new operating officer, and reassigning retiring operating officers to roles that maintain continuity in the International Division and General Affairs. This reshuffle suggests a strengthening of administrative and governance functions, as well as a greater emphasis on IT strategy and international operations, which may support Okabe’s long-term organizational stability and strategic execution.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. reported a recovery in earnings for the year ended December 31, 2025, with consolidated net sales rising 2.9% to ¥69.8 billion and operating profit up 13.5%, while profit attributable to owners of parent swung back into the black at ¥3.3 billion following a loss in the prior year. Financial health improved as the equity ratio climbed to 72.8% and net assets per share increased, although cash and cash equivalents declined due to negative investing and financing cash flows.
The company plans to raise annual dividends from ¥35.00 to ¥41.00 per share for fiscal 2025 and is forecasting a further increase to ¥42.00 in 2026, including a special dividend component, signaling a continued emphasis on shareholder returns. For fiscal 2026, Okabe projects steady growth with consolidated net sales expected to rise 3.9% and profit attributable to owners of parent to increase 12.6%, indicating confidence in sustaining moderate expansion despite recent changes in accounting policies and ongoing capital allocation to shareholders.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. has decided to extend its stock-granting ESOP trust, an employee incentive program first introduced in 2017 for employees of the company and its group, by one year until March 31, 2027. The program issues company shares to employees upon retirement based on job rank and other criteria, aiming to align staff interests with long-term corporate value and share price performance while enhancing the employee benefits system.
Under the extended trust framework, Okabe remains the trustor and Mitsubishi UFJ Trust and Banking Corp. continues as trustee with The Master Trust Bank of Japan as co-trustee, while a neutral trust administrator oversees voting-rights instructions that reflect employee interests. The move underscores Okabe’s commitment to sustained, performance-linked equity incentives, which may support employee engagement, corporate governance, and long-term value creation for stakeholders.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. has approved a new share buyback program under Article 459 of the Companies Act, authorizing the repurchase of up to 1.7 million common shares, or 3.71% of its outstanding stock, for a maximum of ¥1.5 billion between February 16 and July 24, 2026, via purchases on the Tokyo Stock Exchange. The move is part of its “OX-2026” Medium-Term Management Plan and a broader ¥5 billion repurchase framework aimed at improving ROE, lifting its P/B ratio above 1.0, enhancing capital efficiency, and strengthening shareholder returns while balancing future strategic investments, including potential M&A, against market valuation and cash allocation plans.
By linking the buyback to the final year of its transformation plan, Okabe signals a focus on optimizing its capital structure as strategic investments progress and financial targets come into view. The decision underscores management’s intention to proactively adjust capital policy in response to investment opportunities and share price levels, which may support the stock’s valuation and provide existing shareholders with improved per-share value through reduced share count and a clearer commitment to disciplined capital deployment.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. announced an update to its ongoing efforts to implement management practices that are explicitly conscious of cost of capital and stock price. The initiative is framed as part of the company’s drive for sustainable growth and enhancement of corporate value over the medium to long term, building on its existing medium-term management plan.
In conjunction with this update, Okabe disclosed a new M&A Basic Policy and outlined its approach to cash allocation, signaling a more structured framework for investment, portfolio management, and shareholder value considerations. The release positions these policies as refinements to the “OX-2026 Okabe Transformation 2026” medium-term plan, indicating a continued focus on capital efficiency and market-oriented management discipline.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. has announced planned changes to its executive lineup, to be formalized at the 82nd ordinary general meeting of shareholders on March 27, 2026, and a subsequent board meeting. The reshuffle includes the retirement of Director and Managing Executive Officer Toshihiko Mikami and Outside Director Kazuhisa Nishigai, with Mikami moving into the role of Operating Officer and Executive General Manager of the International Division.
Within the operating ranks, Director and Operating Officer Hisanori Ekawa will be promoted to Director and Managing Executive Officer in charge of the Administrative Division, while IT Strategy Office head Naoki Tokunaga is slated to become an Operating Officer. Operating Officers Yosuke Koto and Daikan Kobayashi will step down from those posts but continue in key roles, including Koto becoming Director and VP of U.S.-based OCM Manufacturing LLC, reflecting ongoing efforts to refresh leadership while maintaining continuity in core domestic and international operations.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. reported a recovery in profitability for the year ended December 31, 2025, with consolidated net sales rising 2.9% to ¥69.8 billion and operating profit up 13.5% to ¥4.8 billion, while profit attributable to owners of parent swung to ¥3.3 billion from a loss a year earlier. The company’s financial position improved, with the equity ratio climbing to 72.8%, cash and cash equivalents at ¥8.5 billion despite negative investing and financing cash flows, and management responding to the earnings rebound by raising the annual dividend to ¥41 per share for 2025 and forecasting further moderate growth in sales, profit, and dividends in 2026.
Non-consolidated results were softer, with net sales edging down 1.0% and operating profit falling 11.4%, but the parent company also returned to the black with ¥2.2 billion in profit, supporting its capacity to maintain shareholder payouts. Okabe reduced its total assets and treasury shares during the year, boosting net assets per share, and issued guidance for 2026 that projects continued incremental growth in revenue and profit, implying sustained but measured improvement in operational efficiency and returns to shareholders.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen989.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.
Okabe Co., Ltd. announced the completion of an independent auditor’s review of its consolidated financial results for the first nine months of the fiscal year ending December 31, 2025. The company reported a 3.3% increase in net sales and significant growth in operating and ordinary profits compared to the previous year, indicating a positive financial trajectory. This review was part of preparations for a secondary offering of shares, with no changes made to the previously announced financial statements, suggesting stability and confidence in its financial reporting.
The most recent analyst rating on (JP:5959) stock is a Hold with a Yen917.00 price target. To see the full list of analyst forecasts on Okabe Co., Ltd. stock, see the JP:5959 Stock Forecast page.