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Hanshin Diesel Works, Ltd. (JP:6018)
:6018
Japanese Market
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Hanshin Diesel Works, Ltd. (6018) AI Stock Analysis

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JP:6018

Hanshin Diesel Works, Ltd.

(6018)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
¥6,102.00
▲(39.47% Upside)
Action:Upgraded
Date:05/20/26
The score is driven primarily by strong financial stability (very low leverage) and positive technical trend (price above major moving averages). Offsetting these positives are uneven cash flow quality in the latest year and only moderate valuation support (P/E ~14 and ~1.47% yield).
Positive Factors
Strong Balance Sheet
Near-zero debt and rising equity give the company durable financial flexibility. Low leverage reduces refinancing and solvency risk, enabling steady investment in product development, servicing capacity and cyclically-timed capex without forcing distress sales or dilutive financing over the next several months.
Negative Factors
Volatile Cash Flow & Negative FCF
Lumpy and declining cash conversion undermines predictability for capex, dividends and share repurchases. Even with low leverage, recurring negative free cash flow years raise financing and reinvestment risk, making multi-quarter strategic initiatives harder to sustain without drawing on reserves.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Balance Sheet
Near-zero debt and rising equity give the company durable financial flexibility. Low leverage reduces refinancing and solvency risk, enabling steady investment in product development, servicing capacity and cyclically-timed capex without forcing distress sales or dilutive financing over the next several months.
Read all positive factors

Hanshin Diesel Works, Ltd. (6018) vs. iShares MSCI Japan ETF (EWJ)

Hanshin Diesel Works, Ltd. Business Overview & Revenue Model

Company Description
Operating globally from its headquarters in Kobe, Japan, The Hanshin Diesel Works, Ltd. specializes in the production and distribution of marine engines and propulsion systems. The company's diverse engine portfolio encompasses low-speed four-stro...
How the Company Makes Money
Hanshin Diesel Works makes money primarily by selling marine diesel engines and associated equipment to shipbuilders and vessel owners/operators, generating revenue at the point of delivery/installation of new engines (newbuild and replacement/ret...

Hanshin Diesel Works, Ltd. Financial Statement Overview

Summary
Strong, low-risk balance sheet (near-zero debt and rising equity) supports a high-quality financial base, but overall performance is held back by volatile cash flow (sharp drop in operating cash flow and negative free cash flow in the latest year) and some recent revenue softness and margin compression.
Income Statement
68
Positive
Balance Sheet
90
Very Positive
Cash Flow
52
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue14.41B14.03B13.34B9.64B9.06B10.14B
Gross Profit2.42B2.93B2.38B2.11B2.15B2.17B
EBITDA950.15M1.40B1.04B911.43M848.56M818.41M
Net Income458.74M736.03M536.29M456.10M406.74M394.04M
Balance Sheet
Total Assets24.66B25.80B25.00B22.75B21.17B19.93B
Cash, Cash Equivalents and Short-Term Investments5.10B4.84B5.57B5.00B5.62B5.35B
Total Debt268.18M21.88M29.80M31.73M31.73M10.10M
Total Liabilities9.96B10.17B10.20B8.34B7.32B6.46B
Stockholders Equity14.70B15.63B14.80B14.42B13.85B13.47B
Cash Flow
Free Cash Flow0.00-136.80M1.16B261.84M677.43M645.28M
Operating Cash Flow0.00414.18M1.59B1.10B1.18B892.58M
Investing Cash Flow0.00-682.80M-6.56M-2.25B-777.75M667.89M
Financing Cash Flow0.00-353.10M-207.35M-172.11M-132.48M-118.08M

Hanshin Diesel Works, Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price4375.00
Price Trends
50DMA
5590.20
Positive
100DMA
5303.62
Positive
200DMA
4447.95
Positive
Market Momentum
MACD
-40.23
Negative
RSI
50.58
Neutral
STOCH
86.59
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6018, the sentiment is Positive. The current price of 4375 is below the 20-day moving average (MA) of 5526.50, below the 50-day MA of 5590.20, and below the 200-day MA of 4447.95, indicating a bullish trend. The MACD of -40.23 indicates Negative momentum. The RSI at 50.58 is Neutral, neither overbought nor oversold. The STOCH value of 86.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6018.

Hanshin Diesel Works, Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
¥71.72B13.062.63%2.11%0.91%
74
Outperform
¥19.21B26.112.78%5.18%37.10%
70
Outperform
¥65.13B11.0011.47%1.88%-0.81%28.72%
65
Neutral
¥247.26B18.378.17%2.04%4.34%98.54%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
62
Neutral
¥72.02B12.393.09%7.43%47.87%
61
Neutral
¥65.48B13.740.55%2.93%10.00%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6018
Hanshin Diesel Works, Ltd.
5,930.00
2,816.72
90.47%
JP:6023
Daihatsu Diesel Mfg Co
2,561.00
373.43
17.07%
JP:6376
Nikkiso Co., Ltd.
4,050.00
2,783.36
219.74%
JP:6016
Japan Engine Corp
7,800.00
1,084.19
16.14%
JP:6363
Torishima Pump Mfg.Co., Ltd.
2,797.00
822.44
41.65%
JP:6517
Denyo Co., Ltd.
3,610.00
879.24
32.20%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 20, 2026