Disco (6146) AI Stock Analysis

• Market Cap: ¥7.08T
• Dividend Yield: 0.79%
• Average Volume (3M): 4.03M
• Price to Earnings (P/E): 35.6
• Beta (1Y): 1.42
• Revenue Growth: 13.45%
• EPS Growth: 20.37%
• Country: JP
• Employees: 4,886
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 338.72
• Shares Outstanding: 108,478,030
• 10 Day Avg. Volume: 3,686,180
• 30 Day Avg. Volume: 4,033,456
• PEG Ratio: 0.55
• Price to Book (P/B): 6.58
• Price to Sales (P/S): 8.24
• P/FCF Ratio: 61.81
• 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: ¥69,738.56
• Price Target Upside: 6.65% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 1,205.01
• Revenue Forecast (FY): ¥426.14B

• Rating: 75 Outperform
• Price Target: ¥84,274.00 ▲(28.88% Upside)
• Action: Reiterated Date: 01/23/26
• Date: Action: Reiterated 01/23/26

The score is driven primarily by outstanding profitability and a very low-risk, debt-free balance sheet. Strong technical uptrend supports the rating, but overbought indicators and a rich valuation (high P/E with a low yield) meaningfully temper the overall score.

Positive Factors

Exceptional Profitability

Disco's very high margins and strong ROE reflect durable pricing power and operational efficiency. Structural profitability supports sustained reinvestment in process R&D and product quality, providing a long-term buffer against cyclical revenue swings and enabling high returns on capital.

Negative Factors

Slowing Revenue Growth

Top-line growth decelerated materially versus earlier periods, indicating nearer-term demand weakness or market saturation. Slower revenue expansion reduces room to scale operating leverage, raises execution risk for maintaining margins, and narrows the runway for new product rollouts over the next several quarters.

Disco Business Overview & Revenue Model

Company Description

Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. The company's precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surfa...

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Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationally. The company's precision machines include dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surfa...

How the Company Makes Money

Disco Corporation primarily generates revenue through the sale of its precision processing equipment and consumables. The company's key revenue streams include the sale of dicing saws, grinders, and polishing machines, which are critical for semic...

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Disco Corporation primarily generates revenue through the sale of its precision processing equipment and consumables. The company's key revenue streams include the sale of dicing saws, grinders, and polishing machines, which are critical for semic...

Disco Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	400.43B	393.31B	307.55B	284.13B	253.78B	182.86B
Gross Profit	281.02B	277.45B	208.60B	184.47B	153.97B	106.83B
EBITDA	178.39B	180.34B	125.61B	123.16B	100.80B	60.25B
Net Income	123.94B	123.89B	84.21B	82.89B	66.21B	39.09B
Balance Sheet
Total Assets	620.08B	654.09B	560.42B	472.69B	404.54B	329.03B
Cash, Cash Equivalents and Short-Term Investments	198.50B	229.17B	215.49B	163.05B	125.77B	109.81B
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	135.16B	161.38B	153.85B	124.65B	110.73B	76.67B
Stockholders Equity	484.62B	492.36B	406.37B	347.80B	293.54B	252.14B
Cash Flow
Free Cash Flow	0.00	52.41B	81.31B	67.58B	40.08B	35.68B
Operating Cash Flow	0.00	120.36B	97.52B	81.78B	83.65B	56.71B
Investing Cash Flow	0.00	-68.00B	-16.40B	-13.08B	-43.59B	-13.11B
Financing Cash Flow	0.00	-38.15B	-30.94B	-32.09B	-27.19B	-15.82B

Disco Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 65390.00
• 50DMA: Negative
• 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:6146, the sentiment is Neutral. The current price of 65390 is below the 20-day moving average (MA) of 71197.50, below the 50-day MA of 69428.20, and above the 200-day MA of 51090.67, indicating a neutral trend. The MACD of -760.04 indicates Positive momentum. The RSI at 41.91 is Neutral, neither overbought nor oversold. The STOCH value of 22.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6146.

Disco Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6920	81 Outperform	¥2.87T	25.03	53.12%	1.11%	32.51%	57.19%
8035	79 Outperform	¥17.93T	33.18	26.01%	1.79%	16.74%	16.03%
7735	78 Outperform	¥1.75T	15.60	21.73%	2.29%	11.29%	11.38%
7729	77 Outperform	€581.00B	24.84	12.66%	2.28%	9.53%	-11.17%
6146	75 Outperform	¥7.08T	35.55	25.78%	0.79%	13.45%	20.37%
6525	62 Neutral	¥1.26T	44.15	―	0.73%	10.98%	6.51%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Disco Corporate Events