Yamashin-Filter Corp. (6240) AI Stock Analysis

• Market Cap: ¥39.87B
• Dividend Yield: 2.5%
• Average Volume (3M): 494.92K
• Price to Earnings (P/E): 23.0
• Beta (1Y): 1.60
• Revenue Growth: 11.54%
• EPS Growth: 121.02%
• Country: JP
• Employees: 755
• Sector: Industrials
• Sector Strength: 90
• Industry: Industrial - Machinery
• EPS (TTM): 6.96
• Shares Outstanding: 71,319,800
• 10 Day Avg. Volume: 380,150
• 30 Day Avg. Volume: 494,916
• PEG Ratio: 9.54
• Price to Book (P/B): 2.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -34.00
• 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

• Rating: 73 Outperform
• Price Target: ¥615.00 ▲(10.02%Upside)

Yamashin-Filter Corp. demonstrates strong financial performance, serving as a key strength with high profitability, stability, and efficient cash management. The technical analysis suggests caution due to short-term price weakness, while the valuation indicates fair market pricing. These factors collectively result in a moderate overall stock score.

Yamashin-Filter Corp. Business Overview & Revenue Model

Company Description

Yamashin-Filter Corp. (6240) is a Japanese company specializing in the design, manufacture, and sale of industrial filters. The company primarily serves sectors such as construction machinery, agricultural machinery, and industrial equipment. Its core products include hydraulic filters, air filters, and oil filters, which are essential components for maintaining the operational efficiency and longevity of various types of machinery.

How the Company Makes Money

Yamashin-Filter Corp. generates revenue by selling its range of industrial filters to manufacturers and operators in industries such as construction, agriculture, and industrial machinery. The company's revenue streams are primarily derived from the sale of its hydraulic, air, and oil filters, which are critical for the maintenance and performance of heavy equipment. Additionally, the company may engage in partnerships with machinery manufacturers to supply filters as part of OEM (Original Equipment Manufacturer) agreements, ensuring a steady demand for its products. Factors contributing to its earnings include the ongoing need for replacement filters due to wear and tear, as well as the expansion of the construction and agricultural sectors, which drive increased demand for machinery and, consequently, its filters.

Yamashin-Filter Corp. Financial Statement Overview

Summary

Yamashin-Filter Corp. showcases impressive financial performance with strong growth, profitability, and stability. The company's efficient operations, low leverage, and robust cash flow generation position it well within the industrial machinery sector. These strengths are reflected in high scores across the income statement, balance sheet, and cash flow, indicating a well-managed and financially sound company.

Income Statement

Yamashin-Filter Corp. exhibits strong revenue growth, with a 11.54% increase from 2024 to 2025. The company's gross profit margin stands at a robust 44.42%, and the net profit margin improved significantly to 8.57% in 2025. The EBIT and EBITDA margins are healthy at 13.08% and 16.39%, respectively, indicating efficient operations and solid profitability. These metrics highlight effective cost management and operational efficiency, contributing to a high income statement score.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.01, reflecting minimal leverage risk. The equity ratio is exceptionally high at 84.91%, indicating strong financial stability and a solid capital structure. Return on equity improved to 7.62% in 2025, showcasing effective utilization of equity to generate profits. These factors contribute to a very high balance sheet score.

Cash Flow

Yamashin-Filter Corp. demonstrates robust cash flow management, with a positive free cash flow growth rate of 3.61% from 2024 to 2025. The operating cash flow to net income ratio is solid at 1.60, indicating strong cash generation relative to net profits. The free cash flow to net income ratio is 1.36, reflecting sound financial health and the ability to sustain operations and investments. These metrics result in a high cash flow score.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
19.66B	20.10B	18.02B	18.61B	18.82B	14.59B
	Gross Profit
8.69B	8.93B	7.56B	7.31B	7.60B	5.80B
	EBIT
2.52B	2.63B	1.41B	1.24B	1.34B	-145.70M
	EBITDA
2.81B	3.29B	2.18B	1.73B	1.23B	1.69B
	Net Income Common Stockholders
1.38B	1.72B	786.58M	645.42M	47.09M	750.57M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.60B	6.01B	5.07B	4.11B	3.75B	7.23B
	Total Assets
26.30B	26.64B	25.94B	25.58B	26.71B	28.19B
	Total Debt
419.00M	319.53M	947.91M	1.41B	1.53B	2.53B
	Net Debt
-5.18B	-5.70B	-4.12B	-2.71B	-2.22B	-4.70B
	Total Liabilities
4.08B	4.02B	4.64B	4.60B	6.14B	7.51B
	Stockholders Equity
22.22B	22.62B	21.30B	20.98B	20.57B	20.68B
Cash Flow		Free Cash Flow
0.00	2.34B	2.26B	1.37B	-2.93B	-4.33B
	Operating Cash Flow
0.00	2.76B	2.63B	2.41B	289.63M	87.25M
	Investing Cash Flow
0.00	-529.65M	-541.01M	-1.17B	-2.28B	-4.40B
	Financing Cash Flow
0.00	-1.30B	-1.47B	-718.34M	-1.55B	3.21B

Yamashin-Filter Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 559.00
• 50DMA: Positive
• 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:6240, the sentiment is Positive. The current price of 559 is below the 20-day moving average (MA) of 572.75, above the 50-day MA of 537.32, and above the 200-day MA of 548.98, indicating a neutral trend. The MACD of 0.56 indicates Positive momentum. The RSI at 49.89 is Neutral, neither overbought nor oversold. The STOCH value of 22.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6240.

Yamashin-Filter Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6247	81 Outperform	¥37.70B	10.19		3.47%	12.21%	59.25%
6237	79 Outperform	¥54.21B	12.24		3.07%	2.75%	-0.10%
6309	78 Outperform	¥46.91B	11.19		3.22%	8.74%	28.43%
6240	73 Outperform	¥39.87B	22.99		2.50%	11.54%	121.02%
6245	71 Outperform	¥22.25B	24.65		6.07%	3.00%	-62.95%
Sector *	66 Neutral	$4.52B	12.34	5.41%	3.62%	4.15%	-12.18%
6279	45 Neutral	¥26.21B	―		1.00%	-8.22%	-157.11%

Yamashin-Filter Corp. Corporate Events

Yamashin-Filter Corp. Announces Share Repurchase Program

Yamashin-Filter Corp. has announced the repurchase of 586,300 of its own shares, amounting to ¥344,811,200, as part of a resolution made by its Board of Directors. This strategic move, executed through market purchases on the Tokyo Stock Exchange, is part of a broader plan to repurchase up to 2,130,100 shares, highlighting the company’s commitment to enhancing shareholder value.

Yamashin-Filter Corp. Announces Board Changes to Strengthen Governance

Yamashin-Filter Corp. has announced changes in its board of directors, with several reappointments and new appointments subject to approval at the upcoming shareholders’ meeting. This move reflects the company’s ongoing efforts to strengthen its governance and maintain its market position by ensuring experienced leadership and independent oversight.

Yamashin-Filter Corp. Announces Share Repurchase and Cancellation Plan

Yamashin-Filter Corp. has announced a strategic initiative to repurchase and cancel a portion of its common shares. This move aims to strengthen shareholder returns and improve capital efficiency, allowing the company to adapt to changes in the business environment. The repurchase will involve up to 2,130,100 shares, representing 3% of outstanding shares, with a maximum acquisition cost of ¥1.5 billion. The cancellation of these shares, scheduled for August 29, 2025, is expected to refine the company’s capital strategies.

Yamashin-Filter Corp. Proposes Changes to Director Compensation Plans

Yamashin-Filter Corp. announced revisions to its director remuneration and restricted stock compensation plans, seeking shareholder approval at the upcoming general meeting. The proposed changes aim to increase director remuneration to 500 million yen and enhance the restricted stock plan to align directors’ interests with long-term corporate value growth, potentially impacting the company’s strategic direction and stakeholder engagement.

Yamashin-Filter Corp. Announces Dividend Payout from Retained Earnings

Yamashin-Filter Corp. announced a dividend payout from retained earnings, with a record date of March 31, 2025, approved by the Board of Directors. The annual dividend for the fiscal year ending March 2025 will be 12 yen per share, reflecting a commitment to shareholder returns while balancing strategic investments for future growth.

Yamashin-Filter Corp. Reports Strong Financial Performance for FY2025

Yamashin-Filter Corp. reported a significant improvement in its financial performance for the fiscal year ended March 31, 2025, with a notable increase in net sales and profits compared to the previous year. The company achieved an 11.5% increase in net sales and a substantial rise in operating and ordinary profits, reflecting strong operational efficiency and market demand. The improved financial results have enabled the company to increase its dividend payout, indicating a positive outlook for shareholders and reinforcing its strong market position.

Yamashin-Filter Corp. Reports Strong Financial Growth for FY 2025

Yamashin-Filter Corp. reported a significant increase in its financial performance for the fiscal year ended March 31, 2025, with net sales rising by 11.5% and profit attributable to owners of the parent increasing by 119.1%. The company also announced a substantial increase in dividends, reflecting its strong financial position and commitment to returning value to shareholders.

Yamashin-Filter Corp. Revises Business Strategy in China

Yamashin-Filter Corp. has decided to maintain its existing subsidiary in China, Yamashin Filter (SIP) Inc., as a sales base instead of dissolving it, which was previously planned. The newly established subsidiary, Yamashin Filter (Shanghai) Co., Ltd., will be dissolved and liquidated due to a more rational approach after reviewing China’s corporate and tax laws. This restructuring is expected to have minimal impact on the company’s financial results for the year ending March 2026.