Yamashin-Filter Corp. (6240) AI Stock Analysis

• Market Cap: ¥38.12B
• Dividend Yield: 2.53%
• Average Volume (3M): 416.86K
• Price to Earnings (P/E): 21.1
• Beta (1Y): 1.66
• Revenue Growth: 6.56%
• EPS Growth: 23.98%
• Country: JP
• Employees: 755
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 69,938,480
• 10 Day Avg. Volume: 396,670
• 30 Day Avg. Volume: 416,863
• PEG Ratio: 0.20
• Price to Book (P/B): 1.80
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 17.43
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ¥575.00 ▼(-25.90% Downside)
• Action: Downgraded Date: 11/07/25
• Date: Action: Downgraded 11/07/25

Yamashin-Filter Corp. receives a moderate overall stock score of 61. The company's strong financial performance is a significant positive factor, reflecting robust growth, profitability, and stability. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation, which tempers the overall score. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Positive Factors

Balance sheet strength

Extremely low leverage and an equity ratio near 85% provide durable financial flexibility. This capital structure reduces refinancing and solvency risk through industry cycles, supports investment in product development or capacity, and preserves the firm's ability to sustain operations during downturns.

Cash generation

Consistent positive free cash flow and operating cash conversion indicate the business reliably turns profits into cash. This sustained cash generation supports capex, aftermarket inventory, dividends, and selective M&A without relying on external debt, underpinning long-term financial resilience.

Profitability and revenue momentum

High gross margins and solid operating profitability show structural cost advantages and pricing power in filtration components. Combined with double-digit annual revenue improvement, this points to durable operational efficiency and market demand that can sustain cash flow and reinvestment over multiple quarters.

Negative Factors

End-market cyclicality

Revenue is structurally tied to construction and industrial equipment cycles; OEM production slowdowns or capex cuts reduce new-install sales and aftermarket volume. This exposure can produce multi-quarter earnings volatility even if the firm remains operationally strong.

Limited investor communications / guidance

Absence of regular earnings calls or forward guidance limits transparency and investor visibility into demand trends and management plans. Over the medium term, weaker disclosure can hamper market confidence and make it harder to assess execution on strategic investments or cyclical recovery.

Modest ROE

ROE under 8% suggests the company generates only moderate returns on shareholder capital. While improving, this level may constrain long-term shareholder returns versus higher-return peers and implies capital deployment has room for efficiency gains to better convert strong balance sheet and cash flow into elevated profitability.

Yamashin-Filter Corp. Business Overview & Revenue Model

Company Description

Yamashin-Filter Corp. (6240) is a leading Japanese company specializing in the production and development of filtration systems and related products. Operating primarily in the industrial and environmental sectors, the company offers a wide range of advanced filtration solutions, including air and liquid filters, for various applications such as automotive, manufacturing, and energy. Yamashin-Filter is committed to innovation and sustainability, ensuring its products meet rigorous quality standards while addressing the increasing demand for efficient filtration technologies.

How the Company Makes Money

Yamashin-Filter Corp. generates revenue primarily through the sale of its filtration products to various industries, including automotive, manufacturing, and energy sectors. The company has developed a diversified revenue model that includes direct sales, long-term contracts, and partnerships with key players in its target markets. Significant revenue streams come from both domestic and international sales, with a focus on expanding its global presence. Additionally, the company may benefit from providing maintenance services and aftermarket support for its filtration systems, which can create recurring revenue opportunities. Strategic partnerships with other manufacturers and suppliers also contribute to its earnings by enhancing product offerings and market reach.

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 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	20.38B	20.10B	18.02B	18.61B	18.82B	14.59B
Gross Profit	9.07B	8.93B	7.56B	7.31B	7.60B	5.80B
EBITDA	3.37B	3.29B	1.92B	1.73B	1.23B	1.69B
Net Income	1.75B	1.72B	786.58M	645.42M	47.09M	750.57M
Balance Sheet
Total Assets	26.68B	26.64B	25.94B	25.58B	26.71B	28.19B
Cash, Cash Equivalents and Short-Term Investments	5.71B	6.01B	5.07B	5.07B	4.11B	3.75B
Total Debt	1.26B	319.53M	947.91M	1.41B	1.53B	2.53B
Total Liabilities	4.96B	4.02B	4.64B	4.60B	6.14B	7.51B
Stockholders Equity	21.73B	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: Negative
• Last Price: 776.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 776 is above the 20-day moving average (MA) of 610.35, above the 50-day MA of 604.66, and above the 200-day MA of 635.84, indicating a bearish trend. The MACD of -9.65 indicates Positive momentum. The RSI at 32.51 is Neutral, neither overbought nor oversold. The STOCH value of 21.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6240.

Yamashin-Filter Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6384	73 Outperform	¥11.21B	16.36	―	4.76%	41.13%	535.42%
6277	72 Outperform	¥98.71B	27.66	―	2.16%	-8.71%	-17.77%
6376	70 Outperform	¥145.30B	11.54	8.17%	2.04%	1.48%	58.59%
6363	70 Outperform	¥68.67B	14.58	―	3.09%	6.35%	-34.20%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6240	61 Neutral	¥38.12B	21.09	―	2.53%	6.56%	23.98%
5942	56 Neutral	¥12.29B	-15.33	―	5.25%	-6.68%	-28.64%

Yamashin-Filter Corp. Corporate Events

Yamashin-Filter Releases Q3 FY2025 Financial Results

Yamashin-Filter Corp. has released its financial results for the third quarter of fiscal year 2025, which ends in March 2026. The announcement, presented as an executive summary, signals a milestone in the company’s progression toward its “next stage,” highlighting Q3 performance as a key reference point for investors and other stakeholders.

While detailed figures are not disclosed in the release text provided, the timing and framing of the Q3 FY2025 results emphasize the company’s intent to communicate its ongoing operational and financial trajectory. As a Prime Market-listed issuer, these quarterly disclosures contribute to transparency and support valuation assessments in the filtration and industrial components sector.

The most recent analyst rating on (JP:6240) stock is a Hold with a Yen706.00 price target. To see the full list of analyst forecasts on Yamashin-Filter Corp. stock, see the JP:6240 Stock Forecast page.

Yamashin-Filter Flags Q3 FY2025 Results Header With Few Details

Yamashin-Filter Corp. released a brief notice referencing its Q3 FY2025 financial results for the fiscal year ending March 2026. The document, dated February 13, 2026, appears to serve as an executive summary header, but it contains no quantitative data, strategic commentary, or operational details, leaving the implications for performance and stakeholders unclear.

The most recent analyst rating on (JP:6240) stock is a Hold with a Yen706.00 price target. To see the full list of analyst forecasts on Yamashin-Filter Corp. stock, see the JP:6240 Stock Forecast page.

Yamashin-Filter Lifts Earnings, Keeps Forecast and Raises Dividend

Yamashin-Filter reported consolidated net sales of ¥15.6 billion for the nine months ended December 31, 2025, up 4.4% year on year, while operating profit slipped 3.4% to ¥1.98 billion and ordinary profit fell 7.4% to ¥1.94 billion. Profit attributable to owners of parent rose 7.4% to ¥1.32 billion, with basic earnings per share increasing to ¥18.90 and the equity ratio remaining high at 82.8%.

The company maintained a solid financial position, with total assets of ¥27.0 billion and net assets of ¥22.4 billion, and confirmed its dividend plan of ¥18 per share for the full fiscal year ending March 31, 2026, up from ¥12 in the previous year. It left its full-year forecast unchanged, projecting net sales of ¥20.84 billion, operating profit of ¥2.87 billion, and a 14.3% rise in profit attributable to owners of parent to ¥1.97 billion, signaling continued confidence in earnings growth and enhanced shareholder returns despite some profit margin pressure.

The most recent analyst rating on (JP:6240) stock is a Hold with a Yen706.00 price target. To see the full list of analyst forecasts on Yamashin-Filter Corp. stock, see the JP:6240 Stock Forecast page.

Yamashin-Filter Lifts Dividend as Nine-Month Profit Edges Higher Despite Margin Pressure

Yamashin-Filter reported consolidated net sales of ¥15.6 billion for the nine months ended December 31, 2025, a 4.4% year-on-year increase, while operating profit slipped 3.4% to ¥1.98 billion and ordinary profit fell 7.4% to ¥1.94 billion. Profit attributable to owners of parent rose 7.4% to ¥1.32 billion, basic earnings per share climbed to ¥18.90, and the equity-to-asset ratio remained high at 82.8%, indicating solid financial stability.

The company raised its interim dividend to ¥8 per share and plans a full-year dividend of ¥18, up from ¥12 in the previous fiscal year, underscoring a stronger shareholder return policy. For the full year ending March 31, 2026, Yamashin-Filter forecasts net sales of ¥20.84 billion and a 14.3% rise in profit attributable to owners of parent to ¥1.97 billion, suggesting confidence in earnings growth despite recent pressure on margins.

The most recent analyst rating on (JP:6240) stock is a Hold with a Yen706.00 price target. To see the full list of analyst forecasts on Yamashin-Filter Corp. stock, see the JP:6240 Stock Forecast page.