Okada Aiyon Corporation (JP:6294)
:6294
Want to see JP:6294 full AI Analyst Report?
Top Page
Okada Aiyon Corporation
(6294)
Select Model
Select Model
Rating:52Neutral
Price Target:
¥2,030.00
▼(-11.93% Downside)
Action:Downgraded
Date:05/16/26
The score is weighed down primarily by weak cash flow (negative operating and free cash flow in recent years) and a sharp increase in leverage, alongside bearish technical signals (below major moving averages and negative MACD). These are partially offset by solid underlying profitability trends and a relatively attractive valuation (moderate P/E and ~3.7% dividend yield).
Positive Factors
Durable gross margins
Gross margins near 29–30% have been sustained across years, indicating durable product-level profitability and pricing power in demolition equipment. This margin base supports investment in R&D, aftermarket capabilities and can cushion cyclical revenue swings over a 2–6 month horizon and beyond.
Negative Factors
Weak cash conversion
Repeated negative operating cash flow and deeply negative free cash flow in 2025–2026 indicate the business consumes cash despite accounting profits. This undermines self-funding ability, heightens reliance on external financing and constrains durable investment or dividend capacity over coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Durable gross margins
Gross margins near 29–30% have been sustained across years, indicating durable product-level profitability and pricing power in demolition equipment. This margin base supports investment in R&D, aftermarket capabilities and can cushion cyclical revenue swings over a 2–6 month horizon and beyond.
Read all positive factors
Okada Aiyon Corporation (6294) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥15.73B
Dividend Yield3.29%
Average Volume (3M)18.31K
Price to Earnings (P/E)11.8
Beta (1Y)0.89
Revenue Growth1.54%
EPS Growth0.97%
CountryJP
Employees491
SectorIndustrials
Sector Strength72
IndustryAgricultural - Machinery
Share Statistics
EPS (TTM)171.98
Shares Outstanding8,378,700
10 Day Avg. Volume18,490
30 Day Avg. Volume18,310
Financial Highlights & Ratios
PEG Ratio11.93
Price to Book (P/B)0.97
Price to Sales (P/S)0.65
P/FCF Ratio-5.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)234.05
Revenue Forecast (FY)¥29.73B
Okada Aiyon Corporation Business Overview & Revenue Model
Company Description
Okada Aiyon Corporation manufactures, sells, and repairs construction machines primarily in Japan. Its products include hydraulic breakers; demolition pulverizers; demolition crusher/shear comprising cross cutters, cutters, and primary crushers; r...
How the Company Makes Money
Okada Aiyon generates revenue primarily by selling construction and demolition machinery and related attachments to customers such as demolition contractors, construction companies, and equipment dealers. A key revenue stream is product sales (e.g...
Okada Aiyon Corporation Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
60
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.55B | 26.99B | 26.58B | 27.10B | 23.58B | 20.31B |
| Gross Profit | 7.88B | 7.99B | 7.86B | 8.15B | 6.79B | 5.97B |
| EBITDA | 2.73B | 2.96B | 3.01B | 3.50B | 2.66B | 2.29B |
| Net Income | 1.39B | 1.49B | 1.48B | 1.89B | 1.41B | 1.19B |
Balance Sheet | ||||||
| Total Assets | 35.42B | 39.98B | 35.99B | 34.01B | 30.68B | 25.52B |
| Cash, Cash Equivalents and Short-Term Investments | 4.90B | 5.52B | 4.85B | 4.47B | 3.12B | 3.60B |
| Total Debt | 12.69B | 17.38B | 12.74B | 10.52B | 9.58B | 6.48B |
| Total Liabilities | 18.82B | 21.90B | 18.76B | 17.99B | 16.72B | 12.97B |
| Stockholders Equity | 16.60B | 18.08B | 17.24B | 16.02B | 13.96B | 12.54B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -3.43B | -1.23B | 1.22B | -1.77B | -684.16M |
| Operating Cash Flow | 0.00 | -190.85M | -7.80M | 2.01B | -658.20M | 969.98M |
| Investing Cash Flow | 0.00 | -3.09B | -1.13B | -1.29B | -2.57B | -1.62B |
| Financing Cash Flow | 0.00 | 4.07B | 1.48B | 382.97M | 2.77B | -111.69M |
Okada Aiyon Corporation Technical Analysis
Negative
2305.00
Price Trends
2201.62
Negative
2254.18
Negative
2113.12
Negative
Market Momentum
-56.77
Positive
24.36
Positive
2.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6294, the sentiment is Negative. The current price of 2305 is above the 20-day moving average (MA) of 2163.90, above the 50-day MA of 2201.62, and above the 200-day MA of 2113.12, indicating a bearish trend. The MACD of -56.77 indicates Positive momentum. The RSI at 24.36 is Positive, neither overbought nor oversold. The STOCH value of 2.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6294.
Okada Aiyon Corporation Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ¥319.97B | 18.05 | ― | 2.99% | 5.65% | 11.14% | |
73 Outperform | ¥47.99B | 72.92 | ― | 2.76% | 10.97% | 17.25% | |
70 Outperform | ¥3.03T | 9.53 | 7.55% | 2.22% | 5.51% | 12.24% | |
69 Neutral | ¥5.59T | 12.74 | ― | 4.06% | 0.69% | -12.55% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | ¥1.04T | 16.50 | 9.16% | 3.98% | 2.49% | -10.13% | |
52 Neutral | ¥15.73B | 11.77 | ― | 3.29% | 1.54% | 0.97% |
* Industrials Sector Average
JP:6294
Okada Aiyon Corporation
1,930.00
181.77
10.40%
JP:6305
Hitachi Construction Machinery Co
4,987.00
826.70
19.87%
JP:6326
Kubota
2,702.00
1,165.53
75.86%
JP:6289
Giken Ltd.
1,852.00
505.24
37.52%
JP:6301
Komatsu Ltd.
6,164.00
1,978.78
47.28%
JP:6432
Takeuchi Mfg.Co., Ltd.
6,830.00
2,361.30
52.84%
Okada Aiyon Corporation Corporate Events
Okada Aiyon to Introduce Twice-Yearly Dividends From FY2027
May 14, 2026
Okada Aiyon Corporation has announced a change to its dividend policy, shifting from a single year-end dividend to twice-yearly payments starting with the fiscal year ending March 31, 2027. The interim dividend record date will be September 30 eac...
Okada Aiyon Launches “Onyx” Medium-Term Plan Targeting Higher Profitability and ROE
May 14, 2026
Okada Aiyon Corporation has unveiled a new three-year medium-term business plan, dubbed “Onyx,” covering fiscal years 2026 to 2028 as a stepping stone toward its long-term “VISION30” targets for 2030. The plan shifts emphas...
Okada Aiyon Posts Stable Earnings on Modest Sales Growth for FY3/26
May 14, 2026
Okada Aiyon Corporation reported net sales of 26,991 million yen for the fiscal year ended March 2026, a modest 1.5% increase year on year, while operating profit edged down 0.8% to 2,261 million yen, reflecting a slight squeeze on margins. Ordina...
Okada Aiyon posts higher sales and profit as assets grow despite weaker cash flow
May 14, 2026
Okada Aiyon Corporation reported a modest 1.5% rise in net sales to ¥26.99 billion for the fiscal year ended March 2026, while operating profit edged down 0.8% to ¥2.26 billion, and profit attributable to owners of parent increased 1.1% ...
Okada Aiyon to Introduce Semiannual Dividends, Slightly Lifting Payout
May 14, 2026
Okada Aiyon Corporation will shift from paying dividends only at fiscal year-end to a semiannual dividend schedule starting with the year ending March 31, 2027. The board-approved move is intended to increase opportunities to return profits to sha...
Okada Aiyon Launches “Onyx” Medium-Term Plan to Drive Profitable Growth
May 14, 2026
Okada Aiyon Corporation has unveiled a new three-year medium-term business plan, dubbed “Onyx,” running from FY2026 to FY2028 as a stepping stone toward its long-term “VISION30” targets for 2030. The plan aims to shift the ...
Okada Aiyon Posts Modest Revenue and Profit Growth for FY3/26
May 14, 2026
Okada Aiyon Corporation reported net sales of 26,991 million yen for the fiscal year ending March 2026, a 1.5% year-on-year increase, alongside operating profit of 2,261 million yen and ordinary profit of 2,343 million yen. Profit attributable to ...
Okada Aiyon Posts Higher Sales and Stable Profits Amid Increased Investment in FY2026
May 14, 2026
Okada Aiyon Corporation reported a slight 1.5% year-on-year increase in net sales to ¥26,991 million for the fiscal year ended March 2026, with operating profit edging down 0.8% to ¥2,261 million but ordinary profit rising 4.7% to ¥...
Okada Aiyon Reshapes Board and Executive Team to Strengthen Sales and Governance
Apr 15, 2026
Okada Aiyon Corporation announced a reshuffling of its leadership, promoting long-time executive Noboru Takahashi, currently Executive Officer and Head of the Sales Division, to the role of Director while retaining his responsibility for sales. Th...
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.