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Harmonic Drive Systems
(OTC:6324)
Harmonic Drive Systems (6324) vs. iShares MSCI Japan ETF (EWJ)
Harmonic Drive Systems Business Overview & Revenue Model
Harmonic Drive Systems Financial Statement Overview
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 55.65B | 55.80B | 71.53B | 57.09B | 37.03B |
| Gross Profit | 14.85B | 15.61B | 25.79B | 22.43B | 12.58B |
| EBITDA | 13.03B | -17.07B | 19.94B | 17.40B | 8.52B |
| Net Income | 3.47B | -24.81B | 7.60B | 6.64B | 662.50M |
Balance Sheet | |||||
| Total Assets | 113.62B | 119.14B | 154.34B | 143.29B | 140.03B |
| Cash, Cash Equivalents and Short-Term Investments | 24.95B | 20.36B | 20.81B | 19.93B | 21.16B |
| Total Debt | 20.74B | 23.81B | 27.37B | 20.91B | 9.50B |
| Total Liabilities | 34.68B | 39.74B | 50.38B | 44.43B | 29.97B |
| Stockholders Equity | 78.94B | 79.40B | 103.96B | 98.86B | 102.89B |
Cash Flow | |||||
| Free Cash Flow | 2.63B | 7.42B | 1.78B | 5.07B | 8.17B |
| Operating Cash Flow | 7.52B | 12.73B | 10.85B | 9.88B | 9.56B |
| Investing Cash Flow | 1.48B | -5.95B | -8.66B | -19.49B | -4.18B |
| Financing Cash Flow | -5.87B | -8.12B | -1.60B | 8.12B | -3.61B |
Harmonic Drive Systems Technical Analysis
Harmonic Drive Systems Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $10.70B | 16.30 | 6.50% | 2.13% | 2.67% | -20.48% | |
54 Neutral | $243.55B | 64.62 | 4.73% | 0.79% | 4.38% | ― | |
| ― | $1.81B | 17.90 | 6.44% | 2.41% | ― | ― | |
| ― | €4.12B | 35.44 | 10.57% | ― | ― | ― | |
| ― | $1.88B | 17.09 | 5.54% | ― | ― | ― | |
| ― | $2.51B | 22.90 | 4.68% | 3.24% | ― | ― | |
| ― | $2.83B | 1,101.46 | -0.47% | 3.14% | ― | ― |
Harmonic Drive Systems Corporate Events
Harmonic Drive Systems Inc. has revised its financial results and dividend forecasts for the fiscal year ending March 31, 2026. The company anticipates net sales of 57,000 million yen and a profit attributable to owners of the parent of 1,300 million yen. The revision comes amid uncertainties related to U.S. tariff policies, but the company expects limited direct impact due to its local manufacturing capabilities in the U.S. The dividend forecast has been set at 20 yen per share, reflecting the company’s commitment to stable shareholder returns despite challenging business conditions.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems reported a modest increase in net sales for the quarter ending June 30, 2025, with a 3.8% rise compared to the previous year. However, the company experienced a slight loss attributable to the owners, indicating ongoing challenges despite improved sales figures. The financial forecast for the fiscal year ending March 31, 2026, anticipates continued growth in net sales and operating profit, suggesting a cautiously optimistic outlook. The company’s capital adequacy ratio improved slightly, reflecting a stable financial position, but comprehensive income showed a significant decline, highlighting potential areas of concern for stakeholders.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. reported a modest increase in net sales for the three months ending June 30, 2025, with a 3.8% rise compared to the previous year. Despite the increase in sales, the company faced a loss attributable to owners of the parent, reflecting ongoing challenges in the market. The company has revised its financial forecasts for the fiscal year ending March 31, 2026, indicating a cautious outlook with expected growth in net sales and profits, albeit with a significant decrease in profit attributable to owners of the parent.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. has completed the payment procedure for the disposal of 28,137 treasury shares as part of a restricted share-based remuneration plan for its directors. This move, resolved in a recent board meeting, reflects the company’s strategic approach to align management incentives with shareholder interests, potentially impacting its governance and financial strategies.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. has announced the disposal of 28,137 treasury shares as part of a restricted share-based remuneration plan for its directors, excluding outside directors. This initiative aims to align the interests of directors with shareholders by sharing the benefits and risks associated with stock price changes, thereby motivating directors to enhance the company’s long-term performance and value.
The most recent analyst rating on (JP:6324) stock is a Buy with a Yen5000.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. has completed the repurchase of 77,400 treasury shares, amounting to 230,308,400 yen, as part of a broader initiative approved by the Board of Directors. This strategic move, executed through market purchases on the Tokyo Stock Exchange, is part of the company’s efforts to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (JP:6324) stock is a Buy with a Yen5000.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. announced the finalized financial results for its unlisted parent company, KODEN Holdings Co., Ltd., for the fiscal year ending March 31, 2025. The announcement highlights the shareholder composition and the status of major shareholders, providing insights into the ownership structure and governance of the parent company. This information may impact stakeholders’ understanding of the company’s strategic direction and control.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. announced that it maintains full autonomy in its operations despite KODEN Holdings Co., Ltd. holding a significant voting stake. The company ensures no operational constraints or inter-company personnel connections with KODEN Holdings, allowing it to independently manage its business and decision-making processes.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. announced corrections to its previously released consolidated financial results for the fiscal year ended March 31, 2025. The corrections pertain to segment information, specifically adjustments in segment assets, but do not affect the overall consolidated financial statements. These changes reflect a reallocation of segment assets and inter-segment eliminations, impacting the company’s reported financials for different geographic regions.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. announced the repurchase of 83,200 treasury shares for 283,556,500 yen as part of a broader plan approved in January 2025. This strategic move, executed through market purchases on the Tokyo Stock Exchange, is part of a larger initiative to repurchase up to 400,000 shares, aiming to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a slight decline in net sales by 0.3% compared to the previous year. Despite challenges in operating and ordinary profits, the company achieved a profit attributable to owners of the parent of ¥3,473 million, recovering from a significant loss the previous year. The company’s equity ratio improved to 69.5%, indicating a stronger financial position. Dividends remained consistent at ¥20.00 per share, with a payout ratio of 54.7%. The forecast for the first half of the fiscal year ending March 31, 2026, anticipates a modest increase in net sales by 1.7%.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. has announced a new business execution structure, which will take effect after the Ordinary General Meeting of Shareholders for fiscal 2024 on June 20, 2025. The structure involves the reelection of key executive officers, maintaining their current responsibilities, which indicates a strategic continuity in leadership. This decision is likely aimed at ensuring stability and sustained growth in the company’s operations and market positioning.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. has revised its financial forecast for the fiscal year ending March 31, 2025, with slight increases in net sales and profit attributable to owners, but a significant drop in operating profit due to inventory valuation adjustments at its U.S. subsidiary. This revision reflects the company’s ongoing challenges in maintaining operational efficiency, impacting its financial performance and potentially influencing stakeholder confidence.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight decline in net sales by 0.3% to 55,645 million yen. Despite the challenging financial year, the company managed to achieve a profit attributable to owners of the parent amounting to 3,473 million yen, a significant improvement from the previous year’s loss. The company also maintained its dividend payments and reported a stable financial position with a capital adequacy ratio of 69.5%. The forecast for the first half of the fiscal year ending March 31, 2026, indicates a modest growth in net sales by 1.7%.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight decrease in net sales by 0.3% to ¥55,645 million. Despite a challenging year with significant drops in operating and ordinary profits, the company achieved a profit attributable to owners of the parent amounting to ¥3,473 million, a substantial recovery from the previous year’s loss. The financial position remains stable with a capital adequacy ratio of 69.5%, and cash flows from operating activities were positive at ¥7,516 million. The company announced a consistent annual dividend of ¥20.00 per share and provided a cautious forecast for the first half of the fiscal year ending March 31, 2026, due to uncertainties in estimating future financial results.
The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.
Harmonic Drive Systems Inc. announced the repurchase of 104,200 of its common shares, amounting to 295,664,800 yen, as part of a broader strategy to buy back up to 400,000 shares. This move, executed via market purchase on the Tokyo Stock Exchange, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.