Ishii Hyoki Co., Ltd. (6336) AI Stock Analysis

• Market Cap: ¥8.11B
• Dividend Yield: 2.63%
• Average Volume (3M): 10.22K
• Price to Earnings (P/E): 7.9
• Beta (1Y): 0.72
• Revenue Growth: 0.59%
• EPS Growth: 53.87%
• Country: JP
• Employees: 672
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 42.75
• Shares Outstanding: 8,176,452
• 10 Day Avg. Volume: 4,490
• 30 Day Avg. Volume: 10,223
• PEG Ratio: -0.19
• Price to Book (P/B): 0.43
• Price to Sales (P/S): 0.28
• P/FCF Ratio: 2.25
• 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: 76 Outperform
• Price Target: ¥1,124.00 ▲(45.78% Upside)
• Action: Reiterated Date: 02/25/26
• Date: Action: Reiterated 02/25/26

The score is primarily supported by solid financial performance (notably strong cash flow and improving balance sheet) and favorable valuation (low P/E with a dividend). Technicals are positive but tempered by overbought momentum signals (high RSI/Stoch), adding near-term risk.

Positive Factors

Operating Cash Flow Strength

Operating cash flow consistently exceeding net income and robust free cash flow indicate durable cash-generation from core operations. This supports reinvestment in equipment, funds working capital, funds dividends or buybacks, and provides a buffer to absorb cyclical downturns without eroding balance sheet health.

Improving Equity Base / Deleveraging

A stronger equity base and a trend toward deleveraging strengthen financial flexibility and lower financial risk. Improved equity and equity ratio reduce refinancing vulnerability, support capital expenditure cycles, and enable strategic investments or M&A without excessive leverage stress over the medium term.

Historical Revenue Growth and Margin Resilience

Multi-year revenue expansion and generally stable gross and net margins show the business has competitive operating fundamentals. Historical growth and resilient margins imply product-market fit and operational efficiency, positioning the company to regain top-line momentum when cyclical demand normalizes.

Negative Factors

Recent Revenue Decline and Margin Pressure

A revenue decline over 2024–2025 combined with margin compression represents a sustained operational headwind. Prolonged top-line weakness reduces operating leverage, strains free cash flow growth potential, and could necessitate cost restructuring or slower reinvestment, affecting medium-term profitability.

High Total Liabilities Remain

Despite deleveraging trends, elevated total liabilities sustain refinancing and interest-rate sensitivity risks. Persistent liabilities limit strategic optionality, increase fixed cost obligations, and could amplify stress during revenue troughs, constraining the company's ability to fund capex or return capital.

Cyclicality of Packaging/Industrial Equipment Demand

Concentration in packaging and factory automation ties revenues to industrial CAPEX and consumer goods production cycles. Structural cyclicality can cause pronounced revenue volatility and capital expenditure sensitivity, requiring conservative balance-sheet and backlog management to sustain long-term cash generation.

Ishii Hyoki Co., Ltd. Business Overview & Revenue Model

Company Description

Ishii Hyoki Co., Ltd. manufactures and sells electrical machinery and peripheral electronic machinery parts in Japan. It offers devices, such as graphic operation panel LCD systems; switch panel units; silk printing, label printing, and alumite nameplates; film formation products; printed circuit board parts; and precision sheet metal processing products. The company also provides polishing and surfacing machines for use in the production of printed circuit boards, FPCs, and electronic parts; and deburring machines for use in the surface treatment of clutch discs, brake pads, and other automobile parts. In addition, it offers PI inkjet systems for liquid crystal displays, as well as related maintenance services. The company was founded in 1963 and is headquartered in Fukuyama, Japan.

How the Company Makes Money

Ishii Hyoki Co., Ltd. generates revenue primarily through the sale of its precision measurement instruments and related services. The company's revenue model is centered around direct sales to businesses in manufacturing and quality assurance sectors, where its products are critical for maintaining operational efficiency and product quality. Key revenue streams include the sale of measuring devices, maintenance and calibration services, and customized solutions for specific industrial applications. Additionally, the company may engage in partnerships with other technology firms and distributors to expand its market reach and enhance its product offerings, contributing to its overall earnings.

Ishii Hyoki Co., Ltd. Financial Statement Overview

Summary

Solid overall fundamentals driven by strong cash flow (operating cash flow exceeding net income and robust free cash flow) and an improving balance sheet via a stronger equity base and deleveraging. The main offset is the recent revenue decline in 2024–2025 and some margin pressure in 2025.

Income Statement

Ishii Hyoki Co., Ltd. demonstrated strong revenue growth over recent years, particularly a significant increase from 2020 to 2023. However, there was a decline in revenue in 2024 and 2025. Gross profit margins and net profit margins have generally been stable, indicating efficiency in managing production costs. EBIT and EBITDA margins have shown resilience, though there was a decline in 2025, suggesting some operational challenges or increased costs.

Balance Sheet

The company has improved its equity base over the years, with a noticeable increase in stockholders’ equity. The debt-to-equity ratio has been managed effectively, showing a trend towards deleveraging. The equity ratio has improved, indicating a stronger financial standing. However, the total liabilities remain high, which could pose risks if not managed carefully.

Cash Flow

Ishii Hyoki Co., Ltd. has shown a strong trajectory in cash flow management, with operating cash flow generally exceeding net income, a positive indicator of financial health. Free cash flow has been robust, with significant growth in recent years. The company has effectively managed capital expenditures, ensuring positive free cash flow to support growth and potentially return value to shareholders.

Breakdown	TTM	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021
Income Statement
Total Revenue	14.82B	14.82B	16.73B	18.22B	14.42B	11.59B
Gross Profit	3.38B	3.39B	4.05B	4.40B	3.96B	3.11B
EBITDA	1.56B	1.53B	2.17B	2.67B	2.30B	1.56B
Net Income	893.00M	788.00M	1.10B	1.64B	1.49B	726.85M
Balance Sheet
Total Assets	15.34B	15.70B	16.68B	16.24B	13.49B	12.39B
Cash, Cash Equivalents and Short-Term Investments	3.71B	4.09B	3.69B	3.33B	2.87B	2.50B
Total Debt	1.56B	2.09B	3.73B	3.49B	4.01B	5.04B
Total Liabilities	5.76B	5.96B	8.00B	8.82B	8.02B	8.72B
Stockholders Equity	9.58B	9.74B	8.69B	7.42B	5.46B	3.67B
Cash Flow
Free Cash Flow	0.00	1.86B	81.35M	900.30M	1.21B	1.65B
Operating Cash Flow	0.00	2.29B	561.54M	1.75B	1.68B	2.12B
Investing Cash Flow	0.00	-626.00M	-1.41B	-1.12B	-390.28M	-505.20M
Financing Cash Flow	0.00	-1.78B	122.38M	-681.07M	-1.13B	-685.34M

Ishii Hyoki Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 771.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6336, the sentiment is Positive. The current price of 771 is below the 20-day moving average (MA) of 805.40, below the 50-day MA of 774.58, and above the 200-day MA of 675.28, indicating a bullish trend. The MACD of 46.56 indicates Negative momentum. The RSI at 88.75 is Negative, neither overbought nor oversold. The STOCH value of 99.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6336.

Ishii Hyoki Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6267	81 Outperform	¥7.31B	8.91	―	2.80%	6.02%	7.39%
6336	76 Outperform	¥8.11B	7.92	―	2.63%	0.59%	53.87%
6343	73 Outperform	¥9.36B	7.89	―	0.30%	4.45%	19.84%
6327	68 Neutral	¥12.98B	27.17	―	1.17%	53.68%	146.92%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6292	61 Neutral	¥5.85B	17.70	―	5.22%	-8.98%	4.00%
6408	61 Neutral	¥6.07B	4.00	―	1.37%	-3.05%	―