Aichi Corporation (6345) AI Stock Analysis

• Market Cap: ¥100.31B
• Dividend Yield: 3.99%
• Average Volume (3M): 429.03K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.44
• Revenue Growth: 11.63%
• EPS Growth: 20.80%
• Country: JP
• Employees: 1,046
• Sector: Industrials
• Sector Strength: 90
• Industry: Agricultural - Machinery
• EPS (TTM): 34.44
• Shares Outstanding: 74,570,000
• 10 Day Avg. Volume: 196,960
• 30 Day Avg. Volume: 429,033
• PEG Ratio: 5.17
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 37.63
• 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

Aichi Corporation's stock is supported by strong financial performance, highlighted by solid revenue growth and profitability. The balance sheet is robust, and while the cash flow is strong, there is room for improvement in free cash flow conversion. Technical indicators show positive momentum, though caution is warranted due to overbought signals. Valuation is reasonable with an attractive dividend yield, making the stock appealing for income investors.

Aichi Corporation Business Overview & Revenue Model

Company Description

Aichi Corporation (6345) is a Japanese company specializing in the manufacturing and sale of aerial work platforms, specializing in equipment designed to enhance safety and efficiency in construction and maintenance operations. The company operates primarily in the construction machinery sector, providing a range of products including truck-mounted aerial work platforms, self-propelled aerial work platforms, and other related machinery.

How the Company Makes Money

Aichi Corporation generates revenue primarily through the sale of its aerial work platforms and related machinery. The company's revenue model is centered around manufacturing and distributing these specialized machines to a variety of customers, including construction companies, maintenance firms, and other industrial operators. Key revenue streams include direct sales of machinery, leasing agreements, and after-sales services such as maintenance and spare parts supply. Aichi Corporation may also engage in strategic partnerships with other firms to expand its market reach and enhance its product offerings, thereby contributing to its earnings.

Aichi Corporation Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
55.78B	53.13B	60.68B	56.59B	59.33B	58.34B
	Gross Profit
12.15B	11.78B	13.05B	12.61B	12.75B	12.24B
	EBIT
6.50B	6.34B	7.35B	6.86B	7.05B	5.86B
	EBITDA
7.75B	7.78B	9.76B	9.44B	10.17B	8.98B
	Net Income Common Stockholders
5.63B	5.27B	5.96B	5.64B	5.91B	4.92B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
42.46B	42.13B	1.16B	1.18B	1.22B	1.36B
	Total Assets
96.87B	94.92B	95.70B	90.56B	90.87B	82.76B
	Total Debt
208.49M	255.99M	308.30M	397.57M	443.32M	487.60M
	Net Debt
-42.26B	-41.88B	-853.86M	-782.05M	-781.00M	-876.51M
	Total Liabilities
14.67B	13.13B	17.12B	14.52B	17.55B	14.82B
	Stockholders Equity
82.21B	81.79B	78.57B	76.04B	73.32B	67.94B
Cash Flow		Free Cash Flow
2.81B	6.04B	3.72B	3.33B	10.20B	6.47B
	Operating Cash Flow
4.29B	7.11B	4.51B	3.99B	10.87B	7.59B
	Investing Cash Flow
-883.52M	32.76B	-2.25B	997.70M	-10.66B	-4.17B
	Financing Cash Flow
-3.12B	-3.55B	-3.23B	-3.22B	-3.19B	-1.81B

Aichi Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1379.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6345, the sentiment is Positive. The current price of 1379 is above the 20-day moving average (MA) of 1289.45, above the 50-day MA of 1321.16, and above the 200-day MA of 1254.60, indicating a bullish trend. The MACD of 25.75 indicates Negative momentum. The RSI at 66.40 is Neutral, neither overbought nor oversold. The STOCH value of 91.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6345.

Aichi Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6345	82 Outperform	¥100.31B	16.23		3.99%	11.63%	20.80%
6367	76 Outperform	¥4.73T	17.86	9.61%	1.96%	10.92%	4.32%
6305	75 Outperform	$942.26B	11.57	9.99%	3.98%	-2.46%	-12.73%
6266	73 Outperform	¥27.36B	6.48		1.76%	27.36%	80.13%
Sector *	64 Neutral	$4.38B	12.03	5.25%	249.91%	4.11%	-11.02%
6273	64 Neutral	¥3.21T	19.27	8.42%	1.96%	0.62%	-13.56%

Aichi Corporation Corporate Events

Aichi Corporation Announces Leadership Change

Aichi Corporation has announced a change in its leadership, with Shunichi Nakazawa set to become the new Representative Director and President, succeeding Toshiya Yamagishi. This leadership change aims to strengthen and enhance the company’s management system, potentially impacting its strategic direction and operations.

Aichi Corporation Proposes Expansion of Business Objectives

Aichi Corporation’s Board of Directors has proposed an amendment to the Articles of Incorporation to expand its business objectives. This amendment, which will be voted on at the upcoming Annual General Shareholders’ Meeting, aims to include new business purposes such as finance and operating leases, installment sales, and a car rental business, potentially broadening the company’s market reach and operational capabilities.

Aichi Corporation Reports Strong Financial Growth and Positive Outlook

Aichi Corporation reported a significant increase in its consolidated financial results for the fiscal year ended March 31, 2025, with net sales rising by 11.6% and operating profit increasing by 17.3%. The company also announced a higher dividend payout and forecasted continued growth for the next fiscal year, indicating a positive outlook for stakeholders.

Aichi Corporation Completes Tender Offer and Announces Change in Parent Company

Aichi Corporation announced the completion of its tender offer for treasury shares, which was resolved at the Board of Directors meeting on March 19, 2025, and ran from March 21 to April 17, 2025. This strategic move also involves a significant change in the company’s ownership structure, as Toyota Industries Corporation will no longer be the parent company effective May 14, 2025, impacting the company’s stakeholder dynamics and potentially its market positioning.