Aichi Corporation (JP:6345)
:6345
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Aichi Corporation
(6345)
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Rating:70Outperform
Price Target:
¥1,499.00
▲(10.63% Upside)
Action:ReiteratedDate:01/31/26
The score is driven mainly by strong financial stability and solid profitability, but it is held back by the sharp TTM cash flow deterioration (negative free cash flow and weak cash conversion). Valuation is supportive thanks to a reasonable P/E and high dividend yield, while technical signals are mixed with softer short-term trend despite longer-term support.
Positive Factors
Profitability & margins
Consistent mid-teens EBITDA and double-digit net margins indicate durable operating efficiency and pricing power in specialized aerial-platform markets. Such margins support reinvestment into product development and aftermarket service capability, underpinning steady cash returns over the medium term.
Negative Factors
Weak cash generation / negative FCF
A material divergence between reported earnings and cash from operations, with negative free cash flow, points to working-capital or investment drains that reduce internally available funds. Persisting weak cash generation can constrain capex, dividend sustainability, and long-term strategic investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability & margins
Consistent mid-teens EBITDA and double-digit net margins indicate durable operating efficiency and pricing power in specialized aerial-platform markets. Such margins support reinvestment into product development and aftermarket service capability, underpinning steady cash returns over the medium term.
Read all positive factors
Aichi Corporation (6345) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥91.35B
Dividend Yield4.79%
Average Volume (3M)91.37K
Price to Earnings (P/E)15.0
Beta (1Y)0.53
Revenue Growth1.68%
EPS Growth18.85%
CountryJP
Employees1,046
SectorIndustrials
Sector Strength72
IndustryAgricultural - Machinery
Share Statistics
EPS (TTM)N/A
Shares Outstanding64,570,000
10 Day Avg. Volume93,730
30 Day Avg. Volume91,370
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)1.12
Price to Sales (P/S)1.59
P/FCF Ratio13.68
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)N/A
Revenue Forecast (FY)N/A
Aichi Corporation Business Overview & Revenue Model
Company Description
Aichi Corporation (6345) is a Japanese company primarily engaged in the manufacturing and sales of aerial work platforms, electric lifts, and related equipment. The company operates in the construction machinery sector, providing innovative soluti...
How the Company Makes Money
Aichi Corporation generates revenue primarily through the sale of its aerial work platforms and related equipment. The company's revenue model is built around both direct sales to customers and leasing options for its machinery. Key revenue stream...
Aichi Corporation Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
42
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 56.09B | 59.31B | 53.13B | 60.68B | 56.59B | 59.33B |
| Gross Profit | 12.49B | 13.26B | 11.99B | 12.74B | 12.25B | 12.32B |
| EBITDA | 8.34B | 8.88B | 7.78B | 8.84B | 8.43B | 8.75B |
| Net Income | 6.09B | 6.33B | 5.27B | 5.96B | 5.64B | 5.91B |
Balance Sheet | ||||||
| Total Assets | 86.29B | 101.19B | 95.63B | 96.86B | 91.74B | 92.29B |
| Cash, Cash Equivalents and Short-Term Investments | 21.68B | 46.87B | 42.13B | 39.03B | 38.08B | 37.76B |
| Total Debt | 171.64M | 214.58M | 255.99M | 308.30M | 397.57M | 443.32M |
| Total Liabilities | 14.59B | 17.17B | 13.84B | 18.29B | 15.70B | 18.97B |
| Stockholders Equity | 71.71B | 84.02B | 81.79B | 78.57B | 76.04B | 73.32B |
Cash Flow | ||||||
| Free Cash Flow | -4.52B | 6.87B | 6.04B | 3.72B | 3.33B | 10.20B |
| Operating Cash Flow | 363.20M | 9.87B | 7.11B | 4.51B | 3.99B | 10.87B |
| Investing Cash Flow | -3.73B | -1.96B | 32.76B | -2.25B | 997.70M | -10.66B |
| Financing Cash Flow | -17.44B | -3.13B | -3.55B | -3.23B | -3.22B | -3.19B |
Aichi Corporation Technical Analysis
Positive
1355.00
Price Trends
1348.91
Negative
1329.62
Positive
1313.11
Positive
Market Momentum
-7.30
Negative
51.84
Neutral
75.33
Neutral
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 1355 is above the 20-day moving average (MA) of 1325.16, above the 50-day MA of 1348.91, and above the 200-day MA of 1313.11, indicating a neutral trend. The MACD of -7.30 indicates Negative momentum. The RSI at 51.84 is Neutral, neither overbought nor oversold. The STOCH value of 75.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6345.
Aichi Corporation Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥6.12T | 12.01 | ― | 4.06% | 0.40% | 8.40% | |
73 Outperform | ¥314.25B | 12.67 | ― | 2.99% | 0.31% | -11.04% | |
70 Outperform | ¥91.35B | 15.03 | ― | 4.79% | 1.68% | 18.85% | |
70 Outperform | ¥182.93B | 6.43 | 9.45% | 2.86% | 10.49% | -5.19% | |
67 Neutral | ¥1.21T | 13.34 | 9.16% | 3.98% | -2.72% | 29.43% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
51 Neutral | ¥17.35B | 0.51 | ― | 5.40% | -2.22% | 18.80% |
* Industrials Sector Average
JP:6345
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Aichi Corporation Corporate Events
Aichi Corporation to Cancel 10 Million Treasury Shares, Shrinking Share Base by 13.4%
Jan 29, 2026
Aichi Corporation’s board has approved the cancellation of 10 million shares of its treasury stock, representing 13.4% of the company’s issued shares prior to the move, with the cancellation scheduled for February 20, 2026. Following t...
Aichi Corporation Posts Lower Nine-Month Earnings but Keeps Full-Year Outlook and Dividend Plan Intact
Jan 29, 2026
Aichi Corporation reported a decline in performance for the nine months ended 31 December 2025, with net sales down 7.8% year on year to ¥38.15 billion and profit attributable to owners of parent falling 6.6% to ¥3.52 billion, although b...
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.