Komori (6349) AI Stock Analysis

• Market Cap: ¥85.51B
• Dividend Yield: 5.31%
• Average Volume (3M): 99.37K
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.98
• Revenue Growth: 5.45%
• EPS Growth: 90.90%
• Country: JP
• Employees: 2,562
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 53,478,840
• 10 Day Avg. Volume: 83,580
• 30 Day Avg. Volume: 99,366
• PEG Ratio: 0.16
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.58
• P/FCF Ratio: 4.39
• 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: 77 Outperform
• Price Target: ¥1,899.00 ▲(18.76% Upside)

The score is driven primarily by strong financial health (improving margins, very low leverage, and improved free cash flow) and an attractive valuation (low P/E with a ~5% dividend yield). Technicals are supportive with price above key moving averages and positive MACD, though not strong enough to outweigh the moderate risk signal from historical cash-flow volatility.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business sustainability.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth.

Cash Flow Performance

Improved cash flow performance indicates better liquidity management and the ability to fund operations and strategic initiatives.

Negative Factors

Cash Flow Volatility

Volatile cash flows can pose risks to liquidity and operational stability, potentially impacting the company's ability to invest consistently.

Margin Optimization

While margins are strong, further optimization is needed to enhance competitiveness and profitability in a challenging industry landscape.

Competitive Landscape

Intense competition may pressure margins and require strategic adjustments to maintain market position and profitability.

Komori Business Overview & Revenue Model

Company Description

Komori Corporation engages in the manufacture, sale, and repair of printing presses in Japan, North America, Europe, and Greater China. Its products include offset printing presses, including the LITHRONE series; digital printing systems that include Impremia series; KP-Connect series; H-UV series; CMS based on offset printing systems; print quality control systems comprising KHS-AI, PDC, PQA, PCC, and KID series; currency printing presses; CHAMBON series packaging printing presses; and PEPIO series gravure offset printing machines. In addition, it offers post press machines, such as folding machines, cutter and cutting systems, die cutters, blanking systems, and digital cutting and creasing systems. Komori Corporation was founded in 1923 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Komori generates revenue through the sale of its printing equipment and machinery, which includes both new and refurbished presses. The company's revenue model is largely based on direct sales to printing companies and enterprises, complemented by service and maintenance contracts that provide ongoing support and upgrades. Key revenue streams include the sale of offset and digital printing presses, spare parts, and consumables. Additionally, Komori has established partnerships with suppliers and technology firms to enhance its product offerings and expand its market reach. The company's focus on innovation and sustainability, along with its presence in emerging markets, also contributes positively to its earnings.

Komori Financial Statement Overview

Summary

Financials are strong overall: consistent revenue growth (+6.5%), improving profitability (net margin 6.5%; EBITDA margin 10.6%), and a very solid balance sheet with low leverage (debt-to-equity 0.09; equity ratio 66.8%). Cash flow improved sharply (FCF turned positive to 14.7B yen), but prior volatility tempers the score.

Income Statement

Komori has shown consistent revenue growth, with a notable increase of 6.5% in the latest year. Gross profit margin stands at a healthy 35.5%, and net profit margin has improved to 6.5%, indicating enhanced profitability. The EBIT margin at 6.4% and EBITDA margin at 10.6% reflect strong operational performance. However, these margins could be further optimized given the industry's competitive landscape.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.09, indicating low leverage. The return on equity is 6.3%, showing moderate efficiency in using equity to generate profit. The equity ratio is strong at 66.8%, reflecting substantial shareholder equity. These metrics suggest a stable financial position with low financial risk.

Cash Flow

Komori's cash flow performance is solid with a significant turnaround in free cash flow, which grew from a negative position to 14.7 billion yen. The operating cash flow to net income ratio is 2.35, indicating strong cash generation relative to profits. The free cash flow to net income ratio of 2.03 further shows efficient cash utilization. However, past volatility in cash flows suggests potential liquidity management challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	109.28B	111.05B	104.28B	97.91B	87.62B	71.83B
Gross Profit	39.04B	39.49B	34.59B	33.74B	28.03B	20.35B
EBITDA	11.19B	11.82B	8.45B	9.11B	9.43B	717.00M
Net Income	7.05B	7.25B	4.64B	5.72B	6.16B	-2.07B
Balance Sheet
Total Assets	181.56B	172.91B	167.59B	165.52B	157.08B	144.44B
Cash, Cash Equivalents and Short-Term Investments	62.56B	59.47B	50.61B	63.36B	63.92B	55.39B
Total Debt	19.96B	10.30B	10.80B	10.62B	11.21B	11.31B
Total Liabilities	68.22B	57.41B	53.12B	58.39B	53.70B	46.71B
Stockholders Equity	113.33B	115.50B	114.47B	106.96B	103.28B	97.67B
Cash Flow
Free Cash Flow	0.00	14.74B	-9.60B	2.76B	7.36B	7.04B
Operating Cash Flow	0.00	17.02B	-8.05B	4.47B	9.28B	8.17B
Investing Cash Flow	0.00	-4.78B	483.00M	-526.00M	-1.38B	-2.22B
Financing Cash Flow	0.00	-4.31B	-4.87B	-4.08B	-2.94B	9.29B

Komori Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1599.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6349, the sentiment is Positive. The current price of 1599 is below the 20-day moving average (MA) of 1615.00, above the 50-day MA of 1577.24, and above the 200-day MA of 1465.54, indicating a bullish trend. The MACD of 13.95 indicates Positive momentum. The RSI at 60.76 is Neutral, neither overbought nor oversold. The STOCH value of 61.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6349.

Komori Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6104	81 Outperform	¥93.53B	44.43	5.02%	3.23%	-10.00%	-51.92%
6490	79 Outperform	¥152.50B	17.73	―	2.50%	-2.46%	-10.72%
6349	77 Outperform	¥85.51B	9.16	6.26%	5.31%	5.45%	90.90%
6118	74 Outperform	¥64.89B	12.51	―	2.54%	2.00%	39.80%
6486	70 Outperform	¥152.04B	20.25	―	3.88%	1.70%	18.50%
6284	68 Neutral	¥91.90B	12.16	―	3.24%	18.70%	33.93%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Komori Corporate Events

Komori Revamps Senior Management Across Global Printing and Manufacturing Units

Komori Corporation has announced a broad set of senior management and organizational personnel changes effective February 1, 2026, following approval by its Board of Directors. The reshuffle elevates several key executives, including promotions to senior managing director and senior operating officer roles across DPS, offset, security press, technology and manufacturing, PE (printed electronics), packaging, Greater China, and overseas sales and service units, while also reassigning leadership within manufacturing, planning, CSR, internal audit, and regional sales departments. The changes appear aimed at strengthening group-level governance, clarifying responsibility for strategic business segments and regions, and reinforcing manufacturing and global sales capabilities as Komori continues to develop its digital, security, and packaging solutions businesses in competitive global printing markets.

The most recent analyst rating on (JP:6349) stock is a Buy with a Yen1829.00 price target. To see the full list of analyst forecasts on Komori stock, see the JP:6349 Stock Forecast page.

Komori Posts Strong Nine-Month Earnings and Confirms Outlook with Higher Dividend

Komori reported strong results for the nine months ended December 31, 2025, with net sales rising 11.1% year-on-year to ¥85.3 billion and operating profit more than doubling, while profit attributable to owners of the parent surged 83.7%, lifting basic earnings per share to ¥100.87. The balance sheet remained solid with total assets of ¥180.6 billion and an equity ratio above 66%, and the company confirmed its full-year forecast calling for double-digit growth in sales and operating profit, alongside an increased annual dividend of ¥70 per share, underscoring management’s confidence and offering improved returns to shareholders despite an expected year-on-year decline in full-year net profit due to prior one-off factors.

The most recent analyst rating on (JP:6349) stock is a Buy with a Yen1829.00 price target. To see the full list of analyst forecasts on Komori stock, see the JP:6349 Stock Forecast page.

Komori Discloses Reduction in Stake by Major Shareholder Brandes Investment Partners

Komori Corporation announced a change in one of its major shareholders after U.S.-based investment advisory firm Brandes Investment Partners, L.P. reduced its stake in the company. According to a large shareholding change report filed with regulators, Brandes’ holding fell from 10.15% of Komori’s voting rights (5,424,800 shares) to 9.04% (4,831,400 shares) as of January 19, 2026. Komori said the disclosure is based on the shareholder’s filing and noted that it does not confirm the exact beneficial ownership or ranking among major shareholders, adding that the change is not expected to have any particular impact on its business outlook at this time.

The most recent analyst rating on (JP:6349) stock is a Buy with a Yen1829.00 price target. To see the full list of analyst forecasts on Komori stock, see the JP:6349 Stock Forecast page.