Torishima Pump Mfg.Co., Ltd. (6363) AI Stock Analysis

• Market Cap: ¥68.67B
• Dividend Yield: 3.09%
• Average Volume (3M): 121.58K
• Price to Earnings (P/E): 14.6
• Beta (1Y): 1.27
• Revenue Growth: 6.35%
• EPS Growth: -34.20%
• Country: JP
• Employees: 1,821
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 122.43
• Shares Outstanding: 29,045,680
• 10 Day Avg. Volume: 160,100
• 30 Day Avg. Volume: 121,576
• PEG Ratio: -0.38
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.63
• P/FCF Ratio: -11.26
• 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): 129.2
• Revenue Forecast (FY): ¥89.00B

• Rating: 70 Outperform
• Price Target: ¥3,007.00 ▲(49.16% Upside)
• Action: Upgraded Date: 02/11/26
• Date: Action: Upgraded 02/11/26

The score is driven primarily by solid revenue growth and operating efficiency, tempered by weak cash conversion (negative operating/free cash flow) and rising leverage. Technically, the strong trend is offset by very overbought signals, while valuation is reasonable with a supportive dividend yield.

Positive Factors

Revenue Growth

Sustained top-line growth indicates expanding project wins and stable end-market demand (water, energy, industrial). Over 2-6 months this supports backlog visibility, scale benefits and better utilization of manufacturing and engineering capacity, underpinning durable earnings potential.

Healthy Margins & Efficiency

Relatively strong gross and operating margins reflect disciplined engineering, manufacturing efficiency and pricing power on engineered pump systems. These margins provide a structural buffer versus input cost swings and support reinvestment in R&D and service capabilities over the medium term.

Aftermarket & Services Recurring Revenue

A meaningful installed base and services business creates recurring, higher-margin revenue that reduces cyclicality tied to capex projects. Over months this stabilizes cash inflows, enhances customer stickiness through lifecycle contracts and improves long-term revenue predictability.

Negative Factors

Weak Cash Conversion

Inability to convert accounting profits into cash constrains financing of capex, working capital and dividends. Persistently negative OCF/FCF can force external borrowing or equity actions, reduce financial flexibility, and impair the firm's capacity to sustain investments and service growth over the medium term.

Rising Leverage

An increased leverage profile reduces balance-sheet resilience and raises refinancing and interest-rate risk. If leverage remains elevated while cash conversion is weak, the company faces tighter liquidity and less capacity to fund large projects or absorb demand shocks, affecting strategic optionality.

Declining Net Profit Margin

Compression in net margin signals pressure on bottom-line profitability despite revenue growth. Over time margin erosion limits retained earnings, weakens ROE improvement prospects and heightens sensitivity to cost inflation or contract competitiveness, making earnings less resilient through cycles.

Torishima Pump Mfg.Co., Ltd. Business Overview & Revenue Model

Company Description

Torishima Pump Mfg. Co., Ltd. manufactures and sells various pumps in Japan, rest of Asia, the Middle East, and internationally. It provides end-suction, double-suction, multi-stage, large, and specialized pumps; and mechanical seals, including single and multi-spring component, cartridge, and split seals. The company also offers installation and field testing; maintenance, overhaul, and operator training services; management and operation of the pumping facilities; re-engineering and design up, hydraulic parts upgrade, and coating services; and inspection and maintenance services. In addition, it engages in the design, engineering, procurement, construction, and commission of pumping stations; and provides engineering solutions for wind power generation systems, as well as wind assessment and location surveys, such as business plans, design, installation, and maintenance advisory services; and support services for installed wind power facilities by other companies. Further, the company is involved in reuse of wastewater energy and supply wind power generation, as well as mini/micro hydropower systems. Its products are used in water and wastewater, irrigation and drainage, power industry, general industry, oil and gas, and seawater desalination applications. Torishima Pump Mfg. Co., Ltd. was founded in 1919 and is headquartered in Takatsuki, Japan.

How the Company Makes Money

Torishima Pump Mfg. Co., Ltd. generates revenue primarily through the sale of its pumping equipment and systems, which are utilized across various industries. The company's revenue model is built on multiple key streams: direct sales of pumps, aftermarket services including maintenance and repairs, and engineering services for custom pump solutions. Additionally, Torishima engages in long-term contracts with municipal and industrial clients, providing stable and recurring income. Strategic partnerships with other engineering firms and participation in large-scale infrastructure projects also contribute significantly to their earnings, as these collaborations often lead to substantial orders and enhanced market presence.

Torishima Pump Mfg.Co., Ltd. Financial Statement Overview

Summary

Strong revenue growth and solid operating efficiency are positives, but declining net profit margin, higher leverage (debt-to-equity up), and especially negative operating/free cash flow materially weaken overall financial quality.

Income Statement

Torishima Pump Mfg.Co., Ltd. has shown consistent revenue growth with a strong 6.65% increase from 2024 to 2025. The gross profit margin remains healthy at 25.89% for 2025, although it has slightly decreased from the previous year. The net profit margin has declined to 4.70%, indicating a potential concern in profitability despite the revenue growth. EBIT and EBITDA margins are robust, reflecting good operational efficiency.

Balance Sheet

The company's debt-to-equity ratio increased to 0.41 in 2025 from 0.28 in 2024, indicating increased leverage, which could pose risks if not managed properly. Return on equity is relatively stable at 7.26%, reflecting consistent returns for shareholders. The equity ratio has decreased to 48.47%, suggesting a slight shift towards more liabilities in the capital structure.

Cash Flow

The cash flow statement reveals challenges, with a negative operating cash flow and free cash flow in 2025. Free cash flow to net income ratio is negative, highlighting the need for cash flow improvements. The operating cash flow to net income ratio is also negative, indicating that the company is not converting its earnings effectively into cash.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	88.86B	86.50B	81.10B	64.66B	52.24B	50.79B
Gross Profit	22.24B	22.39B	23.14B	18.32B	15.09B	13.46B
EBITDA	6.82B	8.84B	10.70B	8.13B	6.89B	6.41B
Net Income	2.48B	4.07B	6.22B	4.40B	3.63B	3.35B
Balance Sheet
Total Assets	108.94B	115.62B	101.56B	90.08B	80.02B	79.19B
Cash, Cash Equivalents and Short-Term Investments	17.60B	17.11B	13.40B	11.88B	13.53B	16.80B
Total Debt	18.54B	22.73B	14.82B	15.55B	15.50B	16.56B
Total Liabilities	53.49B	59.20B	48.93B	44.55B	38.74B	41.58B
Stockholders Equity	55.06B	56.03B	52.31B	45.18B	40.97B	37.34B
Cash Flow
Free Cash Flow	0.00	-4.83B	-650.00M	287.00M	-494.00M	1.87B
Operating Cash Flow	0.00	-668.00M	2.86B	1.25B	3.13B	4.37B
Investing Cash Flow	0.00	-1.56B	424.00M	-1.28B	-4.85B	-1.65B
Financing Cash Flow	0.00	5.85B	-3.31B	-2.19B	-2.13B	-2.07B

Torishima Pump Mfg.Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2016.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6363, the sentiment is Positive. The current price of 2016 is below the 20-day moving average (MA) of 2507.05, below the 50-day MA of 2255.70, and below the 200-day MA of 2060.30, indicating a bullish trend. The MACD of 122.43 indicates Negative momentum. The RSI at 70.69 is Negative, neither overbought nor oversold. The STOCH value of 77.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6363.

Torishima Pump Mfg.Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6364	84 Outperform	¥61.57B	11.05	―	3.18%	2.98%	10.15%
6490	76 Outperform	¥193.17B	21.70	―	2.50%	-2.46%	-10.72%
6237	76 Outperform	¥60.72B	13.96	―	2.79%	2.85%	3.17%
6381	75 Outperform	¥67.49B	16.38	―	3.95%	-1.67%	-4.39%
6333	72 Outperform	¥48.65B	12.17	―	3.95%	1.72%	101.76%
6363	70 Outperform	¥68.67B	14.58	―	3.09%	6.35%	-34.20%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Torishima Pump Mfg.Co., Ltd. Corporate Events

Torishima to Acquire Shin Nippon Machinery, Expanding Global Rotating Machinery Portfolio

Torishima Pump Mfg. Co., Ltd. has agreed to acquire all shares of Shin Nippon Machinery Co., Ltd. from Sumitomo Heavy Industries, Ltd., turning the steam turbine and process pump maker into a specified subsidiary. Shin Nippon Machinery, a globally recognized supplier to petrochemical and other process industries, will bring a strong API-compliant product lineup and advanced design capabilities that complement Torishima’s existing portfolio.

By integrating Shin Nippon Machinery’s technology with Torishima’s worldwide sales and service network, the group aims to reinforce its position as a comprehensive rotating machinery manufacturer and strengthen competitiveness in global markets. The transaction supports Torishima’s medium- to long-term plan, including its sales growth targets toward 2029 and its ambition to be a “global top player” that underpins social infrastructure and decarbonization initiatives.

The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2390.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.

Torishima Announces Organizational Restructuring and Executive Changes

Torishima Pump Mfg. Co., Ltd. announced an organizational restructuring and executive personnel changes effective January 1, 2026. A new Chief Financial Officer (CFO) position will be established, with James Timmers appointed as Managing Executive Officer, CFO, and Head of Torishima Global Administration Team. These changes aim to enhance the company’s financial management and global operations.

The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2043.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.

Torishima Pump Mfg. Co., Ltd. Revises Earnings Forecast Following Fujitec Share Sale

Torishima Pump Mfg. Co., Ltd. has decided to participate in a tender offer by Bospolder 1 K.K. for its shares in Fujitec Co., Ltd., resulting in a significant gain on the sale of investment securities. This move is expected to generate a special income of JPY 2.805 billion, prompting the company to revise its full-year consolidated earnings forecast, with net income anticipated to exceed previous expectations.

The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2043.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.

Torishima Pump Reports Mixed Financial Results for First Half of Fiscal Year 2026

Torishima Pump Mfg. Co., Ltd. reported its consolidated financial results for the first half of the fiscal year ending March 31, 2026, showing a 9.8% increase in net sales compared to the previous year. However, the company experienced a decline in operating income by 16.1% and a net loss attributable to owners of the parent. Despite these challenges, the company maintains a stable equity ratio and has announced a slight increase in dividends per share, indicating a cautious optimism about future performance.

The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2251.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.

Torishima Pump Revises Earnings Forecast Amid Cost-Reduction Delays

Torishima Pump Mfg. Co., Ltd. announced a revision to its full-year consolidated earnings forecast for the fiscal year ending March 2026. Despite achieving record-high net sales and exceeding last year’s profits in the first half of the fiscal year, the company adjusted its profit forecasts downward due to anticipated delayed impacts of cost-reduction initiatives. This revision suggests a cautious outlook for stakeholders, as the expected profits will fall short of initial forecasts, although they will surpass last year’s results.

The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2251.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.