HOKUETSU INDUSTRIES CO., LTD. (6364) AI Stock Analysis

• Market Cap: ¥55.15B
• Dividend Yield: 2.98%
• Average Volume (3M): 32.17K
• Price to Earnings (P/E): 12.2
• Beta (1Y): 0.68
• Revenue Growth: 2.98%
• EPS Growth: 10.15%
• Country: JP
• Employees: 761
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 53.55
• Shares Outstanding: 30,165,419
• 10 Day Avg. Volume: 26,420
• 30 Day Avg. Volume: 32,166
• PEG Ratio: -2.39
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 0.96
• P/FCF Ratio: 17.23
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: ¥2,150.00 ▲(13.52% Upside)

Hokuetsu Industries' strong financial performance is the primary driver of its overall score, reflecting robust earnings and a solid balance sheet. The valuation is reasonable, supported by a fair P/E ratio and a decent dividend yield. However, technical analysis indicates bearish momentum, which slightly offsets the positive financial and valuation aspects.

HOKUETSU INDUSTRIES CO., LTD. Business Overview & Revenue Model

Company Description

HOKUETSU INDUSTRIES CO., LTD. (6364) is a prominent Japanese company that specializes in manufacturing and providing a diverse range of industrial machinery and equipment. The company operates primarily in the sectors of manufacturing, construction, and infrastructure development, offering products that include concrete machinery, environmental systems, and various industrial tools. HOKUETSU is recognized for its commitment to innovation and quality, catering to both domestic and international markets.

How the Company Makes Money

HOKUETSU INDUSTRIES generates revenue through multiple streams, primarily focused on the sale of industrial machinery and equipment. The company earns significant income from the sale of concrete production machinery, which is essential for the construction industry. Additionally, HOKUETSU offers maintenance and repair services for its machinery, contributing to its revenue through service contracts. The company also engages in partnerships with construction firms and government projects, which provide stable income sources through long-term contracts. Their focus on innovation and technological advancements allows them to maintain a competitive edge, attracting more clients and increasing sales volume.

HOKUETSU INDUSTRIES CO., LTD. Financial Statement Overview

Summary

Hokuetsu Industries demonstrates strong financial performance with consistent revenue growth, high profitability, conservative leverage, and efficient cash management. The company is well-positioned within the industrial machinery sector, with robust earnings and a solid balance sheet supporting its strategic objectives.

Income Statement

Hokuetsu Industries demonstrates strong financial performance with consistent revenue growth, evidenced by a 5.64% increase in 2025. The company maintains solid profitability with a gross profit margin of 26.76% and a net profit margin of 8.78% for 2025. Additionally, EBIT and EBITDA margins have shown healthy trends at 12.62% and 14.82%, respectively, indicating efficient operational management. The income statement reflects robust growth and stability.

Balance Sheet

The balance sheet of Hokuetsu Industries is robust, with a high equity ratio of 63.65% in 2025, indicating a strong equity position and financial stability. The debt-to-equity ratio remains low at 0.19, showcasing conservative leverage practices. Return on equity is solid at 11.78%, reflecting effective utilization of equity to generate profits. Overall, the company exhibits a strong balance sheet with minimal risks.

Cash Flow

Hokuetsu Industries displays a positive cash flow trajectory, with a 71.97% growth in free cash flow from 2024 to 2025. The operating cash flow to net income ratio stands at 0.81, reflecting healthy cash conversion capabilities. The free cash flow to net income ratio at 0.64 suggests efficient management of capital expenditures. The cash flow statement indicates solid cash management, though there is room for improvement in converting income to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	54.83B	54.83B	51.90B	49.00B	36.65B	32.93B
Gross Profit	14.69B	14.67B	13.46B	11.52B	9.55B	8.21B
EBITDA	5.92B	8.13B	8.43B	6.33B	5.09B	3.85B
Net Income	4.35B	4.81B	5.10B	3.75B	2.75B	1.94B
Balance Sheet
Total Assets	64.06B	64.20B	56.35B	53.24B	45.83B	43.38B
Cash, Cash Equivalents and Short-Term Investments	18.52B	19.25B	11.65B	12.84B	10.94B	11.38B
Total Debt	7.77B	7.92B	1.29B	1.27B	100.00M	1.07B
Total Liabilities	22.69B	23.16B	18.77B	19.04B	14.52B	13.42B
Stockholders Equity	41.20B	40.87B	37.41B	34.04B	31.16B	29.83B
Cash Flow
Free Cash Flow	0.00	3.06B	1.78B	1.76B	1.15B	2.11B
Operating Cash Flow	0.00	3.91B	3.97B	2.87B	2.28B	4.10B
Investing Cash Flow	0.00	-1.08B	-2.76B	-867.94M	-615.90M	-2.02B
Financing Cash Flow	0.00	4.37B	-2.49B	-158.97M	-2.22B	-1.73B

HOKUETSU INDUSTRIES CO., LTD. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1894.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6364, the sentiment is Negative. The current price of 1894 is below the 20-day moving average (MA) of 1953.05, below the 50-day MA of 1981.95, and below the 200-day MA of 1931.60, indicating a bearish trend. The MACD of -26.46 indicates Positive momentum. The RSI at 41.63 is Neutral, neither overbought nor oversold. The STOCH value of 30.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6364.

HOKUETSU INDUSTRIES CO., LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6517	79 Outperform	¥56.68B	12.05	―	2.58%	-6.68%	-11.92%
5982	77 Outperform	¥57.34B	11.95	―	3.57%	5.51%	13.00%
6237	76 Outperform	¥56.89B	13.07	―	2.84%	2.55%	1.34%
6381	75 Outperform	¥60.41B	14.54	―	2.98%	0.52%	-8.88%
6364	71 Outperform	¥55.15B	12.16	―	2.98%	2.98%	10.15%
6363	69 Neutral	¥53.34B	21.86	―	3.00%	9.31%	-62.88%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

HOKUETSU INDUSTRIES CO., LTD. Corporate Events

AIRMAN CORPORATION Completes Treasury Shares Disposal for Employee Compensation

AIRMAN CORPORATION has completed the payment process for the disposal of treasury shares as restricted stock compensation to its employees. This move involves 39,700 common shares at a disposal price of 2,067 yen per share, totaling 82,059,900 yen, and is part of the company’s strategy to incentivize its workforce.

The most recent analyst rating on (JP:6364) stock is a Buy with a Yen2260.00 price target. To see the full list of analyst forecasts on HOKUETSU INDUSTRIES CO., LTD. stock, see the JP:6364 Stock Forecast page.

AIRMAN CORPORATION Announces Treasury Share Buyback

AIRMAN CORPORATION, a company listed on the Tokyo Stock Exchange, has announced the purchase of 108,700 treasury shares for a total of 219,682,300 yen. This acquisition is part of a larger plan approved by the Board of Directors to buy back up to 600,000 shares, representing 2.12% of the total issued shares, with a budget of up to 1 billion yen. The move is aimed at enhancing shareholder value and optimizing the company’s capital structure.

The most recent analyst rating on (JP:6364) stock is a Buy with a Yen2260.00 price target. To see the full list of analyst forecasts on HOKUETSU INDUSTRIES CO., LTD. stock, see the JP:6364 Stock Forecast page.

AIRMAN CORPORATION Announces Treasury Share Purchase

AIRMAN CORPORATION has announced the purchase of 79,900 treasury shares at a cost of 164,312,800 yen, as part of a broader strategy approved by the Board of Directors to buy back up to 600,000 shares. This move is intended to optimize the company’s capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.

The most recent analyst rating on (JP:6364) stock is a Buy with a Yen2413.00 price target. To see the full list of analyst forecasts on HOKUETSU INDUSTRIES CO., LTD. stock, see the JP:6364 Stock Forecast page.

AIRMAN CORPORATION Finalizes Treasury Shares Disposal for Director Compensation

AIRMAN CORPORATION has completed the payment procedure for the disposal of treasury shares as restricted stock compensation to its directors and executive officers. This move is part of the company’s strategy to align the interests of its management with those of its shareholders, potentially impacting its governance and operational focus.

AIRMAN CORPORATION Reports Q1 2025 Financial Results Amid Profit Decline

AIRMAN CORPORATION reported its consolidated financial results for the three months ended June 30, 2025, showing a slight increase in net sales by 0.4% year-on-year to ¥13,254 million. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, indicating challenges in maintaining profitability. Despite these setbacks, the company maintains a strong equity-to-asset ratio of 64.3% and has not revised its earnings forecasts for the fiscal year ending March 31, 2026, suggesting confidence in its long-term financial performance.

AIRMAN CORPORATION Reports Q1 2025 Financial Results with Mixed Outcomes

AIRMAN CORPORATION reported its consolidated financial results for the three months ended June 30, 2025, showing a slight increase in net sales by 0.4% compared to the previous year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with decreases of 5.1%, 30.8%, and 29.7% respectively. Despite these challenges, the company maintains a stable financial position with an equity-to-asset ratio of 64.3%. The forecast for the fiscal year ending March 31, 2026, anticipates modest growth in net sales and profits, indicating a cautious optimism in the company’s future performance.