Toyo Kanetsu K.K (6369) AI Stock Analysis

• Market Cap: ¥46.74B
• Dividend Yield: 4.89%
• Average Volume (3M): 30.33K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 1.01
• Revenue Growth: 0.60%
• EPS Growth: -23.08%
• Country: JP
• Employees: 1,157
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 169.41
• Shares Outstanding: 16,046,148
• 10 Day Avg. Volume: 20,690
• 30 Day Avg. Volume: 30,333
• PEG Ratio: 2.29
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 0.47
• P/FCF Ratio: 8.92
• 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): 173.6
• Revenue Forecast (FY): ¥66.50B

• Rating: 80 Outperform
• Price Target: ¥3,115.00 ▲(25.55% Upside)
• Action: Reiterated Date: 02/21/26
• Date: Action: Reiterated 02/21/26

The score is driven primarily by strong financial performance (growth, margin improvement, and a sharp free-cash-flow turnaround) and supportive valuation (low P/E with a high dividend yield). Technicals are bullish but somewhat overextended (high RSI/Stoch), tempering the overall rating.

Positive Factors

Business model & recurring aftermarket

Toyo Kanetsu earns recurring aftermarket revenue (maintenance, parts, upgrades) alongside project sales. That service annuity reduces revenue cyclicality from engineered projects, supports higher lifetime customer margins, and sustains cash flow and customer lock-in over quarters.

Negative Factors

Project execution and capex cyclicality

Heavy exposure to engineered-to-order and EPC projects creates structural sensitivity to customer capex cycles and execution risk. Cost overruns or delayed milestones on long contracts can materially affect margins and cash timing, a persistent operational risk across quarters.

Toyo Kanetsu K.K Business Overview & Revenue Model

Company Description

Toyo Kanetsu K.K. engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally. The company's Plant & Machinery Business segment designs, builds, and executes construction works of s...

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Toyo Kanetsu K.K. engages in plant and machinery, material handling systems, and other businesses in Japan, Southeast Asia, and internationally. The company's Plant & Machinery Business segment designs, builds, and executes construction works of s...

How the Company Makes Money

Toyo Kanetsu primarily makes money by delivering engineered-to-order industrial projects and equipment, recognized as revenue through contracts tied to manufacturing, installation, and construction milestones. A major revenue stream is the logisti...

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Toyo Kanetsu primarily makes money by delivering engineered-to-order industrial projects and equipment, recognized as revenue through contracts tied to manufacturing, installation, and construction milestones. A major revenue stream is the logisti...

Toyo Kanetsu K.K Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	59.15B	60.47B	53.79B	47.35B	59.18B	43.62B
Gross Profit	13.21B	13.24B	11.77B	10.81B	10.16B	9.25B
EBITDA	4.78B	4.99B	3.85B	3.28B	3.55B	3.48B
Net Income	3.52B	3.64B	3.55B	2.38B	2.33B	1.78B
Balance Sheet
Total Assets	70.63B	68.58B	68.81B	64.00B	64.29B	58.76B
Cash, Cash Equivalents and Short-Term Investments	9.37B	6.52B	8.35B	6.99B	8.76B	7.41B
Total Debt	18.70B	13.98B	17.02B	11.44B	13.70B	9.21B
Total Liabilities	32.38B	29.67B	31.05B	25.91B	27.81B	22.28B
Stockholders Equity	38.24B	38.90B	37.75B	38.08B	36.48B	36.48B
Cash Flow
Free Cash Flow	2.56B	3.17B	-2.20B	-82.00M	-2.11B	351.00M
Operating Cash Flow	3.04B	5.30B	-739.00M	1.10B	-1.10B	1.48B
Investing Cash Flow	-347.50M	-1.76B	-1.04B	826.00M	-828.00M	-338.00M
Financing Cash Flow	-3.32B	-5.42B	3.12B	-3.72B	3.21B	-5.18B

Toyo Kanetsu K.K Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2481.00
• 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:6369, the sentiment is Positive. The current price of 2481 is below the 20-day moving average (MA) of 2801.16, below the 50-day MA of 2784.96, and above the 200-day MA of 2320.46, indicating a bullish trend. The MACD of 51.60 indicates Negative momentum. The RSI at 57.44 is Neutral, neither overbought nor oversold. The STOCH value of 84.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6369.

Toyo Kanetsu K.K Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6104	81 Outperform	¥89.56B	136.93	5.02%	3.23%	-10.00%	-51.92%
6369	80 Outperform	¥46.74B	9.86	9.55%	4.89%	0.60%	-23.08%
6118	74 Outperform	¥59.99B	24.26	―	2.54%	2.00%	39.80%
6143	69 Neutral	¥70.21B	10.78	7.00%	3.02%	15.78%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6125	62 Neutral	¥28.17B	-53.89	―	3.56%	-3.85%	-45.64%
6135	61 Neutral	¥279.15B	8.88	7.67%	0.91%	9.03%	10.76%