Glory (6457) AI Stock Analysis

• Market Cap: €192.11B
• Dividend Yield: 2.91%
• Average Volume (3M): 220.78K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.94
• Revenue Growth: -0.93%
• EPS Growth: -46.68%
• Country: JP
• Employees: 11,398
• Sector: Industrials
• Sector Strength: 89
• Industry: Industrial - Machinery
• EPS (TTM): 62.26
• Shares Outstanding: 58,938,210
• 10 Day Avg. Volume: 246,610
• 30 Day Avg. Volume: 220,783
• PEG Ratio: -0.52
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €3,281.06
• Price Target Upside: -10.70% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: ¥4,197.00 ▲(14.24%Upside)

The stock's strong technical momentum is the most significant factor, suggesting bullish sentiment. Despite financial performance challenges, the reasonable valuation and attractive dividend yield support a solid overall score. Caution is advised due to potential overbought conditions.

Glory Business Overview & Revenue Model

Company Description

Glory Ltd. develops and manufactures cash handling machines and systems. It operates through Financial Market, Retail and Transportation Market, Amusement Market, and Overseas Market segments. The company provides teller cash recyclers, bank note counters, bank sorters, coin dispensers, coin sorters, coin counters, coin wrappers, and rolled coin dispensers, as well as self service solutions, bank note deposit solutions, and assisted service software solutions; cash recycling systems, front office-cash recyclers, banknote recyclers, payment station, and coin deposit solutions; remote customer displays; UW-F series; WR-90/500; and OEM cash dispensing systems, OEM cash deposit machines, and OEM cash recycling systems. The company also offers software solutions, such as business intelligence, device management, resource planning, retail cash management, serial number management, teller connectivity, and managed services. In addition, it offers professional, maintenance, and Ubiqular manage treasury managed services. Further, the company offers open teller systems, card systems, pachinko prize dispensing machines, and ticket vending machines, as well as self-service kiosks, mail ordering systems, and digital menu boards. It serves the CIT, financial, gaming, OEM, restaurant, amusement, and retail industries. The company was formerly known as Kokuei Machinery Manufacturing Co., Ltd. and changed its name to Glory Ltd. in 1971. The company was founded in 1918 and is headquartered in Himeji, Japan.

How the Company Makes Money

Glory Ltd. generates revenue through the sale of its cash handling hardware and software solutions. The company's key revenue streams include direct sales of cash management equipment such as cash recyclers and deposit machines to banks and retailers, as well as ongoing maintenance and support services. Additionally, Glory benefits from long-term partnerships with financial institutions and retail chains, which provide ongoing demand for their products and ensure a steady stream of service contracts. The company also engages in strategic collaborations and technology licensing agreements, further contributing to its revenue.

Glory Financial Statement Overview

Summary

The company faces challenges with profitability and growth, as evidenced by declining margins and fluctuating revenues. While the balance sheet remains moderately leveraged, there are signs of increasing liabilities. Cash flow generation is a strong point, but inconsistent free cash flow growth may limit strategic options.

Income Statement

The company has shown a volatile revenue trajectory, with recent declines in revenue growth. Gross and net profit margins have also decreased, indicating pressure on profitability. The EBIT and EBITDA margins have narrowed over the years, reflecting operational challenges.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, which indicates a balanced approach to leverage. However, the declining equity ratio suggests an increasing reliance on liabilities, which could pose risks. Return on equity has been inconsistent, pointing to fluctuating profitability.

Cash Flow

The company demonstrates strong operating cash flow relative to net income, highlighting efficient cash generation. Nevertheless, free cash flow growth has been inconsistent, impacting the strategic flexibility to reinvest or return capital to shareholders.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	369.02B	372.48B	255.86B	226.56B	217.42B
Gross Profit	147.49B	162.59B	91.23B	89.76B	85.46B
EBITDA	54.42B	69.68B	12.94B	27.50B	29.41B
Net Income	16.05B	29.67B	-9.54B	6.41B	5.71B
Balance Sheet
Total Assets	441.65B	467.07B	381.27B	362.79B	331.21B
Cash, Cash Equivalents and Short-Term Investments	51.58B	35.22B	38.13B	53.14B	68.13B
Total Debt	85.60B	97.47B	84.57B	54.92B	46.55B
Total Liabilities	205.59B	238.33B	185.29B	154.23B	134.07B
Stockholders Equity	235.30B	227.88B	193.16B	205.27B	194.01B
Cash Flow
Free Cash Flow	42.08B	33.60B	-23.42B	2.08B	20.29B
Operating Cash Flow	47.17B	41.85B	-16.49B	10.31B	28.75B
Investing Cash Flow	-9.67B	-33.58B	-9.36B	-25.80B	-21.67B
Financing Cash Flow	-20.94B	-13.10B	8.53B	-942.00M	-12.13B

Glory Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3674.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6457, the sentiment is Positive. The current price of 3674 is above the 20-day moving average (MA) of 3446.40, above the 50-day MA of 3189.94, and above the 200-day MA of 2696.37, indicating a bullish trend. The MACD of 146.87 indicates Negative momentum. The RSI at 76.33 is Negative, neither overbought nor oversold. The STOCH value of 81.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6457.

Glory Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6457	77 Outperform	€192.11B	12.89	6.87%	2.91%	-0.93%	-46.68%
Sector *	65 Neutral	$10.81B	15.25	5.26%	1.93%	3.11%	-26.99%
MW7	―	€1.38B	12.21	14.03%	2.21%	―	―
6407	75 Outperform	¥176.72B	13.02		3.19%	15.78%	62.07%
6507	75 Outperform	¥255.39B	21.13		1.05%	16.07%	61.08%
6622	71 Outperform	¥154.04B	13.70		2.44%	20.05%	-26.75%
6420	68 Neutral	¥129.68B	10.27		2.40%	12.12%	5.56%

Glory Corporate Events

GLORY LTD. Advances Share Buyback Strategy

GLORY LTD. announced the acquisition of 350,500 of its own shares, amounting to 1,117,222,400 yen, through market purchases on the Tokyo Stock Exchange, as part of a broader plan approved by its Board of Directors. This strategic move is part of a larger initiative to acquire up to 6,000,000 shares, aiming to enhance shareholder value and optimize capital structure, which may impact the company’s market positioning and stakeholder interests.

GLORY LTD. Commences Share Buyback Program

GLORY LTD. announced the acquisition of 487,700 of its own shares, amounting to 1,427,051,300 yen, through market purchases on the Tokyo Stock Exchange between May 14 and May 31, 2025. This move is part of a larger plan approved by the Board of Directors to acquire up to 6,000,000 shares, representing 10.4% of total shares issued, with a maximum budget of 15 billion yen, aimed at strengthening shareholder value and optimizing capital structure.

Glory Ltd. Reports Decline in Fiscal Year 2025 Financial Results

Glory Ltd. reported a decline in its consolidated financial results for the fiscal year ended March 31, 2025, with net sales slightly decreasing by 0.9% and significant drops in operating and ordinary income by 31.2% and 41.1%, respectively. Despite these challenges, the company improved its equity ownership ratio to 53.3% and increased its dividends per share, indicating a commitment to returning value to shareholders amidst a challenging financial landscape.

GLORY LTD. to Adopt International Financial Reporting Standards

GLORY LTD. has announced its decision to voluntarily adopt International Financial Reporting Standards (IFRS) starting from the fiscal year ending March 2026. This strategic move aims to enhance the international comparability of its financial information, thereby providing stakeholders with more useful insights. The adoption of IFRS is expected to impact the company’s operations by aligning its financial reporting with global standards, potentially improving its industry positioning and transparency for stakeholders.

GLORY LTD. Announces Share Acquisition and Cancellation Plan

GLORY LTD. has announced a strategic decision by its Board of Directors to acquire and subsequently cancel its own shares, aiming to achieve a ‘total return ratio of 100% or more’ for the fiscal years ending March 2026 and March 2027. This move is part of a revised ‘Basic Policy on Profit Distribution and Dividends’ under the company’s 2026 Medium-Term Management Plan, reflecting a commitment to enhance shareholder value and optimize capital structure.

GLORY LTD. Updates Dividend Policy to Enhance Shareholder Returns

GLORY LTD. has announced a change to its ‘Basic Policy on Profit Distribution and Dividends’ as part of its 2026 Medium-Term Management Plan. The company aims to enhance shareholder returns and improve capital efficiency by adding a ‘total return ratio of 100% or more’ to its targets for fiscal years ending March 2026 and March 2027. This decision is influenced by the expanding overseas business and the growth of new business areas, including solutions from Acrelec and Flooid, which have shown significant progress.