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HOSHIZAKI
(6465)
HOSHIZAKI (6465) vs. iShares MSCI Japan ETF (EWJ)
HOSHIZAKI Business Overview & Revenue Model
HOSHIZAKI Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 465.94B | 485.89B | 445.50B | 373.56B | 321.34B | 274.42B |
| Gross Profit | 174.19B | 181.44B | 166.45B | 136.06B | 111.82B | 99.69B |
| EBITDA | 70.66B | 66.45B | 62.62B | 56.01B | 40.77B | 36.50B |
| Net Income | 39.62B | 38.15B | 37.17B | 32.84B | 23.98B | 21.68B |
Balance Sheet | ||||||
| Total Assets | 547.11B | 575.65B | 543.94B | 465.36B | 423.90B | 378.47B |
| Cash, Cash Equivalents and Short-Term Investments | 225.86B | 177.09B | 239.03B | 254.53B | 226.06B | 240.72B |
| Total Debt | 18.89B | 6.39B | 0.00 | 2.74B | 1.90B | 757.00M |
| Total Liabilities | 171.60B | 161.73B | 161.27B | 132.43B | 131.40B | 118.61B |
| Stockholders Equity | 356.62B | 392.61B | 363.92B | 328.50B | 288.95B | 257.83B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 21.66B | 37.81B | 30.65B | -430.00M | 23.91B |
| Operating Cash Flow | 0.00 | 30.53B | 47.34B | 37.70B | 5.17B | 27.34B |
| Investing Cash Flow | 0.00 | -75.88B | -37.37B | 3.29B | 1.94B | 5.24B |
| Financing Cash Flow | 0.00 | -15.01B | -40.17B | -10.36B | -13.35B | -8.12B |
HOSHIZAKI Technical Analysis
HOSHIZAKI Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥280.74B | 11.68 | 8.83% | 3.85% | 1.48% | 8.86% | |
77 Outperform | ¥796.31B | 20.38 | 11.14% | 2.09% | 13.48% | 22.72% | |
70 Outperform | ¥149.70B | 11.89 | 8.17% | 2.04% | 1.48% | 58.59% | |
67 Neutral | ¥363.73B | 15.13 | ― | 2.26% | 31.34% | 15.87% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | ¥105.11B | 26.31 | 3.59% | 2.94% | 4.76% | 4.33% | |
61 Neutral | ¥16.29B | 47.49 | ― | 2.71% | -6.08% | -56.08% |
HOSHIZAKI Corporate Events
Hoshizaki Corporation reported consolidated net sales of ¥485.9 billion for the year ended December 31, 2025, up 9.1% year on year, with operating profit edging up 1.7% to ¥51.9 billion and profit attributable to owners of parent rising 3.3% to ¥38.1 billion, while ordinary profit dipped 1.9%. The company strengthened its financial position with total assets of ¥575.6 billion, an equity ratio of 68.2%, increased annual dividends to ¥115 per share, expanded its scope of consolidation through the addition of U.S.-based Structural Concepts-related entities, and issued a 2026 forecast calling for 7.0% sales growth and higher adjusted operating profit, underscoring a strategy of shareholder returns and global expansion.
Cash flows from operating activities declined to ¥30.5 billion while investment cash outflows widened to ¥75.9 billion, reflecting active investment including acquisitions, and cash and cash equivalents fell to ¥159.4 billion. Despite slightly lower profitability margins, the company maintained double-digit returns on equity, raised dividends with a payout ratio above 40%, and projected modest profit growth in 2026, signaling continued confidence in its earnings power and long-term positioning in the commercial food service equipment market.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
Hoshizaki Corporation’s board has approved a share buyback program under the Companies Act and its Articles of Incorporation, authorizing the purchase of up to 8 million common shares, or 5.6% of its outstanding stock, for a total cost of up to ¥30 billion. The buyback, to be executed via market purchases on the Tokyo Stock Exchange between February 17 and November 30, 2026, is aimed at boosting corporate value by enhancing shareholder returns and improving capital efficiency in light of the company’s growth investment plans and current cash position.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
Hoshizaki Corporation’s board has approved a year-end dividend of ¥65 per share for the fiscal year ending December 31, 2025, matching its latest forecast and up from ¥60 in the prior year. The total year-end payout will be ¥9.203 billion, bringing the full-year dividend to ¥115 per share versus ¥105 the previous year.
Management reiterated that profit distribution is a key policy, aiming for continuous, stable dividends with a payout ratio of at least 40 percent. The company also indicated it will flexibly consider share buybacks in light of capital efficiency, growth and strategic investment needs, and optimal cash positioning, underscoring a commitment to balancing shareholder returns with long-term financial stability.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
Hoshizaki reported consolidated net sales of ¥485.9 billion for 2025, up 9.1% year on year, with operating profit edging 1.7% higher to ¥51.9 billion and profit attributable to owners of the parent rising 3.3% to ¥38.1 billion. Margins softened slightly as ordinary profit dipped 1.9%, but adjusted operating profit increased 5.5%, supported in part by the integration of newly consolidated U.S. entities.
The company’s financial position strengthened, with total assets climbing to ¥575.6 billion and the equity ratio improving to 68.2%, while cash and cash equivalents fell due to heavy investing outflows. Hoshizaki raised its annual dividend to ¥115 per share for 2025 and plans to maintain that level in 2026, and it forecasts 2026 net sales of ¥520 billion and a 7.1% rise in operating profit, underlining steady growth expectations alongside continued shareholder returns, including a planned share buyback.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
Hoshizaki Corporation has authorized a share buyback of up to 8 million common shares, representing 5.6% of its outstanding stock excluding treasury shares, with a maximum aggregate purchase price of ¥30 billion. The repurchases will be conducted via market purchases on the Tokyo Stock Exchange between February 17 and November 30, 2026, as part of a capital policy aimed at boosting shareholder returns and improving capital efficiency while balancing growth investments and its current cash position.
By using excess capital to acquire additional treasury shares on top of the 3.29 million already held as of December 31, 2025, Hoshizaki is signaling confidence in its medium- to long‑term profit growth prospects. The move is likely to support earnings per share and may strengthen the company’s market valuation, underscoring management’s focus on capital discipline and shareholder-friendly financial strategies in a competitive equipment manufacturing sector.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
Hoshizaki Corporation’s board has approved a year-end dividend of 65 yen per share for the fiscal year ending December 31, 2025, matching its latest forecast and up from 60 yen a year earlier. This brings the total annual dividend to 115 yen per share, compared with 105 yen in the previous fiscal year, with the payment sourced from retained earnings and scheduled to be effective March 6, 2026.
Management reiterated that profit distribution is a key policy, aiming for continuous, stable dividends aligned with profit growth and a payout ratio of at least 40 percent. The company also signaled it will flexibly consider share buybacks alongside growth and strategic investments, underscoring an emphasis on capital efficiency and sustained shareholder returns.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
Hoshizaki reported consolidated net sales of ¥485.9 billion for 2025, up 9.1% year on year, with operating profit rising 1.7% to ¥51.9 billion and profit attributable to owners of parent increasing 3.3% to ¥38.1 billion, while its equity ratio strengthened to 68.2%. Despite weaker operating cash flow and heavier investing outlays, the company raised its annual dividend to ¥115 per share for 2025 and plans to maintain that level in 2026, alongside forecast growth in 2026 sales and profits and continued portfolio expansion through acquisitions and accounting policy changes that may influence future earnings quality.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen5717.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.
HOSHIZAKI CORPORATION has revised its year-end dividend projection for the fiscal year ending December 2025, increasing the dividend per share from 55.00 yen to 65.00 yen, and the annual dividend from 105.00 yen to 115.00 yen. This decision reflects the company’s commitment to stable profit distribution and shareholder returns, aligning with its policy of maintaining a payout ratio of 40% or more while considering strategic investments and capital efficiency.
The most recent analyst rating on (JP:6465) stock is a Buy with a Yen6800.00 price target. To see the full list of analyst forecasts on HOSHIZAKI stock, see the JP:6465 Stock Forecast page.