HOSHIZAKI Corp. (JP:6465)
:6465
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HOSHIZAKI
(6465)
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Rating:77Outperform
Price Target:
¥5,989.00
▲(13.99% Upside)
Action:ReiteratedDate:02/18/26
The score is driven primarily by strong financial quality—especially the very low leverage and solid margins—tempered by volatility in cash-flow conversion. Technical signals are mixed/neutral overall, and valuation appears reasonable but not cheap given the ~20.8 P/E and ~2.18% dividend yield.
Positive Factors
Very low leverage
Near-zero leverage gives Hoshizaki durable financial flexibility: it can fund capex, absorb cyclical downturns, and prioritize R&D or dividends without refinancing stress. This conservatism materially reduces insolvency risk and supports long-term strategic investments and M&A optionality.
Negative Factors
Volatile cash generation
Intermittent operating cash swings and past negative FCF indicate working-capital or capex timing risks that can impair capital allocation. Variability reduces predictability of shareholder returns, may necessitate temporary external funding during adverse cycles, and constrains multi-year investment planning.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Near-zero leverage gives Hoshizaki durable financial flexibility: it can fund capex, absorb cyclical downturns, and prioritize R&D or dividends without refinancing stress. This conservatism materially reduces insolvency risk and supports long-term strategic investments and M&A optionality.
Read all positive factors
HOSHIZAKI (6465) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥760.38B
Dividend Yield2.09%
Average Volume (3M)288.31K
Price to Earnings (P/E)19.3
Beta (1Y)0.84
Revenue Growth13.48%
EPS Growth22.72%
CountryJP
Employees16,061
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)82.90
Shares Outstanding144,890,100
10 Day Avg. Volume279,050
30 Day Avg. Volume288,306
Financial Highlights & Ratios
PEG Ratio4.48
Price to Book (P/B)1.88
Price to Sales (P/S)1.52
P/FCF Ratio34.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥6,709.12Price Target Upside27.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
EPS Forecast (FY)302.77
Revenue Forecast (FY)¥531.88B
HOSHIZAKI Business Overview & Revenue Model
Company Description
Hoshizaki Corporation researches, develops, manufactures, and sells commercial kitchen appliances and equipment worldwide. It offers ice machines; refrigerators and freezers; commercial, rack conveyor, and commercial instrument dishwashers; tea, c...
How the Company Makes Money
HOSHIZAKI Corporation generates revenue primarily through the sale of its commercial kitchen and food service equipment. The company's key revenue streams include the manufacturing and distribution of ice machines, refrigerators, freezers, and oth...
HOSHIZAKI Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
70
Positive
| 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 | 111.70B | 99.69B |
| EBITDA | 66.93B | 66.45B | 62.62B | 51.07B | 34.01B | 30.16B |
| 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 | 9.05B | 2.74B | 1.90B | 757.00M |
| Total Liabilities | 171.60B | 161.73B | 161.26B | 132.42B | 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 | 31.57B | 14.00M | 24.12B |
| 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
Positive
5254.00
Price Trends
5203.82
Positive
5190.56
Positive
5283.19
Negative
Market Momentum
47.05
Negative
53.02
Neutral
58.95
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6465, the sentiment is Positive. The current price of 5254 is above the 20-day moving average (MA) of 5144.75, above the 50-day MA of 5203.82, and below the 200-day MA of 5283.19, indicating a neutral trend. The MACD of 47.05 indicates Negative momentum. The RSI at 53.02 is Neutral, neither overbought nor oversold. The STOCH value of 58.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6465.
HOSHIZAKI Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥252.51B | 9.64 | 8.91% | 3.85% | 1.48% | 8.86% | |
77 Outperform | ¥760.38B | 19.33 | 11.14% | 2.09% | 13.48% | 22.72% | |
70 Outperform | ¥173.38B | 7.70 | 8.17% | 2.04% | 1.48% | 58.59% | |
67 Neutral | ¥384.26B | 11.12 | ― | 2.26% | 31.34% | 15.87% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | ¥12.71B | 33.09 | ― | 2.71% | -6.08% | -56.08% |
* Industrials Sector Average
JP:6465
HOSHIZAKI
5,254.00
-801.00
-13.23%
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HOSHIZAKI Corporate Events
Hoshizaki Posts Higher Sales and Dividend as It Invests for Global Growth
Feb 18, 2026
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 ...
Hoshizaki Launches ¥30 Billion Share Buyback to Lift Capital Efficiency
Feb 13, 2026
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...
Hoshizaki Raises FY2025 Dividend and Reaffirms Shareholder Return Policy
Feb 13, 2026
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...
Hoshizaki Posts Higher 2025 Earnings and Lifts Dividend as Balance Sheet Strengthens
Feb 13, 2026
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. Marg...
Hoshizaki Launches ¥30 Billion Share Buyback to Boost Capital Efficiency
Feb 13, 2026
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 condu...
Hoshizaki Raises Year-End Dividend and Reaffirms Shareholder Return Policy
Feb 13, 2026
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...
Hoshizaki Lifts Dividend as 2025 Profit Rises and Balance Sheet Strengthens
Feb 13, 2026
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 e...
HOSHIZAKI Increases Year-End Dividend Projection for 2025
Dec 16, 2025
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 reflec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.