Kokusai Electric Corporation (6525) AI Stock Analysis

• Market Cap: ¥805.78B
• Dividend Yield: 1.12%
• Average Volume (3M): 2.67M
• Price to Earnings (P/E): 21.9
• Beta (1Y): 2.04
• Revenue Growth: 32.13%
• EPS Growth: 60.02%
• Country: JP
• Employees: 2,483
• Sector: Technology
• Sector Strength: 87
• Industry: Semiconductors
• EPS (TTM): 135.95
• Shares Outstanding: 238,115,620
• 10 Day Avg. Volume: 2,840,530
• 30 Day Avg. Volume: 2,674,646
• PEG Ratio: -0.63
• Price to Book (P/B): 3.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 24.44
• 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: ¥3,908.00
• Price Target Upside: 14.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 77 Outperform
• Price Target: ¥3,591.00 ▲(5.25%Upside)

Kokusai Electric Corporation demonstrates strong financial performance and technical momentum, significantly boosting its stock score. While the valuation is reasonable, future liquidity challenges due to high capital expenditures are a consideration.

Kokusai Electric Corporation Business Overview & Revenue Model

Company Description

Kokusai Electric Corporation, listed on the Tokyo Stock Exchange under the ticker 6525, is a prominent player in the semiconductor manufacturing equipment industry. The company specializes in providing advanced equipment and solutions for semiconductor production, focusing on deposition and etching systems used in the fabrication of integrated circuits. Their cutting-edge technologies are integral to the production processes of semiconductor manufacturers worldwide.

How the Company Makes Money

Kokusai Electric Corporation generates revenue primarily through the sale of semiconductor manufacturing equipment. The company's product offerings include systems essential for deposition and etching processes, which are critical stages in semiconductor fabrication. These products are sold to semiconductor manufacturers, who rely on Kokusai's technology to enhance their production efficiency and output quality. In addition to equipment sales, the company also earns money from providing maintenance services and technical support for its products, ensuring optimal performance and longevity. Kokusai Electric's revenue is significantly influenced by its relationships with major semiconductor manufacturers and the overall demand for semiconductors driven by industries such as consumer electronics, automotive, and telecommunications.

Kokusai Electric Corporation Financial Statement Overview

Summary

The company shows strong financial health with significant revenue growth and solid profitability. Improved leverage ratios and balance sheet stability enhance its resilience, though high capital expenditures may affect future liquidity.

Income Statement

Kokusai Electric Corporation displays a strong financial performance with impressive gross profit and EBIT margins, indicating effective cost management and operational efficiency. The revenue growth from 2024 to 2025 is substantial at 32.11%, highlighting robust market demand and competitive positioning. However, a slight decline in gross profit margin from 42.08% in 2024 to 42.56% in 2025 suggests rising costs or pricing pressures.

Balance Sheet

The balance sheet reveals a solid equity ratio of 57.45% in 2025, showcasing financial stability and a strong capital base. The debt-to-equity ratio has improved from 0.50 in 2024 to 0.31 in 2025, indicating reduced leverage and financial risk. Nonetheless, the reduction in cash reserves could limit liquidity buffers.

Cash Flow

Kokusai Electric's cash flow demonstrates positive free cash flow growth from negative figures in 2024 to a positive 129.95 billion yen in 2025, reflecting improved cash generation capabilities. The operating cash flow to net income ratio of 1.07 in 2025 indicates efficient cash conversion. Nonetheless, the company experienced significant capital expenditures, potentially impacting future cash flow.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	238.93B	180.84B	245.72B	245.43B
Gross Profit	101.74B	68.00B	93.97B	100.36B
EBITDA	64.85B	42.03B	67.28B	80.61B
Net Income	36.00B	22.37B	40.30B	51.34B
Balance Sheet
Total Assets	341.51B	375.43B	373.54B	356.53B
Cash, Cash Equivalents and Short-Term Investments	44.76B	92.62B	106.05B	108.40B
Total Debt	60.18B	93.02B	99.21B	123.19B
Total Liabilities	145.34B	188.04B	212.66B	237.01B
Stockholders Equity	196.17B	187.39B	160.88B	119.52B
Cash Flow
Free Cash Flow	12.99B	-9.03B	22.15B	70.29B
Operating Cash Flow	38.48B	2.94B	29.99B	73.61B
Investing Cash Flow	-27.71B	-11.95B	-7.83B	-3.35B
Financing Cash Flow	-58.11B	-6.31B	-25.11B	-3.51B

Kokusai Electric Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3412.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6525, the sentiment is Positive. The current price of 3412 is above the 20-day moving average (MA) of 3309.75, above the 50-day MA of 3071.81, and above the 200-day MA of 2747.35, indicating a bullish trend. The MACD of 103.02 indicates Positive momentum. The RSI at 57.23 is Neutral, neither overbought nor oversold. The STOCH value of 51.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6525.

Kokusai Electric Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7735	82 Outperform	¥1.17T	11.77	24.78%	2.71%	23.84%	38.09%
6890	79 Outperform	¥149.30B	9.50	7.01%	5.42%	23.36%	3.61%
6525	77 Outperform	¥805.78B	21.89		1.12%	32.13%	60.02%
7729	77 Outperform	€389.35B	15.00	15.34%	2.40%	11.77%	31.94%
6966	74 Outperform	¥135.71B	15.17		3.44%	9.00%	-50.84%
6723	71 Outperform	¥3.37T	20.54	7.22%	1.48%	-10.70%	-47.63%
Sector *	69 Neutral	¥228.59B	14.33	7.64%	2.71%	9.13%	8.49%

Kokusai Electric Corporation Corporate Events

Kokusai Electric’s Independence from Major Shareholder KKR HKE

Kokusai Electric Corporation announced that KKR HKE Investment L.P., which was its capital partner during its spin-off and parent company until its market listing, currently holds 23.48% of its voting rights. Despite this significant shareholding, Kokusai Electric operates independently from KKR HKE Investment L.P., with no business relationships between the two entities, ensuring that its operations remain unrestricted.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

Kokusai Electric Unveils New Management Structure

Kokusai Electric Corporation has announced a new management structure following its 10th Ordinary General Meeting of Shareholders. The company reappointed several directors and introduced new members to its board, aiming to strengthen its governance and strategic direction. This restructuring is expected to enhance the company’s operational efficiency and align its leadership with future growth objectives.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

Kokusai Electric Completes Treasury Shares Disposal for Stock Grant Plan

Kokusai Electric Corporation has completed the payment procedure for the disposal of treasury shares related to its Restricted Stock Units (RSUs) and Performance Share Units (PSUs) grant plan. This move, resolved at a Board of Directors meeting on May 21, 2025, involves the disposal of 251,943 common shares at a price of 3,014 yen per share, totaling 759,356,202 yen. The shares are allocated to directors, executive officers, employees, and subsidiary officers, impacting the company’s stock remuneration strategy and potentially influencing its market positioning.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

Kokusai Electric to Boost Employee Engagement with Share Disposal Plan

Kokusai Electric Corporation has announced a plan to dispose of 109,620 treasury shares to its Employee Shareholding Association as part of a special incentive scheme. This initiative aims to enhance the company’s medium- to long-term corporate value by encouraging employee participation in shareholding, thereby aligning their interests with those of shareholders. The disposal is expected to have minimal market impact due to its small scale relative to the total number of issued shares.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

Kokusai Electric Announces Treasury Share Disposal for Stock Incentive Plan

Kokusai Electric Corporation has announced the disposal of its treasury shares in relation to the vesting of Restricted Stock Units (RSUs) and Performance Share Units (PSUs) as part of a performance-based stock remuneration plan. This move aims to incentivize directors, executive officers, and employees to enhance corporate value. The disposal involves 251,943 shares at a price of 3,014 yen per share, impacting the company’s financial structure and aligning employee interests with corporate performance targets.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

Kokusai Electric Corporation Increases Dividend Payout for Fiscal Year 2025

Kokusai Electric Corporation announced a dividend payout of 19 yen per share for the fiscal year ending March 2025, reflecting an increase from the previous year. This decision aligns with the company’s policy of balancing shareholder returns with investments in R&D and future business growth, aiming for a dividend payout ratio of 20% to 30%.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.

Kokusai Electric Reports Robust Financial Growth for FY 2025

Kokusai Electric Corporation reported significant financial growth for the fiscal year ended March 31, 2025, with a 32.1% increase in revenue and a 66.9% rise in operating profit compared to the previous year. This financial performance indicates a strong recovery and improved market positioning, benefiting stakeholders with increased dividends and a solid equity ratio.

The most recent analyst rating on (JP:6525) stock is a Buy with a Yen6150.00 price target. To see the full list of analyst forecasts on Kokusai Electric Corporation stock, see the JP:6525 Stock Forecast page.