Kokusai Electric Corporation (JP:6525)
:6525
Top Page
Kokusai Electric Corporation
(6525)
Select Model
Select Model
Rating:62Neutral
Price Target:
¥5,594.00
▼(-4.85% Downside)
Action:ReiteratedDate:02/18/26
The score is primarily supported by solid profitability and a stronger, lower-risk balance sheet. This is tempered by a mixed technical picture (short-term weakness despite longer-term uptrend signals) and a stretched valuation with a high P/E and low dividend yield.
Positive Factors
Solid Profitability
Sustained mid-teens net margins and healthy gross/operating margins indicate durable earnings power versus peers. Strong margin structure supports reinvestment in R&D and servicing, cushions earnings through cyclical troughs, and underpins long-term return generation for shareholders.
Negative Factors
End-Market Capex Cyclicality
Heavy reliance on semiconductor fab capex means order timing and revenue are inherently lumpy and tied to customers' multi-year investment plans. Structural swings in memory or foundry spending can materially compress demand and create prolonged visibility gaps for planning and capacity utilization.
Read all positive and negative factors
Positive Factors
Negative Factors
Solid Profitability
Sustained mid-teens net margins and healthy gross/operating margins indicate durable earnings power versus peers. Strong margin structure supports reinvestment in R&D and servicing, cushions earnings through cyclical troughs, and underpins long-term return generation for shareholders.
Read all positive factors
Kokusai Electric Corporation (6525) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.40T
Dividend Yield0.73%
Average Volume (3M)6.53M
Price to Earnings (P/E)44.1
Beta (1Y)1.71
Revenue Growth10.98%
EPS Growth6.51%
CountryJP
Employees2,483
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)31.12
Shares Outstanding238,115,620
10 Day Avg. Volume5,647,220
30 Day Avg. Volume6,529,006
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)2.88
Price to Sales (P/S)2.36
P/FCF Ratio43.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥7,368.89Price Target Upside25.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)125.06
Revenue Forecast (FY)¥232.15B
Kokusai Electric Corporation Business Overview & Revenue Model
Company Description
Kokusai Electric Corporation engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide. The company offers deposition process equipment, treatment process equipment, measuring systems...
How the Company Makes Money
Kokusai Electric primarily makes money by selling semiconductor manufacturing equipment used in wafer fabs, especially thermal processing and deposition tools. Revenue is generated from (1) new equipment sales tied to customers’ capital expenditur...
Kokusai Electric Corporation Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
80
Positive
Cash Flow
67
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 237.33B | 238.93B | 180.84B | 245.72B | 245.43B |
| Gross Profit | 97.89B | 101.74B | 68.00B | 93.97B | 100.36B |
| EBITDA | 58.89B | 64.85B | 42.03B | 67.28B | 80.61B |
| Net Income | 32.77B | 36.00B | 22.37B | 40.30B | 51.34B |
Balance Sheet | |||||
| Total Assets | 352.11B | 341.51B | 375.43B | 373.54B | 356.53B |
| Cash, Cash Equivalents and Short-Term Investments | 47.73B | 44.76B | 92.62B | 106.05B | 108.40B |
| Total Debt | 55.84B | 60.18B | 93.02B | 99.21B | 123.19B |
| Total Liabilities | 139.26B | 145.34B | 188.04B | 212.66B | 237.01B |
| Stockholders Equity | 212.84B | 196.17B | 187.39B | 160.88B | 119.52B |
Cash Flow | |||||
| Free Cash Flow | 34.55B | 12.99B | -8.59B | 23.18B | 70.51B |
| Operating Cash Flow | 46.22B | 38.48B | 2.94B | 29.99B | 73.61B |
| Investing Cash Flow | -15.63B | -27.71B | -11.95B | -7.83B | -3.35B |
| Financing Cash Flow | -44.34B | -58.11B | -6.31B | -25.11B | -3.51B |
Kokusai Electric Corporation Technical Analysis
Neutral
5879.00
Price Trends
6109.52
Negative
5551.65
Negative
4569.89
Positive
Market Momentum
-217.83
Positive
43.96
Neutral
37.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6525, the sentiment is Neutral. The current price of 5879 is above the 20-day moving average (MA) of 5777.50, below the 50-day MA of 6109.52, and above the 200-day MA of 4569.89, indicating a neutral trend. The MACD of -217.83 indicates Positive momentum. The RSI at 43.96 is Neutral, neither overbought nor oversold. The STOCH value of 37.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6525.
Kokusai Electric Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥3.01T | 25.03 | 53.12% | 1.11% | 32.51% | 57.19% | |
79 Outperform | ¥18.49T | 33.18 | 26.01% | 1.79% | 16.74% | 16.03% | |
78 Outperform | ¥1.80T | 15.60 | 21.73% | 2.29% | 11.29% | 11.38% | |
77 Outperform | ¥16.34T | 45.29 | 47.37% | 0.25% | 63.36% | 149.43% | |
75 Outperform | ¥7.37T | 35.55 | 25.78% | 0.79% | 13.45% | 20.37% | |
62 Neutral | ¥1.40T | 44.15 | ― | 0.73% | 10.98% | 6.51% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:6525
Kokusai Electric Corporation
5,879.00
3,101.04
111.63%
JP:6857
Advantest
23,425.00
15,681.16
202.50%
JP:7735
SCREEN Holdings Co
19,745.00
9,375.20
90.41%
JP:6146
Disco
67,980.00
33,175.58
95.32%
JP:6920
Lasertec
33,410.00
19,641.72
142.66%
JP:8035
Tokyo Electron
40,360.00
18,244.73
82.50%
Kokusai Electric Corporation Corporate Events
Kokusai Electric Details Q3 FY2026 Metrics and Currency Risks
Feb 12, 2026
Kokusai Electric Corporation released its financial briefing for the third quarter of the fiscal year ending March 2026, covering the period from April to December 2025, prepared under International Financial Reporting Standards. The company empha...
Kokusai Electric Profit Slips but Balance Sheet and Dividends Hold Firm
Feb 12, 2026
Kokusai Electric reported nine‑month revenue of ¥173.1 billion to December 31, 2025, down slightly year on year, with operating profit and net income declining more sharply amid lower adjusted earnings. Despite weaker profitability, equ...
Kokusai Electric Sees Principal Shareholder Cut Stake in Secondary Share Sale
Feb 2, 2026
Kokusai Electric Corporation announced a change in its principal shareholder after Applied Materials Europe B.V. sold 12 million Kokusai shares to Goldman Sachs Securities, which plans to resell the stock in overseas markets. Following the transac...
Kokusai Electric Reshapes Executive Lineup for 2026 with New Vice Presidents and Renewed Leadership
Jan 28, 2026
Kokusai Electric Corporation has announced a new lineup of executive officers effective April 1, 2026, with President and CEO Kazunori Tsukada and all current senior leaders reappointed to their roles overseeing key functions including production,...
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.