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Mabuchi Motor Co
(6592)
Mabuchi Motor Co (6592) vs. iShares MSCI Japan ETF (EWJ)
Mabuchi Motor Co Business Overview & Revenue Model
Mabuchi Motor Co Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 195.86B | 200.42B | 196.21B | 178.66B | 156.71B | 134.59B |
| Gross Profit | 56.42B | 59.59B | 52.88B | 44.14B | 37.46B | 36.41B |
| EBITDA | 30.43B | 38.78B | 35.60B | 28.19B | 32.89B | 30.13B |
| Net Income | 9.27B | 26.27B | 12.83B | 19.42B | 14.29B | 14.25B |
Balance Sheet | ||||||
| Total Assets | 334.03B | 370.16B | 354.99B | 336.61B | 307.78B | 285.70B |
| Cash, Cash Equivalents and Short-Term Investments | 125.78B | 143.41B | 134.94B | 116.60B | 103.11B | 105.50B |
| Total Debt | 1.77B | 1.30B | 517.00M | 830.00M | 1.11B | 122.00M |
| Total Liabilities | 30.39B | 35.92B | 35.37B | 31.57B | 27.61B | 25.80B |
| Stockholders Equity | 303.63B | 334.24B | 319.62B | 305.03B | 280.17B | 259.91B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 25.11B | 26.07B | 18.73B | -267.00M | -879.00M |
| Operating Cash Flow | 0.00 | 35.36B | 40.13B | 31.74B | 10.21B | 8.74B |
| Investing Cash Flow | 0.00 | -10.52B | -15.75B | -15.61B | -10.47B | -12.97B |
| Financing Cash Flow | 0.00 | -17.39B | -16.18B | -11.85B | -10.09B | -11.29B |
Mabuchi Motor Co Technical Analysis
Mabuchi Motor Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥474.15B | 8.69 | 6.33% | 2.71% | 0.75% | 35.26% | |
81 Outperform | ¥290.39B | 9.05 | ― | 3.36% | 1.36% | 139.77% | |
77 Outperform | ¥2.09T | 12.58 | 8.34% | 2.03% | 4.33% | 524.86% | |
70 Outperform | ¥66.41B | 7.67 | ― | 0.99% | -0.83% | -27.20% | |
67 Neutral | ¥6.19T | 16.31 | 6.98% | 2.98% | 2.41% | 11.03% | |
63 Neutral | ¥684.10B | 27.40 | 2.51% | 3.18% | 0.44% | -11.36% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
Mabuchi Motor Co Corporate Events
Mabuchi Motor Co., Ltd. reported substantial foreign exchange gains in non-operating income for the fourth quarter of fiscal 2025, driven by the year-end revaluation of foreign currency-denominated assets and liabilities across the group. These gains totaled ¥4,497 million for the quarter, bringing full-year non-operating foreign exchange gains to an expected ¥4,938 million for the year ended December 31, 2025.
The company noted that this non-operating income is incorporated into its consolidated financial results for fiscal 2025 prepared under J-GAAP, underscoring the material impact of exchange-rate movements on its reported earnings. The announcement highlights how currency volatility continues to be a significant factor in Mabuchi Motor’s financial performance and may influence stakeholder assessment of its underlying operating trends versus accounting-driven gains.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. reported consolidated results for the fiscal year ended December 31, 2025 that exceeded its earlier forecasts, with net sales, operating income, ordinary income, and profit attributable to owners of the parent all surpassing guidance. Earnings per share also rose sharply versus both the previous forecast and the prior year, reflecting stronger profitability and the impact of a recent stock split.
The outperformance was driven by higher-than-expected production and sales volumes as well as a weaker yen, which boosted margins and export competitiveness. Ordinary income and profit attributable to owners of the parent were further lifted by foreign exchange gains and other factors, signaling improved operational leverage and favorable currency tailwinds for shareholders and other stakeholders.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. plans to reverse its entire general reserve of ¥170.1 billion and reclassify it as retained earnings carried forward, pending approval at its 85th Annual General Meeting of Shareholders on March 27, 2026. The move is designed to offset a deficit in retained earnings and give the company greater flexibility for shareholder returns and capital policy, while leaving total net assets and earnings unchanged since it is purely an internal reclassification.
By converting the general reserve into retained earnings carried forward, Mabuchi aims to better position itself to respond to future changes in its business environment without altering its overall financial strength. The transaction underscores a capital management strategy that prioritizes potential future distributions to shareholders and agile balance-sheet management, without immediate impact on reported profitability or equity levels.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor’s board has approved a proposal to pay a year-end dividend of ¥67 per share for the fiscal year ended December 31, 2025, bringing the annual dividend to a record ¥106 per share including the previously paid interim dividend of ¥39. The total year-end payout will be ¥8,272 million, and the move represents a significant increase from the prior year’s ¥76 total dividend and from earlier guidance, underscoring stronger returns to shareholders.
The company also clarified a new dividend policy, stating it will base payouts on a dividend on equity ratio targeted between 3.0% and 4.0%, while using a 4% DOE benchmark when return on equity falls below 10% or price-to-book ratio is under 1.0. Furthermore, Mabuchi committed to ensuring a minimum dividend payout ratio of 50% when a 4% DOE would imply a lower payout, signaling a more shareholder-friendly capital allocation framework starting from fiscal 2025, subject to shareholder approval at the upcoming annual meeting.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd., a Japanese producer of small electric motors for automotive, consumer and industrial uses, positions itself as a stable, shareholder-focused manufacturer in global component markets. The company emphasizes disciplined capital allocation and aims to sustain attractive returns while navigating cyclical demand and competitive pressures.
The company has revised its basic dividend calculation standard to strengthen long-term, stable shareholder returns and improve capital efficiency. From fiscal 2025, if ROE falls below 10% or PBR below 1.0, dividends will be based on a 4% Dividend on Equity, and if that yields a payout ratio under 50%, Mabuchi will raise dividends above the 4% DOE so that at least half of earnings are returned to shareholders.
This policy shift raises the effective floor of shareholder distributions in weaker valuation or profitability conditions, making dividends more resilient across cycles. It also formalizes a tighter linkage between market and profitability indicators and payout levels, which may support investor confidence in the company’s commitment to capital discipline and shareholder-friendly financial management.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. has announced planned changes to its top management, including the promotion of Senior Managing Executive Officer Tadahito Iyoda to Representative Director, pending shareholder approval at the March 27, 2026 ordinary general meeting. The move is aimed at accelerating progress toward the company’s Management Plan 2030 and reinforcing its governance framework.
The company confirmed its current president and chairman will remain in their roles, while outside director Makoto Shibata will join the board and outside director Seiji Sakata will retire to become a corporate adviser. Additional adjustments include a redistribution of executive responsibilities in corporate planning and strategy, and the retirement of the group executive officer for Europe, who will transition to an advisory role in the finance function.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor reported modest sales growth for the year ended December 31, 2025, with net sales up 2.1% to ¥200.4 billion, while operating income rose 17.7% and profit attributable to owners more than doubled, supported by improved profitability and a higher operating margin. The company strengthened its balance sheet, lifted annual dividends to ¥106 per share before a January 2026 stock split, expanded its consolidation scope with 11 newly included subsidiaries, and issued a 2026 forecast calling for continued sales growth but lower full-year ordinary income and profit, signaling expectations of margin pressure despite top-line expansion.
Net assets increased to ¥334.2 billion with an equity ratio above 90%, and cash and cash equivalents climbed to ¥139.9 billion as operating cash flow comfortably covered investment and shareholder returns. The board plans a lower dividend per share for fiscal 2026 post-split, suggesting a recalibration of payout in line with projected profit declines, while the broadened consolidation and accounting policy changes indicate ongoing structural and strategic adjustments that could influence future earnings quality and capital allocation.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1666.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. announced that it did not repurchase any of its own shares during the period from January 1 to January 31, 2026, under its existing treasury stock acquisition program, resulting in zero shares bought and no funds deployed. This update comes within the framework of a previously authorized share buyback of up to 24 million shares, or 9.7% of shares outstanding, and up to ¥19.0 billion through September 30, 2026, with all repurchased shares slated for cancellation at a later date, signaling continued potential for future capital return and balance-sheet optimization despite no activity in the latest month.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen1630.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor has completed the acquisition of Nippon Pulse Motor Co., Ltd., which has been renamed MABUCHI MOTOR NPM CO., LTD., strengthening the group’s capabilities in motion control by combining motors with control systems and deep application know-how in medical and industrial equipment. By integrating Nippon Pulse Motor’s global production and sales network and aligning the subsidiary under the Mabuchi brand, the company aims to expand its business in the Mobility, Machinery and Medical sectors, enhance group cohesion and better meet diverse customer needs worldwide, while noting that the transaction’s impact on current-year consolidated results is expected to be limited.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen2888.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. reported that under its latest treasury stock repurchase framework, no shares were bought between December 23 and December 31, 2025, resulting in a total purchase amount of zero yen for that period. This buyback program, authorized by the board on August 14, 2025, allows for the acquisition of up to 12 million shares (or 24 million shares after a 2-for-1 stock split effective January 1, 2026) with a maximum budget of ¥19.0 billion through open-market purchases, and envisions canceling all repurchased shares at a later date. As of December 31, 2025, however, the company had not yet executed any purchases under this mandate, indicating that the capital-allocation initiative remains in place but is still at a preparatory stage, with timing and market conditions likely to determine when and how actively management proceeds, a point of interest for shareholders watching potential impacts on earnings per share and capital structure.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen2888.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. has completed a board-approved share buyback program, purchasing a total of 3,133,200 shares of its common stock on the open market between February 18 and December 22, 2025, at an aggregate cost of approximately ¥7.0 billion. The final tranche, executed from December 1 to December 22, 2025, comprised 58,800 shares for ¥165.3 million, bringing the program to 68.1% of its maximum share volume but virtually 100% of its authorized monetary limit, signaling disciplined capital allocation and likely supporting shareholder value through reduced share count.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen2888.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.
Mabuchi Motor Co., Ltd. announced the purchase of 104,500 shares of its treasury stock, amounting to ¥280,551,100, as part of a broader plan approved by the board to acquire up to 4,600,000 shares by the end of 2025. This strategic move is aimed at optimizing capital structure and enhancing shareholder value, with the company having already acquired 3,074,400 shares, representing 66.8% of the maximum allowance set for the purchase.
The most recent analyst rating on (JP:6592) stock is a Buy with a Yen2888.00 price target. To see the full list of analyst forecasts on Mabuchi Motor Co stock, see the JP:6592 Stock Forecast page.