Mimaki Engineering Co., Ltd. (6638) AI Stock Analysis

• Market Cap: ¥53.15B
• Dividend Yield: 2.34%
• Average Volume (3M): 122.56K
• Price to Earnings (P/E): 8.7
• Beta (1Y): 1.28
• Revenue Growth: 5.88%
• EPS Growth: 21.14%
• Country: JP
• Employees: 2,047
• Sector: Technology
• Sector Strength: 81
• Industry: Technology Distributors
• EPS (TTM): 45.69
• Shares Outstanding: 32,040,000
• 10 Day Avg. Volume: 107,700
• 30 Day Avg. Volume: 122,563
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥2,022.00
• Price Target Upside: 11.16% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ¥2,022.00 ▲(11.16% Upside)

Mimaki Engineering Co., Ltd. scores well due to its strong financial performance, characterized by robust revenue growth and profitability. The stock's valuation is attractive, with a low P/E ratio and a decent dividend yield. However, technical indicators suggest potential bearish momentum, which slightly offsets the positive financial and valuation aspects.

Mimaki Engineering Co., Ltd. Business Overview & Revenue Model

Company Description

Mimaki Engineering Co., Ltd. is a Japanese company specializing in the manufacturing and sale of industrial inkjet printers, cutting plotters, and related software. The company serves various sectors, including signage, textile and apparel, packaging, and industrial printing. Mimaki is known for its innovative solutions and high-quality products that cater to the diverse needs of professionals in the graphics and printing industries.

How the Company Makes Money

Mimaki Engineering Co., Ltd. generates revenue primarily through the sale of its wide range of printing and cutting machines. The company's key revenue streams include the sales of industrial inkjet printers, cutting plotters, and associated software. Mimaki also earns from the sales of consumables such as inks and other printing materials that are used with their machinery. Additionally, the company may provide maintenance and support services, contributing to its revenue. Strategic partnerships and a robust distribution network enhance Mimaki's market reach and sales potential, further driving its earnings.

Mimaki Engineering Co., Ltd. Financial Statement Overview

Summary

Mimaki Engineering Co., Ltd. demonstrates strong financial performance with robust revenue growth, healthy profit margins, and solid cash flow generation. The balance sheet is stable with a moderate debt-to-equity ratio and impressive return on equity, indicating efficient use of capital.

Income Statement

Mimaki Engineering Co., Ltd. has demonstrated strong revenue growth over the past year, with a notable increase from the previous period, indicating a positive trajectory. The gross profit margin and net profit margin are healthy, reflecting effective cost management and profitability. The EBIT and EBITDA margins are also solid, showcasing operational efficiency and earnings strength.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio, suggesting a balanced approach to leverage. The return on equity is impressive, highlighting efficient use of shareholders' funds to generate profit. The equity ratio indicates a stable financial structure with a good portion of the company's assets financed by equity.

Cash Flow

Mimaki Engineering has shown substantial improvement in free cash flow and operating cash flow, indicating strong cash generation capabilities. The free cash flow to net income ratio suggests effective conversion of profits into cash. However, the operating cash flow to net income ratio highlights some room for enhancing cash flow efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	83.96B	83.96B	75.63B	70.61B	59.51B	48.72B
Gross Profit	39.12B	39.12B	32.63B	28.45B	23.85B	18.61B
EBITDA	11.11B	10.92B	7.25B	6.00B	4.63B	1.59B
Net Income	6.16B	6.16B	3.71B	2.81B	2.35B	-301.25M
Balance Sheet
Total Assets	76.17B	76.17B	75.72B	69.79B	60.86B	50.84B
Cash, Cash Equivalents and Short-Term Investments	15.45B	15.45B	17.37B	10.49B	8.97B	10.84B
Total Debt	22.94B	22.94B	28.50B	28.85B	23.87B	17.48B
Total Liabilities	43.80B	43.80B	48.33B	47.73B	42.14B	34.63B
Stockholders Equity	32.22B	32.22B	27.26B	21.99B	18.67B	16.20B
Cash Flow
Free Cash Flow	0.00	5.81B	7.47B	-2.06B	-6.69B	6.18B
Operating Cash Flow	0.00	7.86B	9.56B	490.41M	-5.13B	6.63B
Investing Cash Flow	0.00	-2.44B	-2.60B	-3.50B	-2.71B	15.94M
Financing Cash Flow	0.00	-7.54B	-1.44B	3.52B	4.28B	-7.32B

Mimaki Engineering Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1819.00
• 50DMA: Negative
• 100DMA: Negative
• 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:6638, the sentiment is Neutral. The current price of 1819 is above the 20-day moving average (MA) of 1818.60, below the 50-day MA of 1947.08, and above the 200-day MA of 1633.62, indicating a neutral trend. The MACD of -53.09 indicates Positive momentum. The RSI at 40.92 is Neutral, neither overbought nor oversold. The STOCH value of 35.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6638.

Mimaki Engineering Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6638	72 Outperform	¥53.15B	8.68		2.34%	5.88%	21.14%
Sector *	61 Neutral	$35.56B	9.00	-10.49%	1.86%	8.45%	-8.32%
9V2	―	€1.02B	9.83	11.40%	―	―	―
8137	78 Outperform	¥41.48B	19.12		4.15%	-10.70%	-50.96%
9880	77 Outperform	¥20.16B	21.54		4.50%	-3.90%	-44.26%
7537	75 Outperform	¥31.60B	7.08		5.46%	-7.46%	7.37%
8093	67 Neutral	¥21.67B	5.20		3.92%	32.77%	280.02%

Mimaki Engineering Co., Ltd. Corporate Events

Mimaki Engineering Finalizes Treasury Stock Disposal for Compensation

Mimaki Engineering Co., Ltd. has completed the payment process for the disposal of treasury shares as restricted stock compensation, a move decided in a board meeting on July 25, 2025. This action involves the disposal of 16,429 common shares, allocated to directors and executive officers, which could impact the company’s financial structure and align management interests with shareholder value.

The most recent analyst rating on (JP:6638) stock is a Buy with a Yen2137.00 price target. To see the full list of analyst forecasts on Mimaki Engineering Co., Ltd. stock, see the JP:6638 Stock Forecast page.

Mimaki Engineering Reports FY2025 Q1 Results and Highlights Innovative Printing Technology

Mimaki Engineering Co., Ltd. announced its financial results for the first quarter of FY2025, highlighting the performance and future forecasts. A key product, the UJV300DTF-75, utilizes UV-DTF technology to enable printing on uneven or curved surfaces, showcasing the company’s commitment to innovation in the printing industry.

Mimaki Engineering Reports Decline in Q1 2025 Financial Results

Mimaki Engineering Co., Ltd. reported a slight decline in its financial performance for the three months ending June 30, 2025, with net sales decreasing by 2% year-on-year. The company experienced reductions in operating profit and ordinary profit by 5.8% and 6.0%, respectively, indicating challenges in maintaining previous growth levels. Despite these declines, the company’s equity ratio improved slightly, reflecting a stable financial position. The forecast for the fiscal year ending March 31, 2026, suggests modest growth in net sales but anticipates further declines in profits, highlighting potential challenges in the market environment.

Mimaki Engineering Announces Disposal of Treasury Shares for Compensation

Mimaki Engineering Co., Ltd. has announced a decision by its Board of Directors to dispose of treasury shares as restricted stock-based compensation for its directors and executive officers. This move involves the disposal of 16,429 common shares at a price of 2,174 yen per share, totaling 35,716,646 yen. This strategic decision is aimed at aligning the interests of the company’s leadership with its shareholders, potentially enhancing corporate governance and long-term performance.

Mimaki Engineering Announces Executive Officer Appointments

Mimaki Engineering Co., Ltd. has announced a series of executive officer appointments effective July 1, 2025. These changes are part of the company’s strategic efforts to strengthen its leadership team and enhance its operational efficiency across various divisions, including sales, research and development, and global human resources. The appointments are expected to support Mimaki’s growth objectives and improve its competitive positioning in the global market.