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Kawaden Corporation (JP:6648)
:6648
Japanese Market
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Kawaden Corporation (6648) AI Stock Analysis

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JP:6648

Kawaden Corporation

(6648)

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Outperform 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
¥1,952.00
▼(-74.35% Downside)
Action:Reiterated
Date:05/15/26
The score is driven primarily by strong recent financial performance (notably improved margins/returns and low leverage) and supportive valuation (low P/E with a moderate dividend). These positives are tempered by mixed technicals, with the stock trading below key short-to-medium-term moving averages.
Positive Factors
Accelerating revenue and margin recovery
The company shows a meaningful recovery in top-line and profitability, with 2026 delivering stronger revenue growth and materially wider gross and net margins. Sustained margin expansion implies improved pricing, mix or cost control that can support durable cash generation and reinvestment over the next several quarters.
Negative Factors
Through-cycle profitability volatility
Historical swings in profitability and cash conversion reduce predictability of margins and returns across economic cycles. That variability complicates capacity planning, capital allocation and investor visibility, increasing the risk that current improvements may partially reverse during weaker demand periods over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating revenue and margin recovery
The company shows a meaningful recovery in top-line and profitability, with 2026 delivering stronger revenue growth and materially wider gross and net margins. Sustained margin expansion implies improved pricing, mix or cost control that can support durable cash generation and reinvestment over the next several quarters.
Read all positive factors

Kawaden Corporation (6648) vs. iShares MSCI Japan ETF (EWJ)

Kawaden Corporation Business Overview & Revenue Model

Company Description
Kawaden Corporation, based in Japan, specializes in the comprehensive lifecycle of electrical machinery and equipment, encompassing design, manufacturing, installation, and sales. Beyond hardware, the company also provides extensive electrical eng...
How the Company Makes Money
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Kawaden Corporation Financial Statement Overview

Summary
Strong recent improvement in revenue growth, margins, and returns, supported by a conservatively levered balance sheet. The main risk is volatility: profitability and cash conversion were meaningfully weaker in earlier years, raising questions about through-cycle consistency.
Income Statement
82
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
72
Positive
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue26.49B24.22B21.33B19.66B18.31B
Gross Profit10.12B8.02B5.63B4.89B4.91B
EBITDA4.71B3.24B1.71B1.09B1.48B
Net Income2.93B1.96B744.40M320.39M646.92M
Balance Sheet
Total Assets27.74B25.57B22.54B21.52B20.61B
Cash, Cash Equivalents and Short-Term Investments10.84B8.12B7.37B7.64B6.68B
Total Debt1.02B1.13B1.06B945.98M1.08B
Total Liabilities7.42B7.82B6.50B6.15B5.33B
Stockholders Equity20.32B17.74B16.04B15.36B15.28B
Cash Flow
Free Cash Flow4.21B1.22B-39.16M1.43B-2.35B
Operating Cash Flow5.06B1.54B166.88M1.71B-988.75M
Investing Cash Flow-1.28B-564.11M-297.13M-356.27M-1.32B
Financing Cash Flow-1.07B-226.11M-138.66M-392.44M-141.48M

Kawaden Corporation Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price7610.00
Price Trends
50DMA
1924.42
Negative
100DMA
2052.27
Negative
200DMA
1920.47
Negative
Market Momentum
MACD
-14.84
Negative
RSI
49.78
Neutral
STOCH
72.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6648, the sentiment is Neutral. The current price of 7610 is above the 20-day moving average (MA) of 1731.15, above the 50-day MA of 1924.42, and above the 200-day MA of 1920.47, indicating a neutral trend. The MACD of -14.84 indicates Negative momentum. The RSI at 49.78 is Neutral, neither overbought nor oversold. The STOCH value of 72.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6648.

Kawaden Corporation Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
¥66.98B12.393.95%2.75%25.74%
80
Outperform
¥71.92B13.132.63%2.11%0.91%
77
Outperform
¥78.53B16.572.79%4.22%7.91%
75
Outperform
¥36.09B9.782.74%9.38%49.37%
74
Outperform
¥46.19B11.863.95%-4.76%20.35%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
62
Neutral
¥71.73B12.593.09%7.43%47.87%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6648
Kawaden Corporation
1,801.00
955.16
112.92%
JP:6237
Iwaki Co. Ltd.
3,615.00
1,282.83
55.01%
JP:6333
Teikoku Electric Manufacturing Co., Ltd.
3,190.00
57.92
1.85%
JP:6363
Torishima Pump Mfg.Co., Ltd.
2,836.00
883.88
45.28%
JP:6381
ANEST IWATA Corp.
1,691.00
379.75
28.96%
JP:6517
Denyo Co., Ltd.
3,645.00
899.68
32.77%
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.Date of analysis: May 15, 2026