IDEC Corporation (6652) AI Stock Analysis

• Market Cap: ¥63.59B
• Dividend Yield: 5.75%
• Average Volume (3M): 103.20K
• Price to Earnings (P/E): 37.5
• Beta (1Y): 0.94
• Revenue Growth: -7.33%
• EPS Growth: -59.82%
• Country: JP
• Employees: 3,087
• Sector: Industrials
• Sector Strength: 91
• Industry: Industrial - Machinery
• EPS (TTM): 5.52
• Shares Outstanding: 31,374,485
• 10 Day Avg. Volume: 106,530
• 30 Day Avg. Volume: 103,196
• PEG Ratio: -1.21
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥2,495.00
• Price Target Upside: 10.45% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ¥2,485.00 ▲(10.00%Upside)

IDEC Corporation's overall stock score reflects its stable financial position underpinned by a strong balance sheet and robust cash flows. Technical indicators are neutral with slight bullish tendencies, while valuation concerns exist due to a high P/E ratio, somewhat balanced by a strong dividend yield. The lack of recent earnings call data and notable corporate events limits visibility on future guidance.

IDEC Corporation Business Overview & Revenue Model

Company Description

IDEC Corporation (6652) is a leading manufacturer and supplier of industrial automation and control products globally. The company operates across sectors such as manufacturing, energy, and infrastructure, providing a range of products that include programmable logic controllers (PLCs), human-machine interfaces (HMIs), switches, relays, and safety devices. IDEC is known for its commitment to innovation and quality, catering to industries that demand reliable and efficient automation solutions.

How the Company Makes Money

IDEC Corporation generates revenue primarily through the sale of its industrial automation and control products. The company's key revenue streams include direct sales to manufacturing and industrial clients, as well as distribution through a network of partners and resellers. IDEC benefits from long-term relationships with clients in various industries, which contributes to a steady demand for its products. Additionally, IDEC's focus on research and development allows it to introduce innovative products that meet the evolving needs of its customers, thereby driving sales growth. The company may also engage in strategic partnerships and collaborations that enhance its market presence and support its revenue streams.

IDEC Corporation Financial Statement Overview

Summary

IDEC Corporation exhibits a stable financial position with strengths in its balance sheet due to a robust equity structure and manageable debt levels. Despite these positives, challenges are present in the income statement, such as declining revenue and profitability margins. Cash flows are strong, particularly with operating cash generation, although free cash flow is affected by increased capital expenditures. Overall, the company needs to address profitability declines and focus on revenue growth.

Income Statement

The income statement reveals a mixed performance. Gross profit margins have been relatively stable, with a slight decrease from 42.64% in 2024 to 42.22% in 2025. However, net profit margins dropped significantly from 6.06% in 2024 to 2.64% in 2025, indicating pressure on profitability. Revenue growth has been inconsistent, with a decline of 7.32% in 2024, followed by an even steeper decline of 7.33% in 2025. EBIT and EBITDA margins also fell in 2025, suggesting challenges in operational efficiency.

Balance Sheet

The balance sheet is robust, with a strong equity base. The debt-to-equity ratio decreased slightly from 0.38 in 2024 to 0.41 in 2025, indicating manageable leverage. Return on equity has decreased from 6.68% in 2024 to 2.79% in 2025, reflecting the decline in net income. The equity ratio remains strong at approximately 59.51% in 2025, showcasing a solid capital structure.

Cash Flow

Cash flow analysis shows positive trends in operating cash flows, which doubled from 2024 to 2025. Free cash flow, however, decreased from 2024 to 2025, indicating increased capital expenditure. The operating cash flow to net income ratio improved significantly, reflecting strong cash generation relative to reported earnings.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	67.38B	72.71B	83.87B	70.79B	53.98B
Gross Profit	28.45B	31.02B	37.38B	30.31B	22.78B
EBITDA	8.75B	11.72B	18.49B	13.83B	7.81B
Net Income	1.78B	4.41B	10.14B	7.90B	2.80B
Balance Sheet
Total Assets	107.22B	107.14B	104.23B	94.96B	88.25B
Cash, Cash Equivalents and Short-Term Investments	19.21B	17.63B	18.41B	17.90B	16.78B
Total Debt	26.22B	25.24B	25.49B	25.49B	29.12B
Total Liabilities	43.40B	41.13B	45.42B	45.95B	45.14B
Stockholders Equity	63.81B	66.01B	58.81B	48.97B	43.11B
Cash Flow
Free Cash Flow	2.39B	2.94B	4.08B	7.65B	4.05B
Operating Cash Flow	11.25B	5.50B	7.01B	9.65B	7.44B
Investing Cash Flow	-4.10B	-1.92B	-3.11B	-1.39B	-3.15B
Financing Cash Flow	-2.90B	-4.46B	-4.40B	-8.58B	-3.67B

IDEC Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2259.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6652, the sentiment is Negative. The current price of 2259 is below the 20-day moving average (MA) of 2260.60, below the 50-day MA of 2278.92, and below the 200-day MA of 2377.61, indicating a neutral trend. The MACD of 0.18 indicates Negative momentum. The RSI at 49.06 is Neutral, neither overbought nor oversold. The STOCH value of 67.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6652.

IDEC Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6381	79 Outperform	¥58.98B	13.80		3.10%	1.85%	-11.39%
6104	75 Outperform	€76.25B	6.53	10.88%	4.04%	4.69%	-28.71%
6363	74 Outperform	¥54.21B	13.51		2.90%	6.66%	-34.82%
6237	73 Outperform	¥56.01B	12.88		2.97%	2.75%	-0.09%
6652	70 Outperform	¥63.59B	37.50		5.75%	-7.33%	-59.82%
6277	70 Outperform	¥77.98B	13.30		2.31%	-1.66%	0.15%
Sector *	56 Neutral	HK$4.04B	-0.57	10.69%	5.34%	-6.34%	-55.88%

IDEC Corporation Corporate Events

IDEC Completes Treasury Share Disposal for Compensation Plan

IDEC Corporation has completed the payment process for the disposal of 12,720 treasury shares as part of a performance-linked stock compensation plan. This move, resolved in a recent Board of Directors meeting, is aimed at aligning the interests of its directors and executive officers with company performance, potentially enhancing operational efficiency and stakeholder value.

IDEC Completes Treasury Stock Disposal for Executive Remuneration

IDEC Corporation has completed the payment process for the disposal of treasury stocks as restricted stock remuneration, a decision made during the Board of Directors meeting on June 20, 2025. This move involves the disposal of 3,450 shares of common stock at a price of 2,235 yen per share, totaling 7,710,750 yen, and is aimed at compensating six executive officers, potentially impacting the company’s financial strategy and stakeholder interests.

IDEC Corporation Finalizes Stock Options Issuance Details

IDEC Corporation has finalized the details regarding the issuance of stock options, initially resolved in a previous Board of Directors meeting. The company will allocate 3,000 stock acquisition rights to 100 employees, with each right corresponding to 100 shares of common stock, totaling 300,000 shares. This move is part of IDEC’s strategy to incentivize employees and align their interests with the company’s growth objectives.

IDEC Corporation Issues Stock Options to Boost Performance

IDEC Corporation’s Board of Directors has approved the issuance of stock acquisition rights as stock options to employees and directors, aiming to boost motivation and morale. This move is expected to improve the company’s business performance and enhance its international competitiveness by aligning employee interests with corporate goals.

IDEC Corporation Announces Disposal of Treasury Stock as Executive Remuneration

IDEC Corporation’s Board of Directors has resolved to dispose of 3,450 shares of treasury stock as restricted stock remuneration to six executive officers, aiming to align their interests with shareholders and enhance corporate value. This move is part of a broader strategy to implement a stock-based remuneration plan, which seeks to motivate directors and improve long-term business performance by tying compensation to company stock performance.

IDEC Corporation Announces Disposal of Treasury Stock for Performance Compensation

IDEC Corporation’s Board of Directors has resolved to dispose of 12,720 shares of its treasury stock as part of a performance-linked stock compensation plan. This initiative aims to align the interests of directors and executive officers with shareholders, enhancing motivation to improve corporate value and business performance over the medium to long term. The plan is part of a broader strategy to strengthen the company’s market positioning and operational effectiveness.

IDEC Corporation Announces Stock Options for Employees to Enhance Performance

IDEC Corporation has announced a resolution to issue stock acquisition rights as stock options to its employees and directors, aiming to boost motivation and enhance the company’s performance and international competitiveness. This strategic move is expected to align employee interests with corporate goals, potentially strengthening IDEC’s market position and benefiting stakeholders by fostering a more engaged workforce.

IDEC Corporation Announces Treasury Stock Cancellation

IDEC Corporation has announced a resolution to cancel 1.85 million shares of its treasury stock, which constitutes 5.56% of its total issued shares. This decision aligns with its policy to maintain treasury stock holdings below 5% of total shares, reflecting a strategic move to optimize its capital structure and potentially enhance shareholder value.