Seiko Electric Co., Ltd. (JP:6653)
:6653
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Seiko Electric Co., Ltd.
(6653)
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Rating:72Outperform
Price Target:
¥2,406.00
▲(2.38% Upside)
Action:ReiteratedDate:03/05/26
The score is driven primarily by improving financial performance and a significantly stronger balance sheet, tempered by historical cash-flow volatility. Technicals are mixed with short-term weakness versus key moving averages, while valuation appears reasonable with a mid-range P/E and moderate dividend yield.
Positive Factors
De-risked balance sheet (low leverage)
A materially lower debt-to-equity (~0.05 in 2025 vs ~0.45 in 2022) and consistent equity growth signal a conservative, strengthening balance sheet. This durable reduction in leverage lowers financial risk, increases funding flexibility, and supports capital allocation for growth or downturns.
Negative Factors
Cash-flow inconsistency and volatility
Historic swings in cash conversion — including negative operating or free cash flow in 2020, 2022 and a weak/near-negative 2024 — indicate working capital or investment cycles can materially strain liquidity. This volatility raises execution risk and complicates long-term planning.
Read all positive and negative factors
Positive Factors
Negative Factors
De-risked balance sheet (low leverage)
A materially lower debt-to-equity (~0.05 in 2025 vs ~0.45 in 2022) and consistent equity growth signal a conservative, strengthening balance sheet. This durable reduction in leverage lowers financial risk, increases funding flexibility, and supports capital allocation for growth or downturns.
Read all positive factors
Seiko Electric Co., Ltd. (6653) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥33.39B
Dividend Yield1.91%
Average Volume (3M)118.66K
Price to Earnings (P/E)15.6
Beta (1Y)1.27
Revenue Growth3.14%
EPS Growth11.04%
CountryJP
Employees985
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)49.25
Shares Outstanding13,908,595
10 Day Avg. Volume154,880
30 Day Avg. Volume118,663
Financial Highlights & Ratios
PEG Ratio0.73
Price to Book (P/B)1.76
Price to Sales (P/S)1.01
P/FCF Ratio14.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)173.7
Revenue Forecast (FY)¥37.00B
Seiko Electric Co., Ltd. Business Overview & Revenue Model
Company Description
Seiko Electric Co., Ltd. primarily operates in the fields of power system, and environmental energy and control system in Japan. It offers supervision and control systems, digitalization control systems, and electric power equipment; water treatme...
How the Company Makes Money
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Seiko Electric Co., Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.28B | 31.38B | 29.10B | 27.07B | 25.01B | 24.60B |
| Gross Profit | 5.56B | 5.95B | 5.20B | 4.69B | 4.49B | 4.45B |
| EBITDA | 2.76B | 3.06B | 2.42B | 2.01B | 1.83B | 1.75B |
| Net Income | 1.67B | 2.04B | 1.54B | 1.20B | 1.08B | 1.06B |
Balance Sheet | ||||||
| Total Assets | 27.93B | 34.72B | 30.33B | 28.75B | 28.05B | 25.79B |
| Cash, Cash Equivalents and Short-Term Investments | 6.90B | 3.26B | 3.17B | 2.26B | 2.33B | 1.85B |
| Total Debt | 940.00M | 978.00M | 2.84B | 3.43B | 5.47B | 3.93B |
| Total Liabilities | 11.18B | 16.62B | 14.45B | 15.54B | 16.49B | 14.85B |
| Stockholders Equity | 16.75B | 18.09B | 15.88B | 13.21B | 11.56B | 10.94B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.17B | -26.00M | 2.26B | -555.00M | -34.00M |
| Operating Cash Flow | 0.00 | 3.81B | 339.00M | 3.19B | -79.00M | 1.64B |
| Investing Cash Flow | 0.00 | -1.30B | 160.00M | -771.00M | -498.00M | -1.78B |
| Financing Cash Flow | 0.00 | -2.42B | 391.00M | -2.50B | 1.04B | 154.00M |
Seiko Electric Co., Ltd. Technical Analysis
Positive
2350.00
Price Trends
2372.82
Positive
2325.04
Positive
1982.57
Positive
Market Momentum
9.81
Negative
58.59
Neutral
97.56
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6653, the sentiment is Positive. The current price of 2350 is above the 20-day moving average (MA) of 2291.05, below the 50-day MA of 2372.82, and above the 200-day MA of 1982.57, indicating a bullish trend. The MACD of 9.81 indicates Negative momentum. The RSI at 58.59 is Neutral, neither overbought nor oversold. The STOCH value of 97.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6653.
Seiko Electric Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥438.71B | 9.21 | 11.96% | 3.04% | 2.70% | ― | |
78 Outperform | ¥697.86B | 15.50 | 8.07% | 2.85% | 11.18% | -0.75% | |
72 Outperform | ¥33.39B | 15.64 | ― | 1.91% | 3.14% | 11.04% | |
70 Outperform | ¥80.96B | 10.57 | ― | 3.05% | 10.79% | 12.28% | |
64 Neutral | ¥167.94B | 29.59 | 5.91% | 2.39% | -3.24% | -25.21% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | ¥919.59B | 36.79 | 2.99% | 2.62% | 3.51% | ― |
* Technology Sector Average
JP:6653
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Seiko Electric Co., Ltd. Corporate Events
Seiko Electric Reshapes Top Management and Board for Stronger Governance and Growth
Feb 24, 2026
Seiko Electric Co., Ltd. has announced a series of leadership and governance changes, including separating the roles of chairman and representative director as of March 27, 2026, so that Chairman Naonori Tsuchiya will no longer serve as representa...
Seiko Electric Enhances Shareholder Perks to Reward Long-Term Investors
Feb 12, 2026
Seiko Electric Co., Ltd. has approved an expansion of its shareholder benefit program, introducing enhanced rewards for investors who hold at least 100 shares continuously for three years or more. Under the revised scheme, long-term shareholders w...
Seiko Electric Lowers Final-Year Targets for Mid-Term Plan Despite Strong Orders
Feb 12, 2026
Seiko Electric Co., Ltd. has revised the final-year targets of its five-year mid-term management plan SEIKO IC2026, originally launched with the 2022 fiscal year, reflecting recent business performance and order trends. While orders received are s...
Seiko Electric Lifts Dividend Payout and Signals Further Increase for 2026
Feb 12, 2026
Seiko Electric’s board has approved a year-end dividend of ¥25 per share for the fiscal year ended December 31, 2025, up from ¥20 a year earlier, bringing the total annual dividend to ¥50 per share. The payout, funded from ret...
Seiko Electric Lifts Profit, Strengthens Balance Sheet and Hikes Dividend
Feb 12, 2026
Seiko Electric reported solid growth for the fiscal year ended December 31, 2025, with net sales rising 7.8% to ¥31.38 billion and profit attributable to owners of parent climbing 32.6% to ¥2.04 billion, reflecting improved margins and h...
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.