OKI Electric Industry Company Limited (JP:6703)
:6703
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OKI Electric Industry Company
(6703)
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Rating:68Neutral
Price Target:
¥3,450.00
▲(61.97% Upside)
Action:Downgraded
Date:05/15/26
The score is driven primarily by improved financial performance (profitability recovery and reduced leverage), supported by reasonable valuation. Technicals add a modest positive tilt, though the stock appears to be consolidating near-term after a stronger longer-term uptrend.
Positive Factors
De-levered balance sheet
Material reduction in leverage and a sizable equity expansion improve financial flexibility and reduce interest burden. Over the next several quarters this durable imbalance reduction strengthens the company's ability to invest in product development, weather cyclical downturns, and pursue selective M&A or capex without immediate refinancing pressure.
Negative Factors
Inconsistent revenue trend
Top‑line inconsistency undermines scalable earnings growth. A falling revenue base limits operating leverage and the benefits of fixed‑cost absorption, making profitability gains harder to sustain. Over the medium term, inconsistent revenue weakens the company's ability to expand margins and fund strategic initiatives reliably.
Read all positive and negative factors
Positive Factors
Negative Factors
De-levered balance sheet
Material reduction in leverage and a sizable equity expansion improve financial flexibility and reduce interest burden. Over the next several quarters this durable imbalance reduction strengthens the company's ability to invest in product development, weather cyclical downturns, and pursue selective M&A or capex without immediate refinancing pressure.
Read all positive factors
OKI Electric Industry Company (6703) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥257.12B
Dividend Yield2.31%
Average Volume (3M)798.28K
Price to Earnings (P/E)10.4
Beta (1Y)1.52
Revenue Growth-6.81%
EPS Growth72.30%
CountryJP
Employees14,439
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)247.96
Shares Outstanding87,217,600
10 Day Avg. Volume809,360
30 Day Avg. Volume798,280
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)1.24
Price to Sales (P/S)0.53
P/FCF Ratio18.06
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)190.43
Revenue Forecast (FY)¥436.61B
OKI Electric Industry Company Business Overview & Revenue Model
Company Description
Oki Electric Industry Co., Ltd. manufactures and sells products, technologies, software, and solutions for telecommunication and information systems in Japan and internationally. It operates through Solution Systems Business and Components & Platf...
How the Company Makes Money
OKI primarily makes money by selling equipment, systems, and related services across its major business lines. (1) Telecommunications and network systems: revenue is generated from designing and delivering communication infrastructure and network-...
OKI Electric Industry Company Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
74
Positive
Cash Flow
54
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 421.63B | 452.46B | 421.85B | 369.10B | 352.06B |
| Gross Profit | 105.16B | 113.36B | 105.41B | 86.19B | 90.12B |
| EBITDA | 34.43B | 33.61B | 32.89B | 14.73B | 18.47B |
| Net Income | 21.51B | 12.48B | 25.65B | -2.80B | 2.07B |
Balance Sheet | |||||
| Total Assets | 445.21B | 410.96B | 423.40B | 390.43B | 369.17B |
| Cash, Cash Equivalents and Short-Term Investments | 35.90B | 36.87B | 35.04B | 37.75B | 36.69B |
| Total Debt | 94.02B | 103.00B | 118.43B | 128.65B | 100.83B |
| Total Liabilities | 264.79B | 265.22B | 282.08B | 291.14B | 261.53B |
| Stockholders Equity | 180.33B | 145.67B | 141.25B | 99.21B | 107.58B |
Cash Flow | |||||
| Free Cash Flow | 12.36B | 28.76B | 12.53B | -13.64B | -10.89B |
| Operating Cash Flow | 20.65B | 39.26B | 24.72B | -3.15B | 5.92B |
| Investing Cash Flow | -10.28B | -19.63B | -14.34B | -17.62B | -17.60B |
| Financing Cash Flow | -11.87B | -17.86B | -15.71B | 23.27B | 1.68B |
OKI Electric Industry Company Technical Analysis
Neutral
2130.00
Price Trends
3014.65
Negative
2668.86
Positive
2173.55
Positive
Market Momentum
-9.17
Positive
41.04
Neutral
8.97
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6703, the sentiment is Neutral. The current price of 2130 is below the 20-day moving average (MA) of 3308.20, below the 50-day MA of 3014.65, and below the 200-day MA of 2173.55, indicating a neutral trend. The MACD of -9.17 indicates Positive momentum. The RSI at 41.04 is Neutral, neither overbought nor oversold. The STOCH value of 8.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6703.
OKI Electric Industry Company Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥71.45B | 14.24 | 8.37% | 3.06% | 5.57% | -28.91% | |
68 Neutral | ¥257.12B | 10.38 | 12.24% | 2.31% | -6.81% | 72.30% | |
68 Neutral | ¥28.88B | 6.45 | 14.95% | 0.77% | 1.57% | -2.93% | |
68 Neutral | ¥42.90B | 17.96 | ― | 4.43% | -0.53% | -31.86% | |
67 Neutral | ¥43.35B | 15.92 | ― | 2.93% | -1.36% | -9.69% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | ¥4.17B | 11.96 | ― | 2.01% | 2.87% | 60.30% |
* Technology Sector Average
JP:6703
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OKI Electric Industry Company Corporate Events
Oki Electric Industry Sets Out Long-Term “OKI Group New Management Plan 2031”
May 13, 2026
Oki Electric Industry has announced that it has formulated its “OKI Group New Management Plan 2031,” signaling a new long-term strategic roadmap for the group. While specific measures were not disclosed in the notice, the launch of a n...
Oki Electric Denies Board Decision on Corporate Name Change
Mar 6, 2026
Oki Electric Industry has clarified that, despite recent media reports, its Board of Directors has not yet passed any resolution to change the company’s corporate name or partially amend its Articles of Incorporation. The company acknowledge...
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.