OKI Electric Industry Company Limited (JP:6703)
:6703
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OKI Electric Industry Company
(6703)
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Rating:70Outperform
Price Target:
¥3,014.00
▲(41.50% Upside)
Action:UpgradedDate:03/05/26
The score is driven primarily by improving financial performance (return to profitability, normalized leverage, positive and growing free cash flow) and strong bullish price trend signals. Valuation is a notable positive due to the low P/E, but the overall score is held back by modest margins, slightly declining TTM revenue, uneven earnings/cash conversion, and overbought technical readings (RSI/Stoch) that elevate near-term pullback risk.
Positive Factors
Return to Profitability
OKI's return to a positive TTM net margin (~4.2%) indicates core operations are once again cash-generative after prior losses. Durable profitability improves the company's ability to fund R&D and maintenance internally, supports dividend capacity, and reduces reliance on external financing for strategic initiatives over the medium term.
Negative Factors
Declining Revenue Trend
A slight TTM revenue decline (~-1.5%) signals difficulty sustaining sales momentum. If this persists, it will limit operating leverage and make fixed-cost absorption harder in hardware and services lines, restraining scalable margin improvement and capacity to reinvest in growth over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to Profitability
OKI's return to a positive TTM net margin (~4.2%) indicates core operations are once again cash-generative after prior losses. Durable profitability improves the company's ability to fund R&D and maintenance internally, supports dividend capacity, and reduces reliance on external financing for strategic initiatives over the medium term.
Read all positive factors
OKI Electric Industry Company (6703) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥275.82B
Dividend Yield2.31%
Average Volume (3M)798.28K
Price to Earnings (P/E)6.3
Beta (1Y)1.53
Revenue Growth-2.36%
EPS Growth-61.50%
CountryJP
Employees14,439
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)78.27
Shares Outstanding87,217,600
10 Day Avg. Volume809,360
30 Day Avg. Volume798,280
Financial Highlights & Ratios
PEG Ratio-0.13
Price to Book (P/B)0.59
Price to Sales (P/S)0.19
P/FCF Ratio2.97
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)191.37
Revenue Forecast (FY)¥443.03B
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
null...
OKI Electric Industry Company Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
62
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 427.68B | 452.46B | 421.85B | 369.10B | 352.06B | 392.87B |
| Gross Profit | 104.84B | 113.36B | 105.41B | 86.19B | 90.12B | 99.42B |
| EBITDA | 32.18B | 33.61B | 32.89B | 14.73B | 18.47B | 21.69B |
| Net Income | 17.88B | 12.48B | 25.65B | -2.80B | 2.07B | -819.00M |
Balance Sheet | ||||||
| Total Assets | 418.90B | 410.96B | 423.40B | 390.43B | 369.17B | 371.55B |
| Cash, Cash Equivalents and Short-Term Investments | 27.12B | 36.87B | 35.04B | 37.75B | 36.69B | 44.84B |
| Total Debt | 110.42B | 103.00B | 118.43B | 128.65B | 100.83B | 94.84B |
| Total Liabilities | 266.03B | 265.22B | 282.08B | 291.14B | 261.53B | 259.94B |
| Stockholders Equity | 152.78B | 145.67B | 141.25B | 99.21B | 107.58B | 111.52B |
Cash Flow | ||||||
| Free Cash Flow | 20.09B | 28.76B | 12.53B | -13.64B | -10.89B | -4.02B |
| Operating Cash Flow | 29.95B | 39.26B | 24.72B | -3.15B | 5.92B | 17.40B |
| Investing Cash Flow | -19.18B | -19.63B | -14.34B | -17.62B | -17.60B | -13.78B |
| Financing Cash Flow | -15.28B | -17.86B | -15.71B | 23.27B | 1.68B | -8.85B |
OKI Electric Industry Company Technical Analysis
Positive
2130.00
Price Trends
2647.38
Positive
2286.83
Positive
1939.60
Positive
Market Momentum
76.58
Negative
67.87
Neutral
93.86
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6703, the sentiment is Positive. The current price of 2130 is below the 20-day moving average (MA) of 2709.36, below the 50-day MA of 2647.38, and above the 200-day MA of 1939.60, indicating a bullish trend. The MACD of 76.58 indicates Negative momentum. The RSI at 67.87 is Neutral, neither overbought nor oversold. The STOCH value of 93.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥44.87B | 71.35 | ― | 4.43% | 0.63% | -24.87% | |
71 Outperform | ¥75.79B | 9.50 | 8.37% | 3.06% | 4.82% | 55.73% | |
70 Outperform | ¥44.92B | 14.45 | ― | 2.93% | -0.90% | -13.24% | |
70 Outperform | ¥275.82B | 6.34 | 12.24% | 2.31% | -2.36% | -61.50% | |
68 Neutral | ¥28.46B | 9.33 | 14.95% | 0.77% | 6.43% | 368.06% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
47 Neutral | ¥5.14B | 44.10 | ― | 2.01% | 13.56% | ― |
* Technology Sector Average
JP:6703
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OKI Electric Industry Company Corporate Events
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...
Oki Electric Lifts Full-Year Profit Outlook Despite Lower Nine-Month Sales
Feb 5, 2026
Oki Electric Industry reported consolidated net sales of ¥282.2 billion for the nine months ended December 31, 2025, down 8.1% year on year, as operating income fell 20.6% to ¥6.1 billion but ordinary income rose 14.9% to ¥6.5 billi...
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.