Aiphone Co., Ltd. (6718) AI Stock Analysis

• Market Cap: ¥44.33B
• Dividend Yield: 4.61%
• Average Volume (3M): 38.98K
• Price to Earnings (P/E): 16.6
• Beta (1Y): 0.67
• Revenue Growth: 0.63%
• EPS Growth: -24.87%
• Country: JP
• Employees: 1,999
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): N/A
• Shares Outstanding: 17,640,000
• 10 Day Avg. Volume: 51,490
• 30 Day Avg. Volume: 38,983
• PEG Ratio: -0.53
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.67
• P/FCF Ratio: 9.18
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 29,162.19
• Revenue Forecast (FY): ¥9.92T

• Rating: 81 Outperform
• Price Target: ¥3,256.00 ▲(17.67% Upside)

Aiphone Co., Ltd. scores well due to its strong financial stability and attractive valuation. The technical analysis supports a stable trend, though profitability challenges need addressing. The absence of earnings call and corporate events data limits further insights.

Aiphone Co., Ltd. Business Overview & Revenue Model

Company Description

Aiphone Co., Ltd. (6718) is a leading manufacturer of intercom systems and communication equipment, primarily serving the security and communication sectors. Established in Japan, the company specializes in video intercoms, audio intercoms, and security-related systems that cater to both residential and commercial markets. Aiphone's products are designed to enhance safety, convenience, and efficient communication, making them essential components in various applications such as apartment buildings, schools, hospitals, and corporate facilities.

How the Company Makes Money

Aiphone Co., Ltd. generates revenue primarily through the sale of its intercom systems and related communication products. The company operates on a business-to-business (B2B) model, supplying its products to construction firms, security system integrators, and direct consumers in the residential market. Key revenue streams include sales of video intercom units, audio intercom systems, and integrated security solutions. Aiphone also benefits from recurring revenue through maintenance contracts and product support services. Significant partnerships with construction companies and security service providers enhance its market reach and contribute to consistent sales growth. The company invests in R&D to innovate and expand its product offerings, which further solidifies its revenue base in an evolving technological landscape.

Aiphone Co., Ltd. Financial Statement Overview

Summary

Aiphone Co., Ltd. demonstrates a robust financial performance with consistent revenue growth and a strong balance sheet. Despite slight declines in profitability margins, the company's low leverage and effective cash flow management position it well for future improvements in operational efficiency.

Income Statement

Aiphone Co., Ltd. shows a robust financial performance with consistent revenue growth, evidenced by a 3.24% increase in revenue from 2024 to 2025. The gross profit margin has remained relatively stable at 43.02% in 2025. However, the net profit margin decreased to 5.71% from 7.57% in 2024, indicating pressure on net profitability. EBIT and EBITDA margins also declined slightly, suggesting room for operational efficiency improvements.

Balance Sheet

The company's balance sheet remains strong with a low debt-to-equity ratio of 0.01, indicating minimal leverage. The equity ratio is robust at 86.65%, showcasing a solid capital structure. Return on equity decreased to 5.42% from 7.16% in 2024, reflecting a decline in net income relative to equity.

Cash Flow

Aiphone Co., Ltd. demonstrates strong cash flow management, with a significant positive free cash flow of 4.64 billion JPY in 2025. Despite a decline in operating cash flow, the company's ability to generate free cash flow remains strong, reflected in a free cash flow to net income ratio of 1.28. The operating cash flow to net income ratio also remains healthy at 1.58.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	61.76B	63.32B	61.33B	52.81B	51.99B	46.14B
Gross Profit	26.31B	27.24B	26.53B	22.58B	23.96B	20.94B
EBITDA	4.46B	5.75B	7.24B	5.29B	6.49B	4.68B
Net Income	2.52B	3.62B	4.64B	2.93B	4.23B	3.01B
Balance Sheet
Total Assets	75.21B	77.04B	78.42B	70.60B	69.45B	63.83B
Cash, Cash Equivalents and Short-Term Investments	25.16B	25.53B	22.73B	14.98B	24.34B	20.37B
Total Debt	415.00M	413.00M	459.00M	325.00M	323.00M	211.00M
Total Liabilities	9.50B	10.27B	13.50B	12.21B	13.53B	11.56B
Stockholders Equity	65.71B	66.76B	64.91B	58.39B	55.93B	52.27B
Cash Flow
Free Cash Flow	0.00	4.64B	8.27B	-7.93B	1.32B	2.43B
Operating Cash Flow	0.00	5.72B	9.06B	-4.78B	1.87B	3.12B
Investing Cash Flow	0.00	-729.00M	-58.00M	-2.53B	3.73B	-1.30B
Financing Cash Flow	0.00	-2.41B	-1.70B	-1.76B	-1.33B	-939.00M

Aiphone Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2767.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6718, the sentiment is Positive. The current price of 2767 is below the 20-day moving average (MA) of 2812.90, below the 50-day MA of 2806.46, and above the 200-day MA of 2643.55, indicating a bullish trend. The MACD of -1.34 indicates Positive momentum. The RSI at 50.92 is Neutral, neither overbought nor oversold. The STOCH value of 38.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6718.

Aiphone Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6718	81 Outperform	¥44.33B	16.56	―	4.61%	0.63%	-24.87%
6675	80 Outperform	¥32.12B	8.40	―	2.41%	16.42%	79.16%
6820	74 Outperform	¥46.29B	20.35	―	2.57%	-1.19%	-30.24%
6287	73 Outperform	$72.68B	10.17	9.51%	3.37%	5.32%	106.88%
6822	73 Outperform	¥4.90B	3.76	―	0.44%	4.93%	23.91%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Aiphone Co., Ltd. Corporate Events

Aiphone Completes Treasury Share Cancellation to Boost Shareholder Value

Aiphone Co., Ltd. announced the completion of the cancellation of 580,000 treasury shares, representing 3.18% of the total issued shares, as part of its strategy to enhance shareholder value and address concerns about share dilution. This move aligns with the company’s 8th Medium-term Management Plan, potentially strengthening its market position and reassuring stakeholders about its commitment to shareholder returns.

The most recent analyst rating on (JP:6718) stock is a Buy with a Yen3370.00 price target. To see the full list of analyst forecasts on Aiphone Co., Ltd. stock, see the JP:6718 Stock Forecast page.

Aiphone Co., Ltd. Cancels Treasury Shares to Enhance Shareholder Value

Aiphone Co., Ltd. announced the cancellation of 580,000 treasury shares, representing 3.18% of its total issued shares, as part of its shareholder return strategy. This move is intended to address concerns about share value dilution and aligns with the company’s 8th Medium-term Management Plan, potentially strengthening its market position and reassuring stakeholders.

The most recent analyst rating on (JP:6718) stock is a Buy with a Yen3370.00 price target. To see the full list of analyst forecasts on Aiphone Co., Ltd. stock, see the JP:6718 Stock Forecast page.

Aiphone Co., Ltd. Reports Decline in Quarterly Financial Performance with Optimistic Year-End Forecast

Aiphone Co., Ltd. reported a significant decline in its financial performance for the three months ended June 30, 2025, with net sales dropping by 9.8% and operating profit plummeting by 87.9% compared to the previous year. Despite the downturn, the company maintains a strong equity-to-asset ratio of 87.4%, indicating a stable financial position. The forecast for the fiscal year ending March 31, 2026, shows a modest recovery with expected growth in net sales and profits, suggesting potential resilience in the company’s operations.