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

• Market Cap: ¥44.45B
• Dividend Yield: 5.88%
• Average Volume (3M): 20.15K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.61
• Revenue Growth: 3.23%
• EPS Growth: -22.14%
• Country: JP
• Employees: 1,999
• Sector: Technology
• Sector Strength: 84
• Industry: Communication Equipment
• EPS (TTM): 95.68
• Shares Outstanding: 18,220,000
• 10 Day Avg. Volume: 24,280
• 30 Day Avg. Volume: 20,146
• PEG Ratio: -0.37
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.21
• 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

• Rating: 81 Outperform
• Price Target: ¥3,053.00 ▲(13.07%Upside)

Aiphone Co., Ltd. is a financially stable company with a strong balance sheet and effective cash flow management, contributing significantly to its overall score. The company's valuation is attractive with a reasonable P/E ratio and high dividend yield. Technical analysis shows moderate strength, although some caution is warranted with the mixed moving average signals. The absence of significant earnings call data or corporate events limits additional insights.

Aiphone Co., Ltd. Business Overview & Revenue Model

Company Description

Aiphone Co.,Ltd. manufactures and sells communication and security devices under the AIPHONE brand name for housing, hospitals, nursing facilities, office buildings, and other uses worldwide. It offers general intercom devices for home and business use; security door intercoms and electronic locking systems; video door intercoms; health care intercom devices, such as nurse call and home care systems; and information transmission devices comprising living information display panels. The company was incorporated in 1947 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Aiphone Co., Ltd. generates revenue primarily through the sale of its communication and security systems. The company offers a diverse range of products, including audio and video intercom systems, security access controls, and integrated systems for buildings. Aiphone's revenue model relies on direct sales to consumers and businesses, as well as partnerships with distributors and retailers globally. The company's earnings are significantly supported by its strong brand reputation, extensive distribution network, and continuous investment in research and development to introduce new and improved products that meet the evolving needs of its customers. Additionally, Aiphone capitalizes on the growing demand for security solutions driven by increased safety concerns across various sectors.

Aiphone Co., Ltd. Financial Statement Overview

Summary

Aiphone Co., Ltd. is financially stable with strong balance sheet metrics and effective cash flow management. The company shows a robust financial performance with consistent revenue growth and a strong capital structure. However, declining profitability margins indicate room for operational efficiency improvements.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	62.65B	63.32B	61.33B	52.81B	51.99B	46.14B
Gross Profit	26.83B	27.24B	26.53B	22.58B	23.96B	20.94B
EBITDA	5.36B	5.75B	7.24B	4.72B	6.49B	4.60B
Net Income	3.42B	3.62B	4.64B	2.93B	4.23B	3.01B
Balance Sheet
Total Assets	76.14B	77.04B	78.42B	70.60B	69.45B	63.83B
Cash, Cash Equivalents and Short-Term Investments	24.36B	25.53B	22.73B	14.98B	24.34B	20.37B
Total Debt	440.00M	413.00M	459.00M	325.00M	323.00M	211.00M
Total Liabilities	10.36B	10.27B	13.50B	12.21B	13.53B	11.56B
Stockholders Equity	65.78B	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: 2700.00
• 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 2700 is above the 20-day moving average (MA) of 2680.00, above the 50-day MA of 2620.00, and above the 200-day MA of 2647.31, indicating a bullish trend. The MACD of 31.51 indicates Positive momentum. The RSI at 56.08 is Neutral, neither overbought nor oversold. The STOCH value of 26.06 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	¥44.45B	12.30		5.88%	3.23%	-22.14%
Sector *	56 Neutral	$3.18B	5.02	-5.68%	5.66%	8.05%	-41.83%
SATOF		$461.99M	9.81	9.56%	3.75%	―	―
6675	80 Outperform	¥24.00B	6.81		0.73%	7.38%	25.90%
6822	80 Outperform	¥4.11B	4.02		―	3.30%	36.77%
6820	74 Outperform	¥42.11B	14.27		3.95%	-1.34%	-14.87%
6715	50 Neutral	$11.28B	836.13		1.97%	-1.06%	-111.31%

Aiphone Co., Ltd. Corporate Events

Aiphone Co., Ltd. Announces Disposal of Treasury Shares for Executive Incentives

Aiphone Co., Ltd. has announced the disposal of 993 treasury shares as part of a restricted share-based remuneration plan aimed at enhancing corporate value and aligning interests with shareholders. This move is part of a broader incentive plan for executive officers, reflecting the company’s commitment to motivating its leadership team and supporting its medium-term management goals.

Aiphone Co., Ltd. Reports Fiscal Year 2025 Financial Results with Challenges in Profitability

Aiphone Co., Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a modest increase in net sales by 3.2% to ¥63,316 million. However, the company experienced a decline in operating profit by 27.6% and ordinary profit by 32.1%, indicating challenges in maintaining profitability. Despite these setbacks, Aiphone’s equity-to-asset ratio improved to 86.7%, reflecting a strong financial position. The company maintained its annual dividend at ¥130.00 per share, signaling a commitment to shareholder returns. Looking ahead, Aiphone forecasts a slight increase in net sales and profits for the fiscal year ending March 31, 2026, suggesting a cautious optimism for recovery.