Alps Alpine Co Ltd (JP:6770)
:6770
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Alps Alpine Co
(6770)
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Rating:66Neutral
Price Target:
¥2,174.00
▼(-4.14% Downside)
Action:DowngradedDate:05/02/26
The score is driven primarily by improving financial performance (profit rebound, strong 2026 cash generation, and a conservatively leveraged balance sheet). This is tempered by weak-to-mixed technicals (price below key moving averages and stretched Stoch) and only moderate valuation support (mid-teens P/E with a ~3% dividend yield).
Positive Factors
Conservative Balance Sheet
Declining debt-to-equity and a conservatively levered balance sheet provide durable financial flexibility: it lowers refinancing risk, supports capex/R&D spending and cushions cyclical shocks, enabling multi-quarter strategic investments without immediate funding stress.
Negative Factors
Thin Net Margins
Low net margins limit the firm's ability to absorb input-cost inflation and competitive price pressure. Persistently narrow margins constrain retained earnings for reinvestment and dividend consistency, weakening long-term profitability resilience versus peers.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Declining debt-to-equity and a conservatively levered balance sheet provide durable financial flexibility: it lowers refinancing risk, supports capex/R&D spending and cushions cyclical shocks, enabling multi-quarter strategic investments without immediate funding stress.
Read all positive factors
Alps Alpine Co (6770) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥394.51B
Dividend Yield3.04%
Average Volume (3M)1.16M
Price to Earnings (P/E)33.6
Beta (1Y)0.91
Revenue Growth2.93%
EPS Growth-26.76%
CountryJP
Employees28,693
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)168.08
Shares Outstanding208,103,740
10 Day Avg. Volume1,019,170
30 Day Avg. Volume1,164,730
Financial Highlights & Ratios
PEG Ratio-0.58
Price to Book (P/B)0.93
Price to Sales (P/S)0.41
P/FCF Ratio7.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥2,800.00Price Target Upside23.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)138.14
Revenue Forecast (FY)¥1.03T
Alps Alpine Co Business Overview & Revenue Model
Company Description
Alps Alpine Co., Ltd. manufactures and sells electronic components in Japan and internationally. It operates through three segments: Electronic Components, Automotive Infotainment, and Logistics. The Electronic Components segment develops, manufac...
How the Company Makes Money
Alps Alpine makes money primarily by designing, manufacturing, and selling electronic components and modules to OEMs and tier suppliers, with automotive customers representing a key end market. Revenue is generated through (1) sales of HMI-related...
Alps Alpine Co Earnings Call Summary
Earnings Call Date:Jul 31, 2025
(Q1-2025)
| % Change Since: |
Next Earnings Date:Jul 30, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant achievements, including record-breaking sales and operating profit growth, along with successful cost structure reforms. However, challenges remain with foreign exchange losses impacting ordinary profit and net profit, and difficulties in the sensor and communication segment. Overall, the company's outlook for H1 has improved with an upward revision in forecast, but uncertainty remains for H2.Positive Updates
Record-breaking Quarterly Sales
Achieved the highest quarterly sales in the company's history for Q1 FY2026 with net sales reaching JPY238.9 billion, a YoY increase of JPY5.3 billion.
Negative Updates
Foreign Exchange Losses
Ordinary profit decreased by JPY3.5 billion YoY to JPY1.2 billion due to a foreign exchange loss of JPY3.7 billion.
Read all updates
Q1-2025 Updates
Positive
Negative
Record-breaking Quarterly Sales
Achieved the highest quarterly sales in the company's history for Q1 FY2026 with net sales reaching JPY238.9 billion, a YoY increase of JPY5.3 billion.
Read all positive updates
Company Guidance
In the recent financial results briefing for ALPS ALPINE CO., LTD., the company reported record-breaking quarterly sales for Q1 of FY2026, with revenue reaching JPY238.9 billion, a YoY increase of JPY5.3 billion. The operating profit also rose by JPY2.5 billion YoY to JPY3.7 billion despite a JPY3.1 billion negative impact from currency appreciation. Ordinary profit, however, fell by JPY3.5 billion YoY to JPY1.2 billion, primarily due to a foreign exchange loss of JPY3.7 billion. The components segment, driven by strong demand for actuators and game console products, achieved net sales of JPY82.9 billion, though operating profit declined YoY due to foreign exchange effects. Meanwhile, the mobility segment experienced lower sales but improved profitability due to structural reforms. The company has revised its H1 earnings forecast upward, anticipating sales of JPY498 billion, an increase of JPY40 billion from the initial forecast, and operating profit of JPY12.1 billion, reflecting early progress in price negotiations and a limited impact from tariffs. Despite uncertainties in H2, ALPS ALPINE remains committed to its medium-term management plan and will continue to monitor the business environment closely.Alps Alpine Co Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 995.73B | 1.02T | 990.41B | 964.09B | 933.11B | 802.85B |
| Gross Profit | 173.31B | 181.57B | 174.75B | 165.65B | 167.02B | 151.10B |
| EBITDA | 70.24B | 75.73B | 68.00B | 59.62B | 79.92B | 80.26B |
| Net Income | 34.57B | 26.88B | 37.84B | -29.81B | 11.47B | 22.96B |
Balance Sheet | ||||||
| Total Assets | 705.09B | 783.15B | 740.72B | 753.99B | 737.00B | 743.52B |
| Cash, Cash Equivalents and Short-Term Investments | 116.06B | 153.61B | 147.94B | 122.67B | 84.17B | 139.73B |
| Total Debt | 73.25B | 92.28B | 101.09B | 129.60B | 122.28B | 121.17B |
| Total Liabilities | 303.32B | 333.75B | 325.20B | 361.16B | 337.21B | 318.21B |
| Stockholders Equity | 400.32B | 447.53B | 414.00B | 391.18B | 398.22B | 389.61B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 52.32B | 22.78B | 41.83B | -28.36B | -4.88B |
| Operating Cash Flow | 0.00 | 95.93B | 65.82B | 89.17B | 15.41B | 34.30B |
| Investing Cash Flow | 0.00 | -58.40B | -1.68B | -55.09B | -54.20B | -45.51B |
| Financing Cash Flow | 0.00 | -41.13B | -37.30B | -1.81B | -742.00M | -13.54B |
Alps Alpine Co Technical Analysis
Positive
2268.00
Price Trends
2167.53
Positive
2071.61
Positive
1892.94
Positive
Market Momentum
30.56
Negative
56.42
Neutral
56.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6770, the sentiment is Positive. The current price of 2268 is above the 20-day moving average (MA) of 2191.41, above the 50-day MA of 2167.53, and above the 200-day MA of 1892.94, indicating a bullish trend. The MACD of 30.56 indicates Negative momentum. The RSI at 56.42 is Neutral, neither overbought nor oversold. The STOCH value of 56.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6770.
Alps Alpine Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥710.51B | 15.50 | 8.07% | 2.85% | 9.08% | -8.71% | |
74 Outperform | ¥5.27T | 64.56 | ― | 1.41% | 13.61% | 17.01% | |
73 Outperform | ¥9.48T | 20.30 | 8.95% | 1.88% | 5.02% | 2.02% | |
66 Neutral | ¥394.51B | 33.59 | 11.96% | 3.04% | 2.93% | -26.76% | |
65 Neutral | ¥771.48B | 15.62 | ― | 2.57% | 5.15% | -47.22% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | ¥164.21B | 15.01 | 5.91% | 2.39% | 2.81% | -39.05% |
* Technology Sector Average
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Alps Alpine Co Corporate Events
Alps Alpine Lifts Sales and Dividends Despite Profit Drop
Apr 30, 2026
Alps Alpine reported a 2.9% rise in net sales to ¥1,019.5 billion for the year ended March 31, 2026, with operating profit up 23.3% and ordinary profit surging 61.0%, supported by improved equity-method contributions, while profit attributabl...
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.