HIROSE ELECTRIC CO (JP:6806)
:6806
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HIROSE ELECTRIC CO
(6806)
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Rating:78Outperform
Price Target:
¥30,952.00
▲(43.36% Upside)
Action:Reiterated
Date:05/29/26
The score is primarily supported by strong financial performance—especially the exceptionally low-debt balance sheet and solid profitability—with constructive technical momentum reinforcing the outlook. The main offset is valuation, as the P/E is relatively high and the dividend yield is only modest.
Positive Factors
Conservative balance sheet
Very low leverage (near 1–2% debt-to-equity) gives Hirose durable financial flexibility and downside protection. This supports steady funding for R&D, capex and working capital, helps maintain supply reliability to OEMs, and cushions the company during industry downturns.
Negative Factors
Cyclical revenue and margins
Hirose’s revenue and margins exhibit cyclical swings (notably a 2024 revenue decline followed by a 2025 rebound). Dependence on OEM and end-market demand cycles can produce uneven earnings, complicating multi-quarter planning, capital allocation and consistent returns to shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage (near 1–2% debt-to-equity) gives Hirose durable financial flexibility and downside protection. This supports steady funding for R&D, capex and working capital, helps maintain supply reliability to OEMs, and cushions the company during industry downturns.
Read all positive factors
HIROSE ELECTRIC CO (6806) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥812.88B
Dividend Yield2.85%
Average Volume (3M)97.63K
Price to Earnings (P/E)27.8
Beta (1Y)1.02
Revenue Growth11.53%
EPS Growth1.60%
CountryJP
Employees4,654
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)992.51
Shares Outstanding35,693,970
10 Day Avg. Volume106,790
30 Day Avg. Volume97,633
Financial Highlights & Ratios
PEG Ratio12.74
Price to Book (P/B)1.78
Price to Sales (P/S)3.19
P/FCF Ratio26.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥25,540.00Price Target Upside18.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)1,057.73
Revenue Forecast (FY)¥222.88B
HIROSE ELECTRIC CO Business Overview & Revenue Model
Company Description
Hirose Electric Co.,Ltd. manufactures and sells various types of connectors in Japan and internationally. The company offers multi-pin connectors, including circular and rectangular connectors; connectors for ribbon cables; connectors used for pri...
How the Company Makes Money
Hirose primarily makes money by selling electronic connectors and related interconnect components. Its revenue model is largely volume-driven manufacturing: it develops connector series and variants, produces them at scale, and sells them to OEMs/...
HIROSE ELECTRIC CO Financial Statement Overview
Summary
Income Statement
83
Very Positive
Balance Sheet
93
Very Positive
Cash Flow
78
Positive
| Breakdown | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 211.26B | 189.42B | 165.51B | 183.22B | 163.67B |
| Gross Profit | 89.00B | 85.37B | 72.50B | 88.19B | 74.94B |
| EBITDA | 62.75B | 64.97B | 55.70B | 65.64B | 59.56B |
| Net Income | 33.14B | 33.03B | 26.48B | 34.65B | 31.44B |
Balance Sheet | |||||
| Total Assets | 431.18B | 416.87B | 403.45B | 401.36B | 394.78B |
| Cash, Cash Equivalents and Short-Term Investments | 87.33B | 85.67B | 90.34B | 88.03B | 68.39B |
| Total Debt | 6.22B | 5.20B | 5.93B | 5.48B | 4.97B |
| Total Liabilities | 53.10B | 45.90B | 38.76B | 50.97B | 52.15B |
| Stockholders Equity | 378.07B | 370.15B | 364.17B | 349.85B | 342.07B |
Cash Flow | |||||
| Free Cash Flow | 25.86B | 29.00B | 8.98B | 27.14B | 30.47B |
| Operating Cash Flow | 45.88B | 55.68B | 41.05B | 45.65B | 44.32B |
| Investing Cash Flow | -9.25B | -42.95B | -13.94B | 6.40B | -10.88B |
| Financing Cash Flow | -37.92B | -16.67B | -28.19B | -34.17B | -25.25B |
HIROSE ELECTRIC CO Technical Analysis
Positive
21590.00
Price Trends
21969.66
Positive
20542.42
Positive
19449.52
Positive
Market Momentum
775.16
Negative
68.57
Neutral
66.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6806, the sentiment is Positive. The current price of 21590 is below the 20-day moving average (MA) of 23254.50, below the 50-day MA of 21969.66, and above the 200-day MA of 19449.52, indicating a bullish trend. The MACD of 775.16 indicates Negative momentum. The RSI at 68.57 is Neutral, neither overbought nor oversold. The STOCH value of 66.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6806.
HIROSE ELECTRIC CO Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥812.88B | 27.76 | 8.07% | 2.85% | 11.53% | 1.60% | |
71 Outperform | ¥119.12B | 31.61 | ― | 2.20% | 8.69% | 74.50% | |
70 Outperform | ¥14.42T | 72.11 | 8.95% | 1.88% | 5.02% | 2.02% | |
67 Neutral | ¥6.85T | 39.58 | ― | 1.41% | 13.61% | 17.01% | |
66 Neutral | ¥433.32B | 15.41 | 11.96% | 3.04% | 2.93% | -26.76% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | ¥169.18B | 24.16 | 5.91% | 2.39% | 2.81% | -39.05% |
* Technology Sector Average
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HIROSE ELECTRIC CO Corporate Events
Hirose Electric to Cancel 1.16 Million Treasury Shares to Optimize Capital Structure
May 29, 2026
Hirose Electric has resolved to cancel a portion of its treasury shares in line with its previously announced basic policy on holding and cancelling such shares. The move reflects the company’s capital management approach of keeping treasury...
Hirose Electric Maps Out Medium- to Long-Term Growth Strategy to 2029
May 12, 2026
Hirose Electric outlined its medium‑ to long‑term growth strategy through fiscal 2029, targeting steady increases in sales and improvements in operating margin and ROE. The company plans to build on its existing market segment strategi...
Hirose Electric Doubles Net Profit on Strong Industrial and Automotive Demand
May 11, 2026
Hirose Electric reported significant year-on-year growth in its non-consolidated results for the fiscal year ended March 31, 2026, with net sales rising 9.2% to ¥152.3 billion and operating profit increasing 15.1% to ¥17.0 billion. Ordin...
Hirose Electric Hikes Year-End Dividend to Align with 5% DOE Target
May 11, 2026
Hirose Electric has resolved to increase its year-end dividend for the fiscal year ended March 31, 2026, raising the payout to 260 yen per share from the previously planned 245 yen, with a total dividend outlay of 8,527 million yen funded from ret...
Hirose Electric Weighs Investment Unit Cut to Broaden Investor Access
May 11, 2026
Hirose Electric Co., Ltd. has stated that it views reducing its investment unit as an effective means to invigorate the equity market and broaden participation among individual and other investors. The company emphasizes proactive information disc...
Hirose Electric Posts Higher Revenue, Lifts Dividend and Forecasts Further Growth
May 11, 2026
Hirose Electric reported consolidated revenue of ¥211.3 billion for the year ended March 31, 2026, up 11.5% year on year, with operating profit essentially flat at ¥43.0 billion and profit attributable to owners of the parent edging up 0...
Hirose Electric Halts Share Buybacks in April but Retains Significant Authorization Capacity
May 1, 2026
HIROSE ELECTRIC CO., LTD. reported that it did not repurchase any of its common shares on the Tokyo Stock Exchange during April 2026 under its ongoing board-approved share buyback program. The zero activity for the month comes despite an authoriza...
Hirose Electric Reports Progress and Monthly Update on Share Buyback Program
Apr 1, 2026
Hirose Electric has reported the latest status of its ongoing share buyback program authorized by its board in December 2025. The company is executing the repurchases on the Tokyo Stock Exchange under provisions of the Companies Act, with an appro...
Hirose Electric Reshapes Leadership With Director and Operating Officer Changes
Mar 30, 2026
Hirose Electric announced a series of leadership changes approved by its board on March 30, 2026, which are scheduled to take effect following the June 25, 2026 shareholders meeting. Long‑serving Chairman and Director Kazunori Ishii will ret...
Hirose Electric Reports Progress on Multi-Billion Yen Share Buyback Program
Mar 2, 2026
Hirose Electric has disclosed the latest progress of its ongoing share buyback program authorized by its board in December 2025, reporting the repurchase of 8,700 common shares on the Tokyo Stock Exchange in February 2026 for approximately 145.97 ...
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.