Kyowa Electronic Instruments Co., Ltd. (6853) AI Stock Analysis

• Market Cap: ¥18.22B
• Dividend Yield: 2.93%
• Average Volume (3M): 55.66K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 0.68
• Revenue Growth: -1.58%
• EPS Growth: 12.24%
• Country: JP
• Employees: 776
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 13.80
• Shares Outstanding: 25,961,100
• 10 Day Avg. Volume: 31,530
• 30 Day Avg. Volume: 55,663
• PEG Ratio: 61.40
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 1.19
• P/FCF Ratio: 85.91
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥953.00 ▲(28.96% Upside)
• Action: Reiterated Date: 02/11/26
• Date: Action: Reiterated 02/11/26

The score is driven primarily by strong financial health—especially very low leverage—offset by inconsistent cash flow quality. Technicals add support with a clear uptrend versus key moving averages and positive MACD, while valuation is fair with a moderate P/E and a ~2.7% dividend yield.

Positive Factors

Very Strong Balance Sheet / Low Leverage

Extremely low debt and a declining debt-to-equity (~0.02 in 2025) provide durable financial flexibility. This conservatism supports investment, R&D, cyclical resilience, and optionality for dividends or opportunistic M&A without stressing cash flow during downturns.

Negative Factors

Inconsistent Cash Flow and Cash Conversion

Volatile operating and free cash flow—including a sharp 2025 cash conversion drop versus net income—creates uncertainty in funding capex, working capital, and shareholder returns. This variability can constrain strategic spending or require cautious liquidity buffers.

Kyowa Electronic Instruments Co., Ltd. Business Overview & Revenue Model

Company Description

Kyowa Electronic Instruments Co., Ltd. manufactures and distributes stress measurement devices in Japan and internationally. It offers various strain gauges; transducers, such as pressure, acceleration, torque, displacement, civil engineering, and...

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Kyowa Electronic Instruments Co., Ltd. manufactures and distributes stress measurement devices in Japan and internationally. It offers various strain gauges; transducers, such as pressure, acceleration, torque, displacement, civil engineering, and...

How the Company Makes Money

Kyowa Electronic Instruments generates revenue through the sale of its electronic measuring instruments and systems, which are sold to a diverse range of industries. Key revenue streams include direct sales of products to manufacturers, distributo...

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Kyowa Electronic Instruments generates revenue through the sale of its electronic measuring instruments and systems, which are sold to a diverse range of industries. Key revenue streams include direct sales of products to manufacturers, distributo...

Kyowa Electronic Instruments Co., Ltd. Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.84B	16.27B	15.35B	14.90B	13.82B	14.50B
Gross Profit	6.08B	6.22B	7.03B	6.67B	5.95B	5.89B
EBITDA	1.89B	1.89B	1.84B	1.63B	1.21B	1.49B
Net Income	1.05B	1.03B	1.07B	898.58M	576.43M	694.53M
Balance Sheet
Total Assets	23.29B	23.74B	24.10B	24.66B	24.21B	24.04B
Cash, Cash Equivalents and Short-Term Investments	5.45B	4.36B	6.32B	6.28B	7.70B	7.69B
Total Debt	546.74M	400.00M	837.36M	1.37B	1.77B	1.76B
Total Liabilities	5.39B	5.53B	5.94B	7.00B	7.15B	6.95B
Stockholders Equity	17.91B	18.21B	18.16B	17.60B	16.92B	16.98B
Cash Flow
Free Cash Flow	0.00	226.26M	1.40B	-523.64M	427.94M	1.63B
Operating Cash Flow	0.00	563.43M	1.62B	-256.80M	582.80M	1.95B
Investing Cash Flow	0.00	-384.08M	-314.00M	-370.65M	-188.24M	-180.17M
Financing Cash Flow	0.00	-1.95B	-1.23B	-982.63M	-448.48M	-600.84M

Kyowa Electronic Instruments Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 739.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6853, the sentiment is Negative. The current price of 739 is below the 20-day moving average (MA) of 787.65, below the 50-day MA of 772.04, and above the 200-day MA of 672.39, indicating a neutral trend. The MACD of -10.27 indicates Positive momentum. The RSI at 35.78 is Neutral, neither overbought nor oversold. The STOCH value of 13.90 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6853.

Kyowa Electronic Instruments Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6850	80 Outperform	¥26.12B	13.32	―	2.89%	6.15%	2.98%
6866	79 Outperform	¥98.94B	15.13	―	3.23%	7.28%	4.16%
6859	75 Outperform	¥67.90B	12.98	―	3.12%	2.78%	-5.32%
6853	73 Outperform	¥18.22B	18.81	―	2.93%	-1.58%	12.24%
6874	72 Outperform	¥21.82B	7.24	―	2.84%	8.78%	16.25%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6858	59 Neutral	¥8.77B	16.72	―	2.45%	15.66%	-69.17%