Micronics Japan Co., Ltd. (JP:6871)
:6871
Want to see JP:6871 full AI Analyst Report?
Top Page
Micronics Japan Co., Ltd.
(6871)
Select Model
Select Model
Rating:81Outperform
Price Target:
¥14,692.00
▲(18.77% Upside)
Action:Reiterated
Date:05/15/26
The score is driven primarily by strong financial performance (growth and improving profitability with low leverage), supported by solid bullish technical momentum. Valuation is a modest constraint given a ~20x P/E and a low dividend yield, and cash flow volatility remains the key financial risk to monitor.
Positive Factors
Conservative Balance Sheet
Very low historical leverage and steady equity growth provide financial flexibility to fund R&D, absorb semiconductor cyclicality, and pursue selective capex or tech investments. This conservatism supports long-term resilience and optionality versus highly leveraged peers.
Negative Factors
Cash Flow Volatility
Intermittent negative free cash flow despite positive earnings points to working-capital swings or lumpy investment. This reduces the firm's ability to self-fund growth consistently, raising reliance on external funding or constrained capital allocation during downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low historical leverage and steady equity growth provide financial flexibility to fund R&D, absorb semiconductor cyclicality, and pursue selective capex or tech investments. This conservatism supports long-term resilience and optionality versus highly leveraged peers.
Read all positive factors
Micronics Japan Co., Ltd. (6871) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥578.47B
Dividend Yield1.02%
Average Volume (3M)953.16K
Price to Earnings (P/E)39.5
Beta (1Y)1.46
Revenue Growth32.81%
EPS Growth59.74%
CountryJP
Employees1,620
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)256.15
Shares Outstanding40,025,314
10 Day Avg. Volume722,800
30 Day Avg. Volume953,160
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)4.13
Price to Sales (P/S)3.89
P/FCF Ratio-42.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥19,000.00Price Target Upside53.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)533.19
Revenue Forecast (FY)¥97.33B
Micronics Japan Co., Ltd. Business Overview & Revenue Model
Company Description
Micronics Japan Co., Ltd. is a global leader in the development, manufacturing, and sales of advanced testing and measurement equipment, serving both the semiconductor and flat panel display (FPD) industries. For the semiconductor sector, its comp...
How the Company Makes Money
Micronics Japan primarily makes money by selling semiconductor test interface products used during wafer probe (front-end) testing. Its core revenue stream comes from probe cards—customized, application-specific consumables/capital goods that conn...
Micronics Japan Co., Ltd. Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
90
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.59B | 70.17B | 55.64B | 38.29B | 44.32B | 40.00B |
| Gross Profit | 30.99B | 33.80B | 27.14B | 17.10B | 20.23B | 17.02B |
| EBITDA | 17.49B | 22.28B | 14.85B | 7.71B | 12.50B | 13.18B |
| Net Income | 9.90B | 12.06B | 8.81B | 4.13B | 7.53B | 8.24B |
Balance Sheet | ||||||
| Total Assets | 81.63B | 99.03B | 81.33B | 56.55B | 54.38B | 49.74B |
| Cash, Cash Equivalents and Short-Term Investments | 16.46B | 19.30B | 23.95B | 17.99B | 21.55B | 19.20B |
| Total Debt | 6.61B | 6.53B | 1.20B | 1.34B | 1.27B | 1.33B |
| Total Liabilities | 29.63B | 32.97B | 31.68B | 15.35B | 15.75B | 16.68B |
| Stockholders Equity | 52.00B | 66.05B | 49.65B | 41.20B | 38.63B | 33.06B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -6.47B | 8.06B | -1.53B | 4.55B | 4.23B |
| Operating Cash Flow | 0.00 | 12.90B | 15.10B | 4.84B | 8.39B | 7.38B |
| Investing Cash Flow | 0.00 | -21.69B | -7.83B | -7.50B | -2.27B | -1.94B |
| Financing Cash Flow | 0.00 | 3.28B | -1.44B | -2.17B | -2.48B | -1.25B |
Micronics Japan Co., Ltd. Technical Analysis
Positive
12370.00
Price Trends
13340.80
Positive
11852.30
Positive
9094.38
Positive
Market Momentum
-17.56
Positive
56.38
Neutral
41.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6871, the sentiment is Positive. The current price of 12370 is below the 20-day moving average (MA) of 14499.50, below the 50-day MA of 13340.80, and above the 200-day MA of 9094.38, indicating a bullish trend. The MACD of -17.56 indicates Positive momentum. The RSI at 56.38 is Neutral, neither overbought nor oversold. The STOCH value of 41.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6871.
Micronics Japan Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥3.97T | 44.42 | 53.12% | 1.11% | 12.01% | 26.66% | |
81 Outperform | ¥578.47B | 39.49 | ― | 1.02% | 32.81% | 59.74% | |
80 Outperform | ¥2.60T | 28.66 | 21.73% | 2.29% | -3.12% | -4.90% | |
80 Outperform | ¥8.67T | 63.94 | 25.78% | 0.79% | 11.08% | 9.32% | |
78 Outperform | ¥19.06T | 52.90 | 47.37% | 0.25% | 44.75% | 135.64% | |
73 Outperform | ¥765.98B | 30.59 | 12.66% | 2.28% | 10.83% | -3.75% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
JP:6871
Micronics Japan Co., Ltd.
15,060.00
10,529.82
232.44%
JP:6857
Advantest
27,325.00
18,033.33
194.08%
JP:7735
SCREEN Holdings Co
13,945.00
8,839.64
173.14%
JP:6146
Disco
79,900.00
45,604.95
132.98%
JP:6920
Lasertec
44,000.00
29,409.66
201.57%
JP:7729
Tokyo Seimitsu Co., Ltd
18,655.00
10,586.89
131.22%
Micronics Japan Co., Ltd. Corporate Events
Micronics Japan Lifts 2Q Forecast and Unveils 3Q Outlook on Strong Memory Probe Card Demand
May 13, 2026
Micronics Japan Co., Ltd. raised its consolidated forecast for the second quarter of fiscal 2026, citing stronger-than-expected demand for DRAM-related products and increased production capacity for memory probe cards, which are driving higher net...
Micronics Japan Posts Profit Surge and Hikes Earnings Outlook for 2026
May 13, 2026
Micronics Japan reported strong results for the three months ended March 31, 2026, with net sales climbing 48.3% year-on-year to ¥20.9 billion and operating profit nearly doubling to ¥5.6 billion. Profit attributable to owners of the par...
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.