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CMK Corporation (JP:6958)
:6958
Japanese Market
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CMK Corporation (6958) AI Stock Analysis

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JP:6958

CMK Corporation

(6958)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
¥834.00
▲(59.16% Upside)
Action:Downgraded
Date:08/17/26
The score is held back primarily by weak cash generation (consistently negative free cash flow), despite improving profitability and a reasonably stable balance sheet. Technicals are supportive with strong momentum but show overbought risk, while valuation is moderate with a decent dividend yield.
Positive Factors
Steady Revenue Growth
Consistent multi-year revenue growth indicates durable demand for CMK's PCB products across customer programs and end markets. A steady top-line provides a platform for scale, supports ongoing manufacturing utilization, and reduces reliance on one-off sales, aiding sustainable operational planning.
Negative Factors
Persistent Negative FCF
Consistent negative free cash flow despite positive operating cash flow shows earnings do not convert into liquidity, implying heavy capex or working-capital demands. This reduces balance-sheet flexibility, forces external funding, and constrains returns or strategic investment over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Consistent multi-year revenue growth indicates durable demand for CMK's PCB products across customer programs and end markets. A steady top-line provides a platform for scale, supports ongoing manufacturing utilization, and reduces reliance on one-off sales, aiding sustainable operational planning.
Read all positive factors

CMK Corporation (6958) vs. iShares MSCI Japan ETF (EWJ)

CMK Corporation Business Overview & Revenue Model

Company Description
CMK Corporation is a global innovator in the design, production, and sale of a diverse range of printed circuit boards and other electronic components. Their offerings cater to both industrial and consumer markets worldwide. The company's extensiv...
How the Company Makes Money
CMK makes money mainly by supplying printed circuit boards (PCBs) and related engineering/manufacturing services to electronics and device manufacturers. Revenue is generated through (1) sales of PCBs produced to customer specifications, with pric...

CMK Corporation Financial Statement Overview

Summary
Income statement and balance sheet are relatively solid (steady revenue growth and moderate leverage), but persistently negative free cash flow across FY2021–FY2026 is a major constraint, raising funding/earnings-quality risk despite positive operating cash flow.
Income Statement
70
Positive
Balance Sheet
74
Positive
Cash Flow
42
Neutral
BreakdownMar 2026Mar 2026Mar 2025Mar 2024Mar 2023
Income Statement
Total Revenue100.20B95.49B90.57B83.84B81.49B
Gross Profit14.94B15.57B14.36B12.63B12.29B
EBITDA9.29B11.83B9.79B7.56B8.02B
Net Income4.03B3.79B3.85B1.59B2.79B
Balance Sheet
Total Assets151.52B148.54B131.61B121.14B104.86B
Cash, Cash Equivalents and Short-Term Investments19.55B22.19B25.34B23.60B15.88B
Total Debt42.23B44.23B37.40B38.05B29.90B
Total Liabilities65.47B67.11B58.69B62.36B50.39B
Stockholders Equity83.49B79.11B70.81B56.85B52.72B
Cash Flow
Free Cash Flow-819.00M-9.21B-6.53B-520.00M-3.77B
Operating Cash Flow7.82B9.06B9.44B6.25B2.48B
Investing Cash Flow-6.88B-18.75B-14.21B-6.60B-6.11B
Financing Cash Flow-4.10B4.70B5.38B6.91B1.57B

CMK Corporation Technical Analysis

Technical Analysis Sentiment
Positive
Last Price524.00
Price Trends
50DMA
683.12
Positive
100DMA
654.14
Positive
200DMA
578.47
Positive
Market Momentum
MACD
24.18
Negative
RSI
70.31
Negative
STOCH
93.01
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6958, the sentiment is Positive. The current price of 524 is below the 20-day moving average (MA) of 663.90, below the 50-day MA of 683.12, and below the 200-day MA of 578.47, indicating a bullish trend. The MACD of 24.18 indicates Negative momentum. The RSI at 70.31 is Negative, neither overbought nor oversold. The STOCH value of 93.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6958.

CMK Corporation Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
¥6.09T25.951.20%21.98%57.54%
63
Neutral
¥52.80B14.703.75%9.67%55.61%
63
Neutral
¥41.68B19.124.53%9.71%23.67%
59
Neutral
¥201.85B26.342.18%0.36%45.02%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
¥1.44T75.850.79%5.60%
45
Neutral
¥88.49B21.964.16%15.81%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6958
CMK Corporation
783.00
436.49
125.97%
JP:6997
Nippon Chemi-Con Corporation
3,165.00
1,901.62
150.52%
JP:6762
TDK Corporation
3,210.00
1,317.23
69.59%
JP:6817
Sumida Corporation
1,267.00
267.53
26.77%
JP:6976
Taiyo Yuden Co., Ltd.
11,015.00
8,126.80
281.38%
JP:6996
Nichicon Corporation
2,978.00
1,714.94
135.78%

CMK Corporation Corporate Events

CMK Corporation Lifts Full-Year Outlook Despite Q1 Net Loss
Aug 5, 2026
CMK Corporation reported year-on-year increases in net sales and operating income for the first quarter of the fiscal year ending March 2027, driven by strong demand in its Mobility and New Business segments, particularly in driving control and sa...
CMK Corporation Books Extraordinary Income From Subsidiary Merger, No Impact on Consolidated Earnings
Aug 5, 2026
CMK Corporation has recorded extraordinary income on a non-consolidated basis following the absorption-type merger of its wholly owned subsidiary, CMK PRODUCTS Corporation, effective April 1, 2026. The income arose from a 1,287 million yen differe...
CMK Corporation Lifts Full-Year Forecast on Strong PCB Demand
Aug 5, 2026
CMK Corporation has raised its full-year forecast for the fiscal year ending March 31, 2027, projecting consolidated net sales of 110 billion yen and a sharp increase in operating profit compared with its May guidance. The upgrade reflects stronge...
CMK Corporation Lifts Sales and Operating Profit but Books Quarterly Net Loss
Aug 5, 2026
CMK Corporation posted a strong rise in net sales for the three months to June 30, 2026, with revenue up 19.4% year on year to ¥27.2 billion and operating profit surging 140.8% to ¥385 million, although it slipped into a net loss attribu...
CMK Forms Strategic Alliance with China’s Ellington in Printed Wiring Boards
Jul 31, 2026
CMK Corporation has entered a strategic alliance with Guangdong Ellington Electronic Technology to deepen collaboration in the printed wiring board business, aligning two established players in multilayer and build‑up board production. The p...
CMK Issues Restricted Stock to Align Management and Shareholder Interests
Jul 24, 2026
CMK Corporation has approved the issuance of 38,082 new common shares as restricted stock compensation for four internal directors and eight executive officers, with a total value of approximately ¥24.7 million at an issue price of ¥648 ...
CMK Corporation Reshapes Leadership to Advance Next‑Generation Management
Jun 25, 2026
CMK Corporation has announced a leadership change, with Isao Osawa relinquishing his role as Representative Director while remaining as Chairman, effective June 25, 2026. The shift is positioned as part of a transition to a next‑generation m...
CMK shifts to DOE-based dividend policy and lifts 2027 payout forecast
May 19, 2026
CMK Corporation has overhauled its shareholder return framework by shifting from a dividend policy based on a roughly 30% consolidated payout ratio to a new approach anchored on a 3% Dividend on Equity (DOE) target. By tying dividends directly to ...
CMK sets 2028 profit targets and 2030 ROE goal under new medium-term plan
May 19, 2026
CMK Corporation has unveiled a medium-term management plan for fiscal years 2026 to 2028 that targets sales of 120 billion yen and operating income of 7.5 billion yen by fiscal 2028, while setting a longer-term goal of achieving a return on equity...
CMK Corporation Lifts Sales but Sees Margin Pressure in FY2025 Results
May 19, 2026
CMK Corporation reported consolidated net sales of ¥100.2 billion for FY2025, a 4.9% year-on-year increase, underscoring steady demand for its electronic components. Despite higher revenue, operating income fell 26.8% to ¥2.79 billion, a...
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.Date of analysis: Aug 17, 2026