Mitsui High-Tec, Inc. (JP:6966)
:6966
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Mitsui High-Tec, Inc.
(6966)
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Rating:50Neutral
Price Target:
¥669.00
▲(15.15% Upside)
Action:ReiteratedDate:03/13/26
The score is held back primarily by deteriorating financial performance (sharp 2026 revenue and margin decline, and persistently negative free cash flow) and bearish technical conditions (price below major moving averages with negative MACD). Valuation also looks demanding given a high P/E, partially offset by a moderate dividend yield.
Positive Factors
Balance Sheet Resilience
Manageable leverage and steadily growing equity provide structural balance-sheet resilience, allowing the company to fund operations, absorb cyclical revenue swings, and access credit if needed. This underpins long-term financial flexibility for investment or working-capital needs.
Negative Factors
Revenue Volatility & 2026 Decline
A sharp revenue drop in 2026 and prior volatility reduce visibility into future sales, complicating capacity planning and fixed-cost absorption. If demand softness persists, this will pressure margins and investment returns and could force operational restructuring or pricing concessions.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Resilience
Manageable leverage and steadily growing equity provide structural balance-sheet resilience, allowing the company to fund operations, absorb cyclical revenue swings, and access credit if needed. This underpins long-term financial flexibility for investment or working-capital needs.
Read all positive factors
Mitsui High-Tec, Inc. (6966) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥109.10B
Dividend Yield2.45%
Average Volume (3M)1.59M
Price to Earnings (P/E)43.1
Beta (1Y)1.32
Revenue Growth4.60%
EPS Growth-21.64%
CountryJP
Employees4,609
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)-23.31
Shares Outstanding197,334,320
10 Day Avg. Volume1,243,270
30 Day Avg. Volume1,594,150
Financial Highlights & Ratios
PEG Ratio-0.58
Price to Book (P/B)1.20
Price to Sales (P/S)0.62
P/FCF Ratio-38.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥1,000.00Price Target Upside72.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)55
Revenue Forecast (FY)¥239.90B
Mitsui High-Tec, Inc. Business Overview & Revenue Model
Company Description
Mitsui High-tec, Inc. produces and sells lead frames, precision tools, motor cores, and surface grinders for electronics, automobile, and industrial machinery industries in Japan and internationally. It operates through Tooling, Electronic Parts, ...
How the Company Makes Money
The company makes money primarily by selling manufactured products and related engineering services across its main business lines. A core revenue stream is the production and sale of precision press dies (and associated tooling), where it earns r...
Mitsui High-Tec, Inc. Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
66
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 219.25B | 218.33B | 214.89B | 195.88B | 174.62B | 139.43B |
| Gross Profit | 32.38B | 32.19B | 31.85B | 32.34B | 35.70B | 26.24B |
| EBITDA | 28.81B | 26.03B | 30.54B | 29.69B | 32.12B | 23.56B |
| Net Income | 9.33B | 3.15B | 12.22B | 15.54B | 17.58B | 11.78B |
Balance Sheet | ||||||
| Total Assets | 234.39B | 240.99B | 223.70B | 195.70B | 159.80B | 134.04B |
| Cash, Cash Equivalents and Short-Term Investments | 56.43B | 53.04B | 49.88B | 39.25B | 33.94B | 31.31B |
| Total Debt | 86.85B | 87.27B | 76.37B | 62.48B | 51.05B | 48.88B |
| Total Liabilities | 125.06B | 127.38B | 113.37B | 98.70B | 79.19B | 72.65B |
| Stockholders Equity | 108.99B | 113.25B | 109.98B | 96.63B | 80.31B | 61.12B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -3.49B | -1.46B | -4.04B | 651.00M | 369.00M |
| Operating Cash Flow | 0.00 | 24.14B | 24.37B | 31.68B | 22.08B | 18.13B |
| Investing Cash Flow | 0.00 | -28.77B | -26.51B | -36.39B | -19.59B | -17.74B |
| Financing Cash Flow | 0.00 | 7.12B | 11.07B | 8.83B | -665.00M | 12.47B |
Mitsui High-Tec, Inc. Technical Analysis
Negative
581.00
Price Trends
753.89
Negative
755.86
Negative
753.85
Negative
Market Momentum
-58.10
Positive
29.69
Positive
5.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6966, the sentiment is Negative. The current price of 581 is below the 20-day moving average (MA) of 714.05, below the 50-day MA of 753.89, and below the 200-day MA of 753.85, indicating a bearish trend. The MACD of -58.10 indicates Positive momentum. The RSI at 29.69 is Positive, neither overbought nor oversold. The STOCH value of 5.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6966.
Mitsui High-Tec, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥66.27B | 15.26 | 12.96% | 1.36% | 18.44% | 26.68% | |
77 Outperform | ¥605.02B | 24.84 | 12.66% | 2.28% | 9.53% | -11.17% | |
77 Outperform | ¥498.49B | 13.81 | ― | 0.79% | 15.38% | -26.84% | |
76 Outperform | ¥302.36B | 15.35 | 5.77% | 3.28% | 11.15% | -19.39% | |
71 Outperform | ¥422.14B | 22.63 | ― | 1.02% | 29.60% | 24.39% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | ¥109.10B | 43.14 | ― | 2.45% | 4.60% | -21.64% |
* Technology Sector Average
JP:6966
Mitsui High-Tec, Inc.
597.00
-116.82
-16.37%
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Mitsui High-Tec, Inc. Corporate Events
Mitsui High-tec Cuts Medium-Term Targets Amid EV and Semiconductor Headwinds
Mar 11, 2026
Mitsui High-tec revised the financial targets in its medium-term management plan for the fiscal years ending January 2026 through January 2028, cutting its January 2028 net sales goal from ¥310 billion to ¥263 billion and operating profi...
Mitsui High-tec to Refresh Board, Add New Outside Audit Directors
Mar 11, 2026
Mitsui High-tec has announced planned personnel changes among its officers following a board resolution on March 11, 2026, with formal approval to be sought at the April 22, 2026 annual shareholders’ meeting. The slate maintains continuity i...
Mitsui High-tec Takes European Impairment Hit as Core Business Outperforms Forecasts
Mar 11, 2026
Mitsui High-tec has booked significant extraordinary losses tied to its European operations after a slowdown in battery electric vehicle demand in Europe eroded the profitability of certain customer transactions. The company recorded an impairment...
Mitsui High-tec Posts FY2026 Results and Revises Medium-Term Plan
Mar 11, 2026
Mitsui High-tec released its financial results for the fiscal year ending January 31, 2026, detailing consolidated performance and segment data, including year-on-year comparisons of net sales, operating profit, balance sheets, and cash flows. The...
Mitsui High-tec Profits Slump Despite Higher Sales, Dividend Payout Stays Firm
Mar 11, 2026
Mitsui High-tec reported modest net sales growth of 1.6% to ¥218.3 billion for the fiscal year ended January 31, 2026, but saw operating profit fall 21% and profit attributable to owners plunge 74.2%, reflecting margin pressure and a sharp ea...
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.