Kyocera (6971) AI Stock Analysis

• Market Cap: $3.01T
• Dividend Yield: 2.29%
• Average Volume (3M): 4.12M
• Price to Earnings (P/E): 68.8
• Beta (1Y): 0.73
• Revenue Growth: -0.51%
• EPS Growth: -45.68%
• Country: JP
• Employees: 79,185
• Sector: Industrials
• Sector Strength: 72
• Industry: Consumer Electronics
• EPS (TTM): 13.24
• Shares Outstanding: 1,510,474,400
• 10 Day Avg. Volume: 4,161,980
• 30 Day Avg. Volume: 4,119,896
• PEG Ratio: -1.29
• Price to Book (P/B): 0.73
• Price to Sales (P/S): 1.17
• P/FCF Ratio: 33.68
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 1.18
• Enterprise Value/Gross Profit: 4.21
• Enterprise Value/Ebitda: 10.67
• 1Y Price Target: $2,180.79
• Price Target Upside: 0.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥2,432.00 ▲(11.89% Upside)

Kyocera's overall stock score is driven by strong technical momentum and a solid balance sheet. However, high valuation metrics and profitability pressures weigh down the score. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage provides financial stability and flexibility, enabling Kyocera to invest in growth opportunities and weather economic downturns.

Diverse Revenue Streams

Diversified revenue streams reduce dependency on any single market, enhancing resilience against sector-specific downturns and supporting sustained growth.

Innovation and R&D

Continuous investment in R&D fosters innovation, helping Kyocera maintain a competitive edge and adapt to evolving market demands, ensuring long-term success.

Negative Factors

Profitability Pressures

Declining profitability margins indicate operational challenges, which can impact long-term earnings potential and limit reinvestment in growth initiatives.

Decline in Free Cash Flow Growth

A decline in free cash flow growth suggests challenges in converting earnings to cash, which can affect the company's ability to fund operations and investments.

Revenue Growth Challenges

Sluggish revenue growth can hinder the company's ability to scale operations and capture market share, potentially impacting long-term competitiveness.

Kyocera Business Overview & Revenue Model

Company Description

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The company offers fine ceramic components; automotive components; optical components; and inorganic and organic ceramic packages, and boards for use in industrial machinery, general industrial, smartphones and communication infrastructures, and automotive-related markets. It also provides electronic components and devices comprising capacitors, crystal and SAW devices, connectors, sensing and control devices, power semiconductor and printing devices for the information and communications equipment, industrial equipment, and automotive markets. Further, the company offers smartphones, mobile phones, and communication modules for in-vehicle installation and Internet of Things market; printers, multifunctional products, commercial inkjet printers, document solutions, and supplies. In addition, it provides solar modules for commercial and residential uses; smart energy related products, including storage batteries and energy management systems; and medical devices, such as prosthetic joints and dental prosthetics, and jewelry and kitchen accessories, including ceramic knives. The company offers its products through sales personnel, sales companies, and third-party distributors. The company was formerly known as Kyoto Ceramic Kabushiki Kaisha and changed its name to Kyocera Corporation in 1982. Kyocera Corporation was incorporated in 1946 and is headquartered in Kyoto, Japan.

How the Company Makes Money

Kyocera generates revenue through multiple streams, primarily from the sale of electronic components, printers, and industrial products. The company offers a range of printing solutions, including multifunction printers and imaging systems, which contribute significantly to its earnings. Additionally, Kyocera has a strong presence in the solar energy market, providing solar cells and modules, which have become increasingly important as demand for renewable energy solutions rises. Key partnerships with other technology firms and manufacturers enhance its product offerings and market reach. Furthermore, Kyocera's investment in research and development allows it to innovate and maintain a competitive edge, thus driving sales across its various business segments.

Kyocera Financial Statement Overview

Summary

Kyocera's financial statements show stability with a strong balance sheet and improving cash flow. However, declining profitability and negative revenue growth present challenges.

Income Statement

Kyocera's income statement shows a mixed performance. The gross profit margin remains stable at around 27.8%, indicating consistent cost management. However, the net profit margin has declined significantly to 1.2% in the TTM, reflecting reduced profitability. Revenue growth has been negative recently, with a -1.03% decline in the TTM, signaling potential challenges in maintaining sales momentum. The EBIT and EBITDA margins have also decreased, suggesting pressure on operating efficiency.

Balance Sheet

Kyocera maintains a solid balance sheet with a low debt-to-equity ratio of 0.11, indicating prudent financial leverage. The return on equity has decreased to 0.74% in the TTM, reflecting lower profitability relative to equity. The equity ratio remains strong at approximately 72%, showcasing a robust capital structure. Overall, the balance sheet reflects financial stability but highlights a need for improved profitability.

Cash Flow

Kyocera's cash flow statement reveals a positive trend in free cash flow growth, with a 10.99% increase in the TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is 0.48, suggesting a moderate conversion of earnings to cash. The free cash flow to net income ratio of 0.35 indicates a healthy level of cash flow relative to net income. While cash flow generation is improving, the company should focus on enhancing overall profitability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.01T	2.01T	2.00T	2.03T	1.84T	1.53T
Gross Profit	564.17B	559.17B	553.11B	564.94B	513.64B	406.95B
EBITDA	222.96B	252.21B	220.12B	328.26B	330.66B	228.81B
Net Income	43.56B	24.10B	101.07B	127.99B	148.41B	90.21B
Balance Sheet
Total Assets	4.45T	4.51T	4.47T	4.09T	3.92T	3.49T
Cash, Cash Equivalents and Short-Term Investments	629.56B	473.39B	460.33B	396.90B	458.21B	484.08B
Total Debt	338.11B	342.38B	304.19B	209.80B	149.26B	147.82B
Total Liabilities	1.20T	1.27T	1.21T	1.05T	1.02T	877.36B
Stockholders Equity	3.23T	3.22T	3.23T	3.02T	2.87T	2.59T
Cash Flow
Free Cash Flow	76.13B	70.07B	109.33B	-7.43B	55.05B	88.69B
Operating Cash Flow	212.31B	237.92B	269.07B	179.21B	201.96B	220.82B
Investing Cash Flow	71.85B	-150.48B	-158.41B	-168.83B	-79.46B	-183.79B
Financing Cash Flow	-134.31B	-64.94B	-82.60B	-61.26B	-111.47B	-80.97B

Kyocera Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2173.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6971, the sentiment is Positive. The current price of 2173.5 is above the 20-day moving average (MA) of 2110.30, above the 50-day MA of 2070.34, and above the 200-day MA of 1823.51, indicating a bullish trend. The MACD of 30.63 indicates Negative momentum. The RSI at 62.20 is Neutral, neither overbought nor oversold. The STOCH value of 82.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6971.

Kyocera Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6971	73 Outperform	$3.01T	68.79	1.37%	2.29%	-0.51%	-45.68%
6752	73 Outperform	$4.32T	13.52	6.73%	2.06%	-6.96%	-7.22%
6758	73 Outperform	$27.54T	23.15	14.45%	0.54%	-2.86%	5.93%
6952	66 Neutral	$290.05B	23.16	5.53%	3.54%	-5.43%	55.21%
6810	66 Neutral	¥95.37B	18.23	―	2.21%	3.71%	-3.32%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6753	50 Neutral	¥522.91B	8.81	―	―	-10.88%	―

Kyocera Corporate Events

Kyocera Updates on Share Repurchase Progress

Kyocera Corporation announced the status of its ongoing share repurchase program, having repurchased 10,717,000 shares for approximately 21.96 billion yen between November 1 and November 30, 2025. This move is part of a larger initiative approved by the Board of Directors to repurchase up to 136,240,000 shares by March 2026, aiming to enhance shareholder value and optimize capital structure.

Kyocera Transfers U.S. Subsidiary to TL Sapphire Holdings

Kyocera Corporation has decided to transfer all shares of its U.S. subsidiary, Kyocera Industrial Tools, Inc., to TL Sapphire Holdings, Inc., an affiliate of Truelink Capital Management. This move aligns with Kyocera’s strategy to enhance corporate value by reviewing and concentrating its business portfolio, marking a significant step in its structural reform initiatives.

Kyocera Announces Progress in Share Repurchase Program

Kyocera Corporation announced the status of its share repurchase program, revealing that it has repurchased over 13 million shares worth approximately 26.9 billion yen between October 1 and October 31, 2025. This move is part of a broader strategy approved by the Board of Directors to buy back up to 136 million shares by March 2026, aiming to enhance shareholder value and optimize capital structure.

Kyocera Revises Financial Forecasts and Announces Interim Dividend Amid Economic Uncertainty

Kyocera Corporation has revised its financial forecasts for fiscal 2026, increasing its sales revenue and profit expectations due to favorable currency exchange rates and limited impact from U.S. tariff policies. Additionally, the company announced an interim dividend, reflecting its commitment to shareholder returns despite ongoing global economic uncertainties.

Kyocera Reports Improved Profits Despite Revenue Dip

Kyocera Corporation reported its consolidated financial results for the six months ending September 30, 2025, showing a slight decline in sales revenue but significant improvements in operating profit and profit before income taxes compared to the previous year. The company also revised its dividend forecasts and financial projections for the fiscal year ending March 31, 2026, indicating a strategic focus on enhancing shareholder value and improving financial performance.

Kyocera Announces Progress in Share Repurchase Plan

Kyocera Corporation announced the status of its own share repurchase, revealing that it repurchased 11,049,900 shares at a total cost of 22,321,658,000 yen from September 1 to September 30, 2025. This move is part of a larger plan authorized by the Board of Directors to repurchase up to 136,240,000 shares, with a total budget of 200 billion yen, aiming to enhance shareholder value and optimize capital structure.