Japan Resistor Mfg.Co. (JP:6977)
:6977
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Japan Resistor Mfg.Co.
(6977)
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Rating:45Neutral
Price Target:
¥871.00
▼(-9.83% Downside)
Action:ReiteratedDate:02/18/26
The score is held down primarily by weak financial performance (recent losses, declining revenue, and rising leverage despite improved 2025 cash flow). Technicals remain bearish with the stock below key moving averages, though oversold indicators modestly help. Valuation is mixed: the dividend yield is supportive, but a negative P/E reflects ongoing losses.
Positive Factors
Market position and product breadth
The company’s focus on widely used passive components across automotive, telecom and consumer electronics supports durable demand and diversified end markets. Longstanding OEM and distributor relationships and contract manufacturing capability sustain revenue channels versus niche single-customer bets.
Negative Factors
Persistent revenue decline
Three consecutive years of revenue decline signal structural demand weakness or market share loss in core product lines. Continued top-line contraction erodes scale, limits margin leverage, and makes it harder to cover fixed costs, prolonging the recovery path absent new growth drivers.
Read all positive and negative factors
Positive Factors
Negative Factors
Market position and product breadth
The company’s focus on widely used passive components across automotive, telecom and consumer electronics supports durable demand and diversified end markets. Longstanding OEM and distributor relationships and contract manufacturing capability sustain revenue channels versus niche single-customer bets.
Read all positive factors
Japan Resistor Mfg.Co. (6977) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.22B
Dividend Yield3.16%
Average Volume (3M)893.00
Price to Earnings (P/E)―
Beta (1Y)0.29
Revenue Growth-10.07%
EPS Growth-133.40%
CountryJP
Employees329
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-106.61
Shares Outstanding1,240,000
10 Day Avg. Volume1,130
30 Day Avg. Volume893
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.02
Price to Sales (P/S)0.20
P/FCF Ratio11.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Japan Resistor Mfg.Co. Business Overview & Revenue Model
Company Description
Japan Resistor Mfg. Co., Ltd. develops, manufactures, and sells electronic devices, sensor compound apparatuses, hybrid ICs, SMC products, sensors, potentiometers, heaters, and various resistors in Japan and internationally. It offers fixed resist...
How the Company Makes Money
Japan Resistor Mfg. Co. generates revenue primarily through the sale of its electronic components, particularly resistors, which are essential in various electronic circuits. The company's revenue model is based on direct sales to original equipme...
Japan Resistor Mfg.Co. Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
28
Negative
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.03B | 5.91B | 6.45B | 7.18B | 7.20B | 6.19B |
| Gross Profit | 1.16B | 1.25B | 1.31B | 1.54B | 1.68B | 1.40B |
| EBITDA | -108.93M | 52.87M | 33.79M | 307.73M | 385.79M | 273.01M |
| Net Income | -375.46M | -376.51M | -181.41M | 51.34M | 133.21M | 49.87M |
Balance Sheet | ||||||
| Total Assets | 7.41B | 7.21B | 7.73B | 7.67B | 7.62B | 6.84B |
| Cash, Cash Equivalents and Short-Term Investments | 1.93B | 1.66B | 1.67B | 1.50B | 1.37B | 1.42B |
| Total Debt | 4.42B | 4.11B | 4.22B | 3.79B | 3.24B | 2.96B |
| Total Liabilities | 5.75B | 5.55B | 5.83B | 5.64B | 5.59B | 4.97B |
| Stockholders Equity | 1.25B | 1.17B | 1.51B | 1.63B | 1.65B | 1.52B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 105.73M | -251.87M | -415.00M | -260.16M | -377.54M |
| Operating Cash Flow | 0.00 | 230.62M | 76.04M | -186.00M | -144.18M | -275.77M |
| Investing Cash Flow | 0.00 | -75.58M | -199.80M | -204.34M | -103.87M | -88.50M |
| Financing Cash Flow | 0.00 | -168.67M | 240.83M | 494.00M | 221.27M | 9.95M |
Japan Resistor Mfg.Co. Technical Analysis
Positive
966.00
Price Trends
973.26
Positive
965.43
Positive
904.29
Positive
Market Momentum
2.50
Positive
52.17
Neutral
51.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6977, the sentiment is Positive. The current price of 966 is below the 20-day moving average (MA) of 992.60, below the 50-day MA of 973.26, and above the 200-day MA of 904.29, indicating a neutral trend. The MACD of 2.50 indicates Positive momentum. The RSI at 52.17 is Neutral, neither overbought nor oversold. The STOCH value of 51.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6977.
Japan Resistor Mfg.Co. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥7.65T | 59.16 | 8.95% | 1.88% | 2.88% | 28.76% | |
72 Outperform | ¥58.35B | 6.34 | 3.68% | 2.19% | 5.79% | 193.94% | |
70 Outperform | ¥39.87B | 10.06 | ― | 4.53% | -2.57% | 3.43% | |
67 Neutral | ¥4.38T | 15.03 | ― | 1.41% | 7.73% | -1.93% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | ¥622.54B | 15.62 | ― | 2.57% | 4.81% | -49.43% | |
45 Neutral | ¥1.22B | -3.17 | ― | 3.16% | -10.07% | -133.40% |
* Technology Sector Average
JP:6977
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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.