Koito Manufacturing Co (7276) AI Stock Analysis

• Market Cap: $649.87B
• Dividend Yield: 2.62%
• Average Volume (3M): 1.13M
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.58
• Revenue Growth: -4.97%
• EPS Growth: 57.64%
• Country: JP
• Employees: 23,807
• Sector: Consumer Cyclical
• Sector Strength: 81
• Industry: Auto - Parts
• EPS (TTM): 35.72
• Shares Outstanding: 307,833,160
• 10 Day Avg. Volume: 689,640
• 30 Day Avg. Volume: 1,132,903
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.41
• Enterprise Value/Revenue: 0.30
• Enterprise Value/Gross Profit: 2.65
• Enterprise Value/Ebitda: 2.92
• 1Y Price Target: $1,706.02
• Price Target Upside: -21.47% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 5

• Rating: 77 Outperform
• Price Target: ¥2,420.00 ▲(11.39% Upside)

Koito Manufacturing Co's stock is supported by strong technical momentum and a solid financial foundation. The valuation is reasonable, though revenue growth challenges and moderate cash conversion are areas to watch. The absence of earnings call and corporate events data limits additional insights.

Koito Manufacturing Co Business Overview & Revenue Model

Company Description

Koito Manufacturing Co., Ltd. manufactures and markets automotive lighting equipment, electrical equipment, and other products in Japan, North America, China, rest of Asia, Europe, and internationally. The company provides automotive lighting products and accessories, including LED, discharge, and halogen headlamps, as well as fog lamps; and signaling lamps/other lighting products comprising LED rear combination, side turn signal, and high-mounted stop lamps. It also offers aircraft lighting and other equipment, such as interior and exterior lights, and caution warning panels, as well as electrical, hydraulic, and mechanical equipment; and ship lights/special products consisting of LED marine lamps and destination indicators. In addition, it manufactures and markets electronic components, electrical devices, telecommunications equipment, precision machinery, miniature bulbs, electrical equipment, resin metal molds, railroad car control equipment, and road traffic signals and traffic control systems, as well as seats for railroad cars, etc. Further, the company provides transportation and logistics, and insurance agency services; and maintains traffic signals and safety equipment. Koito Manufacturing Co., Ltd. was founded in 1915 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Koito Manufacturing Co., Ltd. generates revenue primarily through the sale of its automotive lighting products. The company's key revenue streams include the manufacturing and distribution of headlamps, rear combination lamps, and other automotive lighting systems to automotive manufacturers worldwide. Koito's earnings are significantly bolstered by its long-term partnerships with major automakers, which ensure a steady demand for its products. Additionally, the company's focus on research and development in lighting technology allows it to maintain a competitive edge and meet the evolving needs of the automotive industry, contributing to its financial performance.

Koito Manufacturing Co Financial Statement Overview

Summary

Koito Manufacturing Co demonstrates financial stability with strong profitability and a solid balance sheet. The company has a low debt-to-equity ratio and a healthy return on equity. However, challenges in revenue growth and moderate cash conversion indicate areas for improvement.

Income Statement

Koito Manufacturing Co's income statement shows a stable gross profit margin around 10.5% in the TTM, with a slight decline in revenue growth. The net profit margin is consistent at approximately 5%, indicating steady profitability. However, the negative revenue growth rate in the TTM suggests a potential challenge in maintaining revenue levels.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.009, indicating minimal leverage and financial risk. The return on equity is healthy at around 7.2% in the TTM, reflecting efficient use of equity. The equity ratio is robust, suggesting a solid capital structure.

Cash Flow

The cash flow statement reveals a positive free cash flow growth rate of 14% in the TTM, indicating improved cash generation. The operating cash flow to net income ratio is stable, suggesting consistent cash flow relative to earnings. However, the free cash flow to net income ratio is moderate, indicating room for improvement in cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	906.66B	916.71B	950.29B	864.72B	760.72B	706.38B
Gross Profit	101.72B	96.67B	106.67B	95.83B	96.05B	97.24B
EBITDA	92.38B	108.89B	104.04B	91.32B	97.76B	97.97B
Net Income	49.06B	46.24B	40.88B	29.66B	38.34B	37.61B
Balance Sheet
Total Assets	878.92B	889.95B	965.60B	905.91B	855.24B	782.16B
Cash, Cash Equivalents and Short-Term Investments	276.79B	276.15B	302.87B	315.04B	323.94B	303.89B
Total Debt	6.58B	5.73B	14.29B	22.65B	25.02B	20.95B
Total Liabilities	204.04B	210.09B	246.33B	235.41B	227.92B	212.73B
Stockholders Equity	623.76B	627.20B	671.93B	628.83B	591.16B	537.83B
Cash Flow
Free Cash Flow	46.17B	40.08B	59.26B	19.93B	36.77B	41.43B
Operating Cash Flow	97.99B	88.36B	96.37B	59.76B	65.71B	74.96B
Investing Cash Flow	21.15B	-40.99B	-50.16B	-71.54B	-52.15B	-1.09B
Financing Cash Flow	-73.44B	-78.35B	-59.68B	-13.28B	-8.49B	-18.32B

Koito Manufacturing Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2172.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7276, the sentiment is Positive. The current price of 2172.5 is above the 20-day moving average (MA) of 2066.07, above the 50-day MA of 1914.73, and above the 200-day MA of 1881.88, indicating a bullish trend. The MACD of 64.54 indicates Negative momentum. The RSI at 78.08 is Negative, neither overbought nor oversold. The STOCH value of 87.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7276.

Koito Manufacturing Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7276	77 Outperform	$649.87B	12.32	7.68%	2.62%	-4.97%	57.64%
Sector *	61 Neutral	$17.67B	14.34	-5.25%	3.04%	1.27%	-14.70%
ASEKF	―	$12.19B	10.85	6.66%	6.42%	―	―
DNZOF	―	$38.63B	15.73	7.99%	2.93%	―	―
STAEF	―	$3.04B	14.74	6.27%	2.69%	―	―
6995	77 Outperform	¥227.82B	8.81		3.60%	-1.35%	21.33%
7313	65 Neutral	¥221.81B	33.33		4.45%	-2.24%	-43.32%

Koito Manufacturing Co Corporate Events

Koito Manufacturing Announces Share Buyback Progress

Koito Manufacturing Co., Ltd. has announced the acquisition of 2,225,900 of its own shares between July 1 and July 31, 2025, at a total cost of ¥4,069,252,950 through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan resolved by the Board of Directors to acquire up to 37 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Manufacturing Reports Strong Operational Performance Amid Declining Sales

Koito Manufacturing Co. reported its consolidated earnings for the first quarter of fiscal 2025, revealing a decline in net sales by 4.4% compared to the previous year. Despite this, the company saw significant improvements in operating profit and profit attributable to owners of the parent, increasing by 31.6% and 38.7% respectively, indicating a strong operational performance. The company has revised its full-year forecast, anticipating a decrease in net sales and profits, reflecting the challenging market conditions.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Manufacturing Revises Fiscal 2025 Forecast Amid Market Changes

Koito Manufacturing Co., Ltd. has revised its consolidated business results forecast for fiscal 2025, ending March 31, 2026, due to increased production of ordered vehicle models and favorable foreign exchange rates. However, the company anticipates potential impacts from U.S. tariffs, delays in new model development by some OEMs, and restructuring costs in China, prompting adjustments to their forecasts for both the first half and the full year.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Manufacturing Restructures Chinese Operations Amid Market Shifts

Koito Manufacturing Co., Ltd. has announced a restructuring of its production system in China due to declining sales from Japanese automobile manufacturers, its primary customers, amidst rising competition from local Chinese EV manufacturers. The company plans to dissolve Fuzhou Koito and transfer signal lamp production from Hubei Koito to Guangzhou Koito and Koito Kyushu Limited, aiming to improve operating rates and profitability while minimizing impacts on employees and stakeholders.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Completes Stock Disposal for Compensation Plan

Koito Manufacturing Co., Ltd. has completed the payment procedures for the disposal of its common stock as part of a restricted stock compensation plan. This move, involving the disposal of 156,700 shares at a total value of ¥268,740,500, is aimed at remunerating its directors and corporate officers, potentially impacting the company’s financial strategies and stakeholder interests.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Manufacturing Announces Share Buyback Progress

Koito Manufacturing Co., Ltd. has announced the acquisition of 1,550,600 of its own common shares, amounting to approximately ¥2.74 billion, through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to acquire up to 37 million shares, potentially impacting the company’s stock value and market positioning.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Manufacturing Implements Restricted Stock Remuneration Plan

Koito Manufacturing Co., Ltd. has announced the disposal of treasury shares as part of a Restricted Stock Remuneration Plan aimed at enhancing the motivation of its directors and corporate officers by aligning their interests with shareholders. This plan involves the allocation of 156,700 shares to eligible directors and officers, with a total disposal value of ¥268,740,500, and is designed to improve corporate value and stock price appreciation.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

Koito Manufacturing Announces Share Buyback Plan to Boost Shareholder Returns

Koito Manufacturing Co., Ltd. has announced a decision to acquire its own shares, aiming to enhance corporate value and increase shareholder returns. The company plans to acquire up to 37 million shares, equivalent to 13.04% of its total issued shares, with a maximum expenditure of ¥50 billion, as part of its medium-term management plan to provide substantial shareholder returns.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.