SPK Corporation (7466) AI Stock Analysis

• Market Cap: ¥23.38B
• Dividend Yield: 2.59%
• Average Volume (3M): 10.24K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 0.59
• Revenue Growth: 8.56%
• EPS Growth: 4.07%
• Country: JP
• Employees: 566
• Sector: Consumer Cyclical
• Sector Strength: 64
• Industry: Auto - Parts
• EPS (TTM): 75.46
• Shares Outstanding: 10,453,800
• 10 Day Avg. Volume: 9,130
• 30 Day Avg. Volume: 10,236
• PEG Ratio: 0.59
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,533.00
• Price Target Upside: 9.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 80 Outperform
• Price Target: ¥2,533.00 ▲(9.42%Upside)

SPK Corporation receives a strong overall score driven by its robust financial performance and attractive valuation. The technical indicators also support a positive outlook, despite some short-term overbought signals. The absence of earnings call insights and corporate events data does not impact the overall assessment.

SPK Corporation Business Overview & Revenue Model

Company Description

SPK Corporation (7466) is a Japanese-based company that specializes in the distribution and sale of automotive parts and accessories. The company engages in the wholesale business, providing a wide range of products for automobiles, including engines, electrical components, and other essential vehicle parts. SPK Corporation operates primarily in the automotive sector, catering to both domestic and international markets, and is recognized for its comprehensive product offerings and reliable supply chain solutions.

How the Company Makes Money

SPK Corporation makes money through the wholesale distribution of automotive parts and accessories. The company's primary revenue stream comes from selling a broad array of vehicle components, including but not limited to engine parts, electrical systems, and other essential automotive accessories. By leveraging its extensive network of suppliers and customers, SPK Corporation is able to maintain a steady flow of products to meet the demands of the automotive industry. Additionally, the company may engage in strategic partnerships with manufacturers and suppliers, enhancing its ability to offer competitive pricing and a diverse product range, thus contributing to its overall earnings.

SPK Corporation Financial Statement Overview

Summary

SPK Corporation exhibits strong financial health with consistent revenue and profit growth. The income statement is particularly robust, supported by solid gross and net profit margins. The balance sheet is stable with manageable debt levels, although the increase in total debt in 2025 should be monitored. Cash flow management shows some volatility, indicating a need for improvement in maintaining cash reserves.

Income Statement

SPK Corporation has shown a strong performance in the income statement with consistent revenue growth, rising from ¥41.9 billion in 2021 to ¥68.7 billion in 2025. The gross profit margin remains solid, and net profit margin has improved over the years, indicating efficient cost management. EBIT and EBITDA margins are healthy, underscoring operational efficiency. The revenue growth rate from 2024 to 2025 is approximately 8.6%, showcasing a positive growth trajectory.

Balance Sheet

The balance sheet of SPK Corporation is robust, featuring a solid equity base with stockholders' equity growing steadily from ¥17.9 billion in 2020 to ¥26.9 billion in 2025. The debt-to-equity ratio remains manageable, reflecting prudent leverage practices. The equity ratio is strong, indicating financial stability. However, there is a significant increase in total debt in 2025, which may need monitoring to avoid potential risks.

Cash Flow

Cash flow analysis reveals a mixed picture. Operating cash flow has fluctuated, with a dip in 2025 compared to 2024. Free cash flow is positive but has decreased from 2024 to 2025. The operating cash flow to net income ratio is stable, suggesting decent cash generation from operations. However, the free cash flow to net income ratio has been volatile, which could indicate challenges in maintaining consistent cash reserves.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	68.72B	63.30B	54.70B	47.69B	41.90B
Gross Profit	12.87B	11.66B	9.69B	7.90B	7.18B
EBITDA	4.42B	3.94B	3.43B	2.68B	2.30B
Net Income	2.50B	2.39B	2.06B	1.63B	1.38B
Balance Sheet
Total Assets	44.17B	38.64B	34.35B	30.01B	27.93B
Cash, Cash Equivalents and Short-Term Investments	7.87B	6.97B	6.61B	6.15B	7.35B
Total Debt	7.59B	4.33B	3.36B	2.29B	2.40B
Total Liabilities	17.11B	14.05B	12.18B	9.79B	9.03B
Stockholders Equity	26.93B	24.48B	22.18B	20.22B	18.90B
Cash Flow
Free Cash Flow	495.24M	669.40M	160.36M	10.84M	1.97B
Operating Cash Flow	1.19B	1.84B	838.38M	536.48M	2.35B
Investing Cash Flow	-2.89B	-1.80B	-879.51M	-592.53M	-821.74M
Financing Cash Flow	2.49B	167.46M	426.39M	-1.19B	362.41M

SPK Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2315.00
• 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:7466, the sentiment is Positive. The current price of 2315 is above the 20-day moving average (MA) of 2247.00, above the 50-day MA of 2198.26, and above the 200-day MA of 2079.70, indicating a bullish trend. The MACD of 35.99 indicates Negative momentum. The RSI at 67.52 is Neutral, neither overbought nor oversold. The STOCH value of 84.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7466.

SPK Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7466	80 Outperform	¥23.38B	9.39		2.59%	8.56%	4.07%
7236	76 Outperform	¥25.51B	7.43		4.85%	0.36%	248.87%
7266	74 Outperform	¥16.00B	7.31		2.86%	-5.40%	―
6584	65 Neutral	¥24.53B	32.98		4.17%	1.74%	-82.49%
Sector *	64 Neutral	£1.74B	10.46	6.12%	256.38%	0.55%	-33.64%
6470	58 Neutral	¥18.77B	―		3.23%	0.66%	-340.28%
7294	55 Neutral	¥22.22B	―		3.35%	-1.68%	-240.66%

SPK Corporation Corporate Events

SPK Corporation Completes Treasury Share Disposal for Compensation

SPK Corporation has completed the payment procedures for the disposal of 6,555 treasury shares as restricted stock compensation, a decision made in a recent board meeting. This move is part of the company’s strategy to provide compensation to its directors, potentially impacting its financial structure and stakeholder relationships.

SPK Corporation Announces Treasury Share Disposal for Director Incentives

SPK Corporation has announced the disposal of treasury shares as part of a restricted stock compensation plan for its directors. This move is intended to incentivize directors by aligning their interests with those of shareholders, thereby promoting sustainable corporate value improvement. The plan involves issuing 6,555 shares to four directors, with a total value of approximately 13.9 million yen. This strategic decision is expected to enhance the motivation of directors and attract talented individuals to the company, ultimately benefiting its long-term growth and market competitiveness.

SPK Corporation Announces Executive Personnel Changes

SPK Corporation has announced executive personnel changes following a Board of Directors meeting. The changes include the appointment of Akira Kimura as Vice President and Chief Operating Officer, and Masashi Ogawa as a new Director, with Shuji Fujii retiring due to term expiration. These changes are set to be confirmed at the upcoming General Meeting on June 25, 2025, and are expected to impact the company’s leadership structure and operational focus.