Canon Marketing Japan Inc. (8060) AI Stock Analysis

• Market Cap: ¥739.08B
• Dividend Yield: 2.03%
• Average Volume (3M): 122.74K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.56
• Revenue Growth: 5.40%
• EPS Growth: 23.70%
• Country: JP
• Employees: 18,395
• Sector: Industrials
• Sector Strength: 72
• Industry: Business Equipment & Supplies
• EPS (TTM): 130.87
• Shares Outstanding: 111,079,970
• 10 Day Avg. Volume: 107,730
• 30 Day Avg. Volume: 122,743
• PEG Ratio: 0.93
• Price to Book (P/B): 1.81
• Price to Sales (P/S): 1.10
• P/FCF Ratio: 20.58
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥7,551.00 ▲(9.71% Upside)

The score is led by strong financial performance, especially the very low-leverage balance sheet and consistent profitability. This is tempered by mixed/soft technical signals (below key moving averages with negative MACD), while reasonable valuation and a ~2.5% dividend yield provide some support.

Positive Factors

Balance-sheet strength

Very low leverage and a large equity base provide durable financial flexibility. This supports capital allocation for maintenance capex, service network investments, dividends or opportunistic M&A without pressuring liquidity, improving resilience across business cycles.

Steady revenue and margins

Consistent revenue growth and stable mid-single-digit net margins reflect resilient demand for equipment, consumables and services. This steady operating profile underpins predictable earnings and cash generation, supporting long-term planning and shareholder distributions.

Recurring revenue & channel advantage

An installed base-plus-consumables model and status as Canon's primary domestic sales/marketing arm drive recurring service and supplies income. Brand and channel exclusivity create structural renewal and cross-sell opportunities, stabilizing revenue over multi-year horizons.

Negative Factors

Limited margin expansion

Persistent inability to expand gross or net margins suggests constrained pricing power and a competitive, commoditized end-market. Over time this caps improvement in returns on capital and free cash flow, limiting earnings leverage from revenue growth.

Cash-flow variability

Material year-to-year free cash flow swings reduce predictability for reinvestment and distributions. Working-capital timing and occasional weak FCF increase reliance on balance-sheet flexibility and complicate long-term forecasting and investment plans.

Concentration on Canon products

High dependence on distributing Canon-branded hardware and related services concentrates revenue and strategic risk. Adverse Canon product cycles, channel strategy changes, or shifting supplier arrangements could materially hit sales, limiting independent diversification options.

Canon Marketing Japan Inc. Business Overview & Revenue Model

Company Description

Canon Marketing Japan Inc. markets and sells Canon products and related solutions in Japan. The company operates through four segments: Consumers, Enterprise, Area, and Professional. The Consumers segment provides digital cameras and inkjet printers to individual and corporate consumers. The Enterprise segment sells input and output devices and solutions to solve business problems in each industry primarily for large corporations, quasi-major, and upper medium-sized enterprises. The Area segment supplies input and output devices and solutions to help customers solve business problems primarily for small and medium-sized enterprises. The Professional segment provides feed and cut sheet printers to the printing industry; semiconductor manufacturing systems, and inspection and measurement devices to semiconductor manufacturers and other electronics device manufacturers; and IT solutions, system development, network construction, and hardware services for the medical and healthcare fields. The company was incorporated in 1950 and is headquartered in Tokyo, Japan. Canon Marketing Japan Inc. is a subsidiary of Canon Inc.

How the Company Makes Money

Canon Marketing Japan Inc. generates revenue primarily through the sale of imaging products, including digital cameras and printers, which are complemented by a range of services such as maintenance and support. The company also earns income from selling office equipment and solutions, including multifunction printers and document management systems. Furthermore, revenue is bolstered by partnerships with businesses and educational institutions, providing tailored solutions and services. Canon's continuous investment in R&D ensures innovation, allowing the company to maintain a competitive edge and explore new markets, which further contributes to its earnings.

Canon Marketing Japan Inc. Financial Statement Overview

Summary

Strong overall financial profile driven by an exceptionally conservative balance sheet (minimal leverage, healthy and steady ROE) and steady revenue growth with stable ~6% net margins. The main offset is cash-flow variability (notably weaker in 2023) and limited long-term margin expansion.

Income Statement

Revenue has expanded steadily from 2021–2025, with 2025 up about 7.6% year over year, indicating resilient demand. Profitability is solid and consistent: gross margin sits around ~32% in 2024–2025 and net margin is stable near ~6%, while operating profitability improved versus 2024. The main weakness is that margins have not meaningfully expanded over the longer period (gross margin has drifted down from 2021 levels), suggesting limited pricing power and a more competitive/commoditized mix.

Balance Sheet

The balance sheet is a clear strength, with extremely low leverage (debt-to-equity well under 1% across all years) and a large equity base supporting the asset base. Returns on equity are healthy and fairly steady around ~8–10%, reflecting consistent profitability without relying on debt. A watch item is that equity and assets fluctuate year to year (e.g., equity down in 2023 then up again), but overall leverage remains minimal and financial flexibility appears very strong.

Cash Flow

Cash generation is generally healthy, with positive operating and free cash flow each year and a strong rebound from 2023 to 2024–2025. Free cash flow conversion is decent (free cash flow running at roughly ~63–80% of net income in 2022–2025), supporting quality of earnings. The key weakness is variability: 2023 saw notably weaker free cash flow and recent operating cash flow remains only a moderate share of annual revenue, indicating working-capital or timing swings that can make year-to-year cash results less predictable.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	679.80B	653.92B	609.47B	588.13B	552.09B
Gross Profit	217.70B	210.85B	204.49B	199.29B	190.28B
EBITDA	76.87B	66.34B	63.31B	61.16B	53.35B
Net Income	41.46B	39.31B	36.49B	35.55B	29.42B
Balance Sheet
Total Assets	564.43B	524.59B	557.37B	543.74B	526.42B
Cash, Cash Equivalents and Short-Term Investments	160.07B	110.73B	89.69B	84.63B	68.03B
Total Debt	3.16B	3.50B	305.00M	118.00M	133.00M
Total Liabilities	150.61B	140.89B	121.86B	143.37B	151.74B
Stockholders Equity	412.90B	382.85B	434.78B	399.57B	373.95B
Cash Flow
Free Cash Flow	36.35B	38.26B	17.88B	27.94B	15.93B
Operating Cash Flow	45.91B	47.67B	28.18B	37.73B	32.76B
Investing Cash Flow	31.07B	75.75B	-10.01B	-10.11B	-15.89B
Financing Cash Flow	-27.67B	-102.69B	-13.26B	-11.26B	-9.16B

Canon Marketing Japan Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6883.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8060, the sentiment is Neutral. The current price of 6883 is above the 20-day moving average (MA) of 6876.35, above the 50-day MA of 6824.24, and above the 200-day MA of 5832.91, indicating a neutral trend. The MACD of -16.34 indicates Positive momentum. The RSI at 44.61 is Neutral, neither overbought nor oversold. The STOCH value of 32.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:8060.

Canon Marketing Japan Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6448	76 Outperform	¥803.04B	14.58	7.77%	3.16%	4.30%	78.29%
7984	76 Outperform	¥388.21B	18.40	8.83%	2.33%	6.29%	8.74%
7752	74 Outperform	¥775.37B	12.80	5.91%	2.78%	4.46%	70.22%
8060	73 Outperform	¥739.08B	17.67	10.63%	2.03%	5.40%	23.70%
4901	72 Outperform	¥3.72T	13.75	7.92%	2.07%	5.39%	12.69%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4902	55 Neutral	¥331.56B	-23.52	-12.69%	0.71%	-11.22%	-731.07%

Canon Marketing Japan Inc. Corporate Events

Canon Marketing Japan Inc. Acquires Treasury Stock to Enhance Shareholder Value

Canon Marketing Japan Inc. announced the acquisition of 744,100 shares of its treasury stock, valued at approximately 4.87 billion yen, through repurchases on the Tokyo Stock Exchange during November 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 2 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:8060) stock is a Buy with a Yen7486.00 price target. To see the full list of analyst forecasts on Canon Marketing Japan Inc. stock, see the JP:8060 Stock Forecast page.