Hikari Tsushin, Inc. (JP:9435)
:9435
Top Page
Hikari Tsushin, Inc.
(9435)
Select Model
Select Model
Rating:66Neutral
Price Target:
¥45,025.00
▲(4.76% Upside)
Action:DowngradedDate:02/18/26
The score is driven primarily by strong profitability and improved leverage, supported by a reasonable P/E and modest dividend yield. These positives are tempered by weak technical momentum (below key moving averages with negative MACD) and recent free-cash-flow contraction/volatility.
Positive Factors
High profitability and margins
Sustained high margins across gross, operating and net lines indicate strong pricing, cost control and product mix. These margins provide durable earnings cushion, support reinvestment and shareholder returns, and make the business resilient to modest revenue swings over months.
Negative Factors
Weakened free cash flow and cash conversion
FFO conversion below 100% and a near-15% recent FCF decline show earnings do not fully translate into cash. That raises sensitivity to working-capital swings, constrains organic reinvestment, and increases reliance on external funding for growth or payouts.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability and margins
Sustained high margins across gross, operating and net lines indicate strong pricing, cost control and product mix. These margins provide durable earnings cushion, support reinvestment and shareholder returns, and make the business resilient to modest revenue swings over months.
Read all positive factors
Hikari Tsushin, Inc. (9435) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.73T
Dividend Yield1.59%
Average Volume (3M)69.76K
Price to Earnings (P/E)11.3
Beta (1Y)0.87
Revenue Growth14.45%
EPS Growth29.21%
CountryJP
Employees4,149
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)963.96
Shares Outstanding43,989,643
10 Day Avg. Volume74,800
30 Day Avg. Volume69,756
Financial Highlights & Ratios
PEG Ratio-4.82
Price to Book (P/B)1.85
Price to Sales (P/S)2.47
P/FCF Ratio26.80
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)2,804
Revenue Forecast (FY)¥789.50B
Hikari Tsushin, Inc. Business Overview & Revenue Model
Company Description
Hikari Tsushin, Inc. (9435) is a prominent telecommunications and information technology company based in Japan. The company operates primarily in the telecommunications sector, providing a wide range of services including mobile communications, b...
How the Company Makes Money
Hikari Tsushin generates revenue through multiple streams, primarily by offering telecommunications services, including mobile and fixed-line voice services, broadband internet, and data services. The company also earns significant income from its...
Hikari Tsushin, Inc. Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
72
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 730.24B | 686.55B | 601.95B | 643.98B | 573.03B | 559.43B |
| Gross Profit | 362.15B | 343.30B | 315.17B | 297.33B | 299.95B | 295.55B |
| EBITDA | 123.42B | 118.81B | 109.97B | 84.94B | 89.44B | 82.61B |
| Net Income | 127.41B | 117.52B | 122.23B | 91.35B | 87.54B | 54.61B |
Balance Sheet | ||||||
| Total Assets | 2.72T | 2.37T | 2.08T | 1.69T | 1.45T | 1.26T |
| Cash, Cash Equivalents and Short-Term Investments | 388.54B | 483.27B | 542.61B | 396.00B | 343.49B | 327.56B |
| Total Debt | 1.03T | 934.32B | 822.49B | 721.77B | 612.62B | 514.13B |
| Total Liabilities | 1.55T | 1.43T | 1.26T | 1.09T | 951.93B | 827.81B |
| Stockholders Equity | 1.13T | 914.77B | 790.48B | 571.01B | 468.68B | 393.44B |
Cash Flow | ||||||
| Free Cash Flow | 49.95B | 63.28B | 111.92B | 36.46B | 33.04B | 42.80B |
| Operating Cash Flow | 65.91B | 84.84B | 130.20B | 54.80B | 51.03B | 58.12B |
| Investing Cash Flow | -199.36B | -176.44B | -106.53B | -81.88B | -105.87B | -99.17B |
| Financing Cash Flow | 94.13B | 65.90B | 67.14B | 71.74B | 59.97B | 92.33B |
Hikari Tsushin, Inc. Technical Analysis
Negative
42980.00
Price Trends
42102.74
Negative
42579.76
Negative
41687.73
Negative
Market Momentum
-506.38
Positive
41.05
Neutral
57.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9435, the sentiment is Negative. The current price of 42980 is above the 20-day moving average (MA) of 41240.88, above the 50-day MA of 42102.74, and above the 200-day MA of 41687.73, indicating a bearish trend. The MACD of -506.38 indicates Positive momentum. The RSI at 41.05 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9435.
Hikari Tsushin, Inc. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥6.58B | 1.85 | ― | 3.35% | 7.25% | -11.62% | |
75 Outperform | ¥57.78B | 10.50 | ― | 2.82% | -5.63% | 52.73% | |
67 Neutral | ¥287.34B | 20.36 | ― | 0.82% | 19.48% | 19.77% | |
66 Neutral | ¥1.73T | 11.34 | ― | 1.59% | 14.45% | 29.21% | |
66 Neutral | ¥37.80B | 9.72 | ― | 2.70% | 17.96% | 30.46% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | ¥14.22B | 5.37 | ― | 3.88% | 15.50% | ― |
* Industrials Sector Average
JP:9435
Hikari Tsushin, Inc.
40,240.00
2,308.82
6.09%
JP:4685
Ryoyu Systems Co., Ltd.
2,961.00
-51.85
-1.72%
JP:7509
I. A Group Corporation
4,440.00
1,325.79
42.57%
JP:8157
Tsuzuki Denki Co., Ltd.
3,510.00
1,399.25
66.29%
JP:9248
People, Dreams & Technologies Group Co., Ltd.
1,580.00
34.60
2.24%
JP:9418
U-NEXT HOLDINGS Co.Ltd.
1,593.00
-306.52
-16.14%
Hikari Tsushin, Inc. Corporate Events
Hikari Tsushin Raises Q3 Dividend and Ups Full-Year Payout Forecast
Feb 12, 2026
Hikari Tsushin, Inc. has approved a third quarter-end dividend of 190 yen per share for the period with a record date of December 31, 2025, up from 167 yen a year earlier, bringing total payouts for this distribution to 8,342 million yen. The divi...
Hikari Tsushin Lifts Full-Year Profit Forecast on FX Gains
Feb 12, 2026
Hikari Tsushin has revised its full-year consolidated earnings forecast for the fiscal year ending March 2026, maintaining expected revenue at ¥760 billion and operating profit at ¥115 billion while raising profit attributable to owners ...
Hikari Tsushin Raises Full-Year Net Profit Forecast for FY26/3
Feb 12, 2026
Hikari Tsushin, Inc. reported updated guidance for the fiscal year ending March 2026, keeping its revenue and operating profit forecasts unchanged at 760.0 billion yen and 115.0 billion yen, respectively, implying year-on-year growth of about 10% ...
Hikari Tsushin Lifts FY2026 Outlook as Profits and Equity Base Grow
Feb 12, 2026
Hikari Tsushin reported consolidated revenue of ¥542.5 billion for the nine months ended December 31, 2025, up 8.8% year on year, with operating profit rising 2.2% to ¥88.5 billion and profit attributable to owners of the parent climbing...
Hikari Tsushin Reports Progress on Ongoing Share Buyback Programme
Feb 2, 2026
Hikari Tsushin, Inc. has disclosed the latest progress in its share buyback program authorized by its board on November 11, 2025, under the provisions of Japan’s Companies Act, acquiring 32,300 common shares for approximately ¥1.43 bill...
Hikari Tsushin Reports Progress on ¥10 Billion Share Buyback Program
Jan 5, 2026
Hikari Tsushin, Inc. has reported the progress of its ongoing share buyback program authorized by the board on November 11, 2025, under provisions of the Companies Act of Japan. Between December 1 and December 31, 2025, the company repurchased 30,...
Hikari Tsushin Subsidiary Sues Over Disallowed Tax Losses After Audit Ruling
Dec 26, 2025
Hikari Tsushin, Inc. has disclosed that a consolidated subsidiary has filed a tax lawsuit with the Tokyo District Court after Japan’s tax authorities disallowed part of Intea Holdings, Inc.’s tax loss carryforwards related to past corp...
Hikari Tsushin Announces Share Buyback Strategy
Dec 1, 2025
Hikari Tsushin, Inc. announced the acquisition of 20,100 shares of its own common stock, amounting to 867,134,000 yen, as part of a resolution made by its Board of Directors. This strategic move, conducted through open market trading on the Tokyo ...
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.