Innotech Corporation (9880) AI Stock Analysis

• Market Cap: ¥17.74B
• Dividend Yield: 5.18%
• Average Volume (3M): 42.03K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.98
• Revenue Growth: 1.50%
• EPS Growth: -18.82%
• Country: JP
• Employees: 1,775
• Sector: Technology
• Sector Strength: 79
• Industry: Technology Distributors
• EPS (TTM): 15.51
• Shares Outstanding: 13,700,000
• 10 Day Avg. Volume: 37,370
• 30 Day Avg. Volume: 42,030
• PEG Ratio: -0.44
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 164.79
• 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

• Rating: 80 Outperform
• Price Target: ¥1,510.00 ▲(11.77%Upside)

Innotech Corporation scores well due to solid financial performance and strong valuation metrics, with a particularly attractive dividend yield. Technical analysis supports a positive outlook, though attention to improving net profit margins and free cash flow will be crucial to sustain growth and investor confidence.

Innotech Corporation Business Overview & Revenue Model

Company Description

Innotech Corporation, together with its subsidiaries, imports and sells electronic design automation software, electric components, and semiconductor products. The company also develops and sells testers and CPU boards. Its products include industrial boards/embedded systems, environmentally resistant boards/systems, EDA and OrCAD software, servers/storage solutions, noise analysis solutions, model-based development solutions, digital media analysis and inspection solutions, testers/probe cards, face recognition AI solution, and robot automation services. The company was incorporated in 1976 and is headquartered in Yokohama, Japan.

How the Company Makes Money

Innotech Corporation generates revenue primarily through the sale of its high-tech electronic components and systems to global manufacturers in the consumer electronics, automotive, and industrial sectors. The company forms strategic partnerships with leading manufacturers to integrate their advanced technology solutions into a variety of products, driving demand and ensuring steady revenue streams. Additionally, Innotech invests in research and development to continually innovate and expand its product offerings, which further strengthens its market position and creates additional revenue opportunities.

Innotech Corporation Financial Statement Overview

Summary

Innotech Corporation shows a stable financial position with consistent revenue growth and strong profitability metrics. The balance sheet is solid with low leverage. However, declining net profit margins and free cash flow need attention to maintain long-term financial health.

Income Statement

Innotech Corporation has demonstrated steady growth in revenue over the years, with a revenue growth rate of approximately 1.5% from 2024 to 2025. The gross profit margin is strong at around 30.1% for 2025, indicating efficient management of production costs. However, there is a decline in net profit margin from 3.57% in 2024 to 2.86% in 2025, which suggests increased operational costs or other expenses affecting net income. EBIT and EBITDA margins decreased slightly, reflecting potential challenges in maintaining operational efficiency.

Balance Sheet

Innotech maintains a solid balance sheet with a debt-to-equity ratio of approximately 0.38, indicating a relatively low level of debt compared to equity. The return on equity (ROE) is at a healthy 4.72% for 2025. The equity ratio is robust at 54.1%, showing a strong equity base relative to total assets. The company has managed its liabilities well, but there is a slight decline in equity growth which requires monitoring.

Cash Flow

The company experienced a decrease in operating cash flow from 2024 to 2025, impacting free cash flow growth, which declined by around 20.9%. The operating cash flow to net income ratio stands at 1.43, indicating strong cash generation relative to net income. However, the reduction in free cash flow highlights potential constraints in cash available for reinvestment or debt servicing. This metric needs improvement to ensure long-term financial health.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
40.96B	41.98B	41.36B	38.63B	37.24B	32.54B
	Gross Profit
12.38B	12.65B	13.16B	12.24B	11.22B	9.95B
	EBIT
1.80B	1.89B	2.47B	2.32B	2.59B	1.95B
	EBITDA
2.93B	3.67B	3.96B	3.91B	4.27B	3.20B
	Net Income Common Stockholders
1.48B	1.20B	1.48B	1.67B	2.19B	1.53B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.23B	6.53B	8.88B	6.60B	6.66B	5.63B
	Total Assets
46.07B	47.01B	47.83B	43.63B	40.54B	37.68B
	Total Debt
9.27B	9.62B	11.42B	9.14B	8.60B	8.55B
	Net Debt
2.04B	3.08B	2.54B	2.55B	1.94B	2.92B
	Total Liabilities
20.54B	20.88B	22.51B	19.04B	17.37B	16.55B
	Stockholders Equity
24.89B	25.44B	24.73B	23.73B	22.34B	20.37B
Cash Flow		Free Cash Flow
-45.76M	1.12B	1.42B	110.17M	1.46B	-202.23M
	Operating Cash Flow
85.64M	1.71B	2.62B	1.68B	2.74B	836.88M
	Investing Cash Flow
-1.01B	-410.03M	-1.44B	-1.69B	-1.15B	-2.21B
	Financing Cash Flow
-1.06B	-3.38B	808.50M	-517.24M	-900.07M	685.72M

Innotech Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1351.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9880, the sentiment is Positive. The current price of 1351 is above the 20-day moving average (MA) of 1329.25, above the 50-day MA of 1251.28, and above the 200-day MA of 1343.86, indicating a neutral trend. The MACD of 22.80 indicates Positive momentum. The RSI at 56.95 is Neutral, neither overbought nor oversold. The STOCH value of 65.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9880.

Innotech Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9880	80 Outperform	¥17.74B	15.11		5.18%	1.50%	-18.82%
Sector *	62 Neutral	$11.97B	10.08	-7.46%	2.96%	7.37%	-8.22%
9V2		€924.13M	8.06	10.70%	4.24%	―	―
8023	80 Outperform	¥14.12B	7.71		2.90%	-1.59%	-7.30%
8137	78 Outperform	¥36.39B	14.22		0.87%	-15.98%	-51.13%
7537	73 Outperform	¥26.50B	6.05		8.09%	-10.85%	25.59%
8093	68 Neutral	¥18.13B	4.94		4.68%	21.35%	221.64%