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Aichi Corporation (6345) AI Stock Analysis

JP:6345

Aichi Corporation

(TSE/TYO:6345)

Select Model
Rating:57Neutral
Price Target:JPY 1,425.00â–²(11.33% Upside)
Action:downgraded
Date:10/30/26

The overall score of 57 reflects a company with a fortress-like balance sheet but facing significant operational and market headwinds. The primary strength is the company's exceptional financial safety, with virtually no debt. However, this is heavily counterbalanced by a clear technical downtrend and weak momentum, as the stock trades below all major moving averages. The recent deterioration in revenue growth and negative free cash flow are significant risks, though the attractive 4.58% dividend yield and low P/E ratio provide some valuation support.

Positive Factors
Conservative balance sheetA debt-light balance sheet gives Aichi substantial resilience through cyclical construction and industrial demand. Low interest obligations preserve cash for operations, investment, dividends, and customer support, while the large equity base reduces dependence on external financing.
Negative Factors
Choppy and declining revenueUneven revenue performance indicates that demand for Aichi's equipment remains cyclical or inconsistent across its construction, maintenance, utilities, and industrial markets. A prolonged top-line slowdown could limit operating leverage, reduce reinvestment capacity, and make earnings growth harder to sustain.

Aichi Corporation (6345) vs. iShares MSCI Japan ETF (EWJ)

-5%0%5%10%15%20%25%30%JP:6345+4.30%EWJ+16.91%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 82.64B
Dividend Yield
4.92%
Average Volume (3M)
168.09K
Price to Earnings (P/E)
13.0
Beta (1Y)
0.45
Revenue Growth
2.38%
EPS Growth
14.80%
Country
Japan
Employees
1,012
Sector
General
Sector Strength
55
Industry
Industrial - Machinery

Aichi Corporation Business Overview & Revenue Model

Company Description

Aichi Corporation manufactures and sells mechanized vehicles for electric utilities, telecommunications, construction, cargo handling, shipbuilding, and rail industries in Japan, Asia, Oceania, Europe, and internationally. It offers truck-mounted and...

How the Company Makes Money

Aichi Corporation primarily makes money by selling aerial work platforms and related work-at-height machinery to customers that need equipment for construction, facility maintenance, and infrastructure work. Revenue is generated from (1) equipment sa...

Aichi Corporation Financial Statement Overview

Summary

Aichi Corporation's financial health is a tale of two profiles. The balance sheet is exceptional, with virtually no debt and a massive equity base, earning an 85 score. However, this is offset by a stagnant income statement (score 55) showing declining TTM revenue and a volatile cash flow profile (score 40) with negative TTM free cash flow. The overall financial picture is one of high safety but weakening operational momentum.

Income Statement

55Neutral

Balance Sheet

85Very Positive

Cash Flow

40Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue57.06B59.61B59.31B53.13B60.68B56.59B
Gross Profit11.61B12.90B13.26B11.99B12.74B12.25B
EBITDA7.64B8.88B8.88B7.78B8.84B8.43B
Net Income6.42B6.66B6.33B5.27B5.96B5.64B
Balance Sheet
Total Assets85.51B92.81B101.19B95.63B96.86B91.74B
Cash, Cash Equivalents and Short-Term Investments27.49B26.71B46.87B42.13B39.03B38.08B
Total Debt0197.43M214.58M255.99M308.30M397.57M
Total Liabilities10.73B17.41B17.17B13.84B18.29B15.70B
Stockholders Equity74.78B75.40B84.02B81.79B78.57B76.04B
Cash Flow
Free Cash Flow2.33B-4.12B6.87B6.04B3.72B3.33B
Operating Cash Flow8.49B803.35M9.87B7.11B4.51B3.99B
Investing Cash Flow-3.95B-3.68B-1.96B32.76B-2.25B997.70M
Financing Cash Flow-3.94B-17.44B-3.13B-3.55B-3.23B-3.22B

Aichi Corporation Technical Analysis

Technical Analysis SentimentNegative
Last Price1280.00

Price Trends

50DMA1417.22Negative
100DMA1388.16Negative
200DMA1359.62Negative

Market Momentum

MACD-22.00Positive
RSI20.62Positive
STOCH8.84Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6345, the sentiment is Negative. The current price of 1280.00 is below the 20-day moving average (MA) of 1409.00, below the 50-day MA of 1417.22, and below the 200-day MA of 1359.62, indicating a bearish trend. The MACD of -22.00 indicates Positive momentum. The RSI at 20.62 is Positive, neither overbought nor oversold. The STOCH value of 8.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6345.

Aichi Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

JP:6345 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:6432JP:643278OutperformJPY 364.32B11.95―3.04%11.87%12.20%
JP:6301JP:630170OutperformJPY 5.42T14.21―3.06%9.23%-2.66%
JP:6390JP:639064NeutralJPY 14.33B2.68―5.75%-1.12%―
JP:6305JP:630562NeutralJPY 1.10T12.759.48%3.71%6.61%-2.27%
JP:6345JP:634557NeutralJPY 84.57B12.97―4.92%2.38%14.80%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

0%20%40%JP:6345JP:6305JP:6301JP:6390JP:6432Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:6345 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:6345Aichi Corporation1280.0046.033.73%
JP:6305Hitachi Construction Machinery Co 5121.00299.626.21%
JP:6301Komatsu Ltd.6213.001262.6725.51%
JP:6390KATO WORKS CO., LTD.1218.00-98.85-7.51%
JP:6432Takeuchi Mfg.Co., Ltd.7590.001425.5023.12%

Aichi Corporation Corporate Events

Aichi Corporation Profit Slides in First Half but Dividend and Full-Year Outlook Stay Firm

Oct 29, 2026

Aichi Corporation reported a challenging first half for the fiscal year ending March 31, 2027, with net sales for the six months to September 30, 2026 falling 10.4% year-on-year to ¥21,954 million and operating profit plunging 65.7% to ¥784...

Aichi Corporation Posts Strong Q1 Profit Rebound and Confirms Higher Dividend

Jul 30, 2026

Aichi Corporation reported a solid recovery in earnings for the three months ended June 30, 2026, with net sales rising 7.4% year-on-year to ¥9.89 billion and profit attributable to owners of parent more than doubling. Operating profit increased...

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.

Date of analysis: Oct 30, 2026