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Oriental Chain Mfg. Co., Ltd. (JP:6380)
:6380
Japanese Market
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Oriental Chain Mfg. Co., Ltd. (6380) AI Stock Analysis

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JP:6380

Oriental Chain Mfg. Co., Ltd.

(6380)

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Neutral 48 (OpenAI - Gpt-5.6Sol)
Rating:48Neutral
Price Target:
¥3,599.00
▲(19.37% Upside)
Action:Reiterated
Date:07/24/26
The score is held back primarily by weak cash-flow quality and sharply compressed recent operating margins, alongside meaningful leverage that increases sensitivity to profitability swings. Technicals are mixed with negative momentum despite longer-term support above the 100/200-day averages. Valuation is a headwind due to a high P/E and low dividend yield.
Positive Factors
Multi-year revenue expansion
Revenue growth over 2021–2026, including a strong rebound after 2021, indicates retained demand for the company’s industrial-chain products. This established customer and market base can support future recovery if operating execution improves.
Negative Factors
Sharp operating-margin compression
Very low EBIT and declining EBITDA margins indicate limited operating leverage and vulnerability to cost increases or weak demand. Persistent compression would constrain reinvestment, debt reduction and the company’s ability to convert revenue growth into durable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue expansion
Revenue growth over 2021–2026, including a strong rebound after 2021, indicates retained demand for the company’s industrial-chain products. This established customer and market base can support future recovery if operating execution improves.
Read all positive factors

Oriental Chain Mfg. Co., Ltd. (6380) vs. iShares MSCI Japan ETF (EWJ)

Oriental Chain Mfg. Co., Ltd. Business Overview & Revenue Model

Company Description
Oriental Chain Mfg. Co., Ltd. specializes in the manufacturing and sale of diverse roller chain products. Its extensive array of offerings encompasses standard, self-lubricating, extra heavy-duty, mini-pitch, and corrosion and heat-resistant chain...
How the Company Makes Money
null...

Oriental Chain Mfg. Co., Ltd. Financial Statement Overview

Summary
Income statement shows a multi-year turnaround from 2021 with continued revenue growth, but the latest year saw sharply weaker profitability (EBIT margin ~0.4% and EBITDA margin down to ~6.9%), indicating thin and volatile operating leverage. The balance sheet is manageable but meaningfully leveraged (debt-to-equity roughly ~0.81–1.13), which is more risky given compressed margins. Cash flow is the key weakness: operating cash flow and free cash flow are inconsistent, with highly volatile FCF and near-zero FCF conversion versus net income in 2026 (~1%).
Income Statement
64
Positive
Balance Sheet
58
Neutral
Cash Flow
41
Neutral
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue4.11B4.06B4.08B3.90B3.36B
Gross Profit742.85M780.50M777.53M633.46M574.39M
EBITDA283.44M361.62M397.45M303.75M259.66M
Net Income126.69M100.33M149.23M93.91M28.27M
Balance Sheet
Total Assets4.90B5.15B4.67B4.23B4.11B
Cash, Cash Equivalents and Short-Term Investments481.45M358.34M407.18M300.26M389.45M
Total Debt1.75B2.10B1.55B1.36B1.29B
Total Liabilities2.75B3.29B2.94B2.68B2.66B
Stockholders Equity2.15B1.86B1.73B1.55B1.46B
Cash Flow
Free Cash Flow4.25M-513.13M31.58M-133.89M-75.97M
Operating Cash Flow338.82M-7.35M321.96M80.55M192.68M
Investing Cash Flow-139.44M-582.55M-297.49M-236.96M-296.24M
Financing Cash Flow-73.57M501.22M82.59M64.75M96.52M

Oriental Chain Mfg. Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price3015.00
Price Trends
50DMA
4127.70
Negative
100DMA
4250.75
Negative
200DMA
3702.46
Positive
Market Momentum
MACD
-38.74
Negative
RSI
48.10
Neutral
STOCH
76.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6380, the sentiment is Neutral. The current price of 3015 is below the 20-day moving average (MA) of 3779.50, below the 50-day MA of 4127.70, and below the 200-day MA of 3702.46, indicating a neutral trend. The MACD of -38.74 indicates Negative momentum. The RSI at 48.10 is Neutral, neither overbought nor oversold. The STOCH value of 76.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6380.

Oriental Chain Mfg. Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
¥92.93B10.713.85%17.28%26.43%
73
Outperform
¥221.51B15.324.93%3.08%3.17%
65
Neutral
¥125.81B21.522.82%20.64%186.33%
60
Neutral
¥138.90B18.693.95%2.30%3.28%58.68%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
¥7.71B33.250.99%-3.76%165.31%
43
Neutral
¥13.88B-0.49-1.43%-1450.24%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6380
Oriental Chain Mfg. Co., Ltd.
3,865.00
1,439.76
59.37%
JP:6472
NTN
373.60
59.93
19.10%
JP:6474
Nachi-Fujikoshi Corp.
5,730.00
2,365.40
70.30%
JP:6464
Tsubaki Nakashima Co., Ltd
333.00
-20.00
-5.67%
JP:6480
Nippon Thompson Co., Ltd.
1,788.00
1,182.21
195.15%
JP:6877
Obara Group Incorporated
5,760.00
1,659.78
40.48%
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: Jul 24, 2026