Want to see JP:6412 full AI Analyst Report?
Heiwa (6412) AI Stock Analysis
Heiwa
(TSE/TYO:6412)
The overall score of 57 reflects a mixed outlook. Financial performance is the primary drag, with declining margins and high leverage offsetting revenue growth. Positive technical indicators and a reasonable valuation provide some support, but fundamental challenges limit upside potential.
Heiwa (6412) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 202.20B
- Dividend Yield
- 3.84%
- Average Volume (3M)
- 308.51K
- Price to Earnings (P/E)
- 18.0
- Beta (1Y)
- 0.36
- Revenue Growth
- 47.13%
- EPS Growth
- -26.80%
- Country
- Japan
- Employees
- 9,512
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Leisure
Heiwa Business Overview & Revenue Model
Company Description
Established in 1949, Heiwa Corporation, previously named Heiwa Kogyo Co., Ltd., operates out of Tokyo, Japan. The company primarily engages in the design, manufacturing, and distribution of pachinko and pachislot gaming machines across Japan, and it...
How the Company Makes Money
Heiwa makes money mainly through two business segments. (1) Pachinko/pachislot machine business: The company earns revenue by developing, manufacturing, and selling pachinko and pachislot machines to pachinko hall operators. Earnings in this segment...
Heiwa Financial Statement Overview
Summary
Revenue growth of 2.9% is positive, but profitability has weakened with gross margin down to 31.6% and net margin at 4.3%. High leverage (debt/equity 2.38) and modest ROE (4.5%) raise concerns. Operating cash flow is healthy, but free cash flow conversion is low. Overall financial performance is below average.
Income Statement
42NeutralBalance Sheet
35NegativeCash Flow
48Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 265.62B | 258.11B | 145.87B | 136.38B | 142.29B | 121.56B |
| Gross Profit | 83.83B | 85.48B | 52.49B | 46.80B | 49.31B | 33.40B |
| EBITDA | 74.60B | 74.36B | 32.33B | 32.14B | 35.82B | 18.68B |
| Net Income | 11.43B | 11.67B | 13.06B | 16.61B | 20.68B | 2.19B |
Balance Sheet | ||||||
| Total Assets | 1.09T | 1.08T | 1.05T | 428.03B | 423.73B | 417.07B |
| Cash, Cash Equivalents and Short-Term Investments | 62.03B | 61.33B | 92.25B | 57.75B | 67.76B | 67.10B |
| Total Debt | 601.38B | 593.57B | 641.55B | 106.84B | 108.64B | 114.42B |
| Total Liabilities | 833.21B | 828.66B | 807.28B | 188.84B | 192.72B | 199.88B |
| Stockholders Equity | 252.60B | 248.68B | 244.12B | 239.19B | 231.00B | 217.19B |
Cash Flow | ||||||
| Free Cash Flow | 9.57B | 9.97B | 6.13B | 2.67B | 17.90B | 13.43B |
| Operating Cash Flow | 40.72B | 41.21B | 24.93B | 13.93B | 25.59B | 20.44B |
| Investing Cash Flow | -2.57B | -20.63B | -500.03B | 2.71B | -15.22B | 2.04B |
| Financing Cash Flow | -41.40B | -46.00B | 509.94B | -11.22B | -14.50B | -17.36B |
Heiwa Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6412, the sentiment is Positive. The current price of 2081.00 is above the 20-day moving average (MA) of 2046.05, below the 50-day MA of 2111.19, and above the 200-day MA of 1984.83, indicating a neutral trend. The MACD of -15.15 indicates Negative momentum. The RSI at 52.55 is Neutral, neither overbought nor oversold. The STOCH value of 49.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6412.
Heiwa Peers Comparison
Overall Rating
JP:468077Outperform
JP:783273Outperform
JP:916667Neutral- JP:641257Neutral
JP:642553Neutral
JP:434345Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:4680 | 77Outperform | JPY 370.13B | 20.09 | 20.75% | 1.42% | ― | ― |
| JP:7832 | 73Outperform | JPY 3.99T | 26.08 | 17.83% | 1.21% | 9.12% | 16.20% |
| JP:9166 | 67Neutral | JPY 113.83B | 36.94 | ― | 0.66% | 47.16% | 21.05% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| JP:6412 | 57Neutral | JPY 202.20B | 17.95 | 4.55% | 3.84% | 47.13% | -26.80% |
| JP:6425 | 53Neutral | JPY 50.21B | -0.23 | -120.77% | ― | 9.25% | -752.93% |
| JP:4343 | 45Neutral | JPY 53.49B | 17.56 | ― | 0.91% | 10.11% | ― |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:6412 | Heiwa Corporation | 2081.00 | 150.08 | 7.77% | |
| JP:7832 | BANDAI NAMCO Holdings | 6208.00 | 1484.09 | 31.42% | |
| JP:4680 | ROUND ONE Corporation | 1268.50 | 206.01 | 19.39% | |
| JP:6425 | Universal Entertainment Corporation | 646.00 | -205.00 | -24.09% | |
| JP:4343 | AEON Fantasy Co., Ltd. | 2744.00 | -2.27 | -0.08% | |
| JP:9166 | GENDA Inc. | 608.00 | -121.00 | -16.60% |
Heiwa Corporate Events
Heiwa Posts Mixed Q1 Results but Lifts Full-Year Profit Outlook
Heiwa Corporation reported consolidated net sales of ¥77.8 billion for the three months ended June 30, 2026, up 10.7% year on year, while EBITDA edged higher but operating profit, ordinary profit, and profit attributable to owners of parent all...
Heiwa Expands Golf Portfolio With Acquisition of Ichihara Keikyu Country Club
Heiwa Corporation’s consolidated subsidiary Pacific Golf Management K.K. has agreed to acquire all shares of Ichihara Keikyu Country Club Co., Ltd. from Keikyu Corporation, turning the Chiba-based 18-hole Ichihara Keikyu Country Club operator i...
Heiwa Discloses Strong Fiscal 2026 Results of Parent Ishihara Holdings
Heiwa Corporation announced that its parent company, Ishihara Holdings Inc., has finalized financial results for the fiscal year ended March 31, 2026, disclosing a balance sheet that highlights its investment-focused structure. Ishihara Holdings repo...
Heiwa Details Relationship With Major Shareholder Ishihara Holdings
Heiwa Corporation has disclosed the status of Ishihara Holdings Inc. as an other affiliated company and its largest shareholder, with a 42.99% voting stake, while noting that Ishihara’s shares are not listed on any financial instruments exchang...
Heiwa to Introduce Non‑Voting Preferred Shares to Fund Growth Investments
Heiwa Corporation has approved an additional proposal to amend its Articles of Incorporation, complementing previously announced changes tied to its transition to a holding company structure. The new proposal will be presented as a separate item at t...
Heiwa Extends Golf-Focused Shareholder Benefit Program for FY 2027
Heiwa Corporation will continue its shareholder benefit program for the fiscal year ending March 31, 2027, offering coupons twice a year to investors holding at least 200 shares. These coupons, worth ¥1,000 each and usable up to 16 per visit, ca...
Heiwa Overhauls Leadership Ahead of Shift to Holding Company Structure
Heiwa Corporation has approved a series of leadership and board changes as it prepares to shift to a holding company structure and rebrand as HEIWA HOLDINGS INC. on October 1, 2026, transferring its Pachinko and Pachi slot machine operations to a new...
Heiwa to Shift to Pure Holding Company Structure via Company Split
Heiwa Corporation has approved a transition to a pure holding company structure by transferring the rights and obligations of its pachinko and pachislot machine business to a newly incorporated, wholly owned subsidiary, effective October 1, 2026. The...
Heiwa Beats Full-Year Profit Forecast on Lower Costs and Asset Gains
Heiwa Corporation reported that its full-year consolidated results for the fiscal year ended March 2026 modestly exceeded its earlier net sales forecast while significantly outperforming profit projections. Net sales came in roughly in line with guid...
Heiwa Signals Earnings Recovery With Strong FY2026 Results and Bullish Outlook
Heiwa Corporation posted a sharp rebound in sales and profits for the fiscal year ended March 31, 2026, with net sales surging 76.9% to ¥258.1 billion and operating profit climbing 56.8% to ¥43.4 billion, supported by stronger operations an...
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: Aug 10, 2026