Mimaki Engineering Co., Ltd. (6638) AI Stock Analysis

• Market Cap: ¥45.24B
• Dividend Yield: 2.82%
• Average Volume (3M): 141.21K
• Price to Earnings (P/E): 7.1
• Beta (1Y): 1.47
• Revenue Growth: 12.44%
• EPS Growth: 88.75%
• Country: JP
• Employees: 2,047
• Sector: Technology
• Sector Strength: 65
• Industry: Technology Distributors
• EPS (TTM): 41.88
• Shares Outstanding: 32,040,000
• 10 Day Avg. Volume: 98,460
• 30 Day Avg. Volume: 141,206
• PEG Ratio: 0.55
• Price to Book (P/B): 1.29
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

Mimaki Engineering Co., Ltd. scores well due to its robust financial performance, characterized by strong revenue growth and profitability, and its attractive valuation with a low P/E ratio and decent dividend yield. However, the lack of recent cash flow data and neutral technical indicators slightly temper the overall score.

Mimaki Engineering Co., Ltd. Business Overview & Revenue Model

Company Description

Mimaki Engineering Co., Ltd. develops, manufactures, and sells computer devices and software in Japan and internationally. It offers inkjet printers, including roll to roll, print and cut, flat bed, textile, and option printers; cutting plotters, such as roll to roll, flat bed, and apparel cutter plotters; laminators; desktop modeling plotters; and 3D printers. The company also provides software products comprising RIP software; software for color management; software products for cutting that consist of FineCut9, FineCut8, Simple POP, Simple Cut, and Simple Studio; and ArtiosCAD designer solution used in packaging design. Its products are used in smartphone case, glass, acrylic, sticker, magnet, stationery, novelty, apparel and textile, bottle, window film, and other items. The company was founded in 1975 and is headquartered in Tomi, Japan.

How the Company Makes Money

Mimaki Engineering Co., Ltd. generates revenue through the sale of its diverse range of printing and cutting equipment. The company's primary revenue streams include the sale of industrial inkjet printers, cutting plotters, and related consumables such as inks and substrates. Mimaki also offers maintenance services and technical support, which contribute to its income. Additionally, the company has established partnerships and collaborations with various distributors and resellers worldwide to expand its market reach and enhance its sales channels. This global network allows Mimaki to tap into different regional markets, maintaining a steady flow of income from both new and recurring customers.

Mimaki Engineering Co., Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
82.18B	75.63B	70.61B	59.51B	48.72B	55.56B
	Gross Profit
38.18B	32.63B	28.45B	23.85B	18.61B	23.81B
	EBIT
8.96B	5.46B	4.24B	2.57B	-509.81M	1.35B
	EBITDA
10.47B	7.25B	6.00B	4.63B	1.59B	2.33B
	Net Income Common Stockholders
6.21B	3.71B	2.81B	2.35B	-301.25M	-777.96M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
16.63B	17.37B	10.49B	8.97B	10.84B	11.13B
	Total Assets
78.09B	75.72B	69.79B	60.86B	50.84B	54.22B
	Total Debt
23.94B	28.50B	28.85B	23.87B	17.48B	24.47B
	Net Debt
7.31B	14.28B	18.37B	14.90B	6.64B	13.33B
	Total Liabilities
46.16B	48.33B	47.73B	42.14B	34.63B	38.19B
	Stockholders Equity
31.76B	27.26B	21.99B	18.67B	16.20B	15.89B
Cash Flow		Free Cash Flow
0.00	7.47B	-2.06B	-6.69B	6.18B	-319.36M
	Operating Cash Flow
0.00	9.56B	490.41M	-5.13B	6.63B	823.30M
	Investing Cash Flow
0.00	-2.60B	-3.50B	-2.71B	15.94M	-368.15M
	Financing Cash Flow
0.00	-1.44B	3.52B	4.28B	-7.32B	-431.70M

Mimaki Engineering Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1534.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6638, the sentiment is Positive. The current price of 1534 is above the 20-day moving average (MA) of 1412.15, above the 50-day MA of 1424.44, and above the 200-day MA of 1456.56, indicating a bullish trend. The MACD of 19.78 indicates Negative momentum. The RSI at 61.96 is Neutral, neither overbought nor oversold. The STOCH value of 95.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6638.

Mimaki Engineering Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6638	76 Outperform	¥45.24B	7.12		2.82%	12.44%	88.75%
6954	73 Outperform	¥3.55T	24.03		2.54%	0.23%	12.16%
Sector *	60 Neutral	$11.39B	10.50	-6.42%	2.97%	7.77%	-11.17%

Mimaki Engineering Co., Ltd. Corporate Events

Mimaki Engineering Reports Strong Financial Growth in 2024

Mimaki Engineering Co., Ltd. reported a significant increase in its consolidated financial results for the nine months ending December 31, 2024, with net sales rising by 11.9% and net profit more than doubling. This financial performance reflects the company’s robust market position and successful execution of its strategic initiatives, positioning it strongly in the digital printing industry.

Mimaki Engineering Co., Ltd. Reports Strong Q3 Financial Performance

Mimaki Engineering Co., Ltd. reported significant growth in its financial performance for the third quarter ending December 2024. The company achieved an 11.9% increase in net sales, with operating profit soaring by 88.1% and ordinary profit doubling. This impressive growth resulted in a profit attributable to owners of the parent rising by 102.8%. The company’s strong financial results reflect its successful market strategies and robust demand for its products, positioning Mimaki favorably in the competitive industrial printing sector.