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Morio Denki Co., Ltd.
(6647)
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Rating:66Neutral
Price Target:
¥4,039.00
▲(75.61% Upside)
Action:Reiterated
Date:08/25/26
The score is driven by attractive valuation (low P/E) and a strong technical uptrend, but is held back by weak cash conversion (negative free cash flow in 2025–2026) despite improving reported profitability and a generally solid balance sheet.
Positive Factors
Improving Profitability
The sustained increase in net income and operating profit indicates meaningful earnings improvement rather than a single-period recovery. If maintained, stronger profitability can improve internal funding capacity and reinforce the company’s financial resilience.
Negative Factors
Weak Cash Conversion
Negative free cash flow despite rising earnings raises questions about earnings quality and the timing of cash realization. Persistent working-capital needs or investment demands could require external funding and limit the durability of reported profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Profitability
The sustained increase in net income and operating profit indicates meaningful earnings improvement rather than a single-period recovery. If maintained, stronger profitability can improve internal funding capacity and reinforce the company’s financial resilience.
Read all positive factors
Morio Denki Co., Ltd. (6647) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.63B
Dividend Yield1.92%
Average Volume (3M)843.00
Price to Earnings (P/E)6.0
Beta (1Y)0.41
Revenue Growth-3.11%
EPS Growth20.41%
CountryJP
Employees218
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)567.34
Shares Outstanding1,425,000
10 Day Avg. Volume970
30 Day Avg. Volume843
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)0.61
Price to Sales (P/S)0.43
P/FCF Ratio-30.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Morio Denki Co., Ltd. Business Overview & Revenue Model
Company Description
Morio Denki Co., Ltd. specializes in the design, manufacturing, and global distribution of electronic and electrical components, primarily serving the transportation sector both in Japan and internationally. Their extensive product line includes v...
Morio Denki Co., Ltd. Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
74
Positive
Cash Flow
36
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.00B | 8.64B | 9.21B | 7.45B | 7.90B | 8.51B |
| Gross Profit | 2.18B | 2.01B | 1.86B | 1.38B | 1.32B | 1.55B |
| EBITDA | 1.25B | 1.11B | 957.79M | 566.71M | 520.54M | 777.61M |
| Net Income | 752.35M | 648.52M | 568.71M | 211.84M | 148.92M | 270.39M |
Balance Sheet | ||||||
| Total Assets | 9.41B | 9.55B | 8.91B | 8.22B | 7.77B | 7.95B |
| Cash, Cash Equivalents and Short-Term Investments | 1.06B | 900.99M | 933.73M | 979.28M | 905.75M | 830.36M |
| Total Debt | 1.32B | 1.69B | 1.41B | 1.15B | 1.34B | 1.31B |
| Total Liabilities | 3.24B | 3.49B | 3.75B | 3.49B | 3.42B | 3.73B |
| Stockholders Equity | 6.17B | 6.06B | 5.16B | 4.73B | 4.35B | 4.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -120.57M | -187.78M | 382.58M | 145.54M | 590.42M |
| Operating Cash Flow | 0.00 | 45.51M | -91.92M | 604.34M | 243.90M | 730.81M |
| Investing Cash Flow | 0.00 | -229.37M | -96.08M | -226.43M | -85.69M | -137.92M |
| Financing Cash Flow | 0.00 | 145.94M | 144.36M | -312.00M | -86.91M | -913.85M |
Morio Denki Co., Ltd. Technical Analysis
Positive
2300.00
Price Trends
2890.70
Positive
2816.14
Positive
2603.77
Positive
Market Momentum
181.57
Negative
59.91
Neutral
40.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6647, the sentiment is Positive. The current price of 2300 is below the 20-day moving average (MA) of 3163.75, below the 50-day MA of 2890.70, and below the 200-day MA of 2603.77, indicating a bullish trend. The MACD of 181.57 indicates Negative momentum. The RSI at 59.91 is Neutral, neither overbought nor oversold. The STOCH value of 40.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6647.
Morio Denki Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥26.58B | 9.62 | ― | 3.12% | 12.68% | 31.19% | |
79 Outperform | ¥11.95B | 10.22 | ― | 3.02% | 3.86% | 0.13% | |
74 Outperform | ¥57.72B | 12.89 | ― | 0.91% | 15.89% | 2.08% | |
71 Outperform | ¥4.58B | 6.38 | ― | 1.79% | 24.22% | ― | |
66 Neutral | ¥4.63B | 5.96 | ― | 2.20% | -3.11% | 20.41% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | ¥55.03B | -15.98 | ― | 5.01% | -7.42% | -4245.20% |
* Industrials Sector Average
JP:6647
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Morio Denki Co., Ltd. Corporate Events
Morio Denki Delivers Strong First-Quarter Earnings and Solidifies Financial Base
Aug 7, 2026
Morio Denki Co., Ltd. is a Japan-based general business company listed on the Tokyo Stock Exchange Standard Market. Operating in the electrical and industrial components sector, it generates revenue through the sale of electronic and related equip...
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.