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Diamond Electric Holdings Co., Ltd. (JP:6699)
:6699
Japanese Market
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Diamond Electric Holdings Co., Ltd. (6699) AI Stock Analysis

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JP:6699

Diamond Electric Holdings Co., Ltd.

(6699)

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Neutral 58 (OpenAI - Gpt-5.6Sol)
Rating:58Neutral
Price Target:
ÂĄ549.00
â–˛(15.34% Upside)
Action:Reiterated
Date:08/21/26
The score is mainly constrained by below-average financial performance—high leverage and negative 2026 operating/free cash flow despite improving margins. Offsetting this, technicals are moderately positive with price above key moving averages, and valuation is compelling with a low P/E and strong dividend yield.
Positive Factors
Revenue and Margin Recovery
The return to revenue growth and positive operating profit indicates improving operating execution. Higher gross margins can strengthen earnings quality if sustained through product mix, pricing, and manufacturing efficiency.
Negative Factors
Elevated Leverage
High leverage increases sensitivity to operating setbacks, refinancing needs, and interest costs. It may constrain investment capacity and limit resilience while profitability and cash generation remain modest.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Margin Recovery
The return to revenue growth and positive operating profit indicates improving operating execution. Higher gross margins can strengthen earnings quality if sustained through product mix, pricing, and manufacturing efficiency.
Read all positive factors

Diamond Electric Holdings Co., Ltd. (6699) vs. iShares MSCI Japan ETF (EWJ)

Diamond Electric Holdings Co., Ltd. Business Overview & Revenue Model

Company Description
Diamond Electric Holdings Co., Ltd. operates primarily in Japan, focusing on the automotive and electronic control equipment industries. The company manufactures and supplies a variety of products, including ignition coils for automobiles, air con...
How the Company Makes Money
Diamond Electric Holdings primarily makes money by selling automotive ignition system components—most notably ignition coils—into the automotive supply chain. Revenue is generated from (1) direct sales of ignition coils and related ignition/electr...

Diamond Electric Holdings Co., Ltd. Financial Statement Overview

Summary
Operating performance is improving (2026 revenue +5.5% YoY, gross margin up to ~16.3%, operating profit positive), but overall quality is held back by thin net margin (~0.8%), elevated leverage (debt-to-equity ~2.7x), and weak cash generation (2026 operating cash flow ~-ÂĄ1.4B; free cash flow ~-ÂĄ2.8B).
Income Statement
54
Neutral
Balance Sheet
42
Neutral
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue91.72B96.77B91.72B93.33B91.11B76.27B
Gross Profit13.83B15.81B13.83B12.54B11.25B11.12B
EBITDA5.15B5.27B5.15B2.71B2.16B3.81B
Net Income181.00M819.00M411.00M-1.90B-1.07B1.29B
Balance Sheet
Total Assets79.28B84.44B79.28B82.03B78.73B68.73B
Cash, Cash Equivalents and Short-Term Investments7.49B6.47B7.49B8.16B9.75B10.84B
Total Debt38.47B39.38B38.47B41.88B40.62B34.35B
Total Liabilities67.72B69.66B67.72B71.75B67.82B58.55B
Stockholders Equity11.39B14.59B11.39B10.14B10.79B10.08B
Cash Flow
Free Cash Flow1.70B-2.78B2.24B-1.93B-6.51B-7.95B
Operating Cash Flow2.38B-1.43B3.59B2.12B-3.49B-4.39B
Investing Cash Flow-84.00M-1.27B-638.00M-4.01B-2.84B-3.87B
Financing Cash Flow-1.53B1.36B-3.77B125.00M4.91B3.23B

Diamond Electric Holdings Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price476.00
Price Trends
50DMA
489.10
Positive
100DMA
502.20
Positive
200DMA
545.59
Negative
Market Momentum
MACD
11.87
Negative
RSI
62.30
Neutral
STOCH
73.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6699, the sentiment is Positive. The current price of 476 is below the 20-day moving average (MA) of 507.20, below the 50-day MA of 489.10, and below the 200-day MA of 545.59, indicating a neutral trend. The MACD of 11.87 indicates Negative momentum. The RSI at 62.30 is Neutral, neither overbought nor oversold. The STOCH value of 73.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6699.

Diamond Electric Holdings 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
78
Outperform
ÂĄ442.48B14.627.21%3.03%7.19%21.95%
78
Outperform
ÂĄ633.37B9.8910.96%2.75%12.73%81.53%
71
Outperform
ÂĄ5.28T11.928.64%3.26%7.51%13.94%
70
Outperform
¥60.20B5.39―0.99%2.52%-4.94%
63
Neutral
ÂĄ6.99T17.5514.96%1.56%12.30%103.31%
58
Neutral
¥6.50B4.69―5.25%5.85%-4.12%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:6699
Diamond Electric Holdings Co., Ltd.
523.00
-33.43
-6.01%
JP:6902
DENSO
1,903.50
-171.50
-8.26%
JP:5802
Sumitomo Electric Industries
2,255.00
1,246.56
123.61%
JP:6923
Stanley Electric Co
3,603.00
668.63
22.79%
JP:7282
Toyoda Gosei Co
5,377.00
1,888.64
54.14%
JP:7280
Mitsuba Corporation
1,323.00
405.93
44.26%

Diamond Electric Holdings Co., Ltd. Corporate Events

Diamond Electric Holdings lifts Q1 sales and profit despite cost and certification headwinds
Aug 7, 2026
Diamond Electric Holdings reported an 8.9% year-on-year rise in first-quarter FY2027/3 net sales to JPY 24.97 billion, with operating profit up 58.9% and net income turning positive at JPY 204 million. Growth was driven by stronger mobility equipm...
Diamond Electric Holdings Delivers Strong Q1 Earnings but Warns of Profit Slowdown
Aug 7, 2026
Diamond Electric Holdings reported consolidated net sales of ¥24.97 billion for the quarter ended 30 June 2026, up 8.9% year on year, with operating profit surging 58.9% to ¥606 million and profit attributable to owners of parent improvi...
Diamond Electric Details July Exercise of 8th Series Stock Acquisition Rights
Aug 3, 2026
Diamond Electric Holdings Co., Ltd. reported the July 2026 exercise status of its 8th Series stock acquisition rights, which were allotted to EVO FUND in December 2025. During the month, 4,050 units of these rights were exercised, leading to the i...
Diamond Electric CEO Returns Majority of July Pay After Audit Delay
Jul 27, 2026
Diamond Electric Holdings Co., Ltd. announced that President and CEO ONO YuuRi has voluntarily returned a substantial portion of his July 2026 executive compensation. The move follows delays in the company’s internal control audit over finan...
Diamond Electric Holdings to Issue Restricted Stock for Executive and Director Compensation
Jul 27, 2026
Diamond Electric Holdings has approved the issuance of 107,900 new common shares as restricted stock compensation, with a total value of JPY 51,144,600 at an issue price of JPY 474 per share, to be allotted on August 26, 2026. The shares will be d...
Diamond Electric Expands Share Base as EVO FUND Exercises 8th Series Rights
Jul 1, 2026
Diamond Electric Holdings reported that 3,600 units, or 4.2%, of its 8th Series Stock Acquisition Rights allocated to EVO FUND were exercised in June 2026, resulting in the issuance of 360,000 shares. The unexercised rights decreased from 55,200 t...
Diamond Electric revises FY2026 financial statements after results correction
Jun 30, 2026
Diamond Electric Holdings has issued a correction to its previously disclosed financial statements for the fiscal year ended March 31, 2026, following adjustments to its consolidated financial results. The company has republished the full set of c...
Diamond Electric revises FY2026 results notice as profits beat forecasts despite extraordinary losses
Jun 30, 2026
Diamond Electric Holdings Co., Ltd. has issued a correction to its earlier notice on non-operating income, extraordinary losses, and variances between forecast and actual consolidated results for the fiscal year ended March 31, 2026. The revision ...
Diamond Electric slashes FY2026 profit after audit-driven restatement
Jun 30, 2026
Diamond Electric Holdings has announced corrections to its consolidated financial results for the fiscal year ended March 31, 2026, after an audit identified issues in the accounting treatment of internal transactions between consolidated subsidia...
Diamond Electric Sets Adjourned Shareholders Meeting and Alters Dividend Source
Jun 29, 2026
Diamond Electric Holdings has set July 27, 2026, as the date for an adjourned session of its 8th Ordinary General Meeting of Shareholders in Osaka, following a June 26 meeting that authorized the board to decide the details. The adjourned meeting ...
Diamond Electric Holdings Reshapes Board and Executive Lineup
Jun 26, 2026
Diamond Electric Holdings has announced a reshuffle of its directors and executive officers following resolutions at its eighth Ordinary General Meeting of Shareholders and a subsequent board meeting. The changes, effective upon the adjourned shar...
Diamond Electric Details May Exercise of 8th Series Stock Acquisition Rights
Jun 1, 2026
Diamond Electric Holdings reported the May 2026 exercise status of its 8th series stock acquisition rights allocated to EVO FUND, resulting in the issuance of 220,000 new shares. During the month, 2,200 units, or 2.6% of the total 85,000 stock acq...
Diamond Electric to Adjourn Shareholders’ Meeting Amid Audit Delays
May 28, 2026
Diamond Electric Holdings has resolved to convene an adjourned session of its 8th Ordinary General Meeting of Shareholders after delays in completing audits of internal controls at its U.S. subsidiaries. Because the company’s accounting audi...
Diamond Electric to Revise Performance-Linked Stock Compensation from FY2026
May 28, 2026
Diamond Electric Holdings will revise its performance-linked stock compensation plan for internal directors, executive officers and senior technical officers, aiming to better align management remuneration with company performance and shareholder ...
Diamond Electric Revamps Executive Roles in Energy and ES Technology Divisions
May 25, 2026
Diamond Electric Holdings has announced internal management changes, adjusting the areas of responsibility for its executive officers effective May 25, 2026. Executive Officer Yasuo Miyagi will relinquish his concurrent role as Chief General Manag...
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: Aug 21, 2026