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Shindengen Electric Mfg Co Ltd (6844) AI Stock Analysis
Shindengen Electric Mfg Co Ltd
(TSE/TYO:6844)
The overall stock score of 67 is driven primarily by Shindengen Electric's highly attractive valuation, characterized by a low P/E ratio and solid dividend yield. Secondary strength comes from a promising 2026 financial turnaround, including positive free cash flow and net income. However, the score is dragged down by bearish medium-to-long-term technical trends and the historical inconsistency of its operational cash generation, highlighting a need for sustainable execution to gain stronger market momentum.
Shindengen Electric Mfg Co Ltd (6844) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 28.21B
- Dividend Yield
- 3.61%
- Average Volume (3M)
- 95.45K
- Price to Earnings (P/E)
- 5.7
- Beta (1Y)
- 1.66
- Revenue Growth
- 7.29%
- EPS Growth
- ―
- Country
- Japan
- Employees
- 5,091
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Hardware, Equipment & Parts
Shindengen Electric Mfg Co Ltd Business Overview & Revenue Model
Company Description
Established in 1949 and headquartered in Tokyo, Japan, Shindengen Electric Manufacturing Co., Ltd. is a global producer and seller of semiconductors, electrical equipment, and power supply products. The company's reach extends across Japan, Indonesia...
How the Company Makes Money
Shindengen Electric Mfg. Co., Ltd. generates revenue primarily by designing, manufacturing, and selling power-electronics products to business customers (B2B). Key revenue streams include: (1) Sales of power semiconductor devices and modules: the com...
Shindengen Electric Mfg Co Ltd Financial Statement Overview
Summary
The company presents a mixed financial profile with a stable balance sheet and a highly encouraging 2026 turnaround in both net income and cash flow. However, the score is constrained by historically volatile profitability and a multi-year struggle to generate positive free cash flow prior to the most recent fiscal year.
Income Statement
65PositiveBalance Sheet
75PositiveCash Flow
45Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 115.94B | 113.84B | 105.83B | 102.26B | 101.01B | 92.17B |
| Gross Profit | 17.63B | 17.67B | 14.35B | 15.05B | 17.79B | 18.64B |
| EBITDA | 12.63B | 12.86B | 4.00B | 7.32B | 10.04B | 12.62B |
| Net Income | 5.03B | 5.66B | -2.44B | -712.00M | 1.64B | 5.90B |
Balance Sheet | ||||||
| Total Assets | 151.43B | 144.65B | 136.50B | 144.67B | 138.09B | 135.04B |
| Cash, Cash Equivalents and Short-Term Investments | 33.47B | 26.92B | 20.40B | 26.34B | 25.15B | 29.61B |
| Total Debt | 49.68B | 44.35B | 40.28B | 38.90B | 37.53B | 39.88B |
| Total Liabilities | 77.95B | 72.09B | 70.35B | 73.75B | 75.55B | 77.81B |
| Stockholders Equity | 73.48B | 72.56B | 66.14B | 70.92B | 62.54B | 57.23B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 958.00M | -6.80B | -2.24B | -2.18B | -796.00M |
| Operating Cash Flow | 0 | 6.32B | -2.18B | 2.21B | 2.74B | 8.29B |
| Investing Cash Flow | 0 | -2.12B | -4.53B | -1.78B | -4.09B | -7.91B |
| Financing Cash Flow | 0 | 1.90B | -186.00M | -252.00M | -3.55B | 1.27B |
Shindengen Electric Mfg Co Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6844, the sentiment is Negative. The current price of 2771.00 is below the 20-day moving average (MA) of 2907.20, below the 50-day MA of 2983.58, and below the 200-day MA of 3342.21, indicating a bearish trend. The MACD of -72.71 indicates Positive momentum. The RSI at 38.25 is Neutral, neither overbought nor oversold. The STOCH value of 50.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6844.
Shindengen Electric Mfg Co Ltd Peers Comparison
Overall Rating
- JP:684467Neutral
JP:676262Neutral
JP:698162Neutral
JP:681757Neutral
JP:699654Neutral
JP:699753Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:6844 | 67Neutral | JPY 28.70B | 5.66 | ― | 3.61% | 7.29% | ― |
| JP:6762 | 62Neutral | JPY 4.88T | 18.31 | ― | 1.59% | 25.38% | 50.76% |
| JP:6981 | 62Neutral | JPY 11.73T | 40.07 | 10.61% | 1.10% | 14.53% | 24.27% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| JP:6817 | 57Neutral | JPY 36.49B | 16.99 | ― | 4.71% | 9.71% | 23.67% |
| JP:6996 | 54Neutral | JPY 144.58B | 18.51 | ― | 1.82% | 0.36% | 45.02% |
| JP:6997 | 53Neutral | JPY 46.49B | 11.43 | 5.80% | 1.21% | 15.81% | ― |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:6844 | Shindengen Electric Mfg Co Ltd | 2771.00 | -619.63 | -18.27% | |
| JP:6981 | Murata Manufacturing Co | 6340.00 | 2929.30 | 85.89% | |
| JP:6997 | Nippon Chemi-Con Corporation | 1648.00 | 97.62 | 6.30% | |
| JP:6762 | TDK Corporation | 2515.00 | -38.01 | -1.49% | |
| JP:6817 | Sumida Corporation | 1126.00 | 40.20 | 3.70% | |
| JP:6996 | Nichicon Corporation | 2093.00 | 579.95 | 38.33% |
Shindengen Electric Mfg Co Ltd Corporate Events
Honda Cuts Stake in Shindengen, Loses Largest Shareholder Status
Shindengen Electric Manufacturing announced that Honda Motor Co., Ltd. has reduced its stake in the company via off-the-counter trading on the Tokyo Stock Exchange. Honda sold 390,200 shares, cutting its voting rights ratio from 11.7% to 7.9%, which...
Shindengen’s First-Quarter Profit Falls Despite Higher Sales on Cost Pressures
Shindengen Electric Mfg Co Ltd reported a 7.7% year-on-year rise in first-quarter FY2026 net sales to 29,287 million yen, supported by solid demand for motorcycle applications in its Power Unit business and contributions from a business acquired in t...
Shindengen Sales Rise but Profits Slide as Margin Pressures Mount
Shindengen Electric reported consolidated net sales of ¥29.29 billion for the quarter ended June 30, 2026, a 7.7% year-on-year increase, but operating profit fell 35.4% to ¥939 million and profit attributable to owners of parent dropped 43....
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: Sep 26, 2026