Want to see JP:6855 full AI Analyst Report?
Top Page
Japan Electronic Materials Corporation
(6855)
Select Model
Select Model
Rating:62Neutral
Price Target:
¥6,402.00
▲(66.50% Upside)
Action:Downgraded
Date:10/24/26
The score is driven primarily by solid financial performance (strong 2026 earnings rebound and a conservative balance sheet), partially offset by cash-flow inconsistency. Technical indicators are notably weak with the price below key moving averages and negative momentum signals, while valuation remains supportive with a modest P/E and a moderate dividend yield.
Positive Factors
Revenue and profit rebound
The latest recovery shows meaningful improvement in both sales and earnings, indicating stronger operating momentum than in the prior year. If semiconductor demand remains supportive, higher revenue and profit provide greater capacity to fund product development, customer qualifications, and future growth.
Negative Factors
Inconsistent free cash flow
Although operating cash flow recovered strongly, the swing from negative to positive free cash flow shows that capital spending or working-capital movements can materially affect cash generation. This reduces the visibility of cash available for reinvestment, distributions, and balance-sheet strengthening.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and profit rebound
The latest recovery shows meaningful improvement in both sales and earnings, indicating stronger operating momentum than in the prior year. If semiconductor demand remains supportive, higher revenue and profit provide greater capacity to fund product development, customer qualifications, and future growth.
Read all positive factors
Japan Electronic Materials Corporation (6855) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥90.12B
Dividend Yield1.79%
Average Volume (3M)500.38K
Price to Earnings (P/E)12.4
Beta (1Y)1.89
Revenue Growth38.30%
EPS Growth75.21%
CountryJP
Employees1,234
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)495.74
Shares Outstanding14,669,969
10 Day Avg. Volume535,340
30 Day Avg. Volume500,383
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)1.49
Price to Sales (P/S)2.27
P/FCF Ratio29.81
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)498.4
Revenue Forecast (FY)¥40.00B
Japan Electronic Materials Corporation Business Overview & Revenue Model
Company Description
Established in 1960 and based in Amagasaki, Japan, Japan Electronic Materials Corporation is a global manufacturer and seller of essential components for the electronics industry. The company produces various types of probe cards, including advanc...
How the Company Makes Money
Japan Electronic Materials primarily makes money by designing, manufacturing, and selling probe cards and related semiconductor test interface products to semiconductor manufacturers, foundries, and test subcontractors. Revenue is generated mainly...
Japan Electronic Materials Corporation Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
82
Very Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 33.57B | 29.37B | 23.83B | 17.46B | 20.78B | 23.60B |
| Gross Profit | 14.65B | 12.66B | 9.35B | 5.19B | 7.34B | 8.93B |
| EBITDA | 10.46B | 8.77B | 5.86B | 2.11B | 4.60B | 6.14B |
| Net Income | 6.63B | 5.45B | 3.45B | 622.00M | 2.61B | 3.80B |
Balance Sheet | ||||||
| Total Assets | 59.39B | 58.48B | 39.86B | 35.08B | 32.96B | 33.21B |
| Cash, Cash Equivalents and Short-Term Investments | 25.09B | 27.15B | 12.19B | 14.25B | 12.81B | 11.87B |
| Total Debt | 7.23B | 7.54B | 5.88B | 5.66B | 4.18B | 5.19B |
| Total Liabilities | 12.95B | 13.60B | 11.94B | 10.41B | 8.72B | 11.42B |
| Stockholders Equity | 46.43B | 44.88B | 27.91B | 24.67B | 24.24B | 21.79B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.24B | -1.66B | 397.00M | 2.43B | 3.89B |
| Operating Cash Flow | 0.00 | 5.76B | 1.80B | 2.31B | 3.35B | 4.81B |
| Investing Cash Flow | 0.00 | -3.66B | -3.58B | -2.20B | -849.00M | -562.00M |
| Financing Cash Flow | 0.00 | 12.71B | -514.00M | 879.00M | -1.58B | 947.00M |
Japan Electronic Materials Corporation Technical Analysis
Negative
3845.00
Price Trends
7005.67
Negative
7061.72
Negative
6683.96
Negative
Market Momentum
-251.09
Positive
32.57
Neutral
9.48
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6855, the sentiment is Negative. The current price of 3845 is below the 20-day moving average (MA) of 7592.50, below the 50-day MA of 7005.67, and below the 200-day MA of 6683.96, indicating a bearish trend. The MACD of -251.09 indicates Positive momentum. The RSI at 32.57 is Neutral, neither overbought nor oversold. The STOCH value of 9.48 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6855.
Japan Electronic Materials Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥446.33B | 24.79 | ― | 0.82% | 37.81% | 88.83% | |
65 Neutral | ¥239.02B | 22.04 | ― | 2.69% | 13.05% | 14.72% | |
62 Neutral | ¥90.12B | 12.41 | ― | 1.79% | 38.30% | 75.21% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | ¥428.57B | 11.48 | 12.97% | 1.84% | 42.63% | 139.80% | |
49 Neutral | ¥2.75T | 19.48 | ― | 1.20% | 29.69% | 91.52% | |
46 Neutral | ¥836.72B | -30.13 | ― | 0.84% | 3.86% | -368.04% |
* Technology Sector Average
JP:6855
Japan Electronic Materials Corporation
6,150.00
2,215.99
56.33%
JP:6890
Ferrotec Holdings
7,940.00
3,288.83
70.71%
JP:3436
SUMCO Corporation
2,389.50
812.73
51.54%
JP:5384
Fujimi Incorporated
3,140.00
826.88
35.75%
JP:6871
Micronics Japan Co., Ltd.
11,620.00
4,035.04
53.20%
JP:5016
JX Advanced Metals Corporation
2,905.00
945.98
48.29%
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.