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Asti Corporation (6899) AI Stock Analysis

JP:6899

Asti Corporation

(TSE/TYO:6899)

Select Model
Rating:68Neutral
Price Target:JPY 2,540.00▲(22.12% Upside)
Action:reiterated
Date:08/17/26

Asti Corporation's overall score is anchored by its highly attractive valuation, solid dividend yield, and a defensible balance sheet. Despite excellent cash conversion and low leverage, the company's rating is constrained by stagnant top-line revenue growth, minimal profitability, and sluggish short-term technical momentum.

Positive Factors
Improving Balance SheetLower leverage and a larger equity base improve financial resilience, reduce dependence on borrowing, and provide greater flexibility to manage cyclical demand or fund operations over the next several quarters.
Negative Factors
Revenue ContractionRecent top-line contraction and an inconsistent growth record limit visibility into demand and can constrain operating leverage, making sustained earnings improvement harder without stronger customer or market expansion.

Asti Corporation (6899) vs. iShares MSCI Japan ETF (EWJ)

-10%0%10%20%30%40%JP:6899+5.42%EWJ+16.91%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 6.50B
Dividend Yield
3.85%
Average Volume (3M)
6,135
Price to Earnings (P/E)
10.2
Beta (1Y)
0.82
Revenue Growth
-5.57%
EPS Growth
89.68%
Country
Japan
Employees
4,282
Sector
Technology
Sector Strength
61
Industry
Hardware, Equipment & Parts

Asti Corporation Business Overview & Revenue Model

Company Description

Asti Corporation is a Japanese enterprise specializing in the manufacture and distribution of electrical components, primarily for the automotive sector. Its comprehensive product line for vehicles includes various Engine Control Units (ECUs), air co...

How the Company Makes Money

null

Asti Corporation Financial Statement Overview

Summary

Asti Corporation boasts an exceptionally strong balance sheet with steady deleveraging and robust cash flow generation. However, these strengths are heavily offset by a recent contraction in revenue and persistently razor-thin profit margins.

Income Statement

45Neutral

Balance Sheet

85Very Positive

Cash Flow

75Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue62.18B62.40B65.44B63.61B64.88B58.79B
Gross Profit6.42B6.09B5.96B6.76B6.14B4.15B
EBITDA3.09B3.20B3.52B4.51B3.65B1.97B
Net Income634.71M712.68M624.90M2.70B1.51B702.95M
Balance Sheet
Total Assets45.20B45.01B46.05B48.01B46.36B42.75B
Cash, Cash Equivalents and Short-Term Investments5.23B4.82B4.39B3.19B2.84B1.96B
Total Debt11.87B12.06B13.50B15.72B17.04B16.00B
Total Liabilities20.02B19.98B21.47B23.69B25.25B23.48B
Stockholders Equity25.13B24.99B24.54B24.29B21.09B19.26B
Cash Flow
Free Cash Flow01.70B3.91B1.47B174.59M-6.21B
Operating Cash Flow04.21B5.60B3.22B4.91B-4.75B
Investing Cash Flow0-2.53B-1.46B-1.96B-4.98B-1.36B
Financing Cash Flow0-2.05B-2.72B-1.63B890.99M5.70B

Asti Corporation Technical Analysis

Technical Analysis SentimentNegative
Last Price2080.00

Price Trends

50DMA2241.42Negative
100DMA2284.51Negative
200DMA2356.55Negative

Market Momentum

MACD-32.28Positive
RSI28.84Positive
STOCH2.17Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6899, the sentiment is Negative. The current price of 2080.00 is below the 20-day moving average (MA) of 2171.30, below the 50-day MA of 2241.42, and below the 200-day MA of 2356.55, indicating a bearish trend. The MACD of -32.28 indicates Positive momentum. The RSI at 28.84 is Positive, neither overbought nor oversold. The STOCH value of 2.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6899.

Asti Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

JP:6899 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:6899JP:689968NeutralJPY 6.69B10.24―3.85%-5.57%89.68%
JP:6806JP:680666NeutralJPY 748.91B23.618.79%2.20%15.94%6.46%
JP:6908JP:690866NeutralJPY 61.87B22.07―3.78%9.70%3.12%
JP:6981JP:698162NeutralJPY 11.73T40.0710.61%1.10%14.53%24.27%
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%
JP:6800JP:680061NeutralJPY 78.21B14.68―1.90%14.45%543.68%
JP:6807JP:680758NeutralJPY 171.39B31.023.74%2.24%10.23%-33.88%

* Technology Sector Average

Performance Comparison

0%100%200%JP:6899JP:6806JP:6807JP:6981JP:6800JP:6908Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:6899 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:6899Asti Corporation2080.0081.134.06%
JP:6806HIROSE ELECTRIC CO23675.002900.1113.96%
JP:6807Japan Aviation Electronics Industry 2458.00222.159.94%
JP:6981Murata Manufacturing Co 6340.002929.3085.89%
JP:6800Yokowo Co., Ltd.3320.001288.5463.43%
JP:6908IRISO Electronics Co., Ltd.2669.00-307.14-10.32%
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 17, 2026