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IRISO Electronics Co., Ltd. (6908) AI Stock Analysis
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IRISO Electronics Co., Ltd.
(TSE/TYO:6908)
The overall score of 57 reflects a company with a strong financial foundation but significant operational headwinds. The primary strength is the exceptionally low debt and solid balance sheet, which provides a margin of safety. The most significant risk is the persistent deterioration in profit margins and return on equity, which is confirmed by a bearish technical trend with the stock trading below all key moving averages. The high dividend yield offers some valuation support but is not enough to offset the negative earnings trajectory and weak price momentum.
IRISO Electronics Co., Ltd. (6908) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 56.45B
- Dividend Yield
- 5.67%
- Average Volume (3M)
- 161.63K
- Price to Earnings (P/E)
- 21.9
- Beta (1Y)
- 1.00
- Revenue Growth
- 9.70%
- EPS Growth
- 3.12%
- Country
- Japan
- Employees
- 2,842
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
IRISO Electronics Co., Ltd. Business Overview & Revenue Model
Company Description
Iriso Electronics Co., Ltd. develops, manufactures, and sells connectors in Japan, rest of Asia, Europe, and North America. The company offers board to board, FPC/FFC, wire harness, socket, pin header, input/output, and card edge connectors; compress...
How the Company Makes Money
IRISO primarily makes money by designing, manufacturing, and selling electronic connectors and related interconnect products to equipment makers and electronic component distributors. Revenue is generated from product sales (unit-based shipments) whe...
IRISO Electronics Co., Ltd. Financial Statement Overview
Summary
Financial performance is mixed. A fortress-like balance sheet (Score: 78) with minimal debt provides significant stability. However, this is offset by a severe and sustained decline in profitability (Income Score: 42) and volatile free cash flow (Cash Flow Score: 55). The inability to convert strong revenue growth into bottom-line earnings is a major concern.
Income Statement
42NeutralBalance Sheet
78PositiveCash Flow
55Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 61.95B | 61.96B | 56.33B | 55.27B | 52.90B | 43.86B |
| Gross Profit | 17.66B | 17.57B | 17.94B | 17.14B | 17.32B | 14.34B |
| EBITDA | 12.33B | 12.29B | 12.43B | 12.29B | 13.14B | 9.88B |
| Net Income | 2.58B | 2.55B | 2.66B | 5.59B | 5.54B | 3.91B |
Balance Sheet | ||||||
| Total Assets | 94.82B | 94.82B | 91.70B | 96.86B | 82.49B | 73.15B |
| Cash, Cash Equivalents and Short-Term Investments | 28.50B | 28.50B | 24.31B | 26.69B | 18.64B | 14.07B |
| Total Debt | 10.21B | 10.21B | 10.23B | 7.75B | 3.42B | 1.21B |
| Total Liabilities | 0 | 20.29B | 20.50B | 19.84B | 14.47B | 11.38B |
| Stockholders Equity | 74.53B | 74.53B | 70.62B | 76.23B | 67.42B | 61.34B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 5.58B | 3.44B | 5.11B | 4.51B | 1.25B |
| Operating Cash Flow | 0 | 10.96B | 12.04B | 12.93B | 11.61B | 6.69B |
| Investing Cash Flow | 0 | -5.54B | -8.78B | -9.09B | -8.18B | -6.25B |
| Financing Cash Flow | 0 | -2.80B | -5.50B | 2.31B | 516.00M | -1.61B |
IRISO Electronics 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:6908, the sentiment is Negative. The current price of 2644.00 is below the 20-day moving average (MA) of 2727.15, below the 50-day MA of 2774.48, and below the 200-day MA of 3102.75, indicating a bearish trend. The MACD of -53.39 indicates Positive momentum. The RSI at 42.47 is Neutral, neither overbought nor oversold. The STOCH value of 44.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6908.
IRISO Electronics Co., Ltd. Peers Comparison
Overall Rating
JP:534468Neutral
JP:677068Neutral
JP:680666Neutral
JP:698162Neutral
JP:680758Neutral
JP:690857Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 68Neutral | JPY 635.02B | 27.77 | 15.30% | 0.21% | 25.86% | 25.55% | |
| 68Neutral | JPY 408.72B | 16.02 | 3.75% | 3.07% | 5.06% | -65.51% | |
| 66Neutral | JPY 748.91B | 23.55 | 8.79% | 2.20% | 15.94% | 6.46% | |
| 62Neutral | JPY 11.73T | 43.72 | 10.61% | 1.10% | 14.53% | 24.27% | |
| 58Neutral | JPY 171.39B | 31.36 | 3.74% | 2.21% | 10.23% | -33.88% | |
| 57Neutral | JPY 61.87B | 21.86 | ― | 5.67% | 9.70% | 3.12% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:6908 | IRISO Electronics Co., Ltd. | 2644.00 | -322.57 | -10.87% | |
| JP:5344 | Maruwa Co | 51470.00 | 7681.96 | 17.54% | |
| JP:6770 | Alps Alpine Co | 2085.00 | 195.04 | 10.32% | |
| JP:6806 | HIROSE ELECTRIC CO | 23625.00 | 3392.57 | 16.77% | |
| JP:6807 | Japan Aviation Electronics Industry | 2485.00 | 229.59 | 10.18% | |
| JP:6981 | Murata Manufacturing Co | 6358.00 | 3012.39 | 90.04% |
IRISO Electronics Co., Ltd. Corporate Events
IRISO Electronics Corrects Prior-Period Restated Financial Figures
IRISO Electronics has issued a partial correction to its recent notice on amendments to past annual securities reports and consolidated financial results. The company identified errors in previously disclosed post-restatement figures, including impac...
IRISO Electronics Corrects Key Dividend Ratios in FY2026 Results
IRISO Electronics has issued a correction to its consolidated financial results for the year ended March 31, 2026, specifically revising data in the cash dividend section previously disclosed at the end of September. The revision affects the reported...
IRISO Electronics Corrects Name Spelling in Director Change Notice
IRISO Electronics Co., Ltd. has issued a correction to its previously released notice regarding a change of representative director, clarifying the proper spelling of President and Representative Director Shuichi Ikeda’s name. The company updat...
IRISO Electronics Expands Scope of Internal Control Report Corrections
IRISO Electronics has issued a correction to its recent notice on material weaknesses in internal control over financial reporting, clarifying the scope of the internal control reports affected. The company, which supplies electronic components and c...
IRISO Electronics Restates Multi-Year Results After Overseas Misconduct Probe
IRISO Electronics has disclosed widespread misconduct and accounting issues at two overseas subsidiaries, including improper payments, delays in closing and audits, early revenue recognition in fiscal 2023 and 2024, and deficiencies in quality contro...
IRISO Electronics Flags Material Internal Control Weaknesses and Restates Past Financials
IRISO Electronics has disclosed material weaknesses in its internal control over financial reporting and submitted correction reports for multiple past fiscal years to Japan’s Kanto Regional Finance Bureau. The revisions follow an investigation...
IRISO Electronics Tightens Governance After Overseas Misconduct Probe
IRISO Electronics has moved to address improper payments and related misconduct uncovered at its overseas subsidiaries by a third-party investigation, adopting a comprehensive set of recurrence prevention measures approved by its board. The company p...
IRISO Electronics Replaces President After Probe Into Improper Payments
IRISO Electronics Co., Ltd. has announced a leadership change following an investigation into suspected improper payments at its overseas subsidiaries and potential accounting and quality control issues. The board appointed Director and Senior Managi...
IRISO Electronics Reshapes Management Across Administration and Production Units
IRISO Electronics has announced a series of personnel changes effective October 1, 2026, following a board resolution on September 30. The reshuffle spans key administrative and production management roles, indicating a realignment of management resp...
IRISO Electronics Grows Sales, Strengthens Balance Sheet but Flags Profit Squeeze Ahead
IRISO Electronics reported consolidated net sales of ¥61.96 billion for the year ended March 31, 2026, a 9.9% increase year-on-year, while operating profit was essentially flat at ¥5.44 billion and profit attributable to owners of parent ro...
IRISO Electronics Books Subsidy Income and Investigation Costs in FY2026 Results
IRISO Electronics has booked extraordinary income of 1,404 million yen from national subsidies related to its Akita factory, strengthening the financial support for its domestic manufacturing base. This subsidy recognition highlights government backi...
IRISO Electronics Beats Sales Forecast but Earnings Hit by Extraordinary Investigation Costs
IRISO Electronics reported consolidated net sales of ¥61.96 billion for the fiscal year ended March 2026, beating its earlier forecast of ¥58.0 billion, driven by stronger demand in the Chinese market and the beneficial impact of a weaker y...
IRISO Electronics Submits Delayed Annual Securities Report and Financial Results
IRISO Electronics has completed and submitted its Annual Securities Report for the fiscal year ended March 31, 2026 to the Director-General of the Kanto Local Finance Bureau, following an approved extension of the filing deadline to September 30, 202...
IRISO Electronics Vows Faster Reporting After Delayed FY2026 Results
IRISO Electronics has disclosed that its consolidated financial results for the fiscal year ended March 31, 2026 were announced more than 50 days after the year-end, following extensive work to correct past filings and complete additional audit proce...
IRISO Electronics Probe Finds Improper Payments and Control Failures
IRISO Electronics has disclosed the findings of a third-party committee that investigated improper payments and control failures at several overseas subsidiaries. The published report, partially redacted for confidentiality and available only in Japa...
IRISO Electronics to Release Probe Findings and Restated FY2026 Results
IRISO Electronics has received the report from an independent third-party committee that was set up to investigate possible improper payments at an overseas subsidiary, as well as issues related to accounting, product quality, and inspection practice...
IRISO Electronics Delays First-Quarter Earnings Amid Subsidiary Probe
IRISO Electronics has announced that disclosure of its financial results for the first quarter of the fiscal year ending March 31, 2027 will be delayed beyond the standard 45-day window, citing ongoing investigations and extended audit work. The comp...
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: Oct 03, 2026