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Okaya Electric Industries Co., Ltd.
(6926)
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Rating:49Neutral
Price Target:
¥192.00
▼(-0.52% Downside)
Action:Reiterated
Date:09/06/26
The score is held down primarily by deteriorating fundamentals—deep losses, sharply lower margins, and sustained negative operating/free cash flow—despite only moderate balance-sheet leverage. Technical indicators are moderately constructive and provide some support, but valuation signals are weak due to a negative P/E and lack of dividend yield data.
Positive Factors
Revenue growth
Revenue growth indicates that demand for the company’s electronic components remains intact despite recent profitability pressure. Continued shipments across noise suppression and protection applications can support recovery if the company converts stable or expanding sales into healthier margins.
Negative Factors
Deep losses and margin collapse
The sharp margin contraction and move into deep operating and net losses indicate that current revenue is not translating into economically sustainable earnings. Unless pricing, costs, or product mix improve, ongoing losses could weaken competitiveness and reduce resources available for investment.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth
Revenue growth indicates that demand for the company’s electronic components remains intact despite recent profitability pressure. Continued shipments across noise suppression and protection applications can support recovery if the company converts stable or expanding sales into healthier margins.
Read all positive factors
Okaya Electric Industries Co., Ltd. (6926) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.32B
Dividend Yield1.49%
Average Volume (3M)15.97K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth11.93%
EPS Growth12.11%
CountryJP
Employees1,101
SectorGeneral
Sector StrengthN/A
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)-70.80
Shares Outstanding22,921,562
10 Day Avg. Volume19,090
30 Day Avg. Volume15,970
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)0.72
Price to Sales (P/S)0.42
P/FCF Ratio-3.17
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)N/A
Revenue Forecast (FY)N/A
Okaya Electric Industries Co., Ltd. Business Overview & Revenue Model
Company Description
Okaya Electric Industries Co., Ltd., established in 1939 and headquartered in Tokyo, Japan, functions as a global developer and provider of electrical components and equipment. Its extensive product range includes various noise suppression solutio...
How the Company Makes Money
Okaya Electric Industries primarily makes money by selling electronic components and related products to business customers (B2B), generating revenue from shipments of parts that are designed into customers’ electronic devices and systems. Its key...
Okaya Electric Industries Co., Ltd. Financial Statement Overview
Summary
Income Statement
23
Negative
Balance Sheet
54
Neutral
Cash Flow
21
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.74B | 10.23B | 9.60B | 14.32B | 17.11B | 13.37B |
| Gross Profit | 1.05B | 931.71M | 906.95M | 3.18B | 3.58B | 2.22B |
| EBITDA | -1.32B | -1.40B | -1.42B | 682.69M | 951.91M | -181.10M |
| Net Income | -1.58B | -1.64B | -1.71B | 120.96M | 613.18M | -436.27M |
Balance Sheet | ||||||
| Total Assets | 14.07B | 13.40B | 14.05B | 17.06B | 16.79B | 16.00B |
| Cash, Cash Equivalents and Short-Term Investments | 2.45B | 2.59B | 3.30B | 4.89B | 3.49B | 4.33B |
| Total Debt | 4.47B | 4.46B | 4.00B | 4.76B | 4.92B | 5.42B |
| Total Liabilities | 8.04B | 7.50B | 6.98B | 8.02B | 8.56B | 8.74B |
| Stockholders Equity | 6.02B | 5.90B | 7.07B | 9.04B | 8.23B | 7.26B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -1.34B | -574.72M | 1.71B | -295.38M | -1.74B |
| Operating Cash Flow | 0.00 | -1.13B | -400.16M | 2.10B | -52.76M | -1.57B |
| Investing Cash Flow | 0.00 | 34.08M | -178.31M | -398.07M | -245.93M | -177.11M |
| Financing Cash Flow | 0.00 | 320.22M | -966.45M | -454.44M | -587.28M | 1.23B |
Okaya Electric Industries Co., Ltd. Technical Analysis
Positive
193.00
Price Trends
186.96
Positive
189.53
Positive
193.62
Negative
Market Momentum
1.48
Negative
62.46
Neutral
65.45
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6926, the sentiment is Positive. The current price of 193 is above the 20-day moving average (MA) of 188.10, above the 50-day MA of 186.96, and below the 200-day MA of 193.62, indicating a neutral trend. The MACD of 1.48 indicates Negative momentum. The RSI at 62.46 is Neutral, neither overbought nor oversold. The STOCH value of 65.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6926.
Okaya Electric Industries Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥785.21B | 24.70 | 8.79% | 2.17% | 15.94% | 6.46% | |
70 Outperform | ¥65.33B | 17.28 | ― | 5.29% | 8.87% | -12.83% | |
65 Neutral | ¥13.26T | 49.45 | 9.94% | 0.97% | 10.31% | 24.82% | |
64 Neutral | ¥39.54B | 18.14 | ― | 4.48% | 9.71% | 23.67% | |
59 Neutral | ¥176.23B | 22.99 | ― | 1.54% | 0.36% | 45.02% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
49 Neutral | ¥4.32B | -2.73 | ― | 1.49% | 11.93% | 12.11% |
* General Sector Average
JP:6926
Okaya Electric Industries Co., Ltd.
192.00
-16.00
-7.69%
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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.