Kyocera Corporation (JP:6971)
:6971
Want to see JP:6971 full AI Analyst Report?
Top Page
Kyocera
(6971)
Select Model
Select Model
Rating:66Neutral
Price Target:
¥4,118.00
▲(53.20% Upside)
Action:Downgraded
Date:06/04/26
The score is led by solid financial health driven by a very strong, low-leverage balance sheet and a 2026 profitability rebound. Technicals show a strong uptrend, but very overbought readings raise pullback risk. Valuation is a major headwind due to the high P/E and only modest dividend yield.
Positive Factors
Conservative balance sheet
Kyocera's very low leverage and steadily growing equity provide durable financial flexibility across cycles. A conservatively financed balance sheet reduces refinancing and solvency risk, enabling continued capital investment, R&D and ability to support customers through downturns without heavy debt strain.
Negative Factors
Stagnant revenue growth
Persistent low single-digit revenue growth suggests limited top-line momentum across core segments. Over the medium term, flat sales constrain operating leverage and the ability to sustainably expand margins, making profit improvements more reliant on cost control or favorable product mix shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Kyocera's very low leverage and steadily growing equity provide durable financial flexibility across cycles. A conservatively financed balance sheet reduces refinancing and solvency risk, enabling continued capital investment, R&D and ability to support customers through downturns without heavy debt strain.
Read all positive factors
Kyocera (6971) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥4.86T
Dividend Yield2.29%
Average Volume (3M)4.12M
Price to Earnings (P/E)35.3
Beta (1Y)0.84
Revenue Growth2.77%
EPS Growth500.36%
CountryJP
Employees79,185
SectorIndustrials
Sector Strength72
IndustryConsumer Electronics
Share Statistics
EPS (TTM)102.71
Shares Outstanding1,419,100,800
10 Day Avg. Volume4,161,980
30 Day Avg. Volume4,119,896
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.98
Price to Sales (P/S)1.58
P/FCF Ratio48.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥4,150.00Price Target Upside54.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)100.94
Revenue Forecast (FY)¥2.01T
Kyocera Business Overview & Revenue Model
Company Description
Kyocera Corporation, founded in Kyoto, Japan, in 1946 (initially known as Kyoto Ceramic Kabushiki Kaisha until its 1982 renaming), operates as a global enterprise specializing in the development, manufacturing, and distribution of products leverag...
How the Company Makes Money
Kyocera makes money primarily by selling manufactured components and finished equipment to corporate and industrial customers, with revenue recognized from product shipments and, in some businesses, recurring service and consumables. Key revenue s...
Kyocera Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
86
Very Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.07T | 2.01T | 2.00T | 2.03T | 1.84T |
| Gross Profit | 607.64B | 559.17B | 553.11B | 564.94B | 513.64B |
| EBITDA | 341.08B | 195.32B | 282.17B | 305.69B | 307.85B |
| Net Income | 140.97B | 24.10B | 101.07B | 127.99B | 148.41B |
Balance Sheet | |||||
| Total Assets | 4.65T | 4.51T | 4.47T | 4.09T | 3.92T |
| Cash, Cash Equivalents and Short-Term Investments | 455.89B | 444.74B | 424.79B | 378.29B | 439.59B |
| Total Debt | 332.72B | 342.38B | 304.19B | 209.80B | 149.26B |
| Total Liabilities | 1.28T | 1.27T | 1.21T | 1.05T | 1.02T |
| Stockholders Equity | 3.34T | 3.22T | 3.23T | 3.02T | 2.87T |
Cash Flow | |||||
| Free Cash Flow | 67.06B | 83.27B | 121.42B | 2.59B | 67.47B |
| Operating Cash Flow | 226.24B | 237.92B | 269.07B | 179.21B | 201.96B |
| Investing Cash Flow | 74.54B | -150.48B | -158.41B | -174.66B | -79.46B |
| Financing Cash Flow | -311.96B | -64.94B | -82.60B | -55.42B | -111.47B |
Kyocera Technical Analysis
Positive
2688.00
Price Trends
3079.61
Positive
2791.71
Positive
2429.50
Positive
Market Momentum
196.30
Positive
62.34
Neutral
66.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6971, the sentiment is Positive. The current price of 2688 is below the 20-day moving average (MA) of 3570.85, below the 50-day MA of 3079.61, and above the 200-day MA of 2429.50, indicating a bullish trend. The MACD of 196.30 indicates Positive momentum. The RSI at 62.34 is Neutral, neither overbought nor oversold. The STOCH value of 66.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6971.
Kyocera Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥421.67B | 23.69 | 5.53% | 3.55% | 5.54% | 128.65% | |
66 Neutral | ¥4.86T | 35.30 | 1.37% | 2.29% | 2.77% | 500.36% | |
66 Neutral | ¥165.75B | 9.67 | 13.53% | 1.34% | -3.63% | -14.77% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | ¥10.05T | 53.88 | 4.25% | 1.99% | -4.84% | -48.25% | |
53 Neutral | ¥19.26T | -58.26 | 14.45% | 0.55% | -3.68% | -129.28% | |
48 Neutral | ¥387.15B | 8.14 | ― | ― | -12.38% | 31.41% |
* Industrials Sector Average
JP:6971
Kyocera
3,680.00
2,029.25
122.93%
JP:6952
Casio Computer Co
1,906.50
864.30
82.93%
JP:6752
Panasonic
4,419.00
2,974.60
205.94%
JP:6758
Sony
3,140.00
-202.63
-6.06%
JP:6632
JVCKENWOOD Corporation
1,120.50
59.02
5.56%
JP:6753
Sharp Corporation
573.20
-90.90
-13.69%
Kyocera Corporate Events
Kyocera Delays Execution of Large Authorized Share Buyback
Jun 4, 2026
Kyocera reported that it did not repurchase any of its own shares during the period from May 1 to May 31, 2026, despite having board authorization for a large-scale buyback program. The company disclosed that the total number of shares repurchased...
Kyocera Advances ¥250 Billion Share Buyback With Initial ToSTNeT-3 Repurchase
Jun 2, 2026
Kyocera Corporation has repurchased 8,364,800 shares of its common stock for approximately ¥29.6 billion through the Tokyo Stock Exchange’s off-auction own share repurchase trading system on June 2, 2026, as part of a broader share buyb...
Kyocera Sets Terms for Share Buyback Under ¥250 Billion Repurchase Program
Jun 1, 2026
Kyocera has set the terms for a buyback of up to 9,058,000 common shares, representing 0.69% of outstanding stock excluding treasury shares, via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system on June 2 at a fixed price matching the ...
Kyocera Board Rejects Activist Oasis’s Shareholder Proposals Ahead of June AGM
May 18, 2026
Kyocera’s board of directors has unanimously decided to oppose a set of shareholder proposals submitted by activist investor Oasis ahead of the company’s June 25, 2026 annual general meeting. The proposals call for expanded share repur...
Kyocera to Raise ¥125 Billion by Tendering Part of KDDI Stake
May 12, 2026
Kyocera will tender 53,763,400 shares of KDDI in the telecom group’s share buyback at ¥2,325 per share, for potential proceeds of about ¥125 billion, as part of a broader capital strategy to secure funding for future needs. Even if...
Kyocera Raises Fiscal 2027 EPS Forecast After Correcting Presentation
May 8, 2026
Kyocera Corporation corrected an error in its previously published financial presentation for the year ended March 31, 2026, specifically revising its forecast earnings per share for fiscal 2027. The company raised its projected EPS from 100.54 ye...
Kyocera Moves to Audit & Supervisory Committee Structure to Strengthen Governance
Apr 30, 2026
Kyocera Corporation, a Japan-based diversified technology and electronics manufacturer listed on the TSE Prime Market, provides components and related industrial products to global markets. The company has articulated a strategic focus on regainin...
Kyocera Launches ¥250 Billion Share Buyback Covering Nearly 12% of Stock
Apr 30, 2026
Kyocera’s board has approved a major share repurchase program of up to 156,544,000 common shares, representing 11.88% of its outstanding stock excluding treasury shares, with a maximum outlay of 250 billion yen. The buyback, to be executed o...
Kyocera to Cancel Over 91 Million Treasury Shares in Capital Efficiency Move
Apr 30, 2026
Kyocera Corporation has approved the cancellation of 91,373,500 shares of its common stock, representing 6.05% of its outstanding shares prior to the move, with the effective date set for May 29, 2026. Following the cancellation, the company will ...
Kyocera Raises Dividend and Adopts Progressive, DOE-Based Payout Policy
Apr 30, 2026
Kyocera’s board has approved a higher year-end dividend for the fiscal year ended March 31, 2026, lifting the payout to 27 yen per share from the previously forecast 25 yen after earnings per share beat earlier guidance. This raises the annu...
Kyocera Outlines Fiscal 2026 Results and Multi-Year Outlook
Apr 30, 2026
Kyocera released a financial presentation covering results for the year ended March 31, 2026, along with forecasts for fiscal 2027 and a management plan for fiscal 2028, outlining performance trends and expectations. The materials, prepared in Eng...
Kyocera Rebounds With Profit Surge and Higher Dividend for FY2026
Apr 30, 2026
Kyocera reported a sharp rebound in profitability for the year ended March 31, 2026, with sales revenue edging up 2.8% to ¥2.07 trillion while operating profit surged more than fourfold to ¥118.1 billion and profit attributable to owners...
Kyocera Completes ¥200 Billion Share Buyback Ahead of Schedule
Mar 13, 2026
Kyocera has completed a share repurchase program authorized by its board in May 2025, buying back 8,398,900 common shares between March 1 and March 12, 2026, via market purchases on the Tokyo Stock Exchange for approximately ¥21.87 billion. T...
Kyocera Nears Completion of ¥200 Billion Share Buyback Program
Mar 5, 2026
Kyocera has disclosed the latest status of its ongoing share repurchase program, confirming that it bought back 11,657,100 common shares on the Tokyo Stock Exchange in February 2026 for a total of about ¥30.8 billion. These purchases are part...
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.