Japan Resistor Mfg.Co. (6977) AI Stock Analysis

1 Followers

Japan Resistor Mfg.Co.

(TSE/TYO:6977)

Select Model

Rating:49Neutral

Price Target:JPY 1,886.00▲(0.37% Upside)

Action:reiterated

Date:10/02/26

The score is primarily impacted by weak financial performance characterized by declining revenues and profitability issues. Technical analysis provides some support through bullish momentum, while valuation remains unattractive due to negative earnings.

Positive Factors

Cash-flow reboundThe return to positive operating and free cash flow in 2025 is an important improvement in internal funding capacity. If sustained, it could help support operations and investment without relying as heavily on external financing, although consistency remains to be demonstrated.

Negative Factors

Persistent and worsening lossesThe shift from positive earnings in 2022–2023 to larger net losses in 2024–2025 shows that the current business model is not converting revenue into sustainable bottom-line profits. Continued losses can weaken equity, restrict reinvestment, and reduce financial resilience.

Japan Resistor Mfg.Co. (6977) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 2.32B
Dividend Yield: 1.33%
Average Volume (3M): 26.36K
Price to Earnings (P/E): -9.9
Beta (1Y): 0.57
Revenue Growth: 2.86%
EPS Growth: 37.26%
Country: Japan
Employees: 302
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

Japan Resistor Mfg.Co. Business Overview & Revenue Model

Company Description

Established in Nanto, Japan, in 1943, Japan Resistor Mfg. Co., Ltd. is a global enterprise dedicated to the research, production, and distribution of an extensive range of electronic components and integrated systems. Their product portfolio features...

Japan Resistor Mfg.Co. Financial Statement Overview

Summary

Japan Resistor Mfg. Co. exhibits weak financial performance with consistent revenue declines, net losses, and high leverage, despite some cash flow improvement in 2025.

Income Statement

25Negative

Balance Sheet

30Negative

Cash Flow

40Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.20B	5.91B	6.45B	7.18B	7.20B	6.19B
Gross Profit	1.43B	1.25B	1.31B	1.54B	1.68B	1.40B
EBITDA	189.78M	52.87M	33.79M	307.69M	385.79M	273.01M
Net Income	-235.73M	-376.51M	-181.41M	51.34M	133.21M	49.87M
Balance Sheet
Total Assets	7.37B	7.21B	7.73B	7.67B	7.62B	6.84B
Cash, Cash Equivalents and Short-Term Investments	2.01B	1.66B	1.67B	1.50B	1.37B	1.42B
Total Debt	4.13B	4.11B	4.22B	3.79B	3.24B	2.96B
Total Liabilities	5.64B	5.55B	5.83B	5.64B	5.59B	4.97B
Stockholders Equity	1.18B	1.17B	1.51B	1.63B	1.65B	1.52B
Cash Flow
Free Cash Flow	0	105.73M	-251.87M	-415.00M	-260.16M	-377.54M
Operating Cash Flow	0	230.62M	76.04M	-186.00M	-144.18M	-275.77M
Investing Cash Flow	0	-75.58M	-199.80M	-204.34M	-103.87M	-88.50M
Financing Cash Flow	0	-168.67M	240.83M	494.00M	221.27M	9.95M

Japan Resistor Mfg.Co. Technical Analysis

Technical Analysis SentimentPositive

Last Price1879.00

Price Trends

50DMA1729.44Positive

100DMA1614.83Positive

200DMA1314.43Positive

Market Momentum

MACD30.58Positive

RSI64.55Neutral

STOCH-0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6977, the sentiment is Positive. The current price of 1879.00 is below the 20-day moving average (MA) of 1891.85, above the 50-day MA of 1729.44, and above the 200-day MA of 1314.43, indicating a neutral trend. The MACD of 30.58 indicates Positive momentum. The RSI at 64.55 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6977.

Japan Resistor Mfg.Co. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:6977 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:6762	68Neutral	JPY 4.28T	17.42	―	1.69%	25.38%	50.76%
JP:6981	64Neutral	JPY 9.73T	34.27	10.61%	1.28%	14.53%	24.27%
JP:6976	60Neutral	JPY 926.02B	53.95	―	1.20%	9.27%	298.16%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
JP:6817	55Neutral	JPY 34.15B	15.97	―	5.03%	14.18%	9.84%
JP:6977	49Neutral	JPY 2.33B	-9.86	―	1.33%	2.86%	37.26%
JP:6999	44Neutral	JPY 66.33B	8.63	9.60%	2.39%	21.57%	333.66%

* General Sector Average

Performance Comparison

JP:6977 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:6977	Japan Resistor Mfg.Co.	1879.00	985.37	110.27%
JP:6999	Koa Corporation	2028.00	734.79	56.82%
JP:6981	Murata Manufacturing Co	5457.00	2390.52	77.96%
JP:6762	TDK Corporation	2365.50	-128.97	-5.17%
JP:6817	Sumida Corporation	1053.00	-75.01	-6.65%
JP:6976	Taiyo Yuden Co., Ltd.	7476.00	4161.23	125.54%

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: Oct 01, 2026

Japan Resistor Mfg.Co. AI Stock Analysis