Want to see JP:7466 full AI Analyst Report?
Top Page
SPK Corporation
(7466)
Select Model
Select Model
Rating:74Outperform
Price Target:
¥1,519.00
▲(3.83% Upside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by solid financial performance (consistent growth and stable margins, offset by cash-flow volatility) and supportive valuation (low P/E with a moderate dividend yield). Technicals add a modest positive tilt, with price above key longer-term moving averages and neutral-to-positive momentum indicators.
Positive Factors
Revenue Growth Trend
Multi-year revenue expansion shows durable demand for SPK’s distribution services in the automotive aftermarket. Consistent top-line growth across 2022–2026 indicates expanding market penetration and recurring transaction volume that supports stable cash flows and long-term business scale.
Negative Factors
Volatile Free Cash Flow
Irregular free cash flow reflects working-capital swings and episodic investment, reducing predictability of internal funding. For a distribution-heavy model, inconsistent cash conversion can constrain reinvestment in inventory, logistics, or M&A and raises execution risk during tighter market conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trend
Multi-year revenue expansion shows durable demand for SPK’s distribution services in the automotive aftermarket. Consistent top-line growth across 2022–2026 indicates expanding market penetration and recurring transaction volume that supports stable cash flows and long-term business scale.
Read all positive factors
SPK Corporation (7466) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥29.76B
Dividend Yield2.49%
Average Volume (3M)11.27K
Price to Earnings (P/E)10.5
Beta (1Y)0.58
Revenue Growth9.80%
EPS Growth15.60%
CountryJP
Employees646
SectorGeneral
Sector StrengthN/A
IndustryAuto - Parts
Share Statistics
EPS (TTM)139.79
Shares Outstanding20,907,600
10 Day Avg. Volume10,580
30 Day Avg. Volume11,273
Financial Highlights & Ratios
PEG Ratio1.25
Price to Book (P/B)0.87
Price to Sales (P/S)0.34
P/FCF Ratio10.94
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
SPK Corporation Business Overview & Revenue Model
Company Description
SPK Corporation, along with its affiliated entities, specializes in the distribution of automotive spare parts and accessories, as well as components for industrial vehicles. Within Japan, its extensive product catalog encompasses items such as en...
How the Company Makes Money
SPK primarily makes money by acting as an intermediary in the automotive supply chain, earning revenue from the sale and distribution of automotive parts and related products (i.e., purchasing products from manufacturers/suppliers and selling them...
SPK Corporation Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
64
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.86B | 75.25B | 68.72B | 63.30B | 54.70B | 47.69B |
| Gross Profit | 14.78B | 14.44B | 12.44B | 11.35B | 9.43B | 7.71B |
| EBITDA | 4.83B | 4.89B | 4.42B | 3.94B | 3.43B | 2.68B |
| Net Income | 2.82B | 2.69B | 2.50B | 2.39B | 2.06B | 1.63B |
Balance Sheet | ||||||
| Total Assets | 46.95B | 47.80B | 44.17B | 38.64B | 34.35B | 30.01B |
| Cash, Cash Equivalents and Short-Term Investments | 8.76B | 9.59B | 7.87B | 6.97B | 6.61B | 6.15B |
| Total Debt | 7.64B | 8.32B | 7.72B | 4.41B | 3.78B | 2.47B |
| Total Liabilities | 17.28B | 18.46B | 17.11B | 14.05B | 12.18B | 9.79B |
| Stockholders Equity | 29.52B | 29.18B | 26.93B | 24.48B | 22.18B | 20.22B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.33B | 495.24M | 800.87M | 329.26M | 151.82M |
| Operating Cash Flow | 0.00 | 2.56B | 1.19B | 1.84B | 838.38M | 536.48M |
| Investing Cash Flow | 0.00 | -778.00M | -2.89B | -1.80B | -879.51M | -592.53M |
| Financing Cash Flow | 0.00 | -88.00M | 2.49B | 167.46M | 426.39M | -1.19B |
SPK Corporation Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥18.78B | 10.37 | ― | 0.92% | 3.79% | 26.46% | |
74 Outperform | ¥29.76B | 10.47 | ― | 2.66% | 9.80% | 15.60% | |
68 Neutral | ¥19.42B | 7.42 | ― | 3.19% | 2.39% | ― | |
64 Neutral | ¥29.43B | 18.23 | ― | 4.20% | 0.57% | -34.61% | |
60 Neutral | ¥12.55B | 12.10 | ― | 3.90% | 4.00% | -58.51% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
47 Neutral | ¥28.54B | 33.81 | ― | 3.33% | 0.78% | 98.79% |
* General Sector Average
JP:7466
SPK Corporation
1,463.00
331.15
29.26%
JP:5185
Fukoku Co., Ltd.
2,065.00
259.54
14.38%
JP:6356
Nippon Gear Co., Ltd.
1,335.00
621.94
87.22%
JP:6584
Sanoh Industrial Co., Ltd.
782.00
-0.08
-0.01%
JP:7247
Mikuni Corporation
373.00
1.63
0.44%
JP:7294
Yorozu Corporation
928.00
-29.70
-3.10%
SPK Corporation Corporate Events
SPK Corporation Delivers Strong Profit Growth and Improved Financial Stability in Q1 FY2027
Aug 7, 2026
SPK Corporation reported solid consolidated results for the first quarter of the fiscal year ending March 2027, with net sales rising 9.0% year on year to ¥19.56 billion and operating profit surging 31.5% to ¥1.05 billion. Ordinary profi...
SPK Corporation Completes Treasury Share Disposal for Restricted Stock Compensation
Jul 17, 2026
SPK Corporation has completed payment procedures for the disposal of its treasury shares used as restricted stock compensation for certain internal directors. The move follows a June 25, 2026 board resolution and forms part of the company’s ...
SPK to Grant Restricted Treasury Shares to Directors Under Incentive Plan
Jun 25, 2026
SPK Corporation has approved the disposal of 11,725 treasury shares as restricted stock compensation for four internal directors, priced at 1,274 yen per share for a total value of 14,937,650 yen. The move is part of a broader restricted stock com...
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.