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Altech Co., Ltd. (JP:9972)
:9972
Japanese Market
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Altech Co., Ltd. (9972) AI Stock Analysis

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JP:9972

Altech Co., Ltd.

(9972)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
¥275.00
▼(-4.18% Downside)
Action:Reiterated
Date:08/04/26
The score is primarily held back by weak financial performance driven by sustained recent losses, margin erosion, and declining equity despite moderate leverage. Technical indicators are neutral with only mild positive momentum, providing limited offset. Valuation is also constrained because the company is loss-making (negative P/E), though the ~2.5% dividend yield offers some support.
Positive Factors
Sustained revenue growth
Sales growth that persisted into 2025 demonstrates underlying market demand and revenue resilience. Durable top-line momentum provides capacity to scale fixed costs, support recovery of margins if cost control improves, and underpins longer-term recovery prospects even as profitability is being restored.
Negative Factors
Sustained profitability deterioration
Consecutive years of operating losses and a deep negative net margin indicate structural profitability issues such as margin erosion, cost pressure, or weak pricing power. Persistent losses erode internal capital, constrain reinvestment, and make it harder to rebuild sustainable returns without material operational improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained revenue growth
Sales growth that persisted into 2025 demonstrates underlying market demand and revenue resilience. Durable top-line momentum provides capacity to scale fixed costs, support recovery of margins if cost control improves, and underpins longer-term recovery prospects even as profitability is being restored.
Read all positive factors

Altech Co., Ltd. (9972) vs. iShares MSCI Japan ETF (EWJ)

Altech Co., Ltd. Business Overview & Revenue Model

Company Description
Altech Co., Ltd., established in Tokyo, Japan in 1976, operates as a comprehensive trading company specializing in advanced machinery and equipment. Its diverse product portfolio includes printing and film laminating machines, alongside converting...
How the Company Makes Money
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Altech Co., Ltd. Financial Statement Overview

Summary
Revenue has held up (including growth in 2025), but profitability has deteriorated sharply with losses in 2023–2025, negative operating profit, and a deeply negative net margin in 2025. Leverage looks moderate, yet equity has declined and ROE is strongly negative, indicating recent losses are eroding capital. Cash flow improved in 2024–2025 with positive operating cash flow and modestly positive free cash flow in 2025, but overall cash generation remains inconsistent.
Income Statement
28
Negative
Balance Sheet
55
Neutral
Cash Flow
45
Neutral
BreakdownTTMNov 2025Nov 2024Nov 2023Nov 2022Nov 2021
Income Statement
Total Revenue17.20B17.55B18.23B17.83B16.32B13.86B
Gross Profit3.77B3.29B3.21B3.14B3.56B3.49B
EBITDA-602.09M-902.75M732.03M-290.52M1.18B1.24B
Net Income-2.35B-2.59B-98.82M-1.03B402.79M542.02M
Balance Sheet
Total Assets15.94B14.92B19.51B21.61B20.98B19.66B
Cash, Cash Equivalents and Short-Term Investments5.13B3.61B4.12B3.16B4.14B4.24B
Total Debt3.85B4.03B4.67B5.69B3.11B2.54B
Total Liabilities6.77B6.45B8.35B9.79B8.11B8.07B
Stockholders Equity9.10B8.39B11.38B11.67B12.73B11.31B
Cash Flow
Free Cash Flow115.72M115.72M-234.63M-2.60B-460.16M-811.95M
Operating Cash Flow625.70M569.59M454.59M-937.91M525.06M1.13B
Investing Cash Flow-158.18M-102.07M972.96M-2.44B-962.19M-1.91B
Financing Cash Flow-1.03B-1.03B-445.52M2.37B55.50M1.29B

Altech Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price287.00
Price Trends
50DMA
274.34
Positive
100DMA
271.72
Positive
200DMA
275.86
Positive
Market Momentum
MACD
1.46
Negative
RSI
59.11
Neutral
STOCH
94.87
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9972, the sentiment is Positive. The current price of 287 is above the 20-day moving average (MA) of 277.45, above the 50-day MA of 274.34, and above the 200-day MA of 275.86, indicating a bullish trend. The MACD of 1.46 indicates Negative momentum. The RSI at 59.11 is Neutral, neither overbought nor oversold. The STOCH value of 94.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9972.

Altech Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
¥6.55B9.966.61%-9.72%-26.73%
59
Neutral
¥2.32B9.106.85%2.71%1.40%1.09%
57
Neutral
¥3.99B17.851.93%-12.22%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
51
Neutral
¥4.61B51.884.06%1.77%31.61%
49
Neutral
¥2.99B-1.642.47%0.48%-9169.88%
49
Neutral
¥5.63B-15.361.22%-19.87%-247.56%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:9972
Altech Co., Ltd.
280.00
40.11
16.72%
JP:6400
Fuji Seiki Co., Ltd.
290.00
5.30
1.86%
JP:6218
Enshu Limited
637.00
166.52
35.39%
JP:6334
Meiji Machine Co., Ltd.
500.00
202.53
68.08%
JP:6360
Tokyo Automatic Machinery Works, Ltd.
4,680.00
1,462.50
45.45%
JP:6757
OSG Corporation Co., Ltd.
882.00
46.15
5.52%
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: Aug 04, 2026