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Max Co., Ltd. (6454.T)

JPY1,748.00 +1.00 (+0.06%)
JP JPX Industrials Industrial - Distribution
Address 6-6 Nihonbashi 103-8502
Tokyo, JP
CEO Tatsushi Ogawa
IPO 2001-01-01
ISIN JP3864800002

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Description

Max Co., Ltd., along with its subsidiaries, functions as a global manufacturer and distributor of a diverse range of industrial and office machinery. The company's extensive industrial equipment catalog includes construction tools like nailers, tackers, air compressors, and laser markers, alongside various power tools such as hammer drills and rechargeable impact drivers. This sector also covers agricultural equipment like vegetable and bag binding machines, and building systems including bathroom heating ventilation dryers, floor heating solutions, and residential fire alarms. For office environments, Max provides a wide array of products, such as automatic and paper needle staplers, plastic ring bookbinding machines, numbering machines, hole punches, time recorders, label printers, cutting machines, and specialized drafting instruments like parallel rulers. Additionally, the company manufactures HCR (Health Care & Rehabilitation) equipment, including wheelchairs and other assistive devices, and participates in storage and transportation activities. Established in Tokyo, Japan, in 1942, the company initially operated under the name Max Industry Co., Ltd., adopting its current identity, Max Co., Ltd., in 1964.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY1,748.00 +1.00 (+0.06%)
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Volume Profile
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Liquidity & share structure
Average Volume
250.6K
Beta
0.38
Float Shares
91.37M
Free Float %
50.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.89% +1.01% +9.59% +8.57% +10.74% +4.49% +59.03% +212.55% +347.34% +486.52% +556.36%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,748.00
DCF (Unlevered) 5,068.49 +190.0%
DCF (Levered) 5,825.02 +233.2%
Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
11.11
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Industrial - Distribution: +6.3%
    +6.0% Q1'26: +10.8% (vs Q1'25)
  • EPS growth Industrial - Distribution: +5.8%
    +8.7% Q1'26: +44.8% (vs Q1'25)
  • FCF margin Industrial - Distribution: +6.8%
    +10.9% Q1'26: +10.5% (vs Q1'25)
  • EBIT margin Industrial - Distribution: +7.0%
    +15.8% Q1'26: +14.6% (vs Q1'25)
  • ROIC Industrial - Distribution: +8.6%
    +16.6% Q1'26: +15.5% (vs Q1'25)
  • Share dilution Industrial - Distribution: +0.0%
    -1.0% Q1'26: -2.5% (vs Q1'25)
  • Debt / EBITDA Industrial - Distribution: 0.93×
    0.09× Q1'26: 0.08× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.38) × ERP
WACC = 100% × Ke + 0% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5,068.49 Current price: 1,748.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
64.95B
est: 66.50B (-2.3%)
66.51B
est: 68.00B (-2.2%)
70.12B
est: 71.00B (-1.2%)
69.67B
est: 72.45B (-3.8%)
64.03B
est: 63.50B (+0.8%)
73.96B
est: 73.90B (+0.1%)
84.32B
est: 84.50B (-0.2%)
86.64B
est: 87.70B (-1.2%)
91.84B
est: 91.90B (-0.1%)
99.70B
98.89B – 100.51B
+8.5% YoY
104.35B
103.50B – 105.20B
+4.7% YoY
109.45B
107.70B – 111.20B
+4.9% YoY
EBITDA
7.38B
est: 11.22B (-34.2%)
8.03B
est: 11.47B (-30.0%)
9.52B
est: 11.98B (-20.5%)
10.03B
est: 12.22B (-17.9%)
9.19B
est: 10.71B (-14.2%)
10.31B
est: 12.47B (-17.3%)
12.94B
est: 14.25B (-9.2%)
15.66B
est: 22.72B (-31.1%)
17.78B
est: 26.81B (-33.7%)
29.09B
28.85B – 29.32B
+8.5% YoY
30.44B
30.20B – 30.69B
+4.7% YoY
31.93B
31.42B – 32.44B
+4.9% YoY
EBIT
5.29B
est: 8.76B (-39.6%)
5.88B
est: 8.96B (-34.4%)
7.12B
est: 9.36B (-23.9%)
7.56B
est: 9.55B (-20.8%)
6.67B
est: 8.37B (-20.3%)
7.50B
est: 9.74B (-23.0%)
9.92B
est: 11.13B (-10.9%)
12.60B
est: 19.94B (-36.8%)
14.47B
est: 23.95B (-39.6%)
25.98B
25.77B – 26.20B
+8.5% YoY
27.20B
26.97B – 27.42B
+4.7% YoY
28.52B
28.07B – 28.98B
+4.9% YoY
Net Income
3.22B
est: 2.78B (+16.1%)
3.51B
est: 2.92B (+20.3%)
5.06B
est: 5.32B (-4.7%)
5.51B
est: 5.51B (+0.1%)
5.15B
est: 4.49B (+14.8%)
6.09B
est: 5.59B (+8.9%)
7.62B
est: 7.21B (+5.7%)
10.44B
est: 9.38B (+11.2%)
11.23B
est: 10.04B (+11.8%)
13.72B
13.58B – 13.87B
+36.6% YoY
15.11B
14.63B – 15.59B
+10.1% YoY
17.10B
16.25B – 17.95B
+13.2% YoY
SGA
16.29B
est: 19.53B (-16.6%)
16.39B
est: 19.97B (-17.9%)
16.90B
est: 20.85B (-19.0%)
17.68B
est: 21.28B (-16.9%)
16.74B
est: 18.65B (-10.3%)
19.38B
est: 21.70B (-10.7%)
21.28B
est: 24.82B (-14.3%)
21.65B
est: 22.47B (-3.7%)
23.47B
est: 24.25B (-3.2%)
26.31B
26.10B – 26.52B
+8.5% YoY
27.54B
27.31B – 27.76B
+4.7% YoY
28.88B
28.42B – 29.34B
+4.9% YoY
EPS
16.34
est: 59.80 (-72.7%)
17.82
est: 62.90 (-71.7%)
25.73
est: 114.50 (-77.5%)
28.17
est: 118.60 (-76.3%)
26.45
est: 96.70 (-72.6%)
32.10
est: 120.50 (-73.4%)
40.27
est: 155.20 (-74.1%)
55.64
est: 202.10 (-72.5%)
60.45
est: 55.35 (+9.2%)
75.63
74.82 – 76.43
+36.6% YoY
83.26
80.63 – 85.90
+10.1% YoY
94.21
89.53 – 98.90
+13.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A+ 4/5 5/5 4/5 5/5 4/5 3/5 3/5
2026-05-11 A+ 4/5 5/5 4/5 5/5 4/5 3/5 3/5
2026-05-08 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-07 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-01 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-30 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-28 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-04-27 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-04-24 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-23 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-22 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-21 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-20 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-17 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-16 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-15 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-14 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-13 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5
2026-04-10 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
14.15B
OE per share TTM
78.00
Owner's Yield
4.40%
Maintenance CapEx ratio
1.21%
Maint CapEx / Avg PPE
30.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
7.11M
Shares Outstanding
179.82M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Akio Chatan Executive Officer & GM of Accounting Department
Daisuke Yasue Senior Executive Officer, GM of ICT & CX Promotion Department, Sales Division
Hideyuki Ishii MD, Senior Executive Officer of Manufacturing Department & Manufacturing Division and Director male
Hisashi Iwamoto Senior Executive Officer
Katsunori Manabe Senior Executive Officer
Koji Kato MD, Senior Executive Officer of Research & Development Division and Director male
Masahito Yamamoto Senior MD & Senior Executive Officer of Sales Division and Director male
Shigeyuki Shitara Executive Officer, Gen. Manager of Manufacturing Dept, Manufacturing Division
Tatsushi Ogawa Chief Executive Officer, President & Chairman male
Yoshihiro Kaku Senior MD, Senior Executive Officer, GM of Corporate Operations Division & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits