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Hikari Tsushin, Inc. (9435.T)

JPY37,940.00 +500.00 (+1.34%)
JP JPX Industrials Conglomerates
Address Hikari West Gate Building 171-0021
Tokyo, JP
CEO Hideaki Wada
IPO 2001-01-04
ISIN JP3783420007

Explore sections of this company profile

Also trades on Other OTC · HKTGF (USD) Tokyo Stock Exchange · 9435.T (JPY)
Description

Hikari Tsushin, Inc. specializes in providing a diverse range of communication hardware, including corporate telephony systems, office automation equipment, network security solutions (UTMs), and servers. Beyond its product offerings, the company also delivers various services such as internet connectivity, digital content, electricity provision, and customized IT solutions for different industries. Additionally, it extends into water delivery services, offers insurance products, and provides agency sales support. Established in 1988, Hikari Tsushin maintains its headquarters in Tokyo, Japan.

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
JPY37,940.00 +500.00 (+1.34%)
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Volume Profile
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Liquidity & share structure
Average Volume
115.5K
Beta
0.27
Float Shares
22.34M
Free Float %
50.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.79% +1.13% -4.26% -9.51% -12.60% -13.54% -4.28% +103.23% +76.04% +360.79% +2,102.29%
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
37,940.00
DCF (Unlevered) 57,205.46 +50.8%
DCF (Levered) 59,168.68 +56.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 40% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.77
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Conglomerates: +6.1%
    +7.0% Q1'26: +2.4% (vs Q1'25)
  • EPS growth Conglomerates: +16.9%
    +28.9% Q1'26: +160.1% (vs Q1'25)
  • FCF margin FCF growth · Conglomerates: +35.9%
    -6.3% Q1'26: +7.9% (vs Q1'25)
  • EBIT margin Conglomerates: +9.0%
    +15.4% Q1'26: +14.3% (vs Q1'25)
  • ROIC Conglomerates: +4.7%
    +5.0% Q1'26: +5.7% (vs Q1'25)
  • Share dilution Conglomerates: +0.0%
    -0.3% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Conglomerates: 1.28×
    8.40× Q1'26: 8.67× (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 (0.27) × ERP
WACC = 63% × Ke + 37% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 56,351.18 Current price: 37,940.00
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 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
5 Rev. Ana.
4 EPS Ana.
Mar 2027
5 Rev. Ana.
5 EPS Ana.
Mar 2028
4 Rev. Ana.
4 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
562.51B
est: 560.62B (+0.3%)
447.68B
est: 570.23B (-21.5%)
428.91B
est: 405.13B (+5.9%)
427.54B
est: 413.62B (+3.4%)
484.39B
est: 458.71B (+5.6%)
524.57B
est: 537.29B (-2.4%)
559.43B
est: 542.30B (+3.2%)
573.03B
est: 575.15B (-0.4%)
643.98B
est: 630.69B (+2.1%)
601.95B
est: 607.96B (-1.0%)
686.55B
est: 670.58B (+2.4%)
758.50B
735.26B – 773.42B
+13.1% YoY
843.65B
802.68B – 882.58B
+11.2% YoY
911.49B
843.86B – 973.06B
+8.0% YoY
854.50B
801.68B – 903.39B
-6.3% YoY
884.50B
829.83B – 935.11B
+3.5% YoY
913.00B
856.56B – 965.24B
+3.2% YoY
EBITDA
34.87B
est: 125.04B (-72.1%)
44.48B
est: 127.19B (-65.0%)
45.45B
est: 90.36B (-49.7%)
53.94B
est: 92.25B (-41.5%)
71.27B
est: 102.31B (-30.3%)
83.38B
est: 119.84B (-30.4%)
82.61B
est: 120.96B (-31.7%)
89.44B
est: 128.28B (-30.3%)
84.94B
est: 140.67B (-39.6%)
109.97B
est: 96.23B (+14.3%)
118.81B
est: 106.14B (+11.9%)
120.05B
116.37B – 122.41B
+13.1% YoY
133.53B
127.05B – 139.69B
+11.2% YoY
144.27B
133.56B – 154.01B
+8.0% YoY
135.25B
126.89B – 142.99B
-6.3% YoY
140.00B
131.34B – 148.01B
+3.5% YoY
144.51B
135.57B – 152.77B
+3.2% YoY
EBIT
30.45B
est: 110.63B (-72.5%)
39.11B
est: 112.53B (-65.2%)
40.10B
est: 79.95B (-49.8%)
46.72B
est: 81.62B (-42.8%)
61.20B
est: 90.52B (-32.4%)
67.29B
est: 106.03B (-36.5%)
66.14B
est: 107.02B (-38.2%)
72.71B
est: 113.50B (-35.9%)
68.69B
est: 124.46B (-44.8%)
95.42B
est: 80.60B (+18.4%)
104.73B
est: 88.90B (+17.8%)
100.55B
97.47B – 102.53B
+13.1% YoY
111.84B
106.41B – 117.00B
+11.2% YoY
120.83B
111.87B – 129.00B
+8.0% YoY
113.28B
106.28B – 119.76B
-6.3% YoY
117.26B
110.01B – 123.97B
+3.5% YoY
121.04B
113.55B – 127.96B
+3.2% YoY
Net Income
20.76B
est: 22.31B (-6.9%)
22.57B
est: 25.58B (-11.7%)
39.03B
est: 34.83B (+12.1%)
42.96B
est: 32.60B (+31.8%)
49.55B
est: 39.84B (+24.4%)
51.67B
est: 48.42B (+6.7%)
54.61B
est: 52.83B (+3.4%)
87.54B
est: 64.41B (+35.9%)
91.35B
est: 81.26B (+12.4%)
122.23B
est: 135.37B (-9.7%)
117.52B
est: 99.77B (+17.8%)
124.05B
117.65B – 144.39B
+24.3% YoY
117.14B
111.19B – 133.86B
-5.6% YoY
127.67B
117.90B – 147.20B
+9.0% YoY
140.60B
131.55B – 153.68B
+10.1% YoY
151.72B
139.53B – 163.01B
+7.9% YoY
159.36B
146.55B – 171.21B
+5.0% YoY
SGA
239.06B
est: 210.26B (+13.7%)
241.13B
est: 213.87B (+12.7%)
230.65B
est: 151.95B (+51.8%)
228.38B
est: 155.13B (+47.2%)
235.17B
est: 172.04B (+36.7%)
246.45B
est: 201.51B (+22.3%)
229.41B
est: 203.39B (+12.8%)
227.24B
est: 215.71B (+5.3%)
228.65B
est: 236.54B (-3.3%)
219.75B
est: 227.89B (-3.6%)
238.57B
est: 251.37B (-5.1%)
284.32B
275.61B – 289.91B
+13.1% YoY
316.24B
300.88B – 330.83B
+11.2% YoY
341.67B
316.32B – 364.75B
+8.0% YoY
320.31B
300.51B – 338.63B
-6.3% YoY
331.55B
311.06B – 350.52B
+3.5% YoY
342.24B
321.08B – 361.82B
+3.2% YoY
EPS
450.26
est: 506.89 (-11.2%)
485.48
est: 581.12 (-16.5%)
840.13
est: 791.21 (+6.2%)
927.34
est: 740.64 (+25.2%)
1,075.66
est: 905.22 (+18.8%)
1,126.10
est: 1,100.06 (+2.4%)
1,190.29
est: 1,200.22 (-0.8%)
1,927.11
est: 1,463.38 (+31.7%)
2,037.68
est: 1,840.01 (+10.7%)
2,753.68
est: 3,058.81 (-10.0%)
2,671.20
est: 2,431.87 (+9.8%)
2,967.63
2,672.96 – 3,280.58
+22.0% YoY
2,859.20
2,526.25 – 3,041.15
-3.7% YoY
3,163.53
2,678.68 – 3,344.26
+10.6% YoY
3,249.90
2,988.75 – 3,491.63
+2.7% YoY
3,447.10
3,170.10 – 3,703.50
+6.1% YoY
3,620.60
3,329.66 – 3,889.90
+5.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-05-12 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-05-11 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-05-08 A- 4/5 4/5 4/5 4/5 1/5 4/5 3/5
2026-05-07 A- 4/5 4/5 4/5 4/5 1/5 4/5 3/5
2026-05-01 A- 4/5 4/5 4/5 4/5 1/5 4/5 3/5
2026-04-30 A- 4/5 4/5 4/5 4/5 1/5 4/5 3/5
2026-04-28 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-04-27 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-04-24 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-04-23 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-22 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-21 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-20 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-17 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-16 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5
2026-04-15 A- 4/5 4/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
52.88B
OE per share TTM
1,204.56
Owner's Yield
3.28%
Maintenance CapEx ratio
6.86%
Maint CapEx / Avg PPE
3.8%

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
27.25M
Shares Outstanding
43.91M

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
Hideaki Wada President, Chief Executive Officer & Representative Director 246M male
Masato Takahashi MD, GM of Finance Division, Head of Investment Division & Director 124M male
Koh Gidoh MD & GM of Administration Headquarters male
Masao Sugita Senior Executive Officer male
Seiya Owada Managing Executive Officer
Akihiro Sueyoshi Executive Officer of Financial Strategy, Public Relations & Investor Relations
Yasumitsu Shigeta Founder & Chairman of the Board male
Hiroyuki Oohashi Managing Executive Officer 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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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits