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Howa Machinery, Ltd. logo

Howa Machinery, Ltd.

6203.T

JPXIndustrialsIndustrial - Machinery

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Latest quote

¥1,471

+¥25.00 · +1.73%

Aug 24, 11:27 AM JST

6203.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Howa Machinery, Ltd., based in Kiyosu, Japan, offers a diverse array of industrial products. Its offerings include sophisticated machine tools, such as precision machining centers, comprehensive transfer lines, and dedicated machine tool units for these lines. The company also provides an extensive range of pneumatic and hydraulic equipment, featuring power chucks, rotating cylinders, various rodless slit and magnetic type cylinders, hydraulic and pneumatic clamp cylinders, hydraulic jig cylinders, rotary actuators, and general hydraulic cylinders. Within its electronic machinery division, Howa develops exposure systems vital for printed circuit board manufacturing, specialized equipment for ceramic green sheets, and advanced testing systems for mounted circuit boards. Furthermore, the company manufactures street and industrial sweepers, scrubbers, and sporting rifles, alongside metal joinery fittings. Established in 1907, the enterprise was formerly known as Howa Heavy Industries, Ltd. before adopting its current name, Howa Machinery, Ltd., in 1945.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Takahiro Tsukamoto
Listed since
Jan 1, 2001
Employees
706

Market position

Day range

Current ¥1,471

52-week range

Current ¥1,471

Open
¥1,467
Previous close
¥1,446
Volume
131.6K
0.22× average
Average volume
602.28K
Average daily volume
Market cap
17.76B JPY
Beta
0.46
Market reference 1
50-day average
¥1,523.64
-3.45% below average
200-day average
¥1,467.03
+0.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
17.59B JPY
P/E (TTM)
22.88×
P/B (TTM)
0.79×
P/S (TTM)
0.75×
EV / EBITDA
9.88×
Earnings yield
4.35%
Free cash flow yield
26.59%
Dividend yield
1.36%

Profitability & efficiency

Gross margin
18.14%
Operating margin
5.03%
Net margin
3.30%
Return on equity
3.52%
Return on assets
2.07%
Return on invested capital
2.12%

Financial health

Debt / equity
0.29×
Current ratio
2.84×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%13%3%-7%Gross margin, FY2021: 20.09%Gross margin, FY2022: 18.38%Gross margin, FY2023: 17.63%Gross margin, FY2024: 16.93%Gross margin, FY2025: 17.57%Operating margin, FY2021: 5.02%Operating margin, FY2022: 2.29%Operating margin, FY2023: 1.96%Operating margin, FY2024: 5.05%Operating margin, FY2025: 4.94%Net margin, FY2021: 5.39%Net margin, FY2022: 2.65%Net margin, FY2023: -4.41%Net margin, FY2024: 3.02%Net margin, FY2025: 3.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.09%. Gross margin FY2022 18.38%. Gross margin FY2023 17.63%. Gross margin FY2024 16.93%. Gross margin FY2025 17.57%. Operating margin FY2021 5.02%. Operating margin FY2022 2.29%. Operating margin FY2023 1.96%. Operating margin FY2024 5.05%. Operating margin FY2025 4.94%. Net margin FY2021 5.39%. Net margin FY2022 2.65%. Net margin FY2023 -4.41%. Net margin FY2024 3.02%. Net margin FY2025 3.08%.

Income trends

Revenue

24.06B JPY-3.07%

Operating income

1.19B JPY-5.26%

Net income

741M JPY-1.07%
Income trends across reported periods27.4B JPY17.12B JPY6.84B JPY−3.44B JPYRevenue, FY2021: 19.7B JPYRevenue, FY2022: 19.74B JPYRevenue, FY2023: 19.79B JPYRevenue, FY2024: 24.83B JPYRevenue, FY2025: 24.06B JPYOperating income, FY2021: 988M JPYOperating income, FY2022: 452M JPYOperating income, FY2023: 388M JPYOperating income, FY2024: 1.25B JPYOperating income, FY2025: 1.19B JPYNet income, FY2021: 1.06B JPYNet income, FY2022: 524M JPYNet income, FY2023: −873M JPYNet income, FY2024: 749M JPYNet income, FY2025: 741M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 19.7B JPY. Revenue FY2022 19.74B JPY. Revenue FY2023 19.79B JPY. Revenue FY2024 24.83B JPY. Revenue FY2025 24.06B JPY. Operating income FY2021 988M JPY. Operating income FY2022 452M JPY. Operating income FY2023 388M JPY. Operating income FY2024 1.25B JPY. Operating income FY2025 1.19B JPY. Net income FY2021 1.06B JPY. Net income FY2022 524M JPY. Net income FY2023 −873M JPY. Net income FY2024 749M JPY. Net income FY2025 741M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue24.06B JPY24.83B JPY19.79B JPY19.74B JPY19.7B JPY
Cost of goods sold19.84B JPY20.62B JPY16.3B JPY16.11B JPY15.74B JPY
Gross profit4.23B JPY4.2B JPY3.49B JPY3.63B JPY3.96B JPY
Research and development——252M JPY230M JPY180M JPY
Selling, general, and administrative3.04B JPY2.95B JPY3.1B JPY3.17B JPY2.97B JPY
Operating expenses3.04B JPY2.95B JPY3.1B JPY3.17B JPY2.97B JPY
Interest income10M JPY4M JPY2M JPY2M JPY1M JPY
Interest expense55M JPY37M JPY17M JPY11M JPY12M JPY
Depreciation and amortization593M JPY481M JPY596M JPY506M JPY431M JPY
Operating income1.19B JPY1.25B JPY388M JPY452M JPY988M JPY
Net income741M JPY749M JPY−873M JPY524M JPY1.06B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
31.59

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates41.2919.37-2.56-24.48Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 28.73, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 25.11, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual -8.36, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 28.76, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 6, 2025: actual -19.94, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 36.75, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 15.84, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 31.59, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.59B7.12B5.64B4.17BQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 5.85B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 8.26B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 5.19B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 6, 2025: actual 6.58B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 5.04B JPY, estimate 5.5B JPY, surprise -8.42%, Miss. Q2 2026, reported May 15, 2026: actual 7.26B JPY, estimate 6.69B JPY, surprise +8.43%, Beat. Q3 2026, reported Aug 6, 2026: actual 4.67B JPY, estimate 4.5B JPY, surprise +3.84%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 6.53B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥20.00

2025 complete year0.0% since 2021

2026 partial: ¥20.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥20.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥20.00

Annual

Record Mar 31, 2026 · Payment Jun 26, 2026

Dividend

Ex-dividend Mar 28, 2025

¥20.00

Annual

Record Mar 31, 2025 · Payment Jun 27, 2025

Dividend

Ex-dividend Mar 28, 2024

¥20.00

Annual

Record Mar 31, 2024 · Payment Jun 27, 2024

Dividend

Ex-dividend Mar 30, 2023

¥20.00

Annual

Record Mar 31, 2023 · Payment Jun 29, 2023

Dividend

Ex-dividend Mar 30, 2022

¥20.00

Annual

Record Mar 31, 2022 · Payment Jun 29, 2022

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ETFs holding 6203.T

Funds reporting this stock among their holdings, ordered by reported position size.

Avantis International Small Cap Value ETF logoAvantis International Small Cap Value ETFAVDV
Market value
1.76M
Weight
0.01%
AUM
20.24B USD
Expense ratio
0.36%
Price / 1D
$111.95+1.06%
Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
1.31M
Weight
0.03%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
980.55K
Weight
0.02%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
242.11K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
103.18K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
98.71K
Weight
0.00%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.35+0.81%
Avantis International Small Cap Equity ETF logoAvantis International Small Cap Equity ETFAVDS
Market value
13.78K
Weight
—
AUM
340.61M USD
Expense ratio
0.30%
Price / 1D
$80.49+0.93%

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