Osaki Electric Co., Ltd. logo

Osaki Electric Co., Ltd.

6644.T

JPXIndustrialsElectrical Equipment & Parts

Latest quote

¥1,532

+¥10.00 · +0.66%

Aug 24, 3:30 PM JST

6644.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Osaki Electric Co., Ltd. is a prominent international company engaged in the design, manufacturing, sales, and deployment of advanced metering systems, particularly smart meters. Operating across Japan, the wider Asian region, Oceania, and Europe, its business is structured into four main segments: Smart Meters & Solutions for Japan, Smart Meters & Solutions for Overseas markets, Production Equipment, and Real Estate. The company's extensive product portfolio includes smart and gas meters for residential and commercial applications, alongside a variety of low-voltage switchgear systems like distribution boards, sub-boards, floor stand boards, motor control sensors, and power distribution units. Osaki Electric also supplies information and communication products, such as optical couplers and switches, optical distributing frames, and electrical power distribution panels and shelters. Additionally, it delivers a range of software and associated services, including demand control apparatus, head-end systems, meter data management solutions, and data visualization tools. The company also generates revenue through its real estate rental operations. Founded in 1916 in Tokyo, Japan, the company was originally named Kogyo Seisakujo, changing to Osaki Electric Co., Ltd. in April 1941.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
JP
CEO
Yoshihide Watanabe
Listed since
Jan 1, 2001
Employees
2,504

Market position

Day range

Current ¥1,532

52-week range

Current ¥1,532

Open
¥1,526
Previous close
¥1,522
Volume
191.3K
0.63× average
Average volume
303.61K
Average daily volume
Market cap
67.11B JPY
Beta
0.55
Market reference 1
50-day average
¥1,499.74
+2.15% above average
200-day average
¥1,521.35
+0.70% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
60.62B JPY
P/E (TTM)
10.34×
P/B (TTM)
1.19×
P/S (TTM)
0.66×
EV / EBITDA
6.35×
Earnings yield
7.74%
Free cash flow yield
5.49%
Dividend yield
3.20%

Profitability & efficiency

Gross margin
24.93%
Operating margin
7.20%
Net margin
6.49%
Return on equity
10.09%
Return on assets
5.79%
Return on invested capital
5.30%

Financial health

Debt / equity
0.06×
Current ratio
2.49×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%17%7%-3%Gross margin, FY2021: 21.50%Gross margin, FY2022: 20.13%Gross margin, FY2023: 23.76%Gross margin, FY2024: 24.14%Gross margin, FY2025: 24.00%Operating margin, FY2021: 1.68%Operating margin, FY2022: 2.49%Operating margin, FY2023: 6.17%Operating margin, FY2024: 5.87%Operating margin, FY2025: 6.47%Net margin, FY2021: -0.86%Net margin, FY2022: 1.48%Net margin, FY2023: 2.53%Net margin, FY2024: 3.61%Net margin, FY2025: 5.73%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.50%. Gross margin FY2022 20.13%. Gross margin FY2023 23.76%. Gross margin FY2024 24.14%. Gross margin FY2025 24.00%. Operating margin FY2021 1.68%. Operating margin FY2022 2.49%. Operating margin FY2023 6.17%. Operating margin FY2024 5.87%. Operating margin FY2025 6.47%. Net margin FY2021 -0.86%. Net margin FY2022 1.48%. Net margin FY2023 2.53%. Net margin FY2024 3.61%. Net margin FY2025 5.73%.

Income trends

Revenue

100.9B JPY+3.91%

Operating income

6.53B JPY+14.49%

Net income

5.78B JPY+64.90%
Income trends across reported periods111.06B JPY70.43B JPY29.81B JPY−10.81B JPYRevenue, FY2021: 76.18B JPYRevenue, FY2022: 89.25B JPYRevenue, FY2023: 95.15B JPYRevenue, FY2024: 97.1B JPYRevenue, FY2025: 100.9B JPYOperating income, FY2021: 1.28B JPYOperating income, FY2022: 2.23B JPYOperating income, FY2023: 5.88B JPYOperating income, FY2024: 5.7B JPYOperating income, FY2025: 6.53B JPYNet income, FY2021: −658M JPYNet income, FY2022: 1.32B JPYNet income, FY2023: 2.41B JPYNet income, FY2024: 3.5B JPYNet income, FY2025: 5.78B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 76.18B JPY. Revenue FY2022 89.25B JPY. Revenue FY2023 95.15B JPY. Revenue FY2024 97.1B JPY. Revenue FY2025 100.9B JPY. Operating income FY2021 1.28B JPY. Operating income FY2022 2.23B JPY. Operating income FY2023 5.88B JPY. Operating income FY2024 5.7B JPY. Operating income FY2025 6.53B JPY. Net income FY2021 −658M JPY. Net income FY2022 1.32B JPY. Net income FY2023 2.41B JPY. Net income FY2024 3.5B JPY. Net income FY2025 5.78B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue100.9B JPY97.1B JPY95.15B JPY89.25B JPY76.18B JPY
Cost of goods sold76.68B JPY73.66B JPY72.54B JPY71.29B JPY59.81B JPY
Gross profit24.22B JPY23.44B JPY22.61B JPY17.97B JPY16.38B JPY
Research and development3.58B JPY3.53B JPY3.23B JPY3.04B JPY
Selling, general, and administrative17.69B JPY17.74B JPY13.2B JPY12.5B JPY12.05B JPY
Operating expenses17.69B JPY17.74B JPY16.73B JPY15.74B JPY15.1B JPY
Interest income58M JPY65M JPY36M JPY21M JPY21M JPY
Interest expense319M JPY350M JPY172M JPY147M JPY288M JPY
Depreciation and amortization3.02B JPY2.22B JPY2.3B JPY2.59B JPY2.74B JPY
Operating income6.53B JPY5.7B JPY5.88B JPY2.23B JPY1.28B JPY
Net income5.78B JPY3.5B JPY2.41B JPY1.32B JPY−658M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
26.78

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates133.1782.3131.46-19.4Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 5, 2024: actual 4.83, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 6, 2025: actual 37.67, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 25.61, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 5, 2025: actual 7.79, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 4, 2025: actual 7.66, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 3, 2026: actual -8.88, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 122.65, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual 26.78, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates29.97B26.76B23.55B20.35BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 25.79B JPY, estimate 25B JPY, surprise +3.15%, Beat. Q2 2025, reported May 12, 2025: actual 26.86B JPY, estimate 26.76B JPY, surprise +0.38%, Beat. Q3 2025, reported Aug 5, 2025: actual 21.97B JPY, estimate 21.5B JPY, surprise +2.17%, Beat. Q4 2025, reported Nov 4, 2025: actual 23.46B JPY, estimate 23.67B JPY, surprise -0.86%, Miss. Q1 2026, reported Feb 3, 2026: actual 26.66B JPY, estimate 26B JPY, surprise +2.53%, Beat. Q2 2026, reported May 12, 2026: actual 28.81B JPY, estimate 27.01B JPY, surprise +6.66%, Beat. Q3 2026, reported Aug 4, 2026: actual 22.92B JPY, estimate 22.25B JPY, surprise +3.02%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 23.54B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥29.00

2025 complete year+45.0% since 2021

2026 partial: ¥32.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥29.00

Special

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥20.00

Irregular

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥32.00

Special

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥17.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 5, 2025

Dividend

Ex-dividend Mar 28, 2025

¥12.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥10.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 5, 2024

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