Seiwa Electric Mfg. Co., Ltd. logo

Seiwa Electric Mfg. Co., Ltd.

6748.T

JPXIndustrialsElectrical Equipment & Parts

Latest quote

¥783

−¥3.00 · -0.38%

Aug 24, 2:36 PM JST

6748.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in 1945 and headquartered in Joyo, Japan, Seiwa Electric Mfg. Co., Ltd. is a manufacturer specializing in a wide array of electrical and electronic solutions for the Japanese market. Its product portfolio encompasses cutting-edge information display systems, specialized industrial and infrastructure lighting equipment, electromagnetic compatibility (EMC) products, LED modules, and various cable protection devices. The company delivers advanced visual communication systems, including displays for real-time information on roadways, parking areas, and waterway conditions, alongside emergency alert systems for tunnels. It also produces industrial plant monitoring boards, comprehensive traffic control systems, and high-quality LED information screens. In the field of illumination, Seiwa manufactures robust explosion-proof lighting fixtures for hazardous environments like chemical plants and oil refineries, as well as durable air- and watertight units for diverse industrial settings. Their expertise extends to essential lighting infrastructure for tunnels, highways, and expressways, in addition to municipal street lighting and decorative landscape illumination. Furthermore, Seiwa Electric has developed innovative cable management solutions, such as the PVC-free e-Duct for wire protection. Their extensive range of EMC products includes various conductive fingers and gaskets, ferrite cores, conductive cloth tapes, shield tubes, and grounding straps and clamps. The company also offers electromagnetic wave control sheets, conductive silicone rubbers, metallic foil tapes and sheets, vibration dampening solutions, thermal conductive sheets, specialized radiation and heat-shielding paints, and magnetic field probes.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
JP
CEO
Masahiko Haruyama
Listed since
Apr 5, 2000
Employees
637

Market position

Day range

Current ¥783

52-week range

Current ¥783

Open
¥783
Previous close
¥786
Volume
21.3K
0.92× average
Average volume
23.1K
Average daily volume
Market cap
10.09B JPY
Beta
0.81
Market reference 1
50-day average
¥728.88
+7.43% above average
200-day average
¥777.38
+0.72% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.75B JPY
P/E (TTM)
9.18×
P/B (TTM)
0.49×
P/S (TTM)
0.4×
EV / EBITDA
4.9×
Earnings yield
11.60%
Free cash flow yield
16.76%
Dividend yield
2.55%

Profitability & efficiency

Gross margin
23.41%
Operating margin
5.73%
Net margin
4.39%
Return on equity
6.46%
Return on assets
4.08%
Return on invested capital
4.78%

Financial health

Debt / equity
0.14×
Current ratio
2.33×
Altman Z-score
2.41
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%18%10%1%Gross margin, FY2021: 20.08%Gross margin, FY2022: 23.78%Gross margin, FY2023: 21.42%Gross margin, FY2024: 23.92%Gross margin, FY2025: 23.94%Operating margin, FY2021: 5.64%Operating margin, FY2022: 6.59%Operating margin, FY2023: 4.38%Operating margin, FY2024: 7.03%Operating margin, FY2025: 6.49%Net margin, FY2021: 3.47%Net margin, FY2022: 4.70%Net margin, FY2023: 3.34%Net margin, FY2024: 5.36%Net margin, FY2025: 4.85%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.08%. Gross margin FY2022 23.78%. Gross margin FY2023 21.42%. Gross margin FY2024 23.92%. Gross margin FY2025 23.94%. Operating margin FY2021 5.64%. Operating margin FY2022 6.59%. Operating margin FY2023 4.38%. Operating margin FY2024 7.03%. Operating margin FY2025 6.49%. Net margin FY2021 3.47%. Net margin FY2022 4.70%. Net margin FY2023 3.34%. Net margin FY2024 5.36%. Net margin FY2025 4.85%.

Income trends

Revenue

25.39B JPY+0.68%

Operating income

1.65B JPY-6.97%

Net income

1.23B JPY-8.77%
Income trends across reported periods28.77B JPY18.6B JPY8.42B JPY−1.75B JPYRevenue, FY2021: 26.23B JPYRevenue, FY2022: 23.43B JPYRevenue, FY2023: 23.76B JPYRevenue, FY2024: 25.22B JPYRevenue, FY2025: 25.39B JPYOperating income, FY2021: 1.48B JPYOperating income, FY2022: 1.54B JPYOperating income, FY2023: 1.04B JPYOperating income, FY2024: 1.77B JPYOperating income, FY2025: 1.65B JPYNet income, FY2021: 909.14M JPYNet income, FY2022: 1.1B JPYNet income, FY2023: 793.73M JPYNet income, FY2024: 1.35B JPYNet income, FY2025: 1.23B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 26.23B JPY. Revenue FY2022 23.43B JPY. Revenue FY2023 23.76B JPY. Revenue FY2024 25.22B JPY. Revenue FY2025 25.39B JPY. Operating income FY2021 1.48B JPY. Operating income FY2022 1.54B JPY. Operating income FY2023 1.04B JPY. Operating income FY2024 1.77B JPY. Operating income FY2025 1.65B JPY. Net income FY2021 909.14M JPY. Net income FY2022 1.1B JPY. Net income FY2023 793.73M JPY. Net income FY2024 1.35B JPY. Net income FY2025 1.23B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue25.39B JPY25.22B JPY23.76B JPY23.43B JPY26.23B JPY
Cost of goods sold19.31B JPY19.18B JPY18.67B JPY17.86B JPY20.96B JPY
Gross profit6.08B JPY6.03B JPY5.09B JPY5.57B JPY5.27B JPY
Research and development551.61M JPY585.84M JPY560.19M JPY610.54M JPY456.91M JPY
Selling, general, and administrative4.43B JPY3.67B JPY3.49B JPY3.42B JPY3.33B JPY
Operating expenses4.43B JPY4.26B JPY4.05B JPY4.03B JPY3.79B JPY
Interest income7.65M JPY13.89M JPY15.62M JPY21.98M JPY20.96M JPY
Interest expense59.16M JPY61.91M JPY39.16M JPY80.3M JPY52.83M JPY
Depreciation and amortization544.07M JPY555.84M JPY587.96M JPY582.12M JPY633.23M JPY
Operating income1.65B JPY1.77B JPY1.04B JPY1.54B JPY1.48B JPY
Net income1.23B JPY1.35B JPY793.73M JPY1.1B JPY909.14M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
13.93

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates56.5239.8223.136.43Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 21.87, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 52.89, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 36.6, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 7.57, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 19.95, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 30.93, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 20.51, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 12, 2026: actual 13.93, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates8.28B7.33B6.37B5.42BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 6.25B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 7.96B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 6.24B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 5.74B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 6.17B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 7.24B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 5.78B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 12, 2026: actual 5.9B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥20.00

2025 complete year+33.3% since 2021

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥20.00

Irregular

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Dec 29, 2025

¥20.00

Special

Record Dec 31, 2025 · Payment Mar 13, 2026

Dividend

Ex-dividend Dec 27, 2024

¥18.00

Annual

Record Dec 31, 2024 · Payment Mar 14, 2025

Dividend

Ex-dividend Dec 28, 2023

¥18.00

Annual

Record Dec 31, 2023 · Payment Mar 14, 2024

Dividend

Ex-dividend Dec 29, 2022

¥15.00

Annual

Record Dec 31, 2022 · Payment Mar 14, 2023

Dividend

Ex-dividend Dec 29, 2021

¥15.00

Annual

Record Dec 31, 2021 · Payment Mar 14, 2022

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