HORIBA, Ltd. logo

HORIBA, Ltd.

6856.T

JPXIndustrialsIndustrial - Machinery

Latest quote

¥23,125

−¥170 · -0.73%

Aug 24, 1:25 PM JST

6856.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

HORIBA, Ltd. is a company that designs, produces, and supplies a diverse array of instruments and systems for various sectors. Its operations are structured across five key segments: Automotive, Process & Environmental, Medical-Diagnostic, Semiconductor, and Scientific. Within the Automotive segment, HORIBA provides sophisticated equipment such as automotive emission analyzers, complete emission measurement solutions, drive line test systems, and engine, fuel cell, and battery testing apparatus. This division also develops test systems for components like engines, chassis, powertrains, brakes, and catalysts, in addition to offering vehicle development and testing engineering services, and managing R&D facilities. The Process & Environmental segment specializes in equipment including stack gas analyzers, industrial water quality analysis and examination systems, air pollution analyzers, environmental radiation meters, and other process measurement tools. For the Medical-Diagnostic field, the company offers a range of analyzers covering hematology, CRP, immunology, clinical chemistry, and blood glucose. The Semiconductor Instruments & Systems division focuses on products vital for chip manufacturing, such as mass flow controllers, chemical concentration monitors, reticle/mask particle detection systems, residual gas analyzers, and vaporizers. Finally, the Scientific segment delivers advanced scientific instrumentation, including Raman spectrometers, pH meters, particle-size distribution analyzers, X-Ray fluorescence analyzers, elemental analyzers, fluorescence spectroscopy/fluorescence lifetime spectroscopy tools, optical components, various spectrometers and detectors, and gratings. Established in 1945, HORIBA, Ltd. is headquartered in Kyoto, Japan.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Atsushi Horiba
Listed since
Jan 1, 2001
Employees
9,101

Market position

Day range

Current ¥23,125

52-week range

Current ¥23,125

Open
¥23,270
Previous close
¥23,295
Volume
86.4K
0.4× average
Average volume
213.93K
Average daily volume
Market cap
971.16B JPY
Beta
1.11
Market reference 1
50-day average
¥26,488.6
-12.70% below average
200-day average
¥20,972.2
+10.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
574.16B JPY
P/E (TTM)
22.57×
P/B (TTM)
2.66×
P/S (TTM)
2.67×
EV / EBITDA
8.73×
Earnings yield
5.54%
Free cash flow yield
4.34%
Dividend yield
2.25%

Profitability & efficiency

Gross margin
44.07%
Operating margin
16.92%
Net margin
11.82%
Return on equity
10.64%
Return on assets
7.16%
Return on invested capital
9.01%

Financial health

Debt / equity
0.17×
Current ratio
2.99×
Altman Z-score
5.57
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%34%20%6%Gross margin, FY2021: 41.56%Gross margin, FY2022: 43.19%Gross margin, FY2023: 43.84%Gross margin, FY2024: 43.12%Gross margin, FY2025: 43.93%Operating margin, FY2021: 14.29%Operating margin, FY2022: 16.97%Operating margin, FY2023: 16.28%Operating margin, FY2024: 15.23%Operating margin, FY2025: 15.91%Net margin, FY2021: 9.50%Net margin, FY2022: 12.61%Net margin, FY2023: 13.87%Net margin, FY2024: 10.58%Net margin, FY2025: 11.14%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 41.56%. Gross margin FY2022 43.19%. Gross margin FY2023 43.84%. Gross margin FY2024 43.12%. Gross margin FY2025 43.93%. Operating margin FY2021 14.29%. Operating margin FY2022 16.97%. Operating margin FY2023 16.28%. Operating margin FY2024 15.23%. Operating margin FY2025 15.91%. Net margin FY2021 9.50%. Net margin FY2022 12.61%. Net margin FY2023 13.87%. Net margin FY2024 10.58%. Net margin FY2025 11.14%.

Income trends

Revenue

333.08B JPY+4.95%

Operating income

52.99B JPY+9.62%

Net income

37.09B JPY+10.42%
Income trends across reported periods364.26B JPY239.55B JPY114.84B JPY−9.86B JPYRevenue, FY2021: 224.31B JPYRevenue, FY2022: 270.13B JPYRevenue, FY2023: 290.56B JPYRevenue, FY2024: 317.37B JPYRevenue, FY2025: 333.08B JPYOperating income, FY2021: 32.05B JPYOperating income, FY2022: 45.84B JPYOperating income, FY2023: 47.3B JPYOperating income, FY2024: 48.34B JPYOperating income, FY2025: 52.99B JPYNet income, FY2021: 21.31B JPYNet income, FY2022: 34.07B JPYNet income, FY2023: 40.3B JPYNet income, FY2024: 33.59B JPYNet income, FY2025: 37.09B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 224.31B JPY. Revenue FY2022 270.13B JPY. Revenue FY2023 290.56B JPY. Revenue FY2024 317.37B JPY. Revenue FY2025 333.08B JPY. Operating income FY2021 32.05B JPY. Operating income FY2022 45.84B JPY. Operating income FY2023 47.3B JPY. Operating income FY2024 48.34B JPY. Operating income FY2025 52.99B JPY. Net income FY2021 21.31B JPY. Net income FY2022 34.07B JPY. Net income FY2023 40.3B JPY. Net income FY2024 33.59B JPY. Net income FY2025 37.09B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue333.08B JPY317.37B JPY290.56B JPY270.13B JPY224.31B JPY
Cost of goods sold186.77B JPY180.51B JPY163.17B JPY153.46B JPY131.09B JPY
Gross profit146.31B JPY136.86B JPY127.38B JPY116.67B JPY93.22B JPY
Research and development22.98B JPY20.44B JPY18.59B JPY16.71B JPY
Selling, general, and administrative93.32B JPY65.53B JPY59.65B JPY52.25B JPY44.47B JPY
Operating expenses93.32B JPY88.51B JPY80.09B JPY70.83B JPY61.18B JPY
Interest income2.22B JPY2.43B JPY1.89B JPY585M JPY182M JPY
Interest expense852M JPY924M JPY722M JPY657M JPY516M JPY
Depreciation and amortization13.81B JPY13.06B JPY12.6B JPY11.35B JPY10.44B JPY
Operating income52.99B JPY48.34B JPY47.3B JPY45.84B JPY32.05B JPY
Net income37.09B JPY33.59B JPY40.3B JPY34.07B JPY21.31B JPY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

¥450

2025 complete year+200.0% since 2021

2026 partial: ¥150

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥640

Special

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥150

Annual

Record Jun 30, 2026 · Payment Aug 31, 2026

Dividend

Ex-dividend Dec 29, 2025

¥370

Special

Record Dec 31, 2025 · Payment Mar 2, 2026

Dividend

Ex-dividend Jun 27, 2025

¥80.00

Annual

Record Jun 30, 2025 · Payment Sep 1, 2025

Dividend

Ex-dividend Dec 27, 2024

¥190

Special

Record Dec 31, 2024 · Payment Mar 10, 2025

Dividend

Ex-dividend Jun 27, 2024

¥80.00

Semi-Annual

Record Jun 30, 2024 · Payment Sep 2, 2024

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