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Harada Industry Co., Ltd. logo

Harada Industry Co., Ltd.

6904.T

JPXTechnologyCommunication Equipment

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Latest quote

¥561

−¥11.00 · -1.92%

Aug 24, 3:30 PM JST

6904.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Harada Industry Co., Ltd. operates globally, specializing in the complete lifecycle of automotive communication systems. Their expertise spans the planning, design, development, manufacturing, and distribution of a wide range of vehicle antennas, supporting functions such as radio reception, GPS navigation, mobile telephony, DSRC, ETC, and television. Their antenna portfolio includes diverse configurations like fin, rod, screen, film, and integrated types. Furthermore, the company provides essential related components, such as copper clad aluminum, coaxial, and shielded twisted pair cables, alongside connectors and integrated in-car cabling solutions. Signal amplifiers and noise filters are also part of their offerings. Founded in 1947, the enterprise was initially known as Harada Electric Manufacturing Co., Ltd. before officially changing its name to Harada Industry Co., Ltd. in March 1958. Its corporate headquarters are located in Tokyo, Japan.

Industry
Communication Equipment
Sector
Technology
Headquarters
JP
CEO
Yasuharu Miyake
Listed since
Jan 4, 2000
Employees
4,000

Market position

Day range

Current ¥561

52-week range

Current ¥561

Open
¥575
Previous close
¥572
Volume
31.7K
2.55× average
Average volume
12.44K
Average daily volume
Market cap
11.87B JPY
Beta
0.25
Market reference 1
50-day average
¥460.88
+21.72% above average
200-day average
¥467.65
+19.96% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
17.68B JPY
P/E (TTM)
11.69×
P/B (TTM)
0.78×
P/S (TTM)
0.27×
EV / EBITDA
5.39×
Earnings yield
4.46%
Free cash flow yield
37.17%
Dividend yield
1.34%

Profitability & efficiency

Gross margin
23.94%
Operating margin
7.19%
Net margin
2.34%
Return on equity
3.16%
Return on assets
1.21%
Return on invested capital
2.01%

Financial health

Debt / equity
0.92×
Current ratio
1.29×
Altman Z-score
2.38
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 trends25%15%4%-6%Gross margin, FY2021: 16.23%Gross margin, FY2022: 16.78%Gross margin, FY2023: 18.43%Gross margin, FY2024: 20.60%Gross margin, FY2025: 22.60%Operating margin, FY2021: -3.25%Operating margin, FY2022: -1.71%Operating margin, FY2023: 2.18%Operating margin, FY2024: 3.86%Operating margin, FY2025: 5.68%Net margin, FY2021: -3.09%Net margin, FY2022: -3.64%Net margin, FY2023: 1.88%Net margin, FY2024: 0.37%Net margin, FY2025: 1.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.23%. Gross margin FY2022 16.78%. Gross margin FY2023 18.43%. Gross margin FY2024 20.60%. Gross margin FY2025 22.60%. Operating margin FY2021 -3.25%. Operating margin FY2022 -1.71%. Operating margin FY2023 2.18%. Operating margin FY2024 3.86%. Operating margin FY2025 5.68%. Net margin FY2021 -3.09%. Net margin FY2022 -3.64%. Net margin FY2023 1.88%. Net margin FY2024 0.37%. Net margin FY2025 1.03%.

Income trends

Revenue

42.19B JPY-5.86%

Operating income

2.4B JPY+38.66%

Net income

433.73M JPY+160.93%
Income trends across reported periods51.85B JPY32.44B JPY13.03B JPY−6.38B JPYRevenue, FY2021: 35.81B JPYRevenue, FY2022: 42.11B JPYRevenue, FY2023: 46.99B JPYRevenue, FY2024: 44.82B JPYRevenue, FY2025: 42.19B JPYOperating income, FY2021: −1.16B JPYOperating income, FY2022: −721.97M JPYOperating income, FY2023: 1.03B JPYOperating income, FY2024: 1.73B JPYOperating income, FY2025: 2.4B JPYNet income, FY2021: −1.11B JPYNet income, FY2022: −1.53B JPYNet income, FY2023: 885.67M JPYNet income, FY2024: 166.23M JPYNet income, FY2025: 433.73M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 35.81B JPY. Revenue FY2022 42.11B JPY. Revenue FY2023 46.99B JPY. Revenue FY2024 44.82B JPY. Revenue FY2025 42.19B JPY. Operating income FY2021 −1.16B JPY. Operating income FY2022 −721.97M JPY. Operating income FY2023 1.03B JPY. Operating income FY2024 1.73B JPY. Operating income FY2025 2.4B JPY. Net income FY2021 −1.11B JPY. Net income FY2022 −1.53B JPY. Net income FY2023 885.67M JPY. Net income FY2024 166.23M JPY. Net income FY2025 433.73M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue42.19B JPY44.82B JPY46.99B JPY42.11B JPY35.81B JPY
Cost of goods sold32.66B JPY35.58B JPY38.33B JPY35.04B JPY30B JPY
Gross profit9.54B JPY9.23B JPY8.66B JPY7.06B JPY5.81B JPY
Research and development—925.69M JPY968M JPY1.04B JPY976M JPY
Selling, general, and administrative7.14B JPY7.5B JPY6.67B JPY6.74B JPY6B JPY
Operating expenses7.14B JPY7.5B JPY7.63B JPY7.79B JPY6.98B JPY
Interest income28.08M JPY50.52M JPY64.84M JPY16.47M JPY3.85M JPY
Interest expense300.21M JPY410.36M JPY610.3M JPY331.8M JPY152.49M JPY
Depreciation and amortization1.24B JPY1.35B JPY1.39B JPY1.35B JPY1.12B JPY
Operating income2.4B JPY1.73B JPY1.03B JPY−721.97M JPY−1.16B JPY
Net income433.73M JPY166.23M JPY885.67M JPY−1.53B JPY−1.11B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
59.22

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates69.8818.38-33.13-84.63Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 13.01, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 10, 2025: actual 16.04, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual -36.81, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 31.75, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 29.74, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 32.99, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual -73.97, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 59.22, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates12.48B11.53B10.59B9.64BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 12B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 10, 2025: actual 10.66B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 10.98B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 10.12B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 10.21B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 10.69B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 11.17B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 11.39B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥7.50

2025 complete year+50.0% since 2021

2026 partial: ¥7.50

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥10.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥7.50

Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Mar 28, 2025

¥7.50

Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Mar 28, 2024

¥15.00

Special

Record Mar 31, 2024 · Payment Jun 28, 2024

Dividend

Ex-dividend Mar 30, 2023

¥5.00

Annual

Record Mar 31, 2023 · Payment Jun 30, 2023

Dividend

Ex-dividend Mar 30, 2022

¥5.00

Annual

Record Mar 31, 2022 · Payment Jun 30, 2022

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