Ushio Inc. logo

Ushio Inc.

6925.T

JPXIndustrialsIndustrial - Machinery

Latest quote

¥3,850

+¥26.00 · +0.68%

Aug 24, 1:25 PM JST

6925.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Ushio Inc., founded in 1949 and headquartered in Tokyo, Japan, operates as a global manufacturer and supplier, distributing its diverse product portfolio across Japan, the wider Asian continent, Europe, North America, and other international territories. The company's core business revolves around advanced light applications and industrial equipment. Its extensive range of illumination products includes foundational components such as laser diodes, LED chips, ultraviolet (UV) and xenon lamps, and various laser devices. Ushio also provides specialized lighting for general purposes, architectural and landscape design, marine environments, and horticulture. Their offerings further extend to lamps for data projectors and LED options for general illumination, as well as distinct light source units, excimer lamps, exposure systems, laser modules, and safety-related lighting like fishing lamps, warning lights, and security illumination. Notably, they produce UV-LED technology for printing applications, including the UniJet series. In the industrial sector, Ushio supplies sophisticated equipment like lithography tools, aligners, cleaning and modification systems, UV curing solutions, measurement instruments, photoheating apparatus, laboratory instruments, and environmental and sanitation equipment, alongside advanced imaging and illumination systems. Complementing these core areas, the company also delivers a variety of other products and services, including power supply repair, power units, plastic injection-molding machinery, mold protection devices, components like joints and tubing, plastic materials, factory automation products, sound systems, and cinema servers.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Takabumi Asahi
Listed since
Jan 1, 2001
Employees
5,898

Market position

Day range

Current ¥3,850

52-week range

Current ¥3,850

Open
¥3,894
Previous close
¥3,824
Volume
207.5K
0.42× average
Average volume
498.59K
Average daily volume
Market cap
305.49B JPY
Beta
0.77
Market reference 1
50-day average
¥4,215.4
-8.67% below average
200-day average
¥3,298.04
+16.74% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
22.77×
P/B (TTM)
1.37×
P/S (TTM)
1.61×
Dividend yield
1.82%

Profitability & efficiency

Gross margin
37.61%
Operating margin
8.39%
Net margin
7.30%

Financial health

Debt / equity
0.33×
Altman Z-score
2.67
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends40%27%14%1%Gross margin, FY2022: 36.30%Gross margin, FY2023: 36.12%Gross margin, FY2024: 36.18%Gross margin, FY2025: 35.03%Gross margin, FY2026: 36.56%Operating margin, FY2022: 8.78%Operating margin, FY2023: 9.06%Operating margin, FY2024: 7.23%Operating margin, FY2025: 4.97%Operating margin, FY2026: 6.67%Net margin, FY2022: 8.47%Net margin, FY2023: 7.83%Net margin, FY2024: 6.01%Net margin, FY2025: 3.83%Net margin, FY2026: 4.46%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 36.30%. Gross margin FY2023 36.12%. Gross margin FY2024 36.18%. Gross margin FY2025 35.03%. Gross margin FY2026 36.56%. Operating margin FY2022 8.78%. Operating margin FY2023 9.06%. Operating margin FY2024 7.23%. Operating margin FY2025 4.97%. Operating margin FY2026 6.67%. Net margin FY2022 8.47%. Net margin FY2023 7.83%. Net margin FY2024 6.01%. Net margin FY2025 3.83%. Net margin FY2026 4.46%.

Income trends

Revenue

179.21B JPY+0.90%

Operating income

11.96B JPY+35.48%

Net income

8B JPY+17.64%
Income trends across reported periods196.68B JPY127.63B JPY58.58B JPY−10.47B JPYRevenue, FY2022: 148.82B JPYRevenue, FY2023: 175.03B JPYRevenue, FY2024: 179.42B JPYRevenue, FY2025: 177.62B JPYRevenue, FY2026: 179.21B JPYOperating income, FY2022: 13.07B JPYOperating income, FY2023: 15.86B JPYOperating income, FY2024: 12.98B JPYOperating income, FY2025: 8.83B JPYOperating income, FY2026: 11.96B JPYNet income, FY2022: 12.61B JPYNet income, FY2023: 13.7B JPYNet income, FY2024: 10.78B JPYNet income, FY2025: 6.8B JPYNet income, FY2026: 8B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 148.82B JPY. Revenue FY2023 175.03B JPY. Revenue FY2024 179.42B JPY. Revenue FY2025 177.62B JPY. Revenue FY2026 179.21B JPY. Operating income FY2022 13.07B JPY. Operating income FY2023 15.86B JPY. Operating income FY2024 12.98B JPY. Operating income FY2025 8.83B JPY. Operating income FY2026 11.96B JPY. Net income FY2022 12.61B JPY. Net income FY2023 13.7B JPY. Net income FY2024 10.78B JPY. Net income FY2025 6.8B JPY. Net income FY2026 8B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue179.21B JPY177.62B JPY179.42B JPY175.03B JPY148.82B JPY
Cost of goods sold113.69B JPY115.4B JPY114.5B JPY111.81B JPY94.79B JPY
Gross profit65.52B JPY62.22B JPY64.92B JPY63.22B JPY54.03B JPY
Research and development12.84B JPY12.94B JPY11.46B JPY10.54B JPY
Selling, general, and administrative53.56B JPY40.55B JPY39B JPY35.89B JPY30.42B JPY
Operating expenses53.56B JPY53.39B JPY51.94B JPY47.35B JPY40.96B JPY
Interest income1.27B JPY1.32B JPY1.58B JPY1.6B JPY670M JPY
Interest expense442M JPY319M JPY305M JPY218M JPY329M JPY
Depreciation and amortization8.76B JPY7.99B JPY8.44B JPY7.78B JPY7.1B JPY
Operating income11.96B JPY8.83B JPY12.98B JPY15.86B JPY13.07B JPY
Net income8B JPY6.8B JPY10.78B JPY13.7B JPY12.61B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+18.70%
11 comparable reports
Latest EPS result
38.11
Estimate 8.27 · Beat by 360.82%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates54.0123.19-7.62-38.44Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 35.27, estimate 8.5, surprise +314.94%, Beat. Q2 2025, reported May 13, 2025: actual 12.05, estimate 9.8, surprise +22.96%, Beat. Q3 2025, reported Aug 5, 2025: actual -32.06, estimate 3.4, surprise -1042.94%, Miss. Q4 2025, reported Nov 6, 2025: actual 34.83, estimate 21.2, surprise +64.29%, Beat. Q1 2026, reported Feb 6, 2026: actual 44.48, estimate 12.7, surprise +250.24%, Beat. Q2 2026, reported May 14, 2026: actual 47.63, estimate 29.4, surprise +62.01%, Beat. Q3 2026, reported Aug 4, 2026: actual 38.11, estimate 8.27, surprise +360.82%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 18.7, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates54.35B47.41B40.46B33.51BQ1 '25MetQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 42.46B JPY, estimate 42.46B JPY, surprise 0.00%, Met estimate. Q2 2025, reported May 13, 2025: actual 49.52B JPY, estimate 42B JPY, surprise +17.90%, Beat. Q3 2025, reported Aug 5, 2025: actual 38.36B JPY, estimate 35.6B JPY, surprise +7.74%, Beat. Q4 2025, reported Nov 6, 2025: actual 43.07B JPY, estimate 44.1B JPY, surprise -2.34%, Miss. Q1 2026, reported Feb 6, 2026: actual 45.52B JPY, estimate 44.76B JPY, surprise +1.70%, Beat. Q2 2026, reported May 14, 2026: actual 52.26B JPY, estimate 47B JPY, surprise +11.19%, Beat. Q3 2026, reported Aug 4, 2026: actual 48.99B JPY, estimate 44.4B JPY, surprise +10.33%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 51.83B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥70.00

2025 complete year+169.2% since 2021

2026 partial: ¥70.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥70.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥70.00

Annual

Record Mar 31, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 28, 2025

¥70.00

Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Mar 28, 2024

¥50.00

Annual

Record Mar 31, 2024 · Payment Jun 28, 2024

Dividend

Ex-dividend Mar 30, 2023

¥50.00

Annual

Record Mar 31, 2023 · Payment Jun 30, 2023

Dividend

Ex-dividend Mar 30, 2022

¥50.00

Annual

Record Mar 31, 2022 · Payment Jun 30, 2022

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