Loading…
Maker of surface-mount (SMT) electronics assembly machines and precision machine tools for manufacturing.
Maker of surface-mount (SMT) electronics assembly machines and precision machine tools for manufacturing.
Sells production-line machines to electronics assemblers and to metal-parts shops, and earns repeat income from parts, service and upgrades on machines already installed. Orders follow customers' factory-investment cycles, so results swing with them.
In one line: Japan's answer to Universal Instruments/Panasonic's SMT equipment business.
Moat: narrow (process know-how, customer qualification). Established SMT equipment technology and customer qualification among electronics assemblers.
Headquarters: Chiryu, Japan · Founded: 1959 · Employees: 3,132
Size Fuji (6134.T) is a Japan Industrials company (Industrial Machinery) with a market value of $2.85B, the 375th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,665 on 6 Nov 2026.
Performance Over six months the shares fell 23.1%, against -19.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 44.9% over the last twelve months (peer median +11.2%); the operating margin is 19.7% (peer median 8.1%).
Valuation It trades at 9.9× forward earnings against a peer median of 22.8× (cheapest of 19).
Capital Return on invested capital runs 0.2 points below its cost of capital (15.5% WACC).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥200B | ¥181B | ¥127B | ¥127B | ¥153B |
| Revenue growth | — | +42% | 0% | -17% | — |
| Gross profit | ¥77.7B | ¥64.8B | ¥45.1B | ¥44.7B | ¥58.3B |
| EBITDA | ¥49.6B | ¥39.7B | ¥24.1B | ¥23.1B | ¥36.9B |
| Net income | ¥22.7B | ¥15.7B | ¥10.9B | ¥10.4B | ¥20.5B |
| Free cash flow | n/a | -¥2.43B | ¥8.89B | ¥15.5B | ¥2.20B |
| Capital expenditure | n/a | ¥11.7B | ¥14.7B | ¥14.7B | ¥11.2B |
| Total debt | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Fuji 6134.T | $2.85B | -23% | +45% | 20% | 9.9× | n/a |
| Panasonic 6752.T | $44.5B | -6% | +4% | 8% | 13.5× | 9.8% |
| Asmpt 0522.HK | $5.02B | -47% | +21% | 9% | 20.4× | 12.1% |
| Yamaha Motor 7272.T | $10.1B | +54% | +10% | 6% | 9.3× | 4.2% |
| Mycronic MYCR.ST | $5.57B | -4% | +17% | 29% | 24.9× | 10.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6134.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -45.0% | -7.2% | 2nd lowest of 21 |
| 6-month return | -23.1% | -19.6% | 7th lowest of 21 |
| Distance from 52-week high | -47.8% | -41.7% | 9th lowest of 21 |
| Revenue growth (TTM) | +44.9% | +11.2% | 3rd highest of 21 |
| Operating margin | 19.7% | 8.1% | 4th highest of 21 |
| Forward P/E | 9.9× | 22.8× | cheapest of 19 |
| ROIC minus cost of capital | -0.2 pp | -0.6 pp | 10th highest of 21 |
| EV / EBITDA | 7.8× | 20.6× | 3rd cheapest of 11 |
| Net debt / EBITDA | -1.3× | -0.2× | 3rd least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fuji 6134.T | Japan | $2.85B | -23% | +45% | 20% | 9.9× | n/a | n/a |
| Nabtesco 6268.T | Japan | $2.77B | -28% | -8% | 9% | 17.6× | 7.8% | +2.0% |
| Worthington Enterprises WOR | United States | $2.98B | +11% | +18% | 6% | 15.7× | 24.7% | -15.3% |
| China First Heavy Industries 601106.SS | China | $2.98B | -36% | 0% | 0% | n/a | n/a | n/a |
| Beijing Jingyi Automation Equipment 688652.SS | China | $2.73B | -10% | +34% | 9% | 77.6× | 49.0% | +32.4% |
| Catcher Technology 2474.TW | Taiwan | $2.99B | -14% | -18% | 10% | 16.3× | 12.4% | -25.7% |
| Bozhon Precision Industry Technology 688097.SS | China | $3.00B | -23% | +74% | 7% | 23.6× | n/a | n/a |
| Formosa Sumco Technology 3532.TW | Taiwan | $3.01B | +12% | +9% | 4% | 50.5× | n/a | n/a |
| Guangzhou Haozhi Industrial 300503.SZ | China | $2.70B | -8% | +55% | 20% | n/a | n/a | n/a |
| Dongguan Yiheda Automation 301029.SZ | China | $2.65B | -2% | +31% | 18% | 27.1× | 21.6% | +19.5% |
| AIA Engineering AIAENG.NS | India | $3.08B | -22% | +7% | 24% | 22.8× | 20.4% | +9.1% |
| Shanghai Zhenhua Heavy Industries 600320.SS | China | $2.64B | -21% | +6% | 5% | 20.4× | -4.9% | +9.7% |
| Jack Technology 603337.SS | China | $3.09B | +15% | +13% | 10% | 22.8× | 4.2% | +13.3% |
| SIASUN Robot & Automation 300024.SZ | China | $3.12B | -11% | +11% | -7% | 235.7× | n/a | n/a |
| Harmonic Drive Systems 6324.T | Japan | $2.60B | -18% | +12% | 7% | 62.4× | n/a | n/a |
| Takasago Thermal Engineering 1969.T | Japan | $3.13B | -21% | +2% | 11% | 10.8× | 3.8% | +9.0% |
| Infore Environment Technology 000967.SZ | China | $3.14B | -53% | +20% | 8% | 26.5× | -0.8% | -0.7% |
| Jungheinrich AG Pref JUN3.DE | Germany | $2.58B | -12% | +2% | 5% | 10.3× | -0.4% | +7.6% |
| Shenzhen Zhaowei Machinery & Electronics 2692.HK | Hong Kong | $3.16B | -52% | +5% | 9% | 34.8× | 33.0% | +6.8% |
| Tokyo Seimitsu 7729.T | Japan | $3.16B | -29% | +17% | 22% | 15.2× | 16.0% | +11.4% |
| CECO Environmental CECO | United States | $2.56B | -47% | +38% | 6% | 16.5× | n/a | n/a |