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← CockpitCompetitor Analysis › 6436.T Amano CorporationOpen in the cockpit ↗

Amano Corporation6436.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Electronic Equipment/Instruments

Maker of time & attendance systems and parking management equipment, and operator of coin parking facilities in Japan.

≈ A mashup of ADP's timekeeping hardware and a parking-lot operatorMomentum weak 32
Mkt cap
$1.50B
US dollars, full cap
Free float
68%
of shares outstanding
$/day
$12.6M
20-day average traded
Fwd P/E
13.7×
forward earnings
ROIC−WACC
+9.3 pp
WACC 5.5%
Hurdle
-17 pp
Req g minus delivered
Next earnings
84 days
29 Jan 2027
Close · JPY¥3,451
1D-5.3%
1W-3.9%
1M-8.1%
3M-12.3%
6M-3.7%
YTD-18.1%
1Y-15.7%
ATR %2.9%
52w lowhigh22.6% off high

What Amano does

Maker of time & attendance systems and parking management equipment, and operator of coin parking facilities in Japan.

In one line: A mashup of ADP's timekeeping hardware and a parking-lot operator.

Products and services

  • Time & attendance systems
  • Parking management equipment/operations
  • Environmental/dust collection systems

Customers

  • Corporate HR departments
  • Parking lot owners/operators
  • Factories (dust collection)

Where it sits in the supply chain

  • Business services equipment
  • Time management & parking systems
  • Time recorders, parking…

What could go right

  • Parking demand in urban Japan
  • Workplace digitization

What could go wrong

  • Remote work reducing commuter parking
  • Competition from Park24/Times

Moat: narrow (installed base, distribution). Large installed base of parking equipment and long-standing corporate timekeeping relationships.

Headquarters: Yokohama, Japan · Founded: 1931 · Employees: 5,532

Named competitors

Amano at a glance

Size Amano (6436.T) is a Japan Information Technology company (Electronic Equipment/Instruments) with a market value of $1.50B, the 579th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,451 on 6 Nov 2026.

Performance Over six months the shares fell 3.7%, against -16.5% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 1.3% over the last twelve months (peer median +4.5%); the operating margin is 11.5% (peer median 7.6%).

Valuation It trades at 13.7× forward earnings against a peer median of 21.3× (3rd cheapest of 17).

Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -17 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 9.3 points above its cost of capital (5.5% WACC).

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 20266436.T 97Peer median 81
Six months, rebased to 100: Amano against the median of its 20 peers (local-currency closes).

Amano financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥177B¥176B¥175B¥153B¥133B
Revenue growth—+1%+15%+15%—
Gross profit¥79.8B¥80.3B¥78.9B¥68.9B¥60.3B
EBITDA¥31.8B¥33.7B¥34.5B¥30.1B¥25.1B
Net income¥18.4B¥20.1B¥17.8B¥13.1B¥11.3B
Free cash flow¥18.0B¥19.4B¥20.1B¥20.4B¥16.2B
Capital expenditure¥10.5B¥9.40B¥7.45B¥5.86B¥4.37B
Total debt¥15.1B¥14.7B¥15.3B¥13.9B¥12.2B

Quarterly statements and history in the cockpit →

Amano competitor charts

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.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-40%-20%0%+20%68861180396457002214688160603100300480002706603556300720688612688006601222002947OXIG3000076703GVS6436.T6-month return →1-month return →
Up and to the right = strong over both horizons. Amano is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%+50%25×50×75×6886116457688160603100300480002706603556688006688003601222OXIG300007GVS6436.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Amano is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%80396457603100688612688006688003301531002947OXIG3000076703GVS6436.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Amano is the large dot.

Amano competitors and peer comparison

Head to head with its named competitors (6436.T vs 4666.T vs ADP)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Amano 6436.T$1.50B-4%+1%11%13.7×-7.6%
Park24 4666.T$1.93B-2%+4%10%6.8×-5.2%
Automatic Data Processing ADP$120B+44%+6%27%24.0×6.6%

How Amano compares with its peers

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.

Amano against its 20 peers (data as of 6 Nov 2026)
Measure6436.TPeer medianRank in peer set
1-month return-8.1%-8.0%11th highest of 21
6-month return-3.7%-16.5%6th highest of 20
Distance from 52-week high-22.6%-43.6%4th highest of 21
Revenue growth (TTM)+1.3%+4.5%9th lowest of 21
Operating margin11.5%7.6%6th highest of 21
Forward P/E13.7×21.3×3rd cheapest of 17
Growth the price implies (Req g, 7 yrs)-7.6%16.0%2nd least demanding of 14
Growth delivered (Del g)+9.2%+9.3%7th lowest of 14
Hurdle (Req g minus delivered)-16.8 pp+8.7 pp4th least demanding of 14
ROIC minus cost of capital+9.3 pp-3.3 pp2nd highest of 21
EV / EBITDA6.1×14.3×2nd cheapest of 7
Net debt / EBITDA-1.3×0.1×2nd least indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Amano 6436.TJapan$1.50B-4%+1%11%13.7×-7.6%+9.2%
Hangzhou Kelin Electric 688611.SSChina$1.51B+4%-58%-32%48.1×n/an/a
TAIFLEX Scientific 8039.TWTaiwan$1.51B+36%+3%6%n/a28.3%+3.9%
Glory 6457.TJapan$1.53B+16%-8%9%12.2×-8.1%+9.3%
Zhejiang Dali Technology 002214.SZChina$1.45B-15%+1%-68%n/an/an/a
Kinco Automation Shanghai 688160.SSChina$1.45B-2%+46%9%90.3×n/an/a
Chongqing Chuanyi Automation 603100.SSChina$1.44B-4%+3%7%14.5×2.6%+9.9%
Gl Tech 300480.SZChina$1.44B-28%+43%13%57.6×n/an/a
Shanghai Liangxin Electrical Co 002706.SZChina$1.42B-26%+6%3%30.5×n/an/a
Hexing Electrical 603556.SSChina$1.61B-23%+6%9%14.2×0.1%+11.3%
Guangdong High Dream Intellectualized Machinery 300720.SZChina$1.38B-25%+8%6%n/an/an/a
Shenzhen VMAX New Energy (Group) 688612.SSChina$1.63B-21%-6%9%17.5×18.8%+57.4%
Zhejiang HangKe Technology 688006.SSChina$1.64B-43%+12%3%24.0×16.0%+14.9%
Suzhou TZTEK Technology 688003.SSChina$1.67B-19%+33%5%64.3×42.0%+13.2%
Shandong Chunguang Technology 301531.SZChina$1.29Bn/a+7%12%n/a58.9%+4.4%
Jiangsu Linyang Energy 601222.SSChina$1.74B-6%+35%8%15.4×n/an/a
Suzhou Hengmingda Electronic Technology 002947.SZChina$1.78B-43%+13%18%15.6×9.4%+34.8%
Oxford Instruments OXIG.LUnited Kingdom$1.79B-16%-15%15%21.9×20.1%+5.8%
Hanwei Electronics 300007.SZChina$1.79B-15%-3%2%65.2×40.9%+4.6%
OKI Electric Industry 6703.TJapan$1.24B-32%-4%4%11.3×10.1%+1.4%
GVS S.p.A GVS.MIItaly$1.24B+35%-1%12%20.7×14.3%+3.2%

Questions

Who are Amano's main competitors?
Named competitors: Park24 (Times parking) (4666.T), ADP (ADP). The cockpit's measured peer set (industry) also includes Hangzhou Kelin Electric (688611.SS), TAIFLEX Scientific (8039.TW), Glory (6457.T), Zhejiang Dali Technology (002214.SZ), Kinco Automation Shanghai (688160.SS), Chongqing Chuanyi Automation (603100.SS).
Is Amano expensive compared with its peers?
On forward p/e it trades at 13.7× against a peer median of 21.3×, 3rd cheapest of 17 in its peer set. For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -17 pp: the price already allows for a slowdown.
How has Amano stock performed?
Over six months to 6 Nov 2026 the shares returned -3.7% against -16.5% for the median peer; over one year -15.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.