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← CockpitCompetitor Analysis › 6588.T Toshiba Tec Corp.Open in the cockpit ↗

Toshiba Tec Corp.6588.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Electronic Equipment/Instruments

Toshiba group maker of retail point-of-sale systems, barcode printers and office multifunction printers/copiers.

≈ Japan's NCR Voyix and Xerox combined, at smaller scaleMomentum weak 30
Mkt cap
$918M
US dollars, full cap
Free float
43%
of shares outstanding
$/day
$2.63M
20-day average traded
Fwd P/E
11.3×
forward earnings
ROIC−WACC
+6.9 pp
WACC 8.0%
Hurdle
n/a
no reverse DCF
Next earnings
5 days
11 Nov 2026
Close · JPY¥2,630
1D-7.2%
1W-11.1%
1M-9.7%
3M-14.6%
6M-2.4%
YTD-4.0%
1Y-14.8%
ATR %3.9%
52w lowhigh23.8% off high

What Toshiba Tec does

Toshiba group maker of retail point-of-sale systems, barcode printers and office multifunction printers/copiers.

Earns first from selling retail systems and printers, then repeat income from toner and other supplies, software and service contracts on the installed base, which smooths the cycle in new-equipment orders. Toshiba remains its largest shareholder.

In one line: Japan's NCR Voyix and Xerox combined, at smaller scale.

Products and services

  • POS systems/self-checkout
  • Barcode/label printers
  • Multifunction printers/copiers

Customers

  • Retailers/supermarkets
  • Convenience store chains
  • Offices/enterprises

Where it sits in the supply chain

  • Retail & office equipment
  • POS & imaging hardware
  • POS terminals, printers, copiers

What could go right

  • Retail automation/self-checkout adoption
  • Print consumables recurring revenue

What could go wrong

  • Office print volume decline
  • Retail capex cyclicality

Moat: narrow (installed base, customer qualification). Long-standing retail POS installed base in Japan and Asia with recurring consumables/service revenue.

Headquarters: Shizuoka, Japan · Founded: 1950 · Employees: 15,078

Named competitors

Toshiba Tec at a glance

Size Toshiba Tec (6588.T) is a Japan Information Technology company (Electronic Equipment/Instruments) with a market value of $918M, the 770th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,630 on 6 Nov 2026.

Performance Over six months the shares fell 2.4%, against -17.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 6.9% over the last twelve months (peer median +5.2%); the operating margin is 3.5% (peer median 5.4%).

Valuation It trades at 11.3× forward earnings against a peer median of 22.1× (cheapest of 11).

Capital Return on invested capital runs 6.9 points above its cost of capital (8.0% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 20266588.T 96Peer median 81
Six months, rebased to 100: Toshiba Tec against the median of its 20 peers (local-currency closes).

Toshiba Tec financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥597B¥569B¥577B¥548B¥511B
Revenue growth—-1%+5%+7%—
Gross profit¥228B¥219B¥229B¥224B¥202B
EBITDA¥40.3B¥31.6B¥37.7B¥33.5B¥33.4B
Net income¥4.71B-¥2.29B¥29.9B-¥6.71B-¥13.7B
Free cash flown/a-¥5.32B¥11.2B¥7.00B¥6.78B
Capital expendituren/a¥13.9B¥16.9B¥15.9B¥11.0B
Total debt¥21.8B¥45.3B¥40.6B¥39.4B¥26.8B

Quarterly statements and history in the cockpit →

Toshiba Tec 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

-50%-25%0%+25%+50%-40%-20%0%+20%30042024983016293003867734TRNS300416140860300706603416688550301282301525002730EVLV3008623000806588.T6-month return →1-month return →
Up and to the right = strong over both horizons. Toshiba Tec is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%50×100×150×3016297734TRNS300416140860603416053768855030152530196588.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Toshiba Tec is the large dot.

Toshiba Tec competitors and peer comparison

Head to head with its named competitors (6588.T vs VYX vs 7751.T vs 7752.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Toshiba Tec 6588.T$918M-2%+7%3%11.3×n/a
NCR Voyix VYX$1.35B+17%-5%7%9.9×n/a
Canon 7751.T$28.4B+18%+4%10%12.2×-0.6%
Ricoh 7752.T$6.06B+28%+5%3%13.6×-1.0%

How Toshiba Tec 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.

Toshiba Tec against its 20 peers (data as of 6 Nov 2026)
Measure6588.TPeer medianRank in peer set
1-month return-9.7%-10.8%11th highest of 21
6-month return-2.4%-17.4%5th highest of 20
Distance from 52-week high-23.8%-44.9%3rd highest of 21
Revenue growth (TTM)+6.9%+5.2%11th highest of 21
Operating margin3.5%5.4%9th lowest of 21
Forward P/E11.3×22.1×cheapest of 11
ROIC minus cost of capital+6.9 pp-5.9 pp2nd highest of 21
EV / EBITDA3.4×24.5×cheapest of 4
Net debt / EBITDA-0.4×-1.1×2nd most indebted of 4

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
Toshiba Tec 6588.TJapan$918M-2%+7%3%11.3×n/an/a
Jiangsu Wuyang Automation Control Technology 300420.SZChina$921M+51%-10%5%n/an/an/a
RoboSense Technology Company 2498.HKHong Kong$914M-55%+32%-22%n/an/an/a
Sidea Semiconductor Equipment (Shenzhen) 301629.SZChina$924M-39%-27%0%147.2×n/an/a
Feitian Technologies 300386.SZChina$909M-17%-20%-20%n/an/an/a
Riken Keiki 7734.TJapan$930M-7%+11%22%13.8×2.6%+11.4%
Transcat TRNSUnited States$955M+33%+20%5%45.0×30.3%+13.9%
Suzhou Sushi Testing 300416.SZChina$957M-26%+8%15%23.0×2.6%+13.7%
Park Systems 140860.KSSouth Korea$965M-35%-6%12%30.3×n/an/a
Fujian Acetron New Materials 300706.SZChina$873M-11%+19%3%n/an/an/a
Wuxi Xinje Electric 603416.SSChina$984M-22%+26%9%21.1×19.8%+12.2%
Rigol Technologies 0537.HKHong Kong$989Mn/a+33%9%21.2×35.8%+19.6%
Xi'an Manareco New Materials 688550.SSChina$850M-19%-2%13%15.6×7.4%+9.8%
Camelot Electronics Technology 301282.SZChina$992M+12%+58%7%n/an/an/a
Shanghai Ruking Technologies 301525.SZChina$838M-13%-2%1%43.8×n/an/a
Dianguang Explosion-proof Technology 002730.SZChina$832M-54%-6%6%n/an/an/a
Evolv Technologies EVLVUnited States$826M-35%+42%-20%n/an/an/a
Wuhan Zhongyuan Huadian Science & Technology 300018.SZChina$825M-17%+3%17%n/a25.8%+10.0%
Anhui Landun Photoelectron 300862.SZChina$814M+31%-27%-23%n/an/an/a
Asia Optical 3019.TWTaiwan$1.04B-14%+13%10%16.2×0.1%+10.9%
Henan Yicheng New Energy 300080.SZChina$1.05B-17%-13%-21%n/an/an/a

Questions

Who are Toshiba Tec's main competitors?
Named competitors: NCR Voyix (VYX), Canon (7751.T), Ricoh (7752.T). The cockpit's measured peer set (industry) also includes Jiangsu Wuyang Automation Control Technology (300420.SZ), RoboSense Technology Company (2498.HK), Sidea Semiconductor Equipment (Shenzhen) (301629.SZ), Feitian Technologies (300386.SZ), Riken Keiki (7734.T), Transcat (TRNS).
Is Toshiba Tec expensive compared with its peers?
On forward p/e it trades at 11.3× against a peer median of 22.1×, cheapest of 11 in its peer set.
How has Toshiba Tec stock performed?
Over six months to 6 Nov 2026 the shares returned -2.4% against -17.4% for the median peer; over one year -14.8%.

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.