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← CockpitCompetitor Analysis › 6590.T Shibaura Mechatronics CoOpen in the cockpit ↗

Shibaura Mechatronics Co6590.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Industrial Machinery

Maker of semiconductor and flat-panel-display equipment: wafer/photomask cleaning and chip-bonding tools.

≈ A small, niche Japanese semiconductor-equipment makerMomentum laggard 0
Mkt cap
$1.03B
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$32.3M
20-day average traded
Fwd P/E
10.3×
forward earnings
ROIC−WACC
+9.2 pp
WACC 16.7%
Hurdle
n/a
no reverse DCF
Next earnings
97 days
11 Feb 2027
Close · JPY¥2,360
1D+1.1%
1W-30.4%
1M-46.0%
3M-47.6%
6M-50.6%
YTD-36.9%
1Y-29.0%
ATR %11.3%
52w lowhigh62.7% off high

What Shibaura Mechatronics does

Maker of semiconductor and flat-panel-display equipment: wafer/photomask cleaning and chip-bonding tools.

Sells made-to-order machines to chip, photomask and display factories, so sales rise when they add or upgrade production lines and ease when they pause, with service and spare parts bringing repeat revenue from installed machines. Single-wafer cleaning for silicon-wafer makers and bonding tools for chip packaging carry the business.

In one line: A small, niche Japanese semiconductor-equipment maker.

Products and services

  • Single-wafer cleaning systems
  • Photomask cleaning systems
  • Flip-chip/FPD bonders
  • Vending machines (legacy business)

Customers

  • Silicon wafer/semiconductor makers
  • Photomask makers
  • Flat-panel display makers

Where it sits in the supply chain

  • Semiconductors/displays
  • Wafer-fab and back-end equipment
  • Cleaning, bonding, FPD tools

What could go right

  • Semiconductor and advanced-packaging capex

What could go wrong

  • Small scale versus large rivals
  • Cyclical order flow

Moat: narrow (process know-how, customer qualification). Leading share in post-CMP single-wafer cleaning for silicon-wafer manufacturing, a qualified niche step.

Headquarters: Yokohama, Japan · Employees: 1,269

Named competitors

Shibaura Mechatronics at a glance

Size Shibaura Mechatronics (6590.T) is a Japan Information Technology company (Industrial Machinery) with a market value of $1.03B, the 720th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,360 on 6 Nov 2026.

Performance Over six months the shares fell 50.6%, against -37.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th lowest of 13 in its peer set.

Growth Revenue grew 1.5% over the last twelve months (peer median +15.5%); the operating margin is 16.2% (peer median 13.1%).

Valuation It trades at 10.3× forward earnings against a peer median of 12.6× (3rd cheapest of 12).

Capital Return on invested capital runs 9.2 points above its cost of capital (16.7% WACC).

Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).

Relative performance

507510012511 May 202611 Aug 20266 Nov 2026Peer median 646590.T 50
Six months, rebased to 100: Shibaura Mechatronics against the median of its 12 peers (local-currency closes).

Shibaura Mechatronics financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥86.5B¥88.0B¥80.9B¥67.6B¥61.0B
Revenue growth—+9%+20%+11%—
Gross profit¥34.0B¥32.2B¥29.5B¥25.2B¥23.1B
EBITDA¥17.9B¥18.6B¥16.8B¥14.2B¥12.7B
Net income¥10.2B¥11.2B¥10.3B¥8.79B¥9.20B
Free cash flown/a-¥2.61B¥4.07B¥3.89B¥3.38B
Capital expendituren/a¥7.24B¥2.92B¥2.10B¥1.19B
Total debt¥8.66B¥8.65B¥8.74B¥8.76B¥8.79B

Quarterly statements and history in the cockpit →

Shibaura Mechatronics 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

-60%-40%-20%0%+20%-50%-25%0%+25%ICHRKODK089030UCTT6227039030ACLSACMRCXTKLIC3436GPGI6590.T6-month return →1-month return →
Up and to the right = strong over both horizons. Shibaura Mechatronics is the large dot.

Fundamentals: revenue growth against valuation

-100%-50%0%+50%10×20×30×ICHRKODK089030UCTT6227039030ACLSACMRCXTKLICGPGI6590.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Shibaura Mechatronics is the large dot.

Shibaura Mechatronics competitors and peer comparison

Head to head with its named competitors (6590.T vs 7735.T vs 8035.T vs 0522.HK)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Shibaura Mechatronics 6590.T$1.03B-51%+1%16%10.3×n/a
Screen 7735.T$9.20B-24%+3%20%12.4×17.3%
Tokyo Electron 8035.T$122B+41%+18%28%23.1×28.8%
Asmpt 0522.HK$5.02B-47%+21%9%20.4×12.1%

How Shibaura Mechatronics 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.

Shibaura Mechatronics against its 12 peers (data as of 6 Nov 2026)
Measure6590.TPeer medianRank in peer set
1-month return-46.0%-38.1%5th lowest of 13
6-month return-50.6%-37.0%4th lowest of 13
Distance from 52-week high-62.7%-55.6%5th lowest of 13
Revenue growth (TTM)+1.5%+15.5%3rd lowest of 13
Operating margin16.2%13.1%5th highest of 12
Forward P/E10.3×12.6×3rd cheapest of 12
ROIC minus cost of capital+9.2 pp-5.0 pp4th highest of 13
EV / EBITDA8.2×15.9×cheapest of 12
Net debt / EBITDA-0.9×-0.9×6th least indebted of 12

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
Shibaura Mechatronics 6590.TJapan$1.03B-51%+1%16%10.3×n/an/a
Ichor ICHRUnited States$1.16B-58%+15%3%9.9×n/an/a
Eastman Kodak KODKUnited States$786M-30%+9%4%11.1×-14.7%+0.8%
Techwing 089030.KSSouth Korea$737M-51%+4%18%15.8×n/an/a
Ultra Clean UCTTUnited States$1.97B-53%+16%4%7.2×n/an/a
AIMECHATEC 6227.TJapan$481M-36%+68%16%11.8×13.0%+17.0%
EO Technics 039030.KSSouth Korea$2.53B-39%+26%25%29.9×18.0%+3.2%
Axcelis Technologies ACLSUnited States$3.06B-39%-3%10%17.8×31.2%+12.1%
ACM Research ACMRUnited States$3.11B-25%+27%13%16.0×n/an/a
Crane NXT CXTUnited States$3.31B+27%+17%16%12.6×7.8%-9.7%
Kulicke and Soffa Industries, I KLICUnited States$3.35B-38%+44%13%10.9×24.4%+1.0%
Sumco 3436.TJapan$3.96B-28%+4%-4%n/an/an/a
GPGI GPGIUnited States$4.12B+2%-100%n/a14.2×n/an/a

Questions

Who are Shibaura Mechatronics's main competitors?
Named competitors: Screen Holdings (7735.T), Tokyo Electron (8035.T), ASMPT (0522.HK). The cockpit's measured peer set (industry) also includes Ichor (ICHR), Eastman Kodak (KODK), Techwing (089030.KS), Ultra Clean (UCTT), AIMECHATEC (6227.T), EO Technics (039030.KS).
Is Shibaura Mechatronics expensive compared with its peers?
On forward p/e it trades at 10.3× against a peer median of 12.6×, 3rd cheapest of 12 in its peer set.
How has Shibaura Mechatronics stock performed?
Over six months to 6 Nov 2026 the shares returned -50.6% against -37.0% for the median peer; over one year -29.0%.

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.