Maker of semiconductor and flat-panel-display equipment: wafer/photomask cleaning and chip-bonding tools.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 flow | n/a | -¥2.61B | ¥4.07B | ¥3.89B | ¥3.38B |
| Capital expenditure | n/a | ¥7.24B | ¥2.92B | ¥2.10B | ¥1.19B |
| Total debt | ¥8.66B | ¥8.65B | ¥8.74B | ¥8.76B | ¥8.79B |
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 |
|---|---|---|---|---|---|---|
| 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% |
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 | 6590.T | Peer median | Rank 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 margin | 16.2% | 13.1% | 5th highest of 12 |
| Forward P/E | 10.3× | 12.6× | 3rd cheapest of 12 |
| ROIC minus cost of capital | +9.2 pp | -5.0 pp | 4th highest of 13 |
| EV / EBITDA | 8.2× | 15.9× | cheapest of 12 |
| Net debt / EBITDA | -0.9× | -0.9× | 6th least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shibaura Mechatronics 6590.T | Japan | $1.03B | -51% | +1% | 16% | 10.3× | n/a | n/a |
| Ichor ICHR | United States | $1.16B | -58% | +15% | 3% | 9.9× | n/a | n/a |
| Eastman Kodak KODK | United States | $786M | -30% | +9% | 4% | 11.1× | -14.7% | +0.8% |
| Techwing 089030.KS | South Korea | $737M | -51% | +4% | 18% | 15.8× | n/a | n/a |
| Ultra Clean UCTT | United States | $1.97B | -53% | +16% | 4% | 7.2× | n/a | n/a |
| AIMECHATEC 6227.T | Japan | $481M | -36% | +68% | 16% | 11.8× | 13.0% | +17.0% |
| EO Technics 039030.KS | South Korea | $2.53B | -39% | +26% | 25% | 29.9× | 18.0% | +3.2% |
| Axcelis Technologies ACLS | United States | $3.06B | -39% | -3% | 10% | 17.8× | 31.2% | +12.1% |
| ACM Research ACMR | United States | $3.11B | -25% | +27% | 13% | 16.0× | n/a | n/a |
| Crane NXT CXT | United States | $3.31B | +27% | +17% | 16% | 12.6× | 7.8% | -9.7% |
| Kulicke and Soffa Industries, I KLIC | United States | $3.35B | -38% | +44% | 13% | 10.9× | 24.4% | +1.0% |
| Sumco 3436.T | Japan | $3.96B | -28% | +4% | -4% | n/a | n/a | n/a |
| GPGI GPGI | United States | $4.12B | +2% | -100% | n/a | 14.2× | n/a | n/a |