Employees: 2,152
Size Mimaki Engineering (6638.T) is a Japan Industrials company (Industrial Machinery) with a market value of $351M, the 1259th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,875 on 6 Nov 2026.
Performance Over six months the shares gained 25.4%, against -17.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 20 in its peer set.
Growth Revenue grew 0.9% over the last twelve months (peer median +6.5%); the operating margin is 11.7% (peer median 6.2%).
Valuation It trades at 7.2× forward earnings against a peer median of 28.5× (cheapest of 9).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.5 points above its cost of capital (8.4% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥84.4B | ¥83.7B | ¥84.0B | ¥75.6B | ¥70.6B |
| Revenue growth | — | 0% | +11% | +7% | — |
| Gross profit | ¥42.2B | ¥42.8B | ¥41.1B | ¥34.7B | ¥28.4B |
| EBITDA | ¥12.2B | ¥11.7B | ¥11.2B | ¥7.45B | ¥6.10B |
| Net income | ¥7.04B | ¥6.74B | ¥6.16B | ¥3.71B | ¥2.81B |
| Free cash flow | n/a | ¥1.64B | ¥5.81B | ¥7.91B | -¥1.72B |
| Capital expenditure | n/a | ¥3.40B | ¥2.29B | ¥2.09B | ¥2.55B |
| Total debt | ¥25.2B | ¥23.9B | ¥22.9B | ¥28.5B | ¥28.9B |
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.
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 | 6638.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -17.2% | -10.8% | 6th lowest of 21 |
| 6-month return | +25.4% | -17.6% | 3rd highest of 20 |
| Distance from 52-week high | -23.4% | -28.3% | 7th highest of 21 |
| Revenue growth (TTM) | +0.9% | +6.5% | 6th lowest of 21 |
| Operating margin | 11.7% | 6.2% | 7th highest of 21 |
| Forward P/E | 7.2× | 28.5× | cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | -2.7% | 9.8% | 5th least demanding of 14 |
| Growth delivered (Del g) | +11.4% | +13.0% | 7th lowest of 14 |
| Hurdle (Req g minus delivered) | -14.1 pp | -5.7 pp | 4th least demanding of 14 |
| ROIC minus cost of capital | +5.5 pp | -3.0 pp | 6th highest of 20 |
| EV / EBITDA | 5.2× | 13.1× | 2nd cheapest of 15 |
| Net debt / EBITDA | 0.6× | -0.0× | 7th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mimaki Engineering 6638.T | Japan | $351M | +25% | +1% | 12% | 7.2× | -2.7% | +11.4% |
| ReTech Environmental Solutions 7934.TWO | Taiwan | $350M | n/a | +13% | 16% | n/a | n/a | n/a |
| Junhe Pumps 603617.SS | China | $352M | -21% | +9% | 5% | n/a | n/a | n/a |
| NORMA NOEJ.DE | Germany | $353M | -23% | -21% | -4% | 45.3× | -8.6% | -2.9% |
| Zhejiang Dibay Electric 603320.SS | China | $348M | -36% | -2% | 7% | n/a | 11.5% | +6.3% |
| Ebara Jitsugyo 6328.T | Japan | $347M | -8% | +4% | 15% | 14.6× | -3.3% | +6.4% |
| Trusval Technology 6667.TWO | Taiwan | $346M | -20% | +27% | 11% | 10.9× | 2.1% | +37.4% |
| Shanghai Automobile Air-Conditioner Accessories 603107.SS | China | $357M | -18% | +3% | 6% | n/a | -4.6% | +13.5% |
| USUN Technology 3498.TWO | Taiwan | $344M | +91% | +38% | 18% | n/a | 13.7% | -6.6% |
| Guangzhou Tech-Long Packaging Machinery 002209.SZ | China | $359M | -22% | +8% | 8% | n/a | 1.0% | +14.7% |
| Prince Pipes And Fittings PRINCEPIPE.NS | India | $359M | +15% | +5% | 5% | 22.8× | 22.6% | +4.6% |
| Bin Chuan Enterprise 1569.TWO | Taiwan | $343M | +25% | -6% | -15% | 56.1× | n/a | n/a |
| Tsubakimoto Kogyo 8052.T | Japan | $359M | +6% | -1% | 5% | n/a | n/a | n/a |
| Sintokogio,Ltd 6339.T | Japan | $342M | +3% | +5% | 2% | n/a | 9.8% | +16.4% |
| Suregiant Technology 7669.TWO | Taiwan | $342M | -39% | +150% | 51% | n/a | n/a | n/a |
| Sunpower 5GD.SI | Singapore | $360M | +11% | 0% | 22% | n/a | -12.8% | +17.8% |
| Ningbo Lehui International Engineering Equipment 603076.SS | China | $341M | -41% | +22% | 2% | 117.8× | 34.4% | +13.0% |
| Dalian Zhiyun Automation 300097.SZ | China | $341M | -27% | +33% | -68% | n/a | n/a | n/a |
| Hangzhou Kaierda Welding Robot 688255.SS | China | $341M | -30% | +21% | 5% | n/a | 28.0% | +1.8% |
| Pitti Engineering PITTIENG.NS | India | $361M | -9% | +15% | 11% | 25.7× | n/a | n/a |
| Jash Engineering JASH.NS | India | $362M | +29% | +1% | 12% | 31.3× | 28.8% | +19.8% |