Employees: 3,006
Size IDEC (6652.T) is a Japan Information Technology company (Electronic Equipment/Instruments) with a market value of $534M, the 1032nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,991 on 6 Nov 2026.
Performance Over six months the shares fell 10.8%, against -26.5% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 17.1% over the last twelve months (peer median +8.1%); the operating margin is 10.5% (peer median 1.3%).
Valuation It trades at 10.1× forward earnings against a peer median of 21.8× (cheapest of 14).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -5 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.7 points above its cost of capital (6.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥78.6B | ¥73.0B | ¥67.4B | ¥72.7B | ¥83.9B |
| Revenue growth | — | +8% | -7% | -13% | — |
| Gross profit | ¥34.4B | ¥29.0B | ¥26.2B | ¥27.9B | ¥36.5B |
| EBITDA | ¥13.3B | ¥11.2B | ¥8.73B | ¥11.2B | ¥18.5B |
| Net income | ¥8.16B | ¥3.87B | ¥1.78B | ¥4.41B | ¥10.1B |
| Free cash flow | n/a | ¥3.09B | ¥2.39B | ¥3.70B | ¥4.42B |
| Capital expenditure | n/a | ¥5.38B | ¥10.4B | ¥2.57B | ¥2.92B |
| Total debt | ¥24.3B | ¥27.4B | ¥26.2B | ¥25.2B | ¥25.5B |
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 | 6652.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -27.5% | -10.7% | 3rd lowest of 21 |
| 6-month return | -10.8% | -26.5% | 4th highest of 21 |
| Distance from 52-week high | -29.0% | -47.9% | 4th highest of 21 |
| Revenue growth (TTM) | +17.1% | +8.1% | 6th highest of 21 |
| Operating margin | 10.5% | 1.3% | 6th highest of 21 |
| Forward P/E | 10.1× | 21.8× | cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | 0.7% | 12.6% | 3rd least demanding of 13 |
| Growth delivered (Del g) | +6.2% | +10.3% | 4th lowest of 13 |
| Hurdle (Req g minus delivered) | -5.5 pp | +1.9 pp | 5th least demanding of 13 |
| ROIC minus cost of capital | +0.7 pp | -4.0 pp | 5th highest of 20 |
| EV / EBITDA | 6.6× | 10.3× | 3rd cheapest of 8 |
| Net debt / EBITDA | 0.3× | -1.0× | 4th most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IDEC 6652.T | Japan | $534M | -11% | +17% | 10% | 10.1× | 0.7% | +6.2% |
| Beijing ConST Instruments Technology 300445.SZ | China | $536M | -23% | +7% | 19% | 21.8× | 9.4% | +15.5% |
| Goldcard Smart 300349.SZ | China | $531M | -33% | -5% | 4% | 18.0× | 2.9% | +10.8% |
| Anhui Wanyi Science And Technology Co. Ltd. Class 1 688600.SS | China | $522M | -11% | +4% | 5% | 33.4× | 34.5% | +11.2% |
| Osaka Organic Chemical Industry 4187.T | Japan | $518M | -21% | +18% | 22% | 11.8× | 6.9% | +4.8% |
| YC Corporation 232140.KS | South Korea | $558M | -57% | +26% | 11% | 22.7× | 17.9% | +9.7% |
| Zhejiang Wellsun Intelligent Technology 300882.SZ | China | $510M | -35% | +13% | -1% | n/a | n/a | n/a |
| Shanghai Hi-Tech Control System 002184.SZ | China | $507M | -16% | -16% | -3% | n/a | n/a | n/a |
| SZZT Electronics 002197.SZ | China | $506M | -32% | +25% | -17% | n/a | n/a | n/a |
| Espec 6859.T | Japan | $504M | +7% | +9% | 10% | 12.5× | 7.1% | +12.6% |
| Hebei Sailhero Environmental Protection High-Tech 300137.SZ | China | $569M | -56% | -17% | -13% | n/a | n/a | n/a |
| Nippon Ceramic 6929.T | Japan | $501M | -14% | +3% | 23% | 12.7× | -4.5% | +9.8% |
| Shanghai Aohua Photoelectricity Endoscope 688212.SS | China | $572M | -19% | +21% | -4% | 647.1× | n/a | n/a |
| Donghua Testing Technology 300354.SZ | China | $574M | -23% | -7% | 18% | 35.0× | 22.6% | +20.9% |
| Merry Electronics 2439.TW | Taiwan | $493M | -26% | +9% | 2% | 17.9× | -5.0% | +6.2% |
| Shanghai W-Ibeda High Tech.Group 688071.SS | China | $586M | +39% | +10% | -6% | 87.0× | 25.1% | +11.0% |
| Integrated Electronic Systems Lab Co 002339.SZ | China | $486M | -34% | +11% | -2% | n/a | 15.8% | +8.2% |
| Wiscom System 002090.SZ | China | $485M | -27% | -4% | 1% | n/a | 34.3% | -3.4% |
| Babcock & Wilcox Enterprises BW | United States | $484M | -78% | +40% | 4% | 12.2× | n/a | n/a |
| NanJing GOVA Technology 688539.SS | China | $589M | -43% | -9% | -18% | 49.1× | n/a | n/a |
| Guangzhou KingTeller Technology 002177.SZ | China | $590M | -31% | -9% | -17% | n/a | n/a | n/a |