Employees: 2,722
Size Hochiki (6745.T) is a Japan Information Technology company (Computer Communications) with a market value of $952M, the 755th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,932 on 6 Nov 2026.
Performance Over six months the shares gained 0.3%, against -3.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 4.8% over the last twelve months (peer median +6.5%); the operating margin is 11.7% (peer median 3.3%).
Valuation It trades at 14.7× forward earnings against a peer median of 18.1× (6th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 12.1 points above its cost of capital (7.9% WACC).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥107B | ¥106B | ¥101B | ¥93.5B | ¥85.5B |
| Revenue growth | — | +5% | +8% | +9% | — |
| Gross profit | ¥42.9B | ¥41.7B | ¥37.2B | ¥32.2B | ¥27.8B |
| EBITDA | ¥14.2B | ¥13.7B | ¥11.0B | ¥8.94B | ¥7.00B |
| Net income | ¥9.76B | ¥9.38B | ¥7.65B | ¥5.66B | ¥4.42B |
| Free cash flow | n/a | ¥9.36B | ¥10.4B | -¥685M | -¥1.62B |
| Capital expenditure | n/a | ¥1.98B | ¥1.99B | ¥1.82B | ¥2.29B |
| Total debt | ¥1.95B | ¥1.23B | ¥1.27B | ¥1.14B | ¥666M |
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 | 6745.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.7% | -9.4% | 7th highest of 21 |
| 6-month return | +0.3% | -3.2% | 9th highest of 21 |
| Distance from 52-week high | -18.0% | -30.4% | 7th highest of 21 |
| Revenue growth (TTM) | +4.8% | +6.5% | 8th lowest of 21 |
| Operating margin | 11.7% | 3.3% | 3rd highest of 21 |
| Forward P/E | 14.7× | 18.1× | 6th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -0.1% | 17.5% | 6th least demanding of 15 |
| Growth delivered (Del g) | +6.7% | +4.0% | 6th highest of 15 |
| Hurdle (Req g minus delivered) | -6.8 pp | +9.6 pp | 6th least demanding of 15 |
| ROIC minus cost of capital | +12.1 pp | -3.7 pp | 4th highest of 21 |
| EV / EBITDA | 8.8× | 10.9× | 3rd cheapest of 7 |
| Net debt / EBITDA | -1.7× | -1.1× | 4th least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hochiki 6745.T | Japan | $952M | 0% | +5% | 12% | 14.7× | -0.1% | +6.7% |
| Guangdong Shenglu Telecommunication Tech 002446.SZ | China | $928M | -32% | -10% | 0% | 16.9× | 43.5% | +1.0% |
| Shenzhen BSC Technology 300951.SZ | China | $1.11B | +33% | +16% | -5% | 19.3× | n/a | n/a |
| Radware RDWR | United States | $1.26B | +9% | +11% | 4% | 22.0× | 32.4% | +3.8% |
| Nedap NEDAP.AS | Netherlands | $691M | +6% | +13% | 12% | 19.8× | -3.6% | +8.1% |
| Seojin System 178320.KS | South Korea | $1.33B | -52% | +9% | -5% | n/a | n/a | n/a |
| Guangdong Champion Asia Electronics 603386.SS | China | $670M | +3% | +15% | 3% | 36.2× | n/a | n/a |
| Jade Bird Integrated Technologies 002960.SZ | China | $1.40B | -12% | -5% | 6% | 23.8× | 12.0% | +13.2% |
| Nippon Signal 6741.T | Japan | $645M | -3% | +10% | 11% | 8.8× | -7.9% | +4.2% |
| Nohmi Bosai 6744.T | Japan | $1.58B | 0% | +6% | 14% | 16.9× | -4.4% | +5.3% |
| Zero One Technology 3029.TW | Taiwan | $566M | +10% | +76% | 6% | 14.3× | -9.2% | +20.4% |
| Sekisui Jushi 4212.T | Japan | $516M | +28% | +5% | 7% | n/a | 1.8% | +3.8% |
| Cheng Uei Precision Industry 2392.TW | Taiwan | $499M | -8% | -10% | -12% | n/a | n/a | n/a |
| Wuhan Ligong Guangke 300557.SZ | China | $461M | -28% | +3% | 5% | n/a | 31.7% | +11.1% |
| Beijing Bohui Science & Technology 688004.SS | China | $455M | +63% | -33% | -42% | n/a | 39.5% | -9.9% |
| Allot ALLT | United States | $422M | +10% | +14% | 7% | 24.2× | 23.1% | -5.6% |
| Zyxel 3704.TW | Taiwan | $414M | -4% | +5% | 5% | 9.1× | -5.7% | +2.6% |
| Wanma Technology 300698.SZ | China | $397M | -48% | +6% | 3% | 30.8× | 32.9% | +8.5% |
| Zhongfu Information 300659.SZ | China | $384M | -24% | -28% | -27% | 7.2× | 35.0% | -6.1% |
| Yarward Electronics 301337.SZ | China | $360M | -16% | +20% | -10% | n/a | n/a | n/a |
| Big Technologies BIG.L | United Kingdom | $353M | -14% | +7% | -36% | 14.0× | n/a | n/a |