Loading…
Japanese maker of PC/mobile peripherals and accessories such as mice, cables, cases and smart-home devices.
Japanese maker of PC/mobile peripherals and accessories such as mice, cables, cases and smart-home devices.
Designs products and outsources manufacturing to partners in China and elsewhere in Asia, then sells mainly through electronics retailers and online marketplaces, so profit depends on picking products and managing stock. A very wide catalogue means no single item matters much, and new device launches create fresh accessory demand.
In one line: Japan's Logitech/Belkin.
Moat: narrow (brand, distribution). Leading Japanese PC-accessory brand with broad retail distribution, though products are commoditized.
Headquarters: Osaka, Japan · Founded: 1986 · Employees: 2,077
Size Elecom (6750.T) is a Japan Information Technology company (Computer Peripherals) with a market value of $1.07B, the 704th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,851 on 6 Nov 2026.
Performance Over six months the shares gained 14.2%, against -21.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 15.4% over the last twelve months (peer median +8.7%); the operating margin is 11.9% (peer median 1.0%).
Valuation It trades at 12.1× forward earnings against a peer median of 17.7× (3rd cheapest of 10).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 17.5 points above its cost of capital (6.3% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥137B | ¥132B | ¥118B | ¥110B | ¥104B |
| Revenue growth | — | +12% | +7% | +6% | — |
| Gross profit | ¥54.3B | ¥52.4B | ¥46.2B | ¥42.6B | ¥38.3B |
| EBITDA | ¥20.0B | ¥19.3B | ¥17.3B | ¥15.6B | ¥14.1B |
| Net income | ¥21.3B | ¥20.2B | ¥9.30B | ¥9.98B | ¥8.13B |
| Free cash flow | ¥5.98B | ¥5.43B | ¥14.1B | ¥7.32B | ¥2.97B |
| Capital expenditure | ¥4.71B | ¥4.75B | ¥3.63B | ¥3.10B | ¥6.75B |
| Total debt | ¥1.24B | ¥536M | ¥543M | ¥523M | ¥500M |
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 |
|---|---|---|---|---|---|---|
| Elecom 6750.T | $1.07B | +14% | +15% | 12% | 12.1× | -9.4% |
| Logitech International LOGN.SW | $13.2B | -1% | -1% | 18% | 16.8× | -5.7% |
| Buffalo 6676.T | $458M | +23% | -19% | 8% | 9.3× | -10.5% |
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 | 6750.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.1% | -10.2% | 10th highest of 21 |
| 6-month return | +14.2% | -21.0% | 3rd highest of 21 |
| Distance from 52-week high | -11.1% | -42.2% | 2nd highest of 21 |
| Revenue growth (TTM) | +15.4% | +8.7% | 8th highest of 21 |
| Operating margin | 11.9% | 1.0% | 4th highest of 21 |
| Forward P/E | 12.1× | 17.7× | 3rd cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | -9.4% | 25.3% | 2nd least demanding of 10 |
| Growth delivered (Del g) | +4.3% | +4.9% | 5th lowest of 10 |
| Hurdle (Req g minus delivered) | -13.7 pp | +20.7 pp | 3rd least demanding of 10 |
| ROIC minus cost of capital | +17.5 pp | -4.9 pp | highest of 20 |
| EV / EBITDA | 5.3× | 8.2× | 2nd cheapest of 6 |
| Net debt / EBITDA | -3.1× | -0.8× | 3rd least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Elecom 6750.T | Japan | $1.07B | +14% | +15% | 12% | 12.1× | -9.4% | +4.3% |
| Chengdu Galaxy Magnets 300127.SZ | China | $1.06B | -30% | +29% | 21% | 39.8× | 25.3% | +7.4% |
| Global Brands Manufacture 6191.TW | Taiwan | $1.09B | -28% | +49% | 8% | 9.2× | n/a | n/a |
| Plover Bay Technologies 1523.HK | Hong Kong | $959M | -22% | +16% | 42% | 17.7× | 3.8% | +19.9% |
| Hitevision 002955.SZ | China | $928M | +2% | -2% | 3% | 15.4× | n/a | n/a |
| Mirle Automation 2464.TW | Taiwan | $928M | +19% | -4% | 1% | 56.5× | n/a | n/a |
| FIH Mobile 2038.HK | Hong Kong | $1.24B | -51% | +17% | 1% | n/a | -11.2% | -5.6% |
| Beijing Certificate Authority 300579.SZ | China | $912M | -15% | -11% | -11% | n/a | 29.0% | -0.4% |
| Hua Ying Technology (Group) 000536.SZ | China | $1.27B | -23% | -13% | -54% | n/a | 47.9% | -8.6% |
| NSFOCUS Technologies 300369.SZ | China | $1.29B | +45% | +8% | -4% | 266.0× | 38.1% | +4.9% |
| Ai Holdings Corporation 3076.T | Japan | $885M | +10% | +28% | 13% | 16.9× | -6.9% | +13.0% |
| Scantech (Hangzhou) 688583.SS | China | $1.31B | -20% | +4% | 1% | n/a | n/a | n/a |
| ShunSin Technology 6451.TW | Taiwan | $866M | -53% | +8% | 4% | n/a | n/a | n/a |
| Visionox Technology 002387.SZ | China | $1.35B | -20% | -1% | -35% | n/a | 50.6% | +18.9% |
| Shandong New Beiyang Information Technology 002376.SZ | China | $794M | -9% | +21% | 0% | n/a | 23.8% | +3.1% |
| Toyou Feiji Electronics 300302.SZ | China | $1.49B | -24% | +5% | -15% | n/a | n/a | n/a |
| Nancal Technology 603859.SS | China | $1.49B | -5% | +10% | 12% | 42.5× | n/a | n/a |
| Shenzhen Rapoo Technology 002577.SZ | China | $754M | +4% | +11% | -2% | n/a | n/a | n/a |
| Primax Electronics 4915.TW | Taiwan | $744M | -29% | +9% | 4% | 10.5× | n/a | n/a |
| Fujian Furi Electronics 600203.SS | China | $736M | -32% | +35% | 0% | n/a | n/a | n/a |
| InfoVision Optoelectronics (Kunshan) 688055.SS | China | $1.56B | -23% | -24% | -19% | n/a | n/a | n/a |