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← CockpitCompetitor Analysis › 6908.T IRISO Electronics Co., Ltd.Open in the cockpit ↗

IRISO Electronics Co., Ltd.6908.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Electronic Components
Momentum laggard 13
Mkt cap
$359M
US dollars, full cap
Free float
66%
of shares outstanding
$/day
$3.95M
20-day average traded
Fwd P/E
19.5×
forward earnings
ROIC−WACC
-0.1 pp
WACC 6.8%
Hurdle
-19 pp
Req g minus delivered
Next earnings
7 days
13 Nov 2026
Close · JPY¥2,420
1D-6.5%
1W-9.3%
1M-16.3%
3M-12.4%
6M-28.2%
YTD-24.7%
1Y-21.0%
ATR %3.9%
52w lowhigh37.2% off high

What IRISO Electronics does

Employees: 2,842

IRISO Electronics at a glance

Size IRISO Electronics (6908.T) is a Japan Information Technology company (Electronic Components) with a market value of $359M, the 1248th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,420 on 6 Nov 2026.

Performance Over six months the shares fell 28.2%, against -18.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 9.7% over the last twelve months (peer median +8.3%); the operating margin is 8.8% (peer median 4.3%).

Valuation It trades at 19.5× forward earnings against a peer median of 11.0× (2nd most expensive of 9).

Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -19 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.1 points below its cost of capital (6.8% WACC).

Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 806908.T 74
Six months, rebased to 100: IRISO Electronics against the median of its 20 peers (local-currency closes).

IRISO Electronics financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥62.0B¥62.0B¥56.4B¥55.8B¥52.3B
Revenue growth—+10%+1%+7%—
Gross profit¥17.6B¥17.6B¥18.0B¥17.1B¥17.2B
EBITDA¥12.3B¥12.3B¥12.6B¥12.3B¥13.0B
Net income¥2.55B¥2.55B¥2.51B¥5.34B¥5.28B
Free cash flown/a¥5.58B¥3.41B¥4.95B¥4.94B
Capital expendituren/a¥5.49B¥8.75B¥9.02B¥8.33B
Total debt¥10.2B¥10.2B¥10.2B¥7.75B¥3.43B

Quarterly statements and history in the cockpit →

IRISO Electronics competitor charts

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.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-40%-20%0%620949274771PACT1300025540301329305530886768MEI2478603633126340090460000670300032688592805064496908.T6-month return →1-month return →
Up and to the right = strong over both horizons. IRISO Electronics is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%5×10×15×20×4771PACT0255403088676860363309046064496908.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. IRISO Electronics is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%-10%0%10%20%PACT1300308824780904600006703000326908.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. IRISO Electronics is the large dot.

IRISO Electronics competitors and peer comparison

How IRISO Electronics compares with its peers

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.

IRISO Electronics against its 20 peers (data as of 6 Nov 2026)
Measure6908.TPeer medianRank in peer set
1-month return-16.3%-21.8%9th highest of 21
6-month return-28.2%-18.3%8th lowest of 21
Distance from 52-week high-37.2%-47.9%5th highest of 21
Revenue growth (TTM)+9.7%+8.3%10th highest of 21
Operating margin8.8%4.3%7th highest of 21
Forward P/E19.5×11.0×2nd most expensive of 9
Growth the price implies (Req g, 7 yrs)-7.6%-5.8%4th least demanding of 8
Growth delivered (Del g)+11.1%+0.1%2nd highest of 8
Hurdle (Req g minus delivered)-18.7 pp-11.0 pp2nd least demanding of 8
ROIC minus cost of capital-0.1 pp-3.1 pp8th highest of 21
EV / EBITDA3.1×9.0×2nd cheapest of 14
Net debt / EBITDA-1.5×1.4×least indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
IRISO Electronics 6908.TJapan$359M-28%+10%9%19.5×-7.6%+11.1%
Kinko Optical 6209.TWTaiwan$359M-5%+67%11%n/an/an/a
Apex International 4927.TWTaiwan$359M-24%-10%-22%n/an/an/a
Vizionfocus 4771.TWTaiwan$355M+8%+26%29%10.2×n/an/a
Proact IT PACT.STSweden$354M+8%+4%7%11.7×-5.8%+5.2%
Trigiant 1300.HKHong Kong$368M-1%+26%12%n/a-13.0%-2.4%
Korea Electric Terminal 025540.KSSouth Korea$369M-45%-4%8%5.1×n/an/a
Singatron Electronic (China) 301329.SZChina$372M-35%+37%5%n/an/an/a
Spirox 3055.TWTaiwan$377M+47%+4%-55%n/an/an/a
Axiomtek 3088.TWOTaiwan$340M-14%+35%12%11.8×-3.5%+8.8%
Tamura 6768.TJapan$339M-22%+8%4%9.3×n/an/a
Methode Electronics MEIUnited States$384M+12%+1%1%n/an/an/a
Ta-I Technology 2478.TWTaiwan$388M+16%+8%14%n/a13.2%+0.1%
Shanghai Laimu Electronics 603633.SSChina$394M-26%+2%-12%19.9×n/an/a
Vinatech Co 126340.KSSouth Korea$395M-56%+66%2%n/an/an/a
BH Co., Ltd. 090460.KSSouth Korea$319M-60%+9%4%6.0×-13.0%+20.0%
Youngpoong 000670.KSSouth Korea$406M-54%+40%-2%n/a-14.5%-1.8%
Jinlong Machinery & Electronic 300032.SZChina$411M-35%-18%-4%n/a12.4%-2.0%
ComNav Technology 688592.SSChina$312M-38%+16%-3%n/an/an/a
iBASE Technology 8050.TWOTaiwan$312M+17%-5%2%n/an/an/a
APAQ Technology 6449.TWTaiwan$414M-13%+23%18%14.7×n/an/a

Questions

Which companies are IRISO Electronics's closest peers?
The cockpit's peer set: Kinko Optical (6209.TW), Apex International (4927.TW), Vizionfocus (4771.TW), Proact IT (PACT.ST), Trigiant (1300.HK), Korea Electric Terminal (025540.KS), Singatron Electronic (China) (301329.SZ), Spirox (3055.TW).
Is IRISO Electronics expensive compared with its peers?
On forward p/e it trades at 19.5× against a peer median of 11.0×, 2nd most expensive of 9 in its peer set. For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -19 pp: the price already allows for a slowdown.
How has IRISO Electronics stock performed?
Over six months to 6 Nov 2026 the shares returned -28.2% against -18.3% for the median peer; over one year -21.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.