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Japanese maker of calculators, G-Shock watches and electronic musical instruments/keyboards.
Japanese maker of calculators, G-Shock watches and electronic musical instruments/keyboards.
Watches carry most of the profit, led by G-Shock, and most watch sales are made outside Japan; calculators and school electronics add steady demand from students and offices, and musical instruments are a smaller line. It stopped making digital cameras in 2018 to concentrate on these.
In one line: Japan's Texas Instruments-meets-Fossil for calculators and rugged watches.
Moat: narrow (brand, IP / patents). G-Shock brand strength and durability patents support pricing power in watches.
Headquarters: Tokyo, Japan · Founded: 1946 · Employees: 8,259
Size Casio Computer (6952.T) is a Japan Consumer Discretionary company (Electronics/Appliances) with a market value of $2.74B, the 389th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,972 on 6 Nov 2026.
Performance Over six months the shares gained 24.3%, against -3.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 11.5% over the last twelve months (peer median +0.7%); the operating margin is 11.1% (peer median 7.0%).
Valuation It trades at 15.9× forward earnings against a peer median of 18.8× (7th cheapest of 20).
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 +4%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.8 points above its cost of capital (7.3% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥289B | ¥276B | ¥262B | ¥269B | ¥264B |
| Revenue growth | — | +6% | -3% | +2% | — |
| Gross profit | ¥134B | ¥119B | ¥110B | ¥113B | ¥109B |
| EBITDA | ¥42.4B | ¥33.5B | ¥25.1B | ¥26.1B | ¥29.1B |
| Net income | ¥23.9B | ¥18.2B | ¥8.06B | ¥11.9B | ¥13.1B |
| Free cash flow | n/a | ¥17.3B | ¥12.6B | ¥25.9B | ¥6.70B |
| Capital expenditure | n/a | ¥16.6B | ¥8.38B | ¥9.92B | ¥11.0B |
| Total debt | ¥42.4B | ¥51.1B | ¥48.8B | ¥56.6B | ¥53.8B |
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 |
|---|---|---|---|---|---|---|
| Casio Computer 6952.T | $2.74B | +24% | +12% | 11% | 15.9× | 0.2% |
| Seiko 8050.T | $4.71B | +54% | +16% | 11% | 21.0× | 24.4% |
| Citizen Watch 7762.T | $2.90B | +3% | +17% | 10% | 12.8× | 10.1% |
| Yamaha 7951.T | $3.39B | +7% | +5% | 8% | 15.8× | -1.7% |
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 | 6952.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.3% | +0.3% | 4th lowest of 21 |
| 6-month return | +24.3% | -3.0% | 3rd highest of 21 |
| Distance from 52-week high | -22.3% | -30.1% | 10th highest of 21 |
| Revenue growth (TTM) | +11.5% | +0.7% | 5th highest of 21 |
| Operating margin | 11.1% | 7.0% | 6th highest of 21 |
| Forward P/E | 15.9× | 18.8× | 7th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 0.2% | 4.5% | 5th least demanding of 15 |
| Growth delivered (Del g) | +4.0% | +8.2% | 6th lowest of 15 |
| Hurdle (Req g minus delivered) | -3.8 pp | -4.4 pp | 6th most demanding of 15 |
| ROIC minus cost of capital | +8.8 pp | +0.4 pp | 6th highest of 21 |
| EV / EBITDA | 7.9× | 12.0× | 4th cheapest of 8 |
| Net debt / EBITDA | -2.3× | 1.7× | least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Casio Computer 6952.T | Japan | $2.74B | +24% | +12% | 11% | 15.9× | 0.2% | +4.0% |
| Kingclean Electric 603355.SS | China | $2.79B | +4% | -2% | 8% | 35.9× | 4.4% | +9.4% |
| IMAX IMAX | United States | $2.61B | +35% | +15% | 23% | 18.8× | 12.2% | +24.5% |
| Joyoung 002242.SZ | China | $2.87B | +131% | -7% | -1% | 159.7× | n/a | n/a |
| Electrolux ELUX-A.ST | Sweden | $2.50B | +11% | -3% | -1% | 18.1× | 1.2% | +2.6% |
| Cowell e 1415.HK | Hong Kong | $2.38B | -33% | +15% | 7% | 9.8× | -10.3% | +36.2% |
| Nikon 7731.T | Japan | $3.17B | -12% | -4% | -2% | 45.4× | n/a | n/a |
| Theon International THEON.AS | Netherlands | $2.36B | -10% | +32% | 23% | 17.1× | 18.7% | +52.2% |
| Shanghai Flyco Electrical Appliance 603868.SS | China | $2.34B | +4% | +1% | 17% | 24.2× | 4.6% | +1.5% |
| Hangzhou Robam Appliances 002508.SZ | China | $2.28B | -10% | -18% | 8% | 14.4× | 6.3% | +4.5% |
| Breville BRG.AX | Australia | $3.33B | +13% | +7% | 11% | 31.1× | 26.4% | +8.8% |
| Seb SK.PA | France | $3.55B | +8% | -1% | 8% | 12.1× | -0.8% | +3.3% |
| Whirlpool WHR | United States | $2.01B | -32% | -6% | 2% | n/a | n/a | n/a |
| Spectrum Brands SPB | United States | $1.99B | +6% | +1% | 9% | 17.1× | -2.5% | +1.4% |
| Sonos SONO | United States | $1.94B | +9% | +6% | 6% | 149.2× | 17.3% | +1.7% |
| Ecovacs Robotics 603486.SS | China | $4.22B | -25% | +10% | 7% | 14.5× | 16.2% | +21.4% |
| Hisense Home Appliances 0921.HK | Hong Kong | $4.26B | -24% | -6% | 3% | 9.3× | -13.5% | +11.9% |
| Shenzhen MTC 002429.SZ | China | $4.30B | -42% | +3% | 7% | 22.1× | n/a | n/a |
| Tatung 2371.TW | Taiwan | $1.70B | -15% | +8% | 4% | 10.0× | n/a | n/a |
| Edifier Technology 002351.SZ | China | $1.60B | +8% | -1% | 18% | 22.3× | 3.0% | +7.6% |
| Sichuan Jiuzhou Electric 000801.SZ | China | $1.58B | -19% | +20% | 3% | 45.1× | n/a | n/a |