Which companies are Noritsu Koki's closest peers?

The cockpit's peer set: Arlo Technologies (ARLO), Zhejiang Chengchang Technology (001270.SZ), Vistance Networks (VISN), Hwa Create (300045.SZ), Tianjin 712 Communication & Broadcasting (603712.SS), Adtran Networks (ADV.DE), Hanwha Vision (489790.KS), Shenzhen Gongjin Electronics (603118.SS).

How has Noritsu Koki stock performed?

Over six months to 6 Nov 2026 the shares returned -7.3% against -21.8% for the median peer; over one year +9.5%.

← CockpitCompetitor Analysis › 7744.T Noritsu Koki Co., Ltd.Open in the cockpit ↗

Noritsu Koki Co., Ltd.7744.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Telecommunications Equipment

Japanese precision equipment maker, historically the world's leading photo-processing 'minilab' printer maker, now diversified into other precision manufacturing.

Momentum neutral 44

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.31B

US dollars, full cap

Free float

48%

of shares outstanding

$/day

$4.10M

20-day average traded

Fwd P/E

9.9×

forward earnings

ROIC−WACC

+1.9 pp

WACC 6.1%

Hurdle

-24 pp

Req g minus delivered

Next earnings

7 days

13 Nov 2026

Close · JPY¥1,927

1D-6.2%

1W-7.8%

1M-3.2%

3M-2.7%

6M-7.3%

YTD+3.8%

1Y+9.5%

ATR %3.2%

52w lowhigh18.4% off high

What Noritsu Koki does

Japanese precision equipment maker, historically the world's leading photo-processing 'minilab' printer maker, now diversified into other precision manufacturing.

Products and services

Photo-processing minilab equipment (legacy)
Precision manufacturing equipment

Where it sits in the supply chain

Precision equipment manufacturing

Moat: none

Headquarters: Wakayama, Japan · Founded: 1951 · Employees: 1,344

Noritsu Koki at a glance

Size Noritsu Koki (7744.T) is a Japan Information Technology company (Telecommunications Equipment) with a market value of $1.31B, the 625th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,927 on 6 Nov 2026.

Performance Over six months the shares fell 7.3%, against -21.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 19 in its peer set.

Growth Revenue grew 33.1% over the last twelve months (peer median +14.3%); the operating margin is 19.9% (peer median 6.1%).

Valuation It trades at 9.9× forward earnings against a peer median of 14.7× (2nd cheapest of 12).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -24 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.9 points above its cost of capital (6.1% WACC).

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

Relative performance

Six months, rebased to 100: Noritsu Koki against the median of its 20 peers (local-currency closes).

Noritsu Koki financials

Reported figures in JPY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥146B	¥119B	¥107B	¥90.1B	¥73.5B
Revenue growth	—	+12%	+18%	+22%	—
Gross profit	¥72.5B	¥55.7B	¥48.8B	¥37.4B	¥26.6B
EBITDA	¥36.5B	¥26.8B	¥25.3B	¥18.6B	¥12.0B
Net income	¥20.8B	¥15.6B	¥16.1B	¥10.2B	¥827M
Free cash flow	¥19.3B	¥18.5B	¥31.6B	-¥32.9B	¥10.5B
Capital expenditure	¥5.62B	¥2.92B	¥1.64B	¥2.03B	¥1.96B
Total debt	¥83.0B	¥33.6B	¥37.4B	¥42.6B	¥51.1B

Quarterly statements and history in the cockpit →

Noritsu Koki 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

Up and to the right = strong over both horizons. Noritsu Koki is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Noritsu Koki is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Noritsu Koki is the large dot.

Noritsu Koki competitors and peer comparison

How Noritsu Koki 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.

Noritsu Koki against its 20 peers (data as of 6 Nov 2026)
Measure	7744.T	Peer median	Rank in peer set
1-month return	-3.2%	-5.8%	8th highest of 20
6-month return	-7.3%	-21.8%	3rd highest of 19
Distance from 52-week high	-18.4%	-43.4%	2nd highest of 20
Revenue growth (TTM)	+33.1%	+14.3%	2nd highest of 21
Operating margin	19.9%	6.1%	3rd highest of 21
Forward P/E	9.9×	14.7×	2nd cheapest of 12
Growth the price implies (Req g, 7 yrs)	-6.9%	11.3%	2nd least demanding of 12
Growth delivered (Del g)	+16.8%	+8.2%	5th highest of 12
Hurdle (Req g minus delivered)	-23.7 pp	+4.2 pp	2nd least demanding of 12
ROIC minus cost of capital	+1.9 pp	-1.8 pp	10th highest of 21
EV / EBITDA	6.1×	14.6×	2nd cheapest of 9
Net debt / EBITDA	0.5×	-0.5×	2nd most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Noritsu Koki 7744.T	Japan	$1.31B	-7%	+33%	20%	9.9×	-6.9%	+16.8%
Arlo Technologies ARLO	United States	$1.33B	-19%	+16%	3%	13.8×	32.6%	+8.2%
Zhejiang Chengchang Technology 001270.SZ	China	$1.34B	-37%	-1%	27%	100.9×	44.0%	+18.3%
Vistance Networks VISN	United States	$1.27B	-35%	-38%	12%	8.7×	-4.6%	-25.5%
Hwa Create 300045.SZ	China	$1.35B	-39%	-7%	-20%	n/a	n/a	n/a
Tianjin 712 Communication & Broadcasting 603712.SS	China	$1.41B	-25%	+27%	-17%	31.1×	n/a	n/a
Adtran Networks ADV.DE	Germany	$1.21B	-10%	+15%	-3%	113.3×	-2.7%	-3.1%
Hanwha Vision 489790.KS	South Korea	$1.41B	-56%	+20%	11%	10.4×	n/a	n/a
Shenzhen Gongjin Electronics 603118.SS	China	$1.42B	-18%	+21%	2%	n/a	n/a	n/a
Furuno Electric 6814.T	Japan	$1.42B	-1%	+14%	13%	13.0×	7.4%	+11.3%
Hubei Jiuzhiyang Infrared System 300516.SZ	China	$1.18B	-15%	-7%	-8%	n/a	20.4%	-1.0%
CITIC Guoan Information Industry 000839.SZ	China	$1.45B	-17%	+14%	7%	n/a	11.3%	+7.0%
Chengdu CORPRO Technology 300101.SZ	China	$1.07B	-35%	-25%	-18%	14.7×	n/a	n/a
Shenzhen Infinova 002528.SZ	China	$1.06B	+23%	-29%	-77%	n/a	n/a	n/a
Shenzhen SDMC Technology 0901.HK	Hong Kong	$1.61B	n/a	+33%	10%	n/a	n/a	n/a
FS.COM 3355.HK	Hong Kong	$1.63B	-27%	+14%	23%	n/a	-11.0%	+19.4%
Tozed Kangwei Tech 301718.SZ	China	$1.05B	n/a	+43%	5%	n/a	n/a	n/a
Flaircomm Microelectronics 301600.SZ	China	$1.04B	-35%	+19%	9%	32.0×	27.2%	+29.1%
Harmonic HLIT	United States	$1.04B	-26%	-21%	15%	11.6×	10.0%	-1.0%
Sumavision Technologies 300079.SZ	China	$1.01B	-14%	-6%	-8%	n/a	n/a	n/a
Invisio IVSO.ST	Sweden	$1.00B	-15%	+24%	18%	39.8×	13.2%	+26.7%

Questions

Which companies are Noritsu Koki's closest peers?: The cockpit's peer set: Arlo Technologies (ARLO), Zhejiang Chengchang Technology (001270.SZ), Vistance Networks (VISN), Hwa Create (300045.SZ), Tianjin 712 Communication & Broadcasting (603712.SS), Adtran Networks (ADV.DE), Hanwha Vision (489790.KS), Shenzhen Gongjin Electronics (603118.SS).
Is Noritsu Koki expensive compared with its peers?: On forward p/e it trades at 9.9× against a peer median of 14.7×, 2nd cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -24 pp: the price already allows for a slowdown.
How has Noritsu Koki stock performed?: Over six months to 6 Nov 2026 the shares returned -7.3% against -21.8% for the median peer; over one year +9.5%.