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← CockpitCompetitor Analysis › 7780.T Menicon Co., Ltd.Open in the cockpit ↗

Menicon Co., Ltd.7780.TCompetitor analysis, valuation and peers

Japan · JPY·Health Care›Medical Specialties
Momentum strong 74
Mkt cap
$854M
US dollars, full cap
Free float
75%
of shares outstanding
$/day
$3.32M
20-day average traded
Fwd P/E
19.3×
forward earnings
ROIC−WACC
+0.6 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
7 days
13 Nov 2026
Close · JPY¥1,816
1D-3.8%
1W-1.0%
1M+0.9%
3M+4.1%
6M+12.1%
YTD+13.7%
1Y+47.6%
ATR %3.0%
52w lowhigh12.9% off high

What Menicon does

Employees: 4,493

Menicon at a glance

Size Menicon (7780.T) is a Japan Health Care company (Medical Specialties) with a market value of $854M, the 813th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,816 on 6 Nov 2026.

Performance Over six months the shares gained 12.1%, against -13.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 5.0% over the last twelve months (peer median +8.1%); the operating margin is 9.2% (peer median 9.6%).

Valuation It trades at 19.3× forward earnings against a peer median of 22.1× (8th cheapest of 17).

Capital Return on invested capital runs 0.6 points above its cost of capital (5.0% WACC).

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

Relative performance

10012011 May 202611 Aug 20266 Nov 20267780.T 112Peer median 86
Six months, rebased to 100: Menicon against the median of its 20 peers (local-currency closes).

Menicon financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥128B¥126B¥121B¥116B¥110B
Revenue growth—+3%+5%+5%—
Gross profit¥69.1B¥67.6B¥65.1B¥61.0B¥58.5B
EBITDA¥22.7B¥21.1B¥18.5B¥16.9B¥19.5B
Net income¥7.16B¥5.92B¥5.60B¥4.54B¥7.38B
Free cash flown/a-¥3.37B-¥77.0M-¥8.24B¥1.31B
Capital expendituren/a¥16.5B¥17.5B¥21.3B¥13.0B
Total debt¥81.5B¥74.2B¥75.1B¥70.8B¥53.6B

Quarterly statements and history in the cockpit →

Menicon 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

-25%0%+25%+50%0%+20%BBNX2190MCAP30466881083600600855KIDS688767AMS603367SFLBVS300463688179773060310800265813020029507780.T6-month return →1-month return →
Up and to the right = strong over both horizons. Menicon is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×50×100×150×2190MCAP30466881083600688767AMS603367SFLBVS3004636881796031080026587780.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Menicon is the large dot.

Menicon competitors and peer comparison

How Menicon 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.

Menicon against its 20 peers (data as of 6 Nov 2026)
Measure7780.TPeer medianRank in peer set
1-month return+0.9%-3.6%7th highest of 21
6-month return+12.1%-13.3%6th highest of 21
Distance from 52-week high-12.9%-34.7%5th highest of 21
Revenue growth (TTM)+5.0%+8.1%10th lowest of 21
Operating margin9.2%9.6%10th lowest of 21
Forward P/E19.3×22.1×8th cheapest of 17
ROIC minus cost of capital+0.6 pp+1.1 pp10th lowest of 21
EV / EBITDA8.0×12.3×3rd cheapest of 11
Net debt / EBITDA2.1×-0.2×2nd most indebted of 12

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
Menicon 7780.TJapan$854M+12%+5%9%19.3×n/an/a
Beta Bionics BBNXUnited States$854M+63%+44%-73%n/an/an/a
Zylox-Tonbridge Medical Technology 2190.HKHong Kong$851M-13%+39%25%15.9×5.5%+105.8%
MedCap MCAP.STSweden$864M+6%+17%15%26.4×2.9%+20.9%
JINS 3046.TJapan$865M-12%+14%10%16.6×-7.2%+11.7%
Sino Medical Sciences Technology 688108.SSChina$868M-35%+22%19%69.2×31.0%+9.9%
Modern Dental 3600.HKHong Kong$871M+19%+12%22%8.8×-7.0%+11.3%
Beijing Aerospace Changfeng 600855.SSChina$832M-35%-10%-19%n/an/an/a
OrthoPediatrics KIDSUnited States$829M+78%+16%-8%n/an/an/a
Hangzhou Biotest Biotech 688767.SSChina$824M+5%-4%3%34.7×n/an/a
Advanced Medical Solutions AMS.LUnited Kingdom$824M+14%+6%12%20.7×19.6%+21.4%
Cisen Pharmaceutical 603367.SSChina$890M-15%-6%8%8.3×-12.9%-1.3%
Safilo SFL.MIItaly$890M+24%-4%9%16.0×-0.5%+4.7%
Bioventus BVSUnited States$894M+1%+4%10%13.1×6.9%+12.1%
Maccura Biotechnology 300463.SZChina$814M-14%-1%-4%164.7×9.2%-10.2%
Shanghai Aladdin Biochemical Technology 688179.SSChina$806M-25%+39%26%30.0×21.1%+24.2%
Mani 7730.TJapan$909M-15%+10%30%18.4×1.5%+13.9%
Shanghai Runda Medical Technology 603108.SSChina$909M-25%-12%-2%25.1×22.2%-0.2%
Beijing SDL Technology 002658.SZChina$910M-21%-13%9%23.6×18.0%+2.9%
LifeTech Scientific 1302.HKHong Kong$914M-18%+1%12%23.5×13.3%+15.5%
Allmed Medical Products 002950.SZChina$798M-39%+14%8%n/an/an/a

Questions

Which companies are Menicon's closest peers?
The cockpit's peer set: Beta Bionics (BBNX), Zylox-Tonbridge Medical Technology (2190.HK), MedCap (MCAP.ST), JINS (3046.T), Sino Medical Sciences Technology (688108.SS), Modern Dental (3600.HK), Beijing Aerospace Changfeng (600855.SS), OrthoPediatrics (KIDS).
Is Menicon expensive compared with its peers?
On forward p/e it trades at 19.3× against a peer median of 22.1×, 8th cheapest of 17 in its peer set.
How has Menicon stock performed?
Over six months to 6 Nov 2026 the shares returned +12.1% against -13.3% for the median peer; over one year +47.6%.

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.