Japanese processor of platinum-group metals into crucibles, sputtering targets and industrial components for glass, chemical and chip plants.
Japanese processor of platinum-group metals into crucibles, sputtering targets and industrial components for glass, chemical and chip plants.
Makes high-temperature parts from platinum and rhodium alloys that wear out and are replaced over time, so repeat orders and recycling of worn parts support the business. Glass-fibre makers are the main buyers, so demand follows their furnace builds and replacements.
In one line: A niche precious-metals fabricator serving heavy industry.
Moat: narrow (process know-how, customer qualification). Precision fabrication of platinum-group alloys for high-temperature use is a specialized, qualification-heavy skill.
Headquarters: Kyoto, Japan · Founded: 1917 · Employees: 457
Size Furuya Metal (7826.T) is a Japan Information Technology company (Semiconductors) with a market value of $1.26B, the 636th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥7,890 on 6 Nov 2026.
Performance Over six months the shares gained 7.3%, against -27.5% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 74.5% over the last twelve months (peer median +10.9%); the operating margin is 24.8% (peer median 8.0%).
Valuation It trades at 10.3× forward earnings against a peer median of 26.9× (2nd cheapest of 11).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.0 points above its cost of capital (17.1% WACC).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | ¥100B | ¥100B | ¥57.4B | ¥47.5B | ¥48.1B |
| Revenue growth | — | +75% | +21% | -1% | — |
| Gross profit | ¥30.3B | ¥30.3B | ¥14.2B | ¥14.7B | ¥15.4B |
| EBITDA | ¥26.1B | ¥26.1B | ¥10.8B | ¥11.1B | ¥12.4B |
| Net income | ¥16.1B | ¥16.1B | ¥6.47B | ¥7.41B | ¥9.41B |
| Free cash flow | n/a | ¥12.8B | -¥2.99B | ¥1.95B | -¥2.01B |
| Capital expenditure | n/a | ¥3.79B | ¥4.91B | ¥2.13B | ¥2.31B |
| Total debt | ¥14.3B | ¥14.3B | ¥29.2B | ¥22.1B | ¥22.1B |
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 |
|---|---|---|---|---|---|---|
| Furuya Metal 7826.T | $1.26B | +7% | +75% | 25% | 10.3× | 13.3% |
| Furukawa 5715.T | $646M | -24% | +10% | 6% | 12.8× | n/a |
| Johnson Matthey JMAT.L | $4.01B | +14% | +8% | 3% | 13.3× | 9.6% |
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 | 7826.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -33.6% | -32.5% | 11th highest of 21 |
| 6-month return | +7.3% | -27.5% | highest of 20 |
| Distance from 52-week high | -36.3% | -54.2% | 4th highest of 21 |
| Revenue growth (TTM) | +74.5% | +10.9% | 5th highest of 20 |
| Operating margin | 24.8% | 8.0% | 3rd highest of 20 |
| Forward P/E | 10.3× | 26.9× | 2nd cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 13.3% | 24.9% | 5th least demanding of 11 |
| Growth delivered (Del g) | +24.2% | +25.0% | 6th highest of 11 |
| Hurdle (Req g minus delivered) | -10.9 pp | +3.4 pp | 4th least demanding of 11 |
| ROIC minus cost of capital | +3.0 pp | -2.6 pp | 7th highest of 20 |
| EV / EBITDA | 7.9× | 20.3× | 3rd cheapest of 11 |
| Net debt / EBITDA | 0.3× | -0.8× | 4th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Furuya Metal 7826.T | Japan | $1.26B | +7% | +75% | 25% | 10.3× | 13.3% | +24.2% |
| WOLF WOLF | United States | $1.26B | -49% | -12% | -67% | n/a | n/a | n/a |
| Faraday Technology 3035.TW | Taiwan | $1.26B | -9% | -32% | 5% | 29.6× | 25.2% | +26.8% |
| UMS Integration 558.SI | Singapore | $1.25B | -27% | +10% | 21% | 21.1× | 12.8% | +8.8% |
| Pan Jit International 2481.TW | Taiwan | $1.25B | +6% | +9% | 9% | 15.0× | 24.5% | +4.5% |
| Jeju Semiconductor 080220.KS | South Korea | $1.24B | -4% | +284% | 32% | n/a | n/a | n/a |
| Supreme Electronics 8112.TW | Taiwan | $1.24B | -13% | +80% | 3% | n/a | n/a | n/a |
| Karamtara Engineering KARAMTARA.NS | India | $1.28B | n/a | n/a | n/a | n/a | n/a | n/a |
| FADU 440110.KS | South Korea | $1.23B | -58% | +137% | -9% | 44.5× | 43.1% | +156.1% |
| TSE 131290.KS | South Korea | $1.29B | -4% | +37% | 22% | 12.0× | 11.2% | +8.5% |
| Innostar Service 7828.TWO | Taiwan | $1.29B | -18% | +117% | 43% | 53.4× | n/a | n/a |
| Nuvoton Technology 4919.TW | Taiwan | $1.22B | -46% | 0% | -5% | n/a | n/a | n/a |
| LAPLACE Renewable Energy Technology 688726.SS | China | $1.30B | -36% | -22% | 8% | 24.5× | 1.4% | +62.8% |
| Jilin Sino-Microelectronics 600360.SS | China | $1.21B | -15% | +11% | 3% | n/a | n/a | n/a |
| Shenzhen SOFARSOLAR 301658.SZ | China | $1.32B | -41% | +18% | -1% | n/a | 43.2% | +37.3% |
| Hana Micron 067310.KS | South Korea | $1.18B | -39% | +54% | 14% | 6.1× | 0.4% | +23.3% |
| Epiworld International 2726.HK | Hong Kong | $1.17B | -34% | -21% | -11% | n/a | 42.8% | +17.4% |
| Shenzhen Qingyi Photomask 688138.SS | China | $1.35B | -7% | +6% | 16% | 30.3× | n/a | n/a |
| Elite Advanced Laser 3450.TW | Taiwan | $1.36B | -15% | -2% | 16% | n/a | n/a | n/a |
| Luxnet 4979.TWO | Taiwan | $1.36B | -56% | +14% | 19% | 29.3× | 34.7% | +30.3% |
| Axera Semiconductor 0600.HK | Hong Kong | $1.15B | -34% | +19% | -135% | n/a | n/a | n/a |