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← CockpitCompetitor Analysis › 7826.T Furuya Metal Co., Ltd.Open in the cockpit ↗

Furuya Metal Co., Ltd.7826.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Semiconductors

Japanese processor of platinum-group metals into crucibles, sputtering targets and industrial components for glass, chemical and chip plants.

≈ A niche precious-metals fabricator serving heavy industryMomentum strong 60
Mkt cap
$1.26B
US dollars, full cap
Free float
61%
of shares outstanding
$/day
$23.9M
20-day average traded
Fwd P/E
10.3×
forward earnings
ROIC−WACC
+3.0 pp
WACC 17.1%
Hurdle
-11 pp
Req g minus delivered
Close · JPY¥7,890
1D-3.0%
1W-22.0%
1M-33.6%
3M+20.8%
6M+7.3%
YTD+124.5%
1Y+170.5%
ATR %9.9%
52w lowhigh36.3% off high

What Furuya Metal does

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.

Products and services

  • Glass-melting crucibles/bushings (Pt/Rh)
  • Sputtering targets
  • Industrial catalysts/components

Customers

  • Glass fiber and specialty-glass makers
  • Semiconductor and chemical plants

Where it sits in the supply chain

  • Materials
  • Precious-metal processing
  • Platinum-group-metal fabrication

What could go right

  • Glass-fiber and EV-battery-material capacity growth

What could go wrong

  • Platinum/rhodium price volatility
  • Customer capex cyclicality

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

Named competitors

Furuya Metal at a glance

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).

Relative performance

10015011 May 202611 Aug 20266 Nov 20267826.T 109Peer median 72
Six months, rebased to 100: Furuya Metal against the median of its 20 peers (local-currency closes).

Furuya Metal financials

Reported figures in JPY; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
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 flown/a¥12.8B-¥2.99B¥1.95B-¥2.01B
Capital expendituren/a¥3.79B¥4.91B¥2.13B¥2.31B
Total debt¥14.3B¥14.3B¥29.2B¥22.1B¥22.1B

Quarterly statements and history in the cockpit →

Furuya Metal 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%-50%-25%0%WOLF3035558248108022081124401101312907828491968872660036030165806731027266881383450497906007826.T6-month return →1-month return →
Up and to the right = strong over both horizons. Furuya Metal is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%20×40×30355582481440110131290782868872606731068813849797826.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Furuya Metal is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%+150%0%50%100%150%30355582481440110131290688726301658067310272649797826.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. Furuya Metal is the large dot.

Furuya Metal competitors and peer comparison

Head to head with its named competitors (7826.T vs 5715.T vs JMAT.L)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq 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%

How Furuya Metal 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.

Furuya Metal against its 20 peers (data as of 6 Nov 2026)
Measure7826.TPeer medianRank 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 margin24.8%8.0%3rd highest of 20
Forward P/E10.3×26.9×2nd 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 pp4th least demanding of 11
ROIC minus cost of capital+3.0 pp-2.6 pp7th highest of 20
EV / EBITDA7.9×20.3×3rd cheapest of 11
Net debt / EBITDA0.3×-0.8×4th most indebted of 13

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
Furuya Metal 7826.TJapan$1.26B+7%+75%25%10.3×13.3%+24.2%
WOLF WOLFUnited States$1.26B-49%-12%-67%n/an/an/a
Faraday Technology 3035.TWTaiwan$1.26B-9%-32%5%29.6×25.2%+26.8%
UMS Integration 558.SISingapore$1.25B-27%+10%21%21.1×12.8%+8.8%
Pan Jit International 2481.TWTaiwan$1.25B+6%+9%9%15.0×24.5%+4.5%
Jeju Semiconductor 080220.KSSouth Korea$1.24B-4%+284%32%n/an/an/a
Supreme Electronics 8112.TWTaiwan$1.24B-13%+80%3%n/an/an/a
Karamtara Engineering KARAMTARA.NSIndia$1.28Bn/an/an/an/an/an/a
FADU 440110.KSSouth Korea$1.23B-58%+137%-9%44.5×43.1%+156.1%
TSE 131290.KSSouth Korea$1.29B-4%+37%22%12.0×11.2%+8.5%
Innostar Service 7828.TWOTaiwan$1.29B-18%+117%43%53.4×n/an/a
Nuvoton Technology 4919.TWTaiwan$1.22B-46%0%-5%n/an/an/a
LAPLACE Renewable Energy Technology 688726.SSChina$1.30B-36%-22%8%24.5×1.4%+62.8%
Jilin Sino-Microelectronics 600360.SSChina$1.21B-15%+11%3%n/an/an/a
Shenzhen SOFARSOLAR 301658.SZChina$1.32B-41%+18%-1%n/a43.2%+37.3%
Hana Micron 067310.KSSouth Korea$1.18B-39%+54%14%6.1×0.4%+23.3%
Epiworld International 2726.HKHong Kong$1.17B-34%-21%-11%n/a42.8%+17.4%
Shenzhen Qingyi Photomask 688138.SSChina$1.35B-7%+6%16%30.3×n/an/a
Elite Advanced Laser 3450.TWTaiwan$1.36B-15%-2%16%n/an/an/a
Luxnet 4979.TWOTaiwan$1.36B-56%+14%19%29.3×34.7%+30.3%
Axera Semiconductor 0600.HKHong Kong$1.15B-34%+19%-135%n/an/an/a

Questions

Who are Furuya Metal's main competitors?
Named competitors: Tanaka Holdings (private or unlisted), Furukawa Co. (5715.T), Johnson Matthey (JMAT.L), Heraeus (private or unlisted). The cockpit's measured peer set (industry) also includes WOLF (WOLF), Faraday Technology (3035.TW), UMS Integration (558.SI), Pan Jit International (2481.TW), Jeju Semiconductor (080220.KS), Supreme Electronics (8112.TW).
Is Furuya Metal expensive compared with its peers?
On forward p/e it trades at 10.3× against a peer median of 26.9×, 2nd cheapest of 11 in its peer set. 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.
How has Furuya Metal stock performed?
Over six months to 6 Nov 2026 the shares returned +7.3% against -27.5% for the median peer; over one year +170.5%.

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.