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Japanese trading company importing and distributing machine tools and industrial machinery to manufacturers.
Japanese trading company importing and distributing machine tools and industrial machinery to manufacturers.
In one line: An industrial machine-tool distributor/importer.
Moat: none (distribution). Long-standing supplier agreements with machine-tool makers, but distribution is a thin-margin, competitive business.
Headquarters: Osaka, Japan · Founded: 1946 · Employees: 3,309
Size Yamazen (8051.T) is a Japan Industrials company (Wholesale Distributors) with a market value of $978M, the 743rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,736 on 6 Nov 2026.
Performance Over six months the shares gained 12.7%, against -19.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 7.2% over the last twelve months (peer median +11.3%); the operating margin is 2.4% (peer median 5.2%).
Valuation It trades at 0.2× enterprise value to sales against a peer median of 0.8× (2nd cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -11 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.9 points above its cost of capital (5.6% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥562B | ¥542B | ¥516B | ¥507B | ¥527B |
| Revenue growth | — | +5% | +2% | -4% | — |
| Gross profit | ¥86.3B | ¥83.0B | ¥77.0B | ¥74.4B | ¥78.3B |
| EBITDA | ¥18.7B | ¥17.2B | ¥14.3B | ¥14.2B | ¥19.9B |
| Net income | ¥9.42B | ¥9.33B | ¥7.84B | ¥6.49B | ¥12.5B |
| Free cash flow | n/a | ¥799M | ¥3.69B | ¥9.05B | ¥4.56B |
| Capital expenditure | n/a | ¥5.27B | ¥5.24B | ¥2.41B | ¥3.35B |
| Total debt | ¥50.8B | ¥58.6B | ¥13.1B | ¥13.6B | ¥14.2B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Yamazen 8051.T | $978M | +13% | +7% | 2% | 0.2× | -6.3% |
| Inaba Denkisangyo 9934.T | $1.82B | -4% | +15% | 8% | 0.4× | -11.9% |
| MISUMI 9962.T | $6.25B | +3% | +24% | 13% | 1.7× | 9.3% |
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 | 8051.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.8% | -10.9% | 5th lowest of 21 |
| 6-month return | +12.7% | -19.2% | 3rd highest of 21 |
| Distance from 52-week high | -16.0% | -34.3% | 5th highest of 21 |
| Revenue growth (TTM) | +7.2% | +11.3% | 9th lowest of 20 |
| Operating margin | 2.4% | 5.2% | 7th lowest of 20 |
| EV / Sales | 0.2× | 0.8× | 2nd cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -6.3% | -1.3% | 3rd least demanding of 12 |
| Growth delivered (Del g) | +4.5% | +9.2% | 3rd lowest of 12 |
| Hurdle (Req g minus delivered) | -10.8 pp | -8.6 pp | 6th least demanding of 12 |
| ROIC minus cost of capital | +3.9 pp | +1.8 pp | 4th highest of 20 |
| Net debt / EBITDA | -2.7× | 0.7× | 3rd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yamazen 8051.T | Japan | $978M | +13% | +7% | 2% | 0.2× | -6.3% | +4.5% |
| Trusco Nakayama 9830.T | Japan | $958M | +6% | +10% | 7% | 0.6× | n/a | n/a |
| Deep Source 0990.HK | Hong Kong | $1.00B | -31% | +7% | 2% | 0.2× | -13.6% | +6.1% |
| Totech 9960.T | Japan | $1.00B | 0% | +6% | 10% | 0.9× | 5.4% | +9.2% |
| Hangzhou Cogeneration 605011.SS | China | $956M | -23% | -1% | 5% | 2.2× | n/a | n/a |
| State Power Rixin Technology 301162.SZ | China | $944M | -25% | +12% | 17% | 8.2× | 22.6% | +23.8% |
| Dlg Exhibitions & Events 600826.SS | China | $944M | -9% | +2% | 15% | 2.8× | 6.9% | -11.5% |
| Huludao Zinc Industry 000751.SZ | China | $943M | -36% | +17% | 1% | 0.5× | n/a | n/a |
| Auto Partner APR.WA | Poland | $928M | +26% | +67% | 8% | 0.6× | -5.0% | +21.5% |
| China Agricultural Development Seed 600313.SS | China | $1.04B | -16% | +35% | 1% | 0.8× | 21.8% | +12.7% |
| Beijing Geekplus Technology 2590.HK | Hong Kong | $1.05B | -67% | +33% | 0% | 1.5× | n/a | n/a |
| Lx International 001120.KS | South Korea | $913M | -35% | +11% | 2% | 0.1× | n/a | n/a |
| Wah Lee Industrial 3010.TW | Taiwan | $910M | -15% | +6% | 4% | 0.5× | -6.5% | +5.8% |
| Zhejiang Songyuan Automotive Safety Systems 300893.SZ | China | $1.06B | -34% | +27% | 12% | 2.8× | n/a | n/a |
| Supply Network SNL.AX | Australia | $1.06B | +12% | +16% | 17% | 3.9× | 11.7% | +19.9% |
| BayWa BYW.DE | Germany | $1.07B | -58% | n/a | n/a | n/a | n/a | n/a |
| Mitsuuroko 8131.T | Japan | $893M | +26% | 0% | 3% | 0.4× | -3.7% | +8.4% |
| Matsuda Sangyo 7456.T | Japan | $891M | -12% | +49% | 4% | 0.2× | n/a | n/a |
| Superior Plus SPB.TO | Canada | $890M | -22% | -7% | 8% | 1.2× | -1.3% | +13.7% |
| Yellow Hat 9882.T | Japan | $888M | +12% | +7% | 9% | 0.9× | -5.5% | +3.1% |
| Dongguan Aohai Technology 002993.SZ | China | $1.10B | -44% | +122% | 1% | 0.6× | n/a | n/a |