Harmonic Drive Systems Inc logo

6324 - Harmonic Drive Systems Inc Share Price

¥6380 -30.0  -0.5%

Last Trade - 07/08/20

Sector
Industrials
Size
Large Cap
Market Cap £4.43bn
Enterprise Value £4.39bn
Revenue £270.2m
Position in Universe 198th / 3862
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +6.67%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -6.86%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
167.2
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
25,951 28,278 30,069 54,340 67,809 37,488 42,432 54,220 +7.6%
+60.9 +3.1 +40.9 +20.6 +37.3 -99.6 +4,857 +127.1
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 March 2020, Harmonic Drive Systems Inc. revenues decreased 45% to Y37.49B. Net loss totaled Y832.5M vs. income of Y11.6B. Revenues reflect Operating Segment-Japan decrease of 59% to Y18.61B, Operating Segment-Europe decrease of 19% to Y12.63B, Japan segment decrease of 62% to Y14.06B, Europe segment decrease of 21% to Y12.63B. Net loss reflects Depreciation increase of 15% to Y2.15B (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for 6324
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
()
EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Harmonic Drive Systems Inc. is a Japan-based company mainly engaged in the speed reducers business. The Company is mainly engaged in the manufacture and sale of precision speed reducers, precision actuators and control devices. The Company is mainly engaged in the production of speed reducers, rotary actuators and linear actuators. The Company distributes its products within the domestic market and to overseas markets, including the Americas and Europe.

Directors
Last Annual March 31st, 2020
Last Interim March 31st, 2020
Incorporated February 23, 1989
Public Since March 20, 1998
No. of Shareholders: 10,274
No. of Employees: 1,097
Sector Industrials
Industry Machinery, Equipment & Components
Index
Exchange Tokyo Stock Exchange
Shares in Issue 96,263,175
Free Float (0.0%)
Eligible for
ISAs
SIPPs
6324 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 6324
Upcoming Events for 6324
Tuesday 29th September, 2020
Dividend For 6324.T - 10.0000 JPY
Frequently Asked Questions for Harmonic Drive Systems Inc
What is the Harmonic Drive Systems Inc share price?

As of 07/08/20, shares in Harmonic Drive Systems Inc are trading at ¥6380, giving the company a market capitalisation of £4.43bn. This share price information is delayed by 15 minutes.

How has the Harmonic Drive Systems Inc share price performed this year?

Shares in Harmonic Drive Systems Inc are currently trading at ¥6380 and the price has moved by 62.55% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Harmonic Drive Systems Inc price has moved by 49.91% over the past year.

What are the analyst and broker recommendations for Harmonic Drive Systems Inc?

Of the analysts with advisory recommendations for Harmonic Drive Systems Inc, there are there are currently 2 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Harmonic Drive Systems Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Harmonic Drive Systems Inc next release its financial results?

Harmonic Drive Systems Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Harmonic Drive Systems Inc dividend yield?

The Harmonic Drive Systems Inc dividend yield is 0.31% based on the trailing twelve month period.

Does Harmonic Drive Systems Inc pay a dividend?

Last year, Harmonic Drive Systems Inc paid a total dividend of 20, and it currently has a trailing dividend yield of 0.31%. Looking ahead, Harmonic Drive Systems Inc has not announced an ex-dividend date yet.

When does Harmonic Drive Systems Inc next pay dividends?

Harmonic Drive Systems Inc has yet to annouce their ex-dividend date. The historic dividend yield on Harmonic Drive Systems Inc shares is currently 0.31%.

How do I buy Harmonic Drive Systems Inc shares?

To buy shares in Harmonic Drive Systems Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Harmonic Drive Systems Inc?

Shares in Harmonic Drive Systems Inc are currently trading at ¥6380, giving the company a market capitalisation of £4.43bn.

Where are Harmonic Drive Systems Inc shares listed? Where are Harmonic Drive Systems Inc shares listed?

Here are the trading details for Harmonic Drive Systems Inc:

Country of listing: Japan
Exchange: TYO
Ticker Symbol: 6324
What kind of share is Harmonic Drive Systems Inc?

Based on an overall assessment of its quality, value and momentum, Harmonic Drive Systems Inc is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Harmonic Drive Systems Inc share price forecast 2020?

Shares in Harmonic Drive Systems Inc are currently priced at ¥6380. At that level they are trading at 7.28% premium to the analyst consensus target price of 0.00.

Analysts covering Harmonic Drive Systems Inc currently have a consensus Earnings Per Share (EPS) forecast of 26.324 for the next financial year.

How can I tell whether the Harmonic Drive Systems Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Harmonic Drive Systems Inc. Over the past six months, the relative strength of its shares against the market has been 26.97%. At the current price of ¥6380, shares in Harmonic Drive Systems Inc are trading at 22.04% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Harmonic Drive Systems Inc PE Ratio?

The Harmonic Drive Systems Inc PE ratio based on its reported earnings over the past 12 months is 12.0k. The shares are currently trading at ¥6380.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Harmonic Drive Systems Inc?

Harmonic Drive Systems Inc's management team is headed by:

Mitsumasa Ito - CHM
Yoshimasa Ito - DRC
Haruhiko Yoshida - IND
Shinji Sakai - IND
Akira Nagai - PRE
Yoshihide Kiyosawa - EXO
Hiroshi Ozawa - MEO
Hideo Yasue - MEO
Yoshinori Ito - DHR
Masanobu Nakamura - IND
Hidefumi Iguchi - EXO
Akira Maruyama - EXO
Kazutoshi Kamijo - FID
Tetsuo Ikuta - EXO
Minoru Asano - MEO
Who are the major shareholders of Harmonic Drive Systems Inc?

Here are the top five shareholders of Harmonic Drive Systems Inc based on the size of their shareholding:

Koden Holdings Co., Ltd. Corporation
Percentage owned: 34.77% (33.5m shares)
Nabtesco Corp Corporation
Percentage owned: 19.02% (18.3m shares)
Capital Research Global Investors Investment Advisor
Percentage owned: 5.88% (5.66m shares)
Toyota Motor Corp Corporation
Percentage owned: 4.55% (4.38m shares)
American Funds SMALLCAP World Fund Mutual Fund
Percentage owned: 3.21% (3.10m shares)
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