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THK Co., Ltd.TSE:6481 Stock Report

Market Cap JP¥888.2b
Share Price
JP¥7.80k
JP¥3.79k
105.9% overvalued intrinsic discount
1Y94.0%
7D3.9%
1D
Portfolio Value
View

THK Co., Ltd.

TSE:6481 Stock Report

Market Cap: JP¥888.2b

THK (6481) Stock Overview

Engages in the manufacture and sale of mechanical components in Japan, the Americas, Europe, China, and intentionally. More details

6481 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends2/6

6481 Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

THK Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for THK
Historical stock prices
Current Share PriceJP¥7,800.00
52 Week HighJP¥8,037.00
52 Week LowJP¥3,761.00
Beta0.72
1 Month Change34.78%
3 Month Change53.69%
1 Year Change93.98%
3 Year Change160.04%
5 Year Change130.43%
Change since IPO64.79%

Recent News & Updates

Narrative Update May 26

6481: Upgraded Margin Outlook And Higher P/E Assumptions Will Support Stronger Earnings Base

Analysts have lifted their fair value estimate for THK from ¥6,020 to ¥9,550, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple as key drivers of the new price target. What's in the News THK revised consolidated guidance for the six months ending June 30, 2026, now expecting revenue of ¥138,000 million, operating income of ¥15,400 million, and profit attributable to owners of the parent of ¥10,500 million, compared with prior guidance of ¥127,000 million, ¥10,200 million, and ¥8,300 million respectively (Key Developments).

Recent updates

Narrative Update May 26

6481: Upgraded Margin Outlook And Higher P/E Assumptions Will Support Stronger Earnings Base

Analysts have lifted their fair value estimate for THK from ¥6,020 to ¥9,550, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple as key drivers of the new price target. What's in the News THK revised consolidated guidance for the six months ending June 30, 2026, now expecting revenue of ¥138,000 million, operating income of ¥15,400 million, and profit attributable to owners of the parent of ¥10,500 million, compared with prior guidance of ¥127,000 million, ¥10,200 million, and ¥8,300 million respectively (Key Developments).
Narrative Update May 06

6481: Higher Assumed P/E Will Likely Limit Future Equity Returns

Analysts have raised their price target on THK to ¥3,787 from ¥2,999, citing updated assumptions for revenue growth, profit margins, and an increased future P/E multiple. What's in the News Board meeting scheduled for March 20, 2026 to consider disposing of treasury stock, which could affect share count and capital structure if approved (Board Meeting).
Narrative Update Apr 21

6481: Stable Assumptions And Governance Moves Will Shape Balanced Future Outlook

Analysts have kept their ¥5,376 price target on THK steady, with only small adjustments to assumptions such as discount rate, revenue growth, profit margin and future P/E that fine tune rather than reset their view on the stock. What's in the News Board meeting scheduled for March 20, 2026, with an agenda item to consider disposal of treasury stock, which could affect share count and capital structure if approved (Key Developments).
Narrative Update Apr 07

6481: Higher Profitability Assumptions And Capital Moves Will Shape Balanced Outlook

Analysts have lifted their fair value estimate for THK from about ¥4,400 to roughly ¥5,400, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple as key drivers behind the higher price target. What's in the News Board meeting scheduled for March 20, 2026 to consider disposal of treasury stock, which could affect share count and capital structure if approved (company board meeting) Resolution passed on February 19, 2026 to change THK's accounting auditor from Grant Thornton Taiyo LLC, with a proposal for a new auditor to be submitted at the 56th general shareholders meeting on March 20, 2026 (Audit & Supervisory Committee meeting) Board meeting held on February 12, 2026 to consider and approve Special Measures for the Next Career Support Program for employees, indicating ongoing adjustments in workforce and human capital policies (company board meeting) Board meeting on February 2, 2026 to review transfer of shares of consolidated subsidiaries and assignment of receivables, indicating changes in group structure and internal financing arrangements (company board meeting) Valuation Changes Fair Value: raised from about ¥4,441 to roughly ¥5,376, reflecting higher assumptions in the model.
Narrative Update Mar 24

6481: Higher Margin Outlook And Governance Changes Will Set Up A Stronger Earnings Base

Analysts have raised their price target for THK to ¥6,020 from ¥5,310, citing updated assumptions for higher revenue growth, a stronger profit margin outlook, a slightly lower discount rate, and a revised future P/E expectation. What's in the News A board meeting is scheduled for March 20, 2026, to consider the disposal of treasury stock, which could affect share count and capital structure if approved (Key Developments).
Narrative Update Mar 09

6481: Lower Profit Margin Outlook Will Pressure Future Equity Returns

Analysts have lifted their price target on THK from about ¥2,857 to roughly ¥2,999, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and a higher expected future P/E multiple. What's in the News THK resolved at its Audit & Supervisory Committee meeting on February 19, 2026, to change its accounting auditor from Grant Thornton Taiyo LLC and plans to submit the appointment of a new accounting auditor to the 56th general shareholders meeting on March 20, 2026 (Key Developments).
Narrative Update Feb 23

6481: Lower Future P/E Assumptions Will Pressure Equity Returns

Analysts have reduced their price target on THK to ¥2,856.81 from ¥3,034.68 after revising their assumptions on revenue growth, profit margins, the discount rate and the future P/E, which has changed their view of fair value. What's in the News A board meeting is scheduled for February 12, 2026 to consider and approve Special Measures for the Next Career Support Program for employees, highlighting a focus on workforce related policies (Key Developments).
Analysis Article Feb 13

Need To Know: This Analyst Just Made A Substantial Cut To Their THK Co., Ltd. (TSE:6481) Estimates

The analyst covering THK Co., Ltd. ( TSE:6481 ) delivered a dose of negativity to shareholders today, by making a...
Analysis Article Feb 09

Revenues Not Telling The Story For THK Co., Ltd. (TSE:6481) After Shares Rise 25%

The THK Co., Ltd. ( TSE:6481 ) share price has done very well over the last month, posting an excellent gain of 25...
Narrative Update Feb 09

6481: Weaker Industrial Machinery Outlook And Tariff Headwinds Will Pressure Earnings

Analysts have modestly lifted their fair value estimate for THK from ¥4,322 to ¥4,442, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Board meeting scheduled for February 2, 2026, to discuss the transfer of shares of consolidated subsidiaries and the assignment of receivables, which could reshape parts of the group structure (Key Developments).
Narrative Update Jan 26

6481: Tariff And Restructuring Headwinds Will Set Up A Stronger Earnings Base

Analysts have revised their view on THK's outlook, keeping fair value steady at ¥5,310.0 while adjusting their assumptions for discount rate, revenue growth, profit margin, and future P/E to reflect a more updated mix of risk and earnings. What's in the News THK revised its consolidated earnings guidance for the year ending December 31, 2025, now expecting revenue of ¥360,000 million, operating income of ¥16,000 million, and profit attributable to owners of the parent of ¥10,000 million, or earnings per share of ¥89.27, compared with prior guidance of revenue of ¥363,500 million, operating income of ¥23,500 million, and profit attributable to owners of the parent of ¥18,000 million, or earnings per share of ¥148.14 (company guidance).
Narrative Update Jan 11

6481: Weaker Industrial Orders And Tariff Costs Will Pressure Earnings

Analysts have raised their fair value estimate for THK from ¥3,021.55 to ¥3,034.68, reflecting updated assumptions of higher revenue growth, slightly stronger profit margins, a modestly higher discount rate, and a lower future P/E. What's in the News THK lowered its consolidated earnings guidance for the year ending December 31, 2025, now guiding to revenue of ¥360,000 million, operating income of ¥16,000 million, and profit attributable to owners of the parent of ¥10,000 million, or earnings per share of ¥89.27, compared with its earlier outlook.
Analysis Article Dec 22

Calculating The Intrinsic Value Of THK Co., Ltd. (TSE:6481)

Key Insights THK's estimated fair value is JP¥3,541 based on 2 Stage Free Cash Flow to Equity THK's JP¥4,061 share...
Narrative Update Dec 14

6481: Higher Discount Rate And Weaker Orders Will Pressure Earnings

Narrative Update The analyst price target for THK has been trimmed slightly. Fair value is edging down by approximately ¥0.34 per share as analysts factor in a higher discount rate and more moderate revenue growth assumptions, partially offset by a modestly improved profit margin outlook and a marginally lower future P/E multiple.
Analysis Article Dec 06

Does THK (TSE:6481) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 13

THK Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that THK Co., Ltd. ( TSE:6481 ) released its quarterly result to the market. The early...
Analysis Article Oct 01

THK (TSE:6481) Is Experiencing Growth In Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Sep 09

Calculating The Intrinsic Value Of THK Co., Ltd. (TSE:6481)

Key Insights Using the 2 Stage Free Cash Flow to Equity, THK fair value estimate is JP¥3,747 Current share price of...
Analysis Article Aug 08

THK Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that THK Co., Ltd. ( TSE:6481 ) released its half-year result to the market. The early...
Analysis Article Jul 24

Investors Interested In THK Co., Ltd.'s (TSE:6481) Earnings

With a price-to-earnings (or "P/E") ratio of 51.2x THK Co., Ltd. ( TSE:6481 ) may be sending very bearish signals at...
Analysis Article Jun 19

Here's Why THK (TSE:6481) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
User avatar
New Narrative Jun 15

Lean Reforms And Automation Will Drive Global Efficiency

Structural reforms, automation investments, and resource reallocation are aimed at improving profitability, operating margins, and revenue resilience through efficiency and market diversification.

Shareholder Returns

6481JP MachineryJP Market
7D3.9%-1.4%2.2%
1Y94.0%47.0%43.6%

Return vs Industry: 6481 exceeded the JP Machinery industry which returned 47% over the past year.

Return vs Market: 6481 exceeded the JP Market which returned 43.6% over the past year.

Price Volatility

Is 6481's price volatile compared to industry and market?
6481 volatility
6481 Average Weekly Movement8.1%
Machinery Industry Average Movement6.3%
Market Average Movement4.8%
10% most volatile stocks in JP Market9.5%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 6481's share price has been volatile over the past 3 months compared to the JP market.

Volatility Over Time: 6481's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
194613,036Takashi Teramachiwww.thk.com

THK Co., Ltd. engages in the manufacture and sale of mechanical components in Japan, the Americas, Europe, China, and intentionally. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric and linear actuators, cam and roller followers, linear bushes, LM strokes, slide packs, slide rails, cross-roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products. Its products are used in various applications, including machine tools, general industrial machinery, precision instruments, semiconductor and LCD manufacturing equipment, industrial robots, electronic devices, and transport systems, as well as in construction, aerospace, medical and assistive, and other manufacturing industries.

THK Co., Ltd. Fundamentals Summary

How do THK's earnings and revenue compare to its market cap?
6481 fundamental statistics
Market capJP¥888.20b
Earnings (TTM)JP¥14.70b
Revenue (TTM)JP¥255.31b
59.4x
P/E Ratio
3.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6481 income statement (TTM)
RevenueJP¥255.31b
Cost of RevenueJP¥177.58b
Gross ProfitJP¥77.72b
Other ExpensesJP¥63.02b
EarningsJP¥14.70b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)131.24
Gross Margin30.44%
Net Profit Margin5.76%
Debt/Equity Ratio55.4%

How did 6481 perform over the long term?

See historical performance and comparison

Dividends

2.4%
Current Dividend Yield
187%
Payout Ratio

Does 6481 pay a reliable dividends?

See 6481 dividend history and benchmarks
When do you need to buy 6481 by to receive an upcoming dividend?
THK dividend dates
Ex Dividend DateJun 29 2026
Dividend Pay DateSep 11 2026
Days until Ex dividend24 days
Days until Dividend pay date98 days

Does 6481 pay a reliable dividends?

See 6481 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 11:27
End of Day Share Price 2026/06/04 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

THK Co., Ltd. is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tsutomu KijimaBarclays
Kenjin HottaBofA Global Research
Graeme McDonaldCitigroup Inc