| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 5055.61 | 29 |
| Intrinsic value (DCF) | 2158.38 | -45 |
| Graham-Dodd Method | 929.18 | -76 |
| Graham Formula | 5569.94 | 42 |
Amano Corporation (6436.T) is a leading Japanese technology company specializing in time information, parking, environmental, and cleaning systems. Founded in 1931 and headquartered in Yokohama, Amano operates through two key segments: Time Information System Business and Environment System Business. The company's time information systems include advanced time and attendance (T&A), payroll, and HR cloud services, catering to businesses seeking efficient workforce management solutions. Amano also provides innovative parking systems, such as automated gate-type and bicycle parking solutions, alongside environmental systems like dust collectors and VOC removal technologies. Additionally, the company offers cutting-edge cleaning systems, including autonomous robotic floor scrubbers and industrial vacuum cleaners. With a strong presence in Japan, North America, and internationally, Amano leverages its technological expertise to serve diverse industries, positioning itself as a key player in the hardware, equipment, and parts sector. The company's commitment to innovation and sustainability makes it a relevant choice for investors looking at industrial automation and smart facility management.
Amano Corporation presents a stable investment opportunity with a market capitalization of approximately ¥300 billion and a low beta of 0.212, indicating lower volatility compared to the broader market. The company reported solid FY2024 financials, including ¥175.4 billion in revenue and ¥17.8 billion in net income, with a diluted EPS of ¥249.9. Amano maintains a healthy balance sheet with ¥66.5 billion in cash and equivalents and manageable debt of ¥15.3 billion. The company also offers an attractive dividend yield, paying ¥170 per share. However, investors should consider the company's heavy reliance on the Japanese market and potential challenges in scaling its niche product lines internationally. The capital expenditures of ¥7.4 billion suggest ongoing investments in innovation, which could drive future growth but may pressure short-term profitability.
Amano Corporation holds a competitive edge in Japan's time information and environmental systems market, benefiting from its long-standing reputation and technological expertise. The company's T&A and HR cloud services differentiate it through integration capabilities, though it faces competition from global HR software providers. In parking systems, Amano's localized solutions for Japan give it an advantage over international players, but scalability outside Japan remains a challenge. The environmental and cleaning systems segment competes with industrial automation firms, where Amano's focus on dust collection and robotic cleaning provides niche strengths. However, larger conglomerates with broader R&D budgets could pose a threat. Amano's competitive positioning is strongest in Japan, where its brand recognition and tailored solutions outperform foreign competitors. Internationally, the company must contend with established players like Honeywell in time systems and Tennant in cleaning equipment. Amano's ability to innovate in autonomous cleaning and energy-efficient environmental systems could further solidify its market position, but dependence on domestic demand remains a key vulnerability.