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Added to YB: 2025-10-29

Pitch date: 2025-09-30

6273.T [bullish]

SMC Corporation

+24.98%

current return

Author Info

No bio for this author

Company Info

SMC Corporation manufactures and sells automatic control equipment worldwide. It offers air management systems, directional control valves, air cylinders, rotatory actuators/air and magnet grippers, electric actuators/cylinders, vacuum equipment, air grippers for collaborative robots, compact compressor, air preparation equipment, modular FRL, pressure control equipment, booster regulators, lubrication equipment, gas generator, fittings and tubing, flow control equipment speed controllers, silencers/exhaust cleaners/pressure gauges, air blowing equipment, switches/sensors/controllers, static neutralization equipment ionizers, industrial device communication equipment/wireless system, process valves chemical valves/fittings & tubing/needle valves, process pumps/diaphragm, temperature control equipment, process gas equipment AP tech, high vacuum equipment, industrial filters sintered metal elements, pneumatic instrumentation equipment, hydraulic equipment, and specialized products for general use.

Market Cap

JPY 3.3T

Pitch Price

JPY 45.5K

Price Target

N/A

Dividend

1.93%

EV/EBITDA

11.75

P/E

23.23

EV/Sales

3.25

Sector

Machinery

Category

value

Show full summary:
Brandes International Equity Fund New Position: SMC Corporation

6273.T (new position): World's largest pneumatic components maker (40% share) down 50% from peak on margin compression. Strong balance sheet (25%+ net cash/mcap), defended China market share vs Airtac. Capacity expansion pressuring margins but positions for ¥1T sales by 2026. Compelling value in quality industrial franchise.

Read full article (2 min)