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Added to YB: 2026-01-28

Pitch date: 2026-01-26

6324.T [neutral]

Harmonic Drive Systems Inc.

+66.27%

current return

Author Info

The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.

Company Info

Harmonic Drive Systems Inc. manufacturing and sales of speed reducers and mechatronics products in Japan, China, North America, and Europe.

Market Cap

JPY 564.2B

Pitch Price

JPY 3.5K

Price Target

N/A

Dividend

N/A

EV/EBITDA

48.79

P/E

193.20

EV/Sales

8.91

Sector

Machinery

Category

growth

Show full summary:
Baillie Giff Japanese Smaller Companies - December 2025 update - Harmonic Drive Systems Inc.

6324.T (update): Leading precision gear maker for humanoid robots like Tesla Optimus. Stock surged on robotics hype - each robot needs 20-40 drives. After rough 2024-25, seeing V-shaped recovery with +240% EPS surprise, 80% revenue growth forecast FY2026. Risks: Chinese competition offering 30-50% lower prices, margin compression. Goldman/Bernstein bullish on robotics inflection, Jefferies bearish on valuation premium.

Read full article (2 min)