Added to YB: 2026-06-05
Pitch date: 2026-06-03
6469.T [neutral]
Hoden Seimitsu Kako Kenkyusho Co., Ltd.
Author Info
JapaneseIPO writes about unknown but growing Japanese small cap stocks. Sign up for the newsletter.
Company Info
Hoden Seimitsu Kako Kenkyusho Co., Ltd. manufactures and sells electric discharge machining, industrial gas turbine parts, and other metal products.
Market Cap
JPY 27.8B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.93
P/E
33.76
EV/Sales
2.21
Sector
Machinery
Category
growth
Hoden Seimitsui Kako Kenkyusho ('HSK') (6469) – Why Mitsubishi Heavy Is Dropping
6469.T (update): Japan rearmament play via MHI supplier relationship; thesis poorly timed as MHI -30% from ¥5,208 peak despite record FY3/26 orders/rev/profit. Concern: FY3/27 orders guided -11.1% (defense -14.5%), 2nd straight decline as front-loaded ¥43T budget peaks. Catalyst: late-2026 strategic doc revision likely signals larger ¥50-55T successor plan.
Read full article (3 min)