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I-PEX Inc.

I-PEX Inc.

6640.T
I-PEX Inc.JP flagTokyo Stock Exchange
2,938.00
JPY
+1.00
- -
29,380.00Market Cap
I-PEX Inc.
6640.T
(Tokyo Stock Exchange)

Recent

price

2,938.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
2,773.61
2,956.18
2,799
1,896.94
2,462.27
2,475.9
2,783.25
2,915.26
2,740.94
3,105.19
3,149.98
3,200.94
2,912.67
3,577.71
3,216.99
3,181.24
3,359.19
Revenue per Share
270.45
296.33
273.21
108.79
-41.69
-73.81
74.57
140.83
9.39
99.69
-112.55
54.81
61.48
316.78
9.06
-68.41
56.5
Basic EPS, GAAP
249.12
251.64
261
-170.45
28.3
34.39
131.32
-112.96
-97.3
-190.65
-283.1
-133.15
139.14
278.16
237.43
150.08
- -
Free Cash Flow per Basic Share
8
8
13.6
14.58
14.93
10.32
10
14.95
15.01
15.01
25.18
19.79
25
35.04
54.96
40
- -
Dividend per Share
1,390.87
1,679.21
1,981.49
2,095.22
2,038.52
1,954.71
2,041.76
2,167.5
1,652.31
2,246.68
2,109.08
2,269.79
2,082.47
2,367.72
2,337.27
2,227.53
2,262.64
Book Value per Share
1,436.96
1,703.24
2,149.61
2,249.46
2,323.81
2,435.07
2,673.49
2,714.75
2,649.38
2,781.01
2,594.13
2,920.89
2,621.78
3,006.63
2,976.32
2,999.15
3,198.98
Tangible Book Value per Share
15
15
17
17
17
17
17
17
17
17
17
17
19
19
19
19
19
Basic Weighted Avg Shares
42,220
44,999
46,807
31,721
41,174
41,402
46,542
48,749
45,834
51,925
52,674
54,019
54,531
66,871
59,643
59,014
62,313
Sales/Revenue/Turnover
8.11
16.48
15.98
10.03
1.28
0.1
4.54
3.54
0.87
5.01
1.36
2.79
5.34
10.28
1.64
-1.29
3.1
Operating Margin (%)
4,677
5,108
4,920
3,689
5,042
5,209
4,945
5,119
5,477
5,730
5,726
5,578
6,429
6,898
7,436
6,859
- -
Depreciation Expense
4,117
4,511
4,569
1,819
-697
-1,234
1,247
2,355
157
1,667
-1,882
925
1,151
5,921
168
-1,269
1,048
Net Income, GAAP
- -
35.04
30.82
40.63
178.77
- -
59.67
- -
76.82
26.11
- -
31.32
38.18
18.53
82.88
- -
47.79
Effective Tax Rate (%)
9.75
10.02
9.76
5.74
-1.69
-2.98
2.68
4.83
0.34
3.21
-3.57
1.71
2.11
8.85
0.28
-2.15
1.68
Profit Margin (%)
12,393
15,059
23,199
21,868
21,752
22,307
24,769
22,665
21,982
18,962
15,440
19,562
17,934
20,510
21,520
24,400
27,561
Working Capital
6,753
5,049
5,356
3,267
3,028
2,754
2,395
2,341
3,428
4,605
6,532
10,786
9,306
8,676
8,893
10,100
7,822
LT Debt
22,783
27,577
37,465
38,832
39,763
41,323
45,006
45,815
44,681
46,873
43,843
49,793
49,514
56,772
58,343
58,385
62,006
Total Equity
- -
12.2
11.14
3.89
-0.88
- -
1.69
- -
0.18
3.57
- -
1.62
2.58
7.68
0.22
- -
1.29
Return on Invested Capital (%)
- -
12.72
11.35
4.34
-1.91
- -
3.21
- -
0.42
4.25
- -
1.93
2.19
9.99
0.29
- -
1.98
Return on Capital (%)
21.47
19.3
15.57
5.34
-2.02
-3.7
3.73
6.69
0.49
5.11
-5.17
2.51
2.98
14.23
0.38
-3
2.51
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
9,644
9,383
8,803
LT Borrowings
8,143
8,779
7,822
LT Finance Leases
1,957
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
28,315
33,310
39,022

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
43,281
46,274
48,188
Cash, Cash Equivalents & STI
15,607
17,200
16,704
Accounts Receivable, Net
12,859
12,438
13,523
Inventories
11,086
12,325
13,620
Total Current Liabilities
18,881
19,692
20,627
Payables & Accruals
- -
- -
- -
ST Debt
9,644
9,383
8,803
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.72%
6.1%
0.07%
Free Cash Flow
0.54%
-44.19%
-36.76%
Net Income, GAAP
-11.94%
-132.56%
-855.36%
Sales/Revenue/Turnover
4.02%
2.85%
-1.05%
Total Cash Common Dividend
- -
17.56%
-27.18%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
14,783
14,722
16,026
14,112
59,643
2023
13,041
14,661
15,426
15,886
59,014
2024
14,668
16,333
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
31.75
- -
- -
- -
9.06
2023
-56.06
- -
- -
- -
-68.41
2024
16.87
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
54.96
2023
- -
- -
- -
- -
40
2024
- -
- -
- -
- -
- -
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Business
I-PEX Inc. is a Japan-based manufacturer specializing in the development and production of electronic connectors, sensors, semiconductor manufacturing equipment, molds, automation systems, and contract manufacturing services. The company's core products include a diverse range of connectors such as RF connectors, micro-coaxial and twinax connectors, board-to-board connectors, FPC/FFC connectors, I/O connectors, wire-to-board connectors and terminals, and optical modules. I-PEX also produces sensors including ESTORQ, ES-gripper, ES-hand, and torque sensor products, and provides semiconductor manufacturing equipment coupled with precision molding and assembly solutions. Its contract manufacturing business encompasses automotive components, custom connectors, precision molded parts, automatic molding machines, and molded products, supported by ultra-high precision mold manufacturing and complex molding technologies. The company operates primarily in Japan, with a global outreach in automotive, electronics, and semiconductor industries. Founded in 1963 and headquartered in Kyoto, Japan, I-PEX operates as a subsidiary of DMC Co., Ltd. In a major recent change, I-PEX relocated its headquarters from Fushimi-ku to the central Shijo Karasuma area of Kyoto effective January 1, 2026, aiming to enhance organizational efficiency and drive innovation. In late 2024, I-PEX underwent a significant ownership change when UDON INC acquired 91.13% of its shares through a tender offer, leading to a reduced free float and its removal from relevant indices by December 2024. The company continues to expand its manufacturing capabilities and business scope, including intensified development of automotive parts, piezoelectric MEMS devices, photoelectric connectors for telecommunications, and engagement in sustainability initiatives such as the Science Based Targets initiative. I-PEX maintains five business fields: Connectors, Contract Manufacturing, Molds & Equipment, MEMS Foundry, and Energy Solutions, underpinning its position as an innovative product development and engineering solutions expert in technology hardware and equipment sectors.