1. Japan Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Ushio Inc.

Ushio Inc.

3,365.00
JPY
-178.00
(-5.02%)
224.73BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,204.2
1,220.77
1,384.34
1,351.23
1,357.96
1,295.54
1,298.75
983.46
1,234.14
1,478.07
1,751.68
1,836.26
2,126.74
- -
Basic EPS, GAAP
82.19
86.4
85.83
55.05
86.1
88.85
73.24
-5.7
104.54
115.69
105.29
70.27
94.88
- -
Free Cash Flow per Basic Share
40.38
41.2
30.44
23.23
83.89
13.34
-58.05
64.12
128
-61.18
-10.15
50.09
103.22
- -
Dividend per Share
22.01
25.95
24.21
26.17
26.06
26.16
51.56
26.06
26.03
50.98
57.51
53.15
73.84
- -
Book Value per Share
1,440.93
1,653.87
1,621.95
1,664.39
1,683.41
1,691.44
1,664.58
1,750.78
1,949.71
2,074.27
2,313.47
2,263.21
2,484.7
2,484.7
Tangible Book Value per Share
1,409.01
1,599.5
1,538.13
1,592.2
1,634.01
1,654.6
1,633.5
1,722.49
1,924.91
2,048.48
2,229.55
2,205.59
2,344.83
2,344.83
Basic Weighted Avg Shares
131
131
129
128
128
127
122
121
121
118
102
97
84
86
Sales/Revenue/Turnover
157,800
159,365
179,121
172,840
173,497
165,138
159,009
118,558
148,821
175,025
179,420
177,616
179,211
- -
Operating Margin (%)
7.67
6.5
7.33
4.98
5.85
5.16
4.19
0.65
8.78
9.06
7.23
4.97
6.67
- -
Depreciation Expense
5,021
6,599
7,498
7,908
8,117
7,910
7,818
7,347
7,102
7,784
8,440
7,991
8,760
- -
Net Income, GAAP
10,770
11,279
11,105
7,042
11,001
11,326
8,967
-687
12,606
13,699
10,785
6,797
7,995
- -
Effective Tax Rate (%)
30.07
25.74
26.34
40.84
49.67
44.77
31.17
628.46
19.94
32.27
31.24
51.48
47.41
- -
Profit Margin (%)
6.83
7.08
6.2
4.07
6.34
6.86
5.64
-0.58
8.47
7.83
6.01
3.83
4.46
- -
Working Capital
113,047
133,888
120,710
125,742
130,766
130,547
123,106
128,352
129,315
136,109
152,249
135,164
130,210
130,210
LT Debt
3,334
8,430
6,397
17,307
17,989
10,410
12,847
15,056
61
3,599
29,456
37,410
44,704
44,704
Total Equity
191,244
218,721
211,294
213,287
215,305
213,253
200,703
211,179
235,200
244,104
236,974
200,508
198,336
198,336
Return on Invested Capital (%)
4.33
3.51
4.2
2.17
2.1
1.91
1.94
-1.75
4.23
4.19
3.37
1.65
2.41
- -
Return on Capital (%)
5.62
5.16
4.89
3.17
4.77
4.83
4.07
-1.32
5.25
5.47
4.21
2.72
3.19
- -
Return on Common Equity (%)
5.96
5.59
5.23
3.34
5.14
5.29
4.33
-0.33
5.65
5.72
4.48
3.11
4.01
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
29,106
29,903
LT Borrowings
- -
26,500
39,775
LT Finance Leases
- -
1,970
4,929
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
88
83
80
Market Capitalization
157,777
194,289
224,725

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
188,338
206,507
Cash, Cash Equivalents & STI
- -
71,524
77,980
Accounts Receivable, Net
- -
34,617
39,801
Inventories
- -
76,157
78,680
Total Current Liabilities
- -
74,957
76,297
Payables & Accruals
- -
- -
- -
ST Debt
- -
29,106
29,903
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.4%
-0.85%
-1.08%
Free Cash Flow
-119.38%
-123.85%
79.53%
Net Income, GAAP
-207.28%
-393.38%
17.63%
Sales/Revenue/Turnover
0.84%
9.11%
0.9%
Total Cash Common Dividend
14.36%
19.63%
21.03%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39,281
45,722
47,507
46,910
179,420
2025
- -
- -
- -
- -
177,616
2026
- -
- -
- -
- -
179,211

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15.35
21.65
40.72
20.06
105.29
2025
- -
- -
- -
- -
70.27
2026
- -
- -
- -
- -
94.88

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
57.51
2025
- -
- -
- -
- -
53.15
2026
- -
- -
- -
- -
73.84

Company Description

Company Profile APIChatGPT
CEO
Takabumi Asahi
Full Time Employees
5,898
Sector
Producer manufacturing
Industry
Electrical products
Address
Sumitomo Fudosan Tokyo Mita Garden Tower Tokyo TY Japan 100-8150
IPO Date
May 4, 1970
Website
ushio.co.jp
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Business
Ushio Inc. (6925.T) manufactures and sells light sources, optical equipment, and industrial systems primarily for semiconductor, medical, entertainment, and general illumination applications worldwide; its core products include laser diodes and modules across UV, visible, and IR wavelengths, LED chips and packages, super high-pressure UV lamps up to 35kW for lithography, xenon short arc lamps, halogen lamp heaters, excimer lamps, cinema projectors lamps for Barco, NEC, and Sony, UV curing systems, photo alignment systems, cleaning and modification equipment, lithography tools, measurement instruments, laboratory devices, light source units, organs-on-chip technology, surface treatment solutions, power supplies, and plastic injection-molding machines. Founded in March 1964 and headquartered at 31F Sumitomo Fudosan Tokyo Mita Garden Tower in Minato-ku, Tokyo, Japan, the company operates through segments encompassing light application products and industrial equipment, serving markets in Japan, Europe, Asia, and the Americas with approximately 6,013 employees group-wide as of March 31, 2025. In July 2025, Ushio agreed to acquire the industrial lamps business—mainly for semiconductor manufacturing—and entertainment lamps operations from ams-OSRAM Group for integration under its "Revive Vision 2030" growth strategy, adding approximately 28.8 billion yen in annual sales and 500 employees with closing expected by Q4 of the fiscal year ending March 2026 to enhance production efficiency and profitability in the light source sector.