Company profile

Harmonic Drive Systems Inc.

EDINET
E01712
Securities
6324
Industry
Machinery
Latest annual securities report
2026-06-16 Annual Securities Report PDF HTML
Latest financial report
—
Latest filing
2026-06-22 Extraordinary Report PDF HTML
Compare this company

Industry position

Machinery

View details
Profitability Weak Current Bottom 18% 5-year trend Deteriorating
Financial strength Above average Based on Equity ratio Current Top 34% 5-year trend Broadly stable
Growth Below average Current Bottom 40% 5-year trend Deteriorating
Cash generation Average Current Bottom 48% 5-year trend Deteriorating

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Consolidated · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2026

Consolidated Japanese GAAP

Revenue reached ¥59.56 billion, up 7.0% year over year. Operating income was ¥2.57 billion, up 36617.3% year over year. Operating margin was 4.3%. Net income was ¥1.61 billion, down 53.7% year over year. ROE was 2.0%; equity ratio was 72.2%; free cash flow was ¥1.48 billion.

Revenue ¥59.56B up 7.0% year over year
Operating income ¥2.57B up 36617.3% year over year
Net income ¥1.61B down 53.7% year over year
Total assets¥111.4B
Total equity—
Operating cash flow¥6.43B
Free cash flow¥1.48B

Industry position details

Machinery

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Weak

Operating margin Bottom 81% / ROE Bottom 87%

Financial strength Above average
Based on Equity ratio

Equity ratio Top 34%

Growth Below average

Revenue growth Top 29% / 3-year revenue CAGR Bottom 95%

Cash generation Average

Operating cash flow margin Top 43% / Free cash flow margin Bottom 65%

Profitability Industry position history Deteriorating
2026 Bottom 18% 2025 Bottom 18% 2024 Bottom 5% 2023 Top 32% 2022 Top 31%
Financial strength Industry position history Broadly stable
2026 Top 34% 2025 Top 38% 2024 Top 40% 2023 Top 36% 2022 Top 33%
Growth Industry position history Deteriorating
2026 Bottom 40% 2025 Bottom 26% 2024 Bottom 41% 2023 Top 11% 2022 Top 44%
Cash generation Industry position history Deteriorating
2026 Bottom 48% 2025 Top 15% 2024 Top 11% 2023 Top 29% 2022 Top 17%
Profitability Operating margin 4.3% Industry median 8.5% Bottom 81% Comparison sample 157
Profitability ROE 2.0% Industry median 7.1% Bottom 87% Comparison sample 159
Financial strength Equity ratio 72.2% Industry median 67.6% Top 34% Comparison sample 159
Growth Revenue growth +7.0% Industry median +3.5% Top 29% Comparison sample 158
Growth 3-year revenue CAGR -5.9% Industry median +4.6% Bottom 95% Comparison sample 151
Cash generation Operating cash flow margin 10.8% Industry median 9.9% Top 43% Comparison sample 159
Cash generation Free cash flow margin 2.5% Industry median 4.7% Bottom 65% Comparison sample 159

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2026 Consolidated Japanese GAAP 59557877000 2567642000 2539620000 1608895000 1608895000 4078283000 111400153000 31009347000 80390805000 62284084000 80390805000 6425287000 -4941325000 -5874454000 1483962000 19091800000 16.99 203.9 3464.261 333661683919.400 849.2 96315400 0.7216399873 0.722 0.0200134207 0.0144424847 0.0431117113 0.042641211 0.027013975 0.1078830765 0.0249163012 0.0703004927 366.1731731732 15.7967618405 -0.536813895 -0.0195519813 0.0183390268 -0.1451455416 -4.3385909924 -0.0000461341 -0.8350474829 -0.1671338828 -0.5354115395 0.0 0.0252890173 1419
FY2025 Consolidated Japanese GAAP 55645940000 6993000 151197000 3473539000 3473539000 1757549000 113621682000 34678616000 78943066000 63305732000 78943066000 7516235000 1480063000 -5874183000 8996298000 22923012000 36.57 86.4 3159.648 304322760979.200 831.82 96315400 0.6947887464 0.695 0.0440005586 0.0305710929 0.0001256695 0.0027171255 0.0624221462 0.1350724779 0.1616703393 -0.0026975728 -0.9438669439 -0.7348969812 1.1400225565 -0.0463362669 -0.0057756849 -0.4095002593 1.2487331535 0.2767829441 0.3272409543 0.2101869145 1.1401149425 0.0 0.0259451446 1384
FY2024 Consolidated Japanese GAAP 55796455000 124579000 570333000 -24806996000 -24806996000 -21661579000 119142291000 39740626000 79401665000 62048341000 79401665000 12728600000 -5950405000 -8122296000 6778195000 18941712000 -261.0 -15.3 836.02 96315400 0.6664440001 0.666 -0.3124241286 -0.208213186 0.0022327404 0.0102216709 -0.4445980663 0.228125604 0.1214807464 -0.2199280202 -0.9878160059 -0.9469838799 -4.2658282174 -0.2280342817 -0.2361967927 0.1730917168 0.3131464857 -4.0769173071 2.0990397734 -0.0492052069 -4.2760135559 0.0 0.0188821752 1349
FY2023 Consolidated Japanese GAAP 71527316000 10224808000 10757728000 7595928000 7595928000 12132168000 154336246000 50380587000 103955658000 89747751000 103955658000 10850473000 -8663281000 -1599848000 2187192000 19921977000 79.67 55.2 4397.784 423574325073.600 1093.53 96315400 0.6735660656 0.674 0.0730689233 0.0492167472 0.1429496949 0.1504002751 0.1061961838 0.1516969125 0.0305784157 0.2529327311 0.1699231761 0.1810980449 0.143294752 0.0770907553 0.0515835197 0.0980445236 -0.8420406248 0.7599229159 -0.5776434457 0.0615129396 0.1543031006 0.0 0.1563318777 1324
FY2022 Consolidated Japanese GAAP 57087914000 8739726000 9108243000 6643893000 6643893000 5508053000 143289918000 44433616000 98856302000 89184636000 98856302000 9881633000 -4703089000 -6663893000 5178544000 18767531000 69.02 61.1 4217.122 406173792278.800 1026.94 96315400 0.6899041006 0.69 0.0672075818 0.0463667863 0.1530924041 0.1595476584 0.1163800275 0.1730950092 0.0907117398 0.5414983328 9.0930180456 5.6639032838 9.0285934233 0.023293513 -0.101794765 0.034184186 -2.8230155324 -0.0155511046 -0.3779376535 -0.0614703758 9.0319767442 0.0 0.0371376812 1145
FY2021 Consolidated Japanese GAAP 37034042000 865918000 1366803000 662495000 662495000 9009792000 140028170000 29968354000 110059815000 91784007000 110059815000 9555003000 -1230204000 -6561849000 8324799000 19996738000 6.88 1086.9 7477.872 720234232828.800 1068.83 96315400 0.7859833846 0.735 0.0060194086 0.0047311552 0.0233816768 0.0369066655 0.0178888116 0.2580059449 0.2247877507 -0.0121029126 5.4348511931 4.781787494 1.6048470296 0.06204043 0.0313097296 -0.127411649 0.9018758701 -3.7776762311 6.2454944368 0.0901894584 1.60456942 0.0 0.0063810392 1104
FY2020 Consolidated Japanese GAAP 37487753000 -195253000 236398000 -1095310000 -1095310000 -4561959000 131848248000 25129759000 106718488000 93192583000 106718488000 10950184000 -12537222000 2362352000 -1587038000 18342443000 -11.38 -415.3 1003.79 96315400 0.8094039141 0.733 -0.010263545 -0.0083073535 -0.0052084477 0.0063060061 -0.0292178088 0.2921003027 -0.0423348393 -0.4471588603 -1.0117449313 -0.986244089 -1.0967371193 -0.0771624832 -0.0579057534 -0.275871375 0.4402922447 1.7221795935 0.7819316491 0.0421614049 -1.096752253 0.0 -0.0126012601 1097
FY2019 Consolidated Japanese GAAP 67809268000 16624448000 17185194000 11322541000 11322541000 7673132000 142872657000 29594724000 113277932000 97079525000 113277932000 15121877000 -22399586000 -3271142000 -7277709000 17600386000 117.62 32.2 3787.364 364781478605.600 1076.68 96315400 0.7928594203 0.725 0.0999536344 0.0792491806 0.245164835 0.2534342946 0.1669763048 0.2230060499 -0.1073261696 0.2478800303 0.3497485528 0.4385345445 0.4557846159 0.0250388802 0.0419329276 0.6376785885 -1.7413283695 -1.1869883374 -7.8485964897 -0.3785351526 0.4025757214 0.1501035197 1111
FY2018 Consolidated Japanese GAAP 54339573000 12316700000 11946320000 7777621000 7777621000 14908822000 139382671000 30663646000 108719025000 88933785000 108719025000 9233727000 -8171070000 17493829000 1062657000 28320807000 83.86 72.9 6113.394 1032.38 0.7800038858 0.713 0.0715387302 0.0558004876 0.2266617001 0.2198456731 0.1431299617 0.1699263813 0.0195558585 0.8071592002 0.5762508989 0.5010066753 -0.605838067 0.5886881259 0.8940500667 0.277900511 0.7487579058 -0.2902625949 1.042007244 1.9290725437 -0.6107139541 0.1154734411 966
FY2017 Consolidated Japanese GAAP 30069057000 7813921000 7958872000 19732045000 19732045000 19741631000 87734445000 30334153000 57400291000 50393265000 57400291000 7225701000 -32522695000 24648312000 -25296994000 9668865000 215.42 16.3 3511.346 600.46 0.654250346 0.627 0.3437621074 0.2249064777 0.2598658481 0.2646864516 0.6562242707 0.2403035453 -0.8412965528 0.063321941 0.0256757564 0.0164827649 2.9451039596 0.7996846147 0.4759239076 0.1117951172 -6.4015995416 18.797077758 -13.0168835901 -0.0737902252 2.9454212454 0.6339622642 866

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Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp