TICKER 6436.T
ISIN JP3124400007
Market cap. JPY
278,892,089,130
Shs outstanding 70,982,970
Amano Corporation provides time information, parking, environmental, and cleaning systems in Japan, North America, and internationally. It operates through Time Information System Business and Environment System Business segments. The company’s time information systems include time and attendance (T&A), payroll, human resource, and access information systems; and T&A and access information terminals, PC interfaced time recorders, time recorders, electronic time stamps, and T&A/payroll/HR cloud services. It also provides parking systems, such as gate-type, flap-lock, bicycle parking, vehicle guidance, parking lot management, and security gate systems, as well as offers parking facility data center and commissioned management services. In addition, the company offers environmental systems consisting of energy and space-saving pulse-jet, all stainless steel body, and dust explosion pressure diffusion type dust collectors; electric mist collectors; dust collectors for welding work; and volatile organic compounds removal, pneumatic powder conveying, and large-scale dust collection systems. Further, it provides cleaning systems, including autonomous robotic floor, compact automatic floor, and ride-on automatic scrubbers; commercial robotic vacuum, carpet, and industrial vacuum cleaners; and hand-pushed sweepers, electronic high-speed burnishers, and floor polishers. The company was founded in 1931 and is headquartered in Yokohama, Japan.

Strategy:

Return at exit: -4.4%
Modest growth amid price weakness
• Rotated out due to softer market performance and growth-to-value metrics • Recent price action shows consistent weakness across timeframes (-7.08% 1-month, -7% 6-month), with the stock currently sitting ~15% below its 52-week high • PEG ratio of 5.9 suggests limited value relative to the company’s modest growth trajectory (revenue growing at just 3.3%) • Facing strategic challenges including declining North American sales and difficulties recruiting engineering talent amid Japan’s demographic shifts • Still maintains solid fundamentals with healthy 13% operating margins and attractive 4.6% dividend yield • This change reflects portfolio rotation toward higher growth opportunities, not a sell signal