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M

Modec 6269.T · JPY

Energy · Tokyo Stock Exchange · 🇯🇵 Japan

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7,220

+3.29%

Close of 9 Nov 2026, in JPY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2024

Revenue

$4.19bn

FY2015FY2024

Net income

$220.4m

FY2015FY2024

Free cash flow

$548.6m

FY2015FY2024

Shareholders' equity

$1.18bn

FY2015FY2024

Income statement

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Revenue$4.19bn$3.57bn$2.74bn$3.90bn$2.74bn$2.53bn$1.69bn$1.45bn$1.66bn$295.60bn
Gross profit$392.8m$250.4m$68.3m−$225.5m−$69.9m$56.9m$201.7m$188.4m$227.3m$20.08bn
Research and development—————$1.8m$1.5m$1.2m$2.3m$103.0m
Operating income$168.9m$64.1m−$52.2m−$349.9m−$200.0m−$36.8m$113.4m$86.9m$129.8m$5.08bn
Net income$220.4m$96.5m$37.4m−$364.0m−$131.9m−$138.4m$166.2m$147.7m$151.4m$5.82bn
Diluted earnings per share3.231.550.66-6.46-2.34-2.462.952.622.68103.25

Balance sheet

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assets$4.50bn$3.89bn$3.14bn$3.43bn$3.18bn$2.91bn$2.61bn$2.44bn$2.40bn$354.46bn
Cash and short-term investments$1.31bn$1.07bn$529.9m$824.3m$660.4m$397.8m$388.9m$238.3m$308.4m$57.96bn
Total liabilities$3.32bn$2.90bn$2.32bn$2.89bn$2.33bn$1.98bn$1.45bn$1.40bn$1.51bn$252.91bn
Debt$514.4m$570.8m$393.4m$426.9m$130.4m$216.7m$236.0m$349.8m$362.6m$56.32bn
Shareholders' equity$1.18bn$992.8m$811.6m$532.5m$848.9m$924.8m$1.16bn$1.04bn$886.6m$101.56bn
Shares outstanding68m62m56m56m56m56m56m56m56m56m

Cash flow

Fiscal years

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operations$560.9m$485.9m−$208.9m$152.2m$302.2m−$24.2m$339.5m−$24.7m$218.7m$8.46bn
Capital spending−$12.3m−$7.5m−$6.9m−$29.4m−$37.1m−$20.2m−$23.8m−$33.5m−$20.6m−$3.42bn
Free cash flow$548.6m$478.4m−$215.8m$122.9m$265.1m−$44.4m$315.7m−$58.2m$198.0m$5.05bn
Dividends paid−$22.5m−$10,000−$19,000−$19.0m−$24.4m−$22.6m−$21.6m−$16.3m−$14.7m−$1.90bn

Latest quarters

By quarter end

Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024Dec 2023
Revenue$1.28bn$1.20bn$873.0m$1.19bn$1.12bn$1.05bn$822.9m$1.09bn
Gross profit$184.5m$107.7m$87.0m$93.9m$101.2m$117.8m$79.9m$107.9m
Operating income$115.4m$56.9m$29.1m$23.0m$41.2m$71.9m$32.8m$51.6m
Net income$100.4m$89.4m$55.6m$49.4m$47.0m$61.5m$62.5m$60.6m
Diluted earnings per share1.471.310.810.720.690.900.920.89
Total assets$4.51bn$4.50bn$4.36bn$4.50bn$4.22bn$4.01bn$3.93bn$3.89bn
Cash and short-term investments$1.36bn$1.56bn$1.54bn$1.31bn$774.0m$1.19bn$1.00bn$1.07bn
Debt$331.6m$419.5m$419.2m$458.9m$471.8m$484.8m$498.9m$513.0m
Shareholders' equity$1.34bn$1.28bn$1.20bn$1.18bn$1.09bn$1.10bn$1.07bn$992.8m

Financial ratios

Data as of 12 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin12.2%9.4%7.0%2.5%-5.8%-3.1%——
Operating margin12.0%4.0%1.8%-1.9%-8.9%-7.0%——
Net margin7.9%5.3%2.7%1.4%-9.3%-4.2%——
Return on equity23.7%18.8%9.7%4.6%-68.2%-14.9%——
Return on assets7.2%4.9%2.5%1.2%-10.6%-4.0%——
Free cash flow yield0.0%0.1%0.1%-0.0%0.0%0.1%——
Revenue growth3.9%17.0%29.8%-28.9%-98.7%-6.6%——
Earnings growth55.4%128.1%157.0%-110.4%-97.2%-28.1%——
Current ratio0.94x0.88x0.91x0.80x0.77x0.82x——
Debt to equity0.29x0.45x0.57x0.51x0.80x1.80x——
Equity ratio30.5%26.2%25.4%25.9%15.5%26.7%——
Interest coverage13.02x2.04x0.94x-0.61x-4.22x-9.23x——
R&D as a share of sales——43.3%47.5%14.9%0.2%0.1%0.1%
Buybacks as a share of market value-0.0%0.1%-21.3%-0.0%-0.0%-0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.4%10.6%-36.3%
Operating income——-32.5%
Net income——-27.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin8.3%3.4%2.4%6.2%
Operating margin3.0%-1.2%-2.1%1.9%
Net margin4.1%-0.1%-1.4%1.6%

Valuation history

At each fiscal year end

FY2024FY2023FY2022FY2021FY2020
Price to earnings6.69.513.0-1.4-5.1
Price to sales0.30.30.20.10.2

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 29 Dec 2025.

FY2025FY2024FY2021FY2020FY2019FY2018FY2017FY2016
Paid in the year1.9020.3051.2546.2543.7541.2538.7536.25

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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