Arisawa Manufacturing
5208.TMEDIUMScore: 43.2Materials · Weight: 5%· Data as of 2026-04-20
Also in:restocking
¥2,277-16.38%
6-month dailyInvestment Thesis
Small-cap pure-play on electronic materials including glass cloth for PCB substrates. PE 14.85x with nearly 6% dividend yield provides downside protection. Benefits directly from CCL price upcycle. Ranked #1 in Japan glass cloth attention rankings.
Risk
Smaller scale, less pricing power than Nittobo. Lower growth trajectory. Less direct AI exposure.
Monitoring Trigger
Watch CCL price pass-through to margins. Potential acquisition target given small market cap.
Key Dates
2026-05earningsFY2025 full-year results
Key Metrics
14.85
PE
14.54
Fwd PE
1
P/B
6.85%
ROE
7%
Op Margin
N/A
D/E
5.93%
Div Yield
N/A
FCF
¥47.6B
Mkt Cap
Business Segments
| Segment | Revenue | Share | Description |
|---|---|---|---|
| Electronic Materials | Primary | Niche | Glass cloth, prepreg for PCB substrates and insulation |
Supply Chain Evidence
| Evidence | Customer | Product | Detail |
|---|---|---|---|
| probable | Mid-tier PCB manufacturers | Glass cloth and prepreg for PCB substrates | Domestic Japan PCB supply chain |