Okano Valve

6492.TMEDIUM

Equipment · Weight: 4%· Data as of 2026-04-21

¥17,520-2.5%
6-month daily

Investment Thesis

MONOPOLY: Main Steam Safety Relief Valve (MS-SRV) installed in ALL BWR plants in Japan. World-first stellite overlay technology. Micro-cap (16B) = huge leverage to nuclear restarts.

Risk

Tiny company, low liquidity. BWR restart pace is the sole catalyst.

Monitoring Trigger

BWR restart schedule (Kashiwazaki-Kariwa, Onagawa, Shika).

Key Metrics

21.6
PE
null
Fwd PE
1.77
P/B
8.2%
ROE
10.1%
Op Margin
5%
D/E
0.41%
Div Yield
+¥624M
FCF
¥21.2B
Mkt Cap

Sources & References

Peer Comparison

CompanyPEFwd PEROEOp MarginFCF
IHI Corporation23.72226.8%8.8%+¥68B
Hitachi28.9627.5813.65%11.1%+¥1,390B
Japan Steel Works33.531.19.09%8.4%-¥19.7B
Yokogawa Electric38.823.811.5%13.7%+¥44B
Fuji Electric20.317.711.8%10.3%+¥51B
Kanadevia10.97115.2%1.9%-¥22.6B
Organo Corporation272721.7%20.6%+¥19B
Kurita Water Industries22.321.86.8%12.4%+¥25B
Sumitomo Heavy Industries19.3185.0%4.8%-¥2.3B
Toyo Tanso23.223.85.7%14.6%-¥5.8B (capex phase)
Okano Valve21.68.2%10.1%+¥624M
Kobe Steel8.78.57.2%4.8%N/A
Ebara30.925.415.8%12.1%-¥51.5B (capex)
Stella Pharma-9.8%-23.6%N/A
Teikoku Denki10.499.512%18%N/A