Horiba (6856.T) Stock Price

Horiba Price

JPX·CLOSED
27,000.00JPY-810.00 (-2.96 %)
Market closed

Over the last 19 years Horiba grew revenue by 5.7% annually, reaching 333.08 B JPY. Earnings per share have grown at 9.6% per year over the last 19 years. For Horiba, the net margin of 11.1% is up versus 9.5% a few years ago. At today's price the dividend yield works out to roughly 1.07%. The payout ratio is around 33% of earnings. The dividend has grown at 9.5% per year over the past 19 years. The consensus 12-month price target for Horiba is 17,085.00 JPY, about 36.7% below where the stock trades today. Of 13 analysts, 10 rate the stock a buy — an overall Buy consensus. The stock trades about 147% above its 52-week low.

Horiba stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Horiba over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Horiba stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Horiba's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Horiba Stock Price History
DateHoriba Price
8/6/202627,000.00 JPY
8/5/202627,810.00 JPY
8/4/202626,780.00 JPY
8/3/202626,110.00 JPY
7/31/202625,675.00 JPY
7/30/202624,370.00 JPY
7/29/202623,520.00 JPY
7/28/202624,700.00 JPY
7/27/202626,690.00 JPY
7/24/202626,540.00 JPY
7/23/202627,085.00 JPY
7/22/202627,165.00 JPY
7/21/202626,155.00 JPY
7/17/202625,495.00 JPY
7/16/202627,835.00 JPY
7/15/202628,885.00 JPY
7/14/202626,660.00 JPY
7/13/202627,870.00 JPY
7/10/202627,680.00 JPY
7/9/202626,400.00 JPY
7/8/202625,440.00 JPY
7/7/202626,360.00 JPY
7/6/202627,650.00 JPY
7/3/202627,555.00 JPY
7/2/202627,870.00 JPY
7/1/202628,345.00 JPY
6/30/202627,585.00 JPY
6/29/202626,950.00 JPY
6/26/202627,735.00 JPY
6/25/202628,470.00 JPY
6/24/202627,315.00 JPY
6/23/202627,730.00 JPY
6/22/202628,735.00 JPY
6/19/202629,195.00 JPY
6/18/202628,515.00 JPY
6/17/202627,600.00 JPY
6/16/202626,690.00 JPY
6/15/202626,730.00 JPY
6/12/202625,740.00 JPY
6/11/202624,290.00 JPY
6/10/202624,740.00 JPY
6/9/202625,180.00 JPY
6/8/202624,620.00 JPY
6/5/202626,115.00 JPY
6/4/202626,350.00 JPY
6/3/202626,715.00 JPY
6/2/202625,810.00 JPY
6/1/202626,990.00 JPY
5/29/202626,490.00 JPY
5/28/202625,765.00 JPY
5/27/202626,130.00 JPY
5/26/202625,575.00 JPY
5/25/202626,195.00 JPY
5/22/202625,895.00 JPY
5/21/202625,085.00 JPY
5/20/202624,630.00 JPY
5/19/202625,020.00 JPY
5/18/202625,790.00 JPY
5/15/202626,750.00 JPY
5/14/202625,100.00 JPY
5/13/202624,310.00 JPY
5/12/202624,135.00 JPY
5/11/202623,710.00 JPY
5/8/202623,170.00 JPY
5/7/202622,600.00 JPY
5/1/202621,630.00 JPY
4/30/202621,700.00 JPY
4/28/202621,790.00 JPY
4/27/202621,805.00 JPY
4/24/202621,645.00 JPY
4/23/202621,490.00 JPY
4/22/202621,385.00 JPY
4/21/202621,150.00 JPY
4/20/202620,985.00 JPY
4/17/202620,875.00 JPY
4/16/202621,380.00 JPY
4/15/202621,360.00 JPY
4/14/202621,250.00 JPY
4/13/202620,860.00 JPY
4/10/202621,095.00 JPY
4/9/202620,165.00 JPY
4/8/202619,760.00 JPY
4/7/202618,595.00 JPY
4/6/202618,575.00 JPY
4/3/202618,585.00 JPY
4/2/202618,020.00 JPY
4/1/202618,615.00 JPY
3/31/202617,865.00 JPY
3/30/202617,835.00 JPY
3/27/202618,335.00 JPY
3/26/202618,610.00 JPY
3/25/202619,310.00 JPY
3/24/202618,400.00 JPY
3/23/202618,090.00 JPY
3/19/202618,820.00 JPY
3/18/202619,525.00 JPY
3/17/202618,675.00 JPY
3/16/202619,085.00 JPY
3/13/202618,830.00 JPY
3/12/202618,845.00 JPY
3/11/202619,290.00 JPY
3/10/202619,425.00 JPY
3/9/202618,400.00 JPY
3/6/202619,835.00 JPY
3/5/202619,710.00 JPY
3/4/202619,405.00 JPY
3/3/202620,345.00 JPY
3/2/202620,970.00 JPY
2/27/202621,045.00 JPY
2/26/202620,270.00 JPY
2/25/202619,865.00 JPY
2/24/202619,475.00 JPY
2/20/202619,250.00 JPY
2/19/202619,540.00 JPY
2/18/202619,205.00 JPY
2/17/202619,250.00 JPY
2/16/202619,250.00 JPY
2/13/202619,500.00 JPY
2/12/202620,280.00 JPY
2/10/202620,050.00 JPY
2/9/202619,875.00 JPY
2/6/202619,015.00 JPY
2/5/202618,765.00 JPY
2/4/202619,135.00 JPY
2/3/202618,905.00 JPY
2/2/202618,070.00 JPY
1/30/202618,315.00 JPY
1/29/202618,500.00 JPY
1/28/202618,795.00 JPY
1/27/202618,685.00 JPY
1/26/202617,910.00 JPY
1/23/202618,280.00 JPY
1/22/202618,310.00 JPY
1/21/202618,005.00 JPY
1/20/202617,640.00 JPY
1/19/202617,740.00 JPY
1/16/202617,770.00 JPY
1/15/202617,485.00 JPY
1/14/202617,570.00 JPY
1/13/202617,135.00 JPY
1/9/202616,470.00 JPY
1/8/202616,425.00 JPY
1/7/202616,810.00 JPY
1/6/202616,450.00 JPY
1/5/202616,325.00 JPY
12/30/202515,960.00 JPY
12/29/202516,080.00 JPY
12/26/202516,315.00 JPY
12/25/202516,450.00 JPY
12/24/202516,095.00 JPY
12/23/202515,980.00 JPY
12/22/202515,990.00 JPY
12/19/202515,580.00 JPY
12/18/202515,420.00 JPY
12/17/202515,450.00 JPY
12/16/202515,250.00 JPY
12/15/202515,840.00 JPY
12/12/202515,945.00 JPY
12/11/202515,925.00 JPY
12/10/202515,980.00 JPY
12/9/202516,130.00 JPY
12/8/202516,150.00 JPY
12/5/202515,265.00 JPY
12/4/202515,350.00 JPY
12/3/202514,810.00 JPY
12/2/202514,535.00 JPY
12/1/202514,450.00 JPY
11/28/202514,455.00 JPY
11/27/202514,460.00 JPY
11/26/202514,220.00 JPY
11/25/202514,065.00 JPY
11/21/202513,745.00 JPY
11/20/202514,130.00 JPY
11/19/202513,775.00 JPY
11/18/202514,135.00 JPY
11/17/202514,630.00 JPY
11/14/202513,040.00 JPY
11/13/202513,580.00 JPY
11/12/202513,560.00 JPY
11/11/202513,540.00 JPY
11/10/202513,750.00 JPY
11/7/202513,610.00 JPY
11/6/202514,005.00 JPY
11/5/202513,795.00 JPY
11/4/202514,100.00 JPY
10/31/202514,365.00 JPY
10/30/202514,245.00 JPY
10/29/202513,845.00 JPY
10/28/202513,575.00 JPY
10/27/202513,890.00 JPY
10/24/202513,415.00 JPY
10/23/202513,090.00 JPY
10/22/202513,245.00 JPY
10/21/202513,015.00 JPY
10/20/202513,010.00 JPY
10/17/202512,620.00 JPY
10/16/202512,870.00 JPY
10/15/202512,740.00 JPY
10/14/202512,415.00 JPY
10/10/202512,840.00 JPY
10/9/202513,245.00 JPY
10/8/202513,065.00 JPY
10/7/202513,250.00 JPY
10/6/202513,265.00 JPY
10/3/202513,070.00 JPY
10/2/202513,090.00 JPY
10/1/202512,475.00 JPY
9/30/202512,540.00 JPY
9/29/202512,585.00 JPY
9/26/202512,525.00 JPY
9/25/202512,995.00 JPY
9/24/202512,815.00 JPY
9/22/202512,800.00 JPY
9/19/202512,705.00 JPY
9/18/202512,630.00 JPY
9/17/202512,240.00 JPY
9/16/202512,315.00 JPY
9/12/202512,200.00 JPY
9/11/202512,050.00 JPY
9/10/202511,785.00 JPY
9/9/202511,530.00 JPY
9/8/202511,730.00 JPY
9/5/202511,795.00 JPY
9/4/202511,340.00 JPY
9/3/202511,340.00 JPY
9/2/202510,940.00 JPY
9/1/202510,950.00 JPY
8/29/202511,100.00 JPY
8/28/202511,140.00 JPY
8/27/202511,130.00 JPY
8/26/202511,185.00 JPY
8/25/202511,360.00 JPY
8/22/202511,285.00 JPY
8/21/202511,180.00 JPY
8/20/202511,185.00 JPY
8/19/202511,200.00 JPY
8/18/202511,015.00 JPY
8/15/202511,060.00 JPY
8/14/202510,965.00 JPY
8/13/202511,155.00 JPY
8/12/202511,185.00 JPY
8/8/202511,195.00 JPY
8/7/202511,195.00 JPY
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Horiba Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
290.56 B JPY
47.30 B JPY
40.30 B JPY
Jan 1, 2024
317.37 B JPY
48.34 B JPY
33.59 B JPY
Jan 1, 2025
333.08 B JPY
53.04 B JPY
37.09 B JPY
Jan 1, 2026 (e)
374.45 B JPY
61.47 B JPY
48.99 B JPY
Jan 1, 2027 (e)
406.36 B JPY
66.71 B JPY
57.30 B JPY
Jan 1, 2028 (e)
429.25 B JPY
70.47 B JPY
63.70 B JPY
Jan 1, 2029 (e)
451.25 B JPY
74.08 B JPY
71.23 B JPY
Jan 1, 2030 (e)
469.00 B JPY
76.99 B JPY
74.55 B JPY

Horiba Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 7:08 PM
 
REVENUEB JPY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB JPY
EBITB JPY
EBIT MARGIN%
NET INCOMEB JPY
NET INCOME GROWTH%
DIV.JPY
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
171.92170.09195.40210.57200.24187.08224.31270.13290.56317.37333.08374.45406.36429.25451.25469.00
12.32-1.0614.887.76-4.91-6.5719.9020.437.569.234.9512.428.525.635.133.93
41.9241.0142.6342.7141.2640.8641.5643.1943.8443.1243.9443.9443.9443.9443.9443.94
72.0769.7583.2989.9482.6276.4393.22116.67127.38136.86146.36164.54178.56188.61198.28206.08
20.1418.5026.8328.8420.9219.6932.0545.8447.3048.3453.0461.4766.7170.4774.0876.99
11.7210.8813.7313.7010.4510.5314.2916.9716.2815.2315.9216.4216.4216.4216.4216.42
13.2812.9616.2822.3115.4813.1921.3134.0740.3033.5937.0948.9957.3063.7071.2374.55
25.43-2.4125.6137.05-30.62-14.8161.5959.8818.28-16.6510.4232.0916.9611.1611.834.67
70.0085.00116.00125.00130.0090.00150.00245.00290.00245.00290.00546.00655.20786.24––
4.4821.4336.477.764.00-30.7766.6763.3318.37-15.5218.3788.2820.0020.00––
42.3342.3142.3342.3442.3642.3942.4142.4442.4842.2342.1842.1842.1842.1842.1842.18
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Horiba generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Horiba retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Horiba's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Horiba has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Horiba's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Horiba stock margins

The Horiba margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Horiba. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Horiba.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
41.56 %
14.29 %
9.50 %
Jan 1, 2022
43.19 %
16.97 %
12.61 %
Jan 1, 2023
43.84 %
16.28 %
13.87 %
Jan 1, 2024
43.12 %
15.23 %
10.58 %
Jan 1, 2025
43.94 %
15.92 %
11.14 %
Jan 1, 2026 (e)
43.94 %
16.42 %
13.08 %
Jan 1, 2027 (e)
43.94 %
16.42 %
14.10 %
Jan 1, 2028 (e)
43.94 %
16.42 %
14.84 %

Horiba Stock Revenue, EBIT, Earnings per Share

The Horiba earnings per share therefore indicates how much revenue Horiba has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
5,288.68 JPY
755.55 JPY
502.45 JPY
Jan 1, 2022
6,365.51 JPY
1,080.26 JPY
802.88 JPY
Jan 1, 2023
6,840.68 JPY
1,113.50 JPY
948.84 JPY
Jan 1, 2024
7,514.40 JPY
1,144.55 JPY
795.34 JPY
Jan 1, 2025
7,896.15 JPY
1,257.39 JPY
879.27 JPY
Jan 1, 2026 (e)
8,876.87 JPY
1,457.30 JPY
1,161.44 JPY
Jan 1, 2027 (e)
9,633.38 JPY
1,581.49 JPY
1,358.45 JPY
Jan 1, 2028 (e)
10,175.88 JPY
1,670.55 JPY
1,510.00 JPY

Horiba business model & stock analysis

Horiba Ltd is a Japanese company that was founded in 1945 and specializes in the production of measuring instruments. The company's history began with the development of pH meters, which quickly made the company a successful and innovative measuring instrument manufacturer. Horiba's business model is based on the production and sale of measuring instruments for a variety of applications. Customers come from various industries, including automotive, environment, semiconductor, medical analysis, and bio/pharmaceutical products. The company has several divisions, including Automotive Test Systems, Process and Environmental Monitoring, Semiconductor and Quartz Microbalance Systems, Medical Analysis Products, and other specialized products. Each division offers a wide range of products and services tailored to the specific industry's needs. One focus of Horiba is the automotive industry, where the company is a leading provider of emission measurement systems and other testing systems. Automotive test systems include a wide range of products and services, including exhaust gas analysis, vehicle emission tests, and on-board diagnostics tests. Another important division is process and environmental monitoring, where Horiba provides solutions and services for environmental measurements and monitoring. This includes in particular the monitoring of pollutant emissions in the environment and the control of industrial processes. Also offered are solutions for the semiconductor industry and quartz microbalance systems. In the semiconductor industry, process control and measurement systems are offered. Quartz microbalance systems are used in research and development as well as in production, where the measurement of mass changes at the atomic level is required. In addition to its business areas, Horiba offers a variety of specialized products, such as medical analysis products used in diagnosis and therapy. Over the years, Horiba Ltd has received numerous awards and is a leading provider in the field of measuring instruments. The company not only has extensive experience in research and development but also has a strong presence in global markets. In the future, Horiba Ltd plans to continue offering its customers a wide range of innovative and effective measuring solutions. The company will focus on constantly improving its products and technologies to meet the needs of its customers. In summary, Horiba Ltd is a diversified company that offers, among other things, measuring instruments for the automotive industry, environmental monitoring, the semiconductor industry, medical analysis, and other specialized products. The company has earned an impressive reputation in its field of business and will continue to play an important role in solving measurement and monitoring tasks in the future.

Horiba SWOT Analysis

Strengths

Horiba Ltd has built a strong and reputable brand name in the industry, known for its reliable and high-quality products and services.

The company boasts advanced technological capabilities and expertise, allowing it to develop innovative solutions that meet customer needs effectively.

Horiba Ltd has a widespread international presence, with a strong network of subsidiaries and offices across different regions, enabling it to tap into various markets and diversify its revenue streams.

The company offers a wide range of products and solutions across different segments, providing customers with comprehensive options and addressing multiple market demands.

Weaknesses

Horiba Ltd relies heavily on certain markets or industries, which poses risks in case of economic downturns or fluctuations within those sectors.

The company may face limitations in terms of financial resources, which could hinder its capacity to invest in research and development and expansion activities.

In certain product segments, Horiba Ltd faces competition from other companies offering similar solutions, making it vital to continuously innovate and differentiate to maintain a competitive edge.

Opportunities

The increasing global focus on environmental sustainability presents an opportunity for Horiba Ltd to leverage its expertise in developing products and technologies that address pollution control and emissions reduction.

Horiba Ltd can explore opportunities in emerging markets, such as Asia and Latin America, which have a growing demand for advanced testing equipment and industrial solutions.

The rapid pace of technological advancements opens doors for Horiba Ltd to develop newer and more sophisticated products and services, meeting the evolving needs of its customers.

Threats

The industry in which Horiba Ltd operates is highly competitive, with the presence of established players as well as emerging companies, which may pose challenges in terms of market share and pricing pressures.

Fluctuations in the global economy, including recessions or economic slowdowns, can impact Horiba Ltd's sales and profitability, particularly in sectors heavily reliant on industrial investments.

The rapid pace of technological developments can make existing products or solutions obsolete quickly, necessitating continuous research and development to stay ahead of the competition.

Horiba Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Horiba historical P/E ratio, EBIT multiple, and P/S ratio

Horiba annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Horiba shares outstanding

The number of shares of Horiba was 42.18 M in 2025. This indicates how many shares Horiba is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
42.41 M Stocks
Jan 1, 2022
42.44 M Stocks
Jan 1, 2023
42.48 M Stocks
Jan 1, 2024
42.23 M Stocks
Jan 1, 2025
42.18 M Stocks
Jan 1, 2026 (e)
42.18 M Stocks
Jan 1, 2027 (e)
42.18 M Stocks
Jan 1, 2028 (e)
42.18 M Stocks

Horiba Dividend History

36 years of dividend payments

YearAnnual DividendYoY ChangePayments
2025290.00JPY↑ 18.4%2×
Jun 27, 202580.00JPY↓ 51.5%1/2
Dec 29, 2025210.00JPY↑ 162.5%2/2
2024245.00JPY↓ 15.5%2×
2023290.00JPY↑ 18.4%2×
2022245.00JPY↑ 63.3%2×
2021150.00JPY↑ 66.7%2×
202090.00JPY↓ 30.8%2×
2019130.00JPY↑ 4.0%2×
2018125.00JPY↑ 7.8%2×
2017116.00JPY↑ 36.5%2×
201685.00JPY↑ 21.4%2×

Horiba dividend history and estimates

In 2025, Horiba paid a dividend amounting to 290.00 JPY. Dividend means that Horiba distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
150.00 JPY
0.00 JPY
Jan 1, 2022
245.00 JPY
0.00 JPY
Jan 1, 2023
290.00 JPY
0.00 JPY
Jan 1, 2024
245.00 JPY
0.00 JPY
Jan 1, 2025
290.00 JPY
0.00 JPY
Jan 1, 2026 (e)
0.00 JPY
546.00 JPY
Jan 1, 2027 (e)
0.00 JPY
655.20 JPY
Jan 1, 2028 (e)
0.00 JPY
786.24 JPY

Horiba dividend payout ratio

In 2025, Horiba had a payout ratio of 32.98%. The payout ratio indicates the percentage of the company's profits that Horiba distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
29.85 %
Jan 1, 2022
30.51 %
Jan 1, 2023
30.56 %
Jan 1, 2024
30.80 %
Jan 1, 2025
32.98 %
Jan 1, 2026 (e)
47.01 %
Jan 1, 2027 (e)
48.23 %
Jan 1, 2028 (e)
52.07 %

Current Horiba forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
4.69 %
Buy
76.92 % (10)
Hold
23.08 % (3)
Sell
0.00 % (0)
12M Price Target
17,085.00
Last Price
27,000.00
Currency
JPY
12M Return Potential
-36.72 %
LTM Return
0 %

Horiba Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/12/2024164.83JPY-78.52 BJPY-2023 Q4
11/11/202273.17JPY-63.58 BJPY-2022 Q3
8/12/2022133.02JPY-61.26 BJPY-2022 Q2
5/13/2022137.97JPY-57.60 BJPY-2022 Q1
2/14/2022161.04JPY-68.25 BJPY-2021 Q4
11/11/2021113.63JPY-54.76 BJPY-2021 Q3
8/10/202180.19JPY-49.32 BJPY-2021 Q2
5/13/202166.36JPY-46.06 BJPY-2021 Q1
2/15/2021106.66JPY-59.87 BJPY-2020 Q4
11/12/202075.45JPY-45.77 BJPY-2020 Q3

EESG©

Eulerpool ESG Scorecard© for the Horiba stock

26/100
31
Environment
23
Social
23
Governance
E

Environment

20
Scope 1 - Direct Emissions32,865
Scope 2 - Indirect emissions from purchased energy27,265
Scope 3 - Indirect emissions within the value chain694,341
Total CO₂ emissions60,130
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Horiba shareholder structure

% Name
2.97459%
Nomura Asset Management Co., Ltd.
Nomura Asset Management Co., Ltd.
2.69393%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.30512%
Daiwa Asset Management Co., Ltd.
Daiwa Asset Management Co., Ltd.
1.29603%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.24478%
Wellington Management Company, LLP
Wellington Management Company, LLP
1.08172%
T. Rowe Price International Ltd
T. Rowe Price International Ltd
...

Horiba Beneficial Ownership Filings (SEC 13D/G)

Free Float
85.0%
Float Shares
-
Shares Outstanding
-

Horiba Executives and Management Board

26 members · avg. age 65 · 8 % women

AH

Mr. Atsushi Horiba (76)

Chairman of the Board, Group Chief Executive Officer, Chairman of Subsidiary, Representative Director · since 1982

419.00 M JPY

Management

JS

Mr. Juichi Saito (66)

Vice Chairman of the Board, Group Chief Operating Officer, Representative Director · since 2005

251.00 M JPY
MA

Mr. Masayuki Adachi (61)

President, Chief Operating Officer, Representative Director · since 2006

197.00 M JPY
TN

Mr. Takashi Nagano (61)

Senior Managing Executive Officer · since 2005

107.00 M JPY
JH

Mr. Jai Hakhu (76)

Chairman, President & CEO of Subsidiaries, Director · since 2010

88.00 M JPY
YY

Mr. Yasuo Yamashita

Executive Officer, Chief Director of Administration, Chief Director of Finance and Legal Affairs, Manager of Tokyo Office

–
GG

Mr. George Gillespie

Senior Managing Executive Officer, Executive Chairman of Subsidiary

–

Board of Directors

HK

Mr. Hideyuki Koishi (61)

Chairman of Subsidiary, Director · since 2012

–
FM

Mr. Fumihiko Matsuda (63)

Independent Director

–
TT

Ms. Tomoko Tanabe (52)

Independent Director

–
HT

Mr. Haruyuki Toyama (65)

Independent Director

–

Horiba Supply Chain

Horiba Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
12 companies
#Nameβ 1YTrend
1
Fukuda Denshi
Customer·Health Care Equipment & Supplies·JP
0.16
-0.44
0.45
0.52
0.86
0.87
0.63
2
Shimadzu
Supplier·Customer·Electronic Equipment, Instruments & Components·JP
0.82
0.73
0.27
0.66
0.66
0.80
0.45
3
Ohizumi MFG
Supplier·Electronic Equipment, Instruments & Components·JP
-0.52
-0.39
-0.53
-0.24
0.58
0.79
—
4
CellaVision
Supplier·Health Care Equipment & Supplies·SE
0.70
0.60
-0.41
-0.33
0.72
0.73
0.72
5
Nippon Systemware
Supplier·Software·JP
0.59
0.67
0.06
0.26
0.76
0.65
—
#Nameβ 1YTrend
1
Puequ
Customer·Machinery·JP
-0.27
-0.64
0.24
0.65
0.77
-0.34
—
2
TURKCELL Iletisim
Supplier·Customer·Wireless Telecommunication Services·TR
-0.72
-0.61
-0.33
-0.10
-0.76
-0.09
-0.56
3
Covetrus Inc
Customer·Health Care Providers & Services·US
0.63
0.65
0.55
0.48
0.49
-0.05
—
4
Tokyo Koki
Customer·Electronic Equipment, Instruments & Components·JP
0.81
0.48
-0.09
0.14
0.43
0.01
—
5
Nikkato
Customer·Machinery·JP
0.38
-0.09
0.53
0.50
0.73
0.26
—

Frequently asked questions about Horiba

The business model of Horiba Ltd focuses on providing advanced measurement and analysis solutions for various industries. Horiba specializes in the development and manufacturing of scientific instruments and systems that cater to automotive, environmental, medical, and semiconductor sectors. The company offers a wide range of products and services, including automotive emission measurement systems, air pollution analyzers, medical diagnosis systems, and scientific instruments for research and development. Horiba's business model revolves around creating innovative technologies to support customers' specific measurement needs and contribute to improving society's quality of life.

Horiba Ltd is primarily active in the automotive, environmental, medical, and scientific industries.

The main competitors of Horiba Ltd in the market include companies such as Thermo Fisher Scientific, Agilent Technologies, Shimadzu Corporation, and PerkinElmer Inc. These companies also operate in the analytical and measurement instrument industry, providing similar products and services as Horiba. However, Horiba differentiates itself through its innovative technologies, global presence, and wide range of offerings in areas such as automotive testing, medical diagnostics, and scientific research.

Horiba Ltd is a renowned Japanese company specializing in scientific instruments and systems for automotive, environmental, medical, and semiconductor industries. Established in 1945 by Dr. Masao Horiba, the company initially focused on manufacturing radios but gradually shifted its focus to analytical instruments. Horiba Ltd has a rich history of delivering high-quality products and innovative solutions. With its strong commitment to research and development, the company has emerged as a global leader in various industries. Today, Horiba Ltd is recognized for its advanced technologies, precision instruments, and exceptional customer service, making it a trusted name worldwide.

Horiba Ltd has achieved several significant milestones over the years. In 1953, the company was founded by Dr. Masao Horiba as Horiba Radio Laboratory. It quickly gained recognition for its cutting-edge analyzer technologies, leading to the development of the world's first infrared gas analyzer in 1957. In the following years, Horiba Ltd continued to innovate and expanded its product portfolio to include automotive emission measurement systems. In 1996, the company became the world's largest supplier of automotive emission measurement systems. Today, Horiba Ltd is a global leader in measurement and analysis technology, providing solutions in various fields, including automotive, environmental, medical, and semiconductor industries.

Horiba Ltd is primarily present in multiple countries and regions across the globe. Some of the key locations where Horiba Ltd has a strong presence include Japan, the United States, Europe, Asia-Pacific, and many others. With its diversified operations and global footprint, Horiba Ltd actively serves customers and markets in these regions, delivering its innovative solutions and technologies.

Horiba Ltd is a leading global provider of measurement and analysis solutions. The company's values and corporate philosophy revolve around three key principles: "Openness and Sincerity," "Challenge and Innovation," and "Team Spirit." Horiba is committed to maintaining an open and sincere approach in all its business activities, fostering trust and transparency with its stakeholders. Furthermore, the company embraces a culture of continuous challenge and innovation, constantly seeking novel solutions to meet evolving market demands. Horiba promotes a strong sense of teamwork, encouraging collaboration and synergy among its employees to deliver superior products and services. Through these core values, Horiba Ltd strives to drive technological advancements and contribute to the improvement of society as a whole.

Analysts currently set an average price target of 16,957.50 JPY for the Horiba stock (median: 17,085.00 JPY), implying -37.2 % versus the latest price. The consensus is based on 13 analyst ratings.

Horiba Analyst Price Targets 2026

13 analysts currently rate the Horiba stock: 10 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Horiba to generate revenue of 374.45 B JPY and earnings per share of 1,161.44 JPY.

Horiba Analyst Price Targets 2026

Converted at the current exchange rate, the Horiba share trades at 148.32 EUR (27,000.00 JPY).

The Horiba share (6856.T) is listed on 5 stock exchanges, including: Frankfurt (01H.F), München (01H.MU), Düsseldorf (01H.DU).

Horiba Ltd is a Japanese company specializing in the manufacture of measuring instruments, analytical and automatic testing systems, as well as the development of environmental and automotive technologies. With headquarters in Kyoto and over 7,000 employees worldwide, Horiba is a global leader in providing solutions to the automotive, environmental, medical, and semiconductor industries. Automotive Testing Systems Horiba offers innovative and advanced developments in automotive technology. The company is involved in the development of testing systems for internal combustion engines, hybrid and electric vehicles. The products offered include engine testing systems, vehicle emission testing systems, noise analysis and vibration testing systems, drivetrain testing systems, environmental laboratory facilities and systems, and more. Environmental and Process Monitoring Systems As a leading provider of environmental technologies, Horiba offers advanced systems and solutions for monitoring and controlling air, water, and soil pollution, as well as general environmental impact. The company offers a wide range of systems for measuring air emissions, wastewater, drinking water, processing and treatment processes, as well as soil and plant nutrition measurement. Medical Diagnostics Systems Horiba has also made significant contributions in the field of medicine by developing advanced diagnostic systems. This includes devices for analyzing blood and biofluids, as well as instrumental testing systems for disease monitoring. The products offered also include devices for diagnostic analysis of cancer, infectious diseases, and diabetes. Semiconductor and Advanced Materials Horiba also manufactures advanced instruments and analyzers for characterizing semiconductors, advanced materials, nanomaterials, polymer systems, and smart devices. The products are specifically designed to meet the specific requirements of semiconductor and material research and to enhance knowledge and performance characteristics of materials. Overall, Horiba is a versatile and innovative provider of solutions in many industries. From automotive and environmental technology to medicine and semiconductor research, Horiba offers both standard and customized solutions that meet the specific needs of its customers and distinguish themselves in its various sectors with its robust and high-quality quality. Horiba aims to continue meeting the needs of its customers by responding to changing customer demands and continuing to develop innovative products.

The expected revenue of Horiba is 374.45 B JPY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Horiba is 48.99 B JPY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Horiba is currently 23.25. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Horiba stock.

The price-to-sales ratio (P/S) of Horiba is currently 3.04. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Horiba stock.

The Eulerpool Quality Score for Horiba is 7/10.

The ISIN of Horiba is JP3853000002. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Horiba is 864348. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Horiba is 6856.T. The ticker symbol is used to trade Horiba shares on the stock exchange.

Over the past 12 months, Horiba paid a dividend of 290.00 JPY . This corresponds to a dividend yield of about 1.07 %. For the coming 12 months, Horiba is expected to pay a dividend of 655.20 JPY.

The current dividend yield of Horiba is 1.07 %.

Horiba pays a dividend, distributed in the months of , , , .

Horiba paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 655.20 JPY are expected. This corresponds to a dividend yield of 2.43 %.

Horiba is assigned to the 'Information technology' sector.

To receive the latest dividend of Horiba from amounting to 210 JPY, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Horiba distributed 290 JPY as dividends.

The dividends of Horiba are distributed in JPY.

All fundamentals and in-depth analysis of Horiba

Our stock analysis for Horiba stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Horiba. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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