SiriusVision Co., Ltd.

6276.T · JPX

Company research

SiriusVision Co., Ltd. (TSE: 6276) is a Yokohama, Japan-based industrial machinery company founded in 1966, primarily engaged in the planning, development, sale, and technical support of machine vision (image inspection) systems, software, and related products both domestically and internationally. Formerly known as Navitas Co., Ltd., the company rebranded to SiriusVision in January 2021, reflecting its strategic pivot from its original special printing machine business — including hot stamping and pad printing equipment — toward its now-dominant image inspection segment, which accounts for approximately 86% of consolidated revenues. Its product portfolio includes container, plate, substrate, seal label, and card inspection systems, as well as proprietary software solutions such as AsmilVision and FlexVision, catering to manufacturers seeking automated quality control. The company also maintains an international presence through subsidiaries in Thailand and China, targeting growing ASEAN and Chinese markets with its inspection system solutions.

Research reports

ValueInvesting.io · May 26, 20266276.T Intrinsic Value – Valuation Summary

Valuation-focused note applying multiple discounted cash flow and relative value models concludes that SiriusVision is heavily overvalued versus intrinsic value, with modeled fair values far below the current share price and negative implied upside across DCF, P/E, EPV, and dividend discount approaches. It highlights the sensitivity and potential invalidity of certain DCF outputs but still presents a consistent bearish stance on valuation, supported by detailed model parameters including WACC, cost of equity, and enterprise value metrics.