<ul>
<li>在 2025 年 8 月 14 日至 10 月 31 日期间，荏原制造公司完成了 2985271 股的股票回购，代表 0.65%，金额为 102 亿日元，并将 2025 财年的收益指引上调至收入 9270 亿日元和营业利润 1100 亿日元。</li>
<li>这标志着荏原的商业前景改善，收入、营业利润和归属于母公司所有者的利润的预测均高于之前的指引。</li>
<li>我们将探讨荏原的收益上调如何在积极的资本管理中增强其投资叙事。</li>
</ul>
<p>我们发现 14 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<h2>荏原的投资叙事是什么？</h2>
<p>成为荏原制造公司的股东，您需要对其实现升级后的收益指引和持续的资本管理举措（如最近完成的 102 亿日元股票回购）充满信心。回购和上调指引将收入预期提升至 9270 亿日元，营业利润提升至 1100 亿日元，表明管理层对近期业务实力和盈利能力的信心。这些举措可能通过增强市场信心、潜在减少波动性和缩小与共识公允价值的价格折扣，作为短期催化剂。然而，最近的利润和收入增长与荏原的历史平均水平和更广泛的日本市场预期相比，似乎显得温和。公司相对较高的市盈率，尤其是与行业同行相比，使得估值敏感性和未来利润压力成为关注焦点。改善的前景可能缓解一些担忧，但并未消除市场周期性和预计较慢的收入增长等结构性风险。另一方面，高估值水平仍然是投资者的主要担忧。</p>
<p>尽管有所回落，荏原的股票可能仍在其公允价值之上，可能还有进一步下跌的空间。了解具体情况。</p>
<h2>探索其他视角</h2>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/16991afd-a1d5-4bbe-a631-2640470c0849/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/16991afd-a1d5-4bbe-a631-2640470c0849/chart/community-fair-value"/></p>
<p>TSE:6361 社区公允价值截至 2025 年 11 月</p>
<p>来自 Simply Wall St 社区的三项独立估计将荏原的公允价值定在每股 3817 日元到 24021 日元之间。这种广泛的差距显示出意见的分歧程度。许多人仍然关注该股票相对于机械行业同行的较高市盈率，这提高了持续增长的风险。</p>
<p>探索荏原的其他 3 个公允价值估计 - 为什么该股票可能比当前价格高出 6 倍以上！</p>
<h2>构建您自己的荏原叙事</h2>
<p>不同意这一评估？在不到 3 分钟的时间内创建您自己的叙事 - 非凡的投资回报通常不是来自随大流。</p>
<ul>
<li>开展荏原研究的一个良好起点是我们的分析，突出 3 个关键回报和 2 个可能影响您投资决策的重要警示信号。</li>
<li>我们的免费荏原研究报告提供了全面的基本面分析，以单一视觉 - 雪花图的形式总结，使您能够一目了然地评估荏原的整体财务健康状况。</li>
</ul>
<h2>荏原没有机会？</h2>
<p>早期投资者已经开始注意。查看他们在飞走之前所瞄准的股票：</p>
<ul>
<li>探索 26 家领先下一代技术革命的量子计算公司，推动量子算法、超导量子比特和前沿研究的突破。</li>
<li>超越巨头：这 26 只早期 AI 股票可能为您的退休提供资金。</li>
<li>特朗普的石油繁荣来了 - 管道准备获利。发现 22 只乘风破浪的美国股票。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 对提到的任何股票没有持仓。</em></p>

6361

<p>荏原制造公司完成了 2985271 股的股票回购，金额为 102 亿日元，并将 2025 年的收益指引上调至 9270 亿日元的收入和 1100 亿日元的营业利润。这些举措反映了管理层对业务实力的信心，并旨在提升市场信心。然而，关于高估值水平和市场周期性等结构性风险的担忧仍然存在</p>

<ul>
<li>Between August 14 and October 31, 2025, Ebara Corporation completed a share buyback of 2,985,271 shares, representing 0.65%, for ¥10,200 million and raised its full-year 2025 earnings guidance to revenue of ¥927.0 billion and operating profit of ¥110.0 billion.</li>
<li>This marks an improved business outlook for Ebara, with higher forecasts for revenue, operating profit and profit attributable to owners of parent compared to previous guidance.</li>
<li>We will explore how Ebara’s upward earnings revision could strengthen its investment narrative amid active capital management.</li>
</ul>
<div class="lb-trans"><ul>
<li>在 2025 年 8 月 14 日至 10 月 31 日期间，荏原制造公司完成了 2985271 股的股票回购，代表 0.65%，金额为 102 亿日元，并将 2025 财年的收益指引上调至收入 9270 亿日元和营业利润 1100 亿日元。</li>
<li>这标志着荏原的商业前景改善，收入、营业利润和归属于母公司所有者的利润的预测均高于之前的指引。</li>
<li>我们将探讨荏原的收益上调如何在积极的资本管理中增强其投资叙事。</li>
</ul>
</div><p>We've found 14 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 14 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><h2>What Is Ebara's Investment Narrative?</h2>
<div class="lb-trans"><h2>荏原的投资叙事是什么？</h2>
</div><p>To be a shareholder in Ebara Corporation, you need confidence in its ability to deliver on upgraded earnings guidance and ongoing capital management moves like the recently completed ¥10.2 billion share buyback. The buyback and raised guidance, lifting expectations for revenue to ¥927.0 billion and operating profit to ¥110.0 billion, signal management’s belief in near-term business strength and profitability. These steps could act as short-term catalysts by building market confidence, potentially reducing volatility, and narrowing the price discount to consensus fair value. However, the recent gains in profit and revenue growth appear modest compared to both Ebara's historical averages and broader JP market expectations. The company’s relatively high price-to-earnings multiple, especially versus industry peers, keeps valuation sensitivity and future margin pressure squarely in focus. The improved outlook may ease some concerns but doesn’t erase structural risks such as market cyclicality and slower projected top-line growth. On the other hand, high valuation levels remain a key concern for investors.</p>
<div class="lb-trans"><p>成为荏原制造公司的股东，您需要对其实现升级后的收益指引和持续的资本管理举措（如最近完成的 102 亿日元股票回购）充满信心。回购和上调指引将收入预期提升至 9270 亿日元，营业利润提升至 1100 亿日元，表明管理层对近期业务实力和盈利能力的信心。这些举措可能通过增强市场信心、潜在减少波动性和缩小与共识公允价值的价格折扣，作为短期催化剂。然而，最近的利润和收入增长与荏原的历史平均水平和更广泛的日本市场预期相比，似乎显得温和。公司相对较高的市盈率，尤其是与行业同行相比，使得估值敏感性和未来利润压力成为关注焦点。改善的前景可能缓解一些担忧，但并未消除市场周期性和预计较慢的收入增长等结构性风险。另一方面，高估值水平仍然是投资者的主要担忧。</p>
</div><p>Despite retreating, Ebara's shares might still be trading above their fair value and there could be some more downside. Discover how much.</p>
<div class="lb-trans"><p>尽管有所回落，荏原的股票可能仍在其公允价值之上，可能还有进一步下跌的空间。了解具体情况。</p>
</div><h2>Exploring Other Perspectives</h2>
<div class="lb-trans"><h2>探索其他视角</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/16991afd-a1d5-4bbe-a631-2640470c0849/chart/community-fair-value" alt="" original-src="https://images.simplywall.st/company/16991afd-a1d5-4bbe-a631-2640470c0849/chart/community-fair-value"/></p>
<p>TSE:6361 Community Fair Values as at Nov 2025</p>
<div class="lb-trans"><p>TSE:6361 社区公允价值截至 2025 年 11 月</p>
</div><p>Three individual estimates from the Simply Wall St Community place Ebara’s fair value between ¥3,817 and a very large ¥24,021 per share. Such a wide span shows how sharply opinions can diverge. Many remain mindful of the stock’s higher price-to-earnings ratio compared to machinery peers, which raises the stakes for consistent growth.</p>
<div class="lb-trans"><p>来自 Simply Wall St 社区的三项独立估计将荏原的公允价值定在每股 3817 日元到 24021 日元之间。这种广泛的差距显示出意见的分歧程度。许多人仍然关注该股票相对于机械行业同行的较高市盈率，这提高了持续增长的风险。</p>
</div><p>Explore 3 other fair value estimates on Ebara - why the stock might be worth over 6x more than the current price!</p>
<div class="lb-trans"><p>探索荏原的其他 3 个公允价值估计 - 为什么该股票可能比当前价格高出 6 倍以上！</p>
</div><h2>Build Your Own Ebara Narrative</h2>
<div class="lb-trans"><h2>构建您自己的荏原叙事</h2>
</div><p>Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p>
<div class="lb-trans"><p>不同意这一评估？在不到 3 分钟的时间内创建您自己的叙事 - 非凡的投资回报通常不是来自随大流。</p>
</div><ul>
<li>A great starting point for your Ebara research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.</li>
<li>Our free Ebara research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Ebara's overall financial health at a glance.</li>
</ul>
<div class="lb-trans"><ul>
<li>开展荏原研究的一个良好起点是我们的分析，突出 3 个关键回报和 2 个可能影响您投资决策的重要警示信号。</li>
<li>我们的免费荏原研究报告提供了全面的基本面分析，以单一视觉 - 雪花图的形式总结，使您能够一目了然地评估荏原的整体财务健康状况。</li>
</ul>
</div><h2>No Opportunity In Ebara?</h2>
<div class="lb-trans"><h2>荏原没有机会？</h2>
</div><p>Early movers are already taking notice. See the stocks they're targeting before they've flown the coop:</p>
<div class="lb-trans"><p>早期投资者已经开始注意。查看他们在飞走之前所瞄准的股票：</p>
</div><ul>
<li>Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.</li>
<li>Outshine the giants: these 26 early-stage AI stocks could fund your retirement.</li>
<li>Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.</li>
</ul>
<div class="lb-trans"><ul>
<li>探索 26 家领先下一代技术革命的量子计算公司，推动量子算法、超导量子比特和前沿研究的突破。</li>
<li>超越巨头：这 26 只早期 AI 股票可能为您的退休提供资金。</li>
<li>特朗普的石油繁荣来了 - 管道准备获利。发现 22 只乘风破浪的美国股票。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 对提到的任何股票没有持仓。</em></p>
</div>

荏原公司（TSE:6361）的股票回购和盈利上调是否会重塑其投资故事？