# Harmonic Drive Systems Inc. (HSYDF)

> Industrials · JP · Reports in JPY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/HSYDF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2027 | ¥ 16.56B | ¥ 1.26B | N/A | ¥ 16.77B | ¥ 80.80B |
| 2026 | ¥ 59.89B | ¥ 1.62B | ¥ 0 | ¥ 18.18B | ¥ 80.90B |
| 2025 | ¥ 55.65B | ¥ 3.47B | ¥ 0 | ¥ 20.74B | ¥ 78.94B |
| 2024 | ¥ 55.80B | ¥ -24.81B | ¥ 15.22B | ¥ 23.81B | ¥ 79.40B |
| 2023 | ¥ 71.53B | ¥ 7.60B | ¥ 14.95B | ¥ 27.37B | ¥ 103.96B |
| 2022 | ¥ 57.09B | ¥ 6.64B | ¥ 0 | ¥ 20.91B | ¥ 98.86B |
| 2021 | ¥ 37.03B | ¥ 662.50M | ¥ 0 | ¥ 9.50B | ¥ 102.89B |
| 2020 | ¥ 37.23B | ¥ -826.70M | ¥ 0 | ¥ 10.26B | ¥ 98.03B |
| 2019 | ¥ 66.53B | ¥ 11.38B | ¥ 0 | ¥ 2.31B | ¥ 104.81B |
| 2018 | ¥ 53.74B | ¥ 7.97B | ¥ 0 | N/A | ¥ 100.29B |
| 2017 | ¥ 29.83B | ¥ 19.57B | ¥ 0 | ¥ 15.84B | ¥ 55.00B |
| 2016 | ¥ 28.34B | ¥ 5.01B | ¥ 0 | ¥ 1.11B | ¥ 37.12B |
| 2015 | ¥ 26.09B | ¥ 4.86B | ¥ 0 | ¥ 894.04M | ¥ 36.24B |
| 2014 | ¥ 21.24B | ¥ 3.02B | ¥ 0 | ¥ 359.22M | ¥ 29.32B |
| 2013 | ¥ 18.70B | ¥ 2.02B | ¥ 0 | ¥ 5.14B | ¥ 24.96B |
| 2012 | ¥ 21.12B | ¥ 2.24B | N/A | ¥ 6.95B | ¥ 22.72B |
| 2011 | ¥ 23.01B | ¥ 3.09B | ¥ 3.91B | ¥ 2.67B | ¥ 22.13B |
| 2010 | ¥ 12.58B | ¥ 520.30M | ¥ -514.93M | ¥ 3.32B | ¥ 18.47B |
| 2009 | ¥ 11.72B | ¥ 946.43M | ¥ 1.74B | ¥ 4.00B | ¥ 16.94B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.21 |
| Liabilities / Eq | 0.39 |
| Current Ratio | 3.88 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 5.00 |
| Gross Debt / FCF | 5.56 |

## Other views

- [Metrics](https://sponda.capital/en/HSYDF.md)
- [Charts](https://sponda.capital/en/HSYDF/charts.md)
- [Compare](https://sponda.capital/en/HSYDF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.