Nihon Kohden (TSE:6849) Moat Score: 5/10 (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6849 Nihon Kohden Corp TSE:6849
68 GF Score
Price 円1,542.50
GF Value 円2,162.06
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Nihon Kohden Moat Score?

Nihon Kohden TSE:6849 +0.26% 68 Moat Score is 5 as of Jul. 15, 2026. GuruFocus rates TSE:6849 with a GF Score™ of 68/100 and a GF Value™ of 円2,162.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 842 Medical Devices & Instruments companies, Nihon Kohden ranks better than 91.21% on this metric.

Nihon Kohden has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Nihon Kohden has Narrow Moat: Nihon Kohden Corp has a solid narrow moat due to its strong brand and customer loyalty in the medical equipment industry. While it benefits from some intellectual property and pricing power, the competitive landscape limits its ability to achieve a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Nihon Kohden might have Narrow Moat - Solid narrow moat.

Nihon Kohden  (TSE:6849) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Nihon Kohden Moat Score Related Terms

TSE:6849 vs ABT, SYK, MDT: Moat Score Comparison

For the Medical Devices subindustry, Nihon Kohden's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nihon Kohden Moat Score vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nihon Kohden's Moat Score distribution charts can be found below:

* The bar in red indicates where Nihon Kohden's Moat Score falls into.


TSE:6849
68GF Score
Nihon Kohden Corp TSE:6849
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Nihon Kohden (TSE:6849) has a Moat Score of 5 as of Jul. 15, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Nihon Kohden ranks #74 out of 842 companies in the Medical Devices & Instruments industry, placing it in the top 8.8%.
Is Nihon Kohden's Moat Score too high?
Nihon Kohden's current Moat Score is 5. Based on the distribution chart, Nihon Kohden ranks #74 out of 842 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon Kohden has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kohden's Moat Score compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Nihon Kohden ranks #74 out of 842 companies for Moat Score. This places Nihon Kohden in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Medical Devices & Instruments company?
A good Moat Score depends on the Medical Devices & Instruments industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Nihon Kohden's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kohden stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kohden (TSE:6849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,162.06, compared to a current price of 円1,542.50 — trading 28.7% below its estimated fair value. The current Moat Score is 5. Nihon Kohden's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Nihon Kohden (TSE:6849), the current Moat Score is 5 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nihon Kohden (TSE:6849) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Kohden stock appears to be undervalued. The current stock price of 円1,542.50 is trading 28.7% below its estimated GF Value™ of 円2,162.06. GuruFocus considers Nihon Kohden to be Modestly Undervalued.

Key valuation signals for TSE:6849:

  • Moat Score: 5
  • GF Value™: 円2,162.06 vs. price of 円1,542.50 (28.7% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:6849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nihon Kohden Business Description

Other Exchanges NHNKY:USA
Address 1-31-4 Nishiochiai, Shinjuku-ku, Tokyo, JPN, 161-8560
Nihon Kohden Corp is a Japan-based company engaged in the development, manufacturing, and sale of medical electronic equipment. It offers monitoring and diagnostic equipment such as electroencephalographs, electrocardiographs, and patient monitors, along with related systems and consumables. The company operates as a single business segment and manages its activities comprehensively across three reportable regions: Japan, North America, and Other Regions.
68GF Score

Get the complete analysis for TSE:6849

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,542.50
Price
円2,162.06
GF Value