VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Tuesday, December 30, 2025

Stock Comparison

Nabtesco Corporation vs Tokyo Electron Limited

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Nabtesco Corporation

6268 · Tokyo Stock Exchange

Market cap (USD)
SectorIndustrials
CountryJP
Data as of2025-12-30
Moat score
91/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Nabtesco Corporation's moat claims, evidence, and risks.

View 6268 analysis

Tokyo Electron Limited

8035 · Tokyo Stock Exchange

Market cap (USD)$100.5B
SectorTechnology
CountryJP
Data as of2025-12-29
Moat score
86/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Tokyo Electron Limited's moat claims, evidence, and risks.

View 8035 analysis

Comparison highlights

  • Moat score gap: Nabtesco Corporation leads (91 / 100 vs 86 / 100 for Tokyo Electron Limited).
  • Segment focus: Nabtesco Corporation has 4 segments (34.2% in Component Solutions Business); Tokyo Electron Limited has 3 segments.
  • Moat breadth: Nabtesco Corporation has 5 moat types across 3 domains; Tokyo Electron Limited has 5 across 2.

Primary market context

Nabtesco Corporation

Component Solutions Business

Market

Precision reduction gears (RV reducers) for industrial robot joints

Geography

Global

Customer

Industrial robot manufacturers (OEMs)

Role

Precision motion-control component supplier

Revenue share

34.2%

Tokyo Electron Limited

Coater/Developer (Lithography Track) Systems

Market

Coater/developer track systems for semiconductor lithography

Geography

Global

Customer

Semiconductor fabs

Role

Equipment OEM (process tool)

Side-by-side metrics

Nabtesco Corporation
Tokyo Electron Limited
Ticker / Exchange
6268 - Tokyo Stock Exchange
8035 - Tokyo Stock Exchange
Market cap (USD)
n/a
$100.5B
Sector
Industrials
Technology
HQ country
JP
JP
Primary segment
Component Solutions Business
Coater/Developer (Lithography Track) Systems
Market structure
Quasi-Monopoly
Quasi-Monopoly
Market share
55%-65% (reported)
88%-92% (reported)
HHI estimate
n/a
n/a
Pricing power
Strong
Strong
Moat score
91 / 100
86 / 100
Moat domains
Supply, Demand, Legal
Demand, Supply
Last update
2025-12-30
2025-12-29

Moat coverage

Shared moat types

Learning Curve YieldDesign In QualificationService Field Network

Nabtesco Corporation strengths

Compliance AdvantageBrand Trust

Tokyo Electron Limited strengths

Capex Knowhow ScaleInstalled Base Consumables

Segment mix

Nabtesco Corporation segments

Full profile >

Component Solutions Business

Quasi-Monopoly

34.2%

Transport Solutions Business

Oligopoly

27.4%

Accessibility Solutions Business

Quasi-Monopoly

33%

Other Businesses

Quasi-Monopoly

5.4%

Tokyo Electron Limited segments

Full profile >

Coater/Developer (Lithography Track) Systems

Quasi-Monopoly

n/a

Wafer Fab Process Tools (Etch/Cleaning/Deposition/Thermal/Bonding/Probing)

Oligopoly

n/a

Field Solutions (Spare Parts, Repairs, Upgrades, On-site Service, Used Tools)

Quasi-Monopoly

n/a

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.