Consistent Revenue GrowthA 13.4% year-over-year revenue increase (and ~16.2% multi-year revenue growth metric) signals durable consumer demand and successful product distribution. Sustained top-line momentum supports scale economics, funds new product launches and helps maintain margins over the medium term.

Robust Cash GenerationFree cash flow growth of 131.4% and an operating cash flow to net income ratio of 1.35 show the company reliably converts profits into cash. Strong cash generation provides durable internal funding for capex, working capital, shareholder returns or strategic investments without raising leverage.

Conservative Balance Sheet, Low LeverageAn equity ratio of 74.6% and debt-to-equity of 0.01 indicate very low financial leverage, enhancing resilience to demand shocks or input-cost volatility. This conservatism maintains strategic optionality to invest, pursue M&A or support operations without materially increasing financial risk.

Bears Say

Declining EPSA roughly 14.7% decline in EPS points to pressure on per-share profitability or potential one-off impacts. Continued EPS contraction can reduce retained earnings, limit dividend capacity and weaken the company's ability to self-fund future growth initiatives over the medium term.

Modest Returns On Equity / Operating EfficiencyROE of 4.3% alongside commentary that EBIT margins remain relatively modest suggests limited efficiency in converting capital and sales into shareholder returns. Persistently low ROE can signal suboptimal capital allocation and constrain long-term value creation versus higher-return peers.

High Domestic Market ConcentrationA business model focused largely on Japan's snack retail channels limits geographic diversification and addressable market expansion. This structural concentration increases sensitivity to domestic consumption patterns and demographics, constraining scalable growth opportunities over time.

2221 FAQ

What was Iwatsuka Confectionery Co., Ltd.’s price range in the past 12 months?

Iwatsuka Confectionery Co., Ltd. lowest stock price was ¥2559.00 and its highest was ¥3550.00 in the past 12 months.

What is Iwatsuka Confectionery Co., Ltd.’s market cap?

Iwatsuka Confectionery Co., Ltd.’s market cap is ¥37.87B.

When is Iwatsuka Confectionery Co., Ltd.’s upcoming earnings report date?

Iwatsuka Confectionery Co., Ltd.’s upcoming earnings report date is May 20, 2026 which is in 86 days.

How were Iwatsuka Confectionery Co., Ltd.’s earnings last quarter?

Iwatsuka Confectionery Co., Ltd. released its earnings results on Feb 12, 2026. The company reported ¥54.13 earnings per share for the quarter, beating the consensus estimate of N/A by ¥54.13.

Is Iwatsuka Confectionery Co., Ltd. overvalued?

According to Wall Street analysts Iwatsuka Confectionery Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Iwatsuka Confectionery Co., Ltd. pay dividends?

Iwatsuka Confectionery Co., Ltd. pays a Annually dividend of ¥30 which represents an annual dividend yield of 0.84%. See more information on Iwatsuka Confectionery Co., Ltd. dividends here

What is Iwatsuka Confectionery Co., Ltd.’s EPS estimate?

Iwatsuka Confectionery Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Iwatsuka Confectionery Co., Ltd. have?

Iwatsuka Confectionery Co., Ltd. has 11,990,000 shares outstanding.

What happened to Iwatsuka Confectionery Co., Ltd.’s price movement after its last earnings report?

Iwatsuka Confectionery Co., Ltd. reported an EPS of ¥54.13 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.808%.

Which hedge fund is a major shareholder of Iwatsuka Confectionery Co., Ltd.?

Currently, no hedge funds are holding shares in JP:2221

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Iwatsuka Confectionery Co., Ltd.

Iwatsuka Confectionery Co., Ltd. manufactures and sells rice crackers in Japan. It offers black soybean rice crackers; vegetable rice crackers with carrot, cabbage, and spinach; fish rice crackers with domestic sardine powder and carrot; quick-dissolving crackers; and rice crackers with soy sauce, roasted salt, and sugar coating. The company was formerly known as Iwatsuka Nosan Kakojo Co., Ltd. and changed its name to Iwatsuka Confectionery Co., Ltd. in 1960. Iwatsuka Confectionery Co., Ltd. was founded in 1947 and is headquartered in Nagaoka, Japan.