Strong Free Cash FlowSustained high operating cash flow (~¥15.0B) and free cash flow (~¥12.5B) with FCF growth (~8.2%) indicate durable internal funding. This cash generation supports dividends, reinvestment, and debt servicing over the medium term and reduces reliance on external financing.

Improved Profitability And ROEMargins and return on equity have meaningfully improved versus prior year (TTM net ~4.7%, EBIT ~6.8%, ROE ~16.8%), reflecting better cost control or mix. Stronger profitability increases resilience to cyclical volume swings and supports sustainable earnings power.

Manageable Leverage And Equity GrowthLower TTM leverage (~0.26 D/E) and rising equity provide balance-sheet resilience and financial flexibility. With improved equity and moderate gearing, the company is better positioned to absorb shocks, fund operations, or pursue strategic spending without over-relying on debt.

Bears Say

Top-line SoftnessA decline in TTM revenue (~2.9%) and cooled growth trends are structural concerns for a volume-driven vehicle logistics business. If shipments or contracted volumes remain weak, utilization, pricing power, and long-term revenue visibility could be impaired, pressuring margins and cash flow.

Incremental Debt IncreaseAlthough overall leverage remains moderate, the recent uptick in total debt from FY2025 to TTM reduces headroom. If top-line softness persists, higher indebtedness could limit strategic flexibility and raise refinancing or interest costs over the medium term.

Cash Conversion Timing DragDespite strong absolute FCF, cash conversion shows a coverage ratio under 1, implying working-capital or timing drags. Persistent conversion inefficiencies can strain liquidity during cyclical downturns and make cash less reliable for reinvestment or debt reduction.

Zero Co., Ltd. News

Zero Co., Ltd. Stock Gains Loan Margin Trading Status

The latest announcement is out from Zero Co., Ltd. ( ($JP:9028) ). Zero Co., Ltd. announced that its...

10M ago

9028

Zero Co. Announces Off-Auction Share Distribution

Zero Co., Ltd. (JP:9028) has released an update. Zero Co., Ltd. has announced plans for off-auction distribution of...

2y ago

9028

9028 FAQ

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

Zero Co., Ltd. lowest stock price was ¥2272.00 and its highest was ¥4185.00 in the past 12 months.

What is Zero Co., Ltd.’s market cap?

Zero Co., Ltd.’s market cap is ¥55.33B.

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

Zero Co., Ltd.’s upcoming earnings report date is May 07, 2026 which is in 44 days.

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

Zero Co., Ltd. released its earnings results on Feb 12, 2026. The company reported ¥76.01 earnings per share for the quarter, beating the consensus estimate of N/A by ¥76.01.

Is Zero Co., Ltd. overvalued?

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

Does Zero Co., Ltd. pay dividends?

Zero Co., Ltd. pays a Semiannually dividend of ¥56 which represents an annual dividend yield of 3.57%. See more information on Zero Co., Ltd. dividends here

What is Zero Co., Ltd.’s EPS estimate?

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

How many shares outstanding does Zero Co., Ltd. have?

Zero Co., Ltd. has 17,560,242 shares outstanding.

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

Zero Co., Ltd. reported an EPS of ¥76.01 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.445%.

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

Currently, no hedge funds are holding shares in JP:9028

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

Zero Co., Ltd.

ZERO Co., Ltd., together with its subsidiaries, provides vehicle transportation and maintenance services in Japan. It offers new and used vehicle transportation, and door-to-door transportation of private cars and motorbikes. The company also offers new, heavy vehicle, and other maintenance services; handling and vehicle inspection services at auto auction; car selection services; general cargo transportation services; and human resources services, including pick-up and dispatching services. In addition, it provides port transportation and warehousing services; vehicle control and management services; temporary and placement services; and customs clearance services, as well as exports and sells used cars and automobile parts. The company was formerly known as Nissan Transportation Co. Ltd. and changed its name to ZERO Co., Ltd. in May 2001. The company was incorporated in 1961 and is headquartered in Kawasaki, Japan.