Revenue Growth & AdoptionSustained 13% top-line growth and a healthy gross margin indicate growing product adoption across hardware, software and services. Durable revenue expansion supports scale economics, recurring subscription and maintenance income, and funds continued R&D and market penetration over months.

Strong Cash GenerationFree cash flow materially exceeds net income, reflecting high cash conversion and operational cash strength. This durable cash generation underpins capex for precision hardware, recurring service delivery, and financial flexibility for investments or weathering cyclical agricultural demand.

Low Financial LeverageLow leverage and a solid equity base reduce refinancing and solvency risk, enabling the company to invest in product development or partnerships without heavy interest burdens. Financial flexibility is a long-term advantage in capital-intensive agritech deployments.

Bears Say

Declining Net Profit MarginA compressed net margin (1.61%) limits retained earnings and the ability to fund growth internally. Over months this reduces cushion against commodity cycles or pricing pressure and signals cost or non-operating items eroding bottom-line sustainability despite revenue gains.

Modest Return On EquityROE near 8% suggests capital is not generating strong shareholder returns relative to peers. Persistently modest ROE can pressure long-term investor support and indicates the company may need higher margin or efficiency improvements to justify reinvestment of equity.

Weaker Operating Cash ConversionA falling operating cash conversion ratio implies cash generation is becoming less efficient relative to reported earnings. If this trend persists it could signal working capital or collection pressures, undermining free cash flow availability for capex and recurring service commitments.

9428 FAQ

What was Crops Corp.’s price range in the past 12 months?

Crops Corp. lowest stock price was ¥904.00 and its highest was ¥1764.00 in the past 12 months.

What is Crops Corp.’s market cap?

Crops Corp.’s market cap is ¥13.74B.

When is Crops Corp.’s upcoming earnings report date?

Crops Corp.’s upcoming earnings report date is May 19, 2026 which is in 89 days.

How were Crops Corp.’s earnings last quarter?

Crops Corp. released its earnings results on Feb 12, 2026. The company reported ¥69.95 earnings per share for the quarter, beating the consensus estimate of N/A by ¥69.95.

Is Crops Corp. overvalued?

According to Wall Street analysts Crops Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Crops Corp. pay dividends?

Crops Corp. pays a Annually dividend of ¥25 which represents an annual dividend yield of 1.47%. See more information on Crops Corp. dividends here

What is Crops Corp.’s EPS estimate?

Crops Corp.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Crops Corp. have?

Crops Corp. has 9,597,400 shares outstanding.

What happened to Crops Corp.’s price movement after its last earnings report?

Crops Corp. reported an EPS of ¥69.95 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.39%.

Which hedge fund is a major shareholder of Crops Corp.?

Currently, no hedge funds are holding shares in JP:9428

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

Crops Corp.

Crops Corporation engages in the sale and service of mobile phones through stores in Japan. As of September 1, 2020, it operated 46 stores. The company is also involved in the temporary staffing, building maintenance, security management, restaurant leasing, wholesale of stationery packaging material, and planning and wholesale of imported stationery. Crops Corporation was founded in 1977 and is headquartered in Nagoya, Japan.