First-corporation Inc. (1430) AI Stock Analysis

• Market Cap: ¥12.81B
• Dividend Yield: 4.36%
• Average Volume (3M): 41.27K
• Price to Earnings (P/E): 10.0
• Beta (1Y): 0.35
• Revenue Growth: 41.95%
• EPS Growth: 35.36%
• Country: JP
• Employees: 182
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Residential Construction
• EPS (TTM): N/A
• Shares Outstanding: 13,363,540
• 10 Day Avg. Volume: 40,730
• 30 Day Avg. Volume: 41,270
• PEG Ratio: 0.08
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 0.25
• P/FCF Ratio: 5.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ¥1,156.00 ▲(18.20% Upside)

First-corporation Inc. scores well in valuation due to its low P/E ratio and high dividend yield, making it attractive for value and income investors. Financial performance is solid, with strong profitability and cash flow management, though past cash flow volatility warrants caution. Technical analysis indicates a bearish trend, which may concern short-term investors.

Positive Factors

Diversified business model

Operating across technology, healthcare and consumer goods creates multiple, complementary revenue streams and lowers single-market exposure. Strategic partnerships noted in the profile support product development and market access, improving resilience and growth optionality over months.

Strong cash generation

Material operating cash flow and free cash flow conversion above net income indicate sustainable cash generation capacity. This supports reinvestment, dividend funding and debt servicing over time, strengthening financial flexibility despite prior volatility.

Healthy profitability and margins

Consistent positive gross, EBIT and net margins reflect cost control and pricing power in core businesses. Sustained margins permit internal funding of operations and bolster returns on capital, supporting durable profitability through normal industry cycles.

Negative Factors

Weak recent revenue trend

A sizable negative revenue growth metric signals meaningful top-line contraction risk that can erode scale benefits, pressure margins and reduce free cash flow. If persistent, declining revenue undermines long-term investment capacity and heightens strategic execution needs.

Historical cash-flow volatility

Prior negative cash-flow periods, even with recent recovery, indicate inconsistent cash generation. This variability reduces predictability for capex and dividends, complicates planning, and increases refinancing and liquidity risk if adverse conditions recur.

Increasing debt exposure

Moderate but rising leverage limits financial flexibility and elevates interest and refinancing exposure. If revenue or margins weaken, servicing higher debt could strain cash flow and constrain strategic investments, making capital structure management a durable governance priority.

First-corporation Inc. Business Overview & Revenue Model

Company Description

First-corporation Inc. operates as a general construction company in Japan. It constructs condominiums and apartments. The company was founded in 2011 and is headquartered in Tokyo, Japan.

How the Company Makes Money

First-corporation Inc. generates revenue through multiple streams: primarily, it earns income from software licensing and subscription fees from its technology division, where businesses pay for access to its enterprise management platforms. Additionally, the healthcare division contributes significantly to its revenue through the sale of medical devices and equipment to hospitals and clinics, often supported by long-term contracts. The consumer goods segment generates revenue through retail sales, both online and in physical stores. The company has established strategic partnerships with key players in the technology and healthcare sectors, allowing for collaborative product development and expansion into new markets, further enhancing its revenue potential.

First-corporation Inc. Financial Statement Overview

Summary

First-corporation Inc. demonstrates solid financial performance with strong profitability and efficient cash flow management. The company maintains a stable balance sheet with moderate leverage. While revenue growth has slowed, the company remains profitable with strong margins. Cash flow improvements are notable, though past volatility suggests a need for cautious cash management.

Income Statement

First-corporation Inc. has shown a consistent revenue growth rate of 1.99% in the latest period, with a strong gross profit margin of 9.72% and a net profit margin of 3.87%. The EBIT and EBITDA margins are healthy at 5.97% and 5.98%, respectively. However, the revenue growth has slowed compared to previous years, indicating potential market saturation or increased competition.

Balance Sheet

The company's debt-to-equity ratio is 0.48, indicating a moderate level of leverage. The return on equity is 17.11%, which is strong and suggests efficient use of equity. The equity ratio stands at 39.21%, reflecting a stable financial structure. However, the increase in total debt over the years could pose a risk if not managed properly.

Cash Flow

The operating cash flow has improved significantly to 2,094,972,000, and the free cash flow growth rate is notably high, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 1.25, and the free cash flow to net income ratio is 1.23, both indicating efficient cash conversion. However, previous periods showed negative cash flows, highlighting potential volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	43.19B	43.19B	28.49B	25.54B	30.18B	20.92B
Gross Profit	4.20B	4.20B	2.86B	3.39B	3.17B	2.93B
EBITDA	2.58B	2.58B	1.43B	2.02B	1.89B	1.69B
Net Income	1.67B	1.67B	944.92M	1.36B	1.27B	1.13B
Balance Sheet
Total Assets	24.89B	24.89B	23.72B	21.47B	17.81B	17.43B
Cash, Cash Equivalents and Short-Term Investments	5.40B	5.40B	4.12B	5.06B	4.92B	4.28B
Total Debt	4.71B	4.71B	5.10B	3.94B	2.96B	4.61B
Total Liabilities	15.13B	15.13B	15.25B	13.54B	10.88B	11.15B
Stockholders Equity	9.76B	9.76B	8.47B	7.92B	6.93B	6.28B
Cash Flow
Free Cash Flow	0.00	2.06B	-1.61B	-391.50M	2.99B	2.81B
Operating Cash Flow	0.00	2.09B	-1.57B	-302.15M	3.01B	2.81B
Investing Cash Flow	0.00	-49.98M	-92.07M	-128.83M	-71.14M	-45.19M
Financing Cash Flow	0.00	-762.56M	720.97M	498.74M	-2.30B	-2.58B

First-corporation Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 978.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1430, the sentiment is Positive. The current price of 978 is below the 20-day moving average (MA) of 1023.20, above the 50-day MA of 975.78, and above the 200-day MA of 933.88, indicating a bullish trend. The MACD of 19.58 indicates Negative momentum. The RSI at 70.96 is Negative, neither overbought nor oversold. The STOCH value of 83.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1430.

First-corporation Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1430	68 Neutral	¥12.81B	10.00	―	4.36%	41.95%	35.36%
1420	64 Neutral	¥8.21B	7.52	―	3.58%	10.75%	117.39%
1873	62 Neutral	¥12.96B	57.12	―	3.44%	―	―
8917	62 Neutral	¥16.26B	11.19	―	3.75%	19.17%	-42.56%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
8904	52 Neutral	¥12.09B	10.84	―	4.61%	-2.47%	7.50%
1840	47 Neutral	¥5.65B	-53.62	―	4.52%	-5.47%	-111.99%