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Nitto Fuji Flour Milling Co., Ltd.
(2003)
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Rating:73Outperform
Price Target:
¥1,958.00
▼(-72.31% Downside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by strong financial stability from an exceptionally low-leverage balance sheet and continued profitability, partially offset by margin compression and uneven cash-flow conversion. Technical signals are currently soft (negative MACD and below the 20-day average), while valuation is supported by a solid dividend yield despite a mid-range P/E.
Positive Factors
Conservative balance sheet
Nitto Fuji's exceptionally low leverage and expanding equity provide durable financial flexibility. This conservative capital structure reduces refinancing and solvency risks during commodity cycles, supports ongoing capital spending or dividends, and preserves capacity to invest in operations or weather shocks.
Negative Factors
Margin compression
Declining operating and EBITDA margins point to a structural squeeze between wheat procurement costs and selling prices. Sustained margin erosion would reduce cash available for reinvestment or dividends, pressure returns on equity, and make the business more vulnerable to cost inflation.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Nitto Fuji's exceptionally low leverage and expanding equity provide durable financial flexibility. This conservative capital structure reduces refinancing and solvency risks during commodity cycles, supports ongoing capital spending or dividends, and preserves capacity to invest in operations or weather shocks.
Read all positive factors
Nitto Fuji Flour Milling Co., Ltd. (2003) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥65.43B
Dividend Yield3.99%
Average Volume (3M)4.46K
Price to Earnings (P/E)19.5
Beta (1Y)0.31
Revenue Growth0.01%
EPS Growth2.53%
CountryJP
Employees799
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)91.14
Shares Outstanding37,538,914
10 Day Avg. Volume4,150
30 Day Avg. Volume4,456
Financial Highlights & Ratios
PEG Ratio-3.04
Price to Book (P/B)1.31
Price to Sales (P/S)0.90
P/FCF Ratio21.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nitto Fuji Flour Milling Co., Ltd. Business Overview & Revenue Model
Company Description
Nitto Fuji Flour Milling Co.,Ltd. operates within Japan, specializing in the production and distribution of various milled grain products. Their core offerings include different types of wheat flour and bran. Beyond these, the company also supplie...
How the Company Makes Money
Nitto Fuji Flour Milling makes money primarily by selling milled wheat flour to business customers, with revenue driven by sales volume, product mix (e.g., different flour grades tailored to end uses such as bread, noodles, or confectionery), and ...
Nitto Fuji Flour Milling Co., Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
92
Very Positive
Cash Flow
67
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 72.78B | 72.34B | 72.60B | 69.54B | 59.34B |
| Gross Profit | 16.81B | 17.21B | 16.59B | 15.93B | 14.48B |
| EBITDA | 5.58B | 6.94B | 7.33B | 7.11B | 5.70B |
| Net Income | 3.32B | 3.55B | 4.24B | 3.96B | 3.71B |
Balance Sheet | |||||
| Total Assets | 63.74B | 62.95B | 64.24B | 60.94B | 55.87B |
| Cash, Cash Equivalents and Short-Term Investments | 1.18B | 10.43B | 9.80B | 7.97B | 9.81B |
| Total Debt | 400.00M | 420.00M | 400.00M | 500.00M | 503.00M |
| Total Liabilities | 13.63B | 13.52B | 14.56B | 15.38B | 14.11B |
| Stockholders Equity | 50.03B | 49.35B | 49.62B | 45.50B | 41.70B |
Cash Flow | |||||
| Free Cash Flow | 3.06B | 2.39B | 3.21B | -377.00M | 508.00M |
| Operating Cash Flow | 4.67B | 5.05B | 6.50B | 2.24B | 2.17B |
| Investing Cash Flow | -903.00M | -2.19B | -2.98B | -2.82B | -1.56B |
| Financing Cash Flow | -2.59B | -2.28B | -1.69B | -1.49B | -1.44B |
Nitto Fuji Flour Milling Co., Ltd. Technical Analysis
Neutral
7070.00
Price Trends
1745.98
Positive
1768.75
Negative
1747.26
Positive
Market Momentum
-4.18
Positive
46.99
Neutral
16.12
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2003, the sentiment is Neutral. The current price of 7070 is above the 20-day moving average (MA) of 1798.65, above the 50-day MA of 1745.98, and above the 200-day MA of 1747.26, indicating a neutral trend. The MACD of -4.18 indicates Positive momentum. The RSI at 46.99 is Neutral, neither overbought nor oversold. The STOCH value of 16.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2003.
Nitto Fuji Flour Milling Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥60.67B | 8.63 | ― | 2.44% | 3.38% | 57.64% | |
73 Outperform | ¥65.43B | 19.47 | ― | 3.98% | 0.01% | 2.53% | |
64 Neutral | ¥114.84B | 10.67 | ― | 3.80% | 3.00% | 15.52% | |
64 Neutral | ¥34.63B | 8.64 | ― | 0.72% | 14.86% | 251.52% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
61 Neutral | ¥86.25B | 9.33 | ― | 3.77% | 7.42% | 126.16% | |
51 Neutral | ¥62.13B | 24.52 | ― | 0.34% | 20.88% | 34.54% |
* Consumer Defensive Sector Average
JP:2003
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.