Nippon Beet Sugar Manufacturing Co., Ltd. (2108) AI Stock Analysis

• Market Cap: ¥41.35B
• Dividend Yield: 2.71%
• Average Volume (3M): 25.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: -1.05%
• EPS Growth: -140.53%
• Country: JP
• Employees: 774
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): 13.47
• Shares Outstanding: 15,325,642
• 10 Day Avg. Volume: 12,240
• 30 Day Avg. Volume: 25,720
• PEG Ratio: 0.19
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.44
• P/FCF Ratio: -3.20
• 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

• Rating: 62 Neutral
• Price Target: ¥3,099.00 ▲(8.78% Upside)

The overall stock score of 62 reflects a mixed outlook for Nippon Beet Sugar Manufacturing Co., Ltd. The company's strong technical indicators suggest positive market momentum, but this is offset by financial challenges, including declining revenue and profit margins, as well as cash flow volatility. The negative P/E ratio is a significant concern, although the dividend yield provides some investor return. Addressing operational inefficiencies and improving cash flow stability are crucial for enhancing the company's financial health.

Nippon Beet Sugar Manufacturing Co., Ltd. Business Overview & Revenue Model

Company Description

Nippon Beet Sugar Manufacturing Co., Ltd. (2108) is a prominent Japanese company primarily engaged in the production and distribution of sugar derived from sugar beets. Operating within the agricultural and food manufacturing sectors, the company specializes in refining and processing sugar, which is then marketed to various industries, including food and beverage, confectionery, and pharmaceuticals. Nippon Beet Sugar is committed to sustainable practices and innovation in production to meet the growing demand for quality sugar products in both domestic and international markets.

How the Company Makes Money

Nippon Beet Sugar Manufacturing Co., Ltd. generates revenue primarily through the sale of refined sugar products, which are supplied to a diverse customer base, including food manufacturers, retailers, and wholesalers. The company benefits from economies of scale in production, allowing for competitive pricing in the market. Key revenue streams include bulk sugar sales, packaged sugar products, and value-added services such as custom sugar blending for food manufacturers. Additionally, the company may engage in strategic partnerships with agricultural producers and distribution networks to enhance its supply chain efficiency and market reach. Market trends towards health-conscious products and sustainable sourcing practices also contribute positively to the company's financial performance.

Nippon Beet Sugar Manufacturing Co., Ltd. Financial Statement Overview

Summary

Nippon Beet Sugar Manufacturing Co., Ltd. exhibits a mixed financial performance. Stable equity and a moderate debt-to-equity ratio are positives, but challenges in operational efficiencies and cash flow volatility are concerning. Declining revenue and profit margins suggest potential struggles in maintaining growth or cost control.

Income Statement

The company exhibits a fluctuating revenue trend with a slight decline in the most recent year. Gross profit margins are relatively stable, but net profit margins have shown variability, indicating challenges in controlling costs or other operational efficiencies. The EBIT and EBITDA margins are moderate but show a declining trend, suggesting potential operational challenges.

Balance Sheet

The balance sheet shows a stable equity position with a moderate debt-to-equity ratio. However, the total debt remains significant, which could pose a financial risk. The return on equity is decent, indicating effective use of shareholders' equity. The equity ratio is strong, reflecting a solid equity base relative to assets.

Cash Flow

The cash flow statement reveals volatility, with significant fluctuations in operating and free cash flow. Negative free cash flow in recent years indicates challenges in generating sufficient cash post-capital expenditure, which may affect liquidity. The operating cash flow to net income ratio is unstable, highlighting potential issues in converting earnings into actual cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	67.05B	64.80B	69.30B	65.01B	58.49B	54.79B
Gross Profit	13.14B	13.22B	13.78B	15.14B	15.28B	16.37B
EBITDA	-1.58B	6.55B	5.36B	4.41B	5.61B	4.78B
Net Income	-2.94B	2.70B	1.81B	1.26B	1.98B	1.64B
Balance Sheet
Total Assets	98.03B	101.22B	103.02B	103.15B	100.46B	97.39B
Cash, Cash Equivalents and Short-Term Investments	10.78B	8.36B	12.85B	10.59B	12.16B	7.38B
Total Debt	4.53B	9.05B	10.95B	18.76B	14.89B	11.89B
Total Liabilities	24.90B	27.38B	30.49B	35.02B	32.54B	28.93B
Stockholders Equity	73.13B	73.83B	72.53B	68.13B	67.92B	68.46B
Cash Flow
Free Cash Flow	0.00	-8.96B	8.81B	-4.65B	336.00M	-2.83B
Operating Cash Flow	0.00	-3.09B	13.04B	-1.82B	2.58B	-181.00M
Investing Cash Flow	0.00	2.21B	-1.31B	-1.70B	489.00M	-2.74B
Financing Cash Flow	0.00	-3.60B	-9.46B	2.97B	1.38B	-1.12B

Nippon Beet Sugar Manufacturing Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2849.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2108, the sentiment is Positive. The current price of 2849 is below the 20-day moving average (MA) of 2909.30, above the 50-day MA of 2813.96, and above the 200-day MA of 2438.02, indicating a bullish trend. The MACD of 37.86 indicates Negative momentum. The RSI at 62.92 is Neutral, neither overbought nor oversold. The STOCH value of 80.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2108.

Nippon Beet Sugar Manufacturing Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2112	79 Outperform	¥12.85B	6.07	―	1.95%	2.91%	62.43%
2117	79 Outperform	¥84.45B	15.18	―	4.17%	9.30%	7.40%
2109	73 Outperform	¥99.11B	16.93	―	4.04%	4.33%	5.96%
2114	71 Outperform	¥27.09B	10.27	―	3.18%	7.36%	31.17%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2108	62 Neutral	¥41.35B	―	―	2.71%	-1.05%	-140.53%

Nippon Beet Sugar Manufacturing Co., Ltd. Corporate Events

Nippon Beet Sugar Announces Treasury Share Acquisition

Nippon Beet Sugar Manufacturing Co., Ltd. announced the acquisition of 109,600 treasury shares between September 1 and September 30, 2025, at a total cost of 311,827,600 yen through market purchases on the Tokyo Stock Exchange. This acquisition is part of a larger plan approved by the Board of Directors to acquire up to 500,000 shares, reflecting the company’s strategy to manage its equity and potentially enhance shareholder value.

The most recent analyst rating on (JP:2108) stock is a Buy with a Yen2544.00 price target. To see the full list of analyst forecasts on Nippon Beet Sugar Manufacturing Co., Ltd. stock, see the JP:2108 Stock Forecast page.

Nippon Beet Sugar Announces Treasury Share Acquisition

Nippon Beet Sugar Manufacturing Co., Ltd. announced the acquisition of 173,900 treasury shares between August 12 and August 31, 2025, at a total cost of 447,936,200 yen. This move is part of a broader resolution to acquire up to 500,000 shares by March 2026, potentially impacting the company’s financial structure and shareholder value.

The most recent analyst rating on (JP:2108) stock is a Buy with a Yen2544.00 price target. To see the full list of analyst forecasts on Nippon Beet Sugar Manufacturing Co., Ltd. stock, see the JP:2108 Stock Forecast page.

Nippon Beet Sugar Executes Treasury Share Acquisition to Enhance Capital Efficiency

Nippon Beet Sugar Manufacturing Co., Ltd. has executed the acquisition of 83,000 treasury shares through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System, costing 203,018,000 yen. This move aims to improve capital efficiency and allow for flexible capital policy implementation, with plans to continue market purchases up to a specified limit set by the Board of Directors.

Nippon Beet Sugar Announces Strategic Share Repurchase Plan

Nippon Beet Sugar Manufacturing Co., Ltd. has announced a resolution to repurchase up to 100,000 of its common shares through the Tokyo Stock Exchange’s off-auction trading system, ToSTNeT-3, at a total cost of up to 244.6 million yen. This strategic move is part of a broader plan approved by the Board of Directors to acquire up to 500,000 shares, representing 4.02% of its issued shares, with a total acquisition cost of up to 1 billion yen, aimed at enhancing shareholder value.

Nippon Beet Sugar Completes Treasury Shares Disposal for Director Compensation

Nippon Beet Sugar Manufacturing Co., Ltd. has completed the payment for the disposal of 2,500 treasury shares as restricted stock compensation for its directors, a decision made by the Board of Directors on July 18, 2025. This move reflects the company’s strategic approach to managing its equity and aligning director incentives, potentially impacting its corporate governance and shareholder relations.

Nippon Beet Sugar Reports Decline in Quarterly Profits Amid Rising Sales

Nippon Beet Sugar Manufacturing Co., Ltd. reported a significant decline in profits for the three months ending June 30, 2025, with net sales increasing by 15.1% year-on-year but operating profit turning negative. The company has revised its forecast for the fiscal year ending March 31, 2026, indicating a challenging financial outlook with expected declines in profit attributable to owners of the parent. This financial performance may impact the company’s market positioning and stakeholder confidence.

Nippon Beet Sugar Revises Financial Forecasts Following Asset Sale

Nippon Beet Sugar Manufacturing Co., Ltd. announced the sale of a portion of its investment securities, expecting to record an extraordinary income of ¥1,340 million. This move is part of a strategy to review cross-shareholdings and improve asset efficiency. Consequently, the company has revised its financial forecasts for the fiscal year ending March 31, 2026, with a significant increase in profit attributable to owners, reflecting a positive impact on its financial outlook.

Nippon Beet Sugar Announces Strategic Share Buyback Plan

Nippon Beet Sugar Manufacturing Co., Ltd. has announced a decision to acquire up to 500,000 of its own shares, representing 4.02% of its total issued shares, in a move to improve capital efficiency and adapt to changing business conditions. This strategic acquisition, with a budget of up to 1 billion yen, is set to occur between August 12, 2025, and March 24, 2026, through market purchases on the Tokyo Stock Exchange, potentially impacting the company’s financial flexibility and shareholder value.