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

• Market Cap: ¥43.52B
• Dividend Yield: 2.23%
• Average Volume (3M): 34.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.60
• Revenue Growth: 3.82%
• EPS Growth: -131.02%
• Country: JP
• Employees: 774
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): 82.12
• Shares Outstanding: 12,810,089
• 10 Day Avg. Volume: 49,190
• 30 Day Avg. Volume: 34,420
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥3,557.00 ▼(-1.06% Downside)

The overall stock score is primarily influenced by the company's mixed financial performance and valuation concerns. While the technical analysis shows strong bullish momentum, the overbought conditions could pose a risk. The negative P/E ratio is a significant concern, although the dividend yield offers some compensation. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong Equity Position

A strong equity position indicates financial stability and the ability to leverage assets for growth, providing a solid foundation for long-term operations.

Sustainable Practices

Commitment to sustainability can enhance brand reputation and align with market trends towards environmentally friendly products, supporting long-term demand.

Economies of Scale

Economies of scale enable cost advantages, allowing competitive pricing and improved margins, which can enhance market position and profitability over time.

Negative Factors

Operational Inefficiencies

Operational inefficiencies can hinder cost management and profitability, necessitating improvements to sustain long-term financial health and competitiveness.

Declining Revenue Trend

A declining revenue trend suggests potential challenges in market demand or competitive positioning, impacting future growth prospects and financial performance.

Cash Flow Volatility

Volatile cash flows can affect liquidity and limit the company's ability to invest in growth opportunities, posing risks to long-term operational stability.

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

Company Description

Nippon Beet Sugar Manufacturing Co.,Ltd. manufactures and sells functional products in Japan. The company offers beet sugar, refined sugar, sugar beet molasses, molasses, and liquid sweetener; raw, dry, instant dry, and medicinal yeast; oligosaccharides and betaine; and feed for dairy and beef cattle. It also manufactures and sells paper pot for beats and vegetables, paper cylinders, beet seedlings, sugar beet seeds, adjusted peats, fir light, etc. In addition, the company is involved in real estate leasing business; and sale of agricultural equipment. Nippon Beet Sugar Manufacturing Co., Ltd. was incorporated in 1919 and is headquartered in Tokyo, Japan.

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. shows a mixed financial performance. While the company maintains a strong equity position, operational inefficiencies and cash flow volatility pose challenges. The declining revenue and profit margins suggest potential struggles in maintaining growth or cost control. Overall, while financially stable, the company needs to address operational and cash flow issues to improve its financial health.

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: 3595.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 3595 is above the 20-day moving average (MA) of 3403.50, above the 50-day MA of 3123.66, and above the 200-day MA of 2578.56, indicating a bullish trend. The MACD of 160.13 indicates Negative momentum. The RSI at 68.56 is Neutral, neither overbought nor oversold. The STOCH value of 78.87 is Neutral, 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	80 Outperform	¥13.69B	6.47	―	2.03%	2.73%	59.02%
2117	77 Outperform	¥82.00B	14.74	―	4.34%	11.70%	-3.61%
2114	71 Outperform	¥29.60B	10.93	―	3.22%	6.64%	10.48%
2109	68 Neutral	¥102.70B	18.67	―	4.28%	3.69%	-27.70%
2108	63 Neutral	¥43.52B	―	―	2.23%	3.82%	-131.02%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Nippon Beet Sugar Manufacturing Co., Ltd. Corporate Events

Nippon Beet Sugar Reports Increased Sales but Declining Profits

Nippon Beet Sugar Manufacturing Co., Ltd. reported a 13% increase in net sales for the six months ending September 30, 2025, compared to the previous year. However, the company faced a decline in operating profit and profit attributable to owners of the parent, with a significant year-on-year drop of 79.6% in profit attributable to owners. This financial performance indicates challenges in maintaining profitability despite increased sales, impacting the company’s financial stability and potentially affecting shareholder returns.

The most recent analyst rating on (JP:2108) stock is a Hold with a Yen3099.00 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 Revises Full-Year Forecasts Amid Market Fluctuations

Nippon Beet Sugar Manufacturing Co., Ltd. announced a discrepancy between its forecasted and actual results for the six months ending September 30, 2025, with actual results exceeding forecasts due to rising sales prices in the sugar business. However, for the full fiscal year ending March 31, 2026, the company revised its forecasts downward, anticipating a decline in profits due to lower sales prices influenced by overseas raw sugar prices, impacting operating and ordinary profits and profit attributable to owners.

The most recent analyst rating on (JP:2108) stock is a Hold with a Yen3099.00 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 Significant Treasury Share Cancellation

Nippon Beet Sugar Manufacturing Co., Ltd. announced the cancellation of 2,515,553 treasury shares, which constitutes 16.41% of its total issued shares prior to the cancellation. This strategic move, resolved by the Board of Directors, aims to optimize the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:2108) stock is a Hold with a Yen3099.00 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 Completes Treasury Share Acquisition

Nippon Beet Sugar Manufacturing Co., Ltd. completed the acquisition of 81,400 treasury shares for approximately 239.97 million yen, as part of a resolution approved by the Board of Directors. This acquisition is part of a broader strategy to repurchase up to 500,000 shares, enhancing shareholder value and potentially impacting the company’s market position.

The most recent analyst rating on (JP:2108) stock is a Hold with a Yen3099.00 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 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.