Mitsui DM Sugar Holdings Co.Ltd (2109) AI Stock Analysis

• Market Cap: ¥100.98B
• Dividend Yield: 4.04%
• Average Volume (3M): 44.04K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 0.45
• Revenue Growth: 4.33%
• EPS Growth: 5.96%
• Country: JP
• Employees: 1,462
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Food Confectioners
• EPS (TTM): 84.42
• Shares Outstanding: 31,464,780
• 10 Day Avg. Volume: 59,740
• 30 Day Avg. Volume: 44,043
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥3,382.00
• Price Target Upside: 4.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ¥3,382.00 ▲(4.71% Upside)

Mitsui DM Sugar Holdings Co. Ltd demonstrates strong financial fundamentals with robust cash flow and a sound balance sheet. The technical indicators point to a bearish trend, which could pose short-term challenges. However, the attractive valuation metrics, including a strong dividend yield, suggest potential for long-term value. Overall, the company's strong cash generation capabilities and reasonable valuation make it a moderately attractive investment.

Mitsui DM Sugar Holdings Co.Ltd Business Overview & Revenue Model

Company Description

Mitsui DM Sugar Holdings Co., Ltd. (2109) is a prominent player in the sugar industry, primarily engaged in the manufacturing and sale of sugar and related products. The company operates in various sectors including sugar refining, food ingredients, and health-related products. Its core products include refined sugar, sugar-related products, and sweeteners, which cater to both domestic and international markets, serving a wide range of industries from food and beverage to pharmaceuticals.

How the Company Makes Money

Mitsui DM Sugar Holdings Co., Ltd. generates revenue predominantly through the production and sale of sugar and sugar-related products. The company's key revenue streams include the sale of refined sugar to food and beverage manufacturers, distribution of sweeteners and other food ingredients, and the development of health-related products. Additionally, the company may engage in strategic partnerships and collaborations to enhance its product offerings and expand its market reach, contributing to its overall earnings. Mitsui DM Sugar's revenue is also influenced by factors such as global sugar prices, agricultural conditions, and consumer demand for sugar and alternative sweeteners.

Mitsui DM Sugar Holdings Co.Ltd Financial Statement Overview

Summary

Mitsui DM Sugar Holdings Co. Ltd has shown strong revenue growth and improved operational efficiency, as evidenced by higher gross profit margins. The balance sheet remains solid with a strong equity base and manageable debt levels. Cash flow metrics are particularly strong, suggesting excellent cash generation and management. However, there are concerns regarding the declining net profit margin and ROE, which may warrant closer attention to cost controls and profitability strategies.

Income Statement

The company has shown a healthy revenue growth rate of approximately 4.68% from 2024 to 2025, indicating a positive growth trajectory. Gross profit margin has improved to 22.41% in 2025 from 17.39% in 2024, reflecting enhanced operational efficiency. However, the net profit margin decreased from 4.94% in 2024 to 3.52% in 2025, indicating some challenges in cost management or increased expenses. The EBIT and EBITDA margins have significantly improved, which is a strong indicator of improved core business operations.

Balance Sheet

The debt-to-equity ratio stands at 0.42, indicating a relatively stable financial position with moderate leverage. Return on equity (ROE) has slightly decreased from 7.53% in 2024 to 5.49% in 2025, suggesting a slight decline in profitability relative to equity. The equity ratio is strong at 56.67%, showcasing a solid capital structure with a majority of assets funded by equity.

Cash Flow

The free cash flow growth rate has significantly increased to 263.87% from 2024 to 2025, demonstrating strong cash generation capability. The operating cash flow to net income ratio is favorable at 3.59, indicating efficient conversion of net income into cash flow. The free cash flow to net income ratio also improved to 2.97, highlighting robust cash flow performance relative to net income.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	178.78B	170.77B	163.31B	147.88B	108.89B
Gross Profit	40.08B	29.69B	26.14B	27.00B	24.33B
EBITDA	16.90B	11.03B	7.68B	10.00B	9.81B
Net Income	6.29B	8.45B	7.91B	3.66B	2.76B
Balance Sheet
Total Assets	202.20B	191.43B	196.12B	189.50B	146.71B
Cash, Cash Equivalents and Short-Term Investments	40.60B	25.07B	28.00B	31.48B	18.16B
Total Debt	48.62B	44.73B	48.00B	30.03B	19.83B
Total Liabilities	82.85B	74.09B	83.55B	79.57B	55.03B
Stockholders Equity	114.61B	112.17B	107.17B	101.21B	85.21B
Cash Flow
Free Cash Flow	18.71B	5.14B	-11.73B	-4.04B	5.23B
Operating Cash Flow	22.59B	12.74B	6.23B	6.36B	11.12B
Investing Cash Flow	-5.63B	-6.67B	-21.56B	344.00M	-4.02B
Financing Cash Flow	-1.69B	-8.99B	11.65B	6.57B	-4.79B

Mitsui DM Sugar Holdings Co.Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3230.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2109, the sentiment is Positive. The current price of 3230 is above the 20-day moving average (MA) of 3094.75, above the 50-day MA of 3083.90, and below the 200-day MA of 3245.21, indicating a neutral trend. The MACD of 20.58 indicates Negative momentum. The RSI at 64.76 is Neutral, neither overbought nor oversold. The STOCH value of 79.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2109.

Mitsui DM Sugar Holdings Co.Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2114	78 Outperform	¥28.42B	10.64		3.08%	7.36%	31.17%
2112	76 Outperform	¥10.73B	5.07		2.47%	2.91%	62.43%
2117	74 Outperform	¥78.14B	14.04		4.37%	9.30%	7.40%
2108	71 Outperform	¥34.82B	11.37		3.22%	-1.05%	-140.53%
2109	71 Outperform	¥100.98B	17.00		4.04%	4.33%	5.96%
Sector *	69 Neutral	¥221.70B	22.22	8.23%	2.16%	4.86%	0.79%

Mitsui DM Sugar Holdings Co.Ltd Corporate Events

Mitsui DM Sugar Reports Q1 2026 Financial Results

Mitsui DM Sugar Holdings Co., Ltd. reported its consolidated financial results for the first quarter of the fiscal year ending March 31, 2026, showing a 4.5% increase in net sales compared to the previous year. Despite the rise in sales, the company experienced a decrease in profit attributable to owners of the parent by 7.4%, highlighting challenges in maintaining profitability. The company has maintained its dividend forecast, indicating stability in shareholder returns despite fluctuating income figures.

Mitsui DM Sugar Announces Extraordinary Income from Subsidiary Merger

Mitsui DM Sugar Co., Ltd. announced an extraordinary income gain from the merger of its wholly owned subsidiary, resulting in a recorded gain of 47,341 million yen in its non-consolidated financial results. However, this gain will not impact the consolidated financial results for the fiscal year ending March 2026, as it will be eliminated in the consolidated statements.

Mitsui DM Sugar Announces Strategic Measures for Enhanced Capital Management

Mitsui DM Sugar Holdings Co., Ltd. has announced measures to enhance management strategies by focusing on capital costs and stock prices. The company aims to achieve a return on equity (ROE) of 7% or more by the fiscal year ending March 2026, and is implementing strategies to improve capital efficiency and stakeholder engagement. This includes promoting growth strategies, enhancing information disclosure, and establishing a dedicated Stakeholder Relations section to improve communication with shareholders and investors.

Mitsui DM Sugar Completes Treasury Stock Acquisition and Cancellation

Mitsui DM Sugar Co., Ltd. has completed the acquisition and subsequent cancellation of 1,175,000 shares of its treasury stock, as resolved by its Board of Directors. This move is intended to implement flexible capital policies and enhance shareholder returns, reflecting the company’s strategic focus on capital efficiency.

Mitsui DM Sugar Announces Share Buyback Plan

Mitsui DM Sugar Co., Ltd. announced a decision to repurchase up to 1,200,000 shares of its common stock, representing 3.7% of its outstanding shares, through off-auction own share trading on the Tokyo Stock Exchange. This strategic move, with a maximum expenditure of 3,924,000,000 yen, aims to enhance shareholder value and optimize the company’s capital structure.

Mitsui DM Sugar Reports Mixed Financial Results for FY2025

Mitsui DM Sugar Holdings Co., Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a 4.7% increase in net sales and a significant rise in operating income by 225.6%. Despite these improvements, the profit attributable to owners of the parent decreased by 25.5%. The company plans to maintain its dividend payout and has announced a stock repurchase, which may impact future earnings per share. The financial results reflect the company’s strategic adjustments and market conditions, with implications for stakeholders regarding profitability and shareholder returns.

Mitsui DM Sugar Affirms Independence Amid Strong Shareholder Ties

Mitsui DM Sugar Co., Ltd. has announced its relationship with controlling shareholders Mitsui & Co., Ltd. and Mitsubishi Corporation, which hold significant voting rights in the company. Despite these affiliations, Mitsui DM Sugar maintains its independence in management decisions and benefits from its partnerships through stable procurement and market support, enhancing its positioning in the food sector.

Mitsui DM Sugar Announces Stock Repurchase and Cancellation Plan

Mitsui DM Sugar Co., Ltd. announced a decision to repurchase and cancel a portion of its treasury stock to implement flexible capital policies and improve shareholder returns. The company plans to repurchase up to 1,200,000 shares, representing 3.7% of its outstanding shares, with a budget of 4.4 billion yen, and will cancel these shares to enhance capital efficiency.