Cash GenerationA 71.6% jump in free cash flow and OCF well above net income indicate durable cash generation. Strong FCF provides flexibility to fund capex, pay dividends, reduce debt or invest in efficiency, supporting resilience through commodity cycles and multi-year strategic initiatives.

Profitability MarginsHealthy gross and operating margins along with positive net margin reflect efficient refining operations and cost control. These margins support sustainable cash profits, enabling reinvestment and a buffer against input cost swings over the medium term.

Balance Sheet StrengthModerate leverage and a high equity ratio point to conservative capital structure and lower financial risk. Combined with mid-teens ROE, this supports capacity to absorb shocks, fund targeted growth, or modestly increase leverage for strategic investments without straining finances.

Bears Say

Top-line MomentumSingle-digit revenue growth indicates limited top-line expansion, increasing reliance on margin improvements or cost efficiencies to drive earnings. Over 2-6 months, lackluster sales growth constrains scaling benefits and makes long-term profit improvement more dependent on operational execution.

Product ConcentrationConcentration in sugar and sweeteners exposes the business to raw sugar price volatility, substitution risks, and regulatory or sugar-policy shifts. Limited product diversification reduces resilience to structural changes in demand or commodity-driven cost shocks over the medium term.

Limited ScaleA small workforce suggests limited operational scale and potential constraints in distribution, R&D, and commercial expansion. Smaller scale can limit bargaining power with suppliers/customers and make fixed-cost absorption harder if volumes slip, reducing strategic flexibility.

2112 FAQ

What was Ensuiko Sugar Refining Co., Ltd.’s price range in the past 12 months?

Ensuiko Sugar Refining Co., Ltd. lowest stock price was ¥272.00 and its highest was ¥595.00 in the past 12 months.

What is Ensuiko Sugar Refining Co., Ltd.’s market cap?

Ensuiko Sugar Refining Co., Ltd.’s market cap is ¥15.03B.

When is Ensuiko Sugar Refining Co., Ltd.’s upcoming earnings report date?

Ensuiko Sugar Refining Co., Ltd.’s upcoming earnings report date is May 08, 2026 which is in 55 days.

How were Ensuiko Sugar Refining Co., Ltd.’s earnings last quarter?

Ensuiko Sugar Refining Co., Ltd. released its earnings results on Feb 06, 2026. The company reported ¥25.58 earnings per share for the quarter, beating the consensus estimate of N/A by ¥25.58.

Is Ensuiko Sugar Refining Co., Ltd. overvalued?

According to Wall Street analysts Ensuiko Sugar Refining Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Ensuiko Sugar Refining Co., Ltd. pay dividends?

Ensuiko Sugar Refining Co., Ltd. pays a Annually dividend of ¥15 which represents an annual dividend yield of 1.91%. See more information on Ensuiko Sugar Refining Co., Ltd. dividends here

What is Ensuiko Sugar Refining Co., Ltd.’s EPS estimate?

Ensuiko Sugar Refining Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Ensuiko Sugar Refining Co., Ltd. have?

Ensuiko Sugar Refining Co., Ltd. has 35,000,000 shares outstanding.

What happened to Ensuiko Sugar Refining Co., Ltd.’s price movement after its last earnings report?

Ensuiko Sugar Refining Co., Ltd. reported an EPS of ¥25.58 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Ensuiko Sugar Refining Co., Ltd.?

Currently, no hedge funds are holding shares in JP:2112

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Ensuiko Sugar Refining Co., Ltd.

Ensuiko Sugar Refining Co., Ltd. manufactures and sells refined sugar in Japan. The company offers granular, white, stick, and liquid sugar; lactose fructose oligosaccharide; and cyclodextrin, as well as salacia granules. It also provides sugar cubes and gum syrup for the household and commercial use. The company offers its products under the Pearl Ace Mark brand. Ensuiko Sugar Refining Co., Ltd. was founded in 1904 and is headquartered in Tokyo, Japan.