Imuraya Group Co., Ltd. (2209) AI Stock Analysis

• Market Cap: ¥32.54B
• Dividend Yield: 1.25%
• Average Volume (3M): 16.58K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 0.39
• Revenue Growth: 6.74%
• EPS Growth: 29.20%
• Country: JP
• Employees: 944
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): 99.35
• Shares Outstanding: 13,086,200
• 10 Day Avg. Volume: 11,250
• 30 Day Avg. Volume: 16,583
• PEG Ratio: 1.01
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 7.40
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: ¥2,824.00 ▲(13.83% Upside)

Imuraya Group Co., Ltd. has a strong financial performance with robust revenue and profit growth, effective cost management, and prudent debt handling. The technical analysis indicates a neutral to slightly bearish short-term trend, while the valuation suggests the stock is fairly valued with a reasonable P/E ratio and moderate dividend yield. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling strategic investments and debt reduction, supporting sustainable growth.

Debt Management

Effective debt management reduces financial risk, ensuring stability and capacity to invest in growth opportunities.

Negative Factors

Leverage Risks

Past high debt levels could strain resources if growth slows, potentially impacting financial stability and future borrowing capacity.

Profit Margin Pressure

While margins improved, they remain modest, indicating potential vulnerability to cost increases or pricing pressures in competitive markets.

Industry Competition

Operating in a competitive sector may pressure pricing and margins, requiring continuous innovation and efficiency to maintain market position.

Imuraya Group Co., Ltd. Business Overview & Revenue Model

Company Description

Imuraya Group Co., Ltd. (2209) is a Japanese company specializing in the production and sale of traditional Japanese sweets, known as wagashi, as well as various other food products. Established in 1896, the company operates in the food manufacturing sector and focuses on creating high-quality confectionery that incorporates both traditional methods and modern innovations. Its core products include a wide range of mochi, anko (sweet red bean paste), and other dessert items, catering to both retail and wholesale markets.

How the Company Makes Money

Imuraya Group generates revenue primarily through the sale of its food products, including wagashi and other confections, to both domestic and international markets. The company has established a strong brand presence in Japan and has expanded its distribution channels by partnering with supermarkets, convenience stores, and specialty food retailers. Additionally, Imuraya engages in direct sales through online platforms, which has become increasingly significant in recent years. The company also benefits from seasonal product offerings and limited-edition releases that attract customers and drive sales during festive occasions. Strategic partnerships with other food manufacturers and distributors further enhance its market reach and revenue streams.

Imuraya Group Co., Ltd. Financial Statement Overview

Summary

Imuraya Group Co., Ltd. demonstrates a solid financial position with strong revenue and profit growth, effective cost management, and prudent debt handling. The company shows a healthy balance sheet with improving equity ratios and diminishing leverage concerns. Cash flows are strong, reflecting efficient operations and financial health.

Income Statement

Imuraya Group Co., Ltd. has demonstrated strong revenue growth over the periods, with revenues increasing from 42.15 billion JPY in 2022 to 51.12 billion JPY in 2025. The gross profit margin has improved consistently, reaching approximately 34.8% in 2025, indicating efficient cost management. Additionally, the net profit margin rose to 4.3% in 2025 from 3.9% in 2024, reflecting enhanced profitability. EBIT and EBITDA margins have shown positive trends, suggesting sound operational performance.

Balance Sheet

The company maintains a strong equity base with the equity ratio improving to 60.3% in 2025, indicating financial stability. The debt-to-equity ratio decreased to 0.09, showcasing effective debt management. Return on equity (ROE) has improved, reaching 9.9% in 2025, driven by increased net income. However, the relatively high total debt in earlier years could pose leverage risks if not managed properly.

Cash Flow

Imuraya Group Co., Ltd. achieved significant free cash flow growth, turning negative free cash flow in 2024 to positive in 2025. The operating cash flow to net income ratio was robust at 2.76 in 2025, underlining strong cash flow generation. Free cash flow to net income ratio was positive, further confirming good cash management practices.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	52.05B	51.12B	48.22B	44.69B	42.15B	42.15B
Gross Profit	18.35B	17.80B	16.30B	15.61B	14.81B	12.98B
EBITDA	5.34B	5.42B	4.99B	4.20B	4.11B	2.97B
Net Income	2.21B	2.20B	1.93B	1.61B	1.47B	657.27M
Balance Sheet
Total Assets	38.65B	36.68B	38.09B	34.11B	29.42B	29.47B
Cash, Cash Equivalents and Short-Term Investments	1.55B	1.52B	1.33B	1.69B	1.07B	839.12M
Total Debt	6.70B	1.95B	4.89B	3.99B	2.07B	3.79B
Total Liabilities	16.73B	14.55B	17.08B	15.42B	12.03B	13.22B
Stockholders Equity	21.92B	22.12B	20.99B	18.65B	17.35B	16.17B
Cash Flow
Free Cash Flow	0.00	4.24B	-945.03M	-404.22M	1.91B	2.20B
Operating Cash Flow	0.00	6.07B	2.67B	2.45B	2.91B	3.57B
Investing Cash Flow	0.00	-1.83B	-3.55B	-2.37B	-958.78M	-1.31B
Financing Cash Flow	0.00	-4.08B	457.30M	398.44M	-2.05B	-2.36B

Imuraya Group Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2481.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2209, the sentiment is Negative. The current price of 2481 is below the 20-day moving average (MA) of 2524.30, below the 50-day MA of 2524.34, and above the 200-day MA of 2474.50, indicating a neutral trend. The MACD of -3.67 indicates Positive momentum. The RSI at 41.75 is Neutral, neither overbought nor oversold. The STOCH value of 6.70 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2209.

Imuraya Group Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2209	75 Outperform	¥32.54B	14.66	―	1.25%	6.74%	29.20%
2211	71 Outperform	¥66.37B	34.73	―	1.14%	8.17%	10.65%
2208	68 Neutral	¥57.47B	11.61	―	1.57%	5.78%	14.23%
2216	68 Neutral	¥64.34B	18.16	―	4.91%	7.74%	0.96%
2217	68 Neutral	¥32.51B	25.93	―	1.33%	0.24%	-25.90%
2221	66 Neutral	¥34.62B	15.10	―	0.83%	15.03%	-26.43%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Imuraya Group Co., Ltd. Corporate Events

Imuraya Group Revises Financial Forecast Upward Amid Strong Product Sales

Imuraya Group Co., Ltd. has revised its financial forecast for the six months ending September 30, 2025, showing an increase in net sales and profits compared to previous estimates. This improvement is attributed to strong sales of summer staple products and new offerings in the steamed food category, despite challenges from high raw material prices and logistics costs. The company has managed to secure profits through price adjustments and productivity improvements, though it maintains caution for the full-year forecast due to ongoing market uncertainties.

The most recent analyst rating on (JP:2209) stock is a Buy with a Yen2778.00 price target. To see the full list of analyst forecasts on Imuraya Group Co., Ltd. stock, see the JP:2209 Stock Forecast page.