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

• Market Cap: ¥32.06B
• Dividend Yield: 1.27%
• Average Volume (3M): 9.69K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.37
• Revenue Growth: 6.01%
• EPS Growth: 14.02%
• Country: JP
• Employees: 944
• Sector: Consumer Defensive
• Sector Strength: 53
• Industry: Food Confectioners
• EPS (TTM): 9.98
• Shares Outstanding: 13,086,200
• 10 Day Avg. Volume: 10,090
• 30 Day Avg. Volume: 9,686
• PEG Ratio: 1.93
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -71.99
• 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: ¥2,737.00
• Price Target Upside: 12.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ¥2,737.00 ▲(12.13%Upside)

Imuraya Group Co., Ltd. has a solid financial performance, marked by strong revenue growth and effective cost management. The fair valuation suggests potential for reasonable returns, although technical indicators reflect a lack of strong momentum. The overall score reflects the company's financial health and fair market valuation, balanced by neutral technical signals.

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

Company Description

Imuraya Group Co., Ltd. (2209) is a Japanese company specializing in the production and distribution of confectionery and frozen foods. The company is well-known for its traditional Japanese sweets, including yokan and manju, as well as various ice cream products and frozen desserts. Imuraya operates in both domestic and international markets, focusing on delivering high-quality, innovative food products that cater to a diverse range of consumer tastes.

How the Company Makes Money

Imuraya Group Co., Ltd. generates revenue primarily through the sale of its confectionery and frozen food products. A significant portion of its income comes from its branded products, which are distributed through retail channels in Japan and exported to international markets. The company also benefits from collaborations and partnerships with other food manufacturers and retailers, which help expand its market reach and enhance its product offerings. Imuraya's commitment to quality and innovation drives consumer demand, contributing to its financial performance. Additionally, the company may leverage seasonal and cultural events to boost sales of its traditional Japanese sweets.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	50.65B	51.12B	48.22B	44.69B	42.15B	42.15B
Gross Profit	17.54B	17.80B	16.30B	15.61B	14.81B	12.98B
EBITDA	4.68B	5.42B	4.99B	4.20B	4.11B	2.97B
Net Income	2.31B	2.20B	1.93B	1.61B	1.47B	657.27M
Balance Sheet
Total Assets	40.16B	36.68B	38.09B	34.11B	29.42B	29.47B
Cash, Cash Equivalents and Short-Term Investments	1.84B	1.52B	1.33B	1.69B	1.07B	839.12M
Total Debt	2.60B	1.95B	4.89B	3.99B	2.07B	3.79B
Total Liabilities	17.57B	14.55B	17.08B	15.42B	12.03B	13.22B
Stockholders Equity	22.58B	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: Neutral
• Last Price: 2441.00
• 50DMA: Negative
• 100DMA: Positive
• 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 Neutral. The current price of 2441 is below the 20-day moving average (MA) of 2453.90, above the 50-day MA of 2440.30, and above the 200-day MA of 2423.12, indicating a neutral trend. The MACD of 4.66 indicates Positive momentum. The RSI at 46.54 is Neutral, neither overbought nor oversold. The STOCH value of 12.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	76 Outperform	¥32.06B	14.50		1.27%	6.01%	14.02%
2221	71 Outperform	¥34.68B	10.63		0.84%	13.43%	60.08%
2216	69 Neutral	¥69.73B	19.80		1.95%	11.18%	28.19%
2208	67 Neutral	¥62.13B	11.19		0.39%	9.41%	80.74%
Sector *	65 Neutral	$26.93B	15.26	-4.27%	3.16%	1.02%	1.89%
2211	65 Neutral	¥63.02B	38.68		1.23%	3.75%	44.95%
2217	59 Neutral	¥33.21B	26.96		1.82%	0.62%	-32.02%

Imuraya Group Co., Ltd. Corporate Events

Imuraya Group Establishes New Subsidiary to Enhance Food Service Business

Imuraya Group Co., Ltd. announced the establishment of a new wholly owned subsidiary, Imuraya Food Service Co., Ltd., through a company split from its consolidated subsidiary, Imuraya Co., Ltd. This strategic move aims to create a specialized and autonomous framework for its food service business, allowing it to focus on growth strategies and customer needs. The newly formed company will inherit assets, liabilities, and contracts related to the food service business, positioning Imuraya to strengthen its distribution and commercial strategies.

Imuraya Group Increases Year-End Dividend Amid Strong Financial Performance

Imuraya Group Co., Ltd. announced a decision to increase its year-end dividend to ¥36.00 per share, up from the previous forecast of ¥31.00, reflecting the company’s commitment to returning profits to shareholders while maintaining sufficient reserves for future business activities. This decision aligns with Imuraya’s policy of providing stable dividends and is based on the full-year consolidated financial results for the fiscal year ending March 31, 2025.