Morozoff Limited (2217) AI Stock Analysis

• Market Cap: ¥32.83B
• Dividend Yield: 1.35%
• Average Volume (3M): 29.01K
• Price to Earnings (P/E): 36.2
• Beta (1Y): 0.47
• Revenue Growth: 0.87%
• EPS Growth: -50.41%
• Country: JP
• Employees: 566
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): -23.44
• Shares Outstanding: 21,265,356
• 10 Day Avg. Volume: 23,930
• 30 Day Avg. Volume: 29,006
• PEG Ratio: -1.53
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 0.94
• P/FCF Ratio: -27.38
• 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: 68 Neutral
• Price Target: ¥1,694.00 ▲(9.86% Upside)

Morozoff Limited's overall stock score is primarily influenced by its strong financial performance, characterized by consistent revenue growth and a robust balance sheet. However, technical indicators and valuation metrics suggest caution, as the stock appears overvalued with limited momentum. The absence of earnings call insights and corporate events means these factors do not impact the score.

Positive Factors

Revenue Growth

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

Balance Sheet Strength

A strong equity ratio highlights financial stability and low reliance on debt, providing resilience against economic fluctuations.

Gross Profit Margin

High gross profit margins reflect effective cost management and pricing power, crucial for sustaining profitability.

Negative Factors

Cash Flow Challenges

Negative free cash flow indicates potential liquidity issues, which could constrain investment and operational flexibility.

Net Profit Margin Decline

A declining net profit margin suggests pressure on profitability, which may impact future earnings and shareholder returns.

Return on Equity

A weakened ROE indicates reduced efficiency in generating profits from equity, potentially affecting investor confidence and capital efficiency.

Morozoff Limited Business Overview & Revenue Model

Company Description

Morozoff Limited manufactures and sells confectionery products in Japan and internationally. The company offers pudding jellies, gifts, frozen sweets, cakes, cookies, chocolates, and baked confectionery. It also involved in cafe and restaurant business. The company was formerly known as Morozoff Seika Co., Ltd. and changed its name to Morozoff Limited in August 1972. Morozoff Limited was incorporated in 1931 and is based in Kobe, Japan.

How the Company Makes Money

Morozoff Limited generates revenue through multiple key streams, primarily from the sale of its confectionery products in both domestic and international markets. The company leverages a multi-channel distribution strategy, which includes direct sales through its own retail outlets, online e-commerce platforms, and partnerships with various grocery chains and specialty stores. Additionally, Morozoff Limited capitalizes on seasonal demand spikes, particularly during holidays and celebrations, by introducing limited-edition products and gift packages. Strategic collaborations with luxury brands and participation in corporate gifting programs also contribute significantly to its revenue. The focus on premium quality and unique offerings allows the company to maintain higher price points and establish a loyal customer base, thereby enhancing its profitability.

Morozoff Limited Financial Statement Overview

Summary

Morozoff Limited demonstrates strong financial health with consistent revenue growth and efficient cost management, as evidenced by solid profit margins. The balance sheet is robust, with low leverage and a high equity ratio, underscoring financial stability. However, cash flow issues, highlighted by negative free cash flow, warrant attention to ensure sustainable liquidity.

Income Statement

Morozoff Limited shows a stable revenue growth with a 3.1% increase from 2024 to 2025, following consistent growth over previous years. The Gross Profit Margin is strong at 50.8% for 2025, reflecting effective cost management. However, the Net Profit Margin decreased to 3.9% due to reduced net income, indicating potential profit pressures. Overall, profitability remains robust with an EBITDA Margin of 8.1%.

Balance Sheet

The company maintains a solid financial position with an Equity Ratio of 75.2%, indicating a strong reliance on equity financing. The Debt-to-Equity Ratio is low at 0.08, reflecting conservative leverage usage. Return on Equity weakened slightly to 7.3%, suggesting room for improved efficiency in generating profits from equity.

Cash Flow

Cash flow performance is mixed, with negative Free Cash Flow of -1.23 billion yen in 2025, a notable decline from the previous year's positive cash flow. The Operating Cash Flow to Net Income ratio is negative, highlighting cash flow challenges despite operational profitability. This could signal potential liquidity concerns if not addressed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.74B	36.02B	34.93B	32.51B	27.21B	25.67B
Gross Profit	17.89B	18.29B	17.98B	16.95B	13.26B	12.12B
EBITDA	2.23B	2.93B	3.37B	3.38B	2.51B	1.53B
Net Income	1.20B	1.41B	1.72B	1.70B	1.03B	352.18M
Balance Sheet
Total Assets	26.07B	25.92B	27.92B	26.60B	25.11B	24.04B
Cash, Cash Equivalents and Short-Term Investments	6.68B	5.09B	7.63B	6.64B	5.38B	3.42B
Total Debt	1.51B	1.56B	1.59B	1.67B	1.75B	1.85B
Total Liabilities	6.60B	6.43B	8.20B	8.02B	7.54B	7.26B
Stockholders Equity	19.47B	19.48B	19.72B	18.58B	17.58B	16.78B
Cash Flow
Free Cash Flow	0.00	-1.23B	1.51B	1.59B	2.28B	960.60M
Operating Cash Flow	0.00	-561.22M	2.12B	2.20B	2.63B	1.64B
Investing Cash Flow	0.00	-679.32M	-456.74M	-1.54B	-345.28M	143.42M
Financing Cash Flow	0.00	-1.82B	-1.01B	-440.68M	-314.26M	-178.03M

Morozoff Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1542.00
• 50DMA: Positive
• 100DMA: Positive
• 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:2217, the sentiment is Positive. The current price of 1542 is above the 20-day moving average (MA) of 1530.40, above the 50-day MA of 1528.10, and below the 200-day MA of 1597.31, indicating a neutral trend. The MACD of 7.25 indicates Negative momentum. The RSI at 59.30 is Neutral, neither overbought nor oversold. The STOCH value of 63.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2217.

Morozoff Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2208	76 Outperform	¥63.38B	12.80	―	1.55%	5.78%	14.23%
2207	75 Outperform	¥42.63B	12.12	―	1.51%	5.86%	57.87%
2209	75 Outperform	¥32.95B	12.53	―	1.23%	6.74%	29.20%
2211	71 Outperform	¥65.08B	34.06	―	1.14%	8.17%	10.65%
2217	68 Neutral	¥32.83B	36.20	―	1.35%	0.87%	-50.41%
2221	66 Neutral	¥35.09B	15.30	―	0.84%	15.03%	-26.43%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Morozoff Limited Corporate Events

Morozoff Limited Reports Financial Decline and Strategic Adjustments

Morozoff Limited reported a slight decline in net sales and a negative operating profit for the nine months ending October 31, 2025, compared to the previous year. The company has also implemented a stock split and introduced an Employee Stock Ownership Plan, which may impact its financial structure and shareholder value.

The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.

Morozoff Limited Completes Treasury Stock Acquisition

Morozoff Limited, a company listed on the Tokyo Stock Exchange, has completed the acquisition of 200,000 shares of its own common stock at a cost of 305,000,000 yen. This move, executed through the ToSTNeT-3 system, is part of a flexible capital policy aimed at adapting to changes in the business environment.

The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.

Morozoff Limited Announces Treasury Stock Acquisition

Morozoff Limited has announced a resolution to acquire treasury stock as part of a flexible capital policy to adapt to changes in the business environment. The acquisition will be conducted through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Transaction System, with a maximum of 210,000 shares to be purchased at a total monetary amount of 320,250,000 yen. This move is expected to impact the company’s capital structure and potentially influence shareholder value.

The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.

Morozoff Limited Secures Syndicated Loan for Production Expansion

Morozoff Limited has announced the conclusion of a syndicated loan agreement to finance the expansion of its production capacity as part of its medium-term business plan. The agreement, involving several major banks, includes financial covenants to ensure the company’s financial stability, with minimal expected impact on the fiscal year’s financial results.

The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.

Morozoff Limited Unveils Ambitious Growth Plan Amid Rising Costs

Morozoff Limited has announced its medium-term business plan, ‘Tsunagu—next stage 2031,’ which is structured in three steps leading up to its 100th anniversary. Despite challenges in Step 1 due to rising costs, the company aims to recover and achieve record-high performance by 2032, with targets including net sales of 41 billion yen and an operating profit of 3 billion yen.

The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.