Iwatsuka Confectionery Co., Ltd. (JP:2221)
:2221
Want to see JP:2221 full AI Analyst Report?
Top Page
Iwatsuka Confectionery Co., Ltd.
(2221)
Select Model
Select Model
Rating:61Neutral
Price Target:
¥3,249.00
▲(6.88% Upside)
Action:Reiterated
Date:05/17/26
The score is supported primarily by a very strong, low-debt balance sheet and solid recent revenue growth. It is held back by weakened cash generation (free cash flow near breakeven) and margin compression, alongside bearish technical signals despite oversold indicators. Valuation is reasonable but not especially compelling given the modest dividend yield.
Positive Factors
Strong balance sheet with very low leverage
Debt near-zero and a large equity base give the company durable financial flexibility in a low-margin consumer staples business. This conservatism supports resilience to input-cost shocks, enables steady working-capital management, and preserves capacity to fund capex, marketing or opportunistic investments without relying on external financing.
Negative Factors
Weak free cash flow and cash conversion
Free cash flow near breakeven and operating cash covering only ~65% of net income indicate inconsistent cash conversion. This constrains the firm's ability to fund dividends, reinvest in manufacturing or marketing, and increases sensitivity to working-capital swings and input-cost volatility over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet with very low leverage
Debt near-zero and a large equity base give the company durable financial flexibility in a low-margin consumer staples business. This conservatism supports resilience to input-cost shocks, enables steady working-capital management, and preserves capacity to fund capex, marketing or opportunistic investments without relying on external financing.
Read all positive factors
Iwatsuka Confectionery Co., Ltd. (2221) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥35.67B
Dividend Yield0.84%
Average Volume (3M)5.66K
Price to Earnings (P/E)16.2
Beta (1Y)0.18
Revenue Growth15.61%
EPS Growth-29.18%
CountryJP
Employees828
SectorConsumer Defensive
Sector Strength42
IndustryFood Confectioners
Share Statistics
EPS (TTM)274.68
Shares Outstanding11,990,000
10 Day Avg. Volume7,010
30 Day Avg. Volume5,663
Financial Highlights & Ratios
PEG Ratio-0.55
Price to Book (P/B)0.47
Price to Sales (P/S)1.14
P/FCF Ratio498.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Iwatsuka Confectionery Co., Ltd. Business Overview & Revenue Model
Company Description
Iwatsuka Confectionery Co., Ltd. manufactures and sells rice crackers in Japan. It offers black soybean rice crackers; vegetable rice crackers with carrot, cabbage, and spinach; fish rice crackers with domestic sardine powder and carrot; quick-dis...
How the Company Makes Money
Iwatsuka Confectionery makes money mainly by selling packaged rice-cracker and rice-snack products through retail and wholesale distribution channels. Its core revenue stream is product sales: (1) branded consumer products sold to supermarkets, co...
Iwatsuka Confectionery Co., Ltd. Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
88
Very Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.11B | 28.85B | 24.95B | 22.00B | 20.39B | 18.04B |
| Gross Profit | 7.12B | 7.33B | 6.86B | 5.68B | 4.57B | 4.18B |
| EBITDA | 2.44B | 2.59B | 2.40B | 2.04B | 1.14B | 936.84M |
| Net Income | 2.86B | 2.03B | 2.91B | 1.96B | 3.97B | 828.07M |
Balance Sheet | ||||||
| Total Assets | 94.77B | 93.06B | 91.10B | 85.75B | 83.56B | 96.28B |
| Cash, Cash Equivalents and Short-Term Investments | 3.31B | 2.93B | 4.06B | 2.84B | 4.54B | 1.78B |
| Total Debt | 796.16M | 4.40M | 536.01M | 862.12M | 1.26B | 2.09B |
| Total Liabilities | 24.40B | 23.20B | 23.15B | 21.95B | 21.49B | 26.59B |
| Stockholders Equity | 70.37B | 69.85B | 67.95B | 63.81B | 62.06B | 69.69B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 65.98M | 1.95B | 885.97M | 3.79B | 684.21M |
| Operating Cash Flow | 0.00 | 3.07B | 3.94B | 2.76B | 5.34B | 2.38B |
| Investing Cash Flow | 0.00 | -3.42B | -2.07B | -1.84B | -1.56B | -1.76B |
| Financing Cash Flow | 0.00 | -1.18B | -653.71M | -2.61B | -1.02B | -108.53M |
Iwatsuka Confectionery Co., Ltd. Technical Analysis
Neutral
3040.00
Price Trends
3198.47
Negative
3136.80
Negative
3069.98
Positive
Market Momentum
-38.63
Positive
37.59
Neutral
9.51
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2221, the sentiment is Neutral. The current price of 3040 is below the 20-day moving average (MA) of 3134.25, below the 50-day MA of 3198.47, and below the 200-day MA of 3069.98, indicating a neutral trend. The MACD of -38.63 indicates Positive momentum. The RSI at 37.59 is Neutral, neither overbought nor oversold. The STOCH value of 9.51 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2221.
Iwatsuka Confectionery Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥68.23B | 7.81 | ― | 1.55% | 6.02% | 5.87% | |
69 Neutral | ¥48.79B | 12.53 | ― | 4.63% | 8.98% | 2.01% | |
65 Neutral | ¥210.40B | 12.79 | 13.33% | 3.47% | 3.37% | 5.12% | |
65 Neutral | ¥29.35B | 12.93 | ― | 1.23% | 5.09% | 10.97% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
61 Neutral | ¥35.67B | 16.19 | ― | 0.84% | 15.61% | -29.18% | |
49 Neutral | ¥59.88B | 513.85 | ― | 1.14% | 9.13% | -21.27% |
* Consumer Defensive Sector Average
JP:2221
Iwatsuka Confectionery Co., Ltd.
3,090.00
131.35
4.44%
JP:2201
Morinaga & Co
2,534.50
215.74
9.30%
JP:2208
Bourbon Corporation
2,885.00
286.23
11.01%
JP:2209
Imuraya Group Co., Ltd.
2,232.00
-152.34
-6.39%
JP:2211
Fujiya Co., Ltd.
2,332.00
-9.27
-0.40%
JP:2216
KANRO Co., Ltd.
1,080.00
-131.04
-10.82%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.