Fukutome Meat Packers,Ltd. (2291) AI Stock Analysis

• Market Cap: ¥2.09B
• Dividend Yield: N/A
• Average Volume (3M): 11.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: -2.97%
• EPS Growth: -6.82%
• Country: JP
• Employees: 349
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 28.08
• Shares Outstanding: 3,400,000
• 10 Day Avg. Volume: 5,430
• 30 Day Avg. Volume: 11,813
• PEG Ratio: 0.01
• Price to Book (P/B): 1.95
• Price to Sales (P/S): 0.15
• P/FCF Ratio: -6.63
• 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: 37 Underperform
• Price Target: ¥616.00 ▼(-25.15% Downside)
• Action: Reiterated Date: 11/21/25
• Date: Action: Reiterated 11/21/25

Fukutome Meat Packers, Ltd. is facing severe financial and operational challenges, as reflected in its poor financial performance and bearish technical indicators. The negative P/E ratio and lack of dividend yield further highlight valuation concerns. These factors collectively result in a low overall stock score, indicating significant risks and the need for strategic improvements.

Positive Factors

Diversified product mix

Offering pork, beef and poultry provides durable revenue diversification across protein categories. This reduces exposure to single-protein supply or demand shocks, supports cross-selling to B2B clients, and helps capture shifts in consumer preferences toward premium or healthier meat options over the medium term.

B2B distribution and partnerships

A B2B model with established distributor and supplier partnerships creates more predictable volume flows and operational scale. Durable contracts and distribution reach improve market access, reduce customer acquisition volatility, and can stabilize sales and logistics efficiency across quarters.

Moderately stable equity ratio

Despite leverage concerns, a moderately stable equity ratio provides a buffer against immediate solvency stress. This structural cushion supports refinancing or restructuring efforts, giving management time to execute turnarounds and maintain operations over the coming months.

Negative Factors

Declining revenue trend

Sustained revenue decline indicates weakening market position or loss of customer volumes, which pressures margins and limits reinvestment capacity. Over months this trend can erode scale advantages, reduce bargaining power with suppliers, and constrain strategic response options.

Persistent negative profitability

Continued negative operating and reported margins reflect structural profitability issues. Ongoing losses deplete equity, hinder capital allocation to growth or efficiency initiatives, and make it harder to retain or attract partners, creating a durable headwind to recovery without material operational change.

Weak cash generation and liquidity

Consistent negative operating and free cash flows signal poor conversion of sales into liquid resources. This raises refinancing and liquidity risk, limits ability to fund working capital or capex, and increases dependence on external financing, which can constrain strategic actions over the medium term.

Fukutome Meat Packers,Ltd. Business Overview & Revenue Model

Company Description

Fukutome Meat Packers, Ltd. processes, manufactures, and sells meat, and frozen and prepared foods in Japan. The company offers sausages, delica, ham bacons, and beef. It also manages restaurants and meat prepared food retail stores. Fukutome Meat Packers, Ltd. was founded in 1919 and is headquartered in Hiroshima, Japan.

How the Company Makes Money

Fukutome Meat Packers generates revenue primarily through the sale of processed meat products to wholesalers, retailers, and food service businesses. The company operates on a business-to-business (B2B) model, supplying large quantities of meat to supermarkets, restaurants, and catering companies. Key revenue streams include direct sales of packaged meats, customized meat processing services, and value-added products such as marinated and pre-cooked meats. Additionally, Fukutome Meat Packers benefits from strategic partnerships with distributors and suppliers, enhancing its market reach and operational efficiency. Seasonal demand fluctuations and consumer trends toward healthier and premium meat options also influence the company's earnings potential.

Fukutome Meat Packers,Ltd. Financial Statement Overview

Summary

Fukutome Meat Packers, Ltd. is facing significant financial challenges, including declining revenues, negative profitability margins, high leverage, and poor cash flow generation. The company's financial health is under pressure, necessitating strategic interventions to improve profitability, reduce debt levels, and enhance cash flow management to ensure long-term sustainability.

Income Statement

Fukutome Meat Packers, Ltd. has been experiencing declining revenue trends with a negative net profit margin, indicating struggles in generating profit from sales. The EBIT and EBITDA margins have also been consistently negative, reflecting operational challenges. Furthermore, the company has not achieved sustainable revenue growth, highlighting the need for strategic adjustments to improve profitability.

Balance Sheet

The company's financial position shows a high debt-to-equity ratio, indicating significant leverage which poses financial risk. The return on equity has been negative due to consistent net losses, reflecting poor profitability relative to equity. Despite these concerns, the equity ratio remains moderately stable, suggesting some degree of financial management.

Cash Flow

Cash flow analysis reveals negative operating cash flows and free cash flows over the period, indicating issues with cash generation and sustainability. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income to cash. This presents a liquidity challenge, requiring improved operational management to enhance cash flow stability.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	24.42B	24.62B	25.19B	24.89B	24.42B	25.33B
Gross Profit	3.56B	3.58B	3.83B	3.90B	3.81B	4.43B
EBITDA	168.00M	-125.00M	686.00M	-638.00M	-89.00M	389.00M
Net Income	-392.00M	-640.00M	150.00M	-1.19B	-718.00M	-240.00M
Balance Sheet
Total Assets	12.28B	12.52B	13.57B	13.71B	14.45B	15.85B
Cash, Cash Equivalents and Short-Term Investments	1.54B	1.87B	2.68B	2.32B	2.35B	2.63B
Total Debt	5.61B	5.84B	5.97B	6.33B	6.03B	6.36B
Total Liabilities	10.34B	10.67B	11.20B	11.48B	11.00B	11.51B
Stockholders Equity	1.94B	1.85B	2.37B	2.23B	3.45B	4.35B
Cash Flow
Free Cash Flow	0.00	-544.00M	-595.00M	-395.00M	-199.00M	70.00M
Operating Cash Flow	0.00	-239.00M	-178.00M	-49.00M	205.00M	349.00M
Investing Cash Flow	0.00	-354.00M	909.00M	-278.00M	-198.00M	-290.00M
Financing Cash Flow	0.00	-220.00M	-366.00M	292.00M	-337.00M	64.00M

Fukutome Meat Packers,Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 823.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2291, the sentiment is Negative. The current price of 823 is above the 20-day moving average (MA) of 632.20, above the 50-day MA of 631.70, and below the 200-day MA of 864.75, indicating a bearish trend. The MACD of -2.95 indicates Positive momentum. The RSI at 38.20 is Neutral, neither overbought nor oversold. The STOCH value of 30.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2291.

Fukutome Meat Packers,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2871	72 Outperform	€538.55B	20.47	9.86%	2.58%	1.08%	2.71%
2288	67 Neutral	¥60.52B	12.24	6.48%	2.27%	1.46%	―
2296	64 Neutral	¥341.93B	21.77	―	2.61%	6.54%	15.08%
2282	63 Neutral	¥703.40B	22.54	6.04%	2.04%	5.55%	27.03%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2293	47 Neutral	¥6.13B	-35.43	―	―	-3.27%	-108.33%
2291	37 Underperform	¥2.09B	-4.68	―	―	-2.97%	-6.82%