Takamiya Co., Ltd. (2445) AI Stock Analysis

• Market Cap: ¥16.26B
• Dividend Yield: 1.15%
• Average Volume (3M): 93.16K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.69
• Revenue Growth: -0.68%
• EPS Growth: -34.26%
• Country: JP
• Employees: 1,327
• Sector: Industrials
• Sector Strength: 87
• Industry: Rental & Leasing Services
• EPS (TTM): 7.93
• Shares Outstanding: 46,585,600
• 10 Day Avg. Volume: 65,560
• 30 Day Avg. Volume: 93,156
• PEG Ratio: 0.27
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -18.85
• 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

• Rating: 57 Neutral
• Price Target: ¥347.00 ▼(-0.57%Downside)

The overall score is influenced primarily by bearish technical indicators and challenges in cash flow management. While the valuation is attractive, the financial performance and technical analysis present significant concerns that weigh down the overall score.

Takamiya Co., Ltd. Business Overview & Revenue Model

Company Description

Takamiya Co., Ltd. is a Japan-based company primarily engaged in the construction equipment rental business. The company's operations are divided into several segments, including the rental of temporary equipment for construction works, scaffolding, and other related services. Takamiya provides its products and services to a wide range of construction projects, offering solutions that enhance safety and efficiency on job sites.

How the Company Makes Money

Takamiya Co., Ltd. generates revenue primarily through its rental services of construction equipment and scaffolding systems. This includes renting out temporary structures such as scaffolding, formwork, and shoring materials to construction companies and contractors. The company also offers sales of construction materials and equipment, providing additional revenue streams. These revenue streams are supported by Takamiya's strong relationships with construction firms and its reputation for reliability and quality in its product offerings.

Takamiya Co., Ltd. Financial Statement Overview

Summary

Takamiya Co., Ltd. shows stable financial health with strengths in gross profitability and a reasonable balance sheet. However, declining net income and negative cash flows indicate challenges in operational efficiency and cash management.

Income Statement

The income statement shows moderate performance with consistent revenue figures, though there is a slight decline in total revenue for the latest period. Gross profit margins hover around 32% to 33%, indicating stable profitability from core operations. However, net profit margins have decreased, reflecting pressure on overall profitability. EBIT and EBITDA margins suggest decent operational efficiency, though recent declines in EBIT raise concerns about cost management.

Balance Sheet

The balance sheet is relatively strong with a debt-to-equity ratio of approximately 1.77, indicating moderate leverage. Stockholders' equity has shown steady growth, enhancing financial stability. However, the equity ratio stands at around 30%, suggesting a balanced approach to financing with potential for improvement in equity levels. Overall, the company maintains reasonable financial health, but cautious debt management is advisable.

Cash Flow

Cash flow analysis reveals challenges in generating positive operating cash flow, with recent periods showing negative figures. Free cash flow is also negative, pointing to difficulties in managing capital expenditures and funding operations internally. The free cash flow to net income ratio is unfavorable, suggesting inefficiencies in cash conversion. Despite these concerns, financing activities have supported liquidity, albeit through increased leverage.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
44.28B	43.83B	44.13B	41.89B	39.80B	38.81B
	Gross Profit
14.29B	14.12B	14.43B	12.59B	11.18B	11.00B
	EBIT
2.32B	2.06B	3.40B	2.25B	1.68B	1.59B
	EBITDA
6.33B	7.90B	8.84B	7.39B	6.47B	6.46B
	Net Income Common Stockholders
1.03B	1.23B	1.89B	1.46B	965.00M	857.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.35B	8.84B	7.79B	8.30B	8.84B	8.03B
	Total Assets
73.43B	75.08B	68.94B	62.75B	59.08B	56.45B
	Total Debt
38.62B	39.64B	32.54B	28.65B	27.26B	27.15B
	Net Debt
30.27B	30.80B	24.76B	20.35B	18.42B	19.12B
	Total Liabilities
51.60B	52.49B	46.79B	42.23B	39.75B	37.69B
	Stockholders Equity
21.66B	22.40B	21.95B	20.33B	19.16B	18.61B
Cash Flow		Free Cash Flow
0.00	-3.74B	-3.70B	-1.06B	1.27B	3.64B
	Operating Cash Flow
0.00	-585.00M	-180.00M	-14.00M	4.29B	5.04B
	Investing Cash Flow
0.00	-4.54B	-3.19B	-1.21B	-2.98B	-1.38B
	Financing Cash Flow
0.00	6.15B	2.80B	398.00M	-588.00M	-2.87B

Takamiya Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 349.00
• 50DMA: Negative
• 100DMA: Negative
• 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:2445, the sentiment is Neutral. The current price of 349 is above the 20-day moving average (MA) of 341.20, below the 50-day MA of 359.06, and below the 200-day MA of 398.27, indicating a neutral trend. The MACD of -3.61 indicates Negative momentum. The RSI at 48.99 is Neutral, neither overbought nor oversold. The STOCH value of 56.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2445.

Takamiya Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9908	81 Outperform	¥24.95B	8.01		4.43%	11.70%	2.10%
7081	78 Outperform	¥12.25B	8.21		2.71%	2.12%	-6.76%
9763	76 Outperform	¥10.28B	7.97		4.21%	6.95%	4.92%
7065	71 Outperform	¥5.88B	13.54		1.95%	0.13%	-38.34%
Sector *	66 Neutral	$4.51B	12.22	5.40%	3.63%	4.14%	-12.01%
9223	63 Neutral	¥7.61B	59.05		0.33%	12.70%	-111.73%
2445	57 Neutral	¥16.26B	12.88		1.15%	-0.68%	-34.26%

Takamiya Co., Ltd. Corporate Events

Takamiya Co., Ltd. Announces Change of Independent Auditor

Takamiya Co., Ltd. announced a change in its independent auditor, transitioning from Ernst & Young ShinNihon LLC to Ark LLC, effective June 25, 2025. This decision was made to ensure efficient audits that align with the company’s business conditions and future environmental changes, after considering the prolonged tenure of the current auditor and the appropriateness of their audit response.

Takamiya Revises Medium-Term Business Plan Targets Amid Challenges

Takamiya Co., Ltd. has revised its numerical targets for the fiscal year ending March 31, 2027, due to underperformance in the initial year of its Medium-Term Business Plan 2024-2026. The company faced challenges such as labor shortages, rising costs, and delays in project commencements and service adoption, impacting its revenue base. Despite these setbacks, Takamiya remains committed to its management vision and fundamental policies, focusing on the growth potential of its platform business and enhancing corporate value over the medium to long term.

Takamiya Co., Ltd. Reports Decline in Financial Performance but Increases Dividends

Takamiya Co., Ltd. reported a decline in its financial performance for the fiscal year ended March 31, 2025, with net sales slightly decreasing by 0.7% and significant drops in operating and ordinary profits by 39.4% and 48.1%, respectively. Despite the challenging financial results, the company increased its annual dividend per share from 14.00 yen to 16.00 yen, indicating a commitment to returning value to shareholders.