Tabio Corporation (2668) AI Stock Analysis

• Market Cap: ¥8.17B
• Dividend Yield: 2.5%
• Average Volume (3M): 1.89K
• Price to Earnings (P/E): 14.2
• Beta (1Y): <0.01
• Revenue Growth: 2.32%
• EPS Growth: 43.85%
• Country: JP
• Employees: 279
• Sector: Consumer Cyclical
• Sector Strength: 83
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 33.69
• Shares Outstanding: 6,813,880
• 10 Day Avg. Volume: 1,790
• 30 Day Avg. Volume: 1,893
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥1,355.00
• Price Target Upside: 12.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 75 Outperform
• Price Target: ¥1,355.00 ▲(12.26% Upside)

Tabio Corporation's strong financial performance is the most significant factor, supported by stable technical indicators and reasonable valuation. The absence of earnings call data and corporate events does not impact the overall score.

Tabio Corporation Business Overview & Revenue Model

Company Description

Tabio Corporation (2668) is a Japanese company specializing in the design, manufacture, and retail of high-quality socks and hosiery products. The company operates within the apparel and clothing industry, offering a wide range of socks for men, women, and children. Tabio is known for its commitment to craftsmanship, quality materials, and innovative designs, catering to both domestic and international markets.

How the Company Makes Money

Tabio Corporation generates revenue through the sale of its hosiery products across various channels, including its own branded retail stores, online platforms, and wholesale distribution to other retailers. The company's revenue model is primarily based on product sales, with key revenue streams coming from both domestic and international markets. Tabio leverages its brand reputation for quality and style, which allows it to maintain a competitive pricing strategy. Additionally, partnerships with fashion retailers and collaborations with designers contribute to its market presence and sales growth. The company also benefits from seasonal trends and consumer preferences for high-quality and fashionable hosiery.

Tabio Corporation Financial Statement Overview

Summary

Tabio Corporation demonstrates solid financial health with consistent revenue growth, improved profitability, a stable balance sheet with low leverage, and strong cash flow management.

Income Statement

Tabio Corporation has shown consistent revenue growth over the past years, with a notable increase from ¥115.1 billion in 2021 to ¥168.5 billion in 2025. The gross profit margin has been stable, around 56% in 2025, reflecting efficient production and cost management. The net profit margin improved significantly from a negative position in 2021 to 3.1% in 2025, indicating enhanced profitability. EBIT and EBITDA margins are healthy, with an upward trend, suggesting operational efficiency improvements.

Balance Sheet

The company's balance sheet shows a solid equity base with a debt-to-equity ratio of 0.20 in 2025, indicating low financial leverage and a conservative capital structure. The equity ratio is strong at 56.7%, demonstrating a stable financial position. Return on equity has improved from negative in 2021 to 10.8% in 2025, reflecting better utilization of shareholders' equity. Overall, the balance sheet is stable, with manageable debt levels and growing equity.

Cash Flow

Operating cash flow has grown significantly, reaching ¥950.6 million in 2025, indicating strong cash generation from operations. Free cash flow has turned positive since 2024, showing effective cash management and investment returns. The operating cash flow to net income ratio is robust at 1.83, suggesting efficient cash conversion. Overall, cash flow management is strong, with a positive trajectory in free cash flow growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.85B	16.85B	16.22B	15.26B	13.68B	11.51B
Gross Profit	9.42B	9.49B	9.17B	8.63B	7.68B	6.36B
EBITDA	958.68M	972.71M	781.75M	534.65M	307.30M	-1.01B
Net Income	520.11M	520.08M	469.36M	232.38M	183.93M	-1.55B
Balance Sheet
Total Assets	8.52B	8.52B	7.68B	7.73B	7.75B	7.61B
Cash, Cash Equivalents and Short-Term Investments	2.07B	2.07B	1.54B	2.60B	2.83B	2.51B
Total Debt	949.36M	949.36M	719.30M	897.72M	1.07B	1.31B
Total Liabilities	3.69B	3.69B	3.21B	3.71B	3.76B	3.70B
Stockholders Equity	4.83B	4.83B	4.47B	4.02B	3.99B	3.91B
Cash Flow
Free Cash Flow	0.00	807.22M	-114.06M	338.77M	619.95M	-890.19M
Operating Cash Flow	0.00	950.60M	356.24M	610.13M	841.13M	-692.63M
Investing Cash Flow	0.00	-252.71M	-865.59M	-267.31M	-16.74M	-181.49M
Financing Cash Flow	0.00	-180.19M	-560.60M	-579.16M	-504.18M	586.10M

Tabio Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1207.00
• 50DMA: Positive
• 100DMA: Positive
• 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:2668, the sentiment is Neutral. The current price of 1207 is above the 20-day moving average (MA) of 1206.20, above the 50-day MA of 1202.36, and above the 200-day MA of 1206.64, indicating a neutral trend. The MACD of 1.20 indicates Positive momentum. The RSI at 49.00 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2668.

Tabio Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8135	80 Outperform	¥8.79B	3.09		4.01%	7.24%	216.11%
3320	79 Outperform	¥9.73B	6.69		2.83%	1.86%	-13.39%
2668	75 Outperform	¥8.17B	14.23		2.50%	2.32%	43.85%
2438	64 Neutral	¥6.95B	37.95		1.67%	3.19%	-230.41%
Sector *	61 Neutral	$17.97B	12.87	-5.29%	2.97%	1.26%	-14.45%
7494	50 Neutral	¥8.79B	―		1.88%	-10.02%	-37.15%
2769	39 Underperform	¥8.05B	―		―	0.66%	-236.09%