AMIYAKI TEI CO., LTD. (2753) AI Stock Analysis

• Market Cap: ¥29.28B
• Dividend Yield: 2.47%
• Average Volume (3M): 45.19K
• Price to Earnings (P/E): 25.3
• Beta (1Y): 0.45
• Revenue Growth: 2.93%
• EPS Growth: -8.37%
• Country: JP
• Employees: 564
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 13.98
• Shares Outstanding: 20,546,400
• 10 Day Avg. Volume: 56,220
• 30 Day Avg. Volume: 45,193
• PEG Ratio: 0.56
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 0.90
• P/FCF Ratio: 35.94
• 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: 61 Neutral
• Price Target: ¥1,537.00 ▲(14.62% Upside)
• Action: Downgraded Date: 10/30/25
• Date: Action: Downgraded 10/30/25

The overall stock score is primarily influenced by strong financial performance, which is offset by bearish technical indicators. The valuation is moderate, providing some support but not enough to counteract the negative market momentum. The absence of earnings call and corporate events data means these factors did not influence the score.

Positive Factors

Balance sheet strength

AMIYAKI's extremely low leverage and high equity ratio deliver durable financial flexibility. Low debt reduces interest and refinancing risk, enabling steady capital allocation for store upkeep, selective expansion or shareholder returns while withstanding consumer cyclical downturns.

Revenue growth & gross margins

Sustained top-line growth combined with a 61% gross margin indicates strong unit economics and pricing power in its dining formats. This creates a durable cash-generation base and a margin buffer that helps absorb cost pressures and supports long-term profitability.

Operating cash generation

Consistent operating cash flow and an OCF-to-net-income ratio above 1 show the business converts earnings to cash reliably. Steady cash generation underpins reinvestment in stores, working capital needs and reduces reliance on external financing for strategic initiatives.

Negative Factors

Free cash flow decline

A 61% fall in free cash flow materially reduces cash available after investment. If persistent, lower FCF constrains dividends, store refurbishments or expansion, forces tighter capital prioritization and may increase dependence on external funding for growth initiatives.

Earnings per share weakness

A ~20% decline in EPS signals weakening per-share earnings power and could reflect margin pressure or increased costs. Sustained EPS contraction undermines the firm's ability to grow shareholder returns and may limit retained earnings available for reinvestment.

Modest operating margins

Despite high gross margins, EBIT and EBITDA margins are modest, leaving limited buffer to absorb rising labor, rent or commodity costs. Narrower operating profitability reduces internal funding for expansion and heightens vulnerability to margin compression in a competitive restaurant sector.

AMIYAKI TEI CO., LTD. Business Overview & Revenue Model

Company Description

Amiyaki Tei Co., Ltd. operates a chain of restaurants in Japan. It operates through Yakiniku, Yakitori, and Other segments. The Yakiniku segment operates 182 restaurants under the Amiyaki Tei, Karbiya, and Suehiro Kan brand names, which specializes in offering meat. The Yakitori segment operates 55 restaurants under the Ganso Yakitoriya brand, which offers yakitori and kamomeki. The Other segment operates 32 restaurants. Amiyaki Tei Co., Ltd. was founded in 1995 and is headquartered in Kasugai, Japan.

How the Company Makes Money

AMIYAKI TEI CO., LTD. generates revenue primarily through its restaurant operations. The company makes money by serving customers at its yakiniku restaurants, where patrons pay for individual meals. Revenue streams include dine-in services, take-out orders, and potentially delivery services. The company may also have strategic partnerships with suppliers to ensure high-quality ingredients, which can contribute to profitability by maintaining customer satisfaction and repeat business. Additionally, franchise operations or licensing agreements, if present, could serve as supplementary revenue sources.

AMIYAKI TEI CO., LTD. Financial Statement Overview

Summary

AMIYAKI TEI CO., LTD. demonstrates strong financial health with consistent revenue growth and solid profit margins. The company maintains a stable balance sheet with low leverage and high equity. While operating cash flow is strong, the decrease in free cash flow highlights a potential area for improvement.

Income Statement

The company exhibits strong revenue growth with a 6.2% increase from the previous year, and impressive gross profit margin of 61%. Net profit margin improved to 4.9%, showing efficient cost management. However, the EBIT and EBITDA margins, at 7.5% and 10.3% respectively, could be enhanced to further boost profitability.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.06, indicating strong financial stability. The equity ratio stands at 78.9%, suggesting a high proportion of assets financed by equity. Return on equity (ROE) is a solid 7.9%, reflecting efficient use of equity capital.

Cash Flow

Operating cash flow is consistent, but the free cash flow growth rate declined significantly, dropping by 61%. The operating cash flow to net income ratio is 1.56, indicating effective cash generation relative to earnings, but the free cash flow to net income ratio of 0.51 suggests room for improvement in cash retention.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Dec 2020
Income Statement
Total Revenue	35.88B	35.33B	33.27B	28.54B	21.56B	22.14B
Gross Profit	21.55B	21.59B	20.38B	17.51B	12.99B	13.75B
EBITDA	3.25B	3.66B	3.02B	1.21B	1.72B	-782.00M
Net Income	1.46B	1.74B	1.31B	132.00M	627.00M	-1.43B
Balance Sheet
Total Assets	28.79B	27.81B	27.24B	24.86B	24.55B	24.67B
Cash, Cash Equivalents and Short-Term Investments	8.46B	9.85B	9.98B	9.95B	9.31B	9.23B
Total Debt	1.76B	1.31B	1.12B	588.00M	701.00M	771.00M
Total Liabilities	6.65B	5.87B	6.34B	4.80B	4.41B	4.95B
Stockholders Equity	22.14B	21.94B	20.89B	20.07B	20.14B	19.72B
Cash Flow
Free Cash Flow	0.00	888.00M	2.28B	917.00M	393.00M	-1.53B
Operating Cash Flow	0.00	2.71B	3.53B	2.03B	1.17B	-1.15B
Investing Cash Flow	0.00	54.00M	-1.62B	-1.10B	-808.00M	-2.98B
Financing Cash Flow	0.00	-892.00M	-679.00M	-311.00M	-282.00M	41.00M

AMIYAKI TEI CO., LTD. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1341.00
• 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:2753, the sentiment is Neutral. The current price of 1341 is below the 20-day moving average (MA) of 1423.60, below the 50-day MA of 1405.54, and below the 200-day MA of 1432.08, indicating a neutral trend. The MACD of 13.75 indicates Negative momentum. The RSI at 52.39 is Neutral, neither overbought nor oversold. The STOCH value of 35.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2753.

AMIYAKI TEI CO., LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3221	73 Outperform	¥35.80B	11.79	―	0.94%	9.00%	-3.45%
3193	69 Neutral	¥42.99B	10.55	―	1.35%	11.02%	-0.61%
7522	65 Neutral	¥38.88B	3.96	―	1.04%	5.47%	61.89%
7554	65 Neutral	¥22.57B	20.09	―	―	―	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2753	61 Neutral	¥29.28B	25.25	―	2.47%	2.93%	-8.37%
3196	46 Neutral	¥41.30B	104.89	―	0.62%	13.05%	-29.04%

AMIYAKI TEI CO., LTD. Corporate Events

AMIYAKI TEI Balances Sales Growth and Profit Decline While Maintaining Dividend Outlook

AMIYAKI TEI reported consolidated net sales of ¥27.6 billion for the nine months ended December 31, 2025, up 5.6% year on year, but operating profit fell 26.4% to ¥1.41 billion and profit attributable to owners of parent declined 30.4% to ¥827 million, reflecting margin pressure despite steady revenue growth. The company maintains a solid financial position with an equity-to-asset ratio above 76% and is keeping its full-year forecast unchanged, projecting a 9.2% rise in net sales but double-digit declines in profit, while also targeting an annual dividend of ¥34 per share (equivalent to ¥102 on a pre-split basis), signaling a continued commitment to shareholder returns even as earnings soften.

The most recent analyst rating on (JP:2753) stock is a Hold with a Yen1398.00 price target. To see the full list of analyst forecasts on AMIYAKI TEI CO., LTD. stock, see the JP:2753 Stock Forecast page.