SHINTO Holdings,Inc. (2776) AI Stock Analysis

• Market Cap: ¥7.14B
• Dividend Yield: N/A
• Average Volume (3M): 487.20K
• Price to Earnings (P/E): 62.2
• Beta (1Y): 0.08
• Revenue Growth: 157.12%
• EPS Growth: N/A
• Country: JP
• Employees: 70
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): N/A
• Shares Outstanding: 53,377,500
• 10 Day Avg. Volume: 734,130
• 30 Day Avg. Volume: 487,203
• PEG Ratio: 0.16
• Price to Book (P/B): 1.85
• Price to Sales (P/S): 0.22
• P/FCF Ratio: -10.50
• 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: 46 Neutral
• Price Target: ¥131.00 ▲(9.17% Upside)
• Action: Reiterated Date: 03/14/26
• Date: Action: Reiterated 03/14/26

The score is held back primarily by weak financial performance quality—especially negative cash flow and high leverage alongside thin margins—despite strong revenue growth. Technicals are relatively neutral to mildly supportive, but a high P/E with no dividend yield provided makes valuation less compelling.

Positive Factors

Revenue growth

Sustained top-line acceleration increases scale and market traction, supporting longer-term capacity to invest in inventory, production, and distribution. Over 2–6 months this revenue momentum can help absorb fixed costs, fund product expansion, and justify operational scaling despite thin margins.

Turnaround from losses

Moving from loss-making to profitable (even modestly) signals structural operational improvement and risk reduction. This shift lowers bankruptcy risk, improves access to financing, and creates a platform to sustain recovery initiatives over the medium term if cash generation stabilizes and margins are protected.

Larger equity base

An expanded equity base provides a stronger capital buffer and greater solvency headroom, improving the firm's ability to tolerate short-term shocks and support organic growth. Over months this reduces immediate dilution or urgent external funding needs if management preserves capital discipline.

Negative Factors

High leverage

Elevated debt relative to equity constrains financial flexibility and raises refinancing and interest-rate sensitivity. With thin profitability and recent cash flow weakness, high leverage amplifies downside risk, limiting the company's ability to fund growth or absorb shocks without costly external financing.

Negative cash flow

A return to negative operating and free cash flow means the business is consuming cash to run and grow, increasing reliance on external funding. Over a multi-month horizon this raises liquidity and execution risk, potentially forcing tighter working-capital terms or higher-cost borrowing that undermine margin recovery.

Very thin margins

Extremely low margins leave earnings highly sensitive to cost inflation, supply disruptions, or sales volatility. Such narrow buffers constrain the firm's ability to self-finance growth, hamstring deleveraging, and make performance dependent on consistent revenue execution across upcoming quarters.

SHINTO Holdings,Inc. Business Overview & Revenue Model

Company Description

SHINTO Holdings, Inc. engages in the wholesale of apparel in Japan. It operates through Apparel Business, Real Estate-Related Business, and Trade Business segment. The Apparel Business segment offers casual wear, and cut-and-sew products including T-shirts and trainers products. The Real Estate-Related Business segment engages in the sale of real estate properties and brokerage business services. The Trade Business segment provides import and export transaction services, which include polyethylene terephthalate, etc.; and recycled plastic products. The company is also engaged in liquor sales business. The company was formerly known as Crymson Co.,Ltd. and changed its name to Shinto Holdings, Inc. in October 2017. Shinto Holdings, Inc. was incorporated in 1984 and is headquartered in Tokyo, Japan.

SHINTO Holdings,Inc. Financial Statement Overview

Summary

Strong revenue growth and a turnaround from losses are positives, but overall financial quality is weak due to very thin profitability, high leverage (debt-to-equity ~1.70), and a sharp deterioration in cash generation with negative operating and free cash flow in the latest period.

Income Statement

Revenue has accelerated sharply, rising from 12.3B to 27.9B in the latest annual period (+37.8%), signaling strong top-line momentum. Profitability, however, remains thin: net margin is ~0.35% and operating profitability is modest (~2.1%), which leaves earnings sensitive to cost inflation or demand swings. The company has improved materially versus the loss-making periods in 2023–2024, but the overall earnings profile is still low-quality due to very small margins.

Balance Sheet

Leverage has increased significantly alongside growth: debt-to-equity is high at ~1.70 in the latest annual period (and was even higher at ~1.93 the prior year), reducing financial flexibility. While equity has grown, returns on equity are low (~3.0%), indicating limited profit generation relative to the capital base. Overall, the balance sheet is more leveraged than earlier years and looks like a key risk area if profitability or cash generation softens.

Cash Flow

Cash generation weakened notably in the latest annual period, with operating cash flow turning negative (-351.5M) and free cash flow also negative (-579.9M). This is a step back from the prior year when both operating cash flow (353.0M) and free cash flow (99.0M) were positive, suggesting working-capital needs and/or investment spending rose materially. With profits already thin, the return to negative cash flow increases funding risk and makes execution on growth more dependent on external financing.

Breakdown	TTM	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022
Income Statement
Total Revenue	20.28B	27.94B	12.30B	6.29B	4.02B	4.77B
Gross Profit	846.49M	1.32B	575.19M	97.58M	214.73M	529.08M
EBITDA	251.99M	872.66M	131.82M	-241.02M	-173.89M	93.18M
Net Income	-99.12M	97.83M	16.54M	-394.07M	-212.48M	64.31M
Balance Sheet
Total Assets	7.47B	13.57B	6.04B	1.41B	2.00B	1.43B
Cash, Cash Equivalents and Short-Term Investments	220.79M	979.22M	203.62M	180.73M	425.29M	282.09M
Total Debt	3.35B	5.61B	3.11B	251.66M	271.69M	224.68M
Total Liabilities	5.70B	9.50B	4.37B	566.90M	740.92M	516.00M
Stockholders Equity	1.51B	3.30B	1.45B	821.61M	1.22B	898.34M
Cash Flow
Free Cash Flow	0.00	-579.92M	99.60M	-233.60M	-411.20M	122.58M
Operating Cash Flow	0.00	-351.51M	353.89M	-206.75M	-383.05M	136.06M
Investing Cash Flow	0.00	-363.29M	-268.88M	-5.34M	-69.07M	-15.88M
Financing Cash Flow	0.00	1.22B	-159.83M	-32.91M	569.49M	24.49M

SHINTO Holdings,Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 120.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2776, the sentiment is Positive. The current price of 120 is below the 20-day moving average (MA) of 136.40, below the 50-day MA of 133.08, and below the 200-day MA of 134.93, indicating a bullish trend. The MACD of 2.04 indicates Positive momentum. The RSI at 53.33 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2776.

SHINTO Holdings,Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3569	78 Outperform	¥172.49B	9.78	10.24%	2.43%	6.08%	8.55%
3104	75 Outperform	¥115.71B	15.30	―	1.79%	10.76%	54.82%
3002	66 Neutral	¥140.17B	17.53	2.80%	3.38%	>-0.01%	-49.83%
8011	66 Neutral	¥39.06B	13.45	―	5.23%	―	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
3591	59 Neutral	¥215.17B	39.72	5.31%	2.29%	-6.04%	146.54%
2776	46 Neutral	¥7.14B	62.23	―	―	157.12%	―