Yamami Co. (2820) AI Stock Analysis

• Market Cap: ¥33.90B
• Dividend Yield: 1.56%
• Average Volume (3M): 22.51K
• Price to Earnings (P/E): 20.7
• Beta (1Y): -0.07
• Revenue Growth: 10.89%
• EPS Growth: 25.32%
• Country: JP
• Employees: 267
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 40.17
• Shares Outstanding: 6,967,500
• 10 Day Avg. Volume: 34,650
• 30 Day Avg. Volume: 22,510
• PEG Ratio: 12.68
• Price to Book (P/B): 3.27
• Price to Sales (P/S): 1.62
• P/FCF Ratio: 189.62
• 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): 30,442.92
• Revenue Forecast (FY): ¥3.59T

• Rating: 66 Neutral
• Price Target: ¥5,292.00 ▲(6.91% Upside)

Yamami Co.'s strong financial performance, characterized by consistent revenue growth and improved financial stability, is a significant strength. However, technical indicators suggest potential short-term volatility, and the valuation is fair but not compelling. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Consistent revenue growth and profitability

Sustained revenue growth and solid profitability indicate enduring consumer demand for Yamami’s soybean-based portfolio and effective margin management. This supports reinvestment in product development, stable operating cash flow, and resilience across the next several quarters.

Stronger balance sheet with declining leverage

A healthier equity ratio and lower debt-to-equity reduce refinancing and solvency risk, giving management durable financial flexibility to fund capex, absorb commodity shocks, or pursue strategic initiatives without threatening solvency over the medium term.

Robust operating cash generation

Consistently strong operating cash flow versus reported earnings shows cash conversion strength, enabling steady working-capital funding, potential dividend support and reinvestment into higher-value products, which sustains growth and financial health over coming quarters.

Negative Factors

Volatile free cash flow growth

Fluctuating free cash flow growth creates uncertainty for funding discretionary investments and buffering against shocks. This variability can constrain capital allocation, delay product development or store expansion, and reduce resilience to supply-cost spikes over the medium term.

Declining EBIT margin

A deteriorating EBIT margin signals rising production or SG&A costs or weaker pricing power. If structural, this trend can erode operating earnings and limit the firm's ability to expand margins through scale, pressuring profitability absent efficiency or pricing remedies.

Exposure to commodity and input-cost risk

Heavy reliance on soybean and packaging inputs creates persistent margin sensitivity to commodity and energy price swings. Without long-term hedges, higher-value diversification, or pass-through pricing, input volatility can compress margins and increase earnings variability over months.

Yamami Co. Business Overview & Revenue Model

Company Description

Yamami Company manufactures and sells tofu in Japan. It offers cotton, silk, filled, cut, commercial, and deep-fried tofu; atsuage products; and marine food products. Yamami Company was founded in 1975 and is headquartered in Mihara, Japan.

How the Company Makes Money

Yamami Co. generates revenue through multiple streams, primarily from the sale of its food products across various retail channels, including supermarkets, convenience stores, and online platforms. The company employs a direct-to-consumer model, enhancing its profit margins by reducing reliance on third-party distributors. Significant partnerships with retail chains and health food outlets further bolster its market presence and sales volume. Additionally, Yamami Co. invests in marketing campaigns to build brand loyalty and attract new customers, contributing to sustained revenue growth. Seasonal promotions and limited-time offerings also play a role in driving sales, particularly in peak shopping periods.

Yamami Co. Financial Statement Overview

Summary

Yamami Co. shows consistent revenue growth and strong profitability metrics. The company has improved financial stability by reducing leverage and maintaining a solid equity base. However, volatility in free cash flow could impact future investment and growth opportunities.

Income Statement

Yamami Co. has shown consistent revenue growth over the years, with a 2.74% increase in the latest period. The company maintains a healthy gross profit margin and has improved its net profit margin over time. However, there is a slight decline in EBIT margin, indicating potential cost pressures or inefficiencies.

Balance Sheet

The balance sheet reflects a strong equity position with a declining debt-to-equity ratio, indicating improved financial stability. The return on equity is solid, showing effective use of shareholder funds. The equity ratio is healthy, suggesting a strong asset base relative to liabilities.

Cash Flow

Yamami Co. has demonstrated strong operating cash flow relative to net income, indicating good cash generation capabilities. However, the free cash flow growth rate is volatile, with significant fluctuations over the years, which could pose a risk to financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.06B	21.06B	19.00B	16.18B	13.81B	13.62B
Gross Profit	4.32B	4.32B	4.45B	3.24B	2.85B	3.44B
EBITDA	3.91B	3.92B	3.68B	2.72B	2.54B	2.51B
Net Income	1.50B	1.50B	1.48B	802.50M	606.57M	511.16M
Balance Sheet
Total Assets	15.98B	15.98B	15.52B	13.81B	13.41B	13.64B
Cash, Cash Equivalents and Short-Term Investments	856.52M	856.52M	840.98M	404.48M	160.85M	304.02M
Total Debt	2.26B	2.26B	2.23B	2.75B	3.53B	4.35B
Total Liabilities	5.55B	5.55B	6.01B	5.52B	5.73B	6.39B
Stockholders Equity	10.43B	10.43B	9.51B	8.29B	7.69B	7.25B
Cash Flow
Free Cash Flow	0.00	179.68M	1.17B	1.06B	1.28B	1.93B
Operating Cash Flow	0.00	2.79B	2.85B	2.16B	2.18B	2.60B
Investing Cash Flow	0.00	-2.22B	-1.63B	-946.13M	-846.50M	-667.78M
Financing Cash Flow	0.00	-548.94M	-786.98M	-966.09M	-1.43B	-1.88B

Yamami Co. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4950.00
• 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:2820, the sentiment is Positive. The current price of 4950 is above the 20-day moving average (MA) of 4823.25, above the 50-day MA of 4595.15, and above the 200-day MA of 4652.12, indicating a bullish trend. The MACD of 61.75 indicates Positive momentum. The RSI at 55.99 is Neutral, neither overbought nor oversold. The STOCH value of 49.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2820.

Yamami Co. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2612	77 Outperform	¥36.90B	13.95	―	2.55%	8.21%	20.27%
2669	73 Outperform	¥34.09B	23.54	―	1.10%	-1.72%	-19.25%
2915	72 Outperform	¥32.60B	12.28	―	2.23%	-0.25%	-41.09%
2820	66 Neutral	¥33.90B	20.66	―	1.56%	10.89%	25.32%
2831	64 Neutral	¥31.86B	12.80	―	1.96%	0.16%	10.88%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2923	62 Neutral	¥37.37B	11.93	―	0.80%	8.19%	42.84%

Yamami Co. Corporate Events

Yamami Co. Reports Strong Financial Growth in Q3 2025

Yamami Co. reported a significant improvement in its financial performance for the three months ended September 30, 2025, with net sales increasing by 9.3% and profits nearly doubling compared to the previous year. This growth reflects the company’s strong market positioning and effective operational strategies, which have positively impacted its financial health and shareholder value.

The most recent analyst rating on (JP:2820) stock is a Hold with a Yen4342.00 price target. To see the full list of analyst forecasts on Yamami Co. stock, see the JP:2820 Stock Forecast page.