Yoshimura Food Holdings KK (2884) AI Stock Analysis

• Market Cap: ¥20.95B
• Dividend Yield: N/A
• Average Volume (3M): 145.01K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 0.81
• Revenue Growth: 3.07%
• EPS Growth: 50.05%
• Country: JP
• Employees: 880
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 20.53
• Shares Outstanding: 24,083,370
• 10 Day Avg. Volume: 289,990
• 30 Day Avg. Volume: 145,013
• PEG Ratio: 0.16
• Price to Book (P/B): 2.13
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 4.18
• 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: 78 Outperform
• Price Target: ¥913.00 ▲(32.13% Upside)

The score is driven primarily by strong financial performance (growth, improving profitability, and robust cash conversion). Technicals are supportive but somewhat stretched due to overbought RSI and being below the 200-day average. Valuation looks reasonable based on the P/E, with dividend support unavailable.

Positive Factors

Revenue and Margin Improvement

Sustained double-digit top-line growth alongside expanding gross and net margins indicates improving product mix, pricing power and operational efficiency. These durable improvements enhance internal funding for R&D, capex and distribution, supporting longer-term competitive positioning across channels.

Strong Cash Generation

High cash conversion and rising free cash flow provide durable financial flexibility: supports debt servicing, reinvestment in production capacity and product innovation, and cushions the business during demand cycles, enabling strategic investments without excessive external financing.

Diversified Food Business Model

A multi-segment structure (manufacturing, retail, food service) and broad distribution reduce single-channel dependence and allow cross-segment synergies. This structural diversity supports steady demand, easier product rollouts and resilience to shifts in any single customer or channel over the medium term.

Negative Factors

Moderate Financial Leverage

A debt-to-equity ratio near 2.6 represents persistent leverage that can raise interest and refinancing risks, constrain strategic capital allocation, and amplify earnings volatility if margins compress or rates rise, limiting long-term financial flexibility for growth or M&A.

Relatively Low Equity Ratio

An equity ratio under 20% implies a thinner capital base, reducing the balance-sheet buffer against operational shocks or industry downturns. Over time this can elevate insolvency risk, limit room for incremental borrowing, and force more conservative investment pace.

Recent Negative Short-Term Growth Signals

Despite annual gains reported elsewhere, recent fundamental metrics show declining revenue and EPS trends. If sustained over the next several months, this could indicate softening demand or margin pressure that undermines the durability of recent profitability and cash-generation improvements.

Yoshimura Food Holdings KK Business Overview & Revenue Model

Company Description

Yoshimura Food Holdings K.K. manufactures and sells food products. The company offers commercial food materials; Chinese dishes; dried noodles, buckwheat flour, etc.; meat and processed food products; sake products; and frozen foods, including frozen fried oysters, fried chicken fillets, sashimi cutlet, and fried crab claws; peanut butter cream and chocolate cream; frozen tuna; jellies; sell pork cutlet, etc. It also provides seafood products; frozen paste products; scrolls and rice balls; chilled and frozen foods; fishery food; dumplings; and freeze-dried food, etc. In addition, the company is involved in the import and wholesale of frozen marine products; and sale of flour products. The company was founded in 2008 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Yoshimura Food Holdings generates revenue through several key streams. The primary source of income comes from the sale of its ready-to-eat meals and processed foods, distributed through various retail channels, including supermarkets and convenience stores. In addition, the company earns revenue from its food service operations, supplying meals to restaurants and catering services. Significant partnerships with distributors and retailers enhance its market reach, while ongoing innovation in product offerings helps attract a broader customer base. Furthermore, the company may also benefit from international sales, expanding its footprint in global markets.

Yoshimura Food Holdings KK Financial Statement Overview

Summary

Strong income statement performance (revenue up ~17.5% YoY, improved gross and net margins) and solid cash generation (high cash conversion and rising free cash flow). Balance sheet is stable but moderately leveraged (debt-to-equity ~2.6), keeping the score below top-tier.

Income Statement

The company demonstrated strong revenue growth with a notable increase from 49,781 million yen in 2024 to 58,542 million yen in 2025, representing a 17.5% growth rate. Gross profit margin improved to approximately 22.7%, and net profit margin increased to about 3.2%, indicating enhanced profitability. EBIT and EBITDA margins also strengthened, reflecting effective cost management and operational efficiency.

Balance Sheet

The balance sheet shows a stable financial position with a debt-to-equity ratio of approximately 2.6, indicating moderate leverage. The equity ratio stands at around 19.7%, providing a solid capital structure. Return on equity improved significantly to 16.9%, highlighting effective use of shareholders' capital.

Cash Flow

The cash flow statement illustrates robust cash generation, with operating cash flow to net income ratio at 3.6, suggesting strong cash conversion. The free cash flow grew by 11.8% from the previous year, and the free cash flow to net income ratio is approximately 3.0, underscoring the company's ability to generate cash beyond its earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	58.53B	58.54B	49.78B	34.94B	29.28B	29.29B
Gross Profit	12.83B	13.30B	10.29B	6.96B	6.34B	6.21B
EBITDA	6.51B	7.50B	4.07B	2.42B	1.76B	1.66B
Net Income	1.53B	1.86B	1.03B	613.43M	500.10M	323.61M
Balance Sheet
Total Assets	57.69B	56.07B	52.19B	31.86B	23.74B	23.64B
Cash, Cash Equivalents and Short-Term Investments	11.18B	13.17B	10.23B	5.00B	3.29B	4.94B
Total Debt	30.82B	28.91B	31.61B	14.89B	10.56B	11.08B
Total Liabilities	41.01B	39.53B	39.68B	22.01B	15.43B	15.83B
Stockholders Equity	11.14B	11.04B	8.70B	7.48B	6.31B	5.47B
Cash Flow
Free Cash Flow	0.00	5.64B	5.05B	-431.06M	809.08M	1.91B
Operating Cash Flow	0.00	6.63B	5.76B	79.60M	1.32B	2.09B
Investing Cash Flow	0.00	-845.97M	-4.53B	-2.02B	-1.17B	-387.68M
Financing Cash Flow	0.00	-2.98B	2.32B	3.49B	-1.94B	359.27M

Yoshimura Food Holdings KK Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 691.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2884, the sentiment is Positive. The current price of 691 is below the 20-day moving average (MA) of 799.70, below the 50-day MA of 735.08, and below the 200-day MA of 854.33, indicating a bullish trend. The MACD of 42.58 indicates Negative momentum. The RSI at 72.89 is Negative, neither overbought nor oversold. The STOCH value of 82.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2884.

Yoshimura Food Holdings KK Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2932	78 Outperform	¥23.13B	11.30	―	3.69%	8.75%	4.38%
2884	78 Outperform	¥20.95B	12.71	―	―	3.07%	50.05%
2804	66 Neutral	¥24.17B	9.93	―	2.05%	0.99%	830.67%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2819	62 Neutral	¥24.32B	18.00	―	1.87%	3.08%	-16.77%
2933	59 Neutral	¥25.09B	15.59	―	1.87%	3.06%	-53.49%

Yoshimura Food Holdings KK Corporate Events

Yoshimura Food Holdings Cuts Full-Year Outlook as Profits Decline

Yoshimura Food Holdings reported a 2.0% year-on-year decline in consolidated net sales to ¥42.5 billion for the nine months ended November 30, 2025, with operating profit falling 36.0% to ¥1.9 billion and profit attributable to owners of parent down 18.3% to ¥1.0 billion, reflecting a sharp contraction in profitability compared with the strong gains recorded in the previous year. Total assets increased to ¥63.8 billion and equity rose modestly, but the equity-to-asset ratio edged down to 19.1%, while the company maintained a zero-dividend policy for the fiscal year and revised its full-year forecast downward, now expecting lower sales and significantly reduced profits, signaling a more challenging operating environment and tempered earnings outlook for stakeholders.

The most recent analyst rating on (JP:2884) stock is a Hold with a Yen725.00 price target. To see the full list of analyst forecasts on Yoshimura Food Holdings KK stock, see the JP:2884 Stock Forecast page.