Natori Co., Ltd. (2922) AI Stock Analysis

• Market Cap: ¥25.44B
• Dividend Yield: 1.19%
• Average Volume (3M): 11.66K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 0.34
• Revenue Growth: 2.76%
• EPS Growth: -3.44%
• Country: JP
• Employees: 826
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Packaged Foods
• EPS (TTM): -16.24
• Shares Outstanding: 15,032,209
• 10 Day Avg. Volume: 9,830
• 30 Day Avg. Volume: 11,663
• PEG Ratio: 0.75
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 62 Neutral
• Price Target: ¥2,136.00 ▲(5.64%Upside)

Natori Co., Ltd. has a mixed financial performance with stable revenue but challenges in profitability and cash flow. The technical analysis indicates a bearish trend, and while the valuation is reasonable, the modest dividend yield offers limited income potential. Improving operational efficiency and cash flow are crucial for enhancing the overall outlook.

Natori Co., Ltd. Business Overview & Revenue Model

Company Description

Natori Co., Ltd. manufactures and sells snack products in Japan. The company offers fisheries, meat products, cheese snacks, agricultural products, fried food, material confectionery products, cold snacks, and other products. Natori Co., Ltd. was founded in 1937 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Natori Co., Ltd. generates revenue through the manufacturing and sale of its snack food products. The company's primary revenue streams include the domestic Japanese market, where its products are distributed through various retail channels, and international exports, where its snacks appeal to consumers seeking authentic Japanese flavors. Natori also benefits from strategic partnerships with retailers and distributors, which help expand its market reach and enhance brand visibility. Seasonal product offerings and innovations in new snack varieties further contribute to the company's earnings.

Natori Co., Ltd. Financial Statement Overview

Summary

Natori Co., Ltd. shows stable revenue growth but faces declining profitability margins and cash flow challenges. The balance sheet is strong with a high equity ratio, but decreasing ROE and low cash flow ratios highlight areas for improvement. Operational efficiency and cash flow generation need focus.

Income Statement

Natori Co., Ltd. demonstrates a stable revenue growth with a 2.8% increase in the latest year. The gross profit margin stands at 21.1% and the net profit margin at 2.8%, indicating a moderate level of profitability. However, the slight decline in EBIT margin from previous years suggests potential challenges in cost management.

Balance Sheet

The company's financial leverage is moderate with a debt-to-equity ratio of 0.20. The equity ratio is a strong 63.0%, reflecting a solid equity base. However, the return on equity has slightly decreased to 5.2%, which may point to efficiency challenges in utilizing shareholder funds.

Cash Flow

Natori's operating cash flow to net income ratio is low at 0.25, indicating potential issues in cash generation relative to net income. The free cash flow to net income ratio is also low at 0.01, suggesting limited cash available after capital expenditures. The negative trend in free cash flow growth is a concern.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
48.83B	48.89B	47.58B	45.09B	45.09B	49.04B
	Gross Profit
10.44B	10.31B	10.15B	8.37B	10.45B	14.24B
	EBIT
2.06B	1.97B	2.13B	622.23M	2.27B	2.25B
	EBITDA
2.53B	3.23B	3.51B	2.32B	4.04B	4.34B
	Net Income Common Stockholders
1.08B	1.35B	1.40B	407.49M	1.56B	1.74B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.63B	4.51B	6.08B	2.01B	4.88B	3.63B
	Total Assets
39.17B	41.57B	43.44B	40.02B	41.39B	39.17B
	Total Debt
7.40B	5.28B	6.30B	7.39B	7.78B	7.40B
	Net Debt
3.76B	766.90M	216.85M	5.39B	2.90B	3.76B
	Total Liabilities
16.89B	15.36B	18.36B	16.44B	17.98B	16.89B
	Stockholders Equity
22.28B	26.21B	25.07B	23.58B	23.41B	22.28B
Cash Flow		Free Cash Flow
0.00	8.73M	5.62B	-1.92B	1.86B	2.90B
	Operating Cash Flow
0.00	342.09M	6.48B	-1.33B	3.67B	3.30B
	Investing Cash Flow
0.00	20.86M	-891.63M	-710.11M	-2.18B	-405.74M
	Financing Cash Flow
0.00	-1.93B	-1.51B	-834.12M	-246.15M	-1.82B

Natori Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2022.00
• 50DMA: Negative
• 100DMA: Negative
• 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:2922, the sentiment is Negative. The current price of 2022 is above the 20-day moving average (MA) of 2018.65, below the 50-day MA of 2031.04, and below the 200-day MA of 2102.36, indicating a bearish trend. The MACD of -4.04 indicates Negative momentum. The RSI at 45.55 is Neutral, neither overbought nor oversold. The STOCH value of 45.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2922.

Natori Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2915	75 Outperform	¥28.91B	8.01		2.14%	3.36%	30.33%
2933	70 Neutral	¥24.45B	9.45		1.87%	2.09%	-8.76%
Sector *	65 Neutral	$8.73B	15.14	4.69%	4.60%	3.64%	-2.51%
2804	65 Neutral	¥24.14B	38.37		2.00%	0.93%	330.14%
2819	64 Neutral	¥23.39B	17.53		1.99%	6.08%	-22.00%
2831	64 Neutral	¥30.68B	12.47		1.84%	1.56%	40.56%
2922	62 Neutral	¥25.44B	18.82		1.19%	2.76%	-3.44%