Sato Foods Co., Ltd. (2923) AI Stock Analysis

• Market Cap: ¥36.82B
• Dividend Yield: 0.8%
• Average Volume (3M): 6.26K
• Price to Earnings (P/E): 4.5
• Beta (1Y): 0.24
• Revenue Growth: 8.19%
• EPS Growth: 42.84%
• Country: JP
• Employees: 631
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 407.10
• Shares Outstanding: 5,075,500
• 10 Day Avg. Volume: 2,740
• 30 Day Avg. Volume: 6,256
• PEG Ratio: -1.26
• Price to Book (P/B): 1.65
• Price to Sales (P/S): 0.80
• P/FCF Ratio: 226.11
• 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: 62 Neutral
• Price Target: ¥7,738.00 ▲(6.15% Upside)
• Action: Reiterated Date: 10/22/25
• Date: Action: Reiterated 10/22/25

Sato Foods Co., Ltd. has a stable financial foundation with solid revenue growth and operational efficiency. However, the stock faces challenges with profitability margins, increased debt reliance, and negative free cash flow. Technical indicators suggest bearish momentum, while valuation metrics indicate the stock is reasonably priced. The lack of earnings call and corporate events data limits further insights.

Positive Factors

Consistent revenue growth

Sato Foods has delivered durable top-line expansion driven by steady household demand for shelf-stable rice products. Multi-year revenue growth and a recent year increase indicate expanding market penetration and distribution that can support predictable sales over the next 2-6 months.

Negative Factors

Increased leverage

A higher debt-to-equity ratio reduces financial flexibility, raising interest and refinancing risk if margins compress. Over the coming months, elevated leverage could constrain investment choices and make the company more vulnerable to adverse cost or demand shocks.

Sato Foods Co., Ltd. Business Overview & Revenue Model

Company Description

Sato Foods Co., Ltd. produces and sells packaged mochi rice cakes and packaged cooked rice in Japan. It offers products under the Sato no Gohan, Kirimochi, and Usagimochi brands. The company was founded in 1950 and is headquartered in Niigata, Japan....

How the Company Makes Money

Sato Foods makes money primarily by manufacturing and selling branded packaged foods—most notably packaged mochi (rice cakes) and packaged cooked rice—through wholesale and retail distribution. Revenue is generated from product sales volumes multi...

Read more

Sato Foods makes money primarily by manufacturing and selling branded packaged foods—most notably packaged mochi (rice cakes) and packaged cooked rice—through wholesale and retail distribution. Revenue is generated from product sales volumes multi...

Sato Foods Co., Ltd. Financial Statement Overview

Breakdown	TTM	Apr 2024	Apr 2024	Apr 2023	Apr 2022	Apr 2021
Income Statement
Total Revenue	47.87B	46.48B	42.58B	39.67B	39.05B	46.94B
Gross Profit	12.36B	11.50B	11.16B	10.01B	10.42B	19.04B
EBITDA	6.41B	5.70B	4.97B	4.42B	4.80B	3.99B
Net Income	2.85B	1.95B	2.30B	1.84B	1.94B	1.49B
Balance Sheet
Total Assets	46.69B	49.28B	44.13B	39.53B	36.54B	31.76B
Cash, Cash Equivalents and Short-Term Investments	1.90B	4.87B	2.67B	3.48B	1.67B	359.59M
Total Debt	16.70B	18.59B	15.72B	14.19B	12.25B	10.20B
Total Liabilities	23.66B	26.80B	23.54B	21.28B	20.07B	16.89B
Stockholders Equity	23.04B	22.48B	20.59B	18.26B	16.48B	14.87B
Cash Flow
Free Cash Flow	0.00	164.40M	-1.93B	771.06M	-195.28M	3.34B
Operating Cash Flow	0.00	4.88B	2.14B	3.04B	1.59B	4.83B
Investing Cash Flow	0.00	-5.18B	-4.18B	-2.92B	-2.11B	-2.18B
Financing Cash Flow	0.00	2.50B	1.22B	1.69B	1.83B	-2.60B

Sato Foods Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7290.00
• 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:2923, the sentiment is Negative. The current price of 7290 is below the 20-day moving average (MA) of 7391.00, below the 50-day MA of 7497.80, and below the 200-day MA of 7709.70, indicating a bearish trend. The MACD of -65.27 indicates Negative momentum. The RSI at 44.29 is Neutral, neither overbought nor oversold. The STOCH value of 52.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2923.

Sato Foods Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2831	64 Neutral	¥32.14B	7.86	―	1.96%	0.16%	10.88%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2923	62 Neutral	¥36.82B	4.55	―	0.80%	8.19%	42.84%
2933	62 Neutral	¥24.18B	3.15	―	1.87%	3.06%	-53.49%
2908	56 Neutral	¥47.43B	18.12	1.97%	2.92%	0.82%	46.96%
2904	48 Neutral	¥14.04B	4.68	―	1.61%	0.48%	-34.95%
2910	46 Neutral	¥36.38B	21.75	―	1.65%	-1.17%	-84.81%