Shinozakiya, Inc. (2926) AI Stock Analysis

• Market Cap: ¥1.35B
• Dividend Yield: N/A
• Average Volume (3M): 435.07K
• Price to Earnings (P/E): 36.1
• Beta (1Y): 0.23
• Revenue Growth: 5.54%
• EPS Growth: N/A
• Country: JP
• Employees: 148
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): -1.58
• Shares Outstanding: 14,157,780
• 10 Day Avg. Volume: 220,080
• 30 Day Avg. Volume: 435,066
• PEG Ratio: -0.17
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.52
• P/FCF Ratio: 29.06
• 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: 57 Neutral
• Price Target: ¥96.00 ▲(5.49% Upside)

The score is driven primarily by a conservative, low-risk balance sheet and a meaningful 2025 operational rebound. Offsetting this are weak technical trends (price below key moving averages with negative MACD) and limited valuation support (P/E ~33.9 despite thin margins and uneven historical performance).

Positive Factors

Balance Sheet Strength

A debt-free balance sheet enhances financial stability and flexibility, allowing the company to navigate economic cycles with reduced risk.

Revenue Growth

Consistent revenue growth indicates a strengthening market position and potential for sustained business expansion.

Cash Flow Improvement

Improved cash flow generation enhances the company's ability to reinvest in growth opportunities and maintain financial health.

Negative Factors

Thin Profit Margins

Thin profit margins limit the company's ability to absorb cost increases or economic downturns, impacting long-term profitability.

Volatile Profitability

Volatile profitability undermines confidence in the company's ability to sustain earnings, affecting strategic planning and investment.

Uneven Cash Flow

Inconsistent cash flow generation can hinder the company's ability to fund operations and growth consistently, posing a risk to financial stability.

Shinozakiya, Inc. Business Overview & Revenue Model

Company Description

Shinozakiya, Inc. engages in planning, developing, and selling processed soybean food in Japan. It operates through Retail Business and Other Business divisions. The company offers tofu, soymilk, and related products. It distributes its products through directly managed stores and mail orders under the Sandaime Shigezo brand name. The company was formerly known as Shinozakiya Foods, Ltd. and changed its name to Shinozakiya, Inc. in October 1995. Shinozakiya, Inc. was incorporated in 1987 and is headquartered in Koshigaya, Japan.

How the Company Makes Money

Shinozakiya, Inc. generates revenue through the sale of its food and beverage products. The company's primary revenue streams include domestic retail sales, international exports, and wholesale distribution to restaurants and specialty stores. It leverages its brand reputation for quality and authenticity to attract customers. Additionally, Shinozakiya, Inc. may engage in partnerships with other food industry players to expand its distribution network and enhance market penetration. The company also benefits from consumer trends favoring traditional and authentic food experiences, which support its sales growth.

Shinozakiya, Inc. Financial Statement Overview

Summary

Shinozakiya, Inc. faces significant financial challenges with declining revenue and profitability, along with negative cash flow since 2022. However, the company benefits from a strong balance sheet with no debt, which somewhat offsets these concerns.

Income Statement

Shinozakiya, Inc. has experienced declining revenue over the past years, with a decrease from 2019 to 2024. The gross profit margin has also decreased from 32.3% in 2019 to 28.3% in 2024. Additionally, the company has consistently recorded negative EBIT and net income, indicating operational challenges and profitability concerns.

Balance Sheet

The company maintains a strong equity position, as evidenced by an equity ratio of approximately 78.7% in 2024. Shinozakiya has effectively managed its debt, with no outstanding debt in 2024, reducing financial risk. However, declining total assets and equity pose a potential concern for long-term growth.

Cash Flow

Shinozakiya's free cash flow has been negative since 2022, indicating challenges in generating cash from operations. The operating cash flow to net income ratio is negative due to losses, highlighting cash flow inefficiencies. The company needs to improve cash generation to support operations.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.94B	2.79B	2.68B	2.79B	3.02B
Gross Profit	895.55M	789.33M	723.69M	895.31M	1.01B
EBITDA	61.12M	-5.84M	7.15M	-53.73M	62.68M
Net Income	38.04M	-28.38M	-22.81M	-94.39M	13.06M
Balance Sheet
Total Assets	1.36B	1.29B	1.44B	1.35B	1.49B
Cash, Cash Equivalents and Short-Term Investments	609.66M	518.52M	626.48M	465.91M	548.95M
Total Debt	0.00	0.00	18.75M	36.65M	56.66M
Total Liabilities	316.05M	274.41M	401.71M	290.79M	335.60M
Stockholders Equity	1.05B	1.01B	1.04B	1.06B	1.16B
Cash Flow
Free Cash Flow	53.11M	-128.41M	43.51M	-85.31M	32.03M
Operating Cash Flow	75.64M	-117.88M	48.46M	-79.66M	49.31M
Investing Cash Flow	15.49M	28.68M	130.01M	16.61M	-14.17M
Financing Cash Flow	-1.00K	-18.75M	-17.90M	-20.00M	-20.00M

Shinozakiya, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 91.00
• 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:2926, the sentiment is Negative. The current price of 91 is below the 20-day moving average (MA) of 93.65, below the 50-day MA of 97.08, and below the 200-day MA of 101.31, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 52.18 is Neutral, neither overbought nor oversold. The STOCH value of 78.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2926.

Shinozakiya, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2286	76 Outperform	¥6.42B	4.00	―	3.10%	-2.78%	331.41%
2911	68 Neutral	¥4.17B	15.61	―	1.55%	-1.00%	31.15%
2894	66 Neutral	¥5.64B	13.73	―	1.22%	1.52%	28.70%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2926	57 Neutral	¥1.35B	36.10	―	―	5.54%	―
2876	51 Neutral	¥4.09B	-4.29	―	3.37%	-15.71%	-293.44%
2293	47 Neutral	¥5.82B	-13.36	―	―	-3.27%	-108.33%