Pickles Holdings Co., Ltd. (JP:2935)
:2935
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Pickles Holdings Co., Ltd.
(2935)
Select Model
Select Model
Rating:74Outperform
Price Target:
¥1,448.00
▲(9.28% Upside)
Action:UpgradedDate:11/13/25
The stock's overall score reflects strong technical indicators and attractive valuation, offset by challenges in financial performance. The company's stable equity position and positive market momentum contribute positively, while profitability and cash flow issues present risks.
Positive Factors
Strong Equity Position
A high equity ratio signals durable financial stability and a solid capital base. This strengthens Pickles' ability to absorb shocks, fund strategic investments, and support platform operations without immediate reliance on external financing, improving multi-quarter resilience.
Negative Factors
Falling Profitability Margins
Declining net and operating margins point to erosion in profitability from higher costs, pricing pressure, or mix shifts. Sustained margin deterioration would limit reinvestment, constrain returns to shareholders, and reduce buffer against demand slowdowns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Equity Position
A high equity ratio signals durable financial stability and a solid capital base. This strengthens Pickles' ability to absorb shocks, fund strategic investments, and support platform operations without immediate reliance on external financing, improving multi-quarter resilience.
Read all positive factors
Pickles Holdings Co., Ltd. (2935) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥14.87B
Dividend Yield2.16%
Average Volume (3M)32.72K
Price to Earnings (P/E)24.5
Beta (1Y)0.47
Revenue Growth1.28%
EPS Growth18.81%
CountryJP
Employees439
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)12.17
Shares Outstanding12,858,430
10 Day Avg. Volume31,670
30 Day Avg. Volume32,720
Financial Highlights & Ratios
PEG Ratio-0.69
Price to Book (P/B)0.64
Price to Sales (P/S)0.29
P/FCF Ratio-3.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)112.97
Revenue Forecast (FY)¥44.27B
Pickles Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Pickles Holdings Co.,Ltd., through its subsidiaries, manufactures and sells pickles in Japan. It offers light pickles, asazuke, rice kimchi, prepared foods, side dishes, and seasoning and other products, as well as products that utilize lactic aci...
How the Company Makes Money
Pickles Holdings generates revenue primarily through auction fees charged to sellers and buyers in its vehicle sales operations. The company earns a significant portion of its income from transaction commissions on the sale of vehicles, which vary...
Pickles Holdings Co., Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
75
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 42.15B | 41.52B | 43.03B | 41.05B | 45.01B | 46.02B |
| Gross Profit | 8.56B | 8.10B | 8.64B | 8.63B | 12.20B | 12.06B |
| EBITDA | 2.96B | 2.41B | 2.80B | 2.70B | 4.00B | 3.75B |
| Net Income | 1.26B | 958.00M | 1.18B | 1.14B | 2.13B | 1.83B |
Balance Sheet | ||||||
| Total Assets | 31.65B | 30.24B | 27.71B | 26.31B | 26.20B | 25.95B |
| Cash, Cash Equivalents and Short-Term Investments | 6.08B | 4.97B | 7.75B | 5.94B | 6.03B | 4.44B |
| Total Debt | 3.77B | 4.85B | 3.14B | 2.65B | 2.95B | 3.93B |
| Total Liabilities | 11.79B | 11.36B | 9.46B | 8.90B | 9.44B | 11.22B |
| Stockholders Equity | 19.84B | 18.86B | 18.24B | 17.40B | 16.76B | 14.73B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -3.86B | 1.77B | 783.00M | 2.80B | 1.64B |
| Operating Cash Flow | 0.00 | 831.00M | 2.72B | 1.67B | 3.52B | 3.05B |
| Investing Cash Flow | 0.00 | -4.69B | -950.00M | -882.00M | -712.00M | -1.31B |
| Financing Cash Flow | 0.00 | 1.08B | 45.00M | -876.00M | -1.21B | -607.00M |
Pickles Holdings Co., Ltd. Technical Analysis
Negative
1325.00
Price Trends
1237.83
Negative
1229.97
Negative
1120.53
Positive
Market Momentum
-20.47
Positive
40.75
Neutral
21.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2935, the sentiment is Negative. The current price of 1325 is above the 20-day moving average (MA) of 1202.15, above the 50-day MA of 1237.83, and above the 200-day MA of 1120.53, indicating a neutral trend. The MACD of -20.47 indicates Positive momentum. The RSI at 40.75 is Neutral, neither overbought nor oversold. The STOCH value of 21.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2935.
Pickles Holdings Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥15.64B | 12.33 | ― | 1.43% | 10.77% | 131.68% | |
74 Outperform | ¥14.87B | 24.48 | ― | 2.16% | 1.28% | 18.81% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | ¥23.97B | 3.15 | ― | 1.87% | 3.06% | -53.49% | |
48 Neutral | ¥13.92B | 4.68 | ― | 1.61% | 0.48% | -34.95% | |
47 Neutral | ¥16.39B | 12.11 | ― | 2.11% | 3.00% | 73.02% | |
46 Neutral | ¥37.57B | 21.75 | ― | 1.65% | -1.17% | -84.81% |
* Consumer Defensive Sector Average
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Pickles Holdings Co., Ltd. Corporate Events
Pickles Holdings Lifts Profit and Dividend Outlook on Stable Sales and Stronger Equity Base
Dec 29, 2025
For the nine months ended November 30, 2025, Pickles Holdings posted virtually flat net sales of ¥31.8 billion but achieved a sharp improvement in profitability, with operating profit up 39.0% to ¥1.82 billion and profit attributable to ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.