Okamura Foods Co. Ltd. (JP:2938)
:2938
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Okamura Foods Co. Ltd.
(2938)
Select Model
Select Model
Rating:63Neutral
Price Target:
¥1,443.00
▲(38.22% Upside)
Action:ReiteratedDate:10/29/25
The overall stock score is primarily influenced by strong financial performance, despite cash flow volatility. Technical analysis indicates neutral momentum, and valuation metrics suggest the stock is relatively expensive with limited dividend yield.
Positive Factors
Revenue Growth
A 56.6% revenue increase signals durable demand and effective expansion across products, channels and exports. Sustained top-line growth creates scale economics, funds R&D and capacity investments, and strengthens negotiating leverage with retailers and food-service partners over months.
Negative Factors
Cash Flow Volatility
Positive free cash flow is encouraging, but historical volatility undermines predictability for reinvestment, dividends and working-capital needs. Inconsistent cash generation increases reliance on external funding for capex or inventory and can constrain strategic execution over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 56.6% revenue increase signals durable demand and effective expansion across products, channels and exports. Sustained top-line growth creates scale economics, funds R&D and capacity investments, and strengthens negotiating leverage with retailers and food-service partners over months.
Read all positive factors
Okamura Foods Co. Ltd. (2938) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥58.89B
Dividend Yield0.34%
Average Volume (3M)77.80K
Price to Earnings (P/E)22.5
Beta (1Y)0.67
Revenue Growth4.70%
EPS Growth-2.58%
CountryJP
Employees852
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)N/A
Shares Outstanding50,243,840
10 Day Avg. Volume106,360
30 Day Avg. Volume77,803
Financial Highlights & Ratios
PEG Ratio-0.80
Price to Book (P/B)6.73
Price to Sales (P/S)3.06
P/FCF Ratio68.98
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)N/A
Revenue Forecast (FY)N/A
Okamura Foods Co. Ltd. Business Overview & Revenue Model
Company Description
Okamura Foods Co., Ltd. farms, produces, and sells salmon trout in Japan and internationally. The company also processes and sells as salmon roe, sujiko, herring roe, raw salmon sushi toppings, baked grilled fish, and boiled fish. In addition, it ...
How the Company Makes Money
Okamura Foods generates revenue through multiple channels, primarily by selling its processed food products to both retail and wholesale markets. Key revenue streams include direct sales to supermarkets, convenience stores, and food service provid...
Okamura Foods Co. Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | Jun 2024 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 35.34B | 32.66B | 28.94B | 24.10B | 20.21B |
| Gross Profit | 7.39B | 6.46B | 6.95B | 5.92B | 4.11B |
| EBITDA | 4.47B | 4.33B | 4.46B | 4.04B | 2.21B |
| Net Income | 2.02B | 1.97B | 2.39B | 2.25B | 992.00M |
Balance Sheet | |||||
| Total Assets | 41.27B | 39.17B | 30.11B | 24.33B | 17.39B |
| Cash, Cash Equivalents and Short-Term Investments | 4.42B | 4.83B | 2.06B | 1.96B | 1.94B |
| Total Debt | 17.29B | 18.89B | 15.00B | 11.57B | 9.02B |
| Total Liabilities | 25.23B | 25.02B | 20.14B | 16.88B | 12.12B |
| Stockholders Equity | 16.04B | 14.15B | 9.97B | 7.45B | 5.26B |
Cash Flow | |||||
| Free Cash Flow | 1.57B | -2.06B | -3.27B | -2.54B | 2.12B |
| Operating Cash Flow | 3.54B | 277.00M | -1.14B | -863.00M | 3.61B |
| Investing Cash Flow | -1.99B | -2.34B | -2.13B | -1.63B | -1.20B |
| Financing Cash Flow | -1.93B | 4.73B | 3.30B | 2.46B | -2.69B |
Okamura Foods Co. Ltd. Technical Analysis
Positive
1044.00
Price Trends
1177.98
Negative
1137.14
Positive
1167.74
Positive
Market Momentum
-10.65
Positive
49.02
Neutral
39.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2938, the sentiment is Positive. The current price of 1044 is below the 20-day moving average (MA) of 1181.75, below the 50-day MA of 1177.98, and below the 200-day MA of 1167.74, indicating a neutral trend. The MACD of -10.65 indicates Positive momentum. The RSI at 49.02 is Neutral, neither overbought nor oversold. The STOCH value of 39.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2938.
Okamura Foods Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥61.58B | 4.62 | ― | 2.44% | 5.74% | 76.28% | |
76 Outperform | ¥226.34B | 9.63 | 7.56% | 2.84% | 2.63% | -7.81% | |
71 Outperform | ¥107.70B | 7.71 | ― | 3.80% | -2.01% | -29.88% | |
69 Neutral | ¥67.29B | 13.32 | ― | 3.98% | 1.21% | -14.59% | |
63 Neutral | ¥58.89B | 22.47 | ― | 0.34% | 4.70% | -2.58% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
53 Neutral | ¥96.27B | 7.70 | ― | 3.59% | 4.55% | 79.33% |
* Consumer Defensive Sector Average
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Okamura Foods Co. Ltd. Corporate Events
Okamura Foods Outlines FY2026 Q2 Results and 2030 Management Targets
Feb 13, 2026
Okamura Foods Co., Ltd. released supplementary materials on its financial results for the six months ended December 31, 2025, outlining performance for the second quarter of fiscal 2026. The document also presents progress toward the company’...
Okamura Foods Delivers Strong First-Half Earnings and Maintains Bullish Full-Year Outlook
Feb 13, 2026
Okamura Foods reported solid interim results for the six months ended December 31, 2025, with net sales up 9.9% year on year to ¥18.78 billion and profit attributable to owners of parent rising 29.6% to ¥1.45 billion, reflecting margin i...
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.