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Rasa Corporation (JP:3023)
:3023
Japanese Market
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Rasa Corporation (3023) Price & Analysis

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3023 Stock Chart & Stats

¥1821.00
-¥17.00(-1.20%)
At close: 4:00 PM EST
¥1821.00
-¥17.00(-1.20%)

Bulls Say, Bears Say

Bulls Say
Margin ImprovementSustained expansion in gross and net margins reflects durable improvements in pricing, cost control and product mix. Higher margins have driven rising net income and stable ROE (~9–10%), providing structural earnings resilience even if volumes fluctuate over a multi-quarter horizon.
Stronger Balance SheetMeaningful deleveraging and rising equity create long-term financial flexibility. Lower leverage reduces refinancing and covenant risk, supports steady dividends and selective capex, and gives the company resilience in cyclical industrial materials markets over the next several quarters.
High Cash-Earnings ConversionA historically strong conversion of earnings into free cash flow indicates underlying earnings quality. When sustained, this supports ongoing shareholder returns and self-funded investment, making operations less reliant on external financing through typical 2–6 month cycles.
Bears Say
Volatile Operating Cash FlowMaterial swings in operating cash flow signal working-capital and timing pressures that can constrain reinvestment and dividend coverage. The recent step-down reduced OCF coverage of debt to ~31% in 2026, limiting flexibility and raising execution risk during downturns.
Inconsistent Revenue TrendMulti-year revenue declines followed by a single-year recovery point to cyclical or uneven end-market demand. Persistent top-line inconsistency makes forecasting capital allocation harder and means margin gains must continue to carry earnings growth rather than sustainable volume expansion.
Flat Asset BaseA roughly flat asset base suggests limited capacity expansion and reliance on efficiency and mix to drive growth. In a capital-intensive industrial materials sector this can cap market-share gains and require ongoing margin improvement to sustain earnings growth over months.

3023 FAQ

What was Rasa Corporation’s price range in the past 12 months?
Rasa Corporation lowest stock price was ¥1413.00 and its highest was ¥2502.00 in the past 12 months.
    What is Rasa Corporation’s market cap?
    Rasa Corporation’s market cap is ¥17.13B.
      When is Rasa Corporation’s upcoming earnings report date?
      Rasa Corporation’s upcoming earnings report date is Aug 07, 2026 which is in 78 days.
        How were Rasa Corporation’s earnings last quarter?
        Rasa Corporation released its earnings results on May 14, 2026. The company reported ¥84.92 earnings per share for the quarter, beating the consensus estimate of N/A by ¥84.92.
          Is Rasa Corporation overvalued?
          According to Wall Street analysts Rasa Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Rasa Corporation pay dividends?
            Rasa Corporation pays a Semiannually dividend of ¥36 which represents an annual dividend yield of 4.04%. See more information on Rasa Corporation dividends here
              What is Rasa Corporation’s EPS estimate?
              Rasa Corporation’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Rasa Corporation have?
              Rasa Corporation has 11,383,838 shares outstanding.
                What happened to Rasa Corporation’s price movement after its last earnings report?
                Rasa Corporation reported an EPS of ¥84.92 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.174%.
                  Which hedge fund is a major shareholder of Rasa Corporation?
                  Currently, no hedge funds are holding shares in JP:3023
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Rasa Corporation

                    Rasa Corporation, a trading company, engages in supplying resources, metallic materials, industrial machinery, construction equipment, and other products in Japan. The company imports mineral sand products, such as zircon sand, rutile sand, ilmenite, etc.; and industrial materials, including phosphoric acid, anhydrous phosphoric acid, phosphorous acid, second phosphorus finished goods, malp, aluminum hydroxide, polychlorinated aluminum, aluminum sulfate, metallic manganese, metallic silicon and nickel, talc, China clay, silica, boron carbide, electrolytic manganese, etc. It also imports refractory raw materials comprising stabilized zirconia, fused zirconia mullite, zirconium oxychloride, silica sand, black lead like natural scale, spherical graphite, silicon carbide, brown and white alumina, TEL magnesia and spin flannel, melted silica, silica flower, temporary scorch alumina, brick crushing, boron carbide, sillimanite, etc. In addition, the company supplies industrial machineries, including pumps, valves, mixers, crushers, strainers, cyclones, pressure washers, etc.; and construction equipment, such as pipe jacking machines, hand held gas powered breakers, pipe cutting machines, concrete pumps/mixers, mini crawler cranes, etc. Further, it supplies environmental equipment comprising RASA slag granulation systems and PARA-ECO-recycling systems. Additionally, the company is involved in the supply of plastic resins and chemical products; manufacture of various plastic compounds and masterbatches, including PVC compounds; plant engineering and construction activities; and corporate real estate business. It also exports its products to China, Korea, Taiwan, and Australia. Rasa Corporation was founded in 1939 and is headquartered in Tokyo, Japan.

                    Rasa Corporation (3023) Earnings & Revenues

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