Rasa Corporation (JP:3023)
:3023
Top Page
Rasa Corporation
(3023)
Select Model
Select Model
Rating:65Neutral
Price Target:
¥2,043.00
▲(12.19% Upside)
Action:DowngradedDate:03/24/26
The score is driven primarily by a solid financial foundation (improving margins and a strengthening, low-leverage balance sheet) and strong valuation support (low P/E and ~3.9% yield). These positives are offset by weak technical momentum and fundamental headwinds from a multi-year revenue decline and inconsistent cash-flow performance.
Positive Factors
Improving margins
Sustained gross- and net-margin expansion to ~26% and ~7.8% respectively improves earnings quality and resilience. Higher margins help absorb volume shocks, support cash generation and reinvestment capacity, and strengthen durability of profits over the next 2–6 months.
Negative Factors
Multi-year revenue decline
Three consecutive years of top-line contraction, with a sharp ~-14% drop in 2025, signal weakening demand or loss of market share. Persistent revenue decline undermines growth runway, limits operating leverage benefits, and threatens long-term earnings sustainability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving margins
Sustained gross- and net-margin expansion to ~26% and ~7.8% respectively improves earnings quality and resilience. Higher margins help absorb volume shocks, support cash generation and reinvestment capacity, and strengthen durability of profits over the next 2–6 months.
Read all positive factors
Rasa Corporation (3023) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥19.98B
Dividend Yield4.04%
Average Volume (3M)19.42K
Price to Earnings (P/E)6.6
Beta (1Y)1.01
Revenue Growth2.89%
EPS Growth16.08%
CountryJP
Employees253
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)68.91
Shares Outstanding11,383,838
10 Day Avg. Volume18,470
30 Day Avg. Volume19,420
Financial Highlights & Ratios
PEG Ratio1.12
Price to Book (P/B)0.74
Price to Sales (P/S)0.61
P/FCF Ratio5.80
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
Rasa Corporation Business Overview & Revenue Model
Company Description
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, ilmeni...
How the Company Makes Money
null...
Rasa Corporation Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.72B | 26.57B | 27.92B | 29.66B | 31.33B | 26.73B |
| Gross Profit | 6.95B | 6.85B | 6.62B | 7.01B | 6.52B | 6.04B |
| EBITDA | 3.00B | 3.17B | 3.09B | 3.25B | 3.15B | 2.44B |
| Net Income | 2.07B | 2.08B | 2.00B | 2.11B | 2.01B | 1.54B |
Balance Sheet | ||||||
| Total Assets | 30.99B | 33.26B | 32.57B | 31.92B | 31.39B | 31.45B |
| Cash, Cash Equivalents and Short-Term Investments | 4.07B | 5.73B | 4.65B | 5.53B | 4.45B | 4.68B |
| Total Debt | 4.41B | 4.04B | 4.24B | 5.03B | 5.07B | 5.69B |
| Total Liabilities | 9.25B | 11.39B | 11.11B | 11.82B | 12.23B | 13.79B |
| Stockholders Equity | 21.73B | 21.86B | 21.45B | 20.10B | 19.16B | 17.67B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.80B | 660.00M | 2.50B | 821.00M | 694.00M |
| Operating Cash Flow | 0.00 | 2.84B | 717.00M | 2.54B | 886.00M | 887.00M |
| Investing Cash Flow | 0.00 | 140.00M | 25.00M | -206.00M | -5.00M | -415.00M |
| Financing Cash Flow | 0.00 | -1.90B | -1.63B | -1.25B | -1.11B | -73.00M |
Rasa Corporation Technical Analysis
Negative
1821.00
Price Trends
2157.90
Negative
1969.87
Positive
1768.51
Positive
Market Momentum
-57.38
Positive
42.85
Neutral
49.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3023, the sentiment is Negative. The current price of 1821 is below the 20-day moving average (MA) of 2041.60, below the 50-day MA of 2157.90, and above the 200-day MA of 1768.51, indicating a neutral trend. The MACD of -57.38 indicates Positive momentum. The RSI at 42.85 is Neutral, neither overbought nor oversold. The STOCH value of 49.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3023.
Rasa Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥182.56B | 17.88 | 5.78% | 1.49% | 0.82% | -1.72% | |
71 Outperform | ¥101.56B | 19.55 | ― | 1.38% | -3.56% | -30.17% | |
68 Neutral | ¥85.23B | 7.97 | ― | 2.98% | 8.89% | 102.20% | |
65 Neutral | ¥19.98B | 6.57 | ― | 4.04% | 2.89% | 16.08% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | ¥49.44B | 5.53 | ― | 9.18% | -35.81% | -138.00% | |
46 Neutral | ¥16.47B | 1.14 | -111.61% | ― | -11.92% | 61.16% |
* Basic Materials Sector Average
JP:3023
Rasa Corporation
1,978.00
485.35
32.52%
JP:5707
Toho Zinc Co
1,213.00
572.00
89.24%
JP:5727
Toho Titanium Company
2,565.00
1,381.30
116.69%
JP:3036
ALCONIX Corporation
2,822.00
1,275.38
82.46%
JP:5541
Pacific Metals Co., Ltd.
2,843.00
1,124.48
65.43%
JP:5726
OSAKA Titanium Technologies Co., Ltd.
2,760.00
692.46
33.49%
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.