JINS HOLDINGS (3046) AI Stock Analysis

• Market Cap: $195.82B
• Dividend Yield: 1.48%
• Average Volume (3M): 149.27K
• Price to Earnings (P/E): 28.4
• Beta (1Y): 0.46
• Revenue Growth: 17.06%
• EPS Growth: 171.01%
• Country: JP
• Employees: 3,485
• Sector: Healthcare
• Sector Strength: 58
• Industry: Medical - Instruments & Supplies
• EPS (TTM): 105.73
• Shares Outstanding: 23,980,000
• 10 Day Avg. Volume: 191,800
• 30 Day Avg. Volume: 149,270
• PEG Ratio: 0.34
• Price to Book (P/B): 3.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 32.64
• 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: $6,866.54
• Price Target Upside: -18.16% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥9,262.00 ▲(10.39%Upside)

JINS HOLDINGS achieves a strong overall stock score, driven primarily by its robust financial performance and cash flow generation. While technical analysis shows a short-term bearish trend, the stock's valuation suggests it may be overvalued, which tempers the overall score.

JINS HOLDINGS Business Overview & Revenue Model

Company Description

JINS HOLDINGS (3046) is a Japanese company primarily engaged in the eyewear business. It operates through its subsidiary JINS Inc., which designs, manufactures, and sells eyewear products, including prescription glasses, sunglasses, and contact lenses. The company is known for its innovative approaches to eyewear, incorporating fashion and functionality, and aims to provide high-quality eyewear at affordable prices. JINS has established a strong retail presence in Japan and has expanded its operations internationally, particularly in Asia and the United States.

How the Company Makes Money

JINS HOLDINGS makes money primarily through the sale of its eyewear products. The company's revenue model is based on direct sales to consumers via its extensive network of retail stores and online platforms. JINS operates a vertically integrated business model, managing the entire process from design and manufacturing to retail. This integration allows the company to maintain quality control, reduce costs, and offer competitive pricing. Key revenue streams include sales of prescription glasses, which constitute the majority of its revenue, followed by sunglasses and contact lenses. The company also generates income through collaborations with designers and brands, enhancing its product offerings and market appeal. Additionally, JINS invests in technology and innovation, such as the development of smart eyewear, to diversify its product lines and stay competitive in the market. Strategic partnerships and expansion into new geographical regions also contribute to its revenue growth.

JINS HOLDINGS Financial Statement Overview

Summary

JINS HOLDINGS shows strong financial performance with significant revenue growth, improved profitability, and robust cash flow generation. The balance sheet demonstrates a solid capital structure with reduced leverage, though careful management of debt levels is advised.

Income Statement

JINS HOLDINGS has demonstrated strong revenue growth with a 13.2% increase from 2023 to 2024. The gross profit margin remains robust at 74.1%, and the net profit margin improved significantly from 2.4% in 2023 to 5.6% in 2024, indicating enhanced profitability. The EBIT margin improved to 9.4%, reflecting better operational efficiency. However, the EBITDA margin of 12.4% suggests room for improvement in cash flow management.

Balance Sheet

The company's balance sheet shows a favorable equity ratio of 47.4% for 2024, indicating a strong capital structure. The debt-to-equity ratio decreased to 0.48, showing reduced leverage and a more conservative financial approach. Return on equity improved to 18.2%, signifying efficient use of shareholder funds. Nonetheless, total debt remains substantial, which could pose risks if not managed carefully.

Cash Flow

JINS HOLDINGS exhibited impressive free cash flow growth of 270% from 2023 to 2024, demonstrating strong cash generation capabilities. The operating cash flow to net income ratio is 2.35, underscoring excellent cash flow relative to earnings. Similarly, the free cash flow to net income ratio of 1.95 reflects strong cash conversion. The company has managed capital expenditures effectively, contributing to a robust cash position.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
85.89B	83.00B	73.26B	66.90B	63.90B	60.26B
	Gross Profit
64.49B	64.44B	56.26B	52.13B	50.41B	46.70B
	EBIT
8.75B	7.84B	4.85B	3.31B	5.05B	5.62B
	EBITDA
9.24B	10.26B	7.76B	6.27B	7.75B	6.81B
	Net Income Common Stockholders
5.41B	4.67B	1.76B	750.00M	3.29B	1.69B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.38B	18.67B	12.20B	21.43B	23.21B	24.67B
	Total Assets
52.53B	54.05B	44.86B	54.72B	53.00B	53.39B
	Total Debt
11.69B	12.37B	12.51B	22.82B	23.35B	24.52B
	Net Debt
-3.69B	-6.30B	312.00M	1.39B	144.00M	-151.00M
	Total Liabilities
26.84B	28.45B	23.08B	34.31B	32.78B	35.62B
	Stockholders Equity
25.69B	25.59B	21.78B	20.41B	20.22B	17.76B
Cash Flow		Free Cash Flow
0.00	9.10B	2.46B	1.18B	3.13B	5.16B
	Operating Cash Flow
0.00	10.99B	6.05B	4.39B	5.06B	7.75B
	Investing Cash Flow
0.00	-2.38B	-3.85B	-3.85B	-3.17B	-3.88B
	Financing Cash Flow
0.00	-2.33B	-11.50B	-2.77B	-3.76B	12.44B

JINS HOLDINGS Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8390.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3046, the sentiment is Neutral. The current price of 8390 is below the 20-day moving average (MA) of 8589.00, above the 50-day MA of 8388.20, and above the 200-day MA of 6721.61, indicating a neutral trend. The MACD of -0.75 indicates Positive momentum. The RSI at 45.68 is Neutral, neither overbought nor oversold. The STOCH value of 35.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3046.

JINS HOLDINGS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3046	74 Outperform	$195.82B	28.38	26.63%	1.48%	17.06%	171.01%
7730	70 Outperform	¥115.66B	19.16		2.73%	11.54%	-8.30%
5889	69 Neutral	¥52.11B	12.86		2.04%	17.45%	43.39%
7743	64 Neutral	¥13.50B	12.36		3.36%	2.58%	-53.08%
7979	61 Neutral	¥72.37B	16.69		3.06%	15.55%	42.14%
7780	61 Neutral	€76.59B	13.60	6.62%	2.96%	4.56%	24.11%
Sector *	54 Neutral	$5.37B	3.26	-45.10%	3.30%	16.81%	0.02%

JINS HOLDINGS Corporate Events

JINS HOLDINGS Sees Strong Sales Growth in May 2025

In May 2025, JINS HOLDINGS reported a 20.2% year-over-year increase in total sales across its eyewear stores in Japan, with existing stores seeing a 15.7% rise. The company expanded its store count to 530, opening four new locations, and attributed sales growth to enhanced customer appeal and high-value-added products. This growth reflects JINS HOLDINGS’ strategic efforts to capture market opportunities and strengthen its industry position.

The most recent analyst rating on (JP:3046) stock is a Hold with a Yen6960.00 price target. To see the full list of analyst forecasts on JINS HOLDINGS stock, see the JP:3046 Stock Forecast page.

JINS HOLDINGS Expands with New Subsidiary in the Philippines

JINS HOLDINGS Inc. has announced the establishment of a new subsidiary in the Philippines to accelerate its local business expansion. The subsidiary, JINS Philippines, Inc., will take over the management and employees of existing stores operated under a franchise agreement with Suyen Corporation, aiming to deepen involvement in store management and enhance growth in the region.

The most recent analyst rating on (JP:3046) stock is a Hold with a Yen6960.00 price target. To see the full list of analyst forecasts on JINS HOLDINGS stock, see the JP:3046 Stock Forecast page.

JINS HOLDINGS Reports Strong April Sales Growth

In April 2025, JINS HOLDINGS reported a significant year-over-year increase in sales, with a 22.9% rise across all stores and a 19.1% increase at existing stores in Japan. This growth was driven by successful promotional campaigns, increased demand for high-priced and seasonal products like UV protection, and the expansion of their store network, which saw a net increase of 11 new stores, enhancing the company’s market presence.

JINS HOLDINGS Reports Robust Financial Growth in Interim Period

JINS HOLDINGS Inc. reported a significant increase in its financial performance for the six months ended February 28, 2025, with net sales rising by 17.9% and operating profit more than doubling compared to the previous period. The company’s strong financial results highlight its improved market positioning and operational efficiency, which may positively impact stakeholders and enhance its competitive edge in the eyewear industry.

JINS HOLDINGS Surpasses Forecasts and Revises Full-Year Outlook Upward

JINS HOLDINGS Inc. reported a notable increase in its financial performance for the six months ending February 28, 2025, surpassing initial forecasts. This improvement was driven by strong domestic sales, particularly in high-unit-price eyewear, and successful international expansion efforts, particularly in China and Taiwan. As a result, the company has revised its full-year financial forecast upward, indicating a positive outlook for the fiscal year ending August 31, 2025.

JINS HOLDINGS Expands into Mongolia with New Franchise Agreement

JINS HOLDINGS Inc. has announced a franchise agreement with UBP LLC, part of Mongolia’s largest conglomerate, Tavan Bogd Group, to expand its eyewear brand in Mongolia. This strategic move aims to capitalize on Mongolia’s economic growth and Tavan Bogd Group’s extensive network, although the financial impact on JINS HOLDINGS for the fiscal year ending August 31, 2025, is expected to be minimal.

JINS HOLDINGS Announces Increased Interim Dividend for FY 2025

JINS HOLDINGS Inc. has announced an interim dividend of ¥50 per share for the fiscal year ending August 31, 2025, marking a significant increase from the previous forecast of ¥23 per share. This decision reflects the company’s commitment to increasing shareholder value and maintaining a consolidated dividend payout ratio of 30%, while ensuring sufficient retained earnings for future business growth.

JINS HOLDINGS Reports Strong March Sales and Store Expansion

In March 2025, JINS HOLDINGS reported a significant year-over-year increase in sales, with a 21.7% rise in total sales across all eyewear stores in Japan and an 18.5% increase at existing stores. This growth was driven by successful promotional campaigns and the introduction of new products, leading to strong sales of high-priced lenses and frames. The company also expanded its retail footprint by opening six new stores, bringing the total number of stores in Japan to 515.