Treasure Factory Co., Ltd. (3093) AI Stock Analysis

• Market Cap: ¥42.17B
• Dividend Yield: 2.19%
• Average Volume (3M): 224.71K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 0.58
• Revenue Growth: 17.90%
• EPS Growth: 14.14%
• Country: JP
• Employees: 1,125
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 34.72
• Shares Outstanding: 24,347,800
• 10 Day Avg. Volume: 364,910
• 30 Day Avg. Volume: 224,706
• PEG Ratio: 0.66
• Price to Book (P/B): 3.55
• Price to Sales (P/S): 0.88
• P/FCF Ratio: 24.72
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ¥1,946.00 ▲(16.32% Upside)

Treasure Factory Co., Ltd. shows strong financial performance with robust revenue growth and profitability, which is a key strength. However, the technical analysis indicates bearish momentum, which negatively impacts the short-term outlook. The valuation is reasonable, offering a balanced risk-reward profile. The absence of recent earnings call insights or notable corporate events limits further assessment.

Positive Factors

Revenue Growth

The significant revenue growth indicates successful market expansion and resilience in the specialty retail sector, supporting long-term business sustainability.

Profitability Improvements

Improved profitability margins suggest effective cost management and pricing strategies, contributing to the company's financial health and competitive positioning.

Cash Flow Generation

Strong free cash flow generation enhances the company's ability to invest in growth opportunities and maintain financial flexibility, supporting long-term stability.

Negative Factors

Moderate Operational Efficiency

Moderate operational efficiency indicates potential for improvement in cost control and resource utilization, which could impact profitability if not addressed.

Debt Monitoring

While leverage is currently manageable, careful monitoring is crucial to prevent potential financial strain and maintain balance sheet strength.

Cash Flow Consistency

Inconsistent cash flow management could hinder the company's ability to fund operations and growth initiatives, affecting long-term financial stability.

Treasure Factory Co., Ltd. Business Overview & Revenue Model

Company Description

Treasure Factory Co.,LTD. operates reuse stores in Japan. It also purchases and sells reuse items through online; and operates Cariru for renting brand-name bags and accessories, as well as provides treasure factory moving services. As of February 29, 2022, it had approximately 220 stores. The company was incorporated in 1995 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Treasure Factory Co., Ltd. generates revenue primarily through the sale of second-hand merchandise. The company acquires inventory by purchasing used items from individuals and businesses, which are then resold at its retail locations and via its e-commerce site. Treasure Factory's revenue streams include direct sales from its physical stores and online sales, which are bolstered by the company's strategic pricing and wide product range. Additionally, the company may engage in partnerships or collaborations with other businesses to enhance its product offerings and expand its market reach. Factors contributing to its earnings include its focus on sustainability, growing consumer interest in second-hand shopping, and the convenience of its online shopping platform.

Treasure Factory Co., Ltd. Financial Statement Overview

Summary

Treasure Factory Co., Ltd. exhibits strong financial health with robust revenue growth and profitability improvements. The company's balance sheet reflects stable leverage and effective asset management, while cash flow generation has significantly improved. Continued focus on operational efficiencies and cash flow consistency will further enhance financial performance.

Income Statement

Treasure Factory Co., Ltd. has demonstrated strong revenue growth with a 22.5% increase from 2024 to 2025, showing resilience and market expansion in the specialty retail sector. The gross profit margin for 2025 stands at 59%, indicating effective cost management and a solid pricing strategy. The net profit margin improved to 6.42%, reflecting enhanced profitability. However, the EBIT and EBITDA margins are relatively moderate at 9.56% and 11.27% respectively, suggesting room for operational efficiency improvements.

Balance Sheet

The company maintains a stable financial structure with a debt-to-equity ratio of 0.54, indicating manageable leverage levels. The return on equity (ROE) improved to 26%, highlighting effective use of equity capital to generate profits. The equity ratio is favorable at 50%, showcasing a balanced asset financing strategy. Despite these strengths, the company should monitor debt levels to ensure sustained financial health.

Cash Flow

Treasure Factory Co., Ltd. generated substantial free cash flow in 2025, with a noticeable improvement in free cash flow growth, reflecting stronger cash generation capabilities. The operating cash flow to net income ratio is 1.04, indicating efficient conversion of profits into cash. However, fluctuations in previous years' cash flow metrics suggest a need for consistent cash flow management to support long-term growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	43.73B	42.21B	34.45B	28.21B	23.31B	18.74B
Gross Profit	25.80B	24.93B	20.87B	17.40B	14.23B	11.37B
EBITDA	4.85B	4.76B	3.89B	2.90B	1.21B	347.87M
Net Income	2.78B	2.71B	2.24B	1.71B	703.47M	-134.97M
Balance Sheet
Total Assets	21.77B	20.83B	17.73B	14.66B	11.81B	10.42B
Cash, Cash Equivalents and Short-Term Investments	2.80B	3.01B	2.62B	3.07B	2.36B	1.99B
Total Debt	6.42B	5.62B	5.39B	4.23B	4.34B	3.79B
Total Liabilities	10.68B	10.33B	9.20B	7.84B	6.91B	6.11B
Stockholders Equity	10.98B	10.42B	8.48B	6.80B	4.88B	4.28B
Cash Flow
Free Cash Flow	0.00	1.50B	-31.00M	980.61M	273.22M	181.96M
Operating Cash Flow	0.00	2.82B	1.00B	1.76B	870.49M	482.42M
Investing Cash Flow	0.00	-1.88B	-1.91B	-1.12B	-732.24M	-586.27M
Financing Cash Flow	0.00	-539.00M	431.00M	56.00M	274.83M	422.44M

Treasure Factory Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1673.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3093, the sentiment is Positive. The current price of 1673 is below the 20-day moving average (MA) of 1681.40, above the 50-day MA of 1661.22, and below the 200-day MA of 1798.70, indicating a neutral trend. The MACD of 18.76 indicates Negative momentum. The RSI at 66.12 is Neutral, neither overbought nor oversold. The STOCH value of 77.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3093.

Treasure Factory Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3964	81 Outperform	¥102.81B	18.14	―	2.24%	22.22%	26.29%
2674	74 Outperform	¥28.16B	12.71	―	3.77%	7.88%	-5.92%
2681	69 Neutral	¥75.27B	15.22	―	1.81%	6.48%	-38.41%
3093	65 Neutral	¥42.17B	14.72	―	2.19%	17.90%	14.14%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
9270	56 Neutral	¥17.97B	9.05	―	0.95%	4.14%	―

Treasure Factory Co., Ltd. Corporate Events

Treasure Factory Reports Strong November Sales and Expands Store Network

Treasure Factory Co., Ltd. reported a strong performance in November 2025, with net sales increasing by 115.2% year-on-year for all stores and 105.7% for existing stores. This marks the 51st consecutive month of growth in existing store sales, driven by increased demand for winter clothing and continued growth in fashion accessories, hobby goods, and sports and outdoor products. The company also expanded its footprint with the opening of four new stores in November, indicating a strategic push to strengthen its market presence.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Reports Strong October Sales and Strategic Store Expansion

In October 2025, Treasure Factory Co., Ltd. reported a significant increase in net sales, with all stores achieving 115.9% and existing stores 106.6% compared to the previous year. This growth was driven by strong sales of autumn and winter clothing, increased demand for fashion goods, and continued interest in hobby and outdoor products. The company also opened three new stores while closing one, indicating a strategic expansion and consolidation of its retail presence.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Co., Ltd. Reports Strong Sales Growth and Expands Internationally

Treasure Factory Co., Ltd. reported a 104.3% year-on-year increase in existing-store sales for the six months ended August 31, 2025, driven by a commemorative campaign and steady sales in September. Despite a decline in profit margins due to low-margin merchandise and increased SG&A expenses from new store openings, the company plans to continue its expansion strategy with a focus on quality over quantity. The company is also advancing its international expansion, with plans to open a third store in Taiwan and develop stores in the U.S., leveraging its strengths in data analysis and customer service to meet regional needs.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Reports Strong Half-Year Financial Performance

Treasure Factory Co., Ltd. reported a positive financial performance for the six months ending August 31, 2025, with a 14.5% increase in net sales compared to the previous year. The company also saw growth in operating and ordinary profits, reflecting a strong market position and effective business strategies. The announcement indicates a stable financial position with an increase in net assets and a slight improvement in the equity capital ratio, suggesting positive implications for stakeholders and continued confidence in the company’s operations.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Co., Ltd. Expands Amidst Sales Growth and Strategic International Expansion

Treasure Factory Co., Ltd. reported a year-on-year increase in sales at existing stores, driven by a successful anniversary campaign, though unit sale prices slightly declined due to promotions on low-priced merchandise. The company is focusing on strategic store openings, with 31 new stores planned for the fiscal year and further expansion into international markets like Taiwan and the U.S. Despite some store closures due to landlord issues, the company expects the impact to be mitigated by new store openings. The company is leveraging its strengths in data analysis and customer service to expand its footprint in the global reuse market.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Acquires Unmanned Dress Rental Service to Boost Business Expansion

Treasure Factory Co., Ltd. has announced its decision to acquire ‘Empty Dressy,’ an unmanned store-based dress rental service, as part of its strategy to expand its business through mergers and acquisitions. This acquisition is expected to enhance Treasure Factory’s rental business and build expertise in unmanned store models, aligning with its medium-term profit and loss targets.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Co., Ltd. Announces Increased Interim Dividend

Treasure Factory Co., Ltd. announced an increase in its interim dividend to ¥19 per share, up from ¥18 in the previous fiscal year, reflecting its strong performance in the first half of the fiscal year ending February 28, 2026. This decision aligns with the company’s policy of balancing shareholder returns with financial stability, demonstrating confidence in its ongoing business strategy.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Reports Record Growth and Expansion

Treasure Factory Co., Ltd. reported strong financial performance for the six months ending August 31, 2025, with existing stores achieving a 104.3% year-over-year growth rate. The company achieved record-high net sales of 22.4 billion yen and operating profit of 1.9 billion yen, driven by successful anniversary programs and strategic store openings, indicating robust operational momentum and positive market positioning.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Co., Ltd. Reports Strong Financial Growth in First Half of 2025

Treasure Factory Co., Ltd. reported a 14.5% increase in net sales for the six months ending August 31, 2025, compared to the same period in the previous year. The company also saw a rise in operating profit and ordinary profit by 10.0% and 11.5%, respectively. This growth reflects the company’s strengthening position in the second-hand goods market, with an increase in comprehensive income and a stable equity-to-asset ratio. The company has announced a forecasted increase in dividends per share, indicating confidence in continued financial growth.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.

Treasure Factory Reports Strong September Sales and Expands Retail Presence

In September 2025, Treasure Factory Co., Ltd. reported a significant increase in net sales, with all stores achieving 114.5% and existing stores 105.7% compared to the previous year. This growth was driven by increased sales of fall apparel due to cooler temperatures, a rise in inbound sales of fashion goods, and continued demand for hobby, sporting, and outdoor goods. The company also expanded its retail footprint with the opening of a new fashion store in Katsushika Kanamachi.

The most recent analyst rating on (JP:3093) stock is a Hold with a Yen1946.00 price target. To see the full list of analyst forecasts on Treasure Factory Co., Ltd. stock, see the JP:3093 Stock Forecast page.