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Kurotani Corporation (JP:3168)
:3168
Japanese Market
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Kurotani Corporation (3168) AI Stock Analysis

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JP:3168

Kurotani Corporation

(3168)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
¥1,622.00
▲(30.81% Upside)
Action:Reiterated
Date:07/15/26
The score is held back primarily by weakening profitability (recent net loss and structurally thin margins) and elevated leverage, partially offset by a strong rebound in 2025 operating/free cash flow. Technicals are mixed with improving short/long-term positioning but weaker medium-term trend and negative MACD. Valuation is a notable positive due to the low P/E and modest dividend yield.
Positive Factors
Cash generation recovery
A clear rebound to positive operating (~¥2.3B) and free cash flow (~¥1.6B) in 2025 improves the company's ability to fund working capital, service debt, and support investment or payouts without external financing. Durable cash generation reduces refinancing risk and underpins operational stability over the medium term.
Negative Factors
Elevated leverage
Debt consistently exceeding equity (D/E ~1.3–1.5) materially constrains financial flexibility and increases interest burden sensitivity. Over a 2–6 month horizon this limits capacity for opportunistic capex or M&A, makes margins more vulnerable to rate rises, and heightens refinancing and liquidity risk in downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation recovery
A clear rebound to positive operating (~¥2.3B) and free cash flow (~¥1.6B) in 2025 improves the company's ability to fund working capital, service debt, and support investment or payouts without external financing. Durable cash generation reduces refinancing risk and underpins operational stability over the medium term.
Read all positive factors

Kurotani Corporation (3168) vs. iShares MSCI Japan ETF (EWJ)

Kurotani Corporation Business Overview & Revenue Model

Company Description
Founded in 1870 and headquartered in Imizu, Japan, Kurotani Corporation is a multifaceted enterprise engaged in the global collection, processing, manufacturing, and sale of diverse metal products. Its reach extends across Japan, Korea, the wider ...
How the Company Makes Money
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Kurotani Corporation Financial Statement Overview

Summary
Mixed fundamentals: profitability deteriorated from a small profit in 2024 to a net loss in 2025 with very thin margins, while leverage is elevated (debt consistently above equity). Offsetting this, 2025 operating and free cash flow rebounded strongly, but multi-year cash-flow volatility and recent earnings weakness keep the score below average.
Income Statement
38
Negative
Balance Sheet
44
Neutral
Cash Flow
55
Neutral
BreakdownTTMAug 2025Aug 2024Aug 2023Aug 2022Aug 2021
Income Statement
Total Revenue93.91B82.41B82.07B84.59B89.10B62.06B
Gross Profit6.47B2.33B3.12B2.09B2.57B4.58B
EBITDA4.32B347.34M1.28B606.90M1.15B2.35B
Net Income2.46B-203.00M532.50M170.26M547.08M1.35B
Balance Sheet
Total Assets35.80B25.71B26.66B25.10B25.77B23.64B
Cash, Cash Equivalents and Short-Term Investments1.22B1.64B1.54B1.26B1.28B1.81B
Total Debt18.04B13.18B12.79B12.68B13.63B11.48B
Total Liabilities23.80B16.49B17.17B16.00B16.55B14.96B
Stockholders Equity12.01B9.22B9.48B9.10B9.22B8.68B
Cash Flow
Free Cash Flow0.001.57B539.95M1.25B-2.30B-4.11B
Operating Cash Flow0.002.32B828.00M1.60B-2.07B-3.90B
Investing Cash Flow0.00-1.98B-206.10M57.24M-343.58M31.34M
Financing Cash Flow0.00-29.59M-172.29M-1.38B1.67B3.83B

Kurotani Corporation Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1240.00
Price Trends
50DMA
1327.66
Positive
100DMA
1379.36
Positive
200DMA
1120.73
Positive
Market Momentum
MACD
41.09
Negative
RSI
73.52
Negative
STOCH
87.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3168, the sentiment is Positive. The current price of 1240 is below the 20-day moving average (MA) of 1309.70, below the 50-day MA of 1327.66, and above the 200-day MA of 1120.73, indicating a bullish trend. The MACD of 41.09 indicates Negative momentum. The RSI at 73.52 is Negative, neither overbought nor oversold. The STOCH value of 87.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3168.

Kurotani Corporation Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
¥7.64B8.643.07%-2.61%2.70%
68
Neutral
¥3.22B5.734.43%-7.71%6.41%
63
Neutral
¥3.43B4.343.33%1.57%-21.97%
60
Neutral
¥8.53B13.223.00%1.69%-33.95%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
¥4.47B55.372.62%0.11%14.91%
54
Neutral
¥22.63B9.151.59%8.88%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3168
Kurotani Corporation
1,594.00
1,038.34
186.87%
JP:3892
Okayama Paper Industries Co., Ltd.
1,530.00
109.28
7.69%
JP:3895
Havix Corporation
408.00
-3.44
-0.84%
JP:3945
Superbag Company, Limited
2,243.00
-150.76
-6.30%
JP:3955
IMURA & Co.,Ltd.
851.00
-87.28
-9.30%
JP:9929
Heiwa Paper Co., Ltd.
464.00
42.18
10.00%

Kurotani Corporation Corporate Events

MERF Raises Full-Year Earnings Outlook on Strong Demand and Improved Margins
Jul 16, 2026
MERF Inc. has sharply upgraded its full-year consolidated earnings forecast for the fiscal year ending August 2026, citing strong performance through the third quarter and expectations of continued solid demand despite heightened copper price vola...
MERF Swings to Profit and Lifts Outlook on Strong Nine-Month Results
Jul 13, 2026
MERF Inc. reported a sharp turnaround for the nine months ended May 31, 2026, with net sales rising 18.6% year-on-year to ¥73.49 billion and profit attributable to owners of parent improving from a ¥388 million loss to a ¥2.28 billi...
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.Date of analysis: Jul 15, 2026