Yossix Holdings Co.Ltd. (3221) AI Stock Analysis

• Market Cap: ¥32.74B
• Dividend Yield: 0.94%
• Average Volume (3M): 41.42K
• Price to Earnings (P/E): 17.4
• Beta (1Y): 0.60
• Revenue Growth: 9.00%
• EPS Growth: -3.45%
• Country: JP
• Employees: 879
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 62.35
• Shares Outstanding: 10,361,000
• 10 Day Avg. Volume: 26,000
• 30 Day Avg. Volume: 41,416
• PEG Ratio: -9.67
• Price to Book (P/B): 2.43
• Price to Sales (P/S): 1.22
• P/FCF Ratio: 2.42K
• 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: 73 Outperform
• Price Target: ¥3,345.00 ▲(11.31% Upside)

The score is driven primarily by strong financial resilience (debt effectively eliminated and solid profitability) but is held back by the sharp deterioration in 2025 cash flow quality. Technicals are supportive with an established uptrend, while valuation is fair with a low dividend yield.

Positive Factors

Store Expansion

The expansion from 377 to 391 stores indicates a strong market position and potential for increased revenue, supporting long-term growth.

Strong Financial Position

A robust equity-to-asset ratio and increased assets suggest financial stability, providing a solid foundation for future investments and growth.

Revenue Growth

Consistent revenue growth over multiple years reflects successful business strategies and market demand, enhancing long-term prospects.

Negative Factors

Weak Cash Flow

Weak cash flow in 2025 raises concerns about liquidity and the ability to fund operations and growth, potentially impacting financial flexibility.

Net Margin Decline

A decline in net margin suggests pressure on profitability, which could affect the company's ability to sustain earnings growth.

Cash Conversion Issues

Lower cash conversion efficiency indicates potential issues with working capital management or increased reinvestment needs, affecting cash availability.

Yossix Holdings Co.Ltd. Business Overview & Revenue Model

Company Description

Yossix Holdings Co.,Ltd. engages in the restaurant business in Japan. The company also designs and constructs stores. As of March 31, 2020, it operated 343 stores. The company was formerly known as Yossix Co.,Ltd. Yossix Holdings Co.,Ltd. was founded in 1985 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Yossix Holdings Co., Ltd. generates revenue through the operation of its sushi restaurant chain, where customers pay for individual plates of sushi that are served on a conveyor belt system. This unique dining format allows the company to maximize table turnover rates and efficiently manage labor costs. Additionally, the company may earn revenue from franchising agreements by licensing its brand and operational model to franchisees, who then pay royalties and fees. Strategic partnerships with suppliers help in maintaining cost-effective sourcing of high-quality ingredients, which also enhances profitability.

Yossix Holdings Co.Ltd. Financial Statement Overview

Summary

Strong multi-year revenue growth (2023–2025) and solid recent profitability support the score, reinforced by a very conservative balance sheet with effectively no debt. The main offset is weak 2025 cash conversion (operating cash flow materially lower and free cash flow near breakeven versus earnings), plus evidence of historical volatility in 2021.

Income Statement

Revenue has expanded strongly over the last few years (2023–2025), with 2025 showing continued growth. Profitability is solid and consistent in the latest two years, with healthy gross profit and operating profitability; however, net margin softened in 2025 versus 2024. Results also show a clear historical shock in 2021 (loss-making with negative operating profitability), which highlights some cyclicality/sensitivity in the model despite the more recent recovery.

Balance Sheet

The balance sheet is very conservatively positioned: debt is effectively eliminated in 2025 after being minimal in prior years, and equity has grown steadily. Returns on equity remain healthy in recent periods, though they eased in 2025 versus 2024. The main weakness is the historical volatility in profitability (negative return on equity in 2021), but leverage is not a meaningful risk factor today.

Cash Flow

Cash generation quality deteriorated sharply in 2025: operating cash flow fell materially versus 2024 and covered only a modest portion of net income, while free cash flow was close to breakeven relative to earnings. This is a notable step-down from 2024, when operating and free cash flow were very strong and supported reported profits. Overall, cash flow is the key swing factor and raises questions around working-capital timing and/or higher reinvestment needs in the latest year.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.35B	22.91B	21.12B	17.09B	8.58B	9.70B
Gross Profit	15.69B	15.34B	14.09B	10.98B	5.54B	6.33B
EBITDA	2.88B	2.89B	3.00B	1.81B	3.33B	-1.24B
Net Income	1.73B	1.76B	1.81B	961.66M	1.86B	-1.27B
Balance Sheet
Total Assets	14.95B	14.93B	14.57B	12.06B	11.79B	11.27B
Cash, Cash Equivalents and Short-Term Investments	9.68B	9.57B	9.90B	7.84B	7.44B	6.30B
Total Debt	0.00	0.00	10.45M	135.44M	327.10M	390.84M
Total Liabilities	3.23B	3.47B	4.67B	3.27B	3.54B	4.88B
Stockholders Equity	11.71B	11.46B	9.90B	8.79B	8.25B	6.39B
Cash Flow
Free Cash Flow	0.00	11.54M	3.03B	1.18B	1.36B	-534.77M
Operating Cash Flow	0.00	874.74M	3.79B	1.61B	1.65B	66.23M
Investing Cash Flow	0.00	-1.73B	-1.34B	-509.57M	-469.74M	-793.94M
Financing Cash Flow	0.00	-296.39M	-872.11M	-699.53M	-154.92M	216.38M

Yossix Holdings Co.Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3005.00
• 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:3221, the sentiment is Positive. The current price of 3005 is below the 20-day moving average (MA) of 3144.75, below the 50-day MA of 3023.20, and above the 200-day MA of 2724.82, indicating a neutral trend. The MACD of 37.77 indicates Positive momentum. The RSI at 54.25 is Neutral, neither overbought nor oversold. The STOCH value of 47.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3221.

Yossix Holdings Co.Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3221	73 Outperform	¥32.74B	17.36	―	0.94%	9.00%	-3.45%
9979	63 Neutral	¥23.80B	21.95	―	1.20%	3.89%	-12.08%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2753	61 Neutral	¥28.27B	20.56	―	2.47%	2.93%	-8.37%
3178	60 Neutral	¥24.52B	24.49	―	0.81%	0.32%	10.22%
2882	57 Neutral	¥23.46B	151.49	―	0.78%	8.86%	-17.71%

Yossix Holdings Co.Ltd. Corporate Events

Yossix Holdings Lifts Store Count and Sales on Strong Restaurant Expansion

Yossix Holdings reported steady expansion of its restaurant network in the fiscal year ending March 2026, increasing its total store count from 377 in April to 395 in December, with new openings under its Yataizushi and Hitokuchi Gyoza no Itadaki brands in Fukushima and Kagawa, and including stores operated by Wonder Food Innovation. The company also posted robust year-on-year sales growth, with total store sales rising between roughly 109% and 119% and same-store sales returning to sustained growth above prior-year levels, indicating both successful new store rollouts and improving performance at mature locations compared with the previous fiscal year, when same-store sales were more subdued.

The most recent analyst rating on (JP:3221) stock is a Buy with a Yen3471.00 price target. To see the full list of analyst forecasts on Yossix Holdings Co.Ltd. stock, see the JP:3221 Stock Forecast page.

Yossix Holdings Reports Store Expansion and Sales Growth

Yossix Holdings Co., Ltd. announced its fiscal year ending March 2026 update, highlighting an increase in the number of stores from 377 to 391 by October. The company opened new locations under its Yataizushi and Hitokuchi Gyoza no Itadaki brands, contributing to a year-on-year sales growth of up to 118.6% for all stores in August. This expansion and sales growth indicate a strong market position and potential positive impact on stakeholders.

Yossix Holdings Announces Stable Q2 Dividend

Yossix Holdings Co., Ltd. announced a dividend of 14.00 yen per share for the second quarter of the fiscal year ending March 2026, maintaining the same dividend rate as the previous year. This decision aligns with the company’s policy of returning profits to shareholders while considering cash flow and strengthening its financial structure for future business development.

Yossix Holdings Reports Strong Financial Performance for H1 2025

Yossix Holdings Co., Ltd. reported a positive financial performance for the six months ended September 30, 2025, with increases in net sales, operating profit, and ordinary profit compared to the previous year. The company’s financial position has strengthened, with an increase in total assets and net assets, indicating a robust equity-to-asset ratio. The announcement reflects a stable financial outlook and potential positive implications for stakeholders.