General Oyster, Inc. (3224) AI Stock Analysis

• Market Cap: ¥3.30B
• Dividend Yield: 1.43%
• Average Volume (3M): 3.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.61
• Revenue Growth: -2.15%
• EPS Growth: 72.23%
• Country: JP
• Employees: 111
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Restaurants
• EPS (TTM): -14.89
• Shares Outstanding: 4,772,800
• 10 Day Avg. Volume: 3,040
• 30 Day Avg. Volume: 3,583
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥726.00
• Price Target Upside: 5.07% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: ¥726.00 ▲(5.07% Upside)

General Oyster, Inc. has a mixed financial performance with strong gross margins but weak profitability and cash flow. Technical indicators are neutral, and valuation is challenged by a negative P/E ratio. The dividend yield offers some investor appeal.

Positive Factors

Gross Profit Margin

A solid gross profit margin of approximately 65.3% indicates efficient cost management, which is crucial for sustaining profitability in the competitive seafood industry.

Balance Sheet Stability

A manageable debt-to-equity ratio and a strong equity position provide a solid financial foundation, enhancing the company's ability to invest in growth opportunities.

Operating Cash Flow Improvement

The shift to positive operating cash flow in 2025 is a positive sign, indicating improved cash generation ability, which is vital for funding operations and reducing reliance on external financing.

Negative Factors

Net Profit Margin

A negative net profit margin indicates that the company is still experiencing net losses, which could hinder its ability to reinvest in the business and achieve long-term growth.

Free Cash Flow

Negative free cash flow suggests challenges in covering capital expenditures and dividends, potentially limiting the company's financial flexibility and growth potential.

Revenue Growth

Modest revenue growth may indicate challenges in expanding market share or product offerings, which could impact the company's competitive position in the long term.

General Oyster, Inc. Business Overview & Revenue Model

Company Description

General Oyster, Inc. is a Japanese corporation primarily engaged in the aquaculture and food services sectors. The company specializes in the farming, processing, and distribution of oysters and other seafood products. General Oyster, Inc. operates a range of oyster bars and seafood restaurants across Japan, providing consumers with fresh and sustainably sourced seafood options.

How the Company Makes Money

General Oyster, Inc. generates revenue primarily through the sale of oysters and other seafood products. The company operates its own oyster farms, ensuring a consistent and high-quality supply of oysters for both retail and restaurant operations. Revenue streams include direct sales to wholesalers and retailers, as well as income from its chain of oyster bars and seafood restaurants located throughout Japan. Additionally, the company may engage in partnerships with local fisheries and distributors to expand its market reach and enhance its product offerings.

General Oyster, Inc. Financial Statement Overview

Summary

General Oyster, Inc. shows a mixed financial performance with strong gross profit margins and improving equity positions, but faces challenges with profitability and cash flow generation. The company is at a critical juncture with potential for improvement, but needs to address net losses to enhance overall financial health.

Income Statement

General Oyster, Inc. demonstrates a mixed performance on the income statement. The company shows a solid gross profit margin of approximately 65.3% for 2025, indicating efficient cost management. However, the net profit margin is negative, reflecting ongoing net losses, although there is an improvement from -25.2% in 2024 to -5.3% in 2025. Revenue growth is modest at 3.6% from 2024 to 2025, but the EBIT margin remains low at 0.09%, suggesting limited operational profitability.

Balance Sheet

The balance sheet of General Oyster, Inc. is showing signs of stability with a debt-to-equity ratio of 0.26 in 2025, reflecting a manageable leverage level. The company's equity ratio is healthy at 42.3%, indicating a solid financial foundation. Return on equity remains a concern due to negative net income, but the company has improved its stockholders' equity position significantly over the years.

Cash Flow

The cash flow statement highlights some challenges, with a negative free cash flow of -87.75 million in 2025, although there is a significant improvement from 2024. The operating cash flow to net income ratio is not favorable due to persistent losses, but improvements in operating cash flow, which turned positive in 2025, are encouraging.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.93B	3.93B	3.79B	3.76B	2.54B	2.34B
Gross Profit	2.56B	2.56B	2.48B	2.38B	1.62B	1.51B
EBITDA	54.86M	60.97M	-24.22M	175.98M	394.14M	-574.32M
Net Income	-21.23M	-20.83M	-95.47M	138.10M	287.41M	-641.49M
Balance Sheet
Total Assets	3.34B	3.34B	2.24B	2.39B	2.29B	1.52B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.22B	855.73M	1.33B	1.27B	541.06M
Total Debt	370.01M	370.01M	454.92M	522.05M	577.00M	914.56M
Total Liabilities	1.93B	1.93B	1.33B	1.37B	1.39B	1.63B
Stockholders Equity	1.41B	1.41B	935.91M	1.03B	887.78M	-142.64M
Cash Flow
Free Cash Flow	0.00	-87.75M	-354.28M	148.30M	327.58M	-313.74M
Operating Cash Flow	0.00	128.59M	-99.60M	218.81M	376.16M	-305.51M
Investing Cash Flow	0.00	-237.29M	-313.83M	-105.86M	-42.39M	-6.77M
Financing Cash Flow	0.00	473.45M	-65.13M	-51.45M	397.96M	729.72M

General Oyster, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 691.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3224, the sentiment is Negative. The current price of 691 is below the 20-day moving average (MA) of 695.85, above the 50-day MA of 685.54, and below the 200-day MA of 729.36, indicating a neutral trend. The MACD of 1.95 indicates Positive momentum. The RSI at 47.94 is Neutral, neither overbought nor oversold. The STOCH value of 9.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3224.

General Oyster, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3372	76 Outperform	¥3.47B	9.35		―	4.08%	37.93%
3317	71 Outperform	¥4.18B	11.37		1.02%	8.31%	15.92%
Sector *	61 Neutral	$18.09B	12.97	-1.60%	2.98%	1.42%	-15.92%
3358	61 Neutral	¥3.36B	171.69		―	3.29%	-46.50%
3224	60 Neutral	¥3.30B	―		1.43%	-2.15%	72.23%
3067	53 Neutral	¥4.20B	351.80		―	-3.30%	-124.02%
2762	46 Neutral	¥3.77B	―		―	3.76%	3.77%