ZOA Corporation (3375) AI Stock Analysis

• Market Cap: ¥2.75B
• Dividend Yield: 3.71%
• Average Volume (3M): 553.00
• Price to Earnings (P/E): 4.9
• Beta (1Y): 0.27
• Revenue Growth: 4.14%
• EPS Growth: 31.98%
• Country: JP
• Employees: 74
• Sector: Technology
• Sector Strength: 88
• Industry: Specialty Retail
• EPS (TTM): 100.76
• Shares Outstanding: 1,454,000
• 10 Day Avg. Volume: 390
• 30 Day Avg. Volume: 553
• PEG Ratio: 5.57
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 2.57
• 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: 76 Outperform
• Price Target: ¥2,136.00 ▲(10.33% Upside)
• Action: Reiterated Date: 10/29/25
• Date: Action: Reiterated 10/29/25

ZOA Corporation's strong financial performance and attractive valuation are the primary drivers of its overall score. The company's robust cash flow and low P/E ratio make it a compelling investment in the specialty retail industry. Technical indicators support a positive outlook, although profitability margins present an area for potential improvement.

Positive Factors

Strong free cash flow generation

Sustained free cash flow growth provides durable funding for capex, dividends, debt reduction and strategic initiatives. Over 2-6 months this underpins financial flexibility, reduces refinancing risk, and allows management to invest in growth or return capital without relying on external funding.

Consistent revenue growth trend

Steady top-line expansion indicates increasing market acceptance or share gains in specialty retail. Over months this trend supports scale advantages, improves bargaining leverage with suppliers, and creates a base for margin expansion if cost structure is managed.

Manageable leverage and stable balance sheet

A moderate debt profile and stable equity ratio reduce solvency risk and preserve strategic optionality. Over the medium term this enables disciplined capital deployment, lowers interest burden vulnerability, and gives the company room to finance growth or weather demand fluctuations.

Negative Factors

Modest net profit margin

A modest net margin constrains retained earnings and limits the cushion against cost shocks or cyclical downturns. Over 2-6 months this restricts internal funding for expansion, reduces strategic flexibility, and makes long-term returns more sensitive to margin pressure.

Room to improve asset utilization

Suboptimal asset utilization implies capital tied up in inventory, fixtures or fixed assets that could deliver higher returns. Improving turnover is a persistent operational lever; failure to act can cap ROA and limit the company's ability to scale profitably over the medium term.

Small organizational scale

A small workforce suggests limited scale and operational bandwidth versus larger specialty retailers. This can slow geographic expansion, marketing reach and supply-chain resilience, leaving the company more exposed to competitive pressure and execution risk over several months.

ZOA Corporation Business Overview & Revenue Model

Company Description

Zoa Corporation engages in the retail sale of personal computer (PC) and peripherals. It provides printers, tablets, monitors, hard disks, network devices, external storage devices, internal storage devices, CPU, memory, motherboard, graphic board, etc., as well as business software, game software, PC accessories, ink, papers, and media. The company also offers motorcycle related products, such as motorcycle parts, helmets, gloves, clothing, car accessories, etc.; and support services, as well as engages in leasing and selling of real estate business. The company was founded in 1981 and is headquartered in Numazu, Japan.

How the Company Makes Money

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ZOA Corporation Financial Statement Overview

Summary

ZOA Corporation displays a solid financial performance with strong revenue growth and efficient cash flow management. While profitability margins could be improved, the balance sheet remains stable with manageable leverage levels. The company is well-positioned in the specialty retail industry, supported by its robust cash flow generation capabilities.

Income Statement

ZOA Corporation has shown consistent revenue growth, with a notable increase from 2024 to 2025. The gross profit margin is healthy, indicating efficient cost management. However, the net profit margin is modest, suggesting room for improving profitability. EBIT and EBITDA margins are stable, reflecting a solid operating performance.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating leverage is under control. Return on equity is reasonable, showing the company is generating a fair return for its shareholders. The equity ratio reflects a stable financial position, although there could be improvements in asset utilization.

Cash Flow

ZOA Corporation's cash flow profile is strong, with significant growth in free cash flow and robust operating cash flow relative to net income. This indicates good cash generation capacity and efficient capital expenditure management, ensuring liquidity and operational stability.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.86B	9.27B	8.60B	9.73B	9.61B	9.52B
Gross Profit	2.35B	2.38B	2.27B	2.52B	2.39B	2.21B
EBITDA	431.82M	459.54M	455.83M	569.63M	535.11M	514.60M
Net Income	276.72M	297.02M	293.12M	372.88M	346.21M	328.80M
Balance Sheet
Total Assets	5.11B	5.45B	5.43B	5.18B	5.41B	5.14B
Cash, Cash Equivalents and Short-Term Investments	1.08B	1.25B	760.02M	658.69M	1.17B	1.63B
Total Debt	1.07B	1.18B	1.28B	1.32B	1.36B	1.57B
Total Liabilities	2.19B	2.52B	2.72B	2.71B	2.98B	2.90B
Stockholders Equity	2.92B	2.93B	2.71B	2.47B	2.43B	2.24B
Cash Flow
Free Cash Flow	0.00	720.97M	209.87M	-161.90M	-109.27M	914.11M
Operating Cash Flow	0.00	728.79M	337.73M	-43.60M	-65.34M	928.34M
Investing Cash Flow	0.00	-67.45M	-128.61M	-90.29M	-111.94M	-1.83M
Financing Cash Flow	0.00	-174.63M	-107.80M	-381.03M	-277.70M	-246.65M

ZOA Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1936.00
• 50DMA: Negative
• 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:3375, the sentiment is Neutral. The current price of 1936 is below the 20-day moving average (MA) of 1956.90, above the 50-day MA of 1923.50, and above the 200-day MA of 1729.69, indicating a neutral trend. The MACD of -4.22 indicates Positive momentum. The RSI at 42.84 is Neutral, neither overbought nor oversold. The STOCH value of 27.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3375.

ZOA Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3375	76 Outperform	¥2.75B	4.88	―	3.71%	4.14%	31.98%
2674	74 Outperform	¥27.59B	8.12	―	3.77%	7.88%	-5.92%
7419	74 Outperform	¥330.65B	8.84	―	1.35%	15.92%	52.76%
3179	66 Neutral	¥22.28B	10.52	―	3.53%	-2.73%	-51.48%
3048	66 Neutral	¥294.52B	14.98	11.17%	2.61%	5.63%	25.64%
9831	64 Neutral	¥451.21B	9.24	4.18%	2.57%	1.26%	14.65%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%