Kitanihon Spinning Co., Ltd. (3409) AI Stock Analysis

• Market Cap: ¥3.98B
• Dividend Yield: N/A
• Average Volume (3M): 173.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: 21.44%
• EPS Growth: 47.95%
• Country: JP
• Employees: 81
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.75
• Shares Outstanding: 27,681,494
• 10 Day Avg. Volume: 115,140
• 30 Day Avg. Volume: 173,460
• PEG Ratio: 1.10
• Price to Book (P/B): 2.92
• Price to Sales (P/S): 2.13
• P/FCF Ratio: -84.68
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: ¥172.00 ▲(17.81% Upside)

Kitanihon Spinning Co., Ltd. faces significant challenges with negative profitability and cash flow issues, reflected in its low financial performance score. Bearish technical indicators and poor valuation metrics further weigh down the overall score. The absence of earnings call data and corporate events leaves these areas unaddressed.

Kitanihon Spinning Co., Ltd. Business Overview & Revenue Model

Company Description

Kitabo Co.,Ltd engages in the manufacturing of healthcare and recycled products. The company operates through spinning, textile, health care, and recycling business segments. It manufactures masks for health care industry. It distributes remote health management wearable device and security camera for crime prevention, disaster prevention and security management systems. It also recycles renewable resins discharged from material manufacturers, processing manufacturers, and industrial waste disposal companies. the company manufactures and sells synthetic spun yarns and fabrics in japan. its products include outdoor goods and clothing, firefighter uniform, functional innerwear, automotive parts, smartphone cases, and cut-resistant gloves. Kitabo Co.,Ltd was formerly known as Kitanihon Spinning Co., Ltd. and changed its name to Kitabo Co.,Ltd in July 2025. The company was incorporated in 1948 and is headquartered in Hakusan, Japan.

How the Company Makes Money

Kitanihon Spinning Co., Ltd. generates revenue through the production and sale of yarns and fabrics, targeting both domestic and international markets. Key revenue streams include the sale of various textile products to apparel manufacturers, home textile companies, and industrial customers. The company also benefits from strategic partnerships with other textile firms and distributors, enhancing its market reach and supply chain efficiency. Additionally, Kitanihon Spinning invests in research and development to create innovative textile solutions, which helps to capture premium pricing for specialized products. The focus on sustainability and eco-friendly production methods has also attracted interest from environmentally conscious consumers and businesses, further contributing to its earnings.

Kitanihon Spinning Co., Ltd. Financial Statement Overview

Summary

Kitanihon Spinning Co., Ltd. is experiencing revenue growth but faces significant challenges in profitability and cash flow management. The improvement in leverage is positive, but negative margins and cash flow issues need addressing for long-term stability.

Income Statement

Kitanihon Spinning Co., Ltd. has shown a significant revenue growth rate of 18.57% in the latest year, indicating a positive trend in sales. However, the company is struggling with profitability, as evidenced by negative net profit margins and EBIT margins. The gross profit margin has slightly improved but remains low, reflecting challenges in cost management.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.45, indicating a better leverage position compared to previous years. However, the return on equity remains negative, highlighting ongoing profitability issues. The equity ratio is stable, suggesting a balanced asset structure.

Cash Flow

Kitanihon Spinning Co., Ltd. has a concerning cash flow situation, with negative operating and free cash flows. The free cash flow to net income ratio is high, indicating that cash flow generation is not aligned with earnings. The company needs to improve its cash flow management to support operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.67B	1.63B	1.31B	1.19B	830.45M	615.39M
Gross Profit	250.19M	233.00M	201.59M	95.55M	82.82M	27.70M
EBITDA	-37.35M	-32.00M	-48.69M	-202.01M	-80.58M	-55.38M
Net Income	-73.64M	-55.75M	-115.62M	-271.09M	-128.10M	-61.21M
Balance Sheet
Total Assets	2.22B	2.15B	1.86B	2.07B	2.07B	1.82B
Cash, Cash Equivalents and Short-Term Investments	639.91M	512.00M	216.10M	286.58M	308.63M	480.23M
Total Debt	530.04M	536.00M	545.27M	754.72M	637.47M	597.65M
Total Liabilities	921.71M	966.00M	958.46M	1.11B	989.83M	949.72M
Stockholders Equity	1.30B	1.19B	899.01M	959.93M	1.08B	867.07M
Cash Flow
Free Cash Flow	0.00	-41.00M	-147.73M	-322.61M	-260.19M	-131.41M
Operating Cash Flow	0.00	-7.00M	-97.02M	-91.57M	-160.98M	-101.69M
Investing Cash Flow	0.00	-35.43M	177.29M	-207.07M	-351.40M	135.01M
Financing Cash Flow	0.00	340.00M	-159.58M	274.23M	336.12M	377.24M

Kitanihon Spinning Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 146.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3409, the sentiment is Negative. The current price of 146 is below the 20-day moving average (MA) of 156.60, below the 50-day MA of 177.60, and below the 200-day MA of 175.47, indicating a bearish trend. The MACD of -8.81 indicates Positive momentum. The RSI at 34.03 is Neutral, neither overbought nor oversold. The STOCH value of 21.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3409.

Kitanihon Spinning Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3123	77 Outperform	¥7.38B	9.66	―	2.62%	-4.76%	8.44%
3045	75 Outperform	¥3.03B	8.94	―	3.55%	4.96%	15.39%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2776	56 Neutral	¥5.87B	-49.31	―	―	348.40%	71.18%
3571	56 Neutral	¥9.80B	34.00	―	5.27%	-5.24%	-89.49%
3111	50 Neutral	¥1.80B	5.70	―	―	-3.03%	46.85%
3409	41 Neutral	¥3.98B	-44.89	―	―	21.44%	47.95%