Atsugi Co., Ltd. (JP:3529)
:3529
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Atsugi Co., Ltd.
(3529)
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Select Model
Rating:57Neutral
Price Target:
¥1,045.00
▼(-5.00% Downside)
Action:ReiteratedDate:11/28/25
Atsugi Co., Ltd. shows strong technical momentum, which is a positive indicator for short-term performance. However, financial performance is hindered by profitability and cash flow challenges, and valuation metrics are unattractive due to ongoing losses.
Positive Factors
Balance sheet strength
Atsugi's high equity ratio and low leverage give durable financial flexibility. With minimal debt service needs the company can absorb demand shocks, fund working capital needs in apparel cycles, and invest selectively in product or channel initiatives without refinancing risk.
Negative Factors
Negative net and EBIT margins
Persistently negative EBIT and net margins reflect structural profitability issues: pricing, mix or cost base. Ongoing losses limit retained earnings, hinder ROE improvement, and require sustained operational fixes to convert topline into recurring, positive operating profits over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Atsugi's high equity ratio and low leverage give durable financial flexibility. With minimal debt service needs the company can absorb demand shocks, fund working capital needs in apparel cycles, and invest selectively in product or channel initiatives without refinancing risk.
Read all positive factors
Atsugi Co., Ltd. (3529) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥16.19B
Dividend YieldN/A
Average Volume (3M)107.86K
Price to Earnings (P/E)―
Beta (1Y)0.44
Revenue Growth4.15%
EPS Growth-289.87%
CountryJP
Employees1,443
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-22.18
Shares Outstanding17,319,569
10 Day Avg. Volume71,710
30 Day Avg. Volume107,863
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)0.56
Price to Sales (P/S)0.81
P/FCF Ratio-7.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Atsugi Co., Ltd. Business Overview & Revenue Model
Company Description
Atsugi Co., Ltd. (3529) is a prominent Japanese company primarily engaged in the manufacturing and sales of hosiery, lingerie, and other textile products. The company operates in the apparel sector, offering a wide range of products that cater to ...
How the Company Makes Money
Atsugi generates revenue primarily by manufacturing and selling legwear (e.g., stockings/pantyhose and socks) and related apparel/innerwear products under its brands to customers in Japan. Its earnings are driven by product sales volume and pricin...
Atsugi Co., Ltd. Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
65
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.69B | 21.88B | 21.21B | 20.50B | 21.45B | 16.23B |
| Gross Profit | 6.74B | 6.94B | 6.85B | 5.38B | 5.12B | 3.69B |
| EBITDA | -514.00M | -280.00M | 4.00M | -1.69B | -1.81B | -2.10B |
| Net Income | -907.00M | -376.00M | 1.33B | -1.22B | -1.83B | -3.83B |
Balance Sheet | ||||||
| Total Assets | 39.78B | 40.85B | 42.01B | 40.69B | 42.23B | 44.34B |
| Cash, Cash Equivalents and Short-Term Investments | 4.68B | 5.41B | 3.87B | 4.79B | 6.31B | 8.11B |
| Total Debt | 927.00M | 1.06B | 1.07B | 1.38B | 1.85B | 2.32B |
| Total Liabilities | 8.86B | 9.18B | 8.57B | 9.75B | 10.09B | 10.38B |
| Stockholders Equity | 30.91B | 31.66B | 33.44B | 30.93B | 32.15B | 33.83B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -2.39B | -2.62B | -2.57B | -1.76B | -3.10B |
| Operating Cash Flow | 0.00 | 415.00M | -1.34B | -1.36B | -748.00M | -2.95B |
| Investing Cash Flow | 0.00 | 719.00M | 456.00M | 760.00M | -1.04B | 522.00M |
| Financing Cash Flow | 0.00 | 53.00M | -472.00M | -471.00M | -616.00M | 2.07B |
Atsugi Co., Ltd. Technical Analysis
Neutral
1100.00
Price Trends
1054.22
Negative
1136.95
Negative
1148.22
Negative
Market Momentum
-24.15
Negative
50.56
Neutral
84.99
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3529, the sentiment is Neutral. The current price of 1100 is above the 20-day moving average (MA) of 984.10, above the 50-day MA of 1054.22, and below the 200-day MA of 1148.22, indicating a neutral trend. The MACD of -24.15 indicates Negative momentum. The RSI at 50.56 is Neutral, neither overbought nor oversold. The STOCH value of 84.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3529.
Atsugi Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | ¥128.62B | 15.30 | ― | 1.79% | 10.76% | 54.82% | |
78 Outperform | ¥173.56B | 9.78 | 10.24% | 2.43% | 6.08% | 8.55% | |
68 Neutral | ¥53.89B | 7.26 | 18.28% | 6.12% | -6.22% | 679.61% | |
66 Neutral | ¥116.91B | 17.53 | 2.80% | 3.38% | >-0.01% | -49.83% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | ¥226.46B | 39.72 | 5.31% | 2.29% | -6.04% | 146.54% | |
57 Neutral | ¥16.19B | -14.15 | ― | ― | 4.15% | -289.87% |
* Consumer Cyclical Sector Average
JP:3529
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Atsugi Co., Ltd. Corporate Events
Atsugi Swings to Loss and Maintains No-Dividend Policy Despite Solid Equity Base
Feb 2, 2026
Atsugi Co., Ltd. reported consolidated net sales of ¥15.7 billion for the nine months ended 31 December 2025, down 1.1% year on year, and booked an operating loss of ¥681 million and a net loss attributable to owners of the parent of ...
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.