BAROQUE JAPAN LIMITED (3548) AI Stock Analysis

• Market Cap: ¥28.42B
• Dividend Yield: 4.82%
• Average Volume (3M): 104.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.36
• Revenue Growth: -3.50%
• EPS Growth: -372.92%
• Country: JP
• Employees: 1,424
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Retail
• EPS (TTM): -71.58
• Shares Outstanding: 36,676,300
• 10 Day Avg. Volume: 100,900
• 30 Day Avg. Volume: 104,890
• PEG Ratio: -1.41
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 35.39
• 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

• Rating: 60 Neutral
• Price Target: ¥824.00 ▲(4.44%Upside)

The overall score reflects the significant challenges in profitability and revenue decline, despite a stable balance sheet. Technical indicators are bullish, suggesting some positive momentum, but valuation remains constrained by negative earnings. Dividend yield offers some support to the stock's attractiveness.

BAROQUE JAPAN LIMITED Business Overview & Revenue Model

Company Description

BAROQUE JAPAN LIMITED (3548) is a leading Japanese company specializing in the fashion retail sector. It designs, manufactures, and sells a wide range of apparel and accessories through its extensive network of retail stores and online platforms. The company is known for its contemporary fashion brands that cater to diverse customer preferences and trends, offering products that include clothing, footwear, and fashion accessories.

How the Company Makes Money

BAROQUE JAPAN LIMITED generates revenue primarily through the sale of its fashion products in both physical retail stores and online channels. The company capitalizes on its portfolio of popular fashion brands to attract a broad customer base. Key revenue streams include direct sales to consumers, wholesale distribution to other retailers, and online sales via its e-commerce platforms. Additionally, strategic partnerships and collaborations with designers and influencers play a significant role in enhancing brand visibility and driving sales. The company's earnings are also supported by its ability to rapidly respond to fashion trends and consumer demands, ensuring a steady flow of new and appealing products.

BAROQUE JAPAN LIMITED Financial Statement Overview

Summary

BAROQUE JAPAN LIMITED exhibits a stable balance sheet with manageable leverage, but faces challenges with profitability and declining revenue. The income statement highlights losses and negative margins, while cash flow shows variability despite positive operating cash flow.

Income Statement

BAROQUE JAPAN LIMITED has experienced fluctuating revenue over the past years. The most recent year shows a decline in revenue and gross profit, with a net loss, indicating challenges in profitability. Gross profit margins have remained fairly stable, but the company is struggling with negative EBIT and EBITDA margins, especially in the latest year, highlighting operational inefficiencies.

Balance Sheet

The company's balance sheet shows a stable equity position with a debt-to-equity ratio of about 0.51, which is manageable. The equity ratio has remained strong, indicating a solid capital structure. However, the overall assets have been declining, which may pose future risks if not addressed.

Cash Flow

The operating cash flow has been positive, but free cash flow has shown variability. The company has managed to generate positive free cash flow in recent years, but the growth rate is inconsistent. The operating cash flow to net income ratio is favorable, suggesting good cash conversion efficiency despite profitability challenges.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
58.72B	58.18B	60.29B	58.84B	59.14B	50.59B
	Gross Profit
33.36B	33.10B	34.26B	33.41B	32.78B	27.85B
	EBIT
1.09B	813.00M	1.95B	2.15B	2.75B	1.31B
	EBITDA
921.50M	-977.00M	2.63B	2.88B	3.56B	2.26B
	Net Income Common Stockholders
-707.00M	-2.57B	945.00M	243.00M	1.47B	375.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.92B	11.30B	12.18B	14.74B	15.01B	15.92B
	Total Assets
37.07B	34.05B	37.26B	37.24B	38.63B	38.34B
	Total Debt
8.00B	8.00B	8.00B	8.00B	8.00B	9.13B
	Net Debt
84.00M	-3.31B	-4.18B	-6.74B	-7.01B	-6.80B
	Total Liabilities
16.45B	15.25B	15.06B	15.16B	16.20B	17.43B
	Stockholders Equity
17.56B	15.63B	19.30B	19.52B	20.25B	19.31B
Cash Flow		Free Cash Flow
0.00	1.60B	-1.24B	809.00M	1.15B	-817.00M
	Operating Cash Flow
0.00	2.20B	1.56B	2.04B	2.00B	142.00M
	Investing Cash Flow
0.00	-1.80B	-2.87B	-1.27B	-823.00M	-920.00M
	Financing Cash Flow
0.00	-1.44B	-1.43B	-1.38B	-2.29B	615.00M

BAROQUE JAPAN LIMITED Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 789.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3548, the sentiment is Positive. The current price of 789 is above the 20-day moving average (MA) of 766.90, above the 50-day MA of 734.96, and above the 200-day MA of 733.41, indicating a bullish trend. The MACD of 15.58 indicates Negative momentum. The RSI at 64.46 is Neutral, neither overbought nor oversold. The STOCH value of 85.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3548.

BAROQUE JAPAN LIMITED Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7683	78 Outperform	¥26.17B	26.24		0.87%	7.24%	-14.39%
2726	75 Outperform	¥330.12B	26.82		1.64%	7.94%	-7.29%
7416	70 Outperform	¥11.22B	16.67		0.66%	0.61%	66.79%
3415	66 Neutral	¥16.50B	22.63		1.23%	1.11%	144.56%
Sector *	63 Neutral	$6.94B	11.34	2.80%	4.26%	2.68%	-24.70%
3548	60 Neutral	¥28.42B	―		4.82%	-3.50%	-372.92%
3189	54 Neutral	¥20.98B	40.38		―	-55.47%	―

BAROQUE JAPAN LIMITED Corporate Events

Baroque Japan Faces Disclosure Challenges with Parent Company

Baroque Japan Limited announced challenges in obtaining financial information from its non-listed parent company, Belle International Holdings Limited, after its delisting from the Hong Kong Stock Exchange. Despite efforts to comply with Tokyo Stock Exchange regulations, the lack of financial transparency could impact the company’s ability to fully disclose its financial standing, potentially affecting stakeholder confidence.

Baroque Japan Limited Clarifies Relationship with Controlling Shareholders

Baroque Japan Limited announced its relationship with controlling shareholders, particularly Belle International Holdings Limited, which holds significant influence over the company through its subsidiary, MUTUAL CROWN LIMITED. Despite Belle’s delisting from the Hong Kong Stock Exchange, Baroque Japan continues efforts to obtain financial information from Belle to comply with Tokyo Stock Exchange regulations. The partnership with Belle allows Baroque Japan to operate in China without direct competition, as their sales territories do not overlap.

Baroque Japan Limited Announces Key Personnel Changes

Baroque Japan Limited announced a series of personnel changes during a recent Board of Directors meeting. These changes, effective from May 27, 2025, and June 1, 2025, involve key positions in sales management and regional leadership, potentially impacting the company’s strategic direction and operational efficiency.

Baroque Japan Limited Announces Stable Dividend Distribution

Baroque Japan Limited has announced a resolution to distribute dividends of surplus, maintaining a dividend of 38 yen per share for the fiscal year ending February 2025. This decision aligns with the company’s policy of returning profits to shareholders through stable dividends, reflecting its commitment to shareholder value.

Baroque Japan Limited Enhances Shareholder Benefit Program

Baroque Japan Limited announced an enhancement to its shareholder benefit program, aiming to increase the attractiveness of its shares amidst rising individual investment activity due to the new NISA system. The company plans to introduce new benefits for shareholders holding 1,000 shares or more, expand benefits for those holding 500 shares or more, and implement a long-term shareholder benefit program. These changes are designed to incentivize shareholders to hold larger quantities of stock over the medium to long term, potentially strengthening the company’s market position and stakeholder relations.

Baroque Japan Limited Reports Financial Discrepancies Amidst Strategic Challenges

Baroque Japan Limited reported discrepancies between its forecasted and actual financial results for the fiscal year ending February 28, 2025. Despite a slight increase in net sales and operating profit, the company experienced a significant decline in ordinary profit and profit attributable to owners due to losses from its equity method investments, particularly in China. The company’s strategic decisions, including the scrapping of unprofitable stores and valuation losses on merchandise, impacted its financial performance, highlighting challenges in its international operations.

Baroque Japan Limited Transfers Shares of Chinese Subsidiaries to Belle International

Baroque Japan Limited has announced the transfer of shares of its subsidiaries, BAROQUE CHINA LIMITED and BAROQUE CHINA APPARELS LIMITED, to ABLE CONCORD LIMITED, a company owned by Belle International Holdings Limited. This strategic move is aimed at addressing challenges in the Chinese market due to economic slowdown and stagnant consumption, allowing for better utilization of management resources and a turnaround in the company’s China business.

BAROQUE JAPAN LIMITED Reports Decline in Financial Performance with Optimistic Forecast

BAROQUE JAPAN LIMITED reported a decrease in net sales and significant declines in operating and ordinary profits for the fiscal year ending February 28, 2025, compared to the previous year. Despite the financial downturn, the company forecasts a recovery in operating profit and ordinary profit for the next fiscal year, indicating potential improvements in its financial performance.