Matsuoka Corp. Ltd. (3611) AI Stock Analysis

• Market Cap: ¥20.19B
• Dividend Yield: 4.57%
• Average Volume (3M): 24.81K
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.89
• Revenue Growth: 17.07%
• EPS Growth: -18.86%
• Country: JP
• Employees: 17,278
• Sector: Consumer Cyclical
• Sector Strength: 83
• Industry: Apparel - Manufacturers
• EPS (TTM): 32.30
• Shares Outstanding: 10,533,600
• 10 Day Avg. Volume: 18,810
• 30 Day Avg. Volume: 24,806
• 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: ¥2,058.00
• Price Target Upside: 4.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ¥2,058.00 ▲(4.52% Upside)

Matsuoka Corp. Ltd. receives a strong overall score due to its attractive valuation and positive technical indicators. Despite operational efficiency and cash flow challenges highlighted in the financial performance, the stock's low P/E ratio and high dividend yield provide a compelling investment proposition. The lack of guidance or sentiment data from the earnings call means our analysis heavily relies on the current financial and market data.

Matsuoka Corp. Ltd. Business Overview & Revenue Model

Company Description

Matsuoka Corp. Ltd. (3611) is a Japanese company specializing in the manufacturing and distribution of apparel. The company is involved in the design, production, and sale of a wide range of clothing products, including casual wear, formal wear, and uniforms. Matsuoka Corp. serves various sectors, including retail and corporate clients, and emphasizes quality and innovative design in its offerings.

How the Company Makes Money

Matsuoka Corp. Ltd. generates revenue primarily through the sale of its apparel products. The company designs and manufactures clothing items that are sold to retailers, corporate clients, and sometimes directly to consumers. Key revenue streams include wholesale distribution to retail partners, direct sales through its own channels, and contracts for producing uniforms or specialized clothing for businesses. Matsuoka Corp. may also form strategic partnerships with fashion brands or other companies to expand its market reach and enhance its product offerings. The company's profitability is influenced by factors such as production efficiency, cost management, market trends in fashion, and the strength of its distribution networks.

Matsuoka Corp. Ltd. Financial Statement Overview

Summary

Matsuoka Corp. Ltd. shows strong revenue growth and a stable financial structure, but faces challenges with declining operational margins and free cash flow. Monitoring operational performance and cash flow management is essential for sustaining growth and financial health.

Income Statement

Matsuoka Corp. Ltd. demonstrated a positive revenue growth of 17.28% from 2024 to 2025, indicating strong sales performance. The gross profit margin for 2025 was 9.34%, while the net profit margin was 3.68%, reflecting moderate profitability. EBIT margin decreased significantly compared to previous years, suggesting potential operational challenges. Overall, the income statement shows solid growth but with some pressure on operational efficiency.

Balance Sheet

The company maintains a healthy equity ratio of 51.85% in 2025, indicating financial stability. The debt-to-equity ratio increased to 0.42, which remains manageable but reflects a slight rise in leverage. Return on equity was 6.92%, showing satisfactory returns to shareholders. The balance sheet is stable, though increased debt warrants cautious monitoring.

Cash Flow

Free cash flow experienced a significant decline from 2024 to 2025, decreasing by 79.19%, which raises concerns about cash generation capabilities. The operating cash flow to net income ratio of 1.05 in 2025 is acceptable but lower than previous periods, indicating reduced cash flow efficiency. The company's ability to generate cash remains a concern despite positive operating cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	70.58B	70.58B	60.18B	62.78B	51.06B	53.93B
Gross Profit	6.59B	6.59B	6.48B	5.79B	4.77B	8.89B
EBITDA	3.64B	6.58B	6.60B	4.89B	2.49B	5.42B
Net Income	2.60B	2.60B	2.46B	1.68B	559.00M	2.76B
Balance Sheet
Total Assets	72.45B	72.45B	65.70B	59.30B	51.88B	43.00B
Cash, Cash Equivalents and Short-Term Investments	20.15B	20.15B	18.00B	15.06B	15.84B	13.11B
Total Debt	15.74B	15.74B	14.35B	14.52B	9.24B	5.60B
Total Liabilities	31.92B	31.92B	29.64B	26.99B	22.44B	16.44B
Stockholders Equity	37.56B	37.56B	33.26B	29.47B	26.85B	24.06B
Cash Flow
Free Cash Flow	0.00	601.00M	2.89B	-6.82B	-1.75B	4.30B
Operating Cash Flow	0.00	2.72B	5.41B	-506.00M	821.00M	6.65B
Investing Cash Flow	0.00	-2.03B	-2.58B	-6.20B	-2.81B	-341.00M
Financing Cash Flow	0.00	705.00M	-753.00M	4.91B	3.15B	-2.35B

Matsuoka Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1969.00
• 50DMA: Positive
• 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:3611, the sentiment is Positive. The current price of 1969 is above the 20-day moving average (MA) of 1944.35, above the 50-day MA of 1876.06, and above the 200-day MA of 1821.04, indicating a bullish trend. The MACD of 19.80 indicates Positive momentum. The RSI at 64.79 is Neutral, neither overbought nor oversold. The STOCH value of 37.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3611.

Matsuoka Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3611	75 Outperform	¥20.19B	9.22		4.57%	17.07%	-18.86%
Sector *	61 Neutral	$17.99B	12.87	-3.58%	2.97%	1.27%	-14.28%
LOO	―	€119.21M	10.52	4.87%	―	―	―
7460	80 Outperform	¥26.66B	9.72		2.79%	0.69%	29.02%
8118	76 Outperform	¥15.62B	18.38		2.07%	-4.20%	64.56%
3501	66 Neutral	¥16.89B	24.04		2.49%	1.27%	-43.61%
3529	46 Neutral	¥18.14B	20.09		―	3.72%	-160.46%

Matsuoka Corp. Ltd. Corporate Events

Matsuoka Corporation Corrects Dividend Payment Date

Matsuoka Corporation has announced a correction to its previously released consolidated financial results for the fiscal year ended March 31, 2025. The correction pertains to the scheduled date for the commencement of dividend payments, which has been adjusted from June 28, 2025, to June 30, 2025. This correction ensures accurate financial reporting and maintains transparency with stakeholders.

Matsuoka Corp. Ltd. Reports Mixed FY 2025 Financial Results with Increased Sales and Dividends

Matsuoka Corp. Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a 17.3% increase in sales to 70,579 million yen. Despite the rise in sales, operating income decreased by 45.3% to 433 million yen, while profit attributable to owners of the parent increased by 5.8% to 2,600 million yen. The company announced a significant increase in its annual dividend per share from 50 yen to 90 yen, indicating a stronger return to shareholders. The financial results suggest a mixed performance with improved sales and dividends but challenges in operating income, impacting its overall industry positioning and stakeholder expectations.