Matsuoka Corp. Ltd. (3611) AI Stock Analysis

• Market Cap: ¥18.68B
• Dividend Yield: 4.94%
• Average Volume (3M): 26.13K
• Price to Earnings (P/E): 6.9
• Beta (1Y): 0.90
• Revenue Growth: 17.29%
• EPS Growth: 5.46%
• Country: JP
• Employees: 17,278
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Manufacturers
• EPS (TTM): 49.38
• Shares Outstanding: 10,532,600
• 10 Day Avg. Volume: 19,070
• 30 Day Avg. Volume: 26,126
• PEG Ratio: 0.04
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.04
• 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: 74 Outperform
• Price Target: ¥2,009.00 ▲(10.26%Upside)

Matsuoka Corp. Ltd. is favorably positioned with robust revenue growth and an attractive valuation, supported by solid technical indicators. However, the company faces operational efficiency and cash flow challenges that require attention to sustain long-term growth. The lack of new corporate events and earnings call data limits further analysis.

Matsuoka Corp. Ltd. Business Overview & Revenue Model

Company Description

Matsuoka Corporation engages in planning, manufacturing, and selling apparel products in Japan and internationally. The company is involved in sewing formal, casual, work, and inner wear. It also develops and processes fabrics. The company was founded in 1956 and is headquartered in Fukuyama, Japan.

How the Company Makes Money

Matsuoka Corp. Ltd. generates revenue through a diversified business model centered around the apparel industry. The company makes money by designing and manufacturing clothing products that are sold to both domestic and international markets. It engages in direct sales, as well as through strategic partnerships with renowned fashion brands, acting as an original equipment manufacturer (OEM) and original design manufacturer (ODM). This allows the company to leverage its expertise in textile production and innovation to create custom apparel solutions tailored to brand specifications. Additionally, Matsuoka Corp. Ltd. benefits from economies of scale, efficient production processes, and a robust supply chain network, enhancing its profitability and competitive advantage in the global market.

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. The company's stable equity ratio and manageable debt-to-equity ratio are positives, yet cash generation efficiency needs improvement.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
68.20B	70.58B	60.18B	62.78B	51.06B	53.93B
	Gross Profit
6.71B	6.59B	6.48B	5.79B	4.77B	8.89B
	EBIT
585.00M	435.00M	792.00M	67.00M	181.00M	4.56B
	EBITDA
3.10B	6.58B	6.60B	1.91B	1.47B	5.80B
	Net Income Common Stockholders
2.64B	2.60B	2.46B	1.68B	559.00M	2.76B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
20.84B	20.15B	18.00B	15.06B	15.84B	13.11B
	Total Assets
70.24B	72.45B	65.70B	59.30B	51.88B	43.00B
	Total Debt
16.40B	15.74B	14.35B	14.52B	9.24B	5.60B
	Net Debt
-4.44B	-4.41B	-3.65B	-547.00M	-6.60B	-7.51B
	Total Liabilities
32.81B	31.92B	29.64B	26.99B	22.44B	16.44B
	Stockholders Equity
34.63B	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: Neutral
• Last Price: 1822.00
• 50DMA: Positive
• 100DMA: Negative
• 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 Neutral. The current price of 1822 is above the 20-day moving average (MA) of 1817.30, above the 50-day MA of 1760.06, and above the 200-day MA of 1763.19, indicating a neutral trend. The MACD of 9.54 indicates Positive momentum. The RSI at 45.03 is Neutral, neither overbought nor oversold. The STOCH value of 32.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	74 Outperform	¥18.68B	6.89		4.94%	17.29%	5.46%
Sector *	62 Neutral	$6.90B	11.05	2.80%	4.27%	2.67%	-24.92%
LOO		€106.90M	10.07	4.49%	4.56%	―	―
7460	79 Outperform	¥19.18B	7.29		3.88%	0.64%	25.70%
8118	74 Outperform	¥14.13B	17.14		2.28%	-4.57%	38.87%
3501	59 Neutral	¥15.64B	28.94		1.79%	-0.13%	-103.88%
3529	53 Neutral	¥17.98B	20.09		―	3.16%	-128.25%

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.