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Miyoshi Oil & Fat Co., Ltd.
(4404)
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Rating:69Neutral
Price Target:
¥2,002.00
▼(-7.40% Downside)
Action:Downgraded
Date:02/18/26
The score is driven primarily by improving financial performance (revenue growth, profitability rebound, and a stronger balance sheet) and very attractive valuation (low P/E with a solid dividend yield). The main constraints are weak/volatile cash conversion (negative 2025 free cash flow) and mixed short-term technical momentum despite an overall longer-term uptrend.
Positive Factors
Revenue Growth
Sustained revenue growth from 2020–2025 suggests stable underlying demand, successful pricing or market-share expansion across food, cosmetics and industrial end markets. This durable top-line momentum supports reinvestment capacity and underpins longer-term earnings potential if product mix remains favorable.
Negative Factors
Volatile Cash Conversion
Despite operating cash returning after 2022, volatile free cash flow and a negative 2025 FCF show earnings haven’t consistently converted to cash. This undermines internal funding for dividends, capex, and working capital and increases reliance on external financing during downturns or investment cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue growth from 2020–2025 suggests stable underlying demand, successful pricing or market-share expansion across food, cosmetics and industrial end markets. This durable top-line momentum supports reinvestment capacity and underpins longer-term earnings potential if product mix remains favorable.
Read all positive factors
Miyoshi Oil & Fat Co., Ltd. (4404) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥18.66B
Dividend Yield2.54%
Average Volume (3M)63.30K
Price to Earnings (P/E)1.9
Beta (1Y)0.68
Revenue Growth5.51%
EPS Growth386.06%
CountryJP
Employees577
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)897.77
Shares Outstanding10,306,895
10 Day Avg. Volume78,640
30 Day Avg. Volume63,296
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.55
Price to Sales (P/S)0.40
P/FCF Ratio-8.30
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
Miyoshi Oil & Fat Co., Ltd. Business Overview & Revenue Model
Company Description
Miyoshi Oil & Fat Co., Ltd., established in 1921 and headquartered in Tokyo, Japan, operates as a significant manufacturer and distributor of both food and industrial oil-based products across the country. Its comprehensive selection of food items...
How the Company Makes Money
Miyoshi Oil & Fat Co., Ltd. primarily makes money by manufacturing and selling processed oils/fats and related functional materials to business customers (B2B). Revenue is generated through product sales where the company (1) procures raw material...
Miyoshi Oil & Fat Co., Ltd. Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
74
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 58.04B | 59.47B | 57.03B | 56.24B | 52.74B | 47.48B |
| Gross Profit | 10.71B | 11.27B | 11.63B | 9.63B | 5.09B | 7.15B |
| EBITDA | 15.53B | 3.65B | 6.00B | 4.79B | 1.48B | 2.73B |
| Net Income | 9.16B | 9.62B | 2.82B | 2.08B | -267.00M | 677.00M |
Balance Sheet | ||||||
| Total Assets | 86.71B | 84.16B | 72.71B | 62.44B | 58.67B | 52.62B |
| Cash, Cash Equivalents and Short-Term Investments | 19.30B | 9.67B | 7.07B | 6.11B | 4.96B | 5.53B |
| Total Debt | 21.17B | 15.09B | 20.09B | 11.68B | 12.47B | 9.25B |
| Total Liabilities | 47.27B | 41.49B | 41.64B | 34.19B | 34.10B | 27.33B |
| Stockholders Equity | 39.39B | 42.63B | 31.03B | 28.21B | 24.52B | 25.26B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -2.84B | 347.00M | 1.84B | -4.93B | 978.00M |
| Operating Cash Flow | 0.00 | 2.35B | 3.28B | 3.72B | -3.56B | 3.35B |
| Investing Cash Flow | 0.00 | 5.31B | -2.52B | -1.49B | 176.00M | -1.44B |
| Financing Cash Flow | 0.00 | -5.22B | 196.00M | -1.07B | 2.81B | -1.24B |
Miyoshi Oil & Fat Co., Ltd. Technical Analysis
Neutral
2162.00
Price Trends
1974.54
Negative
2152.94
Negative
2181.88
Negative
Market Momentum
-42.69
Negative
40.76
Neutral
61.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4404, the sentiment is Neutral. The current price of 2162 is above the 20-day moving average (MA) of 1814.10, above the 50-day MA of 1974.54, and below the 200-day MA of 2181.88, indicating a neutral trend. The MACD of -42.69 indicates Negative momentum. The RSI at 40.76 is Neutral, neither overbought nor oversold. The STOCH value of 61.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4404.
Miyoshi Oil & Fat Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥51.27B | 18.56 | ― | 2.55% | 1.47% | 15.57% | |
71 Outperform | ¥606.90B | 26.11 | 9.28% | 1.30% | 5.86% | -17.47% | |
69 Neutral | ¥18.66B | 1.91 | ― | 2.54% | 5.51% | 386.06% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
60 Neutral | ¥173.02B | 7.29 | 12.56% | 3.44% | 4.40% | 89.96% | |
58 Neutral | ¥340.24B | 30.54 | ― | 1.45% | 15.06% | 399.51% | |
58 Neutral | ¥67.44B | 14.24 | ― | 3.77% | -1.82% | -32.13% |
* Consumer Defensive Sector Average
JP:4404
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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.