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Milbon Co
(4919)
Milbon Co (4919) vs. iShares MSCI Japan ETF (EWJ)
Milbon Co Business Overview & Revenue Model
Milbon Co Earnings Call Summary
Milbon Co Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.60B | 52.86B | 51.32B | 47.76B | 45.24B | 41.58B |
| Gross Profit | 32.34B | 33.18B | 32.60B | 29.53B | 29.51B | 27.50B |
| EBITDA | 6.92B | 7.75B | 9.11B | 7.80B | 9.63B | 9.60B |
| Net Income | 3.16B | 3.44B | 5.02B | 4.00B | 5.58B | 5.11B |
Balance Sheet | ||||||
| Total Assets | 55.96B | 57.80B | 58.90B | 53.39B | 52.76B | 48.24B |
| Cash, Cash Equivalents and Short-Term Investments | 11.73B | 11.82B | 13.83B | 11.34B | 12.30B | 13.55B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 8.48B | 8.74B | 10.08B | 7.46B | 8.77B | 8.04B |
| Stockholders Equity | 47.48B | 49.06B | 48.82B | 45.93B | 43.99B | 40.20B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 2.44B | 5.43B | 1.56B | 1.19B | 2.15B |
| Operating Cash Flow | 0.00 | 5.38B | 7.63B | 4.77B | 5.01B | 6.64B |
| Investing Cash Flow | 0.00 | -3.01B | -2.53B | -3.11B | -3.87B | -4.00B |
| Financing Cash Flow | 0.00 | -4.87B | -2.86B | -2.80B | -2.58B | -1.92B |
Milbon Co Technical Analysis
Milbon Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥161.05B | 19.22 | ― | 5.00% | 1.41% | 0.75% | |
71 Outperform | ¥89.11B | 26.45 | 6.83% | 3.53% | 3.05% | -32.61% | |
70 Outperform | ¥3.02T | 25.64 | 11.70% | 2.41% | 4.62% | 47.68% | |
69 Neutral | ¥355.71B | 23.54 | 2.72% | 2.61% | 1.37% | -5.60% | |
63 Neutral | ¥145.07B | 67.36 | 2.73% | 1.45% | 3.95% | -25.42% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
58 Neutral | ¥1.32T | -32.41 | ― | 2.11% | -1.20% | -2896.72% |
Milbon Co Corporate Events
Milbon Co., Ltd. plans to amend its Articles of Incorporation, notably shortening directors’ terms from two years to one year, in a move aimed at clarifying management responsibilities and enabling faster responses to shifts in the business environment. The changes, to be proposed at the 66th Annual General Meeting of Shareholders on March 27, 2026, also realign governance by introducing a delegated executive officer system, revising the role of the representative director as meeting chair, and clarifying rules for appointing substitute Audit & Supervisory Board members, signaling a broader push to separate supervision from execution and improve decision-making efficiency.
The company’s shift from an employment-based executive officer framework to a delegated executive officer model is designed to strengthen oversight while accelerating operational execution. By tightening director terms and codifying contingencies for auditor shortages, Milbon is seeking to bolster its corporate governance resilience, which may be viewed positively by shareholders focused on agility, accountability, and compliance in Japan’s evolving governance landscape.
The most recent analyst rating on (JP:4919) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co., Ltd. plans to change its independent auditor, proposing Ernst & Young ShinNihon LLC to replace long-time auditor GYOSEI & CO. at its 66th Annual General Meeting of Shareholders scheduled for March 27, 2026. The move reflects Milbon’s desire for a fresh audit perspective and better alignment with its evolving management structure and global business expansion.
The Audit & Supervisory Board judged Ernst & Young ShinNihon LLC to be the most suitable candidate, citing its global network, expertise, independence, quality control framework, and appropriate fee structure for Milbon’s scale. While affirming that GYOSEI & CO. has maintained an adequate audit framework over its 34-year substantial tenure, the company believes the switch will strengthen governance and support its medium- to long-term effort to enhance corporate value.
The most recent analyst rating on (JP:4919) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co., Ltd. released its consolidated financial results for fiscal year 2025, covering the period ending December 31, 2025, along with regional performance data and targets for fiscal 2026. The disclosure outlines initiatives planned for 2026 and provides an overview of the company, signaling a structured roadmap for operational execution and regional growth management.
By presenting detailed regional results and explicit targets for the next fiscal year, Milbon aims to clarify its performance trajectory and strategic priorities for stakeholders. The inclusion of planned initiatives and a company overview suggests a focus on transparency and longer-term positioning in the competitive beauty and personal care market.
The most recent analyst rating on (JP:4919) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co. reported consolidated net sales of ¥52.86 billion for the year ended December 31, 2025, up 3.0% year on year, but operating income fell 17.4% to ¥5.65 billion and profit attributable to owners of parent slid 31.5% to ¥3.44 billion. Despite weaker profitability, the company maintained a high equity ratio of 84.9%, kept its annual dividend unchanged at ¥88 per share with a higher payout ratio, and ended the year with cash and cash equivalents of ¥11.51 billion amid lower operating cash flow.
For 2026, Milbon forecasts a modest recovery with net sales expected to rise 3.7% to ¥54.8 billion and profit attributable to owners of parent projected to increase 25.1% to ¥4.3 billion, implying a rebound in margins. The company plans to maintain its current dividend level while targeting improved earnings and operating efficiency, signaling confidence in its medium-term demand outlook despite recent profit pressure.
The most recent analyst rating on (JP:4919) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co., Ltd. has corrected a previous disclosure regarding the appointment of a temporary Audit and Supervisory Board member, clarifying that a proposal will be submitted at the March 2026 Annual General Meeting of Shareholders to appoint Daisuke Umemoto as an Outside Audit and Supervisory Board Member, rather than as an Outside Director. The company stated that the change was necessary due to a clerical error in the earlier announcement, underscoring that the governance-related appointment remains on track while ensuring the accuracy of its corporate disclosure to stakeholders and regulators.
The most recent analyst rating on (JP:4919) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon has filled a legal vacancy on its Audit and Supervisory Board following the death of outside member Takashi Hirano, with the Osaka District Court appointing attorney Daisuke Umemoto as a Temporary Audit and Supervisory Board Member effective December 23, 2025. Umemoto, an experienced lawyer who serves as an audit and supervisory board member at Corning Japan and Corning International, will serve in this temporary role until Milbon’s March 2026 annual general meeting, where shareholders are scheduled to vote on a permanent replacement and on a proposal to appoint him as an Outside Director, helping to maintain governance continuity and oversight during the transition period.
The most recent analyst rating on (JP:4919) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co., Ltd. has announced its decision to file a petition for the appointment of Mr. Daisuke Umemoto as a temporary Audit and Supervisory Board Member, following the vacancy left by the passing of Mr. Takashi Hirano. This move is intended to ensure the continuity and integrity of the company’s audit and supervisory functions, which are crucial for maintaining stakeholder confidence and compliance with legal requirements.
The most recent analyst rating on (JP:4919) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co., Ltd. has announced a decision by its Board of Directors to cancel 811,700 of its treasury shares, which constitutes 2.45% of its total issued shares, effective December 26, 2025. This move is likely aimed at optimizing the company’s capital structure and could have implications for shareholder value and market perception.
The most recent analyst rating on (JP:4919) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.
Milbon Co., Ltd. announced the passing of Mr. Takashi Hirano, an Audit and Supervisory Board Member, on December 2, 2025. This unfortunate event leaves a vacancy on the board, and the company plans to petition the court for the appointment of a temporary member, ensuring continued compliance and governance.
The most recent analyst rating on (JP:4919) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.