Fuji Latex Co., Ltd. (5199) AI Stock Analysis

• Market Cap: ¥2.70B
• Dividend Yield: 4.05%
• Average Volume (3M): 1.53K
• Price to Earnings (P/E): 9.1
• Beta (1Y): 0.23
• Revenue Growth: -4.09%
• EPS Growth: 59.57%
• Country: JP
• Employees: 278
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 45.55
• Shares Outstanding: 1,286,199
• 10 Day Avg. Volume: 2,100
• 30 Day Avg. Volume: 1,526
• PEG Ratio: 2.29
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 4.74
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: ¥2,109.00 ▲(8.10% Upside)
• Action: Downgraded Date: 10/31/25
• Date: Action: Downgraded 10/31/25

Fuji Latex Co., Ltd. receives a moderate score due to its solid valuation metrics, including a low P/E ratio and attractive dividend yield, which are significant strengths. However, the financial performance is hindered by inconsistent revenue growth and high leverage, posing risks to long-term sustainability. Technical indicators suggest a lack of strong momentum, contributing to a cautious outlook.

Positive Factors

Cash Generation Ability

Positive free cash flow growth indicates strong cash generation, supporting liquidity and enabling reinvestment in growth opportunities.

Operational Efficiency

Improving EBIT and EBITDA margins reflect operational efficiency gains, which can enhance profitability and competitive positioning over time.

Product Diversification

Diversified product offerings across multiple sectors reduce dependency on a single market, providing stability and growth potential.

Negative Factors

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder long-term planning and investment, potentially affecting market confidence and strategic initiatives.

High Leverage

High leverage increases financial risk, potentially limiting flexibility in operations and investments, and impacting long-term financial health.

Earnings Decline

A significant decline in EPS growth can indicate challenges in maintaining profitability, affecting investor confidence and capital availability.

Fuji Latex Co., Ltd. Business Overview & Revenue Model

Company Description

Fuji Latex Co., Ltd. designs, develops, and sells motion controlling devices in Japan. The company offers shock absorbers for use in industrial machines; rotary dampers to control motion; and vane dampers for use in consumer products, as well as helical vibration absorbers, small resin, plastics, and rotary damper, and gas spring; and rubber container and filling machine. It also provides healthcare products, including condoms, probe covers, balloons, and other related products. The company was formerly known as Japan Latex Industry Co., Ltd and changed its name to Fuji Latex Co., Ltd. in July 1961. Fuji Latex Co., Ltd. was incorporated in 1949 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Fuji Latex Co., Ltd. generates revenue primarily through the sale of its latex products, which include medical gloves, condoms, and other rubber items. The company operates on a business-to-business (B2B) model, supplying its products to healthcare providers, hospitals, and industrial clients. Key revenue streams include bulk sales contracts with healthcare institutions, distribution agreements with wholesalers, and partnerships with retailers for consumer products. Additionally, Fuji Latex invests in research and development to innovate and expand its product line, which helps attract new clients and retain existing ones, contributing to its overall profitability.

Fuji Latex Co., Ltd. Financial Statement Overview

Summary

Fuji Latex Co., Ltd. shows resilience with improved profitability metrics and effective cash flow management. However, challenges remain due to inconsistent revenue growth and high leverage, which could affect long-term sustainability if not addressed. The company should focus on stabilizing its revenue trajectory and reducing its debt burden to strengthen its financial position.

Income Statement

Fuji Latex Co., Ltd. demonstrates a mixed performance in profitability and revenue growth. The gross profit margin is relatively stable, and the net profit margin shows improvement after recovering from a loss in 2022. However, revenue growth is inconsistent, with a decline in the latest year. The EBIT and EBITDA margins are showing gradual improvement, indicating operational efficiency gains.

Balance Sheet

The company's balance sheet reveals moderate stability with a high debt-to-equity ratio, indicating significant leverage. Return on equity has improved but remains modest. The equity ratio suggests a balanced asset structure, but the substantial debt load poses a risk to financial stability.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow growth, despite fluctuations in operating cash flow. The operating cash flow to net income ratio is strong, reflecting efficient cash generation relative to earnings. Free cash flow to net income also indicates healthy cash management, supporting the company’s liquidity position.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	7.11B	7.20B	7.51B	8.09B	8.15B	6.85B
Gross Profit	1.59B	1.53B	1.80B	2.02B	1.82B	1.54B
EBITDA	659.72M	735.36M	741.74M	1.13B	474.14M	787.54M
Net Income	220.94M	298.16M	289.65M	517.31M	-142.79M	170.10M
Balance Sheet
Total Assets	11.26B	11.06B	11.33B	11.47B	11.81B	12.44B
Cash, Cash Equivalents and Short-Term Investments	2.36B	2.34B	1.70B	1.94B	1.91B	1.65B
Total Debt	5.17B	5.31B	5.50B	5.76B	6.37B	7.27B
Total Liabilities	7.30B	6.99B	7.47B	7.90B	8.71B	9.13B
Stockholders Equity	3.96B	4.07B	3.86B	3.58B	3.10B	3.30B
Cash Flow
Free Cash Flow	0.00	459.05M	94.61M	701.25M	1.05B	599.36M
Operating Cash Flow	0.00	633.60M	211.00M	771.64M	1.19B	705.64M
Investing Cash Flow	0.00	277.93M	-122.72M	-75.52M	-151.98M	-111.12M
Financing Cash Flow	0.00	-282.24M	-346.00M	-675.57M	-802.62M	-450.09M

Fuji Latex Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1951.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5199, the sentiment is Positive. The current price of 1951 is below the 20-day moving average (MA) of 2049.75, below the 50-day MA of 2008.98, and above the 200-day MA of 1948.40, indicating a bullish trend. The MACD of 27.44 indicates Negative momentum. The RSI at 65.15 is Neutral, neither overbought nor oversold. The STOCH value of 47.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5199.

Fuji Latex Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5122	71 Outperform	¥104.71B	20.15	―	2.25%	-1.95%	-1.37%
4008	70 Outperform	¥98.75B	23.17	―	3.74%	-0.68%	-9.93%
4612	69 Neutral	¥2.72T	15.09	10.44%	1.52%	9.81%	32.64%
6988	68 Neutral	¥2.35T	18.48	11.98%	1.54%	1.84%	-6.57%
4990	68 Neutral	¥5.97B	9.18	―	1.22%	0.80%	63.33%
5199	64 Neutral	¥2.70B	9.10	―	4.05%	-4.09%	59.57%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%