Maruwa Co (5344) AI Stock Analysis

• Market Cap: ¥939.76B
• Dividend Yield: 0.23%
• Average Volume (3M): 165.71K
• Price to Earnings (P/E): 35.9
• Beta (1Y): 1.30
• Revenue Growth: 3.66%
• EPS Growth: -5.60%
• Country: JP
• Employees: 1,380
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 1508.77
• Shares Outstanding: 12,372,000
• 10 Day Avg. Volume: 107,890
• 30 Day Avg. Volume: 165,706
• PEG Ratio: -6.40
• Price to Book (P/B): 4.42
• Price to Sales (P/S): 8.75
• P/FCF Ratio: -117.58
• 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: ¥67,000.00
• Price Target Upside: -3.60% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 2,162.2
• Revenue Forecast (FY): ¥90.92B

• Rating: 77 Outperform
• Price Target: ¥86,453.00 ▲(24.39% Upside)
• Action: Reiterated
• Date: 05/09/26

Positive Factors

Balance sheet strength

Minimal-to-zero debt and a steadily expanding asset/equity base provide lasting financial flexibility. This conservatism reduces default and refinancing risk, supports counter-cyclical investment, and preserves capacity for capex, R&D or opportunistic M&A over the next several months to years.

Negative Factors

Negative free cash flow

A shift to negative free cash flow despite reported profitability signals cash-conversion strain from capex or working capital. If persistent, it can force external financing, constrain dividends or limit reinvestment flexibility, undermining the company's self-funding advantage over the medium term.

Maruwa Co Business Overview & Revenue Model

Company Description

Maruwa Co., Ltd. produces and sells ceramics and electronic parts in Japan. The company offers ceramics, including ceramic substrates and fillers, metalized/multilayer ceramic substrates, and pressed ceramic products, as well as ceramic hermetic s...

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Maruwa Co., Ltd. produces and sells ceramics and electronic parts in Japan. The company offers ceramics, including ceramic substrates and fillers, metalized/multilayer ceramic substrates, and pressed ceramic products, as well as ceramic hermetic s...

How the Company Makes Money

Maruwa generates revenue primarily by manufacturing and selling ceramic-based products to corporate customers (e.g., electronics, semiconductor, and industrial equipment manufacturers). Its core revenue streams typically include: (1) sales of cera...

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Maruwa generates revenue primarily by manufacturing and selling ceramic-based products to corporate customers (e.g., electronics, semiconductor, and industrial equipment manufacturers). Its core revenue streams typically include: (1) sales of cera...

Maruwa Co Financial Statement Overview

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	72.86B	74.48B	71.85B	61.56B	58.80B	54.34B
Gross Profit	39.97B	39.16B	38.60B	30.14B	29.83B	26.76B
EBITDA	32.07B	30.31B	31.60B	23.94B	23.23B	20.79B
Net Income	18.62B	18.16B	19.24B	15.22B	15.02B	13.35B
Balance Sheet
Total Assets	141.28B	162.69B	142.28B	122.52B	108.03B	95.90B
Cash, Cash Equivalents and Short-Term Investments	69.69B	67.19B	71.79B	55.25B	49.80B	44.62B
Total Debt	0.00	0.00	0.00	400.00M	733.00M	1.70B
Total Liabilities	9.81B	15.43B	14.43B	13.31B	13.81B	16.22B
Stockholders Equity	131.47B	147.26B	127.85B	109.20B	94.22B	79.68B
Cash Flow
Free Cash Flow	0.00	-5.54B	15.37B	5.97B	6.95B	11.02B
Operating Cash Flow	0.00	16.93B	25.35B	17.22B	15.65B	14.76B
Investing Cash Flow	0.00	-21.76B	-7.68B	-10.81B	-8.76B	-3.52B
Financing Cash Flow	0.00	-1.22B	-1.51B	-1.36B	-1.88B	-1.13B

Maruwa Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 69500.00
• 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:5344, the sentiment is Positive. The current price of 69500 is below the 20-day moving average (MA) of 72240.00, above the 50-day MA of 65679.11, and above the 200-day MA of 50309.82, indicating a bullish trend. The MACD of 2232.34 indicates Negative momentum. The RSI at 57.74 is Neutral, neither overbought nor oversold. The STOCH value of 55.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5344.

Maruwa Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6806	81 Outperform	¥814.20B	20.33	8.07%	2.85%	11.53%	1.60%
5344	77 Outperform	¥939.76B	35.87	13.15%	0.23%	3.66%	-5.60%
6981	72 Outperform	¥14.90T	20.30	8.95%	1.88%	5.02%	2.02%
6762	67 Neutral	¥6.88T	64.56	―	1.41%	13.61%	17.01%
6976	63 Neutral	¥1.44T	53.01	―	2.57%	4.07%	533.21%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6807	55 Neutral	¥169.39B	15.01	5.91%	2.39%	2.81%	-39.05%

Maruwa Co Corporate Events