Shinagawa Refractories Co., Ltd. (JP:5351)
:5351
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Shinagawa Refractories Co., Ltd.
(5351)
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Select Model
Rating:80Outperform
Price Target:
¥2,614.00
▲(23.59% Upside)
Action:ReiteratedDate:12/13/25
Shinagawa Refractories Co., Ltd. scores well due to its strong financial performance and robust technical indicators. The stock's attractive valuation, with a low P/E ratio and high dividend yield, further enhances its investment appeal. While financial health is solid, attention to leverage and net income fluctuations is recommended. The absence of earnings call data and corporate events does not impact the score.
Positive Factors
Consistent revenue growth
Sustained revenue growth indicates expanding end-market penetration and recurring replacement demand for refractories. Over 2-6 months this supports predictable top-line cash generation tied to relining cycles and service contracts, enabling reinvestment and long-term planning.
Negative Factors
Increasing leverage
Rising debt-to-equity and a declining equity ratio increase financial risk and limit flexibility to fund opportunistic investments or weather downturns; higher interest burden can compress net income and constrain capital allocation over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Sustained revenue growth indicates expanding end-market penetration and recurring replacement demand for refractories. Over 2-6 months this supports predictable top-line cash generation tied to relining cycles and service contracts, enabling reinvestment and long-term planning.
Read all positive factors
Shinagawa Refractories Co., Ltd. (5351) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥98.33B
Dividend Yield4.28%
Average Volume (3M)51.70K
Price to Earnings (P/E)0.9
Beta (1Y)1.02
Revenue Growth12.87%
EPS Growth-13.69%
CountryJP
Employees3,373
SectorIndustrials
Sector Strength72
IndustryConstruction
Share Statistics
EPS (TTM)562.07
Shares Outstanding47,146,830
10 Day Avg. Volume51,830
30 Day Avg. Volume51,699
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)0.87
Price to Sales (P/S)0.54
P/FCF Ratio10.64
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
Shinagawa Refractories Co., Ltd. Business Overview & Revenue Model
Company Description
Shinagawa Refractories Co., Ltd. manufactures and sells refractory products in Japan. It offers shaped refractory bricks, including basic, carbon-containing, fire clay and high alumina, silicon carbide, and silica bricks; monolithic refractories c...
How the Company Makes Money
Shinagawa Refractories generates revenue mainly by supplying refractories and related services required to build, operate, and maintain high-temperature industrial facilities. (1) Product sales: The core revenue stream is the sale of refractory ma...
Shinagawa Refractories Co., Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 148.47B | 144.07B | 144.18B | 124.96B | 110.78B | 99.97B |
| Gross Profit | 36.92B | 35.14B | 33.03B | 27.41B | 24.56B | 19.95B |
| EBITDA | 18.45B | 20.25B | 26.64B | 13.78B | 12.19B | 9.87B |
| Net Income | 8.62B | 9.78B | 15.28B | 8.31B | 5.31B | 2.11B |
Balance Sheet | ||||||
| Total Assets | 213.78B | 195.21B | 155.14B | 143.90B | 119.71B | 110.20B |
| Cash, Cash Equivalents and Short-Term Investments | 26.15B | 26.74B | 21.38B | 18.32B | 16.89B | 15.72B |
| Total Debt | 75.23B | 61.92B | 28.08B | 34.30B | 22.85B | 13.68B |
| Total Liabilities | 120.68B | 101.38B | 68.17B | 72.47B | 56.47B | 39.87B |
| Stockholders Equity | 87.76B | 89.00B | 83.42B | 68.11B | 60.17B | 60.68B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 7.26B | 6.05B | 3.65B | 5.96B | 5.01B |
| Operating Cash Flow | 0.00 | 13.10B | 11.75B | 10.28B | 9.49B | 9.33B |
| Investing Cash Flow | 0.00 | -29.83B | 2.58B | -15.95B | -5.17B | -4.01B |
| Financing Cash Flow | 0.00 | 22.00B | -11.49B | 6.84B | -3.35B | -2.41B |
Shinagawa Refractories Co., Ltd. Technical Analysis
Positive
2115.00
Price Trends
2193.55
Negative
2095.79
Positive
1919.97
Positive
Market Momentum
-28.81
Negative
46.79
Neutral
64.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5351, the sentiment is Positive. The current price of 2115 is above the 20-day moving average (MA) of 2105.35, below the 50-day MA of 2193.55, and above the 200-day MA of 1919.97, indicating a neutral trend. The MACD of -28.81 indicates Negative momentum. The RSI at 46.79 is Neutral, neither overbought nor oversold. The STOCH value of 64.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5351.
Shinagawa Refractories Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥98.33B | 0.94 | ― | 4.28% | 12.87% | -13.69% | |
79 Outperform | ¥643.72B | 13.13 | ― | 2.13% | 15.98% | 82.99% | |
76 Outperform | ¥221.44B | 14.34 | 8.53% | 2.45% | 5.14% | -10.92% | |
76 Outperform | ¥17.30B | 7.85 | ― | 2.81% | 0.23% | -8.64% | |
75 Outperform | ¥144.32B | 9.90 | ― | 1.92% | 12.72% | 28.48% | |
74 Outperform | ¥26.02B | 11.95 | ― | 7.56% | 8.01% | 13.19% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
JP:5351
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Shinagawa Refractories Co., Ltd. Corporate Events
Shinagawa Refractories to Sell Rental Assets, Book ¥2.4 Billion Extraordinary Gain
Mar 5, 2026
Shinagawa Refractories Co., Ltd. has decided to sell two rental properties in Tokyo and Saitama, aiming to strengthen its balance sheet and secure capital for investment toward sustainable growth. The assets, comprising land and buildings in Setag...
Shinagawa Refractories to Relocate Australian Kwinana Plant After Compulsory Land Acquisition
Feb 19, 2026
Shinagawa Refractories will relocate its Australian subsidiary’s Kwinana Plant after agreeing to a compulsory land acquisition by the Western Australian government, which needs the site for road access to a planned new container port. The pl...
Shinagawa Refractories Posts Profit Surge and Lifts Full-Year Outlook on Strong Nine-Month Results
Feb 5, 2026
Shinagawa Refractories reported strong consolidated results for the nine months ended December 31, 2025, with net sales rising 23.7% year-on-year to ¥130.0 billion and EBITDA up 19.0%, while operating income slipped 10.0%. Net income attribut...
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.