Mino Ceramic Co., Ltd. (5356) AI Stock Analysis

• Market Cap: ¥13.23B
• Dividend Yield: 3.03%
• Average Volume (3M): 19.26K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.29
• Revenue Growth: 9.24%
• EPS Growth: 12.50%
• Country: JP
• Employees: 331
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 25.48
• Shares Outstanding: 12,909,828
• 10 Day Avg. Volume: 13,180
• 30 Day Avg. Volume: 19,260
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥1,310.00
• Price Target Upside: 1.47% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 80 Outperform
• Price Target: ¥1,310.00 ▲(1.47% Upside)

Mino Ceramic Co., Ltd. is well-positioned with strong financial performance and attractive valuation. The technical indicators suggest bullish momentum, though caution is warranted due to potential overbought conditions. The lack of current earnings call data means the evaluation relies on fundamental and technical analysis.

Mino Ceramic Co., Ltd. Business Overview & Revenue Model

Company Description

Mino Ceramic Co., Ltd. (5356) is a company engaged in the production and distribution of ceramic products. It operates in the ceramics sector, offering a wide range of products including tableware, tiles, and various ceramic materials. The company is known for its innovative designs and high-quality products that cater to both domestic and international markets.

How the Company Makes Money

Mino Ceramic Co., Ltd. generates revenue primarily through the sale of its ceramic products. The company's key revenue streams include the sale of tableware and tiles to both individual consumers and businesses. It also engages in business-to-business transactions, supplying ceramic materials to other manufacturers. Additionally, Mino Ceramic Co., Ltd. benefits from strategic partnerships with distributors and retailers, expanding its market reach. Export activities also contribute significantly to its earnings, as it taps into international markets with a demand for quality ceramics.

Mino Ceramic Co., Ltd. Financial Statement Overview

Summary

Mino Ceramic Co., Ltd. shows strong financial health with robust revenue growth and improved profitability margins. The balance sheet is solid with low leverage and effective equity utilization. Cash flow management is strong despite a decline in free cash flow growth, indicating a need for better capital allocation.

Income Statement

Mino Ceramic Co., Ltd. demonstrates strong revenue growth with increasing gross and net profit margins. The company achieved a revenue growth rate of 6.36% from 2024 to 2025, and gross profit margin improved to 26.62% in 2025 from 26.01% in 2024. The net profit margin also increased to 8.08% from 7.45% in the same period. However, EBIT and EBITDA margins exhibit moderate improvement, suggesting room for operational efficiency enhancements.

Balance Sheet

The company maintains a robust balance sheet with a healthy equity ratio of 68.00% and a low debt-to-equity ratio of 0.10 in 2025, indicating strong financial stability and low leverage. Return on equity is impressive at 8.39%, showing effective use of shareholder funds. However, the slight increase in total debt from previous years suggests caution in debt management.

Cash Flow

Mino Ceramic Co., Ltd. showcases strong cash flow management with a high operating cash flow to net income ratio of 0.99. The free cash flow to net income ratio is 0.51, indicating a stable conversion of earnings to cash. However, the free cash flow growth rate decreased significantly from 2024 to 2025, highlighting potential inefficiencies in capital expenditure.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.06B	15.06B	14.16B	14.61B	12.41B	11.84B
Gross Profit	4.02B	4.01B	3.68B	3.79B	3.10B	3.13B
EBITDA	2.03B	2.13B	1.98B	1.97B	1.43B	1.63B
Net Income	1.22B	1.22B	1.05B	1.07B	680.08M	857.84M
Balance Sheet
Total Assets	21.34B	21.34B	20.38B	19.77B	18.14B	17.21B
Cash, Cash Equivalents and Short-Term Investments	4.18B	4.18B	4.11B	2.65B	2.61B	2.70B
Total Debt	1.47B	1.47B	1.53B	1.72B	1.82B	1.95B
Total Liabilities	6.83B	6.83B	6.79B	7.31B	6.62B	6.17B
Stockholders Equity	14.51B	14.51B	13.59B	12.46B	11.52B	11.04B
Cash Flow
Free Cash Flow	0.00	616.71M	1.56B	463.96M	458.19M	-276.16M
Operating Cash Flow	0.00	1.20B	1.89B	740.45M	1.17B	612.20M
Investing Cash Flow	0.00	-513.24M	-160.28M	-221.82M	-1.13B	-925.44M
Financing Cash Flow	0.00	-419.51M	-458.45M	-287.84M	-332.95M	-204.67M

Mino Ceramic Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1291.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5356, the sentiment is Positive. The current price of 1291 is above the 20-day moving average (MA) of 1250.46, above the 50-day MA of 1173.99, and above the 200-day MA of 929.26, indicating a bullish trend. The MACD of 46.31 indicates Positive momentum. The RSI at 61.71 is Neutral, neither overbought nor oversold. The STOCH value of 27.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5356.

Mino Ceramic Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5356	80 Outperform	¥13.23B	10.37	―	3.03%	9.24%	12.50%
5352	76 Outperform	¥147.18B	10.75	13.20%	2.79%	1.36%	12.13%
5363	75 Outperform	¥23.83B	8.38	7.65%	3.75%	5.63%	6.00%
5388	75 Outperform	¥15.69B	13.64	5.00%	3.29%	0.73%	10.12%
5357	75 Outperform	¥25.84B	14.89	7.96%	5.16%	-3.07%	-44.51%
5386	60 Neutral	¥3.18B	849.89	0.03%	2.89%	-1.64%	-98.70%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%