Profitability RecoveryMipox delivered a meaningful 2025 recovery with strong top-line growth and materially improved gross and net margins. Sustained higher margins indicate improved pricing, mix or operational efficiency, which supports durable earnings power if precision-manufacturing demand remains stable.

Stronger Balance SheetLeverage has come down and equity represents a majority of the capital base, giving Mipox greater financial flexibility. A 53% equity ratio and 10.8% ROE support the ability to fund capex, R&D, or buffer downturns, improving long-term solvency and strategic optionality.

Robust Cash GenerationVery strong free cash flow improvement and a 1.75 operating-cash-to-net-income conversion show improved cash quality. Durable cash generation underpins reinvestment, debt reduction, or shareholder returns and reduces vulnerability to short-term earnings swings.

Bears Say

Earnings VolatilityThe company has shown material earnings swings, including a negative EBIT year, indicating sensitivity to demand, pricing or cost shocks. This undermines predictability of free cash flow and investment planning, raising execution and forecasting risk over cycles.

Disclosure Gaps On Customers/SegmentsLimited disclosure on customer concentration and segment revenue reduces visibility into revenue durability and dependency on key accounts. Lack of transparency makes it harder to assess retention risk, pricing leverage, and resilience to major customer losses.

End‑market CyclicalityRevenue is closely tied to electronics and precision manufacturing cycles. Persistent cyclicality in OEM capex and semiconductor/electronics demand can transmit to abrasive consumable volumes, creating structural revenue and margin volatility across 2–6 month horizons and beyond.

Mipox Corp. News

Mipox Sales Grow but Profits Slide Sharply as Margin Pressure Mounts

The latest announcement is out from Mipox Corp. ( ($JP:5381) ). Mipox Corporation reported consolidated net sales of...

23d ago

5381

Mipox Posts Profit Slump Despite Modest Sales Growth and Cuts Full-Year Outlook

Mipox Corp. ( ($JP:5381) ) has shared an update. Mipox Corporation reported consolidated net sales of ¥5.69 billion...

2M ago

5381

5381 FAQ

What was Mipox Corp.’s price range in the past 12 months?

Mipox Corp. lowest stock price was ¥391.00 and its highest was ¥1240.00 in the past 12 months.

What is Mipox Corp.’s market cap?

Mipox Corp.’s market cap is ¥11.56B.

When is Mipox Corp.’s upcoming earnings report date?

Mipox Corp.’s upcoming earnings report date is May 20, 2026 which is in 73 days.

How were Mipox Corp.’s earnings last quarter?

Mipox Corp. released its earnings results on Feb 13, 2026. The company reported ¥11.93 earnings per share for the quarter, beating the consensus estimate of N/A by ¥11.93.

Is Mipox Corp. overvalued?

According to Wall Street analysts Mipox Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Mipox Corp. pay dividends?

Mipox Corp. pays a Annually dividend of ¥10 which represents an annual dividend yield of 2.29%. See more information on Mipox Corp. dividends here

What is Mipox Corp.’s EPS estimate?

Mipox Corp.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Mipox Corp. have?

Mipox Corp. has 14,451,920 shares outstanding.

What happened to Mipox Corp.’s price movement after its last earnings report?

Mipox Corp. reported an EPS of ¥11.93 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -9.121%.

Which hedge fund is a major shareholder of Mipox Corp.?

Currently, no hedge funds are holding shares in JP:5381

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Mipox Corp.

Mipox Corporation provides polishing products in Japan and internationally. It offers polishing films, abrasive papers and cloths, functional films, liquid polishing slurries, fiber discs, abrasive non-woven fabrics, flap wheels, fine diamonds, fine super pellets, detergents/lubricants, polishing machines, inspection equipment, cleaning products, VARIO products, 3D printed objects, and retroreflective materials. The company also provides quality measurement, contracted polishing, research and development, and consulting services. Its products are used in hard-disk, optical fiber and connector, flat-panel display, semiconductor, compound semiconductor, sample and shaft polishing, automobile and other products, hoop material and wire rod, 3D printed structure, other surface processing and polishing, printed circuit board, architecture, wood and finishing hardware, automobile and its repair, sheet and metal, aircraft, shipbuilding, and stone and glasses. The company was formerly known as Nihon Micro Coating Co., Ltd and changed its name to Mipox Corporation in August 2013. Mipox Corporation was founded in 1925 and is headquartered in Chiyoda, Japan.