Fujimi Incorporated (5384) AI Stock Analysis

• Market Cap: ¥174.93B
• Dividend Yield: 3.18%
• Average Volume (3M): 272.94K
• Price to Earnings (P/E): 17.5
• Beta (1Y): 1.16
• Revenue Growth: 14.85%
• EPS Growth: 29.86%
• Country: JP
• Employees: 1,110
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): N/A
• Shares Outstanding: 80,098,500
• 10 Day Avg. Volume: 320,980
• 30 Day Avg. Volume: 272,943
• PEG Ratio: 0.33
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 2.25
• P/FCF Ratio: 339.84
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: ¥2,707.00 ▲(17.49% Upside)

Fujimi Incorporated's strong financial performance and positive technical indicators are the primary drivers of its stock score. The company maintains a robust balance sheet and demonstrates consistent revenue growth. While the stock shows bullish momentum, caution is advised due to overbought technical indicators. The valuation is reasonable with an attractive dividend yield, but cash flow conversion remains an area for improvement.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for Fujimi's products, enhancing its market position and supporting long-term financial stability.

Balance Sheet Health

A strong balance sheet with minimal leverage provides Fujimi with financial flexibility to invest in growth opportunities and weather economic downturns.

Profitability

High profitability margins reflect efficient cost management and competitive pricing power, supporting sustainable earnings growth.

Negative Factors

Cash Flow Conversion

Low conversion of net income to free cash flow may limit Fujimi's ability to fund new investments or return capital to shareholders.

Gross Profit Margin Decline

A declining gross profit margin could indicate rising costs or pricing pressure, potentially impacting future profitability if the trend continues.

Cash Flow Volatility

Volatile cash flow growth may reflect inconsistent cash generation, posing risks to Fujimi's financial planning and investment strategy.

Fujimi Incorporated Business Overview & Revenue Model

Company Description

Fujimi Incorporated manufactures and sells synthetic precision abrasives in Japan, rest of Asia, North America, Oceanica, and Europe. The company offers various products for slicing crystal silicon ingots, lapping, and polishing silicon wafers; abrasives for use in the production of semiconductor devices, such as CMP slurry and other materials; and polishing products for magnetic disks of the hard disk drives. It also provides specialty materials, including lapping, polishing, and diamond products, as well as catalyst carriers for use in electronic components, lighting and LED products, automobiles, lenses, power semiconductors, and other industries. In addition, the company offers thermal spray materials for use in aerospace, semiconductor, liquid crystal, steel, energy, chemical, and other industries. Fujimi Incorporated was founded in 1950 and is headquartered in Kiyosu, Japan.

How the Company Makes Money

Fujimi generates revenue through the sale of its specialized abrasive materials and chemical products to various industries, including semiconductor manufacturing, electronics, and optical components. Key revenue streams include the direct sale of polishing slurries and abrasives, which are critical in the manufacturing processes of semiconductors and other precision components. The company also benefits from long-term contracts and partnerships with major players in the semiconductor industry, providing a stable revenue base. Additionally, Fujimi invests in research and development to innovate and expand its product offerings, which helps maintain its competitive edge and attract new customers. The company's focus on high-quality, specialized products allows for premium pricing, further contributing to its profitability.

Fujimi Incorporated Financial Statement Overview

Summary

Fujimi Incorporated shows strong financial performance with consistent revenue growth and profitability. The balance sheet is robust with minimal leverage, enhancing financial stability. However, cash flow metrics indicate potential areas for improvement in converting net income into free cash flow.

Income Statement

Fujimi Incorporated has demonstrated consistent revenue growth with a 3.42% increase in the latest year, following a recovery from a slight dip in the previous year. The company maintains strong profitability with a net profit margin of 15.09% and an EBIT margin of 19.61%, indicating efficient cost management. However, the gross profit margin has slightly decreased over the years, which could be a point of concern if the trend continues.

Balance Sheet

The company exhibits a robust financial position with a very low debt-to-equity ratio, indicating minimal leverage and a strong equity base. The return on equity stands at 12.39%, reflecting effective utilization of shareholder funds. The equity ratio is healthy, suggesting a stable capital structure with a high proportion of assets financed by equity.

Cash Flow

Fujimi Incorporated's cash flow performance is mixed. While the operating cash flow is strong, the free cash flow growth rate is exceptionally high due to a low base effect. The free cash flow to net income ratio is relatively low, suggesting that a smaller portion of net income is being converted into free cash flow, which could impact future investment capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	64.16B	62.50B	51.42B	58.39B	51.73B	41.96B
Gross Profit	28.54B	26.34B	22.34B	27.19B	24.39B	19.00B
EBITDA	13.53B	14.27B	10.78B	15.24B	14.05B	8.93B
Net Income	9.23B	9.43B	6.50B	10.59B	9.16B	5.61B
Balance Sheet
Total Assets	100.09B	90.91B	84.14B	80.10B	76.32B	66.26B
Cash, Cash Equivalents and Short-Term Investments	27.02B	27.86B	34.93B	36.24B	36.56B	31.32B
Total Debt	10.00B	494.00M	291.00M	352.00M	262.00M	144.00M
Total Liabilities	23.20B	14.01B	11.57B	11.09B	13.35B	10.17B
Stockholders Equity	76.09B	76.12B	72.58B	69.01B	62.97B	56.09B
Cash Flow
Free Cash Flow	0.00	413.00M	3.71B	5.62B	7.68B	7.46B
Operating Cash Flow	0.00	12.99B	7.45B	7.38B	9.30B	8.74B
Investing Cash Flow	0.00	-15.87B	-5.31B	-822.00M	-1.10B	-42.00M
Financing Cash Flow	0.00	-5.64B	-5.64B	-6.14B	-3.83B	-2.48B

Fujimi Incorporated Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2304.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5384, the sentiment is Neutral. The current price of 2304 is below the 20-day moving average (MA) of 2350.50, below the 50-day MA of 2352.28, and above the 200-day MA of 2061.97, indicating a neutral trend. The MACD of 7.91 indicates Positive momentum. The RSI at 43.65 is Neutral, neither overbought nor oversold. The STOCH value of 17.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5384.

Fujimi Incorporated Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5384	77 Outperform	¥174.93B	17.52	―	3.18%	14.85%	29.86%
6890	75 Outperform	¥216.55B	16.83	5.41%	3.47%	11.15%	-19.39%
6966	75 Outperform	¥137.06B	13.33	―	2.43%	4.60%	-21.64%
6871	67 Neutral	¥224.32B	22.26	―	1.15%	29.60%	24.39%
6315	66 Neutral	¥143.98B	23.39	10.10%	1.04%	-12.50%	-26.08%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6707	46 Neutral	¥112.91B	97.35	―	―	-51.82%	-96.08%

Fujimi Incorporated Corporate Events

Fujimi Incorporated Revises Financial Forecast Upwards for FY 2026

Fujimi Incorporated has revised its financial forecast for the fiscal year ending March 31, 2026, reflecting improved results due to strong demand for its semiconductor-related products. The company anticipates increases in net sales, operating profit, and ordinary profit, indicating a positive impact on its operations and market positioning.

Fujimi Incorporated Reports Strong Semi-Annual Financial Results

Fujimi Incorporated reported a positive financial performance for the six months ended September 30, 2025, with an 8.9% increase in net sales and a 13.4% rise in operating profit compared to the previous year. The company has revised its financial forecasts upward for the fiscal year ending March 31, 2026, indicating confidence in sustained growth and stability in its market positioning.