Very Strong Balance SheetNear-zero debt and dominant equity capital provide durable financial flexibility: supports capital spending, cushions cyclical revenue weakness, lowers refinancing and interest-rate risks, and preserves strategic optionality to invest or sustain dividends during downturns.

B2B Manufacturing ModelA focused B2B manufacturing model serving construction and industrial end-markets yields durable demand characteristics, technical customer specifications and potential long-term contracts; customization and fabrication capabilities create stickiness versus commodity competitors.

Historical Cash-generation Track RecordPrior multi-year positive free cash flow shows the business can convert operating profit to cash under normal conditions, indicating operational efficiency and the ability to fund capex, dividends or deleveraging when revenue/margins recover.

Bears Say

Sustained Revenue DeclineTwo consecutive years of falling revenue signal structural demand weakness or share loss in key end-markets. Lower top-line pressures reduce operating leverage, limit scale benefits and constrain reinvestment ability, making recovery harder without new products or market expansion.

Margin CompressionDeclining gross margins and consecutive operating losses point to weakening pricing power or rising input/processing costs. Narrow net margins and negative operating profit reduce retained earnings, hurt returns on equity and limit capacity to reinvest for growth over the medium term.

Weakened Cash Generation In FY2025A sharp drop to low operating cash flow and negative free cash flow strains internal funding for capex and dividends. If cash conversion does not normalize, the company may need to cut discretionary spending or tap financing, reducing strategic flexibility despite low leverage.

5928 FAQ

What was Almetax Manufacturing Co., Ltd.’s price range in the past 12 months?

Almetax Manufacturing Co., Ltd. lowest stock price was ¥220.00 and its highest was ¥338.00 in the past 12 months.

What is Almetax Manufacturing Co., Ltd.’s market cap?

Almetax Manufacturing Co., Ltd.’s market cap is ¥3.07B.

When is Almetax Manufacturing Co., Ltd.’s upcoming earnings report date?

Almetax Manufacturing Co., Ltd.’s upcoming earnings report date is May 08, 2026 which is in 52 days.

How were Almetax Manufacturing Co., Ltd.’s earnings last quarter?

Almetax Manufacturing Co., Ltd. released its earnings results on Jan 30, 2026. The company reported ¥11.29 earnings per share for the quarter, beating the consensus estimate of N/A by ¥11.29.

Is Almetax Manufacturing Co., Ltd. overvalued?

According to Wall Street analysts Almetax Manufacturing Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Almetax Manufacturing Co., Ltd. pay dividends?

Almetax Manufacturing Co., Ltd. pays a Semiannually dividend of ¥4 which represents an annual dividend yield of 2.96%. See more information on Almetax Manufacturing Co., Ltd. dividends here

What is Almetax Manufacturing Co., Ltd.’s EPS estimate?

Almetax Manufacturing Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Almetax Manufacturing Co., Ltd. have?

Almetax Manufacturing Co., Ltd. has 11,912,515 shares outstanding.

What happened to Almetax Manufacturing Co., Ltd.’s price movement after its last earnings report?

Almetax Manufacturing Co., Ltd. reported an EPS of ¥11.29 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.444%.

Which hedge fund is a major shareholder of Almetax Manufacturing Co., Ltd.?

Currently, no hedge funds are holding shares in JP:5928

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

Almetax Manufacturing Co., Ltd.

Almetax Manufacturing Co., Ltd. develops, manufactures, and sells aluminum building materials, electrical materials, and civil engineering products in Japan. The company engages in the development, design, production, and construction of various industrial materials, such as ceramic, glass, etc., as well as environmental and landscape materials, etc.; and development research, construction, and sale of new materials, new technologies, recycling, etc. It also provides aluminum building materials, decorative windows, functional windows, bay windows, screen doors, skylights, entrances, back doors, and bathroom doors; openings such as, lattices; and exteriors, such as handrails, balconies, terraces, carports, etc. The company was incorporated in 1969 and is based in Osaka, Japan.