Bunka Shutter Co., Ltd. (5930) AI Stock Analysis

• Market Cap: ¥165.52B
• Dividend Yield: 2.59%
• Average Volume (3M): 121.81K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.71
• Revenue Growth: 3.32%
• EPS Growth: 21.22%
• Country: JP
• Employees: 5,290
• Sector: Industrials
• Sector Strength: 89
• Industry: Construction
• EPS (TTM): 101.07
• Shares Outstanding: 72,196,490
• 10 Day Avg. Volume: 81,180
• 30 Day Avg. Volume: 121,813
• PEG Ratio: 0.62
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥2,665.86
• Price Target Upside: 8.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥2,650.00 ▲(7.55%Upside)

Bunka Shutter Co., Ltd. exhibits strong financial performance with stable revenue growth and profitability. The technical indicators show strong momentum, although overbought conditions could pose short-term risks. The valuation is balanced, supporting a favorable outlook in the construction industry.

Bunka Shutter Co., Ltd. Business Overview & Revenue Model

Company Description

Bunka Shutter Co., Ltd. (5930) is a Japan-based company primarily engaged in the manufacture and sale of shutters, doors, partitions, and other related building materials. The company operates in various sectors, including residential, commercial, and industrial construction. Bunka Shutter is known for its extensive product line, which includes fireproof shutters, lightweight shutters, and soundproof partitions, catering to a wide range of customer needs across different building types.

How the Company Makes Money

Bunka Shutter Co., Ltd. generates revenue through the design, manufacture, and sale of its building material products, primarily shutters and doors. The company targets both new construction projects and renovation markets, providing solutions for residential, commercial, and industrial buildings. It sells directly to construction companies, builders, and developers, and may also engage in partnerships with distributors and retailers to extend its market reach. Additionally, Bunka Shutter might offer installation and maintenance services, providing an additional revenue stream. The company's earnings are influenced by factors such as construction industry trends, technological advancements in building materials, and regulatory requirements for safety and efficiency in building structures.

Bunka Shutter Co., Ltd. Financial Statement Overview

Summary

Bunka Shutter Co., Ltd. has demonstrated robust financial health with consistent revenue growth and strong profitability. The balance sheet reflects low leverage and a high equity ratio, indicating financial stability. However, the decline in free cash flow suggests potential pressure on cash generation.

Income Statement

Bunka Shutter Co., Ltd. has shown strong revenue growth over the past five years, with a 3.32% increase from 2024 to 2025. The gross profit margin for 2025 is 26.88%, reflecting efficient cost management. The net profit margin has improved to 5.76% in 2025, indicating solid profitability. Both EBIT and EBITDA margins have remained stable, supporting the company's operational efficiency.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.19, indicating low leverage and strong financial stability. The return on equity (ROE) is 11.61%, showcasing effective use of equity to generate profits. The equity ratio stands at 55.27%, highlighting significant equity investment in total assets, which suggests a strong balance sheet foundation.

Cash Flow

The operating cash flow to net income ratio is 0.83, indicating a solid conversion of income into cash. However, there has been a decline in free cash flow by 43.94% from 2024 to 2025, suggesting potential pressures on cash generation despite strong operating cash flows. The free cash flow to net income ratio is 0.47, which is relatively moderate.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	228.42B	221.08B	199.18B	182.31B	173.14B
Gross Profit	61.40B	59.35B	50.07B	46.97B	46.80B
EBITDA	25.57B	21.70B	14.11B	13.56B	14.79B
Net Income	13.16B	10.58B	7.90B	6.71B	8.40B
Balance Sheet
Total Assets	204.98B	206.88B	177.25B	169.21B	168.35B
Cash, Cash Equivalents and Short-Term Investments	40.11B	40.15B	31.41B	36.45B	37.18B
Total Debt	21.28B	21.52B	15.52B	15.80B	15.94B
Total Liabilities	91.53B	102.96B	94.47B	86.69B	83.87B
Stockholders Equity	113.29B	103.77B	82.60B	82.35B	84.30B
Cash Flow
Free Cash Flow	6.17B	11.01B	4.01B	6.75B	14.56B
Operating Cash Flow	10.97B	15.64B	7.51B	9.35B	17.46B
Investing Cash Flow	-3.75B	-16.89B	-1.57B	13.00M	-2.16B
Financing Cash Flow	-6.79B	9.51B	-10.96B	-9.65B	-3.50B

Bunka Shutter Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2464.00
• 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:5930, the sentiment is Positive. The current price of 2464 is above the 20-day moving average (MA) of 2414.75, above the 50-day MA of 2301.38, and above the 200-day MA of 1974.29, indicating a bullish trend. The MACD of 46.10 indicates Positive momentum. The RSI at 65.48 is Neutral, neither overbought nor oversold. The STOCH value of 79.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5930.

Bunka Shutter Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1969	79 Outperform	¥502.96B	17.64		1.96%	5.03%	40.78%
5930	74 Outperform	¥165.52B	13.32	12.17%	2.59%	3.32%	21.22%
Sector *	71 Outperform	¥264.85B	14.09	8.47%	2.87%	6.39%	13.10%
5929	71 Outperform	$1.01T	17.94	18.79%	2.06%	8.39%	34.99%
5936	69 Neutral	¥5.32B	6.72		4.59%	0.31%	-2.77%
5938	62 Neutral	$507.67B	253.52	0.35%	5.09%	1.45%	―
5932	54 Neutral	¥19.19B	―		4.12%	-0.87%	-288.95%

Bunka Shutter Co., Ltd. Corporate Events

Bunka Shutter Reports No Treasury Shares Acquired in Initial Period

Bunka Shutter Co., Ltd. announced that it has not acquired any treasury shares during the period from May 15 to May 31, 2025, despite a board resolution allowing for the purchase of up to 1,150,000 shares. The acquisition plan, which aims to buy back shares worth up to 2 billion yen by March 31, 2026, is intended to enhance shareholder value, but no shares have been purchased yet.

Bunka Shutter Co., Ltd. Receives Significant Dividend from Subsidiary

Bunka Shutter Co., Ltd. has announced the receipt of a 3,500 million yen dividend from its subsidiary, Bunka Shutter Services Co., Ltd. This dividend will be recorded as non-operating income in the company’s individual financial statements for the fiscal year ending March 2026, with no impact on the consolidated results.

Bunka Shutter’s Board Opposes Shareholder Proposals

Bunka Shutter Co., Ltd.’s Board of Directors has decided to oppose shareholder proposals from Nippon Active Value Fund PLC regarding the acquisition of treasury shares and amendments to the Articles of Incorporation concerning the number of Outside Directors. The Board believes that the acquisition of treasury shares should align with the company’s medium- to long-term management strategies, and that the current composition of the Board already optimally balances diversity and expertise, making the proposed amendments unnecessary.

Bunka Shutter Announces Share Buyback to Enhance Value

Bunka Shutter Co., Ltd. has announced a decision to acquire its own shares, aiming to increase corporate value and improve capital efficiency. The acquisition involves up to 1,150,000 common shares, representing 1.61% of the total issued shares, with a maximum cost of 2.0 billion yen. This strategic move is expected to enhance shareholder returns and is set to take place between May 15, 2025, and March 31, 2026, through market purchases on the Tokyo Stock Exchange.

Bunka Shutter Co., Ltd. Enhances Shareholder Return Policy

Bunka Shutter Co., Ltd. announced an enhancement to its shareholder return policy as part of its Medium-Term Management Plan for 2024-2026. The company aims to increase corporate value and improve capital efficiency by maintaining a 40% dividend payout ratio and adopting a flexible approach to acquiring its own shares, considering market conditions and cash flows. This change will be effective from fiscal year 2025.

Bunka Shutter Co., Ltd. Announces Increased Year-End Dividend

Bunka Shutter Co., Ltd. announced an increase in its year-end dividend for the fiscal year ended March 31, 2025, from the initially planned 32 yen per share to 42 yen per share. This decision reflects the company’s strong financial performance and commitment to shareholder returns, resulting in a total annual dividend of 74 yen per share, marking a 19 yen increase from the previous year.

Bunka Shutter Co., Ltd. Reports Increased Sales and Profitability for FY2025

Bunka Shutter Co., Ltd. reported a 3.3% increase in net sales for the fiscal year ending March 31, 2025, compared to the previous year. Despite a slight decline in ordinary profit by 7.3%, the company saw a significant 24.4% rise in profit attributable to owners of the parent, indicating improved profitability. The company’s financial position strengthened with an increase in net assets and a higher equity-to-asset ratio. Additionally, the company announced a substantial increase in annual dividends, reflecting its commitment to returning value to shareholders. Looking ahead, Bunka Shutter forecasts further growth in net sales and operating profit for the fiscal year ending March 31, 2026, although it anticipates a decrease in profit attributable to owners of the parent.