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

• Market Cap: ¥160.61B
• Dividend Yield: 2.68%
• Average Volume (3M): 119.07K
• Price to Earnings (P/E): 12.9
• 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: 119,550
• 30 Day Avg. Volume: 119,073
• PEG Ratio: 0.38
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.92
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥2,650.00 ▲(10.83%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. manufactures and sells various shutters and construction materials in Japan. The company offers electric wide-grill shutters, transparent panel shutters, horizontal panel shutters, fire shutters, smoke shutters, movable partitions, shop awnings, stainless steel joinery, water barriers, water barrier doors, and steel doors with opening assistance. It also provides sheet shutters, PVC curtains, over sliding doors, insulating over sliding doors, dock shelters, steel hanger doors, aluminum stud movable partitions, steel partitions, and sound insulation doors; and wide aluminum shutters, flat garage shutters, residential over sliding doors, high speed/low vibration grill shutters, residential window shutters, home awnings, recycled wood/plastic composite materials, lightweight steel entrance doors, hollow stainless steel frame for glass front, and outdoor steel stairway/corridor units. In addition, the company offers lightweight steel freely-opening folding doors, sliding doors with automatic closing device, entrance sliding doors for elderly residential housing, wooden sliding doors, steel doors, steel doors with opening assistance, fire-prevention apparatus with heat resistant glass, hollow stainless steel frame for glass fronts, movable partition, toilet booths, child toilet booths, and recycled wood/plastic composite materials. Further, it provides inspection and maintenance service; and engages in the building production and replacement, and remodeling and refurbishment of houses and apartments. The company was formerly known as Japan Bunka Shutter Co., Ltd. and changed its name to Bunka Shutter Co., Ltd. in April 1970. Bunka Shutter Co., Ltd. was founded in 1955 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Bunka Shutter Co., Ltd. generates revenue mainly through the sale of its manufactured shutters, doors, and partitions. The company offers a diverse product lineup catering to different market needs, including fire-resistant and insulated options that appeal to safety-conscious customers. Its revenue streams are primarily driven by the demand from construction companies, building developers, and renovation projects. Additionally, Bunka Shutter may engage in partnerships with construction firms and developers to supply customized solutions for large-scale projects, further contributing to its earnings. The company also benefits from after-sales services and maintenance contracts, which provide recurring revenue streams beyond the initial product sale.

Bunka Shutter Co., Ltd. Financial Statement Overview

Summary

Bunka Shutter Co., Ltd. demonstrates robust financial health with strong revenue growth and profitability trends. The balance sheet is solid with low leverage and high equity ratio, although the decline in free cash flow should be monitored.

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	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	226.85B	228.42B	221.08B	199.18B	182.31B	173.14B
Gross Profit	61.12B	61.40B	59.35B	50.07B	46.97B	46.80B
EBITDA	21.59B	25.57B	21.70B	14.11B	13.56B	14.79B
Net Income	10.88B	13.16B	10.58B	7.90B	6.71B	8.40B
Balance Sheet
Total Assets	206.82B	204.98B	206.88B	177.25B	169.21B	168.35B
Cash, Cash Equivalents and Short-Term Investments	41.48B	40.11B	40.15B	31.41B	36.45B	37.18B
Total Debt	15.93B	21.28B	21.52B	15.52B	15.80B	15.94B
Total Liabilities	101.98B	91.53B	102.96B	94.47B	86.69B	83.87B
Stockholders Equity	104.67B	113.29B	103.77B	82.60B	82.35B	84.30B
Cash Flow
Free Cash Flow	0.00	6.17B	11.01B	4.01B	6.75B	14.56B
Operating Cash Flow	0.00	10.97B	15.64B	7.51B	9.35B	17.46B
Investing Cash Flow	0.00	-3.75B	-16.89B	-1.57B	13.00M	-2.16B
Financing Cash Flow	0.00	-6.79B	9.51B	-10.96B	-9.65B	-3.50B

Bunka Shutter Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2391.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

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 2391 is above the 20-day moving average (MA) of 2335.30, above the 50-day MA of 2211.94, and above the 200-day MA of 1920.19, indicating a bullish trend. The MACD of 56.27 indicates Positive momentum. The RSI at 72.80 is Negative, neither overbought nor oversold. The STOCH value of 85.18 is Negative, 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
5930	74 Outperform	¥160.61B	12.93	12.17%	2.68%	3.32%	21.22%
Sector *	65 Neutral	$10.75B	15.65	5.18%	1.92%	3.09%	-27.41%
JSGCF		$3.37B	261.93	0.35%	0.04%	―	―
SNWAF		$6.80B	18.50	18.79%	0.01%	―	―
1969	79 Outperform	¥483.91B	16.97		2.24%	5.03%	40.78%
5936	69 Neutral	¥5.18B	6.54		4.64%	-2.87%	-17.39%
5932	54 Neutral	¥20.23B	―		3.88%	-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.