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

• Market Cap: ¥129.11B
• Dividend Yield: 3.4%
• Average Volume (3M): 111.09K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.63
• Revenue Growth: 2.98%
• EPS Growth: 41.11%
• Country: JP
• Employees: 5,290
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 48.98
• Shares Outstanding: 72,196,490
• 10 Day Avg. Volume: 122,400
• 30 Day Avg. Volume: 111,086
• PEG Ratio: 0.57
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 0.58
• P/FCF Ratio: 21.66
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ¥2,076.00 ▲(1.27% Upside)
• Action: Reiterated Date: 10/23/25
• Date: Action: Reiterated 10/23/25

Bunka Shutter Co., Ltd. scores well on financial performance with strong revenue growth and a solid balance sheet. However, technical analysis indicates bearish momentum, which is a significant risk. The stock is fairly valued with an attractive dividend yield, balancing the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective sales strategies, supporting long-term business expansion.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial flexibility and reduces risk, supporting sustainable growth.

Profitability

Improved profitability reflects efficient operations and cost management, contributing to long-term financial health.

Negative Factors

Free Cash Flow Decline

A significant decline in free cash flow could pressure the company's ability to fund operations and investments, impacting future growth.

Cash Generation

Moderate cash conversion may limit the company's ability to reinvest in growth opportunities and manage financial obligations effectively.

Technical Analysis

Bearish technical indicators could reflect underlying market concerns, potentially affecting investor confidence and stock performance.

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 primarily makes money by selling and delivering shutter/door and related building-opening solutions to the construction market and by providing associated services across the product lifecycle. Key revenue streams typically include: (1) Product sales: revenue from manufacturing and selling shutters (e.g., steel and specialty shutters), doors, and related components/fixtures for new construction and retrofit demand; pricing is driven by specifications (size, materials, automation, fire/smoke compliance) and project volume. (2) Installation and construction-related services: revenue from on-site installation, fitting, and project work performed directly or through coordinated contractors; this often accompanies product sales and can be billed as separate construction/service fees depending on contract structure. (3) Maintenance, repair, and replacement: recurring revenue from inspections, periodic maintenance, repairs, parts replacement, and upgrades (including motorization/controls) for installed base assets, benefiting from long equipment lifecycles and compliance-driven servicing needs (e.g., fire-protection systems where applicable). (4) Engineering/support and customization: revenue tied to design support, made-to-order fabrication, and project management for specialized applications (logistics facilities, factories, commercial buildings, and other sites requiring tailored opening solutions). Factors that influence earnings include overall construction and renovation activity, demand for disaster prevention and safety compliance products (where relevant), and the scale of the installed base that drives maintenance and replacement cycles. Specific partnership details: null.

Bunka Shutter Co., Ltd. Financial Statement Overview

Summary

Bunka Shutter Co., Ltd. demonstrates robust financial health with strong revenue growth and profitability. The balance sheet is solid with low leverage and a high equity ratio, though recent declines in free cash flow warrant attention.

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	230.78B	228.42B	221.08B	199.18B	182.31B	173.14B
Gross Profit	61.86B	58.63B	56.25B	49.75B	44.61B	44.56B
EBITDA	21.05B	21.15B	19.91B	14.11B	13.56B	14.79B
Net Income	12.27B	13.16B	10.58B	7.90B	6.71B	8.40B
Balance Sheet
Total Assets	196.97B	204.98B	206.88B	177.25B	169.21B	168.35B
Cash, Cash Equivalents and Short-Term Investments	41.45B	40.11B	40.15B	31.41B	36.45B	37.18B
Total Debt	15.37B	21.28B	21.52B	15.52B	15.80B	15.94B
Total Liabilities	88.48B	91.53B	102.95B	94.46B	86.69B	83.87B
Stockholders Equity	108.32B	113.29B	103.77B	82.60B	82.35B	84.30B
Cash Flow
Free Cash Flow	0.00	6.17B	11.81B	4.34B	7.12B	15.08B
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: Negative
• Last Price: 2050.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 2050 is above the 20-day moving average (MA) of 2014.40, above the 50-day MA of 2047.44, and below the 200-day MA of 2200.18, indicating a bearish trend. The MACD of -32.59 indicates Positive momentum. The RSI at 38.18 is Neutral, neither overbought nor oversold. The STOCH value of 44.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
7971	79 Outperform	¥37.65B	7.75	―	3.59%	6.91%	13.17%
7949	77 Outperform	¥48.00B	14.35	―	3.74%	3.70%	12.26%
7943	66 Neutral	¥108.93B	13.03	―	3.53%	-0.58%	-46.15%
5930	66 Neutral	¥129.11B	10.42	12.89%	3.40%	2.98%	41.11%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
5936	63 Neutral	¥6.13B	4.98	―	4.13%	2.76%	-10.23%
5938	50 Neutral	$475.90B	16.11	1.44%	4.80%	0.68%	―

Bunka Shutter Co., Ltd. Corporate Events

Bunka Shutter Posts Higher Nine-Month Sales and Profit, Keeps Full-Year Forecasts and Dividend Outlook Intact

Bunka Shutter reported consolidated net sales of ¥164.46 billion for the first nine months of the fiscal year ending March 31, 2026, up 2.8% year-on-year, with operating profit essentially flat at ¥8.18 billion and ordinary profit rising 13.5% to ¥9.63 billion, while profit attributable to owners of parent increased 3.9% to ¥6.20 billion and basic earnings per share climbed to ¥87.76. The company’s equity ratio edged down to 53.9% from 55.3% as net assets declined slightly, but it maintained its full-year forecast of ¥240.0 billion in net sales and ¥16.8 billion in operating profit, alongside an unchanged annual dividend forecast of ¥74 per share, signaling continued confidence in its earnings outlook and commitment to shareholder returns despite an expected decline in full-year profit attributable to owners of parent.

The most recent analyst rating on (JP:5930) stock is a Hold with a Yen2267.00 price target. To see the full list of analyst forecasts on Bunka Shutter Co., Ltd. stock, see the JP:5930 Stock Forecast page.