Alinco Incorporated (JP:5933)
:5933
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Alinco Incorporated
(5933)
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Rating:55Neutral
Price Target:
¥1,068.00
▼(-4.81% Downside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by pressured financial performance—especially inconsistent and recently negative free cash flow—and weak technical trend signals (below major moving averages with negative MACD). These are partially offset by attractive valuation metrics (low P/E and a high dividend yield).
Positive Factors
Organizational restructure and DX push
The creation of unified Sales and Logistics divisions and a Digital Transformation Promotion Committee is a structural move to improve operating efficiency, reduce silos, and accelerate product/service innovation. Over 2–6 months this should raise execution quality, support new revenue streams, and improve margin levers when initiatives scale.
Negative Factors
Volatile and weak free cash flow
Persistent negative and volatile free cash flow undermines the company's ability to self-fund capex, DX initiatives, dividends, or M&A. Even with occasional positive years, recurring deficits reduce financial flexibility, increase reliance on debt or equity funding, and constrain strategic investments over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Organizational restructure and DX push
The creation of unified Sales and Logistics divisions and a Digital Transformation Promotion Committee is a structural move to improve operating efficiency, reduce silos, and accelerate product/service innovation. Over 2–6 months this should raise execution quality, support new revenue streams, and improve margin levers when initiatives scale.
Read all positive factors
Alinco Incorporated (5933) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥20.91B
Dividend Yield3.88%
Average Volume (3M)42.81K
Price to Earnings (P/E)7.8
Beta (1Y)0.63
Revenue Growth5.14%
EPS Growth18.52%
CountryJP
Employees1,437
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)35.90
Shares Outstanding21,039,326
10 Day Avg. Volume31,220
30 Day Avg. Volume42,813
Financial Highlights & Ratios
PEG Ratio-4.82
Price to Book (P/B)0.63
Price to Sales (P/S)0.33
P/FCF Ratio-128.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Alinco Incorporated Business Overview & Revenue Model
Company Description
Alinco Incorporated develops, manufactures, and sells scaffolding equipment in Japan and internationally. The company operates through four segments: Construction Materials, Scaffolding Material Rental, Home Equipment, and Electronic Equipment. It...
How the Company Makes Money
Alinco primarily makes money by selling construction- and worksite-related products (e.g., scaffolding and ladder-related equipment) to corporate customers involved in construction, maintenance, and industrial operations. Revenue is generated from...
Alinco Incorporated Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
60
Neutral
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.49B | 61.60B | 57.88B | 60.72B | 55.26B | 53.34B |
| Gross Profit | 16.22B | 15.83B | 14.24B | 14.70B | 13.18B | 14.85B |
| EBITDA | 4.82B | 4.72B | 5.34B | 5.73B | 4.43B | 6.09B |
| Net Income | 1.69B | 1.96B | 1.99B | 1.55B | 451.28M | 1.66B |
Balance Sheet | ||||||
| Total Assets | 70.53B | 70.88B | 68.32B | 63.68B | 58.23B | 55.44B |
| Cash, Cash Equivalents and Short-Term Investments | 6.38B | 6.94B | 6.92B | 6.77B | 5.23B | 5.54B |
| Total Debt | 25.87B | 26.08B | 25.37B | 20.98B | 17.44B | 15.92B |
| Total Liabilities | 38.93B | 38.89B | 37.77B | 35.24B | 30.72B | 27.76B |
| Stockholders Equity | 31.60B | 31.99B | 30.53B | 28.43B | 27.50B | 27.60B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -156.61M | -3.67B | -824.96M | -578.13M | 1.97B |
| Operating Cash Flow | 0.00 | 5.42B | 1.69B | 2.69B | 2.71B | 5.29B |
| Investing Cash Flow | 0.00 | -5.56B | -5.33B | -3.72B | -3.66B | -4.68B |
| Financing Cash Flow | 0.00 | -104.00M | 3.65B | 2.54B | 583.07M | -157.12M |
Alinco Incorporated Technical Analysis
Positive
1122.00
Price Trends
1096.23
Negative
1087.44
Negative
1056.39
Positive
Market Momentum
-11.72
Negative
50.91
Neutral
75.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5933, the sentiment is Positive. The current price of 1122 is above the 20-day moving average (MA) of 1064.29, above the 50-day MA of 1096.23, and above the 200-day MA of 1056.39, indicating a neutral trend. The MACD of -11.72 indicates Negative momentum. The RSI at 50.91 is Neutral, neither overbought nor oversold. The STOCH value of 75.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5933.
Alinco Incorporated Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥697.04B | 15.50 | 8.07% | 2.85% | 11.18% | -0.75% | |
76 Outperform | ¥225.52B | 22.19 | ― | 1.88% | 6.56% | 106.55% | |
74 Outperform | ¥7.38T | 59.16 | 8.95% | 1.88% | 2.88% | 28.76% | |
74 Outperform | ¥83.69B | 12.79 | ― | 2.20% | 4.75% | 164.54% | |
64 Neutral | ¥168.70B | 29.59 | 5.91% | 2.39% | -3.24% | -25.21% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | ¥20.91B | 7.82 | ― | 3.88% | 5.14% | 18.52% |
* Technology Sector Average
JP:5933
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Alinco Incorporated Corporate Events
Alinco Sets 2026 Director Slate and Plans Boardroom Transition
Mar 10, 2026
Alinco has announced its slate of director candidates to be proposed at the 56th Annual General Meeting of Shareholders scheduled for mid-June 2026. The list includes the reelection of key executives such as Representative Director and Chairperson...
Alinco Restructures Organization and Leadership to Drive Efficiency and DX
Mar 10, 2026
Alinco Incorporated has announced a significant reorganization effective March 21, 2026, creating new Sales and Logistics Divisions to consolidate all business and logistics functions under unified structures. The company also established a Safety...
Alinco Posts Steady Q3 Sales and Operating Profit but Bottom-Line Declines on Lower Extraordinary Gains
Feb 12, 2026
Alinco reported consolidated net sales of ¥48.28 billion for the third quarter of the fiscal year ending March 2026, a 2.3% year-on-year increase, as operating profit rose 5.3% to ¥2.15 billion with the operating margin edging up to 4.5%...
Alinco Posts Modest Sales Gain but Profit Decline, Keeps Dividend and Backs Strong Full-Year Outlook
Feb 12, 2026
Alinco reported consolidated net sales of ¥48.3 billion for the nine months ended December 20, 2025, up 2.3% year on year, with operating profit rising 5.3% to ¥2.2 billion but ordinary profit edging down 0.4% and profit attributable to ...
Alinco Renames Key Subsidiaries to Strengthen Group Brand and Corporate Value
Feb 2, 2026
Alinco Incorporated has approved the renaming of two consolidated subsidiaries as part of a broader effort to strengthen group-wide business development and enhance corporate value. Scaffolding construction services provider Tokyo Kasetsu Built In...
Alinco Posts Modest Sales Growth but Lower Profits, Affirms Full-Year Outlook and Dividend Plan
Feb 2, 2026
Alinco reported a modest 2.3% increase in consolidated net sales to ¥48.3 billion for the nine months ended December 20, 2025, with operating profit up 5.3% to ¥2.15 billion but ordinary profit essentially flat and profit attributable to...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.