Fujishoji Co., Ltd. (6257) AI Stock Analysis

• Market Cap: ¥22.67B
• Dividend Yield: 5.22%
• Average Volume (3M): 29.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: -58.15%
• EPS Growth: -183.95%
• Country: JP
• Employees: 438
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -83.70
• Shares Outstanding: 22,895,500
• 10 Day Avg. Volume: 24,550
• 30 Day Avg. Volume: 29,319
• PEG Ratio: -0.31
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.68
• P/FCF Ratio: 7.04
• 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: 76 Outperform
• Price Target: ¥1,218.00 ▲(13.83% Upside)

The score is driven primarily by strong financial strength (near-zero debt and a solid capital base) with improving recent cash generation, tempered by softer FY2025 operating momentum (revenue decline and margin cooling). Technicals are moderately positive, while valuation is mixed due to a high dividend yield but a negative P/E.

Positive Factors

Balance Sheet Strength

Near-zero leverage provides significant financial flexibility and minimizes refinancing risk, supporting long-term stability.

Cash Generation

Strong cash flow generation enhances the company's ability to reinvest in growth opportunities and maintain financial health.

Equity Growth

Increasing equity base strengthens the capital structure, providing a solid foundation for future growth and resilience.

Negative Factors

Revenue Decline

A decline in revenue indicates potential challenges in market demand or competitive positioning, affecting future growth prospects.

Margin Cooling

Decreasing margins suggest pressure on profitability, which could impact the company's ability to sustain earnings growth.

Earnings Volatility

Volatile earnings history raises concerns about the consistency and reliability of future financial performance.

Fujishoji Co., Ltd. Business Overview & Revenue Model

Company Description

Fujishoji Co.,Ltd. engages in the development, manufacture, and sale of gaming machines in Japan. It offers pachinko and pachislot machines. The company is also involved in the planning, development, sale, and distribution of digital content. Fujishoji Co.,Ltd. was founded in 1958 and is headquartered in Osaka, Japan.

How the Company Makes Money

Fujishoji Co., Ltd. generates revenue primarily through the sale of its pachinko and pachislot machines. These machines are distributed to pachinko parlors and gaming establishments where they are used by consumers seeking entertainment. The company continuously invests in research and development to enhance the gaming experience and ensure compliance with regulatory standards. Additionally, Fujishoji may engage in strategic partnerships with other gaming technology firms to broaden its product offerings and penetrate new market segments. The company's earnings are influenced by consumer demand for gaming entertainment, regulatory changes, and technological advancements in the gaming industry.

Fujishoji Co., Ltd. Financial Statement Overview

Summary

Strong overall fundamentals led by an exceptionally conservative balance sheet (near-zero leverage and growing equity). Profitability remains solid in FY2025, but revenue declined (~9%) and margins cooled versus FY2023–FY2024, and the history includes loss years and uneven cash flow.

Income Statement

Profitability is solid in the most recent year (FY2025) with gross margin ~51% and net margin ~7%, but earnings power has cooled versus FY2024 (net margin ~10%) and FY2023 (net margin ~15%). Revenue declined about 9% in FY2025 after modest growth in FY2024, pointing to a choppy demand backdrop. The company has demonstrated it can be highly profitable in stronger years, but the multi-year pattern includes a loss in FY2022 and FY2020, which tempers the quality and consistency of the earnings profile.

Balance Sheet

The balance sheet is a clear strength: debt is effectively negligible (near-zero debt-to-equity across the period), providing significant financial flexibility and low refinancing risk. Equity has grown from ~¥40.0B (FY2020) to ~¥46.8B (FY2025), supporting a stronger capital base. Returns on equity are positive and reasonable in FY2025 (~5.5%) but have trended down from FY2023 (~13%), indicating that while leverage risk is minimal, profit generation on the equity base has moderated.

Cash Flow

Cash generation is positive and improved in FY2025, with operating cash flow (~¥4.6B) and free cash flow (~¥3.4B) both strong versus FY2024. However, free cash flow was meaningfully lower in FY2024 (~¥1.5B) and was negative in FY2021 and FY2020, showing periodic volatility. Cash conversion in FY2025 was decent (free cash flow roughly 73% of net income), but the track record suggests cash flows can swing with the operating environment and investment needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	28.95B	34.60B	36.98B	34.87B	29.61B	26.93B
Gross Profit	14.24B	17.66B	19.50B	17.90B	13.11B	12.98B
EBITDA	2.60B	5.21B	6.69B	5.72B	1.62B	2.59B
Net Income	886.00M	2.57B	3.64B	5.30B	-1.78B	122.00M
Balance Sheet
Total Assets	49.72B	53.17B	51.34B	51.16B	45.40B	50.80B
Cash, Cash Equivalents and Short-Term Investments	16.88B	21.65B	20.13B	20.40B	19.48B	18.79B
Total Debt	914.00M	3.00M	0.00	0.00	0.00	0.00
Total Liabilities	5.92B	6.39B	8.40B	11.37B	8.78B	9.96B
Stockholders Equity	43.80B	46.78B	42.94B	39.79B	36.62B	40.83B
Cash Flow
Free Cash Flow	0.00	3.36B	1.54B	4.40B	982.00M	-2.05B
Operating Cash Flow	0.00	4.61B	3.73B	5.51B	3.07B	-52.00M
Investing Cash Flow	0.00	-2.02B	-2.47B	-911.00M	-1.36B	-1.36B
Financing Cash Flow	0.00	-1.17B	-1.13B	-3.47B	-1.12B	-1.12B

Fujishoji Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1070.00
• 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:6257, the sentiment is Positive. The current price of 1070 is below the 20-day moving average (MA) of 1090.85, below the 50-day MA of 1070.96, and above the 200-day MA of 1049.56, indicating a neutral trend. The MACD of 3.78 indicates Positive momentum. The RSI at 52.54 is Neutral, neither overbought nor oversold. The STOCH value of 38.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6257.

Fujishoji Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6419	81 Outperform	¥54.13B	8.36	―	4.70%	-25.28%	-24.84%
6417	79 Outperform	¥528.45B	9.19	21.12%	4.08%	16.05%	27.25%
6257	76 Outperform	¥22.67B	-5.36	―	5.22%	-58.15%	-183.95%
6061	73 Outperform	¥30.42B	13.66	―	0.38%	18.70%	41.87%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%