Jamco (7408) AI Stock Analysis

• Market Cap: $48.10B
• Dividend Yield: 1.41%
• Average Volume (3M): 65.84K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 0.50
• Revenue Growth: 23.43%
• EPS Growth: 150.36%
• Country: JP
• Employees: 2,692
• Sector: Industrials
• Sector Strength: 92
• Industry: Aerospace & Defense
• EPS (TTM): 59.04
• Shares Outstanding: 26,863,974
• 10 Day Avg. Volume: 143,660
• 30 Day Avg. Volume: 65,843
• PEG Ratio: -0.12
• Price to Book (P/B): 3.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -50.24
• 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: $1,976.81
• Price Target Upside: 10.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ¥1,983.00 ▲(10.54%Upside)

Jamco's stock is bolstered by strong financial recovery and reasonable valuation, reflected in its attractive P/E ratio and improving financial metrics. However, the stock's technical indicators suggest a neutral market sentiment, and the company's high leverage remains a risk. The absence of earnings call insights means fewer qualitative assessments are available.

Jamco Business Overview & Revenue Model

Company Description

JAMCO Corporation manufactures and sells aircraft interiors, seats, and components in Japan. The company offers aircraft interior products, including galleys and bar counters; lavatories comprising touch-less faucets, counters, mirrors and lights, bidet systems, and touch-less flush switches; galley inserts consisting of steam ovens; and flight deck linings, consoles, and stowage, as well as seats and seat consoles. It also provides aircraft components, which includes heat exchangers and chassis for electronic equipment; aircraft engine parts, such as cooling manifolds, engine pipes, turbine shrouds, and outer transition liner products; and stringers and stiffeners for vertical tails. In addition, the company offers aircraft maintenance services for small-sized aircraft and helicopters and regional aircraft; and aircraft accessories maintenance services for system components, rescue hoists, wheels and brakes, high pressure gas cylinder, emergency evacuation slides, and cabin equipment and atmospheric observation equipment. Further, it provides nondestructive testing, welding, composites, and laser machining services. The company was formerly known as New Japan Aircraft Maintenance Co., Ltd. and changed its name to JAMCO Corporation in June 1988. JAMCO Corporation was incorporated in 1949 and is headquartered in Tachikawa, Japan.

How the Company Makes Money

Jamco Corporation generates revenue through the design, manufacturing, and sale of aircraft interior products. Key revenue streams include custom seating solutions, galley systems, and lavatory units supplied to commercial airlines and aircraft manufacturers. The company also earns income through maintenance, repair, and overhaul (MRO) services for existing aircraft interior components. Strategic partnerships with leading aerospace companies and airlines enhance its market presence and contribute to its financial performance.

Jamco Financial Statement Overview

Summary

Jamco has demonstrated improvement in revenue and profitability with a 23.4% revenue increase from 2024 to 2025 and better net profit margins. However, past negative profitability and high leverage remain concerns.

Income Statement

Jamco has shown significant improvement in its revenue and profitability over the recent years. The company's revenue has grown consistently, with a notable increase of 23.4% from 2024 to 2025. Net profit margins have also improved, reaching 5.4% in 2025, indicating efficient cost management. However, the company experienced a period of negative profitability in 2021 and 2022, which poses a concern regarding stability.

Balance Sheet

The balance sheet reflects a stable position with an improving equity base, increasing to 17% of total assets in 2025. The debt-to-equity ratio has been relatively high, at 2.89 in 2025, which suggests a reliance on debt financing. Nonetheless, the return on equity has improved to 21.9% in 2025, indicating effective use of shareholder funds despite the high leverage.

Cash Flow

Jamco has demonstrated strong cash flow recovery, with free cash flow turning positive in 2025. The operating cash flow to net income ratio is robust at 2.25 in 2025, reflecting strong cash-generating ability relative to net income. However, past years have shown volatility in cash flows, which suggests potential risks in cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	75.19B	79.00B	64.00B	47.23B	39.08B	50.06B
Gross Profit	16.40B	18.66B	11.92B	10.07B	4.36B	-4.10B
EBITDA	7.21B	9.59B	3.96B	4.90B	-203.16M	-13.87B
Net Income	2.96B	4.29B	1.71B	2.17B	-4.08B	-13.59B
Balance Sheet
Total Assets	120.45B	115.26B	108.22B	100.79B	93.65B	101.24B
Cash, Cash Equivalents and Short-Term Investments	15.14B	15.99B	6.77B	8.33B	9.28B	5.28B
Total Debt	57.25B	56.63B	54.47B	52.78B	52.28B	53.03B
Total Liabilities	102.95B	95.66B	93.14B	87.41B	82.56B	84.72B
Stockholders Equity	17.50B	19.60B	15.07B	13.02B	10.76B	16.22B
Cash Flow
Free Cash Flow	0.00	8.21B	-110.22M	-798.72M	6.01B	-12.65B
Operating Cash Flow	0.00	9.64B	1.40B	87.27M	6.80B	-11.62B
Investing Cash Flow	0.00	-1.66B	-1.69B	-1.03B	-646.18M	-1.10B
Financing Cash Flow	0.00	1.30B	-555.51M	-705.49M	-2.57B	9.58B

Jamco Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1794.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7408, the sentiment is Positive. The current price of 1794 is above the 20-day moving average (MA) of 1792.85, above the 50-day MA of 1793.00, and above the 200-day MA of 1619.08, indicating a bullish trend. The MACD of 0.25 indicates Negative momentum. The RSI at 54.63 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7408.

Jamco Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7408	71 Outperform	$48.10B	11.23	24.99%	1.41%	23.43%	150.36%
Sector *	59 Neutral	AU$1.64B	9.63	11.24%	3.62%	6.75%	3.18%
DDMGF		$379.72M	―	11.87%	2.28%	―	―
6016	79 Outperform	¥57.76B	14.22		1.51%	37.64%	69.78%
7022	78 Outperform	¥9.52B	7.93		2.67%	7.08%	165.25%
7018	68 Neutral	¥9.49B	9.34		0.71%	-3.74%	-55.02%
6022	67 Neutral	¥3.30B	89.92		1.20%	-1.11%	2.09%

Jamco Corporate Events

Jamco Corporation Reports Strong Financial Recovery Amid Tender Offer and Delisting Plans

Jamco Corporation reported a significant financial turnaround for the fiscal year ending March 31, 2025, with a 23.4% increase in net sales and a dramatic rise in net income attributable to shareholders by 150.6%. Despite the positive financial results, the company announced that it would not pay dividends for the fiscal year 2024 due to a tender offer by K.K. BCJ-92, which is expected to lead to the company’s delisting. This strategic move indicates a shift in ownership and potential restructuring, impacting stakeholders and the company’s future market presence.

JAMCO Corporation Announces Successful Tender Offer and Shareholder Changes

JAMCO Corporation announced the successful completion of a tender offer for its common shares by K.K. BCJ-92, which began on April 21, 2025, and concluded on May 21, 2025. This transaction will result in significant changes in the company’s shareholder structure, with K.K. BCJ-92 becoming the largest major shareholder and an affiliated company, while ITOCHU Corporation will cease to be the largest major shareholder.

K.K. BCJ-92 Amends Tender Offer for JAMCO Corporation

K.K. BCJ-92 has announced amendments to its tender offer for shares of JAMCO Corporation, a company listed on the Tokyo Stock Exchange. The amendments follow a notification to the Minister of Finance and are related to the Foreign Exchange and Foreign Trade Act. The changes do not alter the terms of purchase, and the tender offer is expected to proceed as planned.

Jamco Corporation Supports Tender Offer for Privatization

Jamco Corporation has announced its support for a tender offer by K.K. BCJ-92 to acquire all of its common shares, with the intention of privatizing and delisting the company. This decision, backed by the board of directors, reflects a strategic move that could impact shareholders and the company’s market positioning.