Workman Co., Ltd. (7564) AI Stock Analysis

• Market Cap: ¥448.04B
• Dividend Yield: 1.24%
• Average Volume (3M): 318.03K
• Price to Earnings (P/E): 24.5
• Beta (1Y): -0.07
• Revenue Growth: 5.25%
• EPS Growth: 14.24%
• Country: JP
• Employees: 381
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Apparel - Retail
• EPS (TTM): 71.28
• Shares Outstanding: 81,846,820
• 10 Day Avg. Volume: 267,050
• 30 Day Avg. Volume: 318,026
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥4,500.00
• Price Target Upside: -18.03% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ¥6,315.00 ▲(15.03% Upside)

Workman Co., Ltd. is supported by strong financial performance, characterized by consistent growth and low financial risk. However, technical analysis indicates mixed signals with potential bearish momentum, and valuation metrics suggest the stock might be overvalued. These factors result in a moderate overall stock score.

Workman Co., Ltd. Business Overview & Revenue Model

Company Description

Workman Co.,Ltd. operates a chain of specialty retail stores by franchise system in Japan. Its stores offer working clothes and work-related products, such as waterproof winter clothing, rain suits, tethers, rainwear, aluminum jumpers and vests, go feathers, yakke products, cargo pants, safety shoes and boots, caps, sanitary boots, kitchen shoes, underground footwear, winter shoes, socks, leather and rubber gloves, white clothes, non-woven fabrics, aprons, safety bands, military hands, masks, helmets, tools, belts, cool clothes, high necks, T-shirts, polo shirts, compression, event uniforms, and office uniforms. The company serves customers from construction, civil engineering, manufacturing, electricity/gas/water supply, transportation/warehouse, food processing, agriculture, forestry and fisheries, eating out, nursing/medical care, and other industries. As of March 31, 2021, it operated 906 stores. The company was founded in 1979 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Workman Co., Ltd. generates revenue primarily through the sale of workwear and outdoor apparel. The company operates a network of retail stores throughout Japan, which serves as its primary sales channel. Additionally, Workman has been expanding its e-commerce platform to reach a broader customer base. The company's revenue model is supported by its ability to offer high-quality products at competitive prices, achieved through efficient supply chain management and economies of scale. Partnerships with manufacturers and a strong focus on customer satisfaction also contribute to its earnings, ensuring a loyal customer base and consistent sales growth.

Workman Co., Ltd. Financial Statement Overview

Summary

Workman Co., Ltd. exhibits strong financial health with consistent revenue and profit growth, robust profitability margins, a solid balance sheet with low leverage, and efficient cash flow management. These factors contribute to the company's stability and low financial risk.

Income Statement

Workman Co., Ltd. demonstrates strong financial performance with consistent revenue growth of 3.23% from 2024 to 2025. The company maintains healthy profitability margins with a gross profit margin of 35.13% and a net profit margin of 12.34% in 2025. EBIT and EBITDA margins are also robust, indicating efficient operational management. These metrics highlight the company's solid growth trajectory and profitability stability.

Balance Sheet

The balance sheet reflects a strong financial position with a debt-to-equity ratio of 0.013, indicating low leverage. The equity ratio is high at 83.39%, which suggests a solid capital structure and low financial risk. Return on equity (ROE) is a healthy 12.48%, showing effective use of shareholders' equity to generate profits. This stability and low-risk profile are significant strengths.

Cash Flow

Workman Co., Ltd. shows robust cash flow management with a free cash flow growth rate of 63.34% from 2024 to 2025. The operating cash flow to net income ratio is 1.47, demonstrating effective cash generation from operations. The free cash flow to net income ratio is 1.10, indicating strong cash flow relative to profits. These metrics reflect the company's healthy liquidity and efficient cash flow operations.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	136.93B	132.65B	128.29B	116.26B	105.81B
Gross Profit	48.11B	47.23B	44.76B	46.06B	41.76B
EBITDA	27.98B	26.44B	27.04B	29.41B	27.09B
Net Income	16.89B	15.99B	16.66B	18.30B	17.04B
Balance Sheet
Total Assets	162.23B	148.36B	135.75B	125.14B	112.88B
Cash, Cash Equivalents and Short-Term Investments	80.38B	68.19B	62.64B	64.28B	57.81B
Total Debt	1.81B	1.93B	2.06B	2.20B	2.33B
Total Liabilities	26.93B	22.93B	21.51B	21.59B	22.28B
Stockholders Equity	135.30B	125.43B	114.23B	103.56B	90.59B
Cash Flow
Free Cash Flow	18.57B	11.37B	4.16B	11.79B	16.71B
Operating Cash Flow	24.79B	15.23B	8.81B	18.45B	21.32B
Investing Cash Flow	-29.93B	-9.00B	230.00M	-9.63B	-4.54B
Financing Cash Flow	-5.67B	-5.68B	-5.68B	-5.35B	-4.21B

Workman Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5490.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7564, the sentiment is Negative. The current price of 5490 is below the 20-day moving average (MA) of 5798.50, below the 50-day MA of 6117.40, and above the 200-day MA of 4804.33, indicating a neutral trend. The MACD of -197.16 indicates Positive momentum. The RSI at 29.50 is Positive, neither overbought nor oversold. The STOCH value of 12.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7564.

Workman Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7564	67 Neutral	¥448.04B	24.53		1.24%	5.25%	14.24%
Sector *	61 Neutral	$17.75B	12.56	-5.49%	3.02%	1.43%	-14.12%
AMKYF	―	$4.90B	18.05	12.68%	2.19%	―	―
SHAOF	―	$5.53B	18.80	8.60%	1.82%	―	―
9B7	―	€715.37M	11.84	5.63%	―	―	―
8214	78 Outperform	¥149.60B	16.07		3.08%	2.37%	19.23%
7606	72 Outperform	¥61.18B	14.89		2.56%	11.62%	-17.80%

Workman Co., Ltd. Corporate Events

Workman Co., Ltd. Reports Strong Q2 2025 Financial Results

Workman Co., Ltd. reported a significant increase in its financial performance for the three months ending June 30, 2025, with operating revenue rising by 12.2% and net income increasing by 29% compared to the previous year. This growth reflects a strong market position and operational efficiency, suggesting positive implications for stakeholders and a robust outlook for the fiscal year.

The most recent analyst rating on (JP:7564) stock is a Sell with a Yen3600.00 price target. To see the full list of analyst forecasts on Workman Co., Ltd. stock, see the JP:7564 Stock Forecast page.

Workman Co., Ltd. Reports Positive Financial Growth for FY 2025

Workman Co., Ltd. reported its non-consolidated financial results for the fiscal year ending March 31, 2025, showing a steady increase in revenue and profits compared to the previous year. The company achieved a total operating revenue of 136,933 million yen, marking a 3.2% increase, and a net income of 16,892 million yen, up by 5.7%. This growth reflects the company’s strong market position and effective business strategies, which have positively impacted its financial performance. The company also announced a dividend increase, indicating confidence in its future prospects.