Amifa Co.,Ltd. (7800) AI Stock Analysis

• Market Cap: ¥4.42B
• Dividend Yield: 4.01%
• Average Volume (3M): 11.59K
• Price to Earnings (P/E): 2.1
• Beta (1Y): 0.14
• Revenue Growth: 2.79%
• EPS Growth: N/A
• Country: JP
• Employees: 88
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Packaging & Containers
• EPS (TTM): 77.76
• Shares Outstanding: 3,235,000
• 10 Day Avg. Volume: 11,840
• 30 Day Avg. Volume: 11,593
• PEG Ratio: -0.06
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.21
• P/FCF Ratio: 3.55
• 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: 74 Outperform
• Price Target: ¥1,603.00 ▲(146.24% Upside)
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is driven primarily by improving financial performance (growth, better profitability, and stronger free cash flow) and strong technical momentum. Valuation also supports the rating with a low P/E and a modest dividend, while rising leverage remains the main fundamental risk factor.

Positive Factors

Margin Recovery

Sustained conversion of EBIT/EBITDA from negative to positive reflects lasting operational improvements and cost control. Positive operating margins support durable profitability, provide buffer against cyclicality in packaging demand, and improve long-term ability to self-fund investments and dividends.

Free Cash Flow Strength

Strong free cash flow recovery indicates the company now converts earnings into cash reliably, strengthening financial flexibility. Durable cash generation reduces refinancing risk, enables debt paydown, funds capex or dividends, and supports strategic investments without relying on external capital.

Improved Return & Capital Structure

An improving ROE signals more efficient use of shareholder capital, while a solid equity ratio indicates a resilient capital base. Together these durable traits provide levers for sustainable growth financing, enhancing investor confidence and supporting long-term strategic execution.

Negative Factors

Rising Leverage

Increasing debt-to-equity elevates financial leverage and interest exposure, reducing operational flexibility during downturns. Over a multi-month horizon, higher leverage can constrain capital allocation, increase refinancing risk, and amplify earnings volatility if margins or cash flow dip.

Net Margin Volatility

Volatile net margins undermine predictability of earnings and free cash flow. Persistent variability suggests exposure to input cost swings, pricing limits, or one-off items; this makes long-term planning and consistent shareholder returns more difficult and raises execution risk.

Recent Reported Revenue Decline

A reported large negative revenue growth metric indicates downside risk to scale and top-line sustainability. If such declines persist, they can erode operating leverage and margins, limiting the company's ability to sustain improvements in cash flow and ROE absent durable demand recovery or new revenue sources.

Amifa Co.,Ltd. Business Overview & Revenue Model

Company Description

Amifa Co.,Ltd. manufactures and distributes lifestyle miscellaneous goods in Japan. The company offers gift wrapping products, such as gift wrap papers, ribbons, paper bags, paper boxes, and plastic bags; and stationery and DIY products, including washi tapes, sticky notes, memo pads, journals, paperware, etc. It also provides hand-made craft, kitchenware, and tableware; fleur goods, such as preserving flowers, herbarium, flower materials/vessels, and flower wrapping materials; and wrapping materials, and display services and materials for sales promotion, etc. The company offers its products under the Amifa brand to 100-yen shop companies, retailers, wholesalers, flower arrangement schools, department stores, stationery shops, and miscellaneous shops. The company was incorporated in 1973 and is headquartered in Minato-ku, Japan.

How the Company Makes Money

Amifa Co., Ltd. generates revenue through multiple key streams, primarily from the sale of its consumer products across various distribution channels. The company sells its products through retail partnerships, e-commerce platforms, and direct sales to businesses. Additionally, Amifa benefits from strategic partnerships with retailers and online marketplaces that amplify its market presence and product visibility. The company also engages in seasonal promotions and collaborations with designers, which not only enhances brand appeal but also drives sales. Furthermore, Amifa's focus on sustainability and innovative product development attracts a growing customer base, contributing positively to its revenue growth.

Amifa Co.,Ltd. Financial Statement Overview

Summary

Solid fundamentals supported by consistent revenue growth and improved profitability (EBIT/EBITDA turning positive). Cash flow quality has strengthened with strong free cash flow recovery and healthy cash conversion, while rising leverage on the balance sheet is a key item to monitor.

Income Statement

Amifa Co.,Ltd. has shown consistent revenue growth over the years, with a notable increase in the latest period. The gross profit margin has remained relatively stable, indicating effective cost management. However, the net profit margin has been volatile, with a significant improvement in the latest year, suggesting better profitability control. EBIT and EBITDA margins have improved from negative to positive, reflecting operational efficiency gains.

Balance Sheet

The company's debt-to-equity ratio has increased, indicating higher leverage, but it remains at a manageable level. Return on equity has improved, showing better utilization of shareholder funds. The equity ratio suggests a solid capital structure, though the increase in total debt warrants monitoring.

Cash Flow

Amifa Co.,Ltd. has demonstrated strong free cash flow growth, recovering from previous negative figures. The operating cash flow to net income ratio indicates healthy cash generation relative to profits. The free cash flow to net income ratio is strong, suggesting effective conversion of profits into cash.

Breakdown	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	8.84B	8.60B	8.13B	5.92B	4.68B
Gross Profit	2.84B	2.45B	2.70B	2.38B	2.07B
EBITDA	276.19M	-243.26M	240.79M	290.37M	292.71M
Net Income	194.50M	-283.92M	147.44M	222.07M	172.78M
Balance Sheet
Total Assets	3.68B	3.81B	4.43B	3.11B	2.95B
Cash, Cash Equivalents and Short-Term Investments	842.21M	719.07M	876.21M	898.13M	1.28B
Total Debt	500.67M	800.26M	1.30B	17.50M	87.50M
Total Liabilities	1.54B	1.93B	2.04B	633.26M	664.90M
Stockholders Equity	2.14B	1.88B	2.39B	2.47B	2.29B
Cash Flow
Free Cash Flow	517.98M	397.69M	-1.07B	-249.65M	86.33M
Operating Cash Flow	527.74M	441.89M	-1.03B	-233.92M	132.54M
Investing Cash Flow	-27.64M	-44.20M	-35.50M	-15.46M	-58.42M
Financing Cash Flow	-372.01M	-555.95M	1.05B	-131.50M	-127.82M

Amifa Co.,Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 651.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7800, the sentiment is Neutral. The current price of 651 is below the 20-day moving average (MA) of 1404.60, below the 50-day MA of 1048.20, and below the 200-day MA of 726.63, indicating a neutral trend. The MACD of 108.29 indicates Positive momentum. The RSI at 53.24 is Neutral, neither overbought nor oversold. The STOCH value of 8.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:7800.

Amifa Co.,Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5901	79 Outperform	¥496.44B	10.13	6.90%	2.71%	-0.06%	137.47%
3950	76 Outperform	¥78.14B	12.05	―	6.64%	2.85%	-9.13%
7800	74 Outperform	¥4.42B	2.09	―	4.01%	2.79%	―
7942	73 Outperform	¥59.96B	5.78	―	3.31%	0.83%	-9.16%
7864	70 Outperform	¥145.80B	4.25	10.46%	2.35%	4.56%	49.23%
5204	66 Neutral	¥14.11B	4.06	―	1.95%	1.92%	-30.29%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%