JSP Corporation (7942) AI Stock Analysis

• Market Cap: ¥56.40B
• Dividend Yield: 4.23%
• Average Volume (3M): 34.16K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.91
• Revenue Growth: 5.33%
• EPS Growth: -12.21%
• Country: JP
• Employees: 3,053
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Packaging & Containers
• EPS (TTM): 6.08
• Shares Outstanding: 31,413,471
• 10 Day Avg. Volume: 31,690
• 30 Day Avg. Volume: 34,163
• PEG Ratio: -0.68
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 67.45
• 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: ¥2,027.00
• Price Target Upside: 7.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 80 Outperform
• Price Target: ¥2,176.00 ▲(15.01%Upside)

JSP Corporation scores a solid 80, driven by strong technical indicators and attractive valuation metrics. While financial performance shows revenue growth and a strong balance sheet, improvements in profitability and cash flow are needed to strengthen the company's long-term prospects.

JSP Corporation Business Overview & Revenue Model

Company Description

JSP Corporation manufactures and sells expanded polymers worldwide. The company offers materials products, such as ARPRO, an impact energy management material used in automotive applications, multi-use transport packaging, HVAC housings, and others; STYRODIA used in various applications comprising packaging for consumer electronics, hot and cold food containers, construction insulation, and within civil engineering materials; and FOAMCORE used in prefabricated bathrooms and automotive components. It also provides sheet and board products under the MIRAMAT, CAPLON, P-BOARD, STYRENE PAPER, MIRABOARD, and MIRAFOAM names for advertising boards, construction, food packaging, and industrial packaging markets. The company was incorporated in 1962 and is headquartered in Tokyo, Japan. JSP Corporation is a subsidiary of Mitsubishi Gas Chemical Company, Inc.

How the Company Makes Money

JSP Corporation generates revenue through the sale of its expanded plastic products, which are primarily used in packaging, automotive, and construction industries. The company's revenue model is built on manufacturing and distributing its products to a diverse customer base, including manufacturers of automobiles, electronics, and consumer goods. Key revenue streams include sales of EPS and EPP products, which are prized for their versatility and are integral to lightweight and energy-efficient applications. JSP Corporation also benefits from strategic partnerships and collaborations with companies in the automotive and construction industries, which help in expanding its market reach and enhancing product innovation.

JSP Corporation Financial Statement Overview

Summary

JSP Corporation shows solid revenue growth and a strong balance sheet, with low leverage and high equity coverage. However, declining profitability margins and decreasing cash flow generation indicate areas for improvement.

Income Statement

JSP Corporation has demonstrated a consistent increase in total revenue over the years, with a growth rate of 5.34% from 2024 to 2025. While the gross profit margin is relatively stable, net profit margin has decreased from 4.73% in 2024 to 3.56% in 2025, indicating rising costs or reduced pricing power. EBIT and EBITDA margins show a similar trend, suggesting operational efficiencies might need improvement. Overall, while growth is positive, profitability metrics suggest a need for attention.

Balance Sheet

The company's balance sheet is strong, with an increasing stockholders' equity indicating a solid financial foundation. The debt-to-equity ratio remains low at 0.24, suggesting prudent leverage management. ROE, although decreased to 5.01% in 2025, highlights moderate returns on equity. The equity ratio is robust at 65.65%, reflecting a stable asset base funded by equity rather than debt.

Cash Flow

Cash flow analysis reveals a concerning trend with operating cash flow decreasing significantly from 2024 to 2025, impacting the free cash flow, which also declined. The free cash flow to net income ratio is low, indicating potential challenges in converting income into cash flow. While the company has managed capital expenditures well, improvements in operational cash flow generation are needed.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	142.25B	135.05B	131.71B	114.13B	102.67B
Gross Profit	36.53B	35.25B	29.09B	29.06B	28.73B
EBITDA	15.27B	16.62B	10.82B	11.42B	11.79B
Net Income	5.07B	6.39B	2.53B	2.89B	3.02B
Balance Sheet
Total Assets	153.94B	151.60B	144.53B	134.53B	129.05B
Cash, Cash Equivalents and Short-Term Investments	17.46B	19.45B	18.13B	16.19B	17.67B
Total Debt	24.11B	24.63B	24.51B	20.71B	21.27B
Total Liabilities	48.08B	51.54B	48.41B	44.30B	43.49B
Stockholders Equity	101.03B	95.28B	91.71B	85.99B	82.49B
Cash Flow
Free Cash Flow	712.00M	8.89B	525.00M	314.00M	6.54B
Operating Cash Flow	8.90B	15.66B	8.72B	5.97B	12.21B
Investing Cash Flow	-8.61B	-8.06B	-6.48B	-5.89B	-5.17B
Financing Cash Flow	-3.83B	-8.45B	1.02B	-2.56B	-2.27B

JSP Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1892.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7942, the sentiment is Positive. The current price of 1892 is above the 20-day moving average (MA) of 1874.30, above the 50-day MA of 1850.86, and below the 200-day MA of 1958.07, indicating a neutral trend. The MACD of 8.07 indicates Negative momentum. The RSI at 61.93 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7942.

JSP Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7942	80 Outperform	¥56.40B	9.79		4.23%	5.33%	-12.21%
Sector *	67 Neutral	¥267.20B	13.40	6.45%	2.59%	5.22%	-11.90%
FJ3	―	€427.53M	10.25	7.26%	0.56%	―	―
FUJSF	―	$1.04B	12.84	8.65%	0.10%	―	―
3950	79 Outperform	¥65.91B	10.85		7.61%	2.76%	-3.98%
3946	78 Outperform	¥49.97B	7.70		3.28%	3.82%	22.43%
3943	77 Outperform	¥10.25B	9.90		3.00%	6.92%	-11.70%

JSP Corporation Corporate Events

JSP Corporation Asserts Independence Amidst Major Shareholder Influence

JSP Corporation has announced that Mitsubishi Gas Chemical Company Inc. remains its largest shareholder with 47.67% voting rights, despite the dissolution of their capital and business alliance. The company emphasizes its management autonomy and independence, ensuring that its governance system and strategic decisions remain unaffected by MGC’s influence. Transactions with MGC are monitored by a Special Committee on Governance to protect minority shareholders, maintaining fairness and transparency in dealings.

JSP Corporation Announces Dividend Payment from Surplus

JSP Corporation’s Board of Directors has approved a resolution to pay dividends from surplus, with a record date of March 31, 2025, and a dividend of 40 yen per share. This decision aligns with the company’s policy of maintaining stable dividend payments and enhancing shareholder returns, reflecting a payout ratio of 35% or more of consolidated profit.

JSP Corporation Reports Mixed Financial Results for FY 2025

JSP Corporation reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a 5.3% increase in net sales to ¥142,250 million. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with respective decreases of 8.9%, 10.0%, and 20.7%. Despite these challenges, the company increased its annual dividend per share to ¥80.00, reflecting a commitment to shareholder returns. The financial results indicate a mixed performance with growth in sales but pressure on profitability, which could impact its market positioning and stakeholder confidence.

JSP Corporation Reports Fiscal Year 2025 Financial Results

JSP Corporation reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a 5.3% increase in net sales to ¥142,250 million. However, the company experienced a decline in operating profit by 8.9% and ordinary profit by 10%, with profit attributable to owners of the parent decreasing by 20.7%. Despite these challenges, the company increased its annual dividend per share from ¥65.00 to ¥80.00, reflecting a commitment to returning value to shareholders.