Koyosha Inc. (7946) AI Stock Analysis

• Market Cap: ¥1.28B
• Dividend Yield: 1.77%
• Average Volume (3M): 50.03K
• Price to Earnings (P/E): 25.4
• Beta (1Y): 1.05
• Revenue Growth: 3.75%
• EPS Growth: -61.56%
• Country: JP
• Employees: 181
• Sector: Industrials
• Sector Strength: 74
• Industry: Specialty Business Services
• EPS (TTM): -7.59
• Shares Outstanding: 850,100
• 10 Day Avg. Volume: 9,440
• 30 Day Avg. Volume: 50,030
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥2,084.00
• Price Target Upside: 11.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ¥2,084.00 ▲(11.15% Upside)

Koyosha Inc.'s stock score is primarily driven by its strong financial stability and positive revenue growth. However, profitability challenges and negative cash flow impact the overall score. Technical indicators suggest a mixed outlook, with potential oversold conditions. The valuation appears high, which may limit upside potential.

Koyosha Inc. Business Overview & Revenue Model

Company Description

Koyosha Inc. (7946) is a Japanese company primarily engaged in the manufacturing and sale of printing-related equipment and consumables. It operates within the industrial and commercial sectors, supplying a range of products that cater to the needs of the printing industry. The company's core offerings include printing plates, inks, and machinery, which are essential for various printing processes.

How the Company Makes Money

Koyosha Inc. generates revenue through the sale of its printing equipment, consumables, and related services. The company's primary revenue streams include the manufacturing and distribution of printing plates, inks, and printing machinery to commercial printers and industrial clients. Additionally, Koyosha may engage in maintenance services and support contracts for its machinery, providing an ongoing source of income. Strategic partnerships with other industry players and technological innovation contribute to Koyosha's ability to maintain a competitive edge and enhance its earnings potential.

Koyosha Inc. Financial Statement Overview

Summary

Koyosha Inc. shows positive revenue growth and strong balance sheet stability with low leverage and a solid equity base. However, profitability challenges and negative free cash flow highlight the need for improved operational efficiencies and cash flow management.

Income Statement

Koyosha Inc. demonstrated a steady revenue growth rate of 5.2% from 2024 to 2025 and a 4.5% increase from 2023 to 2024, highlighting a positive growth trajectory. The gross profit margin remained healthy at approximately 21.5% in 2025, though there was a decline in net profit margin from 3.3% in 2024 to 1.3% in 2025, indicating some pressure on profitability. EBIT and EBITDA margins in 2025 were modest at 1.3% and 5.6% respectively, suggesting room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio improved to 0.24 in 2025, reflecting strong financial stability and low leverage. Return on Equity (ROE) declined to 3.4% in 2025 from 7.5% in 2024, due to decreased net income. The equity ratio stood strong at 56.2% in 2025, indicating a solid capital structure with sufficient equity backing.

Cash Flow

Operating cash flow decreased significantly to ¥14.1 million in 2025 from ¥217.95 million in 2024, impacting cash flow stability. Free cash flow turned negative at -¥78.5 million in 2025, reflecting increased capital expenditures. The operating cash flow to net income ratio dropped to 0.23 in 2025 from 1.49 in 2024, indicating reduced cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.73B	4.73B	4.49B	4.30B	4.06B	3.83B
Gross Profit	1.01B	1.01B	981.83M	874.96M	797.08M	662.88M
EBITDA	209.34M	265.68M	323.13M	221.59M	186.59M	103.58M
Net Income	59.82M	60.69M	146.46M	58.36M	33.80M	-112.23M
Balance Sheet
Total Assets	3.18B	3.18B	3.50B	3.59B	4.07B	4.20B
Cash, Cash Equivalents and Short-Term Investments	1.01B	1.01B	1.27B	1.27B	1.81B	1.75B
Total Debt	433.51M	433.51M	352.86M	514.00M	585.73M	661.89M
Total Liabilities	1.39B	1.39B	1.54B	1.77B	2.32B	1.97B
Stockholders Equity	1.79B	1.79B	1.96B	1.82B	1.76B	2.23B
Cash Flow
Free Cash Flow	0.00	-78.50M	-675.00K	29.66M	137.37M	130.13M
Operating Cash Flow	0.00	14.13M	217.95M	58.29M	179.97M	202.34M
Investing Cash Flow	0.00	-77.00M	97.63M	-124.34M	-103.26M	-60.12M
Financing Cash Flow	0.00	-148.57M	-161.21M	-566.96M	-76.54M	181.25M

Koyosha Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1875.00
• 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:7946, the sentiment is Neutral. The current price of 1875 is below the 20-day moving average (MA) of 1905.45, above the 50-day MA of 1818.90, and above the 200-day MA of 1510.29, indicating a neutral trend. The MACD of -12.07 indicates Positive momentum. The RSI at 48.47 is Neutral, neither overbought nor oversold. The STOCH value of 39.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:7946.

Koyosha Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7811	83 Outperform	¥17.40B	8.50		3.38%	10.92%	170.02%
7914	76 Outperform	¥50.36B	10.81		4.88%	1.93%	202.39%
7987	73 Outperform	¥15.01B	6.47		3.87%	2.83%	124.03%
7919	68 Neutral	¥3.49B	6.92		3.69%	2.39%	-8.65%
7946	66 Neutral	¥1.28B	25.36		1.77%	3.75%	-61.56%
Sector *	64 Neutral	$10.73B	15.74	7.64%	2.01%	2.76%	-15.10%
7916	60 Neutral	¥4.67B	28.97		3.35%	-0.55%	―