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Itoki Corporation
(7972)
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Rating:62Neutral
Price Target:
¥2,706.00
▲(10.90% Upside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by improving profitability and growth, but is held back by balance-sheet leverage that stepped up in 2024 and a history of cash-flow volatility (notably negative operating/free cash flow in 2024). Technicals further weigh on the score because the stock trades below major moving averages despite a near-oversold RSI. Valuation is a relative support, with a moderate P/E and a ~2.55% dividend yield.
Positive Factors
Revenue Growth
Sustained top-line expansion from 2020–2025 demonstrates growing demand for Itoki’s office furnishing solutions and steady market share gains. A multi-year revenue trend reduces reliance on one-time wins and supports scalable operations, aiding investment planning and long-term profitability stability.
Negative Factors
Elevated Leverage Spike
A sharp increase in debt materially raised financial risk and reduces flexibility to fund operations or pursue strategic moves without raising costs. Higher leverage magnifies downturn exposure, increases interest obligations, and can constrain capital allocation if earnings or cash flow weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line expansion from 2020–2025 demonstrates growing demand for Itoki’s office furnishing solutions and steady market share gains. A multi-year revenue trend reduces reliance on one-time wins and supports scalable operations, aiding investment planning and long-term profitability stability.
Read all positive factors
Itoki Corporation (7972) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥140.89B
Dividend Yield2.81%
Average Volume (3M)108.29K
Price to Earnings (P/E)13.0
Beta (1Y)1.02
Revenue Growth10.72%
EPS Growth11.90%
CountryJP
Employees4,164
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)183.90
Shares Outstanding53,382,850
10 Day Avg. Volume98,130
30 Day Avg. Volume108,290
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)2.12
Price to Sales (P/S)0.78
P/FCF Ratio23.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)235.82
Revenue Forecast (FY)¥171.63B
Itoki Corporation Business Overview & Revenue Model
Company Description
Itoki Corporation, headquartered in Tokyo, Japan, is a prominent manufacturer and supplier of office and equipment-related products and services, serving both domestic and international markets. The company provides comprehensive solutions for mod...
How the Company Makes Money
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Itoki Corporation Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
64
Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 145.19B | 153.68B | 138.46B | 132.99B | 123.32B | 115.91B |
| Gross Profit | 60.99B | 64.81B | 55.20B | 52.24B | 45.75B | 41.72B |
| EBITDA | 16.87B | 18.79B | 13.48B | 11.42B | 11.76B | 5.27B |
| Net Income | 9.06B | 9.38B | 7.18B | 5.91B | 5.29B | 1.17B |
Balance Sheet | ||||||
| Total Assets | 126.25B | 130.72B | 120.52B | 117.44B | 115.29B | 103.90B |
| Cash, Cash Equivalents and Short-Term Investments | 25.29B | 21.63B | 22.48B | 24.80B | 26.98B | 17.45B |
| Total Debt | 41.27B | 34.63B | 37.55B | 16.94B | 20.10B | 19.44B |
| Total Liabilities | 72.26B | 73.91B | 71.17B | 62.43B | 65.37B | 58.82B |
| Stockholders Equity | 53.91B | 56.71B | 49.26B | 54.96B | 49.87B | 44.93B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.19B | -4.15B | 3.00B | 1.66B | 664.00M |
| Operating Cash Flow | 0.00 | 8.94B | -1.00B | 6.32B | 5.80B | 2.77B |
| Investing Cash Flow | 0.00 | -3.85B | -7.11B | -4.01B | 4.92B | -1.17B |
| Financing Cash Flow | 0.00 | -5.94B | 5.91B | -4.15B | -1.43B | -2.66B |
Itoki Corporation Technical Analysis
Negative
2440.00
Price Trends
2684.64
Negative
2869.84
Negative
2761.33
Negative
Market Momentum
-24.52
Positive
43.24
Neutral
34.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7972, the sentiment is Negative. The current price of 2440 is below the 20-day moving average (MA) of 2809.20, below the 50-day MA of 2684.64, and below the 200-day MA of 2761.33, indicating a bearish trend. The MACD of -24.52 indicates Positive momentum. The RSI at 43.24 is Neutral, neither overbought nor oversold. The STOCH value of 34.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7972.
Itoki Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥38.42B | 9.03 | ― | 2.83% | 2.73% | -17.96% | |
73 Outperform | ¥503.93B | 13.93 | 8.79% | 2.81% | 3.53% | 25.11% | |
73 Outperform | ¥190.50B | 13.49 | ― | 3.41% | 2.58% | 26.69% | |
73 Outperform | ¥182.19B | 11.14 | ― | 4.91% | 3.91% | 28.69% | |
72 Outperform | ¥212.35B | 21.16 | ― | 2.53% | 3.33% | 11.15% | |
62 Neutral | ¥140.89B | 12.99 | ― | 2.20% | 10.72% | 11.90% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
* Consumer Cyclical Sector Average
JP:7972
Itoki Corporation
2,672.00
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Itoki Corporation Corporate Events
Itoki lifts interim profits, maintains upbeat full-year outlook and higher dividend
Aug 6, 2026
Itoki Corporation reported solid growth for the six months ended June 30, 2026, with net sales rising 8.9% year on year to ¥86.3 billion and operating profit increasing 9.5% to ¥11.6 billion. Profit attributable to owners of the parent c...
Itoki Reshapes Executive Team to Strengthen Overseas, Quality, and DX Operations
Jun 12, 2026
Itoki Corporation announced several executive officer changes effective July 1, 2026, appointing Nobuyuki Kitazawa as Executive Officer and Executive Manager of the Overseas Business Division, and Hiroyuki Ito as Executive Officer and Executive Ma...
Itoki Posts Double-Digit Profit Growth and Confirms 2026 Outlook
May 14, 2026
Itoki Corporation reported solid growth for the three months ended March 31, 2026, with net sales rising 10.5% year on year to ¥47.2 billion and profit attributable to owners of parent increasing 12.7% to ¥5.54 billion. Operating and ord...
Itoki Delivers Strong Q1 Growth and Confirms 2026 Forecasts
May 14, 2026
Itoki Corporation reported solid growth for the three months ended March 31, 2026, with net sales rising 10.5% year on year to ¥47.2 billion and profit attributable to owners of parent up 12.7% to ¥5.54 billion, lifting basic earnings pe...
Itoki Completes Treasury Stock Disposal for Management Stock-Based Compensation
May 12, 2026
Itoki Corporation has completed the payment procedures for disposing of 62,300 shares of its treasury stock as restricted stock-based compensation to internal management. The move is part of a long-term incentive scheme aimed at aligning directors...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.