Mamiya-Op Co.,Ltd (7991) AI Stock Analysis

• Market Cap: ¥14.42B
• Dividend Yield: 0.69%
• Average Volume (3M): 48.23K
• Price to Earnings (P/E): 3.2
• Beta (1Y): 0.99
• Revenue Growth: 23.04%
• EPS Growth: 5.32%
• Country: JP
• Employees: 1,519
• Sector: Industrials
• Sector Strength: 93
• Industry: Business Equipment & Supplies
• EPS (TTM): 32.05
• Shares Outstanding: 10,508,670
• 10 Day Avg. Volume: 64,110
• 30 Day Avg. Volume: 48,230
• PEG Ratio: -0.27
• Price to Book (P/B): 0.61
• 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: ¥1,568.00
• Price Target Upside: 8.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 82 Outperform
• Price Target: ¥1,599.00 ▲(10.20%Upside)

The overall score of 82.4 reflects strong financial performance and attractive valuation metrics as the main strengths. The financial health is robust with notable revenue and profit growth, although historical volatility in cash flows and profitability warrants caution. The valuation suggests the stock is undervalued, which is a significant positive factor. Technical analysis presents a mixed outlook, tempering the overall score slightly.

Mamiya-Op Co.,Ltd Business Overview & Revenue Model

Company Description

Mamiya-Op Co., Ltd. is a Japanese company that operates in the manufacturing sector, primarily dealing with the production of precision equipment, optics, and cameras. Known for its innovative approach and high-quality products, the company has established a strong presence in both domestic and international markets. Mamiya-Op Co. focuses on delivering cutting-edge technology solutions that cater to a diverse range of industries, including photography, industrial applications, and consumer electronics.

How the Company Makes Money

Mamiya-Op Co., Ltd. generates revenue through the design, manufacturing, and sale of precision equipment and optical devices. The company's key revenue streams include the sale of professional cameras and lenses, which are highly valued in the photography industry for their quality and performance. Additionally, Mamiya-Op Co. produces and sells industrial machinery and components, which are used in various applications such as measurement and control systems. The company also engages in strategic partnerships and collaborations that enhance its market reach and product offerings, further contributing to its earnings. Mamiya-Op's commitment to innovation and quality ensures a steady demand for its products, driving its financial performance.

Mamiya-Op Co.,Ltd Financial Statement Overview

Summary

Mamiya-Op Co., Ltd demonstrates strong financial health with impressive revenue and profit growth, robust profitability margins, and a solid balance sheet. Recent improvements in cash flow and profitability are commendable, although historical fluctuations and prior periods of losses indicate potential risks that require careful management to ensure sustained performance.

Income Statement

Mamiya-Op Co., Ltd has shown strong revenue growth with a 23% increase from 2024 to 2025, alongside improvements in profitability margins. The gross profit margin improved to 31.3%, and the net profit margin rose to 14.0% in 2025, indicating operational efficiency and cost management. The EBIT and EBITDA margins are robust at 19% and 20.8% respectively, reflecting strong core business performance. However, past volatility in profitability, as seen with net losses in 2021, suggests potential risks in maintaining consistent growth.

Balance Sheet

The company's balance sheet reflects solid equity strength with an equity ratio of 61.8% in 2025, indicating financial stability. The debt-to-equity ratio is moderate at 0.31, suggesting a conservative leverage strategy. Return on Equity (ROE) at 18.8% is healthy, showing effective utilization of equity capital. However, the historical fluctuations in total liabilities and equity levels point to potential risks in maintaining long-term stability.

Cash Flow

The cash flow position of Mamiya-Op Co., Ltd has significantly strengthened, with a dramatic increase in free cash flow from 2024 to 2025, registering a growth rate of 266.6%. The operating cash flow to net income ratio is positive, reflecting efficient cash generation relative to net profits. Historical challenges with negative operating and free cash flows, particularly in 2021 and 2020, suggest the need for vigilance in cash management.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	33.71B	27.39B	15.91B	12.87B	9.62B
Gross Profit	10.55B	8.56B	4.86B	4.16B	2.65B
EBITDA	7.01B	5.81B	2.60B	1.04B	-852.88M
Net Income	4.72B	3.85B	1.99B	634.24M	-1.49B
Balance Sheet
Total Assets	40.63B	38.47B	31.17B	23.15B	22.28B
Cash, Cash Equivalents and Short-Term Investments	14.24B	8.20B	6.21B	6.57B	5.50B
Total Debt	7.89B	7.55B	7.67B	6.59B	7.45B
Total Liabilities	15.51B	17.88B	14.65B	10.67B	10.27B
Stockholders Equity	25.11B	20.58B	16.51B	12.46B	12.00B
Cash Flow
Free Cash Flow	6.28B	1.71B	-634.70M	152.66M	-595.54M
Operating Cash Flow	6.68B	2.64B	-237.08M	416.71M	-449.69M
Investing Cash Flow	-1.63B	-1.84B	-978.94M	178.59M	-283.90M
Financing Cash Flow	119.78M	1.24B	695.49M	433.98M	-147.59M

Mamiya-Op Co.,Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1451.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7991, the sentiment is Positive. The current price of 1451 is above the 20-day moving average (MA) of 1393.35, above the 50-day MA of 1348.02, and above the 200-day MA of 1417.18, indicating a bullish trend. The MACD of 28.50 indicates Negative momentum. The RSI at 70.34 is Negative, neither overbought nor oversold. The STOCH value of 86.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7991.

Mamiya-Op Co.,Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7991	82 Outperform	¥14.42B	3.20		0.69%	23.04%	5.32%
7999	74 Outperform	¥12.07B	8.82		3.05%	6.17%	67.31%
7975	70 Neutral	¥3.92B	10.37		2.16%	4.21%	―
7957	68 Neutral	¥2.26B	5.22		5.29%	12.55%	―
Sector *	65 Neutral	$10.90B	15.41	5.26%	1.89%	3.11%	-26.85%
7962	51 Neutral	¥23.83B	160.29		1.67%	1.78%	-46.92%
7992	45 Neutral	¥3.68B	―		―	6.93%	33.43%