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

• Market Cap: ¥13.40B
• Dividend Yield: 0.73%
• Average Volume (3M): 58.69K
• Price to Earnings (P/E): 3.0
• Beta (1Y): 0.99
• Revenue Growth: 23.04%
• EPS Growth: 5.25%
• Country: JP
• Employees: 1,519
• Sector: Industrials
• Sector Strength: 84
• Industry: Business Equipment & Supplies
• EPS (TTM): 32.05
• Shares Outstanding: 10,508,670
• 10 Day Avg. Volume: 36,660
• 30 Day Avg. Volume: 58,690
• PEG Ratio: 0.00
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.03
• 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

• Rating: 82 Outperform
• Price Target: ¥1,568.00 ▲(14.62%Upside)

The overall stock score reflects Mamiya-Op Co., Ltd's strong financial performance and attractive valuation, which are the primary drivers of its high score. The stock's technical indicators also contribute positively, with the MACD suggesting bullish momentum. However, historical financial volatility and mixed technical signals temper enthusiasm slightly. The absence of recent earnings call insights and notable corporate events limits forward-looking clarity.

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

Company Description

Mamiya-Op Co., Ltd (7991) is a Japanese company that primarily operates in the manufacturing and distribution of precision equipment and optical instruments. The company is renowned for its production of high-quality camera equipment and sporting optics. Mamiya-Op focuses on leveraging its expertise in optical and precision technology to deliver innovative products that meet the needs of professionals and enthusiasts worldwide.

How the Company Makes Money

Mamiya-Op Co., Ltd generates revenue through the sale of its optical and precision equipment products. The company's key revenue streams include the manufacturing and sales of cameras, lenses, and other related equipment. Additionally, Mamiya-Op may have strategic partnerships with distributors and retailers to expand its market reach and increase sales. The company's earnings are also influenced by its ability to innovate and offer products that cater to the evolving demands of its customer base, as well as maintaining competitive pricing and quality standards.

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. While recent improvements in cash flow and profitability are commendable, 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
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
35.97B	33.71B	27.39B	15.91B	12.87B	9.62B
	Gross Profit
11.32B	10.55B	8.56B	4.86B	4.16B	2.65B
	EBIT
7.20B	6.40B	4.84B	1.88B	510.30M	-866.40M
	EBITDA
7.54B	7.01B	5.81B	2.60B	1.04B	-852.88M
	Net Income Common Stockholders
5.29B	4.72B	3.85B	1.99B	634.24M	-1.49B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.69B	14.24B	8.20B	6.21B	6.57B	5.50B
	Total Assets
41.19B	40.63B	38.47B	31.17B	23.15B	22.28B
	Total Debt
6.80B	7.89B	7.55B	7.67B	6.59B	7.45B
	Net Debt
-5.90B	-6.35B	-646.29M	1.46B	20.56M	1.95B
	Total Liabilities
16.49B	15.51B	17.88B	14.65B	10.67B	10.27B
	Stockholders Equity
24.69B	25.11B	20.58B	16.51B	12.46B	12.00B
Cash Flow		Free Cash Flow
0.00	6.28B	1.71B	-634.70M	152.66M	-595.54M
	Operating Cash Flow
0.00	6.68B	2.64B	-237.08M	416.71M	-449.69M
	Investing Cash Flow
0.00	-1.63B	-1.84B	-978.94M	178.59M	-283.90M
	Financing Cash Flow
0.00	119.78M	1.24B	695.49M	433.98M	-147.59M

Mamiya-Op Co.,Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1368.00
• 50DMA: Positive
• 100DMA: Negative
• 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:7991, the sentiment is Positive. The current price of 1368 is above the 20-day moving average (MA) of 1340.80, above the 50-day MA of 1323.88, and below the 200-day MA of 1409.58, indicating a neutral trend. The MACD of 11.83 indicates Negative momentum. The RSI at 57.85 is Neutral, neither overbought nor oversold. The STOCH value of 66.73 is Neutral, 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	¥13.40B	2.98		0.73%	23.04%	5.25%
7999	74 Outperform	¥12.75B	9.32		2.93%	6.17%	67.31%
7975	70 Neutral	¥3.92B	9.51		2.15%	4.74%	―
7957	67 Neutral	¥2.20B	5.10		5.42%	12.55%	―
Sector *	66 Neutral	$4.44B	12.06	5.34%	6.22%	4.17%	-11.81%
7962	51 Neutral	¥25.37B	170.63		239.62%	1.78%	-46.92%
7992	49 Neutral	¥3.59B	―		―	6.93%	33.43%