NAIGAI Co., Ltd. (8013) AI Stock Analysis

• Market Cap: ¥2.44B
• Dividend Yield: N/A
• Average Volume (3M): 682.40K
• Price to Earnings (P/E): 46.3
• Beta (1Y): 0.42
• Revenue Growth: 2.54%
• EPS Growth: N/A
• Country: JP
• Employees: 156
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): 55.41
• Shares Outstanding: 8,217,281
• 10 Day Avg. Volume: 145,590
• 30 Day Avg. Volume: 682,400
• PEG Ratio: -0.96
• Price to Book (P/B): 0.34
• Price to Sales (P/S): 0.17
• P/FCF Ratio: -6.47
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: ¥287.00 ▲(3.61% Upside)
• Action: Reiterated Date: 03/15/26
• Date: Action: Reiterated 03/15/26

The score is held back primarily by weak earnings quality and persistent negative operating/free cash flow, despite manageable leverage and stabilized revenue. Technical indicators are broadly neutral, offering limited support. Valuation is also a concern given the negative P/E and lack of dividend yield data.

Positive Factors

Manageable leverage

A low debt-to-equity (~0.23) gives NAIGAI structural financial flexibility to fund operations, inventory and working capital while it repairs profitability. Manageable leverage reduces refinancing risk and preserves capacity to absorb temporary cash burn over the next several quarters.

Negative Factors

Persistent negative operating & free cash flow

Consistent negative operating and free cash flow signals ongoing cash burn and reliance on balance-sheet flexibility or external funding. Over 2–6 months this constrains capital allocation, limits ability to invest in growth initiatives, and raises execution risk if profitability does not improve.

NAIGAI Co., Ltd. Business Overview & Revenue Model

Company Description

Naigai Co.,Ltd. plans, manufactures, wholesales, imports, and exports textile products. It offers men's, ladies, and children's socks, panty stockings, etc. The company was founded in 1920 and is headquartered in Tokyo, Japan....

How the Company Makes Money

NAIGAI makes money primarily by selling apparel products (notably legwear such as socks/stockings and related innerwear/apparel items) to wholesale and retail channels and directly to consumers. Revenue is generated when NAIGAI supplies products i...

Read more

NAIGAI makes money primarily by selling apparel products (notably legwear such as socks/stockings and related innerwear/apparel items) to wholesale and retail channels and directly to consumers. Revenue is generated when NAIGAI supplies products i...

NAIGAI Co., Ltd. Financial Statement Overview

Breakdown	TTM	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022
Income Statement
Total Revenue	13.16B	13.36B	13.16B	13.02B	12.71B	13.46B
Gross Profit	4.86B	4.87B	4.86B	4.72B	3.87B	5.15B
EBITDA	-25.00M	-87.00M	103.00M	94.00M	-1.06B	17.00M
Net Income	-18.00M	50.00M	100.00M	112.00M	-1.55B	124.00M
Balance Sheet
Total Assets	11.04B	12.36B	11.89B	11.19B	11.35B	11.71B
Cash, Cash Equivalents and Short-Term Investments	3.11B	2.98B	3.54B	3.37B	3.95B	4.13B
Total Debt	1.60B	1.56B	1.67B	1.70B	1.84B	1.43B
Total Liabilities	5.04B	5.48B	5.33B	5.40B	5.57B	4.75B
Stockholders Equity	6.00B	6.87B	6.56B	5.79B	5.78B	6.96B
Cash Flow
Free Cash Flow	0.00	-358.00M	-102.00M	-411.00M	-642.00M	-629.00M
Operating Cash Flow	0.00	-283.00M	-35.00M	-357.00M	-528.00M	-511.00M
Investing Cash Flow	0.00	-60.00M	205.00M	-107.00M	-116.00M	47.00M
Financing Cash Flow	0.00	-224.00M	-75.00M	-156.00M	384.00M	-900.00M

NAIGAI Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 277.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8013, the sentiment is Positive. The current price of 277 is below the 20-day moving average (MA) of 293.60, below the 50-day MA of 297.86, and below the 200-day MA of 292.68, indicating a bullish trend. The MACD of -0.77 indicates Negative momentum. The RSI at 56.32 is Neutral, neither overbought nor oversold. The STOCH value of 62.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8013.

NAIGAI Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7564	74 Outperform	¥505.98B	19.71	―	1.04%	10.84%	16.83%
2792	72 Outperform	¥40.94B	10.95	―	3.62%	-0.98%	-29.86%
8227	68 Neutral	¥755.80B	16.45	8.48%	2.02%	―	―
3566	68 Neutral	¥6.80B	13.03	―	0.51%	16.10%	36.89%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
8013	45 Neutral	¥2.44B	46.31	―	―	2.54%	―
7603	41 Neutral	¥3.18B	-1.51	―	―	-7.88%	-11.22%