Chori Co., Ltd. (8014) AI Stock Analysis

• Market Cap: ¥99.42B
• Dividend Yield: 4.01%
• Average Volume (3M): 20.20K
• Price to Earnings (P/E): 8.5
• Beta (1Y): 0.95
• Revenue Growth: 1.25%
• EPS Growth: 21.02%
• Country: JP
• Employees: 1,304
• Sector: Industrials
• Sector Strength: 86
• Industry: Conglomerates
• EPS (TTM): 102.83
• Shares Outstanding: 25,303,478
• 10 Day Avg. Volume: 19,330
• 30 Day Avg. Volume: 20,196
• PEG Ratio: 0.39
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.20
• 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: 80 Outperform
• Price Target: ¥4,561.00 ▲(12.90%Upside)

Chori Co., Ltd. showcases strong financial performance with impressive revenue growth and profitability improvements. The technical indicators highlight positive momentum, although caution is advised due to high RSI. The company's valuation is attractive, with a low P/E ratio and a respectable dividend yield, enhancing its appeal to investors.

Chori Co., Ltd. Business Overview & Revenue Model

Company Description

Chori Co., Ltd. engages in textiles, chemicals, and machinery businesses in China and internationally. The company offers polyester yarn for use in other materials; fabrics for use in car seats; nylon yarn; waterproof fabrics for sportswear; nonwoven fabrics for construction and hygienic applications; nonwoven sheets; raw thread/raw cotton for natural and synthetic fabrics; construction and civil engineering products, such as cloth, waterproof nonwoven cloth materials, etc.; and various linen products. It also provides lightweight and thin fabrics, black materials, and the traditional garment worn; basic materials and finished products; materials for innerwear, sportswear, fitness wear, golf wear, uniforms, and business wear, as well as men's and ladies' wear; and backing and interlining cloths. In addition, the company offers urethane materials used in shock absorption, insulation materials, adhesives, coating materials, films, cosmetic raw materials, biodegradable plastics, various materials in the water treatment field, and various other items; inorganic chemical materials, metal materials, agriculture and fertilizer related materials, glass substrate raw materials used in flat panel displays, and lithium-ion battery materials; and industrial chemicals, such as phosphoric acid, phosphate, plastic raw materials, and raw materials for metallic surface treatment. Further, it imports and sells pharmaceutical and agrochemical ingredients, and intermediates; functional organic intermediates; and proteins, sweeteners, and other food chemicals, as well as offers research and manufacturing outsourcing services. Additionally, the company sells transportation equipment comprising four-and two-wheel vehicles and trucks, as well as exports agricultural machinery, construction machinery, and industrial equipment. The company was founded in 1861 and is headquartered in Osaka, Japan. Chori Co., Ltd. is a subsidiary of Toray Industries, Inc.

How the Company Makes Money

Chori Co., Ltd. generates revenue through multiple streams across its core business sectors. In the textile segment, the company makes money by designing, manufacturing, and selling a variety of textile goods, ranging from apparel fabrics to industrial materials, catering to both domestic and international markets. The chemical segment contributes to the company's earnings through the import, export, and domestic sale of chemical products, serving industries such as agriculture, pharmaceuticals, and electronics. In the machinery sector, Chori Co., Ltd. earns revenue by distributing and selling machinery and equipment, often forming strategic partnerships with manufacturers to reach a broader market. The company's diversified approach and global presence allow it to leverage its extensive network and expertise to maintain and grow its revenue base.

Chori Co., Ltd. Financial Statement Overview

Summary

Chori Co., Ltd. demonstrates strong financial health with consistent revenue growth and improving profitability, supported by effective cost management. The balance sheet shows minimal leverage and a strong equity position, while cash flow analysis indicates robust cash generation, despite a decline in recent free cash flow growth.

Income Statement

Chori Co., Ltd. demonstrates strong profitability with a consistent increase in net income over the years. The company reported a net profit margin of 3.74% in 2025, up from 3.13% in 2024. The gross profit margin also improved slightly, reflecting effective cost management. Revenue growth is steady, with a year-over-year increase of 1.25% from 2024 to 2025. The EBIT margin increased to 4.93% in 2025, indicating efficient operations. Overall, the financial performance showcases robust revenue growth and improved profitability.

Balance Sheet

Chori Co., Ltd. maintains a solid balance sheet with a low debt-to-equity ratio of 0.015 in 2025, reflecting low financial leverage. The equity ratio stands at 62.98%, indicating a strong financial position with significant asset backing. Return on equity improved to 12.67% in 2025, highlighting effective utilization of shareholder funds. Although the company's equity base is strong, the slight increase in total liabilities over the years warrants monitoring.

Cash Flow

Chori Co., Ltd. exhibits stable cash flow generation with a free cash flow of ¥6,397 million in 2025, despite a decline from 2024. The operating cash flow to net income ratio is 0.61, indicating that operating activities generate sufficient cash to support earnings. The free cash flow to net income ratio of 0.55 suggests a good conversion of earnings into cash. While the decline in free cash flow growth is a concern, the company remains capable of sustaining its cash flow operations.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	304.60B	311.55B	307.70B	329.39B	284.10B	216.23B
Gross Profit	38.62B	40.52B	38.73B	37.06B	30.65B	26.36B
EBITDA	15.47B	17.54B	16.38B	13.87B	10.56B	4.47B
Net Income	10.68B	11.66B	9.62B	8.12B	6.81B	1.25B
Balance Sheet
Total Assets	143.69B	146.08B	143.35B	143.20B	134.12B	110.59B
Cash, Cash Equivalents and Short-Term Investments	16.41B	23.81B	21.46B	16.46B	12.24B	14.83B
Total Debt	2.37B	1.40B	2.75B	5.06B	5.30B	2.28B
Total Liabilities	55.01B	53.97B	61.25B	71.04B	69.03B	51.76B
Stockholders Equity	88.63B	92.01B	82.06B	72.16B	65.05B	58.79B
Cash Flow
Free Cash Flow	926.50M	6.40B	7.35B	8.57B	-2.56B	4.70B
Operating Cash Flow	1.03B	7.14B	9.69B	9.60B	-2.33B	5.89B
Investing Cash Flow	93.50M	-1.03B	-2.71B	-261.00M	197.00M	-357.00M
Financing Cash Flow	-1.07B	-4.78B	-5.38B	-3.10B	-4.01B	-887.00M

Chori Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4040.00
• 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:8014, the sentiment is Positive. The current price of 4040 is above the 20-day moving average (MA) of 3927.75, above the 50-day MA of 3766.60, and above the 200-day MA of 3556.95, indicating a bullish trend. The MACD of 85.57 indicates Negative momentum. The RSI at 63.66 is Neutral, neither overbought nor oversold. The STOCH value of 71.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8014.

Chori Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8015	82 Outperform	¥3.40T	9.35	14.04%	3.42%	1.18%	9.37%
8020	80 Outperform	¥231.55B	8.43		3.79%	6.59%	18.36%
8014	80 Outperform	¥99.42B	8.54		4.01%	1.25%	21.02%
8078	79 Outperform	€224.72B	4.91	12.33%	3.80%	5.04%	19.14%
8053	79 Outperform	$4.49T	8.00	12.19%	3.50%	5.52%	46.81%
2768	78 Outperform	$741.27B	7.02	11.53%	4.16%	3.94%	13.97%
Sector *	65 Neutral	$10.81B	15.65	5.50%	1.89%	3.10%	-27.09%

Chori Co., Ltd. Corporate Events

Chori Co., Ltd. Strengthens Position within Toray Group

Chori Co., Ltd. announced its strategic positioning within the Toray Industries corporate group, highlighting the benefits of being part of a larger entity, such as improved market understanding and credibility. The company maintains a level of independence with its own management plan and ensures effective governance and risk management while conducting transactions with its parent company.

Chori Co., Ltd. Announces Board of Directors Changes

Chori Co., Ltd. has announced changes in its board of directors, which will be finalized at the upcoming Annual General Meeting of Shareholders on June 20, 2025. The changes include the reappointment of current directors and the addition of Chizu Sekine as a new independent director, reflecting the company’s commitment to enhancing its governance structure. These changes are expected to strengthen Chori’s leadership and strategic direction, potentially impacting its market positioning and stakeholder relations.

Chori Co., Ltd. Announces Increased Year-End Dividend

Chori Co., Ltd. has announced an increase in its year-end dividend to 81 yen per share, up from the previously forecasted 61 yen, reflecting a commitment to returning profits to shareholders. This decision underscores the company’s policy of performance-based dividends and aims to ensure stable financial management while considering the fiscal year’s consolidated results.

Chori Co., Ltd. Achieves Record Financial Results and Increases Dividends

Chori Co., Ltd. has reported record-high financial results for the fiscal year ending March 2025, with a net profit attributable to owners reaching ¥11.7 billion. The company has successfully implemented a new mission-critical system and experienced increased profits in its Chemicals and Machinery businesses, despite a slight decrease in the Fibers, Textiles, and Garments sector. The equity ratio remains strong at 63.0%, and the company has announced an increased year-end dividend, reflecting its robust financial health and commitment to shareholder returns.

Chori Co., Ltd. Reports Fiscal Year 2025 Financial Results and Positive Outlook for 2026

Chori Co., Ltd. reported a slight increase in net sales for the fiscal year ending March 31, 2025, with a 1.3% rise to 311,546 million yen. Despite a decrease in operating profit by 3.6%, the company saw a significant 21.1% increase in net profit attributable to owners of the parent, reaching 11,658 million yen. The company also announced an increase in annual dividends per share, indicating a strong return to shareholders. Looking ahead, Chori forecasts a 5.9% increase in net sales for the fiscal year ending March 31, 2026, reflecting its positive outlook and strategic positioning in the market.