Tsukiji Uoichiba Company, Limited (8039) AI Stock Analysis

• Market Cap: ¥8.93B
• Dividend Yield: 0.95%
• Average Volume (3M): 1.60K
• Price to Earnings (P/E): 24.4
• Beta (1Y): 0.25
• Revenue Growth: 6.26%
• EPS Growth: 67.81%
• Country: JP
• Employees: 285
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Distribution
• EPS (TTM): 75.13
• Shares Outstanding: 2,253,520
• 10 Day Avg. Volume: 1,520
• 30 Day Avg. Volume: 1,603
• PEG Ratio: 0.75
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 0.14
• P/FCF Ratio: -12.79
• 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: 61 Neutral
• Price Target: ¥4,204.00 ▲(10.05% Upside)
• Action: Reiterated Date: 10/29/25
• Date: Action: Reiterated 10/29/25

The overall stock score reflects strong financial performance driven by revenue growth and improved margins, though offset by liquidity challenges. Technical indicators suggest a bearish trend, and valuation metrics indicate the stock is fairly valued. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue & gross margin trends

Sustained revenue growth alongside improving gross margins indicates the company is strengthening its core trading economics and procurement/pricing ability. Over 2–6 months this supports reinvestment in cold-chain and logistics, enhances resilience to modest demand swings, and underpins incremental operating leverage if volumes continue to grow.

Stable capital structure

Moderate leverage and a near-40% equity ratio give the firm financial flexibility to fund working capital and capex without excessive refinancing risk. This balance supports long-term investments in storage, logistics and supplier relationships, while limiting insolvency risk during seasonal or cyclical seafood price swings.

Essential B2B distribution model

Serving restaurants, retailers and processors creates recurring, contract-like volumes and sticky relationships. Value-added services (sorting, grading, cold-chain logistics) increase switching costs and can support stable gross spreads over time, making the wholesale distribution model structurally durable amid foodservice recovery cycles.

Negative Factors

Very low net profitability

Thin net margins and modest ROE limit the firm's ability to self-fund growth, pay down debt, or absorb supply-cost shocks. Persistently low bottom-line returns constrain strategic flexibility and make long-term value creation sensitive to small adverse moves in procurement costs or selling prices.

Weak cash generation

Negative operating cash flow and declining free cash flow signal structural strain in working capital management or margin conversion. Over months this can force reliance on external financing, increase interest exposure, and restrict funding for maintenance capex and cold-chain investments essential to the wholesale business.

Commodity and spoilage exposure

High exposure to commodity price volatility, import FX and perishable inventory risks makes margins structurally vulnerable. Managing spoilage and cold-chain costs requires continuous investment and operational discipline; failures here can erode margins and increase working capital needs over the medium term.

Tsukiji Uoichiba Company, Limited Business Overview & Revenue Model

Company Description

Tsukiji Uoichiba Company, Limited engages in the consignment or purchase and sale of marine products in Japan and internationally. The company sells fresh fish, tuna, live fish, and specialty fish, as well as various frozen and processed fish foods. It also engages in the processing production, fishing, and importing of marine products; ice making, refrigerating, freezing, and sale of its products; and real estate business, as well as operates and manages cold storage warehouses. Tsukiji Uoichiba Company, Limited was incorporated in 1948 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Tsukiji Uoichiba generates revenue through multiple streams including wholesale distribution of seafood products to restaurants, grocery stores, and food service companies. The company also engages in direct retail sales, providing consumers with fresh seafood options at their outlets. Revenue is bolstered by contracts with various partners, including local fishermen and international suppliers, ensuring a steady supply of quality products. Additionally, the company may benefit from seasonal variations in seafood demand, leveraging its strong market presence to optimize pricing strategies. Overall, Tsukiji Uoichiba's business model focuses on quality sourcing, efficient distribution, and strategic partnerships to drive profitability.

Tsukiji Uoichiba Company, Limited Financial Statement Overview

Summary

Tsukiji Uoichiba Company, Limited shows strong revenue growth and improved gross profit margins, indicating operational resilience. However, the low net profit margin and negative free cash flow highlight areas for improvement in profitability and liquidity.

Income Statement

The company has demonstrated consistent revenue growth with a 6.32% increase from 2024 to 2025. Gross profit margins have improved to 6.73%, and net profit margins also increased to 0.46%. EBIT and EBITDA margins indicate increased operational efficiency. However, the net profit margin remains relatively low, suggesting room for improvement in profitability.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.76, showing moderate leverage. The equity ratio is strong at 39.37%, indicating a solid capital base. However, the return on equity is modest at 4.39%, suggesting limited profitability relative to equity.

Cash Flow

The cash flow analysis reveals challenges, with a decline in free cash flow and a negative free cash flow to net income ratio. Operating cash flow fell to negative, indicating potential liquidity pressures. Despite these issues, the company has managed to maintain some level of investing and financing activities.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	62.79B	62.41B	58.70B	57.98B	55.02B	66.62B
Gross Profit	4.30B	4.20B	3.68B	3.68B	3.73B	3.89B
EBITDA	769.25M	797.00M	572.00M	642.00M	651.00M	1.02B
Net Income	352.00M	287.00M	204.00M	223.00M	264.00M	518.00M
Balance Sheet
Total Assets	18.45B	16.60B	17.18B	16.87B	15.81B	15.56B
Cash, Cash Equivalents and Short-Term Investments	1.07B	856.00M	1.39B	1.02B	1.25B	1.33B
Total Debt	6.61B	4.96B	4.50B	5.23B	5.15B	5.33B
Total Liabilities	11.78B	10.06B	10.77B	10.69B	10.00B	9.86B
Stockholders Equity	6.67B	6.54B	6.41B	6.18B	5.81B	5.70B
Cash Flow
Free Cash Flow	0.00	-683.00M	994.00M	-425.00M	-49.00M	190.00M
Operating Cash Flow	0.00	-449.00M	1.20B	143.00M	272.00M	379.00M
Investing Cash Flow	0.00	-354.00M	-1.00M	-358.00M	-76.00M	685.00M
Financing Cash Flow	0.00	272.00M	-833.00M	-14.00M	-309.00M	-464.00M

Tsukiji Uoichiba Company, Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3820.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8039, the sentiment is Positive. The current price of 3820 is below the 20-day moving average (MA) of 3939.25, below the 50-day MA of 3855.70, and above the 200-day MA of 3668.30, indicating a bullish trend. The MACD of 32.60 indicates Positive momentum. The RSI at 67.53 is Neutral, neither overbought nor oversold. The STOCH value of 86.32 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8039.

Tsukiji Uoichiba Company, Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3160	71 Outperform	¥8.47B	72.53	―	2.67%	4.13%	-86.75%
7614	71 Outperform	¥10.62B	10.98	―	2.23%	7.53%	-17.97%
7538	69 Neutral	¥5.60B	4.73	―	1.67%	4.32%	24.60%
8030	68 Neutral	¥15.84B	5.25	―	3.17%	5.19%	11.04%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
8039	61 Neutral	¥8.93B	24.36	―	0.95%	6.26%	67.81%
3541	59 Neutral	¥16.74B	-298.13	―	―	15.71%	-90.92%