Tsubakimoto Kogyo Co., Ltd. (8052) AI Stock Analysis

• Market Cap: ¥58.93B
• Dividend Yield: 3%
• Average Volume (3M): 28.48K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.69
• Revenue Growth: 16.06%
• EPS Growth: 31.78%
• Country: JP
• Employees: 757
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): 53.50
• Shares Outstanding: 19,493,908
• 10 Day Avg. Volume: 30,930
• 30 Day Avg. Volume: 28,476
• PEG Ratio: 0.45
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 12.12
• 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: 73 Outperform
• Price Target: ¥3,412.00 ▲(28.22% Upside)
• Action: Reiterated Date: 11/01/25
• Date: Action: Reiterated 11/01/25

Tsubakimoto Kogyo Co., Ltd. shows strong financial performance with consistent revenue growth and a robust balance sheet. The stock's valuation is attractive with a low P/E ratio and a solid dividend yield. However, technical indicators suggest mixed momentum, which slightly tempers the overall score.

Positive Factors

Strong balance sheet / low leverage

A low debt-to-equity profile and robust equity ratio provide durable financial flexibility, lowering refinancing risk and supporting capex, M&A or cyclical downturns. Healthy ROE noted implies capital is being used efficiently, underpinning long-term stability.

Consistent revenue and EPS growth

Steady top-line and earnings-per-share growth indicate sustainable demand for the firm's industrial products and distribution services. Consistent growth supports reinvestment in solutions, strengthens customer relationships, and improves the firm's ability to fund strategic initiatives over months to years.

Diversified industrial solutions and services model

A multi-channel revenue model (trading margins, integrated system sales, and recurring service/maintenance) creates stickier customer relationships and margin upsides from systems and services. This mix reduces single-product exposure and supports sustainable cash generation.

Negative Factors

Margins below industry leaders

Sustained margin gap versus top peers constrains free cash generation and reinvestment potential. Over the medium term this limits returns to shareholders unless management improves pricing power, product mix toward higher-value solutions, or reduces cost structure.

Fluctuating free cash flow growth

Volatile free cash flow undermines planning for capex, dividends and strategic projects. Moderate conversion of profits into cash increases reliance on working capital management and could force trade-offs between growth investments and shareholder returns during tighter cycles.

Need for improved margins and cash consistency

Management faces a structural imperative to raise margins and stabilize cash conversion to sustain growth and competitive positioning. Failure to lift profitability or improve working-capital practices may limit scalability and resilience against cyclical industry pressures.

Tsubakimoto Kogyo Co., Ltd. Business Overview & Revenue Model

Company Description

Tsubakimoto Kogyo Co., Ltd. engages in the sale of machinery, equipment, parts, and accessories in Japan. It offers power transmission products, such as motion controllers, sensing/inspection/measurement equipment, motors and geared motors, linear servo devices, servo motors, actuators, chains and belts, couplings, reducers/accelerators, clutches and brakes, and peripheral equipment. The company also provides facilities and equipment for housing/materials/ceramics, food, paper/newspapers, chemicals/films, medicine/medical care, automobiles, tire/rubber factory systems, information systems, logistics, precision machinery and assembly systems, environment, aircraft, and trains and railway industries. In addition, it offers nonwoven fabrics, materials and moldings, engineered products, and other products; sensing products, including sensors, lighting, cameras/lens, image processing systems, and IoT/AI/other products. The company was formerly known as Tsubakimoto Shoten Co., Ltd. and changed its name to Tsubakimoto Kogyo Co., Ltd. in July 1943. Tsubakimoto Kogyo Co., Ltd. was founded in 1916 and is headquartered in Osaka, Japan.

How the Company Makes Money

Tsubakimoto Kogyo generates revenue through the sale of its core products, which include roller chains, timing belts, and other mechanical transmission components. The company's revenue model is primarily based on direct sales to manufacturers and industrial clients, as well as through a network of distributors. Key revenue streams include the production and sale of standard and custom-engineered products, maintenance and repair services, and aftermarket support. Additionally, Tsubakimoto has established partnerships with various industries and maintains a strong presence in international markets, which contribute significantly to its earnings by expanding its customer base and enhancing product distribution.

Tsubakimoto Kogyo Co., Ltd. Financial Statement Overview

Summary

Tsubakimoto Kogyo Co., Ltd. demonstrates solid financial health with consistent revenue growth and a strong balance sheet. While profitability and cash flow generation are stable, there is potential for improvement in margins and cash flow consistency to enhance financial performance further.

Income Statement

Tsubakimoto Kogyo Co., Ltd. has shown consistent revenue growth over the past few years, with a notable 4.58% increase in the most recent year. The company maintains stable gross and net profit margins, indicating effective cost management. However, the margins are slightly below industry leaders, suggesting room for improvement in profitability.

Balance Sheet

The company exhibits a strong balance sheet with a low debt-to-equity ratio, highlighting prudent financial management and low leverage risk. Return on equity is healthy, reflecting efficient use of shareholder funds. The equity ratio is robust, indicating a solid capital structure.

Cash Flow

Cash flow performance is mixed, with strong free cash flow to net income ratios, but fluctuating free cash flow growth rates. The operating cash flow to net income ratio suggests moderate efficiency in converting income into cash. The company should focus on stabilizing cash flow generation.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	130.31B	124.32B	113.50B	107.96B	96.89B	89.65B
Gross Profit	19.74B	18.80B	17.50B	16.35B	14.95B	13.41B
EBITDA	8.05B	7.21B	6.01B	5.61B	4.93B	4.18B
Net Income	5.33B	4.69B	4.00B	3.67B	3.18B	2.74B
Balance Sheet
Total Assets	96.66B	100.67B	94.76B	84.47B	76.77B	64.50B
Cash, Cash Equivalents and Short-Term Investments	29.20B	28.95B	26.86B	22.93B	17.60B	11.94B
Total Debt	251.00M	80.00M	59.00M	40.00M	66.00M	28.00M
Total Liabilities	52.51B	56.65B	54.38B	50.44B	46.01B	36.12B
Stockholders Equity	43.90B	43.74B	40.13B	33.80B	30.57B	28.18B
Cash Flow
Free Cash Flow	0.00	3.18B	4.51B	6.35B	6.46B	-3.62B
Operating Cash Flow	0.00	3.59B	5.01B	6.72B	6.57B	-3.41B
Investing Cash Flow	0.00	461.00M	-69.00M	-461.00M	-152.00M	-204.00M
Financing Cash Flow	0.00	-2.05B	-1.08B	-971.00M	-808.00M	-849.00M

Tsubakimoto Kogyo Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2661.00
• 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:8052, the sentiment is Positive. The current price of 2661 is below the 20-day moving average (MA) of 2996.30, below the 50-day MA of 2938.26, and below the 200-day MA of 2682.80, indicating a bullish trend. The MACD of 47.25 indicates Negative momentum. The RSI at 58.01 is Neutral, neither overbought nor oversold. The STOCH value of 64.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8052.

Tsubakimoto Kogyo Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8061	79 Outperform	¥102.66B	16.20	―	3.38%	10.74%	-26.50%
3176	78 Outperform	¥52.13B	10.49	―	3.87%	2.66%	-11.41%
3153	75 Outperform	¥75.51B	14.52	―	1.22%	14.41%	85.93%
8052	73 Outperform	¥58.93B	12.05	―	3.00%	16.06%	31.78%
9932	71 Outperform	¥30.18B	15.45	―	3.84%	2.74%	4.90%
7128	66 Neutral	¥53.82B	29.50	―	3.24%	-2.85%	-56.68%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Tsubakimoto Kogyo Co., Ltd. Corporate Events

Tsubakimoto Kogyo Delivers Steady Nine-Month Profit Growth and Confirms Stable Dividend Plan

Tsubakimoto Kogyo reported solid growth for the nine months ended December 31, 2025, with net sales rising 7.3% year on year to ¥94.9 billion and profit attributable to owners of parent up 2.4% to ¥3.3 billion, while basic earnings per share increased to ¥179.41. The company strengthened its financial base as total assets expanded to ¥114.7 billion and equity grew to ¥48.0 billion, although the equity ratio edged down, and it maintained an annual dividend plan of ¥80 per share for the year ending March 31, 2026, signaling stable shareholder returns alongside a full-year forecast that calls for modest top-line growth and mid–single digit profit increases.

The most recent analyst rating on (JP:8052) stock is a Buy with a Yen3292.00 price target. To see the full list of analyst forecasts on Tsubakimoto Kogyo Co., Ltd. stock, see the JP:8052 Stock Forecast page.