Meiwa Corporation (8103) AI Stock Analysis

• Market Cap: ¥33.87B
• Dividend Yield: 4.42%
• Average Volume (3M): 188.12K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 0.62
• Revenue Growth: -2.99%
• EPS Growth: 14.80%
• Country: JP
• Employees: 518
• Sector: Industrials
• Sector Strength: 70
• Industry: Industrial - Distribution
• EPS (TTM): 24.47
• Shares Outstanding: 40,332,400
• 10 Day Avg. Volume: 139,900
• 30 Day Avg. Volume: 188,123
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥865.00
• Price Target Upside: 3.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: ¥865.00 ▲(3.35% Upside)

Meiwa Corporation's overall stock score is driven by its attractive valuation and strong financial performance. The low P/E ratio and high dividend yield are significant positive factors, while robust profitability and low financial leverage add to its stability. The bullish technical momentum is a positive but requires monitoring due to overbought signals.

Meiwa Corporation Business Overview & Revenue Model

Company Description

Meiwa Corporation (8103) is a diversified Japanese company engaged in the trading of a wide range of products. The company operates across several sectors including chemicals, textiles, machinery, and food products. Meiwa Corporation is known for its extensive supply chain management and distribution capabilities, providing value-added solutions to its customers through various industrial and consumer sectors.

How the Company Makes Money

Meiwa Corporation generates revenue primarily through its trading operations, acting as an intermediary between manufacturers and end-users across its varied sectors. The company earns money by importing and exporting goods, leveraging its global network to facilitate trade. Its key revenue streams include the sale of chemicals, textiles, machinery, and food products. By negotiating favorable terms with suppliers and optimizing logistics, Meiwa Corporation enhances its profitability. Additionally, strategic partnerships and collaborations with manufacturers and other trading companies bolster its business operations, contributing significantly to its earnings.

Meiwa Corporation Financial Statement Overview

Summary

Meiwa Corporation displays strong financial performance with robust profitability and low leverage. Despite slightly negative revenue growth, effective cost management and a solid balance sheet offer resilience against industry fluctuations.

Income Statement

Meiwa Corporation has demonstrated strong financial performance with increasing revenues and healthy profit margins. The gross profit margin improved to 8.01% in 2025, reflecting effective cost management. The net profit margin also increased to 2.16%, supported by a consistent EBIT margin of 2.28% and an EBITDA margin of 3.20%. Revenue growth from 2024 to 2025 was slightly negative at -0.98%, but the company has shown resilience in maintaining profitability.

Balance Sheet

The company's balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.04, indicating low leverage risk. The return on equity (ROE) has improved to 8.78%, showcasing efficient utilization of equity to generate profits. The equity ratio stands at 51.53%, highlighting a strong equity base supporting the company's assets.

Cash Flow

Operating cash flow decreased to ¥4,334 million in 2025, but free cash flow remained robust at ¥4,162 million. The free cash flow to net income ratio was healthy at 1.23, indicating strong cash generation relative to net income. However, the drop in operating cash flow requires monitoring to ensure future liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	156.73B	156.73B	158.28B	156.66B	143.03B	130.20B
Gross Profit	12.55B	12.55B	11.55B	11.70B	10.89B	9.31B
EBITDA	5.01B	5.01B	4.39B	3.59B	3.93B	2.08B
Net Income	3.38B	3.38B	2.75B	1.72B	2.41B	1.20B
Balance Sheet
Total Assets	74.63B	74.63B	85.36B	80.72B	76.42B	70.05B
Cash, Cash Equivalents and Short-Term Investments	8.38B	8.38B	9.60B	8.42B	5.25B	9.44B
Total Debt	1.60B	1.60B	4.99B	7.95B	6.44B	4.37B
Total Liabilities	35.72B	35.72B	46.57B	44.80B	40.45B	35.34B
Stockholders Equity	38.47B	38.47B	38.31B	35.48B	35.68B	34.43B
Cash Flow
Free Cash Flow	0.00	4.16B	5.43B	4.01B	-3.38B	3.96B
Operating Cash Flow	0.00	4.33B	5.66B	4.07B	-3.31B	4.49B
Investing Cash Flow	0.00	350.00M	-202.00M	804.00M	-320.00M	-542.00M
Financing Cash Flow	0.00	-5.81B	-4.35B	-1.72B	-670.00M	-1.65B

Meiwa Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 837.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8103, the sentiment is Positive. The current price of 837 is above the 20-day moving average (MA) of 814.80, above the 50-day MA of 754.56, and above the 200-day MA of 676.87, indicating a bullish trend. The MACD of 25.98 indicates Positive momentum. The RSI at 72.76 is Negative, neither overbought nor oversold. The STOCH value of 66.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8103.

Meiwa Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9845	81 Outperform	¥31.24B	9.26		2.08%	0.43%	21.46%
8052	80 Outperform	¥57.25B	10.33		2.37%	16.43%	52.00%
8103	78 Outperform	¥33.87B	9.38		4.42%	-2.99%	14.80%
8089	73 Outperform	¥22.85B	7.21		3.36%	10.01%	47.35%
7628	71 Outperform	¥29.48B	17.93		2.97%	0.49%	29.48%
8147	66 Neutral	¥6.09B	11.89		1.87%	5.28%	-13.61%
Sector *	63 Neutral	$10.73B	15.32	7.37%	2.01%	2.86%	-14.57%

Meiwa Corporation Corporate Events

Meiwa Corporation Affirms Independence in Mitsubishi Partnership

Meiwa Corporation has announced its ongoing relationship with Mitsubishi Corporation, highlighting its independence in business operations despite being an affiliate. The company ensures that transactions with Mitsubishi are conducted at market prices to protect minority shareholders, demonstrating a commitment to fair trading practices.

MEIWA CORPORATION Acquires Takaroku to Boost Environmental Initiatives

MEIWA CORPORATION has announced its decision to acquire shares of Takaroku Corporation, making it a subsidiary. This strategic move aims to enhance MEIWA’s competitiveness by leveraging Takaroku’s expertise in synthetic resins, particularly in recycling and compound manufacturing. The acquisition is expected to strengthen MEIWA’s supply chain, promote circular economy initiatives, and increase corporate value through environmentally friendly solutions.

Meiwa Corporation Proposes Increased Dividend for Shareholders

Meiwa Corporation’s Board of Directors has proposed a dividend of 42 yen per share for the fiscal year ending March 31, 2025, to be approved at the upcoming shareholders’ meeting. This decision reflects an increase from the previous year’s dividend, indicating a positive financial performance and a robust financial condition, which may enhance shareholder confidence and market positioning.