Meiwa Corporation (8103) AI Stock Analysis

• Market Cap: ¥27.70B
• Dividend Yield: 5.38%
• Average Volume (3M): 85.48K
• Price to Earnings (P/E): 8.3
• Beta (1Y): 0.62
• Revenue Growth: -0.98%
• EPS Growth: 26.20%
• Country: JP
• Employees: 518
• Sector: Industrials
• Sector Strength: 83
• Industry: Industrial - Distribution
• EPS (TTM): 83.42
• Shares Outstanding: 40,332,400
• 10 Day Avg. Volume: 117,730
• 30 Day Avg. Volume: 85,483
• PEG Ratio: -0.58
• Price to Book (P/B): 0.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.14
• 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: 72 Outperform
• Price Target: ¥737.00 ▲(7.28%Upside)

Meiwa Corporation's strong financial performance and attractive valuation are the primary drivers of its overall score. The company benefits from robust profitability and a solid balance sheet, while its low P/E ratio and high dividend yield offer potential investment opportunities. Technical indicators are mixed, presenting some caution in market momentum.

Meiwa Corporation Business Overview & Revenue Model

Company Description

Meiwa Corporation (8103) is a diversified Japanese company engaged in the trading and distribution of various industrial products. The company operates across sectors such as chemicals, textiles, machinery, and energy, providing a range of products and services to meet industrial needs. Meiwa Corporation is committed to offering high-quality products and integrated solutions, leveraging its extensive network and expertise to serve clients both domestically and internationally.

How the Company Makes Money

Meiwa Corporation generates revenue primarily through the trading and distribution of industrial products across multiple sectors. The company's key revenue streams include the sale of chemicals, textiles, machinery, and energy-related products. Meiwa leverages its strong supply chain capabilities and strategic partnerships with manufacturers to procure and distribute these products efficiently. Additionally, the company may earn income from providing value-added services such as logistics, technical support, and consulting, which enhance customer satisfaction and foster long-term business relationships. Strategic partnerships and collaborations with other firms play a significant role in expanding Meiwa's market reach and enhancing its product offerings, contributing to its overall earnings.

Meiwa Corporation Financial Statement Overview

Summary

Meiwa Corporation demonstrates strong financial performance with improved profit margins and a solid balance sheet. Despite slightly negative revenue growth, the company maintains robust profitability and low leverage, supported by a strong equity base.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
160.40B	156.73B	158.28B	156.66B	143.03B	130.20B
	Gross Profit
12.38B	12.55B	11.55B	11.70B	10.89B	9.31B
	EBIT
3.48B	3.57B	2.97B	3.65B	3.40B	2.24B
	EBITDA
4.62B	5.01B	4.39B	3.91B	3.67B	2.47B
	Net Income Common Stockholders
3.26B	3.38B	2.75B	1.72B	2.41B	1.20B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.89B	8.38B	9.60B	8.42B	5.25B	9.44B
	Total Assets
81.36B	74.63B	85.36B	80.72B	76.42B	70.05B
	Total Debt
1.89B	1.60B	4.99B	7.95B	6.44B	4.37B
	Net Debt
-7.00B	-6.78B	-4.61B	-471.00M	1.18B	-5.08B
	Total Liabilities
42.13B	35.72B	46.57B	44.80B	40.45B	35.34B
	Stockholders Equity
38.72B	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: 687.00
• 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:8103, the sentiment is Positive. The current price of 687 is above the 20-day moving average (MA) of 679.15, above the 50-day MA of 669.12, and above the 200-day MA of 642.67, indicating a bullish trend. The MACD of 5.98 indicates Negative momentum. The RSI at 54.13 is Neutral, neither overbought nor oversold. The STOCH value of 28.14 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	85 Outperform	¥21.39B	7.47		2.98%	3.37%	-21.94%
8052	75 Outperform	¥44.46B	9.16		4.76%	5.70%	10.65%
8089	73 Outperform	¥19.19B	6.70		4.94%	7.61%	-31.96%
8103	72 Outperform	¥27.70B	8.25		5.38%	-0.98%	26.20%
8147	70 Outperform	¥6.35B	10.08		1.80%	1.70%	12.23%
Sector *	66 Neutral	$4.46B	12.15	5.40%	4.71%	4.16%	-11.97%
7628	63 Neutral	¥25.61B	17.53		3.34%	5.69%	202.27%

Meiwa Corporation Corporate Events

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.

Meiwa Corporation Reports Strong Financial Performance for FY 2025

Meiwa Corporation reported a significant increase in its financial performance for the fiscal year ending March 31, 2025, compared to the previous year. The company experienced a notable rise in operating income, driven by strong performance in its flame retardants and domestic petroleum products departments, and an increase in dividends from subsidiaries, resulting in a substantial boost in net income.

Meiwa Corporation Announces Board of Directors Changes

Meiwa Corporation has announced changes to its Board of Directors, with several reappointments and new appointments proposed for the upcoming Ordinary General Meeting of Shareholders in June. The company aims to strengthen its governance with the inclusion of independent directors designated by the Tokyo Stock Exchange, potentially enhancing its strategic oversight and stakeholder confidence.

Meiwa Corporation Exceeds Earnings Expectations and Increases Dividend Forecast

Meiwa Corporation reported a slight decrease in net sales compared to its forecast for the fiscal year ending March 2025, but exceeded expectations in net income attributable to owners of the parent, driven by strong performances in its flame retardants and petroleum products departments. The company also revised its year-end dividend forecast upwards to 42 yen per share, reflecting a commitment to shareholder returns and aligning with its Medium-Term Management Plan.