AOKI Holdings, Inc. (8214) AI Stock Analysis

• Market Cap: ¥139.61B
• Dividend Yield: 3.31%
• Average Volume (3M): 159.94K
• Price to Earnings (P/E): 14.6
• Beta (1Y): 0.79
• Revenue Growth: 2.65%
• EPS Growth: 26.42%
• Country: JP
• Employees: 4,010
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Apparel - Retail
• EPS (TTM): 59.24
• Shares Outstanding: 86,649,506
• 10 Day Avg. Volume: 138,160
• 30 Day Avg. Volume: 159,943
• PEG Ratio: 1.00
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥1,829.00
• Price Target Upside: 9.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: ¥1,829.00 ▲(9.92%Upside)

AOKI Holdings, Inc. has a strong overall score driven by consistent financial performance and attractive valuation metrics. The bullish technical indicators further support this view, though caution is advised due to potential overbought conditions.

AOKI Holdings, Inc. Business Overview & Revenue Model

Company Description

AOKI Holdings Inc. engages in the fashion, anniversary and bridal, entertainment, and real estate leasing businesses in Japan. It creates and sells apparel for men and women, as well as business apparel and casual clothing under the AOKI and ORIHICA brand names; and operates apparel store that offers casual clothing of big sizes for men and women under the Size MAX name. The company also operates wedding halls and guesthouse-style halls for ceremonies and receptions, as well as offers related products and services. In addition, it operates and manages KAIKATSU CLUB café complexes; COTE D'AZUR karaoke facilities; and FiT24 fitness and training facilities. The company was founded in 1958 and is headquartered in Yokohama, Japan.

How the Company Makes Money

AOKI Holdings, Inc. generates revenue primarily through its diverse business segments. The Fashion segment, which includes the sale of men's and women's apparel, is a significant source of income, driven by the company's portfolio of brands and retail outlets. The Anniversaire and Bridal segment earns revenue by offering comprehensive wedding services, including venue rentals, catering, and event planning. Additionally, the Entertainment segment contributes to the company's earnings by operating karaoke rooms that attract a wide range of customers seeking leisure and entertainment experiences. The company may also benefit from strategic partnerships and collaborations that enhance its service offerings and market reach, further bolstering its revenue streams.

AOKI Holdings, Inc. Financial Statement Overview

Summary

AOKI Holdings, Inc. shows consistent revenue and profit growth, improved leverage ratios, and strong cash flow generation. Despite some areas for operational efficiency improvement, the company is well-positioned within its industry.

Income Statement

AOKI Holdings, Inc. has shown consistent revenue growth over the past few years, with a notable increase from ¥154.9 billion in 2022 to ¥192.7 billion in 2025. The gross profit margin has improved from 38.5% in 2021 to 41.9% in 2025, indicating better cost control. The net profit margin has also improved significantly to 5.0% in 2025 from negative figures in 2021, reflecting enhanced profitability. However, EBIT and EBITDA margins remain moderate, suggesting room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio has improved from 0.55 in 2021 to 0.29 in 2025, indicating better leverage management. Return on Equity (ROE) has also shown a positive trend, rising to 6.7% in 2025, reflecting improved profitability. The equity ratio has remained stable around 60%, ensuring a strong capital structure. However, the total debt, while decreasing, still represents a significant portion of the company's liabilities, posing a potential risk if not managed properly.

Cash Flow

AOKI Holdings has demonstrated strong cash flow performance, with operating cash flow increasing from ¥4.35 billion in 2021 to ¥21.7 billion in 2025. Free cash flow has also grown significantly, reflecting effective capital expenditure management. The free cash flow to net income ratio indicates healthy cash generation relative to earnings. The company’s ability to generate consistent free cash flow provides a solid foundation for future investments and debt repayment.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	192.69B	187.72B	176.17B	154.92B	143.17B
Gross Profit	80.69B	76.93B	69.56B	59.64B	48.36B
EBITDA	24.20B	22.44B	19.47B	14.62B	-1.88B
Net Income	9.57B	7.57B	5.63B	2.56B	-11.93B
Balance Sheet
Total Assets	232.98B	236.33B	233.42B	233.01B	237.26B
Cash, Cash Equivalents and Short-Term Investments	34.88B	35.66B	38.30B	37.94B	29.94B
Total Debt	40.66B	48.22B	52.70B	61.97B	69.68B
Total Liabilities	90.83B	99.27B	101.17B	105.37B	111.41B
Stockholders Equity	141.84B	136.76B	131.97B	127.64B	125.85B
Cash Flow
Free Cash Flow	11.76B	5.70B	12.13B	8.76B	-6.59B
Operating Cash Flow	21.74B	17.59B	17.48B	17.13B	4.35B
Investing Cash Flow	-8.52B	-10.89B	-3.03B	886.00M	-11.52B
Financing Cash Flow	-13.99B	-9.34B	-14.09B	-10.02B	13.27B

AOKI Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1664.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8214, the sentiment is Positive. The current price of 1664 is above the 20-day moving average (MA) of 1663.40, above the 50-day MA of 1578.70, and above the 200-day MA of 1308.20, indicating a bullish trend. The MACD of 27.39 indicates Positive momentum. The RSI at 61.25 is Neutral, neither overbought nor oversold. The STOCH value of 26.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8214.

AOKI Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8214	78 Outperform	¥139.61B	14.61		3.31%	2.65%	26.42%
Sector *	63 Neutral	$17.14B	11.11	-7.24%	3.14%	1.68%	-25.43%
9B7	―	€636.02M	10.84	5.34%	9.15%	―	―
7606	76 Outperform	¥61.61B	13.94		2.54%	12.39%	-11.38%
7416	72 Outperform	¥12.01B	17.84		0.61%	0.61%	74.55%
8185	68 Neutral	¥37.75B	14.18		2.91%	-5.75%	49.48%
7494	50 Neutral	¥8.09B	―		6.17%	-9.83%	-371.31%

AOKI Holdings, Inc. Corporate Events

AOKI Holdings Confirms Independence Amid Shareholder Relationship

AOKI Holdings Inc. announced details regarding its controlling shareholder, ANNIVERSAIRE HOLDINGS INC., which holds 38.6% of its voting rights. Despite this connection, AOKI maintains operational independence with no significant business restrictions or transactions with ANNIVERSAIRE. The company’s board includes directors from both entities, ensuring management capabilities are strengthened while maintaining independence.

AOKI Holdings Finalizes Parent Company’s Financial Statements

AOKI Holdings Inc. announced the finalization of financial statements for its parent company, ANNIVERSAIRE HOLDINGS INC., for the fiscal year ending March 31, 2025. This announcement provides insights into the financial health and asset management of the parent company, which could impact AOKI Holdings’ strategic decisions and stakeholder interests.

AOKI Holdings Reports Strong Financial Growth and Increased Dividends

AOKI Holdings Inc. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a growth in net sales by 2.6% and a significant increase in profit attributable to owners of the parent by 26.4%. The company also announced an increase in dividends per share, reflecting a strong financial position and commitment to shareholder returns. The financial outlook for the next fiscal year anticipates continued growth in sales and profits, indicating a positive trajectory for the company.

AOKI Holdings Announces Board and Leadership Changes

AOKI Holdings Inc. has announced changes in its board of directors and the representative directors of its subsidiary, AOKI Inc. These changes, which include the appointment of new external directors and the retirement of current ones, are set to be finalized following the Annual General Meeting of Shareholders in June 2025. The restructuring aims to enhance the company’s leadership and strategic direction.

AOKI Holdings Revises Earnings and Dividend Forecasts Upward

AOKI Holdings Inc. has revised its earnings and dividend forecasts for the fiscal year ended March 31, 2025, citing strong consumer spending and effective sales measures that helped maintain gross profit despite increased procurement costs. The company has increased its year-end dividend forecast, aligning with its shareholder return policy, resulting in an annual dividend of 75 yen per share.