Olympic Group Corporation (8289) AI Stock Analysis

• Market Cap: ¥10.08B
• Dividend Yield: 4.61%
• Average Volume (3M): 13.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• Revenue Growth: 3.14%
• EPS Growth: -183.07%
• Country: JP
• Employees: 1,362
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): -34.72
• Shares Outstanding: 23,354,223
• 10 Day Avg. Volume: 16,080
• 30 Day Avg. Volume: 13,553
• PEG Ratio: 1.76
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -12.28
• 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: 53 Neutral
• Price Target: ¥464.00 ▲(3.34% Upside)
• Action: Reiterated Date: 10/02/25
• Date: Action: Reiterated 10/02/25

The overall stock score of 53 reflects significant financial performance challenges, including declining profitability and increasing leverage. Technical analysis suggests neutral momentum, while valuation is impacted by negative earnings but supported by a high dividend yield. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Diversified product portfolio and regional reach

A broad product mix across major and small appliances plus electronics and export channels reduces single-market exposure. Diversification supports revenue resiliency across cycles, enables cross-selling, and helps sustain demand over months as consumer preferences shift regionally.

Established retail and distribution partnerships

Long-standing relationships with retailers and distributors provide durable go-to-market reach and shelf presence. This lowers customer acquisition cost, accelerates new product rollouts, and secures distribution leverage that supports steady sales and margin stability over time.

Positive EBITDA margin indicates core operational strength

Sustained positive EBITDA shows the core appliance business can generate operating earnings before financing and noncash charges. That operational profitability gives management a foundation to restore net income if cost structure, pricing, or scale improves, aiding medium-term recovery.

Negative Factors

Declining revenue trend

A multi-year top-line decline erodes scale advantages, weakens bargaining power with suppliers and retailers, and pressures gross margins. Without a clear and sustained reversal, shrinking revenue undermines long-term profitability and makes operational and financial recovery harder.

Increasing leverage and rising financial risk

Growing debt levels reduce financial flexibility and raise interest burdens, limiting the firm's ability to invest or weather demand shocks. Higher leverage amplifies downside risk if cash flows remain weak and constrains strategic options like product investment or restructuring.

Negative free cash flow and cash conversion issues

Persistent negative free cash flow impairs the company's capacity to service debt, fund capex, and sustain dividends without external financing. Poor cash conversion increases liquidity risk and may force asset sales or higher-cost borrowing, weakening long-term stability.

Olympic Group Corporation Business Overview & Revenue Model

Company Description

Olympic Group Corporation, through its subsidiaries, engages in the retail business in Japan. The company offers food, daily necessities, sports and leisure goods, pet goods, cycles, shoes, clothing items, etc.; DIY and gardening supplies; pets and related supplies; trimming products; footwear and related supplies; golf equipment; and car supplies. It also engages in the insurance agency, store development, and facility management businesses, as well as the manufacture and wholesale of side dishes. In addition, the company plans, develops, and sells bicycles and bicycle related products; manages and operates distribution center; and develops and operates, and provides support services for systems. Further, it engages in the veterinary hospital business; and operation of food court. The company operates 68 Olympic stores, as well as 28 specialty stores. Olympic Group Corporation was founded in 1962 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Olympic Group Corporation generates revenue through multiple streams, primarily from the sales of its manufactured home appliances and consumer electronics. The company leverages a combination of direct sales through retail partnerships and online platforms to reach consumers effectively. Key revenue streams include the sale of major appliances, smaller electronics, and accessories. Additionally, the company may benefit from strategic partnerships with retailers and distributors that enhance its market reach and product visibility. The overall earnings are supported by a focus on developing innovative products and maintaining competitive pricing, which attracts a broad customer base.

Olympic Group Corporation Financial Statement Overview

Summary

Olympic Group Corporation faces significant challenges in terms of revenue growth and profitability, with declining margins and negative net income. The balance sheet reflects increasing leverage, posing financial risks. Cash flow issues, including negative free cash flow, highlight potential liquidity concerns.

Income Statement

The company has faced declining revenue over the past few years, with a notable decrease from 2021 to 2025. Gross profit margins have also decreased, indicating potential issues with cost management or pricing power. The net profit margin has turned negative in recent years, highlighting profitability challenges. However, the company has managed to maintain a positive EBITDA margin, suggesting some operational efficiency.

Balance Sheet

The balance sheet shows a moderate level of leverage with a debt-to-equity ratio that has increased over the years, indicating rising financial risk. The equity ratio has remained relatively stable, suggesting a balanced approach to financing. However, the return on equity has been negative recently, reflecting the company's struggles with profitability.

Cash Flow

The cash flow statement reveals fluctuating operating cash flow, with recent periods showing a decline. Free cash flow has been negative, indicating challenges in generating cash after capital expenditures. The operating cash flow to net income ratio suggests some issues in converting income into cash, although there was a positive trend in previous years.

Breakdown	TTM	Feb 2024	Feb 2024	Feb 2022	Feb 2021	Feb 2021
Income Statement
Total Revenue	98.01B	98.64B	90.94B	91.98B	98.85B	107.75B
Gross Profit	36.83B	37.31B	34.89B	35.54B	39.09B	40.87B
EBITDA	1.07B	2.32B	2.32B	2.31B	3.85B	6.52B
Net Income	-1.79B	-67.00M	-477.00M	108.00M	905.00M	3.04B
Balance Sheet
Total Assets	69.25B	69.72B	65.00B	65.20B	64.21B	65.08B
Cash, Cash Equivalents and Short-Term Investments	6.13B	4.18B	2.96B	2.93B	3.51B	4.57B
Total Debt	29.36B	32.35B	27.48B	26.74B	24.61B	22.07B
Total Liabilities	46.23B	44.56B	39.22B	38.61B	37.37B	38.67B
Stockholders Equity	23.02B	25.16B	25.78B	26.59B	26.83B	26.41B
Cash Flow
Free Cash Flow	0.00	-823.00M	-523.00M	-1.99B	-2.14B	7.77B
Operating Cash Flow	0.00	649.00M	1.78B	965.00M	-309.00M	8.79B
Investing Cash Flow	0.00	-3.60B	-2.12B	-3.20B	-2.02B	-1.23B
Financing Cash Flow	0.00	4.28B	165.00M	1.67B	1.04B	-6.81B

Olympic Group Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 449.00
• 50DMA: Negative
• 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:8289, the sentiment is Neutral. The current price of 449 is above the 20-day moving average (MA) of 443.55, below the 50-day MA of 454.86, and above the 200-day MA of 424.27, indicating a neutral trend. The MACD of -5.97 indicates Negative momentum. The RSI at 44.96 is Neutral, neither overbought nor oversold. The STOCH value of 73.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:8289.

Olympic Group Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7419	74 Outperform	¥330.65B	8.84	―	1.35%	15.92%	52.76%
3048	66 Neutral	¥294.52B	14.98	11.17%	2.61%	5.63%	25.64%
2730	65 Neutral	¥224.13B	18.16	―	2.23%	3.24%	12.49%
9831	64 Neutral	¥451.21B	9.24	4.18%	2.57%	1.26%	14.65%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
8282	60 Neutral	¥254.64B	19.39	―	2.72%	2.23%	57.10%
8289	53 Neutral	¥10.08B	-2.93	―	4.61%	3.14%	-183.07%