TAKAYOSHI Holdings INC. (9259) AI Stock Analysis

• Market Cap: ¥5.55B
• Dividend Yield: 3.81%
• Average Volume (3M): 16.20K
• Price to Earnings (P/E): 6.6
• Beta (1Y): 0.52
• Revenue Growth: 1.83%
• EPS Growth: -25.02%
• Country: JP
• Employees: 71
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Grocery Stores
• EPS (TTM): 28.63
• Shares Outstanding: 5,610,500
• 10 Day Avg. Volume: 4,580
• 30 Day Avg. Volume: 16,196
• PEG Ratio: -0.39
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 0.50
• P/FCF Ratio: 7.07
• 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: 75 Outperform
• Price Target: ¥1,113.00 ▲(46.45% Upside)
• Action: Reiterated Date: 12/12/25
• Date: Action: Reiterated 12/12/25

TAKAYOSHI Holdings INC. benefits from strong technical momentum and a solid valuation, with a reasonable P/E ratio and attractive dividend yield. While financial performance shows strengths in revenue growth and cost management, challenges in net profit margins and cash flow volatility need attention.

Positive Factors

High Gross Margin

A gross profit margin above 90% reflects structural cost advantages in production and pricing power in core food categories. Sustained high gross margins provide durable protection for operating performance, enabling reinvestment in R&D, brand building and distribution to support long-term competitiveness.

Low Leverage / Strong Capital Structure

A dramatic reduction in leverage and a >50% equity ratio materially lowers financing risk and interest burden. This stronger capital structure enhances financial flexibility for capex, acquisitions, or downturns, and supports resilient operations and strategic investments over multiple quarters.

Robust Revenue Growth

Persistent top-line growth—supported by diversified manufacturing, established distribution and export opportunities—drives scale and fixed-cost absorption. Durable revenue expansion underpins long-term margin sustainability and funds product development and market expansion initiatives.

Negative Factors

Declining Net Margin

Net margin erosion despite high gross margins signals rising operating expenses, SG&A pressure, or other non-operating costs. If structural, this trend can limit retained earnings, reduce reinvestment capacity and compress returns to shareholders over multiple reporting periods.

Operating Cash Flow Volatility

Decreasing and volatile operating cash flow undermines predictability of internal funding for capex, dividends and working capital. Even with a solid FCF-to-net-income ratio, inconsistent cash conversion raises the risk of external financing needs and could delay strategic investments.

Falling Return on Equity

A declining ROE indicates less efficient use of shareholder capital and weakening profitability trends. If the decline persists, it may reflect competitive pressures or margin compression that reduce long-term shareholder value and constrain capital allocation choices.

TAKAYOSHI Holdings INC. Business Overview & Revenue Model

Company Description

TAKAYOSHI Holdings, INC. engages in the food retail business in Japan. It operates and franchises a food platform store under the Wakuwaku Hiroba name. The company was formerly known as Takayoshi, Inc. and changed its name to TAKAYOSHI Holdings, INC. in March 2024. The company was incorporated in 1970 and is based in Chiba, Japan.

How the Company Makes Money

TAKAYOSHI Holdings INC. Financial Statement Overview

Summary

TAKAYOSHI Holdings INC. shows strong revenue growth and efficient cost management with a high gross profit margin. The reduction in leverage and improved capital structure are positive, but declining net profit margins and cash flow volatility present challenges.

Income Statement

TAKAYOSHI Holdings INC. has demonstrated consistent revenue growth over the years, with a 2% increase in the latest period. The company maintains a strong gross profit margin of 94.35%, indicating efficient cost management. However, the net profit margin has decreased to 5.09%, suggesting rising expenses or other financial pressures. The EBIT and EBITDA margins have also seen a decline, pointing to potential operational challenges.

Balance Sheet

The company has significantly reduced its debt-to-equity ratio from 71.81 to 0.09, reflecting improved financial stability and reduced leverage risk. The return on equity has decreased to 12.54%, which is still healthy but indicates a decline in profitability. The equity ratio stands at 53.57%, showcasing a strong capital structure with a good balance between debt and equity.

Cash Flow

Operating cash flow has decreased, but the company maintains a solid free cash flow to net income ratio of 77.39%, indicating efficient cash generation relative to profits. The free cash flow growth rate is not available for the latest period, but previous periods showed volatility, suggesting potential cash flow management challenges.

Breakdown	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	7.98B	7.84B	7.19B	6.44B	5.53B
Gross Profit	7.53B	7.51B	6.86B	6.03B	5.03B
EBITDA	972.24M	1.14B	1.07B	1.15B	1.14B
Net Income	402.00M	540.48M	483.64M	471.57M	593.80M
Balance Sheet
Total Assets	6.05B	7.71B	7.67B	6.73B	4.78B
Cash, Cash Equivalents and Short-Term Investments	1.62B	2.96B	3.01B	3.00B	1.43B
Total Debt	283.86M	2.07B	2.44B	2.21B	2.54B
Total Liabilities	2.81B	4.88B	5.38B	4.93B	4.74B
Stockholders Equity	3.24B	2.83B	2.29B	1.80B	35.41M
Cash Flow
Free Cash Flow	565.35M	487.89M	2.91M	790.92M	960.14M
Operating Cash Flow	730.49M	1.02B	740.78M	1.22B	1.11B
Investing Cash Flow	-275.96M	-629.75M	-869.06M	-299.01M	-420.02M
Financing Cash Flow	-1.80B	-431.65M	141.91M	854.02M	-431.45M

TAKAYOSHI Holdings INC. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 760.00
• 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:9259, the sentiment is Positive. The current price of 760 is below the 20-day moving average (MA) of 949.95, below the 50-day MA of 874.52, and above the 200-day MA of 755.86, indicating a bullish trend. The MACD of 30.71 indicates Positive momentum. The RSI at 68.09 is Neutral, neither overbought nor oversold. The STOCH value of 65.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9259.

TAKAYOSHI Holdings INC. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2687	79 Outperform	¥2.42B	16.77	―	4.73%	2.93%	-81.08%
9259	75 Outperform	¥5.55B	6.63	―	3.81%	1.83%	-25.02%
7544	69 Neutral	¥4.40B	14.44	―	2.18%	―	―
2747	62 Neutral	¥3.81B	-43.28	―	1.55%	0.42%	13.11%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
7515	48 Neutral	¥4.24B	25.11	―	0.67%	5.74%	14.35%
5616	44 Neutral	¥1.88B	10.36	―	―	-2.07%	76.07%