Caster Co. Ltd. (9331) AI Stock Analysis

• Market Cap: ¥1.56B
• Dividend Yield: N/A
• Average Volume (3M): 2.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.15
• Revenue Growth: 3.33%
• EPS Growth: -80.47%
• Country: JP
• Employees: 847
• Sector: Industrials
• Sector Strength: 72
• Industry: Staffing & Employment Services
• EPS (TTM): -10.91
• Shares Outstanding: 1,960,460
• 10 Day Avg. Volume: 2,470
• 30 Day Avg. Volume: 2,113
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• 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: 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: 46 Neutral
• Price Target: ¥783.00 ▼(-2.00% Downside)

Caster Co. Ltd.'s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. Technical analysis indicates a bearish trend, and valuation metrics are weak due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Caster Co. Ltd.'s products and effective market penetration, supporting long-term business expansion.

Improved Leverage

Improved leverage management enhances financial stability and reduces risk, providing a stronger foundation for future growth and investment.

Cash Flow Alignment

Positive cash flow alignment with earnings suggests operational efficiency and potential for reinvestment in growth initiatives.

Negative Factors

Profitability Challenges

Ongoing profitability issues may limit Caster Co. Ltd.'s ability to invest in growth and innovation, impacting long-term competitiveness.

Negative Cash Flow

Negative cash flows indicate liquidity issues, which can constrain the company's ability to fund operations and strategic initiatives.

Decreased Gross Profit Margin

A declining gross profit margin suggests cost management issues, potentially affecting the company's ability to maintain competitive pricing and profitability.

Caster Co. Ltd. Business Overview & Revenue Model

Company Description

Caster Co. Ltd. (9331) is a prominent company specializing in the manufacturing and distribution of various caster wheels and related products. Operating primarily in the industrial and commercial sectors, Caster Co. Ltd. offers a wide range of solutions designed to enhance the mobility of equipment and furniture. Their core products include heavy-duty casters, light-duty casters, and custom caster solutions tailored to the specific needs of various industries such as logistics, healthcare, and retail.

How the Company Makes Money

Caster Co. Ltd. generates revenue primarily through the sale of its caster products to businesses in diverse sectors. The company operates a B2B model, supplying casters to manufacturers, retailers, and service providers who require mobility solutions for their products. Key revenue streams include direct sales to large industrial clients, bulk orders from distributors, and custom orders that cater to specific client specifications. Additionally, Caster Co. Ltd. may engage in partnerships with equipment manufacturers to integrate their caster solutions into new products, creating additional sales opportunities. The company's focus on quality and innovation, alongside its established reputation in the market, contributes significantly to its earnings by attracting a loyal customer base and enabling premium pricing strategies.

Caster Co. Ltd. Financial Statement Overview

Summary

Caster Co. Ltd. shows revenue growth but struggles with profitability and cash flow management. The balance sheet is stable with low leverage, but negative returns on equity and cash flow issues highlight operational challenges.

Income Statement

Caster Co. Ltd. shows a mixed performance in its income statement. The company has experienced a consistent increase in total revenue over the years, with a notable revenue growth rate of 6.24% from 2023 to 2024. However, profitability metrics are concerning, as evidenced by negative EBIT and net income in 2024, resulting in negative EBIT and net profit margins. The gross profit margin remains relatively stable, but the negative EBITDA margin highlights operational inefficiencies.

Balance Sheet

The balance sheet of Caster Co. Ltd. indicates a moderate financial position. The debt-to-equity ratio is low, suggesting manageable leverage, and the equity ratio is reasonable at 44.93%, indicating a balanced capital structure. However, the return on equity is negative due to net losses, which is a concern for investors. The company maintains a strong cash position, which provides some financial stability.

Cash Flow

Cash flow analysis reveals challenges in cash generation. The operating cash flow is negative, indicating difficulties in generating cash from core operations. The free cash flow is also negative, although the free cash flow to net income ratio is not applicable due to negative net income. The company has shown improvement in free cash flow from 2023 to 2024, but overall cash flow management remains a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.45B	4.59B	4.44B	4.18B	3.34B	2.24B
Gross Profit	1.22B	1.68B	1.78B	1.62B	1.28B	922.67M
EBITDA	-316.92M	-319.70M	-171.00M	28.11M	-150.32M	-328.53M
Net Income	-371.86M	-393.26M	-217.91M	29.21M	-145.05M	-336.68M
Balance Sheet
Total Assets	1.90B	1.87B	2.46B	1.87B	2.09B	1.35B
Cash, Cash Equivalents and Short-Term Investments	1.12B	1.18B	1.64B	1.52B	1.79B	1.19B
Total Debt	467.43M	458.40M	525.61M	130.00M	361.11M	430.00M
Total Liabilities	1.16B	1.16B	1.35B	834.69M	1.08B	990.78M
Stockholders Equity	734.23M	709.92M	1.10B	1.04B	1.01B	356.06M
Cash Flow
Free Cash Flow	0.00	-374.11M	-156.43M	-40.29M	-128.37M	-249.01M
Operating Cash Flow	0.00	-371.91M	-153.60M	-31.87M	-128.10M	-245.81M
Investing Cash Flow	0.00	18.44M	-296.73M	-11.03M	-275.00K	-23.79M
Financing Cash Flow	0.00	-69.48M	570.92M	-234.82M	730.51M	494.93M

Caster Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 799.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9331, the sentiment is Negative. The current price of 799 is above the 20-day moving average (MA) of 794.30, above the 50-day MA of 794.66, and below the 200-day MA of 872.54, indicating a bearish trend. The MACD of -5.02 indicates Positive momentum. The RSI at 37.81 is Neutral, neither overbought nor oversold. The STOCH value of 58.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9331.

Caster Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6538	76 Outperform	¥7.92B	20.36	―	1.32%	12.73%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6558	62 Neutral	¥2.28B	-6.03	―	―	-12.60%	-335.07%
6551	61 Neutral	¥6.47B	12.36	―	1.87%	11.47%	45.70%
7041	58 Neutral	¥1.74B	11.29	―	2.85%	-3.92%	―
9331	46 Neutral	¥1.56B	-3.92	―	―	3.33%	-80.47%