Sakurajima Futo Kaisha, Ltd. (9353) AI Stock Analysis

• Market Cap: ¥3.79B
• Dividend Yield: 1.57%
• Average Volume (3M): 27.54K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 0.35
• Revenue Growth: 12.51%
• EPS Growth: 58.13%
• Country: JP
• Employees: 95
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 57.03
• Shares Outstanding: 1,540,000
• 10 Day Avg. Volume: 74,720
• 30 Day Avg. Volume: 27,543
• PEG Ratio: 1.14
• Price to Book (P/B): 0.38
• Price to Sales (P/S): 0.62
• P/FCF Ratio: 17.98
• 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: 74 Outperform
• Price Target: ¥2,943.00 ▲(23.09% Upside)

The score is driven primarily by solid financial performance (profitable growth, stable balance sheet, improved but still volatile free cash flow) and supportive technicals (price above key moving averages with positive MACD and neutral RSI). Valuation is also favorable with a reasonable P/E and a modest dividend yield.

Positive Factors

Revenue Growth

Sustained ~12.5% revenue growth indicates durable demand for ferry, vehicle and freight services across tourism and local commuter markets. Persistent top-line gains support reinvestment in vessels and routes, and provide a foundation for multi-year cash flow improvement and scale benefits.

Balance Sheet Strength

A strong equity base and favorable equity ratio provide financial resilience for capital-intensive marine operations. This enhances ability to finance fleet maintenance and route expansion internally or on favorable terms, reducing long-term refinancing and solvency risk during demand cycles.

Operating Cash Generation

Consistent operating cash flow covering net income signals reliable cash conversion from core ferry and logistics operations. That steadiness supports ongoing capex for vessels, servicing of obligations, and potential shareholder distributions without overreliance on external financing.

Negative Factors

Rising Total Debt

Rising total debt, despite manageable leverage today, reduces financial flexibility and raises sensitivity to interest cost or revenue shocks. For a capital-heavy shipping business, higher debt can constrain future fleet investment or force deleveraging actions that impair long-term growth initiatives.

Free Cash Flow Volatility

Volatile free cash flow undermines predictability for reinvestment in vessels, maintenance cycles and strategic projects. Inconsistent FCF complicates multi-year planning for a transport operator reliant on scheduled capex, potentially forcing tradeoffs between upkeep, route investment and cash returns.

Margin Volatility

Fluctuating EBIT/EBITDA margins point to operational sensitivity—seasonality, fuel, or utilization swings—that can erode sustainable profitability. Margin instability makes forecasting less reliable and can pressure returns on fleet investments, affecting long-term competitiveness and pricing power.

Sakurajima Futo Kaisha, Ltd. Business Overview & Revenue Model

Company Description

Sakurajima Futo Kaisha, Ltd. engages in the port transportation business in Japan. The company is involved in the bulk cargo handling, such as coal, coke, raw salt, soda ash, titanium raw materials, etc.; liquid cargo handling, including petroleum products, chemicals, chemical products, etc.; and logistic warehousing comprising chemical centers, central kitchen, cold storage warehouses, etc., as well as solar power generation business. It offers barge transportation, warehousing, cargo transportation, and customs brokerage business. Sakurajima Futo Kaisha, Ltd. was incorporated in 1948 and is headquartered in Osaka, Japan.

How the Company Makes Money

Sakurajima Futo Kaisha, Ltd. generates revenue primarily through ticket sales from its passenger ferry services, which cater to both tourists and local commuters. Additionally, the company earns income from vehicle transport fees, allowing cars, buses, and trucks to cross the waters. Freight logistics also contribute to its earnings, as businesses rely on the company for transporting goods between the island and mainland. Partnerships with local tourism agencies and businesses help drive passenger numbers and cargo volume, enhancing revenue streams. Seasonal promotions and services tailored to peak tourist seasons further bolster income, while maintaining a steady flow of local transportation needs ensures a consistent revenue base.

Sakurajima Futo Kaisha, Ltd. Financial Statement Overview

Summary

Financial statements indicate solid overall health: positive revenue growth with stable gross margin and healthy net profitability (income statement strength). Balance sheet is stable with a strong equity base and manageable leverage, though rising total debt is a watch item. Cash generation is generally good with operating cash flow covering net income, but free cash flow has shown some volatility despite improvement.

Income Statement

Sakurajima Futo Kaisha, Ltd. has demonstrated positive revenue growth over the past years, with a notable increase from 2024 to 2025. The gross profit margin has remained stable, indicating efficient cost management. However, the EBIT and EBITDA margins have shown some volatility, reflecting potential operational challenges. The net profit margin is healthy, showcasing strong profitability.

Balance Sheet

The company maintains a strong equity base with a favorable equity ratio, indicating financial stability. The debt-to-equity ratio is reasonable, suggesting manageable leverage. Return on equity has been consistent, reflecting effective use of shareholder funds. However, the increase in total debt over the years could pose a risk if not managed carefully.

Cash Flow

Operating cash flow has been robust, consistently covering net income, which is a positive sign of cash generation. Free cash flow has improved significantly from negative figures in previous years, indicating better capital expenditure management. However, fluctuations in free cash flow growth rate suggest potential volatility in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.45B	4.34B	4.11B	3.87B	4.20B	4.51B
Gross Profit	855.90M	792.53M	779.37M	645.21M	564.95M	550.00M
EBITDA	740.74M	749.06M	663.53M	557.12M	468.10M	504.77M
Net Income	285.99M	233.00M	211.67M	193.23M	177.29M	189.63M
Balance Sheet
Total Assets	10.91B	11.10B	10.08B	7.94B	7.58B	7.15B
Cash, Cash Equivalents and Short-Term Investments	630.09M	941.13M	850.00M	934.00M	1.54B	1.36B
Total Debt	1.57B	1.67B	1.65B	1.34B	1.55B	1.62B
Total Liabilities	3.93B	4.13B	3.81B	2.98B	2.95B	2.84B
Stockholders Equity	6.97B	6.97B	6.27B	4.97B	4.63B	4.31B
Cash Flow
Free Cash Flow	0.00	149.12M	-309.32M	-556.79M	105.17M	-19.66M
Operating Cash Flow	0.00	755.69M	755.78M	631.72M	387.72M	557.89M
Investing Cash Flow	0.00	-608.24M	-1.08B	-1.11B	-262.20M	-563.43M
Financing Cash Flow	0.00	-56.79M	241.88M	-126.39M	85.13M	-8.54M

Sakurajima Futo Kaisha, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2391.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9353, the sentiment is Positive. The current price of 2391 is below the 20-day moving average (MA) of 2626.90, below the 50-day MA of 2532.46, and above the 200-day MA of 2049.00, indicating a neutral trend. The MACD of 15.59 indicates Positive momentum. The RSI at 51.15 is Neutral, neither overbought nor oversold. The STOCH value of 7.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9353.

Sakurajima Futo Kaisha, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9361	78 Outperform	¥5.45B	7.52	―	3.02%	7.54%	44.72%
9353	74 Outperform	¥3.79B	12.36	―	1.57%	12.51%	58.13%
9365	71 Outperform	¥2.34B	5.98	―	3.32%	7.26%	55.00%
9367	70 Outperform	¥19.98B	28.38	―	1.38%	7.07%	26.88%
9380	65 Neutral	¥11.58B	23.55	―	1.87%	-0.35%	11.44%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
9362	60 Neutral	¥4.25B	15.90	―	2.93%	0.09%	-44.81%