Shobunsha Holdings, Inc. (9475) AI Stock Analysis

• Market Cap: ¥7.69B
• Dividend Yield: 1.18%
• Average Volume (3M): 8.20K
• Price to Earnings (P/E): 93.1
• Beta (1Y): 0.26
• Revenue Growth: -2.63%
• EPS Growth: -96.18%
• Country: JP
• Employees: 228
• Sector: Communication Services
• Sector Strength: 94
• Industry: Publishing
• EPS (TTM): -7.32
• Shares Outstanding: 18,178,171
• 10 Day Avg. Volume: 4,850
• 30 Day Avg. Volume: 8,196
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥449.00
• Price Target Upside: 6.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ¥449.00 ▲(6.15% Upside)

Shobunsha Holdings shows a positive financial recovery and strong technical indicators, driving the overall score. The company's low debt levels and positive cash flow trajectory are strengths, but modest return on equity and a fair valuation limit potential upside.

Positive Factors

Financial Recovery

The company's financial recovery with improved margins and revenue signals a strengthening business model and operational efficiency, enhancing its long-term viability.

Balance Sheet Strength

A strong balance sheet with high equity and low debt levels provides financial stability and flexibility, supporting sustainable growth and investment capacity.

Cash Flow Improvement

Improved cash flow management and positive free cash flow indicate effective resource allocation and financial health, crucial for funding operations and growth initiatives.

Negative Factors

Revenue Growth Challenges

Negative revenue growth reflects challenges in market expansion and product demand, potentially impacting long-term competitive positioning and profitability.

Modest Return on Equity

A modest return on equity suggests inefficiencies in generating returns from equity investments, indicating potential areas for strategic improvement to enhance shareholder value.

Volatile Profit Margins

Volatile profit margins highlight operational and market challenges, which may affect the company's ability to maintain consistent profitability and investor confidence.

Shobunsha Holdings, Inc. Business Overview & Revenue Model

Company Description

Shobunsha Holdings, Inc. (9475) is a Japanese company primarily engaged in the publishing industry. The company is well-known for its production and distribution of maps, atlases, travel guides, and various other publications. Shobunsha leverages its expertise in cartography to provide detailed and accurate navigational products for both consumer and professional use.

How the Company Makes Money

Shobunsha Holdings, Inc. generates revenue through the sale of its published materials, including maps, atlases, and travel guides. The company sells these products through various channels such as bookstores, online platforms, and direct sales to educational institutions and businesses. Additionally, Shobunsha may engage in licensing agreements, allowing other companies to use its cartographic data for digital applications and services. Partnerships with travel agencies or tourism boards can also contribute to its revenue, as these organizations may purchase bulk quantities of travel guides or maps for distribution to their clients.

Shobunsha Holdings, Inc. Financial Statement Overview

Summary

Shobunsha Holdings is showing signs of recovery with improved margins and revenue recovery. The balance sheet is strong with low debt levels, and cash flows have turned positive, suggesting financial flexibility. However, the return on equity is modest, indicating a need for improved profitability.

Income Statement

Shobunsha Holdings has shown a fluctuating revenue trend over the years with a noticeable drop from 2020 to 2022, followed by a recovery. Despite this, the company managed to improve its gross profit margin over the years, reaching 38.6% in 2025. However, the net profit margin has been volatile, with significant losses in earlier years and recovery to a positive 8.65% in 2025. The EBIT and EBITDA margins have also shown improvements, indicating enhanced operational efficiency.

Balance Sheet

The company's balance sheet indicates strong equity with an equity ratio of 70.7% in 2025, suggesting financial stability. The debt-to-equity ratio remains low at 0.05, highlighting a conservative leverage approach. The return on equity, however, is modest at 4.16%, reflecting room for improvement in generating returns from equity.

Cash Flow

Shobunsha Holdings has demonstrated a remarkable turnaround in cash flow management. The operating cash flow has improved significantly, leading to a positive free cash flow in 2025. The free cash flow to net income ratio indicates efficient cash generation relative to profit. Despite past negative cash flows, the current trajectory is positive.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.26B	6.26B	6.41B	5.55B	4.62B	6.49B
Gross Profit	2.41B	2.41B	2.62B	2.03B	737.14M	1.42B
EBITDA	702.37M	806.09M	2.17B	229.23M	-1.30B	-1.91B
Net Income	539.95M	541.40M	1.77B	30.14M	-1.58B	-2.37B
Balance Sheet
Total Assets	18.42B	18.42B	18.88B	15.58B	15.25B	16.87B
Cash, Cash Equivalents and Short-Term Investments	6.46B	6.46B	6.28B	4.74B	3.97B	4.63B
Total Debt	640.00M	640.00M	770.00M	770.00M	770.00M	770.00M
Total Liabilities	5.40B	5.40B	6.19B	5.07B	4.79B	3.59B
Stockholders Equity	13.02B	13.02B	12.69B	10.51B	10.46B	13.29B
Cash Flow
Free Cash Flow	0.00	461.44M	-797.20M	316.57M	-655.59M	-457.00M
Operating Cash Flow	0.00	700.28M	-664.17M	495.77M	-485.60M	39.16M
Investing Cash Flow	0.00	-279.79M	2.19B	275.14M	-82.19M	-386.09M
Financing Cash Flow	0.00	-220.10M	-18.00K	0.00	-1.38M	-643.00K

Shobunsha Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 423.00
• 50DMA: Positive
• 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:9475, the sentiment is Positive. The current price of 423 is above the 20-day moving average (MA) of 418.80, above the 50-day MA of 415.34, and above the 200-day MA of 402.18, indicating a bullish trend. The MACD of 2.28 indicates Negative momentum. The RSI at 63.07 is Neutral, neither overbought nor oversold. The STOCH value of 76.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9475.

Shobunsha Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9478	79 Outperform	¥5.56B	11.86		0.99%	-1.63%	-11.41%
6176	77 Outperform	¥10.94B	16.33		―	11.53%	-0.28%
7875	71 Outperform	¥8.63B	6.18		3.13%	9.10%	76.73%
9475	69 Neutral	¥7.69B	93.07		1.18%	-2.63%	-96.18%
Sector *	60 Neutral	$47.13B	4.38	-11.40%	4.21%	1.87%	-42.87%
9479	55 Neutral		―		―	-0.55%	89.02%
3641	52 Neutral	¥7.62B	―		1.13%	-8.78%	-191.76%