Yamada Denki Co (9831) AI Stock Analysis

• Market Cap: ¥405.80B
• Dividend Yield: 2.68%
• Average Volume (3M): 2.56M
• Price to Earnings (P/E): 12.4
• Beta (1Y): 0.42
• Revenue Growth: 1.26%
• EPS Growth: 14.65%
• Country: JP
• Employees: 25,526
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 5.87
• Shares Outstanding: 966,863,200
• 10 Day Avg. Volume: 2,255,050
• 30 Day Avg. Volume: 2,560,496
• PEG Ratio: 0.93
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 28.87
• 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): 42.32
• Revenue Forecast (FY): ¥1.66T

• Rating: 64 Neutral
• Price Target: ¥493.00 ▲(1.59% Upside)

The overall stock score is primarily influenced by stable financial performance and reasonable valuation metrics. However, technical indicators suggest bearish momentum, which weighs down the score. The absence of significant earnings call insights or corporate events leaves the financial and technical analysis as the main drivers of the score.

Yamada Denki Co Business Overview & Revenue Model

Company Description

Yamada Denki Co., Ltd. (stock code 9831) is one of Japan's leading retail chains specializing in consumer electronics and home appliances. Founded in 1973, the company operates a network of stores across Japan, offering a wide range of products including televisions, computers, smartphones, kitchen appliances, and other electronic goods. Yamada Denki also provides services such as installation, repair, and customer support, along with a growing online sales platform to cater to the evolving shopping preferences of consumers.

How the Company Makes Money

Yamada Denki's revenue model primarily revolves around the retail sales of consumer electronics and home appliances. The company generates income through direct sales in its physical stores as well as its online platform. Key revenue streams include sales of products such as TVs, smartphones, and white goods, as well as service offerings including installation and repairs. Additionally, Yamada Denki benefits from strong partnerships with major electronics manufacturers, which can provide exclusive deals and promotional pricing, enhancing their competitive advantage. Seasonal promotions, loyalty programs, and financing options for customers also contribute to driving sales, while the company's extensive store network helps capture a broad customer base, thus sustaining its revenue growth.

Yamada Denki Co Financial Statement Overview

Summary

Yamada Denki Co is operating with stable revenue and profitability metrics, maintaining a healthy balance sheet with moderate leverage. While the operational cash flow remains strong, the decline in free cash flow growth is a concern. The company is positioned well within the specialty retail sector, but it must focus on improving cash flow generation and optimizing net income to enhance overall financial health.

Income Statement

Yamada Denki Co has shown a stable revenue stream with slight growth over recent years. The gross profit margin has remained strong, reflecting efficient cost management. However, the net profit margin has seen some fluctuations due to varying levels of net income. EBIT and EBITDA margins are healthy, indicating good operational profitability, but there is room for improvement to reach peak historical levels.

Balance Sheet

The company's debt-to-equity ratio is moderate, suggesting a balanced approach to leveraging. Return on equity is satisfactory, though it hasn't fully recovered to past peaks. The equity ratio indicates a stable asset base with a solid foundation of stockholders' equity. Overall, the balance sheet shows a stable financial position with manageable leverage.

Cash Flow

Cash flow from operations is robust and supports the company's capital expenditures. However, there has been a decline in free cash flow in recent years, which may impact future flexibility. The operating cash flow to net income ratio suggests efficient cash conversion, but the drop in free cash flow growth highlights a potential risk area.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.63T	1.63T	1.59T	1.60T	1.62T	1.75T
Gross Profit	456.60B	457.36B	454.22B	448.77B	464.96B	521.04B
EBITDA	69.71B	72.17B	67.10B	70.18B	95.38B	100.73B
Net Income	26.15B	26.91B	24.05B	31.82B	50.55B	51.80B
Balance Sheet
Total Assets	1.40T	1.32T	1.29T	1.27T	1.27T	1.25T
Cash, Cash Equivalents and Short-Term Investments	61.90B	68.38B	55.24B	47.24B	57.18B	74.44B
Total Debt	324.44B	325.55B	315.83B	319.54B	238.14B	235.25B
Total Liabilities	758.09B	679.71B	664.82B	659.41B	595.39B	580.06B
Stockholders Equity	633.31B	639.32B	618.64B	606.58B	658.43B	650.99B
Cash Flow
Free Cash Flow	0.00	10.32B	28.22B	22.20B	-8.47B	98.99B
Operating Cash Flow	0.00	51.57B	54.56B	43.74B	21.08B	122.28B
Investing Cash Flow	0.00	-35.14B	-21.91B	-25.21B	-22.27B	-14.78B
Financing Cash Flow	0.00	-4.06B	-25.59B	-29.45B	-16.65B	-82.84B

Yamada Denki Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 485.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9831, the sentiment is Positive. The current price of 485.3 is above the 20-day moving average (MA) of 472.17, above the 50-day MA of 468.19, and above the 200-day MA of 452.96, indicating a bullish trend. The MACD of 3.89 indicates Negative momentum. The RSI at 60.68 is Neutral, neither overbought nor oversold. The STOCH value of 93.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9831.

Yamada Denki Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7419	74 Outperform	¥351.47B	8.80	―	1.39%	15.92%	52.76%
3048	69 Neutral	¥271.75B	15.55	11.17%	2.61%	5.63%	25.64%
2730	68 Neutral	¥213.92B	16.13	―	2.29%	3.24%	12.49%
8282	67 Neutral	¥246.54B	22.61	―	2.78%	2.23%	57.10%
9831	64 Neutral	¥405.80B	12.40	4.18%	2.68%	1.26%	14.65%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Yamada Denki Co Corporate Events

Yamada Holdings Announces Share Buyback Progress

Yamada Holdings Co., Ltd announced the acquisition of 4,107,000 of its own common shares at a total cost of ¥1,900,824,803 during November 2025. This move is part of a larger plan approved in May 2025, allowing for the acquisition of up to 40 million shares, aiming to enhance shareholder value and optimize capital structure.

Yamada Denki Co. Reports Stable Financial Performance Amid Slight Profit Decline

Yamada Denki Co. reported its consolidated financial results for the six months ending September 30, 2025, showing a slight increase in net sales by 0.5% year-on-year to ¥800,099 million. Despite the rise in sales, the company experienced a decline in operating profit by 6.7% and ordinary profit by 3.4%. The profit attributable to owners of the parent remained almost flat with a marginal increase of 0.1%. The company’s financial position remains stable with total assets at ¥1,334,100 million and an equity-to-asset ratio of 47.4%. The forecast for the fiscal year ending March 31, 2026, anticipates a 4.2% increase in net sales and a 14.2% rise in operating profit, indicating a positive outlook for the company’s future performance.

Yamada Holdings Introduces Employee Share Incentive Plan

Yamada Holdings Co., Ltd has announced a plan to dispose of its own shares as part of a restricted share incentive plan aimed at its employees. This initiative is designed to enhance employee welfare and align their interests with shareholders by allowing them to acquire company shares. The plan is expected to support employees in asset building and motivate them to contribute to the company’s medium-term management goals, thereby promoting sustainable corporate value enhancement.

Yamada Denki Co Reports Mixed Financial Results for First Half of 2025

Yamada Denki Co reported its consolidated financial results for the six months ending September 30, 2025, showing a slight increase in net sales by 0.5% to ¥800,099 million compared to the previous year. Despite this, the company experienced a decline in operating profit by 6.7% and ordinary profit by 3.4%. The company forecasts a 4.2% increase in net sales and a 14.2% rise in operating profit for the fiscal year ending March 31, 2026, indicating a positive outlook for future growth.

Yamada Holdings Announces Share Buyback Strategy

Yamada Holdings Co., Ltd has announced the acquisition of its own shares, purchasing 4,257,700 common shares for approximately ¥1.99 billion between October 1 and October 31, 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 40 million shares by March 2026, aiming to enhance shareholder value and optimize capital structure.