Nitori Holdings Co (9843) AI Stock Analysis

• Market Cap: $1.52T
• Dividend Yield: 1.12%
• Average Volume (3M): 785.95K
• Price to Earnings (P/E): 18.5
• Beta (1Y): -0.01
• Revenue Growth: 3.70%
• EPS Growth: -11.13%
• Country: JP
• Employees: 18,934
• Sector: Consumer Cyclical
• Sector Strength: 56
• Industry: Specialty Retail
• EPS (TTM): 60.77
• Shares Outstanding: 114,443,500
• 10 Day Avg. Volume: 893,060
• 30 Day Avg. Volume: 785,953
• PEG Ratio: -2.21
• Price to Book (P/B): 2.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -69.85
• 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: $16,777.09
• Price Target Upside: 22.10% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 63 Neutral
• Price Target: ¥14,354.00 ▲(4.47%Upside)

The overall stock score is primarily driven by strong financial performance, with a focus on revenue growth and operational efficiency. However, technical analysis indicates bearish momentum, and valuation metrics suggest only moderate attractiveness. The absence of earnings call insights and corporate events further limits the score.

Nitori Holdings Co Business Overview & Revenue Model

Company Description

Nitori Holdings Co., Ltd., through its subsidiaries, retails furniture and interior products in Japan, China, Taiwan, and the United States. The company also provides non-life and life insurance products; logistics services; and advertising and public relations support services. Nitori Holdings Co., Ltd. was founded in 1967 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Nitori Holdings Co., Ltd. generates revenue primarily through the sale of furniture and home accessories across its extensive network of retail stores. The company's revenue streams are diversified across various product categories such as living room furniture, bedroom furniture, kitchen items, and home decor. A significant portion of its earnings comes from its domestic operations in Japan, where it is a market leader, but it also expands its revenue base through international sales in regions like Asia and North America. Additionally, Nitori has developed a strong brand loyalty and customer base by offering value-for-money products, contributing to consistent sales growth. The company also enhances its profitability through efficient supply chain management and cost-effective production processes. Strategic partnerships with manufacturers and logistics providers further support Nitori's ability to maintain competitive pricing and product availability, which are critical factors in its revenue generation.

Nitori Holdings Co Financial Statement Overview

Summary

Nitori Holdings Co exhibits strong revenue growth and operational efficiency, with solid margins. The balance sheet shows effective leverage management, but rising debt warrants attention. Cash flow management needs improvement due to negative free cash flow, yet operational cash generation is robust. Overall, the company is financially sound with areas needing strategic focus for sustained growth.

Income Statement

Nitori Holdings Co has shown consistent revenue growth with a 3.7% increase in the latest year. Gross profit margin remains strong at 51.0%, indicating effective cost management. However, net profit margin has declined slightly to 8.3%, suggesting increased expenses or lower other income. EBIT and EBITDA margins are robust at 13.0% and 16.0% respectively, highlighting the company's operational efficiency.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.21, indicating prudent financial leverage. Return on equity is solid at 8.0%, reflecting effective use of shareholder funds. The equity ratio is stable at 71.5%, showcasing a strong asset base funded by equity. However, the increase in total debt suggests potential future risk if not managed carefully.

Cash Flow

Operating cash flow to net income ratio is healthy at 1.46, suggesting efficient cash generation from operations. However, the free cash flow has turned negative, primarily due to high capital expenditure, which could be a concern if it persists. The free cash flow to net income ratio is negative, indicating the need for improved cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	937.00B	928.95B	895.80B	812.65B	811.58B	716.90B
Gross Profit	476.05B	473.57B	455.95B	420.77B	425.90B	411.79B
EBITDA	146.41B	148.92B	154.09B	155.33B	164.61B	155.52B
Net Income	88.01B	76.89B	86.52B	87.81B	96.72B	92.11B
Balance Sheet
Total Assets	1.33T	1.35T	1.24T	1.13T	983.84B	927.05B
Cash, Cash Equivalents and Short-Term Investments	163.69B	161.92B	137.94B	131.93B	130.44B	166.37B
Total Debt	224.51B	203.02B	143.97B	146.60B	92.73B	58.16B
Total Liabilities	378.05B	385.28B	342.37B	315.67B	251.03B	245.19B
Stockholders Equity	952.05B	965.35B	896.30B	818.10B	732.81B	642.10B
Cash Flow
Free Cash Flow	0.00	-11.53B	21.63B	-25.77B	-17.60B	130.64B
Operating Cash Flow	0.00	112.07B	143.59B	91.40B	85.56B	150.88B
Investing Cash Flow	0.00	-129.91B	-131.82B	-132.54B	-119.98B	-195.99B
Financing Cash Flow	0.00	36.09B	-20.61B	36.90B	17.73B	30.31B

Nitori Holdings Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13740.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9843, the sentiment is Negative. The current price of 13740 is below the 20-day moving average (MA) of 14101.00, below the 50-day MA of 15410.30, and below the 200-day MA of 17625.44, indicating a bearish trend. The MACD of -464.99 indicates Positive momentum. The RSI at 32.16 is Neutral, neither overbought nor oversold. The STOCH value of 18.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9843.

Nitori Holdings Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9843	63 Neutral	$1.52T	18.46	8.13%	1.12%	3.70%	-11.13%
Sector *	62 Neutral	$16.72B	10.85	-7.48%	3.15%	1.66%	-24.52%
1U3		€1.63B	15.07	11.19%	2.24%	―	―
YMDAF		$2.59B	12.05	4.20%	2.82%	―	―
7419	79 Outperform	¥314.10B	9.28		0.13%	12.10%	64.42%
8282	69 Neutral	¥233.52B	25.38		3.04%	2.74%	35.44%
2730	68 Neutral	¥215.48B	15.39		2.29%	6.52%	47.34%

Nitori Holdings Co Corporate Events

Nitori Holdings Updates Executive Officer Lineup

Nitori Holdings Co., Ltd. announced a correction to its previously disclosed new executive officer lineup, effective June 26, 2025. The correction involves the reappointment of several directors and clarifies that certain directors serving as Audit & Supervisory Committee Members are not subject to re-election as their terms are not expiring. This announcement ensures transparency and accuracy in the company’s executive management structure, maintaining stakeholder confidence.

The most recent analyst rating on (JP:9843) stock is a Hold with a Yen19500.00 price target. To see the full list of analyst forecasts on Nitori Holdings Co stock, see the JP:9843 Stock Forecast page.

Nitori Holdings Co. Explores Investment Unit Reduction Strategy

Nitori Holdings Co., Ltd. has announced its approach and policy regarding the reduction of its investment unit, aiming to broaden its investor base and stimulate the stock market. The company will carefully consider various factors such as market performance and demand before making a decision, indicating a strategic move to potentially enhance its market positioning and attract more investors.

The most recent analyst rating on (JP:9843) stock is a Hold with a Yen19500.00 price target. To see the full list of analyst forecasts on Nitori Holdings Co stock, see the JP:9843 Stock Forecast page.

Nitori Holdings Announces Executive Officer Lineup

Nitori Holdings Co., Ltd. announced a new lineup of executive officers following a Board of Directors meeting. The reappointments include key figures such as Akio Nitori as Representative Director & Chairperson and Toshiyuki Shirai as Representative Director & President. These changes are set to be confirmed at the upcoming Annual General Meeting of Shareholders, indicating a continuity in leadership that may influence the company’s strategic direction and reassure stakeholders of stable governance.

The most recent analyst rating on (JP:9843) stock is a Hold with a Yen19500.00 price target. To see the full list of analyst forecasts on Nitori Holdings Co stock, see the JP:9843 Stock Forecast page.

Nitori Holdings Reports 2025 Financial Results with Increased Sales but Lower Profits

Nitori Holdings Co. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a 3.7% increase in net sales compared to the previous year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, reflecting challenges in maintaining profitability. Despite these declines, Nitori Holdings plans to increase its annual dividend, indicating confidence in its future financial performance. The company also forecasts a 6.4% increase in net sales for the next fiscal year, with improvements in operating and ordinary profits, suggesting a positive outlook for recovery and growth.

The most recent analyst rating on (JP:9843) stock is a Hold with a Yen19500.00 price target. To see the full list of analyst forecasts on Nitori Holdings Co stock, see the JP:9843 Stock Forecast page.

Nitori Holdings Boosts Capital in Indonesian Subsidiary

Nitori Holdings Co., Ltd. announced an increase in capital for its subsidiary, PT NITORI TRADING INDONESIA, to strengthen its business foundation and expand sales in Indonesia. This move will make the subsidiary a specified subsidiary, although the impact on the company’s consolidated financial results is expected to be minimal.