Inaba Denkisangyo Co., Ltd. (9934) AI Stock Analysis

• Market Cap: ¥291.23B
• Dividend Yield: 2.97%
• Average Volume (3M): 75.90K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.68
• Revenue Growth: 8.25%
• EPS Growth: 26.01%
• Country: JP
• Employees: 2,156
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 45.51
• Shares Outstanding: 113,659,600
• 10 Day Avg. Volume: 74,800
• 30 Day Avg. Volume: 75,903
• PEG Ratio: 0.58
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 0.56
• P/FCF Ratio: 9.63
• 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: 77 Outperform
• Price Target: ¥2,844.00 ▲(10.08% Upside)

Inaba Denkisangyo Co., Ltd. scores well due to its strong financial performance and solid valuation. The technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

The company's consistent revenue growth indicates a strong market position and effective strategies in expanding its product reach, ensuring long-term business sustainability.

Cash Generation

Strong cash generation supports the company's ability to reinvest in growth opportunities, maintain liquidity, and provide financial flexibility for future operations.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability, reducing risk and supporting sustainable growth and investment capacity.

Negative Factors

Capital Expenditure Fluctuations

Variability in capital expenditures can impact cash flow predictability, potentially affecting the company's ability to manage investments and operational costs efficiently.

Industry Competition

Operating in a highly competitive industry may pressure margins and require continuous innovation and marketing efforts to maintain market share and profitability.

Market Dependence

Heavy reliance on specific markets or regions could expose the company to geopolitical risks and demand fluctuations, impacting revenue stability.

Inaba Denkisangyo Co., Ltd. Business Overview & Revenue Model

Company Description

Inaba Denki Sangyo Co.,Ltd. provides electrical equipment and materials, industrial solutions, and proprietary products in Japan. The company supplies a range of products, including light fittings, air conditioning systems, distribution panels, and other electric equipment; and power sockets, wiring accessories, and other electrical materials for various types of houses, office buildings, and public facilities. It also sells environment-friendly products, such as solar photovoltaic systems and LED light fittings; and plans and sells JAPPY brand products. In addition, the company offers sensors, switches, relays, and other control units; and combinations of LCD devices, connectors, condensers, and other electrical components. Further, it develops pipe covers, insulated copper tubes, and other products for use with air conditioners under the INABA DENKO brand; multimedia-compatible wiring systems for newly-built digital age residences under the ABANIACT brand; and provides LED status indicating lights, sound alarms, visual, and audible communication network system and solutions under the PATLITE brand. Inaba Denki Sangyo Co.,Ltd. was founded in 1938 and is headquartered in Osaka, Japan.

How the Company Makes Money

Inaba Denkisangyo generates revenue through multiple key streams, primarily from the sales of its food products, including canned fish, seafood, and pet food items. The company leverages its strong brand recognition and distribution network to reach a wide audience, both in Japan and overseas. Significant partnerships with retailers and wholesalers enhance its market penetration. Additionally, Inaba capitalizes on trends in health and wellness by offering products that cater to these consumer demands, which further contributes to its revenue growth. The company also engages in exports, tapping into international markets that seek high-quality Japanese food products, thus broadening its revenue base.

Inaba Denkisangyo Co., Ltd. Financial Statement Overview

Summary

Inaba Denkisangyo Co., Ltd. demonstrates strong financial performance with consistent revenue growth, robust profit margins, and effective cost management. The balance sheet is solid with low debt and strong equity, while cash flows are healthy, ensuring liquidity and financial flexibility.

Income Statement

Inaba Denkisangyo Co., Ltd. demonstrates strong financial performance with consistent revenue growth, highlighted by a 11.2% increase in total revenue from 2024 to 2025. Gross profit margin and net profit margin are robust, reflecting efficient cost management and profitability. The EBIT and EBITDA margins are stable, indicating effective operational control. Overall, the company shows a healthy upward trajectory in revenue and profitability.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio, signaling prudent financial leverage. Return on equity is strong, reflecting effective use of shareholder capital. The equity ratio supports a stable financial position, with a significant portion of assets funded by equity. The company's balance sheet stability is reinforced by substantial cash reserves.

Cash Flow

Cash flow analysis reveals robust free cash flow growth, driven by increased operating cash flow. The company maintains a healthy operating cash flow to net income ratio, illustrating strong cash generation relative to reported profits. Free cash flow to net income ratio is favorable, ensuring liquidity and financial flexibility. However, fluctuations in capital expenditures warrant monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	389.40B	384.01B	345.37B	316.95B	289.07B	277.37B
Gross Profit	66.40B	65.09B	57.05B	52.32B	48.16B	43.40B
EBITDA	28.16B	28.39B	24.93B	22.93B	19.34B	18.16B
Net Income	19.23B	18.78B	15.62B	15.43B	12.27B	11.32B
Balance Sheet
Total Assets	272.35B	278.98B	262.76B	245.65B	235.42B	219.50B
Cash, Cash Equivalents and Short-Term Investments	84.03B	77.06B	69.50B	67.88B	77.57B	75.02B
Total Debt	6.13B	232.00M	413.00M	382.00M	343.00M	344.00M
Total Liabilities	97.39B	105.96B	100.59B	94.42B	94.17B	83.81B
Stockholders Equity	174.96B	173.02B	162.17B	151.23B	141.25B	135.69B
Cash Flow
Free Cash Flow	0.00	22.21B	13.14B	907.00M	9.40B	10.77B
Operating Cash Flow	0.00	23.28B	15.10B	2.70B	11.05B	14.07B
Investing Cash Flow	0.00	-10.46B	-577.00M	-15.45B	-5.27B	-2.15B
Financing Cash Flow	0.00	-8.37B	-7.04B	-6.04B	-6.27B	-5.75B

Inaba Denkisangyo Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2583.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9934, the sentiment is Neutral. The current price of 2583.5 is below the 20-day moving average (MA) of 2626.13, above the 50-day MA of 2546.32, and above the 200-day MA of 2144.06, indicating a neutral trend. The MACD of 22.38 indicates Positive momentum. The RSI at 45.50 is Neutral, neither overbought nor oversold. The STOCH value of 22.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9934.

Inaba Denkisangyo Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6674	79 Outperform	$359.79B	11.43	8.89%	2.12%	3.05%	-16.11%
9934	77 Outperform	¥291.23B	13.27	―	2.97%	8.25%	26.01%
6516	75 Outperform	¥157.35B	20.00	―	1.53%	3.37%	21.35%
5805	72 Outperform	¥344.34B	22.57	18.26%	1.64%	7.08%	65.71%
7931	69 Neutral	¥57.52B	11.51	―	4.44%	2.08%	-11.16%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
6905	59 Neutral	¥47.84B	-120.09	―	5.01%	-32.74%	-117.06%

Inaba Denkisangyo Co., Ltd. Corporate Events

Inaba Denki Sangyo Reports Ongoing Progress in Share Buyback Program After Share Split

Inaba Denki Sangyo has disclosed the progress of its ongoing share buyback program, carried out under provisions of the Companies Act and based on a board resolution from October 31, 2025. During the period from December 1 to December 31, 2025, the company repurchased 377,400 of its own shares for a total of ¥938.3 million as part of a broader plan—adjusted for a two-for-one share split effective December 1, 2025—to acquire up to 2.1 million shares for a maximum of ¥4.4 billion via market purchases. Cumulatively, as of December 31, 2025, the company had bought back 1,494,900 shares at a cost of approximately ¥3.55 billion, signaling continued capital return to shareholders and active balance sheet management that may support earnings per share and share price in the medium term.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen2844.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.

Inaba Denki Sangyo Reports Progress in Share Acquisition Program

Inaba Denki Sangyo Co., Ltd. announced the status of its ongoing share acquisition program, which began on November 4, 2025. As of November 30, 2025, the company has acquired 558,750 shares at a cost of ¥2,608,191,350, with a maximum target of 1,050,000 shares by April 2026. This initiative is part of a broader strategy following a recent share split, aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen2844.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.

Inaba Denki Sangyo Co., Ltd. Reports FY2025 2Q Financial Results and Shareholder Initiatives

Inaba Denki Sangyo Co., Ltd. reported its financial results for the second quarter of the fiscal year ending March 31, 2026, highlighting its strategic focus on medium-term management plans and earnings forecasts. The company also announced shareholder return initiatives, including a share split and the acquisition of own shares, aimed at enhancing shareholder value.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen4885.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.

Inaba Denki Sangyo Announces Share Buyback Plan

Inaba Denki Sangyo Co., Ltd. has announced a resolution to acquire up to 1,050,000 of its own shares, representing 1.9% of its total issued shares, as part of a shareholder return policy aimed at maintaining a medium-term total payout ratio of about 60%. This move is intended to enhance shareholder value by aligning management with capital cost and stock price considerations, with the acquisition set to occur between November 2025 and April 2026, and will be adjusted following a planned share split in December 2025.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen4737.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.

Inaba Denki Sangyo Announces Share Split and Dividend Forecast Revision

Inaba Denki Sangyo Co., Ltd. has announced a share split, a partial amendment to its Articles of Incorporation, and a revision to its dividend forecast. The share split aims to improve share liquidity and expand the shareholder base by reducing investment units. The amendment to the Articles of Incorporation reflects the increased number of authorized shares, while the dividend forecast revision aligns with the share split, although no substantive changes are made.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen4737.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.

Inaba Denki Sangyo Reports Strong Financial Growth and Announces Stock Split

Inaba Denki Sangyo Co., Ltd. reported a significant increase in its financial performance for the six months ended September 30, 2025, with net sales rising by 7% and profit attributable to owners of the parent increasing by 25.9% compared to the previous year. The company also announced a two-for-one stock split effective December 1, 2025, which will impact dividend calculations and earnings per share, indicating a strategic move to enhance shareholder value.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen4737.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.