Ministop Co., Ltd. (9946) AI Stock Analysis

• Market Cap: ¥58.31B
• Dividend Yield: 0.96%
• Average Volume (3M): 80.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: 13.17%
• EPS Growth: -348.48%
• Country: JP
• Employees: 1,443
• Sector: Consumer Cyclical
• Sector Strength: 66
• Industry: Department Stores
• EPS (TTM): -5.21
• Shares Outstanding: 29,372,774
• 10 Day Avg. Volume: 90,120
• 30 Day Avg. Volume: 80,563
• PEG Ratio: 0.05
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 53 Neutral
• Price Target: ¥2,047.00 ▲(1.84%Upside)

The overall stock score for Ministop Co., Ltd. reflects significant financial challenges, with declining revenues and profitability impacting the score heavily. While technical analysis suggests bullish momentum, overbought signals and weak valuation metrics contribute to a cautious outlook.

Ministop Co., Ltd. Business Overview & Revenue Model

Company Description

Ministop Co., Ltd. is a Japanese convenience store chain that operates under the retail sector. It offers a broad range of products, including food items, beverages, daily necessities, and various services. Ministop is known for its in-store fast food offerings, such as soft-serve ice cream, hot snacks, and meal sets, which differentiate it from typical convenience stores.

How the Company Makes Money

Ministop Co., Ltd. generates revenue primarily through the sale of goods in its convenience stores. The company leverages a franchise model, collecting franchise fees and a percentage of sales from franchisees. In addition to retail sales, Ministop earns income from its food service offerings, which attract customers seeking quick and affordable meal options. Partnerships with suppliers and product manufacturers also play a significant role in its earnings, allowing the company to offer a diverse array of products. The company's strategic locations and marketing efforts help drive foot traffic and sales, contributing to its overall revenue.

Ministop Co., Ltd. Financial Statement Overview

Summary

Ministop Co., Ltd. is facing financial challenges, with declining revenues and profitability issues, as evidenced by a low income statement score. The balance sheet is stable but lacks aggressive growth strategies, and cash flows are inconsistent and negative.

Income Statement

Ministop Co., Ltd. has experienced a significant decline in total revenue from 2022 to 2025, with a notable drop in gross profit margin. The net profit margin is negative, indicating the company is not profitable. The persistent negative EBIT and EBITDA margins suggest operational inefficiencies. Revenue growth has been negative over the past year, reflecting challenges in maintaining sales momentum.

Balance Sheet

The company's balance sheet shows a relatively stable equity ratio, with stockholders' equity covering a substantial portion of total assets. However, the debt-to-equity ratio is low, indicating limited leverage, which is a positive but may also suggest a lack of aggressive growth strategies. Return on equity is negative due to consistent net losses, pointing to profitability challenges.

Cash Flow

Ministop's cash flow statements show a fluctuating free cash flow, with a negative trend in recent years. The operating cash flow to net income ratio is erratic due to negative net income. Despite generating operating cash flow, the free cash flow remains negative, suggesting high capital expenditure relative to cash generation.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	87.47B	79.06B	81.29B	183.68B	180.19B
Gross Profit	37.68B	40.89B	40.41B	60.58B	59.72B
EBITDA	-4.30B	3.02B	2.45B	2.79B	5.29B
Net Income	-6.77B	-468.00M	12.83B	-3.87B	-6.46B
Balance Sheet
Total Assets	74.69B	77.90B	79.22B	117.26B	107.87B
Cash, Cash Equivalents and Short-Term Investments	23.90B	25.78B	6.43B	8.66B	15.28B
Total Debt	197.00M	184.00M	1.46B	14.57B	13.41B
Total Liabilities	41.90B	37.22B	38.61B	88.78B	75.44B
Stockholders Equity	32.51B	39.64B	40.61B	28.44B	32.28B
Cash Flow
Free Cash Flow	-1.09B	-4.00B	-4.15B	-8.18B	6.35B
Operating Cash Flow	1.94B	585.00M	-2.07B	-3.62B	11.35B
Investing Cash Flow	-492.00M	-7.78B	5.09B	22.09B	-2.44B
Financing Cash Flow	-806.00M	-795.00M	-1.57B	-4.86B	-4.73B

Ministop Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2010.00
• 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:9946, the sentiment is Positive. The current price of 2010 is above the 20-day moving average (MA) of 1954.20, above the 50-day MA of 1877.30, and above the 200-day MA of 1771.93, indicating a bullish trend. The MACD of 55.10 indicates Negative momentum. The RSI at 66.82 is Neutral, neither overbought nor oversold. The STOCH value of 55.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9946.

Ministop Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8278	68 Neutral	¥175.97B	36.16		1.49%	1.54%	-15.67%
7512	65 Neutral	¥124.88B	38.43		1.78%	7.54%	-47.00%
8273	65 Neutral	¥228.16B	18.94		2.85%	18.53%	-36.19%
2653	62 Neutral	¥105.06B	17.12		1.51%	4.66%	3.70%
Sector *	57 Neutral	HK$25.10B	4.09	-2.03%	5.85%	-0.24%	-68.05%
9946	53 Neutral	¥58.31B	―		0.96%	13.17%	-348.48%
8217	53 Neutral	¥37.71B	172.60		2.84%	1.48%	-346.93%

Ministop Co., Ltd. Corporate Events

Ministop Reports Increased Revenue Amidst Financial Challenges

Ministop Co., Ltd. reported its consolidated financial results for the three months ended May 31, 2025, showing a significant increase in gross operating revenue by 15.4% year-on-year, despite a net loss of ¥151 million. The company maintained its dividend forecast for the fiscal year ending February 28, 2026, indicating stability in shareholder returns. However, the capital adequacy ratio decreased from 43.5% to 36.5%, reflecting changes in the company’s financial position.

Ministop Co., Ltd. Reports Improved Revenues Amid Profitability Challenges

Ministop Co., Ltd. reported a significant improvement in its financial performance for the three months ending May 31, 2025, with gross operating revenues increasing by 15.4% compared to the previous year. Despite this growth, the company experienced a loss attributable to owners of the parent, highlighting ongoing challenges in achieving profitability. The financial results forecast for the fiscal year ending February 28, 2026, anticipates continued revenue growth, although the company remains cautious about its profit outlook.

Ministop Co., Ltd. Details Relationship with Parent Company Aeon Co., Ltd.

Ministop Co., Ltd. has announced details regarding its relationship with its parent company, Aeon Co., Ltd., which holds a 54.1% ownership stake. The company operates independently while collaborating with Aeon to address business challenges, aiming for sustainable growth and improved performance. The announcement highlights the strategic positioning within the Aeon group, which boasts over 10 trillion yen in annual sales, and the appointment of directors and auditors to strengthen management and audit frameworks.

Ministop Issues 19th Share Acquisition Rights to Align Director Compensation

Ministop Co., Ltd. announced the issuance of its 19th share acquisition rights, aimed at aligning director compensation with the company’s performance and stock value. This initiative is designed to motivate directors by linking their compensation to the company’s long-term success and shareholder value, thereby enhancing corporate performance and value.

Ministop Reports Fiscal Year 2025 Results with Revenue Growth Amid Operating Losses

Ministop Co., Ltd. reported its consolidated financial results for the fiscal year ending February 28, 2025, showing an increase in gross operating revenues by 10.7% to ¥87,475 million. However, the company faced challenges with a significant operating loss of ¥3,486 million and a net loss attributable to owners of ¥6,774 million. Despite these losses, the company maintains a stable dividend payout and forecasts a positive outlook for the next fiscal year with expected revenue growth and a return to profitability.