Hachi-Ban Co., Ltd. (9950) AI Stock Analysis

• Market Cap: ¥10.23B
• Dividend Yield: 0.57%
• Average Volume (3M): 1.60K
• Price to Earnings (P/E): 56.2
• Beta (1Y): 0.07
• Revenue Growth: 5.28%
• EPS Growth: 30.59%
• Country: JP
• Employees: 156
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 32.51
• Shares Outstanding: 3,068,111
• 10 Day Avg. Volume: 2,310
• 30 Day Avg. Volume: 1,596
• 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: ¥3,667.00
• Price Target Upside: 4.18% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ¥3,667.00 ▲(4.18% Upside)

Hachi-Ban Co., Ltd. is on a positive financial trajectory with strong revenue growth and a stable balance sheet. However, high valuation metrics and moderate technicals limit the stock's appeal. Investors should be cautious of the high P/E ratio and monitor cash flow developments.

Hachi-Ban Co., Ltd. Business Overview & Revenue Model

Company Description

Hachi-Ban Co., Ltd. (9950) is a Japan-based company primarily engaged in the operation of restaurant chains. The company specializes in serving ramen, a popular Japanese noodle dish. Hachi-Ban Co., Ltd. operates a network of restaurants both domestically and internationally, offering a variety of ramen and side dishes to its customers. In addition to its restaurant operations, the company is involved in the production and sale of food products related to its restaurant offerings.

How the Company Makes Money

Hachi-Ban Co., Ltd. makes money through its restaurant operations by selling ramen and other food items directly to customers in its dining establishments. The company's revenue is primarily generated from the sales of meals and beverages in its restaurants. Additionally, Hachi-Ban Co., Ltd. earns income through the production and sale of packaged food products, such as ready-made ramen kits and related items, which are distributed through retail channels. The company may also generate revenue from franchising opportunities, allowing other operators to run Hachi-Ban branded restaurants in exchange for franchise fees. Key factors contributing to its earnings include the popularity of its menu offerings, the strategic location of its restaurants, and its ability to maintain consistent quality and service standards.

Hachi-Ban Co., Ltd. Financial Statement Overview

Summary

Hachi-Ban Co., Ltd. demonstrates a robust financial recovery with growing revenues and profitability. The balance sheet reflects a strong equity foundation and prudent debt management, while the cash flow statement highlights healthy operational cash generation despite recent capital expenditure challenges. The overall financial health is positive, with strengths in revenue growth and balance sheet stability but some concerns in free cash flow.

Income Statement

Hachi-Ban Co., Ltd. has shown consistent revenue growth, increasing from ¥5.91 billion in 2022 to ¥8.23 billion in 2025. Gross profit margin has been stable around 44%, indicating effective cost management in producing its goods. The net profit margin improved significantly from a loss in 2022 to 2.87% in 2025, reflecting better control over expenses. EBIT and EBITDA margins have also improved over the years, illustrating enhanced operational efficiency.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.17 in 2025, suggesting strong leverage management. With an equity ratio of 66.2%, Hachi-Ban Co., Ltd. shows a solid capital structure. Return on Equity has improved from negative figures to 6.43% in 2025, driven by increased net income. The balance sheet indicates a sound financial position with considerable equity backing.

Cash Flow

The operating cash flow has been positive and growing, with a strong operating cash flow to net income ratio of 1.77 in 2025. However, free cash flow has fluctuated, turning negative in 2025 due to significant capital expenditures. The free cash flow to net income ratio is negative, indicating potential cash constraints if capital investments continue at the current pace.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.23B	8.23B	7.62B	7.11B	5.92B	5.80B
Gross Profit	3.65B	3.63B	3.52B	3.38B	2.65B	2.60B
EBITDA	625.67M	665.18M	401.68M	354.94M	59.58M	-508.93M
Net Income	236.17M	236.20M	160.53M	65.18M	-168.64M	-647.60M
Balance Sheet
Total Assets	5.55B	5.55B	5.76B	4.69B	5.09B	5.33B
Cash, Cash Equivalents and Short-Term Investments	1.01B	1.01B	1.58B	818.37M	1.32B	1.31B
Total Debt	620.56M	620.56M	877.77M	274.53M	884.62M	994.70M
Total Liabilities	1.88B	1.88B	2.38B	1.47B	1.93B	1.94B
Stockholders Equity	3.67B	3.67B	3.38B	3.22B	3.16B	3.39B
Cash Flow
Free Cash Flow	0.00	-244.95M	223.38M	153.10M	70.31M	-739.88M
Operating Cash Flow	0.00	418.60M	499.54M	385.13M	144.59M	-535.33M
Investing Cash Flow	0.00	-703.35M	-282.80M	-240.74M	39.98M	-152.58M
Financing Cash Flow	0.00	-317.49M	526.01M	-669.81M	-170.46M	935.23M

Hachi-Ban Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3520.00
• 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:9950, the sentiment is Positive. The current price of 3520 is above the 20-day moving average (MA) of 3494.25, above the 50-day MA of 3461.00, and above the 200-day MA of 3433.69, indicating a bullish trend. The MACD of 13.43 indicates Positive momentum. The RSI at 66.37 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9950.

Hachi-Ban Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7561	69 Neutral	9.96B	13.69	4.88%	4.02%	2.41%	-44.11%
9950	65 Neutral	¥10.23B	56.20		0.57%	5.28%	30.59%
3082	64 Neutral	10.01B	33.32	15.60%	0.82%	9.53%	10.76%
2764	62 Neutral	8.69B	5.27	25.97%	―	-29.74%	0.00%
2798	55 Neutral	9.60B	33.53	38.43%	―	7.34%	76.92%
7682	52 Neutral	8.55B	104.90	0.00%	0.38%	5.50%	-30.59%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%