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

• Market Cap: ¥9.87B
• Dividend Yield: 0.59%
• Average Volume (3M): 1.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.04
• Revenue Growth: 3.51%
• EPS Growth: -47.40%
• Country: JP
• Employees: 156
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): -5.31
• Shares Outstanding: 3,068,111
• 10 Day Avg. Volume: 1,390
• 30 Day Avg. Volume: 1,173
• PEG Ratio: 0.90
• Price to Book (P/B): 2.70
• Price to Sales (P/S): 1.20
• P/FCF Ratio: -40.49
• 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: 56 Neutral
• Price Target: ¥3,514.00 ▲(3.05% Upside)
• Action: Reiterated Date: 10/30/25
• Date: Action: Reiterated 10/30/25

Hachi-Ban Co., Ltd. shows strong financial performance with revenue growth and a solid balance sheet, which are the most significant factors contributing to the score. However, technical indicators suggest neutral to bearish momentum, and the high P/E ratio indicates potential overvaluation, which negatively impacts the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for Hachi-Ban's offerings, suggesting effective market positioning and potential for continued expansion.

Balance Sheet Health

A low debt-to-equity ratio reflects prudent financial management, providing stability and flexibility for future investments or downturns.

Profitability Improvement

Improved profitability margins indicate better cost control and operational efficiency, enhancing the company's ability to generate sustainable profits.

Negative Factors

Free Cash Flow Constraints

Negative free cash flow suggests potential liquidity issues if capital expenditures remain high, possibly limiting future growth investments.

Capital Expenditure Challenges

High capital expenditures can strain cash resources, potentially impacting the company's ability to fund other strategic initiatives or respond to market changes.

Limited Earnings Call Data

Lack of earnings call data limits transparency and investor insight into management's strategic direction and operational challenges, potentially affecting investor confidence.

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

Company Description

Hachi-Ban Co., Ltd. engages in the restaurant management business in Japan and internationally. The company also produces and sells food products, soups, and extracts; wholesales food for commercial use; and sells, imports, and exports food, seasonings, and ingredients. In addition, it is involved in the restaurant franchise and property letting business. Hachi-Ban Co., Ltd. was incorporated in 1967 and is headquartered in Kanazawa, Japan.

How the Company Makes Money

Hachi-Ban Co., Ltd. generates revenue primarily through the sale of its ready-to-eat meals and convenience foods across its retail outlets. The company's revenue model is based on direct sales to consumers, with a focus on high traffic locations to maximize visibility and sales volume. Key revenue streams include in-store sales, online orders, and potentially catering services for events. Additionally, Hachi-Ban may engage in partnerships with grocery stores and food delivery services to expand its market reach and increase sales. Factors contributing to its earnings include brand loyalty, product quality, and the growing trend of convenience dining in urban areas.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.23B	8.23B	7.62B	7.11B	5.92B	5.80B
Gross Profit	3.58B	3.63B	3.42B	3.28B	2.53B	2.45B
EBITDA	429.39M	486.06M	429.61M	382.67M	-128.21M	-389.10M
Net Income	182.83M	236.20M	160.53M	65.18M	-168.64M	-647.60M
Balance Sheet
Total Assets	5.67B	5.66B	5.85B	4.77B	5.16B	5.40B
Cash, Cash Equivalents and Short-Term Investments	796.87M	1.01B	1.58B	818.37M	1.32B	1.31B
Total Debt	561.10M	620.56M	877.77M	274.53M	884.62M	994.70M
Total Liabilities	1.95B	1.99B	2.47B	1.55B	2.00B	2.01B
Stockholders Equity	3.72B	3.67B	3.38B	3.22B	3.16B	3.39B
Cash Flow
Free Cash Flow	0.00	-244.95M	265.33M	165.60M	96.54M	-724.11M
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: Negative
• Last Price: 3410.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9950, the sentiment is Negative. The current price of 3410 is below the 20-day moving average (MA) of 3465.04, below the 50-day MA of 3467.58, and below the 200-day MA of 3426.27, indicating a bearish trend. The MACD of -16.75 indicates Positive momentum. The RSI at 26.00 is Positive, neither overbought nor oversold. The STOCH value of 5.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
2764	65 Neutral	¥10.51B	4.48	―	―	-26.12%	-110.09%
3082	64 Neutral	¥10.35B	22.98	―	0.78%	10.30%	1.56%
2798	62 Neutral	¥9.61B	78.74	―	―	7.88%	164.80%
3063	62 Neutral	¥9.51B	-224.06	―	0.51%	17.38%	-86.95%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
9950	56 Neutral	¥9.87B	-161.13	―	0.59%	3.51%	-47.40%
3053	48 Neutral	¥10.75B	36.57	―	―	1.54%	-18.59%