Misumi Group (9962) AI Stock Analysis

• Market Cap: ¥590.43B
• Dividend Yield: 1.91%
• Average Volume (3M): 1.00M
• Price to Earnings (P/E): 16.5
• Beta (1Y): 0.85
• Revenue Growth: 6.50%
• EPS Growth: 12.61%
• Country: JP
• Employees: 11,039
• Sector: Industrials
• Sector Strength: 93
• Industry: Manufacturing - Tools & Accessories
• EPS (TTM): 26.28
• Shares Outstanding: 285,088,680
• 10 Day Avg. Volume: 1,178,450
• 30 Day Avg. Volume: 1,000,730
• PEG Ratio: 1.86
• Price to Book (P/B): 1.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.64
• 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: ¥2,250.44
• Price Target Upside: 6.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 78 Outperform
• Price Target: ¥2,269.00 ▲(7.21%Upside)

Misumi Group's strong financial performance is the primary driver of its stock score, reflecting robust revenue growth and financial stability. The technical analysis provides a mixed outlook, indicating cautious optimism. The valuation is fair and balanced, contributing positively to the overall assessment.

Misumi Group Business Overview & Revenue Model

Company Description

MISUMI Group Inc. engages in the factory automation and die components businesses worldwide. The company operates through three segments: FA Business, Die Components Business, and VONA Business. It offers mechanical components, including shafts, timing pulleys, linear bushings, and flat belt conveyors; and locator devices and measurement equipment, such as automatic stage units, actuators, optical measurement devices, and optical waveguide alignment products. The company also provides s metal press/plastic mold components comprising punches, button dies, guide pins, gas springs, ejector pins, sprue bushings, parting lock sets, and taper pins. In addition, it distributes sensors and switches, couplings, screws, bolts, nuts, castors, connectors, switches, cables, transformers, end mills, hexagonal wrenches, milling chips, calipers, carts, work gloves, parts cleaners, and laboratory equipment and supplies. MISUMI Group Inc. was incorporated in 1963 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Misumi Group makes money primarily through the sale of its extensive range of industrial components and equipment. The company's revenue model is centered around its vast catalog of over 20 million products, which are distributed through both direct sales and its robust e-commerce platform. Key revenue streams include sales from automation components, press die components, and plastic mold components, which are supported by a just-in-time delivery system that enhances customer efficiency and reduces inventory costs. Misumi's ability to offer both standardized and customizable components allows it to cater to a wide array of manufacturing needs, further strengthening its market position. The company also benefits from strategic partnerships and long-term relationships with suppliers and customers, contributing to stable and recurring revenue streams.

Misumi Group Financial Statement Overview

Summary

Misumi Group exhibits strong financial health with robust revenue growth, profitability, and cash flow performance. Despite a slight decline in EBIT margin, the company's minimal leverage and strong equity financing enhance its financial stability.

Income Statement

Misumi Group has demonstrated strong revenue growth with a notable increase of 9.35% in the latest year. Gross profit and net profit margins have been consistently healthy, with the latest figures at 46.53% and 9.09% respectively, indicating robust profitability. The EBIT margin of 11.56% and EBITDA margin of 16.36% further highlight operational efficiency. However, the EBIT margin has seen a slight decline over time, suggesting potential operational cost pressures.

Balance Sheet

The balance sheet of Misumi Group is solid, with a low debt-to-equity ratio of 0.02, indicating minimal leverage and financial risk. The equity ratio stands strong at 83.64%, showcasing a high proportion of financing from equity. Return on equity is impressive at 10.42%, reflecting efficient utilization of shareholders' funds. The company's substantial cash reserves further enhance financial stability.

Cash Flow

Cash flow performance is excellent, with a strong free cash flow growth rate of 23.02% in the most recent period. The operating cash flow to net income ratio of 1.65 indicates effective cash generation from operations. The free cash flow to net income ratio of 1.23 is also favorable, highlighting the company's ability to generate cash relative to its net income.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	401.99B	367.65B	373.15B	366.16B	310.72B
Gross Profit	186.99B	167.38B	171.08B	166.86B	134.88B
EBITDA	65.79B	56.93B	63.20B	67.55B	42.16B
Net Income	36.55B	28.15B	34.28B	37.56B	17.14B
Balance Sheet
Total Assets	419.57B	413.52B	378.46B	347.39B	288.92B
Cash, Cash Equivalents and Short-Term Investments	159.30B	148.85B	119.56B	108.89B	72.43B
Total Debt	7.54B	6.82B	7.68B	7.18B	4.08B
Total Liabilities	67.51B	65.84B	64.24B	67.43B	55.35B
Stockholders Equity	350.95B	346.60B	313.27B	279.16B	232.93B
Cash Flow
Free Cash Flow	45.03B	36.59B	17.82B	38.88B	22.48B
Operating Cash Flow	60.46B	54.57B	31.45B	55.39B	36.49B
Investing Cash Flow	-32.45B	-19.00B	-19.03B	-22.76B	-7.07B
Financing Cash Flow	-31.76B	-18.97B	-11.17B	-9.61B	-5.53B

Misumi Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2116.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9962, the sentiment is Positive. The current price of 2116.5 is above the 20-day moving average (MA) of 1968.28, above the 50-day MA of 1941.35, and below the 200-day MA of 2279.14, indicating a neutral trend. The MACD of 41.58 indicates Negative momentum. The RSI at 67.94 is Neutral, neither overbought nor oversold. The STOCH value of 84.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9962.

Misumi Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9962	78 Outperform	¥590.43B	16.54	9.93%	1.91%	6.50%	12.61%
Sector *	71 Outperform	¥269.20B	13.89	8.47%	2.88%	6.35%	13.11%
OSGCF	―	$1.24B	13.29	7.41%	0.23%	―	―
8UM	―	€447.68M	15.77	2.79%	3.34%	―	―
6101	79 Outperform	¥92.19B	8.51		2.88%	27.98%	104.10%
6278	69 Neutral	¥101.93B	17.96		1.69%	28.68%	71.70%
6480	65 Neutral	¥42.15B	41.92		3.15%	-1.21%	-62.52%

Misumi Group Corporate Events

MISUMI Group to Adopt IFRS for Enhanced Global Financial Transparency

MISUMI Group Inc. has announced its decision to voluntarily adopt International Financial Reporting Standards (IFRS) instead of Japanese Generally Accepted Accounting Principles (J-GAAP) for its consolidated financial statements starting from the fourth quarter of the fiscal year ending March 31, 2028. This strategic move is aimed at improving the comparability of its financial information in international capital markets, potentially enhancing its appeal to global investors.

The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

MISUMI Group Announces Treasury Stock Repurchase Plan

MISUMI Group Inc. announced a resolution to repurchase up to 17 million shares of its treasury stock, valued at 25 billion yen, as part of its strategy to enhance shareholder returns and improve capital efficiency. This move reflects the company’s commitment to balancing growth investments and shareholder profits, leveraging surplus funds for flexible capital management.

The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

Misumi Group Revises Business Forecast and Dividends Amid Market Challenges

Misumi Group Inc. announced revisions to its consolidated business forecast and annual dividends for the fiscal year ending March 2026. The company adjusted its sales forecast upwards but lowered its operating and net income expectations due to cautious capital investment demand in the automotive industry and the impact of US tariffs. The revisions also incorporate the results of Fictiv Inc., a newly acquired subsidiary, and consider current demand and exchange rate trends.

The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

Misumi Group Reports Decline in Q1 2025 Financial Performance

Misumi Group Inc. reported a slight decline in its financial performance for the three months ended June 30, 2025, with net sales decreasing by 0.2% and significant drops in operating and ordinary income. The company has revised its financial forecasts for the fiscal year ending March 31, 2026, anticipating a modest increase in net sales but declines in income metrics. This reflects challenges in maintaining profitability amidst market conditions, impacting stakeholder expectations and strategic planning.

The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

MISUMI Group Completes Treasury Stock Disposal for Compensation Plan

MISUMI Group Inc., a company involved in the disposal of treasury stock, has completed the payment procedures for its restricted stock compensation plan. This disposal involved 216,700 shares of ordinary stock at a price of 1,902.0 yen per share, totaling 412,163,400 yen, and was allocated to six directors of the company. This action, decided at a board meeting, reflects the company’s strategic financial management and compensation structuring.

The most recent analyst rating on (JP:9962) stock is a Buy with a Yen2900.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

Misumi Group Implements Restricted Stock Compensation Plan

Misumi Group Inc. announced the disposal of 216,700 shares of its treasury stock as part of a Restricted Stock Compensation Plan for its directors. This plan aims to align directors’ interests with long-term company performance and shareholder value, with restrictions on stock transfer until the end of their service. The initiative reflects Misumi’s commitment to enhancing corporate value and performance over the medium to long term.

The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

Misumi Group Completes Acquisition of Fictiv Inc.

Misumi Group Inc. has completed the acquisition of Fictiv Inc., a company known for its on-demand procurement services for custom mechanical components. This strategic acquisition, finalized on June 17, 2025, is expected to strengthen Misumi’s position in the industry, although the full impact on the company’s financial performance is still under review.

The most recent analyst rating on (JP:9962) stock is a Hold with a Yen2500.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.