Yamaya Corporation (9994) AI Stock Analysis

• Market Cap: ¥24.14B
• Dividend Yield: 2.9%
• Average Volume (3M): 19.17K
• Price to Earnings (P/E): 8.5
• Beta (1Y): 0.34
• Revenue Growth: -0.56%
• EPS Growth: -22.71%
• Country: JP
• Employees: 1,765
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Alcoholic
• EPS (TTM): 25.93
• Shares Outstanding: 10,847,870
• 10 Day Avg. Volume: 16,710
• 30 Day Avg. Volume: 19,173
• PEG Ratio: 11.41
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.19
• P/FCF Ratio: 31.38
• 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: 73 Outperform
• Price Target: ¥2,634.00 ▲(18.97% Upside)

Yamaya Corporation's overall stock score is driven by its solid financial performance and attractive valuation. The strong balance sheet and improved profitability are significant strengths. However, the flat revenue growth and mixed technical indicators present challenges. The low P/E ratio and appealing dividend yield enhance the stock's attractiveness.

Positive Factors

Strong Balance Sheet

A strong balance sheet with declining debt-to-equity ratio and high equity ratio indicates financial stability and lower risk, supporting long-term growth.

Improved Profit Margins

Improved profit margins reflect better cost management and operational efficiency, enhancing profitability and supporting sustainable growth.

Efficient Cash Generation

Efficient cash generation from operations ensures liquidity and the ability to fund future investments, crucial for long-term business sustainability.

Negative Factors

Flat Revenue Growth

Flat revenue growth indicates potential challenges in market expansion and product adoption, necessitating strategic initiatives to drive sales.

Volatile Free Cash Flow

Volatile free cash flow can limit the company's ability to invest in growth opportunities, affecting long-term strategic planning and financial flexibility.

EPS Decline

A decline in EPS growth suggests potential challenges in profitability and shareholder value, requiring management focus on improving earnings performance.

Yamaya Corporation Business Overview & Revenue Model

Company Description

Yamaya Corporation engages in the import, retail, and wholesale of alcoholic beverages and food products in Japan. The company is also involved in the mail order and restaurant businesses. As of March 31, 2020, it operated 1,288 stores. The company was founded in 1952 and is based in Sendai, Japan.

How the Company Makes Money

Yamaya Corporation generates revenue through multiple key streams, primarily from the wholesale distribution and retail sales of alcoholic beverages and food products. The company earns money by purchasing products from manufacturers and suppliers and selling them to retailers, restaurants, and directly to consumers. Significant revenue is derived from the sale of sake, which is a staple in its product lineup. Additionally, the company engages in partnerships with various producers to enhance its product offerings and secure exclusive distribution rights, thereby strengthening its market position. The retail segment also contributes to revenue, with direct sales through its stores and online platforms. Overall, Yamaya's business model capitalizes on the growing demand for specialty food and beverage products, while leveraging its established network and brand reputation.

Yamaya Corporation Financial Statement Overview

Summary

Yamaya Corporation demonstrates a stable financial performance with improved profitability and a strong balance sheet. The income statement shows consistent gross profit margins and improved net profit margins. The balance sheet is robust with a declining debt-to-equity ratio and strong equity ratio. However, the flat revenue growth and volatile free cash flow require strategic attention.

Income Statement

Yamaya Corporation exhibits a stable income statement with a consistent gross profit margin of around 29% over recent years. The net profit margin has improved significantly from negative figures in 2021 to 2.3% in 2025, indicating better cost management and profitability. Revenue growth is relatively flat with minor fluctuations, showing a need for strategic initiatives to boost sales. The EBIT and EBITDA margins reflect a positive trajectory, suggesting efficient operations.

Balance Sheet

The balance sheet of Yamaya Corporation is robust, highlighted by a declining debt-to-equity ratio, reaching approximately 0.19 in 2025, which indicates reduced leverage and financial risk. The equity ratio remains strong at around 52.7%, reflecting a solid capital structure. Return on equity has improved, showcasing enhanced profitability for shareholders. Cash reserves are healthy, contributing to financial stability.

Cash Flow

Cash flow analysis indicates positive operating cash flow, yet free cash flow is volatile, showing a significant decline from 4.36 billion in 2024 to 0.985 billion in 2025, potentially impacting future investments. The operating cash flow to net income ratio suggests efficient cash generation from operations, though the free cash flow to net income ratio highlights concerns regarding capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	159.21B	160.16B	160.34B	152.76B	143.42B	150.00B
Gross Profit	46.52B	46.84B	46.36B	41.33B	35.01B	38.97B
EBITDA	6.00B	6.59B	6.66B	3.84B	8.32B	-7.22B
Net Income	3.29B	3.64B	3.62B	1.93B	4.40B	-7.98B
Balance Sheet
Total Assets	63.61B	66.94B	62.42B	59.27B	60.98B	57.61B
Cash, Cash Equivalents and Short-Term Investments	12.78B	12.59B	13.54B	11.74B	13.79B	8.66B
Total Debt	6.85B	6.81B	8.09B	10.12B	13.45B	11.73B
Total Liabilities	25.96B	29.61B	28.88B	29.68B	31.89B	33.24B
Stockholders Equity	35.51B	35.26B	32.21B	28.85B	27.46B	23.72B
Cash Flow
Free Cash Flow	0.00	985.00M	4.36B	1.60B	2.91B	-2.03B
Operating Cash Flow	0.00	2.81B	5.45B	3.09B	4.44B	-500.00M
Investing Cash Flow	0.00	-1.78B	-904.00M	-1.14B	-494.00M	-953.00M
Financing Cash Flow	0.00	-1.98B	-2.75B	-3.99B	1.18B	4.40B

Yamaya Corporation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2214.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9994, the sentiment is Negative. The current price of 2214 is below the 20-day moving average (MA) of 2258.45, below the 50-day MA of 2239.62, and below the 200-day MA of 2422.65, indicating a bearish trend. The MACD of -4.85 indicates Positive momentum. The RSI at 43.36 is Neutral, neither overbought nor oversold. The STOCH value of 19.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9994.

Yamaya Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9994	73 Outperform	¥24.14B	8.50	10.14%	2.90%	-0.56%	-22.71%
2587	72 Outperform	¥1.51T	17.59	6.97%	2.42%	1.26%	-13.39%
2503	70 Outperform	¥1.94T	23.70	6.93%	3.05%	4.75%	-24.33%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2531	61 Neutral	¥311.34B	24.24	―	1.92%	5.66%	-25.08%
2502	60 Neutral	¥2.45T	13.96	6.47%	3.23%	0.86%	0.55%
2501	57 Neutral	¥644.25B	90.00	3.63%	0.67%	0.25%	-58.68%