Yamaya Corporation (9994) AI Stock Analysis

• Market Cap: €24.85B
• Dividend Yield: 2.74%
• Average Volume (3M): 19.17K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.28
• Revenue Growth: -0.85%
• EPS Growth: -9.49%
• Country: JP
• Employees: 1,765
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Alcoholic
• EPS (TTM): 42.91
• 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: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 70 Outperform
• Price Target: ¥2,636.00 ▲(12.99% Upside)

Yamaya Corporation's stock score is primarily driven by its strong financial performance and attractive valuation. However, the weak technical indicators suggest bearish momentum, which tempers the overall score.

Yamaya Corporation Business Overview & Revenue Model

Company Description

Yamaya Corporation (9994) is a prominent Japanese company primarily engaged in the wholesale distribution and retail of food products, with a particular emphasis on alcoholic beverages, including sake and other spirits. The company operates in the food and beverage sector, providing a diverse range of products that cater to both consumers and businesses. Yamaya is recognized for its extensive selection of sake and has established a strong market presence in Japan, while also engaging in international trade to broaden its reach.

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 exhibits a stable income statement with improved profitability and a strong balance sheet. The company has transitioned from a challenging financial period to achieving consistent positive margins. However, 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: 2333.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 2333 is below the 20-day moving average (MA) of 2357.82, below the 50-day MA of 2387.24, and below the 200-day MA of 2605.87, indicating a bearish trend. The MACD of -23.44 indicates Positive momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 32.02 is Neutral, 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	70 Outperform	€24.85B	7.55	10.14%	2.74%	-0.85%	-9.49%
2587	70 Outperform	$1.48T	16.80	7.45%	2.38%	1.56%	-3.00%
2531	70 Outperform	¥339.45B	22.34	―	1.79%	8.25%	-6.60%
2503	67 Neutral	$1.78T	32.91	4.64%	3.26%	5.26%	-60.98%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
2502	60 Neutral	$2.62T	14.94	6.47%	3.04%	0.86%	0.55%
2501	56 Neutral	¥598.80B	175.12	1.95%	0.67%	0.01%	-82.82%