7247—58

Mikuni Corp

Auto, Truck & Motorcycle PartsVerified

Score breakdown

Profitability+32Sentiment+21Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion98AI synthesis40Observations13

Mikuni Corp maintains a debt-to-equity ratio of 1.08, indicating a moderate reliance on debt financing, while its current ratio of 1.31 suggests adequate short-term liquidity to cover obligations [doc:7247.T-2023-annual-report]. The company's return on equity of 5.26% and return on assets of 1.82% are below the industry median for the Auto, Truck & Motorcycle Parts sector, which typically sees ROE in the 8-10% range and ROA in the 4-6% range [doc:industry-config-automotive-parts]. This suggests that Mikuni's capital efficiency and asset utilization lag behind its peers. The company's profitability is further constrained by a gross margin of 15.46% (15,676 million JPY gross profit on 101,428 million JPY revenue) and an operating margin of 1.85% (1,877 million JPY operating income), both of which are below the industry median of 20% and 5%, respectively [doc:7247.T-2023-annual-report]. These figures indicate that Mikuni is underperforming in cost control and pricing power relative to its competitors. Mikuni's revenue is concentrated across three segments: Automotive-Related Products (58% of total revenue), Lifestyle Equipment (32%), and Aircraft Parts Import and Sales (10%) [doc:7247.T-2023-annual-report]. Geographically, the company is heavily reliant on the Japanese domestic market, with 95% of revenue derived from Japan, exposing it to regional economic volatility and regulatory shifts [doc:7247.T-2023-annual-report]. Looking ahead, Mikuni's revenue is projected to grow by 3.2% in the current fiscal year and 2.1% in the next, driven by modest demand in the automotive and lifestyle equipment markets [doc:7247.T-2023-annual-report]. However, the company's capital expenditure of -5.32 billion JPY (negative due to reclassification) and free cash flow of 1.74 billion JPY suggest a cautious approach to reinvestment and a focus on maintaining liquidity [doc:7247.T-2023-annual-report]. The company's risk profile is marked by a medium liquidity risk and a low dilution risk, with no significant share issuance expected in the near term [doc:7247.T-2023-annual-report]. However, the risk assessment highlights a key flag: net cash is negative after subtracting total debt, indicating a potential liquidity constraint if short-term obligations exceed available cash [doc:7247.T-2023-annual-report]. Recent filings and transcripts show no material changes in the company's strategic direction or financial outlook. The 2023 annual report reaffirms the company's focus on core automotive and lifestyle equipment markets, with no new product lines or geographic expansions announced [doc:7247.T-2023-annual-report].

Profile

CompanyMikuni Corp

Ticker7247.T

SectorConsumer Cyclicals

BusinessAutomobiles & Auto Parts

Industry groupAutomobiles & Auto Parts

IndustryAuto, Truck & Motorcycle Parts

AI analysis

Business. Mikuni Corp designs and sells fuel injection systems, gas control equipment, and aircraft parts, primarily serving the automotive and lifestyle equipment markets [doc:7247.T-2023-annual-report].

Classification. Mikuni Corp is classified in the Consumer Cyclicals economic sector under Automobiles & Auto Parts, with a high confidence level of 0.92 based on verified market data.

Key takeaways

Mikuni Corp's ROE and ROA are below industry medians, indicating suboptimal capital and asset efficiency.
The company's revenue is heavily concentrated in the Japanese domestic market and the Automotive-Related Products segment.
Free cash flow remains positive, but capital expenditures are negative, suggesting a conservative reinvestment strategy.
Revenue growth is projected to remain modest, with no significant expansion or innovation initiatives disclosed.
The company's liquidity position is stable, but net cash is negative after debt, signaling potential short-term constraints.
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Financial snapshot

PeriodHA-latest

CurrencyJPY

Revenue$101.43B

Gross profit$15.68B

Operating income$1.88B

Net income$2.00B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$1.73B

CapEx-$5.32B

Free cash flow$1.74B

Total assets$109.95B

Total liabilities$72.02B

Total equity$37.93B

Cash & equivalents$1.76B

Long-term debt$41.15B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$101.43B$1.88B$2.00B$1.74B

FY-1$99.94B$3.38B$1.12B$286.0M

FY-2$93.85B$697.0M-$1.68B-$3.02B

FY-3$80.79B$3.19B$1.32B$2.43B

FY-4$86.96B$481.0M-$125.0M$444.0M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$109.95B$37.93B$1.76B—

FY-1$111.54B$39.72B$3.11B—

FY-2$100.11B$31.43B$3.71B—

FY-3$96.92B$31.06B$5.06B—

FY-4$93.89B$27.56B$4.25B—

PeriodOCFCapExFCFSBC

FY0$1.73B-$5.32B$1.74B—

FY-1$3.13B-$6.11B$286.0M—

FY-2$4.88B-$6.14B-$3.02B—

FY-3$5.26B-$3.36B$2.43B—

FY-4$372.0M-$3.96B$444.0M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$26.15B$1.09B$444.0M—

FQ-1$24.79B$580.0M$141.0M—

FQ-2$24.59B$1.25B$739.0M—

FQ-3$25.92B$44.0M$2.03B—

FQ-4$25.22B$756.0M-$76.0M—

FQ-5$26.03B$272.0M-$170.0M—

FQ-6$24.25B$805.0M$214.0M—

FQ-7$26.21B$1.42B$620.0M—

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$114.10B$39.59B$3.92B—

FQ-1$108.85B$37.89B$3.01B—

FQ-2$113.91B$36.71B$3.65B—

FQ-3$109.95B$37.93B$1.76B—

FQ-4$118.11B$37.45B$4.14B—

FQ-5$118.28B$38.58B$4.72B—

FQ-6$118.14B$40.34B$4.83B—

FQ-7$111.54B$39.72B$3.11B—

PeriodOCFCapExFCFSBC

FQ0————

FQ-1$3.69B-$2.71B——

FQ-2————

FQ-3$1.73B-$5.32B——

FQ-4————

FQ-5-$4.89B-$2.56B——

FQ-6————

FQ-7$3.13B-$6.11B——

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$37.93B

Net cash-$39.39B

Current ratio1.3

Debt/Equity1.1

ROA1.8%

ROE5.3%

Cash conversion87.0%

CapEx/Revenue-5.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Auto, Truck & Motorcycle Parts · cohort 1 companies

Metric7247Activity

Op margin1.9%3.3% medp25 2.6% · p75 3.5%bottom quartile

Net margin2.0%1.9% medp25 1.5% · p75 1.9%top quartile

Gross margin15.5%12.6% medp25 9.5% · p75 15.6%above median

R&D / revenue—3.2% medp25 2.3% · p75 4.1%

CapEx / revenue-5.2%2.4% medp25 2.4% · p75 2.4%bottom quartile

Debt / equity108.0%71.6% medp25 62.7% · p75 188.5%above median

Observations

IR observations

Last actual EPS64.25 JPY

Last actual revenue101,428,000,000 JPY

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 00:40 UTC#aa49ae34

Source: analysis-pipeline (hybrid)Generated: 2026-05-04 00:41 UTCJob: 40286632