Mikuni Corp

Mikuni Corp maintains a debt-to-equity ratio of 1.0, indicating a balanced capital structure where liabilities and equity are equal. The company's liquidity position is characterized as medium, with a current ratio of 1.32, suggesting it can cover its short-term obligations but with limited buffer. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

In terms of profitability, Mikuni Corp's return on equity (ROE) is 1.56%, and its return on assets (ROA) is 0.56%, both of which are below the industry median for the Auto, Truck & Motorcycle Parts sector. This suggests the company is underperforming in generating returns relative to its equity and asset base.

The company's revenue is concentrated in the automotive parts segment, with no disclosed geographic diversification in the provided data. This concentration may expose the company to sector-specific risks, such as fluctuations in automotive demand or supply chain disruptions.

Mikuni Corp's growth trajectory appears modest, with no specific numeric deltas provided for the current or next fiscal year. The company's operating cash flow of 3.13 billion JPY and capital expenditure of -6.11 billion JPY indicate a net outflow from investing activities, which may suggest reinvestment in the business or expansion.

The company's risk profile is marked by a medium liquidity risk and low dilution potential. The negative net cash position after debt is a key flag, and the absence of significant dilution sources suggests the company is not currently issuing shares at a high rate.

Recent events, such as analyst estimates for the last actual EPS of 64.25 JPY and revenue of 101.43 billion JPY, indicate that the company's performance is in line with analyst expectations. However, no recent filings or transcripts are provided to assess management commentary or strategic direction.

Net income surged 78.9% year-over-year to 1.997 billion JPY in fiscal 2025, demonstrating strong bottom-line recovery.

Operating margin of 5.42% exceeds the 4.43% median for the Auto, Truck & Motorcycle Parts cohort of 473 peers.

Free cash flow improved by 509.1% year-over-year to 1.742 billion JPY, indicating significant cash generation recovery.

Cash conversion ratio of 5.05 is best-in-class compared to the 1.37 median among 465 cohort peers.

Revenue grew 3.9% annually over four years, reaching 101.4 billion JPY in fiscal 2025, showing consistent top-line expansion.

Debt-to-equity ratio of 1.0 places the company in the bottom quartile compared to the 0.41 cohort median.

The company faces high credit risk according to internal risk flags, suggesting potential solvency or repayment concerns.

Revenue ¥26.15B, +3,7% YoY; Operating income +43,6% YoY.

• ▍Revenue ¥26.15B, +3,7% YoY
• ▍Operating income +43,6% YoY
• ▍Net income +684,2% YoY
• ▍Net margin 1.7%

Revenue ¥24.79B, −4,8% YoY; Operating income +113,2% YoY.

• ▍Revenue ¥24.79B, −4,8% YoY
• ▍Operating income +113,2% YoY
• ▍Net income +182,9% YoY
• ▍Net margin 0.6%

Revenue ¥24.59B, +1,4% YoY; Operating income +55,4% YoY.

• ▍Revenue ¥24.59B, +1,4% YoY
• ▍Operating income +55,4% YoY
• ▍Net income +245,3% YoY
• ▍Net margin 3.0%

Revenue ¥25.92B, −1,1% YoY; Operating income −96,9% YoY.

• ▍Revenue ¥25.92B, −1,1% YoY
• ▍Operating income −96,9% YoY
• ▍Net income +227,3% YoY
• ▍Net margin 7.8%

Revenue ¥25.22B; Operating income ¥756.0M.

• ▍Revenue ¥25.22B
• ▍Operating income ¥756.0M
• ▍Net margin -0.3%

Revenue ¥26.03B; Operating income ¥272.0M.

• ▍Revenue ¥26.03B
• ▍Operating income ¥272.0M
• ▍Net margin -0.7%

Revenue ¥24.25B; Operating income ¥805.0M.

• ▍Revenue ¥24.25B
• ▍Operating income ¥805.0M
• ▍Net margin 0.9%

Revenue ¥26.21B; Operating income ¥1.42B.

• ▍Revenue ¥26.21B
• ▍Operating income ¥1.42B
• ▍Net margin 2.4%

Revenue ¥101.43B, +1,5% YoY; Operating income −44,5% YoY.

• ▍Revenue ¥101.43B, +1,5% YoY
• ▍Operating income −44,5% YoY
• ▍Net income +78,9% YoY
• ▍Free cash flow +509,1% YoY
• ▍Net margin 2.0%

Revenue ¥99.94B, +6,5% YoY; Operating income +385,5% YoY.

• ▍Revenue ¥99.94B, +6,5% YoY
• ▍Operating income +385,5% YoY
• ▍Net income +166,3% YoY
• ▍Free cash flow +109,5% YoY
• ▍Net margin 1.1%

Revenue ¥93.85B, +16,2% YoY; Operating income −78,1% YoY.

• ▍Revenue ¥93.85B, +16,2% YoY
• ▍Operating income −78,1% YoY
• ▍Net income −227,5% YoY
• ▍Free cash flow −224,0% YoY
• ▍Net margin -1.8%

Revenue ¥80.79B, −7,1% YoY; Operating income +562,2% YoY.

• ▍Revenue ¥80.79B, −7,1% YoY
• ▍Operating income +562,2% YoY
• ▍Net income +1 155,2% YoY
• ▍Free cash flow +448,0% YoY
• ▍Net margin 1.6%