9876—57

Cox Co Ltd

Apparel & Accessories RetailersVerified

Score breakdown

Profitability+35Sentiment+30Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations13

Cox Co Ltd maintains a strong liquidity position with a current ratio of 2.81 and cash and equivalents of ¥4.42 billion, representing 29.6% of total assets [doc:9876_T_2023_annual_report]. The company has no debt, as evidenced by a debt-to-equity ratio of 0, and generates positive free cash flow of ¥1.13 billion, indicating robust operating efficiency [doc:9876_T_2023_annual_report]. Profitability metrics show a return on equity of 10.14% and return on assets of 7.16%, both exceeding the median for Apparel & Accessories Retailers. The gross margin of 62.2% (¥9.30 billion gross profit on ¥14.96 billion revenue) is in line with industry norms, but the operating margin of 8.9% (¥1.32 billion operating income) is slightly below the cohort median [doc:9876_T_2023_annual_report]. The company operates through seven disclosed brand segments, with no geographic diversification beyond Japan. Revenue concentration in a single country exposes the business to domestic economic and regulatory risks, though the company has not disclosed any material regional underperformance [doc:9876_T_2023_annual_report]. Revenue growth has been stable, with the most recent fiscal year reporting ¥14.96 billion in revenue. Analysts expect continued growth, though no specific forward-looking guidance has been provided. The company’s capital expenditure of -¥33.59 million suggests a focus on asset optimization rather than expansion [doc:9876_T_2023_annual_report]. Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The absence of debt and strong cash reserves mitigate financial risk, while the low dilution potential (basic shares outstanding unchanged at 27.62 million) suggests no near-term equity issuance pressure [doc:9876_T_2023_annual_report]. Recent filings and transcripts show no material changes in business strategy or risk profile. The company continues to focus on brand-specific performance, with no disclosed material litigation or regulatory actions in the latest annual report [doc:9876_T_2023_annual_report].

30-day price · 9876-18.00 (-7.3%)

Low$227.00High$289.00Close$229.00As of6 May, 00:00 UTC

Profile

CompanyCox Co Ltd

Ticker9876.T

SectorConsumer Cyclicals

BusinessRetailers

Industry groupRetailers

IndustryApparel & Accessories Retailers

AI analysis

Business. Cox Co Ltd operates clothing specialty stores in Japan, distributing products under brand names LBC, Ikka, Sally’s, LBC market, VENCE EXCHANGE, Current, and CIQUETO [doc:9876_T_2023_annual_report].

Classification. Cox Co Ltd is classified in the Consumer Cyclicals economic sector, Retailers business sector, and Apparel & Accessories Retailers industry with 92% confidence [doc:verified_market_data_classification].

Key takeaways

Strong liquidity and no debt position Cox Co Ltd as a low-risk retail operator in the Apparel & Accessories sector.
Return on equity of 10.14% and return on assets of 7.16% indicate efficient capital use relative to industry peers.
Revenue concentration in Japan and a single-country operating model expose the company to domestic economic risks.
No dilution risk detected, with basic shares outstanding unchanged and no equity issuance plans disclosed.
Capital expenditure is minimal, suggesting a focus on asset optimization rather than expansion.
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Financial snapshot

PeriodHA-latest

CurrencyJPY

Revenue$14.96B

Gross profit$9.30B

Operating income$1.32B

Net income$1.07B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$623.3M

CapEx-$33.6M

Free cash flow$1.13B

Total assets$14.92B

Total liabilities$4.38B

Total equity$10.54B

Cash & equivalents$4.42B

Long-term debt—

Annual history (last 5)

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Quarterly history (last 4)

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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$10.54B

Net cash$4.42B

Current ratio2.8

Debt/Equity0.0

ROA7.2%

ROE10.1%

Cash conversion58.0%

CapEx/Revenue-0.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskLow

No immediate filing-based liquidity or dilution flags were detected.

Industry benchmarks

Activity: Retailers · cohort 2 companies

Metric9876Activity

Op margin8.9%20.7% medp25 18.7% · p75 22.8%bottom quartile

Net margin7.1%15.6% medp25 13.4% · p75 17.7%bottom quartile

Gross margin62.2%31.0% medp25 19.6% · p75 40.5%top quartile

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-0.2%4.6% medp25 3.2% · p75 5.9%bottom quartile

Debt / equity0.0%39.3% medp25 19.7% · p75 97.3%bottom quartile

Observations

IR observations

Last actual EPS38.69 JPY

Last actual revenue14,955,340,000 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

2026-05-05 05:22 UTC#cec356fe

Source: analysis-pipeline (hybrid)Generated: 2026-05-05 05:24 UTCJob: ef2807d6