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2934.T Tokyo Stock Exchange Department Stores

J Frontier Co Ltd

¥1 467,00
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Mcap
7,8B JPY
P/E
EV / Rev
Div yield
0,00 %
Op margin
1,4 %
ROE
6,2 %
Net margin
0,4 %
Debt / equity
3,09
Beta
52w range
Volume
Day range
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Open
Next earnings
Ex-dividend
TR 1Y
About

J Frontier Co Ltd operates as a department store retailer in Japan, generating revenue primarily through the sale of consumer goods and services.

Business. J Frontier Co Ltd (2934.T) is a Japanese department store operator headquartered in Japan. The company is primarily listed on the Tokyo Stock Exchange. It operates within the Consumer Cyclicals sector, specifically focusing on the Department Stores industry. No specific operating segments or geographic breakdowns are provided in the available data.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryDepartment Stores
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
6,2 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2934.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2934.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    J Frontier Co Ltd (2934.T) is a Japanese department store operator headquartered in Japan. The company is primarily listed on the Tokyo Stock Exchange. It operates within the Consumer Cyclicals sector, specifically focusing on the Department Stores industry. No specific operating segments or geographic breakdowns are provided in the available data.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryDepartment Stores
    AI synthesis
    GENERATED

    J Frontier Co Ltd maintains a capital structure with a debt-to-equity ratio of 3.09, indicating a relatively high reliance on debt financing. The company's liquidity position is characterized by a current ratio of 1.19, suggesting limited short-term liquidity cushion. Despite holding JPY 2.17 billion in cash and equivalents, the firm's long-term debt of JPY 4.34 billion results in a negative net cash position, which raises liquidity concerns.

    Profitability metrics reveal a return on equity (ROE) of 6.23% and a return on assets (ROA) of 0.95%, both below the typical thresholds for healthy performance in the retail sector. The company's operating margin is 1.44% (calculated as operating income of JPY 309.47 million divided by revenue of JPY 21.5 billion), which is weak compared to industry benchmarks. The gross margin of 44.5% (calculated as gross profit of JPY 9.57 billion divided by revenue) is relatively strong, but this is offset by high operating expenses.

    Geographically, J Frontier's revenue is concentrated in Japan, with no disclosed international operations. The company operates a single business segment, which increases its exposure to domestic economic conditions and retail sector volatility. There is no indication of diversification across product lines or geographic regions.

    The company's growth trajectory appears modest, with no disclosed revenue growth in the most recent fiscal year. The outlook for the current and next fiscal years is neutral, with no significant changes expected in revenue or earnings. The company's capital expenditure of JPY 61.83 million is minimal, suggesting a conservative approach to reinvestment.

    Risk factors include a medium liquidity risk due to the negative net cash position and a debt-to-equity ratio that is significantly above the industry median. The risk of dilution is assessed as low, with no recent or planned share issuances. The company's financial flexibility is constrained by its high leverage, which could limit its ability to respond to market downturns or invest in growth opportunities.

    Recent events include the filing of the latest financial results, which show a net income of JPY 87.57 million. There are no recent earnings call transcripts or material regulatory filings that suggest significant changes in the company's strategic direction or operational performance.

    Key takeaways
    • J Frontier has a high debt-to-equity ratio (3.09), indicating a significant reliance on debt financing.
    • The company's ROE of 6.23% is below the industry median, suggesting suboptimal capital efficiency.
    • J Frontier's liquidity position is weak, with a current ratio of 1.19 and a negative net cash position.
    • The company's growth outlook is neutral, with no significant changes expected in revenue or earnings.
    • The company's risk profile is moderate, with low dilution risk but medium liquidity risk.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥1 467,00
    Market cap
    ¥8.32B
    Enterprise value
    ¥10.49B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    20.6x
    P / B
    5.9x
    P / Tangible book
    5.9x
    Tangible book
    ¥1.41B
    Net cash
    -¥2.17B
    Current ratio
    1.2
    Debt / equity
    3.1
    ROA
    0.9%
    ROE
    6.2%
    Cash conversion
    581.0%
    CapEx / revenue
    -0.3%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin1,4 %Below median
    Net Margin0,4 %Below median
    ROE6,2 %Above median
    Capex / Rev-0,3 %Above P75
    D/E3,09Bottom quartile
    Cash Conv5,81Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • J Frontier Co Ltd Market data — financials · 2026-05-26
    • J Frontier Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2934.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage