Handelsavisen
prelaunch
Companies ›3504.NG
35
3504.NG — — Unclassified

Maruhachi Holdings Co Ltd

$1 147,00
Open in Charts → Attach watcher ⌖
— —
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
3,71 %
Op margin
17,8 %
ROE
6,4 %
Net margin
31,3 %
Debt / equity
0,27
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

Maruhachi Holdings Co Ltd operates in the Textiles, Apparel & Luxury Goods industry within the Consumer Discretionary sector, generating revenue through undisclosed specific activities given the absence of detailed segment or product descriptions in the available data.

Business. Maruhachi Holdings Co Ltd operates in the Textiles, Apparel & Luxury Goods industry within the Consumer Discretionary sector, generating revenue through undisclosed specific activities given the absence of detailed segment or product descriptions in the available data.

Classification20 %
SectorUnclassified
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→
6,4 %
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 3504.

    • 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+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 3504.NG. 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

    Maruhachi Holdings Co Ltd operates in the Textiles, Apparel & Luxury Goods industry within the Consumer Discretionary sector, generating revenue through undisclosed specific activities given the absence of detailed segment or product descriptions in the available data.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED
    — missing data
    Key takeaways
    • Strong liquidity position with a current ratio of 8.8 and cash reserves exceeding long-term debt.
    • Net income significantly exceeds operating income, indicating material non-operating gains or tax advantages.
    • Low leverage with a debt-to-equity ratio of 0.27 and minimal dilution risk.
    • Classification confidence is low (0.20), creating uncertainty around precise industry benchmarking.
    • Lack of historical data prevents assessment of growth trends or earnings stability.
    • No specific segment or geographic data available to analyze revenue concentration risks.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Net income surged 112.8% year-over-year to JPY 5.07 billion in fiscal 2026, demonstrating exceptional profitability growth.

    Free cash flow increased 115.1% to JPY 4.82 billion in fiscal 2026, highlighting strong cash generation capabilities.

    Operating income rose 55.0% to JPY 2.11 billion in fiscal 2026, indicating significant improvement in core operational efficiency.

    BEAR CASE · 4

    Revenue declined 1.0% annually over four years, falling to JPY 11.84 billion in fiscal 2026, signaling shrinking top-line growth.

    Long-term debt increased to JPY 15.85 billion in fiscal 2026, up from JPY 9.0 billion in fiscal 2022, raising leverage concerns.

    Gross profit decreased to JPY 7.79 billion in fiscal 2026, down from JPY 8.43 billion in fiscal 2022, indicating margin pressure.

    Cash conversion ratio of 0.43 is below the cohort median of 1.19, implying weaker translation of earnings into cash.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-05-15
    Q1 2026 · Quarter highlights

    Revenue ¥2.74B, +6,6% YoY; Operating income +1 407,0% YoY.

    Revenue¥2.74B+6,6 % YoY
    Operating income¥660.5M+1 407,0 % YoY
    Net income¥1.23B+5 999,5 % YoY
    Free cash flow—
    EPS—
    Operating cash flow¥1.58B−50,4 % YoY
    Financials
    Income statement
    Revenue¥2.74B
    Gross profit¥1.61B
    Operating income¥660.5M
    Net income¥1.23B
    Margins
    Gross margin58.6%
    Operating margin24.1%
    Net margin45.0%
    FCF margin—
    Balance sheet
    Total assets¥79.03B
    Total liabilities¥20.92B
    Total equity¥58.10B
    Cash & equivalents¥27.71B
    Long-term debt¥15.85B
    Cash flow
    Operating cash flow¥1.58B
    CapEx-¥338.7M
    Free cash flow—
    SBC—
    P&L flow · revenue → net income
    Revenue ¥2.74BOperating costs ¥2.08BNet income ¥1.23B
    Highlights
    • ▍Revenue ¥2.74B, +6,6% YoY
    • ▍Operating income +1 407,0% YoY
    • ▍Net income +5 999,5% YoY
    • ▍Net margin 45.0%

    Valuation TTM

    Market price
    $1 147,00
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    $58.10B
    Net cashⓘ
    $11.86B
    Current ratioⓘ
    8.8
    Debt / equityⓘ
    0.3
    ROAⓘ
    4.7%
    ROEⓘ
    6.4%
    Cash conversionⓘ
    43.0%
    CapEx / revenueⓘ
    -2.9%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Handbags & Leather Goods—
    low · llm_fanout_v2
    Small Leather Goods—
    low · llm_fanout_v2

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

    Benchmarks vs cohort

    Op Margin17,8 %Above P75
    Net Margin31,3 %Best in class
    ROE6,4 %Below median
    Capex / Rev-2,9 %Above median
    D/E0,27Above median
    Cash Conv0,43Below median

    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
    • Reference data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Capex To Revenue
      capital_expenditure / revenue
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • Maruhachi Holdings Co Ltd Market data — financials · 2026-07-08
    • Maruhachi Holdings Co Ltd Market data — analyst estimates · 2026-07-08

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3504.NGCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-05-15 12:30 UTCEARNINGSQuarterly results — Q1 2026 Revenue JPY 2.74B · Net JPY 1.23B
    2026-05-15 12:30 UTCEARNINGSAnnual results — FY 2026 Revenue JPY 11.84B · Net JPY 5.07B
    2026-02-12 12:30 UTCEARNINGSQuarterly results — Q4 2025 Revenue JPY 3.31B · Net JPY 1.40B
    2025-11-13 08:37 UTCEARNINGSQuarterly results — Q3 2025 Revenue JPY 2.80B · Net JPY 905.8M
    2025-08-12 12:30 UTCEARNINGSQuarterly results — Q2 2025 Revenue JPY 2.98B · Net JPY 163.5M
    2025-05-14 11:50 UTCEARNINGSQuarterly results — Q1 2025 Revenue JPY 2.57B · Net JPY 20.2M
    2025-05-14 11:50 UTCEARNINGSAnnual results — FY 2025 Revenue JPY 11.89B · Net JPY 2.38B
    2025-02-12 12:30 UTCEARNINGSQuarterly results — Q4 2024 Revenue JPY 3.38B · Net JPY 1.15B
    2024-11-13 12:30 UTCEARNINGSQuarterly results — Q3 2024 Revenue JPY 2.80B · Net JPY -614.0M
    2024-08-09 12:30 UTCEARNINGSQuarterly results — Q2 2024 Revenue JPY 3.13B · Net JPY 1.82B
    2024-05-14 12:50 UTCEARNINGSAnnual results — FY 2024 Revenue JPY 11.83B · Net JPY 2.33B
    2023-05-12 12:30 UTCEARNINGSAnnual results — FY 2023 Revenue JPY 12.11B · Net JPY 2.97B
    2022-05-12 12:50 UTCEARNINGSAnnual results — FY 2022 Revenue JPY 12.32B · Net JPY 1.58B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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 · Reference data Premium coverage