Ohmoriya Co Ltd

Ohmoriya's capital structure shows a debt-to-equity ratio of 0.23, indicating a relatively low level of leverage compared to industry norms. The company holds 1,229,906,000 JPY in cash and equivalents, but its long-term debt of 2,693,344,000 JPY results in a negative net cash position when debt is subtracted. The current ratio of 2.75 suggests the company has sufficient short-term assets to cover its liabilities.

Profitability metrics are concerning, with a return on equity (ROE) of -0.0002 and a return on assets (ROA) of -0.0002, both indicating a loss-making position. The company reported an operating loss of 10,683,000 JPY and a net loss of 2,868,000 JPY, which is below the industry median for profitability metrics. The gross profit of 456,414,000 JPY is also below the industry median, suggesting inefficiencies in cost management or pricing.

The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of diversification increases exposure to regional economic fluctuations and supply chain disruptions.

Growth trajectory is negative, with the company reporting a net loss and negative operating cash flow of -3,048,803,000 JPY. Analyst estimates for revenue and earnings are also negative, indicating a challenging outlook for the near term. Capital expenditures of -51,019,000 JPY suggest minimal investment in growth initiatives.

Risk factors include medium liquidity risk due to negative net cash and a current operating loss. The company has a low dilution risk, with no significant dilution sources identified in the available documents. However, the negative operating cash flow and net loss raise concerns about the company's ability to sustain operations without external financing.

Recent events include the disclosure of a net loss and negative operating cash flow in the latest financial statements. No significant new product launches, regulatory changes, or strategic partnerships were reported in the available documents.

Ohmoriya exhibits best-in-class cash conversion at 1063.04, significantly outperforming the Food Processing cohort median of 0.98.

The company maintains a debt-to-equity ratio of 0.23, which is above the median and indicates moderate leverage relative to peers.

Ohmoriya achieved revenue growth of 1.3% year-over-year in FY2025, reaching 16.5 billion JPY despite challenging market conditions.

Capital expenditure intensity is above the 75th percentile of the cohort, suggesting significant investment in future operational capabilities.

Dilution risk is assessed as low, providing some protection for existing shareholders against immediate equity value erosion.

Long-term debt surged to 8.7 billion JPY in FY2025, a substantial increase from 1.5 billion JPY in the prior year.

The company faces high credit risk and medium liquidity risk, highlighting significant financial stability concerns for investors.

Revenue ¥4.53B, −0,8% YoY; Operating income +128,4% YoY.

• ▍Revenue ¥4.53B, −0,8% YoY
• ▍Operating income +128,4% YoY
• ▍Net income +104,9% YoY
• ▍Net margin 3.1%

Revenue ¥3.96B, −3,0% YoY; Operating income +77,8% YoY.

• ▍Revenue ¥3.96B, −3,0% YoY
• ▍Operating income +77,8% YoY
• ▍Net income +75,1% YoY
• ▍Net margin -0.4%

Revenue ¥4.11B, +1,9% YoY; Operating income −267,9% YoY.

• ▍Revenue ¥4.11B, +1,9% YoY
• ▍Operating income −267,9% YoY
• ▍Net income −257,7% YoY
• ▍Net margin -0.9%

Revenue ¥3.88B, +3,5% YoY; Operating income −894,3% YoY.

• ▍Revenue ¥3.88B, +3,5% YoY
• ▍Operating income −894,3% YoY
• ▍Net income −3 024,3% YoY
• ▍Net margin -2.3%

Revenue ¥4.57B; Operating income ¥96.0M.

• ▍Revenue ¥4.57B
• ▍Operating income ¥96.0M
• ▍Net margin 1.5%

Revenue ¥4.08B; Operating income -¥85.7M.

• ▍Revenue ¥4.08B
• ▍Operating income -¥85.7M
• ▍Net margin -1.4%

Revenue ¥4.03B; Operating income ¥34.4M.

• ▍Revenue ¥4.03B
• ▍Operating income ¥34.4M
• ▍Net margin 0.6%

Revenue ¥3.74B; Operating income -¥10.7M.

• ▍Revenue ¥3.74B
• ▍Operating income -¥10.7M
• ▍Net margin -0.1%

Revenue ¥16.51B, +1,3% YoY; Operating income −133,9% YoY.

• ▍Revenue ¥16.51B, +1,3% YoY
• ▍Operating income −133,9% YoY
• ▍Net income −140,9% YoY
• ▍Free cash flow −4 312,1% YoY
• ▍Net margin -0.4%

Revenue ¥16.31B, +14,5% YoY; Operating income −31,6% YoY.

• ▍Revenue ¥16.31B, +14,5% YoY
• ▍Operating income −31,6% YoY
• ▍Net income −26,4% YoY
• ▍Free cash flow −74,2% YoY
• ▍Net margin 1.1%

Revenue ¥14.24B, +0,5% YoY; Operating income −31,9% YoY.

• ▍Revenue ¥14.24B, +0,5% YoY
• ▍Operating income −31,9% YoY
• ▍Net income −64,1% YoY
• ▍Free cash flow −78,7% YoY
• ▍Net margin 1.7%

Revenue ¥14.17B, −20,9% YoY; Operating income +19,3% YoY.

• ▍Revenue ¥14.17B, −20,9% YoY
• ▍Operating income +19,3% YoY
• ▍Net income +105,4% YoY
• ▍Free cash flow +602,5% YoY
• ▍Net margin 4.8%