Fujiya Co Ltd

Fujiya Co Ltd maintains a strong liquidity position, with cash and equivalents amounting to ¥10.58 billion, representing 12.8% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, supported by an operating cash flow of ¥4.81 billion and a current ratio of 1.72, indicating a solid ability to meet short-term obligations.

Profitability metrics, however, are weak. The company reported a net income of ¥13 million and an operating loss of ¥266 million, resulting in a return on equity (ROE) of 0.02% and a return on assets (ROA) of 0.02%. These figures fall significantly below the industry median for ROE and ROA, which are typically in the 5-10% range for food processing firms. The company's gross margin of 32.2% is in line with industry norms, but the operating margin is negative, indicating cost pressures or pricing challenges.

Fujiya's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the provided data. The company's total revenue of ¥26.08 billion is derived from its core food processing operations, with no material exposure to international markets.

Looking ahead, Fujiya's revenue is expected to grow, though the exact magnitude is not specified. The company's capital expenditure of ¥2.4 billion suggests ongoing investment in production capabilities, which may support future growth. However, the operating loss and weak returns suggest that near-term profitability remains a concern.

The company's risk profile is low in terms of liquidity and dilution. With a debt-to-equity ratio of 0.03 and no immediate filing-based flags for liquidity or dilution, Fujiya appears to have a stable capital structure. The absence of dilution risk is reinforced by the fact that basic and diluted shares outstanding are equal, indicating no near-term share issuance.

Recent financial filings and transcripts do not highlight any material events or strategic shifts. The company's last actual EPS was ¥78.80, and its last actual revenue was ¥119.56 billion, according to analyst estimates. These figures suggest a potential discrepancy with the most recent reported revenue of ¥26.08 billion, which may reflect a change in reporting periods or a restructuring event not detailed in the provided data.

Revenue grew 8.7% year-over-year to JPY 119.6 billion in fiscal 2026, demonstrating consistent top-line expansion.

Net income increased 21.5% year-over-year to JPY 2.0 billion in fiscal 2026, showing improved profitability.

Operating income rose 25.4% year-over-year to JPY 2.1 billion in fiscal 2026, indicating stronger core operations.

The debt-to-equity ratio of 0.03 ranks in the top quartile among peers, signaling a conservative capital structure.

Cash conversion metrics are rated best-in-class within the food processing cohort, suggesting superior operational efficiency.

Operating margin of -1.0% and net margin of 0.05% rank in the bottom quartile of the food processing cohort.

Return on equity of 0.02% and return on assets of 0.02% are significantly below cohort medians of 4.99% and 0.05%.

Long-term debt surged to JPY 16.8 billion in fiscal 2026, a sharp increase from JPY 4.7 billion in fiscal 2025.

The company faces high credit risk according to risk flags, despite low dilution and liquidity risks.

Revenue ¥29.56B, +5,4% YoY; Operating income −58,3% YoY.

• ▍Revenue ¥29.56B, +5,4% YoY
• ▍Operating income −58,3% YoY
• ▍Net income −96,0% YoY
• ▍Net margin 0.1%

Revenue ¥35.59B, +9,3% YoY; Operating income +11,8% YoY.

• ▍Revenue ¥35.59B, +9,3% YoY
• ▍Operating income +11,8% YoY
• ▍Net income +12,1% YoY
• ▍Net margin 3.2%

Revenue ¥27.28B, +12,6% YoY; Operating income +53,7% YoY.

• ▍Revenue ¥27.28B, +12,6% YoY
• ▍Operating income +53,7% YoY
• ▍Net income +139,7% YoY
• ▍Net margin 0.3%

Revenue ¥28.64B, +9,8% YoY; Operating income +89,8% YoY.

• ▍Revenue ¥28.64B, +9,8% YoY
• ▍Operating income +89,8% YoY
• ▍Net income +300,0% YoY
• ▍Net margin 0.2%

Revenue ¥28.05B; Operating income ¥909.0M.

• ▍Revenue ¥28.05B
• ▍Operating income ¥909.0M
• ▍Net margin 2.8%

Revenue ¥32.57B; Operating income ¥1.28B.

• ▍Revenue ¥32.57B
• ▍Operating income ¥1.28B
• ▍Net margin 3.1%

Revenue ¥24.23B; Operating income -¥417.0M.

• ▍Revenue ¥24.23B
• ▍Operating income -¥417.0M
• ▍Net margin -0.7%

Revenue ¥26.08B; Operating income -¥266.0M.

• ▍Revenue ¥26.08B
• ▍Operating income -¥266.0M
• ▍Net margin 0.0%

Revenue ¥119.56B, +8,7% YoY; Operating income +25,4% YoY.

• ▍Revenue ¥119.56B, +8,7% YoY
• ▍Operating income +25,4% YoY
• ▍Net income +21,5% YoY
• ▍Free cash flow −670,0% YoY
• ▍Net margin 1.7%

Revenue ¥109.98B, +4,2% YoY; Operating income +39,8% YoY.

• ▍Revenue ¥109.98B, +4,2% YoY
• ▍Operating income +39,8% YoY
• ▍Net income +72,5% YoY
• ▍Free cash flow +88,9% YoY
• ▍Net margin 1.5%

Revenue ¥105.53B, +4,9% YoY; Operating income −70,8% YoY.

• ▍Revenue ¥105.53B, +4,9% YoY
• ▍Operating income −70,8% YoY
• ▍Net income −71,3% YoY
• ▍Free cash flow −1 425,5% YoY
• ▍Net margin 0.9%

Revenue ¥100.61B, −4,0% YoY; Operating income +6,1% YoY.

• ▍Revenue ¥100.61B, −4,0% YoY
• ▍Operating income +6,1% YoY
• ▍Net income +6,4% YoY
• ▍Free cash flow −115,3% YoY
• ▍Net margin 3.4%