Hibino Corp

Hibino Corp maintains a debt-to-equity ratio of 1.62, indicating a capital structure that is moderately leveraged. The company's liquidity position is characterized by a current ratio of 1.23, suggesting it has sufficient short-term assets to cover its short-term liabilities, though not with a large buffer. The company's cash and equivalents amount to 3.84 billion JPY, but this is offset by long-term debt of 16.8 billion JPY, resulting in a net cash position that is negative after subtracting total debt.

In terms of profitability, Hibino Corp's return on equity (ROE) is 1.68%, and its return on assets (ROA) is 0.44%, both of which are below the industry median for the Technology Equipment sector. This suggests that the company is underperforming relative to its peers in terms of generating returns for shareholders and utilizing its assets efficiently.

The company's revenue is concentrated in a single business segment, as disclosed in its financial reports, with no significant geographic diversification mentioned. This lack of diversification could expose the company to higher risks if demand in its primary market fluctuates.

Looking at growth, Hibino Corp's revenue in the most recent fiscal year was 11.66 billion JPY, a significant increase from the previous year's 59.47 billion JPY. However, the company's net income of 174 million JPY indicates that profitability has not kept pace with revenue growth. Analysts have estimated a mean revenue of 67.9 billion JPY for the upcoming year, suggesting a potential for further growth, although the mean EPS estimate of 284.90 JPY is notably higher than the last actual EPS of 173.49 JPY, indicating a potential for improved earnings performance.

The company's risk assessment highlights a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt suggests that the company may need to manage its debt obligations carefully. There is no indication of recent dilution events, and the company's shares outstanding have not changed between basic and diluted shares, suggesting no imminent dilution pressure.

Recent events, as reflected in the company's financial filings, show a focus on maintaining operational efficiency and managing debt. The company has not disclosed any major new projects or strategic initiatives in the latest filings, and there are no recent transcripts from investor calls or earnings reports that suggest significant changes in strategy or operations.

Revenue grew 13.7% year-over-year to JPY 67.6 billion in fiscal 2026, demonstrating strong top-line expansion.

Net income surged 77.3% to JPY 3.1 billion in fiscal 2026, indicating significant profitability improvement.

Free cash flow increased 130.2% to JPY 3.8 billion in fiscal 2026, enhancing liquidity and financial flexibility.

Operating income rose 39.7% to JPY 4.9 billion in fiscal 2026, reflecting improved operational efficiency.

Long-term debt decreased to JPY 15.0 billion in fiscal 2026, suggesting a deleveraging trend.

The company faces high credit risk, which could lead to potential financial instability or default issues.

Debt-to-equity ratio stands at 1.62, significantly higher than the cohort median of 0.26.

Return on equity of 1.68% underperforms the cohort median of 2.02%, indicating lower shareholder returns.

Medium liquidity risk flags suggest potential challenges in meeting short-term financial obligations.

Revenue ¥18.98B, +5,2% YoY; Operating income −52,0% YoY.

• ▍Revenue ¥18.98B, +5,2% YoY
• ▍Operating income −52,0% YoY
• ▍Net income +48,7% YoY
• ▍Net margin 2.4%

Revenue ¥17.30B, +19,0% YoY; Operating income +84,5% YoY.

• ▍Revenue ¥17.30B, +19,0% YoY
• ▍Operating income +84,5% YoY
• ▍Net income +100,3% YoY
• ▍Net margin 7.3%

Revenue ¥17.45B, +14,6% YoY; Operating income +25,7% YoY.

• ▍Revenue ¥17.45B, +14,6% YoY
• ▍Operating income +25,7% YoY
• ▍Net income +35,5% YoY
• ▍Net margin 4.7%

Revenue ¥13.86B, +18,9% YoY; Operating income +259,1% YoY.

• ▍Revenue ¥13.86B, +18,9% YoY
• ▍Operating income +259,1% YoY
• ▍Net income +190,2% YoY
• ▍Net margin 3.6%

Revenue ¥18.04B; Operating income ¥898.0M.

• ▍Revenue ¥18.04B
• ▍Operating income ¥898.0M
• ▍Net margin 1.7%

Revenue ¥14.54B; Operating income ¥1.15B.

• ▍Revenue ¥14.54B
• ▍Operating income ¥1.15B
• ▍Net margin 4.3%

Revenue ¥15.23B; Operating income ¥1.24B.

• ▍Revenue ¥15.23B
• ▍Operating income ¥1.24B
• ▍Net margin 4.0%

Revenue ¥11.66B; Operating income ¥220.0M.

• ▍Revenue ¥11.66B
• ▍Operating income ¥220.0M
• ▍Net margin 1.5%

Revenue ¥67.60B, +13,7% YoY; Operating income +39,7% YoY.

• ▍Revenue ¥67.60B, +13,7% YoY
• ▍Operating income +39,7% YoY
• ▍Net income +77,3% YoY
• ▍Free cash flow +130,2% YoY
• ▍Net margin 4.5%

Revenue ¥59.47B, +17,8% YoY; Operating income +32,0% YoY.

• ▍Revenue ¥59.47B, +17,8% YoY
• ▍Operating income +32,0% YoY
• ▍Net income +5,9% YoY
• ▍Free cash flow +46,0% YoY
• ▍Net margin 2.9%

Revenue ¥50.49B, +20,4% YoY; Operating income +137,7% YoY.

• ▍Revenue ¥50.49B, +20,4% YoY
• ▍Operating income +137,7% YoY
• ▍Net income +167,8% YoY
• ▍Free cash flow +147,2% YoY
• ▍Net margin 3.2%

Revenue ¥41.92B, −1,2% YoY; Operating income −31,7% YoY.

• ▍Revenue ¥41.92B, −1,2% YoY
• ▍Operating income −31,7% YoY
• ▍Net income −43,5% YoY
• ▍Free cash flow −77,9% YoY
• ▍Net margin 1.4%