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Nisshin Seifun Group Inc. (2002) AI Stock Analysis

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JP:2002

Nisshin Seifun Group Inc.

(TSE/TYO:2002)

Select Model
Rating:74.15Outperform
Price Target:JPY 2,413.00â–²(5.93% Upside)
Action:upgraded
Date:10/30/26

The score is driven primarily by solid financial fundamentals—especially a conservatively financed balance sheet and recovered profitability—tempered by volatility in earnings history and free cash flow. Technicals add support with a clear uptrend (price above key moving averages) and positive momentum indicators. Valuation is reasonable, supported by a mid-level P/E and an above-typical dividend yield.

Positive Factors
Conservative Balance SheetDebt-to-equity of roughly 0.17–0.20 through 2022–2025 and a sizable equity base provide financial resilience. This conservative structure should preserve capacity to withstand operating volatility and fund ongoing activity without relying heavily on borrowing.
Negative Factors
Slowing Revenue GrowthRevenue was broadly stable over the last two years, rising only 1.4% in 2026 versus 2025 after stronger growth in 2023–2024. This slower expansion can limit operating leverage and makes future profit improvement more dependent on mix, pricing, and cost control.

Nisshin Seifun Group Inc. (2002) vs. iShares MSCI Japan ETF (EWJ)

-5%0%5%10%15%20%25%30%35%JP:2002+30.73%EWJ+18.01%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 643.95B
Dividend Yield
2.72%
Average Volume (3M)
959.97K
Price to Earnings (P/E)
16.9
Beta (1Y)
0.25
Revenue Growth
2.60%
EPS Growth
69.40%
Country
Japan
Employees
9,624
Sector
Consumer Defensive
Sector Strength
62
Industry
Packaged Foods

Nisshin Seifun Group Inc. Business Overview & Revenue Model

Company Description

Nisshin Seifun Group Inc., a Tokyo, Japan-based company established in 1900, maintains a robust international presence through its multifaceted operations. Its diverse portfolio spans flour milling, where it produces wheat flour and bran, alongside a...

How the Company Makes Money

Nisshin Seifun Group makes money primarily by selling (1) milled wheat flour and related grain-based ingredients and (2) processed/packaged food products derived from those ingredients. In its flour milling and ingredient businesses, revenue is gener...

Nisshin Seifun Group Inc. Financial Statement Overview

Summary

Income statement shows broadly stable revenue recently and a clear recovery to solid profitability after a 2023 loss, but margins are only moderate and earnings history is somewhat volatile. Balance sheet is a strength with conservative leverage (low debt-to-equity) and a solid equity base, supporting resilience. Cash flow is positive with free cash flow each year, but free cash flow has been volatile and cash conversion looked weaker in 2025, reducing consistency.

Income Statement

72Positive

Balance Sheet

78Positive

Cash Flow

64Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2026Mar 2025Mar 2024Mar 2023
Income Statement
Total Revenue858.00B851.49B865.00B858.25B798.68B679.74B
Gross Profit190.96B190.18B194.67B184.13B160.62B148.08B
EBITDA75.93B82.05B82.84B76.91B31.14B62.60B
Net Income27.07B34.69B32.59B31.74B-10.38B17.51B
Balance Sheet
Total Assets850.01B789.71B849.71B826.70B713.87B723.07B
Cash, Cash Equivalents and Short-Term Investments114.94B96.12B100.22B109.47B82.97B70.71B
Total Debt88.55B85.71B91.55B88.31B85.05B81.31B
Total Liabilities321.49B287.14B311.26B310.32B275.37B262.43B
Stockholders Equity509.15B485.01B518.84B500.30B423.88B449.27B
Cash Flow
Free Cash Flow013.74B28.02B44.00B4.76B23.15B
Operating Cash Flow055.21B69.19B73.19B23.42B41.83B
Investing Cash Flow0-34.96B-32.55B-30.94B487.00M-15.52B
Financing Cash Flow0-35.43B-40.78B-19.54B-10.63B-17.85B

Nisshin Seifun Group Inc. Technical Analysis

Technical Analysis SentimentPositive
Last Price2278.00

Price Trends

50DMA2025.38Positive
100DMA1995.57Positive
200DMA1995.82Positive

Market Momentum

MACD47.33Negative
RSI72.80Negative
STOCH96.82Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2002, the sentiment is Positive. The current price of 2278.00 is above the 20-day moving average (MA) of 2051.55, above the 50-day MA of 2025.38, and above the 200-day MA of 1995.82, indicating a bullish trend. The MACD of 47.33 indicates Negative momentum. The RSI at 72.80 is Negative, neither overbought nor oversold. The STOCH value of 96.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2002.

Nisshin Seifun Group Inc. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (62)

Financial Indicators

JP:2002 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:2212JP:221284OutperformJPY 808.10B19.159.18%1.53%4.78%11.17%
JP:2001JP:200178OutperformJPY 241.97B11.737.77%2.39%2.01%1.05%
JP:2002JP:200274OutperformJPY 616.03B16.93―2.72%2.60%69.40%
Sector *62Neutral$20.33B14.63-3.31%3.23%1.93%-12.26%
JP:2602JP:260262NeutralJPY 193.04B17.905.21%2.95%7.51%-53.44%
JP:2607JP:260757NeutralJPY 395.43B31.12―1.24%9.93%1562.32%
JP:2897JP:289753NeutralJPY 899.56B19.339.39%2.29%4.84%-2.91%

* Consumer Defensive Sector Average

Performance Comparison

0%20%40%JP:2002JP:2897JP:2001JP:2212JP:2602JP:2607Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:2002 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2002Nisshin Seifun Group Inc.2278.00562.7032.80%
JP:2897Nissin Foods Holdings Co 3055.00348.3512.87%
JP:2001NIPPN Corporation2890.00724.5233.46%
JP:2212Yamazaki Baking Co 3932.00843.0627.29%
JP:2602Nisshin OilliO Group, Ltd.2033.00377.0322.77%
JP:2607Fuji Oil Holdings, Inc.4614.001487.5947.58%

Nisshin Seifun Group Inc. Corporate Events

Nisshin Seifun Launches Up to ¥20 Billion Share Buyback to Boost Capital Efficiency

Oct 28, 2026

Nisshin Seifun Group Inc. has approved a new share buyback program, authorizing the acquisition of up to 14 million common shares, or 5.0% of its outstanding stock excluding treasury shares, for a maximum total cost of ¥20 billion. The repurchas...

Nisshin Seifun H1 Profit Jumps, Raises Dividend and Full-Year Outlook

Oct 28, 2026

Nisshin Seifun Group reported first-half fiscal 2027 consolidated net sales of ¥441.8 billion, up 2.4% year on year, with operating profit edging up 0.8% to ¥22.8 billion and ordinary profit slipping 3.0%. Profit attributable to owners of t...

Nisshin Seifun Posts Softer Q1 Profit But Keeps Full-Year Outlook and Dividend Plan Intact

Aug 7, 2026

Nisshin Seifun Group has reported first-quarter fiscal 2027 consolidated results showing modest sales growth but weaker profitability, with net sales up 1.1% year on year to ¥217.7 billion while operating profit dipped 0.9% and ordinary profit f...

Nisshin Seifun to Cancel Treasury Shares in Capital Optimization Move

Jul 30, 2026

Nisshin Seifun Group Inc. has announced that its Board of Directors resolved on July 30, 2026 to cancel 1,540,900 shares of its common stock, equivalent to 0.55% of the total issued shares before cancellation. The move, scheduled to take effect on Au...

Nisshin Seifun Posts Softer Q1 Profits but Upholds Guidance and Ups Dividend Outlook

Jul 30, 2026

Nisshin Seifun Group reported first-quarter fiscal 2027 net sales of ¥217.7 billion, up 1.1% year on year, while operating profit edged down 0.9% and profit attributable to owners of parent dropped 19.5%, reflecting margin pressure despite modes...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 30, 2026