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Nippon Beet Sugar Manufacturing Co., Ltd. (2108) AI Stock Analysis
Nippon Beet Sugar Manufacturing Co., Ltd.
(TSE/TYO:2108)
The overall score of 67 reflects a company with a fortress-like balance sheet and an attractive valuation, which are its primary strengths. These are tempered by significant operational weaknesses, including razor-thin core profit margins and highly unpredictable cash flows, which introduce a layer of risk. Technical trends are neutral, providing no strong catalyst in either direction.
Nippon Beet Sugar Manufacturing Co., Ltd. (2108) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 61.08B
- Dividend Yield
- 3.04%
- Average Volume (3M)
- 115.46K
- Price to Earnings (P/E)
- 12.4
- Beta (1Y)
- 0.52
- Revenue Growth
- 0.16%
- EPS Growth
- ―
- Country
- Japan
- Employees
- 771
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Food Confectioners
Nippon Beet Sugar Manufacturing Co., Ltd. Business Overview & Revenue Model
Company Description
Nitten Co., Ltd. engages in the manufacture and sale of sugar products, seasonings, and formula feeds. It operates through the following segments: Sugar, Food, Feeds, Agricultural Materials, and Real Estate. The Sugar segment consists of beet sugar,...
How the Company Makes Money
The company primarily makes money by manufacturing and selling sugar and related beet-derived products. Its main revenue stream is the sale of sugar (as an ingredient) to industrial and commercial customers, where revenue is generated based on shipme...
Nippon Beet Sugar Manufacturing Co., Ltd. Financial Statement Overview
Summary
Financial performance is mixed. The balance sheet is a major strength with minimal debt and strong equity (Score 88). However, the income statement shows razor-thin operating margins despite net income growth (Score 65), and cash flows are highly volatile (Score 50). The weighted average of these three statements is approximately 68, reflecting solid solvency offset by operational and cash flow inconsistencies.
Income Statement
65PositiveBalance Sheet
88Very PositiveCash Flow
50Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 67.15B | 68.70B | 64.80B | 69.30B | 65.01B | 58.49B |
| Gross Profit | 14.22B | 13.94B | 13.04B | 13.61B | 14.97B | 15.12B |
| EBITDA | 2.69B | 2.36B | 3.05B | 3.54B | 3.89B | 4.64B |
| Net Income | 5.20B | 5.03B | 2.70B | 1.81B | 1.26B | 1.98B |
Balance Sheet | ||||||
| Total Assets | 94.38B | 97.70B | 101.22B | 103.02B | 103.15B | 100.46B |
| Cash, Cash Equivalents and Short-Term Investments | 5.32B | 8.05B | 8.36B | 12.85B | 10.59B | 12.16B |
| Total Debt | 4.00M | 1.51B | 9.06B | 10.96B | 18.78B | 14.91B |
| Total Liabilities | 18.16B | 20.18B | 27.38B | 30.48B | 35.01B | 32.54B |
| Stockholders Equity | 76.22B | 77.52B | 73.83B | 72.53B | 68.13B | 67.92B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 1.26B | -8.96B | 8.92B | -4.50B | 477.00M |
| Operating Cash Flow | 0 | 4.27B | -3.09B | 13.04B | -1.82B | 2.58B |
| Investing Cash Flow | 0 | 1.45B | 2.21B | -1.31B | -1.70B | 489.00M |
| Financing Cash Flow | 0 | -9.53B | -3.60B | -9.46B | 2.97B | 1.38B |
Nippon Beet Sugar Manufacturing Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2108, the sentiment is Neutral. The current price of 1757.00 is below the 20-day moving average (MA) of 1816.65, below the 50-day MA of 1805.76, and above the 200-day MA of 1533.74, indicating a neutral trend. The MACD of 4.13 indicates Positive momentum. The RSI at 41.15 is Neutral, neither overbought nor oversold. The STOCH value of 6.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2108.
Nippon Beet Sugar Manufacturing Co., Ltd. Peers Comparison
Overall Rating
JP:220884Outperform
JP:211279Outperform
JP:211472.8Outperform- JP:210867Neutral
JP:210965Neutral
JP:221148Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:2208 | 84Outperform | JPY 73.03B | 11.61 | ― | 1.45% | 5.66% | 24.88% |
| JP:2112 | 79Outperform | JPY 12.31B | 4.37 | ― | 3.74% | -0.50% | 33.06% |
| JP:2114 | 73Outperform | JPY 31.54B | 9.38 | ― | 3.01% | 0.14% | 27.23% |
| JP:2108 | 67Neutral | JPY 63.61B | 12.45 | ― | 3.04% | 0.16% | ― |
| JP:2109 | 65Neutral | JPY 111.77B | 26.19 | ― | 3.78% | -2.45% | -36.85% |
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| JP:2211 | 48Neutral | JPY 63.23B | 53.58 | ― | 1.22% | 5.76% | -38.25% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:2108 | Nippon Beet Sugar Manufacturing Co., Ltd. | 1757.00 | 796.84 | 82.99% | |
| JP:2109 | Mitsui DM Sugar Holdings Co.Ltd | 3575.00 | 650.33 | 22.24% | |
| JP:2112 | Ensuiko Sugar Refining Co., Ltd. | 452.00 | -24.13 | -5.07% | |
| JP:2114 | Fuji Nihon Seito Corporation | 614.00 | 103.27 | 20.22% | |
| JP:2208 | Bourbon Corporation | 3040.00 | 645.27 | 26.95% | |
| JP:2211 | Fujiya Co., Ltd. | 2453.00 | -92.94 | -3.65% |
Nippon Beet Sugar Manufacturing Co., Ltd. Corporate Events
Nippon Beet Sugar Adjusts Stock Split Figures After Treasury Share Cancellation
Nippon Beet Sugar Manufacturing Co., Ltd. has announced changes to the number of shares to be increased through its planned stock split, following the decision to cancel a portion of its treasury shares. The revised figures, calculated as of August 3...
Nippon Beet Sugar Completes ¥1.0 Billion Share Buyback and Plans Cancellation
Nippon Beet Sugar Manufacturing Co., Ltd. has completed a share buyback program, acquiring 180,000 common shares for 1,045.8 million yen via the Tokyo Stock Exchange’s off-auction own share repurchase system ToSTNeT-3 on August 24, 2026. The tr...
Nippon Beet Sugar to Buy Back and Cancel Up to 1.53% of Shares
Nippon Beet Sugar Manufacturing Co., Ltd. has approved a new share buyback and subsequent cancellation aimed at improving capital efficiency and allowing more flexible capital policies amid a changing business environment. The move underscores manage...
Nippon Beet Sugar Announces Three-for-One Stock Split and Shareholder Measure Overhaul
Nippon Beet Sugar Manufacturing Co., Ltd. has approved a three-for-one stock split of its common shares, effective October 1, 2026, aimed at improving liquidity and lowering the minimum investment amount for investors. Based on current shares outstan...
Nippon Beet Sugar Completes Treasury Share Disposal for Director Restricted Stock Pay
Nippon Beet Sugar Manufacturing has completed the payment process for the disposal of 3,000 shares of its treasury stock, issued as restricted stock compensation to five internal directors. The shares, priced at 4,695 yen each for a total of 14.085 m...
Nippon Beet Sugar Boosts Profits Despite Lower Sales and Hikes Dividend Forecast
Nippon Beet Sugar Manufacturing reported consolidated net sales of ¥15.6 billion for the three months ended June 30, 2026, down 9.0% year on year, but turned to an operating profit of ¥243 million from a loss and nearly doubled profit attri...
Nippon Beet Sugar Boosts Profit Outlook on Sale of Investment Securities
Nippon Beet Sugar Manufacturing has decided to sell portions of six listed investment securities as part of its policy to reduce cross-shareholdings and improve asset efficiency under its Second Medium-Term Plan. The sale is expected to generate an e...
Nippon Beet Sugar Uses Treasury Shares for Director Restricted Stock Plan
Nippon Beet Sugar Manufacturing Co., Ltd. has approved the disposal of 3,000 treasury shares as restricted stock compensation for five internal directors, valued at a total of ¥14.09 million. The move forms part of an existing share-based compen...
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: Sep 30, 2026