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Mitsui DM Sugar Holdings Co.Ltd
(2109)
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Rating:63Neutral
Price Target:
¥3,743.00
▲(18.08% Upside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by weakened recent fundamentals (sharp 2026 revenue decline, modest net profitability, and softer cash generation), partly offset by a solid balance sheet and positive price trend/momentum. Valuation is mixed, with a supportive dividend yield but a relatively high P/E.
Positive Factors
Improving Balance Sheet
Lower leverage and a sizable equity base provide financial resilience for a cyclical sugar business. This reduces balance-sheet risk and preserves capacity to manage input-cost volatility or invest through weaker demand.
Negative Factors
Sharp Revenue Decline
The abrupt reversal in revenue indicates a meaningful setback in demand, pricing or product mix. If the decline persists, lower operating scale could weaken procurement efficiency, fixed-cost absorption and the group’s ability to rebuild earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Balance Sheet
Lower leverage and a sizable equity base provide financial resilience for a cyclical sugar business. This reduces balance-sheet risk and preserves capacity to manage input-cost volatility or invest through weaker demand.
Read all positive factors
Mitsui DM Sugar Holdings Co.Ltd (2109) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥115.68B
Dividend Yield3.56%
Average Volume (3M)31.36K
Price to Earnings (P/E)26.7
Beta (1Y)0.37
Revenue Growth-1.23%
EPS Growth-28.57%
CountryJP
Employees1,550
SectorConsumer Defensive
Sector Strength42
IndustryFood Confectioners
Share Statistics
EPS (TTM)136.50
Shares Outstanding31,464,780
10 Day Avg. Volume29,980
30 Day Avg. Volume31,360
Financial Highlights & Ratios
PEG Ratio-0.77
Price to Book (P/B)0.95
Price to Sales (P/S)0.59
P/FCF Ratio15.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mitsui DM Sugar Holdings Co.Ltd Business Overview & Revenue Model
Company Description
Mitsui DM Sugar Holdings Co.,Ltd., established in Tokyo, Japan in 1947, is a leading Japanese manufacturer and distributor specializing in a broad spectrum of sugar products and food ingredients. Its extensive product line includes various refined...
How the Company Makes Money
The company makes money primarily through its consolidated operating subsidiaries by selling sugar and sugar-related products. Key revenue streams generally include: (1) sales of refined sugar products to industrial customers (e.g., food and bever...
Mitsui DM Sugar Holdings Co.Ltd Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
72
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 178.56B | 180.10B | 178.78B | 170.77B | 163.31B | 147.88B |
| Gross Profit | 42.33B | 42.05B | 40.08B | 29.69B | 26.14B | 27.00B |
| EBITDA | 19.56B | 19.32B | 20.37B | 11.03B | 7.68B | 10.00B |
| Net Income | 4.22B | 3.96B | 6.29B | 8.45B | 7.91B | 3.66B |
Balance Sheet | ||||||
| Total Assets | 182.06B | 181.96B | 202.20B | 191.43B | 196.12B | 189.50B |
| Cash, Cash Equivalents and Short-Term Investments | 31.47B | 28.91B | 40.60B | 25.07B | 28.00B | 31.48B |
| Total Debt | 35.13B | 37.56B | 48.62B | 44.73B | 48.00B | 30.03B |
| Total Liabilities | 66.50B | 67.36B | 82.85B | 74.08B | 83.54B | 79.57B |
| Stockholders Equity | 113.07B | 112.01B | 114.61B | 112.17B | 107.18B | 101.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 6.72B | 18.71B | 5.38B | -11.50B | -3.92B |
| Operating Cash Flow | 0.00 | 12.34B | 22.59B | 12.74B | 6.23B | 6.36B |
| Investing Cash Flow | 0.00 | -5.31B | -5.63B | -6.67B | -21.56B | 344.00M |
| Financing Cash Flow | 0.00 | -19.16B | -1.69B | -8.99B | 11.65B | 6.57B |
Mitsui DM Sugar Holdings Co.Ltd Technical Analysis
Positive
3170.00
Price Trends
3400.30
Positive
3366.05
Positive
3325.06
Positive
Market Momentum
82.94
Negative
63.71
Neutral
73.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2109, the sentiment is Positive. The current price of 3170 is below the 20-day moving average (MA) of 3543.75, below the 50-day MA of 3400.30, and below the 200-day MA of 3325.06, indicating a bullish trend. The MACD of 82.94 indicates Negative momentum. The RSI at 63.71 is Neutral, neither overbought nor oversold. The STOCH value of 73.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2109.
Mitsui DM Sugar Holdings Co.Ltd Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥13.01B | 4.61 | ― | 1.91% | -0.50% | 33.06% | |
79 Outperform | ¥73.27B | 11.72 | ― | 1.55% | 5.66% | 24.88% | |
71 Outperform | ¥66.36B | 12.94 | ― | 2.12% | 0.16% | ― | |
70 Outperform | ¥33.90B | 10.15 | ― | 2.84% | 0.14% | 27.23% | |
66 Neutral | ¥211.88B | 12.45 | 13.39% | 2.40% | 3.34% | -0.81% | |
63 Neutral | ¥115.68B | 26.74 | ― | 3.97% | -1.23% | -28.57% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
* Consumer Defensive Sector Average
JP:2109
Mitsui DM Sugar Holdings Co.Ltd
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16.37%
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Mitsui DM Sugar Holdings Co.Ltd Corporate Events
Mitsui DM Sugar Posts Higher Quarterly Profit and Confirms Dividend Hike
Aug 6, 2026
Mitsui DM Sugar reported consolidated net sales of 45,332 million yen for the three months to June 30, 2026, a 3.3% year-on-year decline, but improved profitability with operating income up 8.9% and profit attributable to owners of parent rising 9...
Mitsui DM Sugar Lifts Earnings and Keeps Annual Outlook, Plans Higher Dividend
Jul 31, 2026
Mitsui DM Sugar reported consolidated net sales of 45.3 billion yen for the first quarter of the fiscal year ending March 31, 2027, down 3.3% year-on-year, but achieved growth in profitability, with operating income up 8.9% and profit attributable...
Mitsui DM Sugar Sets Higher ROE and ROIC Targets to Lift Capital Efficiency and Valuation
Jun 16, 2026
Mitsui DM Sugar has reviewed its performance under the current midterm plan and acknowledged that capital efficiency remains below its targets, with ROE at 3.5% for the year to March 2026 versus a 7% goal and PBR hovering around 1.0, reflecting in...
Mitsui DM Sugar Revises Midterm Plan Wording and Raises ROIC Figure
May 21, 2026
Mitsui DM Sugar has issued a correction to its previously announced midterm management plan, clarifying language around its group-wide strategy and updating a key performance metric. The company now describes its management infrastructure initiati...
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.