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Itoham Yonekyu Holdings, Inc. (2296) AI Stock Analysis

JP:2296

Itoham Yonekyu Holdings, Inc.

(TSE/TYO:2296)

Select Model
Rating:58Neutral
Price Target:JPY 5,158.00â–²(6.46% Upside)
Action:reiterated
Date:08/04/26

The stock receives a moderate score of 58, reflecting mixed financials (strong balance sheet offset by weak cash flow), neutral technical indicators, and attractive valuation. The most significant factor is the financial performance, which is weighed down by cash flow issues, while valuation provides support.

Positive Factors
Conservative leverageLow net leverage (debt-to-equity ~0.31) provides durable financial flexibility, reducing refinancing and interest-rate vulnerability. With weak cash conversion, conservative balance-sheet positioning preserves capacity to fund working capital, targeted capex or dividends over the next several months.
Negative Factors
Very weak cash generationMaterial negative free cash flow and poor cash conversion versus reported earnings create a persistent funding gap. Over months this forces reliance on the balance sheet, constrains organic investment, increases refinancing risk and pressures the sustainability of dividends or buybacks.

Itoham Yonekyu Holdings, Inc. (2296) vs. iShares MSCI Japan ETF (EWJ)

-20%-10%0%10%20%30%JP:2296-6.38%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 277.23B
Dividend Yield
4.91%
Average Volume (3M)
120.15K
Price to Earnings (P/E)
13.9
Beta (1Y)
0.42
Revenue Growth
0.50%
EPS Growth
20.92%
Country
Japan
Employees
6,805
Sector
Consumer Defensive
Sector Strength
62
Industry
Packaged Foods

Itoham Yonekyu Holdings, Inc. Business Overview & Revenue Model

Company Description

Itoham Yonekyu Holdings Inc. is a Japanese food enterprise dedicated to the production and marketing of processed meats and convenience food items across Japan. Its diverse product line features ham, sausage, pizza, snacks, noodles, and a variety of...

How the Company Makes Money

The company makes money primarily by selling food products, with revenue driven by (1) processed meat products (e.g., ham, sausage, bacon and related chilled/frozen items) sold under its brands to supermarkets, mass retailers, and other consumer reta...

Itoham Yonekyu Holdings, Inc. Financial Statement Overview

Summary

Revenue growth over five years but recent dip; margins improved in latest year; balance sheet strong with low debt; cash flow weak and inconsistent, raising concerns. Overall mixed financial health.

Income Statement

55Neutral

Balance Sheet

75Positive

Cash Flow

30Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue1.06T1.07T988.77B955.58B922.68B854.37B
Gross Profit145.00B146.48B133.27B132.56B130.13B131.90B
EBITDA41.58B31.97B36.15B38.41B39.47B41.43B
Net Income19.98B20.23B13.10B15.55B16.98B19.12B
Balance Sheet
Total Assets549.19B524.73B467.01B462.57B436.76B413.12B
Cash, Cash Equivalents and Short-Term Investments17.29B17.98B20.99B23.23B22.74B47.99B
Total Debt107.84B92.32B62.54B43.36B45.67B37.85B
Total Liabilities254.63B229.21B180.69B177.24B167.50B150.38B
Stockholders Equity293.88B294.81B285.61B284.69B268.69B262.14B
Cash Flow
Free Cash Flow-22.69B-9.54B-9.35B14.76B-8.50B9.43B
Operating Cash Flow2.81B13.66B10.02B29.39B3.95B18.47B
Investing Cash Flow-28.94B-26.01B-20.64B-16.01B-22.93B-11.25B
Financing Cash Flow22.29B8.52B7.47B-13.28B-6.84B-10.65B

Itoham Yonekyu Holdings, Inc. Technical Analysis

Technical Analysis SentimentNegative
Last Price4845.00

Price Trends

50DMA4943.25Negative
100DMA4854.04Positive
200DMA5206.03Negative

Market Momentum

MACD-9.14Positive
RSI47.78Neutral
STOCH16.34Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2296, the sentiment is Negative. The current price of 4845.00 is below the 20-day moving average (MA) of 4895.50, below the 50-day MA of 4943.25, and below the 200-day MA of 5206.03, indicating a bearish trend. The MACD of -9.14 indicates Positive momentum. The RSI at 47.78 is Neutral, neither overbought nor oversold. The STOCH value of 16.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2296.

Itoham Yonekyu Holdings, Inc. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (62)

Financial Indicators

JP:2296 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:2871JP:287174OutperformJPY 544.74B18.8210.25%2.28%10.36%20.76%
JP:2282JP:228265NeutralJPY 582.26B17.206.43%2.58%7.32%43.91%
JP:2288JP:228865NeutralJPY 51.78B5.3512.72%5.35%1.49%155.40%
Sector *62Neutral$20.33B14.63-3.31%3.23%1.93%-12.26%
JP:2296JP:229658NeutralJPY 258.97B13.88―4.91%0.50%20.92%
JP:2293JP:229346NeutralJPY 5.55B-39.05―0.74%-3.61%76.41%
JP:2291JP:229144NeutralJPY 1.67B24.96――-2.98%―

* Consumer Defensive Sector Average

Performance Comparison

-20%0%20%JP:2296JP:2282JP:2871JP:2288JP:2291JP:2293Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:2296 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2296Itoham Yonekyu Holdings, Inc.4885.00-390.46-7.40%
JP:2282NH Foods 2064.50214.0211.57%
JP:2871Nichirei Corporation2148.50368.9220.73%
JP:2288Marudai Food Co., Ltd.2055.00268.4515.03%
JP:2291Fukutome Meat Packers,Ltd.501.00-151.00-23.16%
JP:2293Takizawa Ham Co., Ltd.2701.0086.003.29%

Itoham Yonekyu Holdings, Inc. Corporate Events

Itoham Yonekyu Holds Profits Steady Despite Revenue Decline and Cost Pressures

Aug 3, 2026

Itoham Yonekyu Holdings reported consolidated first-quarter FY2026 revenue of JPY 281.1 billion, down 5.4% year on year, while ordinary profit was broadly flat at JPY 9.2 billion. Strong market conditions in the Meat Division, both in Japan and overs...

Itoham Yonekyu Q1 Profit Slips But Progressive Dividend Policy Intact

Aug 3, 2026

Itoham Yonekyu Holdings Inc., a major Japanese meat and processed foods producer listed on the Tokyo Stock Exchange, operates across the domestic food value chain from fresh meat to prepared products. The company pursues a shareholder-friendly capita...

Itoham Yonekyu Completes Treasury Stock Disposal for Restricted Share Plan

Jul 7, 2026

Itoham Yonekyu Holdings Inc. has completed the payment procedures for a disposal of treasury stock to implement its restricted stock compensation plan for management. The transaction involves 16,684 shares of common stock, priced at JPY 4,715 per sha...

Itoham Yonekyu to Grant Long-Term Restricted Stock to Directors and Executives

Jun 19, 2026

Itoham Yonekyu Holdings has approved the disposal of 16,684 shares of its treasury stock as restricted stock, valued at about 78.7 million yen, to four internal directors and nine executive officers. The shares, priced at 4,715 yen each, will be allo...

Itoham Yonekyu Details Ties and Transactions With Major Shareholder Mitsubishi

Jun 19, 2026

Itoham Yonekyu Holdings has disclosed details of its relationship with Mitsubishi Corporation, which holds 41.15% of its voting rights and treats the company as an equity-method affiliate. Mitsubishi supplies meat and raw materials, and one of Itoham...

Itoham Yonekyu to Acquire New Zealand Meat Processor Greenlea via ANZCO

Jun 18, 2026

Itoham Yonekyu Holdings’ board has approved the acquisition of all shares in New Zealand-based Greenlea Group Limited through its consolidated subsidiary ANZCO Foods Limited. Greenlea, a meat processing, manufacturing and sales company, operate...

Itoham Yonekyu Sets Governance Measures to Protect Minority Shareholders

May 20, 2026

Itoham Yonekyu Holdings has set out a formal policy and detailed measures to protect minority shareholders in dealings with its controlling shareholder, Mitsubishi Corporation, which owns 41.15% of its voting rights. The company aims to bolster corpo...

Itoham Yonekyu Sets Large FY2026 Payout and Confirms Progressive Dividend Policy

May 20, 2026

Itoham Yonekyu Holdings’ board has approved a year-end dividend of JPY 75 per share for the fiscal year ended March 31, 2026, matching prior guidance and bringing the total annual payout to JPY 320 per share. This total includes an ordinary div...

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: Aug 04, 2026