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

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JP:2296

Itoham Yonekyu Holdings, Inc.

(TSE/TYO:2296)

Select Model
Rating:50Neutral
Price Target:JPY 4,720.00â–¼(-0.11% Downside)
Action:reiterated
Date:11/05/26

Moderate score driven mainly by financial performance concerns around weak cash conversion and rising debt, compounded by bearish technical momentum; attractive valuation offers partial support.

Positive Factors
Diversified food channelsThe company serves multiple demand channels, including branded consumer foods, restaurants, institutions, wholesalers, and retail outlets. This breadth can support revenue resilience by reducing reliance on one customer type while allowing product mix and distribution capabilities to support longer-term market coverage.
Negative Factors
Weak cash generationWeak operating cash conversion means reported earnings are not currently translating into equivalent cash resources. Deeply negative free cash flow can increase reliance on financing or balance-sheet funding, constrain investment choices, and create execution risk if the deterioration persists over coming quarters.

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

-20%-10%0%10%20%30%JP:2296-11.87%EWJ+13.61%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 265.88B
Dividend Yield
5.08%
Average Volume (3M)
122.38K
Price to Earnings (P/E)
14.7
Beta (1Y)
0.50
Revenue Growth
2.68%
EPS Growth
11.47%
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

Reliable revenue growth offset by thin profit margins, increasing leverage, and poor cash flow generation with negative free cash flow.

Income Statement

62Positive

Balance Sheet

48Neutral

Cash Flow

28Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue1.07T1.07T988.77B955.58B922.68B854.37B
Gross Profit144.94B146.48B133.27B132.56B130.13B131.90B
EBITDA38.91B31.97B36.15B38.41B39.47B41.43B
Net Income18.22B20.23B13.10B15.55B16.98B19.12B
Balance Sheet
Total Assets609.46B524.73B467.01B462.57B436.76B413.12B
Cash, Cash Equivalents and Short-Term Investments18.76B17.98B20.99B23.23B22.74B47.99B
Total Debt182.44B92.32B62.54B43.36B45.67B37.85B
Total Liabilities317.23B229.21B180.69B177.24B167.50B150.38B
Stockholders Equity291.73B294.81B285.61B284.69B268.69B262.14B
Cash Flow
Free Cash Flow-29.65B-9.54B-9.35B14.76B-8.50B9.43B
Operating Cash Flow1.84B13.66B10.02B29.39B3.95B18.47B
Investing Cash Flow-108.23B-26.01B-20.64B-16.01B-22.93B-11.25B
Financing Cash Flow106.27B8.52B7.47B-13.28B-6.84B-10.65B

Itoham Yonekyu Holdings, Inc. Technical Analysis

Technical Analysis SentimentNegative
Last Price4725.00

Price Trends

50DMA4889.27Negative
100DMA4854.39Negative
200DMA5169.17Negative

Market Momentum

MACD-67.90Positive
RSI44.96Neutral
STOCH30.99Neutral

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 4725.00 is below the 20-day moving average (MA) of 4836.50, below the 50-day MA of 4889.27, and below the 200-day MA of 5169.17, indicating a bearish trend. The MACD of -67.90 indicates Positive momentum. The RSI at 44.96 is Neutral, neither overbought nor oversold. The STOCH value of 30.99 is Neutral, 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:287172OutperformJPY 577.83B21.999.41%2.09%11.84%3.20%
JP:2288JP:228865NeutralJPY 50.60B6.1210.85%5.39%1.36%85.47%
Sector *62Neutral$20.33B14.63-3.31%3.23%1.93%-12.26%
JP:2282JP:228260NeutralJPY 542.77B18.995.50%2.77%6.73%-3.41%
JP:2296JP:229650NeutralJPY 245.18B14.72―5.08%2.68%11.47%
JP:2293JP:229346NeutralJPY 5.57B-27.59―0.74%-1.18%53.64%
JP:2291JP:229144NeutralJPY 1.66B24.81――-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 '26Nov '26
JP:2296 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2296Itoham Yonekyu Holdings, Inc.4725.00-636.63-11.87%
JP:2282NH Foods 1979.00-229.52-10.39%
JP:2871Nichirei Corporation2343.00516.5428.28%
JP:2288Marudai Food Co., Ltd.2040.0037.161.86%
JP:2291Fukutome Meat Packers,Ltd.498.00-127.00-20.32%
JP:2293Takizawa Ham Co., Ltd.2714.0096.003.67%

Itoham Yonekyu Holdings, Inc. Corporate Events

Itoham Yonekyu Approves ¥75 Interim Dividend

Nov 4, 2026

Itoham Yonekyu Holdings, a Japanese meat-processing and food-distribution company, produces ham, sausages, prepared foods, and other meat products for domestic consumers and food-service markets.The company’s board approved an interim dividend of ¥75...

Itoham Yonekyu Reports First-Half Revenue and Profit Declines

Nov 4, 2026

Itoham Yonekyu Holdings operates in the food industry, providing processed foods and meat products with a business focus spanning Japan and overseas markets. Its operations include domestic processed-food and meat businesses, as well as international...

Itoham Yonekyu Reports Lower Half-Year Sales and Profit

Nov 4, 2026

Itoham Yonekyu Holdings, a Japanese meat-processing and food-products company, reported lower sales and earnings for the six months ended September 30, 2026. The results reflect the group’s performance across its food businesses and its position in J...

Itoham Yonekyu Completes Acquisition of New Zealand Meat Processor Greenlea

Sep 30, 2026

Itoham Yonekyu Holdings has completed the acquisition of all shares in New Zealand-based Greenlea Group Limited via its consolidated subsidiary ANZCO Foods Limited. Greenlea, established in 1982 and headquartered in Hamilton, operates meat processing...

Itoham Yonekyu Overhauls Executive Lineup to Sharpen Food and Meat Operations

Sep 17, 2026

Itoham Yonekyu Holdings Inc. has announced a series of leadership changes, including the resignation of Managing Executive Officer and Chief Marketing Officer Yuko Nakajima effective September 30, 2026. The move reshapes the management structure, par...

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: Nov 05, 2026