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Ishigaki Foods Co., Ltd. (2901) AI Stock Analysis

JP:2901

Ishigaki Foods Co., Ltd.

(TSE/TYO:2901)

Select Model
Rating:51Neutral
Price Target:JPY 197.00â–²(134.52% Upside)
Action:reiterated
Date:04/25/26

The overall score of 51 reflects a mixed to negative outlook. Financial performance is moderately positive due to profitability and balance sheet improvements, but weak cash flow and declining revenue are concerns. Technical indicators signal a strong downtrend, and the stock appears overvalued based on its high P/E ratio. These factors outweigh the fundamental strengths, resulting in a below-average score.

Positive Factors
Profitability turnaroundA sustained shift from losses to a 21.85% net margin indicates structural improvement in cost control or pricing. Over the next 2-6 months this supports retained earnings, reinvestment capacity and credibility with lenders, making profitability less dependent on one-off items.
Negative Factors
Weak cash conversionVery low operating cash conversion and minimal free cash flow relative to income imply earnings are not translating into spendable cash. This constrains ability to fund capex, pay down debt or scale distribution, and raises refinancing or working-capital risks.

Ishigaki Foods Co., Ltd. (2901) vs. iShares MSCI Japan ETF (EWJ)

-100%-75%-50%-25%0%25%50%JP:2901-85.64%EWJ+16.91%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 1.32B
Dividend Yield
4.76%
Average Volume (3M)
260.84K
Price to Earnings (P/E)
31.5
Beta (1Y)
1.10
Revenue Growth
―
EPS Growth
―
Country
Japan
Employees
51
Sector
General
Sector Strength
55
Industry
Specialty Retail

Ishigaki Foods Co., Ltd. Business Overview & Revenue Model

Company Description

Founded in 1951 and based in Tokyo, Japan, Wel-Dish.Incorporated is a diverse company primarily engaged in the development, manufacturing, importation, and sale of a broad spectrum of products, mainly within the Japanese market. Its extensive food an...

How the Company Makes Money

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Ishigaki Foods Co., Ltd. Financial Statement Overview

Summary

Mixed financial performance: strong profitability (Income Statement score 65) and a robust balance sheet (score 75) are offset by a revenue decline and very weak cash flow generation (score 45). Overall, the company shows improvement but faces challenges in top-line growth and cash conversion.

Income Statement

65Positive

Balance Sheet

75Positive

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue2.18B1.97B2.02B2.98B2.41B2.80B
Gross Profit601.97M661.30M643.96M821.00M791.12M932.16M
EBITDA336.53M487.11M-335.66M-103.38M-145.62M-78.61M
Net Income143.49M431.59M-351.61M-115.25M-158.18M-108.50M
Balance Sheet
Total Assets7.83B4.12B880.47M890.78M1.01B1.08B
Cash, Cash Equivalents and Short-Term Investments562.83M365.51M224.12M221.02M522.68M500.89M
Total Debt762.43M289.95M674.52M565.03M522.98M735.50M
Total Liabilities1.81B851.63M953.68M756.82M759.95M1.04B
Stockholders Equity5.94B3.27B-73.21M133.96M252.95M45.34M
Cash Flow
Free Cash Flow04.52M-37.11M-372.16M-267.47M-42.81M
Operating Cash Flow024.28M-36.60M-365.07M-266.79M-37.71M
Investing Cash Flow035.65M-50.72M19.22M166.04M-146.17M
Financing Cash Flow0789.24M90.08M43.45M122.14M497.08M

Ishigaki Foods Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price84.00

Price Trends

50DMA132.35Negative
100DMA155.70Negative
200DMA236.35Negative

Market Momentum

MACD-19.57Positive
RSI13.61Positive
STOCH1.89Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2901, the sentiment is Negative. The current price of 84.00 is below the 20-day moving average (MA) of 106.05, below the 50-day MA of 132.35, and below the 200-day MA of 236.35, indicating a bearish trend. The MACD of -19.57 indicates Positive momentum. The RSI at 13.61 is Positive, neither overbought nor oversold. The STOCH value of 1.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2901.

Ishigaki Foods Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

JP:2901 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:2831JP:283171OutperformJPY 33.64B10.14―1.94%2.00%35.75%
JP:1301JP:130168NeutralJPY 54.30B7.389.73%3.27%11.07%22.05%
JP:1332JP:133268NeutralJPY 337.83B11.839.78%3.06%8.09%9.61%
JP:2933JP:293361NeutralJPY 23.99B26.65―1.91%-0.27%-62.67%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
JP:2901JP:290151NeutralJPY 1.97B31.54―4.76%――
JP:2904JP:290446NeutralJPY 13.88B42.26―1.86%2.79%-56.06%

* General Sector Average

Performance Comparison

-50%0%JP:2901JP:1332JP:1301JP:2831JP:2904JP:2933Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:2901 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:2901Ishigaki Foods Co., Ltd.84.00-500.81-85.64%
JP:1332Nippon Suisan Kaisha 1110.0071.056.84%
JP:1301Kyokuyo Co., Ltd.4550.00151.433.44%
JP:2831Hagoromo Foods Corporation3610.00406.0112.67%
JP:2904Ichimasa Kamaboko Co., Ltd.753.0022.223.04%
JP:2933KIBUN FOODS INC.1048.00-1.87-0.18%
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: Apr 25, 2026