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Pickles Holdings Co., Ltd. (2935) AI Stock Analysis
Pickles Holdings Co., Ltd.
(TSE/TYO:2935)
The stock's moderate overall score reflects a solid balance sheet and attractive valuation, which offset weak revenue trends and bearish technical signals. The company's low debt and healthy cash flow generation reduce downside risk, while the low P/E and decent dividend yield offer value. However, declining sales and recent price weakness warrant caution.
Pickles Holdings Co., Ltd. (2935) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 14.19B
- Dividend Yield
- 2.57%
- Average Volume (3M)
- 27.31K
- Price to Earnings (P/E)
- 12.5
- Beta (1Y)
- 0.35
- Revenue Growth
- -4.81%
- EPS Growth
- -11.00%
- Country
- Japan
- Employees
- 411
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Packaged Foods
Pickles Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Pickles Holdings Co.,Ltd., through its subsidiaries, manufactures and sells pickled vegetables and side dishes in Japan. It also engages in the restaurant and retail business; and agricultural business. The company was founded in 1977 and is headquar...
How the Company Makes Money
Pickles Holdings primarily earns revenue through subsidiary operations tied to B2B used-vehicle transactions. Key revenue streams typically include fees and commissions generated when vehicles are listed and sold through its auction/distribution chan...
Pickles Holdings Co., Ltd. Financial Statement Overview
Summary
Mixed financial performance: declining revenue and margins over the past five years, but recent improvements in operating and net profit margins. Strong balance sheet with low debt (D/E 0.16) and growing equity provides stability. Cash flow rebounded strongly in FY2026. Overall moderate score reflects these offsetting factors.
Income Statement
48NeutralBalance Sheet
85Very PositiveCash Flow
72Positive| Breakdown | TTM | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 40.12B | 40.92B | 41.52B | 43.03B | 41.05B | 45.01B |
| Gross Profit | 8.56B | 8.80B | 8.10B | 8.64B | 8.63B | 12.20B |
| EBITDA | 2.67B | 3.35B | 2.41B | 2.80B | 2.70B | 4.00B |
| Net Income | 1.13B | 1.38B | 958.00M | 1.18B | 1.14B | 2.13B |
Balance Sheet | ||||||
| Total Assets | 30.32B | 30.20B | 30.24B | 27.71B | 26.31B | 26.20B |
| Cash, Cash Equivalents and Short-Term Investments | 5.96B | 6.21B | 4.97B | 7.75B | 5.94B | 6.03B |
| Total Debt | 3.34B | 3.22B | 4.85B | 3.14B | 2.65B | 2.95B |
| Total Liabilities | 9.57B | 10.15B | 11.36B | 9.46B | 8.90B | 9.44B |
| Stockholders Equity | 20.73B | 20.04B | 18.86B | 18.24B | 17.40B | 16.76B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 3.81B | -3.86B | 1.77B | 783.00M | 2.80B |
| Operating Cash Flow | 0 | 4.20B | 831.00M | 2.72B | 1.67B | 3.52B |
| Investing Cash Flow | 0 | -428.00M | -4.69B | -950.00M | -882.00M | -712.00M |
| Financing Cash Flow | 0 | -2.53B | 1.08B | 45.00M | -876.00M | -1.21B |
Pickles Holdings 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:2935, the sentiment is Negative. The current price of 1116.00 is below the 20-day moving average (MA) of 1151.15, below the 50-day MA of 1176.88, and below the 200-day MA of 1162.23, indicating a bearish trend. The MACD of -13.91 indicates Positive momentum. The RSI at 35.47 is Neutral, neither overbought nor oversold. The STOCH value of 24.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2935.
Pickles Holdings Co., Ltd. Peers Comparison
Overall Rating
JP:339272Outperform
JP:293568Neutral
JP:293766Neutral
JP:293361Neutral
JP:291059Neutral
JP:290446Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 72Outperform | JPY 11.63B | 9.09 | ― | 3.50% | 3.66% | 9.21% | |
| 68Neutral | JPY 14.03B | 12.55 | ― | 2.57% | -4.81% | -11.00% | |
| 66Neutral | JPY 15.82B | 25.14 | ― | 2.06% | 6.36% | 109.03% | |
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| 61Neutral | JPY 23.99B | 26.73 | ― | 1.90% | -0.27% | -62.67% | |
| 59Neutral | JPY 35.66B | 169.32 | ― | 1.79% | 0.59% | -50.98% | |
| 46Neutral | JPY 13.88B | 42.26 | ― | 1.86% | 2.79% | -56.06% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:2935 | Pickles Holdings Co., Ltd. | 1128.00 | 54.43 | 5.07% | |
| JP:2904 | Ichimasa Kamaboko Co., Ltd. | 753.00 | 20.25 | 2.76% | |
| JP:2910 | Rock Field Co., Ltd. | 1341.00 | -51.47 | -3.70% | |
| JP:2933 | KIBUN FOODS INC. | 1051.00 | -3.77 | -0.36% | |
| JP:2937 | St.Cousair CO. LTD. | 1700.00 | -10.12 | -0.59% | |
| JP:3392 | DELICA FOODS HOLDINGS CO. LTD. | 715.00 | -69.23 | -8.83% |
Pickles Holdings Co., Ltd. Corporate Events
Pickles Holdings Finalizes Stock Option Terms for Executive Compensation
Pickles Holdings Co., Ltd., a Tokyo-listed food company known for its pickled and processed products, targets the domestic Japanese market under the leadership of President Naoji Kageyama. Its Prime Market listing underscores an established presence...
Pickles Holdings Launches Long-Term Stock Option Plan for Internal Directors
Pickles Holdings Co., Ltd. has approved the issuance of its twelfth series of share acquisition rights as stock options for internal directors, excluding outside directors, to more closely align management incentives with shareholder interests. The p...
Pickles Holdings Delivers Higher Q1 Profit But Guides for Softer Full-Year Earnings
Pickles Holdings reported consolidated net sales of ¥10.5 billion for the three months ended May 31, 2026, down 4.9% year on year, but achieved double-digit growth in operating profit and profit attributable to owners of parent, with earnings pe...
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