Want to see JP:3179 full AI Analyst Report?
Top Page
Syuppin Co., Ltd.
(3179)
Select Model
Select Model
Rating:72Outperform
Price Target:
¥1,370.00
▲(19.13% Upside)
Action:Upgraded
Date:07/22/26
The score is driven primarily by solid financial performance (improving leverage and a strong 2026 free-cash-flow rebound) tempered by recent margin compression and cash-flow volatility. Technicals add support with the stock trading above major moving averages and neutral-to-positive momentum. Valuation also helps, combining a reasonable P/E with a strong dividend yield.
Positive Factors
Sustained Revenue Expansion
Multi-year revenue expansion indicates that Syuppin is broadening customer reach and transaction volume across its specialty retail categories. Continued sales growth supports operating scale and provides a foundation for earnings growth if procurement and resale spreads remain disciplined.
Negative Factors
Recent Margin Compression
The decline in operating and net margins indicates that recent sales growth has not translated proportionally into profit. Persistent pressure could reflect weaker resale spreads, higher fulfillment costs, or tougher competition, limiting earnings growth even if revenue expands.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Expansion
Multi-year revenue expansion indicates that Syuppin is broadening customer reach and transaction volume across its specialty retail categories. Continued sales growth supports operating scale and provides a foundation for earnings growth if procurement and resale spreads remain disciplined.
Read all positive factors
Syuppin Co., Ltd. (3179) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥21.82B
Dividend Yield3.94%
Average Volume (3M)118.09K
Price to Earnings (P/E)18.2
Beta (1Y)0.46
Revenue Growth0.66%
EPS Growth-1.96%
CountryJP
Employees260
SectorGeneral
Sector StrengthN/A
IndustrySpecialty Retail
Share Statistics
EPS (TTM)65.67
Shares Outstanding21,354,292
10 Day Avg. Volume79,880
30 Day Avg. Volume118,086
Financial Highlights & Ratios
PEG Ratio-0.90
Price to Book (P/B)2.30
Price to Sales (P/S)0.45
P/FCF Ratio7.76
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)86.95
Revenue Forecast (FY)¥55.28B
Syuppin Co., Ltd. Business Overview & Revenue Model
Company Description
Syuppin Co., Ltd. is a Japanese enterprise, established in 2005 and headquartered in Tokyo, that specializes in the online trade of pre-owned items. The company manages e-commerce platforms dedicated to the acquisition and sale of various second-h...
How the Company Makes Money
Syuppin makes money primarily by earning a retail margin on the resale of goods it sources through customer buybacks and other procurement channels. Its core revenue stream is product sales: the company purchases used items (and also sells new ite...
Syuppin Co., Ltd. Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
74
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.45B | 51.92B | 52.66B | 48.84B | 45.62B | 43.45B |
| Gross Profit | 9.38B | 9.54B | 9.65B | 9.13B | 7.75B | 8.04B |
| EBITDA | 2.64B | 2.75B | 3.18B | 3.54B | 2.65B | 3.40B |
| Net Income | 1.40B | 1.69B | 2.02B | 2.32B | 1.70B | 2.21B |
Balance Sheet | ||||||
| Total Assets | 19.20B | 18.10B | 18.11B | 16.07B | 15.08B | 14.41B |
| Cash, Cash Equivalents and Short-Term Investments | 1.99B | 1.81B | 1.73B | 1.32B | 1.42B | 1.17B |
| Total Debt | 7.01B | 4.62B | 4.49B | 4.30B | 5.81B | 5.56B |
| Total Liabilities | 9.94B | 7.84B | 7.94B | 7.81B | 8.60B | 8.94B |
| Stockholders Equity | 9.26B | 10.25B | 10.17B | 8.27B | 6.48B | 5.47B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.04B | 896.20M | 1.96B | 799.27M | 985.05M |
| Operating Cash Flow | 0.00 | 3.05B | 1.21B | 2.36B | 1.24B | 1.30B |
| Investing Cash Flow | 0.00 | -1.28B | -847.88M | -412.66M | -444.69M | -390.47M |
| Financing Cash Flow | 0.00 | -1.69B | 52.53M | -2.05B | -549.12M | -1.56B |
Syuppin Co., Ltd. Technical Analysis
Neutral
1150.00
Price Trends
1197.18
Negative
1143.37
Positive
1151.78
Positive
Market Momentum
-7.26
Positive
42.89
Neutral
13.93
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3179, the sentiment is Neutral. The current price of 1150 is below the 20-day moving average (MA) of 1238.00, below the 50-day MA of 1197.18, and below the 200-day MA of 1151.78, indicating a neutral trend. The MACD of -7.26 indicates Positive momentum. The RSI at 42.89 is Neutral, neither overbought nor oversold. The STOCH value of 13.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3179.
Syuppin Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥129.48B | 17.23 | ― | 2.24% | 12.48% | 27.96% | |
74 Outperform | ¥45.53B | 12.96 | ― | 2.19% | 15.56% | 21.99% | |
72 Outperform | ¥21.82B | 18.17 | ― | 3.53% | 0.66% | -1.96% | |
71 Outperform | ¥36.55B | 10.94 | ― | 3.77% | 23.51% | 56.52% | |
68 Neutral | ¥51.57B | 18.43 | ― | 1.32% | 9.16% | 47.03% | |
62 Neutral | ¥184.77B | 22.44 | ― | 0.64% | 57.65% | 100.02% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:3179
Syuppin Co., Ltd.
1,193.00
-7.88
-0.66%
JP:2674
Hard Off Corporation Co., Ltd.
2,699.00
953.88
54.66%
JP:3093
Treasure Factory Co., Ltd.
1,878.00
55.15
3.03%
JP:3964
Aucnet, Inc.
1,337.00
418.53
45.57%
JP:7685
BuySell Technologies Co., Ltd.
3,020.00
1,296.43
75.22%
JP:9278
BOOKOFF GROUP HOLDINGS LIMITED
2,939.00
1,440.55
96.14%
Syuppin Co., Ltd. Corporate Events
Syuppin Sets Up Strategic Review Committee to Shape Long-Term Growth
Aug 19, 2026
Syuppin Co., Ltd. has established a Strategic Review Committee as a voluntary advisory and monitoring body to its Board of Directors to evaluate a wide range of strategic options. The move is aimed at maximizing medium- to long-term corporate valu...
Syuppin’s Net Sales Stay Strong as Online Business Recovers and Membership Tops 800,000
Aug 18, 2026
Syuppin Co., Ltd. reported that net sales remained robust in June and July 2026, reaching 4,375 million yen and 4,385 million yen respectively, both posting year-on-year growth above 7%. Online sales, which had been affected by the replacement of ...
Syuppin outlines new structure and first-quarter FY03/2027 results
Aug 17, 2026
Syuppin Co., Ltd. released an overview of its financial results for the three months ended June 30, 2026, along with outlines of management policy under a new corporate structure. The document signals that the company is emphasizing both strategic...
Syuppin Adopts Activist’s Director Nominees to Strengthen M&A and Global Strategy
Aug 10, 2026
Syuppin Co., Ltd. has moved to a monitoring-style board and is re-aligning its governance to better support a forthcoming medium-term management plan centered on growth and business transformation. The company sees strengthening capabilities in co...
Syuppin’s Quarterly Profit Plunges but Full-Year Outlook and Dividend Plan Held
Aug 7, 2026
Syuppin reported non-consolidated net sales of ¥11.7 billion for the three months ended June 30, 2026, a 3.9% year-on-year decline, with operating profit down 38.2% to ¥260 million and profit almost wiped out at ¥2 million as basic ...
Syuppin grants restricted treasury shares to director as long-term incentive
Jul 21, 2026
Syuppin Co., Ltd. has approved the disposal of 9,124 treasury shares as restricted stock compensation to one internal director, valued at 1,096 yen per share for a total of about 10 million yen. The move is part of a previously established restric...
Syuppin’s May Sales Dip Slightly as System Shift Weighs on Online Revenue
Jul 14, 2026
Syuppin Co., Ltd. reported provisional net sales of 3,945 million yen for May 2026, down slightly year on year to 97.1 percent, with online sales at 2,878 million yen, or 86.0 percent of the prior year. Despite this softness, duty-free sales in it...
Syuppin Sets Record Date for Shareholder-Requested Extraordinary Meeting
Jul 14, 2026
Syuppin Co., Ltd. has resolved to convene an Extraordinary General Meeting of Shareholders after receiving a formal request from a shareholder, underscoring active shareholder engagement in the company’s governance. The board has set August ...
Syuppin Faces Shareholder-Driven Call for Extraordinary Meeting to Add Outside Directors
Jul 13, 2026
Syuppin Co., Ltd., a Tokyo Stock Exchange Prime-listed company, is led by CEO Masashi Saito and operates under Japan’s Companies Act with an ownership base that includes institutional investors such as investment funds. Its governance struct...
Syuppin Overhauls Management Structure to Support Governance and Growth
Jun 25, 2026
Syuppin Co., Ltd. has revamped its leadership structure following approval at its 21st annual general meeting, reappointing CEO and President Masashi Saito and several outside directors while adding two new outside directors, Aya Watanabe and Taku...
Syuppin’s April Sales Weaken on System Migration Disruptions
Jun 24, 2026
Syuppin Co., Ltd. reported net sales of 3,379 million yen for April 2026, with online sales of 2,199 million yen and a continued increase in online members to 789,132. Year-on-year, both total and online sales declined, while member growth remaine...
Syuppin Moves to Overhaul Governance After Harassment Probe
Jun 24, 2026
Syuppin Co., Ltd. has disclosed the results of an internal investigation into power harassment by its former president and CEO and concluded that the misconduct stemmed from excessive concentration of authority and weak governance and compliance f...
Syuppin Restores Map Camera Store on Rakuten After System Renewal Glitch
Jun 5, 2026
Syuppin Co., Ltd. has resumed operations at its Map Camera store on Rakuten Ichiba after a system renewal on April 1 caused a malfunction in links with external systems and forced a temporary suspension across some domestic e-commerce malls. The c...
Syuppin Announces VARECS Partners as New Largest Shareholder
Jun 4, 2026
Syuppin Co., Ltd. announced a change in its major shareholders, confirming that VARECS Partners Limited has become both a major shareholder and the largest shareholder based on a large shareholding amendment report filed with the Kanto Local Finan...
Syuppin Discloses Delayed Notice of Change in Largest Shareholder
Jun 4, 2026
Syuppin Co., Ltd. reported changes in its major shareholders and in the identity of its largest shareholder as of March 31, 2026, after discovering them via a preliminary shareholder registry received in early April. The company also acknowledged ...
Syuppin Withholds May 2026 Monthly Data After Core System Upgrade
Jun 1, 2026
Syuppin Co., Ltd., a Tokyo Stock Exchange Prime-listed retailer and e-commerce operator, has notified stakeholders that it will not disclose its monthly operating information for May 2026. The company emphasized that the delay follows the recent r...
Syuppin Strengthens Governance With Outside-Director-Dominated Board
May 21, 2026
Syuppin Co., Ltd. has overhauled its governance framework ahead of its June 25 annual general meeting, proposing a slate of five directors of whom four will be outside directors, shifting the board to a monitoring structure. The move accompanies a...
Syuppin Replaces CEO After Governance Lapse, Elevates COO Saito to Top Post
May 21, 2026
Syuppin Co., Ltd. has replaced former president and representative director Naohiko Ono with managing director and COO/CIO Masashi Saito as president and CEO following an internal governance issue. An external investigation confirmed that Ono made...
Syuppin Flags Board Governance Gaps, Sets Strategy and IT Reforms After Effectiveness Review
May 20, 2026
Syuppin Co., Ltd. has completed an annual evaluation of the effectiveness of its Board of Directors for the fiscal year ended March 31, 2026, using detailed self-evaluation questionnaires completed by all directors and Audit Supervisory Board mem...
Syuppin Raises Annual Dividend to 47 Yen, Signals Continued Stable Payout Policy
May 20, 2026
Syuppin Co., Ltd. has resolved to pay a year-end dividend of 47 yen per share for the fiscal year ended March 31, 2026, matching its prior forecast and exceeding the previous year’s 40 yen payout. The total dividend distribution will amount ...
Syuppin Sets Out Framework for New Medium-Term Management Plan
May 20, 2026
Syuppin Co., Ltd. has outlined a new medium-term management plan covering fiscal years ending March 2027 to March 2029, indicating a structured approach to its future growth and operations. The document framework highlights management policies and...
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.