INABA SEISAKUSHO Co., Ltd. (3421) AI Stock Analysis

INABA SEISAKUSHO Co., Ltd.

(TSE/TYO:3421)

Select Model

Rating:59Neutral

Price Target:JPY 1,568.00▲(4.32% Upside)

Action:reiterated

Date:09/12/26

The score is primarily supported by strong balance-sheet resilience and moderate valuation with a ~2.6% dividend yield. Offsetting this, financial performance has weakened (sharp revenue decline and margin compression) and technical indicators point to negative near-term momentum.

Positive Factors

Very Low LeverageExtremely low leverage gives the company substantial financial resilience and limits the burden of debt service. Its conservative funding structure should preserve flexibility to withstand weaker operating conditions and support investment without relying heavily on additional borrowing.

Negative Factors

Sharp Revenue DeclineThe sharp latest-year revenue contraction points to a material weakening in business activity rather than sustained expansion. If this decline persists, it can reduce scale benefits, pressure fixed-cost absorption, and make it harder for the company to rebuild earnings over the next several quarters.

INABA SEISAKUSHO Co., Ltd. (3421) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 23.61B
Dividend Yield: 2.93%
Average Volume (3M): 31.07K
Price to Earnings (P/E): 15.4
Beta (1Y): 0.57
Revenue Growth: -1.04%
EPS Growth: 1.66%
Country: Japan
Employees: 1,073
Sector: Consumer Cyclical
Sector Strength: 61
Industry: Construction Materials

INABA SEISAKUSHO Co., Ltd. Business Overview & Revenue Model

Company Description

Inaba Seisakusho Co., Ltd. engages in the engineering, manufacture, sale, and support of office furniture and outdoor storage sheds in Japan. The company operates in two segments, Steel Storage Units and Office Furniture. The Steel Storage Units segm...

INABA SEISAKUSHO Co., Ltd. Financial Statement Overview

Summary

Overall fundamentals are mixed: the balance sheet is very strong with extremely low leverage, but operating performance has deteriorated with a sharp latest-year revenue decline and margin compression. Cash flow remains positive, yet free cash flow has stepped down and cash conversion versus earnings is only moderate.

Income Statement

58Neutral

Balance Sheet

88Very Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Jul 2026	Jul 2025	Jul 2024	Jul 2023	Jul 2022
Income Statement
Total Revenue	41.47B	41.47B	41.91B	42.41B	41.82B	39.15B
Gross Profit	10.05B	10.05B	10.04B	11.18B	10.51B	9.62B
EBITDA	3.67B	3.51B	3.87B	5.32B	4.75B	4.14B
Net Income	1.55B	1.55B	1.55B	2.44B	1.97B	1.52B
Balance Sheet
Total Assets	60.49B	60.49B	59.93B	60.94B	59.48B	59.35B
Cash, Cash Equivalents and Short-Term Investments	17.04B	17.04B	17.55B	17.30B	17.25B	16.21B
Total Debt	1.24B	1.24B	2.39M	2.39M	4.95M	7.51M
Total Liabilities	15.72B	15.72B	15.91B	17.37B	17.05B	18.58B
Stockholders Equity	44.77B	44.77B	44.02B	43.57B	42.44B	40.77B
Cash Flow
Free Cash Flow	0	541.43M	693.00M	1.35B	1.40B	1.16B
Operating Cash Flow	0	3.64B	3.02B	3.71B	2.98B	3.09B
Investing Cash Flow	0	-3.04B	-1.89B	-2.26B	-1.70B	-2.22B
Financing Cash Flow	0	-984.75M	-1.19B	-1.40B	-434.11M	-532.81M

INABA SEISAKUSHO Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price1503.00

Price Trends

50DMA1637.70Negative

100DMA1680.22Negative

200DMA1667.03Negative

Market Momentum

MACD-32.45Positive

RSI27.12Positive

STOCH8.18Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3421, the sentiment is Negative. The current price of 1503.00 is below the 20-day moving average (MA) of 1559.00, below the 50-day MA of 1637.70, and below the 200-day MA of 1667.03, indicating a bearish trend. The MACD of -32.45 indicates Positive momentum. The RSI at 27.12 is Positive, neither overbought nor oversold. The STOCH value of 8.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3421.

INABA SEISAKUSHO Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

JP:3421 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:5951	82Outperform	JPY 20.23B	12.99	―	2.24%	-0.29%	21.56%
JP:5947	73Outperform	JPY 489.66B	13.36	8.60%	2.94%	3.53%	25.11%
JP:5946	68Neutral	JPY 65.70B	22.33	2.20%	2.31%	-1.15%	31.88%
Sector *	61Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
JP:3421	59Neutral	JPY 23.35B	15.36	―	2.93%	-1.04%	1.66%
JP:5909	53Neutral	JPY 26.22B	27.30	―	3.11%	-0.78%	37.24%
JP:6612	45Neutral	JPY 4.79B	-3.13	―	―	-17.90%	-321.67%

* Consumer Cyclical Sector Average

Performance Comparison

JP:3421 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:3421	INABA SEISAKUSHO Co., Ltd.	1500.00	-55.02	-3.54%
JP:5946	Chofu Seisakusho Co	1991.00	70.23	3.66%
JP:5947	Rinnai Corporation	3500.00	195.11	5.90%
JP:5909	Corona Corporation	900.00	4.29	0.48%
JP:5951	Dainichi Co., Ltd.	1250.00	358.16	40.16%
JP:6612	BALMUDA, Inc.	562.00	-225.00	-28.59%

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: Sep 12, 2026

INABA SEISAKUSHO Co., Ltd. AI Stock Analysis