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Shoei Yakuhin Co., Ltd. (JP:3537)
:3537
Japanese Market
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Shoei Yakuhin Co., Ltd. (3537) AI Stock Analysis

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JP:3537

Shoei Yakuhin Co., Ltd.

(3537)

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Outperform 72 (OpenAI - 5.2)
Rating:72Outperform
Price Target:
¥1,919.00
▲(23.41% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong balance-sheet quality and attractive valuation (low P/E with a decent dividend). Offsetting these positives are thin operating margins and inconsistent cash-flow conversion, while technicals are supportive but appear overextended near-term (RSI ~70, high Stochastic).
Positive Factors
Very low and improving leverage
Minimal leverage and declining debt reduce financial risk, interest burden and refinancing dependence. This conservative capital structure gives Shoei Yakuhin flexibility to withstand operating volatility and fund its healthcare distribution activities through changing market conditions.
Negative Factors
Persistently thin operating margins
Low margins leave limited room to absorb higher procurement, logistics or personnel costs. They also make earnings sensitive to pricing pressure and competitive dynamics, reducing the durability of profits even if revenue continues to grow modestly.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low and improving leverage
Minimal leverage and declining debt reduce financial risk, interest burden and refinancing dependence. This conservative capital structure gives Shoei Yakuhin flexibility to withstand operating volatility and fund its healthcare distribution activities through changing market conditions.
Read all positive factors

Shoei Yakuhin Co., Ltd. (3537) vs. iShares MSCI Japan ETF (EWJ)

Shoei Yakuhin Co., Ltd. Business Overview & Revenue Model

Company Description
Shoei Yakuhin Co.,Ltd., established in 1937 and based in Osaka, Japan, operates as a global trading company with a presence in Japan, China, Thailand, and Singapore. The firm specializes in distributing a wide array of products across three main c...
How the Company Makes Money
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Shoei Yakuhin Co., Ltd. Financial Statement Overview

Summary
Overall fundamentals are stable and conservatively financed. The balance sheet is a clear strength with very low and improving leverage, but profitability remains thin (gross margin ~8%, operating/net margins ~2%) and cash-flow quality is the key concern given multiple years of negative operating cash flow and uneven free cash flow.
Income Statement
64
Positive
Balance Sheet
86
Very Positive
Cash Flow
52
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue27.99B26.92B25.01B22.60B24.53B21.15B
Gross Profit2.29B2.16B2.10B1.89B1.89B1.65B
EBITDA604.28M518.14M572.51M454.11M502.38M324.17M
Net Income627.10M557.06M527.41M491.91M484.56M578.64M
Balance Sheet
Total Assets18.89B17.81B17.10B16.82B14.86B14.55B
Cash, Cash Equivalents and Short-Term Investments1.15B1.45B1.91B2.19B1.53B1.15B
Total Debt170.00M150.00M600.00M600.00M650.00M706.35M
Total Liabilities9.25B8.39B8.16B8.68B7.49B7.59B
Stockholders Equity9.63B9.42B8.94B8.14B7.37B6.95B
Cash Flow
Free Cash Flow0.00101.38M-179.41M817.71M634.51M-399.94M
Operating Cash Flow0.00103.53M-171.65M818.26M644.57M-398.37M
Investing Cash Flow0.00317.13M-21.01M-18.43M-30.11M382.73M
Financing Cash Flow0.00-583.02M-129.27M-172.14M-269.32M-62.48M

Shoei Yakuhin Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1555.00
Price Trends
50DMA
1662.76
Positive
100DMA
1632.11
Positive
200DMA
1579.01
Positive
Market Momentum
MACD
18.45
Positive
RSI
59.13
Neutral
STOCH
57.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3537, the sentiment is Positive. The current price of 1555 is below the 20-day moving average (MA) of 1707.65, below the 50-day MA of 1662.76, and below the 200-day MA of 1579.01, indicating a bullish trend. The MACD of 18.45 indicates Positive momentum. The RSI at 59.13 is Neutral, neither overbought nor oversold. The STOCH value of 57.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3537.

Shoei Yakuhin Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
¥5.95B9.342.49%8.57%22.67%
71
Outperform
¥10.61B5.814.48%2.58%5.69%512.03%
71
Outperform
¥9.29B6.472.84%5.41%
71
Outperform
¥8.69B28.486.58%-4.65%-0.74%
69
Neutral
¥5.28B8.851.22%0.03%30.72%
67
Neutral
¥9.51B6.951.35%2.22%149.18%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3537
Shoei Yakuhin Co., Ltd.
1,712.00
0.57
0.03%
JP:4234
Sun A. Kaken Co., Ltd.
955.00
405.06
73.66%
JP:4119
Nippon Pigment Company, Limited
5,910.00
2,395.49
68.16%
JP:4406
New Japan Chemical Co., Ltd.
254.00
25.59
11.20%
JP:4990
Showa Chemical Industry Co., Ltd.
505.00
19.05
3.92%
JP:5695
Powdertech Co., Ltd.
2,950.00
758.78
34.63%

Shoei Yakuhin Co., Ltd. Corporate Events

Shoei Yakuhin Posts Strong Q1 Earnings with Double-Digit Profit Growth
Aug 6, 2026
Shoei Yakuhin Co., Ltd. reported strong consolidated results for the first quarter of the fiscal year ending March 2027, with net sales rising 15.9% year on year to ¥7,817 million and operating profit climbing 63.1% to ¥222 million. Ordi...
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: Aug 17, 2026