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Matsuoka Corp. Ltd. (JP:3611)
:3611
Japanese Market
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Matsuoka Corp. Ltd. (3611) AI Stock Analysis

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JP:3611

Matsuoka Corp. Ltd.

(3611)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
¥2,813.00
▲(15.15% Upside)
Action:Upgraded
Date:08/17/26
The score is driven primarily by improving financial performance with solid balance-sheet support, tempered by earnings and cash-flow volatility. Valuation is a key positive (low P/E and ~4% dividend yield). Technicals are moderately supportive with price above key moving averages, but momentum readings are neutral rather than strong.
Positive Factors
Revenue Recovery
The strong revenue rebound indicates improving customer demand and greater operating scale. Sustained order growth would support better utilization of the company’s sourcing and production network and provide a foundation for continued earnings recovery.
Negative Factors
Gross Margin Compression
Lower gross margins indicate that procurement, manufacturing, logistics, or pricing pressures have reduced the value captured on each sale. Persistent compression could limit the benefit of revenue growth and make earnings more sensitive to cost changes.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The strong revenue rebound indicates improving customer demand and greater operating scale. Sustained order growth would support better utilization of the company’s sourcing and production network and provide a foundation for continued earnings recovery.
Read all positive factors

Matsuoka Corp. Ltd. (3611) vs. iShares MSCI Japan ETF (EWJ)

Matsuoka Corp. Ltd. Business Overview & Revenue Model

Company Description
Matsuoka Corporation, headquartered in Fukuyama, Japan, was established in 1956 and operates globally, specializing in the design, production, and sale of various garments. The company's operations encompass the tailoring of formal, casual, work, ...
How the Company Makes Money
Matsuoka generates revenue mainly by supplying apparel and textile-related products to client companies under OEM/ODM-type arrangements. In this model, it earns sales by (1) receiving orders tied to customer product specifications and volumes, (2)...

Matsuoka Corp. Ltd. Financial Statement Overview

Summary
Financials show a clear recovery into 2026 with revenue rising (¥60.2B in 2024 to ¥74.3B in 2026) and net income improving (¥0.56B in 2022 to ¥3.12B in 2026). Balance sheet strength is solid with steadily expanding equity (¥24.1B in 2021 to ¥39.9B in 2026) and moderate leverage, alongside declining debt in 2026. The main constraint is volatility: gross margin compression versus earlier years, sharp swings in operating profit, and choppy free cash flow (notably weaker in 2025) reduce confidence in consistency.
Income Statement
67
Positive
Balance Sheet
74
Positive
Cash Flow
61
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue72.36B74.25B70.58B60.18B62.78B51.06B
Gross Profit7.05B8.76B6.59B6.48B5.79B4.77B
EBITDA4.62B7.43B6.58B6.60B4.89B2.49B
Net Income2.15B3.12B2.60B2.46B1.68B559.00M
Balance Sheet
Total Assets69.69B75.17B72.45B65.70B59.30B51.88B
Cash, Cash Equivalents and Short-Term Investments19.93B21.60B20.15B18.00B15.06B15.84B
Total Debt16.52B14.95B16.23B14.85B14.84B9.02B
Total Liabilities31.60B31.61B31.92B29.63B26.99B22.43B
Stockholders Equity34.90B39.94B37.56B33.26B29.47B26.85B
Cash Flow
Free Cash Flow0.003.21B601.00M2.89B-6.82B-1.75B
Operating Cash Flow0.006.07B2.72B5.41B-506.00M821.00M
Investing Cash Flow0.00-4.10B-2.03B-2.58B-6.20B-2.81B
Financing Cash Flow0.00-2.18B705.00M-753.00M4.91B3.15B

Matsuoka Corp. Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2443.00
Price Trends
50DMA
2483.00
Positive
100DMA
2355.92
Positive
200DMA
2324.79
Positive
Market Momentum
MACD
12.65
Negative
RSI
51.73
Neutral
STOCH
72.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3611, the sentiment is Positive. The current price of 2443 is below the 20-day moving average (MA) of 2481.35, below the 50-day MA of 2483.00, and above the 200-day MA of 2324.79, indicating a bullish trend. The MACD of 12.65 indicates Negative momentum. The RSI at 51.73 is Neutral, neither overbought nor oversold. The STOCH value of 72.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3611.

Matsuoka Corp. Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
¥184.02B12.7310.37%2.39%11.57%10.78%
74
Outperform
¥26.06B7.863.75%5.38%48.88%
74
Outperform
¥121.14B13.252.66%0.03%16.40%
72
Outperform
¥114.93B19.821.79%9.28%21.28%
63
Neutral
¥13.52B14.324.80%20.31%6.98%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
54
Neutral
¥16.72B-46.553.46%2.71%-150.80%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3611
Matsuoka Corp. Ltd.
2,501.00
644.95
34.75%
JP:3569
Seiren Co
3,500.00
533.90
18.00%
JP:3104
Fujibo Holdings, Inc.
3,450.00
1,327.43
62.54%
JP:3109
Shikibo Ltd.
1,084.00
117.84
12.20%
JP:3201
Japan Wool Textile Co., Ltd.
1,976.00
404.47
25.74%
JP:3501
Suminoe Textile Co., Ltd.
1,193.00
47.33
4.13%

Matsuoka Corp. Ltd. Corporate Events

Matsuoka Posts Higher Q1 Sales and Profit, Affirms Full-Year Forecast and Dividend Plan
Aug 7, 2026
Matsuoka Corporation reported consolidated net sales of ¥18.96 billion for the three months ended June 30, 2026, an 11.8% year-on-year increase, while operating profit fell 28.4% to ¥148 million and ordinary profit rose 45.5% to ¥1....
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