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Nozawa Corp. (JP:5237)
:5237
Japanese Market
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Nozawa Corp. (5237) AI Stock Analysis

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JP:5237

Nozawa Corp.

(5237)

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Neutral 58 (OpenAI - 5.2)
Rating:58Neutral
Price Target:
¥1,288.00
▲(27.27% Upside)
Action:Downgraded
Date:05/16/26
The score is held back mainly by weak recent cash flow (two years of negative free cash flow) and bearish technical momentum (negative MACD and trading below key short-term averages). These are partially offset by strong balance-sheet conservatism (minimal/zero debt), improved operating profitability, and a supportive dividend yield.
Positive Factors
Balance-sheet conservatism
Nozawa's near-zero debt position materially reduces refinancing and interest-rate risk, preserving financial flexibility. This conservatism supports capital allocation for capex, dividends or M&A even if cash flow remains uneven, making the business more resilient over the medium term.
Negative Factors
Negative free cash flow
FCF turning negative for two consecutive years signals weakened cash conversion and raises persistent funding and quality-of-earnings concerns. If cash absorption persists, the company may face durable working-capital pressure or need to reallocate capital away from growth or returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet conservatism
Nozawa's near-zero debt position materially reduces refinancing and interest-rate risk, preserving financial flexibility. This conservatism supports capital allocation for capex, dividends or M&A even if cash flow remains uneven, making the business more resilient over the medium term.
Read all positive factors

Nozawa Corp. (5237) vs. iShares MSCI Japan ETF (EWJ)

Nozawa Corp. Business Overview & Revenue Model

Company Description
Nozawa Corporation, a Japanese entity, specializes in the production and distribution of extruded cement panels. Their primary product line includes standard flat panels, decorative rib and embossed designs, and pre-finished coated panels. These s...
How the Company Makes Money
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Nozawa Corp. Financial Statement Overview

Summary
Revenue rebounded strongly in 2026 and operating profitability improved versus prior years, supported by a very conservative, near zero-debt balance sheet. Offsetting this, net margin declined materially in 2026 and cash generation deteriorated sharply, with negative free cash flow in both 2025 and 2026—raising quality-of-earnings and near-term funding/working-capital risk despite balance-sheet strength.
Income Statement
66
Positive
Balance Sheet
88
Very Positive
Cash Flow
41
Neutral
BreakdownMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue22.31B21.95B23.07B20.98B20.55B
Gross Profit6.31B6.12B6.57B5.74B6.77B
EBITDA2.82B2.49B2.14B1.45B2.93B
Net Income605.21M1.16B874.81M486.60M1.71B
Balance Sheet
Total Assets30.45B30.24B29.48B28.39B27.81B
Cash, Cash Equivalents and Short-Term Investments5.72B6.75B7.39B6.99B7.02B
Total Debt0.0010.83M25.33M40.21M59.86M
Total Liabilities8.52B9.57B9.67B9.91B9.46B
Stockholders Equity21.93B20.67B19.81B18.48B18.35B
Cash Flow
Free Cash Flow-556.60M-322.39M870.88M222.43M1.47B
Operating Cash Flow236.70M431.67M2.03B782.32M2.15B
Investing Cash Flow-790.45M-647.65M-1.22B-333.30M-632.99M
Financing Cash Flow-478.84M-417.92M-413.69M-474.22M-454.54M

Nozawa Corp. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1012.00
Price Trends
50DMA
1150.94
Positive
100DMA
1155.45
Positive
200DMA
1077.35
Positive
Market Momentum
MACD
19.36
Negative
RSI
57.16
Neutral
STOCH
39.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5237, the sentiment is Positive. The current price of 1012 is below the 20-day moving average (MA) of 1160.15, below the 50-day MA of 1150.94, and below the 200-day MA of 1077.35, indicating a bullish trend. The MACD of 19.36 indicates Negative momentum. The RSI at 57.16 is Neutral, neither overbought nor oversold. The STOCH value of 39.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5237.

Nozawa Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
¥35.85B8.633.59%6.27%28.43%
68
Neutral
¥128.77B10.7012.89%3.40%3.44%-2.97%
68
Neutral
¥5.86B6.994.13%2.80%4.71%
58
Neutral
¥13.61B23.203.90%1.63%-48.24%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
¥100.72B40.613.53%-3.19%-5.15%
54
Neutral
¥8.93B4.412.89%-3.13%-8.26%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5237
Nozawa Corp.
1,194.00
320.11
36.63%
JP:5930
Bunka Shutter Co., Ltd.
1,914.00
-361.18
-15.87%
JP:5936
Toyo Shutter Co., Ltd.
925.00
141.19
18.01%
JP:5940
Fujisash Co., Ltd.
715.00
51.16
7.71%
JP:7943
Nichiha Corporation
2,982.00
67.67
2.32%
JP:7971
Toli Corporation
658.00
187.77
39.93%
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: May 16, 2026