ASAHI EITO HOLDINGS CO. LTD. (5341) AI Stock Analysis

ASAHI EITO HOLDINGS CO. LTD.

(TSE/TYO:5341)

Select Model

Rating:38Underperform

Price Target:JPY 168.00▼(-26.64% Downside)

Action:reiterated

Date:10/30/26

The overall score is severely impacted by the company's inability to generate profits or positive cash flow despite strong revenue growth. Technicals confirm a bearish trend, and the negative P/E ratio underscores the lack of earnings. The primary risk is the ongoing cash burn, which threatens financial stability.

Positive Factors

Historical Revenue ExpansionRevenue expanded substantially across the past several years, demonstrating that the ceramic and building-materials group has achieved meaningful operating scale. This established demand base can support future earnings recovery if management converts sales growth into sustainable margins.

Negative Factors

Persistent UnprofitabilityRepeated operating and net losses since 2021 show that the business has not yet demonstrated durable earnings power. Persistent unprofitability can weaken retained equity over time, restrict internal investment capacity, and make future growth dependent on a successful margin turnaround.

ASAHI EITO HOLDINGS CO. LTD. (5341) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 2.14B
Dividend Yield: ―
Average Volume (3M): 206.76K
Price to Earnings (P/E): -6.6
Beta (1Y): 0.66
Revenue Growth: -0.06%
EPS Growth: 45.85%
Country: Japan
Employees: 146
Sector: Consumer Defensive
Sector Strength: 62
Industry: Household & Personal Products

ASAHI EITO HOLDINGS CO. LTD. Business Overview & Revenue Model

Company Description

Asahi Eito Holdings Co.,Ltd. is engaged in the manufacturing and distribution of a comprehensive range of sanitary and washroom fixtures. Their product offerings encompass items such as bathroom vanities, water closets, toilet mirrors, various counte...

ASAHI EITO HOLDINGS CO. LTD. Financial Statement Overview

Summary

Strong revenue growth (17% CAGR) and stable gross margins are overshadowed by persistent net losses and consistently negative operating and free cash flows, indicating severe profitability and cash generation issues.

Income Statement

35Negative

Balance Sheet

40Negative

Cash Flow

20Very Negative

Financial statement breakdown
Breakdown	TTM	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021
Income Statement
Total Revenue	4.22B	4.34B	3.97B	3.52B	2.28B	1.77B
Gross Profit	1.38B	1.32B	1.23B	827.73M	689.76M	654.95M
EBITDA	-136.77M	-224.28M	-270.65M	-429.79M	-164.41M	19.05M
Net Income	-249.30M	-340.79M	-374.90M	-623.21M	-163.43M	-41.92M
Balance Sheet
Total Assets	3.02B	2.57B	2.55B	2.79B	2.07B	2.05B
Cash, Cash Equivalents and Short-Term Investments	717.72M	525.09M	464.78M	385.03M	325.52M	907.88M
Total Debt	703.59M	701.57M	760.56M	897.36M	572.79M	689.77M
Total Liabilities	1.40B	1.53B	1.46B	1.61B	861.83M	906.39M
Stockholders Equity	1.61B	1.03B	1.07B	1.13B	1.20B	1.15B
Cash Flow
Free Cash Flow	-151.17M	-151.17M	-189.89M	-122.68M	-517.52M	-38.19M
Operating Cash Flow	-100.88M	-100.88M	-165.69M	-104.44M	-501.62M	-35.02M
Investing Cash Flow	-78.91M	-78.91M	18.09M	129.99M	-52.55M	-28.58M
Financing Cash Flow	198.32M	198.32M	227.73M	33.96M	-20.57M	152.88M

ASAHI EITO HOLDINGS CO. LTD. Technical Analysis

Technical Analysis SentimentPositive

Last Price229.00

Price Trends

50DMA140.34Positive

100DMA154.87Positive

200DMA198.08Positive

Market Momentum

MACD7.81Negative

RSI81.65Negative

STOCH87.62Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5341, the sentiment is Positive. The current price of 229.00 is above the 20-day moving average (MA) of 135.90, above the 50-day MA of 140.34, and above the 200-day MA of 198.08, indicating a bullish trend. The MACD of 7.81 indicates Negative momentum. The RSI at 81.65 is Negative, neither overbought nor oversold. The STOCH value of 87.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5341.

ASAHI EITO HOLDINGS CO. LTD. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

JP:5341 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:4933	83Outperform	JPY 43.78B	19.57	―	0.89%	13.71%	-16.12%
JP:4925	80Outperform	JPY 6.32B	9.28	―	2.39%	0.16%	6.35%
JP:4918	71Outperform	JPY 1.71B	8.86	―	4.97%	-6.17%	-55.84%
JP:4920	65Neutral	JPY 2.32B	8.64	―	2.71%	9.96%	2053.18%
JP:4926	65Neutral	JPY 5.30B	28.91	―	1.61%	3.17%	-27.27%
Sector *	62Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
JP:5341	38Underperform	JPY 2.19B	-6.59	―	―	-0.06%	45.85%

* Consumer Defensive Sector Average

Performance Comparison

JP:5341 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:5341	ASAHI EITO HOLDINGS CO. LTD.	229.00	-112.00	-32.84%
JP:4918	Ivy Cosmetics Corporation	302.00	-18.72	-5.84%
JP:4920	Nippon Shikizai, Inc.	1106.00	54.54	5.19%
JP:4925	HABA Laboratories, Inc.	1671.00	41.05	2.52%
JP:4926	C'BON COSMETICS Co., Ltd.	1239.00	62.33	5.30%
JP:4933	I-ne CO., LTD.	2460.00	1222.73	98.82%

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: Oct 30, 2026

ASAHI EITO HOLDINGS CO. LTD. AI Stock Analysis