Want to see JP:5344 full AI Analyst Report?
Top Page
Maruwa Co
(5344)
Select Model
Select Model
Rating:65Neutral
Price Target:
¥51,278.00
▼(-26.22% Downside)
Action:Downgraded
Date:08/09/26
The score is supported primarily by strong profitability and an exceptionally strong, low-leverage balance sheet, but it is held back by the latest negative free cash flow and clear bearish technical momentum. A high P/E and very low dividend yield further limit the attractiveness on valuation.
Positive Factors
Sustained Profitability
Consistently high gross and operating margins, together with solid net margins, show that Maruwa converts sales into profit efficiently. This profitability provides internal resources for product development and resilience while preserving the economics of its specialized ceramic component business.
Negative Factors
Negative Free Cash Flow
The shift to negative free cash flow means investment and/or working-capital requirements consumed cash despite strong reported profitability. If this pattern persists, it could weaken cash conversion, reduce internally funded investment capacity, and make earnings quality less dependable over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Profitability
Consistently high gross and operating margins, together with solid net margins, show that Maruwa converts sales into profit efficiently. This profitability provides internal resources for product development and resilience while preserving the economics of its specialized ceramic component business.
Read all positive factors
Maruwa Co (5344) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥599.61B
Dividend Yield0.21%
Average Volume (3M)91.09K
Price to Earnings (P/E)32.8
Beta (1Y)1.57
Revenue Growth4.98%
EPS Growth0.72%
CountryJP
Employees2,328
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)1508.77
Shares Outstanding12,372,000
10 Day Avg. Volume104,620
30 Day Avg. Volume91,090
Financial Highlights & Ratios
PEG Ratio-6.40
Price to Book (P/B)4.42
Price to Sales (P/S)8.75
P/FCF Ratio-117.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥81,000.00Price Target Upside16.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)2,033.9
Revenue Forecast (FY)¥92.72B
Maruwa Co Business Overview & Revenue Model
Company Description
Maruwa Co., Ltd., founded in 1973 and based in Owariasahi, Japan, is a key manufacturer and distributor of ceramic and electronic products. The company's diverse ceramic offerings include ceramic and advanced metalized/multilayer ceramic substrate...
Maruwa Co Financial Statement Overview
Summary
Income Statement
88
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 72.86B | 74.48B | 71.85B | 61.56B | 58.80B | 54.34B |
| Gross Profit | 39.97B | 39.16B | 38.60B | 30.14B | 29.83B | 26.76B |
| EBITDA | 31.29B | 31.75B | 31.85B | 25.16B | 24.26B | 21.91B |
| Net Income | 18.62B | 18.16B | 19.24B | 15.22B | 15.02B | 13.35B |
Balance Sheet | ||||||
| Total Assets | 141.28B | 162.69B | 142.28B | 122.52B | 108.03B | 95.90B |
| Cash, Cash Equivalents and Short-Term Investments | 69.69B | 67.19B | 71.79B | 55.25B | 49.80B | 44.62B |
| Total Debt | 0.00 | 0.00 | 0.00 | 400.00M | 733.00M | 1.70B |
| Total Liabilities | 9.81B | 15.43B | 14.43B | 13.31B | 13.81B | 16.22B |
| Stockholders Equity | 131.47B | 147.26B | 127.85B | 109.20B | 94.22B | 79.68B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -5.54B | 15.37B | 5.97B | 6.95B | 11.02B |
| Operating Cash Flow | 0.00 | 16.93B | 25.35B | 17.22B | 15.65B | 14.76B |
| Investing Cash Flow | 0.00 | -21.76B | -7.68B | -10.81B | -8.76B | -3.52B |
| Financing Cash Flow | 0.00 | -1.22B | -1.51B | -1.36B | -1.88B | -1.13B |
Maruwa Co Technical Analysis
Negative
69500.00
Price Trends
55295.82
Negative
60014.56
Negative
59221.11
Negative
Market Momentum
-1804.31
Positive
32.97
Neutral
6.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5344, the sentiment is Negative. The current price of 69500 is above the 20-day moving average (MA) of 54999.72, above the 50-day MA of 55295.82, and above the 200-day MA of 59221.11, indicating a bearish trend. The MACD of -1804.31 indicates Positive momentum. The RSI at 32.97 is Neutral, neither overbought nor oversold. The STOCH value of 6.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:5344.
Maruwa Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥770.47B | 24.32 | 8.79% | 2.14% | 15.94% | 6.46% | |
69 Neutral | ¥5.38T | 23.56 | ― | 1.38% | 21.98% | 57.54% | |
65 Neutral | ¥599.61B | 32.79 | 13.05% | 0.21% | 4.98% | 0.72% | |
65 Neutral | ¥12.46T | 47.64 | 9.94% | 1.04% | 10.31% | 24.82% | |
63 Neutral | ¥1.21T | 66.78 | ― | 0.97% | 5.60% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
49 Neutral | ¥183.32B | 27.88 | 4.63% | 2.04% | 7.73% | -29.74% |
* Technology Sector Average
JP:5344
Maruwa Co
47,700.00
10,609.43
28.60%
JP:6806
HIROSE ELECTRIC CO
23,610.00
4,095.97
20.99%
JP:6807
Japan Aviation Electronics Industry
2,614.00
-78.41
-2.91%
JP:6981
Murata Manufacturing Co
6,432.00
3,571.67
124.87%
JP:6762
TDK Corporation
2,780.50
410.48
17.32%
JP:6976
Taiyo Yuden Co., Ltd.
8,700.00
5,114.57
142.65%
Maruwa Co Corporate Events
Maruwa Raises Full-Year Earnings Forecast on Strong Telecom and Semiconductor Demand
Jul 29, 2026
Maruwa Co., Ltd. has sharply raised its consolidated earnings forecasts for the fiscal year ending March 31, 2027, citing stronger-than-expected business performance. The company now projects full-year net sales of ¥93.3 billion and operating...
Maruwa Lifts Q1 Earnings and Upgrades Full-Year Outlook
Jul 29, 2026
Maruwa reported solid results for the first quarter of fiscal 2026, with net sales rising 11.7% year on year to ¥19.27 billion and profit attributable to owners of parent increasing 15.2% to ¥4.47 billion, lifting basic earnings per shar...
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.