Yotai Refractories Co., Ltd. AI Stock Analysis
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Yotai Refractories Co., Ltd. (5357) AI Stock Analysis
Yotai Refractories Co., Ltd.
(TSE/TYO:5357)
The score is driven primarily by strong financial quality (especially an exceptionally low-debt balance sheet) and a favorable valuation mix (moderate P/E plus a ~5% dividend yield). Technicals also support the rating with the stock trading above key moving averages and positive MACD. The main offset is inconsistent cash-flow conversion versus reported earnings, alongside some margin normalization from the 2024 peak.
Yotai Refractories Co., Ltd. (5357) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 30.61B
- Dividend Yield
- 5.42%
- Average Volume (3M)
- 48.26K
- Price to Earnings (P/E)
- 11.2
- Beta (1Y)
- 0.45
- Revenue Growth
- 4.27%
- EPS Growth
- 27.05%
- Country
- Japan
- Employees
- 537
- Sector
- General
- Sector Strength
- 55
- Industry
- Other Precious Metals
Yotai Refractories Co., Ltd. Business Overview & Revenue Model
Company Description
Yotai Refractories Co., Ltd., manufactures and sells refractories and ceramics in Japan and internationally. It operates through Refractories and Engineering segments. The company offers fireproof bricks from various materials, including alkaline, hi...
How the Company Makes Money
Yotai Refractories generates revenue primarily by selling refractory materials (e.g., shaped refractories such as refractory bricks and unshaped/monolithic refractories such as castables and ramming mixes) to industrial customers that operate high-te...
Yotai Refractories Co., Ltd. Financial Statement Overview
Summary
Strong overall fundamentals led by an exceptionally conservative balance sheet (minimal leverage; high Balance Sheet Score of 92). Income performance is solid (Income Statement Score 74) with steady revenue since 2022, though growth has moderated and margins/net income have softened from the 2024 peak. The key drag is uneven cash conversion (Cash Flow Score 58), with operating cash flow often well below net income, reducing confidence in earnings durability.
Income Statement
74PositiveBalance Sheet
92Very PositiveCash Flow
58Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 29.90B | 29.59B | 29.31B | 29.13B | 28.25B | 25.91B |
| Gross Profit | 6.43B | 6.37B | 6.19B | 6.13B | 6.35B | 6.30B |
| EBITDA | 5.03B | 5.02B | 4.87B | 4.79B | 5.06B | 4.96B |
| Net Income | 2.74B | 2.47B | 2.62B | 3.88B | 2.97B | 2.97B |
Balance Sheet | ||||||
| Total Assets | 43.58B | 42.23B | 42.08B | 43.29B | 40.28B | 39.25B |
| Cash, Cash Equivalents and Short-Term Investments | 6.31B | 5.75B | 6.41B | 6.46B | 5.84B | 8.54B |
| Total Debt | 1.00B | 185.41M | 356.96M | 219.26M | 268.68M | 46.80M |
| Total Liabilities | 8.91B | 7.81B | 9.13B | 10.76B | 9.21B | 9.14B |
| Stockholders Equity | 34.67B | 34.43B | 32.95B | 32.53B | 31.07B | 30.11B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 1.06B | 2.12B | 1.90B | -164.90M | -717.66M |
| Operating Cash Flow | 0 | 2.50B | 4.43B | 3.86B | 1.78B | 421.63M |
| Investing Cash Flow | 0 | -1.49B | -2.25B | -754.50M | -1.95B | -1.21B |
| Financing Cash Flow | 0 | -1.69B | -2.26B | -2.54B | -2.54B | -2.11B |
Yotai Refractories Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5357, the sentiment is Neutral. The current price of 1660.00 is above the 20-day moving average (MA) of 1656.65, below the 50-day MA of 1684.00, and below the 200-day MA of 1716.26, indicating a neutral trend. The MACD of -10.04 indicates Negative momentum. The RSI at 48.66 is Neutral, neither overbought nor oversold. The STOCH value of 77.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5357.
Yotai Refractories Co., Ltd. Peers Comparison
Overall Rating
JP:535681.5Outperform- JP:535778Outperform
JP:538876Outperform
JP:523363Neutral
JP:523259Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:5356 | 82Outperform | JPY 12.40B | 10.24 | ― | 3.88% | 0.84% | -4.69% |
| JP:5357 | 78Outperform | JPY 24.58B | 11.15 | ― | 5.42% | 4.27% | 27.05% |
| JP:5388 | 76Outperform | JPY 16.49B | 10.32 | ― | 3.13% | 11.89% | 34.21% |
| JP:5233 | 63Neutral | JPY 460.69B | 11.91 | 5.58% | 2.69% | 4.36% | -25.05% |
| JP:5232 | 59Neutral | JPY 169.58B | 15.24 | 5.65% | 4.54% | 7.57% | -16.45% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:5357 | Yotai Refractories Co., Ltd. | 1660.00 | 36.10 | 2.22% | |
| JP:5232 | Sumitomo Osaka Cement Co | 1764.00 | 529.55 | 42.90% | |
| JP:5233 | Taiheiyo Cement Corporation | 4083.00 | 429.46 | 11.75% | |
| JP:5356 | Mino Ceramic Co., Ltd. | 1210.00 | 6.17 | 0.51% | |
| JP:5388 | Kunimine Industries Co., Ltd | 1278.00 | 176.98 | 16.07% |
Yotai Refractories Co., Ltd. Corporate Events
Yotai Refractories Completes Restricted Stock Treasury Share Disposal
Yotai Refractories has completed payment procedures for the disposal of 12,258 treasury shares as restricted stock remuneration to its management team, following a July 10, 2026 board resolution. The shares, priced at 1,745 yen each for a total of 21...
Yotai Refractories Posts Profit Surge on Modest Sales Growth, Keeps Forecast and Dividend Plan
Yotai Refractories reported consolidated net sales of ¥7.22 billion for the quarter ended June 30, 2026, up 4.6% year on year, with operating profit edging up 1.3% to ¥582 million and ordinary profit roughly flat at ¥643 million. Profit attributable...
Yotai Refractories to Allocate Treasury Shares Under Restricted Stock Plan
Yotai Refractories has approved the disposal of 12,258 treasury shares as restricted stock, valued at about 21.39 million yen, to four directors and seven executive officers who do not serve concurrently as directors. The shares will be allocated at...
Yotai Refractories Details Governance and Ownership of Parent Aso Corporation
Yotai Refractories disclosed the finalized financial results of its non-listed parent Aso Corporation for the fiscal year ended March 31, 2026, highlighting the parent’s role and ownership stake in the listed refractory maker. Aso Corporation, a heal...
Yotai Refractories Moves to Restore TSE Prime Listing Compliance
Yotai Refractories has been deemed non-compliant with the Tokyo Stock Exchange Prime Market’s continued listing criteria because its tradable share ratio of 34.2% falls short of the 35.0% threshold. The company has until March 2027 to restore complia...
Yotai Refractories Clarifies Influence of ASO Group and Affiliated Shareholders
Yotai Refractories has disclosed that ASNF HOLDINGS GK and ASO Corporation are classified as other affiliated companies, each effectively holding 35.51% of the company’s voting rights through direct and aggregated ownership. ASNF HOLDINGS GK is a who...
Yotai Refractories Corrects Cash Flow Figures in FY2026 Results
Yotai Refractories Co., Ltd. has issued a partial correction to its consolidated financial results for the fiscal year ended March 31, 2026, under Japanese GAAP. The company identified numerical aggregation errors in its consolidated statement of cas...
Yotai Refractories Posts Slight Sales Gain and Lower Profit but Keeps Dividend Steady
Yotai Refractories reported a marginal 1.0% increase in net sales to ¥29.6 billion for the fiscal year ended March 31, 2026, with operating profit up 3.2% and ordinary profit up 3.6%, while profit attributable to owners of parent fell 5.8% and earnin...
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