Fujisash Co., Ltd. (5940) AI Stock Analysis

• Market Cap: ¥9.89B
• Dividend Yield: 3.14%
• Average Volume (3M): 27.85K
• Price to Earnings (P/E): 4.2
• Beta (1Y): 0.69
• Revenue Growth: 3.90%
• EPS Growth: 9.38%
• Country: JP
• Employees: 2,919
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): -37.85
• Shares Outstanding: 12,626,782
• 10 Day Avg. Volume: 18,540
• 30 Day Avg. Volume: 27,853
• PEG Ratio: 0.13
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.08
• P/FCF Ratio: -3.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: ¥862.00 ▲(8.29% Upside)

The overall stock score of 64 reflects a strong valuation with an attractive P/E ratio and dividend yield, offset by weak technical indicators and challenges in cash flow management. The company's financial performance shows potential for growth, but improvements in cash conversion are needed to support long-term stability.

Fujisash Co., Ltd. Business Overview & Revenue Model

Company Description

Fujisash Co., Ltd. (5940) is a prominent Japanese company specializing in the manufacturing and distribution of building materials, particularly aluminum sash and window systems. The company operates primarily in the construction and housing sectors, providing innovative products designed for energy efficiency and aesthetic appeal. Fujisash's core offerings include a range of window frames, door systems, and related construction materials that cater to both residential and commercial markets.

How the Company Makes Money

Fujisash Co., Ltd. generates revenue through the sale of its aluminum sash and window systems, which are essential components in building construction and renovation. The company's revenue model is primarily based on direct sales to construction firms, contractors, and home builders. Key revenue streams include bulk orders from commercial projects, retail sales through partnerships with home improvement stores, and custom solutions for specific building requirements. Additionally, Fujisash may benefit from strategic partnerships with architects and construction firms that specify its products for their projects, enhancing brand visibility and driving sales. The company also focuses on innovation and energy-efficient solutions, which can attract customers looking to comply with environmental standards, further contributing to its earnings.

Fujisash Co., Ltd. Financial Statement Overview

Summary

Fujisash Co., Ltd. demonstrates solid revenue growth and operational efficiency improvements, as reflected in better EBIT and EBITDA margins. However, the cash flow analysis highlights challenges in cash generation and management, which could impact future growth.

Income Statement

Fujisash Co., Ltd. has shown consistent revenue growth, with a 3.45% increase from 2024 to 2025. Gross profit margins have been stable around 15-16%, indicating efficient cost management. However, net profit margins are relatively low at around 2%, reflecting potential challenges in managing overall expenses or competitive pricing pressures in the construction industry. EBIT and EBITDA margins have improved over the years, indicating better operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is approximately 1.04 in 2025, suggesting moderate leverage. The equity ratio is around 27.7%, indicating a reasonable level of equity financing. Return on Equity (ROE) has improved to 9.52%, showcasing enhanced profitability for shareholders. Overall, the balance sheet displays a stable financial structure with manageable debt levels.

Cash Flow

Free cash flow has shown volatility, with a significant decline in 2025. The operating cash flow to net income ratio is negative in 2025, reflecting challenges in converting earnings into cash flows. The free cash flow to net income ratio is also negative, indicating potential issues in covering capital expenditures. The cash flow situation suggests a need for improved cash management practices.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	78.58B	104.75B	101.26B	101.70B	90.43B	92.40B
Gross Profit	13.07B	16.34B	15.62B	13.75B	13.73B	13.46B
EBITDA	4.30B	5.36B	4.31B	2.66B	-120.00M	3.61B
Net Income	2.38B	2.23B	1.71B	338.00M	-3.33B	572.00M
Balance Sheet
Total Assets	82.87B	84.29B	89.41B	87.25B	83.31B	91.70B
Cash, Cash Equivalents and Short-Term Investments	16.09B	13.37B	16.93B	14.77B	14.52B	16.58B
Total Debt	24.92B	24.41B	25.65B	25.96B	23.79B	24.48B
Total Liabilities	60.09B	60.69B	68.46B	68.62B	65.25B	70.41B
Stockholders Equity	22.55B	23.37B	20.74B	18.44B	17.89B	21.14B
Cash Flow
Free Cash Flow	0.00	-2.16B	3.14B	-1.44B	-998.00M	802.00M
Operating Cash Flow	0.00	-74.00M	5.88B	1.55B	442.00M	3.49B
Investing Cash Flow	0.00	-1.59B	-2.49B	-3.22B	-1.51B	-2.35B
Financing Cash Flow	0.00	-1.87B	-1.32B	1.60B	-1.27B	1.09B

Fujisash Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 796.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5940, the sentiment is Neutral. The current price of 796 is below the 20-day moving average (MA) of 801.65, below the 50-day MA of 820.24, and above the 200-day MA of 712.53, indicating a neutral trend. The MACD of -5.32 indicates Positive momentum. The RSI at 45.65 is Neutral, neither overbought nor oversold. The STOCH value of 22.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5940.

Fujisash Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5936	―	¥5.88B	7.42	―	4.06%	2.76%	-10.35%
5930	―	€141.87B	12.24	12.39%	3.39%	4.00%	8.80%
5940	―	¥9.89B	4.18	―	3.14%	3.90%	9.38%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
7943	―	¥101.78B	53.67	―	4.15%	1.05%	-76.91%
5391	―	¥9.50B	300.64	―	4.72%	4.42%	-98.20%
5932	―	¥19.22B	―	―	4.15%	1.03%	-92.80%