Maruyama Mfg.Co., Inc. (6316) AI Stock Analysis

0 Followers

Maruyama Mfg.Co., Inc.

(TSE/TYO:6316)

Select Model

Rating:67Neutral

Price Target:JPY 3,069.00▲(22.76% Upside)

Action:downgraded

Date:10/05/26

The overall score of 67 is heavily supported by the company's attractive valuation (low P/E of 8.9x) and a solid, low-leverage balance sheet. The stock maintains a long-term technical uptrend while offering a reliable 2.83% dividend yield. However, the score is significantly constrained by ongoing fundamental challenges, notably thin profit margins, poor free cash flow generation, and recent short-term technical weakness.

Positive Factors

Healthy balance sheet and equity baseA strong equity base and balanced leverage provide financial resilience while reducing dependence on debt-funded operations. This supports continued investment in equipment development, distribution, and aftermarket activity, while giving the company greater capacity to manage normal business fluctuations over the next several quarters.

Negative Factors

Relatively low net profit marginA relatively low net margin means that only a limited portion of sales converts into bottom-line earnings after operating and other costs. Unless cost management improves, this can constrain retained earnings, reduce the benefit of revenue growth, and limit flexibility for reinvestment or shareholder returns.

Maruyama Mfg.Co., Inc. (6316) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 10.10B
Dividend Yield: 3.04%
Average Volume (3M): 8,235
Price to Earnings (P/E): 8.3
Beta (1Y): 0.75
Revenue Growth: ―
EPS Growth: ―
Country: Japan
Employees: 977
Sector: Industrials
Sector Strength: 63
Industry: Agricultural - Machinery

Maruyama Mfg.Co., Inc. Business Overview & Revenue Model

Company Description

Maruyama Mfg. Co., Inc., a Tokyo, Japan-based enterprise, boasts a long history, established in 1895. Originally known as Maruyama Shokai, the company adopted its current name in 1937. Its core business revolves around the manufacturing and distribut...

How the Company Makes Money

Maruyama makes money primarily by manufacturing and selling equipment and related parts to distributors, dealers, and institutional buyers. Key revenue streams include: (1) Sales of plant protection/spraying products—power sprayers, misting/spraying...

Maruyama Mfg.Co., Inc. Financial Statement Overview

Summary

Financial performance is stable but reflects low profitability. Key strengths include a highly robust, low-leverage balance sheet and strong operating cash flow generation. These are offset by weak profit margins, a declining return on equity, and minimal free cash flow due to high capital requirements.

Income Statement

62Positive

Balance Sheet

78Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	44.44B	41.27B	40.01B	41.43B	39.64B	37.50B
Gross Profit	12.25B	10.62B	10.31B	10.57B	9.96B	9.78B
EBITDA	3.31B	2.47B	2.27B	2.82B	2.66B	2.41B
Net Income	1.24B	744.00M	597.00M	1.22B	1.16B	855.00M
Balance Sheet
Total Assets	45.57B	39.10B	38.71B	36.73B	34.46B	34.15B
Cash, Cash Equivalents and Short-Term Investments	4.05B	3.93B	4.83B	4.37B	5.05B	4.47B
Total Debt	12.59B	7.21B	7.33B	5.03B	2.87B	3.43B
Total Liabilities	22.80B	18.30B	18.87B	17.26B	16.76B	17.16B
Stockholders Equity	22.50B	20.60B	19.67B	19.36B	17.62B	16.99B
Cash Flow
Free Cash Flow	39.00M	39.00M	-1.35B	-2.17B	1.51B	865.00M
Operating Cash Flow	1.87B	1.87B	214.00M	-284.00M	2.42B	1.93B
Investing Cash Flow	-1.97B	-1.97B	-1.45B	-2.02B	-786.00M	-1.06B
Financing Cash Flow	-836.00M	-836.00M	1.50B	1.62B	-1.11B	-998.00M

Maruyama Mfg.Co., Inc. Technical Analysis

Technical Analysis SentimentNeutral

Last Price2500.00

Price Trends

50DMA2784.97Negative

100DMA2718.42Negative

200DMA2520.17Positive

Market Momentum

MACD-49.44Negative

RSI45.14Neutral

STOCH79.03Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6316, the sentiment is Neutral. The current price of 2500.00 is below the 20-day moving average (MA) of 2642.95, below the 50-day MA of 2784.97, and below the 200-day MA of 2520.17, indicating a neutral trend. The MACD of -49.44 indicates Negative momentum. The RSI at 45.14 is Neutral, neither overbought nor oversold. The STOCH value of 79.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6316.

Maruyama Mfg.Co., Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

JP:6316 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:6432	82Outperform	JPY 363.85B	11.81	―	3.07%	11.87%	12.20%
JP:6345	72Outperform	JPY 83.54B	13.09	―	4.88%	2.38%	14.80%
JP:6294	68Neutral	JPY 14.66B	10.64	―	4.06%	0.98%	-0.50%
JP:6326	68Neutral	JPY 2.88T	10.51	9.94%	2.04%	11.90%	56.12%
JP:6316	67Neutral	JPY 11.92B	8.29	―	3.04%	―	―
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JP:6310	59Neutral	JPY 37.85B	14.54	―	2.39%	4.86%	189.26%

* Industrials Sector Average

Performance Comparison

JP:6316 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:6316	Maruyama Mfg.Co., Inc.	2500.00	426.86	20.59%
JP:6326	Kubota Corporation	2485.00	472.84	23.50%
JP:6294	Okada Aiyon Corporation	1849.00	-161.62	-8.04%
JP:6310	Iseki & Co., Ltd.	1644.00	-286.35	-14.83%
JP:6345	Aichi Corporation	1299.00	55.47	4.46%
JP:6432	Takeuchi Mfg.Co., Ltd.	7480.00	1219.63	19.48%

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 05, 2026

Maruyama Mfg.Co., Inc. AI Stock Analysis