Mani, Inc. (7730) AI Stock Analysis

Mani, Inc.

(TSE/TYO:7730)

Select Model

Rating:76Outperform

Price Target:JPY 1,707.00▲(14.56% Upside)

Action:upgraded

Date:10/16/26

The overall score of 76 is primarily driven by the company's fortress-like financial position, characterized by a debt-free balance sheet and a powerful recovery in free cash flow. High and expanding profit margins further support this strength. The main detractor is the technical picture, where the stock remains in a medium-term downtrend despite recent short-term price improvement. The valuation is fair, with a solid dividend yield adding to the investment case, but it does not significantly boost or detract from the score.

Positive Factors

Steady Revenue GrowthRevenue has grown steadily across several years and re-accelerated in the latest annual period. That trajectory indicates expanding demand for Mani’s dental and surgical products, supporting continued scale benefits and providing a durable base for investment, market development, and earnings growth over the next several quarters.

Negative Factors

Volatile Free Cash FlowFree cash flow has not tracked profits consistently, falling close to zero relative to net income in 2024 and 2025 before recovering in 2026. Swings in investment spending or working capital can reduce cash-flow predictability and complicate funding and capital-allocation decisions.

Mani, Inc. (7730) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 146.77B
Dividend Yield: 2.75%
Average Volume (3M): 338.06K
Price to Earnings (P/E): 20.3
Beta (1Y): 1.14
Revenue Growth: 10.18%
EPS Growth: 55.86%
Country: Japan
Employees: 4,140
Sector: General
Sector Strength: 55
Industry: Medical - Instruments & Supplies

Mani, Inc. Business Overview & Revenue Model

Company Description

Mani, Inc. engages in the manufacture and supply of surgical and dental instruments in Japan, Asia, Europe, North America, and internationally. The company operates through three segments: Surgical Products, Eyeless Needle Products, and Dental Produc...

How the Company Makes Money

Mani, Inc. makes money mainly by selling its medical-device products to healthcare markets through distribution channels. Key revenue streams are (1) dental-related products—particularly endodontic and other dental instruments and consumables that ar...

Mani, Inc. Financial Statement Overview

Summary

Mani, Inc. exhibits excellent financial health, anchored by a virtually debt-free balance sheet (Score 95) and a dramatic surge in free cash flow (Score 88). Profitability is robust with expanding gross and net margins, though revenue growth remains modest. The overall financial picture is one of high quality, stability, and strong cash conversion.

Income Statement

78Positive

Balance Sheet

95Very Positive

Cash Flow

88Very Positive

Financial statement breakdown
Breakdown	TTM	Aug 2026	Aug 2025	Aug 2024	Aug 2023	Aug 2022
Income Statement
Total Revenue	33.02B	33.02B	29.97B	28.51B	24.49B	20.42B
Gross Profit	21.98B	21.98B	19.32B	17.90B	15.42B	12.57B
EBITDA	12.92B	12.38B	9.56B	10.70B	9.94B	9.17B
Net Income	7.24B	7.24B	4.64B	6.29B	5.95B	5.29B
Balance Sheet
Total Assets	65.09B	65.09B	58.19B	57.33B	55.11B	50.18B
Cash, Cash Equivalents and Short-Term Investments	26.50B	26.50B	18.73B	21.66B	25.43B	22.73B
Total Debt	81.00M	81.00M	76.00M	83.00M	58.00M	117.00M
Total Liabilities	6.10B	6.10B	4.63B	5.00B	5.28B	4.76B
Stockholders Equity	58.99B	58.99B	53.56B	52.33B	49.83B	45.41B
Cash Flow
Free Cash Flow	0	10.73B	612.00M	397.00M	4.52B	4.76B
Operating Cash Flow	0	11.85B	7.03B	7.82B	8.03B	6.57B
Investing Cash Flow	0	-860.00M	-7.17B	-6.65B	-4.02B	-2.19B
Financing Cash Flow	0	-4.00B	-3.90B	-3.70B	-3.25B	-2.44B

Mani, Inc. Technical Analysis

Technical Analysis SentimentNegative

Last Price1490.00

Price Trends

50DMA1503.07Negative

100DMA1559.40Negative

200DMA1575.51Negative

Market Momentum

MACD4.02Positive

RSI46.19Neutral

STOCH29.20Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7730, the sentiment is Negative. The current price of 1490.00 is below the 20-day moving average (MA) of 1507.35, below the 50-day MA of 1503.07, and below the 200-day MA of 1575.51, indicating a bearish trend. The MACD of 4.02 indicates Positive momentum. The RSI at 46.19 is Neutral, neither overbought nor oversold. The STOCH value of 29.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:7730.

Mani, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:7730 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:7747	82Outperform	JPY 973.21B	29.26	19.88%	1.32%	21.16%	156.97%
JP:7730	76Outperform	JPY 149.06B	20.28	―	2.75%	10.18%	55.86%
JP:7979	66Neutral	JPY 82.07B	12.72	―	2.65%	6.53%	52.32%
JP:7716	60Neutral	JPY 250.99B	99.89	1.89%	2.10%	14.87%	-55.19%
JP:7733	59Neutral	JPY 1.92T	24.39	10.21%	3.46%	7.80%	-27.73%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
JP:8086	53Neutral	JPY 240.39B	15.85	5.35%	2.27%	2.68%	144.20%

* General Sector Average

Performance Comparison

JP:7730 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:7730	Mani, Inc.	1490.00	61.56	4.31%
JP:7747	Asahi Intecc Co	3528.00	1103.81	45.53%
JP:7716	Nakanishi	1380.00	367.59	36.31%
JP:8086	Nipro Corporation	1366.50	-90.33	-6.20%
JP:7733	Olympus Corp	1736.00	-95.22	-5.20%
JP:7979	Shofu Inc.	2209.00	412.63	22.97%

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 16, 2026

Mani, Inc. AI Stock Analysis