Onward Holdings Co., Ltd. (8016) AI Stock Analysis

• Market Cap: ¥76.90B
• Dividend Yield: 4.77%
• Average Volume (3M): 854.87K
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.41
• Revenue Growth: 9.90%
• EPS Growth: 28.80%
• Country: JP
• Employees: 5,750
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Apparel - Manufacturers
• EPS (TTM): 62.74
• Shares Outstanding: 157,921,660
• 10 Day Avg. Volume: 533,340
• 30 Day Avg. Volume: 854,870
• PEG Ratio: 0.31
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: N/A
• Number of Analyst Covering: 0

Onward Holdings Co., Ltd. scores well due to strong financial performance and encouraging technical indicators. The stock's valuation is attractive with a low P/E ratio and high dividend yield, suggesting potential for appreciation. While the positive momentum supports a bullish outlook, attention to improving cash flow management is needed to ensure long-term stability.

Onward Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

Onward Holdings Co., Ltd. (8016) is a Japan-based company primarily engaged in the apparel business. The company designs, manufactures, and sells a wide range of fashion products, including men's, women's, and children's clothing, accessories, and lifestyle goods. Onward Holdings operates through numerous subsidiaries and owns various well-known brands, catering to both domestic and international markets. It strives to deliver high-quality products that meet diverse consumer preferences while maintaining a robust supply chain and retail network.

How the Company Makes Money

Onward Holdings Co., Ltd. generates revenue primarily through the sale of its fashion and lifestyle products. The company's key revenue streams include direct retail sales through its own branded stores and online platforms, as well as wholesale operations supplying products to third-party retailers. Onward Holdings leverages its portfolio of diverse brands to capture a wide customer base and employs a multi-channel retail strategy to enhance reach and sales volume. The company also engages in strategic partnerships and collaborations with other fashion entities to expand its market presence and product offerings. Additionally, Onward Holdings invests in brand development and marketing to strengthen brand loyalty and drive consumer demand, contributing to its overall financial performance.

Onward Holdings Co., Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
189.63B	176.07B	168.45B	174.32B	248.23B
	Gross Profit
105.78B	96.75B	87.61B	69.72B	112.68B
	EBIT
11.26B	5.21B	-1.08B	-21.23B	-3.06B
	EBITDA
11.85B	10.38B	4.29B	-18.52B	-29.04B
	Net Income Common Stockholders
6.61B	3.06B	8.57B	-23.18B	-52.13B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.13B	13.80B	15.21B	21.30B	28.80B
	Total Assets
171.36B	159.20B	157.73B	196.05B	234.32B
	Total Debt
41.95B	32.05B	39.66B	91.70B	70.61B
	Net Debt
27.81B	18.24B	24.46B	70.40B	41.82B
	Total Liabilities
86.37B	74.13B	80.47B	136.54B	140.28B
	Stockholders Equity
79.87B	74.83B	67.01B	56.86B	90.30B
Cash Flow		Free Cash Flow
2.03B	3.52B	4.88B	-23.86B	2.30B
	Operating Cash Flow
4.00B	5.68B	7.81B	-19.61B	8.00B
	Investing Cash Flow
-4.32B	4.39B	21.68B	6.09B	-10.76B
	Financing Cash Flow
263.00M	-11.96B	-36.17B	5.86B	-1.59B

Onward Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 567.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8016, the sentiment is Positive. The current price of 567 is above the 20-day moving average (MA) of 555.65, above the 50-day MA of 545.39, and above the 200-day MA of 529.44, indicating a bullish trend. The MACD of 7.38 indicates Negative momentum. The RSI at 56.43 is Neutral, neither overbought nor oversold. The STOCH value of 72.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8016.

Onward Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8014	80 Outperform	¥83.30B	7.16		4.19%	1.25%	21.02%
8020	74 Outperform	¥206.49B	7.92		4.25%	8.54%	32.98%
8016	73 Outperform	¥76.90B	9.04	10.13%	4.77%	9.90%	28.80%
8233	68 Neutral	$334.99B	8.71	8.38%	2.10%	6.94%	26.04%
Sector *	61 Neutral	$6.64B	11.67	3.04%	3.98%	2.60%	-21.24%
8237	59 Neutral	¥48.39B	20.30		1.31%	16.65%	-9.43%

Onward Holdings Co., Ltd. Corporate Events

Onward Holdings Reports Strong March Sales Boosted by WEGO Consolidation

Onward Holdings Co., Ltd. reported that its net sales for March 2025 at all stores increased by 23.1% compared to the previous year, primarily due to the consolidation of WEGO CO., LTD. since October 2024. Despite a delay in spring clothing sales due to cooler temperatures, Onward Personal Style’s discount campaign and WEGO’s successful launch of a new brand contributed positively to the company’s performance.

Onward Holdings Introduces New Restricted Stock Compensation Plan

Onward Holdings Co., Ltd. has announced the introduction of a Restricted Stock Compensation Plan aimed at incentivizing its directors to enhance corporate value and align their interests with shareholders. This plan, pending shareholder approval, will replace the existing stock compensation system and involves issuing restricted stock to eligible directors, with specific conditions on transfer and disposal during a restricted period.

Onward Holdings Reports Increased Sales and Profit for FY 2025

Onward Holdings Co., Ltd. reported a 9.9% increase in net sales for the fiscal year ended February 28, 2025, with a notable 28.8% rise in profit attributable to owners of the parent. Despite a decline in operating profit, the company has shown resilience in its financial performance. The company plans to increase its annual dividends and has made significant changes in its scope of consolidation, which may impact its future operations and market positioning.

Onward Holdings Sees Sales Boost in February 2025 Amid Strategic Expansions

In February 2025, Onward Holdings Co., Ltd. reported a significant increase in net sales at all stores, driven by the consolidation of WEGO and strong performance in e-commerce. Despite a slow start in spring clothing sales due to lower temperatures, the company saw growth in specific segments like made-to-order offerings and collaboration products, indicating a strategic focus on capturing new customer segments and enhancing its market position.

Onward Holdings Sells Guam Golf Subsidiaries Amid Business Restructuring

Onward Holdings Co., Ltd. has decided to transfer all shares and receivables of its subsidiaries, Onward Golf Resort Guam, Inc. and Onward Mangilao Guam, Inc., in response to the challenging operating environment of its golf business in Guam, worsened by the COVID-19 pandemic. This strategic decision is part of the company’s global business restructuring efforts to concentrate on more promising business areas and boost its overall corporate value.