TipRanks
Go Ultimate55% OFF

Canox Corp. (8076) AI Stock Analysis

JP:8076

Canox Corp.

(TSE/TYO:8076)

Select Model
Rating:77Outperform
Price Target:JPY 2,344.00â–²(17.43% Upside)
Action:reiterated
Date:08/05/26

The overall score of 77 reflects strong financial health with improving profitability and cash flow, a bullish technical trend, and attractive valuation metrics including a low P/E and high dividend yield. The company's ability to generate robust cash flows and reduce debt in a cyclical industry underscores its resilience. While recent revenue declines warrant monitoring, the overall outlook is positive.

Positive Factors
Resilient EarningsEarnings resilience provides a durable foundation despite weaker sales, indicating the company has maintained profitability through changing conditions. This supports ongoing operations and may help preserve shareholder returns if the steel cycle softens.
Negative Factors
Revenue ContractionThe reversal from multi-year revenue expansion to a meaningful 2026 decline signals weaker demand or reduced activity in the company’s core steel market. A sustained slowdown could pressure operating scale, purchasing power and future earnings growth.

Canox Corp. (8076) vs. iShares MSCI Japan ETF (EWJ)

-5%0%5%10%15%20%25%30%JP:8076+9.25%EWJ+16.91%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 19.71B
Dividend Yield
5.26%
Average Volume (3M)
4,905
Price to Earnings (P/E)
9.0
Beta (1Y)
0.54
Revenue Growth
-5.75%
EPS Growth
4.32%
Country
Japan
Employees
349
Sector
General
Sector Strength
55
Industry
Steel

Canox Corp. Business Overview & Revenue Model

Company Description

Canox Corporation engages in the processing and sale of steel and non-ferrous products in Japan and internationally. The company offers steel plates, steel pipes, columns, bar steel, stainless steel, and specialty steels; and automobile body frames,...

Canox Corp. Financial Statement Overview

Summary

Revenue declined 6.8% in the latest year, but net income reached a six-year high of ¥2.1 billion with net margin improving to 1.3%. Balance sheet is healthy with debt-to-equity of 0.86 and equity representing 40% of assets. Cash flow generation is strong, with operating cash flow covering net income by 3.5x. Overall, solid financial health despite cyclical headwinds.

Income Statement

70Positive

Balance Sheet

75Positive

Cash Flow

80Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue160.48B158.75B173.01B172.49B151.67B116.52B
Gross Profit9.00B8.80B8.15B7.68B7.38B7.16B
EBITDA2.97B2.87B2.82B2.85B2.69B2.79B
Net Income2.15B2.10B1.99B1.95B1.78B1.89B
Balance Sheet
Total Assets81.03B83.64B87.86B91.53B88.54B75.10B
Cash, Cash Equivalents and Short-Term Investments4.84B9.04B5.29B3.08B2.95B2.89B
Total Debt27.18B28.80B31.74B34.07B35.67B28.11B
Total Liabilities47.63B50.25B56.16B61.96B62.04B49.33B
Stockholders Equity33.41B33.39B31.70B29.57B26.50B25.77B
Cash Flow
Free Cash Flow06.80B4.62B4.88B-6.56B-11.58B
Operating Cash Flow07.49B4.67B4.96B-6.48B-11.38B
Investing Cash Flow0-1.16B-35.02M-96.52M-92.13M-169.65M
Financing Cash Flow0-3.07B-2.42B-4.74B6.64B7.49B

Canox Corp. Technical Analysis

Technical Analysis SentimentNegative
Last Price1996.00

Price Trends

50DMA2048.02Negative
100DMA2011.99Negative
200DMA2003.28Negative

Market Momentum

MACD-12.01Positive
RSI37.13Neutral
STOCH33.81Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8076, the sentiment is Negative. The current price of 1996.00 is below the 20-day moving average (MA) of 2023.75, below the 50-day MA of 2048.02, and below the 200-day MA of 2003.28, indicating a bearish trend. The MACD of -12.01 indicates Positive momentum. The RSI at 37.13 is Neutral, neither overbought nor oversold. The STOCH value of 33.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8076.

Canox Corp. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

JP:8076 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:8076JP:807677OutperformJPY 18.80B8.98―5.26%-5.75%4.32%
JP:5445JP:544575OutperformJPY 47.63B7.19―5.66%-2.19%-34.09%
JP:5408JP:540873OutperformJPY 38.30B9.24―3.39%-8.00%-35.22%
JP:5410JP:541069NeutralJPY 38.44B9.88―4.71%-1.00%-66.17%
JP:5632JP:563262NeutralJPY 32.81B8.29―4.35%-0.07%85.62%
JP:5480JP:548056NeutralJPY 75.89B8.34―4.01%0.73%-1.97%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

-20%0%20%40%JP:8076JP:5408JP:5410JP:5445JP:5480JP:5632Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:8076 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:8076Canox Corp.1996.00143.407.74%
JP:5408Nakayama Steel Works,Ltd.561.0013.742.51%
JP:5410Godo Steel,Ltd.2546.00-934.98-26.86%
JP:5445Tokyo Tekko Co., Ltd.1885.00133.157.60%
JP:5480Nippon Yakin Kogyo Co., Ltd.5480.001539.6539.07%
JP:5632Mitsubishi Steel Mfg.Co., Ltd.2139.00358.8920.16%
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: Aug 04, 2026