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Canox Corp. (8076) AI Stock Analysis

JP:8076

Canox Corp.

(TSE/TYO:8076)

Select Model
Rating:81Outperform
Price Target:JPY 2,385.00â–²(18.66% Upside)
Action:reiterated
Date:08/04/26

Canox Corp. achieves a strong score of 81, driven primarily by its highly attractive valuation and robust cash flow generation. The most significant catalysts are its low P/E multiple (9.45) paired with a high dividend yield (4.95%), and excellent free cash flow conversion that easily outpaces net income. While top-line revenue faces some pressure, strong margin protection, steady debt reduction, and positive technical momentum further secure its favorable outlook. Financial Performance and Valuation were weighted at 40% each, and Technical Analysis at 20%, while Earnings Call and Corporate Events were excluded (0% weight) due to missing data.

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%JP:8076+8.50%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 19.71B
Dividend Yield
5.22%
Average Volume (3M)
4,855
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

Financial standing is fundamentally strong, marked by exceptional cash flow generation (6.80 billion in free cash flow) and disciplined balance sheet management. Despite a 6.77% contraction in revenue, net income grew to 2.10 billion, and the debt-to-equity ratio improved significantly to 0.86.

Income Statement

72Positive

Balance Sheet

80Positive

Cash Flow

88Very Positive
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 Price2010.00

Price Trends

50DMA2048.82Negative
100DMA2011.12Negative
200DMA2003.00Positive

Market Momentum

MACD-10.74Positive
RSI41.12Neutral
STOCH25.37Neutral

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 2010.00 is below the 20-day moving average (MA) of 2028.05, below the 50-day MA of 2048.82, and above the 200-day MA of 2003.00, indicating a neutral trend. The MACD of -10.74 indicates Positive momentum. The RSI at 41.12 is Neutral, neither overbought nor oversold. The STOCH value of 25.37 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:807681OutperformJPY 18.80B9.05―5.22%-5.75%4.32%
JP:5445JP:544575OutperformJPY 47.63B6.55―5.67%-2.19%-34.09%
JP:5410JP:541069NeutralJPY 38.44B6.64―4.57%-1.00%-66.17%
JP:5632JP:563262NeutralJPY 32.81B8.41―4.29%-0.07%85.62%
JP:5480JP:548056NeutralJPY 75.89B8.71―4.37%0.73%-1.97%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
JP:5408JP:540854NeutralJPY 38.30B9.37―3.34%-8.00%-35.22%

* 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 '26
JP:8076 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:8076Canox Corp.2010.00166.919.06%
JP:5408Nakayama Steel Works,Ltd.569.00-29.68-4.96%
JP:5410Godo Steel,Ltd.2628.00-906.09-25.64%
JP:5445Tokyo Tekko Co., Ltd.1881.0094.305.28%
JP:5480Nippon Yakin Kogyo Co., Ltd.5030.00931.6522.73%
JP:5632Mitsubishi Steel Mfg.Co., Ltd.2170.00369.7620.54%
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