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Hanwa Co., Ltd.
(8078)
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Rating:73Outperform
Price Target:
¥2,054.00
▲(9.96% Upside)
Action:Reiterated
Date:08/17/26
The score is driven mainly by solid-but-cyclical financial performance (thin margins and volatile cash flows) balanced by strong valuation (low P/E and healthy dividend yield) and supportive technical momentum (price above key moving averages with positive MACD).
Positive Factors
Multi-year revenue growth
A growing revenue base indicates Hanwa continues to capture trading and distribution volume across its industrial markets. Although growth is uneven, sustained expansion supports supplier and customer network scale and provides a foundation for future earnings.
Negative Factors
Persistently thin margins
Thin margins leave limited protection against procurement-cost inflation, pricing pressure, logistics disruption, or weaker demand. Hanwa’s trading model can generate scale, but small changes in spreads or operating costs may materially affect earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue growth
A growing revenue base indicates Hanwa continues to capture trading and distribution volume across its industrial markets. Although growth is uneven, sustained expansion supports supplier and customer network scale and provides a foundation for future earnings.
Read all positive factors
Hanwa Co., Ltd. (8078) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥390.12B
Dividend Yield3.08%
Average Volume (3M)84.03K
Price to Earnings (P/E)9.2
Beta (1Y)0.95
Revenue Growth6.42%
EPS Growth-11.53%
CountryJP
Employees6,079
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)202.78
Shares Outstanding211,663,200
10 Day Avg. Volume85,930
30 Day Avg. Volume84,033
Financial Highlights & Ratios
PEG Ratio-0.57
Price to Book (P/B)0.72
Price to Sales (P/S)0.12
P/FCF Ratio4.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)215.8
Revenue Forecast (FY)¥2.84T
Hanwa Co., Ltd. Business Overview & Revenue Model
Company Description
Hanwa Co., Ltd., established in 1947 and headquartered in Osaka, Japan, operates as a diversified trading conglomerate with a global reach. The company's extensive portfolio encompasses a wide array of commodities, including steel, various metals ...
How the Company Makes Money
Hanwa makes money mainly by acting as an intermediary and solutions provider in supply chains for steel, metals, and related industrial products. Its core revenue model is trading and distribution: it procures materials and products from upstream ...
Hanwa Co., Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.74T | 2.66T | 2.55T | 2.43T | 2.67T | 2.16T |
| Gross Profit | 149.89B | 141.12B | 140.61B | 119.84B | 128.54B | 119.01B |
| EBITDA | 75.24B | 70.18B | 84.25B | 72.08B | 93.49B | 73.73B |
| Net Income | 39.77B | 38.27B | 45.48B | 38.42B | 51.51B | 43.62B |
Balance Sheet | ||||||
| Total Assets | 1.24T | 1.21T | 1.17T | 1.17T | 1.16T | 1.72T |
| Cash, Cash Equivalents and Short-Term Investments | 90.73B | 86.40B | 65.31B | 76.53B | 84.19B | 165.45B |
| Total Debt | 365.81B | 351.88B | 382.33B | 365.45B | 380.98B | 722.94B |
| Total Liabilities | 794.18B | 779.71B | 776.33B | 810.22B | 848.94B | 1.47T |
| Stockholders Equity | 436.57B | 427.48B | 383.06B | 351.21B | 303.13B | 237.12B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 70.47B | 1.64B | 8.56B | 271.37B | -287.04B |
| Operating Cash Flow | 0.00 | 74.33B | 10.13B | 18.19B | 284.23B | -280.75B |
| Investing Cash Flow | 0.00 | -10.84B | -21.84B | 1.01B | -6.54B | -14.99B |
| Financing Cash Flow | 0.00 | -47.64B | 293.00M | -26.32B | -351.83B | 406.82B |
Hanwa Co., Ltd. Technical Analysis
Positive
1868.00
Price Trends
1742.58
Positive
1718.39
Positive
1605.98
Positive
Market Momentum
36.67
Negative
60.31
Neutral
86.84
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8078, the sentiment is Positive. The current price of 1868 is above the 20-day moving average (MA) of 1788.30, above the 50-day MA of 1742.58, and above the 200-day MA of 1605.98, indicating a bullish trend. The MACD of 36.67 indicates Negative momentum. The RSI at 60.31 is Neutral, neither overbought nor oversold. The STOCH value of 86.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8078.
Hanwa Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ¥7.07T | 19.29 | 12.80% | 1.83% | 21.00% | 12.31% | |
73 Outperform | ¥390.12B | 9.24 | 9.57% | 3.37% | 6.42% | -11.53% | |
72 Outperform | ¥16.63T | 16.25 | 14.58% | 2.11% | 3.10% | -3.40% | |
70 Neutral | ¥8.14T | 13.94 | 13.62% | 1.97% | 10.23% | 13.04% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | ¥1.07T | 10.36 | 10.18% | 3.03% | 20.44% | 6.39% | |
59 Neutral | ¥13.76T | 14.96 | 10.17% | 2.31% | 6.52% | 16.70% |
* Industrials Sector Average
JP:8078
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Hanwa Co., Ltd. Corporate Events
Hanwa Publishes Outline of FY2026 First-Quarter Results
Aug 7, 2026
Hanwa Co., Ltd. has released an outline of its financial results for the three months ended June 30, 2026, marking its first-quarter performance for fiscal year 2026. The document is presented as a translated summary from the Japanese original and...
Hanwa Posts Strong Q1 FY2027 Earnings and Confirms Full-Year Outlook After Stock Split
Aug 7, 2026
Hanwa reported robust consolidated results for the three months ended June 30, 2026, with net sales rising 12.3% year on year to ¥718.6 billion and operating profit jumping 41.0% to ¥20.6 billion. Ordinary profit climbed 35.6% to ¥1...
Hanwa Advances Share Buyback, Acquires 1.9 Million Shares
Aug 3, 2026
Hanwa Co., Ltd. has reported progress on its ongoing share repurchase program, acquiring 688,000 common shares worth 1.18 billion yen on the Tokyo Stock Exchange between July 1 and July 31, 2026. This transaction forms part of a broader buyback in...
Hanwa Completes Treasury Share Disposal for Executive Restricted Stock Pay
Jul 22, 2026
Hanwa Co., Ltd., a diversified Japanese trading company with a core focus on steel and related industrial and consumer products, continues to refine its corporate governance and executive compensation frameworks through equity-based incentives. Th...
Hanwa Advances Share Buyback, Repurchases Over 1.2 Million Shares by June
Jul 1, 2026
Hanwa Co., Ltd. has been repurchasing its own common shares under a board-authorized share buyback program, acquiring 664,100 shares for about 1.14 billion yen between June 1 and June 30, 2026 through market purchases on the Tokyo Stock Exchange. ...
Hanwa to Acquire U.S. Steel Builder ASG in $347 Million Deal
Jun 30, 2026
Hanwa Co., Ltd. has agreed to acquire a majority stake in U.S.-based Associated Steel Group, LLC, a manufacturer of custom steel structures and pre-engineered metal building systems, through its North American subsidiary Hanwa American Corp. in a ...
Hanwa to Grant Restricted Treasury Stock to Executives Under Incentive Plan
Jun 26, 2026
Hanwa Co., Ltd. has approved the disposal of 91,384 shares of its treasury stock as restricted stock remuneration to six executive directors and 18 executive officers, at a price of 1,674 yen per share for a total value of approximately 153 millio...
Hanwa Corrects Segment Asset Data in FY2026 Consolidated Results
Jun 18, 2026
Hanwa Co., Ltd. disclosed that it has identified and corrected errors in the segment information of its consolidated financial results for the fiscal year ended March 31, 2026, originally released in May. The revisions relate specifically to figur...
Hanwa Reports Initial Progress on 5 Billion Yen Share Buyback Program
Jun 1, 2026
Hanwa Co., Ltd. has disclosed progress on its share buyback program authorized by the board on May 12, 2026, under Japan’s Corporation Law. Between May 13 and May 31, the company repurchased 545,900 shares of common stock on the Tokyo Stock ...
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.