Lapine Co., Ltd. (8143) AI Stock Analysis

Lapine Co., Ltd.

(TSE/TYO:8143)

Select Model

Rating:40Underperform

Price Target:JPY 149.00▲(1.36% Upside)

Action:reiterated

Date:10/30/26

Lapine Co., Ltd. receives a heavily depressed score primarily due to fundamental instability and ongoing operational distress. The most significant risks include severe cash burn, deeply negative profitability, and an overleveraged balance sheet with shrinking shareholder equity. Additionally, the lack of positive earnings or dividend payouts renders its valuation highly unfavorable. Although short-term price action shows a slight recovery above near-term moving averages, the long-term technical indicators remain bearish, reaffirming the systemic challenges the company currently faces.

Positive Factors

Resilient Gross MarginA gross margin in the low-60% range indicates that Lapine’s apparel products retain meaningful value relative to direct product costs. This provides a potentially durable base for recovery if management can improve operating efficiency, restore scale, and control expenses.

Negative Factors

Contracting RevenueSeveral years of revenue contraction indicate sustained pressure on Lapine’s sales base rather than a single weak period. Shrinking volume limits operating leverage, makes fixed costs harder to absorb, and reduces the resources available for product investment and business recovery.

Lapine Co., Ltd. (8143) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 347.47M
Dividend Yield: ―
Average Volume (3M): 180.87K
Price to Earnings (P/E): -2.0
Beta (1Y): 0.68
Revenue Growth: -7.99%
EPS Growth: 35.13%
Country: Japan
Employees: 37
Sector: General
Sector Strength: 55
Industry: Apparel - Manufacturers

Lapine Co., Ltd. Business Overview & Revenue Model

Company Description

Lapine Co., Ltd. is a Japanese company primarily engaged in the design, production, and sale of women's clothing and accessories. Its business activities are structured across wholesale, retail, and welfare divisions. A distinctive element of its wel...

How the Company Makes Money

Lapine Co., Ltd. generates revenue mainly from the sale of women’s apparel it plans and produces, monetized through retail and wholesale-style distribution. Key revenue streams include (1) direct sales of apparel products to end customers through its...

Lapine Co., Ltd. Financial Statement Overview

Summary

The company faces severe financial distress marked by continuous revenue declines, significant net losses, and high cash burn. Compounded by a leveraged balance sheet (debt-to-equity of 2.38) and shrinking equity (ROE of -34.7%), the business exhibits major solvency and liquidity risks.

Income Statement

12Very Negative

Balance Sheet

18Very Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Feb 2026	Feb 2025	Feb 2024	Feb 2023	Feb 2022
Income Statement
Total Revenue	1.87B	1.87B	2.04B	2.34B	3.30B	4.37B
Gross Profit	1.16B	1.16B	1.31B	1.62B	2.00B	1.95B
EBITDA	-240.61M	-275.92M	-99.00M	-294.78M	184.97M	185.03M
Net Income	-259.50M	-259.50M	-134.31M	-321.62M	158.23M	155.31M
Balance Sheet
Total Assets	3.25B	3.25B	3.04B	3.44B	4.02B	3.68B
Cash, Cash Equivalents and Short-Term Investments	490.32M	490.32M	760.66M	1.28B	2.09B	1.56B
Total Debt	1.78B	1.78B	1.58B	1.64B	1.80B	1.65B
Total Liabilities	2.50B	2.50B	2.20B	2.52B	2.87B	2.89B
Stockholders Equity	746.65M	746.65M	844.32M	918.75M	1.16B	798.05M
Cash Flow
Free Cash Flow	0	-473.21M	-466.31M	-664.08M	361.06M	357.66M
Operating Cash Flow	0	-473.21M	-452.00M	-660.70M	361.06M	357.66M
Investing Cash Flow	0	-1.24M	-6.10M	19.22M	9.46M	-26.04M
Financing Cash Flow	0	204.10M	-60.35M	-167.53M	157.39M	-3.00M

Lapine Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price147.00

Price Trends

50DMA151.74Negative

100DMA149.69Negative

200DMA175.11Negative

Market Momentum

MACD-0.04Positive

RSI46.64Neutral

STOCH28.79Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8143, the sentiment is Negative. The current price of 147.00 is below the 20-day moving average (MA) of 152.15, below the 50-day MA of 151.74, and below the 200-day MA of 175.11, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 46.64 is Neutral, neither overbought nor oversold. The STOCH value of 28.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8143.

Lapine Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:8143 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:8118	70Outperform	JPY 20.62B	28.60	―	1.64%	-3.49%	-18.67%
JP:8029	64Neutral	JPY 21.21B	10.99	4.59%	3.65%	1.05%	4.31%
JP:8115	60Neutral	JPY 5.47B	12.83	―	4.61%	-3.03%	-37.61%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
JP:8166	49Neutral	JPY 3.08B	2.34	―	―	-10.79%	54.05%
JP:8040	48Neutral	JPY 3.39B	99.60	―	4.50%	-4.43%	-93.16%
JP:8143	40Underperform	JPY 385.36M	-2.00	―	―	-7.99%	35.13%

* General Sector Average

Performance Comparison

JP:8143 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:8143	Lapine Co., Ltd.	147.00	-106.00	-41.90%
JP:8029	LOOK HOLDINGS INC	2713.00	159.53	6.25%
JP:8040	Tokyo Soir Co., Ltd.	1005.00	-16.17	-1.58%
JP:8115	MOONBAT CO., LTD.	1322.00	-92.35	-6.53%
JP:8118	King Co., Ltd.	1100.00	252.37	29.77%
JP:8166	Taka-Q Co., Ltd.	73.00	-25.00	-25.51%

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 30, 2026

Lapine Co., Ltd. AI Stock Analysis