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Joshin Denki Co., Ltd. (JP:8173)
:8173
Japanese Market
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Joshin Denki Co., Ltd. (8173) AI Stock Analysis

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JP:8173

Joshin Denki Co., Ltd.

(8173)

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Neutral 62 (OpenAI - Gpt-5.6Sol)
Rating:62Neutral
Price Target:
¥4,484.00
▲(65.28% Upside)
Action:Reiterated
Date:09/12/26
Overall score reflects a solid but not standout setup: improved balance sheet leverage and supportive technical trend help, but thin profitability versus prior years and historically inconsistent free cash flow cap the financial performance score. Valuation is reasonable but not clearly cheap given the ~21x P/E, with the ~2.4% dividend offering some support.
Positive Factors
FY2026 revenue and earnings rebound
The FY2026 rebound indicates that demand and earnings can recover after a weaker period. If this improvement persists, stronger sales and profit growth should support reinvestment, improve operating leverage, and reinforce Joshin’s position across its retail channels.
Negative Factors
Sustained profitability compression
Persistently thin profitability leaves limited room for weaker demand, higher operating costs, or execution setbacks to be absorbed. The decline from FY2021 also suggests that revenue recovery has not yet restored prior earnings power, limiting internally generated resources for growth.
Read all positive and negative factors
Positive Factors
Negative Factors
FY2026 revenue and earnings rebound
The FY2026 rebound indicates that demand and earnings can recover after a weaker period. If this improvement persists, stronger sales and profit growth should support reinvestment, improve operating leverage, and reinforce Joshin’s position across its retail channels.
Read all positive factors

Joshin Denki Co., Ltd. (8173) vs. iShares MSCI Japan ETF (EWJ)

Joshin Denki Co., Ltd. Business Overview & Revenue Model

Company Description
Joshin Denki Co., Ltd. specializes in the retail and support services for a broad selection of products, including household electronics, IT and telecommunications gear, recreational items, and residential fixtures. Their comprehensive offerings s...
How the Company Makes Money
Joshin Denki primarily makes money by purchasing branded consumer electronics, home appliances, IT devices, and hobby merchandise from manufacturers and wholesalers and reselling them to end customers through its retail stores and online storefron...

Joshin Denki Co., Ltd. Financial Statement Overview

Summary
Mixed fundamentals: revenue rebounded in FY2026, but multi-year sales have been choppy and profitability has compressed materially versus FY2021 (thin net margin ~0.8%). Balance sheet leverage has improved and looks manageable, but ROE is low, and cash flow history is inconsistent with prior years of negative free cash flow and a notable FY2026 FCF decline versus FY2025.
Income Statement
56
Neutral
Balance Sheet
72
Positive
Cash Flow
49
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue449.62B436.65B403.26B403.69B408.46B409.51B
Gross Profit111.37B107.79B102.21B105.12B103.80B98.43B
EBITDA14.77B11.50B11.79B13.68B13.36B15.25B
Net Income5.13B3.28B3.41B4.89B4.97B6.39B
Balance Sheet
Total Assets237.65B228.81B236.29B238.15B227.84B222.33B
Cash, Cash Equivalents and Short-Term Investments14.07B4.53B7.71B3.89B2.77B2.36B
Total Debt33.58B39.35B47.68B54.07B47.31B42.05B
Total Liabilities131.08B123.44B131.63B133.54B127.14B123.68B
Stockholders Equity106.56B105.36B104.67B104.61B100.70B98.64B
Cash Flow
Free Cash Flow21.45B8.64B10.06B-4.27B-2.17B-7.34B
Operating Cash Flow25.65B13.09B16.37B2.28B7.12B1.44B
Investing Cash Flow-3.52B-3.50B-1.81B-4.81B-9.07B-9.57B
Financing Cash Flow-13.65B-12.76B-10.74B3.65B2.36B1.87B

Joshin Denki Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2713.00
Price Trends
50DMA
3976.20
Positive
100DMA
3633.79
Positive
200DMA
3173.18
Positive
Market Momentum
MACD
49.08
Positive
RSI
53.36
Neutral
STOCH
23.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8173, the sentiment is Positive. The current price of 2713 is below the 20-day moving average (MA) of 4256.00, below the 50-day MA of 3976.20, and below the 200-day MA of 3173.18, indicating a neutral trend. The MACD of 49.08 indicates Positive momentum. The RSI at 53.36 is Neutral, neither overbought nor oversold. The STOCH value of 23.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8173.

Joshin Denki Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
¥346.68B9.0111.83%1.62%-0.35%209.70%
71
Outperform
¥1.09T13.9213.31%2.22%0.06%43.97%
62
Neutral
¥112.17B21.322.39%8.92%49.67%
60
Neutral
¥646.87B23.536.72%2.11%-2.32%-30.08%
59
Neutral
¥623.23B-165.58-0.88%1.76%1.79%-114.35%
56
Neutral
¥3.78T38.527.77%1.02%8.17%408.65%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:8173
Joshin Denki Co., Ltd.
4,230.00
1,757.78
71.10%
JP:8267
AEON Co
1,332.50
-458.49
-25.60%
JP:3099
Isetan Mitsukoshi Holdings
3,151.00
278.57
9.70%
JP:3086
J FRONT RETAILING Co
2,607.00
154.26
6.29%
JP:8233
Takashimaya Company
2,099.50
679.27
47.83%
JP:8242
H2O Retailing Corporation
2,833.50
628.61
28.51%

Joshin Denki Co., Ltd. Corporate Events

Joshin Corporation outlines FY2026 Q1 results and earnings forecast
Aug 4, 2026
Joshin Corporation has released its consolidated financial results outline for the first quarter of the fiscal year ending March 31, 2027, along with forecasts for the first half and full year of FY2026. The disclosure signals management’s i...
Joshin Corporation Posts Strong Q1 Earnings Rebound and Raises Fiscal-Year Outlook
Aug 4, 2026
Joshin Corporation reported a sharp rebound in earnings for the three months ended June 30, 2026, with net sales rising 13.0% year on year to ¥112.7 billion and operating profit surging more than fourfold to ¥3.2 billion. Profit attribut...
Joshin Raises Interim Earnings Forecast on Strong Appliance Demand
Aug 4, 2026
Joshin Corporation has announced an upward revision to its consolidated earnings forecast for the second quarter of the fiscal year ending March 2027. The company now expects net sales of ¥218 billion and net income attributable to owners of ...
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: Sep 12, 2026