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Sun Frontier Fudousan Co
(8934)
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Rating:62Neutral
Price Target:
¥2,258.00
▼(-10.93% Downside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by mixed fundamentals: strong growth and healthy margins are meaningfully offset by sustained negative operating/free cash flow and higher leverage. Valuation is a clear positive (low P/E and solid yield), while technicals are neutral-to-soft with mildly negative momentum indicators.
Positive Factors
Strong Revenue Expansion
Revenue expanded 29% in 2025 and 111% in 2026, with profits scaling alongside it. This acceleration indicates that the company’s value-add real estate and related operations are gaining scale, supporting stronger earnings capacity over the next several quarters.
Negative Factors
Weak Recent Cash Generation
Operating cash flow turned negative in 2024–2026, while free cash flow was negative for three consecutive years. Although cash generation was positive in 2022–2023, the recent pattern means reported profits are not currently translating into liquidity, limiting internally funded growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Expansion
Revenue expanded 29% in 2025 and 111% in 2026, with profits scaling alongside it. This acceleration indicates that the company’s value-add real estate and related operations are gaining scale, supporting stronger earnings capacity over the next several quarters.
Read all positive factors
Sun Frontier Fudousan Co (8934) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥121.87B
Dividend Yield3.66%
Average Volume (3M)142.77K
Price to Earnings (P/E)6.8
Beta (1Y)0.68
Revenue Growth3.39%
EPS Growth-6.00%
CountryJP
Employees1,076
SectorGeneral
Sector StrengthN/A
IndustryReal Estate - Development
Share Statistics
EPS (TTM)314.76
Shares Outstanding57,407,314
10 Day Avg. Volume210,300
30 Day Avg. Volume142,766
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)1.07
Price to Sales (P/S)1.11
P/FCF Ratio-5.38
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)325.3
Revenue Forecast (FY)¥132.50B
Sun Frontier Fudousan Co Business Overview & Revenue Model
Company Description
Based in Tokyo, Sun Frontier Fudousan Co., Ltd. provides extensive real estate revitalization services, primarily assisting property owners, asset managers, and high-net-worth individuals. The company's operations are divided into four main segmen...
How the Company Makes Money
Sun Frontier Fudousan generates earnings primarily through multiple real-estate-linked revenue streams within its group operations. (1) Real estate value-add and sales: The company buys properties (commonly existing buildings), enhances asset valu...
Sun Frontier Fudousan Co Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
63
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 118.70B | 116.08B | 103.17B | 79.87B | 82.78B | 71.25B |
| Gross Profit | 35.31B | 34.20B | 32.23B | 26.41B | 22.81B | 19.34B |
| EBITDA | 29.52B | 28.58B | 24.15B | 19.80B | 16.94B | 13.84B |
| Net Income | 15.95B | 15.99B | 14.16B | 11.92B | 11.61B | 7.42B |
Balance Sheet | ||||||
| Total Assets | 292.08B | 264.46B | 218.19B | 188.66B | 152.52B | 136.51B |
| Cash, Cash Equivalents and Short-Term Investments | 43.71B | 39.27B | 44.92B | 47.87B | 42.02B | 30.05B |
| Total Debt | 130.66B | 118.03B | 92.46B | 79.54B | 55.66B | 51.07B |
| Total Liabilities | 155.98B | 144.08B | 112.29B | 94.25B | 68.56B | 62.06B |
| Stockholders Equity | 135.48B | 119.76B | 102.19B | 90.55B | 80.73B | 71.31B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -23.89B | -8.26B | -13.46B | 9.01B | 8.96B |
| Operating Cash Flow | 0.00 | -18.04B | -4.24B | -11.00B | 16.54B | 17.44B |
| Investing Cash Flow | 0.00 | -10.29B | -8.81B | -4.21B | -6.68B | -9.38B |
| Financing Cash Flow | 0.00 | 22.20B | 9.48B | 20.99B | 2.04B | 443.00M |
Sun Frontier Fudousan Co Technical Analysis
Negative
2535.00
Price Trends
2379.67
Negative
2373.97
Negative
2445.11
Negative
Market Momentum
-67.57
Positive
24.37
Positive
6.43
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8934, the sentiment is Negative. The current price of 2535 is above the 20-day moving average (MA) of 2284.90, above the 50-day MA of 2379.67, and above the 200-day MA of 2445.11, indicating a bearish trend. The MACD of -67.57 indicates Positive momentum. The RSI at 24.37 is Positive, neither overbought nor oversold. The STOCH value of 6.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8934.
Sun Frontier Fudousan Co Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥659.46B | 10.71 | 10.53% | 3.72% | 16.54% | 13.29% | |
66 Neutral | ¥158.53B | 9.28 | 15.16% | 2.96% | 27.38% | 29.98% | |
62 Neutral | ¥121.87B | 6.80 | 13.50% | 3.66% | 3.39% | -6.00% | |
61 Neutral | ¥775.82B | 9.77 | 9.61% | 5.19% | 17.22% | 1.86% | |
58 Neutral | ¥1.27T | 10.67 | 13.19% | 4.01% | 22.88% | 16.05% | |
57 Neutral | ¥2.84T | 12.99 | 9.18% | 1.59% | 5.41% | 19.07% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:8934
Sun Frontier Fudousan Co
2,130.00
-62.94
-2.87%
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Sun Frontier Fudousan Co Corporate Events
Sun Frontier Fudousan Outlines Q1 FY2027 Results and Strategic Priorities
Aug 6, 2026
Sun Frontier Fudousan released its financial results for the first quarter of the fiscal year ending March 31, 2027, outlining its performance and strategic direction. The materials highlight the company’s growth strategies, business initiat...
Sun Frontier Fudousan Posts Q1 Growth, Lifts Dividend Outlook
Aug 6, 2026
Sun Frontier Fudousan reported consolidated first-quarter fiscal 2027 net sales of ¥29.9 billion, up 9.6% year on year, with operating profit rising 6.7% to ¥6.4 billion and ordinary profit up 1.9% to ¥5.9 billion, while profit attr...
Sun Frontier Fudousan Completes Restricted Stock Treasury Share Disposal
Jul 23, 2026
Sun Frontier Fudousan Co. has completed the payment procedures for the disposal of treasury shares used as restricted stock compensation for its executive officers and certain employees, following a board resolution made in late June 2026. The pro...
Sun Frontier Fudousan Completes Treasury Share Disposal for Director Restricted Stock Pay
Jul 23, 2026
Sun Frontier Fudousan Co., Ltd. has completed payment procedures for the disposal of treasury shares to be used as restricted stock remuneration for its directors. The move involves 11,759 common shares at a disposal price of 2,339 yen per share, ...
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.