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Sun Frontier Fudousan Co (8934) AI Stock Analysis

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JP:8934

Sun Frontier Fudousan Co

(TSE/TYO:8934)

Select Model
Rating:62Neutral
Price Target:JPY 2,295.00â–²(2.09% Upside)
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
Revenue Growth and ProfitabilityRapid revenue expansion combined with a healthy operating margin indicates that the company is scaling its real-estate activities while retaining meaningful operating profitability. If sustained, this provides resources to reinvest in acquisitions, renovations, property operations, and hospitality growth.
Negative Factors
Negative Recent Cash FlowPersistent negative operating and free cash flow means reported profits have not recently converted into liquidity. This can constrain internally funded growth and increase reliance on financing, particularly while the company continues expanding its property-related operations.

Sun Frontier Fudousan Co (8934) vs. iShares MSCI Japan ETF (EWJ)

-10%-5%0%5%10%15%20%25%JP:8934-0.05%EWJ+10.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 136.58B
Dividend Yield
3.47%
Average Volume (3M)
158.72K
Price to Earnings (P/E)
7.1
Beta (1Y)
0.57
Revenue Growth
3.39%
EPS Growth
-6.00%
Country
Japan
Employees
1,076
Sector
General
Sector Strength
55
Industry
Real Estate - Development

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 segments:...

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 value t...

Sun Frontier Fudousan Co Financial Statement Overview

Summary

Strong revenue acceleration and solid profitability (net margin ~14% in 2025–2026; operating margin ~21% in 2026) are positives, but they are outweighed by weak cash-quality: operating cash flow and free cash flow have been negative for 2024–2026. Leverage has also risen (debt-to-equity ~0.99 in 2026), increasing downside risk if conditions soften.

Income Statement

78Positive

Balance Sheet

63Positive

Cash Flow

34Negative
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue118.70B116.08B103.17B79.87B82.78B71.25B
Gross Profit35.31B34.20B32.23B26.41B22.81B19.34B
EBITDA29.52B28.58B24.15B19.80B16.94B13.84B
Net Income15.95B15.99B14.16B11.92B11.61B7.42B
Balance Sheet
Total Assets292.08B264.46B218.19B188.66B152.52B136.51B
Cash, Cash Equivalents and Short-Term Investments43.71B39.27B44.92B47.87B42.02B30.05B
Total Debt130.66B118.03B92.46B79.54B55.66B51.07B
Total Liabilities155.98B144.08B112.29B94.25B68.56B62.06B
Stockholders Equity135.48B119.76B102.19B90.55B80.73B71.31B
Cash Flow
Free Cash Flow0-23.89B-8.26B-13.46B9.01B8.96B
Operating Cash Flow0-18.04B-4.24B-11.00B16.54B17.44B
Investing Cash Flow0-10.29B-8.81B-4.21B-6.68B-9.38B
Financing Cash Flow022.20B9.48B20.99B2.04B443.00M

Sun Frontier Fudousan Co Technical Analysis

Technical Analysis SentimentNegative
Last Price2248.00

Price Trends

50DMA2288.33Negative
100DMA2352.68Negative
200DMA2430.71Negative

Market Momentum

MACD-0.01Negative
RSI51.85Neutral
STOCH68.13Neutral

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 2248.00 is above the 20-day moving average (MA) of 2180.35, below the 50-day MA of 2288.33, and below the 200-day MA of 2430.71, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 51.85 is Neutral, neither overbought nor oversold. The STOCH value of 68.13 is Neutral, 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

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

JP:8934 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:3003JP:300375OutperformJPY 1.54T11.6913.24%3.53%25.27%13.85%
JP:8804JP:880468NeutralJPY 742.12B11.1610.53%3.56%16.54%13.29%
JP:2337JP:233763NeutralJPY 182.30B10.6114.46%2.64%-17.00%-4.99%
JP:8934JP:893462NeutralJPY 136.58B7.1413.50%3.47%3.39%-6.00%
JP:3231JP:323161NeutralJPY 864.43B9.669.96%4.94%19.27%24.60%
JP:8830JP:883056NeutralJPY 3.29T13.299.18%1.53%5.41%19.07%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

0%20%40%JP:8934JP:3003JP:2337JP:3231JP:8830JP:8804Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:8934 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:8934Sun Frontier Fudousan Co 2248.00-32.20-1.41%
JP:3003Hulic Co 1895.50323.2420.56%
JP:2337Ichigo 435.0051.5413.44%
JP:3231Nomura Real Estate Holdings890.1033.803.95%
JP:8830Sumitomo Realty & Development Co 3212.00-149.32-4.44%
JP:8804Tokyo Tatemono Co 3316.00482.0017.01%

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 initiative...

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 attribu...

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 17, 2026