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Verite Co., Ltd. (9904) AI Stock Analysis
Verite Co., Ltd.
(TSE/TYO:9904)
The score reflects a fundamentally solid but pressured financial profile, where resilient cash generation and a still-conservative balance sheet are tempered by deteriorating margins and weaker returns. Valuation adds support via a high dividend yield and reasonable P/E, while technicals show a stock in a longer-term downtrend with only early signs of momentum stabilization, keeping the overall outlook balanced rather than strongly bullish.
Verite Co., Ltd. (9904) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 5.73B
- Dividend Yield
- 6.39%
- Average Volume (3M)
- 21.77K
- Price to Earnings (P/E)
- 14.0
- Beta (1Y)
- 0.03
- Revenue Growth
- 23.28%
- EPS Growth
- -15.32%
- Country
- Japan
- Employees
- 505
- Sector
- General
- Sector Strength
- 55
- Industry
- Specialty Retail
Verite Co., Ltd. Business Overview & Revenue Model
Company Description
Operating a network of jewelry retail outlets across Japan, Verite Co., Ltd. manages brands including Vérité, Maharaja Diamond, Velicia, and Mimikazari. These establishments provide customers with a diverse selection of products, ranging from fine je...
Verite Co., Ltd. Financial Statement Overview
Summary
Solid sales growth and strong, consistently positive free cash flow on a still-conservative balance sheet are offset by sharply weaker profitability, higher leverage, and lower returns on equity.
Income Statement
58NeutralBalance Sheet
65PositiveCash Flow
72Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.09B | 9.44B | 7.95B | 7.64B | 7.62B | 7.27B |
| Gross Profit | 1.37B | 6.14B | 5.38B | 5.22B | 5.33B | 5.10B |
| EBITDA | 96.00M | 656.00M | 1.05B | 932.00M | 994.00M | 899.00M |
| Net Income | 21.00M | 322.00M | 569.00M | 502.00M | 545.00M | 464.00M |
Balance Sheet | ||||||
| Total Assets | 8.41B | 8.48B | 7.55B | 7.67B | 7.38B | 7.57B |
| Cash, Cash Equivalents and Short-Term Investments | 2.81B | 3.07B | 1.99B | 2.12B | 1.88B | 2.16B |
| Total Debt | 2.20B | 2.20B | 1.50B | 1.50B | 1.00B | 1.50B |
| Total Liabilities | 4.17B | 4.26B | 3.08B | 3.23B | 2.92B | 3.20B |
| Stockholders Equity | 4.24B | 4.22B | 4.47B | 4.44B | 4.46B | 4.37B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 978.00M | 321.00M | 319.00M | 792.00M | 779.00M |
| Operating Cash Flow | 0 | 1.17B | 407.00M | 456.00M | 893.00M | 864.00M |
| Investing Cash Flow | 0 | -218.00M | -37.00M | -168.00M | -201.00M | -98.00M |
| Financing Cash Flow | 0 | 132.00M | -504.00M | -45.00M | -970.00M | -1.10B |
Verite Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9904, the sentiment is Negative. The current price of 211.00 is below the 20-day moving average (MA) of 219.95, below the 50-day MA of 233.68, and below the 200-day MA of 301.35, indicating a bearish trend. The MACD of -7.26 indicates Positive momentum. The RSI at 26.95 is Positive, neither overbought nor oversold. The STOCH value of 9.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9904.
Verite Co., Ltd. Peers Comparison
Overall Rating
JP:776971Outperform
JP:793771Outperform
JP:999067Neutral- JP:990464.4Neutral
JP:273648Neutral
JP:781043Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:7769 | 71Outperform | JPY 30.80B | 24.85 | ― | 6.72% | 7.58% | -40.23% |
| JP:7937 | 71Outperform | JPY 38.61B | 10.69 | 5.17% | 4.92% | 39.41% | 127.01% |
| JP:9990 | 67Neutral | JPY 21.65B | 11.12 | ― | 4.74% | 0.30% | -18.45% |
| JP:9904 | 64Neutral | JPY 5.64B | 14.00 | ― | 6.39% | 23.28% | -15.32% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| JP:2736 | 48Neutral | JPY 2.16B | 18.79 | ― | 1.17% | 9.71% | -35.71% |
| JP:7810 | 43Neutral | JPY 2.56B | 94.08 | ― | 0.44% | 47.35% | 26.49% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:9904 | Verite Co., Ltd. | 211.00 | -148.73 | -41.35% | |
| JP:7937 | Tsutsumi Jewelry Co | 2438.00 | 263.64 | 12.13% | |
| JP:2736 | Festaria Holdings Company Limited | 596.00 | 30.02 | 5.30% | |
| JP:7769 | Rhythm Co., Ltd. | 3685.00 | 527.42 | 16.70% | |
| JP:7810 | Crossfor Co. Ltd. | 143.00 | -9.38 | -6.15% | |
| JP:9990 | SAC'S BAR HOLDINGS INC. | 739.00 | -9.26 | -1.24% |
Verite Co., Ltd. Corporate Events
Vérité posts resilient sales as it reshapes store network
Vérité Co., Ltd. reported higher year-on-year sales and average customer spend through the first half of its 2026–2027 fiscal year, even as customer footfall showed mixed trends. The company noted that figures were calculated under th...
Vérité Co. Lifts Sales on Higher Spend as Store Network Expands
Vérité Co., Ltd. reported August 2026 flash figures showing year‑on‑year gains in sales, driven mainly by higher average customer spend, while footfall was roughly flat to slightly lower at existing stores. The company continues...
Vérité boosts sales and store count as July figures outpace prior year
Vérité Co., Ltd. reported strong year-on-year growth in July 2026, with total sales rising in the mid-teens percentage range, supported by higher average customer spend and modest increases in footfall. Existing stores also showed solid per...
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 18, 2026