Fujii Sangyo Corporation (9906) AI Stock Analysis

Top Page

Fujii Sangyo Corporation

(TSE/TYO:9906)

Select Model

Rating:77Outperform

Price Target:JPY 4,716.00▲(16.16% Upside)

Action:reiterated

Date:08/20/26

The overall score of 77 is driven primarily by a very strong financial foundation, marked by an exceptionally low-debt balance sheet and steady revenue growth. Attractive valuation metrics (7.6x P/E, 3.85% yield) significantly boost the score. Moderate technical momentum supports the positive outlook, while slightly volatile cash flows prevent a higher rating.

Positive Factors

Steady Revenue and Profit GrowthMulti-year revenue expansion and rising net margins indicate durable business development and improving profitability. This combination gives the company a stronger earnings base and supports resilience over the next several quarters.

Negative Factors

Volatile Operating Cash ConversionOperating cash flow is less consistent than reported earnings, indicating working-capital swings and uneven cash conversion. If this pattern persists, it could constrain reinvestment capacity and make cash returns less predictable despite positive free cash flow.

Fujii Sangyo Corporation (9906) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 34.33B
Dividend Yield: 4.19%
Average Volume (3M): 2,630
Price to Earnings (P/E): 7.4
Beta (1Y): 0.39
Revenue Growth: 9.43%
EPS Growth: 2.04%
Country: Japan
Employees: 932
Sector: General
Sector Strength: 55
Industry: Industrial - Distribution

Fujii Sangyo Corporation Business Overview & Revenue Model

Company Description

Fujii Sangyo Corporation engages in the sale of electrical construction materials, electrical equipment, machine tools, information equipment, and civil engineering and construction machinery in Japan. It operates through Material Innovations Company...

How the Company Makes Money

null

Fujii Sangyo Corporation Financial Statement Overview

Summary

Steady revenue growth (+7.8% YoY) and improving net margins (4.6%) are offset by a slight EBIT margin dip and volatile cash flows. The exceptionally strong balance sheet (D/E 2.2%, equity growth to ¥41.7B) provides a robust foundation, but inconsistent FCF conversion (73% in FY2026) tempers the overall financial score.

Income Statement

78Positive

Balance Sheet

92Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	107.49B	105.86B	96.10B	91.06B	82.71B	74.93B
Gross Profit	17.67B	17.42B	15.72B	15.03B	12.94B	12.16B
EBITDA	7.38B	8.10B	7.03B	6.43B	4.98B	4.49B
Net Income	4.62B	4.86B	4.12B	3.66B	2.74B	2.40B
Balance Sheet
Total Assets	63.88B	69.95B	66.70B	64.63B	58.74B	54.00B
Cash, Cash Equivalents and Short-Term Investments	20.40B	22.14B	19.18B	18.14B	16.96B	16.64B
Total Debt	882.00M	907.00M	1.58B	1.69B	1.08B	1.45B
Total Liabilities	19.67B	25.61B	26.63B	27.90B	25.67B	23.44B
Stockholders Equity	41.53B	41.66B	37.66B	34.43B	31.02B	28.64B
Cash Flow
Free Cash Flow	0	2.94B	2.95B	1.69B	1.22B	2.98B
Operating Cash Flow	0	4.02B	5.24B	1.94B	1.79B	3.69B
Investing Cash Flow	0	1.02B	-2.76B	2.66M	-579.68M	-491.18M
Financing Cash Flow	0	-2.08B	-1.45B	-750.24M	-893.72M	-635.25M

Fujii Sangyo Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:9906 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:6223	80Outperform	JPY 37.62B	8.01	―	3.81%	23.40%	35.64%
JP:9906	77Outperform	JPY 34.33B	7.43	―	4.19%	9.43%	2.04%
JP:6240	72Outperform	JPY 32.17B	19.52	―	4.35%	4.26%	-4.85%
JP:6151	69Neutral	JPY 29.59B	10.66	―	2.28%	2.42%	406.25%
JP:6482	67Neutral	JPY 21.95B	35.19	―	3.10%	-8.01%	-62.48%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
JP:6125	51Neutral	JPY 29.37B	31.21	―	3.64%	-6.36%	-61.60%

* General Sector Average

Performance Comparison

JP:9906 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:9906	Fujii Sangyo Corporation	4060.00	534.51	15.16%
JP:6125	Okamoto Machine Tool Works,Ltd.	4395.00	-238.34	-5.14%
JP:6151	Nitto Kohki Co., Ltd.	1581.00	-95.95	-5.72%
JP:6223	Seibu Giken Co., Ltd.	1835.00	206.66	12.69%
JP:6240	Yamashin-Filter Corp.	460.00	-272.42	-37.19%
JP:6482	Yushin Precision Equipment Co., Ltd.	645.00	18.09	2.89%

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 20, 2026

Fujii Sangyo Corporation AI Stock Analysis

Top Page