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Bunkyodo Group Holdings Co., Ltd.
(9978)
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Rating:39Underperform
Price Target:
¥40.00
▼(-18.37% Downside)
Action:Downgraded
Date:10/16/26
The score is driven primarily by weak financial performance—thin margins, elevated leverage, and negative operating/free cash flow in 2026. Technicals add further pressure with a bearish trend below major moving averages and negative MACD. Valuation contributes modestly but is difficult to assess due to the negative P/E and no dividend yield data.
Positive Factors
Return to Profitability
Returning to profitability after the prior-year loss indicates some recovery in operating performance and provides a base for rebuilding earnings. However, the improvement is still modest, so its durability depends on stabilizing sales and protecting margins in the core retail business.
Negative Factors
Multi-Year Revenue Decline
Several years of falling revenue point to persistent pressure on demand or store traffic rather than a single-period fluctuation. Continued contraction can reduce operating leverage, weaken negotiating power, and make it harder for the company to rebuild sustainable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to Profitability
Returning to profitability after the prior-year loss indicates some recovery in operating performance and provides a base for rebuilding earnings. However, the improvement is still modest, so its durability depends on stabilizing sales and protecting margins in the core retail business.
Read all positive factors
Bunkyodo Group Holdings Co., Ltd. (9978) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥1.75B
Dividend YieldN/A
Average Volume (3M)120.82K
Price to Earnings (P/E)43.3
Beta (1Y)0.55
Revenue Growth0.62%
EPS GrowthN/A
CountryJP
Employees131
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-3.33
Shares Outstanding43,849,840
10 Day Avg. Volume234,240
30 Day Avg. Volume120,816
Financial Highlights & Ratios
PEG Ratio-0.39
Price to Book (P/B)1.65
Price to Sales (P/S)0.14
P/FCF Ratio-5.63
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)N/A
Revenue Forecast (FY)N/A
Bunkyodo Group Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Bunkyodo Group Holdings Co., Ltd. engages in the wholesale and retail sale of books, magazines, compact discs (CDs), digital versatile discs (DVDs), stationery, hobby products, game-related goods, and other products. It also operates a chain of so...
How the Company Makes Money
Bunkyodo Group Holdings makes money mainly through retail sales generated by its group-operated stores. Its primary revenue stream is the sale of physical books and publications (including new releases and other printed media) to consumers, with r...
Bunkyodo Group Holdings Co., Ltd. Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
34
Negative
Cash Flow
27
Negative
| Breakdown | TTM | Aug 2026 | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.56B | 14.55B | 14.46B | 14.93B | 15.47B | 16.49B |
| Gross Profit | 4.26B | 4.34B | 4.12B | 4.18B | 4.39B | 4.53B |
| EBITDA | 11.36M | 161.50M | -9.03M | 177.99M | 236.13M | 234.21M |
| Net Income | -145.96M | 41.98M | -154.88M | 42.83M | 96.69M | 73.22M |
Balance Sheet | ||||||
| Total Assets | 9.89B | 8.96B | 9.56B | 10.05B | 9.92B | 10.13B |
| Cash, Cash Equivalents and Short-Term Investments | 1.53B | 648.60M | 1.10B | 1.53B | 871.22M | 1.13B |
| Total Debt | 3.90B | 3.78B | 4.00B | 4.37B | 4.55B | 4.84B |
| Total Liabilities | 8.70B | 7.76B | 8.40B | 8.74B | 8.65B | 8.96B |
| Stockholders Equity | 1.19B | 1.20B | 1.16B | 1.31B | 1.27B | 1.17B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -350.50M | -61.16M | 775.84M | 676.00K | 6.58M |
| Operating Cash Flow | 0.00 | -180.26M | 26.14M | 797.56M | 54.91M | 238.10M |
| Investing Cash Flow | 0.00 | -48.28M | -85.47M | 30.60M | -22.24M | -178.43M |
| Financing Cash Flow | 0.00 | -220.31M | -368.98M | -173.65M | -291.16M | -482.43M |
Bunkyodo Group Holdings Co., Ltd. Technical Analysis
Negative
49.00
Price Trends
44.20
Negative
44.66
Negative
46.73
Negative
Market Momentum
-0.99
Positive
32.15
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9978, the sentiment is Negative. The current price of 49 is above the 20-day moving average (MA) of 43.45, above the 50-day MA of 44.20, and above the 200-day MA of 46.73, indicating a bearish trend. The MACD of -0.99 indicates Positive momentum. The RSI at 32.15 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9978.
Bunkyodo Group Holdings Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥14.55B | 8.55 | ― | 0.24% | 11.20% | 51.35% | |
68 Neutral | ¥80.88B | 8.49 | ― | 1.68% | 16.16% | 176.37% | |
68 Neutral | ¥44.52B | 14.08 | ― | 1.45% | 10.64% | 96.47% | |
64 Neutral | ¥33.96B | 10.32 | ― | 1.63% | 5.55% | -29.88% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | ¥3.64B | 83.24 | ― | 2.60% | 3.16% | -28.86% | |
39 Underperform | ¥1.75B | 43.26 | ― | ― | 0.62% | ― |
* Consumer Cyclical Sector Average
JP:9978
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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.