Prima Meat Packers Hits Day Low at JPY 2,388 Amid Price Pressure

Prima Meat Packers, a small-cap player in the FMCG sector, experienced a significant decline today, with its stock price dropping by 7.48%. The stock reached an intraday low of JPY 2,388.00, reflecting a challenging trading environment.
In terms of performance metrics, Prima Meat Packers has shown a mixed trajectory over various time frames. Over the past year, the stock has generated a return of 10.24%, which is notably lower than the Japan Nikkei 225's return of 34.11%. The company's year-to-date performance stands at 11.39%, again trailing behind the broader market index.

Financially, the company has faced difficulties, with net sales growing at an annual rate of only 1.86% over the last five years, while operating profit has declined by 10.56%. The inventory turnover ratio is at its lowest point of 11.49%, and the debt-equity ratio has reached a high of 12.71%. Despite these challenges, the stock maintains a price-to-book value of 1.02 and a return on equity of 6.05%.