Why is Corona Corp. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
Low Debt Company with Strong Long Term Fundamental Strength
3
With a growth in Operating Profit of 6.05%, the company declared Very Positive results in Dec 25
- RAW MATERIAL COST(Y) Fallen by -1.43% (YoY)
- NET SALES(Q) Highest at JPY 29,028 MM
- OPERATING PROFIT(Q) Highest at JPY 2,818 MM
4
With ROE of 1.45%, it has a very attractive valuation with a 0.34 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 0.31%, its profits have fallen by -15.5%
How much should you buy?
- Overall Portfolio exposure to Corona Corp. should be less than 10%
- Overall Portfolio exposure to Industrial Manufacturing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Corona Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Corona Corp.
0.31%
0.18
26.75%
Japan Nikkei 225
41.2%
1.45
28.34%
Quality key factors
Factor
Value
Sales Growth (5y)
1.60%
EBIT Growth (5y)
21.01%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.19
Sales to Capital Employed (avg)
1.12
Tax Ratio
35.10%
Dividend Payout Ratio
74.12%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.38%
ROE (avg)
1.57%
Valuation Key Factors 
Factor
Value
P/E Ratio
24
Industry P/E
Price to Book Value
0.34
EV to EBIT
8.46
EV to EBITDA
3.86
EV to Capital Employed
0.18
EV to Sales
0.13
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.18%
ROE (Latest)
1.45%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
10What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -1.43% (YoY
NET SALES(Q)
Highest at JPY 29,028 MM
OPERATING PROFIT(Q)
Highest at JPY 2,818 MM
OPERATING PROFIT MARGIN(Q)
Highest at 9.71 %
PRE-TAX PROFIT(Q)
Highest at JPY 2,446 MM
NET PROFIT(Q)
Highest at JPY 1,770 MM
EPS(Q)
Highest at JPY 60.52
-3What is not working for the Company
ROCE(HY)
Lowest at 0.95%
CASH AND EQV(HY)
Lowest at JPY 27,475 MM
Here's what is working for Corona Corp.
Net Sales
Highest at JPY 29,028 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Operating Profit
Highest at JPY 2,818 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JPY MM)
Operating Profit Margin
Highest at 9.71 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at JPY 2,446 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 1,770 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 60.52
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Raw Material Cost
Fallen by -1.43% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at JPY 531 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Corona Corp.
Cash and Eqv
Lowest at JPY 27,475 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






