Why is Doshisha Co., Ltd. ?
1
Company has very low debt and has enough cash to service the debt requirements
2
Positive results in Jun 25
- ROCE(HY) Highest at 8.27%
- RAW MATERIAL COST(Y) Fallen by -4.22% (YoY)
- NET PROFIT(9M) Higher at JPY 5,964.11 MM
3
With ROE of 7.38%, it has a very attractive valuation with a 1.03 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 51.80%, its profits have risen by 9.6% ; the PEG ratio of the company is 1.5
4
Market Beating Performance
- The stock has generated a return of 51.80% in the last 1 year, much higher than market (Japan Nikkei 225) returns of 29.35%
How much should you buy?
- Overall Portfolio exposure to Doshisha Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Doshisha Co., Ltd. for you?
Low Risk, High Return
Absolute
Risk Adjusted
Volatility
Doshisha Co., Ltd.
50.93%
2.35
18.73%
Japan Nikkei 225
28.54%
1.14
25.81%
Quality key factors
Factor
Value
Sales Growth (5y)
3.43%
EBIT Growth (5y)
8.45%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.62
Sales to Capital Employed (avg)
1.25
Tax Ratio
30.75%
Dividend Payout Ratio
45.89%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
25.27%
ROE (avg)
7.60%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.03
EV to EBIT
3.91
EV to EBITDA
3.63
EV to Capital Employed
1.07
EV to Sales
0.31
PEG Ratio
1.45
Dividend Yield
NA
ROCE (Latest)
27.26%
ROE (Latest)
7.38%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Bullish
Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
8What is working for the Company
ROCE(HY)
Highest at 8.27%
RAW MATERIAL COST(Y)
Fallen by -4.22% (YoY
NET PROFIT(9M)
Higher at JPY 5,964.11 MM
CASH AND EQV(HY)
Highest at JPY 105,975 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -57.3 %
DEBTORS TURNOVER RATIO(HY)
Highest at 6.03%
OPERATING PROFIT MARGIN(Q)
Highest at 11.81 %
-2What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at JPY 5,944 MM
Here's what is working for Doshisha Co., Ltd.
Operating Profit Margin
Highest at 11.81 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Cash and Eqv
Highest at JPY 105,975 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -57.3 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 6.03%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Net Profit
Higher at JPY 5,964.11 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Raw Material Cost
Fallen by -4.22% (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
Here's what is not working for Doshisha Co., Ltd.
Operating Cash Flow
Lowest at JPY 5,944 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (JPY MM)






