Comparison
Why is First-corporation Inc. ?
1
With a fall in Operating Profit of -11.1%, the company declared Very Negative results in May 25
- INTEREST(HY) At JPY 55.1 MM has Grown at 152.33%
- NET SALES(Q) At JPY 8,425.94 MM has Fallen at -20.42%
2
Underperformed the market in the last 1 year
- The stock has generated a return of 23.98% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 38.59%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Furniture, Home Furnishing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is First-corporation Inc. for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
First-corporation Inc.
-100.0%
1.83
21.42%
Japan Nikkei 225
38.59%
1.45
26.59%
Quality key factors
Factor
Value
Sales Growth (5y)
21.23%
EBIT Growth (5y)
17.72%
EBIT to Interest (avg)
41.64
Debt to EBITDA (avg)
0.17
Net Debt to Equity (avg)
0.91
Sales to Capital Employed (avg)
2.18
Tax Ratio
32.19%
Dividend Payout Ratio
30.05%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
27.37%
ROE (avg)
18.20%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
1.22
EV to EBIT
9.48
EV to EBITDA
9.42
EV to Capital Employed
1.11
EV to Sales
0.47
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.76%
ROE (Latest)
13.96%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
12What is working for the Company
NET SALES(9M)
At JPY 35,501.44 MM has Grown at 57.48%
RAW MATERIAL COST(Y)
Fallen by -103.41% (YoY
NET PROFIT(9M)
Higher at JPY 1,299.19 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 3.52%
DEBTORS TURNOVER RATIO(HY)
Highest at 6.05%
DIVIDEND PER SHARE(HY)
Highest at JPY 6.05
OPERATING PROFIT MARGIN(Q)
Highest at 8.28 %
-11What is not working for the Company
INTEREST(HY)
At JPY 55.1 MM has Grown at 152.33%
NET SALES(Q)
At JPY 8,425.94 MM has Fallen at -20.42%
Here's what is working for First-corporation Inc.
Net Profit
At JPY 1,299.19 MM has Grown at 57.69%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
Operating Profit Margin
Highest at 8.28 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Inventory Turnover Ratio
Highest at 3.52%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 6.05%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Dividend per share
Highest at JPY 6.05
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Profit
Higher at JPY 1,299.19 MM
than preceding 12 month period ended May 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 -103.41% (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 First-corporation Inc.
Interest
At JPY 55.1 MM has Grown at 152.33%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Sales
At JPY 8,425.94 MM has Fallen at -20.42%
over average net sales of the previous four periods of JPY 10,587.76 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (JPY MM)






