Why is Mitani Corp. ?
1
High Management Efficiency with a high ROE of 12.03%
2
Company has very low debt and has enough cash to service the debt requirements
3
Poor long term growth as Net Sales has grown by an annual rate of -2.79% over the last 5 years
4
Positive results in Dec 25
- DEBT-EQUITY RATIO (HY) Lowest at -73.12 %
- RAW MATERIAL COST(Y) Fallen by -3.87% (YoY)
- CASH AND EQV(HY) Highest at JPY 271,520 MM
5
With ROE of 13.89%, it has a very attractive valuation with a 1.31 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 16.08%, its profits have risen by 8.1% ; the PEG ratio of the company is 1.2
- At the current price, the company has a high dividend yield of 0
6
Underperformed the market in the last 1 year
- The stock has generated a return of 16.08% in the last 1 year, much lower than market (Japan Nikkei 225) returns of 85.12%
How much should you hold?
- Overall Portfolio exposure to Mitani Corp. should be less than 10%
- Overall Portfolio exposure to Trading & Distributors should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Trading & Distributors)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Mitani Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Mitani Corp.
16.08%
2.38
28.83%
Japan Nikkei 225
88.41%
3.12
27.27%
Quality key factors
Factor
Value
Sales Growth (5y)
-2.79%
EBIT Growth (5y)
10.71%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.72
Sales to Capital Employed (avg)
1.91
Tax Ratio
31.26%
Dividend Payout Ratio
29.67%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
47.00%
ROE (avg)
12.03%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
1.31
EV to EBIT
3.20
EV to EBITDA
2.72
EV to Capital Employed
2.15
EV to Sales
0.30
PEG Ratio
1.17
Dividend Yield
NA
ROCE (Latest)
67.38%
ROE (Latest)
13.89%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
4What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at -73.12 %
RAW MATERIAL COST(Y)
Fallen by -3.87% (YoY
CASH AND EQV(HY)
Highest at JPY 271,520 MM
-2What is not working for the Company
INTEREST(HY)
At JPY 103 MM has Grown at 6.19%
Here's what is working for Mitani Corp.
Debt-Equity Ratio
Lowest at -73.12 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Cash and Eqv
Highest at JPY 271,520 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -3.87% (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 Mitani Corp.
Interest
At JPY 103 MM has Grown at 6.19%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Non Operating Income
Highest at JPY 0.13 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






