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Stock Analysis & ValuationNo.1 Co.,Ltd (3562.T)

Professional Stock Screener
Previous Close
¥1,845.00
Sector Valuation Confidence Level
Moderate
Valuation methodValue, ¥Upside, %
Artificial intelligence (AI)1973.497
Intrinsic value (DCF)2756.2049
Graham-Dodd Method508.67-72
Graham Formula1157.77-37

Strategic Investment Analysis

Company Overview

No.1 Co., Ltd. is a Tokyo-based company specializing in the sale and maintenance of office automation (OA) and information security equipment. Established in 1989, the company offers a diverse product portfolio, including copiers, multifunction machines, business phones, network security products, and file servers. Additionally, No.1 Co., Ltd. provides services such as communication equipment sales and maintenance, line and mobile sales, mail-order agency services for office equipment, internet-related business, and advertising agency operations. Operating in the Business Equipment & Supplies sector under Industrials, the company serves a broad clientele in Japan, leveraging its expertise in office technology and security solutions. With a market capitalization of approximately ¥13.2 billion, No.1 Co., Ltd. is a key player in Japan's office equipment and security market, emphasizing reliability and customer service.

Investment Summary

No.1 Co., Ltd. presents a stable investment opportunity with its diversified product and service offerings in the office automation and information security sectors. The company's solid financials, including a revenue of ¥14.2 billion and net income of ¥574 million for the fiscal year ending February 2025, reflect its operational efficiency. With a low beta of 0.361, the stock exhibits lower volatility compared to the broader market, appealing to risk-averse investors. The company's strong operating cash flow of ¥1.45 billion and healthy cash reserves of ¥3.02 billion provide financial flexibility. However, investors should note the modest dividend yield and the competitive nature of the OA and security equipment market in Japan. Overall, No.1 Co., Ltd. is a conservative investment with steady growth potential.

Competitive Analysis

No.1 Co., Ltd. operates in a competitive market dominated by both global and domestic players. The company's competitive advantage lies in its comprehensive service offerings, including maintenance and support for office automation and security equipment, which fosters long-term customer relationships. Its diversified product portfolio, ranging from copiers to network security solutions, allows it to cater to a wide range of business needs. However, the company faces stiff competition from larger multinational corporations with greater resources and brand recognition. No.1 Co., Ltd.'s focus on the Japanese market provides localized expertise but may limit its growth potential compared to global competitors. The company's ability to maintain profitability in a competitive landscape underscores its operational efficiency and customer-centric approach. Continued investment in technology and service enhancements will be crucial to sustaining its market position.

Major Competitors

  • Fujitsu Limited (6702.T): Fujitsu is a global leader in IT services and office equipment, offering a broad range of products including copiers and multifunction machines. Its strong R&D capabilities and extensive global presence give it a competitive edge over No.1 Co., Ltd. However, Fujitsu's larger scale may result in less flexibility in customer service compared to No.1 Co., Ltd.'s localized approach.
  • Canon Inc. (7751.T): Canon is a dominant player in the office equipment market, known for its high-quality copiers and printers. Its strong brand and extensive distribution network pose significant competition to No.1 Co., Ltd. However, Canon's focus on hardware may leave gaps in integrated service offerings where No.1 Co., Ltd. excels.
  • Tokyo Electron Limited (8035.T): Tokyo Electron specializes in semiconductor and IT equipment, overlapping with No.1 Co., Ltd.'s information security products. Its technological expertise and global reach provide a competitive advantage, but its narrower focus on high-tech equipment may limit its appeal to general office automation customers.
  • Hitachi, Ltd. (6501.T): Hitachi offers a wide range of industrial and office equipment, including IT and security solutions. Its diversified business model and strong financial backing make it a formidable competitor. However, Hitachi's broader focus may dilute its expertise in specific office automation areas where No.1 Co., Ltd. specializes.
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