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Stock Analysis & ValuationKyoritsu Co.,Ltd. (7795.T)

Professional Stock Screener
Previous Close
¥222.00
Sector Valuation Confidence Level
Moderate
Valuation methodValue, ¥Upside, %
Artificial intelligence (AI)286.9629
Intrinsic value (DCF)206.75-7
Graham-Dodd Method343.4355
Graham Formula145.60-34

Strategic Investment Analysis

Company Overview

Kyoritsu Co., Ltd. is a Japanese conglomerate specializing in printing services, biodegradable plastic films, and real estate leasing. Founded in 1980 and headquartered in Itabashi, Japan, the company serves diverse industries with high-quality printing solutions, including flyers, catalogs, books, and magazines. Kyoritsu also manufactures eco-friendly biodegradable plastic films, catering to the growing demand for sustainable materials. Additionally, the company engages in advertising planning and bookbinding services, further diversifying its revenue streams. Operating in Japan's competitive printing and industrial sectors, Kyoritsu leverages its integrated business model to maintain stability and adaptability in a rapidly evolving market. With a market capitalization of approximately ¥7.34 billion, Kyoritsu remains a niche player with a focus on innovation and sustainability.

Investment Summary

Kyoritsu Co., Ltd. presents a mixed investment profile. The company operates in a mature industry with steady demand for printing services, supported by its diversified business model, including biodegradable plastics and real estate. However, the printing sector faces long-term challenges from digitalization, which may pressure revenue growth. Kyoritsu's financials show moderate profitability (net income of ¥907.7 million) and strong operating cash flow (¥4.58 billion), but its high total debt (¥14.5 billion) relative to cash reserves (¥12.56 billion) raises liquidity concerns. The company's low beta (0.349) suggests lower volatility, appealing to conservative investors, but its limited scale and competitive pressures in printing and plastics may constrain upside potential. The dividend yield (¥7.5 per share) adds modest income appeal.

Competitive Analysis

Kyoritsu Co., Ltd. operates in a fragmented and competitive printing industry, where differentiation is key. Its primary competitive advantage lies in its diversified service offerings, including niche segments like biodegradable plastic films, which align with global sustainability trends. However, the company faces intense competition from larger printing conglomerates and digital alternatives, which could erode traditional printing demand. Kyoritsu's real estate and advertising planning businesses provide ancillary revenue streams, but these are unlikely to drive significant growth. The company's financial stability is supported by consistent cash flow, but its high debt load could limit flexibility in a downturn. Compared to peers, Kyoritsu's smaller scale may hinder its ability to compete on cost efficiency or technological investments. Its focus on Japan also exposes it to domestic economic fluctuations, unlike global competitors with diversified geographic footprints. To maintain competitiveness, Kyoritsu must continue innovating in sustainable materials and streamline its debt structure.

Major Competitors

  • Toppan Printing Co., Ltd. (7911.T): Toppan Printing is a global leader in printing and packaging, with a strong presence in security printing and electronics. Its scale and technological capabilities give it an edge over Kyoritsu, but its broader focus may dilute attention to niche markets like biodegradable films. Toppan's international reach provides diversification benefits Kyoritsu lacks.
  • Dai Nippon Printing Co., Ltd. (7912.T): Dai Nippon Printing is another major Japanese competitor with extensive resources and a diversified portfolio, including packaging and electronics. Its R&D investments in sustainable materials could directly compete with Kyoritsu's biodegradable films. However, its larger bureaucracy may slow adaptation compared to Kyoritsu's smaller, agile operations.
  • Marvelous Inc. (7844.T): Marvelous focuses on entertainment content and printing, overlapping with Kyoritsu's publishing segment. Its strength in digital content creation poses a threat to traditional printing demand, but Kyoritsu's biodegradable plastics division offers a counterbalance Marvelous lacks.
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