| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 1112.01 | 40 |
| Intrinsic value (DCF) | 1025.60 | 29 |
| Graham-Dodd Method | 741.20 | -7 |
| Graham Formula | 1143.80 | 44 |
Silver Life Co., Ltd. (9262.T) is a Japan-based franchise management company specializing in food delivery services tailored for the elderly and senior-care facilities. Founded in 2007 and headquartered in Tokyo, the company operates 834 franchise stores as of July 2020. Silver Life provides prepared food products, food ingredients, and frozen bento meals through both wholesale OEM services and direct online sales. The company serves a niche but growing market segment in Japan, where an aging population drives demand for convenient, high-quality meal solutions. Operating in the Consumer Cyclical sector under the Personal Products & Services industry, Silver Life leverages its franchise model to expand its reach while maintaining cost efficiency. With a strong focus on frozen bento meals, the company caters to institutional clients and individual consumers alike, positioning itself as a key player in Japan's food delivery and senior-care support ecosystem.
Silver Life Co., Ltd. presents a unique investment opportunity in Japan's aging society, where demand for elderly-focused food services is rising. The company's franchise model ensures scalability, while its focus on frozen bento meals provides stable revenue streams. With a market cap of ¥8.03 billion and a low beta of 0.401, Silver Life offers defensive exposure to the Consumer Cyclical sector. However, risks include high reliance on Japan's domestic market, modest net income margins (~4.9%), and exposure to food cost inflation. The company's solid operating cash flow (¥1.32 billion) and manageable debt (¥1.71 billion) suggest financial stability, but investors should monitor franchise store growth and competitive pressures in the meal delivery space.
Silver Life Co., Ltd. competes in Japan's prepared meal delivery market with a distinct focus on elderly and institutional clients. Its competitive advantage lies in its specialized product line (frozen bento meals) and franchise-driven distribution network, which allows for cost-efficient expansion. Unlike broader meal-kit or restaurant delivery players, Silver Life targets a demographic with consistent demand, reducing cyclicality. However, the company faces competition from both large-scale food service providers and niche senior-care meal specialists. Its OEM wholesale business provides B2B revenue diversification but may face margin pressure from larger food processors. The company's online direct sales channel is underdeveloped compared to e-commerce-focused rivals, representing both a weakness and growth opportunity. Silver Life's regional concentration in Japan limits geographic diversification but aligns with its core customer base. The franchise model mitigates capital intensity but relies heavily on franchisee performance.