The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Strengths
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Its low valuation, with P/E ratio at 11.38 and 11.14 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the best yield companies with high dividend expectations.
Weaknesses
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
Technically, the stock approaches a strong medium-term resistance at JPY 3364.
According to forecast, a sluggish sales growth is expected for the next fiscal years.