Matsuya Foods Holdings, thriving with a growing customer base of domestic patrons and international visitors, boasts an excellent stock performance.
クリスのレポート
CFはたいてい全体でプラスで終わっておりまずまず、流動比率1.57、自己資本率52.%と良好。売上はコロナ前と同等までに回復している。原価削減施作のお陰で原価は削減できたものの最終利益はコロナ前より低い値で停滞。2024年3月期の予想収益が改善している（営業利益が20.8億で41%改善）ため株価が急速に上昇。株価はまだ伸びる可能性はある。
Chris's report
The CF generally ends up positive overall and is satisfactory, with a liquidity ratio of 1.57 and an
equity ratio of 52.%, both in good condition. Sales have recovered to the level they were before COVID-19. Thanks to cost-cutting measures, the cost of goods sold has been reduced, but the final profit is still stagnating at a lower value than before the pandemic. The stock price has rapidly increased due to improved projected earnings for the fiscal year ending March 2024, with operating profit improving by 41% to 2.08 billion. There is still potential for further growth in the stock price.
松屋は田舎には流石にないけど、東京に行った時に行って定食が安くて美味しかったな。
Insight
Although Matsuya isn't found in the countryside, when I went to Tokyo, I visited and found their set meals to be both affordable and delicious.
ミナの判断
松屋の営業利益が改善されたが、営業外収益の助成金が去年までは出ておりそれによる営業利益の黒字化がされていたが今年は無くなっており経常利益は減少している可能性がある。営業利益の増加は国内顧客の伸びと訪日外国人によるものでマクロ的には成長路線に見えるが、今の価格から２倍伸びるかどうかわからないため購入を保留し動向を分析することにする。
Mina's judgement
Although Matsuya's operating profit has improved, it's unclear how it will be affected this year since, until last year, non-operating income from subsidies contributed to the profitability in
operating profit. This uncertainty makes it difficult to make assumptions. The increase in operating profit is due to the growth in domestic customers and the influx of tourists visiting Japan, which macroscopically seems to indicate a growth trajectory. However, it's uncertain whether the stock price will double from its current level, so I've decided to hold off on purchasing and continue to analyze the trends."
