Renaissance,Incorporated (2378.T)

Renaissance,Incorporated (2378.T) — VMCI valuation read

Renaissance,Incorporated (2378.T) carries a VMCI composite of 37/100, 13 points below the Consumer Cyclical sector median of 50. Among mid-cap names, that gap places 2378.T in the bottom third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The 2378.T insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads 2378.T trades at 16.0x earnings, 11% below the Consumer Cyclical median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Consumer Cyclical 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Consumer Cyclical median (10.0%). Risk: net debt to EBITDA of 3.2x is the binding constraint on the bear case, the line to track on Renaissance,Incorporated's next 10-Q.

2378.T rose 3.6% over the trailing 7 days, with a -2.6% read on a 30-day basis.