Inaba Seisakusho Co., Ltd. (3421.T)

Inaba Seisakusho Co., Ltd. (3421.T) — VMCI valuation read

Inaba Seisakusho Co., Ltd. sits at VMCI 53/100, with the Consumer Cyclical sector median at 50. That 3-point spread is the first thing to note on 3421.T: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 3421.T are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 3421.T: 3421.T trades at 22.0x earnings, 22% above the Consumer Cyclical median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Consumer Cyclical median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of -1.7x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

3421.T fell 0.5% over the trailing 7 days, with a -6.5% read on a 30-day basis.