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Oisix Inc.3182.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Internet Retail
Momentum strong 74
Mkt cap
$368M
US dollars, full cap
Free float
70%
of shares outstanding
$/day
$1.13M
20-day average traded
Fwd P/E
12.1×
forward earnings
ROIC−WACC
+5.4 pp
WACC 5.6%
Hurdle
-27 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · JPY¥1,635
1D-6.3%
1W+1.3%
1M+1.2%
3M+0.4%
6M+16.8%
YTD+9.5%
1Y-10.1%
ATR %3.0%
52w lowhigh10.1% off high

What Oisix does

Employees: 8,196

Oisix at a glance

Size Oisix (3182.T) is a Japan Consumer Discretionary company (Internet Retail) with a market value of $368M, the 1233rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,635 on 6 Nov 2026.

Performance Over six months the shares gained 16.8%, against +3.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue fell 5.2% over the last twelve months (peer median -3.4%); the operating margin is 3.2% (peer median 1.5%).

Valuation It trades at 12.1× forward earnings against a peer median of 24.7× (2nd cheapest of 15).

Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -27 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 5.4 points above its cost of capital (5.6% WACC).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

10011012011 May 202611 Aug 20266 Nov 20263182.T 117Peer median 105
Six months, rebased to 100: Oisix against the median of its 20 peers (local-currency closes).

Oisix financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥246B¥251B¥256B¥148B¥115B
Revenue growth—-2%+73%+29%—
Gross profit¥72.4B¥73.9B¥75.2B¥61.9B¥55.4B
EBITDA¥12.9B¥12.9B¥12.8B¥8.25B¥5.60B
Net income¥5.06B¥4.53B¥3.64B¥4.12B¥1.81B
Free cash flown/a¥8.18B¥944M¥5.56B¥4.08B
Capital expendituren/a¥1.88B¥3.40B¥2.78B¥2.08B
Total debt¥39.3B¥42.3B¥52.1B¥51.7B¥22.2B

Quarterly statements and history in the cockpit →

Oisix competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%0%+20%ARAMI301088MSTCLTDKITSHFG9997GRPNASC6011132678AO0026403964300792WOOFTHG300592002127AHG3182.T6-month return →1-month return →
Up and to the right = strong over both horizons. Oisix is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×100×ARAMI301088KITSHFGGRPN6011132678AO3964300792WOOF3005920021273182.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Oisix is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%ARAMI301088MSTCLTDKITSHFGGRPNASCAO3964300592INDIAMART3182.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Oisix is the large dot.

Oisix competitors and peer comparison

How Oisix compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Oisix against its 20 peers (data as of 6 Nov 2026)
Measure3182.TPeer medianRank in peer set
1-month return+1.2%-0.8%9th highest of 21
6-month return+16.8%+3.8%8th highest of 21
Distance from 52-week high-10.1%-26.7%2nd highest of 21
Revenue growth (TTM)-5.2%-3.4%10th lowest of 21
Operating margin3.2%1.5%9th highest of 21
Forward P/E12.1×24.7×2nd cheapest of 15
Growth the price implies (Req g, 7 yrs)-6.6%8.2%least demanding of 16
Growth delivered (Del g)+20.2%-3.7%5th highest of 16
Hurdle (Req g minus delivered)-26.8 pp+8.3 pp2nd least demanding of 16
ROIC minus cost of capital+5.4 pp-3.2 pp4th highest of 18
EV / EBITDA6.0×8.6×cheapest of 8
Net debt / EBITDA1.4×2.0×6th least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Oisix 3182.TJapan$368M+17%-5%3%12.1×-6.6%+20.2%
Aramis ARAMI.PAFrance$327M+22%-2%1%185.8×4.9%+23.4%
Rumere 301088.SZChina$422M-16%-25%1%20.3×30.8%-6.9%
MSTC MSTCLTD.NSIndia$439M+30%+21%58%n/a34.9%-13.9%
Kits Eyecare KITS.TOCanada$462M+64%+21%4%85.5×28.3%+21.9%
HelloFresh HFG.DEGermany$483M-28%-13%0%9.7×24.1%+12.5%
Belluna 9997.TJapan$629M+22%+5%8%n/an/an/a
Groupon GRPNUnited States$630M-13%+2%2%33.7×27.5%-18.9%
ASOS ASC.LUnited Kingdom$670M+88%-15%-1%n/a1.2%-5.5%
Yiwu Huading Nylon 601113.SSChina$670M-28%-5%1%41.2×n/an/a
ASKUL 2678.TJapan$682M+2%-20%-5%29.2×n/an/a
AO World AO..LUnited Kingdom$687M+6%+11%4%13.3×3.0%-5.3%
Global Top E-Commerce 002640.SZChina$757M-12%-6%1%n/a33.4%-19.8%
Aucnet 3964.TJapan$824M+12%+12%15%15.5×0.1%+21.6%
Hangzhou Onechance Tech Crop 300792.SZChina$839M-32%-19%9%46.2×19.9%-3.7%
Petco Health & Wellness WOOFUnited States$848M+5%-1%3%12.5×6.6%+3.9%
THG THG.LUnited Kingdom$877M+30%+10%-1%n/an/an/a
Huakai Yibai Technology 300592.SZChina$966M+27%-11%7%15.7×3.4%+132.3%
IndiaMART InterMESH INDIAMART.NSIndia$985M-26%+12%34%17.0×8.2%+18.6%
NanJi E-Commerce 002127.SZChina$1.05B-1%-28%-12%29.9×6.4%-9.0%
Akso Health Group Sponsored ADR AHGUnited States$1.14B-34%-6%-29%n/an/an/a

Questions

Which companies are Oisix's closest peers?
The cockpit's peer set: Aramis (ARAMI.PA), Rumere (301088.SZ), MSTC (MSTCLTD.NS), Kits Eyecare (KITS.TO), HelloFresh (HFG.DE), Belluna (9997.T), Groupon (GRPN), ASOS (ASC.L).
Is Oisix expensive compared with its peers?
On forward p/e it trades at 12.1× against a peer median of 24.7×, 2nd cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -27 pp: the price already allows for a slowdown.
How has Oisix stock performed?
Over six months to 6 Nov 2026 the shares returned +16.8% against +3.8% for the median peer; over one year -10.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.