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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
20

2004.T

$3925.00
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-26
HTR non-permissible income 0.02%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Showa Sangyo Co., Ltd. (2004.T) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Institutional own.
16.9%
of shares
NON-COMPLIANT
Sharia compliance
0.02%
Non-permissible income — HTR, from filings (2026-03-31)
16.9%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. 2004.T files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 42.35% 30.00% Fail
Interest-bearing investments 6.82% 30.00% Pass
Non-permissible income 0.02% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 18.87% 33.00% Pass
Interest-bearing investments 3.04% 33.00% Pass
Non-liquid assets 77.75% at least 20.00% Pass
Non-permissible income 0.02% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 18.87% 33.33% Pass
Cash + interest-bearing securities 3.04% 33.33% Pass
Accounts receivable 22.25% 33.33% Pass
Non-permissible income 0.02% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 18.87% 33.33% Pass
Cash + interest-bearing securities 3.04% 33.33% Pass
Accounts receivable 22.25% 50.00% Pass
Non-permissible income 0.02% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 55.50% 33.00% Fail
Cash + interest-bearing securities 8.93% 33.00% Pass
Accounts receivable 56.50% 33.00% Fail
Non-permissible income 0.02% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 55.23% 33.00% Fail
Cash + interest-bearing securities 8.89% 49.00% Pass
Accounts receivable 56.22% 49.00% Fail
Non-permissible income 0.02% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 55.23% 33.33% Fail
Cash + interest-bearing securities 8.89% 33.33% Pass
Accounts receivable 65.11% 49.00% Fail
Non-permissible income 0.02% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

3,925.003,639.093,353.193,067.282,781.372025-09-112026-03-172026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
3761.67
S2
3783.33
S1
3821.67
PIVOT
3843.33
R1
3881.67
R2
3903.33
R3
3941.67

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
3705.98 4014.02
±3.99% from 3860, made 2026-09-04 · resolves 2026-09-11
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21987 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsSELL
3 buy · 0 neutral · 4 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)75.30SELL
Stochastic %K (14)93.48SELL
CCI (20)144.64SELL
Williams %R (14)-6.52SELL
MACD (12,26,9)1.24BUY
ROC (10)4.53BUY
Momentum (10)170.00BUY
EMA (10)3837.17BUY
SMA (10)3841.00BUY
EMA (20)3777.23BUY
SMA (20)3782.00BUY
EMA (30)3722.85BUY
SMA (30)3693.67BUY
EMA (50)3633.29BUY
SMA (50)3614.20BUY
EMA (100)3483.96BUY
SMA (100)3403.10BUY
EMA (200)3302.12BUY
SMA (200)3253.85BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Showa Sangyo Co., Ltd.

Consumer Defensive · Packaged Foods

Showa Sangyo Co., Ltd. manufactures, processes, and sells food products in Japan. It operates through Food, Feedstuff and Others segments. The company offers wheat flour for bread, cakes, noodles, and other products; premixes, and pastas. It provides vegetable oils including cooking oil, and soy protein. The company also offers saccharified products, cornstarch, and modified starch. In addition, it provides compound feed for poultry, pigs, cattle, and fish. Further, the company provides warehousing services for storing and handling imported grain; and leases of owned real estate properties. Additionally, it is involved in the insurance agency business, the automobile leasing business, the transportation business, and agribusiness. The company was incorporated in 1936 and is headquartered in Chiyoda, Japan.

showa-sangyo.co.jp ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — EDINET XBRL (Japan)

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Fail
Debt ratio 40.0% (< 30%)
Investments ratio partial 6.5% (< 30%)
Non permissible income ratio 0.0% (< 5%)
Usmani (% of total assets) — Pass
Debt ratio 18.6% (< 33%)
Investments ratio partial 3.0% (< 33%)
Non permissible income ratio 0.0% (< 5%)

Based on the filing period ending 2026-03-31, figures in JPY.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.