Haseko (1808) AI Stock Analysis

• Market Cap: €674.25B
• Dividend Yield: 2.95%
• Average Volume (3M): 708.89K
• Price to Earnings (P/E): 18.9
• Beta (1Y): 0.40
• Revenue Growth: 7.42%
• EPS Growth: -16.64%
• Country: JP
• Employees: 7,829
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Residential Construction
• EPS (TTM): 42.98
• Shares Outstanding: 300,794,400
• 10 Day Avg. Volume: 665,870
• 30 Day Avg. Volume: 708,886
• PEG Ratio: -0.40
• Price to Book (P/B): 1.01
• Price to Sales (P/S): 0.46
• P/FCF Ratio: -32.03
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €2,403.95
• Price Target Upside: -21.34% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥3,259.00 ▲(6.64% Upside)

Haseko's overall stock score is driven primarily by strong technical analysis indicators, reflecting robust market momentum and bullish trends. Financial performance is solid, with consistent revenue growth and operational efficiency, though cash flow volatility and increasing debt levels are concerns. Valuation is fair, with a moderate P/E ratio and an attractive dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth highlights Haseko's expanding market presence and successful project execution, supporting long-term business sustainability.

Operational Efficiency

Stable margins reflect effective operational strategies, ensuring profitability and competitiveness in the construction industry over time.

Balance Sheet Health

A strong equity ratio indicates financial resilience, providing Haseko with the capacity to withstand economic fluctuations and invest in growth opportunities.

Negative Factors

Net Income Decline

The decline in net income suggests potential challenges in maintaining profitability, which could impact future investment and growth strategies.

Cash Flow Volatility

Volatile cash flows can hinder Haseko's ability to fund operations and investments, posing risks to liquidity and financial stability.

Increasing Debt Levels

Rising debt levels may pressure Haseko's financial flexibility, potentially affecting its ability to invest in new projects and manage economic downturns.

Haseko Business Overview & Revenue Model

Company Description

HASEKO Corporation plans, designs, constructs, sells, renovates, and rents condominiums in Japan and internationally. The company operates through Construction-Related Business, Service-Related Business, and Overseas-Related Business segments. It is also involved in the real estate development, including for-sale housing and real estate, and condominium and apartment management operation and administration business; real estate brokerage, such as selling and buying, exchanging, leasing, and agency of real estate; purchase and resale comprising condominiums and other properties; and provision of real estate solutions that include asset management and project proposals, as well as consultation for use of land and real estate investment management and admiration of real estate. In addition, the company is involved in the for-sale condominium management business, which comprises monitoring, management and cleaning, maintenance, clerical, and life support; and rental condominium management and operation. Further, it provides large-scale repair, earthquake-resistant structure and facility renovation, environmental friendliness and energy saving renovation, value enhancement renovation, and remolding works, as well as condominium rehabilitation and building replacement services. Additionally, the company manages facilities for the elderly; and offers home nursing care, and senior living planning and consultation. It also provides interior enhancement services; and sells and leases construction materials. The company was founded in 1937 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Haseko generates revenue through several key streams, primarily from the sale and leasing of residential properties, including condominiums and houses. The company earns substantial income by developing real estate projects that are sold to individual buyers or investors. Additionally, Haseko has a significant presence in the commercial property sector, where it develops and manages office buildings and retail spaces. Revenue is also derived from construction contracts for residential and commercial projects, where the company undertakes building projects for third parties. Furthermore, Haseko engages in property management services, providing ongoing maintenance and oversight for its developed properties, which contributes to a stable revenue stream. Strategic partnerships with local governments and other developers enhance Haseko's project pipeline and market reach, further solidifying its financial performance.

Haseko Financial Statement Overview

Summary

Haseko demonstrates solid revenue growth and operational efficiency, which are crucial strengths. However, the decrease in net income and fluctuating cash flows highlight potential areas of concern. The balance sheet remains stable, though increasing debt and liabilities warrant careful monitoring.

Income Statement

Haseko shows a consistent revenue growth over the years, with the revenue increasing from ¥809.44 billion in 2021 to ¥1.18 trillion in 2025. Despite a slight dip in net income from ¥56.04 billion in 2024 to ¥34.45 billion in 2025, the company's gross profit margin remains strong. EBIT and EBITDA margins are stable, indicating efficient cost management and operational performance.

Balance Sheet

The debt-to-equity ratio is moderate, with a slight increase in debt levels over the years but still maintaining a healthy equity position. The return on equity has shown resilience, though it has decreased recently. Equity ratio remains robust, reflecting a stable financial structure despite increasing liabilities.

Cash Flow

Haseko's operating cash flow has been volatile, with a significant drop in 2025 compared to previous years. Free cash flow has shown inconsistency, reflecting challenges in cash management. However, the ability to generate operating cash flow in previous years is a positive sign, though recent performance indicates potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.18T	1.18T	1.09T	1.03T	909.71B	809.44B
Gross Profit	175.01B	163.27B	160.61B	161.31B	148.31B	136.23B
EBITDA	97.63B	73.67B	93.40B	97.13B	91.06B	79.55B
Net Income	36.24B	34.45B	56.04B	59.33B	54.49B	48.26B
Balance Sheet
Total Assets	1.34T	1.37T	1.35T	1.20T	1.08T	953.66B
Cash, Cash Equivalents and Short-Term Investments	210.27B	239.28B	286.38B	211.26B	267.47B	216.62B
Total Debt	447.24B	420.00B	415.00B	391.50B	311.84B	267.95B
Total Liabilities	814.33B	833.17B	839.99B	744.02B	664.24B	559.29B
Stockholders Equity	525.47B	532.03B	511.25B	454.08B	417.66B	394.36B
Cash Flow
Free Cash Flow	0.00	-16.75B	90.86B	-87.36B	38.64B	2.06B
Operating Cash Flow	0.00	3.92B	115.02B	-51.91B	65.45B	31.88B
Investing Cash Flow	0.00	-32.47B	-39.85B	-55.45B	-31.60B	-35.77B
Financing Cash Flow	0.00	-20.55B	-753.00M	50.78B	15.73B	66.80B

Haseko Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3056.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1808, the sentiment is Positive. The current price of 3056 is above the 20-day moving average (MA) of 2935.90, above the 50-day MA of 2692.15, and above the 200-day MA of 2270.94, indicating a bullish trend. The MACD of 92.80 indicates Positive momentum. The RSI at 69.03 is Neutral, neither overbought nor oversold. The STOCH value of 87.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1808.

Haseko Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3291	74 Outperform	$659.89B	12.87	5.12%	4.11%	0.20%	44.96%
1928	74 Outperform	¥2.26T	11.22	11.12%	4.13%	9.27%	-11.27%
1808	73 Outperform	€674.25B	18.86	7.50%	2.95%	7.42%	-16.64%
1911	68 Neutral	$965.65B	9.59	11.28%	3.21%	10.17%	-19.40%
8892	66 Neutral	¥95.20B	8.25	―	4.70%	27.02%	45.62%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1419	56 Neutral	¥107.84B	90.25	―	5.55%	-16.48%	-77.63%

Haseko Corporate Events

HASEKO Corporation Completes Share Buyback Initiative

HASEKO Corporation has completed its acquisition of 1,134,500 of its own shares, amounting to a total cost of 3,100,559,800 yen, as part of a broader plan approved by its Board of Directors to buy back up to 12,500,000 shares. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure, with the acquired shares set to be cancelled as per the company’s resolution.

Haseko Corporation Reports Strong First Half Performance and Raises Full-Year Forecasts

Haseko Corporation has reported a notable increase in its financial performance for the first half of the fiscal year ending March 2026, with higher-than-expected net sales and profits driven by strong progress in condominium construction contracts and real estate transactions. Consequently, the company has revised its full-year financial forecasts upwards, reflecting improved profitability and a positive outlook for its operations.

Haseko Corporation Reports Strong Financial Growth and Strategic Expansion

Haseko Corporation reported a substantial increase in its financial performance for the six months ended September 30, 2025, with net sales rising by 6.6% and profit attributable to owners of the parent increasing by 25%. The company has revised its full-year financial forecast upwards, reflecting confidence in continued growth, despite a slight decrease in the equity ratio. The inclusion of five new companies, including WOOD FRIENDS Co., Ltd., into its consolidation scope indicates strategic expansion efforts.