Healthy Balance SheetLow financial leverage and a strong equity base provide resilience through construction cycle swings, preserving capital flexibility. With D/E at 0.20 and a >50% equity ratio, Ichiken can fund projects, absorb margin shocks, and selectively pursue M&A or capex without stressing liquidity.

Strong Cash GenerationLarge FCF growth and OCF exceeding net income indicate durable cash conversion from operations. This supports reinvestment in backlog, dividend sustainability, and lowers refinancing risk, enabling the firm to fund working capital and capital expenditures internally over the medium term.

Improving ProfitabilityExpanding gross and net margins alongside ~11.8% revenue growth (2023–2025) point to better project selection, pricing power, and operational efficiency. Sustained margin recovery enhances free cash flow potential and return on invested capital across future projects.

Bears Say

Cyclical Industry ExposureAs a building-construction specialist, Ichiken remains exposed to real estate and economic cycles. Demand for new commercial and industrial projects can swing materially with GDP, capex and property cycles, creating persistent revenue and backlog volatility over multiple quarters.

Recent Revenue SoftnessA recent negative revenue-growth datapoint suggests near-term variability in order intake or project timing. If the weakness reflects waning demand or delayed contracts, it could pressure margins and cash conversion until backlog and tender wins recover over the coming quarters.

Asset Utilization ShortfallExplicitly cited scope to improve asset utilization implies capital and equipment may be under-deployed. Persistent inefficiencies can cap return on assets and limit scalability, requiring management action to raise turnover or reallocate capital to higher-return projects.

Ichiken Co., Ltd. News

Ichiken Lifts Profits and Dividend on Strong Nine-Month Results

Ichiken Co., Ltd. ( ($JP:1847) ) has provided an update. Ichiken Co., Ltd. reported consolidated net sales of...

4h ago

1847

Ichiken Co., Ltd. Reports Increased Profits Despite Sales Decline

Ichiken Co., Ltd. ( ($JP:1847) ) has shared an update. Ichiken Co., Ltd. reported its consolidated financial results...

3M ago

1847

Ichiken Co., Ltd. Reports Q1 2025 Financial Results Amidst Forecasted Challenges

Ichiken Co., Ltd. ( ($JP:1847) ) has issued an update. Ichiken Co., Ltd. reported its consolidated financial results...

6M ago

1847

Ichiken Co., Ltd. Reports Strong Financial Results and Increased Dividends for FY2025

The latest announcement is out from Ichiken Co., Ltd. ( ($JP:1847) ). Ichiken Co., Ltd. reported its consolidated...

9M ago

1847

Ichiken Co., Ltd. Reports Steady Financial Performance for Nine Months Ending December 2024

Ichiken Co., Ltd. ( ($JP:1847) ) just unveiled an announcement. Ichiken Co., Ltd. reported its consolidated financial results...

1y ago

1847

Ichiken Co., Ltd. Shows Strong Q1 Growth

Ichiken Co., Ltd. (JP:1847) has released an update. Ichiken Co., Ltd. reports a robust financial performance for the...

1y ago

1847

1847 FAQ

What was Ichiken Co., Ltd.’s price range in the past 12 months?

Ichiken Co., Ltd. lowest stock price was ¥2402.00 and its highest was ¥6100.00 in the past 12 months.

What is Ichiken Co., Ltd.’s market cap?

Ichiken Co., Ltd.’s market cap is ¥41.45B.

When is Ichiken Co., Ltd.’s upcoming earnings report date?

Ichiken Co., Ltd.’s upcoming earnings report date is May 19, 2026 which is in 91 days.

How were Ichiken Co., Ltd.’s earnings last quarter?

Ichiken Co., Ltd. released its earnings results on Feb 13, 2026. The company reported ¥267.26 earnings per share for the quarter, beating the consensus estimate of N/A by ¥267.26.

Is Ichiken Co., Ltd. overvalued?

According to Wall Street analysts Ichiken Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Ichiken Co., Ltd. pay dividends?

Ichiken Co., Ltd. pays a Semiannually dividend of ¥120 which represents an annual dividend yield of 3.01%. See more information on Ichiken Co., Ltd. dividends here

What is Ichiken Co., Ltd.’s EPS estimate?

Ichiken Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Ichiken Co., Ltd. have?

Ichiken Co., Ltd. has 7,284,400 shares outstanding.

What happened to Ichiken Co., Ltd.’s price movement after its last earnings report?

Ichiken Co., Ltd. reported an EPS of ¥267.26 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.579%.

Which hedge fund is a major shareholder of Ichiken Co., Ltd.?

Currently, no hedge funds are holding shares in JP:1847

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Ichiken Co., Ltd.

Ichiken Co., Ltd. engages in the construction business in Japan. The company is involved in the urban environment maintenance business; rents buildings; and develops commercial and housing facilities. It also plans, designs, develops, constructs, and supervises commercial facilities and specialty stores. The company was formerly known as Daiichi Kensetsu Corporation Ltd. and changed its name to Ichiken Co., Ltd. in 1989. Ichiken Co., Ltd. was incorporated in 1930 and is headquartered in Tokyo, Japan.