Kyowa Exeo (1951) AI Stock Analysis

• Market Cap: ¥372.82B
• Dividend Yield: 3.44%
• Average Volume (3M): 547.13K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.57
• Revenue Growth: 9.24%
• EPS Growth: 36.14%
• Country: JP
• Employees: 17,056
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 73.94
• Shares Outstanding: 208,624,830
• 10 Day Avg. Volume: 536,410
• 30 Day Avg. Volume: 547,133
• PEG Ratio: -0.64
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -31.51
• 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: ¥2,400.00
• Price Target Upside: 28.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ¥2,067.00 ▲(10.98%Upside)

Kyowa Exeo's strong technical indicators and fair valuation contribute positively to the stock's score. While financial performance shows robust growth, attention to cash flow and debt management is needed to mitigate risks.

Kyowa Exeo Business Overview & Revenue Model

Company Description

Kyowa Exeo Corporation, established in 1951, is a leading Japanese company specializing in the engineering and construction sectors. The company provides a wide range of services, including telecommunications infrastructure, electrical and civil engineering, and environmental solutions. Kyowa Exeo is known for its expertise in designing, constructing, and maintaining essential infrastructure projects, offering comprehensive solutions that cater to the evolving technological and environmental needs of its clients.

How the Company Makes Money

Kyowa Exeo generates revenue through its diverse portfolio of engineering and construction services. The company earns money primarily by undertaking projects in telecommunications infrastructure, where it designs and builds networks and communication systems for both private and public sector clients. Additionally, Kyowa Exeo offers electrical and civil engineering services, which include the construction and maintenance of buildings, roads, and bridges. Environmental solutions, such as water treatment and waste management projects, also contribute to its income. The company leverages strategic partnerships and collaborations with technology firms and government entities to enhance its service offerings and secure large-scale projects, thereby ensuring a steady stream of revenue.

Kyowa Exeo Financial Statement Overview

Summary

Kyowa Exeo shows strong revenue growth and improved profitability margins. However, increased leverage and negative free cash flow present potential financial risks. The company needs to focus on cash flow generation and debt management.

Income Statement

Kyowa Exeo's income statement shows a steady increase in total revenue over the years, with a notable revenue growth rate of 9.24% in 2025. The gross profit margin improved to 14.98% in 2025 from 14.52% in 2024. The net profit margin also increased to 4.00% in 2025 from 3.27% in 2024, indicating enhanced profitability. The EBIT margin rose to 6.33% in 2025, while the EBITDA margin reached 8.88%, reflecting efficient operations. However, the overall profitability remains moderate due to the industry's competitive nature.

Balance Sheet

The balance sheet of Kyowa Exeo highlights a robust equity position, with an equity ratio of 49.96% in 2025. The debt-to-equity ratio increased to 0.40 in 2025 from 0.33 in 2024, indicating a rise in leverage but still maintaining a manageable level. Return on equity improved slightly to 8.36% in 2025 from 6.40% in 2024, demonstrating efficient use of equity. The company's financial stability is reinforced by a solid equity base, although increasing debt levels pose a potential risk.

Cash Flow

Kyowa Exeo's cash flow statement reveals challenges in maintaining free cash flow, which turned negative at -8.91 billion JPY in 2025, down from a positive 22.13 billion JPY in 2024. The operating cash flow to net income ratio decreased significantly to 0.25 in 2025 from 2.09 in 2024, suggesting less cash generation from operations relative to net income. The company's ability to generate stable cash flows is a concern, warranting attention to operational efficiencies and cost management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	649.98B	670.82B	614.10B	627.61B	594.84B	573.34B
Gross Profit	93.69B	100.48B	89.16B	81.84B	84.32B	75.86B
EBITDA	51.26B	59.57B	47.02B	44.85B	51.75B	45.28B
Net Income	20.54B	26.86B	20.06B	22.23B	27.77B	24.19B
Balance Sheet
Total Assets	597.65B	642.50B	591.64B	577.94B	535.62B	491.57B
Cash, Cash Equivalents and Short-Term Investments	50.08B	40.01B	48.25B	51.72B	55.61B	43.70B
Total Debt	140.17B	129.19B	102.39B	112.38B	78.76B	56.35B
Total Liabilities	285.22B	315.72B	272.58B	270.00B	228.57B	202.69B
Stockholders Equity	306.44B	321.14B	313.21B	303.36B	303.55B	285.92B
Cash Flow
Free Cash Flow	0.00	-8.92B	22.13B	-8.25B	6.24B	-3.86B
Operating Cash Flow	0.00	6.84B	41.90B	5.48B	26.41B	6.30B
Investing Cash Flow	0.00	-18.43B	-13.59B	-13.33B	-20.39B	-9.25B
Financing Cash Flow	0.00	2.89B	-30.55B	3.30B	5.02B	-1.75B

Kyowa Exeo Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1862.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1951, the sentiment is Positive. The current price of 1862.5 is above the 20-day moving average (MA) of 1827.30, above the 50-day MA of 1799.20, and above the 200-day MA of 1679.50, indicating a bullish trend. The MACD of 9.05 indicates Positive momentum. The RSI at 62.06 is Neutral, neither overbought nor oversold. The STOCH value of 76.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1951.

Kyowa Exeo Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1721	78 Outperform	$384.47B	13.06	8.05%	3.63%	7.61%	10.95%
1951	75 Outperform	¥372.82B	14.35		3.44%	9.24%	36.14%
1942	75 Outperform	¥698.32B	16.48	12.02%	3.32%	12.28%	54.97%
Sector *	72 Outperform	¥225.31B	18.62	15.37%	2.66%	6.93%	219.43%
1417	72 Outperform	¥207.03B	13.17	6.74%	3.20%	11.62%	41.11%
1959	71 Outperform	¥436.20B	15.08		2.43%	1.04%	3.13%
1963	56 Neutral	¥311.91B	―	-0.17%	3.20%	3.06%	94.98%

Kyowa Exeo Corporate Events

EXEO Group Announces Treasury Share Disposal for Stock Compensation

EXEO Group, Inc. has announced a resolution to dispose of 290,700 treasury shares as part of a restricted stock compensation plan aimed at incentivizing directors and certain employees. This move is expected to align the interests of key personnel with shareholders, potentially enhancing corporate value and stakeholder engagement.

The most recent analyst rating on (JP:1951) stock is a Hold with a Yen1550.00 price target. To see the full list of analyst forecasts on Kyowa Exeo stock, see the JP:1951 Stock Forecast page.

EXEO Group Revises Auditor Remuneration and Stock Compensation System

EXEO Group, Inc. announced revisions to the remuneration for its Statutory Auditors and adjustments to its restricted stock compensation system. The company plans to increase the maximum annual remuneration for Statutory Auditors from 80 million yen to 100 million yen, reflecting their growing responsibilities. Additionally, the company proposes to raise the maximum monetary claims for performance-linked restricted stock for eligible directors from 50 million yen to 80 million yen, aiming to enhance value sharing with shareholders.

The most recent analyst rating on (JP:1951) stock is a Hold with a Yen1700.00 price target. To see the full list of analyst forecasts on Kyowa Exeo stock, see the JP:1951 Stock Forecast page.

EXEO Group Announces Leadership Changes to Enhance Corporate Value

EXEO Group, Inc. has announced changes in its leadership, with Keigo Kajimura set to become the new President and Representative Director, succeeding Tetsuya Funabashi. These changes are part of the company’s strategy to adapt to a rapidly changing business environment and strengthen its management system to enhance corporate value. The leadership transition will be finalized after the upcoming shareholders’ meeting in June 2025.

The most recent analyst rating on (JP:1951) stock is a Hold with a Yen1700.00 price target. To see the full list of analyst forecasts on Kyowa Exeo stock, see the JP:1951 Stock Forecast page.

EXEO Group Announces Treasury Stock Acquisition to Boost Shareholder Returns

EXEO Group, Inc. has announced its decision to acquire up to 2,400,000 of its own common stock, representing 1.16% of its total issued shares, as part of a strategic move to enhance shareholder returns and improve capital efficiency. This acquisition, set to occur between July 1, 2025, and March 31, 2026, through market purchases on the Tokyo Stock Exchange, is expected to provide the company with greater flexibility in implementing its capital policy.

Kyowa Exeo Reports Strong Financial Performance for FY 2025

Kyowa Exeo has announced its annual results for the fiscal year ending March 31, 2025, showing a positive financial performance. The company reported an increase in orders received, net sales, and profits, indicating strong operational growth and effective strategic planning, which could enhance its market positioning and stakeholder confidence.

EXEO Group Reports Strong Financial Performance and Optimistic Outlook

EXEO Group, Inc. reported a significant improvement in its financial performance for the fiscal year ended March 31, 2025, with a notable increase in net sales and profits. The company also announced a stock split and adjusted its dividend payments accordingly, reflecting a strategic move to enhance shareholder value. The forecast for the next fiscal year indicates continued growth, suggesting positive implications for stakeholders and an optimistic outlook for the company’s future operations.