S B S Holdings, Inc. (JP:2384)
:2384
Want to see JP:2384 full AI Analyst Report?
Top Page
S B S Holdings, Inc.
(2384)
Select Model
Select Model
Rating:78Outperform
Price Target:
¥5,723.00
▲(51.40% Upside)
Action:Upgraded
Date:05/19/26
The score is driven primarily by very attractive valuation (low P/E with a dividend) and strong technical uptrend (price above all major moving averages with positive momentum). Financial performance is stable-to-improving thanks to the 2025 growth rebound and stronger cash flow, but structurally thin margins and still-meaningful leverage temper the overall rating.
Positive Factors
Revenue Growth
A solid revenue rebound in 2025 signals resilient end-market demand and improved volume/price mix across the logistics network. Sustained top-line recovery supports fixed-cost absorption, underpins cash generation and reduces execution risk over the next several quarters.
Negative Factors
Thin Profit Margins
Structurally thin net margins and modest gross margins limit profitability buffers. With operating and EBITDA margins softened, the business is vulnerable to cost inflation or freight-rate pressure, constraining ability to generate sustained high returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A solid revenue rebound in 2025 signals resilient end-market demand and improved volume/price mix across the logistics network. Sustained top-line recovery supports fixed-cost absorption, underpins cash generation and reduces execution risk over the next several quarters.
Read all positive factors
S B S Holdings, Inc. (2384) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥193.23B
Dividend Yield1.84%
Average Volume (3M)50.81K
Price to Earnings (P/E)5.1
Beta (1Y)0.63
Revenue Growth18.74%
EPS Growth223.25%
CountryJP
Employees10,759
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)149.13
Shares Outstanding39,718,200
10 Day Avg. Volume49,520
30 Day Avg. Volume50,810
Financial Highlights & Ratios
PEG Ratio0.57
Price to Book (P/B)1.55
Price to Sales (P/S)0.31
P/FCF Ratio6.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)333.6
Revenue Forecast (FY)¥563.55B
S B S Holdings, Inc. Business Overview & Revenue Model
Company Description
SBS Holdings, Inc. engages in the logistics business in Japan and internationally. It transports products through trucks and train. The company also offers dry, chilled, and frozen logistics services; customs clearance and forwarding services; and...
How the Company Makes Money
null...
S B S Holdings, Inc. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
63
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 454.94B | 490.34B | 448.14B | 431.91B | 455.48B | 403.49B |
| Gross Profit | 46.03B | 55.74B | 49.84B | 50.14B | 50.54B | 46.72B |
| EBITDA | 25.31B | 34.60B | 29.67B | 30.67B | 32.92B | 30.82B |
| Net Income | 5.92B | 11.78B | 9.62B | 10.06B | 11.73B | 10.79B |
Balance Sheet | ||||||
| Total Assets | 328.86B | 346.85B | 317.29B | 301.32B | 296.90B | 277.20B |
| Cash, Cash Equivalents and Short-Term Investments | 26.47B | 22.55B | 29.70B | 29.67B | 32.67B | 23.80B |
| Total Debt | 108.06B | 106.71B | 104.51B | 101.59B | 104.09B | 98.66B |
| Total Liabilities | 215.36B | 220.30B | 204.33B | 198.72B | 204.72B | 196.49B |
| Stockholders Equity | 88.15B | 96.72B | 88.22B | 79.58B | 70.38B | 60.67B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 22.39B | 2.70B | 4.30B | 5.33B | 14.61B |
| Operating Cash Flow | 0.00 | 35.43B | 15.81B | 14.11B | 22.41B | 27.47B |
| Investing Cash Flow | 0.00 | -28.54B | -16.72B | -10.18B | -15.89B | -22.34B |
| Financing Cash Flow | 0.00 | -14.85B | -1.29B | -7.65B | 489.00M | -9.28B |
S B S Holdings, Inc. Technical Analysis
Positive
3780.00
Price Trends
4277.30
Positive
4117.84
Positive
3783.53
Positive
Market Momentum
185.28
Negative
66.77
Neutral
67.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2384, the sentiment is Positive. The current price of 3780 is below the 20-day moving average (MA) of 4428.75, below the 50-day MA of 4277.30, and below the 200-day MA of 3783.53, indicating a bullish trend. The MACD of 185.28 indicates Negative momentum. The RSI at 66.77 is Neutral, neither overbought nor oversold. The STOCH value of 67.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2384.
S B S Holdings, Inc. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥193.23B | 5.05 | ― | 1.84% | 18.74% | 223.25% | |
70 Outperform | ¥144.51B | 10.77 | ― | 3.65% | 3.06% | 1.48% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ¥307.18B | 26.94 | ― | 1.28% | 6.67% | 10.43% | |
60 Neutral | ¥943.35B | 15.06 | 9.97% | 3.54% | 11.19% | 5.65% | |
59 Neutral | ¥334.63B | 18.56 | 8.30% | 2.50% | 5.27% | -5.79% | |
56 Neutral | ¥1.19T | 47.02 | ― | 2.99% | -0.90% | -81.16% |
* Industrials Sector Average
JP:2384
S B S Holdings, Inc.
4,865.00
2,201.22
82.64%
JP:9143
SG Holdings Co
1,485.00
127.83
9.42%
JP:9069
SENKO Group Holdings Co.Ltd.
1,966.50
186.13
10.45%
JP:9025
Konoike Transport Co., Ltd.
2,731.00
7.47
0.27%
JP:9147
NIPPON EXPRESS HOLDINGS,INC.
4,897.00
2,352.69
92.47%
JP:9302
MITSUI-SOKO HOLDINGS Co., Ltd.
3,941.00
284.19
7.77%
S B S Holdings, Inc. Corporate Events
SBS Holdings Delivers Sharp Profit Rebound and Hikes Dividend Outlook
May 15, 2026
SBS Holdings reported a strong rebound for the three months ended March 31, 2026, with net sales climbing 36.0% year on year to ¥153.4 billion and operating income surging more than threefold to ¥13.1 billion. Net income attributable to ...
SBS Holdings Revamps Executive Lineup and Realigns Group Leadership
Mar 30, 2026
SBS Holdings, Inc. has reshuffled its top management, appointing eleven executive officers and redefining their responsibilities following the expiration of the previous team’s terms at the latest Ordinary General Meeting of Shareholders. Ma...
SBS Holdings Discloses Financial Position of Major Shareholder Kamatakikaku
Mar 30, 2026
SBS Holdings, Inc. disclosed the finalized financial results of its unlisted parent and other affiliate, Kamatakikaku, Inc., for the fiscal year ended December 31, 2025, as part of its governance and transparency obligations. Kamatakikaku, which c...
SBS Holdings Details Affiliated Shareholder Structure and Affirms Operational Independence
Mar 30, 2026
SBS Holdings, Inc. disclosed its ownership and governance relationships with affiliated companies Kamatakikaku, Inc. and KMK Holdings, Inc., noting that Kamatakikaku directly holds 49.58% of its voting rights and is therefore its largest sharehold...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.