Kirin Holdings Company Limited (JP:2503)
:2503
Want to see JP:2503 full AI Analyst Report?
Top Page
Kirin Holdings Company
(2503)
Select Model
Select Model
Rating:66Neutral
Price Target:
¥2,726.00
▲(13.70% Upside)
Action:Downgraded
Date:05/15/26
The score is driven primarily by improved profitability and steady revenue trends, supported by an attractive P/E and a moderate dividend yield. Offsetting factors include only moderate balance-sheet flexibility and mixed cash conversion, while technical indicators point to slightly weak near-term momentum.
Positive Factors
Healthy margin profile
Sustained gross and EBIT margins indicate structural cost and pricing strength in core beverage operations. Margins near these levels provide a durable earnings buffer against input-cost swings, supporting predictable operating profits and funding for R&D, marketing, or dividends over the medium term.
Negative Factors
Moderate leverage
Debt-to-equity around 0.72 leaves less balance-sheet flexibility compared with lower-levered peers. Moderate leverage magnifies downside risk if profits slip, increases interest expense exposure and constrains capacity for large, value-creating M&A or faster buybacks without first improving cash conversion or cutting payouts.
Read all positive and negative factors
Positive Factors
Negative Factors
Healthy margin profile
Sustained gross and EBIT margins indicate structural cost and pricing strength in core beverage operations. Margins near these levels provide a durable earnings buffer against input-cost swings, supporting predictable operating profits and funding for R&D, marketing, or dividends over the medium term.
Read all positive factors
Kirin Holdings Company (2503) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥2.20T
Dividend Yield3.05%
Average Volume (3M)2.57M
Price to Earnings (P/E)14.1
Beta (1Y)0.39
Revenue Growth3.28%
EPS Growth165.26%
CountryJP
Employees31,934
SectorConsumer Defensive
Sector Strength42
IndustryBeverages - Alcoholic
Share Statistics
EPS (TTM)185.54
Shares Outstanding816,000,000
10 Day Avg. Volume2,420,760
30 Day Avg. Volume2,571,096
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.48
Price to Sales (P/S)0.78
P/FCF Ratio15.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥2,833.33Price Target Upside18.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)219.31
Revenue Forecast (FY)¥2.49T
Kirin Holdings Company Business Overview & Revenue Model
Company Description
Kirin Holdings Company, Limited (Ticker: 2503) is a prominent Japanese beverage and food conglomerate, primarily known for its production of alcoholic and non-alcoholic beverages, including beer, soft drinks, and dairy products. Founded in 1907, K...
How the Company Makes Money
Kirin Holdings makes money primarily through the sale of products produced and distributed by its consolidated subsidiaries, with earnings ultimately reflected in the holding company’s consolidated revenues and profits.
1) Alcoholic beverages: A ...
Kirin Holdings Company Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
67
Positive
Cash Flow
61
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.46T | 2.43T | 2.34T | 2.13T | 1.99T | 1.82T |
| Gross Profit | 1.18T | 1.16T | 1.02T | 920.79B | 863.85B | 784.65B |
| EBITDA | 369.19B | 353.63B | 306.67B | 288.44B | 270.00B | 231.77B |
| Net Income | 150.28B | 147.54B | 58.21B | 112.70B | 111.01B | 59.79B |
Balance Sheet | ||||||
| Total Assets | 3.41T | 3.49T | 3.35T | 2.87T | 2.54T | 2.47T |
| Cash, Cash Equivalents and Short-Term Investments | 124.05B | 125.29B | 118.62B | 131.40B | 88.06B | 149.49B |
| Total Debt | 937.50B | 923.43B | 931.33B | 733.08B | 605.02B | 641.63B |
| Total Liabilities | 1.78T | 1.90T | 1.82T | 1.44T | 1.29T | 1.32T |
| Stockholders Equity | 1.32T | 1.29T | 1.18T | 1.13T | 980.02B | 894.18B |
Cash Flow | ||||||
| Free Cash Flow | 189.86B | 119.84B | 62.26B | 89.40B | 37.08B | 132.97B |
| Operating Cash Flow | 359.42B | 295.43B | 242.84B | 203.21B | 135.56B | 219.30B |
| Investing Cash Flow | -246.99B | -266.79B | -329.38B | -226.09B | -10.40B | -56.41B |
| Financing Cash Flow | -145.50B | -28.76B | 58.13B | 35.91B | -167.84B | -180.46B |
Kirin Holdings Company Technical Analysis
Neutral
2397.50
Price Trends
2580.76
Positive
2540.76
Positive
2373.00
Positive
Market Momentum
40.70
Negative
47.85
Neutral
45.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2503, the sentiment is Neutral. The current price of 2397.5 is below the 20-day moving average (MA) of 2622.30, below the 50-day MA of 2580.76, and above the 200-day MA of 2373.00, indicating a neutral trend. The MACD of 40.70 indicates Negative momentum. The RSI at 47.85 is Neutral, neither overbought nor oversold. The STOCH value of 45.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2503.
Kirin Holdings Company Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ¥786.11B | 18.04 | 7.70% | 2.67% | -2.65% | 0.31% | |
67 Neutral | ¥1.34T | 15.15 | 6.97% | 2.42% | 3.88% | -0.49% | |
66 Neutral | ¥2.20T | 14.07 | 12.60% | 3.05% | 3.28% | 165.26% | |
66 Neutral | ¥2.32T | 14.39 | 6.47% | 3.23% | 0.42% | -7.71% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
57 Neutral | ¥589.41B | -12.95 | -12.76% | 1.77% | 0.52% | -1385.51% | |
54 Neutral | ¥626.17B | 27.53 | 9.71% | 0.67% | -7.37% | 317.40% |
* Consumer Defensive Sector Average
JP:2503
Kirin Holdings Company
2,612.50
611.48
30.56%
JP:2502
Asahi Group Holdings
1,489.00
-353.19
-19.17%
JP:2579
Coca-Cola Bottlers Japan Holdings
3,553.00
1,241.00
53.68%
JP:2501
Sapporo Holdings
1,613.00
170.07
11.79%
JP:2587
Suntory Beverage & Food
4,327.00
-263.36
-5.74%
JP:2267
Yakult Honsha Co
2,757.50
-72.90
-2.58%
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.