Komehyo Holdings Co., Ltd. (2780) AI Stock Analysis

• Market Cap: ¥32.92B
• Dividend Yield: 3.69%
• Average Volume (3M): 80.22K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 0.94
• Revenue Growth: 36.03%
• EPS Growth: -27.99%
• Country: JP
• Employees: 1,405
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 29.51
• Shares Outstanding: 11,257,000
• 10 Day Avg. Volume: 106,010
• 30 Day Avg. Volume: 80,220
• PEG Ratio: -1.32
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 0.20
• P/FCF Ratio: -3.98
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥2,877.00 ▲(0.49% Upside)

Komehyo Holdings' overall score is driven by its strong valuation, with a low P/E ratio and solid dividend yield. However, financial performance concerns due to high leverage and negative cash flow, combined with bearish technical indicators, weigh down the score.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates successful market penetration and product demand, which supports long-term business sustainability.

Market Position

A robust presence in both physical and digital spaces enhances Komehyo's market reach and customer accessibility, strengthening its competitive position.

Industry Trend

The increasing demand for sustainable fashion supports Komehyo's business model, aligning with consumer preferences and driving future growth.

Negative Factors

High Leverage

High leverage can increase financial risk, potentially impacting the company's ability to invest in growth opportunities and manage economic downturns.

Negative Cash Flow

Negative cash flow indicates potential liquidity issues, which could hinder the company's ability to fund operations and strategic initiatives.

Declining EBIT Margin

Rising operational costs could pressure profitability, affecting the company's ability to maintain margins and invest in business expansion.

Komehyo Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

Komehyo Holdings Co.,Ltd. engages in the purchase and sale of used and new products through stores in Japan. The company offers jewelry, metals, clocks, bags, cloths, cameras, musical instruments, and other stocks, as well as car tire, aluminum wheel, and auto equipment. It is also involved in the lease of real estate properties. Komehyo Holdings Co.,Ltd. was founded in 1947 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Komehyo generates revenue through the retail sale of secondhand luxury goods, including clothing, handbags, watches, and jewelry. The company profits from both its brick-and-mortar stores and its e-commerce platform, capitalizing on the increasing consumer demand for sustainable fashion. Key revenue streams include direct sales of consigned items, which are acquired from individual sellers and resold at marked-up prices, as well as trade-in services that allow customers to exchange their luxury items for store credit or cash. The company may also engage in partnerships with luxury brands and other retailers to broaden its inventory and enhance customer reach, contributing to its overall earnings.

Komehyo Holdings Co., Ltd. Financial Statement Overview

Summary

Komehyo Holdings demonstrates strong revenue growth and stable profit margins, indicating operational success. However, high leverage and negative cash flow present potential risks, necessitating improvements in operational efficiency and cash flow management for long-term stability.

Income Statement

Komehyo Holdings has demonstrated strong revenue growth over the years, with a significant increase from the previous periods. The Gross Profit Margin and Net Profit Margin have been stable, indicating effective cost management and profitability. However, a decline in EBIT margin suggests increased operational expenses, which could impact future profitability.

Balance Sheet

The company has a relatively high Debt-to-Equity ratio, indicating higher leverage, which could pose financial risks if not managed properly. However, the Return on Equity is solid, reflecting efficient use of equity to generate profits. The Equity Ratio suggests a balanced capital structure but with room for improvement in reducing debt levels.

Cash Flow

Komehyo Holdings faces challenges with negative free cash flow, indicating difficulties in generating sufficient cash from operations to cover capital expenditures. The Operating Cash Flow to Net Income ratio is negative, signaling potential liquidity issues. However, the company has managed to improve its financing cash flow, which could help manage its cash needs in the short term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	171.61B	158.99B	119.46B	86.11B	71.15B	50.72B
Gross Profit	36.51B	35.25B	29.59B	22.54B	18.42B	13.84B
EBITDA	8.04B	9.28B	9.03B	6.66B	4.40B	674.61M
Net Income	3.72B	4.78B	5.03B	3.71B	2.26B	-595.59M
Balance Sheet
Total Assets	98.58B	88.63B	64.04B	46.75B	39.67B	37.40B
Cash, Cash Equivalents and Short-Term Investments	19.94B	15.54B	18.09B	12.28B	10.74B	11.98B
Total Debt	58.18B	47.40B	27.73B	16.50B	13.52B	14.75B
Total Liabilities	66.07B	55.43B	35.27B	22.51B	18.97B	18.96B
Stockholders Equity	32.11B	32.77B	28.41B	23.93B	20.44B	18.25B
Cash Flow
Free Cash Flow	0.00	-7.86B	-3.27B	-105.68M	506.18M	2.92B
Operating Cash Flow	0.00	-5.18B	-548.05M	1.54B	1.13B	4.38B
Investing Cash Flow	0.00	-6.71B	-3.22B	-1.95B	-529.30M	-1.22B
Financing Cash Flow	0.00	11.91B	9.43B	1.85B	-1.90B	1.35B

Komehyo Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2863.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2780, the sentiment is Positive. The current price of 2863 is below the 20-day moving average (MA) of 2868.60, above the 50-day MA of 2849.30, and above the 200-day MA of 2858.65, indicating a bullish trend. The MACD of 33.58 indicates Negative momentum. The RSI at 65.40 is Neutral, neither overbought nor oversold. The STOCH value of 79.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2780.

Komehyo Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2975	76 Outperform	¥47.79B	12.01	―	2.81%	21.69%	30.92%
8860	74 Outperform	¥29.65B	5.67	―	4.20%	6.26%	-4.41%
8864	70 Outperform	¥53.19B	28.99	―	2.93%	26.99%	-26.97%
3457	70 Neutral	¥21.31B	9.57	―	4.31%	-6.89%	7.72%
3486	66 Neutral	¥34.33B	5.49	―	6.11%	81.19%	250.41%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
2780	63 Neutral	¥32.92B	9.43	―	3.69%	36.03%	-27.99%

Komehyo Holdings Co., Ltd. Corporate Events

Komehyo’s Brand and Fashion Business Posts Strong November on Luxury Demand and Gold Price Surge

Komehyo Holdings reported strong performance in its brand and fashion business for November of the fiscal year ending March 2026, with net sales and individual purchase amounts continuing to grow at double-digit year-on-year rates, supported by robust retail demand and even faster growth in corporate sales. The company cited a Holiday SALE campaign, new store openings in Japan and Shanghai, and rising trading prices at corporate auctions—particularly for gold, bullion and popular watch models boosted by higher gold prices, inflation and a weak yen—as key drivers, though it noted that the surge in purchases of low-margin gold, bullion and watches is shaping the profit structure; the disclosed figures are preliminary, unaudited and exclude certain merged entities for the April–December period, which stakeholders should consider when assessing underlying trends.

The most recent analyst rating on (JP:2780) stock is a Hold with a Yen2877.00 price target. To see the full list of analyst forecasts on Komehyo Holdings Co., Ltd. stock, see the JP:2780 Stock Forecast page.

Komehyo Holdings Reports Mixed Financial Results Amid Rising Sales

Komehyo Holdings reported a significant increase in net sales by 37.7% for the six months ending September 30, 2025, compared to the previous year. However, the company experienced a decline in operating profit, ordinary profit, and profit attributable to owners of the parent, indicating challenges in managing costs or market conditions. Despite these mixed results, the company maintains its forecast for the fiscal year ending March 31, 2026, with expectations of increased net sales and operating profit, suggesting confidence in its strategic initiatives and market positioning.

The most recent analyst rating on (JP:2780) stock is a Buy with a Yen3416.00 price target. To see the full list of analyst forecasts on Komehyo Holdings Co., Ltd. stock, see the JP:2780 Stock Forecast page.

Komehyo Holdings Reports Revenue Growth Amid Profit Challenges

Komehyo Holdings Co., Ltd. reported a revenue increase but a profit decrease for the second quarter of the fiscal year ending March 31, 2026. Despite achieving record net sales, profitability was impacted by higher SG&A expenses due to store openings and increased corporate sales ratio. The company is aggressively investing in expanding its store network, both domestically and internationally, to reinforce sustainable growth. With new purchasing centers in Malaysia and Thailand and a joint venture with J. Front Retailing, Komehyo is steadily expanding its market share, aiming to improve profitability amidst external market fluctuations.

The most recent analyst rating on (JP:2780) stock is a Buy with a Yen3416.00 price target. To see the full list of analyst forecasts on Komehyo Holdings Co., Ltd. stock, see the JP:2780 Stock Forecast page.

Komehyo Holdings Revises Earnings Forecast Amid Global Economic Challenges

Komehyo Holdings Co., Ltd. announced a revision of its earnings forecasts for the fiscal year ending March 31, 2026, due to recent operating trends. The company has increased its net sales forecast but lowered its profit expectations, citing challenges in the brand reuse market, influenced by global economic factors such as U.S. tariff policies and the Chinese economic recession. Despite these challenges, Komehyo has seen success in retail and corporate sales, driven by new store openings and increased gold bullion transactions.

The most recent analyst rating on (JP:2780) stock is a Buy with a Yen3416.00 price target. To see the full list of analyst forecasts on Komehyo Holdings Co., Ltd. stock, see the JP:2780 Stock Forecast page.