Mie Kotsu Group Holdings, Inc. (JP:3232)
:3232
Want to see JP:3232 full AI Analyst Report?
Top Page
Mie Kotsu Group Holdings, Inc.
(3232)
Select Model
Select Model
Rating:66Neutral
Price Target:
¥556.00
▲(2.96% Upside)
Action:Downgraded
Date:05/15/26
The score is supported by attractive valuation (low P/E and solid dividend yield) and improving profitability trends, but is held back by weak technical momentum (below major moving averages with negative MACD) and increased cash-flow risk due to recently negative free cash flow alongside still-elevated absolute debt.
Positive Factors
Consistent revenue growth
Sustained annual revenue increases across 2022–2026 indicate durable demand for regional transport and related services. This steady top-line expansion supports scale benefits, helps absorb fixed costs, and underpins longer-term investment capacity and service continuity.
Negative Factors
High absolute debt
Elevated absolute debt levels constrain strategic flexibility and raise interest expense sensitivity. If earnings soften or funding costs rise, the company could face tighter cash allocation choices, slowing deleveraging and limiting capital available for growth or modernization.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth
Sustained annual revenue increases across 2022–2026 indicate durable demand for regional transport and related services. This steady top-line expansion supports scale benefits, helps absorb fixed costs, and underpins longer-term investment capacity and service continuity.
Read all positive factors
Mie Kotsu Group Holdings, Inc. (3232) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥51.33B
Dividend Yield2.97%
Average Volume (3M)167.55K
Price to Earnings (P/E)8.4
Beta (1Y)0.59
Revenue Growth6.17%
EPS Growth2.88%
CountryJP
Employees2,980
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)60.28
Shares Outstanding107,301,580
10 Day Avg. Volume76,800
30 Day Avg. Volume167,546
Financial Highlights & Ratios
PEG Ratio3.02
Price to Book (P/B)0.78
Price to Sales (P/S)0.50
P/FCF Ratio-54.45
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)59.7
Revenue Forecast (FY)¥110.90B
Mie Kotsu Group Holdings, Inc. Business Overview & Revenue Model
Company Description
Mie Kotsu Group Holdings, Inc. engages in the transportation, real estate, distribution, and leisure service businesses in Japan. It offers transit and charter bus services; operates intercity express buses and limousine buses for Chubu Centrair I...
How the Company Makes Money
Revenue is generated primarily through operating subsidiaries. Key revenue streams generally include (1) fares and related income from transportation services (e.g., route bus and other transit operations), where earnings depend on passenger volum...
Mie Kotsu Group Holdings, Inc. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
63
Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 102.24B | 110.26B | 103.85B | 98.22B | 93.12B | 84.35B |
| Gross Profit | 28.90B | 30.99B | 24.99B | 23.35B | 22.12B | 18.15B |
| EBITDA | 13.64B | 15.24B | 13.52B | 12.16B | 11.24B | 8.49B |
| Net Income | 6.04B | 6.25B | 6.06B | 4.75B | 3.77B | 2.21B |
Balance Sheet | ||||||
| Total Assets | 184.42B | 191.51B | 181.61B | 181.29B | 167.90B | 165.15B |
| Cash, Cash Equivalents and Short-Term Investments | 4.94B | 4.73B | 5.42B | 9.67B | 9.33B | 7.38B |
| Total Debt | 84.63B | 81.09B | 79.19B | 80.67B | 79.60B | 82.38B |
| Total Liabilities | 120.59B | 120.98B | 118.43B | 121.96B | 115.12B | 116.76B |
| Stockholders Equity | 63.46B | 70.14B | 62.83B | 59.01B | 52.47B | 48.10B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -1.01B | -1.57B | 70.79M | 5.88B | 4.62B |
| Operating Cash Flow | 0.00 | 7.87B | 9.10B | 6.37B | 8.36B | 8.73B |
| Investing Cash Flow | 0.00 | -8.86B | -11.26B | -5.63B | -2.49B | -5.15B |
| Financing Cash Flow | 0.00 | 261.41M | -2.69B | -52.65M | -3.71B | -3.86B |
Mie Kotsu Group Holdings, Inc. Technical Analysis
Negative
540.00
Price Trends
536.80
Negative
547.93
Negative
537.07
Negative
Market Momentum
-5.67
Negative
46.42
Neutral
41.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3232, the sentiment is Negative. The current price of 540 is above the 20-day moving average (MA) of 520.25, above the 50-day MA of 536.80, and above the 200-day MA of 537.07, indicating a bearish trend. The MACD of -5.67 indicates Negative momentum. The RSI at 46.42 is Neutral, neither overbought nor oversold. The STOCH value of 41.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3232.
Mie Kotsu Group Holdings, Inc. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥666.22B | 12.68 | 8.64% | 1.82% | 0.49% | 15.11% | |
66 Neutral | ¥51.33B | 8.42 | ― | 2.97% | 6.17% | 2.88% | |
65 Neutral | ¥354.46B | 15.64 | ― | 2.26% | 0.12% | -39.06% | |
64 Neutral | ¥321.72B | 9.59 | 8.87% | 1.19% | 6.04% | 24.61% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | ¥105.72B | 18.31 | ― | 1.40% | 2.46% | 13.53% | |
57 Neutral | ¥230.89B | 9.06 | ― | 2.30% | 5.27% | 13.09% |
* Industrials Sector Average
JP:3232
Mie Kotsu Group Holdings, Inc.
520.00
52.16
11.15%
JP:9045
Keihan Holdings Co
3,214.00
210.13
7.00%
JP:9041
Kintetsu Group Holdings Co
3,587.00
922.80
34.64%
JP:9003
Sotetsu Holdings, Inc.
2,359.00
236.43
11.14%
JP:9010
Fuji Kyuko Co., Ltd.
2,016.00
2.46
0.12%
JP:9048
Nagoya Railroad Co., Ltd.
1,834.00
251.62
15.90%
Mie Kotsu Group Holdings, Inc. Corporate Events
Mie Kotsu Details Ties to Kintetsu Group While Emphasizing Management Independence
May 13, 2026
Mie Kotsu Group Holdings, Inc., an affiliate within the Kintetsu Group, operates lifestyle-related and transportation businesses in a different regional focus from its larger partner, which centers on railway operations. The group structure is des...
Mie Kotsu Group Overhauls Leadership Ahead of June Shareholders’ Meeting
May 13, 2026
Mie Kotsu Group Holdings has announced a broad reshuffle of its leadership, with the board tentatively approving new director and executive appointments to take effect after the June 18, 2026 shareholders’ meeting. The changes come alongside...
Mie Kotsu Group to Revamp Articles as It Shifts to Audit & Supervisory Committee Structure
May 13, 2026
Mie Kotsu Group Holdings plans to amend its Articles of Incorporation in conjunction with its transition to a company with an Audit Supervisory Committee, a move to be put before shareholders at the June 18, 2026 ordinary general meeting. The cha...
Mie Kotsu Group Details Diversified Structure in FY2026 Financial Supplement
May 13, 2026
Mie Kotsu Group Holdings, Inc. released supplementary material on its financial results for the fiscal year ending March 2026, outlining the breadth of its operations across transportation, real estate, distribution and leisure services. The discl...
Mie Kotsu Group Lifts Dividend as Profit Rises and Balance Sheet Strengthens
May 13, 2026
Mie Kotsu Group Holdings reported consolidated operating revenue of ¥110.26 billion for the fiscal year ended March 31, 2026, up 6.2% year on year, with operating profit rising 15.9% to ¥9.76 billion and profit attributable to owners of ...
Mie Kotsu Books Extraordinary Parent-Only Loss Linked to Subsidiary Dissolution
Apr 22, 2026
Mie Kotsu Group Holdings, Inc., a diversified Japanese holding company active in transportation, logistics, and lifestyle-related services around Mie Prefecture, oversees a portfolio of operating subsidiaries that support regional mobility and com...
Mie Kotsu Group to Shift Governance to Audit & Supervisory Committee Structure
Mar 24, 2026
Mie Kotsu Group Holdings, Inc. will shift its governance structure from a company with an Audit Supervisory Board to a company with an Audit Supervisory Committee, pending shareholder approval at its 20th Ordinary General Meeting in June 2026. T...
Mie Kotsu Group Overhauls Leadership, Centralizes Top Roles Under Masuda
Mar 24, 2026
Mie Kotsu Group Holdings, Inc. has announced a broad leadership reshuffle across the holding company and key subsidiaries, aimed at refreshing its management structure. Director Michiyasu Masuda is slated to become President and Representative Dir...
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.