JSB Co. Ltd. (JP:3480)
:3480
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JSB Co. Ltd.
(3480)
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Rating:62Neutral
Price Target:
¥5,576.00
▲(56.41% Upside)
Action:ReiteratedDate:03/26/26
The score is driven primarily by solid financial performance (strong revenue growth but weaker 2025 margins and consistently weak free cash flow) and strong technical uptrend momentum. These positives are tempered by expensive valuation (high P/E) and overbought technical conditions (high RSI), which increase downside risk.
Positive Factors
Consistent Revenue Growth
Multi‑year revenue growth (≈9–13% to 2024 and a 2025 step‑up) signals durable demand for JSB's real‑estate services. This trend reflects expanding property management scale and supports predictable top‑line momentum across leasing and development cycles.
Negative Factors
Negative Free Cash Flow
Persistently negative free cash flow, and materially so in 2025, implies earnings are not fully converting to distributable cash. This increases funding dependence for growth and capex, elevates refinancing and liquidity risk, and makes performance more cyclical under stress.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Multi‑year revenue growth (≈9–13% to 2024 and a 2025 step‑up) signals durable demand for JSB's real‑estate services. This trend reflects expanding property management scale and supports predictable top‑line momentum across leasing and development cycles.
Read all positive factors
JSB Co. Ltd. (3480) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥114.24B
Dividend Yield2.95%
Average Volume (3M)20.74K
Price to Earnings (P/E)44.5
Beta (1Y)0.60
Revenue Growth9.37%
EPS Growth-31.19%
CountryJP
Employees1,156
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)18.16
Shares Outstanding21,957,600
10 Day Avg. Volume17,150
30 Day Avg. Volume20,736
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)1.85
Price to Sales (P/S)1.01
P/FCF Ratio-20.91
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)298.1
Revenue Forecast (FY)¥82.58B
JSB Co. Ltd. Business Overview & Revenue Model
Company Description
J.S.B.Co.,Ltd. engages in the planning, development, mediation, and management of condominiums in Japan. The company plans, develops, and operates student condominiums, halls, and dormitories; and houses for elderly. It also engages in the condomi...
How the Company Makes Money
JSB Co. Ltd. generates revenue primarily through its property management services, which include the development, leasing, and management of student accommodations and rental properties. The company also earns income from real estate sales and rel...
JSB Co. Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
45
Neutral
| Breakdown | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 76.05B | 69.53B | 63.78B | 57.92B | 52.79B |
| Gross Profit | 13.68B | 12.44B | 11.37B | 10.28B | 9.00B |
| EBITDA | 9.87B | 12.98B | 8.81B | 7.91B | 6.36B |
| Net Income | 5.15B | 7.45B | 4.78B | 4.30B | 3.25B |
Balance Sheet | |||||
| Total Assets | 88.95B | 79.97B | 66.65B | 58.94B | 50.34B |
| Cash, Cash Equivalents and Short-Term Investments | 17.36B | 17.34B | 11.74B | 14.72B | 12.77B |
| Total Debt | 30.08B | 26.03B | 22.17B | 19.58B | 15.94B |
| Total Liabilities | 47.32B | 42.08B | 35.60B | 32.13B | 27.14B |
| Stockholders Equity | 41.63B | 37.90B | 31.02B | 26.78B | 23.17B |
Cash Flow | |||||
| Free Cash Flow | -3.67B | -1.11B | -4.63B | -1.28B | -2.02B |
| Operating Cash Flow | 6.81B | 8.17B | 6.25B | 6.04B | 4.91B |
| Investing Cash Flow | -9.32B | -5.25B | -11.11B | -7.09B | -7.22B |
| Financing Cash Flow | 2.53B | 2.68B | 1.88B | 3.00B | 5.69B |
JSB Co. Ltd. Technical Analysis
Positive
3565.00
Price Trends
3817.90
Positive
3657.65
Positive
3725.13
Positive
Market Momentum
458.31
Negative
77.60
Negative
87.09
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3480, the sentiment is Positive. The current price of 3565 is below the 20-day moving average (MA) of 4456.75, below the 50-day MA of 3817.90, and below the 200-day MA of 3725.13, indicating a bullish trend. The MACD of 458.31 indicates Negative momentum. The RSI at 77.60 is Negative, neither overbought nor oversold. The STOCH value of 87.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3480.
JSB Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥39.69B | 4.48 | ― | 3.01% | -1.93% | 47.35% | |
69 Neutral | ¥3.24T | 9.18 | 11.39% | 2.93% | 1.93% | 5.42% | |
69 Neutral | ¥55.68B | 6.54 | ― | 6.02% | 1.33% | 9.59% | |
68 Neutral | ¥57.68B | 6.36 | 6.98% | 7.35% | -21.50% | -56.82% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | ¥114.24B | 44.54 | ― | 2.95% | 9.37% | -31.19% | |
59 Neutral | ¥119.55B | 21.79 | 4.48% | 3.30% | -2.12% | 0.89% |
* Real Estate Sector Average
JP:3480
JSB Co. Ltd.
5,260.00
2,098.18
66.36%
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JSB Co. Ltd. Corporate Events
J.S.B. Swings to Quarterly Profit and Lifts Full-Year Dividend Forecast on Solid Sales Growth
Mar 13, 2026
J.S.B. Co., Ltd. reported consolidated net sales of 16.77 billion yen for the three months ended January 31, 2026, up 9.9% year on year, while narrowing its operating and ordinary losses compared with the prior-year period and turning to a profit ...
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.