Loadstar Capital KK (3482) AI Stock Analysis

• Market Cap: ¥62.17B
• Dividend Yield: 2.38%
• Average Volume (3M): 145.61K
• Price to Earnings (P/E): 7.9
• Beta (1Y): 1.12
• Revenue Growth: 33.64%
• EPS Growth: -0.28%
• Country: JP
• Employees: 62
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 161.53
• Shares Outstanding: 21,444,000
• 10 Day Avg. Volume: 121,720
• 30 Day Avg. Volume: 145,613
• PEG Ratio: 0.42
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 1.12
• P/FCF Ratio: -17.96
• 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): 536.64
• Revenue Forecast (FY): ¥56.71B

• Rating: 65 Neutral
• Price Target: ¥3,263.00 ▲(8.23% Upside)
• Action: Downgraded Date: 11/05/25
• Date: Action: Downgraded 11/05/25

Loadstar Capital KK's strong financial performance and attractive valuation are offset by technical indicators suggesting weak momentum and significant risks from high leverage and negative cash flows. The stock's undervaluation and dividend yield provide some support, but caution is advised due to liquidity concerns.

Positive Factors

Revenue Growth

Sustained high revenue growth (near 30%) shows the business is expanding scale and market penetration rather than relying on one-off items. Over 2-6 months this supports durable top-line momentum, enabling operating leverage and reinvestment opportunities if cash conversion improves.

High Profit Margins

Consistently high operating and net margins indicate strong pricing power or a favorable cost structure in the real-estate services model. Margins of this magnitude provide a durable earnings buffer that can fund strategic initiatives and absorb cyclical revenue swings long term.

Strong Reported ROE

Mid-20%+ ROE signals efficient capital use and attractive reported profitability versus equity. For a capital-intensive real-estate services firm, sustained high ROE supports competitive positioning and can attract capital, aiding growth and strategic flexibility over several quarters.

Negative Factors

Persistent Negative Cash Flow

Consistent negative operating and free cash flow despite reported profits indicates weak cash conversion and recurring funding needs. Over months this forces reliance on external financing or asset sales, increases refinancing risk, and casts doubt on the sustainability of reported earnings.

Elevated Leverage

Meaningful debt relative to equity increases sensitivity to interest rates and refinancing cycles in real-estate markets. High leverage can amplify returns in upcycles but materially raises solvency and liquidity risk over a 2-6 month horizon if cash generation remains weak.

Margin Softening Trend

A recent decline in margins suggests emerging cost pressure, mix shifts, or pricing strains. If the trend persists, it will erode the company’s strong reported profitability and reduce capacity to cover debt costs and fund investments, worsening leverage and cash-flow dynamics.

Loadstar Capital KK Business Overview & Revenue Model

Company Description

Loadstar Capital K.K. engages in real estate investment business in Japan. The company invests in, purchases, manages, and sells office buildings, multipurpose buildings, apartment buildings, etc., as well as provides real estate brokerage and consulting services. It also operates OwnersBook, a real estate investment crowdfunding platform; and provides asset management services. The company was founded in 2012 and is based in Tokyo, Japan.

How the Company Makes Money

Loadstar Capital KK generates revenue through multiple streams, primarily from management fees and performance fees associated with its asset management services. The company charges management fees based on the assets under management (AUM) for its investment funds, which provides a steady income stream. Additionally, Loadstar earns performance fees when the returns on its investments exceed predetermined benchmarks, incentivizing the firm to achieve high performance for its clients. The company may also generate revenue through advisory fees from its strategic consulting services, particularly in mergers and acquisitions or capital raising activities. Partnerships with other financial institutions and strategic investors enhance Loadstar's investment opportunities and can lead to co-investment arrangements that drive additional earnings.

Loadstar Capital KK Financial Statement Overview

Summary

Loadstar Capital KK shows strong revenue growth and profitability with efficient cost management. However, high leverage and negative cash flows pose significant risks, necessitating improved cash flow management and debt reduction.

Income Statement

Loadstar Capital KK has demonstrated strong revenue growth, with a significant increase from 2023 to 2024. The gross profit margin and net profit margin are robust, showing efficient cost management and profitability. The EBIT and EBITDA margins are also healthy, indicating strong operational performance. However, the rapid revenue growth may face sustainability challenges in the long term.

Balance Sheet

The balance sheet reveals a strong equity base with increasing stockholders' equity, supporting a moderate equity ratio. However, the company has a high debt-to-equity ratio, indicating significant leverage, which could pose risks if not managed carefully. Return on equity is commendable, reflecting efficient use of shareholder funds.

Cash Flow

Cash flow analysis shows negative free cash flow due to substantial operating cash outflows, which could be concerning for liquidity. The operating cash flow to net income ratio is negative, suggesting cash earnings are not supporting net income adequately. The free cash flow to net income ratio is also negative, highlighting potential issues in cash generation from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	40.01B	44.63B	34.42B	28.73B	23.64B	17.92B
Gross Profit	16.25B	13.96B	13.35B	10.07B	9.36B	6.96B
EBITDA	15.26B	14.44B	12.42B	8.94B	8.13B	6.09B
Net Income	8.44B	7.98B	6.87B	4.88B	4.84B	3.46B
Balance Sheet
Total Assets	123.20B	124.07B	107.40B	75.47B	65.70B	56.98B
Cash, Cash Equivalents and Short-Term Investments	12.04B	14.59B	12.65B	11.93B	9.40B	7.93B
Total Debt	74.11B	69.65B	62.76B	41.86B	37.77B	33.34B
Total Liabilities	94.04B	91.12B	81.76B	56.18B	50.94B	46.14B
Stockholders Equity	29.16B	32.93B	25.64B	19.29B	14.77B	10.85B
Cash Flow
Free Cash Flow	0.00	-2.79B	-18.71B	-790.00M	-1.67B	-450.00M
Operating Cash Flow	0.00	-2.63B	-18.66B	-789.00M	-1.52B	-450.00M
Investing Cash Flow	0.00	-1.06B	-475.00M	-1.00M	-232.00M	12.00M
Financing Cash Flow	0.00	5.63B	19.86B	3.31B	3.23B	1.01B

Loadstar Capital KK Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3015.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3482, the sentiment is Positive. The current price of 3015 is below the 20-day moving average (MA) of 3385.25, below the 50-day MA of 3163.39, and above the 200-day MA of 2916.65, indicating a bullish trend. The MACD of 175.24 indicates Negative momentum. The RSI at 82.84 is Negative, neither overbought nor oversold. The STOCH value of 95.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3482.

Loadstar Capital KK Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3479	67 Neutral	¥86.55B	22.46	―	―	127.32%	-22.79%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3482	65 Neutral	¥62.17B	7.89	―	2.38%	33.64%	-0.28%
8841	64 Neutral	¥84.51B	44.84	1.46%	1.18%	6.40%	230.12%
2980	64 Neutral	¥46.80B	19.15	―	0.45%	-8.33%	-36.89%
2986	64 Neutral	¥74.28B	11.40	―	5.71%	8.07%	12.06%
3252	62 Neutral	¥72.15B	9.56	―	2.89%	-3.09%	-35.66%

Loadstar Capital KK Corporate Events

Loadstar Capital Raises Year-End Dividend on Strong Fiscal 2025 Performance

Loadstar Capital K.K. has announced that its board approved an increase in the year-end dividend from surplus for the fiscal year ended December 31, 2025, raising the planned payout to 86 yen per share from the previously forecast 83 yen. The total dividend distribution will rise to 1,448 million yen, up from 1,159 million yen for the prior year, reflecting the company’s solid financial position, business performance, and continued commitment to shareholder returns.

The revised dividend, payable on March 30, 2026 and funded from retained earnings, represents a significant improvement over the previous fiscal year’s 70 yen per share year-end dividend. By lifting the forecast while reiterating its aim for an 18% payout ratio, Loadstar Capital signals confidence in its future business development and reinforces its stance on maintaining a stable and progressively rising dividend policy for investors.

The most recent analyst rating on (JP:3482) stock is a Hold with a Yen3263.00 price target. To see the full list of analyst forecasts on Loadstar Capital KK stock, see the JP:3482 Stock Forecast page.

Loadstar Capital outlines FY2025 results presentation and Real Estate X Tech mission

Loadstar Capital K.K. has released materials labeled as its FY2025 financial results for the fiscal year ended December 31, 2025, indicating the period and context for its latest performance disclosure. The documents are heavily formatted with brand color schemes and visual design guidelines, suggesting they are part of an investor-facing presentation rather than a narrative update.

The release prominently reiterates the company’s mission of “Real Estate X Tech to Open Up a New Market,” underscoring a strategic emphasis on combining property assets with fintech solutions. While the materials do not provide concrete financial figures or operational metrics, the branding references to its OwnersBook platform and fintech domain signal continued positioning as a tech-driven real estate player in Japan’s capital markets.

The most recent analyst rating on (JP:3482) stock is a Hold with a Yen3263.00 price target. To see the full list of analyst forecasts on Loadstar Capital KK stock, see the JP:3482 Stock Forecast page.

Loadstar Capital Posts Double-Digit Earnings Growth and Hikes Dividend for FY2025

Loadstar Capital K.K. reported strong results for the fiscal year ended December 31, 2025, with consolidated net sales rising 29.7% to ¥44.6 billion and profit attributable to owners of the parent increasing 16.1% to ¥8.0 billion, while earnings per share climbed to ¥479.56. The company’s financial position improved as total assets expanded to ¥124.1 billion and the equity ratio rose to 26.1%, supporting a dividend hike from ¥70 to ¥86 per share for FY2025 and an additional increase to ¥98 projected for FY2026, alongside expectations of double-digit growth in revenue and profits.

Non-consolidated results also showed solid gains, with standalone net sales up 22.2% and net profit up 23.4%, reflecting robust core operations and better capital efficiency. Cash flow from operating activities, excluding real estate inventory acquisition, improved year on year, and Loadstar expanded its consolidation scope by adding four new subsidiaries, underscoring growth in its managed platform and signaling continued focus on scaling its business and shareholder returns.

The most recent analyst rating on (JP:3482) stock is a Hold with a Yen3263.00 price target. To see the full list of analyst forecasts on Loadstar Capital KK stock, see the JP:3482 Stock Forecast page.

Loadstar Capital to Sell Major Tokyo Office-Retail Property With Significant Profit Impact

Loadstar Capital K.K. has resolved to sell a 12-story steel-framed office and retail property located in Tokyo’s Chiyoda ward, as approved by its board of directors. While the buyer’s identity and the transaction price remain undisclosed due to confidentiality obligations, the company indicated that the sale amount exceeds 10% of its latest annual consolidated net sales and that the profit from the deal will surpass 30% of its operating, ordinary, and net profit, underscoring the transaction’s material scale. The sale contract is scheduled to be signed on December 23, 2025, with settlement expected on February 27, 2026, and Loadstar plans to incorporate the financial impact of the disposal into its consolidated earnings forecast for the fiscal year ending December 31, 2026.

The most recent analyst rating on (JP:3482) stock is a Hold with a Yen3112.00 price target. To see the full list of analyst forecasts on Loadstar Capital KK stock, see the JP:3482 Stock Forecast page.

Loadstar Capital K.K. Announces Major Real Estate Sale in Tokyo

Loadstar Capital K.K. announced the sale of a significant real estate asset located in Chiyoda-ku, Tokyo, which includes office and residential spaces. The transaction, which is valued at over 10% of the company’s consolidated net sales, is expected to impact the company’s financial performance for the fiscal year ending December 31, 2025.

The most recent analyst rating on (JP:3482) stock is a Hold with a Yen3112.00 price target. To see the full list of analyst forecasts on Loadstar Capital KK stock, see the JP:3482 Stock Forecast page.