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Kasumigaseki Capital Co., Ltd.
(3498)
Select Model
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Rating:66Neutral
Price Target:
¥8,586.00
▲(16.82% Upside)
Action:Reiterated
Date:08/06/26
The score is mainly held back by inconsistent cash generation and elevated leverage despite strong revenue and margin expansion. Technicals are supportive due to a clear uptrend, but overbought signals add near-term risk, while valuation is reasonably priced with a modest yield.
Positive Factors
Revenue & Margin Expansion
Sustained top-line scaling and materially higher margins reflect durable operating leverage and stronger project execution across development cycles. Higher gross and net margins expand the company's ability to fund reinvestment and absorb cyclical dips, improving long-term earnings durability.
Negative Factors
Weak and volatile cash conversion
Multi-year OCF volatility and very low free cash flow relative to earnings (~0.06 FCF/net income) signal weak cash conversion. That undermines the company's ability to self-fund projects, increases dependence on external financing, and raises execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & Margin Expansion
Sustained top-line scaling and materially higher margins reflect durable operating leverage and stronger project execution across development cycles. Higher gross and net margins expand the company's ability to fund reinvestment and absorb cyclical dips, improving long-term earnings durability.
Read all positive factors
Kasumigaseki Capital Co., Ltd. (3498) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥182.59B
Dividend Yield1.6%
Average Volume (3M)1.03M
Price to Earnings (P/E)14.3
Beta (1Y)1.07
Revenue Growth62.67%
EPS Growth57.92%
CountryJP
Employees727
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)615.34
Shares Outstanding24,587,930
10 Day Avg. Volume830,970
30 Day Avg. Volume1,026,673
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)4.81
Price to Sales (P/S)1.83
P/FCF Ratio445.11
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)684.1
Revenue Forecast (FY)¥154.78B
Kasumigaseki Capital Co., Ltd. Business Overview & Revenue Model
Company Description
Kasumigaseki Capital Co.,Ltd., established in 2011 and headquartered in Tokyo, Japan, primarily offers real estate consulting services throughout the country. Beyond its core real estate activities, the company actively develops and manages power ...
How the Company Makes Money
null...
Kasumigaseki Capital Co., Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
64
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 123.87B | 96.50B | 65.69B | 37.28B | 20.78B | 14.30B |
| Gross Profit | 43.62B | 36.44B | 18.56B | 10.10B | 6.18B | 4.41B |
| EBITDA | 24.16B | 19.97B | 9.30B | 4.64B | 2.15B | 1.41B |
| Net Income | 12.75B | 10.25B | 5.02B | 2.05B | 1.02B | 793.53M |
Balance Sheet | ||||||
| Total Assets | 163.41B | 121.69B | 77.55B | 43.78B | 30.44B | 15.04B |
| Cash, Cash Equivalents and Short-Term Investments | 42.85B | 24.02B | 11.06B | 5.90B | 5.39B | 3.61B |
| Total Debt | 69.46B | 68.87B | 41.89B | 28.28B | 18.41B | 7.51B |
| Total Liabilities | 87.88B | 83.49B | 49.81B | 32.10B | 21.08B | 10.13B |
| Stockholders Equity | 75.08B | 36.61B | 27.03B | 11.18B | 9.28B | 4.88B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 396.00M | -10.35B | -8.38B | -11.89B | -687.36M |
| Operating Cash Flow | 0.00 | 6.89B | -8.45B | -7.91B | -11.69B | 977.06M |
| Investing Cash Flow | 0.00 | -18.56B | -4.81B | -1.17B | -436.58M | -1.65B |
| Financing Cash Flow | 0.00 | 24.70B | 18.41B | 9.51B | 13.90B | 2.20B |
Kasumigaseki Capital Co., Ltd. Technical Analysis
Positive
7350.00
Price Trends
6634.60
Positive
6494.00
Positive
7200.25
Positive
Market Momentum
337.68
Negative
72.97
Negative
91.76
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3498, the sentiment is Positive. The current price of 7350 is above the 20-day moving average (MA) of 7180.50, above the 50-day MA of 6634.60, and above the 200-day MA of 7200.25, indicating a bullish trend. The MACD of 337.68 indicates Negative momentum. The RSI at 72.97 is Negative, neither overbought nor oversold. The STOCH value of 91.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3498.
Kasumigaseki Capital Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥658.80B | 12.25 | 9.33% | 1.70% | 0.49% | 15.11% | |
66 Neutral | ¥182.59B | 14.34 | ― | 1.58% | 62.67% | 57.92% | |
65 Neutral | ¥372.65B | 16.19 | ― | 2.26% | 0.12% | -39.06% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | ¥469.33B | 11.09 | 9.84% | 2.62% | 9.72% | 3.53% | |
58 Neutral | ¥257.98B | 9.86 | ― | 2.63% | 8.74% | 35.24% | |
44 Neutral | ¥917.76B | 21.53 | ― | 1.05% | -41.04% | -82.38% |
* Industrials Sector Average
JP:3498
Kasumigaseki Capital Co., Ltd.
7,950.00
-1,307.32
-14.12%
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Kasumigaseki Capital Co., Ltd. Corporate Events
Kasumigaseki Capital Reports No Operational Impact from 2026 Kumamoto Earthquake
Jul 29, 2026
Kasumigaseki Capital has reported that the 2026 Kumamoto Earthquake, which struck the Kumamoto region on July 28, has not caused damage to facilities owned by the KC Group or properties under its asset management. The company also confirmed that t...
Kasumigaseki Capital Lifts Sales and Equity, Affirms Strong Full-Year Outlook
Jul 3, 2026
Kasumigaseki Capital reported consolidated net sales of ¥88.5 billion for the nine months ended May 31, 2026, up 75% year on year, while operating profit fell 12.5% to ¥8.2 billion and ordinary profit declined 10.7% to ¥7.1 billion....
Kasumigaseki Capital Switches Shareholder Perks to Hotel Discount Coupons
Jul 3, 2026
Kasumigaseki Capital has overhauled its shareholder benefit program for the fiscal year ending August 31, 2026, replacing its existing points-based system with hotel accommodation discount coupons usable at designated group hotels. The move is int...
Kasumigaseki Capital Reports No Damage or Earnings Impact from Iwate Earthquake
Jun 25, 2026
Kasumigaseki Capital Co., Ltd. reported that the strong earthquake off the coast of Iwate Prefecture on June 25, 2026, caused no damage to facilities owned by the company or managed within its group. The company also confirmed there has been no si...
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.