Ichishin Holdings Co., Ltd. (4645) AI Stock Analysis

• Market Cap: ¥3.68B
• Dividend Yield: 2.21%
• Average Volume (3M): 1.85K
• Price to Earnings (P/E): 4.1
• Beta (1Y): 0.22
• Revenue Growth: 1.82%
• EPS Growth: 208.53%
• Country: JP
• Employees: 949
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): 134.82
• Shares Outstanding: 10,604,888
• 10 Day Avg. Volume: 2,420
• 30 Day Avg. Volume: 1,850
• PEG Ratio: -6.10
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 4.22
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ¥474.00 ▲(4.64% Upside)

Ichishin Holdings Co., Ltd. scores well due to its strong financial performance, characterized by consistent revenue growth and robust cash flow. The technical analysis suggests a neutral trend, while the valuation is reasonable with a moderate P/E ratio and a decent dividend yield. The absence of earnings call and corporate events data does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for Ichishin's educational services, supporting long-term business stability and market position.

Cash Flow Generation

Strong cash flow generation enhances Ichishin's ability to invest in growth opportunities and maintain financial flexibility, supporting sustainable operations.

Operational Efficiency

Stable operational efficiency suggests effective cost management, which can sustain profitability and competitive advantage in the education sector.

Negative Factors

High Debt Levels

High debt levels may limit Ichishin's financial flexibility and increase risk, potentially impacting long-term financial health and investment capacity.

Declining Net Profit Margin

A declining net profit margin can affect Ichishin's overall profitability, potentially reducing its ability to reinvest in business growth and innovation.

Earnings Volatility

Significant EPS decline indicates earnings volatility, which may undermine investor confidence and affect long-term strategic planning.

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

Company Description

Ichishin Holdings Co.,Ltd., through its subsidiaries, engages in the education business in Japan. The company operates Cram, preparatory, junior, high, and international schools; and day and group homes. It also engages in the video planning and production, homepage production, and fitness businesses; and travel planning and arrangement business. In addition, the company operates Japanese language school; a housing for the elderly, day service, dementia-friendly communal living care facility, and small-scale multifunctional home care facility; and nursing and home care facilities. Further, it offers community outpatient and home care support and clerical services. The company was founded in 1965 and is headquartered in Ichikawa, Japan.

How the Company Makes Money

Ichishin Holdings Co., Ltd. generates revenue primarily through tuition fees collected from students attending its network of cram schools across Japan. These fees are the company's main revenue stream, as the demand for supplementary education remains strong in the competitive Japanese educational landscape. Furthermore, the company earns additional revenue by publishing and selling educational materials and resources used by students and educators. Ichishin Holdings may also benefit from partnerships or collaborations with other educational institutions or businesses, although specific details on such arrangements are not publicly available.

Ichishin Holdings Co., Ltd. Financial Statement Overview

Summary

Ichishin Holdings Co., Ltd. shows a positive financial trajectory with consistent revenue growth, stable operational margins, and strong cash flow generation. Despite high debt levels, the company effectively manages its financial leverage.

Income Statement

Ichishin Holdings Co., Ltd. has demonstrated a consistent revenue growth trend, with a revenue increase from 2022 to 2025. The gross profit margin remained stable around 16-17%, indicating effective cost management. However, the net profit margin saw a decline in 2025 due to lower net income, impacting the overall profitability. EBIT and EBITDA margins have been consistent, highlighting stable operational efficiency.

Balance Sheet

The company's balance sheet reflects a stable financial position, with improving equity levels from 2023 to 2025. The debt-to-equity ratio has remained relatively high, indicating potential leverage risk. However, the return on equity showed improvement in 2025, suggesting better utilization of equity. The equity ratio has been stable, indicating a solid asset base backed by equity.

Cash Flow

Cash flow statements reveal robust free cash flow growth in 2025, driven by strong operating cash flows and controlled capital expenditures. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to income. The free cash flow to net income ratio improved significantly, indicating strong cash flow management and a focus on liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	18.54B	18.46B	17.95B	17.29B	17.32B	16.01B
Gross Profit	3.10B	3.08B	3.07B	2.98B	3.04B	2.67B
EBITDA	2.07B	1.25B	1.26B	1.23B	1.28B	482.79M
Net Income	910.46M	317.30M	363.26M	365.90M	421.56M	-401.30M
Balance Sheet
Total Assets	13.76B	13.65B	13.01B	12.42B	12.71B	12.38B
Cash, Cash Equivalents and Short-Term Investments	4.72B	4.39B	4.28B	4.13B	4.60B	3.61B
Total Debt	6.67B	7.09B	6.29B	6.06B	6.38B	6.53B
Total Liabilities	11.07B	11.45B	10.27B	10.12B	10.64B	10.76B
Stockholders Equity	2.63B	2.15B	2.70B	2.27B	2.05B	1.61B
Cash Flow
Free Cash Flow	0.00	891.51M	268.98M	387.76M	1.16B	7.29M
Operating Cash Flow	0.00	1.19B	657.91M	855.57M	1.61B	526.40M
Investing Cash Flow	0.00	-763.18M	-261.13M	-724.91M	-481.63M	-1.32B
Financing Cash Flow	0.00	-356.84M	-226.57M	-609.36M	-276.78M	788.51M

Ichishin Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 453.00
• 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:4645, the sentiment is Positive. The current price of 453 is above the 20-day moving average (MA) of 450.40, above the 50-day MA of 451.50, and above the 200-day MA of 428.43, indicating a bullish trend. The MACD of 0.69 indicates Negative momentum. The RSI at 54.54 is Neutral, neither overbought nor oversold. The STOCH value of 61.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4645.

Ichishin Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2179	74 Outperform	¥4.38B	9.52	―	2.60%	8.85%	-1.34%
9769	72 Outperform	¥25.89B	14.82	―	4.03%	-1.18%	-12.01%
4645	68 Neutral	¥3.68B	4.05	―	2.21%	1.82%	208.53%
4668	64 Neutral	¥17.66B	10.29	―	3.81%	9.96%	252.72%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%