K'S Holdings Corporation (8282) AI Stock Analysis

• Market Cap: ¥267.26B
• Dividend Yield: 2.72%
• Average Volume (3M): 789.61K
• Price to Earnings (P/E): 24.7
• Beta (1Y): 0.31
• Revenue Growth: 2.23%
• EPS Growth: 57.10%
• Country: JP
• Employees: 7,307
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 21.01
• Shares Outstanding: 175,000,000
• 10 Day Avg. Volume: 437,490
• 30 Day Avg. Volume: 789,610
• PEG Ratio: 0.64
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 8.97
• 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: ¥1,642.50
• Price Target Upside: 1.48% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): 83.65
• Revenue Forecast (FY): ¥752.10B

• Rating: 60 Neutral
• Price Target: ¥1,682.00 ▲(3.92% Upside)
• Action: Reiterated Date: 02/08/26
• Date: Action: Reiterated 02/08/26

The score is driven primarily by improving revenue and currently positive cash generation alongside a stable balance sheet, but is held back by persistently thin margins versus prior years. Technicals are mixed/neutral, and valuation (P/E ~23) appears somewhat demanding given the lower recent profitability, with a modest dividend yield offering partial support.

Positive Factors

Cash generation

The company produced positive operating cash flow (~¥31.9B) and free cash flow (~¥23.1B) in the TTM, with very strong FCF growth versus the prior period. Durable positive cash conversion supports reinvestment, dividends and debt servicing, improving financial flexibility over months.

Low leverage / stable balance sheet

A debt-to-equity near 0.28 and a sizeable equity base relative to assets indicate a conservative capital structure. This reduces refinancing and solvency risk, enabling the firm to absorb shocks, fund store operations or strategic initiatives without immediate external financing pressure.

Revenue recovery

A strong TTM revenue rebound (about +59.6%) signals recovering top-line demand and improved sales execution across the retail network. Sustained revenue growth can drive scale advantages, better purchasing terms, and gradual margin recovery if cost structure is controlled.

Negative Factors

Thin margins

Operating margins around 2.2% and net margins near 1.5% leave limited room to absorb cost inflation or competitive price pressure. Persistently low margins constrain retained earnings, limit investment capacity, and make earnings volatile relative to revenue swings over the medium term.

Volatile cash and earnings

Historical swings to negative operating and free cash flow in 2023 demonstrate earnings and cash volatility. This undermines forecastability for capital allocation, increases reliance on buffers, and raises execution risk for multi-quarter initiatives like store investments or inventory build.

Weaker returns on equity

ROE of ~4.4% TTM, materially below prior peaks, indicates reduced capital efficiency. Lower returns can reflect margin compression or competitive pressures, limiting shareholder return potential and making it harder to justify capital deployment absent sustained margin recovery.

K'S Holdings Corporation Business Overview & Revenue Model

Company Description

K's Holdings Corporation, together with its subsidiaries, operates consumer electronics stores in Japan. It sells home appliances and related products. The company is also involved in the provision of incidental work and repair services. As of March 31, 2020, it operated through a network of 504 stores. The company was formerly known as Gigas K's Denki Corporation and changed its name to K's Holdings Corporation in February 2007. K's Holdings Corporation was founded in 1947 and is headquartered in Mito City, Japan.

How the Company Makes Money

K'S Holdings Corporation generates revenue through multiple streams, primarily from the sale of consumer electronics and home appliances. The company operates retail stores and an e-commerce platform, allowing it to reach a broad audience. Key revenue streams include direct sales of products, extended warranties, installation services, and after-sales support. Additionally, K'S Holdings may benefit from strategic partnerships with electronics manufacturers and suppliers, which can provide exclusive product offerings and promotional opportunities, further enhancing its profitability. The company's ability to adapt to market trends and consumer preferences also plays a crucial role in sustaining its revenue growth.

K'S Holdings Corporation Financial Statement Overview

Summary

Revenue rebounded strongly in the TTM period, and operating/free cash flow are positive with strong recent free cash flow growth. However, profitability remains thin and structurally below 2021–2022 levels, and both earnings and cash flow have been volatile year-to-year.

Income Statement

TTM (Trailing-Twelve-Months) revenue rebounded strongly (+59.6%), but profitability remains thin with low operating and net margins (about 2.2% and 1.5%). Longer-term, earnings power has been volatile: margins and net income were materially higher in 2021–2022, then compressed sharply in 2023–2025. Strength is the recent top-line acceleration; weakness is the sustained lower margin structure versus prior peaks.

Balance Sheet

Leverage looks manageable with debt-to-equity around 0.28 in TTM (Trailing-Twelve-Months), supported by a sizable equity base (about ¥248B) against total assets (about ¥433B). Returns on equity are positive but modest recently (~4.4% TTM), down from much stronger levels in 2021–2022, indicating reduced profitability rather than balance-sheet stress. Overall, the balance sheet appears stable, with the main drawback being softer returns.

Cash Flow

Cash generation is solid in TTM (Trailing-Twelve-Months): operating cash flow (~¥31.9B) and free cash flow (~¥23.1B) are positive, with very strong free cash flow growth versus the prior period. However, cash flow has shown meaningful volatility (including negative operating and free cash flow in 2023), and free cash flow covers only about ~73% of net income in TTM, suggesting earnings are not fully translating into free cash after investment needs. Strength is the current positive cash profile; weakness is the variability year-to-year.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	747.69B	738.02B	718.37B	737.32B	747.22B	792.54B
Gross Profit	191.95B	189.88B	198.75B	207.88B	211.09B	231.17B
EBITDA	30.27B	29.48B	30.07B	46.66B	56.58B	65.99B
Net Income	10.89B	9.53B	7.38B	21.12B	28.55B	38.73B
Balance Sheet
Total Assets	432.80B	422.68B	438.20B	453.69B	442.05B	427.96B
Cash, Cash Equivalents and Short-Term Investments	18.15B	15.83B	16.30B	10.69B	29.94B	28.00B
Total Debt	68.48B	66.91B	66.52B	74.31B	52.51B	33.00B
Total Liabilities	184.55B	171.42B	169.04B	173.44B	165.43B	152.58B
Stockholders Equity	248.24B	251.26B	269.16B	280.25B	276.62B	275.38B
Cash Flow
Free Cash Flow	23.13B	25.33B	31.37B	-21.59B	15.15B	36.80B
Operating Cash Flow	31.87B	36.17B	48.83B	-2.18B	24.23B	56.59B
Investing Cash Flow	-8.30B	-15.80B	-16.48B	-18.45B	-9.57B	-19.16B
Financing Cash Flow	-22.61B	-27.33B	-26.75B	1.38B	-12.75B	-23.07B

K'S Holdings Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1618.50
• 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:8282, the sentiment is Positive. The current price of 1618.5 is below the 20-day moving average (MA) of 1666.22, below the 50-day MA of 1638.34, and above the 200-day MA of 1535.00, indicating a bullish trend. The MACD of 20.61 indicates Negative momentum. The RSI at 65.05 is Neutral, neither overbought nor oversold. The STOCH value of 79.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8282.

K'S Holdings Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7419	74 Outperform	¥358.51B	8.80	―	1.35%	15.92%	52.76%
3048	66 Neutral	¥308.90B	16.14	11.17%	2.61%	5.63%	25.64%
2730	65 Neutral	¥234.04B	16.57	―	2.23%	3.24%	12.49%
9831	64 Neutral	¥485.49B	16.61	4.18%	2.57%	1.26%	14.65%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
8282	60 Neutral	¥267.26B	24.71	―	2.72%	2.23%	57.10%

K'S Holdings Corporation Corporate Events

K’S Holdings Posts Higher Nine-Month Profit and Confirms Full-Year Outlook, Dividend Plan

K’S Holdings reported modest growth for the nine months ended December 31, 2025, with net sales up 1.7% year on year to ¥564.4 billion and operating profit rising 3.0% to ¥16.6 billion. Ordinary profit inched up 1.2% to ¥19.4 billion, while profit attributable to owners of parent increased a more robust 11.1% to ¥13.7 billion, lifting basic earnings per share to ¥87.16. Despite the higher earnings, the equity-to-asset ratio declined from 59.4% at the previous fiscal year-end to 57.3%, as net assets edged down to ¥248.2 billion amid an increase in treasury shares. The company maintained its full-year forecast for FY2025 (ending March 31, 2026), projecting net sales of ¥755.0 billion and operating profit of ¥23.0 billion, and left its dividend forecast unchanged at a total annual payout of ¥46 per share, signaling continued shareholder returns alongside steady, if moderate, earnings growth.

The most recent analyst rating on (JP:8282) stock is a Hold with a Yen1620.00 price target. To see the full list of analyst forecasts on K’S Holdings Corporation stock, see the JP:8282 Stock Forecast page.