KATITAS CO (8919) AI Stock Analysis

• Market Cap: ¥190.33B
• Dividend Yield: 2.27%
• Average Volume (3M): 281.12K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.68
• Revenue Growth: 2.22%
• EPS Growth: 11.89%
• Country: JP
• Employees: 961
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Real Estate - Services
• EPS (TTM): 29.93
• Shares Outstanding: 78,650,640
• 10 Day Avg. Volume: 299,550
• 30 Day Avg. Volume: 281,120
• PEG Ratio: -2.89
• Price to Book (P/B): 5.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -130.03
• 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: ¥2,334.53
• Price Target Upside: -5.52% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ¥2,747.00 ▲(11.17%Upside)

KATITAS CO's overall stock score reflects its strong financial performance and favorable technical indicators. The company's robust revenue growth and efficient cost management enhance its appeal, although cash flow efficiency could be improved. The technical analysis supports a bullish view, though caution is advised due to potential overbought signals. Valuation is reasonable, providing a balanced risk-reward profile for investors.

KATITAS CO Business Overview & Revenue Model

Company Description

KATITAS CO (8919) is a Japanese company specializing in the renovation and resale of pre-owned homes. The company operates primarily in the real estate sector, focusing on revitalizing used residential properties to enhance their value before selling them to customers. KATITAS CO is known for its comprehensive renovation services, which include structural repairs, interior upgrades, and modernization of facilities to meet contemporary living standards.

How the Company Makes Money

KATITAS CO makes money through the acquisition, renovation, and resale of pre-owned residential properties. The company's primary revenue stream comes from purchasing older homes at a lower cost, investing in renovations to increase the property's market value, and then selling the improved homes at a profit. This business model leverages the demand for affordable, yet modernized housing options. KATITAS CO's expertise in identifying properties with potential for value enhancement and efficiently managing renovation projects is crucial to its profitability. Additionally, the company benefits from economies of scale and strategic partnerships with construction and renovation service providers to optimize costs and execution timelines.

KATITAS CO Financial Statement Overview

Summary

KATITAS CO presents a robust financial profile with strong revenue growth and efficient cost management, leading to improved profitability margins. The balance sheet is solid with a healthy debt-to-equity ratio and strong return on equity, though the cash flow statements suggest potential areas for improvement in cash conversion efficiency.

Income Statement

KATITAS CO demonstrates strong revenue growth, with a consistent increase from 2020 to 2025, reflecting a healthy demand in the real estate services industry. The gross profit margin has improved over the years, currently standing at 23.69% for 2025, indicating effective cost management. The net profit margin also shows a healthy increase, reaching 7.37% in 2025. EBIT and EBITDA margins are solid, indicating robust operational performance.

Balance Sheet

The company maintains a reasonable debt-to-equity ratio of 0.58 for 2025, showcasing a balanced leverage approach. The return on equity has been favorable, reaching 20.89% in 2025, highlighting effective use of shareholders' funds. The equity ratio of 54.86% suggests a strong equity base, though the industry may pose potential risks due to market fluctuations.

Cash Flow

KATITAS CO's operating cash flow to net income ratio is low at 0.12 for 2025, indicating potential challenges in converting income to cash. However, the free cash flow has shown growth, pointing towards improving cash generation capabilities. The free cash flow to net income ratio stands at 0.11, suggesting room for improvement in cash efficiency.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	129.69B	129.54B	126.72B	121.34B	101.27B	97.73B
Gross Profit	29.95B	30.70B	27.81B	26.86B	24.65B	22.19B
EBITDA	14.17B	14.30B	12.58B	14.30B	13.36B	11.58B
Net Income	9.40B	9.55B	8.50B	6.09B	6.84B	7.44B
Balance Sheet
Total Assets	78.22B	83.33B	77.37B	66.30B	62.64B	55.52B
Cash, Cash Equivalents and Short-Term Investments	16.65B	18.77B	22.03B	8.73B	13.41B	19.11B
Total Debt	26.50B	26.50B	26.50B	18.50B	18.50B	19.25B
Total Liabilities	34.84B	37.61B	37.02B	30.54B	29.89B	27.28B
Stockholders Equity	43.38B	45.72B	40.34B	35.77B	32.75B	28.24B
Cash Flow
Free Cash Flow	0.00	1.05B	9.31B	-1.54B	-2.50B	14.71B
Operating Cash Flow	0.00	1.16B	9.50B	-1.47B	-2.49B	14.72B
Investing Cash Flow	0.00	-152.00M	-192.00M	-85.00M	-20.00M	-21.00M
Financing Cash Flow	0.00	-4.27B	3.99B	-3.13B	-3.19B	-4.73B

KATITAS CO Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2471.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8919, the sentiment is Positive. The current price of 2471 is above the 20-day moving average (MA) of 2411.20, above the 50-day MA of 2249.52, and above the 200-day MA of 2083.19, indicating a bullish trend. The MACD of 73.27 indicates Positive momentum. The RSI at 63.72 is Neutral, neither overbought nor oversold. The STOCH value of 64.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8919.

KATITAS CO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1766	81 Outperform	¥187.55B	11.89		2.33%	8.04%	167.85%
8919	75 Outperform	¥190.33B	20.19	21.92%	2.27%	2.22%	11.89%
9347	75 Outperform	¥101.23B	17.18		1.99%	14.02%	3.67%
8934	75 Outperform	¥98.32B	6.94	14.51%	3.26%	29.18%	18.76%
2337	73 Outperform	$175.50B	11.50	13.76%	2.48%	1.60%	29.82%
8848	66 Neutral	€200.47B	11.22	24.21%	1.58%	2.17%	-57.25%
Sector *	62 Neutral	$16.65B	11.30	-7.38%	3.01%	1.59%	-23.30%

KATITAS CO Corporate Events

KATITAS Co. Affirms Independence Amid Nitori Holdings Affiliation

KATITAS Co., Ltd. announced its relationship with Nitori Holdings Co., Ltd., which holds 34.2% of its voting rights, classifying it as an ‘other affiliated company.’ Despite this affiliation, KATITAS maintains independent management and has entered a business alliance with Nitori to leverage mutual resources and maximize business value. The announcement reassures stakeholders of KATITAS’ operational independence and strategic collaboration with Nitori, with no significant transactions affecting minority shareholders.

The most recent analyst rating on (JP:8919) stock is a Hold with a Yen2335.00 price target. To see the full list of analyst forecasts on KATITAS CO stock, see the JP:8919 Stock Forecast page.

KATITAS Co. Announces Restricted Stock Compensation Plan

KATITAS Co., Ltd. announced the disposal of 7,190 shares of treasury stock as part of a restricted stock compensation plan for its directors. This initiative aims to align the interests of directors with shareholders and promote long-term corporate value. The plan involves issuing or disposing of common stock in exchange for monetary compensation claims, with restrictions on transferring shares until directors retire. This move is expected to incentivize directors to contribute to the company’s sustainable growth and align their objectives with shareholder interests.

The most recent analyst rating on (JP:8919) stock is a Hold with a Yen2335.00 price target. To see the full list of analyst forecasts on KATITAS CO stock, see the JP:8919 Stock Forecast page.

KATITAS Co., Ltd. Announces Board and Audit Changes

KATITAS Co., Ltd. announced changes in its board of directors and audit & supervisory board members, effective after the upcoming General Meeting of Shareholders. The company has nominated Ryuichiro Nakao as an outside director and proposed Tetsuo Takahashi and Kanae Fukushima for audit & supervisory roles, while some current members are set to retire. These changes reflect KATITAS’s strategy to strengthen its governance and oversight as it continues to grow in the real estate market.

The most recent analyst rating on (JP:8919) stock is a Hold with a Yen2335.00 price target. To see the full list of analyst forecasts on KATITAS CO stock, see the JP:8919 Stock Forecast page.

KATITAS Updates Financial Plan Amid Unfavorable Tax Ruling

KATITAS Co., Ltd. announced updates to its financial results presentation and mid-term business plan following an unfavorable ruling in a lawsuit concerning consumption tax reassessment. Despite the ruling, the company has maintained its earnings forecast for the fiscal year ending March 31, 2026, indicating no expected impact on its operating profit or other profit levels.

The most recent analyst rating on (JP:8919) stock is a Hold with a Yen2335.00 price target. To see the full list of analyst forecasts on KATITAS CO stock, see the JP:8919 Stock Forecast page.

KATITAS Co. Faces Legal Setback with No Impact on Financial Forecasts

KATITAS Co., Ltd. announced that the Supreme Court has decided not to accept its appeal regarding the revocation of a consumption tax reassessment penalty issued by the Kanto Shinetsu Regional Taxation Bureau. Despite this legal setback, the company stated that there will be no impact on its consolidated earnings performance for the fiscal year ending March 2025, nor will there be any revisions to its performance forecast for the fiscal year ending March 2026.

The most recent analyst rating on (JP:8919) stock is a Hold with a Yen2335.00 price target. To see the full list of analyst forecasts on KATITAS CO stock, see the JP:8919 Stock Forecast page.

KATITAS Co. Reports Strong Financial Growth and Increased Dividends

KATITAS Co., Ltd. reported a positive financial performance for the fiscal year ended March 31, 2025, with net sales increasing by 2.2% and operating profit rising by 12.2% compared to the previous year. The company also announced an increase in annual dividends per share, reflecting its strong financial position and commitment to shareholder returns. The results indicate a solid market position and potential for growth, benefiting stakeholders and reinforcing its role in the real estate sector.