Keio Corporation (JP:9008)
:9008
Want to see JP:9008 full AI Analyst Report?
Top Page
Keio
(9008)
Select Model
Select Model
Rating:58Neutral
Price Target:
¥801.00
▲(1.01% Upside)
Action:Downgraded
Date:05/15/26
The score is primarily held back by weak and volatile cash generation (including negative free cash flow) and moderate leverage, despite solid multi-year earnings recovery. Technical indicators also point to soft momentum, while the low P/E and ~2.85% dividend yield provide valuation support.
Positive Factors
Diversified corridor-based business model
Keio combines stable ridership-driven transit revenue with recurring income from station-area real estate, retail leasing and hotels. This asset-light corridor strategy leverages high-traffic locations to smooth cyclicality and provide multiple durable cash-flow streams over years.
Negative Factors
Weak cash conversion
Earnings are not translating into cash; very low operating cash flow versus net income and recent negative free cash flow constrain internal funding for capex, debt reduction, or incremental property investment. This structural cash conversion gap limits strategic flexibility over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified corridor-based business model
Keio combines stable ridership-driven transit revenue with recurring income from station-area real estate, retail leasing and hotels. This asset-light corridor strategy leverages high-traffic locations to smooth cyclicality and provide multiple durable cash-flow streams over years.
Read all positive factors
Keio (9008) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥428.36B
Dividend Yield2.62%
Average Volume (3M)373.06K
Price to Earnings (P/E)10.0
Beta (1Y)0.63
Revenue Growth9.72%
EPS Growth3.53%
CountryJP
Employees12,918
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)66.93
Shares Outstanding586,018,100
10 Day Avg. Volume430,420
30 Day Avg. Volume373,056
Financial Highlights & Ratios
PEG Ratio3.32
Price to Book (P/B)1.02
Price to Sales (P/S)0.91
P/FCF Ratio-14.89
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)61.72
Revenue Forecast (FY)¥520.58B
Keio Business Overview & Revenue Model
Company Description
Keio Corporation provides passenger rail transport services in Japan. It also engages in operating department stores; real estate business; and merchandise sales business. Keio Corporation was founded in 1948 and is headquartered in Tokyo, Japan....
How the Company Makes Money
Keio makes money primarily through (1) transportation revenue and (2) non-transportation, corridor-based businesses. In transportation, it earns fares from commuter and leisure passenger rail operations on its Keio Line network and related service...
Keio Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
63
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 461.93B | 496.94B | 452.92B | 408.69B | 347.13B | 299.87B |
| Gross Profit | 114.21B | 113.73B | 100.18B | 84.37B | 58.51B | 35.74B |
| EBITDA | 87.14B | 86.92B | 86.96B | 74.69B | 50.61B | 32.21B |
| Net Income | 40.29B | 42.93B | 42.86B | 29.24B | 13.11B | 5.58B |
Balance Sheet | ||||||
| Total Assets | 1.10T | 1.20T | 1.12T | 1.08T | 955.23B | 906.21B |
| Cash, Cash Equivalents and Short-Term Investments | 37.18B | 47.79B | 48.25B | 73.06B | 71.03B | 67.40B |
| Total Debt | 457.00B | 469.05B | 455.93B | 471.99B | 410.50B | 382.79B |
| Total Liabilities | 677.67B | 755.64B | 707.83B | 685.46B | 603.66B | 563.92B |
| Stockholders Equity | 422.10B | 443.84B | 414.64B | 393.18B | 351.59B | 342.32B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -30.47B | -20.27B | 7.96B | -31.05B | -8.76B |
| Operating Cash Flow | 0.00 | 37.08B | 28.61B | 52.26B | 25.04B | 28.22B |
| Investing Cash Flow | 0.00 | -35.64B | -38.11B | -42.48B | -42.05B | -14.32B |
| Financing Cash Flow | 0.00 | -1.90B | -15.36B | -7.76B | 20.63B | -23.26B |
Keio Technical Analysis
Negative
793.00
Price Trends
773.07
Negative
783.68
Negative
767.40
Negative
Market Momentum
-8.18
Positive
40.86
Neutral
10.63
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9008, the sentiment is Negative. The current price of 793 is above the 20-day moving average (MA) of 753.59, above the 50-day MA of 773.07, and above the 200-day MA of 767.40, indicating a bearish trend. The MACD of -8.18 indicates Positive momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 10.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9008.
Keio Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥673.07B | 12.78 | 8.64% | 1.82% | 0.49% | 15.11% | |
64 Neutral | ¥323.13B | 9.68 | 8.87% | 1.19% | 6.04% | 24.61% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | ¥1.08T | 13.77 | 6.64% | 2.07% | 8.73% | 17.35% | |
58 Neutral | ¥428.36B | 9.98 | 9.06% | 2.62% | 9.72% | 3.53% | |
57 Neutral | ¥240.39B | 9.45 | ― | 2.30% | 5.27% | 13.09% | |
44 Neutral | ¥741.27B | 18.32 | ― | 1.05% | -43.04% | -83.91% |
* Industrials Sector Average
JP:9008
Keio
733.60
51.93
7.62%
JP:9042
Hankyu Hanshin Holdings
4,553.00
753.26
19.82%
JP:9045
Keihan Holdings Co
3,220.00
167.57
5.49%
JP:9041
Kintetsu Group Holdings Co
3,552.00
767.57
27.57%
JP:9003
Sotetsu Holdings, Inc.
2,435.00
331.00
15.73%
JP:9024
Seibu Holdings, Inc.
2,831.00
-952.68
-25.18%
Keio Corporate Events
Keio Sets Record Revenues but Sacrifices Profit Margin as Investment Rises
May 13, 2026
Keio Corporation reported record operating revenues of 496.9 billion yen for FY2025, driven by strong performance in real estate sales, construction and civil engineering, and higher-priced hotel bookings. However, operating profit slipped to 52.3...
Keio Lifts Revenue and Dividend but Flags Margin Pressure Ahead
May 13, 2026
Keio Corporation reported a 9.7% rise in operating revenue to ¥496.9 billion for the year ended March 31, 2026, but operating and ordinary profits declined modestly while net profit was broadly flat at ¥42.9 billion. Profitability ratios...
Keio Hits Record Revenue and Profit, Guides for Further Growth Amid Higher Depreciation
May 13, 2026
Keio reported record operating revenues of 496.9 billion yen for FY2025, driven by strong performance in real estate sales, higher construction volumes, and higher-priced hotel bookings, while profit attributable to owners of parent also hit a rec...
Keio Lifts Revenue and Dividend but Flags Flat Earnings After Stock Split
May 13, 2026
Keio Corporation reported a 9.7% rise in operating revenue to ¥496.9 billion for the year ended March 31, 2026, but operating and ordinary profit dipped by low single digits as margins narrowed, leaving profit attributable to owners of parent...
Keio to Retire Over 2% of Shares Following 5-for-1 Stock Split
Mar 26, 2026
Keio Corporation’s board has resolved to retire 2,498,100 common shares, equivalent to 2.09% of its issued shares before retirement, with the retirement scheduled for April 30, 2026. The move follows a planned 5-for-1 stock split effective A...
Keio Nearly Maxes Out ¥10 Billion Share Buyback Program
Mar 12, 2026
Keio Corporation has completed a share buyback program authorized by its board in November 2025, repurchasing a total of 2,498,100 common shares for 9,999,751,400 yen through market purchases on the Tokyo Stock Exchange. The final tranche, execute...
Keio Advances Share Buyback, Nearing ¥10 Billion Authorization
Mar 3, 2026
Keio Corporation reported on the progress of its ongoing share buyback program authorized under Japan’s Companies Act, detailing purchases of 497,800 common shares on the Tokyo Stock Exchange in February 2026 for approximately ¥1.996 bi...
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.