Seibu Holdings, Inc. (9024) AI Stock Analysis

• Market Cap: ¥1.15T
• Dividend Yield: 1.05%
• Average Volume (3M): 1.16M
• Price to Earnings (P/E): 5.5
• Beta (1Y): 0.29
• Revenue Growth: 85.03%
• EPS Growth: 198.15%
• Country: JP
• Employees: 20,913
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 25.07
• Shares Outstanding: 323,462,920
• 10 Day Avg. Volume: 1,019,120
• 30 Day Avg. Volume: 1,158,533
• PEG Ratio: <0.01
• Price to Book (P/B): 1.68
• Price to Sales (P/S): 1.05
• P/FCF Ratio: 2.58
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ¥4,516.00 ▲(4.93% Upside)

Seibu Holdings, Inc. receives a strong score due to its robust financial performance and attractive valuation. However, technical analysis indicates bearish momentum, which tempers the overall score. The absence of earnings call data and corporate events does not impact the score calculation.

Positive Factors

Strong Revenue Growth

An ~85% reported revenue increase signals durable demand recovery across rail, hospitality and real estate segments. Sustained top-line momentum supports reinvestment, scale benefits and a structural path to higher recurring cash flows rather than a transient spike.

Improving Profitability

Material margin expansion reflects better cost control and operating leverage across capital-intensive businesses. Higher sustainable margins increase free cash generation, improve resilience to demand swings, and provide capacity for debt paydown and strategic reinvestment.

Strong Cash Flow Generation

Significant free cash flow growth and robust operating cash conversion indicate durable liquidity generation from operations. Reliable FCF strengthens the firm's ability to fund capex, service debt, and pursue selective investments without needing immediate external financing.

Negative Factors

Moderate Reliance on Debt

Although leverage has declined, reliance on debt remains material. Ongoing debt dependence increases exposure to interest-rate cycles and refinancing risk, potentially constraining strategic flexibility and increasing cash interest obligations during adverse economic periods.

Macro Sensitivity to Travel and Real Estate

Core earnings are structurally tied to passenger volumes, tourism and real estate cycles. These macro drivers introduce persistent volatility in revenue and occupancy, making medium-term cashflow and profit visibility dependent on external economic and travel trends.

Concentration in Cyclical, Asset-Heavy Sectors

Business mix is concentrated in capital-intensive, cyclical industries with high fixed costs. Such sector concentration can amplify earnings cyclicality and requires ongoing capital expenditure and property management expertise, constraining margin stability over time.

Seibu Holdings, Inc. Business Overview & Revenue Model

Company Description

Seibu Holdings Inc. engages in the urban and regional transportation, hotel and leisure, real estate, construction, and other businesses in Japan. It operates through Urban Transportation and Regional, Hotel and Leisure, Real Estate, Construction, Hawaii Business, and Other Business segments. The company offers railway, bus, and transportation services; operates hotels, golf courses, ski resorts, and leisure facilities; develops Seibu Railway lines and hotel sites in city centers; leases office and residential facilities; and develops and operates stores in train stations, shopping malls, and other commercial facilities. It is also involved in the construction of railway lines, social infrastructure, hotel remodeling, private sector construction, and housing. In addition, the company produces, processes, and sells gravel, sand, and other raw materials used in civil engineering and construction projects; designs and executes landscaping projects; and maintains and operates state-run parks. Further, the company operates express ways and cruise ships; and maintains a professional baseball team. Additionally, the company offers housekeeping, child-rearing support, home, and urban development services; and insurance and pet care products, as well as builds cemeteries. Seibu Holdings Inc. was incorporated in 2006 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Seibu Holdings generates revenue through multiple key streams. The railway segment contributes significantly by providing passenger transportation services, which include ticket sales and associated services. The real estate division earns income through leasing commercial properties and managing hotels, generating stable rental income. The leisure and entertainment sector also plays a crucial role, with revenue coming from ticket sales at theme parks, event hosting, and sports-related activities. Furthermore, strategic partnerships and collaborations with local businesses and tourism initiatives enhance the company's offerings and revenue potential, driving growth across its various sectors.

Seibu Holdings, Inc. Financial Statement Overview

Summary

Seibu Holdings, Inc. demonstrates strong financial performance with impressive revenue growth and improved profitability. The balance sheet is stable with reduced leverage, though there is moderate reliance on debt. Cash flow metrics indicate effective cash management, enhancing financial flexibility.

Income Statement

Seibu Holdings, Inc. demonstrated a strong recovery in its financial performance. The revenue growth rate from 2024 to 2025 was impressive, indicating a solid upward trajectory. Net profit margin improved significantly, showcasing enhanced profitability. Both EBIT and EBITDA margins also saw considerable improvements, reflecting operational efficiency.

Balance Sheet

The company's balance sheet is stable but presents some risks. The debt-to-equity ratio has decreased, indicating reduced leverage, which is a positive sign of financial health. Return on equity has improved substantially, reflecting better use of equity to generate profits. However, the equity ratio suggests moderate reliance on debt financing.

Cash Flow

Seibu Holdings, Inc. showed strong cash flow management with significant growth in free cash flow, indicating better cash generation capabilities. The operating cash flow to net income ratio is robust, suggesting efficient conversion of earnings into cash. The free cash flow to net income ratio is also favorable, supporting the company's ability to generate cash relative to its profits.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	908.12B	901.13B	477.60B	428.49B	396.86B	337.06B
Gross Profit	345.54B	344.31B	89.05B	62.18B	26.92B	-12.70B
EBITDA	345.63B	411.88B	101.87B	124.78B	95.14B	-3.68B
Net Income	256.13B	258.18B	26.99B	56.75B	10.62B	-72.30B
Balance Sheet
Total Assets	1.64T	1.83T	1.64T	1.59T	1.70T	1.70T
Cash, Cash Equivalents and Short-Term Investments	151.93B	285.28B	33.00B	25.99B	87.49B	28.82B
Total Debt	665.39B	665.20B	758.71B	786.37B	919.87B	922.25B
Total Liabilities	1.09T	1.27T	1.20T	1.21T	1.32T	1.31T
Stockholders Equity	546.35B	561.75B	426.89B	372.64B	311.44B	300.15B
Cash Flow
Free Cash Flow	0.00	366.42B	21.59B	10.22B	-3.49B	-103.15B
Operating Cash Flow	0.00	474.38B	91.97B	67.17B	58.56B	-24.26B
Investing Cash Flow	0.00	-93.69B	-43.93B	87.85B	18.65B	-47.54B
Financing Cash Flow	0.00	-136.39B	-42.44B	-217.22B	-19.07B	72.39B

Seibu Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4304.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9024, the sentiment is Negative. The current price of 4304 is below the 20-day moving average (MA) of 4325.25, below the 50-day MA of 4663.92, and below the 200-day MA of 4561.04, indicating a bearish trend. The MACD of -133.01 indicates Negative momentum. The RSI at 29.87 is Positive, neither overbought nor oversold. The STOCH value of 11.03 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9024.

Seibu Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9008	72 Outperform	¥453.69B	12.12	9.06%	2.62%	6.97%	8.61%
9042	70 Outperform	¥983.88B	13.98	6.64%	2.07%	11.89%	-3.98%
9024	67 Neutral	¥1.15T	5.49	―	1.05%	85.03%	198.15%
9048	66 Neutral	¥336.27B	12.24	―	2.26%	6.13%	-23.73%
9041	64 Neutral	¥610.11B	12.55	8.64%	1.82%	3.90%	5.62%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
9010	60 Neutral	¥113.05B	21.40	―	1.40%	4.80%	30.05%

Seibu Holdings, Inc. Corporate Events

Seibu Holdings to Retire 5.47% of Outstanding Shares in Capital Optimization Move

Seibu Holdings Inc. has announced that its Board of Directors has resolved to retire 17,687,400 shares of its common stock, equivalent to 5.47% of its total issued shares prior to the retirement, under Article 178 of the Companies Act of Japan. The share cancellation, scheduled for January 22, 2026, will reduce the company’s total number of issued shares to 305,775,520, a move that is likely aimed at optimizing capital structure and may enhance shareholder value by increasing the relative ownership stakes of remaining shareholders.

The most recent analyst rating on (JP:9024) stock is a Hold with a Yen5224.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Holdings Completes Share Repurchase Program

Seibu Holdings Inc. has completed the repurchase of its own shares as per the resolution passed by its Board of Directors in December 2024. The company repurchased a total of 17,687,400 shares at an aggregate price of 69,999,794,250 yen, which is part of its strategy to retire treasury shares, potentially impacting shareholder value and market perception positively.

The most recent analyst rating on (JP:9024) stock is a Hold with a Yen5224.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Holdings Completes Share Repurchase in November 2025

Seibu Holdings Inc. announced the completion of a share repurchase program, acquiring 995,600 common shares in November 2025 for approximately 5 billion yen. This move is part of a broader strategy to purchase up to 28 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:9024) stock is a Hold with a Yen5224.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Railway to Revise Fares and Introduce Child Commuter Pass

Seibu Holdings Inc. announced that its subsidiary, Seibu Railway Co., Ltd., will implement fare revisions on March 14, 2026, following approval from the Japanese government. This revision includes the introduction of a uniform child fare and a new child-exclusive commuter pass, aimed at enhancing customer satisfaction and promoting family-friendly travel. The financial impact of these changes on Seibu Holdings for the fiscal year ending March 2026 is expected to be minor.

The most recent analyst rating on (JP:9024) stock is a Hold with a Yen5224.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Holdings Announces Strategic Investments and Expansion Plans

Seibu Holdings, Inc. has announced significant investments in its hotel properties, including a 22 billion yen investment in the Shinagawa Prince Hotel and a 29 billion yen renovation project for the Karuizawa Prince Hotel. These investments aim to increase average daily rates significantly by 2029 and 2030, respectively. The company is also progressing in forming the Seibu Fund, which will include the securitization of Shinagawa Prince Hotel assets. Additionally, Seibu Holdings has acquired shares in Ace Group International to expand its hotel network. Despite an increase in operating revenue driven by securitization and tourism, operating profit decreased due to rising expenses. The company maintains its full-year earnings forecast, considering deferred expenses and delays in certain projects.

The most recent analyst rating on (JP:9024) stock is a Buy with a Yen6202.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Holdings Reports Decline in Profits Amid Revenue Growth

Seibu Holdings Inc. reported a slight increase in operating revenue for the six months ending September 30, 2025, despite a significant decline in profit attributable to owners of the parent, which fell by 74.2% year-on-year. The company expects a substantial decrease in operating revenue and profit for the fiscal year ending March 31, 2026, indicating potential challenges in maintaining its financial performance.

The most recent analyst rating on (JP:9024) stock is a Buy with a Yen6202.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Holdings Completes Share Repurchase in October 2025

Seibu Holdings Inc. has announced the completion of a share repurchase program, acquiring 1,141,400 common shares for approximately 6.3 billion yen in October 2025. This move is part of a broader strategy to repurchase up to 28 million shares by December 2025, potentially enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:9024) stock is a Buy with a Yen6202.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.

Seibu Holdings to Record Extraordinary Income from Asset Transfer

Seibu Holdings Inc. announced that its subsidiary, Seibu Railway Co., Ltd., will transfer non-current assets as part of the Tokyo City Planning, Park No. 5/5/10 Nerima-Joshi Park Project. This transaction, involving parcels of land from the former Toshimaen, is expected to generate extraordinary income for the company, impacting its consolidated financial results positively for the nine months ending December 31, 2025.

The most recent analyst rating on (JP:9024) stock is a Buy with a Yen6202.00 price target. To see the full list of analyst forecasts on Seibu Holdings, Inc. stock, see the JP:9024 Stock Forecast page.