Kanda Holdings Co., Ltd. (9059) AI Stock Analysis

• Market Cap: ¥19.41B
• Dividend Yield: 2.46%
• Average Volume (3M): 4.97K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 0.55
• Revenue Growth: 0.21%
• EPS Growth: 0.95%
• Country: JP
• Employees: 2,784
• Sector: Industrials
• Sector Strength: 72
• Industry: Trucking
• EPS (TTM): 35.09
• Shares Outstanding: 23,308,720
• 10 Day Avg. Volume: 5,750
• 30 Day Avg. Volume: 4,966
• PEG Ratio: -2.79
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.33
• P/FCF Ratio: 6.28
• 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: 73 Outperform
• Price Target: ¥1,020.00 ▲(12.33% Upside)
• Action: Reiterated Date: 10/18/25
• Date: Action: Reiterated 10/18/25

Kanda Holdings Co., Ltd. receives a strong overall score due to its solid financial performance and attractive valuation. The technical analysis suggests a neutral to slightly bearish short-term trend, but the low P/E ratio and healthy dividend yield highlight potential for long-term growth. The absence of earnings call and corporate events data does not affect the score significantly.

Positive Factors

Consistent profitable margins

Sustained healthy gross and improving net margins, with strong EBIT/EBITDA, indicate durable operational efficiency and pricing discipline. This supports persistent cash generation, resilience to cost shocks, and the ability to fund reinvestment or shareholder distributions over the medium term.

Robust cash flow generation

Consistent positive free cash flow and efficient operating cash conversion underpin long-term financial flexibility. Reliable FCF enables sustainable capex funding, debt servicing, and dividends, and provides optionality for strategic investments or weathering cyclical downturns without eroding balance sheet health.

Stable balance sheet and equity base

A strong equity base and moderate leverage provide financial resilience and borrowing capacity. Manageable debt levels and satisfactory return on equity support continued investment in operations, prudent dividend policy, and the ability to pursue growth or absorb shocks without immediate refinancing stress.

Negative Factors

Modest revenue growth rate

A ~4% revenue growth rate signals only modest top-line expansion compared with faster-growing sectors. Over the medium term this constrains scalability and earnings leverage, making it harder to materially expand market share or offset margin pressure without structural business diversification or higher-volume growth initiatives.

Volatility in free cash flow growth

Fluctuating free cash flow trends imply uneven timing of capex or investments, which can complicate capital allocation and forecasting. Persistent FCF variability raises the risk of temporary cuts to dividends or delayed strategic projects, reducing predictability of shareholder returns and investment capacity.

Need to monitor asset financing balance

A moderate equity financing mix and the need to maintain balance between liabilities and equity mean leverage could tighten flexibility if conditions worsen. If liabilities grow relative to equity, the company may face higher financing costs or limited ability to fund acquisitions or large capex without altering capital structure.

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

Company Description

Kanda Holdings Co.,Ltd., through its subsidiaries, provides integrated logistics services in Japan and internationally. The company engages in the general freight vehicle transportation, special assortment freight forwarding, freight light and specified vehicle transportation, freight transportation, and luggage packing storage businesses. It also provides car maintenance, security, warehousing, information provision service and consulting, finance/leasing, custom clearance, and port/marine transportation services. In addition, the company is involved in the leasing, brokerage, consulting, management, and sale of real estate properties; non-life and life insurance agency businesses; industrial waste collection, transportation, and treatment activities; vehicle operation management and inspection activities, as well as maintenance contract works; software and its related equipment development contracts; and systems consulting, sales, leasing, rental, and brokerage activities. Further, the company manages dispensing pharmacies, restaurants, and parking lots; generates and sells electricity; manufactures and sells equipment, sanitary ware, etc.; and operates a car diving agency. Additionally, it engages in the civil engineering and construction planning and designing, enforcement, supervision and beauty, and cleaning of structure activities; and provides automobiles, electronic computing equipment, communication equipment, clothing, daily necessities, groceries, pharmaceuticals/quasi-drugs, cosmetics, pharmaceutical equipment, medical consumables, industry chemicals, pesticides, fuel, and air conditioning equipment, as well as imports and exports kitchen products. The company was founded in 1943 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Kanda Holdings generates revenue through multiple streams, primarily from its real estate development projects, which include residential and commercial properties. The company earns income by selling developed properties and leasing commercial spaces. Additionally, Kanda Holdings provides property management services, which contribute to its recurring revenue. Key revenue streams also include construction contracts, where the company undertakes building projects for various clients. Strategic partnerships with local governments and private developers enhance its project pipeline and market reach, providing a stable foundation for its earnings.

Kanda Holdings Co., Ltd. Financial Statement Overview

Summary

Kanda Holdings Co., Ltd. demonstrates solid financial performance with consistent revenue and profit growth, strong operational efficiency, and a stable balance sheet. The company shows commendable cash flow management, though attention to leverage and investment activities is advisable.

Income Statement

Kanda Holdings Co., Ltd. has shown a consistent revenue growth trend over the years, with a noticeable increase of 8.6% from 2021 to 2022. The gross profit margin stands healthy, indicating efficient cost management. The net profit margin is improving, showing enhanced profitability. Both EBIT and EBITDA margins are strong, reflecting the company's operational efficiency and ability to generate earnings before significant expenses.

Balance Sheet

The balance sheet of Kanda Holdings Co., Ltd. reveals a stable financial position with a strong equity base. The debt-to-equity ratio is manageable, suggesting moderate leverage. The return on equity is satisfactory, indicating effective use of shareholders' equity to generate profits. However, the equity ratio suggests a moderate level of asset financing through equity, warranting attention to maintaining balance in future liabilities.

Cash Flow

Kanda Holdings Co., Ltd. demonstrates a robust cash flow position with a positive free cash flow indicating solid operational health. The operating cash flow to net income ratio reflects efficient conversion of income into cash. However, variations in free cash flow growth suggest potential fluctuations in capital expenditure or investment activities, necessitating careful cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	52.09B	52.01B	51.12B	51.62B	47.65B	44.03B
Gross Profit	5.62B	5.56B	5.84B	5.09B	5.24B	4.47B
EBITDA	4.71B	5.23B	5.28B	4.49B	4.67B	3.87B
Net Income	2.21B	2.21B	2.27B	1.77B	1.95B	1.50B
Balance Sheet
Total Assets	47.34B	47.48B	46.73B	42.31B	41.25B	40.83B
Cash, Cash Equivalents and Short-Term Investments	13.97B	13.95B	12.24B	9.45B	8.27B	7.99B
Total Debt	6.64B	7.00B	8.15B	7.14B	8.11B	9.02B
Total Liabilities	21.00B	21.71B	22.70B	20.27B	20.68B	21.69B
Stockholders Equity	26.34B	25.77B	24.02B	22.03B	20.55B	19.12B
Cash Flow
Free Cash Flow	0.00	2.70B	-208.00M	2.03B	2.62B	2.62B
Operating Cash Flow	0.00	3.80B	4.58B	3.58B	3.80B	3.61B
Investing Cash Flow	0.00	-1.13B	-3.14B	-1.25B	-1.94B	-1.01B
Financing Cash Flow	0.00	-1.76B	610.00M	-1.40B	-1.30B	-1.60B

Kanda Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 908.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9059, the sentiment is Negative. The current price of 908 is above the 20-day moving average (MA) of 898.80, below the 50-day MA of 913.68, and above the 200-day MA of 852.29, indicating a neutral trend. The MACD of -14.85 indicates Positive momentum. The RSI at 36.20 is Neutral, neither overbought nor oversold. The STOCH value of 8.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9059.

Kanda Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9039	74 Outperform	¥113.40B	35.08	―	3.57%	3.00%	5.43%
9059	73 Outperform	¥19.41B	6.47	―	2.46%	0.21%	0.95%
9075	72 Outperform	¥223.44B	3.64	4.72%	1.66%	5.50%	-26.63%
9060	69 Neutral	¥6.05B	9.76	―	1.62%	8.03%	67.38%
9076	64 Neutral	¥366.10B	11.50	5.53%	4.35%	22.07%	86.12%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
9064	54 Neutral	¥591.75B	5.81	7.44%	2.10%	5.58%	114.23%