Tokyo Kisen Co., Ltd. (JP:9193)
:9193
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Tokyo Kisen Co., Ltd.
(9193)
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Rating:72Outperform
Price Target:
¥1,212.00
▲(18.24% Upside)
Action:UpgradedDate:02/10/26
The score is driven mainly by attractive valuation (low P/E and solid dividend yield) and a strong balance sheet, partly offset by weak profitability/negative free cash flow and technically overbought momentum despite an overall uptrend.
Positive Factors
Strong balance sheet and low leverage
Tokyo Kisen's low leverage and rising stockholders' equity provide durable financial flexibility to fund fleet maintenance and absorb shipping-cycle volatility. A robust balance sheet reduces refinancing risk, supports steady capital allocation and preserves the ability to withstand medium-term demand shocks.
Negative Factors
Negative free cash flow due to high capex
Persistent negative free cash flow driven by elevated capex for vessels constrains internal funding and long-term flexibility. Continued reliance on cash reserves or external financing limits reinvestment options, dividend sustainability and the ability to fund strategic initiatives over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong balance sheet and low leverage
Tokyo Kisen's low leverage and rising stockholders' equity provide durable financial flexibility to fund fleet maintenance and absorb shipping-cycle volatility. A robust balance sheet reduces refinancing risk, supports steady capital allocation and preserves the ability to withstand medium-term demand shocks.
Read all positive factors
Tokyo Kisen Co., Ltd. (9193) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥10.86B
Dividend Yield4.99%
Average Volume (3M)17.48K
Price to Earnings (P/E)5.4
Beta (1Y)0.68
Revenue Growth6.11%
EPS Growth207.55%
CountryJP
Employees483
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)47.40
Shares Outstanding10,010,000
10 Day Avg. Volume14,400
30 Day Avg. Volume17,476
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.32
Price to Sales (P/S)0.63
P/FCF Ratio-3.10
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)N/A
Revenue Forecast (FY)N/A
Tokyo Kisen Co., Ltd. Business Overview & Revenue Model
Company Description
Tokyo Kisen Co.,Ltd. engages in the tugboat business in Japan and internationally. The company operates through Tugboat, Passenger Ship, and Store and Restaurant segments. The company provides harbor tug services, including assisting in berthing a...
How the Company Makes Money
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Tokyo Kisen Co., Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
80
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.60B | 12.04B | 12.52B | 11.87B | 10.70B | 9.89B |
| Gross Profit | 1.62B | 1.46B | 2.33B | 1.96B | 1.20B | 1.15B |
| EBITDA | 1.29B | 1.11B | 1.73B | 1.36B | 708.48M | 524.75M |
| Net Income | 1.81B | 2.04B | 572.70M | 416.13M | -192.95M | -94.19M |
Balance Sheet | ||||||
| Total Assets | 30.90B | 31.26B | 29.12B | 28.67B | 28.91B | 26.99B |
| Cash, Cash Equivalents and Short-Term Investments | 7.23B | 7.89B | 7.49B | 8.97B | 9.72B | 8.68B |
| Total Debt | 2.92B | 3.10B | 3.30B | 3.04B | 3.65B | 2.12B |
| Total Liabilities | 6.69B | 6.47B | 6.52B | 7.02B | 7.84B | 5.72B |
| Stockholders Equity | 23.15B | 23.76B | 21.60B | 20.73B | 20.18B | 20.38B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -2.44B | -2.80B | -1.02B | -1.21B | -2.61B |
| Operating Cash Flow | 0.00 | 1.21B | 618.20M | 1.50B | 1.27B | 231.73M |
| Investing Cash Flow | 0.00 | 636.60M | -639.32M | -2.73B | -348.57M | 1.40B |
| Financing Cash Flow | 0.00 | -432.55M | 120.03M | -31.32M | 1.42B | -238.58M |
Tokyo Kisen Co., Ltd. Technical Analysis
Negative
1025.00
Price Trends
1185.49
Negative
1084.97
Positive
1002.12
Positive
Market Momentum
-22.85
Positive
40.11
Neutral
11.60
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9193, the sentiment is Negative. The current price of 1025 is below the 20-day moving average (MA) of 1150.21, below the 50-day MA of 1185.49, and above the 200-day MA of 1002.12, indicating a neutral trend. The MACD of -22.85 indicates Positive momentum. The RSI at 40.11 is Neutral, neither overbought nor oversold. The STOCH value of 11.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9193.
Tokyo Kisen Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥5.77B | 5.29 | ― | 3.02% | 7.54% | 44.72% | |
72 Outperform | ¥10.86B | 5.41 | ― | 4.99% | 6.11% | 207.55% | |
71 Outperform | ¥24.04B | 3.25 | ― | 1.29% | 4.21% | 35.32% | |
65 Neutral | ¥11.47B | 10.98 | ― | 1.87% | -0.35% | 11.44% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | ¥3.72B | 8.39 | ― | 2.93% | 0.09% | -44.81% | |
50 Neutral | ¥6.64B | 19.26 | ― | 0.30% | -0.38% | 413.00% |
* Industrials Sector Average
JP:9193
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Tokyo Kisen Co., Ltd. Corporate Events
Tokyo Kisen Posts Higher Sales but Sharp Profit Decline, Keeps Dividend Forecast
Feb 13, 2026
Tokyo Kisen Co., Ltd. reported consolidated net sales of ¥9,971 million for the quarter ended December 2025, up 9.1% year on year, with operating loss narrowing sharply to ¥24 million from ¥178 million. Ordinary profit rose to ¥...
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.