Keihin Co., Ltd. (9312) AI Stock Analysis

• Market Cap: ¥17.11B
• Dividend Yield: 2.67%
• Average Volume (3M): 5.91K
• Price to Earnings (P/E): 7.6
• Beta (1Y): 0.40
• Revenue Growth: 8.40%
• EPS Growth: 5.76%
• Country: JP
• Employees: 893
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 113.83
• Shares Outstanding: 6,536,445
• 10 Day Avg. Volume: 6,010
• 30 Day Avg. Volume: 5,906
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ¥2,856.00
• Price Target Upside: 9.59% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ¥2,856.00 ▲(9.59% Upside)

Keihin Co., Ltd. has a strong financial foundation with robust revenue growth and stable margins, contributing positively to its score. However, technical indicators suggest bearish momentum, which is a significant risk factor. The stock's attractive valuation with a low P/E ratio and reasonable dividend yield provides a counterbalance, appealing to value investors.

Keihin Co., Ltd. Business Overview & Revenue Model

Company Description

The Keihin Co., Ltd. provides logistics services worldwide. It primarily offers port, inland, sea, and air cargo transport services. The company's services include warehousing/distribution center, mail-order support, and domestic cargo transport, including trucking and marine container transport; and thermal, port construction, wind power/biomass, mining development, power substation, road/bridge, and hospital/ forest preservation/water supply projects cargo transport; export car handling, and customs clearance. It also provides domestic logistics IT systems, such as system for providing information on inventories at warehouses, logistics EDI system, and cargo tracking system; and global logistics IT systems comprising cargo-track and trace, and export motor vehicle loading information system, as well as system for providing information on import seaborne shipments. In addition, the company offers real estate, and transportation and handling equipment brokerage; and worker dispatching undertaking services. Further, it engages in the packaging, labeling, warehousing and distribution, and sale of medicines, quasi-drugs, cosmetics, and medical equipment. The Keihin Co., Ltd. was founded in 1947 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Keihin Co., Ltd. generates revenue primarily through its logistics services, which include transportation, warehousing, and distribution for both domestic and international markets. The company charges clients for providing freight forwarding, customs clearance, and integrated logistics solutions, helping businesses streamline their supply chain operations. Key revenue streams include service fees from logistics operations, transportation charges, and warehousing rental fees. Additionally, partnerships with various industries such as manufacturing, retail, and automotive sectors contribute significantly to its earnings, allowing Keihin to leverage its expertise in complex logistics challenges to drive profitability.

Keihin Co., Ltd. Financial Statement Overview

Summary

Keihin Co., Ltd. demonstrates solid financial performance with strong revenue growth and stable profit margins. The balance sheet reflects good financial health with a conservative leverage position and high equity ratio, reducing financial risk. However, the decline in free cash flow growth could be a concern if it continues.

Income Statement

Keihin Co., Ltd. has demonstrated consistent revenue growth with a notable increase in total revenue from ¥46.52 billion in 2024 to ¥50.45 billion in 2025, a growth rate of approximately 8.84%. The Gross Profit Margin stands at 9.88% and the Net Profit Margin at 4.34%, indicating a stable profitability level. EBIT and EBITDA margins are also healthy at 5.75% and 10.44% respectively, reflecting efficient operational management.

Balance Sheet

The company maintains a strong equity base with a Debt-to-Equity Ratio of 0.28, indicating a conservative leverage position. The Equity Ratio is robust at 59.22%, ensuring financial stability and lower risk exposure. Return on Equity (ROE) is solid at 7.23%, pointing to effective use of equity capital. Overall, the balance sheet reflects good financial health with ample equity relative to debt.

Cash Flow

Operating Cash Flow to Net Income Ratio is 1.74, indicating strong cash generation relative to net income. Free Cash Flow has decreased from ¥1.41 billion in 2024 to ¥1.12 billion in 2025, showing a decline of 20.71%, which might warrant attention. Despite this, the Free Cash Flow to Net Income Ratio remains healthy at 0.51, suggesting reasonable cash flow conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.45B	50.45B	46.52B	59.82B	54.11B	48.16B
Gross Profit	4.99B	4.99B	4.58B	5.80B	5.08B	4.32B
EBITDA	5.01B	5.27B	4.73B	5.66B	5.12B	4.46B
Net Income	2.19B	2.19B	2.05B	2.70B	2.26B	1.75B
Balance Sheet
Total Assets	51.11B	51.11B	49.50B	44.44B	41.99B	42.54B
Cash, Cash Equivalents and Short-Term Investments	9.46B	9.46B	9.42B	9.31B	7.10B	5.94B
Total Debt	8.58B	8.58B	9.10B	9.66B	10.42B	12.30B
Total Liabilities	20.84B	20.84B	21.27B	19.98B	20.50B	22.87B
Stockholders Equity	30.26B	30.26B	28.23B	24.46B	21.49B	19.67B
Cash Flow
Free Cash Flow	0.00	1.12B	1.41B	3.36B	3.52B	2.90B
Operating Cash Flow	0.00	3.80B	3.91B	5.24B	4.52B	3.69B
Investing Cash Flow	0.00	-2.83B	-2.67B	-2.01B	-784.00M	-612.00M
Financing Cash Flow	0.00	-1.26B	-1.38B	-1.23B	-2.45B	-1.68B

Keihin Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2606.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9312, the sentiment is Negative. The current price of 2606 is below the 20-day moving average (MA) of 2644.25, below the 50-day MA of 2700.62, and above the 200-day MA of 2355.08, indicating a neutral trend. The MACD of -23.04 indicates Negative momentum. The RSI at 39.62 is Neutral, neither overbought nor oversold. The STOCH value of 40.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9312.

Keihin Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9115	81 Outperform	¥26.03B	5.45	5.89%	0.67%	2.23%	0.81%
9306	80 Outperform	¥12.80B	8.47	5.61%	3.24%	4.56%	30.80%
9311	77 Outperform	¥9.90B	7.47	5.54%	1.71%	-1.60%	45.60%
9034	76 Outperform	¥14.51B	10.58	6.24%	3.79%	3.56%	-14.38%
9029	76 Outperform	¥21.73B	10.90	13.37%	2.55%	19.59%	39.80%
9312	66 Neutral	¥17.11B	7.58	―	2.67%	8.40%	5.76%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%