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

• Market Cap: ¥17.80B
• Dividend Yield: 2.53%
• Average Volume (3M): 5.13K
• Price to Earnings (P/E): 8.1
• Beta (1Y): 0.44
• Revenue Growth: 8.45%
• EPS Growth: 6.78%
• Country: JP
• Employees: 893
• Sector: Industrials
• Sector Strength: 88
• Industry: Integrated Freight & Logistics
• EPS (TTM): 60.92
• Shares Outstanding: 6,536,445
• 10 Day Avg. Volume: 2,830
• 30 Day Avg. Volume: 5,126
• PEG Ratio: -2.13
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥2,753.00
• Price Target Upside: 0.99% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: ¥2,951.00 ▲(8.25%Upside)

Keihin Co., Ltd. achieves a well-rounded score driven by robust financial performance and attractive valuation metrics. The technical analysis indicates strong market momentum, albeit with signs of being overbought. While the financials are solid, the decline in free cash flow is a potential risk to monitor. The absence of recent earnings call insights and corporate events means these factors did not influence the score.

Keihin Co., Ltd. Business Overview & Revenue Model

Company Description

Keihin Co., Ltd. (9312) is a Japanese logistics company specializing in comprehensive logistics services. It operates within sectors such as transportation, warehousing, and distribution, catering to a wide range of industries. The company offers a suite of logistics solutions, including domestic and international freight forwarding, customs clearance, and supply chain management, aiming to optimize the flow of goods and services for its clients.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	50.45B	46.52B	59.82B	54.11B	48.16B
Gross Profit	4.99B	4.58B	5.80B	5.08B	4.32B
EBITDA	5.27B	4.73B	5.49B	4.92B	4.28B
Net Income	2.19B	2.05B	2.70B	2.26B	1.75B
Balance Sheet
Total Assets	51.11B	49.50B	44.44B	41.99B	42.54B
Cash, Cash Equivalents and Short-Term Investments	9.46B	9.42B	9.31B	7.10B	5.94B
Total Debt	8.58B	9.10B	9.66B	10.42B	12.30B
Total Liabilities	20.84B	21.27B	19.98B	20.50B	22.87B
Stockholders Equity	30.26B	28.23B	24.46B	21.49B	19.67B
Cash Flow
Free Cash Flow	1.12B	1.41B	3.36B	3.52B	2.90B
Operating Cash Flow	3.80B	3.91B	5.24B	4.52B	3.69B
Investing Cash Flow	-2.83B	-2.67B	-2.01B	-784.00M	-612.00M
Financing Cash Flow	-1.26B	-1.38B	-1.23B	-2.45B	-1.68B

Keihin Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2726.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Positive. The current price of 2726 is above the 20-day moving average (MA) of 2717.20, above the 50-day MA of 2583.52, and above the 200-day MA of 2205.83, indicating a bullish trend. The MACD of 49.45 indicates Positive momentum. The RSI at 65.23 is Neutral, neither overbought nor oversold. The STOCH value of 46.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	80 Outperform	¥23.80B	4.98		0.77%	2.23%	0.81%
9306	80 Outperform	¥11.06B	8.33		3.50%	4.70%	8.98%
9029	78 Outperform	¥23.88B	11.98		2.26%	19.59%	39.80%
9311	77 Outperform	¥8.62B	6.50		1.97%	-1.60%	45.60%
9034	76 Outperform	¥14.68B	10.64		3.57%	4.04%	-13.19%
9312	71 Outperform	¥17.80B	8.13		2.53%	8.45%	6.78%
Sector *	64 Neutral	$10.64B	16.52	6.24%	2.15%	3.01%	-28.89%