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Kantsu Co., Ltd. (JP:9326)
:9326
Japanese Market
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Kantsu Co., Ltd. (9326) AI Stock Analysis

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JP:9326

Kantsu Co., Ltd.

(9326)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
¥509.00
▲(4.30% Upside)
Action:Reiterated
Date:08/06/26
The score reflects a strong technical setup (price above key moving averages and positive MACD) balanced against weaker underlying fundamentals driven by high and rising leverage, thin margins, and historically volatile free cash flow. Valuation is mixed, with a moderate P/E and a modest dividend yield.
Positive Factors
Revenue recovery and profit turnaround
Kantsu delivered meaningful top-line momentum in 2026 with +17.7% revenue growth and a return to net profit. This recovery underpins improved operating leverage potential and client demand validation, providing a more durable earnings base to support reinvestment and contract wins over coming quarters.
Negative Factors
High and rising leverage
Leverage at ~3.27x materially constrains financial flexibility in a capital-intensive logistics business. High debt increases interest burden and refinancing risk during cyclical slowdowns, limiting the company's ability to invest opportunistically or absorb cost shocks without further raising funding costs or diluting stakeholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery and profit turnaround
Kantsu delivered meaningful top-line momentum in 2026 with +17.7% revenue growth and a return to net profit. This recovery underpins improved operating leverage potential and client demand validation, providing a more durable earnings base to support reinvestment and contract wins over coming quarters.
Read all positive factors

Kantsu Co., Ltd. (9326) vs. iShares MSCI Japan ETF (EWJ)

Kantsu Co., Ltd. Business Overview & Revenue Model

Company Description
Kantsu Co.,Ltd. offers a comprehensive suite of supply chain and logistical solutions, including import/export customs clearance, domestic distribution, order fulfillment, and customer support for clients both in Japan and internationally. Their s...
How the Company Makes Money
Kantsu generates revenue primarily by charging corporate customers service fees for outsourced logistics operations. Key revenue streams include: (1) Warehousing and inventory services—fees for storage space, inbound receiving, picking/packing, va...

Kantsu Co., Ltd. Financial Statement Overview

Summary
Operating results improved in 2026 with strong revenue growth (+17.7%) and a return to net profit, and cash flow turned positive. Offsetting this, profitability remains thin (about 1.1% net margin; ~1.7% EBIT margin), leverage is high and rising (debt-to-equity ~3.27x), and free cash flow has been volatile with weak conversion (FCF ~20% of net income in 2026).
Income Statement
55
Neutral
Balance Sheet
34
Negative
Cash Flow
40
Negative
BreakdownTTMFeb 2026Feb 2025Feb 2024Feb 2023Feb 2022
Income Statement
Total Revenue19.56B18.35B15.27B11.94B10.49B10.10B
Gross Profit1.64B1.54B1.13B1.45B1.37B1.57B
EBITDA810.61M727.06M-560.86M497.90M1.38B1.03B
Net Income233.88M206.09M-848.22M49.69M628.12M463.99M
Balance Sheet
Total Assets12.46B11.70B10.44B10.43B9.58B9.56B
Cash, Cash Equivalents and Short-Term Investments3.10B2.65B2.18B2.56B3.43B3.22B
Total Debt8.05B7.34B6.21B5.65B4.27B5.19B
Total Liabilities10.34B9.45B8.35B7.40B6.32B6.83B
Stockholders Equity2.12B2.24B2.09B3.02B3.26B2.73B
Cash Flow
Free Cash Flow0.0097.41M-423.91M-676.25M-752.12M268.43M
Operating Cash Flow0.00494.04M-96.15M-54.30M216.64M805.46M
Investing Cash Flow0.00-1.06B-700.17M-2.12B1.01B-1.09B
Financing Cash Flow0.001.03B652.26M1.09B-1.02B900.11M

Kantsu Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
¥14.29B9.393.85%7.78%20.28%
69
Neutral
¥115.69B14.443.24%1.86%50.49%
69
Neutral
¥18.48B5.522.46%-3.51%46.46%
67
Neutral
¥90.20B13.013.42%0.89%13.66%
65
Neutral
¥13.53B9.153.04%3.34%11.63%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
56
Neutral
¥5.13B21.582.05%25.45%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:9326
Kantsu Co., Ltd.
498.00
140.97
39.48%
JP:9304
Shibusawa Warehouse Co., Ltd.
1,901.00
809.78
74.21%
JP:9306
Toyo Logistics Co., Ltd.
2,014.00
369.65
22.48%
JP:9310
Japan Transcity Corporation
1,419.00
306.13
27.51%
JP:9312
Keihin Co., Ltd.
2,830.00
141.00
5.24%
JP:9351
Toyo Wharf & Warehouse Co., Ltd.
1,856.00
404.28
27.85%
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.Date of analysis: Aug 06, 2026