KEIWA Incorporated (4251.T)
Tokyo, JP
Based in Tokyo, Japan, KEIWA Incorporated, founded in 1948, is a key manufacturer and supplier of specialized optical sheets and advanced functional materials. The company, which operated as KEIWA Commerce and Industry Co., Ltd. until its name change in 1999, provides a comprehensive array of products. This includes light diffusion sheets vital for the backlight units in smartphone liquid crystal displays, as well as components for bespoke optical films, such as protective layers for light-collecting films. KEIWA also develops sophisticated functional films and sheets utilized for display surface protection in optical systems and numerous other applications. Beyond its optical segment, the company supplies industrial packaging solutions, specialized processing papers, materials for clean energy technologies, and a variety of other industrial goods, particularly for the construction and agricultural sectors.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.39% | -2.39% | -2.08% | -5.26% | +0.00% | -3.92% | +33.30% | +18.24% | +13.01% | +178.41% | +178.41% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Hardware, Equipment & Parts: +10.0%-3.1% Q1'26: +5.2% (vs Q1'25)
-
EPS growth Hardware, Equipment & Parts: +20.2%-15.7% Q1'26: +11.2% (vs Q1'25)
-
FCF margin FCF growth · Hardware, Equipment & Parts: +27.1%+10.2% Q1'26: +0.0% (vs Q1'25)
-
EBIT margin Hardware, Equipment & Parts: +8.7%+20.9% ★ Q1'26: +22.7% (vs Q1'25)
-
ROIC Hardware, Equipment & Parts: +5.7%+18.2% ★ Q1'26: +24.3% (vs Q1'25)
-
Share dilution Hardware, Equipment & Parts: +0.0%-3.6% ★ Q1'26: -1.9% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Hardware, Equipment & Parts: -0.70×0.32× ★ Q1'26: 0.27× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 2 Rev. Ana. 2 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
15.82B
est: 15.21B (+4.0%)
|
14.74B
est: 15.90B (-7.3%)
|
18.13B
est: 17.35B (+4.5%)
|
21.10B
est: 22.00B (-4.1%)
|
17.57B
est: 19.82B (-11.4%)
|
21.13B
est: 20.20B (+4.6%)
|
20.47B
est: 20.20B (+1.4%)
|
22.30B
21.85B – 22.75B
+10.4% YoY
|
21.70B
20.84B – 22.56B
-2.7% YoY
|
23.70B
23.22B – 24.18B
+9.2% YoY
|
| EBITDA |
1.93B
est: 3.98B (-51.5%)
|
2.07B
est: 4.16B (-50.3%)
|
4.67B
est: 4.54B (+2.9%)
|
8.26B
est: 5.75B (+43.5%)
|
4.38B
est: 5.87B (-25.3%)
|
5.69B
est: 5.98B (-4.9%)
|
6.39B
est: 5.98B (+6.9%)
|
6.60B
6.47B – 6.73B
+10.4% YoY
|
6.42B
6.17B – 6.68B
-2.7% YoY
|
7.01B
6.87B – 7.15B
+9.2% YoY
|
| EBIT |
999.05M
est: 2.78B (-64.1%)
|
975.51M
est: 2.91B (-66.5%)
|
3.32B
est: 3.18B (+4.6%)
|
6.74B
est: 4.03B (+67.5%)
|
2.79B
est: 4.20B (-33.4%)
|
3.96B
est: 4.28B (-7.5%)
|
4.29B
est: 4.28B (+0.3%)
|
4.72B
4.63B – 4.81B
+10.4% YoY
|
4.59B
4.41B – 4.78B
-2.7% YoY
|
5.02B
4.92B – 5.12B
+9.2% YoY
|
| Net Income |
692.34M
est: 904.19M (-23.4%)
|
740.82M
est: 889.92M (-16.8%)
|
2.57B
est: 2.35B (+9.6%)
|
4.86B
est: 4.96B (-1.9%)
|
1.98B
est: 2.83B (-29.9%)
|
2.79B
est: 2.60B (+7.3%)
|
2.27B
est: 3.11B (-27.2%)
|
3.10B
3.03B – 3.20B
-0.5% YoY
|
2.81B
2.42B – 3.20B
-9.2% YoY
|
3.10B
3.03B – 3.20B
+10.2% YoY
|
| SGA |
2.47B
est: 2.44B (+1.4%)
|
2.34B
est: 2.55B (-8.2%)
|
2.80B
est: 2.78B (+0.7%)
|
3.22B
est: 3.52B (-8.6%)
|
3.13B
est: 3.42B (-8.3%)
|
3.32B
est: 3.48B (-4.7%)
|
4.49B
est: 3.48B (+29.1%)
|
3.84B
3.77B – 3.92B
+10.4% YoY
|
3.74B
3.59B – 3.89B
-2.7% YoY
|
4.09B
4.00B – 4.17B
+9.2% YoY
|
| EPS |
44.86
est: 46.90 (-4.3%)
|
46.71
est: 46.16 (+1.2%)
|
144.80
est: 121.65 (+19.0%)
|
252.47
est: 257.05 (-1.8%)
|
102.93
est: 152.29 (-32.4%)
|
144.74
est: 140.00 (+3.4%)
|
122.08
est: 167.60 (-27.2%)
|
167.60
163.23 – 171.97
+0.0% YoY
|
151.40
130.46 – 172.34
-9.7% YoY
|
167.60
163.23 – 171.97
+10.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | A | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-14 | A | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-13 | A | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-12 | A | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-11 | A | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-08 | A+ | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-05-07 | A+ | 4/5 | 4/5 | 4/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-05-01 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-04-30 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-04-28 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-04-27 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-04-24 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-23 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-22 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-21 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-20 | A | 4/5 | 4/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-16 | A- | 4/5 | 4/5 | 3/5 | 4/5 | 2/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Militia Long/Short Equity ETF ORR | 0.20% | 272.0K | 14.19% |
| 2 | Dimensional - International Small Cap Value ETF DISV | 0.01% | 664.7K | 0.42% |
| 3 | Dimensional - International Small Cap ETF DFIS | 0.00% | 285.0K | 0.39% |
| 4 | Avantis International Small Cap Value ETF AVDV | 0.00% | 836.4K | 0.36% |
| 5 | Avantis Responsible International Equity ETF AVSD | 0.00% | 9.8K | 0.23% |
| 6 | iShares Core TOPIX ETF 1475.T | 0.00% | 209.7K | 0.05% |
| 7 | Dimensional - International Core Equity Market ETF DFAI | 0.00% | 170.6K | 0.18% |
| 8 | Dimensional - International Core Equity 2 ETF DFIC | 0.00% | 121.4K | 0.22% |
| 9 | Avantis International Small Cap Equity ETF AVDS | 0.00% | 2.3K | 0.30% |
| 10 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 77.2K | 0.28% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Junjiro Noguchi | Executive Senior Director & FL Division Manager | — | male |
| Kazumasa Fujii | Executive Senior Director & Production Division Manager | — | male |
| Keiichi Osamura | President & Representative Director | — | male |
| Naoko Kawashima | Executive Director & GM of ESL Office | — | female |
| Sadato Nakahara | Director, Operating Officer, Manager of Logistics Div & GM of HR & General Affairs Dept. | — | male |
| Satoshi Ueji | Operating Officer, Deputy Manager of Marketing Div, Dir & GM of Optical Products Dept | — | male |
| Shunsuke Ota | Marketing Division Manager & Executive Director | — | male |
| Yuki Yoshioka | Executive Officer, Deputy GM of Administration Division, GM of Finance & Director | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 4251.T
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
