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Keihan Holdings Co., Ltd. (9045.T)

JPY3,226.00 -18.00 (-0.55%)
JP JPX Industrials Conglomerates
Address 1-7-31 Otemae
Osaka, JP
CEO Yoshihiro Hirakawa
IPO 2005-11-17
ISIN JP3279400000

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Description

Keihan Holdings Co., Ltd. is a diversified Japanese conglomerate primarily engaged in transportation, alongside a variety of other business ventures. The company's operations are strategically divided into five key segments. Its foundational Transportation division oversees comprehensive railway and bus services. The Real Estate segment is involved in property transactions, including sales and leasing, the distribution of construction materials, and real estate surveying and design. Under its Retail Distribution arm, Keihan manages department stores, various other retail outlets, and shopping centers. The Leisure and Service sector focuses on hospitality, operating hotels and offering sightseeing cruises. Finally, an 'Others' segment includes its credit card business. Established in 1906 as Keihan Electric Railway Co., Ltd., the company maintains its corporate headquarters in Osaka, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY3,226.00 -18.00 (-0.55%)
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Volume Profile
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Liquidity & share structure
Average Volume
299.3K
Beta
0.00
Float Shares
91.59M
Free Float %
90.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.71% -2.95% -5.20% -11.72% -2.47% -6.63% -7.37% -15.93% -9.02% -14.68% +95.48%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3,226.00
Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.32
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Conglomerates: +6.1%
    +6.0% Q1'26: +34.2% (vs Q1'25)
  • EPS growth Conglomerates: +16.9%
    +24.0% Q1'26: +140.7% (vs Q1'25)
  • FCF margin FCF growth · Conglomerates: +35.9%
    +4.1% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Conglomerates: +9.0%
    +14.8% Q1'26: +12.1% (vs Q1'25)
  • ROIC Conglomerates: +4.7%
    +5.0% Q1'26: +5.1% (vs Q1'25)
  • Share dilution Conglomerates: +0.0%
    -4.2% Q1'26: -0.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Conglomerates: 1.28×
    5.34× Q1'26: 5.06× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.02) × ERP
WACC = 47% × Ke + 53% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 3,226.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
2 Rev. Ana.
2 EPS Ana.
Mar 2027
2 Rev. Ana.
2 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
294.91B
est: 286.00B (+3.1%)
300.19B
est: 303.90B (-1.2%)
302.92B
est: 299.80B (+1.0%)
322.28B
est: 310.00B (+4.0%)
326.16B
est: 326.00B (+0.0%)
317.10B
est: 328.00B (-3.3%)
253.42B
est: 251.76B (+0.7%)
258.12B
est: 262.80B (-1.8%)
260.07B
est: 259.87B (+0.1%)
302.15B
est: 317.68B (-4.9%)
313.55B
est: 317.70B (-1.3%)
326.75B
326.40B – 327.10B
+2.8% YoY
331.25B
326.10B – 336.40B
+1.4% YoY
331.40B
328.82B – 333.98B
+0.0% YoY
EBITDA
46.79B
est: 46.34B (+1.0%)
49.47B
est: 49.24B (+0.5%)
53.24B
est: 48.58B (+9.6%)
55.84B
est: 50.23B (+11.2%)
54.78B
est: 52.82B (+3.7%)
54.73B
est: 53.15B (+3.0%)
24.39B
est: 40.79B (-40.2%)
41.08B
est: 42.58B (-3.5%)
40.72B
est: 42.11B (-3.3%)
56.99B
est: 51.47B (+10.7%)
65.71B
est: 51.48B (+27.7%)
52.94B
52.89B – 53.00B
+2.8% YoY
53.67B
52.84B – 54.51B
+1.4% YoY
53.70B
53.28B – 54.12B
+0.0% YoY
EBIT
29.44B
est: 24.44B (+20.4%)
31.53B
est: 25.97B (+21.4%)
34.50B
est: 25.62B (+34.7%)
36.25B
est: 26.49B (+36.8%)
34.45B
est: 27.86B (+23.6%)
33.40B
est: 28.03B (+19.2%)
3.06B
est: 21.52B (-85.8%)
20.01B
est: 22.46B (-10.9%)
20.49B
est: 22.21B (-7.7%)
36.83B
est: 27.15B (+35.6%)
42.98B
est: 27.15B (+58.3%)
27.92B
27.89B – 27.95B
+2.8% YoY
28.31B
27.87B – 28.75B
+1.4% YoY
28.32B
28.10B – 28.54B
+0.0% YoY
Net Income
17.86B
est: 12.54B (+42.5%)
22.39B
est: 20.73B (+8.0%)
22.64B
est: 19.76B (+14.6%)
22.71B
est: 20.05B (+13.3%)
21.48B
est: 20.64B (+4.1%)
20.12B
est: 23.94B (-15.9%)
-4.57B
est: -4.61B (+0.8%)
9.59B
est: 6.26B (+53.3%)
17.62B
est: 17.46B (+0.9%)
24.89B
est: 23.66B (+5.2%)
28.27B
est: 26.40B (+7.1%)
30.55B
27.23B – 33.37B
+15.7% YoY
28.45B
27.71B – 28.94B
-6.9% YoY
28.30B
27.83B – 28.39B
-0.5% YoY
SGA
23.56B
est: 34.78B (-32.3%)
25.24B
est: 36.96B (-31.7%)
28.49B
est: 36.46B (-21.9%)
31.68B
est: 37.70B (-16.0%)
31.88B
est: 39.64B (-19.6%)
32.71B
est: 39.89B (-18.0%)
29.52B
est: 30.62B (-3.6%)
28.30B
est: 31.96B (-11.4%)
30.29B
est: 31.60B (-4.2%)
32.28B
est: 38.63B (-16.5%)
49.73B
est: 38.64B (+28.7%)
39.74B
39.69B – 39.78B
+2.8% YoY
40.28B
39.66B – 40.91B
+1.4% YoY
40.30B
39.99B – 40.61B
+0.0% YoY
EPS
158.90
est: 119.00 (+33.5%)
199.75
est: 196.75 (+1.5%)
211.01
est: 187.50 (+12.5%)
211.87
est: 190.30 (+11.3%)
200.39
est: 195.90 (+2.3%)
187.72
est: 227.19 (-17.4%)
-42.67
est: -43.74 (+2.4%)
89.46
est: 59.37 (+50.7%)
164.38
est: 165.73 (-0.8%)
232.14
est: 234.38 (-1.0%)
268.32
est: 261.53 (+2.6%)
300.24
269.80 – 330.68
+14.8% YoY
280.64
274.58 – 286.70
-6.5% YoY
278.52
275.71 – 281.33
-0.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-05-08 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-05-07 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-05-01 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-30 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-28 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-27 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-24 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
53.76B
OE per share TTM
502.65
Owner's Yield
16.35%
Maintenance CapEx ratio
72.55%
Maint CapEx / Avg PPE
170.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 99 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree Japan Opportunities Fund OPPJ 0.21% 590.3K 0.58%
2 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.14% 771.0K 0.58%
3 iShares MSCI Japan Small-Cap ETF SCJ 0.13% 331.9K 0.50%
4 WisdomTree Japan SmallCap Dividend Fund DFJ 0.07% 287.5K 0.58%
5 Avantis International Small Cap Equity ETF AVDS 0.07% 213.0K 0.30%
6 Invesco Global Buyback Achievers UCITS ETF BUYB.L 0.06% 108.5K 0.39%
7 UBS MSCI World Small Cap Socially Responsible UCITS ETF USD dis WSCR.L 0.06% 513.3K 0.23%
8 UBS MSCI World Small Cap Socially Responsible UCITS ETF USD acc WSCSRI.SW 0.06% 513.6K 0.23%
9 Schwab Fundamental International Small Company Index ETF FNDC 0.05% 1.57M 0.39%
10 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.05% 115.5K 0.83%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
7.74M
Shares Outstanding
100.90M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kinya Inoue Managing Executive Officer & Director
Masaya Ueno Executive Vice President & Director male
Yasushi Matsushita Managing Executive Officer & Director male
Yoshihiro Hirakawa Representative President & Director male
Yoshihisa Domoto Managing Executive Officer & Director male
Yukio Yamada Managing Executive Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits