Japan Elevator Service Holdings Co., Ltd. (6544) AI Stock Analysis

• Market Cap: ¥325.24B
• Dividend Yield: 1.67%
• Average Volume (3M): 535.09K
• Price to Earnings (P/E): 55.3
• Beta (1Y): 0.46
• Revenue Growth: 15.81%
• EPS Growth: 19.21%
• Country: JP
• Employees: 1,868
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 9.03
• Shares Outstanding: 178,134,400
• 10 Day Avg. Volume: 565,029
• 30 Day Avg. Volume: 535,089
• PEG Ratio: -1.14
• Price to Book (P/B): 12.21
• Price to Sales (P/S): 4.93
• P/FCF Ratio: 52.65
• 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: ¥2,013.00
• Price Target Upside: 7.94% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ¥2,013.00 ▲(7.94% Upside)

The overall stock score is primarily driven by strong financial performance, with robust revenue and profit growth, efficient cost management, and improved leverage. However, technical analysis indicates a bearish trend, and the high P/E ratio suggests overvaluation, which tempers the overall score.

Japan Elevator Service Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

Japan Elevator Service Holdings Co., Ltd. provides repair, maintenance, and modernization services for elevators and escalators in Japan. It also offers repair elevator service parts; manufactures and sell recycled parts; mechanical parking equipment maintenance and repair; maintains buildings; elevator options to enhance elevator safety; and crime and disaster response equipment. The company was incorporated in 1994 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Japan Elevator Service Holdings Co., Ltd. generates revenue primarily through its comprehensive maintenance and repair services for elevators and escalators. The company offers regular maintenance contracts to building owners and managers, providing consistent revenue streams by ensuring that their equipment operates safely and efficiently. Additionally, the company earns income from modernization projects that upgrade older systems to meet current safety standards and enhance performance. By maintaining a strong network of partnerships with equipment manufacturers and suppliers, Japan Elevator Service Holdings Co., Ltd. ensures access to necessary parts and technology, which supports its service offerings and contributes to its financial success.

Japan Elevator Service Holdings Co., Ltd. Financial Statement Overview

Summary

The company has demonstrated strong financial health with robust revenue and profit growth, efficient cost management, and improved leverage. The balance sheet shows a favorable equity position and reduced debt levels, while cash flow statements indicate improved cash generation capabilities. Overall, the company is well-positioned financially, with strong profitability and cash flow metrics, though monitoring of debt levels remains important.

Income Statement

The company has shown strong revenue growth, with a consistent upward trajectory in Total Revenue, growing from 21.34 billion JPY in 2020 to 49.38 billion JPY in 2025. Gross Profit Margin has remained stable around 38%, indicating consistent cost management. The Net Profit Margin has improved, reaching 11.2% in 2025, up from 8% in 2020, reflecting enhanced profitability. EBIT and EBITDA margins have also shown positive trends, supporting strong operational performance.

Balance Sheet

The company maintains a moderate Debt-to-Equity ratio, decreasing from 0.95 in 2020 to 0.25 in 2025, indicating improved financial leverage. The Return on Equity (ROE) has shown an upward trend, reaching approximately 27.7% in 2025, demonstrating effective use of equity. The Equity Ratio has improved to 56.4% by 2025, enhancing balance sheet stability. However, total debt remains a factor to monitor, despite being reduced over the years.

Cash Flow

Operating Cash Flow has shown a steady increase, reflecting healthy cash generation from operations. Free Cash Flow has improved significantly, growing from negative in 2020 to 4.63 billion JPY in 2025, highlighting better capital efficiency. The Operating Cash Flow to Net Income ratio is strong, indicating efficient conversion of income to cash. While the Free Cash Flow to Net Income ratio is robust, it suggests solid cash management practices.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.26B	49.38B	42.22B	34.91B	29.75B	24.52B
Gross Profit	19.63B	18.75B	15.95B	13.27B	11.50B	9.43B
EBITDA	10.64B	10.15B	8.54B	6.60B	5.37B	4.62B
Net Income	5.88B	5.53B	4.52B	3.15B	2.73B	2.36B
Balance Sheet
Total Assets	35.42B	35.41B	32.54B	29.00B	25.34B	20.47B
Cash, Cash Equivalents and Short-Term Investments	2.96B	2.34B	2.18B	2.03B	2.18B	1.67B
Total Debt	7.31B	5.00B	6.71B	7.73B	7.30B	4.40B
Total Liabilities	16.25B	15.09B	15.75B	15.32B	13.58B	9.97B
Stockholders Equity	18.80B	19.96B	16.53B	13.51B	11.66B	10.27B
Cash Flow
Free Cash Flow	0.00	4.63B	2.65B	748.51M	311.10M	103.95M
Operating Cash Flow	0.00	5.64B	5.28B	4.25B	3.01B	3.02B
Investing Cash Flow	0.00	-1.52B	-2.84B	-3.51B	-3.28B	-3.96B
Financing Cash Flow	0.00	-3.96B	-2.53B	-954.30M	765.20M	1.46B

Japan Elevator Service Holdings Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1865.00
• 50DMA: Negative
• 100DMA: Negative
• 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:6544, the sentiment is Negative. The current price of 1865 is below the 20-day moving average (MA) of 1906.08, below the 50-day MA of 1936.88, and above the 200-day MA of 1703.16, indicating a neutral trend. The MACD of -29.97 indicates Positive momentum. The RSI at 42.65 is Neutral, neither overbought nor oversold. The STOCH value of 22.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6544.

Japan Elevator Service Holdings Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4658	79 Outperform	¥43.12B	13.13	―	3.46%	9.42%	7.97%
6086	76 Outperform	¥23.87B	19.83	―	1.40%	15.87%	25.64%
6083	74 Outperform	¥29.02B	16.00	―	1.60%	17.36%	70.92%
6189	74 Outperform	¥7.09B	15.29	―	5.35%	0.12%	86.55%
9791	66 Neutral	¥9.43B	8.49	―	2.22%	-7.83%	-13.14%
6544	64 Neutral	¥325.24B	55.29	―	1.67%	15.81%	19.21%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Japan Elevator Service Holdings Co., Ltd. Corporate Events

Japan Elevator Service Holdings Announces Stock Split and Articles Amendment

Japan Elevator Service Holdings Co., Ltd. announced a stock split to improve share liquidity and broaden its investor base, doubling its issued shares from 89,067,200 to 178,134,400. This move, effective October 1, 2025, also involves amending the Articles of Incorporation to increase the total authorized shares to 448,000,000, potentially impacting the company’s market positioning by making its stock more accessible to investors.

Japan Elevator Service Holdings Reports Strong Q1 Financial Results and Announces Stock Split

Japan Elevator Service Holdings Co., Ltd. reported a strong financial performance for the first quarter of the fiscal year ending March 31, 2026, with significant growth in net sales and profits compared to the previous year. The company also announced a planned two-for-one stock split, reflecting confidence in its future growth prospects and aiming to enhance stock liquidity. The financial results indicate a robust operational performance, positioning the company favorably within the industry and potentially benefiting its stakeholders.

Japan Elevator Service Completes Treasury Share Disposal for Compensation

Japan Elevator Service Holdings Co., Ltd. has completed the payment process for the disposal of 15,000 treasury shares as part of its Restricted Stock Compensation plan. This strategic move, resolved by the Board of Directors, is aimed at aligning the interests of its directors with the company’s long-term performance, potentially impacting its operational efficiency and market positioning.

Japan Elevator Service Completes Treasury Share Repurchase

Japan Elevator Service Holdings Co., Ltd. has completed the repurchase of 15,000 common shares, amounting to JPY 61,484,000, as authorized by its Board of Directors. This strategic move, executed through market buying on the Tokyo Stock Exchange, reflects the company’s commitment to optimizing its capital structure and potentially enhancing shareholder value.

Japan Elevator Service Holdings Announces Treasury Share Disposal for Director Incentives

Japan Elevator Service Holdings Co., Ltd. announced its decision to dispose of 15,000 treasury shares as part of a Restricted Stock Compensation Scheme for its directors. This move is intended to incentivize directors to enhance corporate value and align their interests with those of shareholders. The disposal involves a total value of JPY 60,075,000 and includes a 35-year transfer restriction period, reflecting the company’s long-term commitment to value creation.

Japan Elevator Service Holdings Announces Treasury Share Repurchase Plan

Japan Elevator Service Holdings Co., Ltd. announced a resolution to repurchase up to 15,000 of its common shares, representing 0.02% of its total outstanding shares. This move is aimed at implementing flexible capital policies and using the repurchased shares for restricted stock compensation, reflecting the company’s strategic approach to capital management.

Japan Elevator Service Holdings Announces New Board Appointments

Japan Elevator Service Holdings Co., Ltd. announced the appointment of new board directors and supervisory executive officers following its 31st Annual General Meeting of Shareholders. This strategic move is expected to enhance the company’s leadership structure and potentially improve its operational efficiency and governance.