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KATITAS CO
(8919)
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Rating:65Neutral
Price Target:
¥3,838.00
▲(7.51% Upside)
Action:Reiterated
Date:08/17/26
The score is driven most by mixed financial quality: solid growth/profitability and an improving balance sheet are offset by weak and volatile cash flow, including negative operating/free cash flow in 2026. Technicals are supportive with price above key moving averages and positive MACD, while valuation is moderate with a ~21 P/E and a ~2.24% dividend yield.
Positive Factors
Accelerating Revenue and Earnings Growth
Sustained revenue expansion alongside higher net income indicates improving scale and demand. If maintained, this growth can support operating leverage and strengthen the company’s earnings base over the next several reporting periods.
Negative Factors
Volatile and Negative Cash Flow
Recent negative operating and free cash flow, following several weak years, reduces confidence that reported profits consistently convert into cash. Persistent working-capital or inventory absorption could constrain reinvestment, debt reduction, and shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating Revenue and Earnings Growth
Sustained revenue expansion alongside higher net income indicates improving scale and demand. If maintained, this growth can support operating leverage and strengthen the company’s earnings base over the next several reporting periods.
Read all positive factors
KATITAS CO (8919) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥290.47B
Dividend Yield2.08%
Average Volume (3M)289.34K
Price to Earnings (P/E)22.7
Beta (1Y)0.80
Revenue Growth20.50%
EPS Growth28.24%
CountryJP
Employees1,002
SectorConsumer Cyclical
Sector Strength84
IndustryResidential Construction
Share Statistics
EPS (TTM)159.43
Shares Outstanding78,650,640
10 Day Avg. Volume322,550
30 Day Avg. Volume289,336
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)4.60
Price to Sales (P/S)1.61
P/FCF Ratio-46.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)185.95
Revenue Forecast (FY)¥179.65B
KATITAS CO Business Overview & Revenue Model
Company Description
KATITAS Co. Ltd. specializes in the acquisition, renovation, and resale of existing residential properties to individuals and families throughout Japan. Established in 1978, the company previously operated as Yasuragi Co., Ltd. before rebranding t...
KATITAS CO Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
42
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 151.85B | 129.54B | 126.72B | 121.34B | 101.27B |
| Gross Profit | 35.37B | 30.70B | 27.81B | 26.86B | 24.65B |
| EBITDA | 18.37B | 14.31B | 12.68B | 9.53B | 11.00B |
| Net Income | 12.47B | 9.55B | 8.50B | 6.09B | 6.84B |
Balance Sheet | |||||
| Total Assets | 93.25B | 83.33B | 77.37B | 66.30B | 62.64B |
| Cash, Cash Equivalents and Short-Term Investments | 8.23B | 18.77B | 22.03B | 8.73B | 13.41B |
| Total Debt | 26.50B | 26.50B | 26.50B | 18.50B | 18.50B |
| Total Liabilities | 40.19B | 37.61B | 37.02B | 30.54B | 29.89B |
| Stockholders Equity | 53.06B | 45.72B | 40.34B | 35.77B | 32.75B |
Cash Flow | |||||
| Free Cash Flow | -5.27B | 1.05B | 9.43B | -1.54B | -2.50B |
| Operating Cash Flow | -5.20B | 1.16B | 9.50B | -1.47B | -2.49B |
| Investing Cash Flow | -108.00M | -152.00M | -192.00M | -85.00M | -20.00M |
| Financing Cash Flow | -5.23B | -4.27B | 3.99B | -3.13B | -3.19B |
KATITAS CO Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ¥183.79B | 11.00 | ― | 2.33% | 5.43% | 5.50% | |
65 Neutral | ¥290.47B | 22.69 | 23.24% | 2.39% | 20.50% | 28.24% | |
65 Neutral | ¥199.51B | 9.53 | 29.49% | 1.49% | 3.31% | 72.40% | |
62 Neutral | ¥145.04B | 7.96 | 14.49% | 2.93% | 3.39% | -6.00% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | ¥64.82B | 9.22 | ― | 2.89% | 36.85% | 83.36% | |
54 Neutral | ¥39.22B | 13.34 | ― | 0.45% | 43.47% | 151.64% |
* Consumer Cyclical Sector Average
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KATITAS CO Corporate Events
KATITAS Unveils Q1 FY2026 Results and Medium-Term Strategy
Aug 7, 2026
KATITAS Co., Ltd., listed on the TSE Prime Market under code 8919, operates a business model focused on the renovation and resale of existing homes in Japan. The company targets the domestic housing market by improving used residential properties ...
KATITAS Delivers Strong Q1 Growth and Confirms Outlook With Higher Dividend Plan
Aug 7, 2026
KATITAS Co. reported strong results for the first quarter of the fiscal year ending March 31, 2027, with net sales rising 25.4% year on year to ¥43.96 billion and profit attributable to owners of parent climbing 28.7% to ¥3.68 billion, r...
KATITAS launches restricted stock incentive plan for employees
Jul 29, 2026
KATITAS Co., Ltd. has approved the disposal of 17,522 treasury shares as restricted stock to eight employees across the parent company and a subsidiary, at a total value of ¥58.26 million. The shares, representing about 0.02% of issued stock,...
Katitas Completes Disposal of Treasury Shares for Restricted Stock Compensation
Jul 23, 2026
Katitas Co., Ltd. has completed the payment process for the disposal of 9,650 treasury shares, which are being used as restricted stock compensation under a Board-approved plan. The shares, priced at ¥3,335 each for a total of ¥32.18 mil...
KATITAS to Grant Restricted Treasury Shares to Directors Under Long-Term Incentive Plan
Jun 23, 2026
KATITAS Co., Ltd. will dispose of 9,650 shares of its treasury stock as restricted stock compensation to two company directors and one director of a subsidiary, at a price of ¥3,335 per share, for total consideration of ¥32,182,750. The ...
KATITAS Details Ties to Major Shareholder Nitori and Emphasizes Governance Safeguards
Jun 23, 2026
KATITAS Co., Ltd., a Japanese real estate company listed on the TSE Prime Market, counts Nitori Holdings Co., Ltd. as an “other affiliated company” with a 34.1% voting stake, making KATITAS an equity-method affiliate. The two groups co...
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.