NS United Kaiun Kaisha,Ltd. (9110) AI Stock Analysis

2 Followers

NS United Kaiun Kaisha,Ltd.

(TSE/TYO:9110)

Select Model

Rating:87Outperform

Price Target:JPY 12,502.00▲(18.61% Upside)

Action:reiterated

Date:11/05/26

NS United Kaiun Kaisha achieves a strong overall rating driven primarily by a pristine balance sheet, exceptional debt reduction, and robust free cash flow. An attractive valuation (P/E of 9.05) and strong positive price trends further solidify the stock's appeal, effectively mitigating standard top-line cyclicality.

Positive Factors

Balance Sheet StrengthSharp deleveraging materially reduces financial risk and interest-related pressure, giving the company greater resilience through shipping cycles. The stronger equity base and conservative leverage also improve flexibility to maintain vessels, fund operations, and withstand weaker freight conditions.

Negative Factors

Revenue CyclicalityRepeated revenue declines expose the company to the cyclical demand and rate environment inherent in ocean freight transportation. Uneven top-line performance can limit operating leverage, make earnings less predictable, and reduce the visibility of sustained growth over the next several quarters.

NS United Kaiun Kaisha,Ltd. (9110) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 248.38B
Dividend Yield: 3.32%
Average Volume (3M): 118.03K
Price to Earnings (P/E): 9.0
Beta (1Y): 0.58
Revenue Growth: 10.93%
EPS Growth: 34.12%
Country: Japan
Employees: 669
Sector: Industrials
Sector Strength: 63
Industry: Marine Shipping

NS United Kaiun Kaisha,Ltd. Business Overview & Revenue Model

Company Description

NS United Kaiun Kaisha, Ltd., along with its affiliated companies, operates as a comprehensive transport enterprise, owning and managing a diverse fleet of both land and maritime vessels. Its core business is structured around distinct International...

How the Company Makes Money

NS United Kaiun Kaisha, Ltd. primarily makes money by providing ocean freight transportation services using its owned and/or chartered vessels. Revenue is generated from (1) freight and hire income under shipping contracts where customers pay for car...

NS United Kaiun Kaisha,Ltd. Financial Statement Overview

Summary

Exceptional balance sheet management and strong free cash flow generation offset typical industry revenue cyclicality. Aggressive debt paydown has created a fortress-like financial position.

Income Statement

75Positive

Balance Sheet

95Very Positive

Cash Flow

88Very Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	255.37B	229.78B	247.41B	233.10B	250.82B	195.94B
Gross Profit	37.86B	28.99B	27.75B	28.80B	39.16B	32.38B
EBITDA	45.19B	45.66B	41.51B	42.20B	51.88B	48.04B
Net Income	27.52B	24.09B	18.62B	17.99B	27.60B	23.58B
Balance Sheet
Total Assets	303.15B	296.36B	287.95B	286.34B	275.78B	274.87B
Cash, Cash Equivalents and Short-Term Investments	73.60B	65.63B	55.78B	47.07B	40.31B	31.27B
Total Debt	62.04B	63.60B	85.32B	97.09B	100.79B	123.69B
Total Liabilities	105.41B	109.16B	125.21B	136.76B	138.38B	156.68B
Stockholders Equity	197.74B	187.20B	162.74B	149.58B	137.41B	118.19B
Cash Flow
Free Cash Flow	0	29.88B	16.31B	17.70B	36.78B	27.32B
Operating Cash Flow	0	35.42B	34.85B	31.02B	42.93B	32.88B
Investing Cash Flow	0	2.00B	-8.25B	-13.06B	-1.96B	139.00M
Financing Cash Flow	0	-28.19B	-17.81B	-12.07B	-32.39B	-29.91B

NS United Kaiun Kaisha,Ltd. Technical Analysis

Technical Analysis SentimentPositive

Last Price10540.00

Price Trends

50DMA10514.40Positive

100DMA9398.50Positive

200DMA8369.81Positive

Market Momentum

MACD25.28Positive

RSI63.43Neutral

STOCH40.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9110, the sentiment is Positive. The current price of 10540.00 is above the 20-day moving average (MA) of 10534.00, above the 50-day MA of 10514.40, and above the 200-day MA of 8369.81, indicating a bullish trend. The MACD of 25.28 indicates Positive momentum. The RSI at 63.43 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9110.

NS United Kaiun Kaisha,Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

JP:9110 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:9110	87Outperform	JPY 248.38B	9.03	14.61%	3.32%	10.93%	34.12%
JP:9101	79Outperform	JPY 2.72T	8.99	10.20%	4.05%	11.92%	6.90%
JP:9107	74Outperform	JPY 1.79T	10.23	10.75%	3.84%	10.82%	5.21%
JP:9119	69Neutral	JPY 172.04B	8.59	―	4.00%	9.43%	23.52%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JP:9104	60Neutral	JPY 2.44T	8.49	9.54%	3.15%	27.84%	-4.28%
JP:9130	56Neutral	JPY 10.72B	4.71	―	2.87%	1.91%	246.61%

* Industrials Sector Average

Performance Comparison

JP:9110 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:9110	NS United Kaiun Kaisha,Ltd.	10540.00	4971.50	89.28%
JP:9107	Kawasaki Kisen Kaisha	3125.00	1116.27	55.57%
JP:9104	Mitsui OSKLines	6827.00	2550.14	59.63%
JP:9101	Nippon Yusen Kabushiki Kaisha	6915.00	2146.12	45.00%
JP:9119	Iino Kaiun Kaisha,Ltd.	1626.00	335.33	25.98%
JP:9130	Kyoei Tanker Co., Ltd.	1396.00	375.67	36.82%

NS United Kaiun Kaisha,Ltd. Corporate Events

NS United Kaiun Posts Strong Half-Year Rebound but Suspends Dividends

Oct 30, 2026

NS United Kaiun Kaisha, Ltd. reported a strong rebound in earnings for the six months ended September 30, 2026, with revenues climbing 22.9% year on year to ¥137.1 billion and operating profit nearly doubling to ¥17.7 billion. Profit attributable to...

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: Nov 05, 2026

NS United Kaiun Kaisha,Ltd. AI Stock Analysis