ICHINEN HOLDINGS CO., LTD. AI Stock Analysis
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ICHINEN HOLDINGS CO., LTD. (9619) AI Stock Analysis
ICHINEN HOLDINGS CO., LTD.
(TSE/TYO:9619)
The company's financial health is strong, driven by a significantly improved balance sheet and robust cash flow generation. The extremely low P/E ratio and high dividend yield make the stock appear deeply undervalued. These strengths are partially offset by decelerating revenue growth and neutral short-term technical momentum, which suggest the stock may lack immediate catalysts.
ICHINEN HOLDINGS CO., LTD. (9619) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 63.95B
- Dividend Yield
- 3.22%
- Average Volume (3M)
- 47.16K
- Price to Earnings (P/E)
- 5.2
- Beta (1Y)
- 0.71
- Revenue Growth
- 11.73%
- EPS Growth
- 70.09%
- Country
- Japan
- Employees
- 2,067
- Sector
- General
- Sector Strength
- 55
- Industry
- Rental & Leasing Services
ICHINEN HOLDINGS CO., LTD. Business Overview & Revenue Model
Company Description
Operating from its headquarters in Osaka, Japan, Ichinen Holdings Co., Ltd. is a multifaceted enterprise founded in 1930. The company engages in a broad spectrum of activities, including automotive leasing, chemical production, parking facility manag...
How the Company Makes Money
The company makes money primarily through earnings generated by its operating subsidiaries and remitted to the holding company (e.g., via dividends and consolidated operating profits). Key revenue streams typically include (1) recurring fees and rent...
ICHINEN HOLDINGS CO., LTD. Financial Statement Overview
Summary
The balance sheet is a standout with a debt-to-equity ratio of 0.55 and a 34% equity-to-assets ratio, reflecting strong deleveraging. Cash flow is robust, with operating cash flow covering net income by 1.2x. Revenue growth is steady but decelerating, and margins are stable but moderate, preventing a higher score.
Income Statement
68PositiveBalance Sheet
87Very PositiveCash Flow
78Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 176.52B | 162.25B | 154.92B | 138.25B | 127.82B | 120.64B |
| Gross Profit | 21.54B | 34.13B | 13.74B | 10.48B | 9.23B | 8.39B |
| EBITDA | 36.39B | 30.99B | 29.38B | 33.51B | 26.56B | 25.93B |
| Net Income | 12.21B | 7.65B | 6.66B | 12.25B | 5.92B | 5.65B |
Balance Sheet | ||||||
| Total Assets | 246.15B | 211.60B | 205.37B | 202.61B | 171.89B | 168.51B |
| Cash, Cash Equivalents and Short-Term Investments | 11.55B | 10.64B | 9.16B | 8.37B | 10.15B | 11.04B |
| Total Debt | 124.64B | 107.11B | 108.81B | 107.56B | 96.44B | 97.05B |
| Total Liabilities | 165.61B | 139.45B | 139.97B | 141.60B | 123.51B | 124.83B |
| Stockholders Equity | 79.60B | 71.54B | 64.82B | 60.46B | 48.38B | 43.67B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 4.42B | 1.78B | 3.63B | 909.00M | 2.60B |
| Operating Cash Flow | 0 | 9.45B | 4.02B | 5.27B | 2.72B | 5.09B |
| Investing Cash Flow | 0 | -4.45B | -2.07B | -16.54B | -1.86B | -4.67B |
| Financing Cash Flow | 0 | -3.69B | -1.33B | 9.64B | -1.78B | -1.54B |
ICHINEN HOLDINGS CO., LTD. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9619, the sentiment is Positive. The current price of 2701.00 is below the 20-day moving average (MA) of 2710.35, above the 50-day MA of 2689.44, and above the 200-day MA of 2303.58, indicating a neutral trend. The MACD of -10.18 indicates Positive momentum. The RSI at 51.47 is Neutral, neither overbought nor oversold. The STOCH value of 59.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9619.
ICHINEN HOLDINGS CO., LTD. Peers Comparison
Overall Rating
JP:708178Outperform- JP:961977Outperform
JP:969975Outperform
JP:583461Neutral
JP:842457Neutral
JP:843957Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:7081 | 78Outperform | JPY 13.86B | 8.59 | ― | 2.91% | 1.07% | -22.61% |
| JP:9619 | 77Outperform | JPY 63.33B | 5.24 | ― | 3.22% | 11.73% | 70.09% |
| JP:9699 | 75Outperform | JPY 128.50B | 10.24 | ― | 2.94% | 0.17% | 3.63% |
| JP:5834 | 61Neutral | JPY 40.10B | 5.85 | ― | 4.77% | 47.13% | 16.70% |
| JP:8424 | 57Neutral | JPY 376.90B | 10.09 | ― | 3.97% | 21.37% | 37.39% |
| JP:8439 | 57Neutral | JPY 1.33T | 15.20 | ― | 3.55% | 10.62% | -35.62% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:9619 | ICHINEN HOLDINGS CO., LTD. | 2701.00 | 752.19 | 38.60% | |
| JP:5834 | SBI Leasing Services Co.,Ltd. | 2515.00 | 72.86 | 2.98% | |
| JP:7081 | Koyou Rentia Co., Ltd. | 1235.00 | 31.67 | 2.63% | |
| JP:8424 | Fuyo General Lease Co., Ltd. | 4161.00 | 297.71 | 7.71% | |
| JP:8439 | Tokyo Century Corporation | 2704.00 | 859.84 | 46.63% | |
| JP:9699 | NISHIO HOLDINGS CO. LTD. | 4630.00 | 481.21 | 11.60% |
ICHINEN HOLDINGS CO., LTD. Corporate Events
Ichinen Holdings Reports Strong First-Half Earnings Growth
Ichinen Holdings reported six-month revenue of ¥94,936 million for the period ended September 30, 2026, up 17.7% year on year, while operating profit rose 12.4% to ¥6,796 million and ordinary profit increased 9.0% to ¥6,764 million. Profit attributab...
Ichinen Holdings Lifts Interim Earnings Outlook on Leasing and Chemical Strength
Ichinen Holdings raised its consolidated earnings forecast for the first half of the fiscal year ending March 31, 2027, citing stronger-than-expected performance across key segments. The company now projects net sales of ¥95.16 billion and interim ne...
Ichinen Holdings Secures ¥18.2 Billion Covenant-Linked Loan for Agribusiness Acquisitions
Ichinen Holdings Co., Ltd., a Prime Market-listed diversified group, is expanding in agricultural services and fertilizer-related businesses through its subsidiaries ICHINEN MAC Co., Ltd. and MC FERTICOM Co., Ltd. The company is positioning itself fo...
ICHINEN Holdings Details Capital Strategy and FY2026 Management Plan
ICHINEN HOLDINGS CO., LTD., a Tokyo Stock Exchange Prime-listed group under stock code 9619, outlines its diversified operations and investor-focused corporate information in updated IR materials. The company emphasizes its group strategy and perform...
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 07, 2026