THE KEIHIN CO., LTD.

9312・Standard Market・Warehousing & Harbor Transportation Services

9312・Standard Market・Warehousing & Harbor Transportation Services

THE KEIHIN CO., LTD.9312

Reference Indicators

Market Cap

190¥100M

P/E (Forecast)

—

P/B

0.6x

Dividend Yield (Forecast)

4.82%

ROE

7.9%

EV/EBITDA

4.8x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	54,108	59,821	46,520	50,452	50,309
Cost of Sales	49,026	54,017	41,847	45,369	44,696
Gross Profit	5,082	5,803	4,672	5,082	5,612
Operating Income	3,140	3,823	2,668	2,898	3,427
Non-operating Income	256	285	415	355	386
Non-operating Expenses	110	150	94	152	109
Ordinary Income	3,286	3,958	2,988	3,101	3,704
Extraordinary Income	0	0	39	118	—
Extraordinary Losses	29	32	24	47	59
Pre-tax Income	3,257	3,926	3,002	3,171	3,644
Income Taxes	994	1,221	953	982	1,106
Net Income	2,263	2,704	2,049	2,188	2,537
EBITDA	4,915	5,485	4,316	4,921	5,323
Gross Margin	9.4%	9.7%	10.0%	10.1%	11.2%
Operating Margin	5.8%	6.4%	5.7%	5.7%	6.8%
ROA	5.4%	6.1%	4.1%	4.3%	4.2%
ROE	11.0%	11.8%	7.8%	7.5%	7.9%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
国内物流事業	28,052	3,488	12.4%
国際物流事業	22,257	1,600	7.2%

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