Keio Corporation

Keio Corporation

KTERF
Keio CorporationUS flagOther OTC
4.22
USD
- -
- -
2.46BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
668.06
668.24
681.73
686.25
711.99
733
710.34
516.69
491.19
568.58
669.41
747.67
858.44
367.93
Basic EPS, GAAP
26.52
28.25
31.88
34.67
39.14
44.57
29.28
-45.08
9.15
21.48
47.9
70.75
74.16
19.7
Free Cash Flow per Basic Share
25.49
6.94
5.42
-27.69
-22.63
4.51
-19.1
-64.33
-14.36
-50.86
13.04
-33.45
-52.64
- -
Dividend per Share
8.5
8
8
9
9
9.99
10
9.51
8
8
8.5
16.11
21.43
- -
Book Value per Share
419.8
431.81
455.72
481.54
511.71
546.3
565.58
511.01
509.6
523.05
562.45
621.71
669.64
597.82
Tangible Book Value per Share
462.36
487.81
494.32
526.38
558.06
579.79
589.86
539.98
536.76
543.9
609.38
647.59
725.03
641.63
Basic Weighted Avg Shares
611
611
611
611
611
611
611
611
610
611
611
606
579
611
Sales/Revenue/Turnover
407,985
408,039
416,254
418,996
434,697
447,508
433,669
315,439
299,872
347,133
408,694
452,916
496,939
224,636
Operating Margin (%)
8.11
8.29
9.07
9.06
8.87
8.96
8.31
-6.62
0.25
6.19
10.73
11.96
10.53
8.87
Depreciation Expense
34,346
35,325
35,981
35,085
36,264
36,652
36,266
35,135
31,467
29,127
30,851
32,809
34,592
- -
Net Income, GAAP
16,197
17,248
19,468
21,168
23,897
27,213
17,875
-27,519
5,585
13,114
29,243
42,857
42,929
12,029
Effective Tax Rate (%)
38.28
35.43
40
32.33
32.51
32.16
37.16
- -
61.56
37.51
29.08
19.73
26.29
32.18
Profit Margin (%)
3.97
4.23
4.68
5.05
5.5
6.08
4.12
-8.72
1.86
3.78
7.16
9.46
8.64
5.35
Working Capital
-58,451
-42,350
-30,247
-66,785
-57,455
-64,671
-57,570
-62,769
-76,165
-36,520
-26,549
-36,149
-13,499
-9,360
LT Debt
243,202
241,581
252,906
236,518
268,893
247,377
258,894
283,412
267,081
321,036
335,611
331,460
348,179
323,804
Total Equity
292,607
307,726
311,818
332,020
352,241
368,022
373,454
344,395
342,286
351,566
393,930
414,757
444,207
413,009
Return on Invested Capital (%)
3.22
3.5
3.54
3.87
3.77
3.82
3.18
- -
0.04
1.81
3.9
5.09
4.29
1.64
Return on Capital (%)
3.24
3.5
3.7
3.84
4.1
4.42
2.94
- -
0.97
2.12
4.19
5.72
5.5
1.7
Return on Common Equity (%)
6.46
6.63
7.18
7.4
7.88
8.43
5.27
-8.37
1.79
4.16
8.83
11.9
11.23
3.44

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
99,741
- -
107,180
LT Borrowings
335,611
- -
323,804
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
611
- -
611
Market Capitalization
667,601
709,613
633,623

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
248,285
- -
235,563
Cash, Cash Equivalents & STI
73,064
- -
58,550
Accounts Receivable, Net
59,650
- -
45,338
Inventories
107,630
- -
122,739
Total Current Liabilities
274,834
- -
244,923
Payables & Accruals
- -
- -
- -
ST Debt
99,741
- -
107,180
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.73%
5.31%
7.1%
Free Cash Flow
-128.86%
-50.64%
50.37%
Net Income, GAAP
-6.85%
36.84%
0.17%
Sales/Revenue/Turnover
2.61%
9.82%
9.72%
Total Cash Common Dividend
12.42%
21.11%
27.13%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
88,764
95,294
109,998
114,638
408,694
2025
- -
- -
- -
- -
452,916
2026
- -
- -
- -
- -
496,939

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.45
- -
- -
- -
47.9
2025
- -
- -
- -
- -
70.75
2026
- -
- -
- -
- -
74.16

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
8.5
2025
- -
- -
- -
- -
16.11
2026
- -
- -
- -
- -
21.43

Company Description

APIChatGPT
CEO
Satoshi Tsumura
Full Time Employees
13,079
Sector
Industrials
Industry
Conglomerates
Address
1-9-1 Sekido Tokyo TY Japan 206-8502
IPO Date
Sep 4, 2019
Website
keio.co.jp
Business
Keio Corporation operates primarily as a private railway operator in the Tokyo metropolitan area, providing comprehensive passenger transport services including railways, buses, and taxis. The company manufactures and maintains a diverse range of railway rolling stock, with series such as the 7000, 8000, 9000, and second-generation 5000 series electric multiple units that serve commuter and express routes. Beyond transportation, Keio diversifies into real estate development, renovation, management, leasing, and sales of properties, as well as parking facilities operation. It also manages retail businesses including department stores and supermarkets, and operates hotels and travel-related services mainly in the Shinjuku and Sapporo regions. Additionally, Keio engages in building maintenance, construction, and public works activities. Founded in 1948 and headquartered in Tokyo, Japan, Keio is the central firm of the broader Keio Group, representing an integrated lifestyle service provider in the Kanto region. In the last 1-2 years, Keio Corporation has demonstrated a strategic focus on business expansion and financial strengthening. It executed a significant equity buyback of approximately 5.6 million shares totaling around ¥15 billion to enhance shareholder value. The company revised its earnings forecasts and dividends upward in 2024, reflecting stronger-than-expected profits and robust financial performance, including a 16.4% rise in operating revenues for the six months ending September 2024 and a 46% surge in profit attributable to owners. Keio is actively implementing a new integrated management plan emphasizing transformation beyond its traditional railway business by developing lineside areas through large-scale real estate projects and system reforms. This plan includes ongoing investments aimed at revitalizing multiple lineside districts and preparing for future urban development, such as the large-scale Shinagawa project, signaling a strategic pivot towards a more diversified urban lifestyle business model. Keio Corporation's core operating segments are Transportation, Real Estate, Leisure, Merchandise Sales, and Other Businesses. The company targets urban commuters and residents in the Tokyo area and surrounding suburbs, providing dependable infrastructure and lifestyle-enhancing amenities. The company holds a commanding market presence in the Kanto region, balancing traditional transit operations with real estate and retail, supported by recent operational enhancements and capital allocation strategies focused on sustainable growth and broadening its business portfolio. Keio’s focus on integrated urban development reflects a long-term vision to enhance value for both customers and shareholders in a continually evolving metropolitan environment.