Ichiken Co., Ltd.

Ichiken Co., Ltd.

TTSE:1847
3,370.00
JPY
-15.00
(-0.44%)
36.67BMarket Cap
Nov 12Next Earn
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
4,347.92
4,710.41
4,961.7
5,623.45
5,660.94
6,475.98
5,964.77
6,108.56
5,772.81
6,067.11
6,638.17
6,819.52
7,313.91
- -
Basic EPS, GAAP
51.47
72.54
159.75
210.32
245.34
217.9
200.98
217.88
205.69
117.68
202.37
322.31
441.41
- -
Free Cash Flow per Basic Share
-130.46
48.54
27.51
101.16
836.23
-643.01
-124.31
16.27
44.79
84.54
123.78
552.94
-266.31
- -
Dividend per Share
12.4
12.45
17.21
19.94
22.43
39.83
39.85
44.8
44.86
69.73
52.28
57.31
77.29
- -
Book Value per Share
570.74
635.81
762.52
956.8
1,191.44
1,366.16
1,507.97
1,696.77
1,846.03
1,896.02
2,071.72
2,346.57
2,756.71
- -
Tangible Book Value per Share
567.81
633.17
754.45
944.52
1,177.36
1,351.39
1,497.22
1,690.43
1,837.28
1,888.51
2,063.11
2,259.37
2,680.11
- -
Basic Weighted Avg Shares
14
14
14
14
14
14
15
15
15
15
15
15
15
15
Sales/Revenue/Turnover
62,424
67,730
71,778
81,495
82,027
93,824
86,513
88,623
83,775
88,058
96,373
98,999
106,176
- -
Operating Margin (%)
2.14
3.9
6.07
5.36
6.02
4.93
4.99
5.38
5.59
3.04
4.26
6.9
8.51
- -
Depreciation Expense
113
107
100
119
120
131
161
219
200
157
165
283
381
- -
Net Income, GAAP
739
1,043
2,311
3,048
3,555
3,157
2,915
3,161
2,985
1,708
2,938
4,679
6,408
- -
Effective Tax Rate (%)
35.99
46.49
32.01
30.29
27.12
30.92
31.23
31.93
29.19
33.9
27.54
32.3
29.65
- -
Profit Margin (%)
1.18
1.54
3.22
3.74
4.33
3.36
3.37
3.57
3.56
1.94
3.05
4.73
6.04
- -
Working Capital
6,416
7,948
10,557
12,994
16,479
18,199
17,938
21,436
23,711
24,112
29,872
34,920
39,524
- -
LT Debt
1,882
2,075
2,079
1,891
1,860
1,921
3,878
4,534
4,364
4,173
2,038
4,756
4,193
- -
Total Equity
8,194
9,145
11,052
13,866
17,264
19,795
21,879
24,617
26,796
27,528
30,078
34,067
40,019
- -
Return on Invested Capital (%)
3.23
5.58
10.15
13.29
17.45
13.58
11.41
10.59
9.97
5.21
8.49
11.37
13.7
- -
Return on Capital (%)
3.91
4.85
9.42
14.3
18.91
14.55
11.53
10.96
9.6
5.33
8.69
12.41
14.91
- -
Return on Common Equity (%)
9.37
12.03
22.88
24.46
22.84
17.04
13.99
13.6
11.61
6.29
10.2
14.59
17.3
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
2,303
1,939
- -
LT Borrowings
4,005
4,150
- -
LT Finance Leases
- -
43
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
26,930
36,670
38,092

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
62,599
68,376
- -
Cash, Cash Equivalents & STI
17,725
14,675
- -
Accounts Receivable, Net
30,371
37,463
- -
Inventories
8,460
8,620
- -
Total Current Liabilities
26,454
28,852
- -
Payables & Accruals
- -
- -
- -
ST Debt
2,303
1,939
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.92%
10.31%
17.47%
Free Cash Flow
113.34%
101.83%
-148.16%
Net Income, GAAP
15.8%
23.97%
36.95%
Sales/Revenue/Turnover
4.23%
3.81%
7.25%
Total Cash Common Dividend
19.38%
15.02%
34.86%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
98,999
2026
- -
- -
- -
- -
106,176
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
322.31
2026
- -
- -
- -
- -
441.41
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
57.31
2026
- -
- -
- -
- -
77.29
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hiroaki Masakiyo
Full Time Employees
722
Sector
Industrial services
Industry
Engineering & construction
Address
Shinagawa Intercity Tower A Tokyo TY Japan 108-6015
IPO Date
Jun 1, 1963
Business
Ichiken Co., Ltd. (1847.T) operates as a general construction company primarily engaged in building commercial facilities, residential housing, offices, factories and warehouses, medical and welfare facilities, and civil engineering works; it also conducts real estate activities including sales, leasing, and development of housing and commercial properties, as well as planning, design, and management of complex commercial facilities and specialty stores. The company provides one-stop solutions encompassing design, supervision, construction, and after-sales maintenance, with a focus on commercial-facility construction expertise supporting urban development projects such as supermarkets, lodging facilities like APA Hotels, and logistics centers featuring BIM design and ZEB Ready standards. Founded in 1930 and headquartered at Shinagawa Intercity Tower A in Minato-ku, Tokyo, Ichiken employs around 697 people including group companies and maintains branches across Japan, with overseas operations through ICHIKEN Vietnam Construction Co., Ltd. In its construction segment, Ichiken delivers new construction, interior design, and renovations for retail stores, amusement facilities, condominiums, and institutional buildings like hospitals and hotels, serving private sector clients including major operators and public works; the real estate segment contributes stable rental income from owned properties. Geographically, operations span Japan with key projects in regions like Saitama, Hokkaido, Hyogo, and Hiroshima, alongside Vietnam initiatives for project management and human resource development. Recent developments include the acquisition of Kataoka Kogyo Co., Ltd. as a wholly owned consolidated subsidiary effective July 1, 2024, adding civil engineering strengths in public works such as river improvements, sludge propulsion, and infrastructure restoration to support Vision 2030 growth targets; this transition prompted consolidated reporting and upward revisions to FYE March 2025 forecasts, projecting net sales of 98 billion yen and operating profit of 4.75 billion yen. The company advanced overseas expansion in Vietnam via IKVC for full-scale operations and IT/construction DX initiatives, while boosting orders for lodging and logistics amid e-commerce demand, achieving first-half FYE March 2025 orders of 52.1 billion yen. Dividend forecasts rose to 130 yen per share, including a commemorative dividend, reflecting profit growth.