1. Japan Stocks

  2. •

    Finance

  3. •

    Real estate development
JSB Co. Ltd.

JSB Co. Ltd.

TTSE:3480
8,940.00
JPY
-30.00
(-0.33%)
108.53BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,833.97
2,117.12
2,205.87
2,165.51
2,237.4
2,514.92
2,696.69
2,756.25
3,037.4
3,309.66
3,608.06
- -
Basic EPS, GAAP
46.43
73.79
93.9
115.6
121.01
144.53
166.18
204.8
227.41
354.76
244.4
- -
Free Cash Flow per Basic Share
46.5
-58.38
30.63
-14.77
-28.24
10.13
-103.13
-60.92
-220.52
-53.06
-181.53
- -
Dividend per Share
7.33
8.15
7.91
9.09
9.86
13.8
16.69
17.5
21.96
31.58
72.38
- -
Book Value per Share
310.76
370.92
524.27
671.02
771.35
895.14
1,102.63
1,277.33
1,479.63
1,796.71
1,976.16
2,187.39
Tangible Book Value per Share
303.29
363.76
508.61
634.88
720.25
833.61
1,060.44
1,240.62
1,450.52
1,753.08
1,932.96
2,147.11
Basic Weighted Avg Shares
17
16
17
18
19
19
20
21
21
21
21
21
Sales/Revenue/Turnover
32,059
34,064
36,428
38,940
42,668
48,058
52,788
57,923
63,781
69,530
76,046
- -
Operating Margin (%)
4.71
6.43
7.6
7.6
8.03
9.03
10.11
10.9
11.27
11.66
10.07
- -
Depreciation Expense
609
610
622
641
777
934
1,118
1,266
1,511
1,756
1,989
- -
Net Income, GAAP
812
1,187
1,551
2,079
2,308
2,762
3,253
4,304
4,775
7,453
5,151
- -
Effective Tax Rate (%)
40.2
39.23
40.46
32.41
30.88
33.8
35.74
33.58
32.87
32.19
31.42
- -
Profit Margin (%)
2.53
3.49
4.26
5.34
5.41
5.75
6.16
7.43
7.49
10.72
6.77
- -
Working Capital
841
430
1,786
2,834
3,075
2,480
5,126
6,138
2,010
5,993
4,580
7,168
LT Debt
6,895
7,937
8,564
8,271
10,119
11,776
14,873
18,415
20,126
24,692
28,312
30,291
Total Equity
5,432
6,484
9,267
12,621
14,793
17,236
23,200
26,803
31,043
37,897
41,629
46,095
Return on Invested Capital (%)
- -
8.61
9.08
9.52
9.73
10.03
9.64
9.53
9.44
9.08
7.55
- -
Return on Capital (%)
- -
8.45
9.27
10.59
10.02
10.21
9.69
10.29
9.8
12.93
7.9
- -
Return on Common Equity (%)
- -
19.93
19.69
18.99
16.84
17.26
16.11
17.23
16.52
21.63
12.95
- -

Capital Structure

JPY

•

in mil. unless spec.
Jan'24
Apr'24
Apr'26
ST Debt
2,021
1,272
1,621
LT Borrowings
19,858
23,302
30,291
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
55,647
61,600
108,526

Working Capital

JPY

•

in mil. unless spec.
Jan'24
Apr'24
Apr'26
Total Current Assets
17,116
21,824
25,998
Cash, Cash Equivalents & STI
15,035
18,731
22,334
Accounts Receivable, Net
666
1,298
1,635
Inventories
245
226
281
Total Current Liabilities
16,622
16,124
18,830
Payables & Accruals
- -
- -
- -
ST Debt
2,021
1,272
1,621
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.01%
19.58%
9.85%
Free Cash Flow
-130.57%
-150.13%
243.22%
Net Income, GAAP
22.79%
17.25%
-30.88%
Sales/Revenue/Turnover
9.04%
9.61%
9.37%
Total Cash Common Dividend
31.8%
47.13%
129.95%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,776
24,684
- -
- -
69,530
2025
- -
- -
- -
- -
76,046
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
85.14
238.79
- -
- -
354.76
2025
- -
- -
- -
- -
244.4
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
31.58
2025
- -
- -
- -
- -
72.38
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Takahiro Mori
Full Time Employees
1,254
Sector
Finance
Industry
Real estate development
Address
655, Inabado-cho Kyoto KYT Japan 600-8415
IPO Date
Jul 20, 2017
Website
jsb.co.jp
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Business
J.S.B. Co., Ltd. engages in the planning, development, brokerage, management, and maintenance of condominiums and specialized rental properties primarily in Japan, with a focus on student apartments, halls, dormitories, and elderly housing; it also provides property management, real estate brokerage, land development consulting, facility maintenance for universities, electrical and fire equipment management, building operations, Japanese language schools, cafeteria services, security product development, furniture and appliance rentals, cleaning and repair services, human resource support including employment seminars and AI platforms, services for international students, career education, rent guarantee services, non-life insurance agency, housing information publications such as Student Boarding House Yearbook and Smile Age, and internet-related information and equipment services. Founded in 1976 and headquartered in Kyoto, Japan, the company operates mainly in the real estate rental management segment targeting university and vocational school students as well as elderly residents, with nationwide property operations. Recent initiatives include the launch of UniLife-net Light Premium offering up to 10Gbps internet in student apartments in October 2025, partnerships with universities such as Asia University for cultural exchange events like Ajifest in November 2025 and Musashino University for entrepreneurship programs including farm tours, the ninth Student Dormitory Yearbook cover design contest with real-world adoption of the winning entry, collaborations with Keikyu Corporation for new student rental developments like Prime Grain Yokohama, and youth growth programs such as UniLife domestic study exchanges and contests with local businesses.