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3465.T — Tokyo Stock Exchange Household Durables

3465.T

¥3 815,00
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Mcap
118,4B JPY
P/E
7,3x
EV / Rev
0,7x
Div yield
3,27 %
Op margin
6,8 %
ROE
20,9 %
Net margin
3,9 %
Debt / equity
3,05
Beta
—
52w range
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Volume
—
Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

3465.T operates in the Consumer Discretionary sector, specifically within the Household Durables industry, generating revenue through the sale of consumer goods.

Business. 3465.T operates in the Consumer Discretionary sector, specifically within the Household Durables industry, generating revenue through the sale of consumer goods.

Classification85 %
SectorConsumer Discretionary
Industry groupHousehold Durables
Generated · model-assisted
Sell-side consensus
BUY2 analysts
2 buy0 hold0 sell
Avg 12m price target4 195,00

Analyst recommendations

2 analysts · consensus Buy
Buy2
Hold0
Sell0
12-month price target
4 195,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation→
7,3x
P/E
Analysts→
Buy
2 analysts · indicative
Ownership
—
not yet wired
Profitability→
20,9 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3465.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3465.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    3465.T operates in the Consumer Discretionary sector, specifically within the Household Durables industry, generating revenue through the sale of consumer goods.

    Classification85 %
    SectorConsumer Discretionary
    Industry groupHousehold Durables
    AI synthesis
    GENERATED

    The company maintains a highly leveraged capital structure, with long-term debt of JPY 223.4 billion significantly exceeding total equity of JPY 73.3 billion, resulting in a debt-to-equity ratio of 3.05. Despite this leverage, liquidity appears manageable with a current ratio of 1.73 and cash and equivalents of JPY 76.0 billion, though net cash is negative after accounting for total debt. The market capitalization stands at JPY 112.4 billion, implying a valuation that reflects the company's debt burden.

    Profitability metrics indicate strong returns on equity at 20.94%, while return on assets is 4.32%. The company generated a net income of JPY 15.4 billion on revenue of JPY 393.9 billion, yielding a net margin of approximately 3.9%. Operating income was JPY 26.9 billion, suggesting operational efficiency despite the high debt load. The price-to-earnings ratio of 7.32 and price-to-book of 1.53 suggest the stock is trading at a discount relative to book value and earnings, potentially reflecting concerns over leverage or growth prospects.

    Revenue concentration and segment details are not explicitly provided in the available data, limiting the ability to assess specific business unit performance or geographic exposure. The classification as Household Durables suggests exposure to consumer spending cycles, but specific product mix or regional breakdowns are absent from the current snapshot.

    Growth trajectory analysis is constrained by the absence of historical period data in the provided input. Without multi-year revenue or net income trends, it is not possible to determine the company's growth momentum or cyclicality from the current dataset.

    Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, which is a critical consideration for financial flexibility. The high debt-to-equity ratio of 3.05 amplifies financial risk, particularly in rising interest rate environments or during economic downturns that could impact cash flow generation.

    Recent observations include analyst estimates with a mean price target of JPY 4,195.00 and a mean recommendation of 2.00, indicating a buy rating. There are two buy ratings and no strong buy or hold ratings among the analysts covering the stock. News events indicate a reconciler enqueue process related to name-poison root-fix re-analysis, which is an internal data processing event rather than a fundamental business development.

    Key takeaways
    • High leverage with a debt-to-equity ratio of 3.05 poses significant financial risk.
    • Strong return on equity of 20.94% demonstrates efficient use of shareholder capital.
    • Negative net cash position after debt subtraction limits financial flexibility.
    • Analyst consensus suggests upside potential with a mean price target of JPY 4,195.00.
    • Low dilution risk indicates stable share count for existing shareholders.
    • Absence of historical growth data limits trend analysis.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-05-14
    Q1 2026 · Quarter highlights

    Revenue ¥117.03B, +6,7% YoY; Operating income +37,7% YoY.

    Revenue¥117.03B+6,7 % YoY
    Operating income¥8.02B+37,7 % YoY
    Net income¥4.67B+55,6 % YoY
    Free cash flow—
    EPS—
    Operating cash flow-¥27.48B−4 276,0 % YoY
    Financials
    Income statement
    Revenue¥117.03B
    Gross profit¥16.46B
    Operating income¥8.02B
    Net income¥4.67B
    Margins
    Gross margin14.1%
    Operating margin6.9%
    Net margin4.0%
    FCF margin—
    Balance sheet
    Total assets¥355.62B
    Total liabilities¥282.29B
    Total equity¥73.33B
    Cash & equivalents¥76.03B
    Long-term debt¥223.40B
    Cash flow
    Operating cash flow-¥27.48B
    CapEx-¥443.0M
    Free cash flow—
    SBC—
    P&L flow · revenue → net income
    Revenue ¥117.03BOperating costs ¥109.01BTax ¥3.35BNet income ¥4.67B
    Highlights
    • ▍Revenue ¥117.03B, +6,7% YoY
    • ▍Operating income +37,7% YoY
    • ▍Net income +55,6% YoY
    • ▍Net margin 4.0%

    Valuation TTM

    Market price
    ¥3 815,00
    Market cap
    ¥112.39B
    Enterprise valueⓘ
    ¥259.76B
    P/Eⓘ
    7.3x
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    0.7x
    EV / Op incomeⓘ
    9.7x
    EV / OCFⓘ
    —
    P / Bⓘ
    1.5x
    P / Tangible bookⓘ
    1.5x
    Tangible book
    ¥73.33B
    Net cashⓘ
    -¥147.37B
    Current ratioⓘ
    1.7
    Debt / equityⓘ
    3.0
    ROAⓘ
    4.3%
    ROEⓘ
    20.9%
    Cash conversionⓘ
    -179.0%
    CapEx / revenueⓘ
    -0.1%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 56 %
    EPS
    Consensus EPS
    589,40
    Predicted surprise
    -0,08
    Beat probability
    57 %
    Analysts
    2
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    revision ratio 0,23 · as of 2026-07-28 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate589,40
    Revenue—no estimate—no estimate457,4B JPY
    Operating income—no estimate—no estimate—no estimate
    Full-year consensus mean (period as reported by source) · consensus in JPY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution2 analysts
    Strong buy0
    Buy2
    Hold0
    Sell0
    Strong sell0
    12-month price target¥4 195,00 · Median ¥4 195,00
    Low ¥3 990,00High ¥4 400,00
    EPS surprise
    −16,0 %
    reported vs consensus · miss
    Revenue surprise
    −13,9 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥3 990,00
    Mean¥4 195,00
    Median¥4 195,00
    High¥4 400,00
    Spot¥3 815,00
    +10.0 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin6,8 %Above median
    Net Margin3,9 %Above median
    ROE20,9 %Best in class
    Capex / Rev-0,1 %Above median
    D/E3,05Bottom quartile
    Cash Conv-1,79Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Ev To Revenue
      enterprise_value / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Ki-Star Real Estate Co Ltd Market data — financials · 2026-07-28
    • reconciler_enqueue (reconciler) on 3465.T · 2026-07-28
    • Ki-Star Real Estate Co Ltd Market data — analyst estimates · 2026-07-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3465.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    PredictorBeat prob57 %Surprise-0,08Full forecast →
    What changed

    no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)

    • Narrative— → —medium
    • Business summary— → —medium
    • Conclusion— → —medium
    • Key takeaways— → —medium
    vs prior analysis 62 days ago
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-05-14 12:32 UTCEARNINGSQuarterly results — Q1 2026 Revenue JPY 117.03B · Net JPY 4.67B
    2026-05-14 12:32 UTCEARNINGSAnnual results — FY 2026 Revenue JPY 393.90B · Net JPY 15.36B
    2026-02-12 08:59 UTCEARNINGSQuarterly results — Q4 2025 Revenue JPY 95.68B · Net JPY 4.34B
    2025-11-13 08:12 UTCEARNINGSQuarterly results — Q3 2025 Revenue JPY 96.62B · Net JPY 3.94B
    2025-08-12 12:00 UTCEARNINGSQuarterly results — Q2 2025 Revenue JPY 84.57B · Net JPY 2.40B
    2025-05-15 12:00 UTCEARNINGSQuarterly results — Q1 2025 Revenue JPY 109.72B · Net JPY 3.00B
    2025-05-15 12:00 UTCEARNINGSAnnual results — FY 2025 Revenue JPY 342.55B · Net JPY 8.86B
    2025-02-10 12:00 UTCEARNINGSQuarterly results — Q4 2024 Revenue JPY 81.90B · Net JPY 2.21B
    2024-11-11 12:00 UTCEARNINGSQuarterly results — Q3 2024 Revenue JPY 83.37B · Net JPY 2.36B
    2024-08-09 11:30 UTCEARNINGSQuarterly results — Q2 2024 Revenue JPY 67.57B · Net JPY 1.29B
    2024-05-13 11:30 UTCEARNINGSAnnual results — FY 2024 Revenue JPY 283.08B · Net JPY 6.86B
    2023-05-12 11:30 UTCEARNINGSAnnual results — FY 2023 Revenue JPY 241.88B · Net JPY 11.85B
    2022-05-13 11:30 UTCEARNINGSAnnual results — FY 2022 Revenue JPY 184.39B · Net JPY 14.75B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage