LA Holdings Co Ltd

LA Holdings maintains a capital structure characterized by significant leverage, with a debt-to-equity ratio of 2.19 and long-term debt of 65.6 billion JPY against total equity of 29.9 billion JPY. Despite this leverage, the company holds a current ratio of 2.58, indicating adequate short-term liquidity to cover immediate obligations. The balance sheet shows total assets of 101.9 billion JPY and cash and equivalents of 23.1 billion JPY. However, the company reports negative net cash after subtracting total debt, and operating cash flow is negative at -11.4 billion JPY, while free cash flow remains positive at 0.8 billion JPY.

Profitability metrics indicate strong returns on capital, with a return on equity of 20.22% and a return on assets of 5.94%. The company generated net income of 6.1 billion JPY on revenue of 46.5 billion JPY, resulting in an operating income of 10.0 billion JPY. Valuation multiples reflect this profitability, with a price-to-earnings ratio of 10.25 and an EV/EBITDA of 10.43. The price-to-book ratio stands at 2.07, suggesting the market values the company's equity at a premium to its book value.

Revenue concentration and geographic exposure details are not explicitly provided in the available segment or geography data. The company's primary activity is identified as Real Estate Management & Development, but specific breakdowns of revenue by segment or region are absent from the current dataset.

Growth trajectory analysis is limited due to the absence of historical period data in the input. The latest financial snapshot shows revenue of 46.5 billion JPY and net income of 6.1 billion JPY, but without multi-year historical trends, the direction and sustainability of growth cannot be quantitatively assessed from the provided data.

Risk assessment highlights medium liquidity risk and medium dilution risk. Key flags indicate that net cash is negative after subtracting total debt, and source documents mention dilution or offering risk. The negative operating cash flow of -11.4 billion JPY presents a concern for ongoing liquidity, although the positive free cash flow and strong current ratio provide some buffer.

Recent news observations link the company to external events involving Coca-Cola's planned IPO of its Indian bottling partner, with JPMorgan and Citigroup selected as lead bankers. This relationship is noted with high confidence (0.95) but appears to be an external market event rather than a direct operational filing for LA Holdings. No specific filing or transcript observations are present in the data.

There are no material changes, watcher signals, or cross-source signals to report for LA Holdings Co Ltd (2986.T) based on the provided facts. The data indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying recent shifts in performance or sentiment. The COMPANY_360 profile shows zero counts for officers, analysts, index memberships, and top holders. This absence of data points suggests a lack of current coverage or disclosed structural information within the provided dataset. Cross-source signals for the period from June 26, 2026, to July 16, 2026, show zero dispatches per day with null sentiment values. This indicates no recorded news activity or sentiment tracking during this timeframe. Consequently, no significant developments or implications can be synthesized for LA Holdings Co Ltd at this time. The available citations [2986.t-ha-financials, 2986.t-ha-estimates] do not provide specific events, numbers, or ratings to support further analysis.

Revenue grew at a 33.4% CAGR over four years, reaching 46.5 billion JPY in fiscal 2026.

Net income surged 30.2% year-over-year to 6.1 billion JPY in fiscal 2026, demonstrating strong profitability growth.

Operating income increased 29.6% year-over-year to nearly 10 billion JPY, indicating robust core business expansion.

Gross profit expanded significantly to 13.4 billion JPY in fiscal 2026, supporting improved top-line efficiency.

Debt-to-equity ratio of 3.01 places the company in the bottom quartile of its real estate cohort.

The company faces high credit risk, posing significant potential challenges for debt servicing and financial stability.

Revenue ¥8.10B, −2,8% YoY; Operating income +6,1% YoY.

• ▍Revenue ¥8.10B, −2,8% YoY
• ▍Operating income +6,1% YoY
• ▍Net income −11,9% YoY
• ▍Net margin 7.3%

Revenue ¥15.73B, +21,1% YoY; Operating income +64,0% YoY.

• ▍Revenue ¥15.73B, +21,1% YoY
• ▍Operating income +64,0% YoY
• ▍Net income +71,7% YoY
• ▍Net margin 18.8%

Revenue ¥13.43B, −24,2% YoY; Operating income −54,0% YoY.

• ▍Revenue ¥13.43B, −24,2% YoY
• ▍Operating income −54,0% YoY
• ▍Net income −63,2% YoY
• ▍Net margin 6.0%

Revenue ¥9.04B, +47,9% YoY; Operating income +302,9% YoY.

• ▍Revenue ¥9.04B, +47,9% YoY
• ▍Operating income +302,9% YoY
• ▍Net income +439,4% YoY
• ▍Net margin 18.8%

Revenue ¥8.34B; Operating income ¥1.18B.

• ▍Revenue ¥8.34B
• ▍Operating income ¥1.18B
• ▍Net margin 8.1%

Revenue ¥12.99B; Operating income ¥2.67B.

• ▍Revenue ¥12.99B
• ▍Operating income ¥2.67B
• ▍Net margin 13.2%

Revenue ¥17.73B; Operating income ¥3.43B.

• ▍Revenue ¥17.73B
• ▍Operating income ¥3.43B
• ▍Net margin 12.4%

Revenue ¥6.11B; Operating income ¥699.1M.

• ▍Revenue ¥6.11B
• ▍Operating income ¥699.1M
• ▍Net margin 5.2%

Revenue ¥46.54B, +4,1% YoY; Operating income +29,6% YoY.

• ▍Revenue ¥46.54B, +4,1% YoY
• ▍Operating income +29,6% YoY
• ▍Net income +30,2% YoY
• ▍Free cash flow −71,5% YoY
• ▍Net margin 13.2%

Revenue ¥44.71B, +41,9% YoY; Operating income +40,0% YoY.

• ▍Revenue ¥44.71B, +41,9% YoY
• ▍Operating income +40,0% YoY
• ▍Net income +43,1% YoY
• ▍Free cash flow +121,7% YoY
• ▍Net margin 10.5%

Revenue ¥31.50B, +72,6% YoY; Operating income +9,1% YoY.

• ▍Revenue ¥31.50B, +72,6% YoY
• ▍Operating income +9,1% YoY
• ▍Net income −2,6% YoY
• ▍Free cash flow +10,0% YoY
• ▍Net margin 10.5%

Revenue ¥18.25B, +24,4% YoY; Operating income +56,6% YoY.

• ▍Revenue ¥18.25B, +24,4% YoY
• ▍Operating income +56,6% YoY
• ▍Net income +72,6% YoY
• ▍Free cash flow +107,7% YoY
• ▍Net margin 18.5%