ICHIKEN Co., Ltd.

1847 株式会社イチケン

Real Estate - Development · Standard · TSE: Disclosed

PRICE: ¥2,586 · MKT CAP: ¥37.5B · P/E: 5.9x · P/B: 0.94x · DIV YIELD: 2.7%

PRICE — 5Y

Characteristics & Business Summary

Ichiken Co., Ltd. engages in the construction business in Japan. The company is involved in businesses related to architecture, civil engineering, paving, interior finishing work, and other general construction works. It also operates real estate business...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	88,624	83,776	88,059	96,373	98,999	106,176	54,000
Operating Profit	4,758	4,674	2,667	4,100	6,866	9,033	4,600
Ordinary Profit	4,673	4,636	2,585	4,020	6,800	8,954	—
Net Profit	3,161	2,985	1,708	2,938	4,697	6,408	3,000
EPS	¥434	¥410	¥234	¥403	¥647	¥441	—
DPS	¥90	¥100	¥100	¥110	¥140	¥65	¥125

Balance Sheet & Valuation Highlights

Total Assets ¥74B

Net Assets (Equity) ¥40B

Equity Ratio 53.7%

ROE (Return on Equity) 16.7%

Cash & Equivalents ¥15B

Interest-Bearing Debt ¥6B

Capital Expenditure (CapEx) ¥1B

Depreciation & Amort. ¥0B

Major Shareholders

1. 株式会社マルハン 32.3%
2. 一栄会持株会 3.6%
3. Custody Bank of Japan, Ltd. (Trust Account) 2.5%
4. ＢＢＨＬＵＸ／ＢＲＯＷＮＢＲＯＴＨＥＲＳＨＡＲＲＩＭＡＮ（ＬＵＸＥＭＢＯＵＲＧ）ＳＣＡＣＵＳＴＯＤＩＡＮＦＯＲＳＭＤ－ＡＭＦＵＮＤＳ－ＤＳＢＩＪＡＰＡＮＥＱＵＩＴＹＳＭＡＬＬＣＡＰＡＢＳＯＬＵＴＥＶＡＬＵＥ（常任代理人株式会社三井住友銀行） 2.1%
5. 原久美 1.2%
6. 竹内理人 1.2%
7. Citibank, N.A. 1.1%
8. 宇藤秀樹 1.1%
9. Citibank, N.A. 1.0%
10. 住友不動産株式会社 1.0%

Activist Activity

Sumitomo Mitsui DS Asset Management Company, Limited 4.34%

2025-07-07 · change

MARUHAN Corporation 39.86%

2025-06-25 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥12,176	¥11,504	¥12,089	¥13,230	¥13,638	¥7,314	¥3,720
FCF/Share	¥34	¥100	¥170	¥254	¥1,118	¥-259	—
EPS	¥434	¥410	¥234	¥403	¥647	¥441	—
DPS	¥90	¥100	¥100	¥110	¥140	¥65	¥125
Capital Spending per share	¥40	¥4	¥5	¥4	¥4	¥37	—
Book Value per share	¥3,314	¥3,633	¥3,727	¥4,026	¥4,572	¥2,648	—
Common Shares Outstanding	7M	7M	7M	7M	7M	15M	15M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥89B	¥84B	¥88B	¥96B	¥99B	¥106B	¥54B
Operating Margin (%)	5.4%	5.6%	3.0%	4.3%	6.9%	8.5%	8.5%
Net Profit (owners)	¥3B	¥3B	¥2B	¥3B	¥5B	¥6B	¥3B
Net Profit Margin (%)	3.6%	3.6%	1.9%	3.0%	4.7%	6.0%	5.6%
Working Capital	¥15B	¥18B	¥18B	¥26B	¥28B	¥34B	—
Total Debt (Interest-bearing)	¥6B	¥6B	¥6B	¥6B	¥7B	¥6B	—
Net Worth (Common Equity)	¥24B	¥26B	¥27B	¥29B	¥33B	¥38B	—
Return on Total Assets (ROA)	5.9%	5.2%	3.1%	4.6%	6.9%	8.6%	—
Return on Common Equity (ROE)	13.1%	11.3%	6.3%	10.0%	14.2%	16.7%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.