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Railway and transportation conglomerate operating trains, buses, hotels and real estate in the Osaka/Nara region.
Railway and transportation conglomerate operating trains, buses, hotels and real estate in the Osaka/Nara region.
Rail fares in the Kansai region are the base, but a large international logistics arm, Kintetsu World Express, adds earnings that follow global freight rather than local commuting. Real estate rents and hotels add recurring income, with tourism to Osaka and Nara a swing factor.
In one line: A Japanese diversified rail conglomerate, like a smaller regional Union Pacific plus real .
Moat: narrow (regulatory licence, installed base, scale). Regulated rail monopoly along its routes plus valuable real estate along those lines.
Headquarters: Osaka, Japan · Founded: 1910 · Employees: 44,759
Size Kintetsu (9041.T) is a Japan Industrials company (Other Transportation) with a market value of $4.23B, the 276th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,503 on 6 Nov 2026.
Performance Over six months the shares gained 5.1%, against -3.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +5.6%); the operating margin is 5.1% (peer median 18.7%).
Valuation It trades at 13.5× forward earnings against a peer median of 15.5× (8th cheapest of 19).
Capital Return on invested capital runs 1.6 points below its cost of capital (5.0% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥1.78T | ¥1.75T | ¥1.74T | ¥1.63T | ¥1.56T |
| Revenue growth | — | 0% | +7% | +4% | — |
| Gross profit | ¥333B | ¥330B | ¥321B | ¥313B | ¥255B |
| EBITDA | ¥180B | ¥173B | ¥166B | ¥163B | ¥132B |
| Net income | ¥54.8B | ¥53.8B | ¥46.7B | ¥47.8B | ¥88.8B |
| Free cash flow | n/a | -¥33.8B | ¥3.36B | ¥93.8B | ¥101B |
| Capital expenditure | n/a | ¥152B | ¥86.4B | ¥56.8B | ¥32.5B |
| Total debt | ¥1.29T | ¥1.33T | ¥1.33T | ¥1.32T | ¥1.36T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Kintetsu 9041.T | $4.23B | +5% | +2% | 5% | 13.5× | n/a |
| NANKAI 9044.T | $2.03B | 0% | +7% | 15% | 13.1× | n/a |
| Keihan 9045.T | $2.15B | +3% | +10% | 15% | 11.5× | n/a |
| Hankyu Hanshin 9042.T | $7.03B | +3% | +6% | 10% | 13.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 9041.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.6% | +1.6% | 10th highest of 21 |
| 6-month return | +5.1% | -3.0% | 7th highest of 21 |
| Distance from 52-week high | -6.0% | -17.5% | 5th highest of 21 |
| Revenue growth (TTM) | +1.9% | +5.6% | 7th lowest of 21 |
| Operating margin | 5.1% | 18.7% | 3rd lowest of 21 |
| Forward P/E | 13.5× | 15.5× | 8th cheapest of 19 |
| ROIC minus cost of capital | -1.6 pp | +0.5 pp | 6th lowest of 21 |
| EV / EBITDA | 10.1× | 10.2× | 4th cheapest of 10 |
| Net debt / EBITDA | 6.1× | 2.8× | 4th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kintetsu 9041.T | Japan | $4.23B | +5% | +2% | 5% | 13.5× | n/a | n/a |
| Tangshan Port 601000.SS | China | $4.27B | +3% | +10% | 39% | 13.9× | -11.0% | -6.2% |
| Anhui Expressway 0995.HK | Hong Kong | $4.18B | -3% | -17% | 45% | 10.5× | -5.8% | +16.6% |
| SATS S58.SI | Singapore | $4.34B | +15% | +9% | 9% | 17.6× | -0.2% | +45.6% |
| Taiwan High Speed Rail 2633.TW | Taiwan | $4.36B | -3% | +4% | 39% | 19.2× | 0.8% | +6.9% |
| Corporacion America Airports CAAP | United States | $4.00B | -3% | +16% | 23% | 9.6× | -6.3% | +26.4% |
| Liaoning Port 2880.HK | Hong Kong | $4.53B | -26% | +1% | 21% | n/a | -9.0% | -2.0% |
| Hainan Airport Infrastructure 600515.SS | China | $4.56B | -26% | +25% | -5% | 133.0× | n/a | n/a |
| Wilh. Wilhelmsen WWI.OL | Norway | $3.87B | +23% | -4% | 10% | 8.4× | 6.2% | +11.0% |
| Atlas Arteria ALX.AX | Australia | $3.78B | -21% | +2% | -20% | 20.6× | -3.5% | +8.9% |
| Zhejiang Expressway 0576.HK | Hong Kong | $4.86B | -13% | +18% | 33% | 5.9× | n/a | n/a |
| Guangzhou Port 601228.SS | China | $3.54B | -3% | -18% | 11% | n/a | n/a | n/a |
| Japan Airport Terminal 9706.T | Japan | $3.46B | +16% | +8% | 17% | 19.2× | -2.3% | +40.7% |
| Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR OMAB | United States | $5.21B | +2% | +21% | 53% | 13.2× | -5.1% | +27.2% |
| Tokyo Metro 9023.T | Japan | $5.31B | -8% | +3% | 21% | 16.5× | 4.8% | +7.4% |
| COSCO SHIPPING Ports 1199.HK | Hong Kong | $3.32B | +18% | +12% | 14% | 8.5× | 8.7% | +10.9% |
| ENAV ENAV.MI | Italy | $3.19B | +8% | +3% | 9% | 26.9× | 13.8% | +6.0% |
| Guangzhou Baiyun International Airport 600004.SS | China | $3.18B | -6% | +9% | 11% | 25.2× | -12.5% | +8.8% |
| Beibu Gulf Port 000582.SZ | China | $3.14B | -25% | -1% | 21% | 18.6× | n/a | n/a |
| Shenzhen Expressway 600548.SS | China | $2.99B | -4% | -5% | 17% | 14.4× | 0.6% | +2.9% |
| Sichuan Expressway 601107.SS | China | $2.89B | +16% | +7% | 27% | 13.2× | n/a | n/a |