Which companies are Ichinen's closest peers?

The cockpit's peer set: doValue (DOV.MI), Capital Finance (8239.HK), Nippon Care Supply (2393.T), Aye Finance (AYE.NS), GECOSS (9991.T), Atrium Mortgage Investment (AI.TO), Zedcor (ZDC.V), Better Home & Finance (BETR).

Is Ichinen expensive compared with its peers?

On price / book it trades at 0.77× against a peer median of 1.31×, 5th cheapest of 20 in its peer set. The share price implies a return on equity of about 4.8%; Ichinen delivers 17.6%, so the price asks less than the business earns today.

How has Ichinen stock performed?

Over six months to 6 Nov 2026 the shares returned +18.6% against +2.6% for the median peer; over one year +27.8%.

← CockpitCompetitor Analysis › 9619.T Ichinen Holdings Co., Ltd.Open in the cockpit ↗

Ichinen Holdings Co., Ltd.9619.TCompetitor analysis, valuation and peers

Japan · JPY·Financials›Finance/Rental/Leasing

Momentum leader 80

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$381M

US dollars, full cap

Free float

68%

of shares outstanding

$/day

$1.07M

20-day average traded

P/B

0.77×

price to book

ROE

17.6%

delivered

Implied ROE

4.8%

what the price asks

Next earnings

84 days

29 Jan 2027

Close · JPY¥2,561

1D-7.9%

1W-6.0%

1M-4.4%

3M+9.7%

6M+18.6%

YTD+20.4%

1Y+27.8%

ATR %2.6%

52w lowhigh8.5% off high

What Ichinen does

Employees: 2,067

Ichinen at a glance

Size Ichinen (9619.T) is a Japan Financials company (Finance/Rental/Leasing) with a market value of $381M, the 1214th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,561 on 6 Nov 2026.

Performance Over six months the shares gained 18.6%, against +2.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 19 in its peer set.

Growth Revenue grew 6.3% over the last twelve months (peer median +9.4%); the operating margin is 7.1% (peer median 24.4%).

Valuation It trades at 0.77× book value against a peer median of 1.31× (5th cheapest of 20).

Price implies The share price implies a return on equity of about 4.8%; Ichinen delivers 17.6%, so the price asks less than the business earns today.

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Ichinen against the median of its 20 peers (local-currency closes).

Ichinen financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥166B	¥162B	¥155B	¥138B	¥128B
Revenue growth	—	+5%	+12%	+8%	—
Gross profit	¥36.4B	¥34.1B	¥32.6B	¥28.6B	¥26.7B
EBITDA	¥31.3B	¥30.2B	¥29.1B	¥27.1B	¥26.3B
Net income	¥12.7B	¥7.65B	¥6.66B	¥12.3B	¥5.92B
Free cash flow	n/a	¥4.42B	¥1.78B	¥3.63B	¥909M
Capital expenditure	n/a	¥5.03B	¥2.23B	¥1.64B	¥1.81B
Total debt	¥134B	¥107B	¥109B	¥108B	¥96.4B

Quarterly statements and history in the cockpit →

Ichinen competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Ichinen is the large dot.

Fundamentals: return on equity against price-to-book

A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Ichinen is the large dot.

Capital: ROE delivered against the ROE the price implies

Above the diagonal = the price asks for a higher return on equity than the business earns today. Ichinen is the large dot.

Ichinen competitors and peer comparison

How Ichinen compares with its peers

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.

Ichinen against its 20 peers (data as of 6 Nov 2026)
Measure	9619.T	Peer median	Rank in peer set
1-month return	-4.4%	+0.5%	7th lowest of 21
6-month return	+18.6%	+2.6%	4th highest of 19
Return on equity	17.6%	8.7%	2nd highest of 17
Price / book	0.77×	1.31×	5th cheapest of 20
Trailing P/E	4.8×	11.5×	2nd cheapest of 12
ROE the price implies	4.8%	8.2%	2nd least demanding of 20
ROE delivered	17.6%	8.7%	2nd highest of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
Ichinen 9619.T	Japan	$381M	+19%	+6%	18%	0.77×	4.8%	17.6%
doValue DOV.MI	Italy	$381M	-16%	+9%	-15%	2.23×	27.8%	-14.8%
Capital Finance 8239.HK	Hong Kong	$380M	+111%	+31%	-76%	133.31×	990.3%	-75.7%
Nippon Care Supply 2393.T	Japan	$385M	+76%	+10%	14%	3.28×	9.9%	13.5%
Aye Finance AYE.NS	India	$385M	+4%	+22%	13%	1.33×	30.9%	13.1%
GECOSS 9991.T	Japan	$376M	+9%	+5%	9%	0.83×	6.1%	8.8%
Atrium Mortgage Investment AI.TO	Canada	$390M	-7%	-11%	9%	1.03×	8.0%	9.1%
Zedcor ZDC.V	Canada	$390M	-19%	+71%	-1%	5.69×	27.7%	-1.2%
Better Home & Finance BETR	United States	$366M	-34%	+41%	-224%	6.31×	68.0%	-224.0%
Enity ENITY.ST	Sweden	$401M	+13%	n/a	9%	0.67×	3.8%	9.2%
Waterstone Financial WSBF	United States	$357M	+6%	+5%	9%	1.02×	8.8%	8.7%
BFF Bank BFF.MI	Italy	$417M	-21%	-18%	2%	0.47×	8.2%	2.3%
Crescent Capital BDC CCAP	United States	$346M	-31%	-29%	0%	0.53×	5.6%	-0.5%
Sanghvi Movers SANGHVIMOV.NS	India	$343M	+11%	+30%	15%	2.47×	34.6%	n/a
Inflection Point Acquisition Corp. VI IPFX	United States	$343M	n/a	n/a	n/a	1.41×	7.7%	n/a
China Aircraft Leasing 1848.HK	Hong Kong	$340M	-11%	+19%	8%	0.57×	6.3%	8.4%
KRAKacquisition KRAQ	United States	$432M	+1%	n/a	n/a	1.31×	7.4%	n/a
Shandong Hi-Speed 0412.HK	Hong Kong	$334M	-65%	-15%	n/a	n/a	n/a	n/a
ASA International ASAI.L	United Kingdom	$332M	+28%	+25%	45%	1.69×	30.5%	44.9%
Idea Acquisition IACO	United States	$438M	n/a	n/a	n/a	1.28×	7.3%	n/a
Sankyo Frontier 9639.T	Japan	$331M	+6%	+4%	11%	0.97×	5.8%	11.5%

Questions

Which companies are Ichinen's closest peers?: The cockpit's peer set: doValue (DOV.MI), Capital Finance (8239.HK), Nippon Care Supply (2393.T), Aye Finance (AYE.NS), GECOSS (9991.T), Atrium Mortgage Investment (AI.TO), Zedcor (ZDC.V), Better Home & Finance (BETR).
Is Ichinen expensive compared with its peers?: On price / book it trades at 0.77× against a peer median of 1.31×, 5th cheapest of 20 in its peer set. The share price implies a return on equity of about 4.8%; Ichinen delivers 17.6%, so the price asks less than the business earns today.
How has Ichinen stock performed?: Over six months to 6 Nov 2026 the shares returned +18.6% against +2.6% for the median peer; over one year +27.8%.