Added to YB: 2025-12-30
Pitch date: 2025-12-30
9145.T [bullish]
Being Holdings Co., Ltd.
-39.12%
current return
Author Info
No bio for this author
Company Info
Being Holdings Co., Ltd., together with its subsidiaries, operates as a logistics and transportation company in Japan.
Market Cap
JPY 13.3B
Pitch Price
JPY 862.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.42
P/E
10.75
EV/Sales
0.44
Sector
Air Freight and Logistics
Category
growth
Built. Different.
9145.T (new position): 3PL w/ 'logistics without transport' model consolidates multi-customer warehouses into SCM centers, cutting redundant transport/inventory. Proprietary JOBS IT system drives industry-leading cost control & productivity tracking. 13% rev CAGR (7yr), 33% EBIT CAGR, margin expansion every year, 20%+ ROE, 119% cash conversion. 96% customer retention (72% >10yr). Opening 12 new bases in '25 vs 1 in '24; expect ¥3B+ '26 EBIT on ~14% rev growth. Trading 8-9x NTM EV/EBIT, 9-10x P/E. Risk: 35% rev from Aoki (3549.T).
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