Earnings Alerts

Seibu Holdings (9024) Earnings: 2Q Operating Income Surpasses Estimates Despite Y/Y Decline

By November 13, 2025 No Comments
  • Seibu Holdings reported a 2nd quarter operating income of 12.87 billion yen, which is a decrease of 6.9% compared to the previous year. It exceeded the market estimate of 9.65 billion yen.
  • The company achieved a net income of 6.43 billion yen, representing a significant drop of 90% year-over-year, yet still above the estimate of 4.08 billion yen.
  • Net sales for the quarter reached 127.19 billion yen, marking a slight increase of 0.3% compared to the previous year and surpassing the estimate of 126.54 billion yen.
  • For the fiscal year 2026 forecast, Seibu Holdings projects an operating income of 40.00 billion yen, slightly below the estimate of 44.22 billion yen.
  • Net income for the year is anticipated to be 26.00 billion yen, underperforming the estimate of 28.46 billion yen.
  • The company forecasts net sales of 511.00 billion yen, which falls short of the projected 514.27 billion yen.
  • Seibu Holdings expects to maintain a dividend of 40.00 yen, below the 41.17 yen forecasted by analysts.
  • Market analysts have rated the company’s stock with 2 buy recommendations, 3 hold ratings, and 2 sell recommendations.

Seibu Holdings on Smartkarma

Seibu Holdings (9024 JP) has garnered positive analyst coverage on Smartkarma, an independent investment research network. Brian Freitas, in the report “Seibu Holdings (9024 JP): Big Outperformance and Global Index Inclusion,” highlights Seibu’s potential inclusion in a global index in November, attributing the stock’s recent strong performance to a large buyback and outperformance compared to peers. Rahul Jain‘s insights further support a bullish sentiment towards Seibu, citing factors such as fare hikes, tourism rebound, and real estate monetization that have positively impacted the company’s sales and profit outlook. With Seibu trading at a discount to its sum-of-the-parts value, analysts see significant upside potential.

Rahul Jain‘s research reports, including “Seibu Holdings (9024 JP) – Fare Hike, Tourism Rebound, and Deep Value” and “Seibu Holdings (TSE: 9024) – Asset-Rich Platform With Significant Upside from Monetization,” emphasize Seibu’s strong financial performance and strategic initiatives for future growth. Highlighting the company’s robust results, plans for asset monetization, and shift towards a capital-light model, analysts project a positive outlook for Seibu Holdings. With a potential for re-rating and substantial upside if monetization strategies are executed as planned, analysts remain bullish on Seibu Holdings‘ prospects.


A look at Seibu Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Seibu Holdings Inc., a company with diversified operations in transportation, construction, hotels, leisure facilities, and real estate, seems to have a positive long-term outlook based on its Smartkarma Smart Scores. While scoring moderately in value and dividend factors with a score of 2 each, Seibu shines in growth with a perfect score of 5. This high growth score indicates a promising future for the company’s expansion and development.

Additionally, Seibu Holdings demonstrates resilience and momentum with scores of 3 in both categories. This resilience suggests the company’s ability to weather economic challenges, while momentum indicates a positive trend in its stock performance. With strong growth prospects and solid resilience and momentum, Seibu Holdings appears well-positioned for long-term success in its various business sectors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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