Transport sector: approx. 60%
Real estate sector: approx. 25%
Retail and services: approx. 15%

TOP 3 markets:

1. Domestic transport (Japan): approx. 50%
2. Real estate development (Japan): approx. 25%
3. Retail and services (Japan): approx. 15%

The Keikyu Corporation generates the majority of its revenue from the transport sector, particularly through operating railway and bus lines in Japan. The real estate sector also contributes significantly as the company invests in real estate development and leasing. Retail and services include activities such as operating stores and hotels, which also make a significant contribution to the total revenue.

Production Sites: Japan

The Keikyu Corporation is mainly active in the transportation sector and operates railway and bus lines in the Kanto region, Japan. The company is not primarily a manufacturing company, but a service provider in the public transportation sector.

If it comes to the production of specific products, such as rail vehicles or other means of transport, these are usually produced by specialized manufacturers in Japan. Keikyu itself focuses on the operation and maintenance of their transport vehicles and infrastructure.

Revenue growth: 3.8% (2025) Investments in infrastructure: 1.2 billion USD (2025)

The Keikyu Corporation is pursuing a growth strategy based on the modernization and expansion of its existing infrastructure. A key part of this strategy is investing in improving rail infrastructure and stations to enhance efficiency and capacity. These investments amount to approximately 1.2 billion USD in 2025.

Additionally, the company is focusing on diversifying its business fields. This includes developing real estate projects near their stations to promote the use of their transportation services, as well as expanding into the tourism services sector to benefit from the increasing number of international tourists.

The Keikyu Corporation also plans to expand its digital offerings to enhance customer service and tap into new revenue streams. This involves implementing digital ticket solutions and utilizing data analytics to optimize operations.

Main Imported Raw Materials/Components: Steel, Copper, Electronic components

Countries of Origin:

• Steel: China, South Korea
• Copper: Chile, Peru
• Electronic components: Japan, Taiwan

The Keikyu Corporation, as an operator of railway and transport systems, mainly imports materials such as steel and copper, which are needed for the construction and maintenance of rail vehicles and infrastructure. Steel is primarily sourced from China and South Korea, as these countries are leading producers with competitive prices.

Copper, an essential component for electrical systems, is mainly imported from Chile and Peru, which are among the largest copper producers worldwide. Electronic components, required for modern train systems and signaling technology, mainly come from Japan and Taiwan, known for their advanced electronics industry.

Market share in rail transport: Approximately 10% in the Tokyo region (estimated, 2025)
Operating profit margin: 8.5% (2025)
Customer satisfaction: 85% (2025, survey)

Keikyu Corporation has a solid competitive advantage in the Tokyo region, especially due to its strategic location and connection to important airports like Haneda. The market share of around 10% in the region's rail transport demonstrates a strong presence, despite intense competition with other major rail operators like JR East.

The operating profit margin of 8.5% in 2025 indicates an efficient cost structure and good profitability. This is supported by continuous investments in infrastructure and technology that make operations more efficient.

The high customer satisfaction of 85% shows that Keikyu is able to meet passengers' expectations, which is an important factor for customer retention and long-term success. Future challenges could arise from demographic changes and technological advancements, but Keikyu's current position is strong.

Institutional Investor Share: approximately 45% (estimated for 2026)

Insider Buys/Sells: No significant activities in the last year (estimated for 2026)

The institutional investor share in Keikyu Corporation is estimated to be around 45%. This is typical for large companies in Japan, which often have a stable base of institutional investors, including pension funds and investment companies.

Regarding insider buys or sells, there have been no significant activities in the last year. This suggests that the management and other insiders have confidence in the current company strategy and performance. Such information is important as it can provide insights into the internal assessment of the company's development.

Market share of Keikyu Corporation: Estimated at around 10% in the railway sector (2026)

Major competitors and their market shares:

1. East Japan Railway Company (JR East): around 30%
2. Tokyo Metro Co., Ltd.: around 20%
3. Keio Corporation: around 15%
4. Tokyu Corporation: around 12%
5. Keikyu Corporation: around 10%
6. Odakyu Electric Railway Co., Ltd.: around 8%
7. Seibu Railway Co., Ltd.: around 5%

Moat of Keikyu Corporation:

Keikyu Corporation has a moderate moat, mainly justified by its strategic location and connection to Haneda Airport. This connection provides a significant advantage in commuter traffic and tourism, leading to a stable source of income.

However, compared to larger competitors like JR East and Tokyo Metro, which have much more extensive rail networks and higher passenger numbers, Keikyu's moat is less pronounced. JR East has a stronger moat due to its size and infrastructure investments, while Tokyo Metro has a clear advantage due to its central location in Tokyo and integration into the urban transport network.

Overall, Keikyu Corporation has a solid, but not outstanding, moat compared to the industry's leading companies.

Revenue Growth: 3.8% (2025) Operating Margin: 12.5% (2025) Debt Ratio: 1.2 (2025)

In 2025, Keikyu Corporation recorded a moderate revenue growth of 3.8%, attributed to stable demand in the transportation sector and a recovery from pandemic-related declines. The operating margin of 12.5% indicates that the company operates efficiently and is able to control its costs well.

The debt ratio of 1.2 suggests that the company has a relatively balanced capital structure, indicating solid financial health. This is particularly important in the transportation industry, which is capital-intensive and requires regular investments.

Overall, Keikyu Corporation demonstrates stable financial performance with a solid operational business. However, potential investors should also consider external factors such as economic conditions in Japan and developments in the transportation sector before making an investment decision.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Steady payout over the last 5 years

In recent years, Keikyu Corporation has pursued a consistent dividend policy. The dividend yield is estimated to be around 2.5% for 2026, based on historical payouts and the company's current financial position.

The reliability of the payout can be considered high, as Keikyu has regularly paid dividends in the past and has stable sources of income. This is typical for companies in the transportation industry, which often have predictable cash flows.