Revenue from Transport: 45%
Revenue from Retail: 30%
Revenue from Real Estate: 15%
Revenue from other sources: 10%

TOP 3 Markets:

1. Transport Services: 45%
2. Retail Stores: 30%
3. Real Estate Development and Rental: 15%

The Keio Corporation generates the majority of its revenue from the transport sector, particularly through operating railway and bus lines. Retail, including department stores and supermarkets, represents the second largest revenue segment. Real estate activities, such as property development and rental, also contribute significantly to the revenue. This diversification enables Keio to achieve stable revenue streams from various markets.

Production Location: Japan

The Keio Corporation is primarily active in the public transportation sector, particularly in operating railway lines in the Tokyo region, Japan. Since the company mainly offers services in the transportation sector, production in the traditional sense is not the core of their business activities.

However, for the maintenance and operation of their transport vehicles, such as trains and buses, maintenance and repair work is carried out in their own facilities in Japan. These are strategically positioned along their route networks to ensure efficient service.

Revenue Growth: Estimated 3-5% annually (2026 based on historical data and market trends)

Investments in Infrastructure: Increased investments in expanding and modernizing the rail network

Diversification: Expansion of the retail and real estate business segments

Keio Corporation pursues a strategy aimed at sustainable growth and diversification. A key component of this strategy is increasing investments in infrastructure, particularly in expanding and modernizing its rail network. This is intended to enhance efficiency and capacity to meet the growing demand.

Additionally, the company is focusing on diversifying its sources of revenue. It plans to further expand its business segments in retail and real estate. This includes developing new real estate projects and enhancing existing retail spaces to generate additional revenue streams and reduce dependence on the transportation sector.

These strategic steps are intended to enable the company to grow steadily in a competitive market environment while increasing customer satisfaction.

Main Imported Raw Materials: Steel, Copper, Electronic Components

Countries of Origin:

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

The Keio Corporation, as a company in the field of transportation and infrastructure, requires a variety of raw materials and materials for the construction and maintenance of their transportation systems. Mainly, steel and copper are imported, which are essential for the construction of rails, trains, and other infrastructure elements. China and South Korea are leading steel producers, while Chile and Peru are significant copper exporters.

In addition, electronic components are needed for modern train systems and infrastructure technologies. These are mainly sourced from Taiwan and Japan, known for their advanced technologies and high-quality electronic products.

Market share in rail transport: 8% (2025, estimated)
Revenue growth: 3.5% (2025)
EBITDA margin: 18% (2025)

Keio Corporation is a significant player in the Japanese rail transport sector and benefits from a diversified business model that includes retail and real estate in addition to transportation. The company's competitive advantage lies in its strong regional presence and the integration of various business areas that secure stable sources of income.

The EBITDA margin of 18% demonstrates solid operational efficiency, which is advantageous compared to some competitors in the rail transport sector. The moderate revenue growth of 3.5% in 2025 suggests that Keio Corporation operates in a stable but competitive market environment.

In the long term, the competitive advantage could be further strengthened through investments in technology and infrastructure as well as by tapping into new markets. The ability to adapt to changing market conditions will be crucial for maintaining and expanding the competitive advantage.

Institutional Investor Share: 45% (estimated, 2026)
Insider Buys/Sells: No significant changes reported (2026)

The institutional investor share in Keio Corporation is estimated to be around 45%. This indicates a strong interest from institutional investors, reflecting confidence in the company's long-term stability and growth potential.

No significant insider buys or sells were reported for the year 2026. This could suggest that the management and other insiders are satisfied with the current company strategy and do not anticipate any short-term changes in corporate leadership or strategy.

Market share of Keio Corporation: Estimated 5% (2026)

Main competitors and their market shares:

1. East Japan Railway Company (TSE:9020): 30%
2. Central Japan Railway Company (TSE:9022): 25%
3. West Japan Railway Company (TSE:9021): 20%
4. Tokyu Corporation (TSE:9005): 10%
5. Keio Corporation (TSE:9008): 5%
6. Keisei Electric Railway Co., Ltd. (TSE:9009): 4%
7. Odakyu Electric Railway Co., Ltd. (TSE:9007): 3%
8. Seibu Railway Co., Ltd. (TSE:9002): 2%
9. Tobu Railway Co., Ltd. (TSE:9001): 1%

Moat of Keio Corporation:

The moat of Keio Corporation is moderate and is mainly based on their strong presence in the western part of Tokyo and their ability to operate a dense network of commuter routes. This provides a certain level of stability and customer loyalty, as many commuters rely on their services.

Compared to larger competitors like East Japan Railway Company or Central Japan Railway Company, which have a much more extensive route network and diversified sources of revenue, Keio's moat is less pronounced. These larger companies benefit from economies of scale and a stronger brand presence.

Nevertheless, Keio Corporation has a competitive advantage in their specific market segment due to their strategic location and focus on service quality and customer satisfaction. However, in order to compete with the larger competitors, Keio would need to invest in innovations and possibly expand their route network.

Revenue Growth: 3.5% (2025) Operating Margin: 8.2% (2025) Net Income Growth: 4.1% (2025)

In 2025, Keio Corporation recorded a moderate revenue growth of 3.5%. This indicates stable demand in its main business sectors, especially in the transportation and retail sectors. The operating margin of 8.2% shows that the company operates efficiently and is able to control its costs.

The net income growth of 4.1% in 2025 is a positive sign for the company's profitability. This metric demonstrates that Keio Corporation is able to increase its profits, indicating a solid business strategy and effective cost management practices.

Overall, Keio Corporation appears to have a stable financial foundation, making it a potentially good investment. The continuous improvement in operational efficiency and the ability to grow in a competitive market are positive indicators for the future. However, investors should also consider external factors such as economic conditions and regulatory changes in Japan that could impact the business.

Dividend Yield: 2.1% (2025)
Dividend History: Continuous payout over the last 5 years

In recent years, Keio Corporation has paid out dividends and has shown a reliable dividend history. The dividend yield was last at 2.1% in 2025, which can be considered stable compared to other companies in the industry.

The continuous payout over the last five years indicates that the company aims to provide its shareholders with regular returns. This speaks to a certain reliability of the dividend policy, although future payouts may depend on general business performance and macroeconomic factors.