KOSAIDO Holdings Co., Ltd. (7868) Stock Price

Market cap
¥72.6B
P/E ratio
13.2x
Kojindo Holdings provides funeral services, information solutions, and human resources services through 20 subsidiaries across Japan and China.

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Business Overview

Kojindo Holdings operates three main business segments: ending-related services, information solutions, and human resources services. These businesses are conducted through the company and its 20 subsidiaries.

In the ending-related services segment, Tokyo Hakuzen Co., Ltd. handles cremation operations. The company also operates comprehensive funeral halls, provides funeral services, and engages in construction. Kojindo Life Well Co., Ltd. and Gran Ceremony Tokyo Co., Ltd. are involved in these operations.

The information solutions segment manufactures and sells printed materials and IT-related products, and provides BPO services. Kojindo Next Co., Ltd. and Weihai Kojindo Packaging Co., Ltd. operate in this field.

The human resources services segment offers HR technology, job advertising, personnel placement, temporary staffing, and Japanese language school operations. Kojindo Business Support Co., Ltd. and Career Station Co., Ltd. are the primary players in this segment.

The company also operates an asset consulting business providing financial services, real estate brokerage, and other funeral-related services. Kojindo Finance Co., Ltd. and Tokyo Hakuzen Anshin Support Co., Ltd. are active in this field.

Management Policy

Kosei-do Holdings pursues long-term profit growth as its fundamental policy, focusing on strengthening its business foundation. The company promotes strategic investments and operational efficiency while enhancing shareholder returns, aiming for sustainable growth. Through these initiatives, the company seeks to fulfill its social responsibilities while improving corporate value.

Under its medium-term management plan, the company targets increasing revenue from 39,750 million yen to 46,800 million yen between fiscal 2025 and fiscal 2027, and operating profit from 8,350 million yen to 10,000 million yen. These goals aim to drive growth across business segments and establish a sustainable business model.

In the ending-related business, the company focuses on cremation services within Tokyo's 23 wards while expanding funeral facilities and enhancing service offerings. This approach contributes to local communities while expanding the business. The company is also expanding into adjacent areas including inheritance consulting and real estate brokerage.

In the information solutions business, the company adapts to changes in the printing industry by entering the IP content sector. In the BPO business, the company strengthens outsourcing capabilities and increases in-house operations to stabilize revenue. This strategy maintains earnings in existing areas while exploring new growth opportunities.

In the human resources services business, the company expands regional dispatch services and diversifies its service offerings. Notably, the company positions global human resources as a new core business, aiming to establish an international talent education and placement business model. This approach addresses labor market changes and strengthens competitiveness.

In the asset consulting business, the company aims to maintain operating profit above 1 billion yen while expanding project acquisition and customer touchpoints. This strategy drives growth in financial services and real estate brokerage while promoting business diversification.

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