West Holdings Corporation
Stock Price Chart
2026/08/23 UpdatedPrice Trend
2026/08/23 UpdatedPrice & Trading Details
2026/08/23 UpdatedPRICE
TRADING
Analyst Recommendations 3 analysts
Updated 2026/08/01Earnings Calendar
Updated 2026/08/01Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2025/07/14 | ¥83.21 | ¥5.78 | -93.1% |
| 2025/01/13 | ¥12.61 | ¥-3.09 | -124.5% |
| 2024/10/14 | ¥83.94 | ¥103.50 | +23.3% |
| 2024/07/11 | ¥54.89 | ¥18.12 | -67.0% |
Shareholder Composition
Updated 2026/08/01Dividend History
Updated 2026/08/23| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥35 | -46.2% |
| 2025 | ¥65 | 0.0% |
| 2024 | ¥65 | +18.2% |
| 2023 | ¥55 | 0.0% |
| 2022 | ¥55 | - |
Financial Performance
2026/08/23 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥67,169M | ¥43,734M | ¥50,390M | ¥47,250M |
| Gross Profit | ¥14,443M | ¥15,356M | ¥18,522M | ¥16,292M |
| Operating Income | ¥7,770M | ¥8,500M | ¥10,598M | ¥8,647M |
| Pretax Income | ¥6,219M | ¥8,807M | ¥10,599M | ¥8,857M |
| Net Income | ¥4,257M | ¥6,016M | ¥6,757M | ¥5,357M |
| EPS | ¥104.71 | ¥147.97 | ¥147.97 | - |
| Operating Margin | 11.57% | 19.44% | 21.03% | 18.30% |
| Balance Sheet | ||||
| Total Assets | ¥101,418M | ¥123,802M | ¥125,897M | ¥148,546M |
| Total Equity | ¥27,536M | ¥31,385M | ¥33,228M | ¥36,222M |
| Total Liabilities | ¥73,882M | ¥92,417M | ¥92,669M | ¥112,324M |
| Cash | ¥27,597M | ¥46,150M | ¥27,676M | ¥35,564M |
| Interest-bearing Debt | ¥59,065M | ¥78,254M | ¥75,335M | ¥94,121M |
| Equity Ratio | 27.15% | 25.35% | 26.39% | 24.38% |
| D/E Ratio | 2.15 | 2.49 | 2.27 | 2.60 |
| Cash Flow | ||||
| Operating CF | -¥4,858M | ¥7,345M | ¥495M | ¥3,263M |
| Investing CF | -¥4,674M | -¥5,384M | -¥10,420M | -¥5,459M |
| Financing CF | ¥2,914M | ¥16,555M | -¥8,563M | ¥10,064M |
| Free CF | -¥10,357M | ¥3,425M | -¥6,547M | ¥182M |
| Efficiency | ||||
| ROE | 15.46% | 19.17% | 20.34% | 14.79% |
| ROA | 4.20% | 4.86% | 5.37% | 3.61% |
Latest IR Information
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2026 August Fiscal Year Q3 Financial Summary｜Sales of ¥29,339 million (YoY +33.4%)
For the third quarter of the fiscal year ending August 2026, sales reached ¥29,339 million (up 33.4% YoY), and operating profit was ¥4,614 million (up 128.2% YoY). Segments such as the regeneration and development business and solar power generation business...
Read more -
Notice Regarding Merger Between Wholly Owned Subsidiaries
West Energy Solutions Co., Ltd. and West Begin Co., Ltd., wholly owned subsidiaries of West Holdings Co., Ltd., are scheduled to merge on June 1, 2026. There will be no changes to capital or fiscal period due to the merger,...
Read more -
Notice Regarding Differences Between Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of Fiscal Year Ending August 2026
For the second quarter of the fiscal year ending August 2026, net sales were 15.18 billion yen (5.4% below the previous forecast), and operating income was 1.31 billion yen (29.4% below), mainly due to delays in delivery of non-FIT solar...
Read more -
Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending August 2026 [Japanese GAAP] (Consolidated)
For the second quarter of the fiscal year ending August 2026, net sales were 15,180 million yen (2.1% YoY increase), operating income was 1,301 million yen (9.5% YoY decrease), and net income attributable to owners of parent was 357 million...
Read more -
Notice Regarding Merger Between Wholly Owned Subsidiaries
Effective March 1, 2026, wholly owned subsidiary West Energy Solutions Co., Ltd. will absorb West O&M Co., Ltd. through a merger to promote effective use and efficiency of management resources.
Read more
Latest News (5 items)
-
Average Analyst Rating: none
Average Target Price: ¥2,870
Rating Score: 1.33 (Based on 3 analysts)
※1=Strong Buy, 5=Strong Sell
Manhattan West Asset Management LLC Boosts Position in Leidos Holdings, Inc. $LDOS - MarketBeat ↗
Rayburn West Financial Services LLC Acquires New Holdings in Target Corporation $TGT - MarketBeat ↗
Company Information
About
West Holdings Corporation, together with its subsidiaries, engages in the renewable energy business in Japan and internationally. It operates and maintains solar power generation and wind power generation. The company also generates and sells solar power to housing. In addition, it engages in energy-saving and green power businesses. The company was founded in 1981 and is headquartered in Hiroshima, Japan.
