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Added to YB: 2026-09-22

Pitch date: 2026-09-21

9428.T [bullish]

Crops Corporation

Author Info

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Company Info

Crops Corporation engages in the sale and service of mobile phones Japan and internationally. The company is also involved in the staffing business; building maintenance business include cleaning, equipment management, and facility security for commercial facilities and office buildings; security management; reception; store subleasing business; planning and wholesale of imported stationery, OEM, and packaging supplies; selling of natural cosmetics; and outsourced works, such as work visa application, payroll calculation, and tax and social insurance calculation.

Market Cap

JPY 13.9B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

2.28

P/E

12.07

EV/Sales

0.14

Sector

Specialty Retail

Category

value

Show full summary:
Monday Delight: 21/09/2026 - Crops Corporation

9428.T (quick overview): Crops Corporation is a Nagoya conglomerate whose restaurant-property subleasing business, Innovation Holdings/Tempo Innovation, generates 43% of operating profit from only 26% of revenue, rather than its better-known role as KDDI’s largest au/UQ Mobile retail agency in Chubu. Revenues and profits appear to compound steadily, while excluding an asset write-off at a small Vietnamese subsidiary leaves the shares at just over 7x earnings.

Read full article (1 min)