TSE:1812Construction
Kajima (TSE:1812) Stock Turns Volatile Despite Stronger EPS And Buyback
Kajima went into this print with the stock under pressure, down over 15% in the past month. The latest move to ¥5,130 after the Q1 2027 numbers suggests investors are still wrestling with what to focus on. The headline is earnings strength. Basic earnings per share landed at ¥66.56 for the quarter and trailing 12 month earnings reached ¥390.32 per share, which helps explain why the P/E sits above the broader Japanese construction sector.
Is Kajima’s 13x P/E a sign the market is overpaying for...