Added to YB: 2026-03-24
Pitch date: 2026-03-22
471A.T [neutral]
NS Group, Inc.
-0.64%
current return
Author Info
JapaneseIPO writes about unknown but growing Japanese small cap stocks. Sign up for the newsletter.
Company Info
NS Group, Inc., through its subsidiary operates a rent guarantee business in Japan. The company offers rent guarantee and collection agency services.
Market Cap
JPY 82.3B
Pitch Price
JPY 1.6K
Price Target
N/A
Dividend
4.82%
EV/EBITDA
N/A
P/E
N/A
EV/Sales
3.13
Sector
Real Estate Management and Development
Category
growth
NS group (471A): Steady EBITDA Growth and Expanding TAM at 9.2x P/E
471A.T (overview): Rent guarantor IPO Dec'25 on TSE Prime. 53% recurring rev, 44% EBITDA margin, 27% ROE. Replaces joint guarantors for Japan renters amid aging/nuclear family trends. Collects guarantee fees from tenants, advances rent to landlords if arrears occur. 9.2x P/E. Author notes risks but sees long-term merit if biz model sustains growth
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