JGC Holdings (1963) Stock Overview
Provides engineering, procurement, and construction services. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
1963 Community Fair Values
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Analyst Price Targets
JGC Holdings Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JP¥2,542.00 |
| 52 Week High | JP¥2,927.50 |
| 52 Week Low | JP¥1,215.00 |
| Beta | 0.051 |
| 1 Month Change | -6.58% |
| 3 Month Change | 15.81% |
| 1 Year Change | 106.00% |
| 3 Year Change | 36.30% |
| 5 Year Change | 139.81% |
| Change since IPO | 72.77% |
Recent News & Updates
Narrative Update • Jun 23
1963: Higher Dividend And Equity Affiliate Changes Will Support Steady Outlook
Analysts have left their price target for JGC Holdings unchanged at ¥2,580, citing updated assumptions for revenue growth, profit margins and future P/E that collectively support the existing valuation. What’s in the News for JGC Holdings JGC Holdings has proposed a cash dividend of ¥52.00 per share for the year ended March 31, 2026.Narrative Update • Jun 03
1963: Dividend Proposal And Equity Affiliate Changes Will Support Balanced Share Outlook
Analysts have lifted their price target for JGC Holdings from ¥2,360 to ¥2,580, reflecting updated assumptions for revenue growth, profit margins, and the stock's future P/E multiple. What's in the News The Board of Directors will meet on May 14, 2026 to consider a proposal on dividends of surplus with a record date of March 31, 2026, for submission to the 130th Ordinary General Meeting of Shareholders on June 26, 2026.Analysis Article • May 21
We Think JGC Holdings' (TSE:1963) Healthy Earnings Might Be Conservative
Investors signalled that they were pleased with JGC Holdings Corporation's ( TSE:1963 ) most recent earnings report...Analysis Article • May 17
Results: JGC Holdings Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
It's been a good week for JGC Holdings Corporation ( TSE:1963 ) shareholders, because the company has just released its...Recent updates
Narrative Update • Jun 23
1963: Higher Dividend And Equity Affiliate Changes Will Support Steady Outlook
Analysts have left their price target for JGC Holdings unchanged at ¥2,580, citing updated assumptions for revenue growth, profit margins and future P/E that collectively support the existing valuation. What’s in the News for JGC Holdings JGC Holdings has proposed a cash dividend of ¥52.00 per share for the year ended March 31, 2026.Narrative Update • Jun 03
1963: Dividend Proposal And Equity Affiliate Changes Will Support Balanced Share Outlook
Analysts have lifted their price target for JGC Holdings from ¥2,360 to ¥2,580, reflecting updated assumptions for revenue growth, profit margins, and the stock's future P/E multiple. What's in the News The Board of Directors will meet on May 14, 2026 to consider a proposal on dividends of surplus with a record date of March 31, 2026, for submission to the 130th Ordinary General Meeting of Shareholders on June 26, 2026.Analysis Article • May 21
We Think JGC Holdings' (TSE:1963) Healthy Earnings Might Be Conservative
Investors signalled that they were pleased with JGC Holdings Corporation's ( TSE:1963 ) most recent earnings report...Analysis Article • May 17
Results: JGC Holdings Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
It's been a good week for JGC Holdings Corporation ( TSE:1963 ) shareholders, because the company has just released its...Narrative Update • May 05
1963: Coral Norte Progress And Equity Changes Will Support Balanced Share Outlook
Analysts have nudged their price target for JGC Holdings up by ¥10 to ¥2,360, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that slightly adjust, but do not radically shift, their overall outlook on the stock. What's in the News A board meeting is scheduled for April 14, 2026, to review a notice of change in equity method affiliates related to a share transfer and the recording of extraordinary income (Key Developments).Narrative Update • Apr 21
1963: Coral Norte Progress And Equity Changes Will Support Measured Share Upside
Analysts now place JGC Holdings' price target at ¥2,350, up from ¥2,190, reflecting updated assumptions around fair value and a slightly higher future P/E multiple. What's in the News Board meeting scheduled for Apr 14, 2026 to review a notice of change in equity method affiliates related to a share transfer and to consider recording extraordinary income (Board Meeting).Narrative Update • Apr 07
1963: Coral Norte Contract Progress Will Signal Limited Upside For Shares
Analysts have kept their price target for JGC Holdings steady at ¥2,190, reflecting only very small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E that do not materially change their overall view of the shares. What's in the News Technip Energies, JGC and Samsung Heavy Industries were awarded a significant contract by Mozambique Rovuma Venture to progress work on the Coral Norte Floating LNG project, the country's second floating LNG facility, following earlier early works on the same project (Key Developments).Narrative Update • Mar 23
1963: Mozambique Project Progress And Governance Decisions Will Shape Balanced Outlook
Analysts have kept their price target for JGC Holdings steady at ¥2,190, with only minor tweaks to assumptions such as the discount rate and future P/E, supporting an unchanged fair value view. What's in the News Technip Energies, in partnership with JGC and Samsung Heavy Industries, received a significant contract from Mozambique Rovuma Venture to advance work on the Coral Norte Floating LNG project offshore Mozambique.Narrative Update • Mar 09
1963: Project Progress And Governance Actions Will Shape Balanced Outlook
Analysts have raised their price target on JGC Holdings from ¥1,930 to ¥2,190, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that they state better reflect the company’s current prospects. What's in the News Technip Energies, JGC and Samsung Heavy Industries received a significant contract from Mozambique Rovuma Venture to progress work on the Coral Norte Floating LNG project, the country's second floating LNG facility, following earlier work on the same project (Key Developments).
New Narrative • Feb 26
LNG And Data Center Materials Will Support Steady Long Term Prospects
Catalysts About JGC Holdings JGC Holdings is an engineering and manufacturing group with Total Engineering operations and a Functional Materials Manufacturing business focused on catalysts, fine chemicals and fine ceramics. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 22
1963: Governance And Capital Moves Will Sustain Overvaluation Risk Despite Project Progress
Analysts have raised their price target on JGC Holdings from ¥1,820 to ¥1,930, reflecting updated assumptions that include revised discount rates, revenue trends, profit margins, and future P/E expectations. What's in the News Board meeting scheduled for Feb 10, 2026 to consider changes in directors, auditors and executive officers, which could reshape governance and senior management.
New Narrative • Feb 11
LNG Dependence And Fusion Bets Will Restrain Prospects Despite Supportive Long Term Energy Trends
Catalysts About JGC Holdings JGC Holdings is an engineering and manufacturing group engaged in Total Engineering projects and Functional Materials Manufacturing, including catalysts and fine ceramics. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 07
1963: Strong Guidance And LNG Project Progress Will Mask Overvaluation Risk
Analysts have maintained their fair value estimate for JGC Holdings at ¥1,820, making only minor adjustments to inputs such as the discount rate and future P/E that support this unchanged price target. What's in the News Fluor and JGC Corporation completed Train 2 of the LNG Canada Project in Kitimat, British Columbia, marking the end of the first phase of Canada's first LNG mega project.Narrative Update • Jan 24
1963: Upbeat Earnings Guidance And LNG Milestone Will Conceal Overvaluation Risk
Analysts have maintained their price target for JGC Holdings at ¥1,820, reflecting only minor adjustments to inputs such as the discount rate, long-term revenue growth, profit margin, and assumed future P/E, which together indicate a largely unchanged valuation view. What's in the News Fluor and joint venture partner JGC Corporation completed Train 2 of the LNG Canada Project in Kitimat, British Columbia, marking the end of the first phase of Canada's first LNG mega project.Analysis Article • Jan 08
JGC Holdings (TSE:1963) Will Pay A Dividend Of ¥40.00
JGC Holdings Corporation ( TSE:1963 ) will pay a dividend of ¥40.00 on the 30th of June. This payment means the...Narrative Update • Jan 07
1963: LNG Project Delivery And Upbeat Guidance Will Mask Future Downside Risk
Narrative Update on JGC Holdings Analysts have kept their price target for JGC Holdings steady at ¥1,820, reflecting largely unchanged views on fair value as only minor tweaks were made to assumptions such as the discount rate, revenue growth, profit margin, and future P/E. What's in the News Fluor and JGC Corporation completed Train 2 of the LNG Canada Project, marking the end of the first phase of Canada's first LNG mega project in Kitimat, British Columbia.Analysis Article • Jan 06
Estimating The Intrinsic Value Of JGC Holdings Corporation (TSE:1963)
Key Insights Using the 2 Stage Free Cash Flow to Equity, JGC Holdings fair value estimate is JP¥2,407 Current share...Narrative Update • Dec 22
1963: LNG Project Execution And Updated Outlook Will Shape Balanced Future Risk
Analysts have raised their price target for JGC Holdings to ¥1,820 from ¥1,740, citing a modestly lower discount rate and improved (though still subdued) revenue growth expectations that more than offset slightly softer profit margin and forward P/E assumptions. What's in the News Fluor and JGC Corporation completed Train 2 of the LNG Canada Project, marking the end of phase one of Canada's first LNG mega project in Kitimat and underscoring JGC's execution capability on large scale export infrastructure (Client Announcements).Analysis Article • Dec 11
Is JGC Holdings (TSE:1963) Using Debt Sensibly?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Narrative Update • Dec 08
1963: Upgraded Earnings Outlook And Richer Multiple Will Shape Balanced Future Risk
Analysts have raised their fair value estimate for JGC Holdings by ¥120 to ¥1,740, reflecting a modestly higher assumed future valuation multiple, despite slightly weaker long term revenue growth and profitability assumptions. What's in the News Raised full year 2025 to 2026 net sales guidance to JPY 770 billion from JPY 690 billion, citing stronger overseas EPC orders and additional project agreements (company guidance).Narrative Update • Nov 24
1963: Raised Earnings Guidance And Higher P/E Multiple Will Increase Downside Risk
Analysts have raised their fair value estimate for JGC Holdings from ¥1,350 to ¥1,620 per share, citing improved margin forecasts and a more favorable revenue outlook. What's in the News JGC Holdings revised its fiscal year 2026 earnings guidance, projecting net sales of ¥770,000 million, up from previous guidance of ¥690,000 million (Key Developments).Analysis Article • Nov 13
Earnings Update: Here's Why Analysts Just Lifted Their JGC Holdings Corporation (TSE:1963) Price Target To JP¥1,460
It's been a pretty great week for JGC Holdings Corporation ( TSE:1963 ) shareholders, with its shares surging 10% to...Narrative Update • Nov 07
1963: Modest Increase In Discount Rate Will Pressure Future Earnings
Analysts have maintained their fair value estimate for JGC Holdings at ¥1,350. They cite stable outlooks in both discount rate and profit margin metrics, despite minor adjustments to future growth and valuation assumptions.Narrative Update • Oct 24
Global Energy Transition And Capital Projects Will Drive Stability
Analysts have marginally raised their price target for JGC Holdings, increasing it from ¥1,341.67 to ¥1,350.00. This change reflects slight adjustments to discount rate assumptions and financial outlook.Analysis Article • Oct 04
Pinning Down JGC Holdings Corporation's (TSE:1963) P/S Is Difficult Right Now
With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Construction industry in Japan, you could be...New Narrative • Jul 28
Global Energy Transition And Capital Projects Will Drive Stability
Recovery in fine chemicals and fine ceramics offsets engineering volatility, supporting improved margins and earnings stability.Analysis Article • Jul 17
Health Check: How Prudently Does JGC Holdings (TSE:1963) Use Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Jun 18
JGC Holdings Corporation's (TSE:1963) Business Is Trailing The Industry But Its Shares Aren't
With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Construction industry in Japan, you could be...Analysis Article • May 17
JGC Holdings Corporation (TSE:1963) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
As you might know, JGC Holdings Corporation ( TSE:1963 ) just kicked off its latest full-year results with some very...Analysis Article • Mar 12
Some Confidence Is Lacking In JGC Holdings Corporation's (TSE:1963) P/S
There wouldn't be many who think JGC Holdings Corporation's ( TSE:1963 ) price-to-sales (or "P/S") ratio of 0.3x is...Analysis Article • Feb 11
Health Check: How Prudently Does JGC Holdings (TSE:1963) Use Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 15
Is JGC Holdings Corporation (TSE:1963) Trading At A 46% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, JGC Holdings fair value estimate is JP¥2,323 JGC Holdings is...Analysis Article • Oct 24
Is JGC Holdings (TSE:1963) Weighed On By Its Debt Load?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 03
JGC Holdings Corporation's (TSE:1963) Earnings Haven't Escaped The Attention Of Investors
With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Construction industry in Japan, you could be...Analysis Article • Jul 17
Is JGC Holdings Corporation (TSE:1963) Trading At A 37% Discount?
Key Insights The projected fair value for JGC Holdings is JP¥2,075 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • May 23
Investors Interested In JGC Holdings Corporation's (TSE:1963) Revenues
There wouldn't be many who think JGC Holdings Corporation's ( TSE:1963 ) price-to-sales (or "P/S") ratio of 0.4x is...Analysis Article • May 01
These 4 Measures Indicate That JGC Holdings (TSE:1963) Is Using Debt Safely
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Mar 25
JGC Holdings (TSE:1963) Is Increasing Its Dividend To ¥40.00
JGC Holdings Corporation's ( TSE:1963 ) dividend will be increasing from last year's payment of the same period to...Analysis Article • Mar 23
A Look At The Intrinsic Value Of JGC Holdings Corporation (TSE:1963)
Key Insights JGC Holdings' estimated fair value is JP¥1,431 based on 2 Stage Free Cash Flow to Equity JGC Holdings...Shareholder Returns
| 1963 | JP Construction | JP Market | |
|---|---|---|---|
| 7D | -6.4% | -2.8% | -0.8% |
| 1Y | 106.0% | 56.3% | 44.4% |
Return vs Industry: 1963 exceeded the JP Construction industry which returned 56.3% over the past year.
Return vs Market: 1963 exceeded the JP Market which returned 44.4% over the past year.
Price Volatility
| 1963 volatility | |
|---|---|
| 1963 Average Weekly Movement | 7.3% |
| Construction Industry Average Movement | 4.3% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in JP Market | 9.2% |
| 10% least volatile stocks in JP Market | 2.2% |
Stable Share Price: 1963's share price has been volatile over the past 3 months compared to the JP market.
Volatility Over Time: 1963's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1928 | 8,365 | Masayuki Sato | www.jgc.com |
JGC Holdings Corporation, together with its subsidiaries, provides engineering, procurement, and construction services. It operates in two segments, Comprehensive Engineering, and Functional Materials Manufacturing. The Total Engineering segment is involved in the planning, design, procurement, construction, and commissioning services of machinery, facilities and plants for petroleum, petroleum refining, petrochemicals, gas, liquefied natural gas, etc. The Functional Materials Manufacturing segment manufacture and distributes products in catalyst, nanoparticle technology, hygiene and safety, electronic materials, and high-performance ceramic, and next generation energy sectors.
JGC Holdings Corporation Fundamentals Summary
| 1963 fundamental statistics | |
|---|---|
| Market cap | JP¥614.78b |
| Earnings (TTM) | JP¥41.84b |
| Revenue (TTM) | JP¥745.28b |
14.7x
P/E Ratio0.8x
P/S RatioIs 1963 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1963 income statement (TTM) | |
|---|---|
| Revenue | JP¥745.28b |
| Cost of Revenue | JP¥681.14b |
| Gross Profit | JP¥64.15b |
| Other Expenses | JP¥22.30b |
| Earnings | JP¥41.84b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 07, 2026
| Earnings per share (EPS) | 173.01 |
| Gross Margin | 8.61% |
| Net Profit Margin | 5.61% |
| Debt/Equity Ratio | 8.2% |
How did 1963 perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield30%
Payout RatioDoes 1963 pay a reliable dividends?
See 1963 dividend history and benchmarks| JGC Holdings dividend dates | |
|---|---|
| Ex Dividend Date | Mar 30 2026 |
| Dividend Pay Date | Jun 29 2026 |
| Days until Ex dividend | 89 days |
| Days until Dividend pay date | 2 days |
Does 1963 pay a reliable dividends?
See 1963 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/26 17:22 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
JGC Holdings Corporation is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kunio Sakaida | Barclays |
| Takahiro Mori | BofA Global Research |
| Edward Bourlet | CLSA |