TSE: 7984 - Kokuyo Co., Ltd.

Yield per half year: +10.95%
Dividend yield: +3.93%
Sector: Industrials

Reporting Kokuyo Co., Ltd.

Capitalization

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	LTM	5 year average	CAGR 5
Капитализация, млрд ¥							234.87
Выручка, млрд ¥	315.16	320.2	300.64	320.17	300.93	328.75	328.75	314.14	0.53
Чистая прибыль, млрд ¥	14.23	15.3	8.3	13.7	18.24	19.07	19.07	14.92	4.50
EV, млрд ¥	126.99	140.9	112.46	139.8	155.76	187.88	157.95	147.36	5.92
EBIT, млрд ¥	20.4	16.74	14.81	20	23.35	27.99	23.82	20.58	10.83
EBITDA, млрд ¥	26.77	24.59	20.61	23.81	30.45	36.08	31.91	27.11	7.97
Баланс стоимость, млрд ¥	207.16	219.41	224.62	228.47	237.87	251.84	251.84	232.44	2.80
FCF, млрд ¥	16.78	11.87	12.59	15.75	3.93	28.39	28.39	14.51	19.05
Операционный денежный поток, млрд ¥	20.88	16.72	19.22	21.79	9.58	34.74	34.74	20.41	15.75
Операционная прибыль, млрд ¥	18.3	16.74	14.81	20	19.32	23.82	23.82	18.94	7.31
Операционные расходы, млрд ¥	94.33	97.19	92.58	95.7	97.35	103.57	103.57	97.28	1.28
CAPEX, млрд ¥	4.1	4.85	6.63	6.04	5.65	6.35	6.35	5.90	5.54

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
Выручка, млрд ¥	69.99	68.48	76.03	92.56	81.03	75.23	79.94	95.94	82.75	72.87	81.35	-0.64
Чистая прибыль, млрд ¥	3.16	2.21	5.32	7.68	4.08	3.13	4.2	11.98	3.65	0.748	4.74	-24.89
EV, млрд ¥	132.94	157.5	157.84	162.56	157.86	200	159.64	210.86	177.46	177.45	185.08	-2.36
EBIT, млрд ¥	3.97	2.98	4.36	10.82	6.11	4.66	5.91	17.59	5.59	1.21	6.99	-23.64
EBITDA, млрд ¥	5.58	4.63	5.95	13.2	8.07	6.74	8.03	19.67	7.74	3.36	9.11	-13.00
Баланс стоимость, млрд ¥	236.71	236.8	237.87	244.97	253.07	252.05	251.84	262.02	267.19	259.92	258.60	0.62
FCF, млрд ¥	12.04	-4.55	2.79	-1.38	16.41	8.11	5.26	-2.49	17.62	-9.83	3.73	-203.92
Операционный денежный поток, млрд ¥	13.66	-3.34	4.82	0.032	18.01	9.72	6.98	-1.14	19.46	-8.76	5.25	-197.94
Операционная прибыль, млрд ¥	3.97	2.98	4.36	10.82	4.96	3.9	4.15	11.67	4.01	1.83	5.11	-14.04
Операционные расходы, млрд ¥	23.58	23.8	25.07	26.3	25.93	24.82	26.5	27.71	27.83	26.69	26.71	1.46
CAPEX, млрд ¥	1.62	1.22	2.03	1.41	1.6	1.61	1.73	1.35	1.84	1.08	1.52	-7.67

	5 quarters average	CAGR 5

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	LTM	5 year average	CAGR 5
Наличность, млрд ¥	76.72	65.57	65.79	70.69	68.47	85.53	115.16	71.21	5.46
Short Term Investments ¥	7.8	18.5	25	30.6	30	30.09	0.458	26.84	10.22
Total Receivables ¥	63.33	64.67	62.68	63.91	68.89	68.46	68.46	65.72	1.15
Total Current Assets ¥	185.5	187.64	189.18	203.15	215	230.16	230.16	205.03	4.17
Чистые активы, млрд ¥	185.5	187.64	189.18	203.15	61.11	224.09	215	173.03	3.61
Активы, млрд ¥	304.78	318.42	320.3	324.58	337.17	358.41	358.41	331.78	2.39
Short Term Debt ¥	5.41	4.81	7.75	4.2	4.47	9.24	10.33	6.09	13.95
Long Term Debt ¥	8.48	8.39	5.22	5.12	5		5	6.44	-10.03
Задолженность, млрд ¥	95.83	97.14	93.96	94.47	97.42	104.98	104.98	97.59	1.56
Чистый долг, млрд ¥	-62.83	-52.36	-52.82	-61.37	-59	-76.3	-103.22	-60.3700	7.82
Долг, млрд ¥	13.89	13.2	12.97	9.32	9.47	9.24	11.94	10.84	-6.89
Расходы на обслуживание долга ¥	0.257	0.249	0.213	0.174	0.183	0.194	0.194	0.2026	-4.87
Чист. проц. доходы, млрд ¥	0.103	0.094	0.077	0.105	0.131	0.166	0.166	0.1146	12.05
Амортизация, млрд ¥	6.37	7.85	5.8	3.81	7.1	8.09	8.09	6.53	0.60
Себестоимость, млрд ¥		206.27	193.26	204.46	184.26	201.36	201.36	197.92	-0.48
Товарно материальные запасы ¥	31.75	34.09	31.34	33.25	40.01	39.72	39.72	35.68	3.10

	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
Наличность, млрд ¥		75.04	58.04	68.47	64.09	79.95	82.94	115.16	87.99	130.45	114.12	106.13	6.59
Short Term Investments ¥	30.6	30.6	30.6	30	30	30	30	0.458	30.56	0.144		18.23	-65.62
Total Receivables ¥		58.48	59.17	69	82.38	65.77	63.9	68.46	87.45	69.96	58.74	69.70	-1.67
Total Current Assets ¥		203.8	191.25	215	224.09	219.63	221.95	230.16	252.82	243.88	217.13	233.19	-0.44
Чистые активы, млрд ¥	210.12	203.8	191.25	215	61.03	61.64						146.54	-21.27
Активы, млрд ¥		324.45	324.88	337.17	349.3	350.3	351.25	358.41	381.33	374.08	344.09	361.83	-0.41
Short Term Debt ¥		4.52	4.82	4.47	4.92	9.78	9.4	10.33	10.45	4.76	4.65	7.92	-13.13
Long Term Debt ¥	5.1	5.07	5.04	5	5				0.179	0.144		3.07	-50.89
Задолженность, млрд ¥		85.87	86.13	97.42	102.42	95.58	97.55	104.98	116.05	103.4	80.86	100.57	-3.68
Чистый долг, млрд ¥		-65.45	-48.18	-59	-54.17	-70.17	-73.54	-103.22	-77.36	-125.54	-109.35	-97.8020	8.26
Долг, млрд ¥		9.6	9.86	9.47	9.92	9.78	9.4	11.94	10.63	4.9	4.77	8.33	-12.69
Расходы на обслуживание долга ¥		0.044	0.036	0.066	0.049	0.063	0.038	0.044	0.054	0.072	0.039	0.0494	0.52
Чист. проц. доходы, млрд ¥	0.017	0.021	0.033	0.06	0.037	0.901	0.041	0.053	0.068			0.2200	12.94
Амортизация, млрд ¥		1.61	1.65	1.59	2.39	1.96	2.08	2.11	2.09	2.15	2.14	2.11	0.57
Себестоимость, млрд ¥						50.14	46.5	49.29	56.56	50.91	44.35	49.52	-0.94
Товарно материальные запасы ¥		34.14	38.33	40.01	41.68	37.66	39.09	39.72	42.21	38.3	39.5	39.76	0.21

	5 quarters average	CAGR 5

Share

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	5 year average	CAGR 5
EPS	120.33	129.38	70.13	116.76	157.78	165.59			165.59	127.93	5.06
Цена акции ао					1858	2294	2797	2735	2735	2421.00	10.15
Число акций ао, млн	118.26	118.28	118.31	117.37	115.59	115.16			115.16	116.94	-0.53
FCF/акцию	141.9	100.38	106.42	134.21	34	246.53			246.53	124.31	19.69

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	5 quarters average	CAGR 5
EPS	27.34	19.08	46.04	66.54	35.36	27.11	36.61	105.48	32.18	6.6	41.60	-24.62
FCF/акцию	104.03	-39.34	24.09	-11.97	142.13	70.29	45.88	-21.89	155.49	-86.78	32.60	-204.31

	5 quarters average	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
ROE, %	6.95	7.17	3.74	6.05	7.82	7.79			7.57	10.48	6.51	1.67
ROA, %	4.67	4.91	2.6	4.25	5.51	5.48			5.32	5.54	4.55	2.22
ROIC, %		8.61	5.37	8.13	10.24					9.78	8.09	4.43
ROS, %		4.78	2.76	4.28	6.06	5.8	5.8	5.8	5.8	6.74	5.55	6.27
ROCE, %	8.85	6.94	6.07	8.1	9.06	10.48		9.4	9.4	14.18	8.62	9.14
Ebit margin, %		6.83	4.18	6.86	7.76	8.51		7.25	7.25		6.91	11.64
Рентаб EBITDA, %	8.49	7.68	6.85	7.44	10.12	10.97		9.71	9.71	14.01	9.02	7.23
Чистая рентаб, %	4.52	4.78	2.76	4.28	6.06	5.8			5.8	6.74	4.74	3.94
Operation Margin, %		5.23	4.93	6.25	6.42	7.25	7.25	7.25	7.25	8.88	6.88	3.01

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	Industry average	5 quarters average	CAGR 5
ROE, %	1.38	0.9503	2.27	3.23	1.61	1.28	1.69	4.74	1.42	0.2885	10.48	1.88	-25.77
ROA, %	0.9683	0.6801	1.61	2.24	1.17	0.8915	1.18	3.24	0.9656	0.2083	5.54	1.30	-25.23
ROIC, %					1.56	2.64	1.6	5.82	1.34	1.92	9.78	2.66	-6.17
ROS, %					5.04	4.16	5.25	12.49	4.41	1.03	6.74	5.47	-24.36
ROCE, %	1.59	1.18	1.71	4.18	2.4	1.76	2.21	6.49	2.03	0.437	14.18	2.59	-24.32
Ebit margin, %						6.2	7.4	18.33	6.75	1.66		8.07	-23.17
Рентаб EBITDA, %	7.98	6.76	7.82	14.27	9.96	8.96	10.04	20.51	9.35	4.61	14.01	10.69	-12.45
Чистая рентаб, %	4.52	3.22	7	8.3	5.04	4.16	5.25	12.49	4.41	1.03	6.74	5.47	-24.36
Operation Margin, %					6.12	5.19	5.2	12.16	4.85	2.52	8.88	5.98	-13.45

	Industry average	5 quarters average	CAGR 5

Coefficients

IFRS

Reporting Annual Quarterly

	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	5 year average	CAGR 5
P/E	13.34	12.63	19.92	14.68	11.78	13.85			13.7	82.92	14.57	1.86
P/BV	0.9084	0.8734	0.7302	0.8742	0.8958	1.04			1.03	68.04	0.8827	3.55
P/S	0.6023	0.6036	0.5497	0.6283	0.7137	0.8036			0.7944	67.55	0.6598	5.89
P/FCF						59.76	8.27	8.27	8.27	72.83	25.43	-48.28
E/P						0.0783	0.0812	0.0812	0.0812	0.32	0.0802	1.22
EV/EBITDA	4.74	5.73	5.46	5.87	5.11	5.21			4.95	76.41	5.48	-1.88
EV/EBIT		6.44	8.95	6.36	6.67	6.71	6.63	6.63	6.63		6.60	0.83
EV/S		0.44	0.3741	0.4366	0.5176	0.5715	0.4805	0.4805	0.4805	67.57	0.4973	1.93
EV/FCF		11.87	8.93	8.88	39.63	6.62	5.56	5.56	5.56	28.85	13.25	-8.94
Debt/EBITDA	0.5191	0.5368	0.6291	0.3914	0.3109	0.2561	0.3741	0.3741	0.3741	2.58	0.3413	-0.90
Netdebt/Ebitda		-2.13	-2.56	-2.58	-1.94	-2.11	-3.23	-3.23	-3.23	0.08	-2.6180	4.60
Debt/Ratio		0.0415	0.0611	0.0494	0.0281	0.0258	0.0333	0.0333	0.0333	0.16	0.0340	-7.58
Debt/Equity		0.0602	0.0872	0.0702	0.0398	0.0367	0.0555	0.0555	0.0555	33.09	0.0515	-4.59
Debt/Net Income		0.8626	2.36	1.17	0.5191	0.4845	0.626	0.626	0.626	5.12	0.6851	-11.76
Бета						0.3864	1.86	-0.3769	-0.3769	-62.67	0.6232	-199.17
Индекс Альтмана						-0.1197	0.7548	0.786	0.786	8.11	0.4737	-287.26

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2025Q1	Industry average	5 quarters average	CAGR 5
P/E	12.16	13.34	11.81	11.81	11.83	13.55	13.85	12.41	13.28	13.99		82.92	13.42	0.64
P/BV	0.8315	0.8615	0.9045	0.8778	0.8952	1.08	1.04	1.09	1.12	1.09		68.04	1.08	0.18
P/S	0.6342	0.6654	0.7213	0.707	0.7174	0.8426	0.8038	0.8762	0.9142	0.8681		67.55	0.8610	0.60
EV/EBITDA	4.51	5.61	5.51	5.54	19.55	5.81	4.42	4.95	4.21	4.57		76.41	4.79	-4.69
EV/EBIT						42.89	27	11.99	31.76	146.41			52.01	27.83
EV/S					1.95	2.66	2	2.2	2.14	2.44		67.57	2.29	-1.71
EV/FCF					9.62	24.67	30.37	-84.82	10.07	-18.05		28.85	-7.5520	-193.94
Debt/EBITDA	1.72	2.13	1.59	0.7514	1.21	1.39	1.49	0.5403	0.6335	1.42		2.58	1.09	0.43
Netdebt/Ebitda					-8.69	-10.91	-12.86	-3.93	-16.22	-32.58		0.08	-15.3000	24.46
Debt/Ratio					0.0279	0.0268	0.0333	0.0279	0.0131	0.0138		0.16	0.0230	-12.43
Debt/Equity					0.0386	0.0373	0.0474	0.0406	0.0183	0.0183		33.09	0.0324	-13.27
Debt/Net Income					2.4	3.01	2.85	0.8873	1.34	6.37		5.12	2.89	16.18
Бета											-0.3769	-62.67	-0.3769	0.00
Индекс Альтмана											0.786	8.11	0.7860	0.00

	Industry average	5 quarters average	CAGR 5

Dividends

IFRS

Reporting Annual Quarterly

	2016	2017	2018	2019	2020	2021	2022	2023	2024	LTM	Industry average	5 year average	CAGR 5
Див.выплата, млрд		3.72	4.07	4.72	4.82	6.18	7.08			6.61		5.37	11.71
Дивиденд	22	29	32	39	39	33.8	57	66.5	76	76		54.46	14.27
Див доход, ао, %	0.7502	1.31	1.8	2.09	2.81	1.27	4.44	4.16	3.93	3.93	4.16	3.32	6.94
Дивиденды / прибыль, %			26.12	26.6	56.91	35.17	33.89	37.12		37.12	37.26	37.94	6.89

	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	Industry average	5 quarters average	CAGR 5
Див.выплата, млрд	0.01	3.24	0.009	3.35	0.02	3.76	0.017	3.9	0.012	4.33		2.40	2.86
Дивиденды / прибыль, %	0.3161	146.6	0.1691	43.65	0.4901	120.34	0.4052	32.56	0.329	578.48	37.26	146.42	36.89

	Industry average	5 quarters average	CAGR 5

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2023	CAGR 5
Персонал, чел	6864	0.00

	CAGR 5

	CAGR 5