Reported Earnings • May 20
Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2026 results: EPS: JP¥141 (up from JP¥115 in FY 2025). Revenue: JP¥98.2b (down 1.8% from FY 2025). Net income: JP¥3.96b (up 20% from FY 2025). Profit margin: 4.0% (up from 3.3% in FY 2025). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Kyodo Printing Co., Ltd., Annual General Meeting, Jun 25, 2026 Kyodo Printing Co., Ltd., Annual General Meeting, Jun 25, 2026. Announcement • May 10
Kyodo Printing Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Kyodo Printing Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: JP¥52.94 (vs JP¥53.10 in 3Q 2025) Third quarter 2026 results: EPS: JP¥52.94 (down from JP¥53.10 in 3Q 2025). Revenue: JP¥25.9b (down 3.8% from 3Q 2025). Net income: JP¥1.49b (down 2.1% from 3Q 2025). Profit margin: 5.7% (up from 5.6% in 3Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Dec 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 12% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (114% cash payout ratio). Large one-off items impacting financial results. Declared Dividend • Dec 10
First half dividend of JP¥38.00 announced Shareholders will receive a dividend of JP¥38.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (114% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 05
Kyodo Printing Co., Ltd. to Report Q3, 2026 Results on Feb 06, 2026 Kyodo Printing Co., Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026 Announcement • Nov 26
Kyodo Printing Co., Ltd. (TSE:7914) announces an Equity Buyback for 600,000 shares, representing 2.06% for ¥1,000 million. Kyodo Printing Co., Ltd. (TSE:7914) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 2.06% of its issued share capital, for ¥1,000 million. The purchased shares will be cancelled. The program will expire on March 31, 2026. As of November 26, 2025, the company had 29,174,308 total issued shares (excluding treasury stock) and 4,305,692 treasury shares. Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: JP¥19.23 (vs JP¥27.28 in 2Q 2025) Second quarter 2026 results: EPS: JP¥19.23 (down from JP¥27.28 in 2Q 2025). Revenue: JP¥23.7b (down 2.8% from 2Q 2025). Net income: JP¥542.0m (down 32% from 2Q 2025). Profit margin: 2.3% (down from 3.3% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.9% to JP¥1,436. The fair value is estimated to be JP¥1,810, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 54%. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 25% but the company is paying out more than the cash it is generating. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Announcement • Sep 04
Kyodo Printing Co., Ltd. to Report Q2, 2026 Results on Nov 10, 2025 Kyodo Printing Co., Ltd. announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥28.73 (vs JP¥2.57 in 1Q 2025) First quarter 2026 results: EPS: JP¥28.73 (up from JP¥2.57 in 1Q 2025). Revenue: JP¥23.9b (flat on 1Q 2025). Net income: JP¥809.0m (up JP¥734.0m from 1Q 2025). Profit margin: 3.4% (up from 0.3% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Board Change • Jul 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Yosuke Mitsusada was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 09
Final dividend of JP¥38.00 announced Shareholders will receive a dividend of JP¥38.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 9.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥460 (vs JP¥49.78 in FY 2024) Full year 2025 results: EPS: JP¥460 (up from JP¥49.78 in FY 2024). Revenue: JP¥100.0b (up 3.1% from FY 2024). Net income: JP¥3.31b (up 121% from FY 2024). Profit margin: 3.3% (up from 1.5% in FY 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • May 31
Kyodo Printing Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Kyodo Printing Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥115 (vs JP¥49.78 in FY 2024) Full year 2025 results: EPS: JP¥115 (up from JP¥49.78 in FY 2024). Revenue: JP¥100.0b (up 3.1% from FY 2024). Net income: JP¥3.31b (up 121% from FY 2024). Profit margin: 3.3% (up from 1.5% in FY 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Kyodo Printing Co., Ltd., Annual General Meeting, Jun 25, 2025 Kyodo Printing Co., Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,287, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 113% over the past three years. New Risk • May 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 92% Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results. Buy Or Sell Opportunity • Apr 23
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 2.5% to JP¥1,045. The fair value is estimated to be JP¥849, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 49%. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥860, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 41% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 29% and the cash payout ratio is 90%. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 05
Kyodo Printing Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Kyodo Printing Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥212 (vs JP¥127 in 3Q 2024) Third quarter 2025 results: EPS: JP¥212 (up from JP¥127 in 3Q 2024). Revenue: JP¥26.9b (up 2.8% from 3Q 2024). Net income: JP¥1.52b (up 60% from 3Q 2024). Profit margin: 5.6% (up from 3.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 10
First half dividend of JP¥80.00 announced Shareholders will receive a dividend of JP¥80.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 03
Kyodo Printing Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Kyodo Printing Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: JP¥109 (vs JP¥21.24 in 2Q 2024) Second quarter 2025 results: EPS: JP¥109 (up from JP¥21.24 in 2Q 2024). Revenue: JP¥24.4b (up 5.4% from 2Q 2024). Net income: JP¥795.0m (up 391% from 2Q 2024). Profit margin: 3.3% (up from 0.7% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Announcement • Nov 08
Kyodo Printing Co., Ltd. (TSE:7914) announces an Equity Buyback for 350,000 shares, representing 4.64% for ¥1,000 million. Kyodo Printing Co., Ltd. (TSE:7914) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 4.64% of its issued share capital, for ¥1,000 million. The purpose of the buyback is to enhance shareholder value through a flexible capital policy. The program will expire on May 30, 2025. As of September 30, 2024, the company had 7,551,109 total issued shares (excluding treasury stock) and 818,891 treasury shares. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). Announcement • Sep 05
Kyodo Printing Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Kyodo Printing Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Declared Dividend • Aug 13
Dividend increased to JP¥55.00 Dividend of JP¥55.00 is 10% higher than last year. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥10.30 (vs JP¥22.71 in 1Q 2024) First quarter 2025 results: EPS: JP¥10.30 (down from JP¥22.71 in 1Q 2024). Revenue: JP¥23.8b (up 5.3% from 1Q 2024). Net income: JP¥75.0m (down 57% from 1Q 2024). Profit margin: 0.3% (down from 0.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,305, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 11x in the Commercial Services industry in Japan. Total returns to shareholders of 38% over the past three years. Announcement • Jun 06
Kyodo Printing Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Kyodo Printing Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥199 (vs JP¥159 in FY 2023) Full year 2024 results: EPS: JP¥199 (up from JP¥159 in FY 2023). Revenue: JP¥97.0b (up 3.9% from FY 2023). Net income: JP¥1.50b (up 19% from FY 2023). Profit margin: 1.5% (up from 1.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Kyodo Printing Co., Ltd., Annual General Meeting, Jun 27, 2024 Kyodo Printing Co., Ltd., Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%). Announcement • Mar 02
Kyodo Printing Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Kyodo Printing Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥127 (vs JP¥104 in 3Q 2023) Third quarter 2024 results: EPS: JP¥127 (up from JP¥104 in 3Q 2023). Revenue: JP¥26.2b (up 3.8% from 3Q 2023). Net income: JP¥949.0m (up 16% from 3Q 2023). Profit margin: 3.6% (up from 3.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Dec 03
Kyodo Printing Co., Ltd. to Report Q3, 2024 Results on Feb 07, 2024 Kyodo Printing Co., Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥21.24 (vs JP¥5.41 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.24 (up from JP¥5.41 in 2Q 2023). Revenue: JP¥23.2b (up 3.4% from 2Q 2023). Net income: JP¥162.0m (up 277% from 2Q 2023). Profit margin: 0.7% (up from 0.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Kyodo Printing Co., Ltd. (TSE:7914) announces an Equity Buyback for 450,000 shares, representing 5.69% for ¥1,200 million. Kyodo Printing Co., Ltd. (TSE:7914) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 5.69% of its issued share capital (excluding treasury stock), for ¥1,200 million. The purpose of the program is to improve shareholder returns by executing a flexible capital policy according to the business environment and improving capital efficiency. The program will run until May 31, 2024. As of September 30, 2023, the company had 7,905,898 shares in issue (excluding treasury stock) and 464,102 shares in treasury. Announcement • Sep 22
Kyodo Printing Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Kyodo Printing Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥50.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). New Risk • Aug 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥22.70 (vs JP¥42.78 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥22.70 (up from JP¥42.78 loss in 1Q 2023). Revenue: JP¥22.6b (up 4.3% from 1Q 2023). Net income: JP¥173.0m (up JP¥513.0m from 1Q 2023). Profit margin: 0.8% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Announcement • Jun 11
Kyodo Printing Co., Ltd. to Report Q1, 2024 Results on Aug 07, 2023 Kyodo Printing Co., Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥159 (vs JP¥83.59 in FY 2022) Full year 2023 results: EPS: JP¥159 (up from JP¥83.59 in FY 2022). Revenue: JP¥93.4b (up 5.6% from FY 2022). Net income: JP¥1.25b (up 84% from FY 2022). Profit margin: 1.3% (up from 0.8% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 14
Kyodo Printing Co., Ltd., Annual General Meeting, Jun 29, 2023 Kyodo Printing Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: JP¥104 (vs JP¥64.85 in 3Q 2022) Third quarter 2023 results: EPS: JP¥104 (up from JP¥64.85 in 3Q 2022). Revenue: JP¥25.2b (up 7.4% from 3Q 2022). Net income: JP¥819.0m (up 55% from 3Q 2022). Profit margin: 3.2% (up from 2.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Nov 30
Kyodo Printing Co., Ltd. to Report Q3, 2023 Results on Feb 07, 2023 Kyodo Printing Co., Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 9 highly experienced directors. No independent directors (9 non-independent directors). External Director Mika Takaoka was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥5.41 (vs JP¥36.84 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.41 (up from JP¥36.84 loss in 2Q 2022). Revenue: JP¥22.4b (up 10% from 2Q 2022). Net income: JP¥43.0m (up JP¥348.0m from 2Q 2022). Profit margin: 0.2% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Nov 09
Kyodo Printing Co., Ltd. (TSE:7914) announces an Equity Buyback for 450,000 shares, representing 5.45% for ¥1,000 million. Kyodo Printing Co., Ltd. (TSE:7914) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 5.45% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to improve shareholder returns by executing a flexible capital policy according to the business environment and improving capital efficiency. The program will run until May 31, 2023. As of September 30, 2022, the company had 8,257,022 shares in issue (excluding treasury stock) and 112,978 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.3%). Announcement • Aug 31
Kyodo Printing Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Kyodo Printing Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥42.78 loss per share (vs JP¥4.95 loss in 1Q 2022) First quarter 2023 results: JP¥42.78 loss per share (down from JP¥4.95 loss in 1Q 2022). Revenue: JP¥21.6b (up 2.8% from 1Q 2022). Net loss: JP¥340.0m (loss widened JP¥299.0m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jun 30
Kyodo Printing Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Kyodo Printing Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥83.58 (vs JP¥97.00 in FY 2021) Full year 2022 results: EPS: JP¥83.58 (down from JP¥97.00 in FY 2021). Revenue: JP¥88.4b (down 2.9% from FY 2021). Net income: JP¥683.0m (down 17% from FY 2021). Profit margin: 0.8% (down from 0.9% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 15
Kyodo Printing Co., Ltd., Annual General Meeting, Jun 29, 2022 Kyodo Printing Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 8 highly experienced directors. No independent directors (9 non-independent directors). External Director Mika Takaoka was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Kyodo Printing Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Kyodo Printing Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥64.85 (up from JP¥46.28 in 3Q 2021). Revenue: JP¥23.5b (down 2.3% from 3Q 2021). Net income: JP¥529.0m (up 34% from 3Q 2021). Profit margin: 2.3% (up from 1.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: JP¥36.84 loss per share (vs JP¥24.23 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥20.3b (down 5.8% from 2Q 2021). Net loss: JP¥305.0m (down 247% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 December 2021. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 09
First quarter 2022 earnings released: JP¥4.95 loss per share (vs JP¥6.06 loss in 1Q 2021) The company reported a mediocre first quarter result with weaker revenues, although its control over expenses remained stable and losses reduced. First quarter 2022 results: Revenue: JP¥21.1b (down 5.6% from 1Q 2021). Net loss: JP¥41.0m (loss narrowed 21% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥96.99 (vs JP¥175 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥91.0b (down 9.7% from FY 2020). Net income: JP¥825.0m (down 45% from FY 2020). Profit margin: 0.9% (down from 1.5% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS JP¥46.26 (vs JP¥71.00 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥24.0b (down 9.1% from 3Q 2020). Net income: JP¥395.0m (down 35% from 3Q 2020). Profit margin: 1.6% (down from 2.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 28
New 90-day high: JP¥3,605 The company is up 47% from its price of JP¥2,453 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: JP¥3,230 The company is up 25% from its price of JP¥2,593 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 2.0% over the same period. Announcement • Dec 03
Kyodo Printing Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Kyodo Printing Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 02
New 90-day high: JP¥3,035 The company is up 17% from its price of JP¥2,605 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 2.0% over the same period. Announcement • Oct 10
Kyodo Printing Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Kyodo Printing Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 
