Annuncio • Aug 04
Kohnan Shoji Co., Ltd. to Report Q2, 2027 Results on Oct 13, 2026 Kohnan Shoji Co., Ltd. announced that they will report Q2, 2027 results on Oct 13, 2026 Annuncio • Jul 17
Kohnan Shoji Co., Ltd. announced that it has received ¥2.999898 billion in funding from Valor Holdings Co., Ltd. On July 16, 2026, Kohnan Shoji Co., Ltd. closed the transaction. Reported Earnings • Jul 14
First quarter 2027 earnings released: EPS: JP¥236 (vs JP¥153 in 1Q 2026) First quarter 2027 results: EPS: JP¥236 (up from JP¥153 in 1Q 2026). Revenue: JP¥146.2b (up 12% from 1Q 2026). Net income: JP¥6.66b (up 52% from 1Q 2026). Profit margin: 4.6% (up from 3.3% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Declared Dividend • Jun 12
Final dividend of JP¥70.00 announced Shareholders will receive a dividend of JP¥70.00. Ex-date: 28th August 2026 Payment date: 6th November 2026 Dividend yield will be 3.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 9 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.0% EPS decline seen over the last 5 years. Reported Earnings • Jun 03
Full year 2026 earnings released: EPS: JP¥432 (vs JP¥493 in FY 2025) Full year 2026 results: EPS: JP¥432 (down from JP¥493 in FY 2025). Revenue: JP¥519.8b (up 3.7% from FY 2025). Net income: JP¥12.3b (down 14% from FY 2025). Profit margin: 2.4% (down from 2.8% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Reported Earnings • Apr 14
Full year 2026 earnings released: EPS: JP¥432 (vs JP¥493 in FY 2025) Full year 2026 results: EPS: JP¥432 (down from JP¥493 in FY 2025). Revenue: JP¥519.8b (up 3.7% from FY 2025). Net income: JP¥12.3b (down 14% from FY 2025). Profit margin: 2.4% (down from 2.8% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Apr 13
Kohnan Shoji Co., Ltd., Annual General Meeting, May 28, 2026 Kohnan Shoji Co., Ltd., Annual General Meeting, May 28, 2026. Annuncio • Apr 04
Kohnan Shoji Co., Ltd. to Report Fiscal Year 2026 Results on Apr 13, 2026 Kohnan Shoji Co., Ltd. announced that they will report fiscal year 2026 results on Apr 13, 2026 Annuncio • Mar 31
Kohnan Shoji Co., Ltd. (TSE:7516) completed the acquisition of Alleanza Holdings Co., Ltd. (TSE:3546). Kohnan Shoji Co., Ltd. (TSE:7516) proposed to acquire an 49.45% stake in Alleanza Holdings Co., Ltd. (TSE:3546) for ¥21.9 billion on February 12, 2026. A cash consideration of ¥21.89 billion valued at ¥1465 per share will be paid by Kohnan Shoji Co., Ltd. As part of consideration, ¥21.89 billion is paid towards common equity of Alleanza Holdings Co., Ltd. Kohnan Shoji Co., Ltd. form a special committee for the acquisition.
The transaction is subject to approval of offer by target board and minimum tender. The deal has been approved by the board of Alleanza Holdings Co., Ltd. The offer period will begin on February 13, 2026, and conclude on March 30, 2026.
Daiwa Securities Co. Ltd. acted as financial advisor for Kohnan Shoji Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Kohnan Shoji Co., Ltd. Sumitomo Mitsui Banking Corporation acted as financial advisor for Alleanza Holdings Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for Alleanza Holdings Co., Ltd.
Kohnan Shoji Co., Ltd. (TSE:7516) completed the acquisition of Alleanza Holdings Co., Ltd. (TSE:3546) on March 30, 2026. As per the transaction, Kohnan Shoji Co., Ltd. acquired 38.79% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.4%). Annuncio • Feb 13
Kohnan Shoji Co., Ltd. (TSE:7516) proposed to acquire an 49.45% stake in Alleanza Holdings Co., Ltd. (TSE:3546) for ¥21.9 billion. Kohnan Shoji Co., Ltd. (TSE:7516) proposed to acquire an 49.45% stake in Alleanza Holdings Co., Ltd. (TSE:3546) for ¥21.9 billion on February 12, 2026. A cash consideration of ¥21.89 billion valued at ¥1465 per share will be paid by Kohnan Shoji Co., Ltd. As part of consideration, ¥21.89 billion is paid towards common equity of Alleanza Holdings Co., Ltd.
The transaction is subject to approval of offer by target board and minimum tender. The deal has been approved by the board of Alleanza Holdings Co., Ltd. The offer period will begin on February 13, 2026, and conclude on March 30, 2026.
Daiwa Securities Co. Ltd. acted as financial advisor for Kohnan Shoji Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Kohnan Shoji Co., Ltd. Sumitomo Mitsui Banking Corporation acted as financial advisor for Alleanza Holdings Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for Alleanza Holdings Co., Ltd. Reported Earnings • Jan 10
Third quarter 2026 earnings released: EPS: JP¥77.27 (vs JP¥85.99 in 3Q 2025) Third quarter 2026 results: EPS: JP¥77.27 (down from JP¥85.99 in 3Q 2025). Revenue: JP¥126.1b (up 3.2% from 3Q 2025). Net income: JP¥2.18b (down 12% from 3Q 2025). Profit margin: 1.7% (down from 2.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Annuncio • Dec 12
Kohnan Shoji Co., Ltd. (TSE:7516) agreed to acquire an unknown minority stake in I’nT Holdings Co., Ltd. from Ant Bridge No. 5 A Investment Business Limited Partnership managed by Ant Capital Partners Co., Ltd. Kohnan Shoji Co., Ltd. (TSE:7516) has entered into a share purchase agreement to acquire an unknown minority stake in I’nT Holdings Co., Ltd. from Ant Bridge No. 5 A Investment Business Limited Partnership managed by Ant Capital Partners Co., Ltd. on November 26, 2025.
The expected completion of the transaction is December 1, 2025 to December 31, 2025. Declared Dividend • Nov 07
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 26th February 2026 Payment date: 1st June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 73% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years. Annuncio • Nov 01
Kohnan Shoji Co., Ltd. to Report Q3, 2026 Results on Jan 09, 2026 Kohnan Shoji Co., Ltd. announced that they will report Q3, 2026 results on Jan 09, 2026 Reported Earnings • Oct 10
Second quarter 2026 earnings released: EPS: JP¥153 (vs JP¥155 in 2Q 2025) Second quarter 2026 results: EPS: JP¥153 (down from JP¥155 in 2Q 2025). Revenue: JP¥134.3b (up 2.4% from 2Q 2025). Net income: JP¥4.35b (down 2.4% from 2Q 2025). Profit margin: 3.2% (down from 3.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥65.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 06 November 2025. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Annuncio • Jul 26
Kohnan Shoji Co., Ltd. to Report Q2, 2026 Results on Oct 09, 2025 Kohnan Shoji Co., Ltd. announced that they will report Q2, 2026 results on Oct 09, 2025 Reported Earnings • Jul 13
First quarter 2026 earnings released: EPS: JP¥153 (vs JP¥163 in 1Q 2025) First quarter 2026 results: EPS: JP¥153 (down from JP¥163 in 1Q 2025). Revenue: JP¥130.8b (up 4.2% from 1Q 2025). Net income: JP¥4.37b (down 8.2% from 1Q 2025). Profit margin: 3.3% (down from 3.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Declared Dividend • Jun 18
Final dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 28th August 2025 Payment date: 6th November 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but not covered by cash flows (285% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 7.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥493 (vs JP¥474 in FY 2024) Full year 2025 results: EPS: JP¥493 (up from JP¥474 in FY 2024). Revenue: JP¥501.4b (up 6.1% from FY 2024). Net income: JP¥14.2b (up 1.1% from FY 2024). Profit margin: 2.8% (down from 3.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Annuncio • May 08
Kohnan Shoji Co., Ltd. to Report Q1, 2026 Results on Jul 10, 2025 Kohnan Shoji Co., Ltd. announced that they will report Q1, 2026 results on Jul 10, 2025 New Risk • Apr 15
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 220% Dividend yield: 2.7% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 4.4% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (220% cash payout ratio). Reported Earnings • Apr 12
Full year 2025 earnings released: EPS: JP¥493 (vs JP¥474 in FY 2024) Full year 2025 results: EPS: JP¥493 (up from JP¥474 in FY 2024). Revenue: JP¥501.4b (up 6.1% from FY 2024). Net income: JP¥14.2b (up 1.1% from FY 2024). Profit margin: 2.8% (down from 3.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Annuncio • Feb 04
Kohnan Shoji Co., Ltd. to Report Q4, 2025 Results on Apr 11, 2025 Kohnan Shoji Co., Ltd. announced that they will report Q4, 2025 results on Apr 11, 2025 Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥85.99 (vs JP¥89.24 in 3Q 2024) Third quarter 2025 results: EPS: JP¥85.99 (down from JP¥89.24 in 3Q 2024). Revenue: JP¥122.1b (up 3.6% from 3Q 2024). Net income: JP¥2.47b (down 5.9% from 3Q 2024). Profit margin: 2.0% (down from 2.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year. Declared Dividend • Nov 07
First half dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 27th February 2025 Payment date: 2nd June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 12% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 5.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Oct 26
Kohnan Shoji Co., Ltd. to Report Q3, 2025 Results on Jan 10, 2025 Kohnan Shoji Co., Ltd. announced that they will report Q3, 2025 results on Jan 10, 2025 Upcoming Dividend • Aug 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 07 November 2024. Payout ratio is a comfortable 21% and the cash payout ratio is 78%. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Buy Or Sell Opportunity • Aug 06
Now 30% overvalued Over the last 90 days, the stock has fallen 21% to JP¥3,595. The fair value is estimated to be JP¥2,757, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 3.3%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥3,280, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Total loss to shareholders of 12% over the past three years. Annuncio • Aug 01
Kohnan Shoji Co., Ltd. to Report Q2, 2025 Results on Oct 10, 2024 Kohnan Shoji Co., Ltd. announced that they will report Q2, 2025 results on Oct 10, 2024 Reported Earnings • Jul 15
First quarter 2025 earnings released: EPS: JP¥163 (vs JP¥182 in 1Q 2024) First quarter 2025 results: EPS: JP¥163 (down from JP¥182 in 1Q 2024). Revenue: JP¥125.5b (up 9.1% from 1Q 2024). Net income: JP¥4.76b (down 14% from 1Q 2024). Profit margin: 3.8% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year. Declared Dividend • Jun 06
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th August 2024 Payment date: 7th November 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (18% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 12% per year over the past 7 years and payments have been stable during that time. Earnings per share has grown by 8.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: JP¥474 (vs JP¥431 in FY 2023) Full year 2024 results: EPS: JP¥474 (up from JP¥431 in FY 2023). Revenue: JP¥472.7b (up 7.7% from FY 2023). Net income: JP¥14.1b (up 6.2% from FY 2023). Profit margin: 3.0% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annuncio • May 17
Kohnan Shoji Co., Ltd. to Report Q1, 2025 Results on Jul 11, 2024 Kohnan Shoji Co., Ltd. announced that they will report Q1, 2025 results on Jul 11, 2024 Annuncio • Apr 12
Kohnan Shoji Co., Ltd., Annual General Meeting, May 30, 2024 Kohnan Shoji Co., Ltd., Annual General Meeting, May 30, 2024. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: JP¥474 (vs JP¥431 in FY 2023) Full year 2024 results: EPS: JP¥474 (up from JP¥431 in FY 2023). Revenue: JP¥472.7b (up 7.7% from FY 2023). Net income: JP¥14.1b (up 6.2% from FY 2023). Profit margin: 3.0% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annuncio • Apr 10
Kohnan Shoji Co., Ltd. (TSE:7516) announces an Equity Buyback for 800,000 shares, representing 2.62% for ¥3,000 million. Kohnan Shoji Co., Ltd. (TSE:7516) announces an share repurchase program. Under the program the company will repurchase 800,000 shares, representing 2.62% of the outstanding shares, for ¥3,000 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program will expire on September 30, 2024. As of February 29, 2024, the company had 30,556,895 shares in issue (excluding treasury stock) and 4,125,218 shares in treasury. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥48.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Reported Earnings • Jan 13
Third quarter 2024 earnings released: EPS: JP¥89.24 (vs JP¥82.34 in 3Q 2023) Third quarter 2024 results: EPS: JP¥89.24 (up from JP¥82.34 in 3Q 2023). Revenue: JP¥117.8b (up 8.5% from 3Q 2023). Net income: JP¥2.62b (up 4.8% from 3Q 2023). Profit margin: 2.2% (down from 2.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annuncio • Nov 01
Kohnan Shoji Co., Ltd. to Report Q3, 2024 Results on Jan 11, 2024 Kohnan Shoji Co., Ltd. announced that they will report Q3, 2024 results on Jan 11, 2024 Reported Earnings • Oct 12
Second quarter 2024 earnings released: EPS: JP¥160 (vs JP¥116 in 2Q 2023) Second quarter 2024 results: EPS: JP¥160 (up from JP¥116 in 2Q 2023). Revenue: JP¥123.1b (up 11% from 2Q 2023). Net income: JP¥4.73b (up 33% from 2Q 2023). Profit margin: 3.8% (up from 3.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥47.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 08 November 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.4%). Annuncio • Aug 03
Kohnan Shoji Co., Ltd. to Report Q2, 2024 Results on Oct 11, 2023 Kohnan Shoji Co., Ltd. announced that they will report Q2, 2024 results on Oct 11, 2023 Reported Earnings • Jul 16
First quarter 2024 earnings released: EPS: JP¥182 (vs JP¥159 in 1Q 2023) First quarter 2024 results: EPS: JP¥182 (up from JP¥159 in 1Q 2023). Revenue: JP¥115.1b (up 3.3% from 1Q 2023). Net income: JP¥5.52b (up 11% from 1Q 2023). Profit margin: 4.8% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • May 30
Full year 2023 earnings released: EPS: JP¥431 (vs JP¥489 in FY 2022) Full year 2023 results: EPS: JP¥431 (down from JP¥489 in FY 2022). Revenue: JP¥439.0b (flat on FY 2022). Net income: JP¥13.2b (down 15% from FY 2022). Profit margin: 3.0% (down from 3.5% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Annuncio • May 04
Kohnan Shoji Co., Ltd. to Report Q1, 2024 Results on Jul 11, 2023 Kohnan Shoji Co., Ltd. announced that they will report Q1, 2024 results on Jul 11, 2023 Reported Earnings • Apr 13
Full year 2023 earnings released: EPS: JP¥431 (vs JP¥489 in FY 2022) Full year 2023 results: EPS: JP¥431 (down from JP¥489 in FY 2022). Revenue: JP¥439.0b (flat on FY 2022). Net income: JP¥13.2b (down 15% from FY 2022). Profit margin: 3.0% (down from 3.5% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥45.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Annuncio • Feb 03
Kohnan Shoji Co., Ltd. to Report Fiscal Year 2023 Results on Apr 11, 2023 Kohnan Shoji Co., Ltd. announced that they will report fiscal year 2023 results on Apr 11, 2023 Reported Earnings • Jan 12
Third quarter 2023 earnings released: EPS: JP¥82.34 (vs JP¥115 in 3Q 2022) Third quarter 2023 results: EPS: JP¥82.34 (down from JP¥115 in 3Q 2022). Revenue: JP¥108.6b (flat on 3Q 2022). Net income: JP¥2.50b (down 31% from 3Q 2022). Profit margin: 2.3% (down from 3.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Nov 03
Kohnan Shoji Co., Ltd. to Report Q3, 2023 Results on Jan 11, 2023 Kohnan Shoji Co., Ltd. announced that they will report Q3, 2023 results on Jan 11, 2023 Reported Earnings • Oct 13
Second quarter 2023 earnings released: EPS: JP¥116 (vs JP¥134 in 2Q 2022) Second quarter 2023 results: EPS: JP¥116 (down from JP¥134 in 2Q 2022). Revenue: JP¥110.8b (down 1.1% from 2Q 2022). Net income: JP¥3.55b (down 18% from 2Q 2022). Profit margin: 3.2% (down from 3.8% in 2Q 2022). 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. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 09 November 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%). Annuncio • Aug 03
Kohnan Shoji Co., Ltd. to Report Q2, 2023 Results on Oct 11, 2022 Kohnan Shoji Co., Ltd. announced that they will report Q2, 2023 results on Oct 11, 2022 Reported Earnings • Jul 13
First quarter 2023 earnings released: EPS: JP¥159 (vs JP¥179 in 1Q 2022) First quarter 2023 results: EPS: JP¥159 (down from JP¥179 in 1Q 2022). Revenue: JP¥111.4b (down 2.8% from 1Q 2022). Net income: JP¥4.97b (down 14% from 1Q 2022). Profit margin: 4.5% (down from 5.1% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Annuncio • Jun 08
Kohnan Shoji Co. Ordinary Shares Deleted from OTC Equity Kohnan Shoji Co., Ltd. Ordinary Shares (Japan) has been Deleted from OTC Equity effective from June 06, 2022, due to Inactive Security. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥489 (vs JP¥561 in FY 2021) Full year 2022 results: EPS: JP¥489 (down from JP¥561 in FY 2021). Revenue: JP¥441.2b (flat on FY 2021). Net income: JP¥15.6b (down 16% from FY 2021). Profit margin: 3.5% (down from 4.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year. 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. 6 experienced directors. 6 highly experienced directors. No independent directors (12 non-independent directors). Senior Executive Officer & Director Yukio Narita was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annuncio • Apr 13
Kohnan Shoji Co., Ltd., Annual General Meeting, May 26, 2022 Kohnan Shoji Co., Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: JP¥489 (vs JP¥561 in FY 2021) Full year 2022 results: EPS: JP¥489 (down from JP¥561 in FY 2021). Revenue: JP¥441.2b (flat on FY 2021). Net income: JP¥15.6b (down 16% from FY 2021). Profit margin: 3.5% (down from 4.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Annuncio • Apr 12
Kohnan Shoji Co., Ltd. (TSE:7516) announces an Equity Buyback for 1,200,000 shares, representing 3.69% for ¥4,000 million. Kohnan Shoji Co., Ltd. (TSE:7516) announces an share repurchase program. Under the program the company will repurchase 1,200,000 shares, representing 3.69% of the outstanding shares, for ¥4,000 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program will expire on September 30, 2022. As of February 28, 2022, the company had 32,483,895 shares in issue excluding treasury stock) and 2,198,218 shares in treasury. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 28 May 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Annuncio • Feb 02
Kohnan Shoji Co., Ltd. to Report Fiscal Year 2022 Results on Apr 11, 2022 Kohnan Shoji Co., Ltd. announced that they will report fiscal year 2022 results on Apr 11, 2022 Reported Earnings • Jan 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥115 (up from JP¥84.69 in 3Q 2021). Revenue: JP¥108.7b (up 2.5% from 3Q 2021). Net income: JP¥3.60b (up 31% from 3Q 2021). Profit margin: 3.3% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 12
Second quarter 2022 earnings released: EPS JP¥134 (vs JP¥168 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥112.0b (down 3.2% from 2Q 2021). Net income: JP¥4.30b (down 24% from 2Q 2021). Profit margin: 3.8% (down from 4.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 02
Kohnan Shoji Co., Ltd. (TSE:7516) agreed to acquire Maintenance and Repair Business of Housing Equipment from Panasonic PROIE Service Co., Ltd. Kohnan Shoji Co., Ltd. (TSE:7516) agreed to acquire Maintenance and Repair Business of Housing Equipment from Panasonic PROIE Service Co., Ltd. on September 1, 2021. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥32.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 10 November 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.4%). Reported Earnings • Jul 15
First quarter 2022 earnings released: EPS JP¥179 (vs JP¥205 in 1Q 2021) The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥114.6b (flat on 1Q 2021). Net income: JP¥5.82b (down 18% from 1Q 2021). Profit margin: 5.1% (down from 6.2% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥3,810, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years. Reported Earnings • Jun 02
Full year 2021 earnings released: EPS JP¥561 (vs JP¥343 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥442.1b (up 18% from FY 2020). Net income: JP¥18.6b (up 58% from FY 2020). Profit margin: 4.2% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS JP¥561 (vs JP¥343 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥442.1b (up 18% from FY 2020). Net income: JP¥18.6b (up 58% from FY 2020). Profit margin: 4.2% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 18
Upcoming Dividend of JP¥29.00 Per Share Will be paid on the 29th of May to those who are registered shareholders by the 25th of February. The trailing yield of 1.9% is below the top quartile of Japanese dividend payers (2.8%), but it is higher than industry peers (1.0%). Annuncio • Feb 04
Kohnan Shoji Co., Ltd. to Report Fiscal Year 2021 Results on Apr 12, 2021 Kohnan Shoji Co., Ltd. announced that they will report fiscal year 2021 results on Apr 12, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: JP¥2,851 The company is down 20% from its price of JP¥3,565 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 10.0% over the same period.