View ValuationKYB 将来の成長Future 基準チェック /06KYBの収益は年間0.9%で減少すると予測されていますが、年間収益は年間3.8%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に10.6% 0.6%なると予測されています。主要情報-0.9%収益成長率0.59%EPS成長率Auto Components 収益成長10.4%収益成長率3.8%将来の株主資本利益率10.60%アナリストカバレッジLow最終更新日20 Mar 2026今後の成長に関する最新情報Price Target Changed • Mar 20Price target increased by 22% to JP¥5,400Up from JP¥4,410, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥4,290. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥644 for next year compared to JP¥281 last year.Major Estimate Revision • Jan 24Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥450.0b to JP¥470.0b. EPS estimate increased from JP¥467 to JP¥602 per share. Net income forecast to shrink 7.8% next year vs 7.2% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,410 to JP¥4,680. Share price was steady at JP¥4,630 over the past week.Price Target Changed • Oct 09Price target increased by 39% to JP¥4,410Up from JP¥3,180, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥3,945. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥467 for next year compared to JP¥281 last year.Price Target Changed • Jan 27Price target increased by 16% to JP¥3,080Up from JP¥2,665, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of JP¥2,913. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥411 for next year compared to JP¥295 last year.Major Estimate Revision • Apr 17Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥470.0b to JP¥440.0b. EPS estimate also fell from JP¥815 per share to JP¥630 per share. Net income forecast to shrink 14% next year vs 8.6% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥5,330 to JP¥5,500. Share price was steady at JP¥5,150 over the past week.Major Estimate Revision • Jul 26Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥911 to JP¥815. Revenue forecast unchanged from JP¥470.0b at last update. Net income forecast to shrink 17% next year vs 26% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,830 to JP¥5,330. Share price was steady at JP¥4,990 over the past week.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥3,940, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Auto Components industry in Japan. Total returns to shareholders of 91% over the past three years.お知らせ • May 14KYB Corporation, Annual General Meeting, Jun 24, 2026KYB Corporation, Annual General Meeting, Jun 24, 2026.Reported Earnings • May 14Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥653 (up from JP¥281 in FY 2025). Revenue: JP¥481.5b (up 9.9% from FY 2025). Net income: JP¥29.0b (up 108% from FY 2025). Profit margin: 6.0% (up from 3.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 10KYB Corporation to Report Fiscal Year 2026 Results on May 13, 2026KYB Corporation announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Price Target Changed • Mar 20Price target increased by 22% to JP¥5,400Up from JP¥4,410, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥4,290. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥644 for next year compared to JP¥281 last year.Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥183 (vs JP¥71.64 in 3Q 2025)Third quarter 2026 results: EPS: JP¥183 (up from JP¥71.64 in 3Q 2025). Revenue: JP¥123.2b (up 13% from 3Q 2025). Net income: JP¥7.96b (up 78% from 3Q 2025). Profit margin: 6.5% (up from 4.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 12KYB Corporation (TSE:7242) announces an Equity Buyback for 3,240,000 shares, representing 7.51% for ¥13,410.36 million.KYB Corporation (TSE:7242) announces a share repurchase program. Under the program, the company will repurchase up to 3,240,000 shares, representing 7.51% of its share capital, for ¥13,410.36 million. The shares will be repurchased at ¥4,139 per share. The company will repurchase 2,938,834 shares from Toyota Motor Corporation (TSE:7203). The company will repurchase its shares in order to implement flexible capital and dividend policies. The purpose of the offer is flexible implementation of dividend and capital policies. If the offer is oversubscribed the company may repurchase up to additional 100 shares. The offer will be valid till March 16, 2026. As of December 31, 2025, the company had 43,169,665 shares outstanding (excluding treasury shares) and 7,298,997 shares in treasury.Major Estimate Revision • Jan 24Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥450.0b to JP¥470.0b. EPS estimate increased from JP¥467 to JP¥602 per share. Net income forecast to shrink 7.8% next year vs 7.2% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,410 to JP¥4,680. Share price was steady at JP¥4,630 over the past week.分析記事 • Jan 16KYB (TSE:7242) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Dec 27KYB Corporation to Report Q3, 2026 Results on Feb 12, 2026KYB Corporation announced that they will report Q3, 2026 results on Feb 12, 2026New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.5% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change).Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: JP¥114 (vs JP¥20.77 in 2Q 2025)Second quarter 2026 results: EPS: JP¥114 (up from JP¥20.77 in 2Q 2025). Revenue: JP¥116.9b (up 12% from 2Q 2025). Net income: JP¥5.00b (up 381% from 2Q 2025). Profit margin: 4.3% (up from 1.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.分析記事 • Nov 09Improved Earnings Required Before KYB Corporation (TSE:7242) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 8.6x KYB Corporation ( TSE:7242 ) may be sending bullish signals at the...Price Target Changed • Oct 09Price target increased by 39% to JP¥4,410Up from JP¥3,180, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥3,945. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥467 for next year compared to JP¥281 last year.お知らせ • Oct 01KYB Corporation to Report Q2, 2026 Results on Nov 12, 2025KYB Corporation announced that they will report Q2, 2026 results on Nov 12, 2025お知らせ • Sep 26KYB Corporation (TSE:7242) announces an Equity Buyback for 740,030 shares, representing 1.64% for ¥2,989.72 million.KYB Corporation (TSE:7242) announces a share repurchase program. Under the program, the company will repurchase up to 740,030 shares, representing 1.64% of its issued share capital, for ¥2,989.72 million. The shares will be purchased on September 26, 2025. As of August 31, 2025, the company 50,468,662 outstanding shares (excluding treasury stock) and 5,364,377 treasury shares.Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).分析記事 • Sep 08KYB (TSE:7242) Seems To Use Debt Rather SparinglyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥262 (vs JP¥73.32 in 1Q 2025)First quarter 2026 results: EPS: JP¥262 (up from JP¥73.32 in 1Q 2025). Revenue: JP¥113.9b (up 4.8% from 1Q 2025). Net income: JP¥12.1b (up 230% from 1Q 2025). Profit margin: 11% (up from 3.4% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.分析記事 • Aug 06A Piece Of The Puzzle Missing From KYB Corporation's (TSE:7242) Share PriceTSE:7242 1 Year Share Price vs Fair Value Explore KYB's Fair Values from the Community and select yours When close to...Buy Or Sell Opportunity • Aug 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to JP¥3,350. The fair value is estimated to be JP¥2,781, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Board Change • Jul 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director & Senior Managing Executive Officer Tomoki Takaoka was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 07KYB Corporation to Report Q1, 2026 Results on Aug 07, 2025KYB Corporation announced that they will report Q1, 2026 results on Aug 07, 2025Reported Earnings • Jun 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥281 (down from JP¥295 in FY 2024). Revenue: JP¥438.3b (down 1.0% from FY 2024). Net income: JP¥14.0b (down 6.2% from FY 2024). Profit margin: 3.2% (down from 3.4% in FY 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.分析記事 • Jun 21The KYB Corporation (TSE:7242) Analyst Just Cut Their Revenue Forecast By 10.0%The latest analyst coverage could presage a bad day for KYB Corporation ( TSE:7242 ), with the covering analyst making...Buy Or Sell Opportunity • May 27Now 24% undervaluedOver the last 90 days, the stock has risen 5.5% to JP¥3,040. The fair value is estimated to be JP¥4,021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.Reported Earnings • May 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥300 (up from JP¥295 in FY 2024). Revenue: JP¥438.3b (down 1.0% from FY 2024). Net income: JP¥14.9b (flat on FY 2024). Profit margin: 3.4% (in line with FY 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. 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 29% per year, which means it is well ahead of earnings.お知らせ • May 12KYB Corporation, Annual General Meeting, Jun 24, 2025KYB Corporation, Annual General Meeting, Jun 24, 2025.お知らせ • Mar 27+ 1 more updateKYB Corporation (TSE:7242) completed the acquisition of 84.28% stake in Chita Kogyo Co., Ltd. (NSE:5993) from a group of sellers.KYB Corporation (TSE:7242) proposed to acquire remaining 88.4% stake in Chita Kogyo Co., Ltd. (NSE:5993) from group of sellers for ¥17 billion on November 11, 2024. A cash consideration valued at ¥2010 per share will be paid by KYB Corporation. The deal is subject to minimum tender. As of January 28, 2025, the Japan Fair Trade Commission has approved the transaction under the Antimonopoly Act. The tender offer will commence around early February 2025. The Board of Directors of Chita Kogyo Co., Ltd. formed a special committee for the transaction. Tender offer period is February 7, 2025 to March 25, 2025. Mizuho Securities Co., Ltd. acted as financial advisor for KYB Corporation. Nishimura & Asahi acted as legal advisor for KYB Corporation. PwC Advisory LLC acted as financial advisor for KYB Corporation. PwC Tax Japan acted as accountant for KYB Corporation. SMBC Nikko Securities Inc. acted as financial advisor for Chita Kogyo Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Chita Kogyo Co., Ltd. Tokyo Kyodo Accounting Office Co., Ltd. acted as accountant for Chita Kogyo Co., Ltd. E&E Solutions Inc. acted as environmental advisor for KYB Corporation. KYB Corporation (TSE:7242) completed the acquisition of 84.28% stake in Chita Kogyo Co., Ltd. (NSE:5993) from a group of sellers on March 25, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%).Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥89.61 (vs JP¥50.91 in 3Q 2024)Third quarter 2025 results: EPS: JP¥89.61 (up from JP¥50.91 in 3Q 2024). Revenue: JP¥109.4b (down 1.3% from 3Q 2024). Net income: JP¥4.47b (up 75% from 3Q 2024). Profit margin: 4.1% (up from 2.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.Price Target Changed • Jan 27Price target increased by 16% to JP¥3,080Up from JP¥2,665, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of JP¥2,913. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥411 for next year compared to JP¥295 last year.お知らせ • Jan 09KYB Corporation to Report Q3, 2025 Results on Feb 12, 2025KYB Corporation announced that they will report Q3, 2025 results on Feb 12, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥60.30 (vs JP¥113 in 2Q 2024)Second quarter 2025 results: EPS: JP¥60.30 (down from JP¥113 in 2Q 2024). Revenue: JP¥104.7b (down 5.4% from 2Q 2024). Net income: JP¥1.51b (down 47% from 2Q 2024). Profit margin: 1.4% (down from 2.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.お知らせ • Nov 12KYB Corporation (TSE:7242) announces an Equity Buyback for 4,600,000 shares, representing 18.37% for ¥20,000 million.KYB Corporation (TSE:7242) announces a share repurchase program. Under the program, the company will repurchase up to 4,600,000 shares, representing 18.37% of its issued share capital, for ¥20,000 million. The purpose of the program is to strengthen shareholder returns and respond to changes in the business environment. The program is valid till November 28, 2025. As of September 30, 2024, the company 25,042,705 outstanding shares (excluding treasury stock) and 191,626 treasury shares. On November 11, 2024, the company announced that it plans to split its common shares at a ratio of 2 shares for every 1 share on December 3, 2024, and after the effective date of the stock split, the total number of shares that may be acquired will be 9,200,000 shares.お知らせ • Nov 11KYB Corporation (TSE:7242) proposed to acquire an additional 88.4% stake in Chita Kogyo Co., Ltd. (NSE:5993) from group of sellers for ¥17.0 billion in a tender offer transaction.KYB Corporation (TSE:7242) proposed to acquire an additional 88.4% stake in Chita Kogyo Co., Ltd. (NSE:5993) from group of sellers for ¥17.0 billion in a tender offer transaction on November 11, 2024. A cash consideration valued at ¥2010 per share will be paid by KYB Corporation. The Board of Directors of Chita Kogyo Co., Ltd. formed a special committee for the transaction. Mizuho Securities Co., Ltd. acted as financial advisor for KYB Corporation. Nishimura & Asahi acted as legal advisor for KYB Corporation. PwC Advisory LLC acted as financial advisor for KYB Corporation. PwC Tax Japan acted as accountant for KYB Corporation. SMBC Nikko Securities Inc. acted as financial advisor for Chita Kogyo Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Chita Kogyo Co., Ltd. Tokyo Kyodo Accounting Office Co., Ltd. acted as accountant for Chita Kogyo Co., Ltd.お知らせ • Sep 27KYB Corporation to Report Q2, 2025 Results on Nov 11, 2024KYB Corporation announced that they will report Q2, 2025 results on Nov 11, 2024Upcoming Dividend • Sep 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 36% and the cash payout ratio is 85%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥4,305, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 49% over the past three years.お知らせ • Jul 05KYB Corporation to Report Q1, 2025 Results on Aug 08, 2024KYB Corporation announced that they will report Q1, 2025 results on Aug 08, 2024お知らせ • May 15KYB Corporation, Annual General Meeting, Jun 25, 2024KYB Corporation, Annual General Meeting, Jun 25, 2024.Reported Earnings • May 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥627 (down from JP¥1,028 in FY 2023). Revenue: JP¥442.8b (up 2.7% from FY 2023). Net income: JP¥15.8b (down 40% from FY 2023). Profit margin: 3.6% (down from 6.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. 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.Major Estimate Revision • Apr 17Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥470.0b to JP¥440.0b. EPS estimate also fell from JP¥815 per share to JP¥630 per share. Net income forecast to shrink 14% next year vs 8.6% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥5,330 to JP¥5,500. Share price was steady at JP¥5,150 over the past week.お知らせ • Mar 28KYB Corporation to Report Fiscal Year 2024 Results on May 10, 2024KYB Corporation announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.6%).Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥130 (vs JP¥162 in 3Q 2023)Third quarter 2024 results: EPS: JP¥130 (down from JP¥162 in 3Q 2023). Revenue: JP¥110.8b (up 3.6% from 3Q 2023). Net income: JP¥3.26b (down 21% from 3Q 2023). Profit margin: 2.9% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 11KYB Corporation to Report Q3, 2024 Results on Feb 08, 2024KYB Corporation announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥123 (vs JP¥210 in 2Q 2023)Second quarter 2024 results: EPS: JP¥123 (down from JP¥210 in 2Q 2023). Revenue: JP¥110.6b (up 1.1% from 2Q 2023). Net income: JP¥3.10b (down 42% from 2Q 2023). Profit margin: 2.8% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30KYB Corporation to Report Q2, 2024 Results on Nov 07, 2023KYB Corporation announced that they will report Q2, 2024 results on Nov 07, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥100.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥198 (vs JP¥187 in 1Q 2023)First quarter 2024 results: EPS: JP¥198 (up from JP¥187 in 1Q 2023). Revenue: JP¥107.3b (up 6.8% from 1Q 2023). Net income: JP¥5.07b (up 6.1% from 1Q 2023). Profit margin: 4.7% (down from 4.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 26Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥911 to JP¥815. Revenue forecast unchanged from JP¥470.0b at last update. Net income forecast to shrink 17% next year vs 26% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,830 to JP¥5,330. Share price was steady at JP¥4,990 over the past week.Price Target Changed • Jul 25Price target increased by 16% to JP¥5,330Up from JP¥4,580, the current price target is provided by 1 analyst. New target price is 5.5% above last closing price of JP¥5,050. Stock is up 59% over the past year. The company is forecast to post earnings per share of JP¥815 for next year compared to JP¥1,028 last year.Board Change • Jul 23High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Senior Managing Executive Officer, CFO & Director Takashi Saito was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 30KYB Corporation to Report Q1, 2024 Results on Aug 04, 2023KYB Corporation announced that they will report Q1, 2024 results on Aug 04, 2023Reported Earnings • May 13Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥1,065 (up from JP¥883 in FY 2022). Revenue: JP¥431.2b (up 11% from FY 2022). Net income: JP¥27.2b (up 21% from FY 2022). Profit margin: 6.3% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥171 (vs JP¥299 in 3Q 2022)Third quarter 2023 results: EPS: JP¥171 (down from JP¥299 in 3Q 2022). Revenue: JP¥106.9b (up 6.7% from 3Q 2022). Net income: JP¥4.37b (down 43% from 3Q 2022). Profit margin: 4.1% (down from 7.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Japan. 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 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 22KYB Corporation to Report Q3, 2023 Results on Feb 08, 2023KYB Corporation announced that they will report Q3, 2023 results on Feb 08, 2023Major Estimate Revision • Jan 20Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥430.0b to JP¥450.0b. EPS estimate increased from JP¥707 to JP¥824 per share. Net income forecast to shrink 1.4% next year vs 19% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,580 to JP¥4,830. Share price rose 5.2% to JP¥3,535 over the past week.Price Target Changed • Jan 19Price target increased to JP¥4,830Up from JP¥4,450, the current price target is provided by 1 analyst. New target price is 38% above last closing price of JP¥3,490. Stock is up 12% over the past year. The company is forecast to post earnings per share of JP¥824 for next year compared to JP¥883 last year.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent External Director Akemi Sunaga was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥228 (vs JP¥180 in 2Q 2022)Second quarter 2023 results: EPS: JP¥228 (up from JP¥180 in 2Q 2022). Revenue: JP¥109.5b (up 20% from 2Q 2022). Net income: JP¥5.83b (up 27% from 2Q 2022). Profit margin: 5.3% (up from 5.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥196 (vs JP¥183 in 1Q 2022)First quarter 2023 results: EPS: JP¥196 (up from JP¥183 in 1Q 2022). Revenue: JP¥100.4b (up 5.8% from 1Q 2022). Net income: JP¥5.01b (up 7.3% from 1Q 2022). Profit margin: 5.0% (up from 4.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥883 (up from JP¥669 in FY 2021). Revenue: JP¥388.4b (up 18% from FY 2021). Net income: JP¥22.5b (up 32% from FY 2021). Profit margin: 5.8% (up from 5.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Masakazu Sakata was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.0%).Reported Earnings • Feb 09Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥308 (up from JP¥270 in 3Q 2021). Revenue: JP¥100.3b (up 10% from 3Q 2021). Net income: JP¥7.87b (up 14% from 3Q 2021). Profit margin: 7.9% (up from 7.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 3,318%. Over the next year, revenue is forecast to grow 2.8%, compared to a 8.9% growth forecast for the industry in Japan. 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 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥189 (vs JP¥2.74 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥91.0b (up 16% from 2Q 2021). Net income: JP¥4.82b (up JP¥4.75b from 2Q 2021). Profit margin: 5.3% (up from 0.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥183 (vs JP¥150 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥94.9b (up 57% from 1Q 2021). Net income: JP¥4.68b (up JP¥8.51b from 1Q 2021). Profit margin: 4.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥3,755, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Auto Components industry in Japan. Total loss to shareholders of 30% over the past three years.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥669 (vs JP¥2,423 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥328.0b (down 14% from FY 2020). Net income: JP¥17.1b (up JP¥79.0b from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Price Target Changed • May 14Price target increased to JP¥4,300Up from JP¥2,400, the current price target is provided by 1 analyst. New target price is 16% above last closing price of JP¥3,710. Stock is up 73% over the past year.Is New 90 Day High Low • Mar 16New 90-day high: JP¥3,255The company is up 26% from a price of JP¥2,576 on 16 December 2020. Outperformed the Japanese market which is up 10.0% over the last 90 days. Exceeded the Auto Components industry, which is up 21% over the same period.Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥270 (vs JP¥349 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥91.0b (down 1.0% from 3Q 2020). Net income: JP¥6.89b (up JP¥15.8b from 3Q 2020). Profit margin: 7.6% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) also surpassed analyst estimates by 360%. Over the next year, revenue is forecast to stay flat compared to a 8.7% growth forecast for the Auto Components industry in Japan.Is New 90 Day High Low • Feb 10New 90-day high: JP¥3,110The company is up 24% from its price of JP¥2,514 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 19% over the same period.Price Target Changed • Dec 01Price target raised to JP¥2,350Up from JP¥1,900, the current price target is provided by 1 analyst. The new target price is 8.1% below the current share price of JP¥2,558. As of last close, the stock is down 23% over the past year.お知らせ • Oct 16KYB Corporation to Report Q2, 2021 Results on Nov 06, 2020KYB Corporation announced that they will report Q2, 2021 results on Nov 06, 2020業績と収益の成長予測TSE:7242 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2028520,00027,600-84522,15513/31/2027500,00025,70032,78556,78513/31/2026481,52928,098-2,80619,506N/A12/31/2025469,48329,40320,54542,920N/A9/30/2025455,66625,91323,60545,085N/A6/30/2025443,51522,18926,55845,847N/A3/31/2025438,31613,96126,79843,847N/A12/31/2024436,87314,0458,79234,646N/A9/30/2024438,33211,89110,67237,250N/A6/30/2024444,25913,7156,96732,836N/A3/31/2024442,78114,88015,24939,861N/A12/31/2023443,12422,25725,50838,876N/A9/30/2023439,22523,83928,19939,924N/A6/30/2023438,06426,33122,89034,887N/A3/31/2023431,20526,27212,29023,914N/A12/31/2022419,04319,92315,86727,162N/A9/30/2022412,36423,4259,92520,746N/A6/30/2022393,85022,65510,71020,670N/A3/31/2022388,36022,54914,95124,247N/A12/31/2021384,39530,8459,23518,034N/A9/30/2021375,09430,10218,09527,215N/A6/30/2021362,53925,58613,42723,257N/A3/31/2021328,03717,0879,57820,826N/A12/31/2020321,817-51,503-5,7108,062N/A9/30/2020322,771-67,302-20,795-4,987N/A6/30/2020340,358-67,488-21,991-3,284N/A3/31/2020381,584-61,879-25,667-4,999N/A12/31/2019394,848-16,241N/A2,496N/A9/30/2019407,063-11,119N/A8,630N/A6/30/2019411,720-26,604N/A15,002N/A3/31/2019412,214-24,757N/A17,047N/A12/31/2018411,002-12,469N/A24,936N/A9/30/2018406,291-4,009N/A25,082N/A6/30/2018401,01814,577N/A26,490N/A3/31/2018392,39415,202N/A29,252N/A12/31/2017382,60816,854N/A29,539N/A9/30/2017371,27916,168N/A31,148N/A6/30/2017361,05315,089N/A29,612N/A3/31/2017355,31614,544N/A31,153N/A12/31/2016351,4417,879N/AN/AN/A9/30/2016348,4845,846N/A16,699N/A6/30/2016352,559-2,541N/AN/AN/A3/31/2016355,320-3,161N/A19,958N/A12/31/2015362,134-2,579N/AN/AN/A9/30/2015368,584-3,172N/A27,035N/A6/30/2015370,8316,153N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 7242の収益は今後 3 年間で減少すると予測されています (年間-0.9% )。収益対市場: 7242の収益は今後 3 年間で減少すると予測されています (年間-0.9% )。高成長収益: 7242の収益は今後 3 年間で減少すると予測されています。収益対市場: 7242の収益 ( 3.8% ) JP市場 ( 5.9% ) よりも低い成長が予測されています。高い収益成長: 7242の収益 ( 3.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 7242の 自己資本利益率 は、3年後には低くなると予測されています ( 10.6 %)。成長企業の発掘7D1Y7D1Y7D1YAutomobiles 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/12 08:40終値2026/06/12 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋KYB Corporation 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Sho FukuharaHaitong International Research LimitedSho FukuharaJefferies LLCHisahiro YamaokaNomura Securities Co. Ltd.1 その他のアナリストを表示
Price Target Changed • Mar 20Price target increased by 22% to JP¥5,400Up from JP¥4,410, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥4,290. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥644 for next year compared to JP¥281 last year.
Major Estimate Revision • Jan 24Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥450.0b to JP¥470.0b. EPS estimate increased from JP¥467 to JP¥602 per share. Net income forecast to shrink 7.8% next year vs 7.2% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,410 to JP¥4,680. Share price was steady at JP¥4,630 over the past week.
Price Target Changed • Oct 09Price target increased by 39% to JP¥4,410Up from JP¥3,180, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥3,945. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥467 for next year compared to JP¥281 last year.
Price Target Changed • Jan 27Price target increased by 16% to JP¥3,080Up from JP¥2,665, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of JP¥2,913. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥411 for next year compared to JP¥295 last year.
Major Estimate Revision • Apr 17Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥470.0b to JP¥440.0b. EPS estimate also fell from JP¥815 per share to JP¥630 per share. Net income forecast to shrink 14% next year vs 8.6% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥5,330 to JP¥5,500. Share price was steady at JP¥5,150 over the past week.
Major Estimate Revision • Jul 26Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥911 to JP¥815. Revenue forecast unchanged from JP¥470.0b at last update. Net income forecast to shrink 17% next year vs 26% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,830 to JP¥5,330. Share price was steady at JP¥4,990 over the past week.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥3,940, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Auto Components industry in Japan. Total returns to shareholders of 91% over the past three years.
お知らせ • May 14KYB Corporation, Annual General Meeting, Jun 24, 2026KYB Corporation, Annual General Meeting, Jun 24, 2026.
Reported Earnings • May 14Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥653 (up from JP¥281 in FY 2025). Revenue: JP¥481.5b (up 9.9% from FY 2025). Net income: JP¥29.0b (up 108% from FY 2025). Profit margin: 6.0% (up from 3.2% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 10KYB Corporation to Report Fiscal Year 2026 Results on May 13, 2026KYB Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Price Target Changed • Mar 20Price target increased by 22% to JP¥5,400Up from JP¥4,410, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥4,290. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥644 for next year compared to JP¥281 last year.
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥183 (vs JP¥71.64 in 3Q 2025)Third quarter 2026 results: EPS: JP¥183 (up from JP¥71.64 in 3Q 2025). Revenue: JP¥123.2b (up 13% from 3Q 2025). Net income: JP¥7.96b (up 78% from 3Q 2025). Profit margin: 6.5% (up from 4.1% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 12KYB Corporation (TSE:7242) announces an Equity Buyback for 3,240,000 shares, representing 7.51% for ¥13,410.36 million.KYB Corporation (TSE:7242) announces a share repurchase program. Under the program, the company will repurchase up to 3,240,000 shares, representing 7.51% of its share capital, for ¥13,410.36 million. The shares will be repurchased at ¥4,139 per share. The company will repurchase 2,938,834 shares from Toyota Motor Corporation (TSE:7203). The company will repurchase its shares in order to implement flexible capital and dividend policies. The purpose of the offer is flexible implementation of dividend and capital policies. If the offer is oversubscribed the company may repurchase up to additional 100 shares. The offer will be valid till March 16, 2026. As of December 31, 2025, the company had 43,169,665 shares outstanding (excluding treasury shares) and 7,298,997 shares in treasury.
Major Estimate Revision • Jan 24Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥450.0b to JP¥470.0b. EPS estimate increased from JP¥467 to JP¥602 per share. Net income forecast to shrink 7.8% next year vs 7.2% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,410 to JP¥4,680. Share price was steady at JP¥4,630 over the past week.
分析記事 • Jan 16KYB (TSE:7242) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Dec 27KYB Corporation to Report Q3, 2026 Results on Feb 12, 2026KYB Corporation announced that they will report Q3, 2026 results on Feb 12, 2026
New Risk • Nov 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.5% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change).
Reported Earnings • Nov 14Second quarter 2026 earnings released: EPS: JP¥114 (vs JP¥20.77 in 2Q 2025)Second quarter 2026 results: EPS: JP¥114 (up from JP¥20.77 in 2Q 2025). Revenue: JP¥116.9b (up 12% from 2Q 2025). Net income: JP¥5.00b (up 381% from 2Q 2025). Profit margin: 4.3% (up from 1.0% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
分析記事 • Nov 09Improved Earnings Required Before KYB Corporation (TSE:7242) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 8.6x KYB Corporation ( TSE:7242 ) may be sending bullish signals at the...
Price Target Changed • Oct 09Price target increased by 39% to JP¥4,410Up from JP¥3,180, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥3,945. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥467 for next year compared to JP¥281 last year.
お知らせ • Oct 01KYB Corporation to Report Q2, 2026 Results on Nov 12, 2025KYB Corporation announced that they will report Q2, 2026 results on Nov 12, 2025
お知らせ • Sep 26KYB Corporation (TSE:7242) announces an Equity Buyback for 740,030 shares, representing 1.64% for ¥2,989.72 million.KYB Corporation (TSE:7242) announces a share repurchase program. Under the program, the company will repurchase up to 740,030 shares, representing 1.64% of its issued share capital, for ¥2,989.72 million. The shares will be purchased on September 26, 2025. As of August 31, 2025, the company 50,468,662 outstanding shares (excluding treasury stock) and 5,364,377 treasury shares.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.0%).
分析記事 • Sep 08KYB (TSE:7242) Seems To Use Debt Rather SparinglyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥262 (vs JP¥73.32 in 1Q 2025)First quarter 2026 results: EPS: JP¥262 (up from JP¥73.32 in 1Q 2025). Revenue: JP¥113.9b (up 4.8% from 1Q 2025). Net income: JP¥12.1b (up 230% from 1Q 2025). Profit margin: 11% (up from 3.4% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
分析記事 • Aug 06A Piece Of The Puzzle Missing From KYB Corporation's (TSE:7242) Share PriceTSE:7242 1 Year Share Price vs Fair Value Explore KYB's Fair Values from the Community and select yours When close to...
Buy Or Sell Opportunity • Aug 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to JP¥3,350. The fair value is estimated to be JP¥2,781, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Board Change • Jul 22High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director & Senior Managing Executive Officer Tomoki Takaoka was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 07KYB Corporation to Report Q1, 2026 Results on Aug 07, 2025KYB Corporation announced that they will report Q1, 2026 results on Aug 07, 2025
Reported Earnings • Jun 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥281 (down from JP¥295 in FY 2024). Revenue: JP¥438.3b (down 1.0% from FY 2024). Net income: JP¥14.0b (down 6.2% from FY 2024). Profit margin: 3.2% (down from 3.4% in FY 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
分析記事 • Jun 21The KYB Corporation (TSE:7242) Analyst Just Cut Their Revenue Forecast By 10.0%The latest analyst coverage could presage a bad day for KYB Corporation ( TSE:7242 ), with the covering analyst making...
Buy Or Sell Opportunity • May 27Now 24% undervaluedOver the last 90 days, the stock has risen 5.5% to JP¥3,040. The fair value is estimated to be JP¥4,021, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 43% in the next 2 years.
Reported Earnings • May 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥300 (up from JP¥295 in FY 2024). Revenue: JP¥438.3b (down 1.0% from FY 2024). Net income: JP¥14.9b (flat on FY 2024). Profit margin: 3.4% (in line with FY 2024). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Auto Components industry in Japan. 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 29% per year, which means it is well ahead of earnings.
お知らせ • May 12KYB Corporation, Annual General Meeting, Jun 24, 2025KYB Corporation, Annual General Meeting, Jun 24, 2025.
お知らせ • Mar 27+ 1 more updateKYB Corporation (TSE:7242) completed the acquisition of 84.28% stake in Chita Kogyo Co., Ltd. (NSE:5993) from a group of sellers.KYB Corporation (TSE:7242) proposed to acquire remaining 88.4% stake in Chita Kogyo Co., Ltd. (NSE:5993) from group of sellers for ¥17 billion on November 11, 2024. A cash consideration valued at ¥2010 per share will be paid by KYB Corporation. The deal is subject to minimum tender. As of January 28, 2025, the Japan Fair Trade Commission has approved the transaction under the Antimonopoly Act. The tender offer will commence around early February 2025. The Board of Directors of Chita Kogyo Co., Ltd. formed a special committee for the transaction. Tender offer period is February 7, 2025 to March 25, 2025. Mizuho Securities Co., Ltd. acted as financial advisor for KYB Corporation. Nishimura & Asahi acted as legal advisor for KYB Corporation. PwC Advisory LLC acted as financial advisor for KYB Corporation. PwC Tax Japan acted as accountant for KYB Corporation. SMBC Nikko Securities Inc. acted as financial advisor for Chita Kogyo Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Chita Kogyo Co., Ltd. Tokyo Kyodo Accounting Office Co., Ltd. acted as accountant for Chita Kogyo Co., Ltd. E&E Solutions Inc. acted as environmental advisor for KYB Corporation. KYB Corporation (TSE:7242) completed the acquisition of 84.28% stake in Chita Kogyo Co., Ltd. (NSE:5993) from a group of sellers on March 25, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.3%).
Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: JP¥89.61 (vs JP¥50.91 in 3Q 2024)Third quarter 2025 results: EPS: JP¥89.61 (up from JP¥50.91 in 3Q 2024). Revenue: JP¥109.4b (down 1.3% from 3Q 2024). Net income: JP¥4.47b (up 75% from 3Q 2024). Profit margin: 4.1% (up from 2.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
Price Target Changed • Jan 27Price target increased by 16% to JP¥3,080Up from JP¥2,665, the current price target is provided by 1 analyst. New target price is 5.7% above last closing price of JP¥2,913. Stock is up 13% over the past year. The company is forecast to post earnings per share of JP¥411 for next year compared to JP¥295 last year.
お知らせ • Jan 09KYB Corporation to Report Q3, 2025 Results on Feb 12, 2025KYB Corporation announced that they will report Q3, 2025 results on Feb 12, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥60.30 (vs JP¥113 in 2Q 2024)Second quarter 2025 results: EPS: JP¥60.30 (down from JP¥113 in 2Q 2024). Revenue: JP¥104.7b (down 5.4% from 2Q 2024). Net income: JP¥1.51b (down 47% from 2Q 2024). Profit margin: 1.4% (down from 2.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
お知らせ • Nov 12KYB Corporation (TSE:7242) announces an Equity Buyback for 4,600,000 shares, representing 18.37% for ¥20,000 million.KYB Corporation (TSE:7242) announces a share repurchase program. Under the program, the company will repurchase up to 4,600,000 shares, representing 18.37% of its issued share capital, for ¥20,000 million. The purpose of the program is to strengthen shareholder returns and respond to changes in the business environment. The program is valid till November 28, 2025. As of September 30, 2024, the company 25,042,705 outstanding shares (excluding treasury stock) and 191,626 treasury shares. On November 11, 2024, the company announced that it plans to split its common shares at a ratio of 2 shares for every 1 share on December 3, 2024, and after the effective date of the stock split, the total number of shares that may be acquired will be 9,200,000 shares.
お知らせ • Nov 11KYB Corporation (TSE:7242) proposed to acquire an additional 88.4% stake in Chita Kogyo Co., Ltd. (NSE:5993) from group of sellers for ¥17.0 billion in a tender offer transaction.KYB Corporation (TSE:7242) proposed to acquire an additional 88.4% stake in Chita Kogyo Co., Ltd. (NSE:5993) from group of sellers for ¥17.0 billion in a tender offer transaction on November 11, 2024. A cash consideration valued at ¥2010 per share will be paid by KYB Corporation. The Board of Directors of Chita Kogyo Co., Ltd. formed a special committee for the transaction. Mizuho Securities Co., Ltd. acted as financial advisor for KYB Corporation. Nishimura & Asahi acted as legal advisor for KYB Corporation. PwC Advisory LLC acted as financial advisor for KYB Corporation. PwC Tax Japan acted as accountant for KYB Corporation. SMBC Nikko Securities Inc. acted as financial advisor for Chita Kogyo Co., Ltd. Mori Hamada & Matsumoto LPC acted as legal advisor for Chita Kogyo Co., Ltd. Tokyo Kyodo Accounting Office Co., Ltd. acted as accountant for Chita Kogyo Co., Ltd.
お知らせ • Sep 27KYB Corporation to Report Q2, 2025 Results on Nov 11, 2024KYB Corporation announced that they will report Q2, 2025 results on Nov 11, 2024
Upcoming Dividend • Sep 20Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 36% and the cash payout ratio is 85%. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.5%).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥4,305, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Auto Components industry in Japan. Total returns to shareholders of 49% over the past three years.
お知らせ • Jul 05KYB Corporation to Report Q1, 2025 Results on Aug 08, 2024KYB Corporation announced that they will report Q1, 2025 results on Aug 08, 2024
お知らせ • May 15KYB Corporation, Annual General Meeting, Jun 25, 2024KYB Corporation, Annual General Meeting, Jun 25, 2024.
Reported Earnings • May 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥627 (down from JP¥1,028 in FY 2023). Revenue: JP¥442.8b (up 2.7% from FY 2023). Net income: JP¥15.8b (down 40% from FY 2023). Profit margin: 3.6% (down from 6.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.3%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Auto Components industry in Japan. 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.
Major Estimate Revision • Apr 17Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥470.0b to JP¥440.0b. EPS estimate also fell from JP¥815 per share to JP¥630 per share. Net income forecast to shrink 14% next year vs 8.6% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥5,330 to JP¥5,500. Share price was steady at JP¥5,150 over the past week.
お知らせ • Mar 28KYB Corporation to Report Fiscal Year 2024 Results on May 10, 2024KYB Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥100.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.6%).
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥130 (vs JP¥162 in 3Q 2023)Third quarter 2024 results: EPS: JP¥130 (down from JP¥162 in 3Q 2023). Revenue: JP¥110.8b (up 3.6% from 3Q 2023). Net income: JP¥3.26b (down 21% from 3Q 2023). Profit margin: 2.9% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 11KYB Corporation to Report Q3, 2024 Results on Feb 08, 2024KYB Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥123 (vs JP¥210 in 2Q 2023)Second quarter 2024 results: EPS: JP¥123 (down from JP¥210 in 2Q 2023). Revenue: JP¥110.6b (up 1.1% from 2Q 2023). Net income: JP¥3.10b (down 42% from 2Q 2023). Profit margin: 2.8% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30KYB Corporation to Report Q2, 2024 Results on Nov 07, 2023KYB Corporation announced that they will report Q2, 2024 results on Nov 07, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥100.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥198 (vs JP¥187 in 1Q 2023)First quarter 2024 results: EPS: JP¥198 (up from JP¥187 in 1Q 2023). Revenue: JP¥107.3b (up 6.8% from 1Q 2023). Net income: JP¥5.07b (up 6.1% from 1Q 2023). Profit margin: 4.7% (down from 4.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 26Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥911 to JP¥815. Revenue forecast unchanged from JP¥470.0b at last update. Net income forecast to shrink 17% next year vs 26% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,830 to JP¥5,330. Share price was steady at JP¥4,990 over the past week.
Price Target Changed • Jul 25Price target increased by 16% to JP¥5,330Up from JP¥4,580, the current price target is provided by 1 analyst. New target price is 5.5% above last closing price of JP¥5,050. Stock is up 59% over the past year. The company is forecast to post earnings per share of JP¥815 for next year compared to JP¥1,028 last year.
Board Change • Jul 23High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Senior Managing Executive Officer, CFO & Director Takashi Saito was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 30KYB Corporation to Report Q1, 2024 Results on Aug 04, 2023KYB Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
Reported Earnings • May 13Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥1,065 (up from JP¥883 in FY 2022). Revenue: JP¥431.2b (up 11% from FY 2022). Net income: JP¥27.2b (up 21% from FY 2022). Profit margin: 6.3% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥70.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.2%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥171 (vs JP¥299 in 3Q 2022)Third quarter 2023 results: EPS: JP¥171 (down from JP¥299 in 3Q 2022). Revenue: JP¥106.9b (up 6.7% from 3Q 2022). Net income: JP¥4.37b (down 43% from 3Q 2022). Profit margin: 4.1% (down from 7.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Auto Components industry in Japan. 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 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 22KYB Corporation to Report Q3, 2023 Results on Feb 08, 2023KYB Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
Major Estimate Revision • Jan 20Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥430.0b to JP¥450.0b. EPS estimate increased from JP¥707 to JP¥824 per share. Net income forecast to shrink 1.4% next year vs 19% growth forecast for Auto Components industry in Japan . Consensus price target up from JP¥4,580 to JP¥4,830. Share price rose 5.2% to JP¥3,535 over the past week.
Price Target Changed • Jan 19Price target increased to JP¥4,830Up from JP¥4,450, the current price target is provided by 1 analyst. New target price is 38% above last closing price of JP¥3,490. Stock is up 12% over the past year. The company is forecast to post earnings per share of JP¥824 for next year compared to JP¥883 last year.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent External Director Akemi Sunaga was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥228 (vs JP¥180 in 2Q 2022)Second quarter 2023 results: EPS: JP¥228 (up from JP¥180 in 2Q 2022). Revenue: JP¥109.5b (up 20% from 2Q 2022). Net income: JP¥5.83b (up 27% from 2Q 2022). Profit margin: 5.3% (up from 5.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.1%).
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥196 (vs JP¥183 in 1Q 2022)First quarter 2023 results: EPS: JP¥196 (up from JP¥183 in 1Q 2022). Revenue: JP¥100.4b (up 5.8% from 1Q 2022). Net income: JP¥5.01b (up 7.3% from 1Q 2022). Profit margin: 5.0% (up from 4.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥883 (up from JP¥669 in FY 2021). Revenue: JP¥388.4b (up 18% from FY 2021). Net income: JP¥22.5b (up 32% from FY 2021). Profit margin: 5.8% (up from 5.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent External Director Masakazu Sakata was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥45.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.0%).
Reported Earnings • Feb 09Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥308 (up from JP¥270 in 3Q 2021). Revenue: JP¥100.3b (up 10% from 3Q 2021). Net income: JP¥7.87b (up 14% from 3Q 2021). Profit margin: 7.9% (up from 7.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 3,318%. Over the next year, revenue is forecast to grow 2.8%, compared to a 8.9% growth forecast for the industry in Japan. 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 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥189 (vs JP¥2.74 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥91.0b (up 16% from 2Q 2021). Net income: JP¥4.82b (up JP¥4.75b from 2Q 2021). Profit margin: 5.3% (up from 0.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥183 (vs JP¥150 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥94.9b (up 57% from 1Q 2021). Net income: JP¥4.68b (up JP¥8.51b from 1Q 2021). Profit margin: 4.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥3,755, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Auto Components industry in Japan. Total loss to shareholders of 30% over the past three years.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥669 (vs JP¥2,423 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥328.0b (down 14% from FY 2020). Net income: JP¥17.1b (up JP¥79.0b from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Price Target Changed • May 14Price target increased to JP¥4,300Up from JP¥2,400, the current price target is provided by 1 analyst. New target price is 16% above last closing price of JP¥3,710. Stock is up 73% over the past year.
Is New 90 Day High Low • Mar 16New 90-day high: JP¥3,255The company is up 26% from a price of JP¥2,576 on 16 December 2020. Outperformed the Japanese market which is up 10.0% over the last 90 days. Exceeded the Auto Components industry, which is up 21% over the same period.
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥270 (vs JP¥349 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥91.0b (down 1.0% from 3Q 2020). Net income: JP¥6.89b (up JP¥15.8b from 3Q 2020). Profit margin: 7.6% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) also surpassed analyst estimates by 360%. Over the next year, revenue is forecast to stay flat compared to a 8.7% growth forecast for the Auto Components industry in Japan.
Is New 90 Day High Low • Feb 10New 90-day high: JP¥3,110The company is up 24% from its price of JP¥2,514 on 12 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 19% over the same period.
Price Target Changed • Dec 01Price target raised to JP¥2,350Up from JP¥1,900, the current price target is provided by 1 analyst. The new target price is 8.1% below the current share price of JP¥2,558. As of last close, the stock is down 23% over the past year.
お知らせ • Oct 16KYB Corporation to Report Q2, 2021 Results on Nov 06, 2020KYB Corporation announced that they will report Q2, 2021 results on Nov 06, 2020