View Future GrowthKogi 過去の業績過去 基準チェック /26Kogiは、平均年間27.6%の収益成長を遂げていますが、 Metals and Mining業界の収益は、年間 成長しています。収益は、平均年間4.1% 5.3%収益成長率で 成長しています。 Kogiの自己資本利益率は2.7%であり、純利益率は1.8%です。主要情報27.59%収益成長率27.78%EPS成長率Metals and Mining 業界の成長18.55%収益成長率5.25%株主資本利益率2.73%ネット・マージン1.83%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥143 (vs JP¥244 in FY 2025)Full year 2026 results: EPS: JP¥143 (down from JP¥244 in FY 2025). Revenue: JP¥25.7b (down 2.4% from FY 2025). Net income: JP¥470.0m (down 41% from FY 2025). Profit margin: 1.8% (down from 3.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 09Kogi Corporation to Report Fiscal Year 2026 Results on May 11, 2026Kogi Corporation announced that they will report fiscal year 2026 results on May 11, 2026Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥21.02 (vs JP¥143 in 3Q 2025)Third quarter 2026 results: EPS: JP¥21.02 (down from JP¥143 in 3Q 2025). Revenue: JP¥6.27b (down 5.1% from 3Q 2025). Net income: JP¥69.0m (down 85% from 3Q 2025). Profit margin: 1.1% (down from 7.1% in 3Q 2025). 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 11% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 18Kogi Corporation to Report Q3, 2026 Results on Jan 30, 2026Kogi Corporation announced that they will report Q3, 2026 results on Jan 30, 2026分析記事 • Nov 19Kogi's (TSE:5603) Shareholders May Want To Dig Deeper Than Statutory ProfitKogi Corporation's ( TSE:5603 ) healthy profit numbers didn't contain any surprises for investors. However the...Reported Earnings • Nov 02Second quarter 2026 earnings released: EPS: JP¥32.92 (vs JP¥53.24 in 2Q 2025)Second quarter 2026 results: EPS: JP¥32.92 (down from JP¥53.24 in 2Q 2025). Revenue: JP¥6.66b (up 2.3% from 2Q 2025). Net income: JP¥108.0m (down 38% from 2Q 2025). Profit margin: 1.6% (down from 2.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesReported Earnings • May 13Full year 2026 earnings released: EPS: JP¥143 (vs JP¥244 in FY 2025)Full year 2026 results: EPS: JP¥143 (down from JP¥244 in FY 2025). Revenue: JP¥25.7b (down 2.4% from FY 2025). Net income: JP¥470.0m (down 41% from FY 2025). Profit margin: 1.8% (down from 3.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 11Kogi Corporation, Annual General Meeting, Jun 26, 2026Kogi Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • May 09Kogi Corporation to Report Fiscal Year 2026 Results on May 11, 2026Kogi Corporation announced that they will report fiscal year 2026 results on May 11, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).New Risk • Mar 18New 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 6.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥5.38b market cap, or US$33.8m).Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥1,628, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 13x in the Metals and Mining industry in Japan. Total returns to shareholders of 84% over the past three years.Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥21.02 (vs JP¥143 in 3Q 2025)Third quarter 2026 results: EPS: JP¥21.02 (down from JP¥143 in 3Q 2025). Revenue: JP¥6.27b (down 5.1% from 3Q 2025). Net income: JP¥69.0m (down 85% from 3Q 2025). Profit margin: 1.1% (down from 7.1% in 3Q 2025). 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 11% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 18Kogi Corporation to Report Q3, 2026 Results on Jan 30, 2026Kogi Corporation announced that they will report Q3, 2026 results on Jan 30, 2026分析記事 • Nov 19Kogi's (TSE:5603) Shareholders May Want To Dig Deeper Than Statutory ProfitKogi Corporation's ( TSE:5603 ) healthy profit numbers didn't contain any surprises for investors. However the...Reported Earnings • Nov 02Second quarter 2026 earnings released: EPS: JP¥32.92 (vs JP¥53.24 in 2Q 2025)Second quarter 2026 results: EPS: JP¥32.92 (down from JP¥53.24 in 2Q 2025). Revenue: JP¥6.66b (up 2.3% from 2Q 2025). Net income: JP¥108.0m (down 38% from 2Q 2025). Profit margin: 1.6% (down from 2.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 01Kogi Corporation to Report Q2, 2026 Results on Oct 31, 2025Kogi Corporation announced that they will report Q2, 2026 results on Oct 31, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥62.69 (vs JP¥11.32 in 1Q 2025)First quarter 2026 results: EPS: JP¥62.69 (up from JP¥11.32 in 1Q 2025). Revenue: JP¥6.19b (down 3.6% from 1Q 2025). Net income: JP¥205.0m (up 454% from 1Q 2025). Profit margin: 3.3% (up from 0.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% 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 • Jun 27Kogi Corporation to Report Q1, 2026 Results on Jul 31, 2025Kogi Corporation announced that they will report Q1, 2026 results on Jul 31, 2025分析記事 • May 15Kogi's (TSE:5603) Performance Is Even Better Than Its Earnings SuggestInvestors were underwhelmed by the solid earnings posted by Kogi Corporation ( TSE:5603 ) recently. We did some digging...分析記事 • May 09Kogi Corporation (TSE:5603) Might Not Be As Mispriced As It LooksWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Kogi...Reported Earnings • May 09Full year 2025 earnings released: EPS: JP¥244 (vs JP¥165 in FY 2024)Full year 2025 results: EPS: JP¥244 (up from JP¥165 in FY 2024). Revenue: JP¥26.3b (up 1.4% from FY 2024). Net income: JP¥798.0m (up 48% from FY 2024). Profit margin: 3.0% (up from 2.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 08Kogi Corporation, Annual General Meeting, Jun 26, 2025Kogi Corporation, Annual General Meeting, Jun 26, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,054, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total returns to shareholders of 26% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).お知らせ • Mar 04Kogi Corporation to Report Fiscal Year 2025 Results on May 08, 2025Kogi Corporation announced that they will report fiscal year 2025 results on May 08, 2025Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥143 (vs JP¥61.49 in 3Q 2024)Third quarter 2025 results: EPS: JP¥143 (up from JP¥61.49 in 3Q 2024). Revenue: JP¥6.61b (down 2.3% from 3Q 2024). Net income: JP¥467.0m (up 132% from 3Q 2024). Profit margin: 7.1% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. 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 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 03Kogi Corporation to Report Q3, 2025 Results on Jan 31, 2025Kogi Corporation announced that they will report Q3, 2025 results on Jan 31, 2025分析記事 • Nov 06Some Investors May Be Willing To Look Past Kogi's (TSE:5603) Soft EarningsShareholders appeared unconcerned with Kogi Corporation's ( TSE:5603 ) lackluster earnings report last week. We did...Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥53.21 (vs JP¥8.57 in 2Q 2024)Second quarter 2025 results: EPS: JP¥53.21 (up from JP¥8.57 in 2Q 2024). Revenue: JP¥6.51b (up 5.0% from 2Q 2024). Net income: JP¥174.0m (up JP¥146.0m from 2Q 2024). Profit margin: 2.7% (up from 0.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 03Kogi Corporation to Report Q2, 2025 Results on Oct 30, 2024Kogi Corporation announced that they will report Q2, 2025 results on Oct 30, 2024New Risk • Aug 05New 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 6.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.11b market cap, or US$21.8m).Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥11.32 (vs JP¥48.03 in 1Q 2024)First quarter 2025 results: EPS: JP¥11.32 (down from JP¥48.03 in 1Q 2024). Revenue: JP¥6.42b (flat on 1Q 2024). Net income: JP¥37.0m (down 76% from 1Q 2024). Profit margin: 0.6% (down from 2.5% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jun 29Kogi Corporation to Report Q1, 2025 Results on Jul 31, 2024Kogi Corporation announced that they will report Q1, 2025 results on Jul 31, 2024Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥165 (vs JP¥142 in FY 2023)Full year 2024 results: EPS: JP¥165 (up from JP¥142 in FY 2023). Revenue: JP¥26.0b (down 2.9% from FY 2023). Net income: JP¥538.0m (up 16% from FY 2023). Profit margin: 2.1% (up from 1.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • May 12Kogi Corporation, Annual General Meeting, Jun 26, 2024Kogi Corporation, Annual General Meeting, Jun 26, 2024.分析記事 • May 10Earnings Working Against Kogi Corporation's (TSE:5603) Share PriceWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider Kogi...お知らせ • Mar 28Kogi Corporation to Report Fiscal Year 2024 Results on May 10, 2024Kogi Corporation announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (3.5%).Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥61.44 (vs JP¥60.84 in 3Q 2023)Third quarter 2024 results: EPS: JP¥61.44 (up from JP¥60.84 in 3Q 2023). Revenue: JP¥6.77b (down 2.3% from 3Q 2023). Net income: JP¥201.0m (up 1.0% from 3Q 2023). Profit margin: 3.0% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥1,500, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 44% over the past three years.お知らせ • Dec 09Kogi Corporation to Report Q3, 2024 Results on Jan 31, 2024Kogi Corporation announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥8.56 (vs JP¥12.22 in 2Q 2023)Second quarter 2024 results: EPS: JP¥8.56 (down from JP¥12.22 in 2Q 2023). Revenue: JP¥6.20b (down 5.9% from 2Q 2023). Net income: JP¥28.0m (down 30% from 2Q 2023). Profit margin: 0.5% (down from 0.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥3.88b market cap, or US$25.7m).Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,187, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Negligible returns to shareholders over past three years.お知らせ • Aug 27Kogi Corporation to Report Q2, 2024 Results on Oct 31, 2023Kogi Corporation announced that they will report Q2, 2024 results on Oct 31, 2023New Risk • Aug 08New 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 5.6% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥4.53b market cap, or US$31.8m).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥48.01 (vs JP¥15.13 in 1Q 2023)First quarter 2024 results: EPS: JP¥48.01 (up from JP¥15.13 in 1Q 2023). Revenue: JP¥6.38b (up 5.3% from 1Q 2023). Net income: JP¥157.0m (up 214% from 1Q 2023). Profit margin: 2.5% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Kogi Corporation to Report Q1, 2024 Results on Jul 31, 2023Kogi Corporation announced that they will report Q1, 2024 results on Jul 31, 2023お知らせ • May 13Kogi Corporation, Annual General Meeting, Jun 28, 2023Kogi Corporation, Annual General Meeting, Jun 28, 2023.Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥142 (vs JP¥12.98 in FY 2022)Full year 2023 results: EPS: JP¥142 (up from JP¥12.98 in FY 2022). Revenue: JP¥26.7b (up 16% from FY 2022). Net income: JP¥466.0m (up JP¥423.0m from FY 2022). Profit margin: 1.7% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 9.2% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥60.83 (vs JP¥12.07 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.83 (up from JP¥12.07 in 3Q 2022). Revenue: JP¥6.92b (up 14% from 3Q 2022). Net income: JP¥199.0m (up 398% from 3Q 2022). Profit margin: 2.9% (up from 0.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Dec 30Kogi Corporation to Report Q3, 2023 Results on Jan 31, 2023Kogi Corporation announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Koji Matsuyama was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥12.22 (vs JP¥13.58 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.22 (up from JP¥13.58 loss in 2Q 2022). Revenue: JP¥6.59b (up 16% from 2Q 2022). Net income: JP¥40.0m (up JP¥85.0m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Kogi Corporation to Report Q2, 2023 Results on Oct 31, 2022Kogi Corporation announced that they will report Q2, 2023 results on Oct 31, 2022Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥15.13 (vs JP¥6.04 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥15.13 (up from JP¥6.04 loss in 1Q 2022). Revenue: JP¥6.06b (up 23% from 1Q 2022). Net income: JP¥50.0m (up JP¥70.0m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Jun 29Kogi Corporation to Report Q1, 2023 Results on Jul 29, 2022Kogi Corporation announced that they will report Q1, 2023 results on Jul 29, 2022お知らせ • May 12+ 1 more updateKogi Corporation, Annual General Meeting, Jun 28, 2022Kogi Corporation, Annual General Meeting, Jun 28, 2022.Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥12.97 (vs JP¥86.00 in FY 2021)Full year 2022 results: EPS: JP¥12.97 (down from JP¥86.00 in FY 2021). Revenue: JP¥23.1b (up 28% from FY 2021). Net income: JP¥43.0m (down 85% from FY 2021). Profit margin: 0.2% (down from 1.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Koji Matsuyama was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Kogi Corporation to Report Fiscal Year 2022 Results on May 10, 2022Kogi Corporation announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (4.7%).Reported Earnings • Jan 30Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥12.07 (down from JP¥24.14 in 3Q 2021). Revenue: JP¥6.06b (up 37% from 3Q 2021). Net income: JP¥40.0m (down 50% from 3Q 2021). Profit margin: 0.7% (down from 1.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,069, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 25% over the past three years.Reported Earnings • Aug 03First quarter 2022 earnings released: JP¥6.03 loss per share (vs JP¥4.53 profit in 1Q 2021)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: JP¥4.92b (up 16% from 1Q 2021). Net loss: JP¥20.0m (down 233% from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Reported Earnings • May 12Full year 2021 earnings released: EPS JP¥85.99 (vs JP¥30.78 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¥18.1b (down 15% from FY 2020). Net income: JP¥285.0m (up 179% from FY 2020). Profit margin: 1.6% (up from 0.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.お知らせ • Mar 04Kogi Corporation to Report Fiscal Year 2021 Results on May 10, 2021Kogi Corporation announced that they will report fiscal year 2021 results on May 10, 2021Is New 90 Day High Low • Mar 03New 90-day high: JP¥1,238The company is up 1.0% from its price of JP¥1,226 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥24.13 (vs JP¥6.04 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¥4.44b (down 11% from 3Q 2020). Net income: JP¥80.0m (up 300% from 3Q 2020). Profit margin: 1.8% (up from 0.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 15New 90-day low: JP¥1,175The company is down 15% from its price of JP¥1,389 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period.お知らせ • Sep 03Kogi Corporation to Report Q2, 2021 Results on Oct 30, 2020Kogi Corporation announced that they will report Q2, 2021 results on Oct 30, 2020収支内訳Kogi の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:5603 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 2625,6884703,413031 Dec 2525,8975023,01227430 Sep 2526,2349002,99627430 Jun 2526,0859662,92327431 Mar 2526,3177982,85727431 Dec 2426,1508302,89621130 Sep 2426,3045642,77921130 Jun 2425,9974182,67721131 Mar 2425,9635382,59021131 Dec 2326,4985632,46626430 Sep 2326,6575612,49226430 Jun 2327,0495732,51226431 Mar 2326,7264662,53526431 Dec 2226,0113572,46128530 Sep 2225,1471982,41428530 Jun 2224,2621132,37528531 Mar 2223,117432,28928531 Dec 2121,8121892,30225230 Sep 2120,1902292,17325230 Jun 2118,7492502,02425231 Mar 2118,0682852,01325231 Dec 2018,169-452,05221030 Sep 2018,702-1052,21321030 Jun 2020,02952,39221031 Mar 2021,2591022,47421031 Dec 1922,1983982,53425630 Sep 1923,5166162,50425630 Jun 1923,9046752,50625631 Mar 1924,0137342,49725631 Dec 1824,2497132,57615230 Sep 1824,2197062,56215230 Jun 1823,7066572,49615231 Mar 1822,9426572,46015231 Dec 1722,1807372,5144930 Sep 1720,8791622,4264930 Jun 1720,2773072,3474931 Mar 1719,7723702,2274931 Dec 1619,3313422,1693730 Sep 1619,2268122,1613730 Jun 1619,1166692,1523731 Mar 1619,3165402,1423731 Dec 1519,5654482,1153630 Sep 1519,5393712,0753630 Jun 1519,6562682,04236質の高い収益: 5603は 高品質の収益 を持っています。利益率の向上: 5603の現在の純利益率 (1.8%)は、昨年(3%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 5603の収益は過去 5 年間で年間27.6%増加しました。成長の加速: 5603は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 5603は過去 1 年間で収益成長率がマイナス ( -41.1% ) となったため、 Metals and Mining業界平均 ( 8.3% ) と比較することが困難です。株主資本利益率高いROE: 5603の 自己資本利益率 ( 2.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2026/05/22 14:35終値2026/05/22 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Kogi Corporation 0 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。0
Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥143 (vs JP¥244 in FY 2025)Full year 2026 results: EPS: JP¥143 (down from JP¥244 in FY 2025). Revenue: JP¥25.7b (down 2.4% from FY 2025). Net income: JP¥470.0m (down 41% from FY 2025). Profit margin: 1.8% (down from 3.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 09Kogi Corporation to Report Fiscal Year 2026 Results on May 11, 2026Kogi Corporation announced that they will report fiscal year 2026 results on May 11, 2026
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥21.02 (vs JP¥143 in 3Q 2025)Third quarter 2026 results: EPS: JP¥21.02 (down from JP¥143 in 3Q 2025). Revenue: JP¥6.27b (down 5.1% from 3Q 2025). Net income: JP¥69.0m (down 85% from 3Q 2025). Profit margin: 1.1% (down from 7.1% in 3Q 2025). 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 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 18Kogi Corporation to Report Q3, 2026 Results on Jan 30, 2026Kogi Corporation announced that they will report Q3, 2026 results on Jan 30, 2026
分析記事 • Nov 19Kogi's (TSE:5603) Shareholders May Want To Dig Deeper Than Statutory ProfitKogi Corporation's ( TSE:5603 ) healthy profit numbers didn't contain any surprises for investors. However the...
Reported Earnings • Nov 02Second quarter 2026 earnings released: EPS: JP¥32.92 (vs JP¥53.24 in 2Q 2025)Second quarter 2026 results: EPS: JP¥32.92 (down from JP¥53.24 in 2Q 2025). Revenue: JP¥6.66b (up 2.3% from 2Q 2025). Net income: JP¥108.0m (down 38% from 2Q 2025). Profit margin: 1.6% (down from 2.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 13Full year 2026 earnings released: EPS: JP¥143 (vs JP¥244 in FY 2025)Full year 2026 results: EPS: JP¥143 (down from JP¥244 in FY 2025). Revenue: JP¥25.7b (down 2.4% from FY 2025). Net income: JP¥470.0m (down 41% from FY 2025). Profit margin: 1.8% (down from 3.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 11Kogi Corporation, Annual General Meeting, Jun 26, 2026Kogi Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • May 09Kogi Corporation to Report Fiscal Year 2026 Results on May 11, 2026Kogi Corporation announced that they will report fiscal year 2026 results on May 11, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
New Risk • Mar 18New 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 6.3% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥5.38b market cap, or US$33.8m).
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥1,628, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 13x in the Metals and Mining industry in Japan. Total returns to shareholders of 84% over the past three years.
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥21.02 (vs JP¥143 in 3Q 2025)Third quarter 2026 results: EPS: JP¥21.02 (down from JP¥143 in 3Q 2025). Revenue: JP¥6.27b (down 5.1% from 3Q 2025). Net income: JP¥69.0m (down 85% from 3Q 2025). Profit margin: 1.1% (down from 7.1% in 3Q 2025). 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 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 18Kogi Corporation to Report Q3, 2026 Results on Jan 30, 2026Kogi Corporation announced that they will report Q3, 2026 results on Jan 30, 2026
分析記事 • Nov 19Kogi's (TSE:5603) Shareholders May Want To Dig Deeper Than Statutory ProfitKogi Corporation's ( TSE:5603 ) healthy profit numbers didn't contain any surprises for investors. However the...
Reported Earnings • Nov 02Second quarter 2026 earnings released: EPS: JP¥32.92 (vs JP¥53.24 in 2Q 2025)Second quarter 2026 results: EPS: JP¥32.92 (down from JP¥53.24 in 2Q 2025). Revenue: JP¥6.66b (up 2.3% from 2Q 2025). Net income: JP¥108.0m (down 38% from 2Q 2025). Profit margin: 1.6% (down from 2.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 01Kogi Corporation to Report Q2, 2026 Results on Oct 31, 2025Kogi Corporation announced that they will report Q2, 2026 results on Oct 31, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥62.69 (vs JP¥11.32 in 1Q 2025)First quarter 2026 results: EPS: JP¥62.69 (up from JP¥11.32 in 1Q 2025). Revenue: JP¥6.19b (down 3.6% from 1Q 2025). Net income: JP¥205.0m (up 454% from 1Q 2025). Profit margin: 3.3% (up from 0.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 41% 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 • Jun 27Kogi Corporation to Report Q1, 2026 Results on Jul 31, 2025Kogi Corporation announced that they will report Q1, 2026 results on Jul 31, 2025
分析記事 • May 15Kogi's (TSE:5603) Performance Is Even Better Than Its Earnings SuggestInvestors were underwhelmed by the solid earnings posted by Kogi Corporation ( TSE:5603 ) recently. We did some digging...
分析記事 • May 09Kogi Corporation (TSE:5603) Might Not Be As Mispriced As It LooksWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Kogi...
Reported Earnings • May 09Full year 2025 earnings released: EPS: JP¥244 (vs JP¥165 in FY 2024)Full year 2025 results: EPS: JP¥244 (up from JP¥165 in FY 2024). Revenue: JP¥26.3b (up 1.4% from FY 2024). Net income: JP¥798.0m (up 48% from FY 2024). Profit margin: 3.0% (up from 2.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 08Kogi Corporation, Annual General Meeting, Jun 26, 2025Kogi Corporation, Annual General Meeting, Jun 26, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥1,054, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total returns to shareholders of 26% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).
お知らせ • Mar 04Kogi Corporation to Report Fiscal Year 2025 Results on May 08, 2025Kogi Corporation announced that they will report fiscal year 2025 results on May 08, 2025
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥143 (vs JP¥61.49 in 3Q 2024)Third quarter 2025 results: EPS: JP¥143 (up from JP¥61.49 in 3Q 2024). Revenue: JP¥6.61b (down 2.3% from 3Q 2024). Net income: JP¥467.0m (up 132% from 3Q 2024). Profit margin: 7.1% (up from 3.0% in 3Q 2024). The increase in margin was driven by lower expenses. 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 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 03Kogi Corporation to Report Q3, 2025 Results on Jan 31, 2025Kogi Corporation announced that they will report Q3, 2025 results on Jan 31, 2025
分析記事 • Nov 06Some Investors May Be Willing To Look Past Kogi's (TSE:5603) Soft EarningsShareholders appeared unconcerned with Kogi Corporation's ( TSE:5603 ) lackluster earnings report last week. We did...
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥53.21 (vs JP¥8.57 in 2Q 2024)Second quarter 2025 results: EPS: JP¥53.21 (up from JP¥8.57 in 2Q 2024). Revenue: JP¥6.51b (up 5.0% from 2Q 2024). Net income: JP¥174.0m (up JP¥146.0m from 2Q 2024). Profit margin: 2.7% (up from 0.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 03Kogi Corporation to Report Q2, 2025 Results on Oct 30, 2024Kogi Corporation announced that they will report Q2, 2025 results on Oct 30, 2024
New Risk • Aug 05New 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 6.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.11b market cap, or US$21.8m).
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥11.32 (vs JP¥48.03 in 1Q 2024)First quarter 2025 results: EPS: JP¥11.32 (down from JP¥48.03 in 1Q 2024). Revenue: JP¥6.42b (flat on 1Q 2024). Net income: JP¥37.0m (down 76% from 1Q 2024). Profit margin: 0.6% (down from 2.5% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jun 29Kogi Corporation to Report Q1, 2025 Results on Jul 31, 2024Kogi Corporation announced that they will report Q1, 2025 results on Jul 31, 2024
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥165 (vs JP¥142 in FY 2023)Full year 2024 results: EPS: JP¥165 (up from JP¥142 in FY 2023). Revenue: JP¥26.0b (down 2.9% from FY 2023). Net income: JP¥538.0m (up 16% from FY 2023). Profit margin: 2.1% (up from 1.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • May 12Kogi Corporation, Annual General Meeting, Jun 26, 2024Kogi Corporation, Annual General Meeting, Jun 26, 2024.
分析記事 • May 10Earnings Working Against Kogi Corporation's (TSE:5603) Share PriceWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider Kogi...
お知らせ • Mar 28Kogi Corporation to Report Fiscal Year 2024 Results on May 10, 2024Kogi Corporation announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (3.5%).
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥61.44 (vs JP¥60.84 in 3Q 2023)Third quarter 2024 results: EPS: JP¥61.44 (up from JP¥60.84 in 3Q 2023). Revenue: JP¥6.77b (down 2.3% from 3Q 2023). Net income: JP¥201.0m (up 1.0% from 3Q 2023). Profit margin: 3.0% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥1,500, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 10x in the Metals and Mining industry in Japan. Total returns to shareholders of 44% over the past three years.
お知らせ • Dec 09Kogi Corporation to Report Q3, 2024 Results on Jan 31, 2024Kogi Corporation announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥8.56 (vs JP¥12.22 in 2Q 2023)Second quarter 2024 results: EPS: JP¥8.56 (down from JP¥12.22 in 2Q 2023). Revenue: JP¥6.20b (down 5.9% from 2Q 2023). Net income: JP¥28.0m (down 30% from 2Q 2023). Profit margin: 0.5% (down from 0.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥3.88b market cap, or US$25.7m).
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,187, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Negligible returns to shareholders over past three years.
お知らせ • Aug 27Kogi Corporation to Report Q2, 2024 Results on Oct 31, 2023Kogi Corporation announced that they will report Q2, 2024 results on Oct 31, 2023
New Risk • Aug 08New 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 5.6% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥4.53b market cap, or US$31.8m).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥48.01 (vs JP¥15.13 in 1Q 2023)First quarter 2024 results: EPS: JP¥48.01 (up from JP¥15.13 in 1Q 2023). Revenue: JP¥6.38b (up 5.3% from 1Q 2023). Net income: JP¥157.0m (up 214% from 1Q 2023). Profit margin: 2.5% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Kogi Corporation to Report Q1, 2024 Results on Jul 31, 2023Kogi Corporation announced that they will report Q1, 2024 results on Jul 31, 2023
お知らせ • May 13Kogi Corporation, Annual General Meeting, Jun 28, 2023Kogi Corporation, Annual General Meeting, Jun 28, 2023.
Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥142 (vs JP¥12.98 in FY 2022)Full year 2023 results: EPS: JP¥142 (up from JP¥12.98 in FY 2022). Revenue: JP¥26.7b (up 16% from FY 2022). Net income: JP¥466.0m (up JP¥423.0m from FY 2022). Profit margin: 1.7% (up from 0.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 9.2% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥60.83 (vs JP¥12.07 in 3Q 2022)Third quarter 2023 results: EPS: JP¥60.83 (up from JP¥12.07 in 3Q 2022). Revenue: JP¥6.92b (up 14% from 3Q 2022). Net income: JP¥199.0m (up 398% from 3Q 2022). Profit margin: 2.9% (up from 0.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Dec 30Kogi Corporation to Report Q3, 2023 Results on Jan 31, 2023Kogi Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Koji Matsuyama was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥12.22 (vs JP¥13.58 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.22 (up from JP¥13.58 loss in 2Q 2022). Revenue: JP¥6.59b (up 16% from 2Q 2022). Net income: JP¥40.0m (up JP¥85.0m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Kogi Corporation to Report Q2, 2023 Results on Oct 31, 2022Kogi Corporation announced that they will report Q2, 2023 results on Oct 31, 2022
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥15.13 (vs JP¥6.04 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥15.13 (up from JP¥6.04 loss in 1Q 2022). Revenue: JP¥6.06b (up 23% from 1Q 2022). Net income: JP¥50.0m (up JP¥70.0m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 29Kogi Corporation to Report Q1, 2023 Results on Jul 29, 2022Kogi Corporation announced that they will report Q1, 2023 results on Jul 29, 2022
お知らせ • May 12+ 1 more updateKogi Corporation, Annual General Meeting, Jun 28, 2022Kogi Corporation, Annual General Meeting, Jun 28, 2022.
Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥12.97 (vs JP¥86.00 in FY 2021)Full year 2022 results: EPS: JP¥12.97 (down from JP¥86.00 in FY 2021). Revenue: JP¥23.1b (up 28% from FY 2021). Net income: JP¥43.0m (down 85% from FY 2021). Profit margin: 0.2% (down from 1.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Koji Matsuyama was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Kogi Corporation to Report Fiscal Year 2022 Results on May 10, 2022Kogi Corporation announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 35% but the company is paying out more than the cash it is generating. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (4.7%).
Reported Earnings • Jan 30Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥12.07 (down from JP¥24.14 in 3Q 2021). Revenue: JP¥6.06b (up 37% from 3Q 2021). Net income: JP¥40.0m (down 50% from 3Q 2021). Profit margin: 0.7% (down from 1.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥1,069, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 9x in the Metals and Mining industry in Japan. Total loss to shareholders of 25% over the past three years.
Reported Earnings • Aug 03First quarter 2022 earnings released: JP¥6.03 loss per share (vs JP¥4.53 profit in 1Q 2021)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: JP¥4.92b (up 16% from 1Q 2021). Net loss: JP¥20.0m (down 233% from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 12Full year 2021 earnings released: EPS JP¥85.99 (vs JP¥30.78 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¥18.1b (down 15% from FY 2020). Net income: JP¥285.0m (up 179% from FY 2020). Profit margin: 1.6% (up from 0.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 04Kogi Corporation to Report Fiscal Year 2021 Results on May 10, 2021Kogi Corporation announced that they will report fiscal year 2021 results on May 10, 2021
Is New 90 Day High Low • Mar 03New 90-day high: JP¥1,238The company is up 1.0% from its price of JP¥1,226 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥24.13 (vs JP¥6.04 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¥4.44b (down 11% from 3Q 2020). Net income: JP¥80.0m (up 300% from 3Q 2020). Profit margin: 1.8% (up from 0.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 15New 90-day low: JP¥1,175The company is down 15% from its price of JP¥1,389 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period.
お知らせ • Sep 03Kogi Corporation to Report Q2, 2021 Results on Oct 30, 2020Kogi Corporation announced that they will report Q2, 2021 results on Oct 30, 2020