View ValuationKokuyo 향후 성장Future 기준 점검 1/6Kokuyo (는) 각각 연간 3.1% 및 4.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.1% 로 예상됩니다.핵심 정보3.1%이익 성장률6.21%EPS 성장률Commercial Services 이익 성장15.3%매출 성장률4.7%향후 자기자본이익률9.08%애널리스트 커버리지Low마지막 업데이트31 Jul 2026최근 향후 성장 업데이트공고 • Feb 14+ 2 more updatesKokuyo Co., Ltd. Provides Consolidated Earnings Guidance for the Interim Period Ending June 30, 2026 and Full Year Ending December 31, 2026Kokuyo Co., Ltd. provided consolidated earnings guidance for the interim period ending June 30, 2026 and full year ending December 31, 2026. For the period, the company expects net sales of JPY 202,000 million, operating income of JPY 18,000 million, profit attributable to owners of parent of JPY 13,000 million and earnings per share of JPY 30.33. For the full year, the company expects net sales of JPY 390,000 million, operating income of JPY 27,000 million, profit attributable to owners of parent of JPY 20,300 million and earnings per share of JPY 47.90.모든 업데이트 보기Recent updatesReported Earnings • Aug 02Second quarter 2026 earnings released: EPS: JP¥10.81 (vs JP¥8.43 in 2Q 2025)Second quarter 2026 results: EPS: JP¥10.81 (up from JP¥8.43 in 2Q 2025). Revenue: JP¥94.0b (up 9.6% from 2Q 2025). Net income: JP¥4.60b (up 21% from 2Q 2025). Profit margin: 4.9% (up from 4.4% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in Germany. 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 11% per year, which means it is tracking significantly ahead of earnings growth.공고 • Aug 01Kokuyo Co., Ltd. Announces Dividend for the Second Quarter Ended June 30, 2026, Payable on September 3, 2026Kokuyo Co., Ltd. announced dividend for the second quarter ended June 30, 2026, payable on September 3, 2026. For the Second quarter end, it announced dividend of JPY 12.25 per share against JPY 46.00 per share a year ago.Upcoming Dividend • Jun 25Upcoming dividend of JP¥12.25 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.4%).Declared Dividend • May 21Dividend of JP¥12.25 announcedShareholders will receive a dividend of JP¥12.25. Ex-date: 29th June 2026 Payment date: 4th September 2026 Dividend yield will be 295%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Mar 27Kokuyo Co., Ltd. (TSE:7984) announces an Equity Buyback for 20,000,000 shares, representing 4.65% for ¥15,000 million.Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 4.65% for ¥15,000 million. The purpose of the program is to increase the liquidity of company's stock. The program will be valid till December 31, 2026. As of December 31, 2025, the company had 430,240,626 shares (excluding treasury stock) issued and outstanding and 10,729,226 shares in treasury.공고 • Mar 12Kokuyo Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Kokuyo Co., Ltd. announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on Apr 28, 2026공고 • Feb 14+ 2 more updatesKokuyo Co., Ltd. Provides Consolidated Earnings Guidance for the Interim Period Ending June 30, 2026 and Full Year Ending December 31, 2026Kokuyo Co., Ltd. provided consolidated earnings guidance for the interim period ending June 30, 2026 and full year ending December 31, 2026. For the period, the company expects net sales of JPY 202,000 million, operating income of JPY 18,000 million, profit attributable to owners of parent of JPY 13,000 million and earnings per share of JPY 30.33. For the full year, the company expects net sales of JPY 390,000 million, operating income of JPY 27,000 million, profit attributable to owners of parent of JPY 20,300 million and earnings per share of JPY 47.90.공고 • Feb 13Kokuyo Co., Ltd., Annual General Meeting, Mar 27, 2026Kokuyo Co., Ltd., Annual General Meeting, Mar 27, 2026.공고 • Dec 04+ 1 more updateKokuyo Co., Ltd. (TSE:7984) agreed to acquire 18.19% stake in Thien Long Group Corporation (HOSE:TLG).Kokuyo Co., Ltd. (TSE:7984) agreed to acquire 18.19% stake in Thien Long Group Corporation (HOSE:TLG) on December 4, 2025. A cash consideration will be paid by Kokuyo Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Thien Long Group Corporation. The price per share will be disclosed before the tender offer commences. The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is November 1, 2026 to November 30, 2026.공고 • Dec 03Kokuyo Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Kokuyo Co., Ltd. announced that they will report fiscal year 2025 results at 9:00 AM, Tokyo Standard Time on Feb 13, 2026공고 • May 30Kokuyo Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending December 31, 2025Kokuyo Co., Ltd. revised Dividend Guidance for the fiscal year ending December 31, 2025. For the period, the company expects to pay dividend of JPY 11.375 per share compared to JPY 45.5 per share previously forecasted.공고 • Apr 30Kokuyo Co., Ltd. (TSE:7984) acquired 99.80% stake in BP Ergo Limited.Kokuyo Co., Ltd. (TSE:7984) acquired 99.80% stake in BP Ergo Limited on April 28, 2025. Following the acquisition, HNI India will be renamed Kokuyo Workplace India. With the acquisition, HNI India will be consolidated into Kokuyo Group during the second quarter of Kokuyo’s fiscal year ending December 2025. For the period ending March 31, 2025, BP Ergo Limited reported total revenue of ¥3.46 billion. Kokuyo Co., Ltd. (TSE:7984) completed the acquisition of 99.80% stake in BP Ergo Limited on April 28, 2025.공고 • Apr 25+ 2 more updatesKokuyo Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Kokuyo Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025공고 • Feb 15Kokuyo Co., Ltd. (TSE:7984) announces an Equity Buyback for 8,500,000 shares, representing 7.5% for ¥20,000 million.Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 8,500,000 shares, representing 7.5% for ¥20,000 million. The purpose of the program is to improve shareholder return. The program will be valid till December 31, 2025. As of December 31, 2024, the company had 113,313,630 shares (excluding treasury stock) issued and outstanding and 2,428,833 shares in treasury.공고 • Feb 14Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2025Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2025.공고 • Dec 03Kokuyo Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025Kokuyo Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025Buy Or Sell Opportunity • Oct 29Now 23% undervaluedOver the last 90 days, the stock has risen 1.3% to €15.50. The fair value is estimated to be €20.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: JP¥6.61 (vs JP¥27.11 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.61 (down from JP¥27.11 in 3Q 2023). Revenue: JP¥72.9b (down 3.1% from 3Q 2023). Net income: JP¥749.0m (down 76% from 3Q 2023). Profit margin: 1.0% (down from 4.2% in 3Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock has risen 3.3% to €15.80. The fair value is estimated to be €19.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 0.01% in the next 2 years.공고 • Sep 06Kokuyo Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Kokuyo Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: JP¥32.18 (vs JP¥35.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.18 (down from JP¥35.36 in 2Q 2023). Revenue: JP¥82.7b (up 2.1% from 2Q 2023). Net income: JP¥3.65b (down 11% from 2Q 2023). Profit margin: 4.4% (down from 5.0% in 2Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. 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 1% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.0% to €14.70. The fair value is estimated to be €18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 3.3% in the next 2 years.Board Change • May 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Yoko Toyoshi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥105 (vs JP¥66.43 in 1Q 2023)First quarter 2024 results: EPS: JP¥105 (up from JP¥66.43 in 1Q 2023). Revenue: JP¥95.9b (up 3.7% from 1Q 2023). Net income: JP¥12.0b (up 56% from 1Q 2023). Profit margin: 13% (up from 8.3% in 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 11Final dividend of JP¥38.00 announcedShareholders will receive a dividend of JP¥38.00. Ex-date: 27th June 2024 Payment date: 5th September 2024 Dividend yield will be 243%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Mar 31Kokuyo Co., Ltd. to Report Q2, 2024 Results on Jul 29, 2024Kokuyo Co., Ltd. announced that they will report Q2, 2024 results on Jul 29, 2024Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to €15.10. The fair value is estimated to be €18.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.공고 • Feb 19Kokuyo Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Kokuyo Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024공고 • Feb 15Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2024Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 14Full year 2023 earnings released: EPS: JP¥166 (vs JP¥159 in FY 2022)Full year 2023 results: EPS: JP¥166 (up from JP¥159 in FY 2022). Revenue: JP¥328.8b (up 9.2% from FY 2022). Net income: JP¥19.1b (up 3.8% from FY 2022). Profit margin: 5.8% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of JP¥32.50 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.3%).공고 • Dec 05Kokuyo Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024Kokuyo Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: JP¥27.11 (vs JP¥19.11 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.11 (up from JP¥19.11 in 3Q 2022). Revenue: JP¥75.2b (up 9.9% from 3Q 2022). Net income: JP¥3.13b (up 42% from 3Q 2022). Profit margin: 4.2% (up from 3.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: JP¥35.36 (vs JP¥27.38 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.36 (up from JP¥27.38 in 2Q 2022). Revenue: JP¥81.0b (up 16% from 2Q 2022). Net income: JP¥4.08b (up 29% from 2Q 2022). Profit margin: 5.0% (up from 4.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공고 • Jul 31Kokuyo Co., Ltd. (TSE:7984) announces an Equity Buyback for 3,000,000 shares, representing 2.6% for ¥5,000 million.Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.60% for ¥5,000 million. The purpose of the program is to improve shareholder return. The program will be valid till July 31, 2023. As of June 30, 2023, the company had 115,550,000 shares (excluding treasury stock) issued and outstanding and 13,192 shares in treasury.Upcoming Dividend • Jun 22Upcoming dividend of JP¥29.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%).Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: JP¥66.43 (vs JP¥66.36 in 1Q 2022)First quarter 2023 results: EPS: JP¥66.43. Revenue: JP¥92.6b (up 7.1% from 1Q 2022). Net income: JP¥7.67b (flat on 1Q 2022). Profit margin: 8.3% (down from 8.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Germany.공고 • Feb 16Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2023Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2023.Reported Earnings • Feb 14Full year 2022 earnings released: EPS: JP¥159 (vs JP¥117 in FY 2021)Full year 2022 results: EPS: JP¥159 (up from JP¥117 in FY 2021). Revenue: JP¥300.9b (down 6.0% from FY 2021). Net income: JP¥18.4b (up 34% from FY 2021). Profit margin: 6.1% (up from 4.3% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공고 • Dec 28Kokuyo Co., Ltd. Offers its Unique Products to the World Through its New E-Commerce WebsiteKokuyo Co., Ltd. has launched its global e-commerce website with the aim to expand its reach across the world. Kokuyo's new website features their signature product Jibun Techo, Japanese for 'Self Planner', which offers fun and creative ways to organize a person's life. The Kokuyo Jibun Techo is a life planner designed to help users plan out their days throughout the year, set goals, and keep track of the progress they made. The more the Jibun Techo is used, the more each person can discover about themselves. As of 2021, more than a hundred thousand people in Japan have selected Kokuyo's Jibun Techo as a lifelong partner for planning their years ahead. The products that Kokuyo brings to life are created to complement and enhance the rapid and ever-changing lifestyles of individuals. Over a span of over 100 years, the Kokuyo brand has become known for cultivating reliable, high quality products that meet the customer's needs. In Japan, the Kokuyo brand has become widely recognized for offering products that are both functional and easily accessible. With the launch of the global e-commerce website, Kokuyo marks the beginning of a new journey of offering their products and sharing its philosophy with a global community. The e-commerce website is available in English and provides access to a 24/7 live chat with customer support.Upcoming Dividend • Dec 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%).공고 • Dec 06Kokuyo Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023Kokuyo Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. President & Representative Director Hidekuni Kuroda is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: JP¥27.38 (vs JP¥52.35 in 2Q 2021)Second quarter 2022 results: EPS: JP¥27.38 (down from JP¥52.35 in 2Q 2021). Revenue: JP¥70.0b (down 10% from 2Q 2021). Net income: JP¥3.16b (down 49% from 2Q 2021). Profit margin: 4.5% (down from 7.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 6.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Jun 22Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (3.6%).Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥66.36 (vs JP¥18.37 in 1Q 2021)First quarter 2022 results: EPS: JP¥66.36 (up from JP¥18.37 in 1Q 2021). Revenue: JP¥86.4b (down 4.1% from 1Q 2021). Net income: JP¥7.68b (up 254% from 1Q 2021). Profit margin: 8.9% (up from 2.4% in 1Q 2021). Over the next year, revenue is expected to shrink by 1.8% compared to a 16% growth forecast for the industry in Germany.Board Change • Apr 29High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. President & Representative Director Hidekuni Kuroda is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공고 • Apr 08+ 2 more updatesKokuyo Co., Ltd. to Report Q2, 2022 Results on Jul 29, 2022Kokuyo Co., Ltd. announced that they will report Q2, 2022 results on Jul 29, 2022Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥117 (up from JP¥70.13 in FY 2020). Revenue: JP¥320.2b (up 6.5% from FY 2020). Net income: JP¥13.7b (up 65% from FY 2020). Profit margin: 4.3% (up from 2.8% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 4.1% compared to a 23% growth forecast for the industry in Germany.공고 • Feb 17Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2022Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2022.Upcoming Dividend • Dec 23Upcoming dividend of JP¥21.50 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.3%).Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS JP¥27.09 (vs JP¥17.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥73.7b (up 8.7% from 3Q 2020). Net income: JP¥3.17b (up 55% from 3Q 2020). Profit margin: 4.3% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥52.35 (vs JP¥1.89 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥78.0b (up 19% from 2Q 2020). Net income: JP¥6.16b (up JP¥5.94b from 2Q 2020). Profit margin: 7.9% (up from 0.3% in 2Q 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • Jun 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 07 September 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.3%).Reported Earnings • May 13First quarter 2021 earnings released: EPS JP¥18.37 (vs JP¥51.27 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: JP¥90.2b (flat on 1Q 2020). Net income: JP¥2.17b (down 64% from 1Q 2020). Profit margin: 2.4% (down from 6.7% in 1Q 2020).Reported Earnings • Apr 06Full year 2020 earnings released: EPS JP¥70.13 (vs JP¥129 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥300.6b (down 6.1% from FY 2019). Net income: JP¥8.30b (down 46% from FY 2019). Profit margin: 2.8% (down from 4.8% in FY 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Feb 16New 90-day high: €11.70The company is up 5.0% from its price of €11.10 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.62 per share.공고 • Feb 16Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2021Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2021.Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥70.13 (vs JP¥129 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥300.6b (down 6.1% from FY 2019). Net income: JP¥8.30b (down 46% from FY 2019). Profit margin: 2.8% (down from 4.8% in FY 2019). The decrease in margin was driven by lower revenue.Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 3.4%, compared to a 10% growth forecast for the Commercial Services industry in Germany.공고 • Feb 13Kokuyo Co., Ltd. (TSE:7984) acquired Clear Co., Ltd.Kokuyo Co., Ltd. (TSE:7984) acquired Clear Co., Ltd. on February 12, 2021. Kokuyo Co., Ltd. purchase 0.27 million shares of Clear Co. Kokuyo Co., Ltd. (TSE:7984) completed the acquisition of Clear Co., Ltd. on February 12, 2021.Is New 90 Day High Low • Jan 25New 90-day low: €10.40The company is down 8.0% from its price of €11.30 on 27 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.80 per share.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥19.50 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.5%), but is in line with industry peers (2.8%).공고 • Dec 05Kokuyo Co., Ltd. to Report Q4, 2020 Results on Feb 12, 2021Kokuyo Co., Ltd. announced that they will report Q4, 2020 results on Feb 12, 2021Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS JP¥17.26The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: JP¥67.9b (down 11% from 3Q 2019). Net income: JP¥2.04b (up 7.1% from 3Q 2019). Profit margin: 3.0% (up from 2.5% in 3Q 2019). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Oct 29New 90-day high: €11.30The company is up 23% from its price of €9.20 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period.Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥12.1b, down 11% from the prior year. Total revenue was JP¥300.4b over the last 12 months, down 6.9% from the prior year.Is New 90 Day High Low • Sep 28New 90-day high: €10.80The company is up 2.0% from its price of €10.60 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.57 per share.공고 • Sep 02Kokuyo Co., Ltd. To Be Deleted From Other OTCKokuyo Co., Ltd. Ordinary Shares (Japan) will be deleted from Other OTC effective August 17, 2020, due to Inactive Security.이익 및 매출 성장 예측DB:KOK - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028438,16723,20714,61031,705312/31/2027410,67522,61318,26516,977412/31/2026384,60021,330-19,10029,86736/30/2026376,73922,3581,77617,650N/A3/31/2026368,49121,552-1,70012,312N/A12/31/2025359,87621,4733,09914,369N/A9/30/2025351,87122,1364,11514,526N/A6/30/2025344,75319,972-3,3606,605N/A3/31/2025341,62419,8211,0169,620N/A12/31/2024338,22721,7878,65616,377N/A9/30/2024331,48920,5699,78116,546N/A6/30/2024333,84922,94728,49835,024N/A3/31/2024332,13323,38127,28733,566N/A12/31/2023328,75319,06928,39234,739N/A9/30/2023324,84320,19626,04932,572N/A6/30/2023318,09019,27713,38719,517N/A3/31/2023307,04718,3609,02015,173N/A12/31/2022300,92918,3754,0599,577N/A9/30/2022303,20815,2514,99510,817N/A6/30/2022308,45416,21611,93517,854N/A3/31/2022316,45019,21214,50020,058N/A12/31/2021320,17013,70315,75121,789N/A9/30/2021318,84111,47219,13624,879N/A6/30/2021312,97110,34118,84624,734N/A3/31/2021300,5184,40515,36321,760N/A12/31/2020300,6448,29712,59019,217N/A9/30/2020300,39512,05910,04216,204N/A6/30/2020308,36111,9241,4777,441N/A3/31/2020321,21414,180N/A7,116N/A12/31/2019320,20015,303N/A16,723N/A9/30/2019322,63013,481N/A11,201N/A6/30/2019315,72612,982N/A19,208N/A3/31/2019316,29614,354N/A21,936N/A12/31/2018315,15514,231N/A20,880N/A9/30/2018316,57014,920N/A20,363N/A6/30/2018316,88514,933N/A24,230N/A3/31/2018313,87314,034N/A23,950N/A12/31/2017315,62215,000N/A17,500N/A9/30/2017309,80115,295N/A25,047N/A6/30/2017307,95914,889N/A18,701N/A3/31/2017306,45613,753N/A20,780N/A12/31/2016307,62512,182N/A23,725N/A9/30/2016308,0629,087N/A17,290N/A6/30/2016308,5118,551N/A18,910N/A3/31/2016309,9548,670N/A15,064N/A12/31/2015304,2766,312N/A12,054N/A9/30/2015301,5927,351N/A15,484N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: KOK 의 연간 예상 수익 증가율(3.1%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: KOK 의 연간 수익(3.1%)이 German 시장(15.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: KOK 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: KOK 의 수익(연간 4.7%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: KOK 의 수익(연간 4.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: KOK의 자본 수익률은 3년 후 9.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/03 19:54종가2026/07/31 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Kokuyo Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yusuke MiuraDaiwa Securities Co. Ltd.Yuki KuwanaMizuho Securities Co., Ltd.Satoshi SakaeNomura Securities Co. Ltd.1명의 분석가 더 보기
공고 • Feb 14+ 2 more updatesKokuyo Co., Ltd. Provides Consolidated Earnings Guidance for the Interim Period Ending June 30, 2026 and Full Year Ending December 31, 2026Kokuyo Co., Ltd. provided consolidated earnings guidance for the interim period ending June 30, 2026 and full year ending December 31, 2026. For the period, the company expects net sales of JPY 202,000 million, operating income of JPY 18,000 million, profit attributable to owners of parent of JPY 13,000 million and earnings per share of JPY 30.33. For the full year, the company expects net sales of JPY 390,000 million, operating income of JPY 27,000 million, profit attributable to owners of parent of JPY 20,300 million and earnings per share of JPY 47.90.
Reported Earnings • Aug 02Second quarter 2026 earnings released: EPS: JP¥10.81 (vs JP¥8.43 in 2Q 2025)Second quarter 2026 results: EPS: JP¥10.81 (up from JP¥8.43 in 2Q 2025). Revenue: JP¥94.0b (up 9.6% from 2Q 2025). Net income: JP¥4.60b (up 21% from 2Q 2025). Profit margin: 4.9% (up from 4.4% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in Germany. 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 11% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Aug 01Kokuyo Co., Ltd. Announces Dividend for the Second Quarter Ended June 30, 2026, Payable on September 3, 2026Kokuyo Co., Ltd. announced dividend for the second quarter ended June 30, 2026, payable on September 3, 2026. For the Second quarter end, it announced dividend of JPY 12.25 per share against JPY 46.00 per share a year ago.
Upcoming Dividend • Jun 25Upcoming dividend of JP¥12.25 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.4%).
Declared Dividend • May 21Dividend of JP¥12.25 announcedShareholders will receive a dividend of JP¥12.25. Ex-date: 29th June 2026 Payment date: 4th September 2026 Dividend yield will be 295%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Mar 27Kokuyo Co., Ltd. (TSE:7984) announces an Equity Buyback for 20,000,000 shares, representing 4.65% for ¥15,000 million.Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 4.65% for ¥15,000 million. The purpose of the program is to increase the liquidity of company's stock. The program will be valid till December 31, 2026. As of December 31, 2025, the company had 430,240,626 shares (excluding treasury stock) issued and outstanding and 10,729,226 shares in treasury.
공고 • Mar 12Kokuyo Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Kokuyo Co., Ltd. announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on Apr 28, 2026
공고 • Feb 14+ 2 more updatesKokuyo Co., Ltd. Provides Consolidated Earnings Guidance for the Interim Period Ending June 30, 2026 and Full Year Ending December 31, 2026Kokuyo Co., Ltd. provided consolidated earnings guidance for the interim period ending June 30, 2026 and full year ending December 31, 2026. For the period, the company expects net sales of JPY 202,000 million, operating income of JPY 18,000 million, profit attributable to owners of parent of JPY 13,000 million and earnings per share of JPY 30.33. For the full year, the company expects net sales of JPY 390,000 million, operating income of JPY 27,000 million, profit attributable to owners of parent of JPY 20,300 million and earnings per share of JPY 47.90.
공고 • Feb 13Kokuyo Co., Ltd., Annual General Meeting, Mar 27, 2026Kokuyo Co., Ltd., Annual General Meeting, Mar 27, 2026.
공고 • Dec 04+ 1 more updateKokuyo Co., Ltd. (TSE:7984) agreed to acquire 18.19% stake in Thien Long Group Corporation (HOSE:TLG).Kokuyo Co., Ltd. (TSE:7984) agreed to acquire 18.19% stake in Thien Long Group Corporation (HOSE:TLG) on December 4, 2025. A cash consideration will be paid by Kokuyo Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Thien Long Group Corporation. The price per share will be disclosed before the tender offer commences. The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is November 1, 2026 to November 30, 2026.
공고 • Dec 03Kokuyo Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026Kokuyo Co., Ltd. announced that they will report fiscal year 2025 results at 9:00 AM, Tokyo Standard Time on Feb 13, 2026
공고 • May 30Kokuyo Co., Ltd. Revises Dividend Guidance for the Fiscal Year Ending December 31, 2025Kokuyo Co., Ltd. revised Dividend Guidance for the fiscal year ending December 31, 2025. For the period, the company expects to pay dividend of JPY 11.375 per share compared to JPY 45.5 per share previously forecasted.
공고 • Apr 30Kokuyo Co., Ltd. (TSE:7984) acquired 99.80% stake in BP Ergo Limited.Kokuyo Co., Ltd. (TSE:7984) acquired 99.80% stake in BP Ergo Limited on April 28, 2025. Following the acquisition, HNI India will be renamed Kokuyo Workplace India. With the acquisition, HNI India will be consolidated into Kokuyo Group during the second quarter of Kokuyo’s fiscal year ending December 2025. For the period ending March 31, 2025, BP Ergo Limited reported total revenue of ¥3.46 billion. Kokuyo Co., Ltd. (TSE:7984) completed the acquisition of 99.80% stake in BP Ergo Limited on April 28, 2025.
공고 • Apr 25+ 2 more updatesKokuyo Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Kokuyo Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
공고 • Feb 15Kokuyo Co., Ltd. (TSE:7984) announces an Equity Buyback for 8,500,000 shares, representing 7.5% for ¥20,000 million.Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 8,500,000 shares, representing 7.5% for ¥20,000 million. The purpose of the program is to improve shareholder return. The program will be valid till December 31, 2025. As of December 31, 2024, the company had 113,313,630 shares (excluding treasury stock) issued and outstanding and 2,428,833 shares in treasury.
공고 • Feb 14Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2025Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2025.
공고 • Dec 03Kokuyo Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025Kokuyo Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025
Buy Or Sell Opportunity • Oct 29Now 23% undervaluedOver the last 90 days, the stock has risen 1.3% to €15.50. The fair value is estimated to be €20.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 15% in the next 2 years.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: JP¥6.61 (vs JP¥27.11 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.61 (down from JP¥27.11 in 3Q 2023). Revenue: JP¥72.9b (down 3.1% from 3Q 2023). Net income: JP¥749.0m (down 76% from 3Q 2023). Profit margin: 1.0% (down from 4.2% in 3Q 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 11Now 20% undervaluedOver the last 90 days, the stock has risen 3.3% to €15.80. The fair value is estimated to be €19.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 0.01% in the next 2 years.
공고 • Sep 06Kokuyo Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024Kokuyo Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: JP¥32.18 (vs JP¥35.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.18 (down from JP¥35.36 in 2Q 2023). Revenue: JP¥82.7b (up 2.1% from 2Q 2023). Net income: JP¥3.65b (down 11% from 2Q 2023). Profit margin: 4.4% (down from 5.0% in 2Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. 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 1% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.0% to €14.70. The fair value is estimated to be €18.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 3.3% in the next 2 years.
Board Change • May 17High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Yoko Toyoshi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥105 (vs JP¥66.43 in 1Q 2023)First quarter 2024 results: EPS: JP¥105 (up from JP¥66.43 in 1Q 2023). Revenue: JP¥95.9b (up 3.7% from 1Q 2023). Net income: JP¥12.0b (up 56% from 1Q 2023). Profit margin: 13% (up from 8.3% in 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 11Final dividend of JP¥38.00 announcedShareholders will receive a dividend of JP¥38.00. Ex-date: 27th June 2024 Payment date: 5th September 2024 Dividend yield will be 243%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Mar 31Kokuyo Co., Ltd. to Report Q2, 2024 Results on Jul 29, 2024Kokuyo Co., Ltd. announced that they will report Q2, 2024 results on Jul 29, 2024
Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to €15.10. The fair value is estimated to be €18.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.
공고 • Feb 19Kokuyo Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Kokuyo Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
공고 • Feb 15Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2024Kokuyo Co., Ltd., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 14Full year 2023 earnings released: EPS: JP¥166 (vs JP¥159 in FY 2022)Full year 2023 results: EPS: JP¥166 (up from JP¥159 in FY 2022). Revenue: JP¥328.8b (up 9.2% from FY 2022). Net income: JP¥19.1b (up 3.8% from FY 2022). Profit margin: 5.8% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥32.50 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.3%).
공고 • Dec 05Kokuyo Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024Kokuyo Co., Ltd. announced that they will report fiscal year 2023 results on Feb 13, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: JP¥27.11 (vs JP¥19.11 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.11 (up from JP¥19.11 in 3Q 2022). Revenue: JP¥75.2b (up 9.9% from 3Q 2022). Net income: JP¥3.13b (up 42% from 3Q 2022). Profit margin: 4.2% (up from 3.2% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: JP¥35.36 (vs JP¥27.38 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.36 (up from JP¥27.38 in 2Q 2022). Revenue: JP¥81.0b (up 16% from 2Q 2022). Net income: JP¥4.08b (up 29% from 2Q 2022). Profit margin: 5.0% (up from 4.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공고 • Jul 31Kokuyo Co., Ltd. (TSE:7984) announces an Equity Buyback for 3,000,000 shares, representing 2.6% for ¥5,000 million.Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.60% for ¥5,000 million. The purpose of the program is to improve shareholder return. The program will be valid till July 31, 2023. As of June 30, 2023, the company had 115,550,000 shares (excluding treasury stock) issued and outstanding and 13,192 shares in treasury.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥29.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%).
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: JP¥66.43 (vs JP¥66.36 in 1Q 2022)First quarter 2023 results: EPS: JP¥66.43. Revenue: JP¥92.6b (up 7.1% from 1Q 2022). Net income: JP¥7.67b (flat on 1Q 2022). Profit margin: 8.3% (down from 8.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Germany.
공고 • Feb 16Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2023Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2023.
Reported Earnings • Feb 14Full year 2022 earnings released: EPS: JP¥159 (vs JP¥117 in FY 2021)Full year 2022 results: EPS: JP¥159 (up from JP¥117 in FY 2021). Revenue: JP¥300.9b (down 6.0% from FY 2021). Net income: JP¥18.4b (up 34% from FY 2021). Profit margin: 6.1% (up from 4.3% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공고 • Dec 28Kokuyo Co., Ltd. Offers its Unique Products to the World Through its New E-Commerce WebsiteKokuyo Co., Ltd. has launched its global e-commerce website with the aim to expand its reach across the world. Kokuyo's new website features their signature product Jibun Techo, Japanese for 'Self Planner', which offers fun and creative ways to organize a person's life. The Kokuyo Jibun Techo is a life planner designed to help users plan out their days throughout the year, set goals, and keep track of the progress they made. The more the Jibun Techo is used, the more each person can discover about themselves. As of 2021, more than a hundred thousand people in Japan have selected Kokuyo's Jibun Techo as a lifelong partner for planning their years ahead. The products that Kokuyo brings to life are created to complement and enhance the rapid and ever-changing lifestyles of individuals. Over a span of over 100 years, the Kokuyo brand has become known for cultivating reliable, high quality products that meet the customer's needs. In Japan, the Kokuyo brand has become widely recognized for offering products that are both functional and easily accessible. With the launch of the global e-commerce website, Kokuyo marks the beginning of a new journey of offering their products and sharing its philosophy with a global community. The e-commerce website is available in English and provides access to a 24/7 live chat with customer support.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥29.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 19% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%).
공고 • Dec 06Kokuyo Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023Kokuyo Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. President & Representative Director Hidekuni Kuroda is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: JP¥27.38 (vs JP¥52.35 in 2Q 2021)Second quarter 2022 results: EPS: JP¥27.38 (down from JP¥52.35 in 2Q 2021). Revenue: JP¥70.0b (down 10% from 2Q 2021). Net income: JP¥3.16b (down 49% from 2Q 2021). Profit margin: 4.5% (down from 7.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 6.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (3.6%).
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: JP¥66.36 (vs JP¥18.37 in 1Q 2021)First quarter 2022 results: EPS: JP¥66.36 (up from JP¥18.37 in 1Q 2021). Revenue: JP¥86.4b (down 4.1% from 1Q 2021). Net income: JP¥7.68b (up 254% from 1Q 2021). Profit margin: 8.9% (up from 2.4% in 1Q 2021). Over the next year, revenue is expected to shrink by 1.8% compared to a 16% growth forecast for the industry in Germany.
Board Change • Apr 29High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. President & Representative Director Hidekuni Kuroda is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공고 • Apr 08+ 2 more updatesKokuyo Co., Ltd. to Report Q2, 2022 Results on Jul 29, 2022Kokuyo Co., Ltd. announced that they will report Q2, 2022 results on Jul 29, 2022
Reported Earnings • Feb 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥117 (up from JP¥70.13 in FY 2020). Revenue: JP¥320.2b (up 6.5% from FY 2020). Net income: JP¥13.7b (up 65% from FY 2020). Profit margin: 4.3% (up from 2.8% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 4.1% compared to a 23% growth forecast for the industry in Germany.
공고 • Feb 17Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2022Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2022.
Upcoming Dividend • Dec 23Upcoming dividend of JP¥21.50 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.3%).
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS JP¥27.09 (vs JP¥17.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥73.7b (up 8.7% from 3Q 2020). Net income: JP¥3.17b (up 55% from 3Q 2020). Profit margin: 4.3% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS JP¥52.35 (vs JP¥1.89 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥78.0b (up 19% from 2Q 2020). Net income: JP¥6.16b (up JP¥5.94b from 2Q 2020). Profit margin: 7.9% (up from 0.3% in 2Q 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 07 September 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.3%).
Reported Earnings • May 13First quarter 2021 earnings released: EPS JP¥18.37 (vs JP¥51.27 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: JP¥90.2b (flat on 1Q 2020). Net income: JP¥2.17b (down 64% from 1Q 2020). Profit margin: 2.4% (down from 6.7% in 1Q 2020).
Reported Earnings • Apr 06Full year 2020 earnings released: EPS JP¥70.13 (vs JP¥129 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥300.6b (down 6.1% from FY 2019). Net income: JP¥8.30b (down 46% from FY 2019). Profit margin: 2.8% (down from 4.8% in FY 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Feb 16New 90-day high: €11.70The company is up 5.0% from its price of €11.10 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.62 per share.
공고 • Feb 16Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2021Kokuyo Co., Ltd., Annual General Meeting, Mar 30, 2021.
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥70.13 (vs JP¥129 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥300.6b (down 6.1% from FY 2019). Net income: JP¥8.30b (down 46% from FY 2019). Profit margin: 2.8% (down from 4.8% in FY 2019). The decrease in margin was driven by lower revenue.
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 3.4%, compared to a 10% growth forecast for the Commercial Services industry in Germany.
공고 • Feb 13Kokuyo Co., Ltd. (TSE:7984) acquired Clear Co., Ltd.Kokuyo Co., Ltd. (TSE:7984) acquired Clear Co., Ltd. on February 12, 2021. Kokuyo Co., Ltd. purchase 0.27 million shares of Clear Co. Kokuyo Co., Ltd. (TSE:7984) completed the acquisition of Clear Co., Ltd. on February 12, 2021.
Is New 90 Day High Low • Jan 25New 90-day low: €10.40The company is down 8.0% from its price of €11.30 on 27 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.80 per share.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥19.50 Per ShareWill be paid on the 30th of March to those who are registered shareholders by the 29th of December. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.5%), but is in line with industry peers (2.8%).
공고 • Dec 05Kokuyo Co., Ltd. to Report Q4, 2020 Results on Feb 12, 2021Kokuyo Co., Ltd. announced that they will report Q4, 2020 results on Feb 12, 2021
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS JP¥17.26The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: JP¥67.9b (down 11% from 3Q 2019). Net income: JP¥2.04b (up 7.1% from 3Q 2019). Profit margin: 3.0% (up from 2.5% in 3Q 2019). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Oct 29New 90-day high: €11.30The company is up 23% from its price of €9.20 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 1.0% over the same period.
Reported Earnings • Oct 26Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥12.1b, down 11% from the prior year. Total revenue was JP¥300.4b over the last 12 months, down 6.9% from the prior year.
Is New 90 Day High Low • Sep 28New 90-day high: €10.80The company is up 2.0% from its price of €10.60 on 30 June 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.57 per share.
공고 • Sep 02Kokuyo Co., Ltd. To Be Deleted From Other OTCKokuyo Co., Ltd. Ordinary Shares (Japan) will be deleted from Other OTC effective August 17, 2020, due to Inactive Security.