View ValuationKadokawa 향후 성장Future 기준 점검 3/6Kadokawa (는) 각각 연간 33.3% 및 4.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 32.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 6% 로 예상됩니다.핵심 정보33.3%이익 성장률32.37%EPS 성장률Media 이익 성장16.3%매출 성장률4.7%향후 자기자본이익률5.97%애널리스트 커버리지Good마지막 업데이트25 Jun 2026최근 향후 성장 업데이트Major Estimate Revision • Jun 26Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥66.20 to JP¥56.67 per share. Revenue forecast steady at JP¥299.6b. Net income forecast to grow 565% next year vs 8.1% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,143. Share price rose 2.4% to JP¥3,358 over the past week.Major Estimate Revision • May 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥294.0b to JP¥297.9b. EPS estimate fell from JP¥81.33 to JP¥67.13 per share. Net income forecast to grow 727% next year vs 6.0% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,151. Share price was steady at JP¥3,289 over the past week.분석 기사 • May 18Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsLast week, you might have seen that Kadokawa Corporation ( TSE:9468 ) released its full-year result to the market. The...Price Target Changed • Mar 18Price target decreased by 7.3% to JP¥3,195Down from JP¥3,445, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,166. Stock is down 9.1% over the past year. The company is forecast to post earnings per share of JP¥36.14 for next year compared to JP¥53.86 last year.분석 기사 • Feb 14Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedKadokawa Corporation ( TSE:9468 ) shareholders are probably feeling a little disappointed, since its shares fell 6.1...분석 기사 • Nov 08Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedThere's been a notable change in appetite for Kadokawa Corporation ( TSE:9468 ) shares in the week since its...모든 업데이트 보기Recent updates공시 • Jul 01Oasis Views 2026 AGM Results as Turning Point for Accountability at KADOKAWAOn June 29, 2026, Oasis Management Company Ltd announced that it comments on the outcome of Kadokawa’s 2026 Annual General Meeting held on June 24, 2026, as it is deeply disappointing that CEO Takeshi Natsuno was reappointed as a director of the Company, the voting results represent a significant milestone in the campaign for accountability at the Company. Oasis stated that it will continue engaging constructively with the Company, its Board, fellow shareholders and other stakeholders to support the Company’s long-term corporate value.Buy Or Sell Opportunity • Jul 01Now 22% overvaluedOver the last 90 days, the stock has fallen 5.4% to JP¥3,609. The fair value is estimated to be JP¥2,956, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 31%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 33% per annum over the same time period.속보 • Jun 30Support for Kadokawa CEO Falls Sharply at AGM as Governance Questions MountAt Kadokawa’s latest AGM, support for CEO Takeshi Natsuno’s reappointment dropped to 59.68% from 90.26% a year earlier, while Board Chair Hiroo Unoura and internal director Nobuo Kawakami also received comparatively weak backing. This highlighted rising shareholder dissatisfaction with the board. Oasis Management criticized the meeting, saying Natsuno avoided answering questions, which the fund framed as a lack of accountability and a broader sign of concern around Kadokawa’s corporate governance. Kadokawa’s shares trade at ¥3,461, with the stock up 10.7% year to date. This indicates that the governance debate is unfolding alongside generally positive share performance in 2026. This level of dissent at the top of Kadokawa raises the risk of further shareholder pressure, potential leadership changes or governance reforms that could affect how the company sets and executes its strategy.공시 • Jun 27Kadokawa Corporation to Report Q1, 2027 Results on Aug 13, 2026Kadokawa Corporation announced that they will report Q1, 2027 results on Aug 13, 2026Major Estimate Revision • Jun 26Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥66.20 to JP¥56.67 per share. Revenue forecast steady at JP¥299.6b. Net income forecast to grow 565% next year vs 8.1% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,143. Share price rose 2.4% to JP¥3,358 over the past week.공시 • Jun 24Kadokawa Corporation Appoints Koji Okura as Independent Member of the Board and Member of the Audit Committee, Effective June 24, 2026KADOKAWA CORPORATION announced that a resolution to elect Members of the Board was adopted at the 12th Annual General Meeting of Shareholders held on June 24, 2026. The following appointments were made effective June 24, 2026: Koji Okura was newly appointed as Member of the Board, Independent, and Member of the Audit Committee.분석 기사 • Jun 21Kadokawa (TSE:9468) Stock Looks Fully Valued As Proxy Advisor Pressure Tests Governance RiskActivist pressure and proxy advisor push put Kadokawa in focus Kadokawa (TSE:9468) is under heightened investor scrutiny after Oasis Management’s campaign for leadership change gained backing from proxy advisors ISS and Glass Lewis ahead of a closely watched June 24 annual meeting. See our latest analysis for Kadokawa. Recent activism and governance headlines have kept Kadokawa in the spotlight, and the 1 day share price return of 2.95% to ¥3,278 sits against a 90 day share price return of...공시 • Jun 10Oasis Management Company Ltd. Provides Information to Kadokawa CorporationOn June 9, 2026, Oasis Management Company Ltd. announced that it issued the following statement in response to media reports that the Japan Fair Trade Commission (“JFTC”) intends to issue another recommendation against Kadokawa Corporation for violations of the Act on Ensuring Proper Transactions Involving Specified Entrusted Business Operators, widely known as the Freelance Protection Act. Oasis Management Company Ltd urges the Company’s shareholders to vote against the reappointment of CEO Takeshi Natsuno as a director and to support Oasis’s shareholder proposal to dismiss CEO Takeshi Natsuno at the upcoming AGM on June 24, 2026. Oasis stated the concerns about the Company’s governance, compliance failures, and management oversight, highlighted by repeated investigations and recommendations from the Japan Fair Trade Commission regarding improper treatment of freelance partners. Additionally, Oasis stated that the persistence of these issues under current leadership demonstrates the need for a management change to restore accountability and strengthen governance at the Company.속보 • Jun 08Oasis Urges Shareholders to Oppose Kadokawa CEO Reappointment Over Performance ConcernsOasis Management, a significant shareholder in Kadokawa, is urging investors to vote against the reappointment of CEO Takeshi Natsuno at the 2026 AGM. The fund cites what it describes as deteriorated financial performance over the past five years as a key reason for its opposition. Oasis also criticizes how Kadokawa’s IP and core businesses have been handled and is calling for changes to leadership, governance and capital allocation. A public challenge from a large shareholder puts Kadokawa’s leadership and board decisions under close scrutiny, particularly regarding how effectively the company is using its intellectual property and managing its main business lines. Investors may want to monitor how other shareholders respond ahead of the 2026 AGM, as a broader push for change could affect management stability and capital allocation policies.Major Estimate Revision • May 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥294.0b to JP¥297.9b. EPS estimate fell from JP¥81.33 to JP¥67.13 per share. Net income forecast to grow 727% next year vs 6.0% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,151. Share price was steady at JP¥3,289 over the past week.분석 기사 • May 22Some Investors May Be Willing To Look Past Kadokawa's (TSE:9468) Soft EarningsShareholders appeared unconcerned with Kadokawa Corporation's ( TSE:9468 ) lackluster earnings report last week. We...분석 기사 • May 18Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsLast week, you might have seen that Kadokawa Corporation ( TSE:9468 ) released its full-year result to the market. The...Reported Earnings • May 17Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥8.71 (down from JP¥53.86 in FY 2025). Revenue: JP¥282.9b (up 1.8% from FY 2025). Net income: JP¥1.28b (down 83% from FY 2025). Profit margin: 0.5% (down from 2.7% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 73%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • May 15Kadokawa Corporation, Annual General Meeting, Jun 24, 2026Kadokawa Corporation, Annual General Meeting, Jun 24, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%).Price Target Changed • Mar 18Price target decreased by 7.3% to JP¥3,195Down from JP¥3,445, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,166. Stock is down 9.1% over the past year. The company is forecast to post earnings per share of JP¥36.14 for next year compared to JP¥53.86 last year.분석 기사 • Feb 14Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedKadokawa Corporation ( TSE:9468 ) shareholders are probably feeling a little disappointed, since its shares fell 6.1...Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥4.90 (vs JP¥31.76 in 3Q 2025)Third quarter 2026 results: EPS: JP¥4.90 (down from JP¥31.76 in 3Q 2025). Revenue: JP¥69.1b (down 1.7% from 3Q 2025). Net income: JP¥720.0m (down 83% from 3Q 2025). Profit margin: 1.0% (down from 6.1% in 3Q 2025). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.분석 기사 • Feb 13Kadokawa (TSE:9468) Is Due To Pay A Dividend Of ¥30.00The board of Kadokawa Corporation ( TSE:9468 ) has announced that it will pay a dividend of ¥30.00 per share on the...분석 기사 • Jan 16Returns On Capital Signal Tricky Times Ahead For Kadokawa (TSE:9468)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...공시 • Dec 27Kadokawa Corporation to Report Q3, 2026 Results on Feb 12, 2026Kadokawa Corporation announced that they will report Q3, 2026 results on Feb 12, 2026공시 • Dec 03Kadokawa Corporation (TSE:9468) acquired 80% stake in SOZO Pte Ltd.Kadokawa Corporation (TSE:9468) acquired 80% stake in SOZO Pte Ltd on November 2025. Kadokawa Corporation (TSE:9468) completed the acquisition of 80% stake in SOZO Pte Ltd on November 2025.분석 기사 • Nov 16There May Be Reason For Hope In Kadokawa's (TSE:9468) Disappointing EarningsThe most recent earnings report from Kadokawa Corporation ( TSE:9468 ) was disappointing for shareholders. Despite the...분석 기사 • Nov 08Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedThere's been a notable change in appetite for Kadokawa Corporation ( TSE:9468 ) shares in the week since its...Declared Dividend • Nov 08Dividend of JP¥30.00 announcedDividend of JP¥30.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.3%.공시 • Sep 27Kadokawa Corporation to Report Q2, 2026 Results on Nov 06, 2025Kadokawa Corporation announced that they will report Q2, 2026 results on Nov 06, 2025분석 기사 • Sep 21Getting In Cheap On Kadokawa Corporation (TSE:9468) Might Be DifficultWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider...분석 기사 • Aug 10Kadokawa Corporation Recorded A 8.0% Miss On Revenue: Analysts Are Revisiting Their ModelsTSE:9468 1 Year Share Price vs Fair Value Explore Kadokawa's Fair Values from the Community and select yours Kadokawa...Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥19.50 (vs JP¥25.69 in 1Q 2025)First quarter 2026 results: EPS: JP¥19.50 (down from JP¥25.69 in 1Q 2025). Revenue: JP¥64.8b (down 1.5% from 1Q 2025). Net income: JP¥2.86b (down 17% from 1Q 2025). Profit margin: 4.4% (down from 5.2% in 1Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Jul 04GeeXPlus, Inc. Announces the Launch of GeeXProductions with Creator-Led Anime Projects from Gigguk, DillonGoo, and OtakuVSGeeXPlus Inc. announced the new GeeX Productions division, which expands the agency's ability to support creators in fully leveraging their intellectual property (IP). GeeX Productions' projects -- Gigguk'sime short movie Baan -Da Ren noQiang Jie - (Baan -The Boundaries of Adulthood-), DillonGoo's original 12-episode 3D Blender animation Soul Mart, and OtakuVS' long-running indie anime short series Otachan! - were introduced during a panel this evening at Anime Expo (AX). Key visuals for Gigguk's "Baan (Baan -The Boundary of Adulthood-)", DillonGoo Studios' "Soul Mart" and Studio OtakuVersus' "Otachan!Rabbit Season" from GeeX Productions' first three projects are as follows, with more expected as the agency continues to expand its roster of anime-based talent. GeeX Productions Projects "Baan -Da Ren noQiangJie -", created by Gigguk, is set in the fictional world of Euthania, which is connected to Japan via a warp gate. The story follows two protagonists who leave their birthplaces in search of a place where they truly belong. The short anime is directed by Yoshimitsu Ohashi, known for directing CODE GEASS Roze of the Recapture, with music composed by Kevin Penkin, acclaimed for his work on Made in Abyss, and animation by Studio OtakuVersus's mission to revive the lost art of elusive, high-quality OVAs. Exclusive merch from the projects and other GeeXPlus talent is available for purchase at AX booth WH-634 or via online preorder.Reported Earnings • Jul 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥53.86 (down from JP¥83.42 in FY 2024). Revenue: JP¥277.9b (up 7.7% from FY 2024). Net income: JP¥7.39b (down 35% from FY 2024). Profit margin: 2.7% (down from 4.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Jun 27Kadokawa Corporation to Report Q1, 2026 Results on Aug 07, 2025Kadokawa Corporation announced that they will report Q1, 2026 results on Aug 07, 2025공시 • Jun 26Kadokawa Corporation Elects Koichi Kusano as Member of the Board and Chairperson of the Audit Committee, Effective June 26, 2025KADOKAWA CORPORATION announced that a resolution to elect Members of the Board was adopted at the 11th General Meeting of Shareholders held on June 26, 2025, the shareholders elected Koichi Kusano as Member of the Board, Independent and Chairperson of the Audit Committee of the company.분석 기사 • May 31Kadokawa (TSE:9468) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...분석 기사 • May 16Kadokawa's (TSE:9468) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsA lackluster earnings announcement from Kadokawa Corporation ( TSE:9468 ) last week didn't sink the stock price. We...분석 기사 • May 12Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsLast week, you might have seen that Kadokawa Corporation ( TSE:9468 ) released its full-year result to the market. The...분석 기사 • May 09Why We're Not Concerned About Kadokawa Corporation's (TSE:9468) Share PriceWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider...Reported Earnings • May 09Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥53.86 (down from JP¥83.42 in FY 2024). Revenue: JP¥277.9b (up 7.7% from FY 2024). Net income: JP¥7.39b (down 35% from FY 2024). Profit margin: 2.7% (down from 4.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • May 08Kadokawa Corporation, Annual General Meeting, Jun 26, 2025Kadokawa Corporation, Annual General Meeting, Jun 26, 2025.분석 기사 • Apr 16An Intrinsic Calculation For Kadokawa Corporation (TSE:9468) Suggests It's 28% UndervaluedKey Insights The projected fair value for Kadokawa is JP¥5,271 based on 2 Stage Free Cash Flow to Equity Kadokawa is...Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 June 2025. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.3%).공시 • Mar 01Kadokawa Corporation to Report Fiscal Year 2025 Results on May 08, 2025Kadokawa Corporation announced that they will report fiscal year 2025 results on May 08, 2025분석 기사 • Feb 09Kadokawa Corporation (TSE:9468) Just Released Its Third-Quarter Earnings: Here's What Analysts ThinkIt's been a good week for Kadokawa Corporation ( TSE:9468 ) shareholders, because the company has just released its...Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥31.76 (vs JP¥16.25 in 3Q 2024)Third quarter 2025 results: EPS: JP¥31.76 (up from JP¥16.25 in 3Q 2024). Revenue: JP¥70.3b (up 12% from 3Q 2024). Net income: JP¥4.27b (up 95% from 3Q 2024). Profit margin: 6.1% (up from 3.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.분석 기사 • Jan 05What You Can Learn From Kadokawa Corporation's (TSE:9468) P/E After Its 30% Share Price CrashKadokawa Corporation ( TSE:9468 ) shares have had a horrible month, losing 30% after a relatively good period...공시 • Jan 03Kadokawa Corporation to Report Q3, 2025 Results on Feb 06, 2025Kadokawa Corporation announced that they will report Q3, 2025 results on Feb 06, 2025Price Target Changed • Dec 27Price target decreased by 11% to JP¥3,938Down from JP¥4,405, the current price target is an average from 6 analysts. New target price is 26% above last closing price of JP¥3,124. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of JP¥75.03 for next year compared to JP¥83.42 last year.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥3,689, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,605 per share.Buy Or Sell Opportunity • Dec 17Now 20% undervaluedOver the last 90 days, the stock has risen 48% to JP¥4,454. The fair value is estimated to be JP¥5,570, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Price Target Changed • Dec 02Price target increased by 10% to JP¥4,405Up from JP¥3,988, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥4,384. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥79.92 for next year compared to JP¥83.42 last year.Price Target Changed • Nov 27Price target increased by 10% to JP¥4,155Up from JP¥3,761, the current price target is an average from 6 analysts. New target price is 5.4% below last closing price of JP¥4,390. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥79.92 for next year compared to JP¥83.42 last year.Buy Or Sell Opportunity • Nov 27Now 21% undervaluedOver the last 90 days, the stock has risen 50% to JP¥4,398. The fair value is estimated to be JP¥5,545, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 41%After last week's 41% share price gain to JP¥4,132, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,571 per share.분석 기사 • Nov 21Investors Appear Satisfied With Kadokawa Corporation's (TSE:9468) Prospects As Shares Rocket 29%Kadokawa Corporation ( TSE:9468 ) shares have continued their recent momentum with a 29% gain in the last month alone...공시 • Nov 19Sony Reportedly in Talks to Buy Media Powerhouse Behind 'Elden Ring' GameSony Group Corporation (TSE:6758) is in talks to acquire Kadokawa Corporation (TSE:9468), the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio. The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said. Sony declined to comment. Kadokawa said it cannot comment. Sony already has a 2% stake in Kadokawa and a stake in Kadokawa subsidiary FromSoftware Inc., the developer of the hit fantasy role-playing game.분석 기사 • Nov 11Kadokawa Corporation (TSE:9468) Just Released Its Interim Results And Analysts Are Updating Their EstimatesIt's been a sad week for Kadokawa Corporation ( TSE:9468 ), who've watched their investment drop 13% to JP¥2,865 in the...Reported Earnings • Nov 09Second quarter 2025 earnings released: JP¥2.66 loss per share (vs JP¥2.05 profit in 2Q 2024)Second quarter 2025 results: JP¥2.66 loss per share (down from JP¥2.05 profit in 2Q 2024). Revenue: JP¥70.5b (up 7.8% from 2Q 2024). Net loss: JP¥358.0m (down 227% from profit in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.New Risk • Nov 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 6.1% 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. This is currently the only risk that has been identified for the company.공시 • Sep 27Kadokawa Corporation to Report Q2, 2025 Results on Nov 07, 2024Kadokawa Corporation announced that they will report Q2, 2025 results on Nov 07, 2024분석 기사 • Sep 04Earnings Tell The Story For Kadokawa Corporation (TSE:9468) As Its Stock Soars 30%Those holding Kadokawa Corporation ( TSE:9468 ) shares would be relieved that the share price has rebounded 30% in the...Major Estimate Revision • Aug 21Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥102 to JP¥91.59 per share. Revenue forecast steady at JP¥267.7b. Net income forecast to grow 31% next year vs 8.4% growth forecast for Media industry in Japan. Consensus price target of JP¥3,704 unchanged from last update. Share price rose 18% to JP¥3,007 over the past week.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,007, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,630 per share.분석 기사 • Aug 19Analysts Have Made A Financial Statement On Kadokawa Corporation's (TSE:9468) First-Quarter ReportIt's been a pretty great week for Kadokawa Corporation ( TSE:9468 ) shareholders, with its shares surging 16% to...Reported Earnings • Aug 17First quarter 2025 earnings released: EPS: JP¥25.69 (vs JP¥27.59 in 1Q 2024)First quarter 2025 results: EPS: JP¥25.69 (down from JP¥27.59 in 1Q 2024). Revenue: JP¥65.9b (up 12% from 1Q 2024). Net income: JP¥3.45b (down 10% from 1Q 2024). Profit margin: 5.2% (down from 6.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,270, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Media industry in Japan. Negligible returns to shareholders over past three years.분석 기사 • Jun 19Kadokawa (TSE:9468) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Jun 06Kadokawa Corporation to Report Q1, 2025 Results on Aug 08, 2024Kadokawa Corporation announced that they will report Q1, 2025 results on Aug 08, 2024분석 기사 • May 31Returns Are Gaining Momentum At Kadokawa (TSE:9468)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Reported Earnings • May 11Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥83.42 (down from JP¥90.91 in FY 2023). Revenue: JP¥258.1b (up 1.0% from FY 2023). Net income: JP¥11.4b (down 10% from FY 2023). Profit margin: 4.4% (down from 5.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공시 • May 11Kadokawa Corporation, Annual General Meeting, Jun 18, 2024Kadokawa Corporation, Annual General Meeting, Jun 18, 2024.Major Estimate Revision • Mar 30Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥255.5b to JP¥251.6b. EPS estimate also fell from JP¥81.83 per share to JP¥60.64 per share. Net income forecast to grow 96% next year vs 13% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,838. Share price fell 3.7% to JP¥2,652 over the past week.공시 • Mar 28Kadokawa Corporation to Report Fiscal Year 2024 Results on May 09, 2024Kadokawa Corporation announced that they will report fiscal year 2024 results on May 09, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.2%).분석 기사 • Mar 19These 4 Measures Indicate That Kadokawa (TSE:9468) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Major Estimate Revision • Mar 02Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥92.87 to JP¥81.83 per share. Revenue forecast steady at JP¥255.5b. Net income forecast to grow 110% next year vs 7.2% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,888. Share price fell 6.6% to JP¥2,875 over the past week.Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥16.25 (vs JP¥11.62 in 3Q 2023)Third quarter 2024 results: EPS: JP¥16.25 (up from JP¥11.62 in 3Q 2023). Revenue: JP¥62.8b (down 6.4% from 3Q 2023). Net income: JP¥2.19b (up 35% from 3Q 2023). Profit margin: 3.5% (up from 2.4% in 3Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.공시 • Dec 28Kadokawa Corporation to Report Q3, 2024 Results on Feb 08, 2024Kadokawa Corporation announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥2.05 (vs JP¥20.79 in 2Q 2023)Second quarter 2024 results: EPS: JP¥2.05 (down from JP¥20.79 in 2Q 2023). Revenue: JP¥65.4b (up 12% from 2Q 2023). Net income: JP¥282.0m (down 90% from 2Q 2023). Profit margin: 0.4% (down from 5.0% in 2Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 27Kadokawa Corporation to Report Q2, 2024 Results on Nov 02, 2023Kadokawa Corporation announced that they will report Q2, 2024 results on Nov 02, 2023New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥27.59 (vs JP¥54.85 in 1Q 2023)First quarter 2024 results: EPS: JP¥27.59 (down from JP¥54.85 in 1Q 2023). Revenue: JP¥58.8b (down 8.4% from 1Q 2023). Net income: JP¥3.84b (down 50% from 1Q 2023). Profit margin: 6.5% (down from 12% in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 28Kadokawa Corporation to Report Q1, 2024 Results on Aug 03, 2023Kadokawa Corporation announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • May 15Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥90.91 (down from JP¥106 in FY 2022). Revenue: JP¥255.4b (up 16% from FY 2022). Net income: JP¥12.7b (down 9.9% from FY 2022). Profit margin: 5.0% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 13Kadokawa Corporation, Annual General Meeting, Jun 22, 2023Kadokawa Corporation, Annual General Meeting, Jun 22, 2023.공시 • May 12Kadokawa Corporation (TSE:9468) announces an Equity Buyback for 8,000,000 shares, representing 5.64% for ¥20,000 million.Kadokawa Corporation (TSE:9468) announces a share repurchase program. Under the program, the company will repurchase 8,000,000 shares, representing 5.64% of the its issued share capital, for ¥20,000 million. The purpose of the program is to improve capital efficiency and strengthen the return of profits to shareholders. The program will be valid till March 31, 2024. As of March 31, 2023, the company had 141,783,863 shares outstanding and 257 shares in treasury.Buying Opportunity • Apr 07Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be JP¥3,480, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).Major Estimate Revision • Feb 09Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥241.8b to JP¥248.9b. EPS estimate fell from JP¥111 to JP¥89.92 per share. Net income forecast to shrink 15% next year vs 12% growth forecast for Media industry in Japan . Consensus price target broadly unchanged at JP¥3,583. Share price rose 11% to JP¥2,635 over the past week.Reported Earnings • Feb 03Third quarter 2023 earnings released: EPS: JP¥11.62 (vs JP¥18.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.62 (down from JP¥18.27 in 3Q 2022). Revenue: JP¥67.1b (up 27% from 3Q 2022). Net income: JP¥1.62b (down 34% from 3Q 2022). Profit margin: 2.4% (down from 4.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Dec 09Kadokawa Corporation to Report Q3, 2023 Results on Feb 02, 2023Kadokawa Corporation announced that they will report Q3, 2023 results on Feb 02, 2023Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Akira Watanabe was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥20.79 (vs JP¥23.95 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.79 (down from JP¥23.95 in 2Q 2022). Revenue: JP¥58.4b (up 11% from 2Q 2022). Net income: JP¥2.90b (down 6.3% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥54.85 (vs JP¥31.21 in 1Q 2022)First quarter 2023 results: EPS: JP¥54.85 (up from JP¥31.21 in 1Q 2022). Revenue: JP¥64.3b (up 24% from 1Q 2022). Net income: JP¥7.64b (up 90% from 1Q 2022). Profit margin: 12% (up from 7.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.7%, compared to a 5.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Jul 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.3%. The fair value is estimated to be JP¥4,059, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.공시 • Jul 03Kadokawa Corporation to Report Q1, 2023 Results on Jul 29, 2022Kadokawa Corporation announced that they will report Q1, 2023 results on Jul 29, 2022Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥3,015, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 321% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,543 per share.이익 및 매출 성장 예측TSE:9468 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029339,38917,10419,79027,74853/31/2028318,13713,56511,59320,85773/31/2027299,5688,5024,19519,13173/31/2026282,9081,278-6,0843,424N/A12/31/2025274,3192,2371,39311,416N/A9/30/2025275,5285,787-1,04813,036N/A6/30/2025276,8996,796-85613,107N/A3/31/2025277,9157,392-29213,841N/A12/31/2024277,67212,437N/AN/AN/A9/30/2024270,22210,355N/AN/AN/A6/30/2024265,13410,995N/AN/AN/A3/31/2024258,10911,384N/AN/AN/A12/31/2023252,7266,8333,07912,020N/A9/30/2023256,9976,2671,8849,928N/A6/30/2023250,0008,8842,72610,450N/A3/31/2023255,42912,67910,44817,516N/A12/31/2022253,29416,66714,66920,904N/A9/30/2022239,03617,49915,60021,941N/A6/30/2022233,43817,69318,47724,169N/A3/31/2022221,20814,07816,45421,708N/A12/31/2021214,81110,1678,17315,982N/A9/30/2021217,20511,4948,95617,462N/A6/30/2021214,95811,1529,59418,889N/A3/31/2021209,9479,584-4,70315,586N/A12/31/2020207,2539,203-4,57113,458N/A9/30/2020201,7677,102-7,68410,350N/A6/30/2020201,9317,950-13,13712,838N/A3/31/2020204,6538,0981,13616,516N/A12/31/2019206,6805,966N/A11,836N/A9/30/2019206,915-2N/A11,367N/A6/30/2019208,719-1,850N/A8,918N/A3/31/2019208,605-4,085N/A5,864N/A12/31/2018207,012-2,836N/A6,127N/A9/30/2018207,4411,408N/A9,916N/A6/30/2018206,4751,429N/A3,512N/A3/31/2018206,7851,038N/A1,608N/A12/31/2017207,1641,887N/A9,071N/A9/30/2017207,3954,496N/A4,768N/A6/30/2017206,6444,685N/A8,166N/A3/31/2017205,7175,767N/A11,968N/A12/31/2016205,3357,106N/A12,207N/A9/30/2016206,8147,951N/A12,338N/A6/30/2016203,0538,124N/A11,597N/A3/31/2016200,9456,845N/A6,733N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9468 의 연간 예상 수익 증가율(33.3%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 9468 의 연간 수익(33.3%)이 JP 시장(10.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 9468 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 9468 의 수익(연간 4.7%)이 JP 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 9468 의 수익(연간 4.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9468의 자본 수익률은 3년 후 6%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/12 00:09종가2026/07/10 00:00수익2026/03/31연간 수익2026/03/31데이터 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 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 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 소스Kadokawa Corporation는 9명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yoshitaka NagaoBofA Global ResearchTaro IshiharaDaiwa Securities Co. Ltd.Shunsuke KuriyamaJefferies LLC6명의 분석가 더 보기
Major Estimate Revision • Jun 26Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥66.20 to JP¥56.67 per share. Revenue forecast steady at JP¥299.6b. Net income forecast to grow 565% next year vs 8.1% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,143. Share price rose 2.4% to JP¥3,358 over the past week.
Major Estimate Revision • May 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥294.0b to JP¥297.9b. EPS estimate fell from JP¥81.33 to JP¥67.13 per share. Net income forecast to grow 727% next year vs 6.0% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,151. Share price was steady at JP¥3,289 over the past week.
분석 기사 • May 18Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsLast week, you might have seen that Kadokawa Corporation ( TSE:9468 ) released its full-year result to the market. The...
Price Target Changed • Mar 18Price target decreased by 7.3% to JP¥3,195Down from JP¥3,445, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,166. Stock is down 9.1% over the past year. The company is forecast to post earnings per share of JP¥36.14 for next year compared to JP¥53.86 last year.
분석 기사 • Feb 14Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedKadokawa Corporation ( TSE:9468 ) shareholders are probably feeling a little disappointed, since its shares fell 6.1...
분석 기사 • Nov 08Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedThere's been a notable change in appetite for Kadokawa Corporation ( TSE:9468 ) shares in the week since its...
공시 • Jul 01Oasis Views 2026 AGM Results as Turning Point for Accountability at KADOKAWAOn June 29, 2026, Oasis Management Company Ltd announced that it comments on the outcome of Kadokawa’s 2026 Annual General Meeting held on June 24, 2026, as it is deeply disappointing that CEO Takeshi Natsuno was reappointed as a director of the Company, the voting results represent a significant milestone in the campaign for accountability at the Company. Oasis stated that it will continue engaging constructively with the Company, its Board, fellow shareholders and other stakeholders to support the Company’s long-term corporate value.
Buy Or Sell Opportunity • Jul 01Now 22% overvaluedOver the last 90 days, the stock has fallen 5.4% to JP¥3,609. The fair value is estimated to be JP¥2,956, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 31%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 33% per annum over the same time period.
속보 • Jun 30Support for Kadokawa CEO Falls Sharply at AGM as Governance Questions MountAt Kadokawa’s latest AGM, support for CEO Takeshi Natsuno’s reappointment dropped to 59.68% from 90.26% a year earlier, while Board Chair Hiroo Unoura and internal director Nobuo Kawakami also received comparatively weak backing. This highlighted rising shareholder dissatisfaction with the board. Oasis Management criticized the meeting, saying Natsuno avoided answering questions, which the fund framed as a lack of accountability and a broader sign of concern around Kadokawa’s corporate governance. Kadokawa’s shares trade at ¥3,461, with the stock up 10.7% year to date. This indicates that the governance debate is unfolding alongside generally positive share performance in 2026. This level of dissent at the top of Kadokawa raises the risk of further shareholder pressure, potential leadership changes or governance reforms that could affect how the company sets and executes its strategy.
공시 • Jun 27Kadokawa Corporation to Report Q1, 2027 Results on Aug 13, 2026Kadokawa Corporation announced that they will report Q1, 2027 results on Aug 13, 2026
Major Estimate Revision • Jun 26Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥66.20 to JP¥56.67 per share. Revenue forecast steady at JP¥299.6b. Net income forecast to grow 565% next year vs 8.1% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,143. Share price rose 2.4% to JP¥3,358 over the past week.
공시 • Jun 24Kadokawa Corporation Appoints Koji Okura as Independent Member of the Board and Member of the Audit Committee, Effective June 24, 2026KADOKAWA CORPORATION announced that a resolution to elect Members of the Board was adopted at the 12th Annual General Meeting of Shareholders held on June 24, 2026. The following appointments were made effective June 24, 2026: Koji Okura was newly appointed as Member of the Board, Independent, and Member of the Audit Committee.
분석 기사 • Jun 21Kadokawa (TSE:9468) Stock Looks Fully Valued As Proxy Advisor Pressure Tests Governance RiskActivist pressure and proxy advisor push put Kadokawa in focus Kadokawa (TSE:9468) is under heightened investor scrutiny after Oasis Management’s campaign for leadership change gained backing from proxy advisors ISS and Glass Lewis ahead of a closely watched June 24 annual meeting. See our latest analysis for Kadokawa. Recent activism and governance headlines have kept Kadokawa in the spotlight, and the 1 day share price return of 2.95% to ¥3,278 sits against a 90 day share price return of...
공시 • Jun 10Oasis Management Company Ltd. Provides Information to Kadokawa CorporationOn June 9, 2026, Oasis Management Company Ltd. announced that it issued the following statement in response to media reports that the Japan Fair Trade Commission (“JFTC”) intends to issue another recommendation against Kadokawa Corporation for violations of the Act on Ensuring Proper Transactions Involving Specified Entrusted Business Operators, widely known as the Freelance Protection Act. Oasis Management Company Ltd urges the Company’s shareholders to vote against the reappointment of CEO Takeshi Natsuno as a director and to support Oasis’s shareholder proposal to dismiss CEO Takeshi Natsuno at the upcoming AGM on June 24, 2026. Oasis stated the concerns about the Company’s governance, compliance failures, and management oversight, highlighted by repeated investigations and recommendations from the Japan Fair Trade Commission regarding improper treatment of freelance partners. Additionally, Oasis stated that the persistence of these issues under current leadership demonstrates the need for a management change to restore accountability and strengthen governance at the Company.
속보 • Jun 08Oasis Urges Shareholders to Oppose Kadokawa CEO Reappointment Over Performance ConcernsOasis Management, a significant shareholder in Kadokawa, is urging investors to vote against the reappointment of CEO Takeshi Natsuno at the 2026 AGM. The fund cites what it describes as deteriorated financial performance over the past five years as a key reason for its opposition. Oasis also criticizes how Kadokawa’s IP and core businesses have been handled and is calling for changes to leadership, governance and capital allocation. A public challenge from a large shareholder puts Kadokawa’s leadership and board decisions under close scrutiny, particularly regarding how effectively the company is using its intellectual property and managing its main business lines. Investors may want to monitor how other shareholders respond ahead of the 2026 AGM, as a broader push for change could affect management stability and capital allocation policies.
Major Estimate Revision • May 22Consensus EPS estimates fall by 17%, revenue upgradedThe consensus outlook for fiscal year 2027 has been updated. 2027 revenue forecast increased from JP¥294.0b to JP¥297.9b. EPS estimate fell from JP¥81.33 to JP¥67.13 per share. Net income forecast to grow 727% next year vs 6.0% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,151. Share price was steady at JP¥3,289 over the past week.
분석 기사 • May 22Some Investors May Be Willing To Look Past Kadokawa's (TSE:9468) Soft EarningsShareholders appeared unconcerned with Kadokawa Corporation's ( TSE:9468 ) lackluster earnings report last week. We...
분석 기사 • May 18Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsLast week, you might have seen that Kadokawa Corporation ( TSE:9468 ) released its full-year result to the market. The...
Reported Earnings • May 17Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2026 results: EPS: JP¥8.71 (down from JP¥53.86 in FY 2025). Revenue: JP¥282.9b (up 1.8% from FY 2025). Net income: JP¥1.28b (down 83% from FY 2025). Profit margin: 0.5% (down from 2.7% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 73%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • May 15Kadokawa Corporation, Annual General Meeting, Jun 24, 2026Kadokawa Corporation, Annual General Meeting, Jun 24, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%).
Price Target Changed • Mar 18Price target decreased by 7.3% to JP¥3,195Down from JP¥3,445, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,166. Stock is down 9.1% over the past year. The company is forecast to post earnings per share of JP¥36.14 for next year compared to JP¥53.86 last year.
분석 기사 • Feb 14Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedKadokawa Corporation ( TSE:9468 ) shareholders are probably feeling a little disappointed, since its shares fell 6.1...
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥4.90 (vs JP¥31.76 in 3Q 2025)Third quarter 2026 results: EPS: JP¥4.90 (down from JP¥31.76 in 3Q 2025). Revenue: JP¥69.1b (down 1.7% from 3Q 2025). Net income: JP¥720.0m (down 83% from 3Q 2025). Profit margin: 1.0% (down from 6.1% in 3Q 2025). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
분석 기사 • Feb 13Kadokawa (TSE:9468) Is Due To Pay A Dividend Of ¥30.00The board of Kadokawa Corporation ( TSE:9468 ) has announced that it will pay a dividend of ¥30.00 per share on the...
분석 기사 • Jan 16Returns On Capital Signal Tricky Times Ahead For Kadokawa (TSE:9468)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
공시 • Dec 27Kadokawa Corporation to Report Q3, 2026 Results on Feb 12, 2026Kadokawa Corporation announced that they will report Q3, 2026 results on Feb 12, 2026
공시 • Dec 03Kadokawa Corporation (TSE:9468) acquired 80% stake in SOZO Pte Ltd.Kadokawa Corporation (TSE:9468) acquired 80% stake in SOZO Pte Ltd on November 2025. Kadokawa Corporation (TSE:9468) completed the acquisition of 80% stake in SOZO Pte Ltd on November 2025.
분석 기사 • Nov 16There May Be Reason For Hope In Kadokawa's (TSE:9468) Disappointing EarningsThe most recent earnings report from Kadokawa Corporation ( TSE:9468 ) was disappointing for shareholders. Despite the...
분석 기사 • Nov 08Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than ExpectedThere's been a notable change in appetite for Kadokawa Corporation ( TSE:9468 ) shares in the week since its...
Declared Dividend • Nov 08Dividend of JP¥30.00 announcedDividend of JP¥30.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.3%.
공시 • Sep 27Kadokawa Corporation to Report Q2, 2026 Results on Nov 06, 2025Kadokawa Corporation announced that they will report Q2, 2026 results on Nov 06, 2025
분석 기사 • Sep 21Getting In Cheap On Kadokawa Corporation (TSE:9468) Might Be DifficultWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
분석 기사 • Aug 10Kadokawa Corporation Recorded A 8.0% Miss On Revenue: Analysts Are Revisiting Their ModelsTSE:9468 1 Year Share Price vs Fair Value Explore Kadokawa's Fair Values from the Community and select yours Kadokawa...
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥19.50 (vs JP¥25.69 in 1Q 2025)First quarter 2026 results: EPS: JP¥19.50 (down from JP¥25.69 in 1Q 2025). Revenue: JP¥64.8b (down 1.5% from 1Q 2025). Net income: JP¥2.86b (down 17% from 1Q 2025). Profit margin: 4.4% (down from 5.2% in 1Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Jul 04GeeXPlus, Inc. Announces the Launch of GeeXProductions with Creator-Led Anime Projects from Gigguk, DillonGoo, and OtakuVSGeeXPlus Inc. announced the new GeeX Productions division, which expands the agency's ability to support creators in fully leveraging their intellectual property (IP). GeeX Productions' projects -- Gigguk'sime short movie Baan -Da Ren noQiang Jie - (Baan -The Boundaries of Adulthood-), DillonGoo's original 12-episode 3D Blender animation Soul Mart, and OtakuVS' long-running indie anime short series Otachan! - were introduced during a panel this evening at Anime Expo (AX). Key visuals for Gigguk's "Baan (Baan -The Boundary of Adulthood-)", DillonGoo Studios' "Soul Mart" and Studio OtakuVersus' "Otachan!Rabbit Season" from GeeX Productions' first three projects are as follows, with more expected as the agency continues to expand its roster of anime-based talent. GeeX Productions Projects "Baan -Da Ren noQiangJie -", created by Gigguk, is set in the fictional world of Euthania, which is connected to Japan via a warp gate. The story follows two protagonists who leave their birthplaces in search of a place where they truly belong. The short anime is directed by Yoshimitsu Ohashi, known for directing CODE GEASS Roze of the Recapture, with music composed by Kevin Penkin, acclaimed for his work on Made in Abyss, and animation by Studio OtakuVersus's mission to revive the lost art of elusive, high-quality OVAs. Exclusive merch from the projects and other GeeXPlus talent is available for purchase at AX booth WH-634 or via online preorder.
Reported Earnings • Jul 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥53.86 (down from JP¥83.42 in FY 2024). Revenue: JP¥277.9b (up 7.7% from FY 2024). Net income: JP¥7.39b (down 35% from FY 2024). Profit margin: 2.7% (down from 4.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Jun 27Kadokawa Corporation to Report Q1, 2026 Results on Aug 07, 2025Kadokawa Corporation announced that they will report Q1, 2026 results on Aug 07, 2025
공시 • Jun 26Kadokawa Corporation Elects Koichi Kusano as Member of the Board and Chairperson of the Audit Committee, Effective June 26, 2025KADOKAWA CORPORATION announced that a resolution to elect Members of the Board was adopted at the 11th General Meeting of Shareholders held on June 26, 2025, the shareholders elected Koichi Kusano as Member of the Board, Independent and Chairperson of the Audit Committee of the company.
분석 기사 • May 31Kadokawa (TSE:9468) Shareholders Will Want The ROCE Trajectory To ContinueIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
분석 기사 • May 16Kadokawa's (TSE:9468) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsA lackluster earnings announcement from Kadokawa Corporation ( TSE:9468 ) last week didn't sink the stock price. We...
분석 기사 • May 12Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their ModelsLast week, you might have seen that Kadokawa Corporation ( TSE:9468 ) released its full-year result to the market. The...
분석 기사 • May 09Why We're Not Concerned About Kadokawa Corporation's (TSE:9468) Share PriceWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider...
Reported Earnings • May 09Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥53.86 (down from JP¥83.42 in FY 2024). Revenue: JP¥277.9b (up 7.7% from FY 2024). Net income: JP¥7.39b (down 35% from FY 2024). Profit margin: 2.7% (down from 4.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • May 08Kadokawa Corporation, Annual General Meeting, Jun 26, 2025Kadokawa Corporation, Annual General Meeting, Jun 26, 2025.
분석 기사 • Apr 16An Intrinsic Calculation For Kadokawa Corporation (TSE:9468) Suggests It's 28% UndervaluedKey Insights The projected fair value for Kadokawa is JP¥5,271 based on 2 Stage Free Cash Flow to Equity Kadokawa is...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 June 2025. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.3%).
공시 • Mar 01Kadokawa Corporation to Report Fiscal Year 2025 Results on May 08, 2025Kadokawa Corporation announced that they will report fiscal year 2025 results on May 08, 2025
분석 기사 • Feb 09Kadokawa Corporation (TSE:9468) Just Released Its Third-Quarter Earnings: Here's What Analysts ThinkIt's been a good week for Kadokawa Corporation ( TSE:9468 ) shareholders, because the company has just released its...
Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: JP¥31.76 (vs JP¥16.25 in 3Q 2024)Third quarter 2025 results: EPS: JP¥31.76 (up from JP¥16.25 in 3Q 2024). Revenue: JP¥70.3b (up 12% from 3Q 2024). Net income: JP¥4.27b (up 95% from 3Q 2024). Profit margin: 6.1% (up from 3.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
분석 기사 • Jan 05What You Can Learn From Kadokawa Corporation's (TSE:9468) P/E After Its 30% Share Price CrashKadokawa Corporation ( TSE:9468 ) shares have had a horrible month, losing 30% after a relatively good period...
공시 • Jan 03Kadokawa Corporation to Report Q3, 2025 Results on Feb 06, 2025Kadokawa Corporation announced that they will report Q3, 2025 results on Feb 06, 2025
Price Target Changed • Dec 27Price target decreased by 11% to JP¥3,938Down from JP¥4,405, the current price target is an average from 6 analysts. New target price is 26% above last closing price of JP¥3,124. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of JP¥75.03 for next year compared to JP¥83.42 last year.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥3,689, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,605 per share.
Buy Or Sell Opportunity • Dec 17Now 20% undervaluedOver the last 90 days, the stock has risen 48% to JP¥4,454. The fair value is estimated to be JP¥5,570, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Price Target Changed • Dec 02Price target increased by 10% to JP¥4,405Up from JP¥3,988, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥4,384. Stock is up 68% over the past year. The company is forecast to post earnings per share of JP¥79.92 for next year compared to JP¥83.42 last year.
Price Target Changed • Nov 27Price target increased by 10% to JP¥4,155Up from JP¥3,761, the current price target is an average from 6 analysts. New target price is 5.4% below last closing price of JP¥4,390. Stock is up 64% over the past year. The company is forecast to post earnings per share of JP¥79.92 for next year compared to JP¥83.42 last year.
Buy Or Sell Opportunity • Nov 27Now 21% undervaluedOver the last 90 days, the stock has risen 50% to JP¥4,398. The fair value is estimated to be JP¥5,545, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 41%After last week's 41% share price gain to JP¥4,132, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,571 per share.
분석 기사 • Nov 21Investors Appear Satisfied With Kadokawa Corporation's (TSE:9468) Prospects As Shares Rocket 29%Kadokawa Corporation ( TSE:9468 ) shares have continued their recent momentum with a 29% gain in the last month alone...
공시 • Nov 19Sony Reportedly in Talks to Buy Media Powerhouse Behind 'Elden Ring' GameSony Group Corporation (TSE:6758) is in talks to acquire Kadokawa Corporation (TSE:9468), the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio. The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said. Sony declined to comment. Kadokawa said it cannot comment. Sony already has a 2% stake in Kadokawa and a stake in Kadokawa subsidiary FromSoftware Inc., the developer of the hit fantasy role-playing game.
분석 기사 • Nov 11Kadokawa Corporation (TSE:9468) Just Released Its Interim Results And Analysts Are Updating Their EstimatesIt's been a sad week for Kadokawa Corporation ( TSE:9468 ), who've watched their investment drop 13% to JP¥2,865 in the...
Reported Earnings • Nov 09Second quarter 2025 earnings released: JP¥2.66 loss per share (vs JP¥2.05 profit in 2Q 2024)Second quarter 2025 results: JP¥2.66 loss per share (down from JP¥2.05 profit in 2Q 2024). Revenue: JP¥70.5b (up 7.8% from 2Q 2024). Net loss: JP¥358.0m (down 227% from profit in 2Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
New Risk • Nov 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 6.1% 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. This is currently the only risk that has been identified for the company.
공시 • Sep 27Kadokawa Corporation to Report Q2, 2025 Results on Nov 07, 2024Kadokawa Corporation announced that they will report Q2, 2025 results on Nov 07, 2024
분석 기사 • Sep 04Earnings Tell The Story For Kadokawa Corporation (TSE:9468) As Its Stock Soars 30%Those holding Kadokawa Corporation ( TSE:9468 ) shares would be relieved that the share price has rebounded 30% in the...
Major Estimate Revision • Aug 21Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥102 to JP¥91.59 per share. Revenue forecast steady at JP¥267.7b. Net income forecast to grow 31% next year vs 8.4% growth forecast for Media industry in Japan. Consensus price target of JP¥3,704 unchanged from last update. Share price rose 18% to JP¥3,007 over the past week.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,007, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,630 per share.
분석 기사 • Aug 19Analysts Have Made A Financial Statement On Kadokawa Corporation's (TSE:9468) First-Quarter ReportIt's been a pretty great week for Kadokawa Corporation ( TSE:9468 ) shareholders, with its shares surging 16% to...
Reported Earnings • Aug 17First quarter 2025 earnings released: EPS: JP¥25.69 (vs JP¥27.59 in 1Q 2024)First quarter 2025 results: EPS: JP¥25.69 (down from JP¥27.59 in 1Q 2024). Revenue: JP¥65.9b (up 12% from 1Q 2024). Net income: JP¥3.45b (down 10% from 1Q 2024). Profit margin: 5.2% (down from 6.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥2,270, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Media industry in Japan. Negligible returns to shareholders over past three years.
분석 기사 • Jun 19Kadokawa (TSE:9468) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Jun 06Kadokawa Corporation to Report Q1, 2025 Results on Aug 08, 2024Kadokawa Corporation announced that they will report Q1, 2025 results on Aug 08, 2024
분석 기사 • May 31Returns Are Gaining Momentum At Kadokawa (TSE:9468)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Reported Earnings • May 11Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥83.42 (down from JP¥90.91 in FY 2023). Revenue: JP¥258.1b (up 1.0% from FY 2023). Net income: JP¥11.4b (down 10% from FY 2023). Profit margin: 4.4% (down from 5.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공시 • May 11Kadokawa Corporation, Annual General Meeting, Jun 18, 2024Kadokawa Corporation, Annual General Meeting, Jun 18, 2024.
Major Estimate Revision • Mar 30Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥255.5b to JP¥251.6b. EPS estimate also fell from JP¥81.83 per share to JP¥60.64 per share. Net income forecast to grow 96% next year vs 13% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,838. Share price fell 3.7% to JP¥2,652 over the past week.
공시 • Mar 28Kadokawa Corporation to Report Fiscal Year 2024 Results on May 09, 2024Kadokawa Corporation announced that they will report fiscal year 2024 results on May 09, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.2%).
분석 기사 • Mar 19These 4 Measures Indicate That Kadokawa (TSE:9468) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Major Estimate Revision • Mar 02Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥92.87 to JP¥81.83 per share. Revenue forecast steady at JP¥255.5b. Net income forecast to grow 110% next year vs 7.2% growth forecast for Media industry in Japan. Consensus price target broadly unchanged at JP¥3,888. Share price fell 6.6% to JP¥2,875 over the past week.
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥16.25 (vs JP¥11.62 in 3Q 2023)Third quarter 2024 results: EPS: JP¥16.25 (up from JP¥11.62 in 3Q 2023). Revenue: JP¥62.8b (down 6.4% from 3Q 2023). Net income: JP¥2.19b (up 35% from 3Q 2023). Profit margin: 3.5% (up from 2.4% in 3Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
공시 • Dec 28Kadokawa Corporation to Report Q3, 2024 Results on Feb 08, 2024Kadokawa Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥2.05 (vs JP¥20.79 in 2Q 2023)Second quarter 2024 results: EPS: JP¥2.05 (down from JP¥20.79 in 2Q 2023). Revenue: JP¥65.4b (up 12% from 2Q 2023). Net income: JP¥282.0m (down 90% from 2Q 2023). Profit margin: 0.4% (down from 5.0% in 2Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 27Kadokawa Corporation to Report Q2, 2024 Results on Nov 02, 2023Kadokawa Corporation announced that they will report Q2, 2024 results on Nov 02, 2023
New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥27.59 (vs JP¥54.85 in 1Q 2023)First quarter 2024 results: EPS: JP¥27.59 (down from JP¥54.85 in 1Q 2023). Revenue: JP¥58.8b (down 8.4% from 1Q 2023). Net income: JP¥3.84b (down 50% from 1Q 2023). Profit margin: 6.5% (down from 12% in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 28Kadokawa Corporation to Report Q1, 2024 Results on Aug 03, 2023Kadokawa Corporation announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • May 15Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: JP¥90.91 (down from JP¥106 in FY 2022). Revenue: JP¥255.4b (up 16% from FY 2022). Net income: JP¥12.7b (down 9.9% from FY 2022). Profit margin: 5.0% (down from 6.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 13Kadokawa Corporation, Annual General Meeting, Jun 22, 2023Kadokawa Corporation, Annual General Meeting, Jun 22, 2023.
공시 • May 12Kadokawa Corporation (TSE:9468) announces an Equity Buyback for 8,000,000 shares, representing 5.64% for ¥20,000 million.Kadokawa Corporation (TSE:9468) announces a share repurchase program. Under the program, the company will repurchase 8,000,000 shares, representing 5.64% of the its issued share capital, for ¥20,000 million. The purpose of the program is to improve capital efficiency and strengthen the return of profits to shareholders. The program will be valid till March 31, 2024. As of March 31, 2023, the company had 141,783,863 shares outstanding and 257 shares in treasury.
Buying Opportunity • Apr 07Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be JP¥3,480, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 1.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).
Major Estimate Revision • Feb 09Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥241.8b to JP¥248.9b. EPS estimate fell from JP¥111 to JP¥89.92 per share. Net income forecast to shrink 15% next year vs 12% growth forecast for Media industry in Japan . Consensus price target broadly unchanged at JP¥3,583. Share price rose 11% to JP¥2,635 over the past week.
Reported Earnings • Feb 03Third quarter 2023 earnings released: EPS: JP¥11.62 (vs JP¥18.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.62 (down from JP¥18.27 in 3Q 2022). Revenue: JP¥67.1b (up 27% from 3Q 2022). Net income: JP¥1.62b (down 34% from 3Q 2022). Profit margin: 2.4% (down from 4.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Dec 09Kadokawa Corporation to Report Q3, 2023 Results on Feb 02, 2023Kadokawa Corporation announced that they will report Q3, 2023 results on Feb 02, 2023
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Akira Watanabe was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥20.79 (vs JP¥23.95 in 2Q 2022)Second quarter 2023 results: EPS: JP¥20.79 (down from JP¥23.95 in 2Q 2022). Revenue: JP¥58.4b (up 11% from 2Q 2022). Net income: JP¥2.90b (down 6.3% from 2Q 2022). Profit margin: 5.0% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥54.85 (vs JP¥31.21 in 1Q 2022)First quarter 2023 results: EPS: JP¥54.85 (up from JP¥31.21 in 1Q 2022). Revenue: JP¥64.3b (up 24% from 1Q 2022). Net income: JP¥7.64b (up 90% from 1Q 2022). Profit margin: 12% (up from 7.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.7%, compared to a 5.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Jul 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.3%. The fair value is estimated to be JP¥4,059, 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. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings is also forecast to grow by 13% per annum over the same time period.
공시 • Jul 03Kadokawa Corporation to Report Q1, 2023 Results on Jul 29, 2022Kadokawa Corporation announced that they will report Q1, 2023 results on Jul 29, 2022
Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥3,015, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 321% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,543 per share.