View Financial HealthKING 배당 및 자사주 매입배당 기준 점검 3/6KING 수익으로 충분히 충당되는 현재 수익률 1.59% 보유한 배당금 지급 회사입니다.핵심 정보1.6%배당 수익률0.4%자사주 매입 수익률총 주주 수익률2.0%미래 배당 수익률n/a배당 성장률1.4%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향47%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).공시 • Jul 10KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 85,000 shares, representing 0.53% for ¥69.79 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 85,000 shares, representing 0.53% of its share capital for ¥69.79 million. The shares will be repurchased at a price of ¥821 per share. The company will repurchase its shares in order to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till July 10, 2025. As of July 9, 2025, the company had 15,995,644 shares issued (excluding treasury stock) and 8,775,917 shares in treasury.Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.8%).Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%).공시 • May 18KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 1,500,000 shares, representing 8.5% for ¥793.5 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 8.5% of its share capital for ¥793.5 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency.모든 업데이트 보기Recent updatesReported Earnings • May 20Full year 2026 earnings released: EPS: JP¥39.17 (vs JP¥45.86 in FY 2025)Full year 2026 results: EPS: JP¥39.17 (down from JP¥45.86 in FY 2025). Revenue: JP¥7.84b (down 3.9% from FY 2025). Net income: JP¥625.0m (down 15% from FY 2025). Profit margin: 8.0% (down from 9.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.공시 • May 16KING Co., Ltd., Annual General Meeting, Jun 26, 2026KING Co., Ltd., Annual General Meeting, Jun 26, 2026.공시 • May 10KING Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026KING Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥12.35 (vs JP¥14.26 in 3Q 2025)Third quarter 2026 results: EPS: JP¥12.35 (down from JP¥14.26 in 3Q 2025). Revenue: JP¥2.00b (down 10% from 3Q 2025). Net income: JP¥197.0m (down 14% from 3Q 2025). Profit margin: 9.9% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.공시 • Dec 13KING Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026KING Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥5.90 (vs JP¥12.64 in 2Q 2025)Second quarter 2026 results: EPS: JP¥5.90 (down from JP¥12.64 in 2Q 2025). Revenue: JP¥1.92b (down 3.7% from 2Q 2025). Net income: JP¥94.0m (down 54% from 2Q 2025). Profit margin: 4.9% (down from 10% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.공시 • Sep 19KING Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025KING Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: JP¥11.00 (vs JP¥9.58 in 1Q 2025)First quarter 2026 results: EPS: JP¥11.00 (up from JP¥9.58 in 1Q 2025). Revenue: JP¥1.85b (down 1.6% from 1Q 2025). Net income: JP¥176.0m (up 15% from 1Q 2025). Profit margin: 9.5% (up from 8.1% in 1Q 2025). The increase in margin was driven by lower expenses. 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 • Jul 10KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 85,000 shares, representing 0.53% for ¥69.79 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 85,000 shares, representing 0.53% of its share capital for ¥69.79 million. The shares will be repurchased at a price of ¥821 per share. The company will repurchase its shares in order to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till July 10, 2025. As of July 9, 2025, the company had 15,995,644 shares issued (excluding treasury stock) and 8,775,917 shares in treasury.공시 • Jul 07KING Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025KING Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025Reported Earnings • May 08Full year 2025 earnings released: EPS: JP¥45.86 (vs JP¥33.00 in FY 2024)Full year 2025 results: EPS: JP¥45.86 (up from JP¥33.00 in FY 2024). Revenue: JP¥8.16b (down 4.6% from FY 2024). Net income: JP¥733.0m (up 38% from FY 2024). Profit margin: 9.0% (up from 6.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 07KING Co., Ltd., Annual General Meeting, Jun 27, 2025KING Co., Ltd., Annual General Meeting, Jun 27, 2025.공시 • Mar 25KING Co., Ltd. to Report Fiscal Year 2025 Results on May 07, 2025KING Co., Ltd. announced that they will report fiscal year 2025 results on May 07, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.8%).Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥14.26 (vs JP¥6.37 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.26 (up from JP¥6.37 in 3Q 2024). Revenue: JP¥2.23b (up 3.7% from 3Q 2024). Net income: JP¥228.0m (up 121% from 3Q 2024). Profit margin: 10% (up from 4.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year.공시 • Jan 17KING Co., Ltd. to Report Q3, 2025 Results on Feb 03, 2025KING Co., Ltd. announced that they will report Q3, 2025 results on Feb 03, 2025분석 기사 • Nov 19There May Be Some Bright Spots In KING's (TSE:8118) EarningsSoft earnings didn't appear to concern KING Co., Ltd.'s ( TSE:8118 ) shareholders over the last week. Our analysis...Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥12.64 (vs JP¥6.35 in 2Q 2024)Second quarter 2025 results: EPS: JP¥12.64 (up from JP¥6.35 in 2Q 2024). Revenue: JP¥2.00b (down 6.1% from 2Q 2024). Net income: JP¥202.0m (up 96% from 2Q 2024). Profit margin: 10% (up from 4.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Sep 19KING Co., Ltd. to Report Q2, 2025 Results on Nov 05, 2024KING Co., Ltd. announced that they will report Q2, 2025 results on Nov 05, 2024Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥9.58 (vs JP¥13.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥9.58 (down from JP¥13.87 in 1Q 2024). Revenue: JP¥1.88b (down 3.4% from 1Q 2024). Net income: JP¥153.0m (down 32% from 1Q 2024). Profit margin: 8.1% (down from 12% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 06KING (TSE:8118) Is Finding It Tricky To Allocate Its CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (JP¥9.42b market cap, or US$66.2m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥590, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 47% over the past three years.공시 • Jul 10KING Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024KING Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024분석 기사 • May 21Some Investors May Be Willing To Look Past KING's (TSE:8118) Soft EarningsThe most recent earnings report from KING Co., Ltd. ( TSE:8118 ) was disappointing for shareholders. While the headline...공시 • May 09KING Co., Ltd., Annual General Meeting, Jun 27, 2024KING Co., Ltd., Annual General Meeting, Jun 27, 2024.Reported Earnings • May 08Full year 2024 earnings released: EPS: JP¥33.00 (vs JP¥45.30 in FY 2023)Full year 2024 results: EPS: JP¥33.00 (down from JP¥45.30 in FY 2023). Revenue: JP¥8.55b (up 1.5% from FY 2023). Net income: JP¥533.0m (down 29% from FY 2023). Profit margin: 6.2% (down from 9.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Mar 24KING Co., Ltd. to Report Fiscal Year 2024 Results on May 07, 2024KING Co., Ltd. announced that they will report fiscal year 2024 results on May 07, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%).Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥6.37 (vs JP¥14.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.37 (down from JP¥14.19 in 3Q 2023). Revenue: JP¥2.15b (up 1.7% from 3Q 2023). Net income: JP¥103.0m (down 56% from 3Q 2023). Profit margin: 4.8% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Feb 02KING Co., Ltd. to Report Q3, 2024 Results on Feb 05, 2024KING Co., Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥6.35 (vs JP¥7.99 in 2Q 2023)Second quarter 2024 results: EPS: JP¥6.35 (down from JP¥7.99 in 2Q 2023). Revenue: JP¥2.13b (up 1.7% from 2Q 2023). Net income: JP¥103.0m (down 23% from 2Q 2023). Profit margin: 4.8% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Sep 16KING Co., Ltd. to Report Q2, 2024 Results on Nov 06, 2023KING Co., Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥13.87 (vs JP¥10.40 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.87 (up from JP¥10.40 in 1Q 2023). Revenue: JP¥1.95b (up 3.1% from 1Q 2023). Net income: JP¥225.0m (up 26% from 1Q 2023). Profit margin: 12% (up from 9.4% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥10.8b market cap, or US$75.0m).공시 • Jun 28KING Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023KING Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥656, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 28% over the past three years.Reported Earnings • May 10Full year 2023 earnings released: EPS: JP¥45.30 (vs JP¥23.62 in FY 2022)Full year 2023 results: EPS: JP¥45.30 (up from JP¥23.62 in FY 2022). Revenue: JP¥8.42b (up 4.6% from FY 2022). Net income: JP¥755.0m (up 79% from FY 2022). Profit margin: 9.0% (up from 5.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%).Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥14.19 (vs JP¥13.70 in 3Q 2022)Third quarter 2023 results: EPS: JP¥14.19. Revenue: JP¥2.11b (down 2.8% from 3Q 2022). Net income: JP¥235.0m (down 3.3% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022).공시 • Feb 02KING Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023KING Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (3 non-independent directors). External Auditor Shigeaki Kitamura was the last director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥7.99 (vs JP¥1.22 in 2Q 2022)Second quarter 2023 results: EPS: JP¥7.99 (up from JP¥1.22 in 2Q 2022). Revenue: JP¥2.09b (up 9.3% from 2Q 2022). Net income: JP¥133.0m (up JP¥111.0m from 2Q 2022). Profit margin: 6.4% (up from 1.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Sep 29KING Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022KING Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥10.40 (vs JP¥1.72 in 1Q 2022)First quarter 2023 results: EPS: JP¥10.40 (up from JP¥1.72 in 1Q 2022). Revenue: JP¥1.89b (up 9.4% from 1Q 2022). Net income: JP¥178.0m (up 474% from 1Q 2022). Profit margin: 9.4% (up from 1.8% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Jul 22KING Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022KING Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022공시 • May 18KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 1,500,000 shares, representing 8.5% for ¥793.5 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 8.5% of its share capital for ¥793.5 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency.공시 • May 12KING Co., Ltd., Annual General Meeting, Jun 29, 2022KING Co., Ltd., Annual General Meeting, Jun 29, 2022.Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥23.62 (vs JP¥7.15 loss in FY 2021)Full year 2022 results: EPS: JP¥23.62 (up from JP¥7.15 loss in FY 2021). Revenue: JP¥8.05b (flat on FY 2021). Net income: JP¥422.0m (up JP¥551.0m from FY 2021). Profit margin: 5.2% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Buying Opportunity • Apr 28Now 21% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be JP¥674, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. No independent directors (4 non-independent directors). External Auditor Shigeaki Kitamura was the last director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • Apr 18Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥670, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable.공시 • Apr 08KING Co., Ltd. to Report Fiscal Year 2022 Results on May 09, 2022KING Co., Ltd. announced that they will report fiscal year 2022 results on May 09, 2022Buying Opportunity • Apr 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.2%. The fair value is estimated to be JP¥667, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.4%).Buying Opportunity • Mar 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be JP¥655, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company has become profitable over the last year.Buying Opportunity • Feb 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.6%. The fair value is estimated to be JP¥666, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company has become profitable over the last year.Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥13.70 (up from JP¥4.15 loss in 3Q 2021). Revenue: JP¥2.17b (up 8.6% from 3Q 2021). Net income: JP¥243.0m (up JP¥318.0m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥1.22 (vs JP¥7.20 loss in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥1.91b (down 14% from 2Q 2021). Net income: JP¥22.0m (up JP¥152.0m from 2Q 2021). Profit margin: 1.2% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.공시 • Aug 13KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 750,000 shares, representing 4.15% for ¥350 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 750,000 shares, representing 4.15% of its share capital, for ¥350 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency. The program will run until December 23, 2021. As of August 11, 2021, the company had 18,055,453 shares outstanding (excluding treasury shares) and 6,716,108 shares in treasury.Reported Earnings • Aug 12First quarter 2022 earnings released: EPS JP¥1.72 (vs JP¥2.22 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.73b (up 4.4% from 1Q 2021). Net income: JP¥31.0m (up JP¥71.0m from 1Q 2021). Profit margin: 1.8% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15Full year 2021 earnings released: JP¥7.15 loss per share (vs JP¥38.53 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥8.10b (down 24% from FY 2020). Net loss: JP¥129.0m (down 118% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 08 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.8%).Reported Earnings • Feb 02Third quarter 2021 earnings released: JP¥4.15 loss per share (vs JP¥8.28 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.00b (down 20% from 3Q 2020). Net loss: JP¥75.0m (down 150% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% 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.공시 • Jan 27KING Co., Ltd. to Report Q3, 2021 Results on Feb 01, 2021KING Co., Ltd. announced that they will report Q3, 2021 results on Feb 01, 2021Is New 90 Day High Low • Jan 12New 90-day high: JP¥599The company is up 2.0% from its price of JP¥585 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is up 1.0% over the same period.Is New 90 Day High Low • Dec 07New 90-day low: JP¥524The company is down 8.0% from its price of JP¥567 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 2.0% over the same period.공시 • Jun 29KING Co., Ltd. to Report Q1, 2021 Results on Jul 31, 2020KING Co., Ltd. announced that they will report Q1, 2021 results on Jul 31, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8118 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 8118 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장KING 배당 수익률 vs 시장8118의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8118)1.6%시장 하위 25% (JP)1.8%시장 상위 25% (JP)3.9%업계 평균 (Retail Distributors)2.9%분석가 예측 (8118) (최대 3년)n/a주목할만한 배당금: 8118 의 배당금( 1.59% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.79% )와 비교해 주목할 만하지 않습니다.고배당: 8118 의 배당금( 1.59% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.89% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 46.6% )로 8118 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 40.5% )로 8118 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 21:52종가2026/06/10 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스KING Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).
공시 • Jul 10KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 85,000 shares, representing 0.53% for ¥69.79 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 85,000 shares, representing 0.53% of its share capital for ¥69.79 million. The shares will be repurchased at a price of ¥821 per share. The company will repurchase its shares in order to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till July 10, 2025. As of July 9, 2025, the company had 15,995,644 shares issued (excluding treasury stock) and 8,775,917 shares in treasury.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.8%).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%).
공시 • May 18KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 1,500,000 shares, representing 8.5% for ¥793.5 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 8.5% of its share capital for ¥793.5 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency.
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥39.17 (vs JP¥45.86 in FY 2025)Full year 2026 results: EPS: JP¥39.17 (down from JP¥45.86 in FY 2025). Revenue: JP¥7.84b (down 3.9% from FY 2025). Net income: JP¥625.0m (down 15% from FY 2025). Profit margin: 8.0% (down from 9.0% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
공시 • May 16KING Co., Ltd., Annual General Meeting, Jun 26, 2026KING Co., Ltd., Annual General Meeting, Jun 26, 2026.
공시 • May 10KING Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026KING Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: JP¥12.35 (vs JP¥14.26 in 3Q 2025)Third quarter 2026 results: EPS: JP¥12.35 (down from JP¥14.26 in 3Q 2025). Revenue: JP¥2.00b (down 10% from 3Q 2025). Net income: JP¥197.0m (down 14% from 3Q 2025). Profit margin: 9.9% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
공시 • Dec 13KING Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026KING Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: JP¥5.90 (vs JP¥12.64 in 2Q 2025)Second quarter 2026 results: EPS: JP¥5.90 (down from JP¥12.64 in 2Q 2025). Revenue: JP¥1.92b (down 3.7% from 2Q 2025). Net income: JP¥94.0m (down 54% from 2Q 2025). Profit margin: 4.9% (down from 10% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
공시 • Sep 19KING Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025KING Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: JP¥11.00 (vs JP¥9.58 in 1Q 2025)First quarter 2026 results: EPS: JP¥11.00 (up from JP¥9.58 in 1Q 2025). Revenue: JP¥1.85b (down 1.6% from 1Q 2025). Net income: JP¥176.0m (up 15% from 1Q 2025). Profit margin: 9.5% (up from 8.1% in 1Q 2025). The increase in margin was driven by lower expenses. 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 • Jul 10KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 85,000 shares, representing 0.53% for ¥69.79 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 85,000 shares, representing 0.53% of its share capital for ¥69.79 million. The shares will be repurchased at a price of ¥821 per share. The company will repurchase its shares in order to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till July 10, 2025. As of July 9, 2025, the company had 15,995,644 shares issued (excluding treasury stock) and 8,775,917 shares in treasury.
공시 • Jul 07KING Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025KING Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
Reported Earnings • May 08Full year 2025 earnings released: EPS: JP¥45.86 (vs JP¥33.00 in FY 2024)Full year 2025 results: EPS: JP¥45.86 (up from JP¥33.00 in FY 2024). Revenue: JP¥8.16b (down 4.6% from FY 2024). Net income: JP¥733.0m (up 38% from FY 2024). Profit margin: 9.0% (up from 6.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 07KING Co., Ltd., Annual General Meeting, Jun 27, 2025KING Co., Ltd., Annual General Meeting, Jun 27, 2025.
공시 • Mar 25KING Co., Ltd. to Report Fiscal Year 2025 Results on May 07, 2025KING Co., Ltd. announced that they will report fiscal year 2025 results on May 07, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.8%).
Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥14.26 (vs JP¥6.37 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.26 (up from JP¥6.37 in 3Q 2024). Revenue: JP¥2.23b (up 3.7% from 3Q 2024). Net income: JP¥228.0m (up 121% from 3Q 2024). Profit margin: 10% (up from 4.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year.
공시 • Jan 17KING Co., Ltd. to Report Q3, 2025 Results on Feb 03, 2025KING Co., Ltd. announced that they will report Q3, 2025 results on Feb 03, 2025
분석 기사 • Nov 19There May Be Some Bright Spots In KING's (TSE:8118) EarningsSoft earnings didn't appear to concern KING Co., Ltd.'s ( TSE:8118 ) shareholders over the last week. Our analysis...
Reported Earnings • Nov 08Second quarter 2025 earnings released: EPS: JP¥12.64 (vs JP¥6.35 in 2Q 2024)Second quarter 2025 results: EPS: JP¥12.64 (up from JP¥6.35 in 2Q 2024). Revenue: JP¥2.00b (down 6.1% from 2Q 2024). Net income: JP¥202.0m (up 96% from 2Q 2024). Profit margin: 10% (up from 4.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Sep 19KING Co., Ltd. to Report Q2, 2025 Results on Nov 05, 2024KING Co., Ltd. announced that they will report Q2, 2025 results on Nov 05, 2024
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥9.58 (vs JP¥13.87 in 1Q 2024)First quarter 2025 results: EPS: JP¥9.58 (down from JP¥13.87 in 1Q 2024). Revenue: JP¥1.88b (down 3.4% from 1Q 2024). Net income: JP¥153.0m (down 32% from 1Q 2024). Profit margin: 8.1% (down from 12% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 06KING (TSE:8118) Is Finding It Tricky To Allocate Its CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (JP¥9.42b market cap, or US$66.2m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥590, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total returns to shareholders of 47% over the past three years.
공시 • Jul 10KING Co., Ltd. to Report Q1, 2025 Results on Aug 02, 2024KING Co., Ltd. announced that they will report Q1, 2025 results on Aug 02, 2024
분석 기사 • May 21Some Investors May Be Willing To Look Past KING's (TSE:8118) Soft EarningsThe most recent earnings report from KING Co., Ltd. ( TSE:8118 ) was disappointing for shareholders. While the headline...
공시 • May 09KING Co., Ltd., Annual General Meeting, Jun 27, 2024KING Co., Ltd., Annual General Meeting, Jun 27, 2024.
Reported Earnings • May 08Full year 2024 earnings released: EPS: JP¥33.00 (vs JP¥45.30 in FY 2023)Full year 2024 results: EPS: JP¥33.00 (down from JP¥45.30 in FY 2023). Revenue: JP¥8.55b (up 1.5% from FY 2023). Net income: JP¥533.0m (down 29% from FY 2023). Profit margin: 6.2% (down from 9.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Mar 24KING Co., Ltd. to Report Fiscal Year 2024 Results on May 07, 2024KING Co., Ltd. announced that they will report fiscal year 2024 results on May 07, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%).
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥6.37 (vs JP¥14.19 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.37 (down from JP¥14.19 in 3Q 2023). Revenue: JP¥2.15b (up 1.7% from 3Q 2023). Net income: JP¥103.0m (down 56% from 3Q 2023). Profit margin: 4.8% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Feb 02KING Co., Ltd. to Report Q3, 2024 Results on Feb 05, 2024KING Co., Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥6.35 (vs JP¥7.99 in 2Q 2023)Second quarter 2024 results: EPS: JP¥6.35 (down from JP¥7.99 in 2Q 2023). Revenue: JP¥2.13b (up 1.7% from 2Q 2023). Net income: JP¥103.0m (down 23% from 2Q 2023). Profit margin: 4.8% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Sep 16KING Co., Ltd. to Report Q2, 2024 Results on Nov 06, 2023KING Co., Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥13.87 (vs JP¥10.40 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.87 (up from JP¥10.40 in 1Q 2023). Revenue: JP¥1.95b (up 3.1% from 1Q 2023). Net income: JP¥225.0m (up 26% from 1Q 2023). Profit margin: 12% (up from 9.4% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥10.8b market cap, or US$75.0m).
공시 • Jun 28KING Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023KING Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥656, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 28% over the past three years.
Reported Earnings • May 10Full year 2023 earnings released: EPS: JP¥45.30 (vs JP¥23.62 in FY 2022)Full year 2023 results: EPS: JP¥45.30 (up from JP¥23.62 in FY 2022). Revenue: JP¥8.42b (up 4.6% from FY 2022). Net income: JP¥755.0m (up 79% from FY 2022). Profit margin: 9.0% (up from 5.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%).
Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥14.19 (vs JP¥13.70 in 3Q 2022)Third quarter 2023 results: EPS: JP¥14.19. Revenue: JP¥2.11b (down 2.8% from 3Q 2022). Net income: JP¥235.0m (down 3.3% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022).
공시 • Feb 02KING Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023KING Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. 1 independent director (3 non-independent directors). External Auditor Shigeaki Kitamura was the last director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥7.99 (vs JP¥1.22 in 2Q 2022)Second quarter 2023 results: EPS: JP¥7.99 (up from JP¥1.22 in 2Q 2022). Revenue: JP¥2.09b (up 9.3% from 2Q 2022). Net income: JP¥133.0m (up JP¥111.0m from 2Q 2022). Profit margin: 6.4% (up from 1.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Sep 29KING Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022KING Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥10.40 (vs JP¥1.72 in 1Q 2022)First quarter 2023 results: EPS: JP¥10.40 (up from JP¥1.72 in 1Q 2022). Revenue: JP¥1.89b (up 9.4% from 1Q 2022). Net income: JP¥178.0m (up 474% from 1Q 2022). Profit margin: 9.4% (up from 1.8% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Jul 22KING Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022KING Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022
공시 • May 18KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 1,500,000 shares, representing 8.5% for ¥793.5 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 8.5% of its share capital for ¥793.5 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency.
공시 • May 12KING Co., Ltd., Annual General Meeting, Jun 29, 2022KING Co., Ltd., Annual General Meeting, Jun 29, 2022.
Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥23.62 (vs JP¥7.15 loss in FY 2021)Full year 2022 results: EPS: JP¥23.62 (up from JP¥7.15 loss in FY 2021). Revenue: JP¥8.05b (flat on FY 2021). Net income: JP¥422.0m (up JP¥551.0m from FY 2021). Profit margin: 5.2% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Apr 28Now 21% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be JP¥674, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. No independent directors (4 non-independent directors). External Auditor Shigeaki Kitamura was the last director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • Apr 18Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥670, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Apr 08KING Co., Ltd. to Report Fiscal Year 2022 Results on May 09, 2022KING Co., Ltd. announced that they will report fiscal year 2022 results on May 09, 2022
Buying Opportunity • Apr 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.2%. The fair value is estimated to be JP¥667, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.4%).
Buying Opportunity • Mar 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be JP¥655, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company has become profitable over the last year.
Buying Opportunity • Feb 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.6%. The fair value is estimated to be JP¥666, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company has become profitable over the last year.
Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥13.70 (up from JP¥4.15 loss in 3Q 2021). Revenue: JP¥2.17b (up 8.6% from 3Q 2021). Net income: JP¥243.0m (up JP¥318.0m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥1.22 (vs JP¥7.20 loss in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥1.91b (down 14% from 2Q 2021). Net income: JP¥22.0m (up JP¥152.0m from 2Q 2021). Profit margin: 1.2% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
공시 • Aug 13KING Co., Ltd. (TSE:8118) announces an Equity Buyback for 750,000 shares, representing 4.15% for ¥350 million.KING Co., Ltd. (TSE:8118) announces a share repurchase program. Under the program, the company will repurchase 750,000 shares, representing 4.15% of its share capital, for ¥350 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency. The program will run until December 23, 2021. As of August 11, 2021, the company had 18,055,453 shares outstanding (excluding treasury shares) and 6,716,108 shares in treasury.
Reported Earnings • Aug 12First quarter 2022 earnings released: EPS JP¥1.72 (vs JP¥2.22 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.73b (up 4.4% from 1Q 2021). Net income: JP¥31.0m (up JP¥71.0m from 1Q 2021). Profit margin: 1.8% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15Full year 2021 earnings released: JP¥7.15 loss per share (vs JP¥38.53 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥8.10b (down 24% from FY 2020). Net loss: JP¥129.0m (down 118% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 08 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.8%).
Reported Earnings • Feb 02Third quarter 2021 earnings released: JP¥4.15 loss per share (vs JP¥8.28 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.00b (down 20% from 3Q 2020). Net loss: JP¥75.0m (down 150% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% 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.
공시 • Jan 27KING Co., Ltd. to Report Q3, 2021 Results on Feb 01, 2021KING Co., Ltd. announced that they will report Q3, 2021 results on Feb 01, 2021
Is New 90 Day High Low • Jan 12New 90-day high: JP¥599The company is up 2.0% from its price of JP¥585 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Dec 07New 90-day low: JP¥524The company is down 8.0% from its price of JP¥567 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 2.0% over the same period.
공시 • Jun 29KING Co., Ltd. to Report Q1, 2021 Results on Jul 31, 2020KING Co., Ltd. announced that they will report Q1, 2021 results on Jul 31, 2020