Board Change • May 21
Less than half of directors are independent There are 5 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: 4 independent directors. 7 non-independent directors. Independent Outside Director Fumiko Sato was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • May 09
K's Holdings Corporation to Report Fiscal Year 2026 Results on May 08, 2026 K's Holdings Corporation announced that they will report fiscal year 2026 results on May 08, 2026 Aankondiging • May 08
K's Holdings Corporation, Annual General Meeting, Jun 26, 2026 K's Holdings Corporation, Annual General Meeting, Jun 26, 2026. Aankondiging • Nov 29
K's Holdings Corporation to Report Q3, 2026 Results on Feb 06, 2026 K's Holdings Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Aankondiging • Sep 27
K's Holdings Corporation to Report Q2, 2026 Results on Nov 06, 2025 K's Holdings Corporation announced that they will report Q2, 2026 results on Nov 06, 2025 Aankondiging • May 31
K's Holdings Corporation to Report Q1, 2026 Results on Aug 07, 2025 K's Holdings Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Aankondiging • Mar 27
K's Holdings Corporation to Report Fiscal Year 2025 Results on May 08, 2025 K's Holdings Corporation announced that they will report fiscal year 2025 results on May 08, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥35.64 (vs JP¥34.34 in 2Q 2024) Second quarter 2025 results: EPS: JP¥35.64. Revenue: JP¥198.3b (up 1.0% from 2Q 2024). Net income: JP¥6.02b (down 1.2% from 2Q 2024). Profit margin: 3.0% (down from 3.1% in 2Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.2%). Aankondiging • Aug 27
K's Holdings Corporation to Report Q2, 2025 Results on Nov 06, 2024 K's Holdings Corporation announced that they will report Q2, 2025 results on Nov 06, 2024 Declared Dividend • Aug 12
Dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 234%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 75% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥16.49 (vs JP¥14.13 in 1Q 2024) First quarter 2025 results: EPS: JP¥16.49 (up from JP¥14.13 in 1Q 2024). Revenue: JP¥173.1b (up 4.1% from 1Q 2024). Net income: JP¥2.86b (up 12% from 1Q 2024). Profit margin: 1.7% (up from 1.5% in 1Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jul 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.3% to €9.25. The fair value is estimated to be €7.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 31%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Aankondiging • Jun 29
K's Holdings Corporation to Report Q1, 2025 Results on Aug 07, 2024 K's Holdings Corporation announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 11
Full year 2024 earnings released: EPS: JP¥41.64 (vs JP¥110 in FY 2023) Full year 2024 results: EPS: JP¥41.64 (down from JP¥110 in FY 2023). Revenue: JP¥718.4b (down 2.6% from FY 2023). Net income: JP¥7.38b (down 65% from FY 2023). Profit margin: 1.0% (down from 2.9% in FY 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% 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. Aankondiging • May 11
K's Holdings Corporation, Annual General Meeting, Jun 27, 2024 K's Holdings Corporation, Annual General Meeting, Jun 27, 2024. Aankondiging • May 10
K's Holdings Corporation (TSE:8282) announces an Equity Buyback for 18,000,000 shares, representing 10.28% for ¥20,000 million. K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 18,000,000 shares, representing 10.28% of its total shares outstanding (excluding treasury shares), for a total of ¥20,000 million. The purpose of repurchase program is to implement flexible capital policies that increase shareholder value, improve capital efficiency, and respond to changes in the business environment. The repurchase program is valid till January 31, 2025. As of March 31, 2024, the company had 175,118,865 shares outstanding (excluding treasury shares) and had 14,881,135 shares in treasury. New Risk • Mar 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (8.1% increase in shares outstanding). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (3.0%). Aankondiging • Mar 02
K's Holdings Corporation to Report Fiscal Year 2024 Results on May 09, 2024 K's Holdings Corporation announced that they will report fiscal year 2024 results on May 09, 2024 New Risk • Feb 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥16.14 (vs JP¥26.93 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.14 (down from JP¥26.93 in 3Q 2023). Revenue: JP¥180.0b (down 3.7% from 3Q 2023). Net income: JP¥2.83b (down 45% from 3Q 2023). Profit margin: 1.6% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Aankondiging • Nov 27
K's Holdings Corporation to Report Q3, 2024 Results on Feb 06, 2024 K's Holdings Corporation announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: JP¥34.34 (vs JP¥37.02 in 2Q 2023) Second quarter 2024 results: EPS: JP¥34.34 (down from JP¥37.02 in 2Q 2023). Revenue: JP¥196.4b (up 2.1% from 2Q 2023). Net income: JP¥6.09b (down 14% from 2Q 2023). Profit margin: 3.1% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Aankondiging • Sep 29
K's Holdings Corporation to Report Q2, 2024 Results on Nov 07, 2023 K's Holdings Corporation announced that they will report Q2, 2024 results on Nov 07, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥22.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.0%). Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥14.13 (vs JP¥28.89 in 1Q 2023) First quarter 2024 results: EPS: JP¥14.13 (down from JP¥28.89 in 1Q 2023). Revenue: JP¥166.3b (down 6.1% from 1Q 2023). Net income: JP¥2.56b (down 53% from 1Q 2023). Profit margin: 1.5% (down from 3.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Germany. Aankondiging • May 13
K's Holdings Corporation, Annual General Meeting, Jun 29, 2023 K's Holdings Corporation, Annual General Meeting, Jun 29, 2023. Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥110 (vs JP¥142 in FY 2022) Full year 2023 results: EPS: JP¥110 (down from JP¥142 in FY 2022). Revenue: JP¥737.3b (down 1.3% from FY 2022). Net income: JP¥21.1b (down 26% from FY 2022). Profit margin: 2.9% (down from 3.8% in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Aankondiging • May 11
K's Holdings Corporation (TSE:8282) announces an Equity Buyback for 10,000,000 shares, representing 5.46% for ¥10,000 million. K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 5.46% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of repurchase program is to increase shareholder value, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment. The repurchase program is valid till October 31, 2023. As of March 31, 2023, the company had 183,077,311 shares outstanding (excluding treasury shares) and had 16,922,689 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Feb 03
Third quarter 2023 earnings released: EPS: JP¥26.93 (vs JP¥36.32 in 3Q 2022) Third quarter 2023 results: EPS: JP¥26.93 (down from JP¥36.32 in 3Q 2022). Revenue: JP¥186.9b (flat on 3Q 2022). Net income: JP¥5.14b (down 29% from 3Q 2022). Profit margin: 2.7% (down from 3.9% in 3Q 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Aankondiging • Feb 02
K's Holdings Corporation (TSE:8282) announces an Equity Buyback for 10,000,000 shares, representing 5.24% for ¥10,000 million. K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 5.24% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to increase shareholder value, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program will continue through April 30, 2023. As of December 31, 2022, the company had 190,909,523 issued shares (excluding treasury stock) and 34,090,477 treasury shares. Aankondiging • Nov 27
K's Holdings Corporation to Report Q3, 2023 Results on Feb 01, 2023 K's Holdings Corporation announced that they will report Q3, 2023 results on Feb 01, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Wakako Tokuda was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥37.02 (vs JP¥39.59 in 2Q 2022) Second quarter 2023 results: EPS: JP¥37.02 (down from JP¥39.59 in 2Q 2022). Revenue: JP¥192.4b (down 1.0% from 2Q 2022). Net income: JP¥7.06b (down 13% from 2Q 2022). Profit margin: 3.7% (down from 4.2% in 2Q 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.4%). Aankondiging • Aug 28
K's Holdings Corporation to Report Q2, 2023 Results on Nov 04, 2022 K's Holdings Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: JP¥28.89 (vs JP¥41.18 in 1Q 2022) First quarter 2023 results: EPS: JP¥28.89 (down from JP¥41.18 in 1Q 2022). Revenue: JP¥177.1b (down 2.0% from 1Q 2022). Net income: JP¥5.51b (down 35% from 1Q 2022). Profit margin: 3.1% (down from 4.7% in 1Q 2022). Over the next year, revenue is forecast to grow 4.0%, compared to a 8.7% growth forecast for the industry in Germany. Aankondiging • Jun 29
K's Holdings Corporation to Report Q1, 2023 Results on Aug 02, 2022 K's Holdings Corporation announced that they will report Q1, 2023 results on Aug 02, 2022 Aankondiging • May 12
K's Holdings Corporation, Annual General Meeting, Jun 29, 2022 K's Holdings Corporation, Annual General Meeting, Jun 29, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥142 (vs JP¥183 in FY 2021) Full year 2022 results: EPS: JP¥142 (down from JP¥183 in FY 2021). Revenue: JP¥747.2b (down 5.7% from FY 2021). Net income: JP¥28.5b (down 26% from FY 2021). Profit margin: 3.8% (down from 4.9% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 1.8%, compared to a 12% growth forecast for the retail industry in Germany. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Wakako Tokuda was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Apr 08
K's Holdings Corporation to Report Fiscal Year 2022 Results on May 09, 2022 K's Holdings Corporation announced that they will report fiscal year 2022 results on May 09, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.4%). Aankondiging • Feb 03
K's Holdings Corporation (TSE:8282) announces an Equity Buyback for 10,000,000 shares, representing 5.04% for ¥10,000 million. K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 5.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to increase shareholder value, improve capital efficiency, and implement agile capital policies in response to changes in the business environment. The program will continue through May 31, 2022. As of December 31, 2021, the company had 198,367,625 issued shares (excluding treasury stock) and 26,632,375 treasury shares. Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥36.32 (down from JP¥48.55 in 3Q 2021). Revenue: JP¥186.4b (down 7.4% from 3Q 2021). Net income: JP¥7.24b (down 29% from 3Q 2021). Profit margin: 3.9% (down from 5.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to stay flat compared to a 17% growth forecast for the industry in Germany. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥39.59 (vs JP¥54.49 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥194.4b (down 11% from 2Q 2021). Net income: JP¥8.14b (down 30% from 2Q 2021). Profit margin: 4.2% (down from 5.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Aankondiging • Aug 26
K's Holdings Corporation (TSE:8282) announces an Equity Buyback for 10,000,000 shares, representing 4.84% for ¥10,000 million. K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 4.84% of its share capital, for ¥10,000 million. The company will repurchase its shares to increase shareholder value, to improve capital efficiency, and to implement agile capital policies in response to changes in the business environment. The program will run until December 31, 2021. As of July 31, 2021, the company had 206,718,390 shares outstanding (excluding treasury shares) and 18,281,610 shares in treasury. Aankondiging • Aug 25
K's Holdings Ordinary Shares to Be Deleted from Other OTC K's Holdings Corporation Ordinary Shares (Japan) will be deleted from Other OTC effective from August 25, 2021, due to Inactive Security. Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS JP¥41.18 (vs JP¥54.42 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥180.8b (down 3.9% from 1Q 2021). Net income: JP¥8.50b (down 26% from 1Q 2021). Profit margin: 4.7% (down from 6.1% in 1Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • May 08
Full year 2021 earnings released: EPS JP¥183 (vs JP¥96.22 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥792.5b (up 12% from FY 2020). Net income: JP¥38.7b (up 80% from FY 2020). Profit margin: 4.9% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS JP¥48.55 (vs JP¥14.10 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥201.3b (up 18% from 3Q 2020). Net income: JP¥10.2b (up 226% from 3Q 2020). Profit margin: 5.1% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Feb 04
Revenue misses expectations Revenue missed analyst estimates by 5.3%. Over the next year, revenue is forecast to stay flat compared to a 8.1% growth forecast for the Specialty Retail industry in Germany. 
