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Ryohin Keikaku

BST:3RK
Snowflake Description

Excellent balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3RK
BST
¥760B
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

Ryohin Keikaku Co., Ltd. develops, manufactures, distributes, and sells clothing, household goods, and food items under the MUJI brand. The last earnings update was 74 days ago. More info.


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3RK Share Price and Events
7 Day Returns
0%
BST:3RK
-6.6%
Europe Multiline Retail
0.4%
DE Market
1 Year Returns
-
BST:3RK
-14.2%
Europe Multiline Retail
-17.5%
DE Market
3RK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ryohin Keikaku (3RK) 0% 0% 3.4% - - -
Europe Multiline Retail -6.6% -13.3% -17.7% -14.2% -39.6% -40.9%
DE Market 0.4% -3.8% -10.6% -17.5% -3.5% 4.4%
1 Year Return vs Industry and Market
  • No trading data on 3RK.
  • No trading data on 3RK.
Price Volatility
3RK
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Ryohin Keikaku's competitors could be found in our database.

3RK Value

 Is Ryohin Keikaku undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ryohin Keikaku to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ryohin Keikaku.

BST:3RK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:3RK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Multiline Retail Unlevered Beta Simply Wall St/ S&P Global 0.35
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.346 (1 + (1- 30.86%) (0.22%))
0.346
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.8 * 9.46%)
8.11%

Discounted Cash Flow Calculation for BST:3RK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ryohin Keikaku is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:3RK DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (JPY, Millions) 27,586.14 27,810.25 32,572.13 26,900.00 32,100.00
Source Analyst x7 Analyst x8 Analyst x8 Analyst x1 Analyst x1
Present Value
Discounted (@ 8.11%)
25,517.11 23,795.02 25,779.10 19,693.12 21,737.41
Present value of next 5 years cash flows ¥116,521.76
BST:3RK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ¥32,100.00 × (1 + 0.54%) ÷ (8.11% – 0.54%)
¥426,543.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ¥426,543.43 ÷ (1 + 8.11%)5
¥288,845.80
BST:3RK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ¥116,521.76 + ¥288,845.80
¥405,367.56
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥405,367.56 / 26.26
¥136.76
BST:3RK Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:3RK represents 0.00886x of TSE:7453
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00886x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 15,438.56 x 0.00886
€136.76
Value per share (EUR) From above. €136.76
Current discount Discount to share price of €256.28
= -1 x (€256.28 - €136.76) / €136.76
-87.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Ryohin Keikaku is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ryohin Keikaku's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ryohin Keikaku's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:3RK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-08-31) in JPY ¥1,281.78
TSE:7453 Share Price ** TSE (2018-09-20) in JPY ¥28930
Europe Multiline Retail Industry PE Ratio Median Figure of 7 Publicly-Listed Multiline Retail Companies 14.21x
Germany Market PE Ratio Median Figure of 418 Publicly-Listed Companies 16.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ryohin Keikaku.

BST:3RK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:7453 Share Price ÷ EPS (both in JPY)

= 28930 ÷ 1,281.78

22.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ryohin Keikaku is overvalued based on earnings compared to the Europe Multiline Retail industry average.
  • Ryohin Keikaku is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Ryohin Keikaku's expected growth come at a high price?
Raw Data
BST:3RK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
6.8%per year
Europe Multiline Retail Industry PEG Ratio Median Figure of 6 Publicly-Listed Multiline Retail Companies 1.37x
Germany Market PEG Ratio Median Figure of 279 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

BST:3RK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.57x ÷ 6.8%

3.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ryohin Keikaku is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Ryohin Keikaku's assets?
Raw Data
BST:3RK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-08-31) in JPY ¥7,014.58
TSE:7453 Share Price * TSE (2018-09-20) in JPY ¥28930
Europe Multiline Retail Industry PB Ratio Median Figure of 10 Publicly-Listed Multiline Retail Companies 1.47x
Germany Market PB Ratio Median Figure of 567 Publicly-Listed Companies 1.73x
BST:3RK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:7453 Share Price ÷ Book Value per Share (both in JPY)

= 28930 ÷ 7,014.58

4.12x

* Primary Listing of Ryohin Keikaku.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ryohin Keikaku is overvalued based on assets compared to the Europe Multiline Retail industry average.
X
Value checks
We assess Ryohin Keikaku's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Multiline Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Multiline Retail industry average (and greater than 0)? (1 check)
  5. Ryohin Keikaku has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

3RK Future Performance

 How is Ryohin Keikaku expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ryohin Keikaku expected to grow at an attractive rate?
  • Ryohin Keikaku's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Ryohin Keikaku's earnings growth is positive but not above the Germany market average.
  • Ryohin Keikaku's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:3RK Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:3RK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 6.8%
BST:3RK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 7.8%
Europe Multiline Retail Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
Europe Multiline Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:3RK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:3RK Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-02-28 559,150 53,700 45,450 2
2022-02-28 523,500 47,700 43,150 2
2021-02-28 501,770 47,642 40,612 12
2020-02-29 459,859 42,535 37,046 12
2019-02-28 418,462 41,106 35,190 12
BST:3RK Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-08-31 397,836 43,022 33,630
2018-05-31 388,936 31,814
2018-02-28 379,550 46,982 30,113
2017-11-30 366,204 29,106
2017-08-31 354,553 28,863 28,700
2017-05-31 342,880 26,001
2017-02-28 333,281 19,742 25,831
2016-11-30 327,771 24,575
2016-08-31 321,800 23,588 23,060
2016-05-31 317,596 23,357
2016-02-29 307,532 26,133 21,718
2015-11-30 296,537 21,284

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ryohin Keikaku's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
  • Ryohin Keikaku's revenue is expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:3RK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Ryohin Keikaku Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:3RK Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-02-28 1,736.40 1,736.40 1,736.40 1.00
2022-02-28 1,607.20 1,607.20 1,607.20 1.00
2021-02-28 1,547.23 1,667.60 1,448.58 12.00
2020-02-29 1,410.86 1,506.20 1,342.95 12.00
2019-02-28 1,339.51 1,505.39 1,268.24 12.00
BST:3RK Past Financials Data
Date (Data in JPY Millions) EPS *
2018-08-31 1,281.78
2018-05-31 1,212.89
2018-02-28 1,146.99
2017-11-30 1,106.89
2017-08-31 1,089.14
2017-05-31 983.46
2017-02-28 974.98
2016-11-30 926.16
2016-08-31 868.26
2016-05-31 879.82
2016-02-29 818.47
2015-11-30 802.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Ryohin Keikaku is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Ryohin Keikaku's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ryohin Keikaku has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

3RK Past Performance

  How has Ryohin Keikaku performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ryohin Keikaku's growth in the last year to its industry (Multiline Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ryohin Keikaku's year on year earnings growth rate has been positive over the past 5 years.
  • Ryohin Keikaku's 1-year earnings growth exceeds its 5-year average (17.2% vs 16.9%)
  • Ryohin Keikaku's earnings growth has exceeded the Europe Multiline Retail industry average in the past year (17.2% vs 0.1%).
Earnings and Revenue History
Ryohin Keikaku's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ryohin Keikaku Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:3RK Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-08-31 397,836.00 33,630.00 146,547.00
2018-05-31 388,936.00 31,814.00 141,749.00
2018-02-28 379,550.00 30,113.00 137,871.00
2017-11-30 366,204.00 29,106.00 133,316.00
2017-08-31 354,553.00 28,700.00 128,636.00
2017-05-31 342,880.00 26,001.00 124,279.00
2017-02-28 333,281.00 25,831.00 120,050.00
2016-11-30 327,771.00 24,575.00 117,612.00
2016-08-31 321,800.00 23,060.00 115,052.00
2016-05-31 317,596.00 23,357.00 112,739.00
2016-02-29 307,532.00 21,718.00 109,114.00
2015-11-30 296,537.00 21,284.00 105,218.00
2015-08-31 284,115.00 20,065.00 100,964.00
2015-05-31 271,021.00 19,000.00 97,093.00
2015-02-28 260,254.00 16,623.00 94,084.00
2014-11-30 248,793.00 18,601.00 88,997.00
2014-08-31 240,059.00 17,515.00 84,681.00
2014-05-31 232,248.00 16,858.00 80,916.00
2014-02-28 220,619.00 17,096.00 76,531.00
2013-11-30 210,500.00 13,654.00 73,188.00
2013-08-31 201,118.00 12,723.00 70,467.00
2013-05-31 193,995.00 12,361.00 67,925.00
2013-02-28 188,350.00 10,970.00 65,838.00
2012-11-30 186,114.00 9,982.00 64,282.00 888.00
2012-08-31 183,713.00 9,390.00 63,315.00 888.00
2012-05-31 182,374.00 8,543.00 63,065.00 888.00
2012-02-29 178,185.00 8,850.00 62,038.00 888.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ryohin Keikaku has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ryohin Keikaku used its assets more efficiently than the Europe Multiline Retail industry average last year based on Return on Assets.
  • Ryohin Keikaku has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ryohin Keikaku's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Multiline Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ryohin Keikaku has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

3RK Health

 How is Ryohin Keikaku's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ryohin Keikaku's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ryohin Keikaku is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ryohin Keikaku's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ryohin Keikaku's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 92.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ryohin Keikaku Company Filings, last reported 3 months ago.

BST:3RK Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-08-31 188,145.00 1,674.00 56,351.00
2018-05-31 180,742.00 2,117.00 44,118.00
2018-02-28 174,424.00 2,091.00 50,875.00
2017-11-30 168,457.00 13,703.00 41,643.00
2017-08-31 161,022.00 9,618.00 39,705.00
2017-05-31 154,012.00 15,642.00 38,297.00
2017-02-28 157,018.00 10,887.00 38,555.00
2016-11-30 144,658.00 11,967.00 27,314.00
2016-08-31 145,665.00 8,959.00 34,799.00
2016-05-31 147,018.00 14,207.00 40,523.00
2016-02-29 143,171.00 15,128.00 43,692.00
2015-11-30 140,536.00 15,292.00 33,499.00
2015-08-31 139,174.00 15,699.00 38,377.00
2015-05-31 132,671.00 17,757.00 34,342.00
2015-02-28 128,669.00 16,697.00 33,044.00
2014-11-30 120,308.00 19,257.00 28,391.00
2014-08-31 114,476.00 8,144.00 23,449.00
2014-05-31 111,306.00 7,362.00 26,316.00
2014-02-28 111,012.00 1,340.00 25,226.00
2013-11-30 104,133.00 719.00 23,431.00
2013-08-31 100,696.00 547.00 30,788.00
2013-05-31 97,697.00 590.00 25,640.00
2013-02-28 96,049.00 407.00 31,586.00
2012-11-30 90,438.00 346.00 24,430.00
2012-08-31 88,317.00 99.00 28,704.00
2012-05-31 86,402.00 105.00 23,631.00
2012-02-29 83,528.00 70.00 25,045.00
  • Ryohin Keikaku's level of debt (0.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.5% vs 0.9% today).
  • Debt is well covered by operating cash flow (2570%, greater than 20% of total debt).
  • Ryohin Keikaku earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Ryohin Keikaku's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ryohin Keikaku has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

3RK Dividends

 What is Ryohin Keikaku's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.32%
Current annual income from Ryohin Keikaku dividends. Estimated to be 1.48% next year.
If you bought €2,000 of Ryohin Keikaku shares you are expected to receive €26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ryohin Keikaku's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Ryohin Keikaku's dividend is below the markets top 25% of dividend payers in Germany (4.05%).
Upcoming dividend payment

Purchase Ryohin Keikaku on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:3RK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
Europe Multiline Retail Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 4.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:3RK Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-02-28
2022-02-28
2021-02-28 471.42 12.00
2020-02-29 429.25 12.00
2019-02-28 386.67 12.00
BST:3RK Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2018-10-04 382.000 1.268
2018-10-03 382.000 1.163
2018-05-24 382.000 1.084
2018-04-11 382.000 1.018
2018-01-11 324.000 0.900
2018-01-10 324.000 0.923
2017-10-05 324.000 0.946
2017-10-04 324.000 0.998
2017-05-25 324.000 1.083
2017-04-12 324.000 1.225
2017-01-06 274.000 1.211
2017-01-05 274.000 1.206
2016-10-06 274.000 1.229
2016-10-05 274.000 1.272
2016-07-01 274.000 1.317
2016-05-26 274.000 1.076
2016-04-12 274.000 1.096
2016-01-08 220.000 0.935
2016-01-07 220.000 0.930
2015-10-07 220.000 0.883
2015-10-06 220.000 0.878
2015-07-08 215.000 0.844
2015-05-21 215.000 0.983
2015-04-09 215.000 1.117
2015-01-07 180.000 1.197
2015-01-06 180.000 1.280
2014-10-02 180.000 1.271
2014-10-01 180.000 1.362
2014-07-01 175.000 1.413
2014-05-22 175.000 1.557
2014-04-10 175.000 1.584
2014-01-08 160.000 1.664
2014-01-07 160.000 1.498
2013-10-02 150.000 1.475
2013-10-01 160.000 1.838
2013-07-02 155.000 1.798
2013-05-23 155.000 1.943
2013-04-11 155.000 1.755
2013-01-09 110.000 1.857
2013-01-08 110.000 2.190
2012-10-09 110.000 2.149
2012-10-04 110.000 2.224
2012-07-06 110.000 2.389
2012-05-24 110.000 2.636
2012-04-12 110.000 2.602
2012-01-11 110.000 2.810
2012-01-10 110.000 2.985
2011-10-11 110.000 3.021
2011-10-06 110.000 2.742
2011-07-08 110.000 2.685
2011-04-13 110.000 2.987
2011-01-13 110.000 3.040
2011-01-07 110.000 2.950
2010-10-14 110.000 3.482
2010-10-08 110.000 3.755
2010-05-27 110.000 3.432
2010-04-14 110.000 2.670
2010-01-14 110.000 2.805
2010-01-12 110.000 2.987
2009-10-15 110.000 2.955
2009-10-13 110.000 2.591
2009-07-14 110.000 2.676
2009-04-15 110.000 2.863
2009-01-14 110.000 3.025
2008-12-18 110.000 2.638

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Ryohin Keikaku's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ryohin Keikaku's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ryohin Keikaku afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ryohin Keikaku has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

3RK Management

 What is the CEO of Ryohin Keikaku's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Satoru Matsuzaki
AGE 64
CEO Bio

Satoru Matsuzaki serves as the President of Ryohin Keikaku Co., Ltd. Satoru Matsuzaki served as Senior Managing Director, Executive Officer and Manager of Overseas Business Department at Ryohin Keikaku Co., Ltd. and served as its Managing Director. Satoru Matsuzaki serves as a Representative Director of Ryohin Keikaku Co., Ltd. and previously served as its Director.

CEO Compensation
  • Insufficient data for Satoru to compare compensation growth.
  • Insufficient data for Satoru to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Ryohin Keikaku management team in years:

1.8
Average Tenure
  • The average tenure for the Ryohin Keikaku management team is less than 2 years, this suggests a new team.
Management Team

Satoru Matsuzaki

TITLE
President & Representative Director
AGE
64

Naoto Watanabe

TITLE
General Manager of Accounting & Business Support Center and General ManagerAdministration division

Satoshi Shimizu

TITLE
MD & Director
TENURE
0.9 yrs

Wai Lan Hung

TITLE
Executive Officer

Kei Suzuki

TITLE
Executive Officer
AGE
54
TENURE
13.8 yrs

Yumiko Hagiwara

TITLE
Executive Officer and Manager of Quality & Assurance Department

Yoji Saito

TITLE
Executive Officer

Shoichi Saito

TITLE
Executive Officer

Takashi Yajima

TITLE
Executive Officer
TENURE
1.8 yrs

Naoyuki Yamamoto

TITLE
Executive Officer
TENURE
1.8 yrs
Board of Directors

Masaaki Kanai

TITLE
Chairman
AGE
61

Satoru Matsuzaki

TITLE
President & Representative Director
AGE
64

Satoshi Shimizu

TITLE
MD & Director

Kei Suzuki

TITLE
Executive Officer
AGE
54
TENURE
6.6 yrs

Kazuko Koike

TITLE

Kenya Hara

TITLE

Naoto Fukasawa

TITLE

Isao Endo

TITLE
Outside Director
AGE
62
TENURE
7.6 yrs

Satoshi Okazaki

TITLE
Director

Yuki Yamamoto

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Ryohin Keikaku's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ryohin Keikaku has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

3RK News

External News
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Simply Wall St News

3RK Company Info

Map
Description

Ryohin Keikaku Co., Ltd. develops, manufactures, distributes, and sells clothing, household goods, and food items under the MUJI brand. It operates café and meal stores, campsites, and online stores; designs houses; and designs, manufactures, and sells furniture, accessories, antiques, curtains, and rugs. The company operates 454 stores in Japan and 474 stores in internationally. Ryohin Keikaku Co., Ltd. was founded in 1989 and is based in Tokyo, Japan.

Details
Name: Ryohin Keikaku Co., Ltd.
3RK
Exchange: BST
Founded: 1989
¥5,926,940,854
26,256,824
Website: http://ryohin-keikaku.jp
Address: Ryohin Keikaku Co., Ltd.
4-26-3 Higashi-Ikebukuro,
Toshima-ku,
Tokyo,
170-8424,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 7453 Common Stock The Tokyo Stock Exchange JP JPY 03. Aug 1995
OTCPK RYKK.F Common Stock Pink Sheets LLC US USD 03. Aug 1995
BST 3RK Common Stock Boerse-Stuttgart DE EUR 03. Aug 1995
OTCPK RYKK.Y UNSPONSORD ADR Pink Sheets LLC US USD 18. Dec 2013
Number of employees
Current staff
Staff numbers
8,128
Ryohin Keikaku employees.
Industry
General Merchandise Stores
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/17 22:44
End of day share price update: 2018/09/20 00:00
Last estimates confirmation: 2018/12/14
Last earnings filing: 2018/10/04
Last earnings reported: 2018/08/31
Last annual earnings reported: 2018/02/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.