Announcement • Jun 04
Kokusai Co., Ltd. to Report Q1, 2027 Results on Aug 07, 2026 Kokusai Co., Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥111 (vs JP¥69.06 in FY 2025) Full year 2026 results: EPS: JP¥111 (up from JP¥69.06 in FY 2025). Revenue: JP¥14.9b (up 13% from FY 2025). Net income: JP¥1.50b (up 59% from FY 2025). Profit margin: 10.0% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Kokusai Co., Ltd., Annual General Meeting, Jun 26, 2026 Kokusai Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Kokusai Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Kokusai Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥36.07 (vs JP¥57.40 in 3Q 2025) Third quarter 2026 results: EPS: JP¥36.07 (down from JP¥57.40 in 3Q 2025). Revenue: JP¥3.44b (down 9.1% from 3Q 2025). Net income: JP¥486.0m (down 38% from 3Q 2025). Profit margin: 14% (down from 21% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,095, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 144% over the past three years. New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% 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 High level of non-cash earnings (20% accrual ratio). Minor Risks Dividend is not well covered by cash flows (126% cash payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥12.8b market cap, or US$81.8m). Announcement • Dec 02
Kokusai Co., Ltd. to Report Q3, 2026 Results on Feb 09, 2026 Kokusai Co., Ltd. announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥28.13 (vs JP¥1.98 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥28.13 (up from JP¥1.98 loss in 2Q 2025). Revenue: JP¥3.38b (up 3.4% from 2Q 2025). Net income: JP¥379.0m (up JP¥406.0m from 2Q 2025). Profit margin: 11% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Sep 02
Kokusai Co., Ltd. to Report Q2, 2026 Results on Nov 07, 2025 Kokusai Co., Ltd. announced that they will report Q2, 2026 results on Nov 07, 2025 Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥708, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 13x in the Machinery industry in Japan. Total returns to shareholders of 38% over the past three years. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥21.32 (vs JP¥3.78 in 1Q 2025) First quarter 2026 results: EPS: JP¥21.32 (up from JP¥3.78 in 1Q 2025). Revenue: JP¥3.57b (up 49% from 1Q 2025). Net income: JP¥288.0m (up 454% from 1Q 2025). Profit margin: 8.1% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥69.06 (vs JP¥18.77 loss in FY 2024) Full year 2025 results: EPS: JP¥69.06 (up from JP¥18.77 loss in FY 2024). Revenue: JP¥13.2b (up 29% from FY 2024). Net income: JP¥940.0m (up JP¥1.20b from FY 2024). Profit margin: 7.1% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 31
Kokusai Co., Ltd. to Report Q1, 2026 Results on Aug 07, 2025 Kokusai Co., Ltd. announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥69.05 (vs JP¥18.77 loss in FY 2024) Full year 2025 results: EPS: JP¥69.05 (up from JP¥18.77 loss in FY 2024). Revenue: JP¥13.2b (up 29% from FY 2024). Net income: JP¥940.0m (up JP¥1.20b from FY 2024). Profit margin: 7.1% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 17
Kokusai Co., Ltd. (TSE:7722) announces an Equity Buyback for 80,000 shares, representing 0.59% for ¥44.4 million. Kokusai Co., Ltd. (TSE:7722) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.59% of its issued share capital (excluding treasury stock), for a total purchase price of ¥44.40 million. The shares will be repurchased at a price of ¥555 per share. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy in response to changes in the business environment. As of March 31, 2025, the company has 13,537,366 issued shares (excluding treasury stock) and 662,634 treasury shares. Announcement • May 15
Kokusai Co., Ltd., Annual General Meeting, Jun 27, 2025 Kokusai Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥525, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 11x in the Machinery industry in Japan. Total loss to shareholders of 3.5% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Announcement • Mar 04
Kokusai Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Kokusai Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥614, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 9.8% over the past three years. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% 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 45% 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 (5.6% average weekly change). Market cap is less than US$100m (JP¥8.54b market cap, or US$56.2m). Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥57.40 (vs JP¥9.24 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥57.40 (up from JP¥9.24 loss in 3Q 2024). Revenue: JP¥3.78b (up 55% from 3Q 2024). Net income: JP¥777.0m (up JP¥904.0m from 3Q 2024). Profit margin: 21% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Dec 03
Kokusai Co., Ltd. to Report Q3, 2025 Results on Feb 07, 2025 Kokusai Co., Ltd. announced that they will report Q3, 2025 results on Feb 07, 2025 Reported Earnings • Nov 10
Second quarter 2025 earnings released: JP¥1.98 loss per share (vs JP¥16.58 loss in 2Q 2024) Second quarter 2025 results: JP¥1.98 loss per share (improved from JP¥16.58 loss in 2Q 2024). Revenue: JP¥3.27b (up 36% from 2Q 2024). Net loss: JP¥27.0m (loss narrowed 88% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% 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. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 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: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥6.77b market cap, or US$48.1m). Announcement • Aug 28
Kokusai Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024 Kokusai Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024 Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥3.78 (vs JP¥21.97 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥3.78 (up from JP¥21.97 loss in 1Q 2024). Revenue: JP¥2.40b (up 41% from 1Q 2024). Net income: JP¥52.0m (up JP¥354.0m from 1Q 2024). Profit margin: 2.2% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Aug 08
Kokusai Co., Ltd. (TSE:7722) announces an Equity Buyback for 250,000 shares, representing 1.82% for ¥117.75 million. Kokusai Co., Ltd. (TSE:7722) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.82% of its issued share capital, for ¥117.75 million. The shares will be repurchased at a price of ¥ 471 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of June 30, 2024, the company had 13,748,307 issued shares (excluding treasury stock) and 451,693 shares in treasury. Reported Earnings • Jun 28
Full year 2024 earnings released: JP¥18.77 loss per share (vs JP¥4.80 loss in FY 2023) Full year 2024 results: JP¥18.77 loss per share (further deteriorated from JP¥4.80 loss in FY 2023). Revenue: JP¥10.2b (up 2.0% from FY 2023). Net loss: JP¥258.0m (loss widened 291% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Jun 02
Kokusai Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Kokusai Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • May 20
Full year 2024 earnings released: JP¥18.77 loss per share (vs JP¥4.80 loss in FY 2023) Full year 2024 results: JP¥18.77 loss per share (further deteriorated from JP¥4.80 loss in FY 2023). Revenue: JP¥10.2b (up 2.0% from FY 2023). Net loss: JP¥258.0m (loss widened 291% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • May 17
Kokusai Co., Ltd., Annual General Meeting, Jun 21, 2024 Kokusai Co., Ltd., Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%). Announcement • Mar 02
Kokusai Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Kokusai Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: JP¥9.24 loss per share (vs JP¥21.89 loss in 3Q 2023) Third quarter 2024 results: JP¥9.24 loss per share (improved from JP¥21.89 loss in 3Q 2023). Revenue: JP¥2.44b (up 39% from 3Q 2023). Net loss: JP¥127.0m (loss narrowed 58% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Nov 27
Kokusai Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Kokusai Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: JP¥16.58 loss per share (vs JP¥13.24 loss in 2Q 2023) Second quarter 2024 results: JP¥16.58 loss per share (further deteriorated from JP¥13.24 loss in 2Q 2023). Revenue: JP¥2.41b (up 8.7% from 2Q 2023). Net loss: JP¥228.0m (loss widened 25% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. New Risk • Oct 14
New major risk - Revenue and earnings growth Earnings have declined by 34% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 34% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥7.19b market cap, or US$48.1m). Upcoming Dividend • Sep 21
Upcoming dividend of JP¥10.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%). Announcement • Sep 01
Kokusai Co., Ltd. to Report Q2, 2024 Results on Nov 08, 2023 Kokusai Co., Ltd. announced that they will report Q2, 2024 results on Nov 08, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: JP¥21.97 loss per share (vs JP¥24.22 loss in 1Q 2023) First quarter 2024 results: JP¥21.97 loss per share (improved from JP¥24.22 loss in 1Q 2023). Revenue: JP¥1.70b (up 61% from 1Q 2023). Net loss: JP¥302.0m (loss narrowed 9.3% from 1Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • May 31
Kokusai Co., Ltd. to Report Q1, 2024 Results on Aug 08, 2023 Kokusai Co., Ltd. announced that they will report Q1, 2024 results on Aug 08, 2023 Announcement • May 17
Kokusai Co., Ltd., Annual General Meeting, Jun 23, 2023 Kokusai Co., Ltd., Annual General Meeting, Jun 23, 2023. Reported Earnings • May 17
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: JP¥4.80 loss per share (down from JP¥34.24 profit in FY 2022). Revenue: JP¥10.0b (down 9.8% from FY 2022). Net loss: JP¥66.0m (down 114% from profit in FY 2022). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥21.89 loss per share (vs JP¥8.00 profit in 3Q 2022) Third quarter 2023 results: JP¥21.89 loss per share (down from JP¥8.00 profit in 3Q 2022). Revenue: JP¥1.75b (down 40% from 3Q 2022). Net loss: JP¥301.0m (down 374% from profit in 3Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Nov 30
Kokusai Co., Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Kokusai Co., Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 9 highly experienced directors. No independent directors (10 non-independent directors). Chief of Nagoya Sales Office and Director Junichi Ishikura was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Second quarter 2023 earnings released: JP¥13.24 loss per share (vs JP¥3.02 profit in 2Q 2022) Second quarter 2023 results: JP¥13.24 loss per share (down from JP¥3.02 profit in 2Q 2022). Revenue: JP¥2.21b (down 4.2% from 2Q 2022). Net loss: JP¥182.0m (down JP¥224.0m from profit in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Sep 15
Kokusai Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Kokusai Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 10
First quarter 2023 earnings released: JP¥24.22 loss per share (vs JP¥15.41 profit in 1Q 2022) First quarter 2023 results: JP¥24.22 loss per share (down from JP¥15.41 profit in 1Q 2022). Revenue: JP¥1.06b (down 69% from 1Q 2022). Net loss: JP¥333.0m (down 254% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 26%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% 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. Announcement • Jun 18
Kokusai Co., Ltd. to Report Q1, 2023 Results on Aug 08, 2022 Kokusai Co., Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 18
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥34.24 (up from JP¥12.73 in FY 2021). Revenue: JP¥11.1b (down 3.3% from FY 2021). Net income: JP¥475.0m (up 165% from FY 2021). Profit margin: 4.3% (up from 1.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the next year, revenue is expected to shrink by 1.1% compared to a 7.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% 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. Announcement • May 18
Kokusai Co., Ltd., Annual General Meeting, Jun 24, 2022 Kokusai Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 9 highly experienced directors. No independent directors (10 non-independent directors). Chief of Nagoya Sales Office and Director Junichi Ishikura was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Kokusai Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Kokusai Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: JP¥8.00 (up from JP¥11.72 loss in 3Q 2021). Revenue: JP¥2.93b (up 15% from 3Q 2021). Net income: JP¥110.0m (up JP¥275.0m from 3Q 2021). Profit margin: 3.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) missed analyst estimates by 60%. Over the next year, revenue is expected to shrink by 12% compared to a 8.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥3.02 (vs JP¥2.49 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¥2.31b (down 3.1% from 2Q 2021). Net income: JP¥42.0m (up JP¥77.0m from 2Q 2021). Profit margin: 1.8% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%). Announcement • Aug 17
Kokusai Co., Ltd. (JASDAQ:7722) announces an Equity Buyback for 400,000 shares, representing 2.84% for ¥276 million. Kokusai Co., Ltd. (JASDAQ:7722) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.84% for ¥276 million. The shares will be repurchased at a price of ¥690 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program will expire on August 17, 2021. As of June 30, 2021, the company had 14,078,351 shares in issue and 121,649 shares in treasury. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥15.41 (vs JP¥11.63 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥3.39b (up 2.0% from 1Q 2021). Net income: JP¥217.0m (up 33% from 1Q 2021). Profit margin: 6.4% (up from 4.9% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥12.73 (vs JP¥109 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.5b (down 11% from FY 2020). Net income: JP¥179.0m (down 88% from FY 2020). Profit margin: 1.6% (down from 12% in FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. Trailing yield: 2.7%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Announcement • Mar 04
Kokusai Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Kokusai Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: JP¥11.72 loss per share (vs JP¥61.79 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¥2.55b (down 26% from 3Q 2020). Net loss: JP¥165.0m (down 119% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 08
Second quarter 2021 earnings released: JP¥2.49 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥2.39b (down 37% from 2Q 2020). Net loss: JP¥35.0m (down 107% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 06
New 90-day low: JP¥739 The company is down 4.0% from its price of JP¥769 on 07 August 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: JP¥840 The company is up 14% from its price of JP¥737 on 17 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day high: JP¥822 The company is up 8.0% from its price of JP¥762 on 25 June 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,413 per share. Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥15.00 Per Share Will be paid on the 2nd of December to those who are registered shareholders by the 29th of September. The trailing yield of 4.3% is in the top quartile of Japanese dividend payers (3.1%), and it is higher than industry peers (1.7%). Announcement • Sep 12
Kokusai Co., Ltd. to Report Q2, 2021 Results on Nov 06, 2020 Kokusai Co., Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 
