Reported Earnings • Aug 13
First quarter 2027 earnings released: EPS: JP¥76.75 (vs JP¥23.81 in 1Q 2026) First quarter 2027 results: EPS: JP¥76.75 (up from JP¥23.81 in 1Q 2026). Revenue: JP¥7.38b (up 70% from 1Q 2026). Net income: JP¥459.0m (up 223% from 1Q 2026). Profit margin: 6.2% (up from 3.3% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥2,602, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 21x in the Hospitality industry in Japan. Total returns to shareholders of 259% over the past three years. Announcement • Aug 07
Kyowa Corporation to Report Q1, 2027 Results on Aug 10, 2026 Kyowa Corporation announced that they will report Q1, 2027 results on Aug 10, 2026 New Risk • Jun 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Market cap is less than US$100m (JP¥11.1b market cap, or US$68.8m). Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥2,014, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 21x in the Hospitality industry in Japan. Total returns to shareholders of 249% over the past three years. Announcement • Jun 03
Kyowa Corporation to Report Q2, 2027 Results on Nov 11, 2026 Kyowa Corporation announced that they will report Q2, 2027 results on Nov 11, 2026 Reported Earnings • May 16
Full year 2026 earnings released: EPS: JP¥188 (vs JP¥154 in FY 2025) Full year 2026 results: EPS: JP¥188 (up from JP¥154 in FY 2025). Revenue: JP¥20.7b (up 24% from FY 2025). Net income: JP¥1.12b (up 22% from FY 2025). Profit margin: 5.4% (down from 5.5% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Kyowa Corporation, Annual General Meeting, Jun 26, 2026 Kyowa Corporation, Annual General Meeting, Jun 26, 2026. New Risk • May 13
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 8.2% 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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (JP¥9.18b market cap, or US$58.1m). Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥1,539, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 169% over the past three years. Announcement • May 09
Kyowa Corporation to Report Fiscal Year 2026 Results on May 13, 2026 Kyowa Corporation announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥27.64 (vs JP¥17.28 in 3Q 2025) Third quarter 2026 results: EPS: JP¥27.64 (up from JP¥17.28 in 3Q 2025). Revenue: JP¥5.00b (up 26% from 3Q 2025). Net income: JP¥165.0m (up 60% from 3Q 2025). Profit margin: 3.3% (up from 2.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥55.67 (vs JP¥47.03 in 2Q 2025) Second quarter 2026 results: EPS: JP¥55.67 (up from JP¥47.03 in 2Q 2025). Revenue: JP¥5.36b (up 19% from 2Q 2025). Net income: JP¥332.0m (up 19% from 2Q 2025). Profit margin: 6.2% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥12.50 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%). Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: JP¥23.81 (vs JP¥15.62 in 1Q 2025) First quarter 2026 results: EPS: JP¥23.81 (up from JP¥15.62 in 1Q 2025). Revenue: JP¥4.36b (up 18% from 1Q 2025). Net income: JP¥142.0m (up 53% from 1Q 2025). Profit margin: 3.3% (up from 2.5% in 1Q 2025). The increase in margin was driven by higher revenue. Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥154 (vs JP¥109 in FY 2024) Full year 2025 results: EPS: JP¥154 (up from JP¥109 in FY 2024). Revenue: JP¥16.7b (up 15% from FY 2024). Net income: JP¥917.0m (up 42% from FY 2024). Profit margin: 5.5% (up from 4.4% in FY 2024). The increase in margin 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 only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • May 13
Kyowa Corporation, Annual General Meeting, Jun 27, 2025 Kyowa Corporation, Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥792, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 73% over the past three years. Announcement • Mar 27
Kyowa Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Kyowa Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥17.28 (vs JP¥16.30 in 3Q 2024) Third quarter 2025 results: EPS: JP¥17.28 (up from JP¥16.30 in 3Q 2024). Revenue: JP¥3.97b (up 12% from 3Q 2024). Net income: JP¥103.0m (up 6.2% from 3Q 2024). Profit margin: 2.6% (down from 2.7% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 26% per year, which means it is significantly lagging earnings growth. 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: 11 December 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). New Risk • Aug 14
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). 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¥4.74b market cap, or US$32.3m). Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥15.62 (vs JP¥21.17 in 1Q 2024) First quarter 2025 results: EPS: JP¥15.62 (down from JP¥21.17 in 1Q 2024). Revenue: JP¥3.68b (up 14% from 1Q 2024). Net income: JP¥93.0m (down 26% from 1Q 2024). Profit margin: 2.5% (down from 3.9% in 1Q 2024). The decrease in margin was driven by higher expenses. New Risk • Aug 05
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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.1% average weekly change). Market cap is less than US$100m (JP¥3.88b market cap, or US$27.2m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥651, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 47% over the past three years. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥109 (vs JP¥72.57 in FY 2023) Full year 2024 results: EPS: JP¥109 (up from JP¥72.57 in FY 2023). Revenue: JP¥14.6b (up 17% from FY 2023). Net income: JP¥646.0m (up 50% from FY 2023). Profit margin: 4.4% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Announcement • May 16
Kyowa Corporation, Annual General Meeting, Jun 27, 2024 Kyowa Corporation, Annual General Meeting, Jun 27, 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. Payout ratio is a comfortable 1.6% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%). Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥16.30 (vs JP¥18.47 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.30 (down from JP¥18.47 in 3Q 2023). Revenue: JP¥3.56b (up 15% from 3Q 2023). Net income: JP¥97.0m (down 12% from 3Q 2023). Profit margin: 2.7% (down from 3.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Nov 29
Kyowa Corporation to Report Q3, 2024 Results on Feb 14, 2024 Kyowa Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥35.78 (vs JP¥18.47 in 2Q 2023) Second quarter 2024 results: EPS: JP¥35.78 (up from JP¥18.47 in 2Q 2023). Revenue: JP¥3.96b (up 28% from 2Q 2023). Net income: JP¥213.0m (up 94% from 2Q 2023). Profit margin: 5.4% (up from 3.5% in 2Q 2023). The increase in margin was driven by higher revenue. New Risk • Oct 13
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 5.3% 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: Minor Risks High level of debt (64% net debt to equity). 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 (5.3% average weekly change). Market cap is less than US$100m (JP¥4.20b market cap, or US$28.1m). Upcoming Dividend • Sep 21
Upcoming dividend of JP¥8.50 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 December 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%). Announcement • Aug 30
Kyowa Corporation to Report Q2, 2024 Results on Nov 14, 2023 Kyowa Corporation announced that they will report Q2, 2024 results on Nov 14, 2023 Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥832, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 32x in the Hospitality industry in Japan. Total returns to shareholders of 155% over the past three years. New Risk • Aug 12
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 64% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (64% net debt to equity). 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¥4.46b market cap, or US$30.8m). Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: JP¥21.17 (vs JP¥15.56 in 1Q 2023) First quarter 2024 results: EPS: JP¥21.17 (up from JP¥15.56 in 1Q 2023). Revenue: JP¥3.23b (up 14% from 1Q 2023). Net income: JP¥126.0m (up 37% from 1Q 2023). Profit margin: 3.9% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • May 28
Kyowa Corporation to Report Q1, 2024 Results on Aug 09, 2023 Kyowa Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • May 14
Kyowa Corporation, Annual General Meeting, Jun 23, 2023 Kyowa Corporation, Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥9.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%). Announcement • Dec 31
Kyowa Corporation to Report Q3, 2023 Results on Feb 14, 2023 Kyowa Corporation announced that they will report Q3, 2023 results on Feb 14, 2023 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 12 December 2022. Payout ratio is on the higher end at 80% but the company 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 (0.5%). Announcement • Aug 28
Kyowa Corporation to Report Q2, 2023 Results on Nov 14, 2022 Kyowa Corporation announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Jun 29
Kyowa Corporation to Report Q1, 2023 Results on Aug 12, 2022 Kyowa Corporation announced that they will report Q1, 2023 results on Aug 12, 2022 Announcement • May 15
Kyowa Corporation, Annual General Meeting, Jun 24, 2022 Kyowa Corporation, Annual General Meeting, Jun 24, 2022. Announcement • Apr 08
Kyowa Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Kyowa Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (0.4%). Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (0.5%). Announcement • Mar 04
Kyowa Corporation to Report Fiscal Year 2021 Results on May 14, 2021 Kyowa Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Mar 01
New 90-day high: JP¥455 The company is up 26% from its price of JP¥362 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: JP¥355 The company is down 6.0% from its price of JP¥377 on 09 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 10.0% over the same period. Announcement • Sep 04
KyOwa CORPORATION CO.,LTD. to Report Q2, 2021 Results on Nov 11, 2020 KyOwa CORPORATION CO.,LTD. announced that they will report Q2, 2021 results on Nov 11, 2020