Kao Corporation

TSE:4452 Stock Report

Market Cap: JP¥2.8t

Kao Future Growth

Future criteria checks 1/6

Kao is forecast to grow earnings and revenue by 7.5% and 3.3% per annum respectively. EPS is expected to grow by 8.1% per annum. Return on equity is forecast to be 13.4% in 3 years.

Key information

7.5%

Earnings growth rate

8.13%

EPS growth rate

Personal Products earnings growth16.6%
Revenue growth rate3.3%
Future return on equity13.35%
Analyst coverage

Good

Last updated14 Apr 2026

Recent future growth updates

Recent updates

The Kao Corporation (TSE:4452) Full-Year Results Are Out And Analysts Have Published New Forecasts

Mar 28
The Kao Corporation (TSE:4452) Full-Year Results Are Out And Analysts Have Published New Forecasts

Here's What Analysts Are Forecasting For Kao Corporation (TSE:4452) After Its Annual Results

Feb 08
Here's What Analysts Are Forecasting For Kao Corporation (TSE:4452) After Its Annual Results

These 4 Measures Indicate That Kao (TSE:4452) Is Using Debt Safely

Dec 12
These 4 Measures Indicate That Kao (TSE:4452) Is Using Debt Safely

Kao (TSE:4452) Has Announced A Dividend Of ¥77.00

Nov 28
Kao (TSE:4452) Has Announced A Dividend Of ¥77.00

Kao Corporation (TSE:4452) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Nov 09
Kao Corporation (TSE:4452) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Kao (TSE:4452) Is Due To Pay A Dividend Of ¥77.00

Nov 06
Kao (TSE:4452) Is Due To Pay A Dividend Of ¥77.00

Kao (TSE:4452) Is Due To Pay A Dividend Of ¥77.00

Sep 02
Kao (TSE:4452) Is Due To Pay A Dividend Of ¥77.00

Kao (TSE:4452) May Have Issues Allocating Its Capital

Aug 24
Kao (TSE:4452) May Have Issues Allocating Its Capital

Kao Corporation Just Missed EPS By 9.4%: Here's What Analysts Think Will Happen Next

Aug 11
Kao Corporation Just Missed EPS By 9.4%: Here's What Analysts Think Will Happen Next

Kao (TSE:4452) Seems To Use Debt Rather Sparingly

Jul 08
Kao (TSE:4452) Seems To Use Debt Rather Sparingly

There's Reason For Concern Over Kao Corporation's (TSE:4452) Price

Jun 19
There's Reason For Concern Over Kao Corporation's (TSE:4452) Price

Kao's (TSE:4452) Shareholders Will Receive A Bigger Dividend Than Last Year

May 13
Kao's (TSE:4452) Shareholders Will Receive A Bigger Dividend Than Last Year

Earnings Beat: Kao Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 10
Earnings Beat: Kao Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Calculating The Fair Value Of Kao Corporation (TSE:4452)

Apr 26
Calculating The Fair Value Of Kao Corporation (TSE:4452)
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Resilient Expansion Into High-Value Segments Boosts Profit Margins And Global Market Share

Structural reforms and brand focus have strengthened Kao's earning power, boosting net margins and operating income through high-value-added manufacturing.

Earnings and Revenue Growth Forecasts

TSE:4452 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,876,053157,851156,403244,13912
12/31/20271,822,205146,721142,461229,38112
12/31/20261,762,800132,533127,770213,55312
12/31/20251,688,633120,081128,835199,680N/A
9/30/20251,670,471121,459106,997182,938N/A
6/30/20251,649,483113,985113,674183,952N/A
3/31/20251,652,508114,147119,952188,337N/A
12/31/20241,628,448107,767134,109201,585N/A
9/30/20241,596,70782,355149,453214,123N/A
6/30/20241,582,03870,659139,855204,214N/A
3/31/20241,550,58255,523138,168201,514N/A
12/31/20231,532,57943,870136,034202,481N/A
9/30/20231,549,23260,260110,066178,015N/A
6/30/20231,555,68663,77497,267165,570N/A
3/31/20231,552,05872,61161,584138,216N/A
12/31/20221,551,05986,03853,704130,905N/A
9/30/20221,525,51985,88650,117127,386N/A
6/30/20221,477,49095,98662,493138,682N/A
3/31/20221,445,005102,16196,827165,930N/A
12/31/20211,418,768109,636104,005175,524N/A
9/30/20211,397,696122,271131,555199,903N/A
6/30/20211,390,018128,080139,706205,850N/A
3/31/20211,364,788125,196142,764207,637N/A
12/31/20201,381,997126,142144,868214,718N/A
9/30/20201,398,171130,575136,159219,384N/A
6/30/20201,448,000141,518149,880238,331N/A
3/31/20201,493,104148,438152,132250,228N/A
12/31/20191,502,241148,213150,745244,523N/A
9/30/20191,519,528157,841N/A235,072N/A
6/30/20191,500,376148,188N/A211,057N/A
3/31/20191,504,266152,364N/A195,315N/A
12/31/20181,508,007153,698N/A195,610N/A
9/30/20181,506,980150,023N/A198,007N/A
6/30/20181,501,147153,347N/A183,962N/A
3/31/20181,494,887150,615N/A183,600N/A
12/31/20171,489,421147,010N/A185,845N/A
9/30/20171,482,771136,617N/A197,472N/A
6/30/20171,475,385133,015N/A199,373N/A
3/31/20171,467,697129,919N/A189,267N/A
12/31/20161,457,610126,551N/A184,307N/A
9/30/20161,464,403117,019N/A166,421N/A
6/30/20161,476,153114,821N/A177,176N/A
3/31/20161,478,106107,647N/A179,524N/A
12/31/20151,471,79198,862N/A180,864N/A
9/30/20151,456,93997,120N/A164,223N/A
6/30/20151,430,93481,989N/A142,796N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4452's forecast earnings growth (7.5% per year) is above the savings rate (0.7%).

Earnings vs Market: 4452's earnings (7.5% per year) are forecast to grow slower than the JP market (10.2% per year).

High Growth Earnings: 4452's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4452's revenue (3.3% per year) is forecast to grow slower than the JP market (5.8% per year).

High Growth Revenue: 4452's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4452's Return on Equity is forecast to be low in 3 years time (13.4%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/16 02:02
End of Day Share Price 2026/04/16 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kao Corporation is covered by 23 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mitsuko MiyasakoBarclays
Akiko KuwaharaBofA Global Research
Hiroki WatanabeCitigroup Inc