Kadokawa Corporation

TSE:9468 Stock Report

Market Cap: JP¥465.6b

Kadokawa Past Earnings Performance

Past criteria checks 1/6

Kadokawa's earnings have been declining at an average annual rate of -5.8%, while the Media industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 6.7% per year. Kadokawa's return on equity is 3.1%, and it has net margins of 2.1%.

Key information

-5.82%

Earnings growth rate

-7.77%

EPS growth rate

Media Industry Growth9.30%
Revenue growth rate6.71%
Return on equity3.06%
Net Margin2.10%
Last Earnings Update30 Sep 2025

Recent past performance updates

There May Be Reason For Hope In Kadokawa's (TSE:9468) Disappointing Earnings

Nov 16
There May Be Reason For Hope In Kadokawa's (TSE:9468) Disappointing Earnings

Kadokawa's (TSE:9468) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 16
Kadokawa's (TSE:9468) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

There May Be Reason For Hope In Kadokawa's (TSE:9468) Disappointing Earnings

Nov 16
There May Be Reason For Hope In Kadokawa's (TSE:9468) Disappointing Earnings

Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Nov 08
Kadokawa Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Getting In Cheap On Kadokawa Corporation (TSE:9468) Might Be Difficult

Sep 21
Getting In Cheap On Kadokawa Corporation (TSE:9468) Might Be Difficult

Kadokawa Corporation Recorded A 8.0% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 10
Kadokawa Corporation Recorded A 8.0% Miss On Revenue: Analysts Are Revisiting Their Models

Kadokawa (TSE:9468) Shareholders Will Want The ROCE Trajectory To Continue

May 31
Kadokawa (TSE:9468) Shareholders Will Want The ROCE Trajectory To Continue

Kadokawa's (TSE:9468) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 16
Kadokawa's (TSE:9468) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their Models

May 12
Kadokawa Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Why We're Not Concerned About Kadokawa Corporation's (TSE:9468) Share Price

May 09
Why We're Not Concerned About Kadokawa Corporation's (TSE:9468) Share Price

An Intrinsic Calculation For Kadokawa Corporation (TSE:9468) Suggests It's 28% Undervalued

Apr 16
An Intrinsic Calculation For Kadokawa Corporation (TSE:9468) Suggests It's 28% Undervalued

Kadokawa Corporation (TSE:9468) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Feb 09
Kadokawa Corporation (TSE:9468) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

What You Can Learn From Kadokawa Corporation's (TSE:9468) P/E After Its 30% Share Price Crash

Jan 05
What You Can Learn From Kadokawa Corporation's (TSE:9468) P/E After Its 30% Share Price Crash

Investors Appear Satisfied With Kadokawa Corporation's (TSE:9468) Prospects As Shares Rocket 29%

Nov 21
Investors Appear Satisfied With Kadokawa Corporation's (TSE:9468) Prospects As Shares Rocket 29%

Kadokawa Corporation (TSE:9468) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Nov 11
Kadokawa Corporation (TSE:9468) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Earnings Tell The Story For Kadokawa Corporation (TSE:9468) As Its Stock Soars 30%

Sep 04
Earnings Tell The Story For Kadokawa Corporation (TSE:9468) As Its Stock Soars 30%

Analysts Have Made A Financial Statement On Kadokawa Corporation's (TSE:9468) First-Quarter Report

Aug 19
Analysts Have Made A Financial Statement On Kadokawa Corporation's (TSE:9468) First-Quarter Report

Kadokawa (TSE:9468) Seems To Use Debt Quite Sensibly

Jun 19
Kadokawa (TSE:9468) Seems To Use Debt Quite Sensibly

Returns Are Gaining Momentum At Kadokawa (TSE:9468)

May 31
Returns Are Gaining Momentum At Kadokawa (TSE:9468)

These 4 Measures Indicate That Kadokawa (TSE:9468) Is Using Debt Reasonably Well

Mar 19
These 4 Measures Indicate That Kadokawa (TSE:9468) Is Using Debt Reasonably Well

Revenue & Expenses Breakdown

How Kadokawa makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSE:9468 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25275,5285,78784,6820
30 Jun 25276,8996,79684,3220
31 Mar 25277,9157,39282,4230
31 Dec 24277,67212,43779,8770
30 Sep 24270,22210,35575,3480
30 Jun 24265,13410,99571,6000
31 Mar 24258,10911,38468,1580
31 Dec 23252,7266,83365,9390
30 Sep 23256,9976,26765,9220
30 Jun 23250,0008,88464,2770
31 Mar 23255,42912,67964,9250
31 Dec 22253,29416,66764,8210
30 Sep 22239,03617,49962,0130
30 Jun 22233,43817,69360,6450
31 Mar 22221,20814,07857,0670
31 Dec 21214,81110,16757,9510
30 Sep 21217,20511,49458,8930
30 Jun 21214,95811,15259,4610
31 Mar 21209,9479,58459,9520
31 Dec 20207,2539,20358,8380
30 Sep 20201,7677,10257,8480
30 Jun 20201,9317,95057,1110
31 Mar 20204,6538,09856,7440
31 Dec 19206,6805,96655,0630
30 Sep 19206,915-255,2540
30 Jun 19208,719-1,85054,3040
31 Mar 19208,605-4,08554,2780
31 Dec 18207,012-2,83652,2820
30 Sep 18207,4411,40851,2120
30 Jun 18206,4751,42951,1080
31 Mar 18206,7851,03850,8450
31 Dec 17207,1641,88751,9820
30 Sep 17207,3954,49651,9710
30 Jun 17206,6444,68552,2060
31 Mar 17205,7175,76751,6210
31 Dec 16205,3357,10651,0050
30 Sep 16206,8147,95151,0290
30 Jun 16203,0538,12450,1170
31 Mar 16200,9456,84550,6670
31 Mar 15201,13228,11052,9080

Quality Earnings: 9468 has high quality earnings.

Growing Profit Margin: 9468's current net profit margins (2.1%) are lower than last year (3.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 9468's earnings have declined by 5.8% per year over the past 5 years.

Accelerating Growth: 9468's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9468 had negative earnings growth (-44.1%) over the past year, making it difficult to compare to the Media industry average (12%).


Return on Equity

High ROE: 9468's Return on Equity (3.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/13 10:33
End of Day Share Price 2025/12/12 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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

Kadokawa Corporation is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yoshitaka NagaoBofA Global Research
Taro IshiharaDaiwa Securities Co. Ltd.
Atul GoyalJefferies LLC