Declared Dividend • Jul 26
Final dividend of JP¥55.00 announced Shareholders will receive a dividend of JP¥55.00. Ex-date: 29th September 2026 Payment date: 1st December 2026 Dividend yield will be 369%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 22
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Chairman, President & CEO Tadahiko Konoike is the most experienced director on the board, commencing their role in 1989. Independent External Director Mika Masuyama was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • May 13
Konoike Transport Co.,Ltd., Annual General Meeting, Jun 23, 2026 Konoike Transport Co.,Ltd., Annual General Meeting, Jun 23, 2026. Tillkännagivande • May 09
Konoike Transport Co.,Ltd., Annual General Meeting, Jun 24, 2025 Konoike Transport Co.,Ltd., Annual General Meeting, Jun 24, 2025. Tillkännagivande • Feb 11
Japanese Investors May Acquire Majority Stake in Pratham The Japanese consortium of Osaka Gas Co., Ltd. (TSE:9532), Sumitomo Corporation (TSE:8053), Japan Bank for International Cooperation (JBIC) and Konoike Transport Co.,Ltd. (TSE:9025) is planning to double its stake in city gas distribution company AG&P Pratham ahead of its IPO planned next year, according to sources aware of the development. This will make the consortium a majority stakeholder in the I-Squared Capital-backed company, which was last year valued at $1.5 billion. Currently, infrastructure investor I-Squared Capital is the majority stakeholder with a 56% stake in AG&P Pratham. Osaka, Sumitomo, JBIC and Konoike Transport together hold 26%. The balance of 18% is with Singapore-based Atlantic Gulf & Pacific (AG&P) LNG, the sources added. “The Japanese consortium including Osaka Gas is very interested and willing to increase their stake in AG&P Pratham. I-Squared Capital will dilute their stake for the Japanese consortium to increase the stake,” said an official aware of the development, adding that AG&P is planning an IPO in the second half of 2026 and the stake dilution will take place before that. Last March, I-Squared Capital decided to merge the operations of its city gas distribution companies in India — AG&P Pratham and Think Gas Distribution. The combined entity is valued at around $1.5 billion. The merger is awaiting regulatory approvals. “The merged entity will operate for a year before filing for an IPO. The management is also planning to rename the company shortly,” said another source, adding that the company's new identity could be unveiled at the India Energy Week to be held in New Delhi next week. “After the regulatory approvals, AG&P Pratham will go for an IPO. I-Squared wants to dilute stake and the Japanese consortium plans to become a majority stake holder. If I-Squared Capital dilutes up to 20% stake and the Japanese consortium decides to pick it up, its shareholding could go up to 46%,” said the official aware of the development. In an emailed response, an Osaka Gas spokesperson said: “Neither our company nor the J-Consortium has made any decisions regarding additional investments or becoming a majority shareholder.” An AG&P Pratham spokesperson said: “At this time, we are unable to provide any comment regarding our future plans.” I-Squared Capital did not respond to an email seeking comment. Tillkännagivande • Jan 23
Konoike Transport Co.,Ltd. (TSE:9025) completed the acquisition of Ferro Scrap Nigam Limited from MSTC Limited (NSEI:MSTCLTD). Konoike Transport Co.,Ltd. (TSE:9025) agreed to acquire Ferro Scrap Nigam Limited from MSTC Limited (NSEI:MSTCLTD) for INR 3.2 billion on September 19, 2024. Shareholders of MSTC shareholders approved the deal. transaction has been approved by Alternative Mechanism, empowered by the Cabinet Committee on Economic Affairs. Ferro Scrap Nigam reported net worth of INR 4.5 billion, total assets of INR 7.7 billion, sales of INR 7.6 billion and net income of INR 1.1 billion for fiscal year ending March 2024. The transaction is expected to complete on January 15, 2025.
Konoike Transport Co.,Ltd. entered into an agreement for sale to acquire Ferro Scrap Nigam Limited from MSTC Limited on October 24, 2024. The transaction is expected to complete after 60 business days from the date of execution of share purchase agreement.
Konoike Transport Co.,Ltd. (TSE:9025) completed the acquisition of Ferro Scrap Nigam Limited from MSTC Limited (NSEI:MSTCLTD) on January 21, 2025. Tillkännagivande • Sep 21
Konoike Transport Co.,Ltd. (TSE:9025) agreed to acquire Ferro Scrap Nigam Limited from MSTC Limited (NSEI:MSTCLTD) for INR 3.2 billion. Konoike Transport Co.,Ltd. (TSE:9025) agreed to acquire Ferro Scrap Nigam Limited from MSTC Limited (NSEI:MSTCLTD) for INR 3.2 billion on December 22, 2021. Shareholders of MSTC shareholders approved the deal. transaction has been approved by Alternative Mechanism, empowered by the Cabinet Committee on Economic Affairs. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥119 (vs JP¥49.48 in 1Q 2024) First quarter 2025 results: EPS: JP¥119 (up from JP¥49.48 in 1Q 2024). Revenue: JP¥83.7b (up 8.8% from 1Q 2024). Net income: JP¥6.33b (up 141% from 1Q 2024). Profit margin: 7.6% (up from 3.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 13
Konoike Transport Co.,Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and for the Full Year Ending March 31, 2025 Konoike Transport Co.,Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2024 and for the full year ending March 31, 2025. For the Six months, the company expected Net sales of JPY 170,000 million, Operating profit of JPY 11,500 million, Profit attributable to owners of parent of JPY 9,300 million and Earnings per share of JPY 175.35.
For the Full year, the company expected Net sales of JPY 340,000 million, Operating profit of JPY 18,000 million, Profit attributable to owners of parent of JPY 12,000 million and Earnings per share of JPY 226.33. Declared Dividend • Jul 11
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 273%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. Audit & Supervisory Board Member Hiroaki Kobayashi was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥214 (vs JP¥157 in FY 2023) Full year 2024 results: EPS: JP¥214 (up from JP¥157 in FY 2023). Revenue: JP¥315.0b (up 1.0% from FY 2023). Net income: JP¥11.3b (up 37% from FY 2023). Profit margin: 3.6% (up from 2.7% in FY 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥214 (vs JP¥157 in FY 2023) Full year 2024 results: EPS: JP¥214 (up from JP¥157 in FY 2023). Revenue: JP¥315.0b (up 1.0% from FY 2023). Net income: JP¥11.3b (up 37% from FY 2023). Profit margin: 3.6% (up from 2.7% in FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Tillkännagivande • May 12
Konoike Transport Co.,Ltd., Annual General Meeting, Jun 21, 2024 Konoike Transport Co.,Ltd., Annual General Meeting, Jun 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥38.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.2%). Reported Earnings • Mar 17
Third quarter 2024 earnings released: EPS: JP¥57.07 (vs JP¥33.63 in 3Q 2023) Third quarter 2024 results: EPS: JP¥57.07 (up from JP¥33.63 in 3Q 2023). Revenue: JP¥80.3b (down 1.5% from 3Q 2023). Net income: JP¥3.03b (up 70% from 3Q 2023). Profit margin: 3.8% (up from 2.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 03
Konoike Transport Co.,Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Konoike Transport Co.,Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Tillkännagivande • Nov 15
Konoike Transport Co.,Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024 Konoike Transport Co.,Ltd. provided consolidated earnings guidance for the full year ending March 31, 2024. For the Full year, the company expected Net sales of JPY 311,000 million, Operating profit of JPY 14,300 million, Profit attributable to owners of parent of JPY 9,000 million and Earnings per share of JPY 169.80. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥54.89 (vs JP¥51.08 in 2Q 2023) Second quarter 2024 results: EPS: JP¥54.89 (up from JP¥51.08 in 2Q 2023). Revenue: JP¥78.6b (flat on 2Q 2023). Net income: JP¥2.91b (up 7.6% from 2Q 2023). Profit margin: 3.7% (up from 3.4% in 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 17
Konoike Transport Co.,Ltd. Announces Year End Divided for the Year Ended March 31, 2023 and Provides Second Quarter Divided and Year End Dividend Forecast for the Year Ending March 31, 2024 Konoike Transport Co.,Ltd. announced year end divided of JPY 24.00 for the Year ended March 31, 2023. The company also provided second quarter divided forecast of JPY 18.00 and year end dividend forecast of JPY 24.00 for the Year ending March 31, 2024. Scheduled date to commence dividend payments: June 23, 2023. 
