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Producer Manufacturing

KOKUYO CO., LTD.

Business Summary

KOKUYO CO., LTD. operates as a holding company which engages in the manufacturing, purchasing and sale of stationery and furniture products. It operates through the following segments: Spatial Value Domain, Business Supplies Domain, Global Stationery Domain, and Others. The Spatial Value Domain segment handles the furniture business in Japan and overseas. The Business Supplies Domain segment manages office supply wholesale and mail-order. The Global Stationery Domain segment deals with the stationery business in Japan and overseas. The Others segment includes outsourcing services and antenna shops. The company was founded by Zentaro Kuroda in October 1905 and is headquartered in Osaka, Japan.

Financial Highlights

Dec 2019 JPYUSD
Revenue320,200M2,937.32M
Gross Profit113,935M1,045.17M
Operating income16,745M153.60M
Income before tax21,623M198.35M
Net income15,304M140.38M
EBITDA22,849M209.60M
Diluted EPS129.381.18
Dividends Per Share390.35
Total Assets318,416M2,929.98M
Total liabilities97,134M893.80M
Total equity219,414M2,018.99M
Operating cash flow16,723M153.40M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 304,276M 307,625M 315,622M 315,155M 320,200M
Gross Profit 101,009M 105,466M 110,127M 112,631M 113,935M
Operating income 11,102M 15,440M 17,539M 18,297M 16,745M
Income before tax 10,812M 17,219M 18,702M 20,214M 21,623M
Net income 6,312M 12,183M 15,000M 14,232M 15,304M
EBITDA 18,304M 21,950M 24,054M 24,662M 22,849M
Diluted EPS 53.37 103.00 126.83 120.33 129.38
Dividends Per Share 17.50 22 29 32 39
Total Assets 286,313M 293,971M 305,147M 303,700M 318,416M
Total liabilities 105,520M 105,928M 100,650M 94,736M 97,134M
Total equity 178,972M 186,273M 202,602M 207,162M 219,414M
Operating cash flow 12,054M 23,725M 17,500M 20,880M 16,723M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 2,513.33M 2,831.10M 2,814.69M 2,853.55M 2,937.32M
Gross Profit 834.33M 970.61M 982.10M 1,019.81M 1,045.17M
Operating income 91.70M 142.09M 156.41M 165.66M 153.60M
Income before tax 89.30M 158.46M 166.78M 183.02M 198.35M
Net income 52.13M 112.12M 133.76M 128.86M 140.38M
EBITDA 151.19M 202.00M 214.51M 223.30M 209.60M
Diluted EPS 0.44 0.94 1.13 1.08 1.18
Dividends Per Share 0.14 0.20 0.25 0.28 0.35
Total Assets 2,380.09M 2,520.43M 2,708.80M 2,768.08M 2,929.98M
Total liabilities 877.17M 908.20M 893.47M 863.47M 893.80M
Total equity 1,487.77M 1,597.05M 1,798.50M 1,888.18M 2,018.99M
Operating cash flow 99.56M 218.34M 156.06M 189.05M 153.40M

Valuation Measures

Dec 2019
PER12.62
ROA4.91%
ROE7.17%
Operating margin5.22%
Profit margin4.77%

Key executives

  • President & Representative Director: Hidekuni Kuroda
  • Executive Officer, GM-Finance & Accounting: Naotaka Umeda
  • Director & Vice President: Nobuyuki Miyagaki
  • Representative Director & Vice President: Kozo Sakagami
  • Director, Vice President, Head-Special Matters: Takuya Morikawa

Shareholders

  • KOKUYO CO., LTD. (8.0%)
  • Kokuyo Kyoeikai Association (7.2%)
  • Kokuyo Enterprise KK (3.3%)
  • Kuroda Afforestation Promotion Corporation Donation (2.7%)
  • Kokuyo Kyowa Association (2.2%)
  • Nomura Asset Management Co., Ltd. (2.0%)
  • Sumitomo Mitsui Financial Group, Inc. (1.9%)
  • The Vanguard Group, Inc. (1.8%)
  • KURODA KOJI /KOKUYO/ (1.4%)
  • Norges Bank Investment Management (1.3%)

Contact Details

  • Website:http://www.kokuyo.co.jp
  • Address: 6-1-1 Oimazato-minami, Higashinari-Ku, Osaka, 537-8686, Japan
  • Phone: +81.6.6976.1221

Related Companies

  • Kokuyo Restricted Stock Compensation Plan
  • KOKUYO International (MALAYSIA) Sdn. Bhd.
  • Kokuyo Furniture India Pvt Ltd.
  • KOKUYO International Asia Co. Ltd.
  • KOKUYO Design Consultants (Shanghai) Co. Ltd.
  • Kokuyo Furniture (China) Co. Ltd.
  • Kokuyo Vietnam Co. Ltd.
  • S&T Logistics (Shanghai) Co. Ltd.
  • KOKUYO International (Thailand) Co. Ltd.
  • Kokuyo (Shanghai) Management Co. Ltd.
  • KOKUYO-IK (Thailand) Co. Ltd.
  • Kokuyo Riddhi Paper Products Pvt Ltd.
  • KOKUYO (Malaysia) Sdn. Bhd.
  • Kokuyo Employee Stock Ownership Plan
  • Kokuyo Supply Logistics Co., Ltd.
  • Kokuyo Product Shiga Co. Ltd.
  • Kokuyo Finance Co., Ltd.
  • Kokuyo MVP KK
  • Kokuyo Kyushu Sales Co. Ltd.
  • Kokuyo Store Creation Co. Ltd.
  • Kokuyo Engineering & Technology Co. Ltd.
  • Kokuyo Chugoku Sales Co. Ltd.
  • Kokuyo Logitem Co. Ltd.
  • Kokuyo Business Service Co., Ltd.
  • CW Facility Solution, Inc.
  • Iwami Paper Product Industry Co. Ltd.
  • Kokuyo Marketing Co. Ltd.
  • Kokuyo S&T Co., Ltd.
  • KOKUYO Office System Co., Ltd.
  • Kaunet Co. Ltd.

Competitors

  • Steelcase Inc. Class A
Last Updated on 25 Sep, 2020

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