Kokuyo Lifts Sales and Operating Profit, Boosts Payout After Stock Split

Kokuyo Co ( (JP:7984) ) just unveiled an announcement.

Kokuyo Co., Ltd., a leading Japanese office furniture and stationery maker, reported consolidated net sales of ¥359.9 billion for the fiscal year ended December 31, 2025, up 6.2% year on year, with operating income rising 16.5% to ¥26.2 billion and ordinary income climbing 11.5% to ¥27.2 billion. Profit attributable to owners of the parent edged down 1.4% to ¥21.5 billion, as the company absorbed a change in accounting presentation of real estate-related income and expenses, while maintaining a solid equity ratio of 70.9% despite a slight decline in total assets.

Operating cash flow decreased to ¥14.4 billion and cash and cash equivalents at year-end fell to ¥110.6 billion, reflecting higher financing outflows of ¥31.6 billion, even as investing activities turned to a net outflow. Kokuyo implemented a 4-for-1 stock split on July 1, 2025, raised total annual dividends to ¥10.7 billion with a payout ratio of 50.7%, and signaled continued shareholder returns with a forecast payout ratio of 51.2% for 2026, underscoring a commitment to balancing growth investment with distributions.

The most recent analyst rating on (JP:7984) stock is a Buy with a Yen1063.00 price target. To see the full list of analyst forecasts on Kokuyo Co stock, see the JP:7984 Stock Forecast page.

More about Kokuyo Co

Kokuyo Co., Ltd. is a Japan-based manufacturer and supplier of office furniture, stationery, and related products, listed on the Tokyo Stock Exchange Prime market. The company focuses on office and workspace solutions as well as paper and stationery goods, serving corporate and individual customers in domestic and overseas markets.

Average Trading Volume: 875,142

Technical Sentiment Signal: Buy

Current Market Cap: Yen412.6B

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