KeePer Technical Laboratory Co.Ltd. (6036) AI Stock Analysis

• Market Cap: ¥97.39B
• Dividend Yield: 1.51%
• Average Volume (3M): 161.32K
• Price to Earnings (P/E): 20.4
• Beta (1Y): 0.64
• Revenue Growth: 10.51%
• EPS Growth: 2.95%
• Country: JP
• Employees: 1,041
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 45.03
• Shares Outstanding: 28,280,840
• 10 Day Avg. Volume: 120,060
• 30 Day Avg. Volume: 161,316
• PEG Ratio: 1.88
• Price to Book (P/B): 5.37
• Price to Sales (P/S): 4.20
• P/FCF Ratio: 25.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ¥4,008.00 ▲(12.27% Upside)

KeePer Technical Laboratory Co.Ltd. scores well due to its strong financial performance, characterized by robust profitability and cash flow management. The technical analysis suggests some caution due to bearish momentum, but valuation metrics indicate the stock is fairly priced. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and demand for products, supporting long-term business expansion.

Cash Generation

Strong cash generation enhances financial flexibility, enabling investment in growth opportunities and resilience against market fluctuations.

Profitability Margins

High profitability margins reflect efficient operations and pricing power, contributing to sustainable competitive advantage.

Negative Factors

Debt Levels

Rising debt levels could strain financial resources and limit strategic flexibility, posing a risk to long-term financial stability.

Cost Pressures

Cost pressures may erode profitability if not managed effectively, impacting the company's ability to maintain its competitive edge.

Market Momentum

Bearish market momentum could reflect investor concerns, potentially affecting capital access and valuation perceptions.

KeePer Technical Laboratory Co.Ltd. Business Overview & Revenue Model

Company Description

KeePer Technical Laboratory Co., Ltd. engages in the development, manufacture, and sale of car coatings, car washing chemicals and equipment, and other products in Japan. The company also provides interior cleaning products and sheet metal paints. It operates approximately 5500 stores under the KeePer PROSHOP name, and 59 directly managed service centers for car washing and coating under the KeePer LABO name. The company was founded in 1985 and is headquartered in Obu, Japan.

How the Company Makes Money

KeePer Technical Laboratory generates revenue primarily through the sale of its chemical products, which include automotive coatings, cleaning agents, and maintenance solutions. The company operates on a B2B and B2C model, supplying its products to automobile manufacturers, dealerships, and individual consumers. Key revenue streams include direct sales through retail partnerships and e-commerce platforms, as well as collaborations with automotive service providers. Significant partnerships with major automotive brands and a strong distribution network further contribute to KeePer's earnings, allowing it to capitalize on the growing demand for vehicle maintenance and care products.

KeePer Technical Laboratory Co.Ltd. Financial Statement Overview

Summary

KeePer Technical Laboratory Co.Ltd. exhibits strong financial health with consistent revenue and profit growth, robust profitability margins, and a solid balance sheet with low leverage. The company's cash flow position is particularly strong, supporting its growth trajectory. While the increase in debt levels should be monitored, the company's financial statements reflect a well-managed business with a positive outlook.

Income Statement

KeePer Technical Laboratory Co.Ltd. has demonstrated consistent revenue growth over the years, with a recent annual growth rate of 2.15%. The company maintains strong profitability metrics, with a gross profit margin of 51.7% and a net profit margin of 21.2% for the latest period. EBIT and EBITDA margins are also robust at 30.7% and 33.3%, respectively, indicating efficient operational management. However, the slight decline in gross profit margin from the previous year suggests potential cost pressures.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.097, indicating conservative leverage. The return on equity stands at 27.1%, showcasing effective use of equity capital. The equity ratio is 72.7%, highlighting a strong equity base relative to total assets. Despite these strengths, the increase in total debt over the years warrants monitoring.

Cash Flow

The company has shown impressive free cash flow growth of 280.6% in the latest period, reflecting strong cash generation capabilities. The operating cash flow to net income ratio is 1.20, indicating healthy cash flow relative to earnings. The free cash flow to net income ratio is 0.79, suggesting efficient conversion of earnings into free cash flow. These metrics underscore the company's strong cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.09B	23.09B	20.57B	17.04B	14.36B	11.80B
Gross Profit	11.82B	11.94B	16.82B	13.92B	11.64B	9.29B
EBITDA	8.48B	7.70B	6.51B	5.79B	4.62B	3.28B
Net Income	5.24B	4.89B	4.42B	3.96B	3.09B	2.13B
Balance Sheet
Total Assets	24.83B	24.83B	19.28B	15.08B	11.86B	9.19B
Cash, Cash Equivalents and Short-Term Investments	4.17B	4.17B	5.14B	3.57B	2.72B	1.52B
Total Debt	1.75B	1.75B	407.01M	160.00M	539.94M	663.27M
Total Liabilities	6.78B	6.78B	4.82B	3.93B	3.82B	3.62B
Stockholders Equity	18.04B	18.04B	14.47B	11.15B	8.04B	5.57B
Cash Flow
Free Cash Flow	1.02B	3.87B	3.16B	2.50B	1.84B	2.43B
Operating Cash Flow	2.10B	5.86B	5.28B	3.66B	3.22B	3.09B
Investing Cash Flow	-1.43B	-6.80B	-2.50B	-1.59B	-1.35B	-739.96M
Financing Cash Flow	-1.40B	-27.58M	-1.22B	-1.23B	-669.38M	-2.73B

KeePer Technical Laboratory Co.Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3570.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6036, the sentiment is Positive. The current price of 3570 is above the 20-day moving average (MA) of 3517.00, above the 50-day MA of 3569.60, and below the 200-day MA of 3660.77, indicating a neutral trend. The MACD of 4.49 indicates Negative momentum. The RSI at 52.32 is Neutral, neither overbought nor oversold. The STOCH value of 45.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6036.

KeePer Technical Laboratory Co.Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4116	76 Outperform	¥72.28B	11.43	―	3.07%	1.57%	-33.97%
4619	75 Outperform	¥50.68B	9.36	―	5.06%	-3.21%	27.18%
4028	74 Outperform	¥109.95B	7.90	―	4.18%	1.16%	167.89%
6036	73 Outperform	¥97.39B	20.39	―	1.51%	10.51%	2.95%
4369	72 Outperform	¥82.54B	14.34	―	1.38%	47.56%	49.58%
4635	69 Neutral	¥19.01B	11.35	―	3.59%	8.85%	110.05%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

KeePer Technical Laboratory Co.Ltd. Corporate Events

KeePer Technical Laboratory Reports Strong November Sales and Product Launch Success

KeePer Technical Laboratory Co., Ltd. reported a 9.5% increase in total sales for November 2025, driven by the launch of the new Diamond II KeePer and a significant rise in customer interest and store visits. The company’s new product launches, including the DIA II KeePer, have positioned it for competitive advantage as it enters the peak demand season, with strong growth observed in both the automotive and aftermarket segments.

KeePer Technical Laboratory Reports Mixed Financial Results for Q3 2025

KeePer Technical Laboratory Co., Ltd. reported a 6.7% increase in net sales for the three months ended September 30, 2025, compared to the same period in 2024. However, the company experienced declines in operating profit, ordinary profit, and net profit by 7.8%, 10.0%, and 10.7%, respectively. Despite these declines, the company’s financial position remains strong with an increase in total assets and net assets, and a stable equity-to-asset ratio. The company has maintained its dividend forecast for the fiscal year ending June 30, 2026, indicating confidence in its long-term financial health.

KeePer Technical Laboratory Opts for Higher Tender Offer for SOFT99 Shares

KeePer Technical Laboratory Co., Ltd. has decided to apply for a competing tender offer for SOFT99 Corporation’s shares, opting for a higher offer price from ECM Master Fund SPV 3 over the initial management buyout offer. This decision is aimed at maximizing corporate value and shareholder interests, as the competing offer presents a significant financial advantage.

KeePer Technical Laboratory Reports Sales Growth Amid Weather Challenges

In September 2025, KeePer Technical Laboratory Co., Ltd. reported a 3.9% increase in total sales year-on-year, despite challenges in its KeePer LABO operation segment due to extreme weather conditions affecting consumer sentiment and store visits. The company managed to maintain stable sales for its premium EX Keeper product, indicating strong demand for high-value-added coatings. Additionally, the KeePer Products Related Segment saw a 6.8% increase in sales, driven by improved conditions for service delivery and the excitement generated by the KeePer Technical Contest.

KeePer Technical Laboratory Affirms Independence Amid Shareholder Relations

KeePer Technical Laboratory Co., Ltd. has announced details regarding its relationship with Tani Co., Ltd., which holds a 21.24% voting rights stake, making it the largest shareholder. Despite this significant stake, KeePer maintains its independence in decision-making and business operations, ensuring autonomy from Tani Co., Ltd.