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Kitz
(6498)
Kitz (6498) vs. iShares MSCI Japan ETF (EWJ)
Kitz Business Overview & Revenue Model
Kitz Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 176.68B | 172.04B | 166.94B | 159.91B | 135.79B |
| Gross Profit | 46.96B | 44.97B | 42.42B | 38.82B | 34.46B |
| EBITDA | 22.61B | 23.84B | 21.07B | 19.22B | 16.25B |
| Net Income | 11.47B | 11.82B | 10.59B | 8.55B | 4.95B |
Balance Sheet | |||||
| Total Assets | 184.32B | 172.41B | 166.69B | 152.57B | 143.42B |
| Cash, Cash Equivalents and Short-Term Investments | 28.24B | 30.73B | 29.00B | 24.37B | 27.94B |
| Total Debt | 36.30B | 34.78B | 37.94B | 36.92B | 38.87B |
| Total Liabilities | 64.53B | 62.60B | 64.48B | 61.53B | 62.17B |
| Stockholders Equity | 118.16B | 108.39B | 100.87B | 89.96B | 80.37B |
Cash Flow | |||||
| Free Cash Flow | 3.24B | 9.15B | 7.12B | 1.13B | 4.58B |
| Operating Cash Flow | 13.63B | 18.56B | 16.01B | 8.54B | 8.28B |
| Investing Cash Flow | -10.29B | -7.84B | -7.41B | -7.47B | -3.24B |
| Financing Cash Flow | -6.07B | -9.91B | -5.19B | -5.57B | -11.53B |
Kitz Technical Analysis
Kitz Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥7.31B | 8.91 | ― | 2.80% | 6.02% | 7.39% | |
79 Outperform | ¥13.06B | 13.27 | ― | 2.82% | 7.10% | 18.03% | |
77 Outperform | ¥16.71B | 15.97 | ― | 0.72% | 6.51% | 3.68% | |
76 Outperform | ¥200.97B | 22.58 | ― | 2.50% | -2.46% | -10.72% | |
72 Outperform | ¥187.69B | 16.40 | 10.44% | 2.77% | 2.74% | 7.86% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | ¥13.20B | 242.29 | ― | 1.65% | 3.96% | ― |
Kitz Corporate Events
Kitz Corporation has completed a share buyback program authorized under Japan’s Companies Act, repurchasing 46,600 common shares on the Tokyo Stock Exchange for a total of ¥99.9 million. The buyback, nearly exhausting the approved ceiling of 51,000 shares and ¥100 million, marginally reduces the company’s outstanding float and is likely aimed at enhancing capital efficiency and shareholder returns through a tighter share base.
The transaction underscores management’s willingness to deploy balance sheet capacity in support of equity value, which may signal confidence in the firm’s earnings prospects and valuation. Although the repurchased volume represents only about 0.06% of shares outstanding excluding treasury stock, the move aligns Kitz with a broader trend of Japanese industrials using buybacks as a tool to improve capital allocation discipline and appeal to investors focused on shareholder-friendly policies.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.
Kitz Corporation has authorized a share buyback of up to 51,000 common shares, representing about 0.06% of its outstanding stock, for a total consideration of up to ¥100 million between February 13 and March 31, 2026. The repurchased shares will be held as treasury stock and used mainly for restricted share awards, including a new share-based compensation plan for directors at its domestic subsidiaries, underscoring the company’s focus on aligning management incentives with shareholder interests.
The buyback is relatively small compared with Kitz’s 86.97 million outstanding shares and existing treasury holdings, and appears designed more as a capital policy tool to support performance-linked compensation rather than to significantly alter capital structure. By expanding its equity-based remuneration framework across group companies, Kitz is reinforcing governance practices commonly seen among Japanese industrials seeking to enhance long-term corporate value and attract and retain management talent.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.
Kitz Corporation plans to replace its long-standing financial auditor, Ernst & Young ShinNihon LLC, with KPMG AZSA LLC, pending shareholder approval at the 112th Ordinary General Meeting on March 26, 2026. The Audit Committee cited the desire for a fresh audit perspective after a decades-long engagement, as well as KPMG AZSA’s global audit framework, expertise, independence, and quality controls, as reasons for the proposed change, adding that the outgoing auditor expressed no particular objections and that prior audit opinions raised no issues.
The switch underscores Kitz’s effort to strengthen governance and align its audit oversight with the scale of its international operations, potentially enhancing stakeholder confidence in the company’s financial reporting. By conducting a competitive process and emphasizing suitability for its global business and governance structure, Kitz signals a proactive stance on audit quality and regulatory compliance, even as it acknowledges the adequacy of the current auditor’s past work.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.
Kitz Corporation has announced a slate of director candidates and committee assignments, to be formally approved following its 112th Annual General Meeting of Shareholders scheduled for March 26, 2026. The board will maintain Representative Executive Officer and President Makoto Kohno and Chairman Yasuyuki Hotta, while adding three new independent outside directors and accepting the resignation of three current outside members.
The company is reshaping its governance structure by appointing independent outside directors as chairpersons of all key committees, including nominating, compensation, audit, and risk. This move further strengthens board oversight and risk management, signaling a continued emphasis on independent governance and aligning its structure with best practices that may reassure shareholders and other stakeholders.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.
Kitz Corporation has revised its dividend forecast for the fiscal year ended December 31, 2025, raising the planned year-end dividend from ¥27 to ¥32 per share and lifting the total annual dividend to ¥53, up from ¥48 in the previous forecast. The move reflects management’s emphasis on shareholder returns and a target consolidated payout ratio of at least 40%, with the latest plan implying a 40.2% ratio, signaling confidence in earnings strength while balancing investment needs and financial stability.
The company highlights that its dividend policy is tied to business performance and capital requirements, including debt repayment, bond redemptions, capital expenditure, and R&D or M&A activity. By increasing the dividend and maintaining stable payouts, Kitz aims to reassure investors about its cash flow resilience and disciplined capital allocation, potentially supporting its valuation and reinforcing its positioning as a shareholder-friendly industrial name.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.
Kitz Corporation has revised its dividend policy to place stronger emphasis on shareholder returns, responding to changes in the business environment and its capital structure and ROE targets. The board approved the change effective from the fiscal year ended December 31, 2025, signaling a firmer commitment to distributing profits while maintaining financial flexibility.
Under the new policy, Kitz has raised its target consolidated dividend payout ratio from roughly 35% to at least 40% of profit attributable to owners of the parent. The company will also continue to consider share buybacks, now explicitly factoring in optimal capital structure, ROE objectives, and investment status, underscoring a more shareholder-focused and performance-linked capital policy.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.
Kitz Corporation reported a 2.7% rise in net sales to ¥176.7 billion for the year ended December 31, 2025, with operating profit up 8.7% and ordinary profit up 5.2%, even as profit attributable to owners of parent slipped 3.0%. The company strengthened its balance sheet, with total assets climbing to ¥184.3 billion, an equity ratio of 64.1%, and steady operating cash flow despite lower cash and cash equivalents at year-end.
Shareholders are set to benefit from a higher annual dividend, increased to ¥53 per share for fiscal 2025 from ¥46 a year earlier, lifting the payout ratio to just over 40%. For fiscal 2026, Kitz forecasts double-digit growth in net sales to ¥195 billion and a 10.8% rise in profit attributable to owners of parent to ¥12.7 billion, signaling confidence in sustained earnings expansion and a continued emphasis on shareholder returns.
The most recent analyst rating on (JP:6498) stock is a Buy with a Yen2359.00 price target. To see the full list of analyst forecasts on Kitz stock, see the JP:6498 Stock Forecast page.