Kyodo Printing Co., Ltd. (7914) AI Stock Analysis

• Market Cap: ¥45.17B
• Dividend Yield: 3.71%
• Average Volume (3M): 88.48K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 0.93
• Revenue Growth: -0.04%
• EPS Growth: 93.95%
• Country: JP
• Employees: 3,227
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 52.92
• Shares Outstanding: 30,000,000
• 10 Day Avg. Volume: 63,190
• 30 Day Avg. Volume: 88,480
• PEG Ratio: 0.01
• Price to Book (P/B): 0.47
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 11.29
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ¥1,785.00 ▲(12.90% Upside)
• Action: Downgraded Date: 02/08/26
• Date: Action: Downgraded 02/08/26

The score is driven primarily by improved profitability and a conservative, improving balance sheet, supported by reasonable valuation and a solid dividend yield. Technicals are moderately positive but not strongly bullish given the stock is slightly below its 20-day average and momentum readings are mostly neutral.

Positive Factors

Improving Profitability

Margins have meaningfully improved to net ~3.8% TTM and EBITDA ~11.6% TTM, reflecting better cost control and pricing. Sustained margin expansion increases internal cash generation capacity, supports reinvestment and dividends, and provides a buffer against cyclical revenue weakness.

Conservative Balance Sheet

A very low debt-to-equity ratio (~0.17 TTM) gives Kyodo strong financial flexibility. Conservative leverage reduces refinancing and interest risk, enabling steady capital allocation to operations, dividends or opportunistic investments without materially increasing financial stress in downturns.

Recovering Free Cash Flow

Free cash flow has recovered and risen sharply (~56.5% TTM), improving the firm's ability to fund capex, dividends and working capital from operations. If sustained, stronger FCF enhances balance-sheet optionality and reduces reliance on external financing for strategic initiatives.

Negative Factors

Soft Revenue Trend

Top-line softness (TTM revenue down ~1%) indicates demand pressure in core printing services. For a business with modest operating leverage, persistent revenue weakness limits margin expansion, constrains scale benefits, and leaves profitability exposed to volume declines and pricing pressure over the medium term.

Weak Cash Conversion

FCF conversion at ~41% of net income and historical volatility reduce confidence in earnings quality. Irregular cash conversion can impair the company's ability to consistently fund dividends, investment or debt reduction, forcing tighter working-capital or external funding when swings occur.

Low Returns on Equity

ROE has risen to ~5.9% TTM but remains modest, signaling limited capital efficiency and pricing power in core operations. Persistently low returns can constrain reinvestment payoff and shareholder value creation, making future growth reliant on operational improvements or strategic changes.

Kyodo Printing Co., Ltd. Business Overview & Revenue Model

Company Description

Kyodo Printing Co., Ltd., together with its subsidiaries, engages in printing business in Japan. The company offers print media related services, including editing, planning, content production, and development for magazines, books, comics, textbooks, dictionaries, independent books, padded booklets, art and picture books, chronologies, e-publications and catalogs, leaflets, posters, pamphlets, calendars, POP, novelties, fine art reproductions, and other products. It also provides communication solutions, such as business forms, data printing services, bankbooks, lottery tickets, gift certificates, smart and credit cards, commuter passes, and other products. In addition, the company offers packaging products comprising flexible packaging, paper containers, metal printing related products, and various tubes; functional materials, such as medical and industrial materials; and construction materials, including decorative boards, interior finishing materials, electronic equipment, display related products, and other products. Further, it provides MoistCatch, a moisture absorbing functional film used for pharmaceuticals, diagnostics, etc.; OGCatch, outgassing-absorbing functional film that enhance product stability for pharmaceuticals, electronic components, and precision equipment; and OxyCatch, an oxygen scavenger film used in packaging of pharmaceuticals, cosmetics, and electronic components. Additionally, the company offers Non-Catch, a functional film that retains medicinal properties and fragrance; Ele-not, a highly functional film with anti-static property; HumiJudge, a humidity indicator; PartialOpen, a hot-water drain lid; SepaSheet, a packaging film used for food; and wrap carton, as well as provides security products and solutions. It also provides passenger tickets and transport smart cards; and information and communication technology services. Kyodo Printing Co., Ltd. was founded in 1897 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Kyodo Printing generates revenue primarily through its core business segments: commercial printing, packaging solutions, and information products. The company earns money by offering high-quality printing services to a wide array of clients, including manufacturers and retailers. Significant revenue streams include the production of packaging materials which are essential for various industries, and specialized printing services for marketing and advertising purposes. Additionally, strategic partnerships with companies in the food and pharmaceutical sectors enhance its market presence and contribute to stable revenue. Investments in advanced printing technology and a focus on sustainability further bolster its competitive edge and profitability.

Kyodo Printing Co., Ltd. Financial Statement Overview

Summary

Profitability has improved (net margin ~3.3% FY2025 and ~3.8% TTM; EBITDA margin ~11.6% TTM), and the balance sheet is strong with low, improving leverage (debt-to-equity ~0.17 TTM). Offsetting this, TTM revenue is slightly down (~-1.0%) and cash-flow quality is mixed: free cash flow improved and turned positive, but conversion is modest (~41% of net income) and historically volatile.

Income Statement

Profitability has improved meaningfully versus prior years: net margin rose from ~0.8%–1.5% (FY2022–FY2024) to ~3.3% in FY2025 and ~3.8% in TTM (Trailing-Twelve-Months), alongside a higher EBITDA margin (~11.6% TTM vs ~8.5%–10.9% previously). However, the top line is soft most recently (TTM revenue growth ~-1.0% after modest growth in FY2023–FY2025), and overall margins remain moderate for the industry, leaving earnings somewhat sensitive to revenue pressure.

Balance Sheet

Leverage appears conservative and improving: debt-to-equity is low (~0.17 in TTM (Trailing-Twelve-Months), down from ~0.46 in FY2021–FY2022), providing balance-sheet flexibility. Equity is substantial relative to the asset base, and returns are trending better with return on equity rising to ~5.9% TTM (Trailing-Twelve-Months) from low-single-digits in prior years. The main limitation is that returns are still not high, suggesting the company is not yet extracting strong profitability from its capital base.

Cash Flow

Cash generation has improved, with free cash flow turning positive and rising sharply (TTM (Trailing-Twelve-Months) free cash flow up ~56.5% and positive in FY2025 after negative free cash flow in FY2022 and FY2024). That said, cash conversion remains a watch item: free cash flow is only ~41% of net income in TTM (Trailing-Twelve-Months), and operating cash flow relative to revenue is modest (~7.1B on ~98.4B TTM revenue). Historical volatility (very strong FY2023 cash flow vs weaker FY2024) also reduces confidence in consistency.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	98.38B	99.98B	96.99B	93.36B	88.42B	91.03B
Gross Profit	20.50B	19.11B	18.19B	17.29B	15.80B	15.92B
EBITDA	11.39B	10.87B	8.23B	8.29B	7.64B	7.99B
Net Income	3.76B	3.31B	1.50B	1.25B	683.00M	825.00M
Balance Sheet
Total Assets	126.09B	126.17B	131.81B	123.47B	129.12B	129.08B
Cash, Cash Equivalents and Short-Term Investments	10.24B	12.25B	11.01B	10.56B	8.95B	12.81B
Total Debt	11.40B	13.37B	15.51B	13.00B	28.28B	28.37B
Total Liabilities	60.81B	63.25B	68.70B	65.75B	67.84B	66.13B
Stockholders Equity	65.25B	62.89B	63.08B	57.69B	61.16B	62.82B
Cash Flow
Free Cash Flow	2.94B	2.63B	-254.00M	16.36B	-2.47B	-2.74B
Operating Cash Flow	7.13B	6.74B	3.11B	23.41B	5.42B	5.64B
Investing Cash Flow	-519.00M	-902.00M	-2.91B	-4.42B	-6.63B	-7.40B
Financing Cash Flow	-7.92B	-4.64B	266.00M	-17.36B	-2.62B	1.53B

Kyodo Printing Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1581.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7914, the sentiment is Positive. The current price of 1581 is below the 20-day moving average (MA) of 1685.50, below the 50-day MA of 1644.98, and above the 200-day MA of 1463.91, indicating a bullish trend. The MACD of 22.82 indicates Negative momentum. The RSI at 68.97 is Neutral, neither overbought nor oversold. The STOCH value of 79.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7914.

Kyodo Printing Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7912	75 Outperform	¥1.60T	18.04	6.97%	1.47%	3.37%	-31.10%
7911	74 Outperform	¥1.46T	20.55	6.28%	1.07%	3.01%	6.48%
7914	68 Neutral	¥45.17B	13.14	―	3.71%	-0.04%	93.95%
7919	66 Neutral	¥3.64B	10.58	―	3.69%	0.62%	-24.08%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
7916	61 Neutral	¥5.77B	19.83	―	2.72%	-1.30%	―
3948	53 Neutral	¥7.29B	45.73	―	2.94%	-2.81%	57.37%

Kyodo Printing Co., Ltd. Corporate Events

Kyodo Printing Lifts Nine-Month Profit Despite Lower Sales, Confirms Full-Year Growth Outlook

Kyodo Printing reported consolidated net sales of ¥73.5 billion for the nine months ended December 31, 2025, down 2.1% year on year, with operating profit declining 16.2% to ¥1.44 billion and ordinary profit falling 9.5% to ¥1.95 billion, while profit attributable to owners of parent rose 18.8% to ¥2.84 billion, lifting basic earnings per share to ¥100.89 after a 4-for-1 stock split. Despite softer sales and earnings at the operating level, the company strengthened its financial position, increasing its equity ratio to 51.8% and maintaining its dividend policy with a full-year forecast of ¥76 per share, and it expects to return to top-line growth for the full fiscal year ending March 31, 2026, forecasting net sales of ¥103.5 billion and a 16.3% rise in full-year profit, signaling stable shareholder returns and cautious earnings growth in a challenging market.

The most recent analyst rating on (JP:7914) stock is a Buy with a Yen1838.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

Kyodo Printing Reports Progress on Share Buyback Program

Kyodo Printing Co., Ltd. has reported the progress of its share buyback program authorized by its board on November 26, 2025, under the Companies Act, repurchasing 170,300 common shares for approximately 279 million yen via market purchases on the Tokyo Stock Exchange between January 5 and January 31, 2026. As of January 31, 2026, the company has cumulatively bought back 429,000 shares for about 670 million yen out of a maximum authorization of 600,000 shares and 1 billion yen through March 31, 2026, signaling continued capital return to shareholders and potential enhancement of capital efficiency and per-share metrics.

The most recent analyst rating on (JP:7914) stock is a Buy with a Yen1801.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

Kyodo Printing Reports Progress on ¥1 Billion Share Buyback Program

Kyodo Printing Co., Ltd. has reported the status of its ongoing share buyback program authorized by its board on November 26, 2025, under provisions of the Companies Act. Between December 11 and December 23, 2025, the company repurchased 258,700 of its own common shares via market purchases on the Tokyo Stock Exchange for a total of ¥390,331,900, against an overall board authorization of up to 600,000 shares and ¥1 billion through March 31, 2026. As of December 31, 2025, these repurchases match the cumulative total under the resolution, signaling active capital management that may support shareholder returns and potentially improve capital efficiency through a reduced free float.

The most recent analyst rating on (JP:7914) stock is a Buy with a Yen1601.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

Kyodo Printing Announces Share Repurchase Plan

Kyodo Printing Co., Ltd. has announced the period for its repurchase of up to 600,000 of its own shares, representing approximately 2.1% of its outstanding shares, with a total purchase price of up to 1,000,000,000 yen. This strategic move, resolved by the Board of Directors, aims to enhance shareholder value and optimize the company’s capital structure, potentially impacting its market position positively.

The most recent analyst rating on (JP:7914) stock is a Hold with a Yen1640.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

Kyodo Printing Announces Secondary Share Offering Details

Kyodo Printing Co., Ltd. has announced the determination of the selling price for its secondary offering of shares, set at 1,406 yen per share, with a total selling price amounting to 2,699,520,000 yen. This move, resolved by the Board of Directors, is part of the company’s strategy to manage its stock offerings and potentially enhance its market position.

The most recent analyst rating on (JP:7914) stock is a Hold with a Yen1640.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

Kyodo Printing Announces Share Repurchase and Cancellation Plan

Kyodo Printing Co., Ltd. announced its decision to repurchase up to 600,000 of its own shares and cancel 3,480,000 shares as part of a strategic move to optimize its capital structure. This initiative, involving a significant portion of its outstanding shares, is expected to impact the company’s market positioning and shareholder value positively.

The most recent analyst rating on (JP:7914) stock is a Hold with a Yen1640.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.

Kyodo Printing Announces Secondary Share Offering

Kyodo Printing Co., Ltd. has announced a secondary offering of 1,920,000 shares of its common stock, with the majority being sold by The Master Trust Bank of Japan, Ltd. and Sumitomo Mitsui Trust Bank, Limited. The offering aims to adjust the company’s capital structure and potentially enhance its market position, although the final selling price will be determined based on market demand and other factors.

The most recent analyst rating on (JP:7914) stock is a Hold with a Yen1640.00 price target. To see the full list of analyst forecasts on Kyodo Printing Co., Ltd. stock, see the JP:7914 Stock Forecast page.