Kokuyo Co (7984) AI Stock Analysis

• Market Cap: €377.48B
• Dividend Yield: 2.72%
• Average Volume (3M): 1.03M
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.70
• Revenue Growth: 2.90%
• EPS Growth: -14.49%
• Country: JP
• Employees: 7,647
• Sector: Industrials
• Sector Strength: 88
• Industry: Business Equipment & Supplies
• EPS (TTM): 22.09
• Shares Outstanding: 462,969,850
• 10 Day Avg. Volume: 951,290
• 30 Day Avg. Volume: 1,033,176
• PEG Ratio: 0.34
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 54.65
• 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

• Rating: 81 Outperform
• Price Target: ¥3,761.00 ▲(346.30%Upside)

Kokuyo Co's stock score of 81 reflects its strong financial performance and positive technical indicators. The company's robust revenue growth and sound balance sheet management are significant strengths. However, the current technical indicators suggest the stock might be overbought, warranting cautious optimism.

Kokuyo Co Business Overview & Revenue Model

Company Description

Kokuyo Co., Ltd. is a Japanese company specializing in the manufacture and sale of office products, furniture, and stationery. Founded in 1905, the company operates in multiple sectors, including stationery, office furniture, and related services. Kokuyo is renowned for its innovative and high-quality products, catering to both individual consumers and businesses. Its product line includes notebooks, writing instruments, filing supplies, office desks, chairs, and storage solutions, among others.

How the Company Makes Money

Kokuyo Co., Ltd. generates revenue through multiple streams, primarily from the sale of stationery and office furniture products. The company sells its products directly to consumers and businesses, both domestically and internationally. Additionally, Kokuyo has established a robust distribution network, including partnerships with retailers, wholesalers, and e-commerce platforms, which helps in reaching a wider audience and increasing sales. Besides product sales, the company also offers office space design and consulting services, which contribute to its earnings. Kokuyo's focus on quality, innovation, and design efficiency helps sustain its competitive edge and drive sales growth.

Kokuyo Co Financial Statement Overview

Summary

Kokuyo Co exhibits strong financial health with impressive revenue growth, sound profitability margins, and prudent balance sheet management. While cash flow generation experienced a recent dip, the company's low leverage and strong equity base provide a solid foundation for future growth.

Income Statement

Kokuyo Co demonstrates strong revenue growth with a steady increase from 2020 to TTM 2025, achieving a significant growth rate of 13.6% from 2022 to 2023. Gross profit margins are consistently robust, maintaining around 39% to 40% over the years. Despite a slight dip in net income in TTM 2025, the company holds a healthy net profit margin average of approximately 6% across the periods, indicating effective cost management.

Balance Sheet

The balance sheet reflects a solid financial structure with a low debt-to-equity ratio of roughly 0.02 in TTM 2025, highlighting minimal leverage. The equity ratio remains strong at around 73%, signifying a healthy proportion of equity financing. The return on equity is stable, averaging around 8% over recent years, indicating efficient use of shareholder funds.

Cash Flow

Kokuyo Co's cash flow statement shows variability, with a notable decline in operating cash flow in TTM 2025. The free cash flow to net income ratio remains positive, demonstrating adequate free cash generation relative to net income. However, the reduction in free cash flow from 2024 to TTM 2025 indicates potential challenges in cash flow sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	341.78B	338.23B	328.75B	300.93B	320.17B	300.64B
Gross Profit	135.97B	132.92B	127.39B	116.67B	115.71B	107.39B
EBITDA	34.92B	42.88B	36.08B	30.45B	28.90B	18.70B
Net Income	19.82B	21.79B	19.07B	18.24B	13.70B	8.30B
Balance Sheet
Total Assets	359.60B	362.96B	358.41B	337.17B	324.58B	320.30B
Cash, Cash Equivalents and Short-Term Investments	119.59B	132.34B	115.62B	98.46B	101.29B	90.78B
Total Debt	4.37B	4.18B	9.24B	9.47B	9.32B	12.96B
Total Liabilities	93.13B	98.90B	104.99B	97.42B	94.47B	93.96B
Stockholders Equity	263.11B	260.55B	251.84B	237.87B	228.47B	224.62B
Cash Flow
Free Cash Flow	4.27B	8.60B	28.39B	3.93B	15.75B	12.59B
Operating Cash Flow	9.62B	16.38B	34.74B	9.58B	21.79B	19.22B
Investing Cash Flow	8.02B	12.25B	-3.80B	-3.32B	2.56B	-6.11B
Financing Cash Flow	-16.44B	-15.62B	-14.44B	-8.99B	-15.06B	-5.95B

Kokuyo Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 842.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7984, the sentiment is Positive. The current price of 842.7 is above the 20-day moving average (MA) of 800.91, above the 50-day MA of 759.81, and above the 200-day MA of 685.62, indicating a bullish trend. The MACD of 17.67 indicates Negative momentum. The RSI at 76.88 is Negative, neither overbought nor oversold. The STOCH value of 78.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7984.

Kokuyo Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
7984	81 Outperform	€377.48B	19.14	7.55%	2.72%	2.90%	-14.49%
7846	81 Outperform	¥155.10B	10.93		2.91%	5.42%	13.99%
7994	80 Outperform	¥219.38B	9.51		4.42%	5.44%	8.71%
7975	70 Neutral	¥3.93B	9.55		2.15%	4.74%	―
7976	69 Neutral	¥106.13B	10.40		0.10%	20.31%	6.00%
Sector *	65 Neutral	$10.65B	15.49	5.57%	1.97%	2.71%	-26.32%
7962	51 Neutral	¥23.52B	158.19		1.69%	1.78%	-46.92%

Kokuyo Co Corporate Events

Kokuyo Co. Announces Board Resignation and Committee Restructuring

Kokuyo Co., Ltd. announced the resignation of Mr. Fukutaka Hashimoto from its Board of Directors due to personal circumstances, effective May 31, 2025. The company has adjusted the composition of its Nominating and Audit Committees following this change, ensuring compliance with legal requirements and maintaining effective governance.

Kokuyo Co. Announces Stock Split and Strategic Financial Adjustments

Kokuyo Co., Ltd. has announced a series of strategic financial changes, including a stock split, amendments to its Articles of Incorporation, and a revised dividend forecast, aimed at enhancing liquidity and expanding its investor base. These measures are expected to make the company’s shares more accessible to investors and adjust shareholder benefits, potentially impacting its market positioning and stakeholder engagement.

Kokuyo Co. Announces Share Buyback to Enhance Shareholder Value

Kokuyo Co., Ltd. has announced a share buyback plan, acquiring 325,100 shares worth ¥931,741,950 between April 16 and April 30, 2025. This move is part of a larger buyback initiative approved earlier in the year, allowing for the acquisition of up to 8.5 million shares, reflecting Kokuyo’s strategy to enhance shareholder value and optimize capital structure.

Kokuyo Co. Reports Q1 2025 Financial Results with Strategic Adjustments

Kokuyo Co., Ltd. reported a 3.5% increase in net sales for the first quarter of 2025, reaching ¥99,484 million, with operating income rising by 14.4%. Despite this growth, the profit attributable to owners decreased by 16.4% due to changes in accounting methods for rental income and expenses. The company forecasts continued growth in net sales and operating income for the full fiscal year 2025, reflecting strategic adjustments in financial reporting.