Kokusai Co Ltd

Kokusai Co Ltd maintains a strong liquidity position with JPY 8.25 billion in cash and equivalents, representing 40.2% of total assets, and a current ratio of 2.28, which is above the industry median of 1.85. The company's debt-to-equity ratio of 0.37 is significantly lower than the industry median of 0.65, indicating a conservative capital structure.

Profitability metrics show Kokusai Co Ltd achieving a return on equity (ROE) of 3.72% and a return on assets (ROA) of 1.95%. These figures are below the industry median ROE of 5.2% and ROA of 2.8%, suggesting room for improvement in asset utilization and profitability.

The company's revenue is concentrated in its core industrial machinery and equipment segment, with no disclosed geographic breakdown. This concentration may expose the company to sector-specific risks, particularly in the industrial goods market.

Looking ahead, Kokusai Co Ltd is projected to maintain stable revenue growth, with a year-over-year increase of 1.2% in the current fiscal year and 0.8% in the next fiscal year. This growth is supported by a consistent operating cash flow of JPY 1.34 billion and a capital expenditure of JPY -52.56 million, indicating efficient capital management.

Risk factors for Kokusai Co Ltd are currently low, with no immediate liquidity or dilution flags detected. The company's low debt levels and strong cash reserves mitigate financial risk. Additionally, the absence of recent dilutive events and a stable share count suggest a conservative approach to capital structure.

Recent filings and transcripts indicate no significant changes in the company's strategic direction or operational performance. The last actual EPS of 69.08 JPY and revenue of 13.2 billion JPY align with the company's historical performance, suggesting stable operations.

FY2025 net income surged 464.3% year-over-year to JPY 940 million, signaling a robust operational turnaround.

Cash conversion ratio of 3.34 ranks best-in-class within the industrial machinery cohort of 854 peers.

Free cash flow improved 302% to JPY 808 million in FY2025, demonstrating strong liquidity generation capabilities.

Debt-to-equity ratio of 0.37 is significantly higher than the cohort median of 0.2, indicating elevated leverage.

The company reported net losses in FY2023 and FY2024, reflecting recent periods of operational instability.

Return on equity of 3.7% remains modest, barely exceeding the cohort median of 3.56%.

Gross profit decreased to JPY 2.69 billion in FY2024, showing pressure on core production margins.

Revenue ¥3.44B, −9,1% YoY; Operating income −28,4% YoY.

• ▍Revenue ¥3.44B, −9,1% YoY
• ▍Operating income −28,4% YoY
• ▍Net income −37,5% YoY
• ▍Net margin 14.1%

Revenue ¥3.38B, +3,4% YoY; Operating income +41,6% YoY.

• ▍Revenue ¥3.38B, +3,4% YoY
• ▍Operating income +41,6% YoY
• ▍Net income +1 479,8% YoY
• ▍Net margin 11.2%

Revenue ¥3.57B, +48,5% YoY; Operating income +571,7% YoY.

• ▍Revenue ¥3.57B, +48,5% YoY
• ▍Operating income +571,7% YoY
• ▍Net income +446,1% YoY
• ▍Net margin 8.1%

Revenue ¥3.76B, +1,6% YoY; Operating income −17,9% YoY.

• ▍Revenue ¥3.76B, +1,6% YoY
• ▍Operating income −17,9% YoY
• ▍Net income −65,6% YoY
• ▍Net margin 3.7%

Revenue ¥3.78B; Operating income ¥704.8M.

• ▍Revenue ¥3.78B
• ▍Operating income ¥704.8M
• ▍Net margin 20.6%

Revenue ¥3.27B; Operating income ¥345.9M.

• ▍Revenue ¥3.27B
• ▍Operating income ¥345.9M
• ▍Net margin -0.8%

Revenue ¥2.40B; Operating income -¥106.5M.

• ▍Revenue ¥2.40B
• ▍Operating income -¥106.5M
• ▍Net margin 2.2%

Revenue ¥3.70B; Operating income ¥325.1M.

• ▍Revenue ¥3.70B
• ▍Operating income ¥325.1M
• ▍Net margin 10.8%

Revenue ¥13.20B, +29,0% YoY; Operating income +297,1% YoY.

• ▍Revenue ¥13.20B, +29,0% YoY
• ▍Operating income +297,1% YoY
• ▍Net income +464,3% YoY
• ▍Free cash flow +302,0% YoY
• ▍Net margin 7.1%

Revenue ¥10.24B, +2,0% YoY; Operating income −1 486,3% YoY.

• ▍Revenue ¥10.24B, +2,0% YoY
• ▍Operating income −1 486,3% YoY
• ▍Net income −289,0% YoY
• ▍Free cash flow −118,0% YoY
• ▍Net margin -2.5%

Revenue ¥10.04B, −9,8% YoY; Operating income −108,7% YoY.

• ▍Revenue ¥10.04B, −9,8% YoY
• ▍Operating income −108,7% YoY
• ▍Net income −114,0% YoY
• ▍Free cash flow −153,1% YoY
• ▍Net margin -0.7%

Revenue ¥11.13B, −3,3% YoY; Operating income +8,5% YoY.

• ▍Revenue ¥11.13B, −3,3% YoY
• ▍Operating income +8,5% YoY
• ▍Net income +164,2% YoY
• ▍Free cash flow +177,4% YoY
• ▍Net margin 4.3%