Buy Or Sell Opportunity • May 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.1% to JP¥6,121. The fair value is estimated to be JP¥7,883, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 38%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Reported Earnings • Apr 29
Full year 2026 earnings: Revenues and EPS in line with analyst expectations Full year 2026 results: EPS: JP¥312 (up from JP¥207 in FY 2025). Revenue: JP¥742.0b (up 10% from FY 2025). Net income: JP¥63.5b (up 50% from FY 2025). Profit margin: 8.6% (up from 6.3% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Kandenko Co.,Ltd., Annual General Meeting, Jun 26, 2026 Kandenko Co.,Ltd., Annual General Meeting, Jun 26, 2026. New Risk • Apr 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Apr 21
Kandenko Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 28, 2026 Kandenko Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 28, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Price Target Changed • Feb 28
Price target increased by 8.6% to JP¥5,571 Up from JP¥5,129, the current price target is an average from 7 analysts. New target price is 20% below last closing price of JP¥6,986. Stock is up 177% over the past year. The company is forecast to post earnings per share of JP¥294 for next year compared to JP¥207 last year. Buy Or Sell Opportunity • Feb 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to JP¥5,819. The fair value is estimated to be JP¥4,826, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 4.2% per annum over the same time period. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥97.05 (vs JP¥71.59 in 3Q 2025) Third quarter 2026 results: EPS: JP¥97.05 (up from JP¥71.59 in 3Q 2025). Revenue: JP¥170.9b (up 1.3% from 3Q 2025). Net income: JP¥19.8b (up 36% from 3Q 2025). Profit margin: 12% (up from 8.7% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 29
Kandenko Co.,Ltd. (TSE:1942) announces an Equity Buyback for 7,500,000 shares, representing 3.67% for ¥30,000 million. Kandenko Co.,Ltd. (TSE:1942) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 3.67% of its issued share capital (excluding treasury stock) for ¥30,000 million. The purpose of the program is to strengthen shareholder returns, further improve capital efficiency and mitigate the impact on the supply and demand balance of the shares of the Company resulting from a secondary offering of shares of common stock of the Company The plan will be valid till February 6, 2026. As of December 31, 2025, the company had 204,406,716 issued shares (excluding treasury stock) and 881,622 treasury shares. Buy Or Sell Opportunity • Jan 16
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to JP¥5,896. The fair value is estimated to be JP¥4,759, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period. Announcement • Dec 27
Kandenko Co.,Ltd. to Report Q3, 2026 Results on Jan 29, 2026 Kandenko Co.,Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026 Declared Dividend • Dec 06
First half dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Dec 03
Price target increased by 10% to JP¥5,029 Up from JP¥4,564, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥4,837. Stock is up 121% over the past year. The company is forecast to post earnings per share of JP¥266 for next year compared to JP¥207 last year. New Risk • Dec 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥67.28 (vs JP¥48.35 in 2Q 2025) Second quarter 2026 results: EPS: JP¥67.28 (up from JP¥48.35 in 2Q 2025). Revenue: JP¥175.1b (up 11% from 2Q 2025). Net income: JP¥13.8b (up 39% from 2Q 2025). Profit margin: 7.9% (up from 6.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%). Announcement • Sep 04
Kandenko Co.,Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Kandenko Co.,Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Price Target Changed • Aug 28
Price target increased by 7.1% to JP¥4,267 Up from JP¥3,983, the current price target is an average from 6 analysts. New target price is 8.3% above last closing price of JP¥3,939. Stock is up 87% over the past year. The company is forecast to post earnings per share of JP¥250 for next year compared to JP¥207 last year. Price Target Changed • Aug 15
Price target increased by 8.9% to JP¥3,983 Up from JP¥3,658, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,953. Stock is up 105% over the past year. The company is forecast to post earnings per share of JP¥245 for next year compared to JP¥207 last year. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥61.90 (vs JP¥36.12 in 1Q 2025) First quarter 2026 results: EPS: JP¥61.90 (up from JP¥36.12 in 1Q 2025). Revenue: JP¥165.6b (up 28% from 1Q 2025). Net income: JP¥12.7b (up 71% from 1Q 2025). Profit margin: 7.6% (up from 5.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jul 23
Price target increased by 8.1% to JP¥3,263 Up from JP¥3,019, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥3,411. Stock is up 95% over the past year. The company is forecast to post earnings per share of JP¥237 for next year compared to JP¥207 last year. Declared Dividend • Jul 09
Final dividend of JP¥45.00 announced Shareholders will receive a dividend of JP¥45.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 27
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥207 (up from JP¥134 in FY 2024). Revenue: JP¥671.9b (up 12% from FY 2024). Net income: JP¥42.4b (up 55% from FY 2024). Profit margin: 6.3% (up from 4.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 05
Kandenko Co.,Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Kandenko Co.,Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 New Risk • May 01
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 484% Dividend yield: 2.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 29
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥207 (up from JP¥134 in FY 2024). Revenue: JP¥671.9b (up 12% from FY 2024). Net income: JP¥42.4b (up 55% from FY 2024). Profit margin: 6.3% (up from 4.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.9%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2025 Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥56.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Announcement • Mar 05
Kandenko Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2025 Kandenko Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2025 Price Target Changed • Mar 04
Price target increased by 11% to JP¥2,907 Up from JP¥2,629, the current price target is an average from 7 analysts. New target price is 14% above last closing price of JP¥2,554. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥189 for next year compared to JP¥134 last year. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥71.59 (vs JP¥43.76 in 3Q 2024) Third quarter 2025 results: EPS: JP¥71.59 (up from JP¥43.76 in 3Q 2024). Revenue: JP¥168.8b (up 19% from 3Q 2024). Net income: JP¥14.6b (up 64% from 3Q 2024). Profit margin: 8.7% (up from 6.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 03
Kandenko Co.,Ltd. to Report Q3, 2025 Results on Jan 31, 2025 Kandenko Co.,Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 06
First half dividend increased to JP¥25.00 Dividend of JP¥25.00 is 4.2% higher than last year. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥48.35 (vs JP¥29.53 in 2Q 2024) Second quarter 2025 results: EPS: JP¥48.35 (up from JP¥29.53 in 2Q 2024). Revenue: JP¥157.9b (up 10% from 2Q 2024). Net income: JP¥9.88b (up 64% from 2Q 2024). Profit margin: 6.3% (up from 4.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.3%). Price Target Changed • Sep 17
Price target increased by 7.7% to JP¥2,208 Up from JP¥2,050, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥2,213. Stock is up 61% over the past year. The company is forecast to post earnings per share of JP¥153 for next year compared to JP¥134 last year. Announcement • Sep 03
Kandenko Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Kandenko Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Price Target Changed • Aug 19
Price target increased by 7.3% to JP¥2,050 Up from JP¥1,910, the current price target is an average from 5 analysts. New target price is 7.0% above last closing price of JP¥1,916. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥139 for next year compared to JP¥134 last year. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥36.12 (vs JP¥24.81 in 1Q 2024) First quarter 2025 results: EPS: JP¥36.12 (up from JP¥24.81 in 1Q 2024). Revenue: JP¥128.9b (up 8.5% from 1Q 2024). Net income: JP¥7.38b (up 46% from 1Q 2024). Profit margin: 5.7% (up from 4.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥2,056, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 150% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,283 per share. Declared Dividend • Jul 25
Final dividend increased to JP¥22.00 Dividend of JP¥22.00 is 29% higher than last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 2.7%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Jun 13
Price target increased by 11% to JP¥1,860 Up from JP¥1,670, the current price target is an average from 5 analysts. New target price is 9.6% above last closing price of JP¥1,697. Stock is up 53% over the past year. The company is forecast to post earnings per share of JP¥135 for next year compared to JP¥134 last year. Announcement • Jun 06
Kandenko Co.,Ltd. to Report Q1, 2025 Results on Jul 31, 2024 Kandenko Co.,Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 01
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥134 (up from JP¥104 in FY 2023). Revenue: JP¥598.4b (up 11% from FY 2023). Net income: JP¥27.3b (up 29% from FY 2023). Profit margin: 4.6% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 7.9%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2024 Kandenko Co.,Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 23
Kandenko Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 Kandenko Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.7%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥43.76 (vs JP¥25.61 in 3Q 2023) Third quarter 2024 results: EPS: JP¥43.76 (up from JP¥25.61 in 3Q 2023). Revenue: JP¥141.5b (up 5.8% from 3Q 2023). Net income: JP¥8.94b (up 71% from 3Q 2023). Profit margin: 6.3% (up from 3.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jan 26
Price target increased by 8.1% to JP¥1,514 Up from JP¥1,400, the current price target is an average from 5 analysts. New target price is 6.6% above last closing price of JP¥1,420. Stock is up 66% over the past year. The company is forecast to post earnings per share of JP¥120 for next year compared to JP¥104 last year. Announcement • Dec 28
Kandenko Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Kandenko Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: JP¥29.53 (up from JP¥25.45 in 2Q 2023). Revenue: JP¥143.0b (up 15% from 2Q 2023). Net income: JP¥6.03b (up 16% from 2Q 2023). Profit margin: 4.2% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.8%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 28
Kandenko Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023 Kandenko Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Price Target Changed • Sep 22
Price target increased by 9.0% to JP¥1,362 Up from JP¥1,250, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of JP¥1,344. Stock is up 58% over the past year. The company is forecast to post earnings per share of JP¥120 for next year compared to JP¥104 last year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥17.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.0%). Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥24.81 (vs JP¥21.09 in 1Q 2023) First quarter 2024 results: EPS: JP¥24.81 (up from JP¥21.09 in 1Q 2023). Revenue: JP¥118.8b (up 9.0% from 1Q 2023). Net income: JP¥5.07b (up 18% from 1Q 2023). Profit margin: 4.3% (up from 4.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Jun 10
Kandenko Co.,Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Kandenko Co.,Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Price Target Changed • Jun 07
Price target increased by 8.1% to JP¥1,148 Up from JP¥1,062, the current price target is an average from 5 analysts. New target price is 7.4% above last closing price of JP¥1,069. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥117 for next year compared to JP¥104 last year. 
