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E

EPCO Co 2311.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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774

+0.26%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2025

Revenue

¥6.25bn

FY2016FY2025

Net income

¥424.9m

FY2016FY2025

Free cash flow

¥299.1m

FY2016FY2025

Shareholders' equity

¥4.67bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue¥6.25bn¥5.61bn¥5.06bn¥4.82bn¥4.70bn¥4.38bn¥4.15bn¥3.90bn¥3.44bn¥3.27bn
Gross profit¥1.84bn¥1.69bn¥1.28bn¥1.16bn¥1.41bn¥1.40bn¥1.58bn¥1.48bn¥1.22bn¥1.26bn
Operating income¥376.7m¥334.5m¥161.8m¥65.8m¥437.9m¥442.0m¥560.1m¥579.0m¥555.5m¥92.4m
Net income¥424.9m¥327.1m¥626.5m¥359.2m¥658.1m¥438.1m¥428.1m¥289.4m¥351.8m¥308.2m
Diluted earnings per share47.4636.5670.1140.2673.8549.1648.0432.4739.4834.59

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets¥5.84bn¥5.82bn¥5.60bn¥5.08bn¥6.38bn¥5.40bn¥3.62bn¥3.74bn¥3.53bn¥3.39bn
Cash and short-term investments¥2.82bn¥2.17bn¥1.50bn¥1.41bn¥2.15bn¥1.64bn¥1.50bn¥1.75bn¥2.07bn¥2.17bn
Total liabilities¥1.17bn¥1.18bn¥924.5m¥686.4m¥1.33bn¥1.13bn¥450.7m¥734.9m¥536.3m¥470.0m
Debt¥500.0m¥500.0m————————
Shareholders' equity¥4.67bn¥4.65bn¥4.68bn¥4.39bn¥5.05bn¥4.27bn¥3.17bn¥3.00bn¥3.00bn¥2.92bn
Shares outstanding9m9m9m9m9m9m9m9m9m9m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations¥370.0m¥321.8m¥465.7m−¥168.0m¥230.0m¥513.0m¥463.1m¥423.4m¥521.2m¥802.0m
Capital spending−¥70.9m−¥65.2m−¥28.7m−¥233.4m−¥37.8m−¥165.7m−¥454.5m−¥72.0m−¥38.9m−¥39.9m
Free cash flow¥299.1m¥256.6m¥437.0m−¥401.3m¥192.2m¥347.3m¥8.7m¥351.4m¥482.3m¥762.1m
Dividends paid−¥286.4m−¥286.1m−¥285.6m−¥298.7m−¥267.4m−¥267.7m−¥244.7m−¥244.7m−¥245.0m−¥245.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥1.84bn¥1.61bn¥1.51bn¥1.39bn¥1.86bn¥1.49bn¥1.42bn¥1.40bn
Gross profit¥538.2m¥491.7m¥458.0m¥441.3m¥522.7m¥421.1m¥433.2m¥453.2m
Operating income¥115.6m¥93.8m¥82.5m¥76.0m¥162.4m¥55.8m¥67.9m¥94.1m
Net income¥73.5m¥100.0m¥129.2m¥94.6m¥148.3m¥52.8m¥242.7m¥24.1m
Diluted earnings per share8.2111.1714.4310.5716.575.9027.132.69
Total assets¥5.51bn¥5.83bn¥5.84bn¥5.62bn¥5.73bn¥5.63bn¥5.82bn¥5.42bn
Cash and short-term investments¥2.21bn¥2.64bn¥2.82bn¥2.67bn¥2.59bn¥1.71bn¥2.17bn¥2.14bn
Debt—¥500.0m¥500.0m¥500.0m¥500.0m¥500.0m¥500.0m¥500.0m
Shareholders' equity¥4.69bn¥4.61bn¥4.67bn¥4.50bn¥4.48bn¥4.42bn¥4.65bn¥4.28bn

Financial ratios

Data as of 10 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2012FY2011FY2010FY2009FY2008FY2007
Gross margin29.5%30.1%25.3%24.0%29.9%32.0%———————
Operating margin9.0%7.9%15.4%9.8%21.1%10.1%———————
Net margin6.8%5.8%12.4%7.5%14.0%10.0%———————
Return on equity9.1%7.0%13.4%8.2%13.0%10.3%———————
Return on assets7.3%5.6%11.2%7.1%10.3%8.1%———————
Free cash flow yield6.3%5.5%7.1%0.9%3.8%9.7%———————
Revenue growth11.5%10.8%5.0%2.6%7.2%5.5%———————
Earnings growth29.9%-47.8%74.4%-45.4%50.2%2.3%———————
Current ratio3.57x2.96x3.74x5.69x4.59x4.11x———————
Debt to equity0.11x0.11x—0.00x0.00x0.00x0.00x——————
Equity ratio80.0%79.8%83.5%86.5%79.2%79.1%———————
Interest coverage127.24x190.20x405.04x0.71x0.84x1.02x———————
R&D as a share of sales———————2.2%0.9%3.4%4.1%5.8%5.5%
Buybacks as a share of market value-0.1%-0.1%-0.1%-0.1%0.0%0.0%———————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue9.1%7.4%7.2%
Operating income78.9%-3.1%—
Net income5.8%-0.6%15.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin29.8%27.5%28.5%31.8%
Operating margin6.0%4.3%5.9%7.1%
Net margin6.3%8.0%9.2%8.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings16.921.312.617.510.619.830.324.945.521.0
Price to sales1.11.21.61.31.52.03.11.94.72.0

Dividends and splits

Per share, in the currency the company pays

Paid for 23 years. Last went ex-dividend on 29 Dec 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year35.0032.0032.0033.5030.0015.0027.5027.50
  • 2-for-1 split · 27 Dec 2017
  • 200-for-1 split · 28 Jul 2010
  • 5-for-1 split · 27 Jan 2004

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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