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Keiwa 4251.T · JPY

Materials · Tokyo Stock Exchange · 🇯🇵 Japan

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1,110

+1.65%

Close of 9 Nov 2026, in JPY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2025

Revenue

¥20.47bn

FY2017FY2025

Net income

¥2.27bn

FY2017FY2025

Free cash flow

¥615.7m

FY2017FY2025

Shareholders' equity

¥23.86bn

FY2017FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥20.47bn¥21.13bn¥17.57bn¥21.10bn¥18.13bn¥14.74bn¥15.82bn¥15.76bn¥14.56bn
Gross profit¥8.78bn¥9.88bn¥7.24bn¥10.19bn¥7.21bn¥4.23bn¥3.96bn¥3.49bn¥2.82bn
Research and development——¥1.56bn¥1.49bn¥1.16bn¥802.7m¥588.6m¥572.6m¥654.2m
Operating income¥4.29bn¥4.74bn¥2.48bn¥5.61bn¥3.18bn¥975.5m¥987.8m¥753.5m¥371.5m
Net income¥2.27bn¥2.79bn¥1.98bn¥4.86bn¥2.57bn¥740.8m¥692.3m¥451.8m¥226.0m
Diluted earnings per share122.49144.71102.91252.43141.5328.1444.8624.4112.21

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥30.95bn¥32.32bn¥29.59bn¥29.33bn¥28.77bn¥17.66bn¥15.26bn¥14.00bn¥14.69bn
Cash and short-term investments¥9.38bn¥11.44bn¥8.65bn¥10.29bn¥9.03bn¥3.99bn¥2.81bn¥1.65bn¥1.51bn
Total liabilities¥7.08bn¥9.36bn¥9.23bn¥10.43bn¥14.62bn¥10.44bn¥10.26bn¥10.94bn¥11.92bn
Debt¥2.07bn¥3.33bn¥3.97bn¥4.70bn¥6.12bn¥5.21bn¥5.12bn¥6.03bn¥7.52bn
Shareholders' equity¥23.86bn¥22.96bn¥20.36bn¥18.91bn¥14.15bn¥7.21bn¥5.00bn¥3.06bn¥2.76bn
Shares outstanding19m19m19m19m18m26m15m19m19m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥3.55bn¥5.92bn¥2.45bn¥6.76bn¥2.18bn¥1.22bn¥1.73bn¥2.06bn¥1.25bn
Capital spending−¥2.93bn−¥2.21bn−¥2.97bn−¥4.57bn−¥2.63bn−¥1.67bn−¥994.2m−¥486.0m−¥1.22bn
Free cash flow¥615.7m¥3.71bn−¥520.2m¥2.19bn−¥457.8m−¥445.8m¥738.8m¥1.57bn¥28.5m
Dividends paid−¥674.5m−¥481.0m−¥721.6m−¥239.9m−¥118.5m−¥100.1m−¥5.9m−¥1.5m−¥5.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥5.29bn¥5.24bn¥5.41bn¥5.15bn¥4.93bn¥4.98bn¥6.27bn¥5.21bn
Gross profit¥2.04bn¥2.35bn¥2.23bn¥2.18bn¥2.10bn¥2.27bn¥3.12bn¥2.37bn
Operating income¥710.5m¥1.19bn¥1.00bn¥1.04bn¥986.2m¥1.26bn¥1.66bn¥1.01bn
Net income¥536.6m¥873.6m¥737.7m¥837.5m−¥107.1m¥800.7m¥771.4m¥441.6m
Diluted earnings per share28.9947.2039.8345.21-5.7843.2340.0022.90
Total assets¥31.03bn¥31.17bn¥30.95bn¥29.90bn¥29.97bn¥30.43bn¥32.32bn¥29.11bn
Cash and short-term investments¥11.27bn¥12.29bn¥9.38bn¥9.50bn¥9.52bn¥10.05bn¥11.44bn¥9.66bn
Debt¥1.66bn¥758.1m¥2.07bn¥850.2m¥2.50bn¥1.43bn¥1.64bn¥1.61bn
Shareholders' equity¥24.84bn¥24.13bn¥23.86bn¥22.80bn¥21.84bn¥21.96bn¥22.96bn¥21.20bn

Financial ratios

Data as of 24 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin42.9%46.8%41.2%48.3%39.7%28.7%——
Operating margin20.9%22.4%14.1%26.6%17.6%6.6%——
Net margin11.1%13.2%11.3%23.0%14.2%5.0%——
Return on equity9.5%12.2%9.7%25.7%18.2%10.3%——
Return on assets7.3%8.6%6.7%16.6%8.9%4.2%——
Free cash flow yield29.3%35.3%23.6%49.3%22.2%9.2%——
Revenue growth-3.1%20.3%-16.7%16.4%23.0%-6.9%——
Earnings growth-18.7%40.7%-59.2%89.2%246.9%7.0%——
Current ratio3.86x2.70x2.80x2.69x1.89x1.54x——
Debt to equity0.09x0.14x0.19x0.25x0.43x0.72x——
Equity ratio77.1%71.0%68.8%64.5%49.2%40.9%——
Interest coverage186.83x170.20x74.01x126.49x64.39x20.04x——
R&D as a share of sales——8.9%7.0%6.4%5.4%3.7%3.6%
Buybacks as a share of market value3.9%-0.1%-0.1%-6.1%31.0%-70.6%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-0.0%7.0%—
Operating income-8.6%34.5%—
Net income-22.4%25.1%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin44.9%45.0%42.0%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Price to earnings10.26.912.46.221.337.922.7
Price to sales1.10.91.41.53.11.91.0

Dividends and splits

Per share, in the currency the company pays

Paid for 7 years. Last went ex-dividend on 29 Dec 2025.

FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year75.0025.0050.0012.506.756.50
  • 2-for-1 split · 29 Dec 2022

Sources and methodology

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

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