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Kawanishi Warehouse Co 9322.T · JPY

Industrials · Tokyo Stock Exchange · 🇯🇵 Japan

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2,280

+3.54%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥26.40bn

FY2017FY2026

Net income

¥636.2m

FY2017FY2026

Free cash flow

¥871.2m

FY2017FY2026

Shareholders' equity

¥22.11bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥26.40bn¥25.54bn¥24.99bn¥27.11bn¥23.62bn¥21.06bn¥23.92bn¥23.44bn¥22.34bn¥22.20bn
Gross profit¥4.18bn¥3.79bn¥3.74bn¥3.49bn¥3.02bn¥2.66bn¥2.85bn¥2.85bn¥2.69bn¥2.49bn
Operating income¥1.12bn¥1.03bn¥1.16bn¥893.7m¥787.4m¥468.3m¥542.4m¥690.9m¥586.5m¥583.7m
Net income¥636.2m¥746.4m¥796.8m¥1.49bn¥523.2m¥542.2m¥244.2m¥328.9m¥487.4m¥370.3m
Diluted earnings per share82.7897.13104.20195.1768.4270.9132.0143.2264.0748.67

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥40.25bn¥38.38bn¥38.14bn¥37.84bn¥36.88bn¥33.62bn¥32.32bn¥32.04bn¥28.34bn¥28.08bn
Cash and short-term investments¥5.73bn¥5.27bn¥5.61bn¥5.03bn¥4.11bn¥5.01bn¥5.36bn¥4.23bn¥3.16bn¥4.21bn
Total liabilities¥14.70bn¥13.96bn¥14.59bn¥15.92bn¥16.80bn¥14.37bn¥14.68bn¥14.54bn¥10.76bn¥11.85bn
Debt¥9.55bn¥8.54bn¥9.48bn¥10.34bn¥10.85bn¥9.44bn¥9.30bn¥9.06bn¥6.63bn¥7.89bn
Shareholders' equity¥22.11bn¥21.31bn¥20.62bn¥19.28bn¥17.64bn¥17.03bn¥16.70bn¥16.55bn¥16.51bn¥15.99bn
Shares outstanding8m8m8m8m8m8m8m8m8m8m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥1.68bn¥2.45bn¥2.15bn¥2.68bn¥1.32bn¥1.37bn¥1.79bn¥2.04bn¥927.4m¥1.01bn
Capital spending−¥813.5m−¥1.48bn−¥543.9m−¥880.2m−¥3.39bn−¥2.54bn−¥835.2m−¥3.13bn−¥1.96bn−¥4.10bn
Free cash flow¥871.2m¥966.6m¥1.60bn¥1.80bn−¥2.07bn−¥1.17bn¥950.4m−¥1.09bn−¥1.03bn−¥3.09bn
Dividends paid−¥226.4m−¥210.8m−¥132.7m−¥116.8m−¥108.5m−¥116.2m−¥92.7m−¥107.9m−¥107.9m−¥91.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥7.01bn¥6.64bn¥6.61bn¥6.55bn¥6.60bn¥6.16bn¥6.65bn¥6.43bn
Gross profit¥1.16bn¥1.08bn¥1.05bn¥1.05bn¥1.07bn¥878.9m¥1.04bn¥946.3m
Operating income¥260.7m¥392.8m¥232.8m¥305.3m¥285.6m¥152.0m¥332.4m¥249.8m
Net income¥71.6m¥130.4m¥161.4m¥165.4m¥179.0m¥164.0m¥229.5m¥184.2m
Diluted earnings per share9.3216.9721.0021.5323.2921.3430.0124.09
Total assets¥42.12bn¥40.25bn¥38.97bn¥38.21bn¥37.19bn¥38.38bn¥37.84bn¥38.13bn
Cash and short-term investments¥5.49bn¥5.73bn¥5.19bn¥4.68bn¥4.73bn¥5.27bn¥5.55bn¥6.04bn
Debt¥1.78bn¥9.30bn¥850.4m¥8.35bn¥1.84bn¥8.24bn¥1.99bn¥8.65bn
Shareholders' equity¥21.30bn¥22.11bn¥21.58bn¥21.42bn¥21.09bn¥21.31bn¥21.05bn¥21.04bn

Financial ratios

Data as of 25 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin15.8%14.8%15.0%12.9%12.8%12.6%
Operating margin4.2%4.0%4.6%3.3%3.3%2.2%
Net margin2.4%2.9%3.2%5.5%2.2%2.6%
Return on equity2.9%3.5%3.9%7.7%3.0%3.2%
Return on assets1.6%1.9%2.1%3.9%1.4%1.6%
Free cash flow yield13.1%20.5%14.1%18.7%24.8%20.6%
Revenue growth3.4%2.2%-7.8%14.8%12.1%-12.0%
Earnings growth-14.8%-6.3%-46.6%185.3%-3.5%122.1%
Current ratio2.44x1.94x2.72x2.33x2.46x2.62x
Debt to equity0.42x0.39x0.44x0.51x0.60x0.54x
Equity ratio54.9%55.5%54.1%50.9%47.8%50.6%
Interest coverage11.46x20.99x24.13x16.42x13.90x8.04x
Buybacks as a share of market value0.0%-0.5%0.0%0.0%0.0%-0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-0.9%4.6%1.8%
Operating income7.7%19.0%10.0%
Net income-24.7%3.2%8.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin15.3%14.6%14.0%12.9%
Operating margin4.1%4.0%3.7%3.2%
Net margin2.7%3.5%3.2%2.5%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings27.526.510.26.014.614.835.223.820.548.2
Price to sales0.70.80.30.30.30.40.40.30.50.8

Dividends and splits

Per share, in the currency the company pays

Paid for 35 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year44.0024.0017.0013.0012.0012.0012.0012.00

Sources and methodology

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

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