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    4452   JP3205800000

KAO CORPORATION

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Kao : to boost sanitary goods output in China's Anhui Province

05/17/2021 | 12:28am EDT

Kao Corp. will increase production of sanitary goods in Hefei, the capital of Anhui Province in eastern China, as part of efforts to meet local demand for quality products.

The Japanese consumer goods maker said last Thursday that construction of a new production facility was completed the same day on the site of Kao (Hefei) Co., a wholly owned subsidiary of its local unit Kao (China) Holding Co., following an investment of 6 billion yen (about $55 million), with operations set to start later this year.

Kao (Hefei) was established in 2011 with capital of $91.88 million and produces Merries paper diapers at its first plant with a site area of 70,000 square meters. With the completion of the new facility, its area has expanded to around 124,000 square meters, Kao said, without disclosing the production capacity.

Kao said in its medium-term management plan through fiscal 2025 that it will focus on sanitary products. In China, it produces sanitary napkins in Shanghai and paper diapers in Hefei. (NNA/Kyodo)

==Kyodo

© Kyodo News International, Inc., source Newswire

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Financials
Sales 2021 1 432 B 13 052 M 13 052 M
Net income 2021 130 B 1 181 M 1 181 M
Net cash 2021 150 B 1 365 M 1 365 M
P/E ratio 2021 25,2x
Yield 2021 2,12%
Capitalization 3 237 B 29 483 M 29 508 M
EV / Sales 2021 2,16x
EV / Sales 2022 2,05x
Nbr of Employees 33 409
Free-Float 96,5%
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Technical analysis trends KAO CORPORATION
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 8 100,67 JPY
Last Close Price 6 869,00 JPY
Spread / Highest target 41,2%
Spread / Average Target 17,9%
Spread / Lowest Target -2,46%
EPS Revisions
Managers and Directors
NameTitle
Yoshihiro Hasebe President & Representative Director
Michitaka Sawada Chairman
Hideo Makino Manager-Administration
Sonosuke Kadonaga Independent Outside Director
Osamu Shinobe Independent Outside Director
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