Cash flow Kokusai Co., Ltd.

Equities

7722

JP3293700005

Industrial Machinery & Equipment

Market Closed - Japan Exchange Other stock markets 01:30:00 2025-12-12 am EST			5-day change	1st Jan Change
835.00 ^JPY	+1.33%		-1.18%	+67.67%

May. 15	Tranche Update on Kokusai Co., Ltd.'s Equity Buyback Plan announced on May 15, 2025.	CI
May. 15	Kokusai Co., Ltd.'s Equity Buyback announced on May 15, 2025 has closed with of 63,200 shares, representing 0.47% for ¥35.08 million.	CI

360bc3e40db20d7d51c288b6c77c.-x23-U-EX-fhR35IH9ClVfFy5UVdThSfh7XF8FzaITI.jXTmrSrCNbGIIBIYW7SIZMRGlS0xAWKy6YOjqBaUaAOtdsCVLe8Q0tYzPw

Published financial data: KOKUSAI CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	11.5B	11.13B	10.04B	10.24B	13.2B
Total Revenues	11.5B	11.13B	10.04B	10.24B	13.2B
Cost of Goods Sold, Total	7.89B	7.57B	7.12B	7.54B	8.3B
Gross Profit	3.62B	3.56B	2.92B	2.69B	4.9B
Selling General & Admin Expenses, Total	3.01B	2.84B	2.72B	3B	3.54B
Provision for Bad Debts	28M	94M	44M	134M	16M
R&D Expenses	38M	45M	116M	63M	19M
Depreciation & Amortization - (IS)	33M	30M	40M	37M	38M
Other Operating Expenses	97M	107M	36M	76M	70M
Other Operating Expenses, Total	3.2B	3.11B	2.96B	3.31B	3.69B
Operating Income	412M	446M	-39M	-612M	1.21B
Interest Expense, Total	-10M	-13M	-21M	-26M	-26M
Interest And Investment Income	42M	32M	95M	160M	194M
Net Interest Expenses	32M	19M	74M	134M	168M
Currency Exchange Gains (Loss)	48M	181M	138M	313M	25M
Other Non Operating Income (Expenses)	58M	70M	15M	10M	6M
EBT, Excl. Unusual Items	550M	716M	188M	-155M	1.41B
Gain (Loss) On Sale Of Investments	16M	-	-	-	-
Asset Writedown	-	-	-	-1M	-
EBT, Incl. Unusual Items	566M	716M	188M	-156M	1.41B
Income Tax Expense	376M	221M	219M	69M	411M
Earnings From Continuing Operations	190M	495M	-31M	-225M	999M
Net Income to Company	190M	495M	-31M	-225M	999M
Minority Interest	-11M	-20M	-35M	-33M	-59M
Net Income - (IS)	179M	475M	-66M	-258M	940M
Net Income to Common Incl Extra Items	179M	475M	-66M	-258M	940M
Net Income to Common Excl. Extra Items	179M	475M	-66M	-258M	940M
Per Share Items
Net EPS - Basic	12.73	34.24	-4.8	-18.77	69.06
Basic EPS - Continuing Operations	12.73	34.24	-4.8	-18.77	69.06
Basic Weighted Average Shares Outstanding	14.06M	13.87M	13.75M	13.75M	13.61M
Net EPS - Diluted	12.73	34.24	-4.8	-18.77	69.06
Diluted EPS - Continuing Operations	12.73	34.24	-4.8	-18.77	69.06
Diluted Weighted Average Shares Outstanding	14.06M	13.87M	13.75M	13.75M	13.61M
Normalized Basic EPS	23.67	30.82	6	-9.45	60.41
Normalized Diluted EPS	23.67	30.82	6	-9.45	60.41
Dividend Per Share	25	20	20	20	30
Payout Ratio	274.3	58.53	-416.67	-106.2	29.04
Supplemental Items
EBITDA	552M	585M	126M	-461M	1.37B
EBITA	412M	446M	-39M	-612M	1.21B
EBIT	412M	446M	-39M	-612M	1.21B
Effective Tax Rate - (Ratio)	66.43	30.87	116.49	-44.23	29.15
Normalized Net Income	333M	428M	82.5M	-130M	822M
Non-Cash Pension Expense	76.4M	64.45M	67.33M	71.55M	103M
Supplemental Operating Expense Items
Selling and Marketing Expenses	324M	362M	267M	264M	398M
General and Administrative Expenses	400M	392M	335M	310M	304M
Research And Development Expense From Footnotes	38M	45M	116M	63M	19M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	5.91B	5.45B	7.41B	8.25B	7.9B
Total Cash And Short Term Investments	5.91B	5.45B	7.41B	8.25B	7.9B
Accounts Receivable, Total	2.68B	3.2B	3.81B	3.63B	3.18B
Other Receivables	33M	34M	52M	56M	10M
Total Receivables	2.71B	3.24B	3.86B	3.69B	3.19B
Inventory	4.33B	3.14B	3.78B	3.5B	4.29B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	455M	314M	383M	356M	489M
Total Current Assets	13.41B	12.14B	15.44B	15.79B	15.86B
Net Property Plant And Equipment	3.1B	3B	2.95B	2.87B	2.87B
Long-term Investments	2.09B	2.1B	1.96B	1.78B	2B
Other Intangibles, Total	68M	61M	52M	55M	72M
Loans Receivable Long-Term	8M	-	-	-	-
Deferred Tax Assets Long-Term	18M	63M	11M	19M	28M
Other Long-Term Assets, Total	1M	1M	1M	2M	1M
Total Assets	18.69B	17.37B	20.41B	20.52B	20.84B
Liabilities
Accounts Payable, Total	2.4B	1.32B	1.9B	1.96B	1.51B
Accrued Expenses, Total	88M	87M	115M	89M	145M
Short-term Borrowings	1.32B	1.43B	1.6B	1.34B	970M
Current Portion of Long-Term Debt	370M	474M	520M	555M	659M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	140M	218M	83M	72M	365M
Other Current Liabilities	1.92B	1.47B	1.76B	2.89B	3.23B
Total Current Liabilities	6.24B	5B	5.98B	6.91B	6.88B
Long-Term Debt	789M	570M	2.67B	2.12B	1.78B
Pension & Other Post Retirement Benefits	369M	380M	383M	376M	370M
Deferred Tax Liability Non Current	144M	103M	94M	73M	130M
Other Non Current Liabilities	22M	21M	39M	22M	77M
Total Liabilities	7.57B	6.07B	9.16B	9.5B	9.24B
Common Stock, Total	1.02B	1.02B	1.02B	1.02B	1.02B
Additional Paid In Capital	936M	936M	936M	936M	936M
Retained Earnings	8.84B	9.04B	8.7B	8.16B	8.83B
Treasury Stock	-99M	-327M	-327M	-327M	-426M
Comprehensive Income and Other	275M	460M	697M	943M	861M
Total Common Equity	10.97B	11.13B	11.02B	10.74B	11.22B
Minority Interest	149M	169M	225M	277M	377M
Total Equity	11.12B	11.3B	11.25B	11.01B	11.6B
Total Liabilities And Equity	18.69B	17.37B	20.41B	20.52B	20.84B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	14.08M	13.75M	13.75M	13.75M	13.47M
ECS Total Common Shares Outstanding	14.08M	13.75M	13.75M	13.75M	13.54M
Book Value / Share	779.49	809.41	801.84	780.97	829.04
Tangible Book Value	10.91B	11.07B	10.97B	10.68B	11.15B
Tangible Book Value Per Share	774.66	804.97	798.06	776.97	823.72
Total Debt	2.48B	2.48B	4.79B	4.01B	3.41B
Net Debt	-3.44B	-2.98B	-2.62B	-4.23B	-4.49B
Debt Equivalent of Unfunded Proj. Benefit Obligation	192M	193M	208M	192M	179M
Minority Interest, Total (Incl. Fin. Div)	149M	169M	225M	277M	377M
Inventories - Raw Materials, Total	546M	657M	699M	774M	749M
Inventories - Work In Process, Total	3.15B	1.84B	2.7B	2.41B	2.9B
Inventories - Finished Goods, Total	638M	636M	386M	318M	641M
Inventories - Others	-	1M	-	1M	1M
Full Time Employees	299	288	286	287	297
Accumulated Allowance for Doubtful Accounts (Supple)	3M	3M	7M	13M	8M
Order Backlog	9.78B	7.51B	8.23B	12.36B	13.19B

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	567M	717M	188M	-155M	1.41B
Depreciation & Amortization - CF	140M	139M	165M	151M	157M
Depreciation & Amortization, Total	140M	139M	165M	151M	157M
(Gain) Loss From Sale Of Asset	-	-	-	1M	-
(Gain) Loss on Sale of Investments - (CF)	-16M	-	-	-	-
Other Operating Activities, Total	-620M	-141M	-351M	-85M	-26M
Change In Accounts Receivable	782M	-480M	-552M	238M	468M
Change In Inventories	1M	1.23B	-622M	363M	-792M
Change In Accounts Payable	99M	-1.09B	568M	41M	-454M
Change in Other Net Operating Assets	-930M	-487M	133M	782M	269M
Cash from Operations	23M	-119M	-471M	1.34B	1.03B
Capital Expenditure	-285M	-9M	-42M	-48M	-59M
Divestitures	16M	-	-	-	-
Sale (Purchase) of Intangible assets	-2M	-1M	-	-4M	-17M
Investment in Marketable and Equity Securities, Total	-197M	251M	38M	-467M	-254M
Net (Increase) Decrease in Loans Originated / Sold - Investing	2M	-	-	-	-
Other Investing Activities, Total	-35M	-16M	133M	1M	15M
Cash from Investing	-501M	225M	129M	-518M	-315M
Short Term Debt Issued, Total	480M	112M	168M	-	-
Long-Term Debt Issued, Total	1B	350M	2.7B	-	350M
Total Debt Issued	1.48B	462M	2.87B	-	350M
Short Term Debt Repaid, Total	-	-	-	-260M	-370M
Long-Term Debt Repaid, Total	-299M	-465M	-558M	-512M	-584M
Total Debt Repaid	-299M	-465M	-558M	-772M	-954M
Repurchase of Common Stock	-	-227M	-	-	-99M
Common Dividends Paid	-491M	-278M	-275M	-274M	-273M
Common & Preferred Stock Dividends Paid	-491M	-278M	-275M	-274M	-273M
Other Financing Activities, Total	-	-1M	-1M	-	-1M
Cash from Financing	690M	-509M	2.03B	-1.05B	-977M
Foreign Exchange Rate Adjustments	12M	164M	164M	276M	119M
Miscellaneous Cash Flow Adjustments	-1M	1M	-	-2M	-1M
Net Change in Cash	223M	-238M	1.86B	46M	-141M
Supplemental Items
Cash Interest Paid	9M	12M	22M	24M	26M
Cash Income Tax Paid (Refund)	685M	203M	329M	73M	38M
Levered Free Cash Flow	-132M	-254M	-486M	1.34B	637M
Unlevered Free Cash Flow	-126M	-246M	-473M	1.36B	653M
Change In Net Working Capital	236M	654M	572M	-1.64B	185M
Net Debt Issued / Repaid	1.18B	-3M	2.31B	-772M	-604M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.39	1.55	-0.13	-1.87	3.66
Return on Total Capital	1.98	2.04	-0.16	-2.46	5.04
Return On Equity %	1.71	4.42	-0.27	-2.02	8.84
Return on Common Equity	1.63	4.3	-0.6	-2.37	8.56
Margin Analysis
Gross Profit Margin %	31.43	31.99	29.1	26.31	37.1
SG&A Margin	26.15	25.51	27.14	29.26	26.85
EBITDA Margin %	4.8	5.26	1.26	-4.5	10.36
EBITA Margin %	3.58	4.01	-0.39	-5.98	9.17
EBIT Margin %	3.58	4.01	-0.39	-5.98	9.17
Income From Continuing Operations Margin %	1.65	4.45	-0.31	-2.2	7.57
Net Income Margin %	1.56	4.27	-0.66	-2.52	7.12
Net Avail. For Common Margin %	1.56	4.27	-0.66	-2.52	7.12
Normalized Net Income Margin	2.89	3.84	0.82	-1.27	6.23
Levered Free Cash Flow Margin	-1.15	-2.29	-4.85	13.09	4.82
Unlevered Free Cash Flow Margin	-1.09	-2.21	-4.72	13.25	4.94
Asset Turnover
Asset Turnover	0.62	0.62	0.53	0.5	0.64
Fixed Assets Turnover	3.83	3.65	3.37	3.52	4.6
Receivables Turnover (Average Receivables)	3.75	3.78	2.86	2.75	3.88
Inventory Turnover (Average Inventory)	1.83	2.03	2.06	2.07	2.13
Short Term Liquidity
Current Ratio	2.15	2.43	2.58	2.28	2.3
Quick Ratio	1.38	1.74	1.88	1.73	1.61
Operating Cash Flow to Current Liabilities	0	-0.02	-0.08	0.19	0.15
Days Sales Outstanding (Average Receivables)	97.21	96.44	127.61	133.05	94.1
Days Outstanding Inventory (Average Inventory)	199.09	180.04	177.34	176.6	171.18
Average Days Payable Outstanding	108.08	106.74	75.81	97.34	69.78
Cash Conversion Cycle (Average Days)	188.21	169.74	229.14	212.3	195.5
Long Term Solvency
Total Debt/Equity	22.29	21.92	42.55	36.44	29.39
Total Debt / Total Capital	18.23	17.98	29.85	26.71	22.71
LT Debt/Equity	7.09	5.05	23.7	19.24	15.34
Long-Term Debt / Total Capital	5.8	4.14	16.63	14.1	11.86
Total Liabilities / Total Assets	40.49	34.97	44.89	46.32	44.34
EBIT / Interest Expense	41.2	34.31	-1.86	-23.54	46.58
EBITDA / Interest Expense	55.2	45	6	-17.73	52.62
(EBITDA - Capex) / Interest Expense	26.7	44.31	4	-19.58	50.35
Total Debt / EBITDA	4.49	4.23	37.98	-8.71	2.49
Net Debt / EBITDA	-6.22	-5.09	-20.83	9.18	-3.28
Total Debt / (EBITDA - Capex)	9.28	4.3	56.98	-7.89	2.6
Net Debt / (EBITDA - Capex)	-12.87	-5.17	-31.24	8.32	-3.43
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.77	-3.29	-9.8	2.01	28.96
Gross Profit, 1 Yr. Growth %	-32.09	-1.55	-17.95	-7.77	81.85
EBITDA, 1 Yr. Growth %	-74.82	5.98	-78.46	-465.87	-396.75
EBITA, 1 Yr. Growth %	-80.06	8.25	-108.74	1.47K	-297.88
EBIT, 1 Yr. Growth %	-80.06	8.25	-108.74	1.47K	-297.88
Earnings From Cont. Operations, 1 Yr. Growth %	-87.66	160.53	-106.26	625.81	-544
Net Income, 1 Yr. Growth %	-88.26	165.36	-113.89	290.91	-464.34
Normalized Net Income, 1 Yr. Growth %	-73.63	28.47	-80.7	-257.42	-733.11
Diluted EPS Before Extra, 1 Yr. Growth %	-88.3	168.88	-114.02	290.91	-467.98
Accounts Receivable, 1 Yr. Growth %	-22.53	19.81	18.97	-4.77	-12.5
Inventory, 1 Yr. Growth %	1.26	-27.6	20.57	-7.38	22.51
Net Property, Plant and Equip., 1 Yr. Growth %	6.6	-3.26	-1.67	-2.78	0.14
Total Assets, 1 Yr. Growth %	2.44	-7.06	17.51	0.51	1.57
Tangible Book Value, 1 Yr. Growth %	-0.26	1.48	-0.86	-2.64	4.39
Common Equity, 1 Yr. Growth %	-0.32	1.4	-0.93	-2.6	4.53
Cash From Operations, 1 Yr. Growth %	-99.09	-617.39	295.8	-383.65	-22.68
Capital Expenditures, 1 Yr. Growth %	-30.32	-96.84	366.67	14.29	22.92
Levered Free Cash Flow, 1 Yr. Growth %	-107.31	93.07	91.25	-375.49	-52.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-106.93	96.22	92.23	-386.56	-51.87
Dividend Per Share, 1 Yr. Growth %	-16.67	-20	0	0	50
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.45	-7.1	-6.6	-4.07	14.7
Gross Profit, 2 Yr. CAGR %	-3.04	-18.24	-10.12	-13.01	29.51
EBITDA, 2 Yr. CAGR %	-14.61	-48.34	-52.22	-11.23	229.5
EBITA, 2 Yr. CAGR %	-19.64	-53.54	-69.23	17.14	457.24
EBIT, 2 Yr. CAGR %	-19.64	-53.54	-69.23	17.14	457.24
Earnings From Cont. Operations, 2 Yr. CAGR %	-27.95	-43.31	-59.61	-32.58	467.68
Net Income, 2 Yr. CAGR %	-27.65	-44.19	-39.28	-26.3	277.39
Normalized Net Income, 2 Yr. CAGR %	-12.07	-41.8	-50.21	-44.88	215.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-27.76	-43.91	-38.6	-25.97	279.27
Accounts Receivable, 2 Yr. CAGR %	-18.56	-3.66	19.39	6.44	-8.72
Inventory, 2 Yr. CAGR %	11.56	-14.38	-6.57	5.68	6.52
Net Property, Plant and Equip., 2 Yr. CAGR %	8.4	1.55	-2.47	-2.22	-1.33
Total Assets, 2 Yr. CAGR %	5.06	-2.42	4.51	8.68	1.04
Tangible Book Value, 2 Yr. CAGR %	4.06	0.61	0.3	-1.75	0.81
Common Equity, 2 Yr. CAGR %	4.1	0.54	0.23	-1.77	0.9
Cash From Operations, 2 Yr. CAGR %	-79.34	-78.3	352.53	235.07	48.09
Capital Expenditures, 2 Yr. CAGR %	112.69	-85.17	-61.61	130.94	18.52
Levered Free Cash Flow, 2 Yr. CAGR %	-54.65	-62.44	92.16	129.54	14.39
Unlevered Free Cash Flow, 2 Yr. CAGR %	-55.95	-63.12	94.21	134.7	17.44
Dividend Per Share, 2 Yr. CAGR %	-8.71	-18.35	-10.56	0	22.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.07	1.8	-8.01	-3.81	5.87
Gross Profit, 3 Yr. CAGR %	-3.56	-2.54	-18.14	-9.35	11.23
EBITDA, 3 Yr. CAGR %	-30.76	-8.23	-61.41	-5.83	32.73
EBITA, 3 Yr. CAGR %	-35.66	-11.25	-73.37	14.1	39.51
EBIT, 3 Yr. CAGR %	-35.66	-11.25	-73.37	14.1	39.51
Earnings From Cont. Operations, 3 Yr. CAGR %	-39.99	10.59	-72.8	5.8	26.37
Net Income, 3 Yr. CAGR %	-40.9	11.57	-64.89	12.96	25.55
Normalized Net Income, 3 Yr. CAGR %	-27.2	-0.22	-59.72	-26.92	24.36
Diluted EPS Before Extra, 3 Yr. CAGR %	-40.96	11.95	-64.66	13.8	26.35
Accounts Receivable, 3 Yr. CAGR %	-15.14	-7.37	3.36	10.72	-0.29
Inventory, 3 Yr. CAGR %	23.98	-3.41	-4.03	-6.84	11.01
Net Property, Plant and Equip., 3 Yr. CAGR %	4.76	4.37	0.47	-2.57	-1.44
Total Assets, 3 Yr. CAGR %	4.91	0.86	3.81	3.16	6.26
Tangible Book Value, 3 Yr. CAGR %	1.74	3.19	0.12	-0.69	0.25
Common Equity, 3 Yr. CAGR %	1.77	3.2	0.05	-0.73	0.28
Cash From Operations, 3 Yr. CAGR %	-66.97	-39.56	-42.87	287.28	105.52
Capital Expenditures, 3 Yr. CAGR %	97.49	-47.72	-53.17	-44.78	87.16
Levered Free Cash Flow, 3 Yr. CAGR %	-40.31	-26.49	-35.39	116.68	35.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	-41.47	-27.52	-36.05	121.1	38.4
Dividend Per Share, 3 Yr. CAGR %	-5.9	-12.64	-12.64	-7.17	14.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-5.07	0.07	-2.65	-0.59	0.48
Gross Profit, 5 Yr. CAGR %	-8.47	-1.33	-6.24	-6.87	-1.65
EBITDA, 5 Yr. CAGR %	-26.2	-12.15	-40.31	-9.44	-9
EBITA, 5 Yr. CAGR %	-29.61	-14.84	-52.1	-0.83	-10.13
EBIT, 5 Yr. CAGR %	-29.61	-14.84	-52.1	-0.83	-10.13
Earnings From Cont. Operations, 5 Yr. CAGR %	-32.23	-2.54	-48.78	-9.27	-8.29
Net Income, 5 Yr. CAGR %	-32.89	-2.78	-40.25	-5.48	-9.22
Normalized Net Income, 5 Yr. CAGR %	-24.91	-5.97	-37.46	-21.31	-8.21
Diluted EPS Before Extra, 5 Yr. CAGR %	-32.93	-2.58	-40.02	-5.12	-8.69
Accounts Receivable, 5 Yr. CAGR %	-8.22	-3.51	-2.73	-2.08	-1.65
Inventory, 5 Yr. CAGR %	6.99	2.27	10.72	0.13	0.06
Net Property, Plant and Equip., 5 Yr. CAGR %	1.64	1.62	1.81	1.68	-0.26
Total Assets, 5 Yr. CAGR %	1.54	1.1	4.75	3.92	2.7
Tangible Book Value, 5 Yr. CAGR %	2.11	2.66	1.16	1.18	0.39
Common Equity, 5 Yr. CAGR %	2.12	2.66	1.15	1.18	0.39
Cash From Operations, 5 Yr. CAGR %	-25.17	-29.66	-5.89	19.91	-16.38
Capital Expenditures, 5 Yr. CAGR %	53.91	-22.41	2.57	-5.29	-32.11
Levered Free Cash Flow, 5 Yr. CAGR %	0.35	-16.35	-4.72	15.91	-18.8
Unlevered Free Cash Flow, 5 Yr. CAGR %	-2.44	-17.14	-5.43	15.97	-18.45
Dividend Per Share, 5 Yr. CAGR %	-17.4	-7.79	-7.79	-7.79	0