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Kotobuki Spirits Co., Ltd.
寿スピリッツ株式会社
Foods
Kotobuki Spirits Co., Ltd. produces and sells sweets in Japan and internationally. It offers food and confectionary products, as well as operates as an insurance agent. The company was formerly known as Kotobuki Seika Co. Ltd. and changed its name to Kotobuki Spirits Co., Ltd. in October 2006. Kotobuki Spirits Co., Ltd. was incorporated in 1952 and is headquartered in Yonago, Japan.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥72.3B
¥64.0B
¥50.2B
¥32.2B
Cost of Sales
¥27.5B
¥24.2B
¥20.0B
¥14.6B
Gross Profit
¥44.8B
¥39.8B
¥30.1B
¥17.6B
SG&A
¥27.2B
¥24.0B
¥20.2B
¥16.2B
Operating Income
¥17.6B
¥15.8B
¥10.0B
¥1.4B
Non-Operating Income
¥98M
¥96M
¥356M
¥1.5B
Dividend Income
¥6M
¥6M
¥6M
¥4M
Interest Income
¥4M
¥2M
¥0M
¥0M
Non-Operating Expenses
¥22M
¥9M
¥12M
¥15M
Interest Expense
—
¥0M
¥1M
¥1M
Ordinary Income
¥17.7B
¥15.9B
¥10.3B
¥2.9B
Pre-tax Income
¥17.6B
¥15.7B
¥10.3B
¥2.9B
Income Taxes
¥5.5B
¥4.8B
¥3.3B
¥962M
Current Tax
¥5.6B
¥5.0B
¥3.4B
¥963M
Deferred Tax
¥-48M
¥-133M
¥-111M
¥-0M
Net Income (owners)
¥12.1B
¥10.8B
¥7.0B
¥1.9B
Minority Interest
¥0M
—
—
—
Comprehensive Income
¥12.1B
¥10.9B
¥7.1B
¥2.0B
EBITDA
¥19.1B
¥16.9B
¥11.1B
¥2.6B
EPS
¥78.00
¥69.61
¥225.52
¥61.56
Shares Outstanding
154.4M
155.6M
31.1M
31.1M
Shares Issued (total)
155.7M
155.6M
31.1M
31.1M
Treasury Shares
1.3M
0.0M
0.0M
0.0M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥52.0B
¥46.5B
¥37.0B
¥27.5B
Current Assets
¥37.6B
¥34.4B
¥25.7B
¥15.8B
Cash & Deposits
¥26.1B
¥23.7B
¥17.2B
¥9.9B
Non-Current Assets
¥14.3B
¥12.1B
¥11.2B
¥11.7B
PP&E
¥11.5B
¥9.5B
¥8.8B
¥9.2B
Intangible Assets
¥108M
¥83M
¥101M
¥142M
Investment Securities
¥211M
¥212M
¥154M
¥142M
Deferred Tax Assets
¥1.6B
¥1.6B
¥1.4B
¥1.4B
Total Liabilities
¥11.9B
¥11.3B
¥10.4B
¥7.1B
Current Liabilities
¥9.7B
¥8.8B
¥8.1B
¥4.6B
Accounts Payable
¥2.2B
¥1.7B
¥1.6B
¥923M
ST Debt
¥300M
—
¥140M
¥240M
Taxes Payable
¥3.3B
¥3.0B
¥2.8B
¥908M
Non-Current Liabilities
¥2.2B
¥2.5B
¥2.3B
¥2.5B
Total LT Borrowings
—
¥300M
¥300M
¥486M
Pension Obligations
¥1.9B
¥2.0B
¥1.8B
¥1.8B
Deferred Tax Liab.
¥8M
¥8M
¥8M
¥8M
Total Equity
¥40.1B
¥35.2B
¥26.5B
¥20.4B
Capital Stock
¥1.3B
¥1.2B
¥1.2B
¥1.2B
Capital Surplus
¥1.4B
¥1.3B
¥1.3B
¥1.3B
Retained Earnings
¥40.3B
¥32.5B
¥23.9B
¥17.8B
Treasury Stock
¥-3.0B
¥-6M
¥-5M
¥-4M
AOCI
¥182M
¥180M
¥127M
¥20M
Equity (owners)
¥39.9B
¥35.0B
¥26.4B
¥20.3B
Minority Interests
¥2M
—
—
—
Total Interest-Bearing Debt ⓘ
¥300M
¥300M
¥440M
¥726M
Net Cash ⓘ
¥25.8B
¥23.4B
¥16.7B
¥9.2B
NCAV ⓘ
¥25.8B
¥23.1B
¥15.3B
¥8.7B
NCAV/Share
¥167
¥149
¥492
¥279
BV/Share
¥258
¥225
¥848
¥654
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥13.2B
¥10.8B
¥9.1B
¥4.3B
Interest Paid
—
¥-0M
¥-1M
¥-1M
Interest Received
¥10M
¥7M
¥6M
¥4M
D&A
¥1.5B
¥1.2B
¥1.1B
¥1.2B
Investing CF
¥-3.4B
¥-2.0B
¥-1.6B
¥-527M
CapEx
¥3.1B
¥1.9B
¥560M
¥433M
Proceeds from Invest.
¥0M
—
¥1M
—
Financing CF
¥-7.4B
¥-2.3B
¥-1.2B
¥-1.2B
Dividends Paid
¥-4.4B
¥-2.2B
¥-934M
¥-934M
Share Buybacks
¥-3.0B
¥-1M
¥-1M
¥-0M
LT Debt Repaid
—
¥-140M
¥-286M
¥-240M
Free Cash Flow
¥10.1B
¥9.0B
¥8.5B
¥3.9B
Net Change in Cash
¥2.4B
¥6.5B
¥6.2B
¥2.6B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
32.2%
35.1%
29.9%
9.7%
ROA
24.6%
26.0%
21.8%
7.0%
EPS
¥78.00
¥69.61
¥225.52
¥61.56
DPS
¥32.00
¥28.00
¥70.00
¥30.00
BPS
¥259.67
¥226.38
¥852.13
¥654.15
FCF/Share
¥65
¥58
¥274
¥124
NCAV/Share
¥167
¥149
¥492
¥279
Payout Ratio
41.0%
40.2%
31.0%
48.7%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 17
Date Activist Stake Event Flag Demands Source
2026-04-22
Capital Research and Management Company
8.49%
-0.43%
change
Passive
—
2026-04-07
Capital Research and Management Company
8.54%
change
Passive
—
2026-04-07
Capital Research and Management Company
8.92%
+0.38%
correction
Passive
—
2026-03-06
Seigo Kawagoe
29.24%
change
Passive
—
2026-02-20
Seigo Kawagoe
29.24%
change
Passive
—
2026-01-22
Capital Research and Management Company
8.92%
+0.33%
change
Passive
—
2025-08-07
Capital Research and Management Company
8.59%
-1.18%
change
Passive
—
2025-04-07
Capital Research and Management Company
9.77%
+0.05%
change
Passive
—
2025-03-17
Capital Research and Management Company
9.72%
-0.33%
change
Passive
—
2025-01-24
Capital Research and Management Company
10.05%
+0.27%
change
Passive
—
2024-12-23
Seigo Kawagoe
29.24%
change
Passive
—
2024-12-20
Capital Research and Management Company
9.78%
+0.36%
change
Passive
—
2024-09-06
Capital Research and Management Company
9.42%
+1.45%
change
Passive
—
2024-08-07
Capital Research and Management Company
7.97%
+1.24%
change
Passive
—
2024-07-05
Capital Research and Management Company
6.73%
+1.56%
change
Passive
—
2024-04-22
Capital Research and Management Company
5.17%
initial_5pct
Passive
—
2024-03-22
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
4.19%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
エスカワゴエ株式会社
45,500
29.48%
2
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
17,829
11.55%
3
STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部)
12,470
8.08%
4
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
4,463
2.89%
5
The San-in Godo Bank,Ltd.
株式会社山陰合同銀行
3,657
2.37%
6
INDUS SELECT MASTER FUND,LTD.
INDUS SELECT MASTER FUND,LTD.(常任代理人 香港上海銀行東京支店)
2,637
1.71%
7
とりぎんリース株式会社
2,234
1.45%
8
Employee Stock Ownership Plan
寿スピリッツ従業員持株会
2,143
1.39%
9
The Shoko Chukin Bank,Ltd.
株式会社商工組合中央金庫
1,800
1.17%
10
FUKUYAMA TRANSPORTING CO., LTD.
福山通運株式会社
1,800
1.17%
Domestic Nominees
14.4%
+1.9% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
46.8%
+2.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
エスカワゴエ
29.24%
29.24%
29.48%
+0.24%
Japan Master Trust Bank
日本マスタートラスト信託銀行
10.97%
8.94%
11.55%
+2.61%
STATE STREET BANK AND TRUST COMPANY 505001
NEW ENTRY
—
—
—
8.08%
NEW
Japan Custody Bank
日本カストディ銀行
6.92%
3.64%
2.89%
-0.75%
The San-in Godo Bank,Ltd.
式会社山陰合同銀行
2.89%
2.89%
2.37%
-0.52%
INDUS SELECT MASTER FUND,LTD.
INDUS SELECT MASTER FUND,LTD.
1.38%
1.46%
1.71%
+0.25%
とりぎんリース
2.27%
2.25%
1.45%
-0.80%
Employee Stock Ownership Plan
寿スピリッツ従業員持株会
1.80%
1.61%
1.39%
-0.22%
The Shoko Chukin Bank,Ltd.
式会社商工組合中央金庫
1.16%
1.16%
1.17%
+0.01%
FUKUYAMA TRANSPORTING CO., LTD.
福山通運
1.16%
1.16%
1.17%
+0.01%
SSBTC CLIENT OMNIBUS ACCOUNT
SSBTC CLIENT OMNIBUS ACCOUNT
last seen 2024
Exited Top 10
1.66%
4.64%
—
Concentration (HHI)
ⓘ
1047
991
1091
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥176M
+52% since 2023
Holdings
3
Trend
Stable
vs 2023
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding