Kuroda Group Co., Ltd.

287A 黒田グループ株式会社

Conglomerates · TSE · TSE: Disclosed

PRICE: ¥1,006 · MKT CAP: ¥42.7B · P/E: 12.1x · P/B: 1.04x · DIV YIELD: 6.0%

PRICE — 5Y

Characteristics & Business Summary

Kuroda Group Co., Ltd. manufactures and sells goods and materials for data storage, automotive, and electronics industries in Japan and internationally. It offers oriented film printing plates for liquid crystal displays; materials for electric facilities...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2024	FY 2025	Forecast
Net Sales	121,327	122,796	125,000
Operating Profit	5,928	6,538	7,000
Ordinary Profit	—	5,986	—
Net Profit	3,914	3,521	4,100
EPS	¥92	¥83	—
DPS	¥60	¥30	¥63

Balance Sheet & Valuation Highlights

Total Assets ¥98B

Net Assets (Equity) ¥42B

Equity Ratio 42.0%

ROE (Return on Equity) 8.6%

Cash & Equivalents ¥17B

Interest-Bearing Debt ¥27B

Capital Expenditure (CapEx) ¥4B

Depreciation & Amort. ¥2B

Major Shareholders

1. ケイエム・ツー・エルピー（常任代理人みずほ証券株式会社） 67.1%
2. Nomura Securities Co., Ltd. 1.3%
3. Morgan Stanley 1.1%
4. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 1.1%
5. ヨシダトモヒロ 1.0%
6. ＮＯＭＵＲＡＰＢＮＯＭＩＮＥＥＳＬＩＭＩＴＥＤＯＭＮＩＢＵＳ－ＭＡＲＧＩＮ（ＣＡＳＨＰＢ）（常任代理人野村證券株式会社） 0.9%
7. Ueda Yagi Tanshi Co., Ltd. 0.8%
8. BNY Mellon (Nominee) 0.7%
9. 松田素幸 0.6%
10. 坂本如矢 0.5%

Activist Activity

KM2, L.P. 0.0%

2025-08-22 · exit

KM2, L.P. 8.31%

2025-07-24 · change

KM2, L.P. 63.74%

2025-07-11 · change

KM2, L.P. 61.16%

2025-01-21 · change

KM2, L.P. 65.07%

2025-01-09 · correction

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2024	FY 2025	Forecast
Revenues per share	¥2,858	¥2,893	—
FCF/Share	¥82	¥134	—
EPS	¥92	¥83	—
DPS	¥60	¥30	¥63
Capital Spending per share	¥83	¥94	—
Book Value per share	¥905	¥969	—
Common Shares Outstanding	42M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥121B	¥123B	¥125B
Operating Margin (%)	4.9%	5.3%	5.6%
Net Profit (owners)	¥4B	¥4B	¥4B
Net Profit Margin (%)	3.2%	2.9%	3.3%
Working Capital	¥-0B	¥-0B	—
Total Debt (Interest-bearing)	¥28B	¥27B	—
Net Worth (Common Equity)	¥38B	¥41B	—
Return on Total Assets (ROA)	4.1%	3.6%	—
Return on Common Equity (ROE)	10.2%	8.6%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.