Kurimoto,Ltd.

5602 株式会社栗本鐵工所

Steel · Prime · TSE: Disclosed

PRICE: ¥1,395 · MKT CAP: ¥84.8B · P/E: 12.2x · P/B: 0.96x · DIV YIELD: 4.1%

PRICE — 5Y

Characteristics & Business Summary

Kurimoto,Ltd. manufactures and sells ductile iron pipes and accessories, valves, and industrial and construction materials in Japan and internationally. It operates through Lifeline Business, Machinery Systems Business, and Industrial Construction Materials...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	116,596	105,954	124,827	125,925	126,669
Operating Profit	4,673	4,172	6,840	7,460	7,930
Ordinary Profit	4,583	4,179	6,868	7,816	8,477
Net Profit	3,174	2,917	4,727	5,470	6,905
EPS	¥260	¥239	¥386	¥450	¥568
DPS	¥70	¥70	¥90	¥170	¥285

Balance Sheet & Valuation Highlights

Total Assets ¥152B

Net Assets (Equity) ¥89B

Equity Ratio 57.9%

ROE (Return on Equity) 9.2%

Cash & Equivalents ¥16B

Interest-Bearing Debt ¥19B

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥3B

Major Shareholders

1. Japan Master Trust Bank 11.1%
2. Taiyo Life Insurance 8.9%
3. Japan Custody Bank 5.6%
4. Nippon Life Insurance 5.6%
5. CEPLUX-THE INDEPENDENT UCITS PLATFORM 2 5.1%
6. Resona Bank 3.6%
7. Mizuho Bank 3.0%
8. Employee Stock Ownership Plan 2.4%
9. IWATANI CORPORATION 2.4%
10. BNYMSANV RE BNYMIL RE WS ZENNOR JAPAN EQUITY INCOME FUND(常任代理人株式会社三菱UFJ銀行） 1.7%

Activist Activity

TAIYO LIFE INSURANCE COMPANY 7.97%

2026-03-19 · change

Sumitomo Mitsui DS Asset Management Company, Limited 6.54%

2026-03-06 · change

Sumitomo Mitsui DS Asset Management Company, Limited 5.28%

2025-12-22 · initial_5pct

Zennor Asset Management LLP 4.6%

2025-07-15 · change

Mizuho Bank, Ltd. 6.4%

2025-01-22 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥9,543	¥8,672	¥10,188	¥10,361	¥10,423
FCF/Share	¥483	¥230	¥413	¥846	¥-192
EPS	¥260	¥239	¥386	¥450	¥568
DPS	¥70	¥70	¥90	¥170	¥285
Capital Spending per share	¥0	¥0	¥0	¥0	¥0
Book Value per share	¥5,015	¥5,180	¥5,477	¥5,852	¥6,197
Common Shares Outstanding	12M	12M	12M	12M	12M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥117B	¥106B	¥125B	¥126B	¥127B
Operating Margin (%)	4.0%	3.9%	5.5%	5.9%	6.3%
Net Profit (owners)	¥3B	¥3B	¥5B	¥5B	¥7B
Net Profit Margin (%)	2.7%	2.8%	3.8%	4.3%	5.5%
Working Capital	¥13B	¥17B	¥21B	¥27B	¥30B
Total Debt (Interest-bearing)	¥23B	¥24B	¥21B	¥14B	¥19B
Net Worth (Common Equity)	¥61B	¥63B	¥67B	¥71B	¥75B
Return on Total Assets (ROA)	2.4%	2.1%	3.3%	3.6%	4.6%
Return on Common Equity (ROE)	5.2%	4.6%	7.0%	7.7%	9.2%

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.