6484
KVK CORPORATION
株式会社KVK
Machinery
KVK Corporation, together with its subsidiaries, manufactures, processes, sells, and installs water faucets in Japan, China, and the Philippines. The company offers bathroom and kitchen faucets, as well as washstand faucets for hair and face washing; sink fixtures; pipe fittings and plumbing equipment; and other faucet parts. It also provides water supply and drainage fittings; and joints and piping components. KVK Corporation was founded in 1939 and is headquartered in Gifu, Japan.
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⚠ TSE Capital Mandate
P / Book
0.65×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥29.6B
¥29.8B
¥29.7B
¥28.0B
Cost of Sales
¥22.0B
¥22.3B
¥22.4B
¥20.4B
Gross Profit
¥7.6B
¥7.5B
¥7.3B
¥7.5B
SG&A
¥4.9B
¥4.9B
¥4.9B
¥5.1B
Operating Income
¥2.7B
¥2.5B
¥2.5B
¥2.4B
Non-Operating Income
¥563M
¥571M
¥306M
¥276M
Dividend Income
¥16M
¥15M
¥14M
¥10M
Interest Income
¥1M
¥0M
¥1M
¥1M
Non-Operating Expenses
¥151M
¥234M
¥141M
¥275M
Ordinary Income
¥3.1B
¥2.9B
¥2.6B
¥2.4B
Pre-tax Income
¥3.1B
¥2.8B
¥2.6B
¥2.4B
Income Taxes
¥959M
¥823M
¥837M
¥742M
Current Tax
¥941M
¥816M
¥817M
¥689M
Deferred Tax
¥18M
¥6M
¥20M
¥53M
Net Income (owners)
¥2.1B
¥2.0B
¥1.8B
¥1.7B
Comprehensive Income
¥1.8B
¥2.7B
¥1.8B
¥2.0B
EBITDA
¥3.7B
¥3.5B
¥3.3B
¥3.2B
EPS
¥264.03
¥248.76
¥223.37
¥209.60
Shares Outstanding
8.3M
8.3M
8.2M
8.2M
Shares Issued (total)
8.3M
8.3M
8.3M
8.3M
Treasury Shares
0.1M
0.1M
0.2M
0.2M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥36.3B
¥34.5B
¥36.2B
¥32.3B
Current Assets
¥20.8B
¥18.4B
¥21.0B
¥20.7B
Cash & Deposits
¥5.5B
¥2.8B
¥5.7B
¥6.1B
Trade Receivables
¥3.8B
¥3.9B
¥4.0B
¥3.7B
Non-Current Assets
¥15.5B
¥16.1B
¥15.1B
¥11.7B
PP&E
¥9.9B
¥10.0B
¥9.8B
¥6.9B
Intangible Assets
¥621M
¥327M
¥187M
¥183M
Investment Securities
¥1.7B
¥2.5B
¥2.0B
¥1.3B
Deferred Tax Assets
¥112M
¥44M
¥247M
¥271M
Total Liabilities
¥8.0B
¥7.5B
¥11.5B
¥9.1B
Current Liabilities
¥7.4B
¥6.8B
¥10.9B
¥8.5B
Accounts Payable
¥1.5B
¥1.6B
¥1.6B
¥1.7B
Taxes Payable
¥527M
¥392M
¥410M
¥251M
Non-Current Liabilities
¥573M
¥618M
¥565M
¥529M
Pension Obligations
¥63M
¥68M
¥72M
¥74M
Total Equity
¥28.3B
¥27.0B
¥24.7B
¥23.3B
Capital Stock
¥2.9B
¥2.9B
¥2.9B
¥2.9B
Capital Surplus
¥3.0B
¥3.0B
¥3.0B
¥3.0B
Retained Earnings
¥22.1B
¥20.5B
¥19.0B
¥17.7B
Treasury Stock
¥-495M
¥-552M
¥-693M
¥-705M
AOCI
¥879M
¥1.2B
¥463M
¥444M
Equity (owners)
¥27.4B
¥25.9B
¥24.2B
¥22.8B
Net Cash ⓘ
¥5.5B
¥2.8B
¥5.7B
¥6.1B
NCAV ⓘ
¥12.9B
¥10.9B
¥9.5B
¥11.6B
NCAV/Share
¥1,555
¥1,324
¥1,164
¥1,415
BV/Share
¥3,318
¥3,126
¥2,953
¥2,785
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥3.6B
¥616M
¥2.3B
¥1.2B
Interest Paid
¥-49M
¥-47M
¥-45M
¥-48M
Interest Received
¥18M
¥17M
¥18M
¥14M
D&A
¥1.0B
¥1.0B
¥821M
¥808M
Investing CF
¥-243M
¥-3.2B
¥-2.3B
¥-1.2B
CapEx
¥767M
¥3.2B
¥1.8B
¥761M
Purchase Investments
¥-613M
¥-615M
¥-577M
¥-386M
Proceeds from Invest.
¥1.4B
¥728M
—
—
Financing CF
¥-607M
¥-435M
¥-426M
¥-736M
Dividends Paid
¥-579M
¥-410M
¥-410M
¥-417M
Share Buybacks
—
—
¥-0M
¥-294M
Free Cash Flow
¥2.8B
¥-2.6B
¥497M
¥465M
Net Change in Cash
¥2.7B
¥-2.9B
¥-443M
¥-600M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
7.6%
7.7%
7.4%
7.5%
ROA
6.0%
5.6%
5.2%
5.2%
EPS
¥264.03
¥248.76
¥223.37
¥209.60
DPS
¥75.00
¥60.00
¥50.00
¥50.00
BPS
¥3,537.44
¥3,388.20
¥3,106.13
¥2,933.00
FCF/Share
¥338
¥-310
¥61
¥57
NCAV/Share
¥1,555
¥1,324
¥1,164
¥1,415
Payout Ratio
28.4%
24.1%
22.4%
23.9%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 1
Date Activist Stake Event Flag Demands Source
2024-12-26
Ichihara Masaki
7.09%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 5
#
Shareholder
Shares (thou.)
% of Total
1
有限会社北村興産
11,924
14.41%
2
KVK Business Partner Stock Ownership Plan
KVK取引先持株会
6,127
7.40%
3
株式会社十六銀行
3,629
4.38%
4
岐阜信用金庫
2,935
3.54%
5
北 村 博 志
2,895
3.49%
6
北 村 嘉 弘
2,855
3.45%
7
末 松 容 子
2,785
3.36%
8
元気なぎふ応援基金
2,695
3.25%
9
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
2,644
3.19%
10
KVK Employee Stock Ownership Plan
KVK従業員持株会
2,332
2.81%
Domestic Nominees
3.2%
-0.4% 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
46.1%
+0.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
限会社北村興産
13.81%
14.41%
14.41%
KVK Business Partner Stock Ownership Plan
KVK取引先持株会
6.50%
6.85%
7.40%
+0.55%
式会社十六銀行
4.88%
4.83%
4.38%
-0.45%
岐阜信用金庫
3.58%
3.54%
3.54%
北 村 博 志
3.53%
3.49%
3.49%
北 村 嘉 弘
3.48%
3.45%
3.45%
末 松 容 子
3.39%
3.36%
3.36%
元気なぎふ応援基金
3.28%
3.25%
3.25%
Japan Custody Bank
日本カストディ銀行
3.10%
3.62%
3.19%
-0.43%
KVK Employee Stock Ownership Plan
KVK従業員持株会
2.85%
2.86%
2.81%
-0.05%
Concentration (HHI)
ⓘ
334
358
358
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥248M
+7% since 2023
Holdings
5
+1 new
1 exited
Trend
3 building
vs 2023
Held Company
FY2025
¥248M total
FY2023
¥232M total
Book Val ¥M
Shares
Book Val ¥M
Shares
TAKARA STANDARD CO.,LTD.
タカラスタンダード(株)
138
+3.3%
↑
78,313
111
75,798
M
CK SAN-ETSU METALS Co.,Ltd.
(株)CKサンエツ
88
+2.9%
↑
23,098
98
22,453
M
Cleanup Co., Ltd.
クリナップ(株)
18
27,860
19
27,860
HASHIMOTO SOGYO HOLDINGS CO.,LTD.
橋本総業ホールディングス(株)
2
+99.8%
↑
2,072
1
1,037
CHOFU SEISAKUSHO CO.,LTD.
(株)長府製作所
2
NEW
New
1,000
—
CHOFU SEISAKUSHO CO.,LTD.
(株)長府製作所
—
−100%
Exit
—
2
1,000
Portfolio total
248
232
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding