6971
KYOCERA CORPORATION
京セラ株式会社
Industrials · Conglomerates
Kyocera Corporation develops and sells products based on fine ceramic technologies in Japan, China, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to semiconductor, industrial machinery, automotive, and information and communication-related markets; optical components; jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants. The Electronic Components Business segment provides sensors and control components; and various electronic components and devices, including capacitors, crystal devices, connectors, and power semiconductor devices for diverse fields comprising information and communications, industrial equipment, automotive, and consumer-related markets. The Solutions Business segment offers cutting tools, as well as pneumatic and power tools for automotive-related and general industrial, and construction markets; printers for commercial and industrial uses; and communication terminals, such as mobile phones, as well as solution services, ICT solution, and engineering services; also provides MFPs, commercial inkjet printers, communication modules, displays, and printing devices, as well as smart energy-related products and services, and solution services, such as document management system. The company was formerly known as Kyoto Ceramic Kabushiki Kaisha and changed its name to Kyocera Corporation in 1982. Kyocera Corporation was incorporated in 1946 and is headquartered in Kyoto, Japan.
Price
¥3,483
Market Cap
¥4.9T
Ent. Value
¥4.7T
Net Cash
¥210.8B
Shares Out.
1.4B
P / E
33.9×
EV / EBIT
39.7×
P / Book
1.37×
P / NCAV
22.08×
Div. Yield
0.72%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥2,070.2B | ¥2,070.2B | ¥2,004.2B | ¥2,025.3B | ¥1,838.9B |
| Cost of Sales | ¥1,462.6B | ¥1,462.6B | ¥1,451.1B | ¥1,460.4B | ¥1,325.3B |
| Gross Profit | ¥607.6B | ¥607.6B | ¥553.1B | ¥564.9B | ¥513.6B |
| SG&A | ¥489.5B | ¥489.5B | ¥460.2B | ¥436.4B | ¥364.7B |
| Operating Income | ¥118.1B | ¥118.1B | ¥92.9B | ¥128.5B | ¥148.9B |
| Non-Operating Income | — | ¥60.8B | ¥60.8B | ¥52.3B | ¥45.2B |
| Non-Operating Expenses | — | ¥27.7B | ¥18.8B | ¥3.6B | ¥2.8B |
| Ordinary Income | ¥169.0B | ¥63.6B | — | — | — |
| Pre-tax Income | ¥169.0B | ¥169.0B | ¥136.1B | ¥176.2B | ¥198.9B |
| Net Income (owners) | ¥141.0B | ¥141.0B | ¥101.1B | ¥128.0B | ¥148.4B |
| Minority Interest | — | ¥3.4B | ¥3.8B | ¥3.0B | ¥3.6B |
| Comprehensive Income | — | ¥65.9B | ¥327.7B | ¥227.2B | ¥370.6B |
| EBITDA | ¥276.3B | ¥276.3B | ¥249.9B | ¥278.1B | ¥277.9B |
| EPS | ¥102.70 | ¥102.70 | — | — | — |
| Shares Outstanding | — | 1.41B | 1.41B | 358.9M | 358.9M |
| Shares Issued (total) | — | 1.51B | 1.51B | 377.6M | 377.6M |
| Treasury Shares | — | 101.7M | 101.8M | 18.7M | 18.7M |
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥4,646.3B | ¥4,646.3B | ¥4,465.4B | ¥4,093.9B | ¥3,917.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥1,501.2B | ¥1,501.2B | ¥1,439.4B | ¥1,357.3B | ¥1,329.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥455.9B | ¥455.9B | ¥424.8B | ¥373.5B | ¥414.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥3,145.2B | ¥3,145.2B | ¥3,026.0B | ¥2,736.6B | ¥2,588.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥685.5B | ¥685.5B | ¥666.0B | ¥587.5B | ¥512.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥282.2B | ¥282.9B | ¥271.2B | ¥263.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥142.1B | ¥152.2B | ¥147.8B | ¥149.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥43.9B | ¥50.8B | ¥39.8B | ¥36.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥1,278.9B | ¥1,278.9B | ¥1,212.5B | ¥1,045.1B | ¥1,019.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥525.0B | ¥525.0B | ¥470.2B | ¥461.1B | ¥539.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥56.1B | ¥56.1B | ¥9.4B | ¥29.1B | ¥79.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥753.9B | ¥753.9B | ¥742.3B | ¥584.0B | ¥479.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥189.0B | ¥189.0B | ¥199.8B | ¥107.7B | ¥17.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | — | ¥468.8B | ¥441.3B | ¥394.0B | ¥384.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥3,367.4B | ¥3,367.4B | ¥3,252.9B | ¥3,048.8B | ¥2,898.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥118.8B | ¥118.8B | ¥119.1B | ¥122.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥2,215.9B | ¥2,215.9B | ¥1,967.5B | ¥1,912.4B | ¥1,846.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-143.0B | ¥-143.1B | ¥-93.2B | ¥-93.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥1,183.8B | ¥1,166.8B | ¥969.8B | ¥880.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥3,339.4B | ¥3,339.4B | ¥3,225.6B | ¥3,023.8B | ¥2,871.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥25.4B | ¥27.3B | ¥25.1B | ¥26.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥245.0B | ¥245.0B | ¥209.2B | ¥136.8B | ¥96.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥210.8B | ¥210.8B | ¥215.6B | ¥236.7B | ¥317.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥222.2B | ¥222.2B | ¥226.8B | ¥312.2B | ¥310.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥158 | ¥161 | ¥870 | ¥864 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥2,370 | ¥2,290 | ¥8,425 | ¥8,001 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥226.2B | ¥226.2B | ¥269.1B | ¥179.2B | ¥202.0B |
| D&A | ¥158.2B | ¥158.2B | ¥156.9B | ¥149.6B | ¥129.0B |
| Investing CF | ¥74.5B | ¥74.5B | ¥-158.4B | ¥-168.8B | ¥-79.5B |
| CapEx | ¥159.2B | ¥159.2B | ¥147.7B | ¥176.6B | ¥134.5B |
| Financing CF | ¥-312.0B | ¥-312.0B | ¥-82.6B | ¥-61.3B | ¥-111.5B |
| Free Cash Flow | ¥67.1B | ¥67.1B | ¥121.4B | ¥2.6B | ¥67.5B |
| Net Change in Cash | — | ¥20.0B | ¥51.3B | ¥-40.6B | ¥27.4B |
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 4.2% | 4.3% | 3.2% | 4.3% | 5.1% |
| ROA | 3.0% | 3.1% | 2.4% | 3.2% | 3.8% |
| EPS | ¥102.70 | ¥102.70 | — | — | — |
| DPS | ¥25.00 | ¥25.00 | ¥125.00 | ¥200.00 | ¥180.00 |
| BPS | ¥2,534.85 | ¥2,534.85 | — | — | — |
| FCF/Share | — | ¥48 | ¥86 | ¥7 | ¥188 |
| NCAV/Share | — | ¥158 | ¥161 | ¥870 | ¥864 |
| Payout Ratio | 24.3% | 24.3% | — | — | — |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 11
Capital Allocation Signals 3
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
16:00
|
TOB | ¥125.0B ¥2325.0/sh 1.4% | Kyocera has decided to tender 53,763,400 KDDI ordinary shares (1.41% of KDDI outstanding shares) into KDDI's public shar… | |
|
Summary
Kyocera has decided to tender 53,763,400 KDDI ordinary shares (1.41% of KDDI outstanding shares) into KDDI's public share buyback offer at ¥2,325 per share, generating approximately ¥125.0 billion in proceeds. This partial sale reduces KYOCERA KDDI ownership from 14.77% to 13.35% while maintaining its major shareholder status; the transaction supports KYOCERA capital policy and ongoing strategic Corporation with KDDI in telecom infrastructure and renewable energy.
Deadline: 2026-06-09
% of Shares: 1.4%
Shares: 53,763,400
Source (JP)
当社が所有する KDDI の下記普通株式を本公開買付けに応募します。普通株式 53,763,400 株、買付価格 1 株につき 2,325 円、売却予定総額 124,999,905,000 円
KDDI株式会社による自己株式の公開買付けへの応募に関するお知らせ
TDnet PDF
|
||||
|
2026-04-30
15:30
|
Cancellation | — | 91,373,500 treasury shares to be cancelled. | |
|
Summary
91,373,500 treasury shares to be cancelled.
Shares: 91,373,500
Source (JP)
する株式の種類
普通株式
(2)消却する株式の総数
91,373,500 株
(3)消却予定日
2026 年 5 月 29 日
(消却前の発行済株式総数に対する割合 6.05%)
(ご参考)消却後の自己株式の保有状況
発行済株式総数
自己株式数
1,419,1
自己株式の消却に関するお知らせ
TDnet PDF
|
||||
|
2026-04-30
15:30
|
Div Increase | ¥35.6B ¥27.0/sh +8% | Kyocera announced an increase in FY2026 March period year-end dividend from previously forecasted 25 yen to 27 yen per s… | |
|
Summary
Kyocera announced an increase in FY2026 March period year-end dividend from previously forecasted 25 yen to 27 yen per share, totaling 35.57 billion yen, driven by stronger-than-expected earnings (102.70 yen vs 86.47 yen forecast). The company simultaneously shifted its dividend policy from 50% payout ratio to a DOE (Dividend on Equity) framework of 3.5% with progressive dividend commitment, targeting more stable and sustainable distributions.
Deadline: 2026-06-26
YoY: +8%
Source (JP)
2026年3月期の期末配当金につきましても、当社の配当方針「連結配当性向50%程度」に沿う水準とするため、当該予想の「1株当たり配当金25円」から、「1株当たり配当金27円」へと増配させていただきます。
剰余金の配当及び配当方針の変更に関するお知らせ
TDnet PDF
|
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行㈱ (信託口)
|
309,334 | 21.96% |
| 2 |
Japan Custody Bank
㈱日本カストディ銀行(信託口)
|
124,846 | 8.86% |
| 3 |
The Bank of Kyoto
㈱京都銀行
|
57,745 | 4.10% |
| 4 |
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 ㈱みずほ銀行)
|
53,757 | 3.82% |
| 5 | 公益財団法人稲盛財団 | 37,440 | 2.66% |
| 6 |
STATE STREET BANK WEST CLIENT - TREATY
STATE STREET BANK WEST CLIENT - TREATY 505234 (常任代理人 ㈱みずほ銀行)
|
27,032 | 1.92% |
| 7 | 京セラ自社株投資会 | 24,172 | 1.72% |
| 8 |
MUFG Bank
㈱三菱UFJ銀行
|
18,388 | 1.31% |
| 9 |
HSBC HONG KONG - TREASURY SERVICES A/C ASIAN EQUITIES DERIVATIVES
HSBC HONG KONG - TREASURY SERVICES A/C ASIAN EQUITIES DERIVATIVES (常任代理人 香港上海銀行)
|
17,759 | 1.26% |
| 10 | 第一生命保険㈱ | 16,816 | 1.19% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
30.8%
-0.8% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
5.7%
-0.7% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
12.2%
+0.9% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 48.8% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 日本マスタートラスト信託銀行 | 22.51% | 22.62% | 21.96% -0.66% | |
| Japan Custody Bank 日本カストディ銀行 | 9.24% | 9.00% | 8.86% -0.14% | |
| State Street | 4.52% | 4.88% | 5.74% +0.86% | |
| The Bank of Kyoto ㈱京都銀行 | 4.02% | 4.10% | 4.10% | |
| 公益財団法人稲盛財団 | 2.61% | 2.66% | 2.66% | |
| 京セラ自社株投資会 | 1.88% | 1.68% | 1.72% +0.04% | |
| MUFG Bank 三菱UFJ銀行 | 1.41% | 1.44% | 1.31% -0.13% | |
| HSBC HONG KONG - TREASURY SERVICES A/C ASIAN EQUITIES DERIVATIVES | — | 1.43% | 1.26% -0.17% | |
| 第一生命保険 NEW ENTRY | — | — | — | 1.19% NEW |
| JP Morgan last seen 2024 | Exited Top 10 | — | 1.54% | — |
| 金澤 しのぶ last seen 2023 | Exited Top 10 | 1.46% | — | — |
| 稲盛 瑞穂 last seen 2023 | Exited Top 10 | 1.46% | — | — |
| Concentration (HHI) ⓘ | 645 | 650 | 625 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,621,417M
+12% since 2023
Holdings
9
+3 new
15 exited
Trend
1 unwinding
vs 2023
| Held Company | FY2025 ¥1,621,417M total | FY2023 ¥1,448,294M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
KDDI CORPORATION
KDDI㈱ (注)1
|
1,581,318 |
NEW
New
335,096,000
|
— | ||
|
Japan Airlines Co., Ltd.
日本航空㈱
|
19,528 |
7,638,400
|
19,722 | 7,638,400 | |
|
Kyoto Financial Group, Inc.
㈱京都フィナンシャルグループ
|
14,527 |
NEW
New
6,384,236
|
— | M | |
| SPCG Public Company Limited | 2,040 |
63,500,000
|
3,426 | 63,500,000 | |
|
NIDEC CORPORATION
ニデック㈱
|
1,902 |
NEW
New
763,400
|
— | M | |
|
ROHM COMPANY LIMITED
ローム㈱
|
1,486 |
+300.0%
↑
1,040,000
|
2,852 | 260,000 | M |
|
NAKAYAMAFUKU CO.,LTD.
中山福㈱
|
356 |
+0.4%
↑
928,396
|
315 | 924,305 | |
|
Naito&Co.,Ltd.
㈱NaITO
|
260 |
-32.5%
↓
2,080,000
|
465 | 3,080,000 | |
|
Kyushu Financial Group,Inc.
㈱九州フィナンシャルグループ
|
— | — | M | ||
|
DAIKIN INDUSTRIES, LTD.
ダイキン工業㈱
|
— |
−100%
Exit
—
|
26,768 | 1,131,600 | M |
|
Murata Manufacturing Co.
㈱村田製作所
|
— |
−100%
Exit
—
|
5,832 | 725,400 | M |
|
Daiwa Securities Group Inc.
㈱大和証券グループ本社
|
— |
−100%
Exit
—
|
1,336 | 2,151,366 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
— |
−100%
Exit
—
|
1,336 | 1,576,060 | M |
|
WACOAL HOLDINGS CORP.
㈱ワコールホールディングス
|
— |
−100%
Exit
—
|
1,190 | 478,500 | M |
|
TOKYO SEIMITSU CO., LTD.
㈱東京精密
|
— |
−100%
Exit
—
|
282 | 55,000 | M |
|
Shinko Shoji Co.,Ltd.
新光商事㈱
|
— |
−100%
Exit
—
|
294 | 240,000 | M |
|
KDDI CORPORATION
KDDI㈱
|
— |
−100%
Exit
—
|
1,371,548 | 335,096,000 | |
|
The Bank of Kyoto
㈱京都銀行
|
— |
−100%
Exit
—
|
9,975 | 1,596,059 | M |
| 日本電産㈱ (注)1 | — |
−100%
Exit
—
|
2,613 | 381,700 | M |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
— |
−100%
Exit
—
|
139 | 26,318 | M |
| Transphorm, Inc. | — |
−100%
Exit
—
|
115 | 215,220 | |
| AERWINDS Technologies Inc. | — |
−100%
Exit
—
|
57 | 453,694 | |
|
YONDOSHI HOLDINGS INC.
㈱ヨンドシーホールディングス
|
— |
−100%
Exit
—
|
25 | 13,956 | |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
— |
−100%
Exit
—
|
4 | 2,000 | M |
| Portfolio total | 1,621,417 | 1,448,294 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding