7226
KYOKUTO KAIHATSU KOGYO CO.,LTD.
極東開発工業株式会社
Transportation Equipments
Kyokuto Kaihatsu Kogyo Co.,Ltd. manufactures and sells special purpose vehicles, environmental equipment and systems, and car parking systems in Japan. The company offers vehicles for the construction sector, including dump, sprinkler, and concrete mixer trucks; piston type, squeeze type, stationary, high pressure and large capacity piston concrete pumps; and stationary mortar pumps. It also provides vehicles for the logistics and environmental sectors, such as tailgate lifters; tank, single car carrier, press refuse, mechanical/hydraulic operation refuse, heavy duty refuse, and container carrier trucks; and steel cargo bodies. In addition, the company offers environmental equipment and systems comprising pulverizers for crushing domestic and industrial wastes; and reuse, derived, and fuel (RDF) system, a solid fuel made from flammable garbage used as heat energy for hot-water supply, heating and cooling, and power generation. Further, it provides multistory car parking systems, including loading and unloading pit type, loading and unloading transverse pit type, and loading and unloading transverse ground type parking systems. Further, the company provides multistory parking systems, such as loading and unloading pit type, loading and unloading transverse pit type, and loading and unloading transverse ground type parking systems; and real estate rental services. The company was formerly known as Kyokuto Kaihatsu Kikai Kogyo Co., Ltd. and changed its name to Kyokuto Kaihatsu Kogyo Co.,Ltd. in April 1971. Kyokuto Kaihatsu Kogyo Co.,Ltd. was incorporated in 1955 and is headquartered in Osaka, Japan.
Price
¥2,200
Market Cap
¥84.5B
Ent. Value
¥93.8B
Net Debt
−¥9.3B
Shares Out.
38.4M
P / E
14.5×
EV / EBIT
0.6×
P / Book
0.73×
P / NCAV
3.19×
Div. Yield
7.18%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥168.0B | ¥140.4B | ¥128.0B | ¥113.1B | ¥116.9B |
| Cost of Sales | — | ¥115.7B | ¥107.3B | ¥97.1B | ¥95.7B |
| Gross Profit | — | ¥24.8B | ¥20.7B | ¥16.0B | ¥21.2B |
| SG&A | — | ¥18.1B | ¥15.9B | ¥15.0B | ¥14.2B |
| Operating Income | ¥168.0B | ¥6.7B | ¥4.8B | ¥991M | ¥7.0B |
| Non-Operating Income | — | ¥763M | ¥1.0B | ¥562M | ¥718M |
| Non-Operating Expenses | — | ¥528M | ¥217M | ¥366M | ¥125M |
| Interest Expense | — | ¥181M | ¥63M | ¥42M | ¥41M |
| Ordinary Income | ¥168.0B | ¥6.9B | ¥5.6B | ¥1.2B | ¥7.6B |
| Pre-tax Income | — | ¥8.8B | ¥5.3B | ¥5.3B | ¥20.7B |
| Income Taxes | — | ¥2.9B | ¥1.7B | ¥1.6B | ¥6.4B |
| Current Tax | — | ¥3.0B | ¥1.4B | ¥2.6B | ¥2.8B |
| Deferred Tax | — | ¥-148M | ¥269M | ¥-994M | ¥3.6B |
| Net Income (owners) | ¥1M | ¥5.8B | ¥3.5B | ¥3.6B | ¥14.3B |
| Minority Interest | — | ¥47M | ¥124M | ¥88M | ¥-8M |
| Comprehensive Income | — | ¥4.1B | ¥7.7B | ¥3.5B | ¥14.1B |
| EBITDA | — | ¥10.9B | ¥8.0B | ¥4.0B | ¥10.0B |
| Goodwill Amort. (J-GAAP) | — | ¥284M | ¥97M | ¥94M | ¥84M |
| EPS | — | ¥151.74 | ¥91.49 | ¥90.91 | ¥358.35 |
| Shares Outstanding | — | 38.4M | 38.3M | 38.3M | 40.0M |
| Shares Issued (total) | — | 40.1M | 40.1M | 40.1M | 42.7M |
| Treasury Shares | — | 1.7M | 1.8M | 1.8M | 2.8M |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | — | ¥187.7B | ¥170.4B | ¥158.2B | ¥154.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | — | ¥96.9B | ¥91.4B | ¥93.5B | ¥96.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | — | ¥20.3B | ¥15.7B | ¥19.3B | ¥25.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | — | ¥28.2B | ¥28.3B | ¥22.1B | ¥23.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | — | ¥90.8B | ¥79.0B | ¥64.7B | ¥58.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | — | ¥61.6B | ¥56.8B | ¥48.2B | ¥39.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥7.6B | ¥661M | ¥684M | ¥770M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | — | ¥11.0B | ¥2.2B | ¥2.3B | ¥2.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | — | ¥15.4B | ¥17.1B | ¥12.5B | ¥14.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥371M | ¥343M | ¥342M | ¥280M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | — | ¥70.5B | ¥52.7B | ¥46.2B | ¥41.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | — | ¥52.0B | ¥34.4B | ¥29.8B | ¥33.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | — | ¥13.7B | ¥9.1B | ¥9.6B | ¥14.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | — | ¥19.1B | ¥1.7B | ¥927M | ¥992M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | — | ¥2.7B | ¥733M | ¥1.5B | ¥1.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | — | ¥18.5B | ¥18.3B | ¥16.4B | ¥7.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | — | ¥10.4B | ¥10.1B | ¥10.1B | ¥241M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | — | ¥53M | ¥40M | ¥98M | ¥186M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | — | ¥6.2B | ¥6.8B | ¥4.8B | ¥5.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | — | ¥117.3B | ¥117.7B | ¥112.0B | ¥113.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | — | ¥11.9B | ¥11.9B | ¥11.9B | ¥11.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥11.9B | ¥11.8B | ¥11.7B | ¥11.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | — | ¥87.5B | ¥86.7B | ¥85.4B | ¥86.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-1.7B | ¥-1.8B | ¥-1.8B | ¥-2.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥6.6B | ¥8.5B | ¥4.4B | ¥4.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | — | ¥109.5B | ¥108.5B | ¥107.1B | ¥108.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥1.2B | ¥652M | ¥426M | ¥324M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | — | ¥29.5B | ¥11.8B | ¥11.1B | ¥1.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | — | ¥-9.3B | ¥3.9B | ¥8.3B | ¥24.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | — | ¥26.5B | ¥38.7B | ¥47.3B | ¥54.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥689 | ¥1,008 | ¥1,234 | ¥1,375 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥2,850 | ¥2,831 | ¥2,796 | ¥2,706 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | — | ¥5.2B | ¥-1.8B | ¥-3.4B | ¥6.9B |
| Interest Paid | — | ¥-187M | ¥-64M | ¥-42M | ¥-41M |
| Interest Received | — | ¥518M | ¥405M | ¥400M | ¥349M |
| D&A | — | ¥4.0B | ¥3.1B | ¥2.9B | ¥2.9B |
| Goodwill Amort. | — | ¥284M | ¥97M | ¥94M | ¥84M |
| Investing CF | — | ¥-15.5B | ¥-9.5B | ¥-6.8B | ¥10.7B |
| Purchase Investments | — | ¥-8M | ¥-69M | ¥-89M | ¥-5M |
| Proceeds from Invest. | — | ¥2.1B | ¥311M | ¥2.2B | ¥197M |
| Financing CF | — | ¥11.2B | ¥-1.5B | ¥5.1B | ¥-1.6B |
| Dividends Paid | — | ¥-5.1B | ¥-2.1B | ¥-2.4B | ¥-1.8B |
| Share Buybacks | — | ¥-1M | ¥-122M | ¥-2.4B | ¥0M |
| LT Debt Repaid | — | ¥-1.5B | ¥-21M | ¥-103M | ¥-200M |
| Free Cash Flow | — | ¥5.2B | ¥-1.8B | ¥-3.4B | ¥6.9B |
| Net Change in Cash | — | ¥855M | ¥-12.7B | ¥-5.2B | ¥16.0B |
| Metric |
FY 2025
TDnet |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | — | 5.0% | 3.1% | 3.2% | 13.4% |
| ROA | — | 3.3% | 2.1% | 2.3% | 9.2% |
| EPS | — | ¥151.74 | ¥91.49 | ¥90.91 | ¥358.35 |
| DPS | — | ¥158.00 | ¥87.00 | ¥54.00 | ¥54.00 |
| BPS | — | ¥3,022.00 | ¥3,052.00 | ¥2,910.33 | ¥2,825.08 |
| FCF/Share | — | ¥136 | ¥-48 | ¥-89 | ¥172 |
| NCAV/Share | — | ¥689 | ¥1,008 | ¥1,234 | ¥1,375 |
| Payout Ratio | — | 104.1% | 95.1% | 59.4% | 15.1% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 6
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
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)
|
3,531 | 9.19% |
| 2 | 極東開発共栄会 | 1,620 | 4.22% |
| 3 |
Sumitomo Mitsui Banking Corporation
株式会社三井住友銀行
|
1,600 | 4.17% |
| 4 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(りそな銀行再信託分・株式会社みなと銀行退職給付信託口)
|
1,498 | 3.90% |
| 5 |
Employee Stock Ownership Plan
極東開発従業員持株会
|
1,182 | 3.08% |
| 6 | 三菱UFJ信託銀行株式会社 (常任代理人 日本マスタートラスト信託銀行株式会社) | 1,012 | 2.64% |
| 7 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
922 | 2.40% |
| 8 | 宮原 幾男 | 814 | 2.12% |
| 9 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(三井住友信託銀行再信託分・鹿島道路株式会社退職給付信託口)
|
660 | 1.72% |
| 10 | 東プレ株式会社 | 607 | 1.58% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
17.2%
-2.9% 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
17.8%
-2.8% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 35.0% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 11.58% | 10.70% | 9.19% -1.51% | |
| Japan Custody Bank 日本カストディ銀行 | 7.24% | 6.75% | 8.02% +1.27% | |
| 極東開発共栄会 | 3.99% | 4.02% | 4.22% +0.20% | |
| Sumitomo Mitsui Banking Corporation 三井住友銀行 | 4.18% | 4.17% | 4.17% | |
| Employee Stock Ownership Plan 極東開発従業員持株会 | 2.62% | 2.85% | 3.08% +0.23% | |
| 三菱UFJ信託銀行 NEW ENTRY | — | — | — | 2.64% NEW |
| 宮原 幾男 | 2.12% | 2.12% | 2.12% | |
| 東プレ NEW ENTRY | — | — | — | 1.58% NEW |
| INTERTRUST TRUSTEES(CAYMAN)LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP INTERTRUST TRUSTEES(CAYMAN)LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP last seen 2024 | Exited Top 10 | 5.79% | 5.48% | — |
| Mitsubishi UFJ Trust and Banking 三菱UFJ信託銀行 last seen 2024 | Exited Top 10 | 2.64% | 2.64% | — |
| INTERTRUST TRUSTEES CAYMAN LIMITED AS TRUSTEE OF JAPAN-UP UNIT TRUST last seen 2024 | Exited Top 10 | — | 1.97% | — |
| DFA INTL SMALL CAP VALUE PORTFOLIO last seen 2023 | Exited Top 10 | 2.02% | — | — |
| Concentration (HHI) ⓘ | 276 | 247 | 207 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥12,114M
+21% since 2023
Holdings
36
+1 new
3 exited
Trend
5 building
vs 2023
| Held Company | FY2025 ¥12,114M total | FY2023 ¥9,999M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
KAJIMA CORPORATION
鹿島建設㈱
|
1,645 |
540,000
|
862 | 540,000 | |
|
YAMABIKO CORPORATION
㈱やまびこ
|
1,045 |
439,200
|
577 | 439,200 | M |
|
Sumitomo Realty & Development Co.,Ltd.
住友不動産㈱
|
995 |
178,000
|
530 | 178,000 | M |
|
Topre Corporation
東プレ㈱
|
805 |
428,200
|
525 | 428,200 | M |
|
Resona Holdings, Inc.
㈱りそなホールディングス
|
758 |
589,281
|
376 | 589,281 | M |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
691 |
+200.0%
↑
182,229
|
321 | 60,743 | M |
|
Maruzen Showa Unyu Co,.Ltd.
丸全昭和運輸㈱
|
625 |
+0.3%
↑
104,028
|
333 | 103,696 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
576 |
286,600
|
243 | 286,600 | M |
|
OKADA AIYON CORPORATION
オカダアイヨン㈱
|
571 |
300,000
|
533 | 300,000 | M |
|
Wakita & Co.,LTD.
㈱ワキタ
|
439 |
254,000
|
309 | 254,000 | M |
|
TACHIBANA ELETECH CO.,LTD.
㈱立花エレテック
|
434 |
180,720
|
359 | 180,720 | M |
|
Narasaki Sangyo Corporation
ナラサキ産業㈱
|
406 |
141,800
|
263 | 141,800 | M |
|
NOK CORPORATION
NOK㈱
|
330 |
150,800
|
220 | 150,800 | M |
|
Kanamoto Co., Ltd.
㈱カナモト
|
324 |
100,000
|
217 | 100,000 | |
|
KANSAI PAINT CO.,LTD.
関西ペイント㈱
|
286 |
134,000
|
239 | 134,000 | M |
|
YAMAURA CORPORATION
㈱ヤマウラ
|
240 |
200,000
|
218 | 200,000 | M |
| ㈱椿本チェイン | 225 |
+200.0%
↑
121,800
|
130 | 40,600 | M |
|
The San-in Godo Bank,Ltd.
㈱山陰合同銀行
|
224 |
173,000
|
127 | 173,000 | M |
|
KYB Corporation
カヤバ㈱
|
197 |
NEW
New
67,200
|
— | M | |
|
SATO SHO-JI CORPORATION
佐藤商事㈱
|
182 |
123,000
|
174 | 123,000 | M |
|
HI-LEX CORPORATION
㈱ハイレックスコーポレーション
|
163 |
104,000
|
126 | 104,000 | M |
|
ARAYA INDUSTRIAL CO.,LTD.
新家工業㈱
|
160 |
36,000
|
81 | 36,000 | M |
| MS&ADグループホールディングス㈱ | 154 |
+200.0%
↑
48,000
|
65 | 16,000 | |
|
FUJI KYUKO CO., LTD.
富士急行㈱
|
119 |
53,000
|
232 | 53,000 | M |
|
Sanyo Electric Railway Co.,Ltd.
山陽電気鉄道㈱
|
85 |
42,800
|
97 | 42,800 | M |
|
EIWA CORPORATION
英和㈱
|
78 |
35,500
|
45 | 35,500 | M |
|
Chugai Ro Co.,Ltd.
中外炉工業㈱
|
76 |
20,700
|
38 | 20,700 | M |
|
KANEMITSU CORPORATION
㈱カネミツ
|
72 |
86,200
|
66 | 86,200 | M |
|
ShinMaywa Industries, Ltd.
新明和工業㈱
|
70 |
50,314
|
59 | 50,314 | M |
|
MK SEIKO CO., LTD.
エムケー精工㈱
|
60 |
126,400
|
46 | 126,400 | M |
|
隨ャ荳逕溷多菫晞匱譬ェ蠑丈シ夂、セ
第一生命保険㈱
|
53 |
+300.0%
↑
47,600
|
28 | 11,900 | M |
|
SEINO HOLDINGS CO.,LTD.
セイノーホールディングス㈱
|
26 |
11,362
|
16 | 11,362 | |
|
INFRONEER Holdings Inc.
インフロニア・ホールディングス㈱
|
— | — | |||
|
OKUMURA CORPORATION
㈱奥村組
|
— | — | |||
|
Shimadzu Corporation
㈱島津製作所
|
— | — | |||
|
YUKEN KOGYO CO., LTD.
油研工業㈱
|
— | — | |||
|
DAIKIN INDUSTRIES, LTD.
ダイキン工業㈱
|
— |
−100%
Exit
—
|
2,270 | 96,000 | M |
|
HINO MORTORS,LTD.
日野自動車㈱
|
— |
−100%
Exit
—
|
139 | 252,500 | M |
| KYB㈱ | — |
−100%
Exit
—
|
135 | 33,600 | M |
| Portfolio total | 12,114 | 9,999 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding