7878
Kohsai Co.,Ltd.
株式会社光・彩
Consumer Cyclical · Luxury Goods
Kohsai Co.,Ltd. engages in the jewelry business in Japan. It offers jewelry accessories, such as rings, and pendants; and jewelry parts, including earring parts, and clasps under the MILLENNIUM TANZO, and etna brand name. The company was formerly known as Kosaikogei Co.,Ltd. and changed its name to Kohsai Co.,Ltd. in August 2017. The company was founded in 1955 and is headquartered in Kai, Japan. Kohsai Co.,Ltd. operates as a subsidiary of Estio Co., Ltd.
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Overview
Filings & Signals
Ownership
Financials
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Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥3.9B
¥3.5B
¥3.4B
¥3.0B
Cost of Sales
¥3.2B
¥2.9B
¥2.9B
¥2.6B
Gross Profit
¥720M
¥600M
¥467M
¥432M
SG&A
¥570M
¥493M
¥463M
¥418M
Operating Income
¥149M
¥108M
¥4M
¥13M
Non-Operating Income
¥9M
¥14M
¥34M
¥12M
Dividend Income
¥1M
¥1M
¥1M
¥1M
Non-Operating Expenses
¥11M
¥6M
¥4M
¥7M
Interest Expense
¥8M
¥5M
¥4M
¥5M
Ordinary Income
¥147M
¥116M
¥33M
¥18M
Pre-tax Income
¥137M
¥116M
¥45M
¥20M
Income Taxes
¥48M
¥24M
¥18M
¥-10M
Current Tax
¥34M
¥31M
¥15M
¥3M
Deferred Tax
¥14M
¥-7M
¥2M
¥-13M
Net Income (owners)
¥88M
¥92M
¥28M
¥30M
EBITDA
¥210M
¥164M
¥64M
¥66M
EPS
¥59.08
¥122.93
¥74.16
¥80.30
Shares Outstanding
1.6M
0.8M
0.4M
0.4M
Shares Issued (total)
1.6M
0.8M
0.4M
0.4M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥3.0B
¥2.8B
¥2.6B
¥2.5B
Current Assets
¥2.3B
¥2.1B
¥1.9B
¥1.8B
Cash & Deposits
¥685M
¥483M
¥449M
¥535M
Trade Receivables
¥406M
¥454M
¥385M
¥355M
Non-Current Assets
¥681M
¥670M
¥672M
¥645M
PP&E
¥416M
¥402M
¥430M
¥424M
Intangible Assets
¥20M
¥27M
¥33M
¥32M
Investment Securities
¥72M
¥80M
¥59M
¥35M
Deferred Tax Assets
¥9M
¥21M
¥20M
¥26M
Total Liabilities
¥1.6B
¥1.4B
¥1.3B
¥1.2B
Current Liabilities
¥1.5B
¥1.3B
¥1.2B
¥1.1B
ST Debt
¥1.1B
¥875M
¥906M
¥635M
Taxes Payable
¥24M
¥29M
¥22M
¥4M
Non-Current Liabilities
¥83M
¥75M
¥75M
¥98M
Total LT Borrowings
—
—
—
¥38M
Total Equity
¥1.5B
¥1.4B
¥1.3B
¥1.3B
Capital Stock
¥602M
¥602M
¥602M
¥602M
Capital Surplus
¥509M
¥509M
¥509M
¥509M
Retained Earnings
¥356M
¥287M
¥210M
¥197M
Treasury Stock
¥-32M
¥-32M
¥-32M
¥-31M
AOCI
¥19M
¥26M
¥10M
¥3M
Equity (owners)
¥1.4B
¥1.4B
¥1.3B
¥1.3B
Total Interest-Bearing Debt ⓘ
¥1.1B
¥875M
¥906M
¥673M
Net Cash ⓘ
¥-380M
¥-392M
¥-457M
¥-138M
NCAV ⓘ
¥774M
¥721M
¥628M
¥636M
NCAV/Share
¥489
¥911
¥1,586
¥1,605
BV/Share
¥907
¥1,725
¥3,256
¥3,225
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥141M
¥124M
¥-252M
¥-16M
Taxes Paid
¥-39M
¥-23M
¥9M
—
Interest Paid
¥-8M
¥-5M
¥-4M
¥-4M
Interest Received
¥1M
¥1M
¥0M
¥1M
D&A
¥60M
¥57M
¥60M
¥53M
Investing CF
¥-102M
¥-40M
¥-26M
¥-68M
CapEx
¥63M
¥20M
¥47M
¥90M
Purchase Investments
¥-10M
—
¥-19M
—
Proceeds from Invest.
—
—
¥20M
—
Financing CF
¥167M
¥-50M
¥214M
¥-89M
Dividends Paid
¥-19M
¥-15M
¥-15M
¥-15M
Share Buybacks
—
¥-0M
¥-0M
¥-0M
LT Debt Repaid
—
¥-38M
¥-81M
¥-81M
Free Cash Flow
¥78M
¥104M
¥-299M
¥-106M
Net Change in Cash
¥203M
¥34M
¥-60M
¥-170M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
6.2%
6.8%
2.2%
2.4%
ROA
3.1%
3.4%
1.1%
1.2%
EPS
¥59.08
¥122.93
¥74.16
¥80.30
DPS
¥25.00
¥25.00
¥40.00
¥40.00
BPS
¥972.61
¥1,860.21
¥3,474.52
¥3,420.97
FCF/Share
¥49
¥131
¥-755
¥-268
NCAV/Share
¥489
¥911
¥1,586
¥1,605
Payout Ratio
42.3%
20.3%
53.9%
49.8%
No filings or capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
#
Shareholder
Shares (thou.)
% of Total
1
株式会社エスティオ
814,800
54.45%
2
深沢 栄二
100,884
6.74%
3
ABNAMROCLEARING BANKN.V.,SINGAPORE BRANCH(常任代理人 エービーエヌ・アムロ・クリアリング証券株式会社)
43,100
2.88%
4
西田 一見
37,500
2.51%
5
林 泰男
19,200
1.28%
6
上田八木短資株式会社
19,000
1.27%
7
片山 幸子
17,900
1.20%
8
片山 文雄
17,200
1.15%
9
榮田 有祐
13,400
0.90%
10
株式会社ナガホリ
10,800
0.72%
Domestic Nominees
0.0%
+0.0% vs 2025
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2025
Sub-custodians for foreign asset managers
Direct / Strategic
73.1%
+4.4% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2024
2025
2026
式会社エスティオ
54.45%
54.45%
54.45%
深沢 栄二
6.74%
6.74%
6.74%
ABNAMROCLEARING BANKN.V.,SINGAPORE BRANCH
NEW ENTRY
—
—
—
2.88%
NEW
西田 一見
0.82%
1.22%
2.51%
+1.29%
林 泰男
1.12%
1.20%
1.28%
+0.08%
上田八木短資
NEW ENTRY
—
—
—
1.27%
NEW
片山 幸子
—
0.86%
1.20%
+0.34%
片山 文雄
0.80%
0.85%
1.15%
+0.30%
榮田 有祐
0.83%
0.84%
0.90%
+0.06%
式会社ナガホリ
0.72%
0.72%
0.72%
小野 真太郎
last seen 2025
Exited Top 10
—
1.06%
—
楽天証券
last seen 2025
Exited Top 10
1.43%
0.77%
—
江 峰
last seen 2024
Exited Top 10
0.94%
—
—
日本カストディ銀行
last seen 2024
Exited Top 10
1.04%
—
—
Concentration (HHI)
ⓘ
3018
3018
3032
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥76M
+34% since 2024
Holdings
2
+1 new
Trend
Stable
vs 2024
Held Company
FY2026
¥76M total
FY2024
¥56M total
Book Val ¥M
Shares
Book Val ¥M
Shares
NAGAHORI CORPORATION
株式会社 ナガホリ
75
35,000
56
35,000
M
YONDOSHI HOLDINGS INC.
株式会社 ヨンドシーホールディングス
1
NEW
New
367
—
Portfolio total
76
56
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding