7946
KOYOSHA INC.
株式会社光陽社
Other Products
Koyosha Inc. engages in the printing business in Japan. The company offers printing services, including wide color gamut printing, functional antibacterial varnish printing, digital paper proofreader, and original promotional fan; environmentally friendly printing; large format printing, such as solvent inkjet printer; digital services comprising e-book creation, non-contact scanning, image correction, and photo retouching; and creative services. It is also involved in planning, design, DTP, plate making, digital content production, display, on-demand POP, novelty production, and WcLock businesses. The company was incorporated in 1949 and is headquartered in Bunkyo, Japan.
Read more
← Companies
⚠ TSE Capital Mandate
P / Book
0.54×
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥4.8B
¥4.7B
¥4.5B
¥4.3B
¥4.1B
Cost of Sales
¥3.8B
¥3.7B
¥3.5B
¥3.4B
¥3.3B
Gross Profit
¥1.1B
¥1.0B
¥982M
¥875M
¥797M
SG&A
¥968M
¥954M
¥910M
¥847M
¥854M
Operating Income
¥102M
¥60M
¥72M
¥28M
¥-57M
Non-Operating Income
¥44M
¥50M
¥42M
¥69M
¥79M
Dividend Income
—
—
—
¥0M
¥0M
Interest Income
—
¥1M
¥0M
¥0M
¥0M
Non-Operating Expenses
—
¥6M
¥4M
¥7M
¥4M
Interest Expense
—
¥2M
¥2M
¥3M
¥3M
Ordinary Income
¥139M
¥104M
¥109M
¥90M
¥17M
Pre-tax Income
¥141M
¥104M
¥185M
¥85M
¥17M
Income Taxes
¥57M
¥43M
¥39M
¥26M
¥-16M
Current Tax
—
¥50M
¥27M
¥14M
¥10M
Deferred Tax
—
¥-7M
¥12M
¥4M
¥-26M
Net Income (owners)
¥84M
¥61M
¥146M
¥58M
¥34M
Comprehensive Income
—
¥61M
¥147M
¥58M
¥34M
EBITDA
¥234M
¥220M
¥207M
¥162M
¥109M
EPS
¥31.91
¥89.76
¥214.66
¥85.28
¥30.66
Shares Outstanding
—
0.5M
0.7M
0.7M
0.7M
Shares Issued (total)
—
0.9M
1.4M
1.4M
1.4M
Treasury Shares
—
0.3M
0.7M
0.7M
0.7M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥3.0B
¥3.2B
¥3.5B
¥3.6B
¥4.1B
Current Assets
¥2.1B
¥2.1B
¥2.3B
¥2.4B
¥2.8B
Cash & Deposits
¥938M
¥1.0B
¥1.3B
¥1.3B
¥1.8B
Trade Receivables
—
¥709M
¥649M
¥729M
¥577M
Inventories
—
¥1M
¥7M
¥7M
¥7M
Non-Current Assets
¥900M
¥1.1B
¥1.2B
¥1.1B
¥1.3B
PP&E
¥797M
¥881M
¥966M
¥939M
¥1.0B
Intangible Assets
—
¥28M
¥30M
¥41M
¥48M
Investment Securities
¥21M
¥113M
¥13M
¥2M
¥3M
Deferred Tax Assets
—
¥36M
¥29M
¥41M
¥45M
Total Liabilities
¥1.2B
¥1.4B
¥1.5B
¥1.8B
¥2.3B
Current Liabilities
¥605M
¥724M
¥939M
¥1.2B
¥1.4B
Accounts Payable
—
¥423M
¥640M
¥701M
¥640M
ST Debt
¥78M
¥85M
¥79M
¥272M
¥72M
Taxes Payable
—
¥37M
¥23M
¥13M
¥10M
Non-Current Liabilities
¥578M
¥669M
¥604M
¥618M
¥914M
Total LT Borrowings
¥270M
¥348M
¥274M
¥242M
¥514M
Pension Obligations
—
¥321M
¥331M
¥375M
¥400M
Total Equity
¥1.8B
¥1.8B
¥2.0B
¥1.8B
¥1.8B
Capital Stock
—
¥100M
¥100M
¥100M
¥100M
Capital Surplus
—
¥1.4B
¥2.1B
¥2.1B
¥2.1B
Retained Earnings
¥773M
¥707M
¥680M
¥534M
¥476M
Treasury Stock
—
¥-411M
¥-924M
¥-924M
¥-924M
AOCI
—
¥0M
¥0M
¥0M
¥0M
Equity (owners)
¥1.8B
¥1.8B
¥2.0B
¥1.8B
¥1.8B
Total Interest-Bearing Debt ⓘ
¥348M
¥434M
¥353M
¥514M
¥586M
Net Cash ⓘ
¥590M
¥572M
¥914M
¥759M
¥1.2B
NCAV ⓘ
¥918M
¥697M
¥807M
¥670M
¥482M
NCAV/Share
—
¥1,311
¥1,183
¥980
¥704
BV/Share
—
¥3,364
¥2,871
¥2,652
¥2,567
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥139M
¥14M
¥218M
¥58M
¥180M
Interest Paid
—
¥-2M
¥-2M
¥-3M
¥-3M
Interest Received
—
¥1M
¥0M
¥0M
¥0M
D&A
¥131M
¥160M
¥136M
¥134M
¥166M
Investing CF
¥24M
¥-77M
¥98M
¥-124M
¥-103M
CapEx
¥44M
¥93M
¥218M
¥25M
¥13M
Purchase Investments
—
¥-100M
¥-11M
—
—
Proceeds from Invest.
—
—
—
¥0M
—
Financing CF
¥-154M
¥-149M
¥-161M
¥-567M
¥-77M
Dividends Paid
—
¥-34M
—
—
—
Share Buybacks
—
¥-195M
¥-0M
¥-495M
¥-0M
LT Debt Repaid
—
¥-79M
¥-276M
¥-72M
¥-76M
Free Cash Flow
¥95M
¥-78M
¥-0M
¥33M
¥167M
Net Change in Cash
—
¥-211M
¥154M
¥-633M
¥0M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
4.7%
3.2%
7.8%
3.3%
1.7%
ROA
2.7%
1.8%
4.1%
1.5%
0.8%
EPS
¥31.91
¥89.76
¥214.66
¥85.28
¥30.66
DPS
¥0.00
¥34.00
¥50.00
—
—
BPS
¥707.43
¥3,365.54
¥2,871.79
¥2,652.89
¥2,567.55
FCF/Share
—
¥-148
¥0
¥49
¥244
NCAV/Share
—
¥1,311
¥1,183
¥980
¥704
Payout Ratio
0.0%
37.9%
23.3%
—
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 7
Date Activist Stake Event Flag Demands Source
2025-04-22
KOTA INUKAI
22.9%
correction
Passive
—
2025-04-18
KOTA INUKAI
22.9%
+3.43%
change
Passive
—
2025-04-01
Hiyoshidaigakuen
100.0%
correction
Passive
—
2025-04-01
HIYOSHIDAIGAKUEN
—
correction
Passive
—
2025-03-28
Hiyoshidaigakuen
100.0%
change
Passive
—
2025-03-28
HIYOSHIDAIGAKUEN
—
exit
Passive
—
2025-03-03
KOTA INUKAI
19.47%
change
Passive
—
Capital Allocation Signals 2
Date
Type
Amount
Summary
2026-05-22
16:00
Div Increase
¥26M ¥10.0/sh
Kōyōsha (code 7946) announced a dividend of ¥10.00 per share (total ¥25.7M) with an effective date of June 24, 2026, bas…
Summary
Kōyōsha (code 7946) announced a dividend of ¥10.00 per share (total ¥25.7M) with an effective date of June 24, 2026, based on results for the fiscal year ended March 31, 2026. This represents a decrease from the prior year's ¥34.00 per share, but was announced as an increase (増配) from the company's May 19, 2026 forecast, reflecting revised upward earnings guidance. The dividend is sourced from retained earnings and will be submitted to the 78th Annual General Meeting on June 22, 2026.
Deadline: 2026-06-24
Source (JP)
2026年3月31日を基準日とする剰余金の配当について決議しました。1株当たり配当金10円00銭、配当金総額25,703,400円、効力発生日2026年6月24日
2026-05-19
16:00
Div Increase
¥10.0/sh
+29%
KOYOSHA (7946) raised its FY2026 year-end dividend forecast by ¥2.80 per share to ¥10.00 per share, representing a 39% i…
Summary
KOYOSHA (7946) raised its FY2026 year-end dividend forecast by ¥2.80 per share to ¥10.00 per share, representing a 39% increase from the prior forecast. The upward revision reflects better-than-expected FY2026 full-year results, driven by strong carbon-offset printing product sales that exceeded initial plans. The company targets a 30% dividend payout ratio as its basic policy while maintaining internal reserves for future business expansion.
YoY: +29%
Source (JP)
2026年3月期の期末配当につきましては、前回公表の配当予想から2円80銭増配し、1株につき10円を予定しております。
通期連結業績予想と実績の差異及び配当予想の修正(増配)に関するお知らせ
TDnet PDF
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
犬養 岬太
144,600
27.20%
2
新日本カレンダー株式会社
50,000
9.41%
3
株式会社KK
50,000
9.41%
4
株式会社片山
24,600
4.63%
5
吉田 勝利
19,000
3.57%
6
株式会社石川商会
17,400
3.27%
7
八木 浩志
11,500
2.16%
8
片山 英彦
10,500
1.98%
9
杉山 貴一郎
10,000
1.88%
10
株式会社研文社
8,800
1.66%
Domestic Nominees
0.0%
+0.0% 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
65.2%
-9.7% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
犬養 岬太
21.13%
21.21%
27.20%
+5.99%
新日本カレンダー
7.31%
7.34%
9.41%
+2.07%
式会社KK
NEW ENTRY
—
—
—
9.41%
NEW
式会社片山
7.23%
4.08%
4.63%
+0.55%
吉田 勝利
—
2.30%
3.57%
+1.27%
式会社石川商会
2.56%
2.55%
3.27%
+0.72%
八木 浩志
1.68%
1.69%
2.16%
+0.47%
片山 英彦
1.53%
1.54%
1.98%
+0.44%
杉山 貴一郎
1.46%
1.47%
1.88%
+0.41%
式会社研文社
NEW ENTRY
1.30%
—
1.66%
NEW
学校法人日吉台学園
last seen 2024
Exited Top 10
29.22%
29.34%
—
楽天証券
last seen 2024
Exited Top 10
—
3.36%
—
富士フィルムグローバル グラフィックシステムズ
last seen 2023
Exited Top 10
2.07%
—
—
Concentration (HHI)
ⓘ
1426
1412
977
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved