KYOEI TANKER CO., LTD.

9130 共栄タンカー株式会社

Marine Transportation · Standard

PRICE: ¥1,317 · MKT CAP: ¥10.1B · P/E: 24.3x · P/B: 0.39x · DIV YIELD: 3.0%

PRICE — 5Y

Characteristics & Business Summary

Kyoei Tanker Co., Ltd. engages in ship operation and ship chartering businesses in Japan. It is also involved in shipping agency and brokerage, seamen's and worker dispatch, and non-life insurance agency, as well as real-estate, building lease, and estate...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	11,670	12,141	14,271	14,178	15,160	—	7,200
Operating Profit	783	421	682	-124	1,373	1,244	300
Ordinary Profit	304	18	268	187	1,030	887	—
Net Profit	162	883	876	147	5,112	414	1,200
EPS	¥21	¥115	¥115	¥19	¥668	¥54	—
DPS	¥20	¥20	¥20	¥20	¥40	¥20	—

Balance Sheet & Valuation Highlights

Total Assets ¥77B

Net Assets (Equity) ¥26B

Equity Ratio 33.7%

ROE (Return on Equity) 2.0%

Cash & Equivalents ¥6B

Interest-Bearing Debt ¥44B

Capital Expenditure (CapEx) ¥6B

Depreciation & Amort. ¥5B

Major Shareholders

1. NYK Line Co. 30.0%
2. ジャパンマリンユナイテッド株式会社 12.4%
3. コスモ石油プロパティサービス株式会社 6.5%
4. Mitsui Sumitomo Insurance Company, Limited 6.4%
5. 馬場協二 3.1%
6. Mizuho Bank 2.6%
7. Japan Securities Finance Co.,Ltd. 2.6%
8. Tokio Marine & Nichido Fire Insurance Co., Ltd. 1.3%
9. 岡三証券株式会社 1.2%
10. 林田一男 1.1%

Activist Activity

Arrowstreet Capital, Limited Partnership 5.14%

2026-04-22 · initial_5pct

COSMO OIL PROPERTY SERVICE CO., LTD. 6.54%

2026-03-18 · change

COSMO OIL PROPERTY SERVICE CO., LTD. 0.0%

2026-03-18 · exit

COSMO OIL CO., LTD. 6.54%

2026-03-18 · initial_5pct

Mitsui Sumitomo Insurance Co.,Ltd. 4.27%

2026-02-05 · change

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥1,526	¥1,588	¥1,866	¥1,854	¥1,982	—	—
FCF/Share	¥-740	¥-455	¥421	¥365	¥-180	¥-79	—
EPS	¥21	¥115	¥115	¥19	¥668	¥54	—
DPS	¥20	¥20	¥20	¥20	¥40	¥20	—
Capital Spending per share	¥1,306	¥1,243	¥223	¥425	¥796	¥804	—
Book Value per share	¥1,817	¥1,912	¥2,006	¥2,006	¥2,634	¥2,648	—
Common Shares Outstanding	8M	8M	8M	8M	8M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥12B	¥12B	¥14B	¥14B	¥15B	—	¥7B
Operating Margin (%)	6.7%	3.5%	4.8%	-0.9%	9.1%	—	4.2%
Net Profit (owners)	¥0B	¥1B	¥1B	¥0B	¥5B	¥0B	¥1B
Net Profit Margin (%)	1.4%	7.3%	6.1%	1.0%	33.7%	—	16.7%
Working Capital	¥-52B	¥-53B	¥-47B	¥-45B	¥-42B	¥-43B	—
Total Debt (Interest-bearing)	¥51B	¥53B	¥48B	¥45B	¥46B	¥44B	—
Net Worth (Common Equity)	¥14B	¥15B	¥15B	¥15B	¥20B	¥20B	—
Return on Total Assets (ROA)	0.2%	1.2%	1.2%	0.2%	6.6%	0.5%	—
Return on Common Equity (ROE)	1.2%	6.0%	5.7%	1.0%	25.4%	2.0%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.