9468
KADOKAWA CORPORATION
株式会社KADOKAWA
Information & Communication
Kadokawa Corporation operates as an entertainment company in Japan. It operates through six segments: Publication/IP Creation; Animation and Live-Action Film, Game, Web Services, Education/EdTech, and Other segments. The Publication/IP Creation segment engages in the publication and sales of books, e-books, magazines, and e-magazines; web advertising sales; and other IP creation-related planning and sale. Its Animation and Live-Action Film segment is involved in the planning, production, and distribution of anime and live-action films; licensing of video distribution rights; and sale of video package software. Its Game segment plans, develops, and sells game software and network games. The Web Service segment engages in the operation of video community services; planning and management of various events; and distribution of mobile content. Its Education/EdTech segment is involved in the online education business; planning and operation of vocational schools; planning and sale of character goods; and facility management. The Other segment engages in store and facility management; advertising agency; and system design, construction, and operation. The company was formerly known as Kadokawa Dwango Corporation. Kadokawa Corporation was founded in 1945 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥277.9B
¥258.1B
¥255.4B
¥221.2B
Cost of Sales
¥178.8B
¥171.5B
¥164.6B
¥145.6B
Gross Profit
¥99.1B
¥86.6B
¥90.9B
¥75.6B
SG&A
¥82.4B
¥68.2B
¥64.9B
¥57.1B
Operating Income
¥16.7B
¥18.5B
¥25.9B
¥18.5B
Non-Operating Income
¥3.3B
¥4.8B
¥2.6B
¥3.0B
Dividend Income
¥485M
¥658M
¥670M
¥423M
Interest Income
¥1.5B
¥1.5B
¥587M
¥89M
Non-Operating Expenses
¥2.2B
¥3.0B
¥1.8B
¥1.3B
Interest Expense
¥80M
¥63M
¥123M
¥100M
Ordinary Income
¥17.7B
¥20.2B
¥26.7B
¥20.2B
Pre-tax Income
¥17.2B
¥19.7B
¥21.4B
¥19.5B
Income Taxes
¥7.3B
¥6.7B
¥6.2B
¥4.4B
Current Tax
¥7.9B
¥8.2B
¥8.6B
¥4.7B
Deferred Tax
¥-608M
¥-1.6B
¥-2.4B
¥-254M
Net Income (owners)
¥7.4B
¥11.4B
¥12.7B
¥14.1B
Minority Interest
¥2.5B
¥1.6B
¥2.5B
¥983M
Comprehensive Income
¥16.4B
¥13.1B
¥15.4B
¥18.5B
EBITDA
¥24.9B
¥25.4B
¥32.1B
¥24.6B
Goodwill Amort. (J-GAAP)
¥576M
¥184M
¥158M
¥379M
EPS
¥53.87
¥83.42
¥90.91
¥105.96
Shares Outstanding
147.6M
135.5M
141.8M
141.3M
Shares Issued (total)
149.0M
141.8M
141.8M
141.8M
Treasury Shares
1.4M
6.3M
0.0M
0.5M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥410.0B
¥340.3B
¥382.9B
¥325.3B
Current Assets
¥272.4B
¥221.4B
¥264.0B
¥205.6B
Cash & Deposits
¥145.5B
¥105.4B
¥167.2B
¥123.9B
Trade Receivables
¥67.8B
¥61.0B
—
—
Non-Current Assets
¥137.6B
¥118.9B
¥118.9B
¥119.7B
PP&E
¥66.9B
¥64.7B
¥68.6B
¥71.5B
Goodwill
¥5.3B
¥1.7B
¥684M
¥429M
Intangible Assets
¥20.5B
¥13.7B
¥8.9B
¥7.3B
Investment Securities
¥38.4B
¥29.2B
¥32.5B
¥34.0B
Deferred Tax Assets
¥3.7B
¥5.3B
¥3.2B
¥1.0B
Total Liabilities
¥132.6B
¥127.7B
¥159.7B
¥149.6B
Current Liabilities
¥117.0B
¥97.4B
¥128.9B
¥77.9B
Accounts Payable
¥35.4B
¥34.1B
¥29.2B
¥26.6B
ST Debt
¥15.7B
¥178M
¥40.0B
¥283M
Taxes Payable
¥4.6B
¥4.6B
¥4.0B
¥2.4B
Non-Current Liabilities
¥15.6B
¥30.4B
¥30.8B
¥71.7B
Total LT Borrowings
¥10.9B
¥25.2B
¥25.2B
¥65.0B
Pension Obligations
¥2.4B
¥3.1B
¥3.5B
¥3.9B
Deferred Tax Liab.
¥637M
¥372M
¥408M
¥1.1B
Total Equity
¥277.4B
¥212.6B
¥223.2B
¥175.7B
Capital Stock
¥65.6B
¥40.6B
¥40.6B
¥40.6B
Capital Surplus
¥85.2B
¥76.0B
¥76.3B
¥53.3B
Retained Earnings
¥85.9B
¥82.6B
¥75.5B
¥67.0B
Treasury Stock
¥-5.6B
¥-21.3B
¥-2.6B
¥-1.9B
AOCI
¥18.7B
¥12.6B
¥12.8B
¥12.9B
Equity (owners)
¥231.1B
¥178.0B
¥189.8B
¥159.0B
Minority Interests
¥25.2B
¥22.0B
¥20.6B
¥3.8B
Total Interest-Bearing Debt ⓘ
¥26.7B
¥25.3B
¥65.3B
¥65.3B
Net Cash ⓘ
¥118.8B
¥80.0B
¥102.0B
¥58.6B
NCAV ⓘ
¥139.8B
¥93.7B
¥104.2B
¥56.0B
NCAV/Share
¥947
¥691
¥735
¥397
BV/Share
¥1,566
¥1,313
¥1,339
¥1,125
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥13.8B
¥8.3B
¥17.5B
¥21.7B
Interest Paid
¥-74M
¥-70M
¥-125M
¥-102M
Interest Received
¥3.0B
¥2.4B
¥1.5B
¥766M
D&A
¥7.7B
¥6.7B
¥6.0B
¥5.7B
Goodwill Amort.
¥576M
¥184M
¥158M
¥379M
Investing CF
¥-8.4B
¥3.5B
¥-16.3B
¥-7.9B
CapEx
¥6.6B
¥3.1B
¥2.8B
¥2.2B
Purchase Investments
¥-2.9B
¥-99M
¥-357M
¥-743M
Proceeds from Invest.
¥4.4B
¥3.7B
¥50M
¥149M
Financing CF
¥44.1B
¥-65.8B
¥30.7B
¥26.7B
Dividends Paid
¥-4.1B
¥-4.3B
¥-4.2B
¥-3.3B
Share Buybacks
¥0M
¥-20.0B
¥-1.3B
—
LT Debt Repaid
¥-426M
¥-40.5B
¥-23M
¥-10.0B
Free Cash Flow
¥7.2B
¥5.2B
¥14.7B
¥19.5B
Net Change in Cash
¥49.8B
¥-51.5B
¥33.8B
¥41.7B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
3.4%
5.8%
6.8%
9.4%
ROA
2.0%
3.1%
3.6%
4.3%
EPS
¥53.87
¥83.42
¥90.91
¥105.96
DPS
¥30.00
¥30.00
¥30.00
¥30.00
BPS
¥1,704.48
¥1,417.63
¥1,450.27
¥1,234.46
FCF/Share
¥49
¥38
¥104
¥138
NCAV/Share
¥947
¥691
¥735
¥397
Payout Ratio
55.7%
36.0%
33.0%
28.3%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 17
Date Activist Stake Event Flag Demands Source
2026-05-13
Oasis Management Company Ltd.
13.76%
change
✓ Activist
—
2026-04-07
Nomura Securities Co.,Ltd.
3.31%
-1.8%
change
Passive
—
2026-04-06
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
7.91%
+0.03%
change
Passive
—
2026-03-30
Oasis Management Company Ltd.
13.76%
+1.91%
change
✓ Activist
—
2026-03-26
Oasis Management Company Ltd.
11.85%
+1.85%
change
✓ Activist
—
2026-03-24
Oasis Management Company Ltd.
10.0%
+1.14%
change
✓ Activist
—
2026-03-19
Oasis Management Company Ltd.
8.86%
initial_5pct
✓ Activist
—
2026-03-05
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
7.88%
+0.6%
change
Passive
—
2026-03-05
Nomura Securities Co.,Ltd.
5.11%
+0.08%
change
Passive
—
2026-02-05
Nomura Securities Co.,Ltd.
5.03%
initial_5pct
Passive
—
2025-11-13
Kakao Investment CO., LTD.
8.44%
change
Passive
—
2025-09-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
7.28%
+0.56%
change
Passive
—
2025-03-03
Sixjoy Hong Kong Limited
7.97%
change
Passive
—
2025-01-10
Sony Group Corporation
10.0%
correction
Passive
—
2025-01-09
Sony Group Corporation
10.0%
initial_5pct
Passive
—
2023-12-06
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
6.72%
change
Passive
—
2023-05-24
Nobuo Kawakami
4.78%
correction
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-05-14
15:30
Capital Policy
¥4.5B ¥30.0/sh
+0%
KADOKAWA announced a final dividend of ¥30 per share for fiscal year ending March 31, 2026, totaling ¥4,462 million, unc…
Summary
KADOKAWA announced a final dividend of ¥30 per share for fiscal year ending March 31, 2026, totaling ¥4,462 million, unchanged from the prior year. The dividend payout ratio reaches 344.5% due to lower earnings, reflecting the company's core policy of maintaining a stable ¥30 annual dividend while targeting a dividend payout ratio of 30% or higher based on consolidated results.
Deadline: 2026-06-25
YoY: +0%
Source (JP)
当社は、株主の皆様への利益還元の一環である配当金については、安定的な配当額として1株当たり年間30円をベースとし、連結業績に応じた利益還元分を含めた配当性向30%以上を目標に株主還元を実施することを基本方針としております。
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 15
#
Shareholder
Shares (thou.)
% of Total
1
KOREA SECURITIES DEPOSITORY-SAMSUNG
KOREA SECURITIES DEPOSITORY-SAMSUNG (常任代理人シティバンク、エヌ・エイ東京支店)
15,403
10.43%
2
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)
14,913
10.10%
3
ソニーグループ㈱
14,899
10.09%
4
GOLDMAN SACHS INTERNATIONAL (常任代理人ゴールドマン・サックス証券㈱)
12,690
8.60%
5
Custody Bank of Japan, Ltd. (Trust Account)
㈱日本カストディ銀行(信託口)
9,886
6.70%
6
川上量生
6,036
4.09%
7
日本電信電話㈱
4,080
2.76%
8
日本生命保険相互会社 (常任代理人日本マスタートラスト信託銀行㈱)
3,428
2.32%
9
㈱バンダイナムコホールディングス
3,060
2.07%
10
㈱サイバーエージェント
2,844
1.93%
Domestic Nominees
16.8%
-1.2% 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
42.3%
+5.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
KOREA SECURITIES DEPOSITORY-SAMSUNG
—
11.37%
10.43%
-0.94%
Japan Master Trust Bank
日本マスタートラスト信託銀行
11.95%
11.41%
10.10%
-1.31%
SONY GROUP CORPORATION
ソニーグループ
↑
—
2.10%
10.09%
+7.99%
Goldman Sachs
7.00%
8.39%
8.60%
+0.21%
Japan Custody Bank
日本カストディ銀行
7.21%
6.56%
6.70%
+0.14%
川上量生
5.78%
5.00%
4.09%
-0.91%
日本電信電話
2.88%
3.01%
2.76%
-0.25%
Nippon Life Insurance
日本生命保険
2.42%
2.53%
2.32%
-0.21%
㈱バンダイナムコホールディングス
NEW ENTRY
—
—
—
2.07%
NEW
㈱サイバーエージェント
NEW ENTRY
—
—
—
1.93%
NEW
Bandai Namco Holdings Inc.
式会社バンダイナムコホールディングス
last seen 2024
Exited Top 10
2.16%
2.26%
—
CyberAgent Inc.
式会社サイバーエージェント
last seen 2024
Exited Top 10
2.01%
2.10%
—
KSD-NH
last seen 2023
Exited Top 10
8.87%
—
—
角川歴彦
last seen 2023
Exited Top 10
2.06%
—
—
Concentration (HHI)
ⓘ
383
427
469
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥27,139M
+15% since 2023
Holdings
15
+5 new
7 exited
Trend
1 unwinding
vs 2023
Held Company
FY2025
¥27,139M total
FY2023
¥23,507M total
Book Val ¥M
Shares
Book Val ¥M
Shares
Bandai Namco Holdings Inc.
㈱バンダイナムコホールディングス
23,922
NEW
New
4,780,700
—
M
Dai Nippon Printing Co.,Ltd.
大日本印刷㈱ (注)1
1,076
NEW
New
508,024
—
M
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
531
264,180
223
264,180
M
SONY GROUP CORPORATION
ソニーグループ㈱ (注)2
485
NEW
New
129,000
—
M
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
272
67,385
126
67,385
M
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ (注)3
240
NEW
New
63,390
—
M
Japan Pulp & Paper Co., Ltd.
日本紙パルプ商事㈱ (注)4
225
NEW
New
374,000
—
M
CyberAgent Inc.
㈱サイバーエージェント
180
160,000
178
160,000
M
㈱IMAGICA GROUP
82
160,000
95
160,000
M
WOWOW Co., Ltd.
㈱WOWOW
60
60,000
75
60,000
M
譌・譛ャ陬ス邏呎ェ蠑丈シ夂、セ
日本製紙㈱
47
-39.9%
↓
47,000
79
78,200
M
MITSUBISHI PAPER MILLS LIMITED
三菱製紙㈱
13
20,100
7
20,100
M
MEDIA DO Co., Ltd.
㈱メディアドゥ
6
4,000
5
4,000
TOPPAN Holdings Inc.
TOPPANホールディングス㈱
—
—
Daiwa Securities Group Inc.
㈱大和証券グループ本社
—
—
Oji Holdings Corporation
王子ホールディングス㈱
—
−100%
Exit
—
278
531,000
M
Bandai Namco Holdings Inc.
㈱バンダイナムコホールディングス (注1)
—
−100%
Exit
—
20,739
2,426,900
M
Dai Nippon Printing Co.,Ltd.
大日本印刷㈱
—
−100%
Exit
—
941
254,012
M
SONY GROUP CORPORATION
ソニーグループ㈱
—
−100%
Exit
—
309
25,800
M
Japan Pulp & Paper Co., Ltd.
日本紙パルプ商事㈱
—
−100%
Exit
—
192
37,400
M
凸版印刷㈱
—
−100%
Exit
—
149
55,925
M
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
—
−100%
Exit
—
111
21,130
M
Portfolio total
27,139
23,507
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding