9856
KU HOLDINGS CO.,LTD.
株式会社ケーユーホールディングス
Retail Trade
Ku Holdings Co.,Ltd. operates as a dealer of new and used cars in Japan. The company operates through two segments Domestic Car Sales Business and Imported Car Dealership Business. It engages in used car sales, new car sales, after-sales service, and insurance agency services for all domestic car manufacturers, as well as handles Mercedes-Benz, BMW cars and multiple European and American car brands Ku Holdings Co.,Ltd. was incorporated in 1972 and is based in Machida, Japan.
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⚠ TSE Capital Mandate
P / Book
0.57×
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
¥160.0B
¥154.6B
¥153.3B
¥131.1B
Cost of Sales
¥132.9B
¥127.9B
¥127.0B
¥107.2B
Gross Profit
¥27.1B
¥26.7B
¥26.3B
¥23.9B
SG&A
¥17.9B
¥17.6B
¥16.6B
¥15.6B
Operating Income
¥9.2B
¥9.1B
¥9.7B
¥8.3B
Non-Operating Income
¥416M
¥365M
¥312M
¥279M
Dividend Income
¥39M
¥50M
¥40M
¥28M
Interest Income
¥15M
¥9M
¥7M
¥6M
Non-Operating Expenses
¥121M
¥100M
¥99M
¥95M
Interest Expense
¥40M
¥27M
¥24M
¥25M
Ordinary Income
¥9.5B
¥9.4B
¥9.9B
¥8.5B
Pre-tax Income
¥9.5B
¥9.1B
¥9.5B
¥8.4B
Income Taxes
¥2.9B
¥3.0B
¥2.8B
¥2.6B
Current Tax
¥3.1B
¥3.1B
¥3.1B
¥2.8B
Deferred Tax
¥-174M
¥-102M
¥-288M
¥-183M
Net Income (owners)
¥6.5B
¥6.2B
¥6.7B
¥5.7B
Comprehensive Income
¥6.5B
¥6.3B
¥6.8B
¥5.8B
EBITDA
¥12.5B
¥12.1B
¥12.0B
¥10.8B
Goodwill Amort. (J-GAAP)
—
—
—
¥328M
EPS
¥199.60
¥190.90
¥209.16
¥181.13
Shares Outstanding
32.9M
32.5M
32.1M
31.8M
Shares Issued (total)
44.1M
44.1M
44.1M
44.1M
Treasury Shares
11.3M
11.7M
12.0M
12.3M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥92.7B
¥85.5B
¥81.3B
¥78.7B
Current Assets
¥43.7B
¥37.7B
¥36.3B
¥36.7B
Cash & Deposits
¥13.3B
¥10.2B
¥7.4B
¥13.0B
Trade Receivables
¥3.9B
¥4.5B
¥4.5B
¥3.7B
Non-Current Assets
¥49.0B
¥47.9B
¥45.0B
¥42.0B
PP&E
¥45.5B
¥44.3B
¥41.1B
¥38.8B
Intangible Assets
¥144M
¥156M
¥156M
¥132M
Investment Securities
¥1.1B
¥1.4B
¥1.3B
¥1.4B
Deferred Tax Assets
¥821M
¥665M
¥894M
¥662M
Total Liabilities
¥24.8B
¥22.4B
¥22.7B
¥25.1B
Current Liabilities
¥19.2B
¥15.8B
¥16.5B
¥17.8B
Accounts Payable
¥4.7B
¥2.0B
¥2.4B
¥2.9B
ST Debt
¥5.0B
¥5.3B
¥5.7B
¥5.3B
Taxes Payable
¥1.9B
¥1.5B
¥1.5B
¥1.9B
Non-Current Liabilities
¥5.6B
¥6.6B
¥6.2B
¥7.2B
Total LT Borrowings
¥4.2B
¥5.2B
¥4.6B
¥5.6B
Pension Obligations
—
—
—
¥57M
Deferred Tax Liab.
¥643M
¥695M
¥965M
¥989M
Total Equity
¥68.0B
¥63.1B
¥58.6B
¥53.6B
Capital Stock
¥100M
¥100M
¥100M
¥100M
Capital Surplus
¥13.9B
¥13.6B
¥13.3B
¥13.1B
Retained Earnings
¥57.0B
¥52.4B
¥48.4B
¥43.8B
Treasury Stock
¥-4.0B
¥-4.2B
¥-4.3B
¥-4.4B
AOCI
¥357M
¥433M
¥314M
¥253M
Equity (owners)
¥66.9B
¥62.0B
¥57.6B
¥52.6B
Total Interest-Bearing Debt ⓘ
¥9.2B
¥10.6B
¥10.3B
¥10.9B
Net Cash ⓘ
¥4.1B
¥-358M
¥-2.9B
¥2.1B
NCAV ⓘ
¥18.9B
¥15.2B
¥13.6B
¥11.7B
NCAV/Share
¥576
¥469
¥425
¥366
BV/Share
¥2,037
¥1,909
¥1,792
¥1,654
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥7.3B
¥7.7B
¥-1.2B
¥3.6B
Interest Paid
¥-40M
¥-27M
¥-24M
¥-25M
Interest Received
¥47M
¥54M
¥46M
¥34M
D&A
¥3.3B
¥3.0B
¥2.4B
¥2.2B
Goodwill Amort.
—
—
—
¥328M
Investing CF
¥-849M
¥-2.9B
¥-1.6B
¥-3.2B
CapEx
¥1.4B
¥3.0B
¥2.3B
¥2.2B
Purchase Investments
¥-140M
—
—
—
Proceeds from Invest.
—
—
—
¥3M
Financing CF
¥-3.4B
¥-2.0B
¥-2.8B
¥-2.9B
Dividends Paid
¥-2.0B
¥-2.2B
¥-2.1B
¥-1.3B
Share Buybacks
¥0M
¥0M
¥0M
—
LT Debt Repaid
¥-5.9B
¥-7.2B
¥-6.2B
¥-3.2B
Free Cash Flow
¥5.9B
¥4.7B
¥-3.5B
¥1.4B
Net Change in Cash
¥3.1B
¥2.8B
¥-5.6B
¥-2.5B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.1%
10.3%
12.1%
11.4%
ROA
7.3%
7.4%
8.4%
7.3%
EPS
¥199.60
¥190.90
¥209.16
¥181.13
DPS
¥64.00
¥60.00
¥68.00
¥56.00
BPS
¥2,048.32
¥1,922.04
¥1,801.55
¥1,661.77
FCF/Share
¥179
¥145
¥-108
¥44
NCAV/Share
¥576
¥469
¥425
¥366
Payout Ratio
32.1%
31.4%
32.5%
30.9%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 7
Date Activist Stake Event Flag Demands Source
2024-08-20
Sompo Japan Insurance Inc.
3.68%
-1.34%
change
Passive
—
2024-04-18
Sompo Japan Insurance Inc.
5.02%
change
Passive
—
2024-03-19
Hisanao Inoue
29.5%
change
Passive
—
2023-12-07
FMR LLC
3.95%
change
Passive
—
2023-09-27
Hisanao Inoue
29.5%
correction
Passive
—
2023-09-26
Hisanao Inoue
29.5%
change
Passive
—
2023-08-29
Hisanao Inoue
29.5%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
#
Shareholder
Shares (thou.)
% of Total
1
㈲ヤマサン
8,930
27.18%
2
㈱ラグナ
3,500
10.66%
3
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)
1,608
4.90%
4
Japan Custody Bank
㈱日本カストディ銀行 (信託口)
1,243
3.78%
5
損害保険ジャパン㈱
1,178
3.59%
6
板東 徹行
889
2.71%
7
井上 順子
762
2.32%
8
㈱シューツー
610
1.86%
9
東京海上日動火災保険㈱
608
1.85%
10
Employee Stock Ownership Plan
ケーユーグループ従業員持株会
505
1.54%
Domestic Nominees
8.7%
+2.0% 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
51.7%
-8.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
㈲ヤマサン
36.98%
38.29%
27.18%
-11.11%
㈱ラグナ
NEW ENTRY
—
—
—
10.66%
NEW
日本マスタートラスト信託銀行
4.40%
3.66%
4.90%
+1.24%
Japan Custody Bank
日本カストディ銀行
2.73%
3.02%
3.78%
+0.76%
損害保険ジャパン
8.57%
7.37%
3.59%
-3.78%
板東 徹行
1.95%
2.37%
2.71%
+0.34%
井上 順子
3.25%
2.35%
2.32%
-0.03%
㈱シューツー
NEW ENTRY
—
—
—
1.86%
NEW
東京海上日動火災保険
6.32%
4.95%
1.85%
-3.10%
Employee Stock Ownership Plan
ケーユーグループ従業員持株会
—
1.55%
1.54%
-0.01%
Fidelity
last seen 2024
Exited Top 10
4.44%
1.78%
—
三井住友海上火災保険
last seen 2024
Exited Top 10
—
1.57%
—
板東 尚子
last seen 2023
Exited Top 10
2.27%
—
—
井上 久尚
last seen 2023
Exited Top 10
2.13%
—
—
Concentration (HHI)
ⓘ
1551
1587
926
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥762M
+33% since 2023
Holdings
2
Trend
Stable
vs 2023
Held Company
FY2025
¥762M total
FY2023
¥574M total
Book Val ¥M
Shares
Book Val ¥M
Shares
㈱コンコルディア・フィナンシャルグループ
452
461,408
225
461,408
JACCS CO., LTD.
㈱ジャックス
310
79,600
349
79,600
M
Portfolio total
762
574
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding