The Kodensha Co., Ltd. logo

The Kodensha Co., Ltd.

1948.T

JPXIndustrialsEngineering & Construction

Latest quote

¥11,420

+¥10.00 · +0.09%

Aug 24, 3:30 PM JST

1948.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

The Kodensha Co., Ltd. is a prominent Japanese construction firm engaged in a broad range of infrastructure projects. The company specializes in building essential facilities such as power generation plants, substations, and water treatment systems. Its expertise also includes implementing intelligent highway control monitoring equipment, like road information displays and surveillance cameras. Beyond core infrastructure, Kodensha designs and installs electrical systems for various applications, including building power supply and management, stadium video equipment, and diverse outdoor and night lighting solutions. The company also provides specialized services such as electrical installations for factories, instrumentation work for industrial production machinery, and comprehensive transmission line services encompassing surveying, related civil engineering, construction, and ongoing maintenance. Furthermore, Kodensha offers design and build capabilities for a wide array of electrical infrastructure, including general lighting, low-voltage electrical systems, power distribution, receiving and transforming stations, power generation and storage units, and centralized monitoring facilities. As a supplier, it provides numerous industrial and building technologies, including factory automation (FA) and distribution control equipment, climate control systems (air conditioning, ventilation, low-temperature units), elevators, general building equipment, industrial mechatronics, and integrated system solutions. Established in 1910 and headquartered in Tokyo, The Kodensha Co., Ltd. operates as a subsidiary of Mitsubishi Electric Corporation.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
JP
CEO
Yuji Kajikawa
Listed since
Jan 4, 2001
Employees
696

Market position

Day range

Current ¥11,420

52-week range

Current ¥11,420

Open
¥11,410
Previous close
¥11,410
Volume
5.3K
0.1× average
Average volume
51.25K
Average daily volume
Market cap
99.74B JPY
Beta
0.81
Market reference 1
50-day average
¥11,435
-0.13% below average
200-day average
¥7,418.84
+53.93% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
53.4B JPY
P/E (TTM)
32.05×
P/B (TTM)
4.02×
P/S (TTM)
2.2×
EV / EBITDA
13.02×
Earnings yield
5.26%
Free cash flow yield
6.02%
Dividend yield
0.88%

Profitability & efficiency

Gross margin
22.37%
Operating margin
9.61%
Net margin
6.85%
Return on equity
11.32%
Return on assets
7.22%
Return on invested capital
10.32%

Financial health

Debt / equity
0.02×
Current ratio
2.33×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends23%15%7%-1%Gross margin, FY2021: 16.46%Gross margin, FY2022: 16.02%Gross margin, FY2023: 17.54%Gross margin, FY2024: 20.80%Gross margin, FY2025: 21.45%Operating margin, FY2021: 1.43%Operating margin, FY2022: 2.03%Operating margin, FY2023: 3.32%Operating margin, FY2024: 7.85%Operating margin, FY2025: 8.80%Net margin, FY2021: 1.06%Net margin, FY2022: 1.66%Net margin, FY2023: 2.58%Net margin, FY2024: 6.97%Net margin, FY2025: 6.40%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.46%. Gross margin FY2022 16.02%. Gross margin FY2023 17.54%. Gross margin FY2024 20.80%. Gross margin FY2025 21.45%. Operating margin FY2021 1.43%. Operating margin FY2022 2.03%. Operating margin FY2023 3.32%. Operating margin FY2024 7.85%. Operating margin FY2025 8.80%. Net margin FY2021 1.06%. Net margin FY2022 1.66%. Net margin FY2023 2.58%. Net margin FY2024 6.97%. Net margin FY2025 6.40%.

Income trends

Revenue

44.23B JPY+12.66%

Operating income

3.89B JPY+26.35%

Net income

2.83B JPY+3.47%
Income trends across reported periods48.63B JPY31.06B JPY13.49B JPY−4.08B JPYRevenue, FY2021: 29.16B JPYRevenue, FY2022: 33.56B JPYRevenue, FY2023: 34.87B JPYRevenue, FY2024: 39.26B JPYRevenue, FY2025: 44.23B JPYOperating income, FY2021: 417M JPYOperating income, FY2022: 682M JPYOperating income, FY2023: 1.16B JPYOperating income, FY2024: 3.08B JPYOperating income, FY2025: 3.89B JPYNet income, FY2021: 310M JPYNet income, FY2022: 556M JPYNet income, FY2023: 899M JPYNet income, FY2024: 2.74B JPYNet income, FY2025: 2.83B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 29.16B JPY. Revenue FY2022 33.56B JPY. Revenue FY2023 34.87B JPY. Revenue FY2024 39.26B JPY. Revenue FY2025 44.23B JPY. Operating income FY2021 417M JPY. Operating income FY2022 682M JPY. Operating income FY2023 1.16B JPY. Operating income FY2024 3.08B JPY. Operating income FY2025 3.89B JPY. Net income FY2021 310M JPY. Net income FY2022 556M JPY. Net income FY2023 899M JPY. Net income FY2024 2.74B JPY. Net income FY2025 2.83B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue44.23B JPY39.26B JPY34.87B JPY33.56B JPY29.16B JPY
Cost of goods sold34.75B JPY31.1B JPY28.75B JPY28.18B JPY24.36B JPY
Gross profit9.49B JPY8.17B JPY6.12B JPY5.38B JPY4.8B JPY
Research and development8M JPY
Selling, general, and administrative5.59B JPY5.09B JPY4.96B JPY4.69B JPY4.38B JPY
Operating expenses5.59B JPY5.09B JPY4.96B JPY4.69B JPY4.38B JPY
Interest income40M JPY43M JPY19M JPY22M JPY23M JPY
Interest expense22M JPY10M JPY7M JPY7M JPY7M JPY
Depreciation and amortization208M JPY205M JPY210M JPY190M JPY109M JPY
Operating income3.89B JPY3.08B JPY1.16B JPY682M JPY417M JPY
Net income2.83B JPY2.74B JPY899M JPY556M JPY310M JPY

Company facts updated Aug 24, 2026.

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