Kyosha Co., Ltd. logo

Kyosha Co., Ltd.

6837.T

JPXTechnologyHardware, Equipment & Parts

Latest quote

¥371

−¥2.00 · -0.54%

Aug 24, 3:30 PM JST

6837.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Kyosha Co., Ltd. is a global manufacturer and supplier of printed circuit boards (PCBs) and specialized carrier jigs essential for the assembly of electronic components. The company's diverse offerings include the proprietary Kyosha-Max dust-free construction technique, as well as comprehensive PCB design services. They provide a range of innovative jigs and materials such as MagiCarrier, designed for securing printed boards and minute components; MagiCarrier-ß, a heat-resistant, double-sided adhesive sheet; MagiCarrier-DIP, tailored for flow soldering applications; and MagiFix, a securing jig utilized during solder printing and component placement. Furthermore, Kyosha's product portfolio extends to various metal masks, including laser-etched masks for highly precise mounting, COB masks optimized for irregular PWB topographies, and PH masks suited for non-flat FPC and ceramic substrates. The company also furnishes a suite of other specialized jigs for tasks like hand soldering, lead forming, coating application, and dip testing. Complementing these are cleaning agents for circuit boards and reflow ovens, along with dedicated solutions and washers for soldering carriers. Established in Kyoto, Japan, in 1951, the firm initially operated as Kyoto Shashingata Co., Ltd. before officially adopting its current name, Kyosha Co., Ltd., in November 1982.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
JP
CEO
Kazuto Kojima
Listed since
Nov 30, 1999
Employees
1,191

Market position

Day range

Current ¥371

52-week range

Current ¥371

Open
¥375
Previous close
¥373
Volume
19.7K
0.15× average
Average volume
133.87K
Average daily volume
Market cap
5.41B JPY
Beta
0.36
Market reference 1
50-day average
¥362.96
+2.22% above average
200-day average
¥319.03
+16.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.68B JPY
P/E (TTM)
41.31×
P/B (TTM)
0.53×
P/S (TTM)
0.22×
EV / EBITDA
3.38×
Earnings yield
1.83%
Free cash flow yield
13.82%
Dividend yield
1.35%

Profitability & efficiency

Gross margin
16.63%
Operating margin
4.01%
Net margin
0.51%
Return on equity
0.78%
Return on assets
0.31%
Return on invested capital
0.44%

Financial health

Debt / equity
0.83×
Current ratio
1.58×
Altman Z-score
1.84
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%12%4%-4%Gross margin, FY2021: 15.75%Gross margin, FY2022: 16.12%Gross margin, FY2023: 18.22%Gross margin, FY2024: 17.78%Gross margin, FY2025: 16.13%Operating margin, FY2021: 2.25%Operating margin, FY2022: 2.75%Operating margin, FY2023: 4.40%Operating margin, FY2024: 4.87%Operating margin, FY2025: 3.34%Net margin, FY2021: 1.35%Net margin, FY2022: -1.98%Net margin, FY2023: 2.46%Net margin, FY2024: 2.34%Net margin, FY2025: 0.31%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.75%. Gross margin FY2022 16.12%. Gross margin FY2023 18.22%. Gross margin FY2024 17.78%. Gross margin FY2025 16.13%. Operating margin FY2021 2.25%. Operating margin FY2022 2.75%. Operating margin FY2023 4.40%. Operating margin FY2024 4.87%. Operating margin FY2025 3.34%. Net margin FY2021 1.35%. Net margin FY2022 -1.98%. Net margin FY2023 2.46%. Net margin FY2024 2.34%. Net margin FY2025 0.31%.

Income trends

Revenue

24.7B JPY-5.84%

Operating income

826M JPY-35.37%

Net income

77M JPY-87.48%
Income trends across reported periods28.9B JPY18.21B JPY7.53B JPY−3.16B JPYRevenue, FY2021: 21.34B JPYRevenue, FY2022: 24.46B JPYRevenue, FY2023: 24.58B JPYRevenue, FY2024: 26.23B JPYRevenue, FY2025: 24.7B JPYOperating income, FY2021: 480M JPYOperating income, FY2022: 672M JPYOperating income, FY2023: 1.08B JPYOperating income, FY2024: 1.28B JPYOperating income, FY2025: 826M JPYNet income, FY2021: 288M JPYNet income, FY2022: −485M JPYNet income, FY2023: 605M JPYNet income, FY2024: 615M JPYNet income, FY2025: 77M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 21.34B JPY. Revenue FY2022 24.46B JPY. Revenue FY2023 24.58B JPY. Revenue FY2024 26.23B JPY. Revenue FY2025 24.7B JPY. Operating income FY2021 480M JPY. Operating income FY2022 672M JPY. Operating income FY2023 1.08B JPY. Operating income FY2024 1.28B JPY. Operating income FY2025 826M JPY. Net income FY2021 288M JPY. Net income FY2022 −485M JPY. Net income FY2023 605M JPY. Net income FY2024 615M JPY. Net income FY2025 77M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue24.7B JPY26.23B JPY24.58B JPY24.46B JPY21.34B JPY
Cost of goods sold20.71B JPY21.57B JPY20.1B JPY20.52B JPY17.98B JPY
Gross profit3.98B JPY4.66B JPY4.48B JPY3.94B JPY3.36B JPY
Research and development82M JPY78M JPY84M JPY99M JPY
Selling, general, and administrative3.16B JPY3.3B JPY3.32B JPY3.19B JPY2.78B JPY
Operating expenses3.16B JPY3.39B JPY3.4B JPY3.27B JPY2.88B JPY
Interest income11M JPY13M JPY14M JPY7M JPY5M JPY
Interest expense311M JPY361M JPY389M JPY197M JPY62M JPY
Depreciation and amortization1.15B JPY1.12B JPY1.04B JPY947M JPY850M JPY
Operating income826M JPY1.28B JPY1.08B JPY672M JPY480M JPY
Net income77M JPY615M JPY605M JPY−485M JPY288M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
11.24

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates21.111.111.12-8.87Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 31, 2024: actual 8.97, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 19.03, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 4.66, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 7.59, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual -0.17, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 4.75, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual -6.8, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 11.24, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates7.18B6.73B6.29B5.84BQ4 '24BeatQ1 '25MissQ2 '25BeatQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 31, 2024: actual 6.56B JPY, estimate 6.4B JPY, surprise +2.53%, Beat. Q1 2025, reported Jan 31, 2025: actual 6.81B JPY, estimate 6.9B JPY, surprise -1.36%, Miss. Q2 2025, reported Apr 30, 2025: actual 6.62B JPY, estimate 6.29B JPY, surprise +5.13%, Beat. Q3 2025, reported Aug 8, 2025: actual 6.12B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual 6.23B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 6.18B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 6.17B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 6.5B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥11.00

2025 complete year+175.0% since 2020

2026 partial: ¥5.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥9.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥5.00

Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Mar 28, 2025

¥11.00

Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Mar 28, 2024

¥10.00

Annual

Record Mar 31, 2024 · Payment Jun 24, 2024

Dividend

Ex-dividend Mar 30, 2023

¥3.00

Annual

Record Mar 31, 2023 · Payment Jun 26, 2023

Dividend

Ex-dividend Mar 30, 2022

¥5.00

Annual

Record Mar 31, 2022 · Payment Jun 27, 2022

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