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Last ¥1,225 JPY
Change Today -4.00 / -0.33%
Volume 75.7K
6409 On Other Exchanges
Symbol
Exchange
Tokyo
As of 2:00 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

kito corporation (6409) Snapshot

Open
¥1,227
Previous Close
¥1,229
Day High
¥1,240
Day Low
¥1,217
52 Week High
07/24/14 - ¥1,533
52 Week Low
08/15/14 - ¥1,051
Market Cap
33.1B
Average Volume 10 Days
107.2K
EPS TTM
¥77.46
Shares Outstanding
27.0M
EX-Date
09/28/15
P/E TM
15.8x
Dividend
¥28.00
Dividend Yield
2.04%
Current Stock Chart for KITO CORPORATION (6409)

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kito corporation (6409) Details

KITO Corporation manufactures, constructs, sells, repairs, and maintains material handling equipment and their facilities primarily in Japan, China, Asia, the Americas, and Europe. The company offers electric chain hoists, including hook suspension, motorized trolley, plain trolley, geared trolley, single/dual speed, cylinder control, mini trolley, twin hook, ultra low headroom, and explosion-proof type hoists; and medium and high frequency type wire rope hoists. It also provides manual hoists comprising hook suspension, plain trolley connected, and geared trolley connected type hoists; and lever hoists, hoists with overload limiters, and special fixture hoists with wire ropes. In addition, the company offers cranes consisting of single and double girder overhead cranes, single girder low-head cranes, pillar and wall type jib cranes, and applied technology type cranes, as well as provides chain slings. Further, it provides engineering and construction management services. The company was founded in 1932 and is headquartered in Nakakoma-gun, Japan.

2,495 Employees
Last Reported Date: 06/24/15
Founded in 1932

kito corporation (6409) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

kito corporation (6409) Key Developments

KITO Corporation Announces Dividend for the Year Ended March 31, 2015, Payable on June 24, 2015; Provides Dividend Guidance for the Second Quarter and Year Ending March 31, 2016; Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2015; Provides Consolidated Earning Guidance for the Six Months Ending September 30, 2015 and Year Ending March 31, 2016

KITO Corporation announced a dividend of ¥12.50 per share for the year ended March 31, 2015. This dividend is payable on June 24, 2015. The company paid a dividend of ¥25.00 per share for the same period a year ago. Effective October 1, 2014, the company conducted a 2 for 1 stock split of its common stock. Accordingly, the actual dividend amount for the year ended March 31, 2015 prior to the stock split has been recorded. The company provided dividend guidance for the second quarter and year ending March 31, 2016. For the second quarter, the company expects to pay a dividend of ¥14.00 per share against ¥25.00 per share paid a year ago. For the year ending March 31, 2016, the company expects to pay a dividend of ¥14.00 per share against ¥12.50 per share paid a year ago. The company reported consolidated and non-consolidated earnings results for the year ended March 31, 2015. For the year, on consolidated basis, the company reported net sales of ¥49,968 million compared to ¥41,855 million, operating income of ¥3,395 million compared to ¥4,006 million, ordinary income of ¥3,423 million compared to ¥4,094 million and net income of ¥2,026 million or ¥77.11 per diluted share compared to ¥2,361 million or ¥90.42 per diluted share for the last year. Income before income taxes was ¥3,671 million compared to ¥3,806 million for the last year. Return on equity was 8.9% against 12.3% for the same period a year ago. Cash flow from operating activities was ¥3,338 million against ¥4,056 million for the same period a year ago. Payments for the acquisition of tangible noncurrent assets ¥1,365 million against ¥2,087 million for the same period a year ago. For the year, on non-consolidated basis, the company reported net sales of ¥24,514 million compared to ¥22,577 million, operating income of ¥2,640 million compared to ¥2,395 million, ordinary income of ¥3,062 million compared to ¥2,831 million and net income of ¥1,495 million or ¥56.88 per diluted share compared to ¥1,057 million or ¥40.49 per diluted share for the last year. For the six months ending September 30, 2015, the company expects net sales of ¥27,000 million, operating income of ¥1,300 million, ordinary income of ¥1,100 million and net income of ¥500 million or ¥19.06 per share. For the year ending March 31, 2016, the company expects net sales of ¥60,000 million, operating income of ¥5,500 million, ordinary income of ¥5,000 million and net income of ¥3,000 million or ¥114.36 per share.

KITO Corporation, 2015 Earnings Call, May 19, 2015

KITO Corporation, 2015 Earnings Call, May 19, 2015

Kito Corporation Revises Earnings Guidance for the Fiscal Year Ended March 31, 2015

Kito Corporation revised earnings guidance for the fiscal year ended March 31, 2015. For the year, the company now expects net sales of JPY 50,000, operating income of JPY 3,350 million, ordinary income JPY 3,380 million, net income of JPY 1,900 million and net income per share of JPY 72.67 against its previous forecast of net sales of JPY 50,000, operating income of JPY 4,800 million, ordinary income of JPY 4,600 million, net income of JPY 3,100 million and net income per share of JPY 118.67.

 

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Industry Analysis

6409

Industry Average

Valuation 6409 Industry Range
Price/Earnings 15.5x
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 16.0x
TEV/Sales 0.0x
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