Kao Corporation

Kao Corporation

4452.T
Kao CorporationJP flagTokyo Stock Exchange
3,301.00
JPY
-26.00
- -
2.99TMarket Cap
Kao Corporation
4452.T
(Tokyo Stock Exchange)

Recent

price

3,301.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1,113.4
1,164.97
- -
1,279.71
1,377.78
1,470.59
1,459.51
1,511.1
1,541.66
1,554.32
1,436.81
1,491.99
1,652.04
1,648.47
1,752.42
1,830.25
1,701.84
Revenue per Share
43.85
50.23
- -
63.02
78.23
104.91
126.72
149.15
157.13
153.35
131.15
115.29
91.64
47.19
115.97
130.15
76.01
Basic EPS, GAAP
112.17
76.61
- -
115
87.93
106.76
104.75
97.3
110.01
155.97
150.61
109.37
57.2
146.32
144.32
- -
150.45
Free Cash Flow per Basic Share
29.19
29.03
- -
32.91
33.28
37.04
44.25
51.03
58.11
62.61
67.56
71.36
73.42
74.58
75.59
- -
75.08
Dividend per Share
509.73
428.8
915.33
458.66
508.57
583.15
651.99
730.79
772.29
813.52
898.59
911.94
879.56
857.51
897.71
869.31
867.01
Book Value per Share
250.11
299.11
746.96
437.87
467.89
536.59
539.69
673.46
622.26
666.27
741.18
786.33
791.74
766.25
848.5
849.92
828.96
Tangible Book Value per Share
1,066
1,044
522
1,028
1,017
1,003
999
986
978
966
962
951
939
930
929
923
930
Basic Weighted Avg Shares
1,186,831
1,216,096
- -
1,315,217
1,401,707
1,474,550
1,457,610
1,489,421
1,508,007
1,502,241
1,381,997
1,418,768
1,551,059
1,532,579
1,628,448
1,688,633
1,582,039
Sales/Revenue/Turnover
8.81
8.93
- -
9.48
9.51
11.35
12.73
13.75
13.77
14.09
12.7
10.12
7.1
3.92
9.01
9.72
5.82
Operating Margin (%)
81,380
79,798
- -
77,297
79,660
57,423
51,116
54,508
60,662
83,369
86,080
87,341
89,738
89,595
88,422
- -
89,377
Depreciation Expense
46,737
52,435
- -
64,764
79,590
105,196
126,551
147,010
153,698
148,213
126,142
109,636
86,038
43,870
107,767
120,081
70,660
Net Income, GAAP
50.17
48.24
- -
42.75
36.56
36.19
30.28
27.26
25.05
28.62
26.39
25.72
24.26
27.7
26.92
29
26.47
Effective Tax Rate (%)
3.94
4.31
- -
4.92
5.68
7.13
8.68
9.87
10.19
9.87
9.13
7.73
5.55
2.86
6.62
7.11
4.47
Profit Margin (%)
68,638
158,039
-315,874
255,651
239,973
329,971
284,892
367,709
295,474
304,499
352,992
387,895
320,582
358,129
404,425
387,697
404,383
Working Capital
70,045
100,048
50,066
80,094
80,188
120,207
90,357
95,322
80,339
243,074
223,954
242,597
177,780
228,013
189,433
196,205
226,470
LT Debt
539,564
549,704
605,704
642,640
638,388
691,987
691,463
819,364
835,509
871,421
938,194
983,877
995,384
1,012,043
1,098,835
1,094,700
1,087,127
Total Equity
6.98
8.12
- -
9.54
10.95
13.24
15.32
16.38
15.85
13.82
10.61
8.47
6.55
3.39
8.08
8.52
5.06
Return on Invested Capital (%)
6.62
8.12
- -
10.93
13.07
15.88
17.2
18.11
17.81
15.15
11.47
9.52
7.6
4.01
9.84
11.18
6.43
Return on Capital (%)
8.73
10.58
- -
13.65
16.1
19.09
20.48
21.44
20.83
19.23
15.28
12.66
10.16
5.41
13.21
14.68
8.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
33,059
47,726
32,410
LT Borrowings
124,441
119,578
124,724
LT Finance Leases
103,572
104,651
101,746
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
930
930
929
Market Capitalization
5,392,328
5,241,807
6,064,755

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
818,063
803,073
868,615
Cash, Cash Equivalents & STI
298,259
262,401
313,192
Accounts Receivable, Net
225,934
226,538
240,825
Inventories
263,753
276,830
279,041
Total Current Liabilities
459,934
450,873
464,232
Payables & Accruals
- -
- -
- -
ST Debt
33,059
47,726
32,410
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.83%
3.18%
-0.38%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
9.6%
14.69%
11.43%
Sales/Revenue/Turnover
1.47%
4.15%
3.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
365,797
422,191
- -
- -
1,628,448
2025
- -
- -
- -
- -
1,688,633
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.72
28.99
- -
- -
115.97
2025
- -
- -
- -
- -
130.15
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36.79
0.74
- -
- -
75.59
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Kao Corporation is a Japanese multinational company engaged in the manufacture and sale of consumer products and chemicals, operating primarily in the beauty care, personal care, household, and chemical sectors. The company’s core products include skin care; hair care, hair styling, and hair color products; oral care; body care; sunscreen; household cleaning and laundry detergents; fabric care products; disinfecting products; and specialty chemicals for industrial use. Kao markets well-known brands such as Curél, John Frieda, Biore, Molton Brown, Sensai, Sofina, Kanebo, Kate, and the recently acquired Australian suncare and self-tanning brand Bondi Sands. It also offers professional-use cleaning products and commercial detergents through its subsidiaries. Kao leverages its research and development capabilities in dermatology, bioscience, and chemical technologies to innovate across its diverse portfolio. The company maintains operations in over 100 countries and regions worldwide. Recent major changes include Kao’s acquisition of Bondi Sands in 2023, expanding its portfolio in skin protection, suncare, and body care markets globally. Kao has outlined a renewed global growth strategy for its cosmetics business focusing on six core brands—Sensai, Molton Brown, Kanebo, Sofina, Curél, and Kate—with tailored overseas expansion models aimed at increasing sales significantly by 2027, particularly in Asia and Europe. Technological advances integrating AI with human expertise aim to boost sales capabilities, streamline supply chains, and reduce costs. In addition, Kao has entered a multi-year purchase agreement with U.S.-based Future Origins for sustainable fatty alcohol ingredients used in detergents and cosmetics, enhancing its supply chain resilience and commitment to sustainability. Kao also continues strategic partnerships for supply chain management in regions like the UK, supporting its expanded brand portfolio. Founded in 1887 and headquartered in Tokyo, Japan, Kao Corporation operates through segments including Beauty Care, Health and Living Care, and Chemical Business Units. Its products target a broad consumer base encompassing everyday household users, beauty and personal care consumers, and professional commercial clients. The company’s sustained emphasis on technology-driven product innovation, global brand development, and strategic acquisitions characterize its current operational focus. Overall, Kao Corporation positions itself as a leading player in the global consumer goods market through comprehensive product offerings in personal care, beauty, household products, and chemicals, supported by continuous innovation, strategic global expansion, and recent brand acquisitions such as Bondi Sands enhancing its skin protection and suncare portfolio. Its integrated approach combining science, technology, and market expertise aims at sustainable long-term growth in competitive markets worldwide.