KOWA CO. LTD.

KOWA CO. LTD.

5.20
EUR
+0.05
(+0.97%)
1.08EPS
5.95P/E
27.42MMarket Cap
Jan 08Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,435.97
1,341.1
1,437.38
1,104.92
1,403.85
1,214.17
1,263.04
1,266.8
1,394.51
1,497.44
1,540.56
1,473.78
Basic EPS, GAAP
63.44
61.79
100.6
-87.52
-86.48
90.06
88.57
88.57
154.7
144.89
102.96
173.8
Free Cash Flow per Basic Share
68.02
108.21
133.87
-74.79
-10.95
128.08
77.94
101.52
150.28
150.08
142.96
- -
Dividend per Share
- -
- -
16.73
26.58
17.05
- -
15.36
24.23
10.53
11.06
11.99
- -
Book Value per Share
143.98
177.67
416.93
293.44
190.42
273.36
441.17
501.52
563.73
703.72
823.96
666.39
Tangible Book Value per Share
132.95
131.62
378.31
263.7
145.18
242.51
417.66
482.37
550.51
690.97
812.25
652.76
Basic Weighted Avg Shares
3
3
4
4
4
4
5
5
5
4
4
4
Sales/Revenue/Turnover
4,892
4,569
5,092
4,522
5,963
5,250
5,718
6,269
6,404
6,368
6,394
6,393
Operating Margin (%)
4.7
7.18
11.05
-6.03
-2.2
7.03
10.33
10.35
14.81
12.52
11.69
13.77
Depreciation Expense
93
64
68
87
247
211
248
225
216
227
230
- -
Net Income, GAAP
216
210
356
-358
-367
389
401
438
710
616
427
754
Effective Tax Rate (%)
0.6
29.42
19.61
- -
- -
6.38
28.46
33.53
25.85
31.84
31.17
22.14
Profit Margin (%)
4.42
4.61
7
-7.92
-6.16
7.42
7.01
6.99
11.09
9.68
6.68
11.79
Working Capital
603
1,301
1,793
2,516
2,360
1,698
1,638
1,646
1,259
2,031
2,767
2,017
LT Debt
535
1,169
681
1,908
3,445
2,254
1,210
898
247
3
153
177
Total Equity
555
706
1,656
1,272
844
1,227
2,249
2,481
2,478
3,005
3,526
2,934
Return on Invested Capital (%)
- -
11.87
18.45
- -
- -
7.56
10.67
11.19
19.09
15.5
14.21
18.31
Return on Capital (%)
- -
11.36
15.4
- -
- -
9.15
10.57
12.01
19.99
17.88
11.71
20.88
Return on Common Equity (%)
- -
33.38
30.18
-24.83
-35.94
38.89
23.69
18.96
29.38
23.12
13.47
27.06

Capital Structure

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
ST Debt
693
839
412
LT Borrowings
24
6
- -
LT Finance Leases
223
201
177
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
6,029
5,255
4,431

Working Capital

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
Total Current Assets
3,295
3,612
4,010
Cash, Cash Equivalents & STI
1,022
1,186
1,725
Accounts Receivable, Net
862
1,081
984
Inventories
1,310
1,226
1,200
Total Current Liabilities
2,036
2,161
1,993
Payables & Accruals
- -
- -
- -
ST Debt
693
839
412
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.24%
26.41%
17.36%
Free Cash Flow
-142.31%
5.79%
-7.03%
Net Income, GAAP
-30.68%
6.09%
-30.65%
Sales/Revenue/Turnover
3.41%
4.11%
0.41%
Total Cash Common Dividend
- -
- -
5.84%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,725
1,549
- -
- -
6,368
2026
- -
- -
- -
- -
6,394
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
52.82
44.42
- -
- -
144.89
2026
- -
- -
- -
- -
102.96
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
11.06
2026
- -
- -
- -
- -
11.99
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hiroshi Yashiro
Full Time Employees
211
Sector
Health technology
Industry
Medical specialties
Address
Kaizan-cho 3-159-1 Osaka OS Japan 590-0982
IPO Date
Nov 28, 2017
Business
Kowa Co., Ltd. is a diversified Japanese enterprise primarily engaged in the manufacturing and sales of nursing care products and welfare equipment, pharmaceuticals, trading, and industrial technology solutions. The company offers a broad range of core products including nursing care and welfare equipment such as walking carts, walking aids, silver carts, handrails, walking canes, bath and toilet-related products, and life-support devices. Kowa also manufactures and sells over-the-counter (OTC) and prescription drugs, medical devices including ophthalmic diagnostic instruments, retinal cameras, and related medical diagnostic equipment. Additional business segments comprise trading of textiles, machinery, construction materials, chemicals, and commodities, as well as manufacturing and sales of factory automation (FA) units, security vision units, robotics system integration, lenses and cameras hardware, embedded software, AI systems, energy saving and energy creating solutions, and environmentally friendly architectural construction. The company operates globally with strategic offices in Japan, the United States, Europe, and Asia, with its headquarters located in Nagoya, Japan. Founded in 1894, Kowa continues to hold a prominent position in healthcare, pharmaceuticals, industrial technologies, and trading sectors. Recent major developments include a strategic capital and business alliance with SPACE WALKER in 2025 aimed at advancing hydrogen energy technology. This partnership focuses on the mass production of next-generation composite high-pressure gas tanks to reduce hydrogen energy transportation costs, supporting decarbonization and energy industry sustainability. Kowa is also conducting feasibility studies for ammonia co-firing technology in India and exploring green fuel value chains in collaboration with the Japan-India Clean Energy Partnership. Additionally, in 2023, Kowa expanded its technological portfolio by integrating AI and advanced robotics through the acquisition of and alliance with Kowa Skymech, enhancing its capabilities in automation and cutting-edge technological solutions. The company has also been active in launching new pharmaceutical products and strengthening distribution partnerships, such as expanding the distribution of its triglycerides-lowering drug Parmodia in Southeast Asia. These initiatives reflect Kowa's strategic shift towards sustainable technologies, healthcare innovation, and expansion across global markets. Industry-wise, Kowa operates in healthcare and welfare products, pharmaceutical manufacturing and sales, industrial machinery and automation, chemical trading, and technologically advanced manufacturing. Its target markets include medical institutions, nursing care providers, industrial clients, and international trading partners. Kowa has subsidiaries and affiliates supporting its diversified operations across Japan, Europe, the Americas, and Asia. The company's sustained investment in R&D and strategic alliances underscores its commitment to innovation and growth while maintaining a strong foundation in its over 130-year history.