Kawaden Corporation

Kawaden Corporation

TTSE:6648
1,533.00
JPY
-24.00
(-1.54%)
30.99BMarket Cap
Nov 10Next Earn
2014 Y
2015 Y
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
1,137.01
1,205.07
1,285.93
1,199.2
1,175.82
1,213.19
1,311.8
1,162.82
1,142.99
1,227.8
1,332.07
1,512.19
1,654.09
- -
Basic EPS, GAAP
45.91
90.51
107.38
64.18
80.73
55.53
41.33
60.07
40.39
20
46.48
122.58
183.09
- -
Free Cash Flow per Basic Share
39.18
111.23
14.47
93.43
46.01
66.95
21.94
47.59
-149.46
86.38
-7.3
66.52
254.17
- -
Dividend per Share
10
9.96
13.95
14
13.96
16.95
16.01
15.99
15.95
15.98
15.96
17.76
59.12
- -
Book Value per Share
529.04
611.96
702.88
756.42
824.57
859.56
881.24
928.85
954.07
959.19
1,001.49
1,107.93
1,268.7
- -
Tangible Book Value per Share
518.46
602.73
695.55
748.54
816.69
845.81
860.64
912.21
939.36
945.88
986.14
1,088.26
1,247.83
- -
Basic Weighted Avg Shares
16
16
16
16
16
16
16
16
16
16
16
16
16
16
Sales/Revenue/Turnover
18,180
19,299
20,597
19,208
18,833
19,431
21,010
18,624
18,306
19,664
21,334
24,219
26,491
- -
Operating Margin (%)
8.59
13.59
11.91
8.45
7.43
6.36
4.2
8.03
4.96
2.59
5.32
10.69
15.54
- -
Depreciation Expense
355
326
297
338
357
358
415
437
487
608
552
585
580
- -
Net Income, GAAP
734
1,449
1,720
1,028
1,293
889
662
962
647
320
744
1,963
2,932
- -
Effective Tax Rate (%)
45.92
39.14
29.35
36.69
19.1
27.93
33.97
34.35
34.34
33.35
35.44
25.91
28.78
- -
Profit Margin (%)
4.04
7.51
8.35
5.35
6.87
4.58
3.15
5.17
3.53
1.63
3.49
8.11
11.07
- -
Working Capital
6,239
7,663
8,354
9,376
10,142
10,654
10,899
10,594
10,256
10,589
11,240
12,891
14,103
- -
LT Debt
253
142
176
273
168
241
181
203
259
246
198
295
164
- -
Total Equity
8,459
9,802
11,258
12,116
13,207
13,767
14,114
14,876
15,280
15,362
16,040
17,744
20,319
- -
Return on Invested Capital (%)
8.58
14.54
14.27
7.87
8.14
6.04
3.79
6.11
3.61
2.05
4.24
10.18
13.87
- -
Return on Capital (%)
8.03
14.45
15.09
8.21
9.55
6.15
4.45
6.25
4.04
1.98
4.48
10.94
14.62
- -
Return on Common Equity (%)
8.91
15.87
16.33
8.8
10.21
6.59
4.75
6.64
4.29
2.09
4.74
11.62
15.41
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
815
859
- -
LT Borrowings
246
150
- -
LT Finance Leases
- -
14
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
25,241
30,990
28,972

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
18,776
20,291
- -
Cash, Cash Equivalents & STI
8,640
10,838
- -
Accounts Receivable, Net
4,725
3,523
- -
Inventories
3,166
3,749
- -
Total Current Liabilities
5,565
6,188
- -
Payables & Accruals
- -
- -
- -
ST Debt
815
859
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.16%
6.56%
14.51%
Free Cash Flow
-81.9%
-281.8%
282.06%
Net Income, GAAP
23.63%
52.44%
49.37%
Sales/Revenue/Turnover
2.83%
7.42%
9.38%
Total Cash Common Dividend
25.98%
48.8%
232.91%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
24,219
2026
- -
- -
- -
- -
26,491
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
122.58
2026
- -
- -
- -
- -
183.09
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
17.76
2026
- -
- -
- -
- -
59.12
2027
- -
- -
- -
- -
- -

Company Description

CEO
Yoshiyuki Ogawa
Full Time Employees
860
Sector
Producer manufacturing
Industry
Electrical products
Address
3-8-1 Konan, 5th Floor, Minato-ku Nanyo Japan 108-0075
IPO Date
Nov 25, 2004
Business
Kawaden Corporation is a Japanese manufacturer specializing in power distribution control systems and electrical equipment. The company produces a wide range of products including switchgear, switchboards, control panels, distribution boards, monitoring boards, PDU boards, and machine vision lenses such as Full HD varifocal lenses and motorized zoom lenses. Kawaden also provides industrial control valves, electric actuators, automatic emergency shut-off valves, and custom-made electrical equipment tailored for utilities, infrastructure, industrial facilities, and renewable energy applications. Founded in 1947 and headquartered in Nanyo, Yamagata Prefecture, Kawaden serves primarily the Japanese market with growing emphasis on renewable energy and large-scale infrastructure projects. Recently, Kawaden Corporation has intensified focus on high-margin large-scale projects and innovation within its product lines, contributing to a structural improvement in earnings and dividends. It has undergone operational expansions and a stock split (5-for-1) to improve shareholder value. Kawaden also reported remarkable stock market performance with strong growth in revenue and net profit, coupled with strategic moves such as acquiring a significant stake by an unknown buyer from a major shareholder. The company established a solution site and pursued new product offerings enhancing its market position in the power distribution and electrical equipment sectors during the past two years. These developments underscore Kawaden’s commitment to maintaining its leadership and adapting to evolving energy sector demands in Japan. Kawaden Corporation operates an integrated production system encompassing design, manufacture, sales, and installation of its electrical equipment. Its comprehensive portfolio targets utility companies, building and infrastructure projects, and industrial applications with customized solutions. The company remains a key player in Japan’s electrical manufacturing industry, reinforcing its reputation for quality and tailored products that meet stringent safety and performance standards. In summary, Kawaden Corporation is a prominent Japanese electrical equipment manufacturer focusing on power distribution control systems and machine vision components, recently marked by strategic operational expansions, strong financial growth, and a robust market presence predominantly within Japan. It continues to leverage innovation and customization to strengthen its position in critical infrastructure and renewable energy markets.