King Co., Ltd. Hits Day High with 7.61% Surge Amid Market Decline

King Co., Ltd., a small-cap player in the footwear industry, has experienced a significant uptick in its stock performance today, gaining 7.61% as of February 24, 2026. The stock reached an intraday high of JPY 1,159.00, marking a notable achievement in its trading activity. In terms of performance metrics, King Co. has shown impressive results over various time frames. The stock has surged 14.75% over the past week and 23.43% over the last month, significantly outperforming the Japan Nikkei 225 index, which has seen declines in the same periods. Over the past year, King Co. has delivered a robust 57.05% return, compared to the Nikkei's 46.92%. Despite these positive short-term trends, the company faces challenges in management efficiency, reflected in a low return on equity of 2.31%. Additionally, long-term growth has been hindered by a decline in net sales and operating profit over the past five years. The stock's current valuation, with a price-to-book ratio of 1.01, indicates it is trading at a premium relative to its peers.