Why is Kyoritsu Maintenance Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 4.60%
- The company has been able to generate a Return on Capital Employed (avg) of 4.60% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- Poor long term growth as Operating profit has grown by an annual rate 45.64% of over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 8.14% signifying low profitability per unit of shareholders funds
3
Flat results in Mar 26
- INTEREST COVERAGE RATIO(Q) Lowest at 2,380.69
- RAW MATERIAL COST(Y) Grown by 15.79% (YoY)
- INTEREST(Q) Highest at JPY 347 MM
4
With ROCE of 8.18%, it has a fair valuation with a 1.37 Enterprise value to Capital Employed
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -15.19%, its profits have fallen by -17.4%
5
Below par performance in long term as well as near term
- Along with generating -15.19% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Hotels & Resorts)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Kyoritsu Maintenance Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Kyoritsu Maintenance Co., Ltd.
-15.19%
-0.23
27.56%
Japan Nikkei 225
75.22%
3.09
27.80%
Quality key factors
Factor
Value
Sales Growth (5y)
13.49%
EBIT Growth (5y)
45.64%
EBIT to Interest (avg)
9.53
Debt to EBITDA (avg)
7.28
Net Debt to Equity (avg)
1.24
Sales to Capital Employed (avg)
0.89
Tax Ratio
29.98%
Dividend Payout Ratio
20.37%
Pledged Shares
0
Institutional Holding
0.02%
ROCE (avg)
4.60%
ROE (avg)
8.14%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.73
EV to EBIT
16.70
EV to EBITDA
11.91
EV to Capital Employed
1.37
EV to Sales
1.50
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.18%
ROE (Latest)
12.41%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
14What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at JPY 14.42
NET PROFIT(9M)
Higher at JPY 16,291.28 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 62.41 %
INVENTORY TURNOVER RATIO(HY)
Highest at 12.96 times
DEBTORS TURNOVER RATIO(HY)
Highest at 14.42 times
NET SALES(Q)
Highest at JPY 92,674 MM
-14What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 2,380.69
RAW MATERIAL COST(Y)
Grown by 15.79% (YoY
INTEREST(Q)
Highest at JPY 347 MM
Here's what is working for Kyoritsu Maintenance Co., Ltd.
Net Sales
At JPY 92,674 MM has Grown at 53.77%
over average net sales of the previous four periods of JPY 60,266 MMMOJO Watch
Near term sales trend is extremely positive
Net Sales (JPY MM)
Dividend per share
Highest at JPY 14.42 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Sales
Highest at JPY 92,674 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Debt-Equity Ratio
Lowest at 62.41 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 12.96 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 14.42 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Net Profit
Higher at JPY 16,291.28 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Depreciation
Highest at JPY 2,423 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Kyoritsu Maintenance Co., Ltd.
Interest
At JPY 347 MM has Grown at 16.44%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Interest Coverage Ratio
Lowest at 2,380.69
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at JPY 347 MM
in the last five periods and Increased by 16.44% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Raw Material Cost
Grown by 15.79% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
Non Operating Income
Highest at JPY 0.22 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






