Kao KK

4452

Equity

ISIN JP3205800000 / Valor 762224

Tokyo Stock Exchange (2024-09-13)

JPY 6,841.00-1.10%

Kao KK
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Kao KK is a Japanese multinational corporation specializing in consumer goods, with a strong presence in the beauty care, health care, and home care sectors. The company is known for its wide range of products, including cosmetics, skin and hair care items, sanitary products, and household cleaning supplies. Established in 1887, Kao has grown to become a significant player in the global market, leveraging its extensive research and development capabilities to innovate and meet consumer needs. The company's corporate philosophy, known as the "Kao Way," serves as a guiding principle for its business activities, emphasizing both corporate growth and individual development. This philosophy was updated in 2021 to support Kao's ongoing transformation and future-oriented goals.

Summarized from source with an LLMView SourceSector: Healthcare

Net Sales

Kao KK reported net sales of 787,987 million yen for the six months ended June 30, 2024, reflecting a 6.7% increase compared to the same period in 2023. This growth was driven by a combination of volume and price increases, as well as favorable currency translation effects.

Operating Income

For the six months ended June 30, 2024, Kao KK achieved an operating income of 64,408 million yen, marking a significant 124.9% increase from the previous year. This substantial growth in operating income underscores the company's improved operational efficiency and cost management.

Net Income

Kao KK's net income for the six months ended June 30, 2024, was 44,819 million yen, representing a remarkable 152.8% increase compared to the same period in 2023. This surge in net income highlights the company's strong financial performance and profitability during the period.

Dividends

Kao KK announced an annual cash dividend of 152.00 yen per share for the fiscal year ending December 31, 2024, up from 150.00 yen per share in the previous fiscal year. The scheduled commencement date for dividend payments is September 2, 2024.

Financial Outlook

Looking ahead, Kao KK has revised its forecast for the fiscal year ending December 31, 2024. The company now expects net sales to reach 1,600,000 million yen, with an operating income of 140,000 million yen, reflecting a 133.2% year-on-year increase. Net income attributable to owners of the parent is projected to be 104,000 million yen, a 137.1% increase from the previous year.

Summarized from source with an LLMView Source

Key figures

22.5%1Y

0.07%3Y

-13.4%5Y

Performance

21.0%1Y

21.7%3Y

22.4%5Y

Volatility