Introducing high-dividend stocks - 7949 KOMATSU WALL INDUSTRY

Today I will talk about KOMATSU WALL INDUSTRY, which manufactures and sells partitions. 

※The above images are from KOMATSU WALL INDUSTRY s website

7949 KOMATSU WALL INDUSTRY

KOMATSU WALL INDUSTRY, headquartered in Ishikawa Prefecture, manufactures and

sells movable partitions mainly for office buildings, large moving walls, and toilet stalls.

They are aiming to become the top comprehensive partition manufacturer in Japan without expanding overseas.

 

¥1,753 (1/15 last closing price)

The latest stock price ← click here  Trading unit: 100

The final month of the settlement: March  

Dividend yield 4.85 %  

PER 16.21   PBR 0.48

Equity ratio 85.9 %

 

It seems that the demand for infection prevention items is increasing in facilities such as hospitals.

They also plan to open a new showroom in Tokyo in April to expand sales for high-rise buildings

in the Tokyo metropolitan area.

I believe KOMATSU WALL INDUSTRY has a robust financial standing with less interest-bearing debt

and stable high dividends, which makes it reliable for investors amid the corona disaster.

 

Transition of business results

 

Net sales

Operating profit

Net profit

Net profit per share

dividend

Dividend payout ratio

2018.3

31,713

2,302

1,618

175.5

65

37%

2019.3

34,635

3,047

2,048

222.1

70

32%

2020.3

37,487

3,745

2,580

279.6

85

30%

2021.3

33,000

1,500

1,000

108.0

85

79%

※Unit of sales, operating profit, net income is one-million yen

※The figure for March 2021 is the predicted value

 

Cash flow statement

2020.3

2019.3

CF operating activities

3,360

2,424

CF investing activities

2,537

779

CF financing activities

757

613

※One unit is one hundred million yen

Note: You should be responsible for your own investment. Please make your own final judgment.