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Pilot Corporation manufactures, purchases, and sells writing instruments, and other stationery products and toys in Japan, the Americas, Europe, and Asia. The company provides writing instruments, including gel ink roller ball, fountain, and frixion point knock pens; and markets stationery and recycling toner cartridges, as well as engages in the ceramic and jewellery businesses. The company was founded in 1918 and is headquartered in Tokyo, Japan.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Pilot Corporation is a Japan-based manufacturer of writing instruments and related stationery, producing pens, mechanical pencils, inks and accessories for domestic and international markets. Long-term growth drivers include demand for premium and specialty writing instruments, product innovation in inks and pen technologies, and expansion through e-commerce and overseas channels that could support incremental market share. Investors may find the company attractive for its established brand, diversified product mix and long operating history.
Principal risks include secular declines in overall writing-volume from digitization, competitive pressure from low-cost producers, and exposure to currency and raw-material cost volatility that investors should monitor.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 22638.00M | 20501.00M | 14323.00M | 19203.00M | - |
| Minority interest | -82.00M | -88.00M | 1133.00M | 1368.00M | 1355.00M |
| Net income | 15773.00M | 14270.00M | 9933.00M | 13277.00M | - |
| Gross profit | 60112.00M | 54193.00M | 45238.00M | 54900.00M | - |
| Reconciled depreciation | 3822.00M | 3679.00M | 4007.00M | 3802.00M | - |
| Ebit | 21245.00M | 19326.00M | 14141.00M | 19142.00M | 20932.00M |
| Ebitda | 26570.00M | 24285.00M | 18472.00M | 23229.00M | - |
| Operating income | 21245.00M | 19326.00M | 14141.00M | 19141.00M | - |
| Interest expense | 110.00M | 105.00M | 142.00M | 224.00M | 0.00M |
| Tax provision | 6782.00M | 6142.00M | 4147.00M | 5884.00M | - |
| Interest income | 320.00M | 87.00M | 68.00M | 129.00M | - |
| Net interest income | 210.00M | -18.00M | -74.00M | -95.00M | - |
| Income tax expense | 6782.00M | 6142.00M | 4147.00M | 5884.00M | 6433.00M |
| Total revenue | 112850.00M | 103057.00M | 87096.00M | 103714.00M | - |
| Total operating expenses | 91605.00M | 83731.00M | 72955.00M | 84572.00M | - |
| Cost of revenue | 52738.00M | 48864.00M | 41858.00M | 48813.00M | - |
| Net income from continuing ops | 15856.00M | 14359.00M | 10176.00M | 13319.00M | - |
| Net income applicable to common shares | 15773.00M | 14270.00M | 9933.00M | 13277.00M | 14589.00M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 166468.00M | 156542.00M | 143155.00M | 123571.00M | 125934.00M |
| Intangible assets | 6328.00M | 6268.00M | 6312.00M | 6255.00M | 6139.00M |
| Other current assets | 6429.00M | 4990.00M | 4022.00M | 3225.00M | 3299.00M |
| Total liab | 34124.00M | 38552.00M | 40808.00M | 35698.00M | 44757.00M |
| Total stockholder equity | 130408.00M | 116554.00M | 101053.00M | 86740.00M | 79809.00M |
| Other current liab | 11996.00M | 14492.00M | 10991.00M | 5968.00M | 8247.00M |
| Common stock | - | 2340.00M | 2340.00M | 2340.00M | 2340.00M |
| Capital stock | 2340.00M | 2340.00M | 2340.00M | 2340.00M | 2340.00M |
| Retained earnings | 129116.00M | 119401.00M | 106389.00M | 103577.00M | 95615.00M |
| Other liab | - | 1744.00M | 1640.00M | 1809.00M | 1738.00M |
| Other assets | - | 4423.00M | 2501.00M | 1721.00M | 2459.00M |
| Cash | 39171.00M | 46128.00M | 46515.00M | 38313.00M | 32815.00M |
| Total current liabilities | 31567.00M | 36792.00M | 39126.00M | 27229.00M | 32776.00M |
| Short long term debt | 2137.00M | 4449.00M | 9368.00M | 7818.00M | 7281.00M |
| Other stockholder equity | - | -2252.00M | -4718.00M | -7029.00M | -5997.00M |
| Property plant equipment | - | 31023.00M | 28217.00M | 27097.00M | 27869.00M |
| Total current assets | 107138.00M | 106606.00M | 98916.00M | 82480.00M | 83303.00M |
| Net tangible assets | - | 110286.00M | 94742.00M | 80486.00M | 73671.00M |
| Net receivables | 24243.00M | 22654.00M | 22459.00M | 18657.00M | 23580.00M |
| Long term debt | 494.00M | 16.00M | 41.00M | 6659.00M | 10242.00M |
| Inventory | 37295.00M | 32834.00M | 25920.00M | 22285.00M | 23609.00M |
| Accounts payable | 12148.00M | 14354.00M | 14161.00M | 9690.00M | 13355.00M |
| Non currrent assets other | 1015.00M | 859.00M | 753.00M | 810.00M | 1156.00M |
| Non current assets total | 59327.00M | 49934.00M | 44236.00M | 41088.00M | 42629.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -1406.00M | -50.00M | -59.00M | 16.00M | 881.00M |
| Change to liabilities | 50.00M | 4406.00M | -3666.00M | -31.00M | -257.00M |
| Total cashflows from investing activities | -5350.00M | -3598.00M | -4461.00M | -5481.00M | -2920.00M |
| Net borrowings | -5317.00M | -5437.00M | -2793.00M | -197.00M | -5306.00M |
| Total cash from financing activities | -8370.00M | -7965.00M | -5397.00M | -2089.00M | -6866.00M |
| Change to operating activities | -165.00M | -547.00M | 411.00M | -484.00M | -693.00M |
| Net income | 15773.00M | 14270.00M | 9933.00M | 13277.00M | 14589.00M |
| Change in cash | -399.00M | 8119.00M | 5235.00M | 7703.00M | 4323.00M |
| Begin period cash flow | 45844.00M | 37724.00M | 32488.00M | 24785.00M | - |
| End period cash flow | 45444.00M | 45844.00M | 37724.00M | 32488.00M | 24785.00M |
| Total cash from operating activities | 13753.00M | 19815.00M | 15137.00M | 15189.00M | 14116.00M |
| Issuance of capital stock | 11.00M | - | - | - | - |
| Depreciation | 3822.00M | 3560.00M | 3888.00M | 3683.00M | 3132.00M |
| Other cashflows from investing activities | -88.00M | 1.00M | 10.00M | -49.00M | -15.00M |
| Dividends paid | 2760.00M | 2264.00M | 1971.00M | 1672.00M | 1516.00M |
| Change to inventory | -4632.00M | -2168.00M | 679.00M | -819.00M | -2567.00M |
| Change to account receivables | 1403.00M | -2913.00M | 4302.00M | 120.00M | 337.00M |
| Sale purchase of stock | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Other cashflows from financing activities | -304.00M | -264.00M | -633.00M | -220.00M | -44.00M |
| Change to netincome | -9363.00M | -3024.00M | -4800.00M | -6483.00M | -6930.00M |
| Capital expenditures | 4316.00M | 3313.00M | 4719.00M | 5197.00M | 3628.00M |
| Change in working capital | -3385.00M | -554.00M | 1355.00M | -1289.00M | - |
| Other non cash items | -244.00M | -882.00M | 96.00M | -160.00M | - |
| Free cash flow | 9240.00M | 16240.00M | 10083.00M | 9673.00M | - |
Sector: Industrials Industry: Business Equipment & Supplies
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| POGHF Pilot Corporation |
- -% |
13.28 | 13.17 | - | 0.01 | 1.32 | 0.01 | 0.03 |
| RICOY Ricoh Company Ltd |
-0.10 0.88% |
11.23 | 16.72 | 9.37 | 0.00 | 0.79 | 0.42 | 10.64 |
| RICOF Ricoh Company Ltd |
- -% |
9.54 | 15.07 | 9.17 | 0.00 | 0.71 | 0.43 | 10.87 |
| KUKYF Kokuyo Co., Ltd. |
- -% |
5.59 | 19.96 | - | 0.01 | 1.14 | 0.57 | 4.86 |
| KNCAY Konica Minolta Inc |
- -% |
8.20 | 9.64 | 12.33 | 0.00 | 0.56 | 0.54 | 5.15 |
Pilot Corporation manufactures, purchases, and sells writing instruments, and other stationery products and toys in Japan, the Americas, Europe, and Asia. The company provides writing instruments, including gel ink roller ball, fountain, and frixion point knock pens; and markets stationery and recycling toner cartridges, as well as engages in the ceramic and jewellery businesses. The company was founded in 1918 and is headquartered in Tokyo, Japan.
| Name | Title | Year Born |
|---|---|---|
| Mr. Shu Itoh | Pres & Representative Director | 1956 |
| Toyoichi Nakagawa | Accounting Mang. | NA |
| C. H. Tan | Sr. Exec. Officer | NA |
| Mr. Dennis Burleigh | Sr. Exec. Officer | 1953 |
| Masakazu Shirakawa | Sr. Managing Exec. Officer & Representative Director | NA |
| Kazuhiko Yokoyama | Sr. Exec. Officer & Director | NA |
| Katsuji Hatano | Sr. Exec. Officer & Director | NA |
| Fumio Fujisaki | Sr. Exec. Officer & Director | NA |
| Takeshi Kodaira | Sr. Exec. Officer & Director | NA |
| Toshio Araki | Managing Exec. Officer & Director | NA |
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