Kayac (3904.T) Stock Price

Kayac Price

JPX·CLOSED
417.00JPY+4.00 (+0.96 %)
Market closed

Revenue has compounded at 17.1% per year over the past 12 years to 16.73 B JPY. Earnings per share have declined at 0.8% per year over the last 11 years. Kayac's net margin stands at 0.9%, down from 5.8% several years earlier. Kayac currently offers a dividend yield of about 0.94%. The payout ratio is around 42% of earnings. The stock trades about 10% above its 52-week low.

Kayac stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Kayac over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Kayac stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Kayac's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Kayac Stock Price History
DateKayac Price
7/24/2026417.00 JPY
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7/31/2025440.00 JPY
7/30/2025442.00 JPY
7/29/2025444.00 JPY
7/28/2025443.00 JPY
Access this data via the Eulerpool API

Kayac Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
6.09 B JPY
675.35 M JPY
507.46 M JPY
Jan 1, 2018
5.82 B JPY
-391.51 M JPY
-253.84 M JPY
Jan 1, 2019
6.38 B JPY
-535.39 M JPY
-304.97 M JPY
Jan 1, 2020
8.75 B JPY
744.58 M JPY
505.21 M JPY
Jan 1, 2021
12.57 B JPY
1.14 B JPY
828.84 M JPY
Jan 1, 2022
16.50 B JPY
1.21 B JPY
779.84 M JPY
Jan 1, 2023
17.47 B JPY
1.02 B JPY
511.18 M JPY
Jan 1, 2024
16.73 B JPY
358.02 M JPY
149.05 M JPY

Kayac Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 26, 2026, 7:52 PM
 
REVENUEB JPY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB JPY
EBITB JPY
EBIT MARGIN%
NET INCOMEM JPY
NET INCOME GROWTH%
DIV.JPY
DIV. GROWTH%
SHARESM
2012201320142015201620172018201920202021202220232024
2.512.802.903.715.506.095.826.388.7512.5716.5017.4716.73
11.863.3527.9448.3710.73-4.459.7337.0943.6331.325.85-4.24
30.8234.5838.8138.5242.9537.4922.6420.3945.2447.2147.9652.8153.95
0.770.971.121.432.362.281.321.303.965.937.929.239.03
-0.160.220.200.390.640.68-0.39-0.540.741.141.211.020.36
-6.197.856.8410.5811.7011.09-6.72-8.388.509.097.305.852.14
-122.00131.00118.00261.00477.00507.00-253.00-304.00505.00828.00779.00511.00149.00
-207.38-9.92121.1982.766.29-149.9020.16-266.1263.96-5.92-34.40-70.84
3.907.804.003.907.807.807.807.80
100.00-48.72-2.50100.00
13.1013.1013.4615.3915.3715.4215.0915.1515.3315.3515.7416.1916.11
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Kayac generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Kayac retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Kayac's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Kayac has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Kayac's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Kayac stock margins

The Kayac margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Kayac. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Kayac.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
37.50 %
11.09 %
8.34 %
Jan 1, 2018
22.65 %
-6.73 %
-4.36 %
Jan 1, 2019
20.39 %
-8.39 %
-4.78 %
Jan 1, 2020
45.25 %
8.51 %
5.77 %
Jan 1, 2021
47.21 %
9.09 %
6.60 %
Jan 1, 2022
47.97 %
7.31 %
4.73 %
Jan 1, 2023
52.82 %
5.85 %
2.93 %
Jan 1, 2024
53.96 %
2.14 %
0.89 %

Kayac Stock Revenue, EBIT, Earnings per Share

The Kayac earnings per share therefore indicates how much revenue Kayac has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
394.70 JPY
43.79 JPY
32.91 JPY
Jan 1, 2018
385.51 JPY
-25.95 JPY
-16.82 JPY
Jan 1, 2019
421.25 JPY
-35.34 JPY
-20.13 JPY
Jan 1, 2020
570.73 JPY
48.57 JPY
32.96 JPY
Jan 1, 2021
818.52 JPY
74.39 JPY
53.99 JPY
Jan 1, 2022
1,048.22 JPY
76.59 JPY
49.54 JPY
Jan 1, 2023
1,079.10 JPY
63.13 JPY
31.58 JPY
Jan 1, 2024
1,038.44 JPY
22.23 JPY
9.25 JPY

Kayac business model & stock analysis

The company Kayac Inc is a Japanese company that was founded in 1998 by three friends. The idea behind the founding was to create innovative and creative digital content that has the potential to change the world. The company is headquartered in Kyoto and currently employs over 300 employees. Kayac Inc's business model is based on the development of digital content and the creation of digital platforms for clients. The company offers a wide range of services, ranging from the creation of mobile apps to web development to the creation of interactive installations for businesses. Kayac Inc is divided into various divisions, including mobile development, web production, animation production, advertising and marketing, game development, and others. Each division offers different services and works closely together to develop creative and innovative solutions for their clients. One of Kayac Inc's most popular products is the app called "Pechkeks," which is based on a well-known German brand of outrageous cookies. The app gives users random and sometimes unpleasant messages to make them feel better. The app was a huge success and has been downloaded millions of times. Another well-known product of Kayac Inc is the website "Culturie," which allows users to create and share their own digital art exhibitions. The platform offers a variety of tools for users to present and make their artworks interactive. Kayac Inc has also invested in the field of virtual reality (VR) and offers VR development and design services to its clients. For example, the company produced a VR game called "Escape VR," which immerses players in a realistic digital environment and challenges them to solve puzzles to escape. Kayac Inc has also formed partnerships with other companies to develop innovative products and services. An example of this is the company Tamiya, with whom Kayac Inc developed "Tamiya Remote Control for Smartphones," an app that allows Tamiya vehicles to be controlled directly from a smartphone. In summary, Kayac Inc is a company specializing in the development of digital content and services and has had an unparalleled success story since its founding in 1998. The company has invested in various divisions and products and is always working to develop innovative and creative digital solutions that provide real value to its clients.

Kayac SWOT Analysis

Strengths

  • Strong reputation in the software and IT industry
  • Extensive experience and expertise in developing innovative solutions
  • Wide range of services and products offered to customers
  • Strategic partnerships and collaborations with industry leaders
  • Efficient project management and streamlined operational processes

Weaknesses

  • Limited market presence outside Japan
  • Relatively small market share compared to larger competitors
  • Dependency on key clients for a significant portion of revenue
  • Lack of diversification in terms of industry sectors served
  • Potential difficulty in adapting to rapidly changing technology trends

Opportunities

  • Expansion into international markets to enhance growth and market share
  • Use of emerging technologies, such as artificial intelligence and blockchain, to develop new offerings
  • Capitalizing on the increasing demand for custom software development
  • Collaboration opportunities with startups and other technology-driven companies
  • Offering specialized services for niche industries with untapped potential

Threats

  • Intense competition from larger and more established players in the industry
  • Economic downturns and financial instability impacting client spending on IT services
  • Rapid technological advancements leading to quick obsolescence of existing solutions
  • Potential security breaches and data privacy concerns affecting customer trust
  • Changes in government regulations and policies affecting the business environment

Kayac Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Kayac historical P/E ratio, EBIT multiple, and P/S ratio

Kayac annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Kayac shares outstanding

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
15.42 M Stocks
Jan 1, 2018
15.09 M Stocks
Jan 1, 2019
15.15 M Stocks
Jan 1, 2020
15.33 M Stocks
Jan 1, 2021
15.35 M Stocks
Jan 1, 2022
15.74 M Stocks
Jan 1, 2023
16.19 M Stocks
Jan 1, 2024
16.11 M Stocks

Kayac stock splits

In Kayac's history, there have been no stock splits.

Kayac Dividend History

9 years of dividend payments

YearAnnual DividendYoY ChangePayments
20253.90JPY 0.0%
Dec 29, 20253.90JPY 0.0%1/1
20243.90JPY 0.0%
20233.90JPY 0.0%
20223.90JPY 0.0%
20213.90JPY 0.0%
20203.90JPY 95.0%
20192.00JPY 0.0%
20182.00JPY 48.7%
20173.90JPY

Kayac dividend payout ratio

  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
11.85 %
Jan 1, 2018
-11.89 %
Jan 1, 2019
20.79 %
Jan 1, 2020
11.83 %
Jan 1, 2021
7.22 %
Jan 1, 2022
7.87 %
Jan 1, 2023
12.35 %
Jan 1, 2024
42.15 %
Price targets and forecasts for Kayac are not yet available.

Kayac shareholder structure

% Name
23.46089%
Yanasawa (Daisuke)
Yanasawa (Daisuke)
20.06022%
Kaihata (Masanori)
Kaihata (Masanori)
18.16807%
Kuba (Tomoyoshi)
Kuba (Tomoyoshi)
3.38763%
Kamakura Investment Management Co., Ltd.
Kamakura Investment Management Co., Ltd.
3.34790%
Cainz Company
Cainz Company
0.96222%
Yamada (Tomonori)
Yamada (Tomonori)

Kayac Executives and Management Board

DY

Mr. Daisuke Yanasawa

(43)

Chief Executive Officer, Executive Officer, Representative Director · since 2005

MK

Mr. Masanori Kaihata

(49)

Chief Technology Officer, Executive Officer, Representative Director · since 2005

SS

Mr. Shiro Shibata

Executive Officer, Chief Director of Administration

KF

Mr. Koji Fujikawa

(44)

Executive Officer · since 2013

NK

Mr. Naohiro Kitagawa

Executive Officer

Kayac Supply Chain

Kayac Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
6 companies
#Name1M3M6M1Y2YTrend
1
Alphabet A
Supplier
0.57
-0.09
-0.45
-0.47
-0.42
2
Atrae
Supplier
0.75
0.04
-0.46
-0.30
-0.40
3
Apple
Supplier
0.38
0.37
-0.11
-0.24
-0.31
4
ORO
Supplier
0.38
-0.43
-0.53
-0.17
-0.02
5
-0.12
0.61
0.54
0.41
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Frequently asked questions about Kayac

Kayac Inc is an innovative Japanese company with a unique business model. The core of their business lies in digital entertainment and advertising services. As a leading provider in the industry, Kayac Inc focuses on creating captivating and immersive experiences through interactive technologies. By combining their expertise in gaming, app development, and advertising, they are able to deliver remarkable solutions and campaigns for their clients. With their strong emphasis on creativity and technology, Kayac Inc continues to revolutionize the digital entertainment landscape, making them a prominent player in the industry.

All fundamentals and in-depth analysis of Kayac

Our stock analysis for Kayac stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Kayac. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.