# KING JIM CO.,LTD.: business model and financials

> Latest period: FY ending Jun 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第78期(2025/06/21－2026/06/20) (S100Z29T)
> Page: https://vizora.meequs.com/en/company/king-jim
> Retrieved: 2026-09-30T20:25:06.677Z

## Company

King JIM, founded in 1948, is a company in Furniture, Interior & Lifestyle Goods listed on TSE Prime. It has 1,661 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | KING JIM CO., LTD. |
| Ticker | 7962 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7962.T) |
| Listing | TSE Prime |
| Head office | 東京都千代田区東神田二丁目10番18号 |
| Representative (per filing) | 代表取締役社長 木村 美代子 |
| Founded | Aug 1948 |
| Share capital | ¥1.98B |
| Employees (consolidated) | 1,661 |
| Average salary (parent only) | ¥6.4M |
| Fiscal year end | June |
| Website | www.kingjim.co.jp (https://www.kingjim.co.jp/) |
| Corporate number | 8010001014924 |
| EDINET | E02398 |
| Industries (Vizora) | Furniture, Interior & Lifestyle Goods, Stationery & Office Supplies |

> Profile source: annual securities report (S100Z29T, filed 2026-09-16). As of filing

## Five-axis industry profile

Primary industry: Stationery & Office Supplies (2026-06-20)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 28.1 | 16 |
| Profitability | 34.4 | 16 |
| Cash conversion | 96.2 | 13 |
| Efficiency | 59.4 | 16 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 64% of King JIM's sales come from Stationery and office supply, with Life style products making up much of the rest.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.
- Revenue changed -1.3% from the prior year, operating profit +109.9%.

## Company structure

- Segment revenue mix: Stationery and office supply 63.6%、Life style products 36.4%
- Revenue → net income: ¥39134788000 → ¥1000443000
- Net income → operating cash flow: ¥1000443000 → ¥2114256000（difference ¥1113813000）
- Main uses of operating cash flow: CapEx ¥755563000 / dividends ¥394887000 / buybacks —
- Change in cash: ¥-35943000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥39.1B |  |
| Operating income | ¥1.13B | Margin 2.9% |
| Net income | ¥1B | Margin 2.6% |
| Free cash flow | ¥1.36B |  |
| Largest business | Stationery and office supply | of segment revenue 63.6% |
| Employees (consolidated) | 1,661 |  |
| EPS | ¥32.37 |  |
| Diluted EPS | ¥32.24 |  |
| Book value per share | ¥726.09 |  |
| Equity ratio | 70.0% |  |
| Shares outstanding | 31,459,692 |  |
| Treasury shares | 3,299,500 |  |
| Shareholders | 22,954 |  |
| Average salary (parent only) | ¥6.4M | Filing company only |
| Cash ratio | 17.0% | Cash ÷ revenue 16.3% |
| Vs. industry median margin | -1.7 pp | Stationery & Office Supplies |
| ROE | 4.4% | Derived from disclosed figures |
| ROA | 2.7% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 2.1× net income
- FY2026, employees -4% while operating income rose 110%

## What changed in 5 years

| Metric | FY ending Jun 2021 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥36319071000 | ¥39134788000 | +7.8% |
| Operating income | ¥2416805000 | ¥1128910000 | -53.3% |
| Operating margin | 6.7% | 2.9% | -3.8 pp |
| Employees | 2,157 people | 1,661 people | -23.0% |
| Cash and equivalents | ¥7032921000 | ¥6363511000 | -9.5% |

### Change in segment revenue mix

Span: FY ending Jun 2021 → FY ending Jun 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 文具事務用品事業 → 文具事務用品事業 | 63.6% |
| 文具事務用品事業 → 事業再編・廃止 | 12.6% |
| インテリアライフスタイル事業 → 事業再編・廃止 | 23.8% |
| 新設・再編 → ライフスタイル用品事業 | 36.4% |

Segment revenue source references: 4 (derived)

## Income statement（FY ending Jun 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 39,135 | 100.0% | S100Z29T |
| Cost of revenue | 24,045 | 61.4% | S100Z29T |
| Gross profit | 15,090 | 38.6% | S100Z29T |
| SG&A | 13,961 | 35.7% | S100Z29T |
| Operating income | 1,129 | 2.9% | S100Z29T |
| Ordinary income | 1,511 | 3.9% | S100Z29T |
| Pretax income | 1,634 | 4.2% | S100Z29T |
| Income tax | 634 | 1.6% | S100Z29T |
| Net income | 1,000 | 2.6% | S100Z29T |
| Net income attributable to owners | 1,000 | 2.6% | S100Z29T |

## Per ¥100 of revenue（FY ending Jun 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 61 |
| SG&A | 36 |
| Operating income | 3 |
| (Ref.) Net income | 3 |

### Margin funnel

Gross margin 38.6% → Operating margin 2.9% → Net margin 2.6%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue down, profit up
Revenue growth: -1.3%; Core profit growth: +109.9%
Operating leverage (core profit growth ÷ revenue growth): -86.35×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Jun 2025 → FY ending Jun 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 39,640 | 39,135 | -505 | -1.3% |
| Gross profit | 14,865 | 15,090 | 225 | +1.5% |
| Operating income | 538 | 1,129 | 591 | +109.9% |
| Net income attributable to owners | 425 | 1,000 | 575 | +135.4% |
| Operating cash flow | 1,469 | 2,114 | 645 | +43.9% |
| Free cash flow | 578 | 1,359 | 780 | +135.0% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2020 | 33,455 | 1,233 | 3.7% | 1,082 | 1,990 | 1,223 | S100MG7J |
| FY ending Jun 2021 | 36,319 | 2,417 | 6.7% | 1,963 | 3,108 | 2,677 | S100P6S1 |
| FY ending Jun 2022 | 36,637 | 1,008 | 2.8% | 789 | -1,278 | -2,077 | S100RUPI |
| FY ending Jun 2023 | 39,394 | 368 | 0.9% | 420 | 166 | -470 | S100UE6V |
| FY ending Jun 2024 | 39,553 | -242 | -0.6% | -318 | 1,047 | 430 | S100WOZY |
| FY ending Jun 2025 | 39,640 | 538 | 1.4% | 425 | 1,469 | 578 | S100Z29T |
| FY ending Jun 2026 | 39,135 | 1,129 | 2.9% | 1,000 | 2,114 | 1,359 | S100Z29T |

## People and productivity（FY ending Jun 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥23.6M |
| Operating income per employee (consolidated) | ¥679.7K |
| Net income per employee (consolidated) | ¥602.3K |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 2,102 | 2,019 | 1,822 | 1,738 | 1,661 |
| Average salary (parent company) | ¥6.1M | ¥6.1M | ¥6.1M | ¥6.2M | ¥6.4M |
| Average age (parent company) | 42.5 years | 41.9 years | 41.3 years | 41.3 years | 41.4 years |
| Average tenure (parent company) | 18.1 years | 17.5 years | 17.2 years | 17.2 years | 17.3 years |

Year over year: Employees (consolidated) -4.4% · Revenue (consolidated) -1.3%

## Segments（FY ending Jun 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Stationery and office supply | 24,903 | 63.6% | 660 | 2.7% |
| Life style products | 14,232 | 36.4% | 451 | 3.2% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Stationery and office supply | 63.6% | 59.4% | -4.2 | 2.7% |
| Life style products | 36.4% | 40.6% | 4.2 | 3.2% |

Segment → industry: Life style products → Furniture, Interior & Lifestyle Goods / Stationery and office supply → Stationery & Office Supplies

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Jun 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 2,114 | 5.4% | S100Z29T |
| Capital expenditure | 756 | 1.9% | S100Z29T |
| Free cash flow | 1,359 | 3.5% | 算出 |
| Investing cash flow | -550 | -1.4% | S100Z29T |
| Financing cash flow | -1,877 | -4.8% | S100Z29T |
| Dividends paid | 395 | 1.0% | S100Z29T |
| Change in cash | -36 | -0.1% | S100Z29T |
| Cash and equivalents | 6,364 | 16.3% | S100Z29T |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 5,637 | 5,924 | 5,689 | 6,399 | 6,364 | S100UE6V, S100WOZY, S100Z29T |
| Total assets | 33,512 | 35,812 | 35,025 | 35,513 | 37,352 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Net assets | 24,232 | 24,833 | 24,301 | 24,052 | 26,233 | S100UE6V, S100WOZY, S100Z29T |
| Share capital | 1,979 | 1,979 | 1,979 | 1,979 | 1,979 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Property, plant and equipment | 4,439 | 4,398 | 4,292 | 4,112 | 4,190 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Intangible assets excluding goodwill | 1,861 | 2,220 | 1,857 | 1,824 | 1,647 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Goodwill | 1,233 | 1,468 | 1,056 | 740 | 575 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Investment securities | 2,168 | 2,938 | 3,116 | 2,978 | 4,104 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Current assets | 23,090 | 24,107 | 23,356 | 24,063 | 24,305 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Current liabilities | 5,122 | 7,044 | 7,134 | 8,210 | 7,676 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Trade payables | 1,618 | 1,335 | 901 | 1,140 | 1,311 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Short-term borrowings | 1,040 | 3,190 | 3,530 | 4,540 | 3,500 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Long-term borrowings | 2,769 | 2,265 | 1,738 | 1,300 | 863 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Total liabilities | 9,280 | 10,979 | 10,724 | 11,461 | 11,119 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Non-controlling interests | 9 | — | — | — | — | S100RUPI |
| Equity attributable to owners of parent | 23,569 | 23,390 | 22,284 | 22,343 | 22,978 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Retained earnings | 22,487 | 22,280 | 21,562 | 21,594 | 22,199 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |
| Treasury stock | -2,615 | -2,587 | -2,976 | -2,947 | -2,917 | S100RUPI, S100UE6V, S100WOZY, S100Z29T |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 17% | S100Z29T |
| Property, plant and equipment | 11% | S100Z29T |
| Intangibles and goodwill | 6% | S100Z29T |
| Investment securities | 11% | S100Z29T |
| Other assets | 55% | S100Z29T |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 4% | S100Z29T |
| Other liabilities | 26% | S100Z29T |
| Equity | 70% | S100Z29T |
| Other liabilities | 0% | S100Z29T |

### Balance sheet history

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 33,512 | 35,812 | 35,025 | 35,513 | 37,352 |
| Equity | 24,232 | 24,833 | 24,301 | 24,052 | 26,233 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 5,637 | 5,924 | 5,689 | 6,399 | 6,364 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 10.7% | S100Z29T |
| Fixed assets ÷ total assets | 11.2% | S100Z29T |
| Goodwill ÷ parent equity | 2.5% | S100Z29T |

Goodwill over 4 years: 1,233 → 575 JPY; total investing cash flow: -6,634 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 17.0% |
| Cash ÷ revenue | 16.3% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 187.3% |
| Cash vs. profit gap | 1,114 JPY mn (of net income 111.3%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 39.5% |
| Shareholder payments — dividends / FCF | 29.1% |
| CapEx intensity (capex ÷ revenue) | 1.9% |
| Investing CF relative to operating CF | 26.0% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 2.2% | 1.09× | 2.4% | 1.42× | 3.3% | S100RUPI |
| 2023 | 1.1% | 1.14× | 1.2% | 1.48× | 1.8% | S100UE6V |
| 2024 | — | —× | -0.9% | —× | — | S100WOZY |
| 2025 | 1.1% | 1.12× | 1.2% | 1.58× | 1.9% | S100Z29T |
| 2026 | 2.6% | 1.07× | 2.7% | 1.61× | 4.4% | S100Z29T |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 東京中小企業投資育成株式会社 | Major shareholder | 7.5% | 2026-06-20 |
| 株式会社三井住友銀行 | Major shareholder | 4.6% | 2026-06-20 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 4.5% | 2026-06-20 |
| キングジム第一共栄持株会 | Major shareholder | 3.8% | 2026-06-20 |
| 株式会社三菱ＵＦＪ銀行 | Major shareholder | 3.4% | 2026-06-20 |
| 株式会社ヨドバシカメラ | Major shareholder | 3.4% | 2026-06-20 |
| 三井住友信託銀行株式会社 | Major shareholder | 3.0% | 2026-06-20 |
| 有限会社メイフェア・クリエイション | Major shareholder | 3.0% | 2026-06-20 |
| 宮本 彰 | Major shareholder | 3.0% | 2026-06-20 |
| 株式会社エムケージム | Major shareholder | 2.6% | 2026-06-20 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第78期(2025/06/21－2026/06/20) | S100Z29T | 2026-09-16 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z29T,, |
| 有価証券報告書－第77期(2024/06/21－2025/06/20) | S100WOZY | 2025-09-17 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WOZY,, |
| 有価証券報告書－第76期(2023/06/21－2024/06/20) | S100UE6V | 2024-09-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UE6V,, |
| 有価証券報告書－第75期(2022/06/21－2023/06/20) | S100RUPI | 2023-09-14 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RUPI,, |
| 有価証券報告書－第74期(令和3年6月21日－令和4年6月20日) | S100P6S1 | 2022-09-15 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100P6S1,, |
| 有価証券報告書－第73期(令和2年6月21日－令和3年6月20日) | S100MG7J | 2021-09-16 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MG7J,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).