Prices as of 2026/10/30 close
Company comparison · Stationery & Office Furniture


Kokuyo is the bigger company, with revenue of ¥359.9B — 4.0x Mitsubishi Pencil's ¥89.8B.
Mitsubishi Pencil earns more on each yen of sales, with an operating margin of 10.8% — 3.5 points above Kokuyo (7.3%).
Revenue growth in the latest results: Kokuyo +6.2%, Mitsubishi Pencil +1.1%. For next year, Mitsubishi Pencil guides for the fastest operating profit growth (+8.3%).
Mitsubishi Pencil pays more on average — ¥8.28M against ¥7.86M at Kokuyo.
Over the past year the shares moved Mitsubishi Pencil +75.7%, Kokuyo +3.1%.
Head-to-head wins17 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Kokuyo aheadKokuyo 3 : Mitsubishi Pencil 0
Revenue: Kokuyo ¥359.9B / Mitsubishi Pencil ¥89.8B
ProfitabilityInvestors
Mitsubishi Pencil aheadKokuyo 1 : Mitsubishi Pencil 3
Operating margin: Kokuyo 7.3% / Mitsubishi Pencil 10.8%
GrowthInvestors
Kokuyo aheadKokuyo 3 : Mitsubishi Pencil 1
Revenue growth (YoY): Kokuyo +6.2% / Mitsubishi Pencil +1.1%
Stock & balance sheetInvestors
Mitsubishi Pencil aheadKokuyo 0 : Mitsubishi Pencil 3
Share price, 1 year: Kokuyo +3.1% / Mitsubishi Pencil +75.7%
Pay & workforceJob seekers
Mitsubishi Pencil aheadKokuyo 1 : Mitsubishi Pencil 2
Average salary: Kokuyo ¥7.86M / Mitsubishi Pencil ¥8.28M
| Metric | Kokuyo | Mitsubishi Pencil | Gap |
|---|---|---|---|
| Revenue | ◎¥359.9B | ¥89.8B | 4.0x |
| Operating profit | ◎¥26.2B | ¥9.7B | 2.7x |
| Net income | ◎¥21.5B | ¥6.2B | 3.4x |
| Metric | Kokuyo | Mitsubishi Pencil | Gap |
|---|---|---|---|
| Operating margin | 7.3% | ◎10.8% | 3.5pt |
| Net margin | 6.0% | ◎6.9% | 1.0pt |
| ROE | ◎8.4% | 4.7% | 3.7pt |
| Revenue per employee | ¥153M | ◎¥158M | 1.0x |
| Metric | Kokuyo | Mitsubishi Pencil | Gap |
|---|---|---|---|
| Revenue growth (YoY) | ◎+6.2% | +1.1% | 5.1pt |
| Operating profit growth (YoY) | ◎+16.5% | −20.5% | 37.0pt |
| Guidance: revenue growthnext FY plan | ◎+8.4% | +4.7% | 3.7pt |
| Guidance: op. profit growthnext FY plan | +2.9% | ◎+8.3% | 5.5pt |
| Metric | Kokuyo | Mitsubishi Pencil | Gap |
|---|---|---|---|
| Share price, 1 year | +3.1% | ◎+75.7% | 72.6pt |
| Share price, 3 months | −3.5% | ◎+38.8% | 42.3pt |
| P/E (trailing)lower = cheaper | 18.0x | 31.8x | |
| Equity ratio | 71.9% | ◎76.7% | 4.8pt |
| Share price (close) | ¥868.1 | ¥3,635 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Kokuyo | Mitsubishi Pencil | Gap |
|---|---|---|---|
| Average salary | ¥7.86M | ◎¥8.28M | ¥0.42M |
| Starting salary (monthly) | ◎¥262,500 | ¥260,550 | ¥1,950 |
| Average tenure | 15.4 yrs | ◎17.7 yrs | 2.3 |
| Average age | 41.5 | 40.9 | 0.6 |
| Employees | 2,346 | 570 | 4.1x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥868.1+3.1% (1Y)
Kokuyo +3.1% over 1Y. Compared: Mitsubishi Pencil +75.7%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Kokuyo5 segments
Mitsubishi Pencil2 segments
AAverage annual salary from the securities filings: Mitsubishi Pencil ¥8.28M, Kokuyo ¥7.86M. Mitsubishi Pencil pays the most. Averages also depend on staff age and job mix, so check the average age too (Kokuyo 41.5, Mitsubishi Pencil 40.9).
ARevenue in the latest results: Kokuyo ¥359.9B, Mitsubishi Pencil ¥89.8B. Kokuyo is the bigger company, with revenue of ¥359.9B — 4.0x Mitsubishi Pencil's ¥89.8B.
AOperating margins: Mitsubishi Pencil 10.8%, Kokuyo 7.3%. Mitsubishi Pencil turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Mitsubishi Pencil +75.7%, Kokuyo +3.1%. Mitsubishi Pencil has risen the most.


Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.