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



Kokuyo is the largest by revenue at ¥359.9B, followed by Okamura (¥329.0B), Pilot (¥126.4B) and Mitsui Matsushima (¥65.5B).
Mitsui Matsushima has the highest operating margin at 14.6%, 7.3 points above the lowest, Kokuyo (7.3%).
Revenue growth in the latest results: Mitsui Matsushima +8.1%, Kokuyo +6.2%, Okamura +4.6%, Pilot +0.2%. For next year, Pilot guides for the fastest operating profit growth (+8.1%).
Okamura pays the most on average (¥8.13M), ¥0.83M more than Pilot (¥7.30M).
Over the past year the shares moved Mitsui Matsushima +74.9%, Pilot +39.5%, Kokuyo +3.1%, Okamura −1.6%.
Head-to-head wins18 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 2 : Okamura 1 : Pilot 0 : Mitsui Matsushima 0
Revenue: Kokuyo ¥359.9B / Okamura ¥329.0B / Pilot ¥126.4B / Mitsui Matsushima ¥65.5B
ProfitabilityInvestors
Mitsui Matsushima aheadKokuyo 1 : Okamura 0 : Pilot 1 : Mitsui Matsushima 2
Operating margin: Kokuyo 7.3% / Okamura 7.3% / Pilot 13.2% / Mitsui Matsushima 14.6%
GrowthInvestors
Mitsui Matsushima aheadKokuyo 1 : Okamura 1 : Pilot 1 : Mitsui Matsushima 2
Revenue growth (YoY): Kokuyo +6.2% / Okamura +4.6% / Pilot +0.2% / Mitsui Matsushima +8.1%
Stock & balance sheetInvestors
Pilot aheadKokuyo 0 : Okamura 0 : Pilot 2 : Mitsui Matsushima 1
Share price, 1 year: Kokuyo +3.1% / Okamura −1.6% / Pilot +39.5% / Mitsui Matsushima +74.9%
Pay & workforceJob seekers
Okamura aheadKokuyo 0 : Okamura 2 : Pilot 1 : Mitsui Matsushima 0
Average salary: Kokuyo ¥7.86M / Okamura ¥8.13M / Pilot ¥7.30M
| Metric | Kokuyo | Okamura | Pilot | Mitsui Matsushima |
|---|---|---|---|---|
| Revenue | ◎¥359.9B | ¥329.0B | ¥126.4B | ¥65.5B |
| Operating profit | ◎¥26.2B | ¥24.1B | ¥16.6B | ¥9.6B |
| Net income | ¥21.5B | ◎¥22.4B | ¥12.1B | ¥6.7B |
| Metric | Kokuyo | Okamura | Pilot | Mitsui Matsushima |
|---|---|---|---|---|
| Operating margin | 7.3% | 7.3% | 13.2% | ◎14.6% |
| Net margin | 6.0% | 6.8% | 9.5% | ◎10.3% |
| ROE | 8.4% | — | ◎8.5% | — |
| Revenue per employee | ◎¥153M | ¥79M | ¥116M | — |
| Metric | Kokuyo | Okamura | Pilot | Mitsui Matsushima |
|---|---|---|---|---|
| Revenue growth (YoY) | +6.2% | +4.6% | +0.2% | ◎+8.1% |
| Operating profit growth (YoY) | +16.5% | +0.9% | −6.5% | ◎+25.7% |
| Revenue CAGR | — | ◎+6.1% | +5.2% | +2.7% |
| Guidance: revenue growthnext FY plan | ◎+8.4% | +5.5% | +5.2% | +3.9% |
| Guidance: op. profit growthnext FY plan | +2.9% | +7.7% | ◎+8.1% | +1.3% |
| Metric | Kokuyo | Okamura | Pilot | Mitsui Matsushima |
|---|---|---|---|---|
| Share price, 1 year | +3.1% | −1.6% | +39.5% | ◎+74.9% |
| Share price, 3 months | −3.5% | −7.5% | ◎+17.2% | −2.1% |
| P/E (trailing)lower = cheaper | 18.0x | — | 6.8x | — |
| Equity ratio | 71.9% | — | ◎81.2% | — |
| Share price (close) | ¥868.1 | ¥2,185 | ¥2,143.5 | ¥2,247 |
◎ 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 | Okamura | Pilot | Mitsui Matsushima |
|---|---|---|---|---|
| Average salary | ¥7.86M | ◎¥8.13M | ¥7.30M | — |
| Starting salary (monthly) | ¥262,500 | ◎¥300,000 | ¥267,800 | — |
| Average tenure | 15.4 yrs | 17.2 yrs | ◎18.8 yrs | 8.2 yrs |
| Average age | 41.5 | 42.2 | 43.5 | 44.7 |
| Employees | 2,346 | 4,158 | 1,094 | 42 |
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: Okamura -1.6%, Pilot +39.5%, Mitsui Matsushima +74.9%.
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
Okamura3 segments
Pilot4 segments
Mitsui Matsushima3 segments
AAverage annual salary from the securities filings: Okamura ¥8.13M, Kokuyo ¥7.86M, Pilot ¥7.30M. Okamura pays the most. Averages also depend on staff age and job mix, so check the average age too (Kokuyo 41.5, Okamura 42.2, Pilot 43.5, Mitsui Matsushima 44.7).
ARevenue in the latest results: Kokuyo ¥359.9B, Okamura ¥329.0B, Pilot ¥126.4B, Mitsui Matsushima ¥65.5B. Kokuyo is the largest by revenue at ¥359.9B, followed by Okamura (¥329.0B), Pilot (¥126.4B) and Mitsui Matsushima (¥65.5B).
AOperating margins: Mitsui Matsushima 14.6%, Pilot 13.2%, Okamura 7.3%, Kokuyo 7.3%. Mitsui Matsushima turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Mitsui Matsushima +74.9%, Pilot +39.5%, Kokuyo +3.1%, Okamura −1.6%. Mitsui Matsushima has risen the most.



Comparing 4 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.