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Researcher Information

last modified:2022/08/08

Professor SATO Kiyokazu

Mail

Faculty, Affiliation

Faculty of Economics and Management,Institute of Human and Social Sciences

College and School Educational Field

Division of Public Policy and Management, Graduate School of Human and Socio-Environmental Studies
Division of Human and Socio-Environment Studies, Graduate School of Human and Socio-Environmental Studies

Laboratory

Academic Background

【Degree】
Ph.D.in economics

Career

Year & Month of Birth

Academic Society

Japan Accounting Association
The Japanese Association of Management Accounting


The Japan Corporate Social Accounting and Reporting Association

Award

Specialities

financial accounting、Accounting

Speciality Keywords

accounting theory,realoption,Financial Accounting,financial statement analysis

Research Themes

Real options analysis for corporate valuation

Books

Papers

  •  Equity Valuation Model based on Residual Income Option -Implementing Residual Income Valuation with Nonlinear Probability Method- KIYOKAZU SATO  54 4 163-196 2022/03/31
  •  Mathematical Model Describing Design Processes of Fashion Apparels and Management of Fashion Apparel Stores Masato Takahashi, Kiyokazu Sato, Tuyoshi Otani Proceedings of the 8th International Conference on Kansei Engineering and Emotion Research, Springer  pp 129-136 2020
  •  Reevaluation of ROE based on the Capital Cost Potential. - Does the magnitude of ROE show the firm's good performance?- Sato Kiyokazu 39 2 39 2019/03/29 
  •  Accountability and Real Option ‐Equity Valuation based on Nonlinear Residual Income Model-  Kiyokazu Sato 2016/09/10
  •  Stock Valuation of Internet Company based on Residual Income Option Model Sato Kiyokazu Communications of the Japan Association of Real Options and Strategy 8 3 21 2016/12/01

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  •  A Study on Stochastic CVP Analysis reflecting Manager's Risk Preference 佐藤 清和 金沢大学経済論集 34 2 189 2014/03 
  •  Assets-Income-Cash Flow measured as Option Value 佐藤 清和 金沢大学経済論集 34 1 87 2013/12 
  •  Stock valuation model based on stochastic CVP analysis and option pricing theory 佐藤 清和 金沢大学経済論集 33 2 151 2013/03 
  •  Extensibility of CVP analysis based on martingale measurement : Verification and modification of Sato [2010] and Sato [2011] 佐藤 清和 金沢大学経済論集 33 1 157 2012/12 
  •  Cost-volume-profit analysis in discrete-time stochastic process 佐藤 清和 Kanazawa University economic review 31 2 153 2011/03 
  •  Stochastic CVP analysis: continuous-time model 佐藤 清和 Kanazawa University economic review 30 2 231 2010/02 
  •  Theory of Force Accounting Applied to Detecting Earnings Management 2009/03
  •  Analysis on Earnings Management Using Real Option Approach 2008/05
  •  Social costs of municipal hospital estimated by linear information model (LIM) Sato Kiyokazu The economic review of Kanazawa University 42 42 63 2007/07 
  •  The Association between Financial Distress in Municipal Hospital and the Application of General Rule of Municipally-Operated Enterprise Law Sato Kiyokazu Aomori Public College journal of management & economics 10 2 75 2005/03 
  •  Meaning and Measurement of Discretionary Accruals : Threshold of Discretionary Behavior Measured by Break-even Point of Cashflows Satoh Kiyokazu Annual report of the Economic Society,Tohoku University 63 4 569 2002/02 
  •  
    How to Measure the Management Performance of the Nonprofit Organizations 宮城 好郎,佐藤 清和 Bulletin of the Faculty of Social Welfare, Iwate Prefectural University 2 1 11 1999/09 
  •  Prediction Model of Business Performance Used Break-Even-Point as Exercise Price of Option Pricing Model SATOH Kiyokazu Aomori Public College journal of management & economics 4 2 42 1999/03 
  •  Stock Valuation of Internet Company based on Residual Income Option Model Sato Kiyokazu Communications of the Japan Association of Real Options and Strategy 8 3 21 2016
  •  Accrual-Based Risk Reduction -An Indicator to Identify Managers' Discretion Using a Break-Even Point of Cash Flows 9 1 51 2003/09/30 

Conference Presentations

  • Importance of Recognition of Subset Describing the Customer’s Preference in Design Processes of Fashion Apparels-Construction of Simulation Model-(conference:日本感性工学会春季大会(Web))(2020)
  • Importance of Recognition of Subset Describing the Customer’s Preference in Design Processes of Fashion Apparels-Consideration of Failure of Advance to Chinese Market by Japanese Fashion Company-(conference:日本感性工学会春季大会(Web))(2020)
  • Residual Income Model extended by DuPont Decomposition(2019/08/29)
  • Valuation of Goodwill based on System Dynamics-Applying to Acquisition of BVLGARI by LVMH-(conference:日本感性工学会春季大会(Web))(2019)
  • Valuation of Goodwill based on System Dynamics –Applying to Acquisition of BVLGARI by LVMH – (2019/03/08)

show all

  • Does the magnitude of ROE give the strong result of firm's performance? – Study on Profitability Model in Space Vector Field - (2018/08/28)
  • Real Option Value of Stock estimated by Residual Income Model(conference:Japan Accounting Association)(2016/09/13)
  • Equity Valuation Model based on Real Option Approach -Uncertainty of Sales Revenue, Asymmetry of Cost Behavior and Estimation of Terminal Value-(2014/09/12)
  • Equity Valuation Based on Residual Income Model Embedding Nested Real Options(conference:The Japan Association of Real Option and Strategy)
  • Stock Valuation Model based on Stochastic CVP analysis(2013/11/09)

Others

Arts and Fieldwork

Patent

Theme to the desired joint research

Grant-in-Aid for Scientific Research

○「機関投資家によるエンゲージメント活動の動機付けに関するリアルオプション分析」(2022-2024) 
○「リアルオプション法の利益計画(CVP)及び株式価値評価(RIM)への応用研究」(2015-2018) 
○「オプション理論を応用した原価態様の非対称性に基づくCVP分析の研究」(2012-2015) 

Competitive research funding,Contribution

Collaborative research,Consignment study

Classes (Bachelors)

○Financial Accounting A(2021)
○Seminar(2021)
○Financial Statement Analysis(2021)
○Financial Accounting(2021)
○Financial Accounting B(2021)
○Presentation and Debate (Freshman Seminar II)(2017)
○Freshman Seminar I(2017)
○Presentation and Debate (Freshman Seminar II)(2017)
○Seminar(2017)
○Financial Accounting B(2017)
○Financial Accounting A(2017)
○Financial Accounting A(2016)
○Financial Accounting B(2016)
○Seminar(2016)

Classes (Graduate Schools)

○Seminar on Financial Statement Analysis I(2021)
○Special Study on Financial Accounting b-2(2021)
○Financial Statement Analysis I(2021)
○Financial Statement Analysis II(2021)
○Seminar on Financial Statement Analysis II(2021)
○Special Study on Financial Accounting b-1(2021)
○Seminar on Financial Accounting a(2017)
○Seminar on Financial Accounting b(2017)
○Financial Statement Analysis(2017)
○Seminar on Financial Statement Analysis II(2017)
○Seminar on Financial Statement Analysis(2017)
○Financial Statement Analysis II(2017)
○Financial Statement Analysis I(2017)
○A Special Study of Financial Accounting a-1(2017)
○A Special Study of Financial Accounting a-2(2017)
○Seminar on Financial Accounting b-2(2017)
○Seminar on Financial Statement Analysis I(2017)
○A Special Study of Financial Accounting a(2017)
○A Special Study of Financial Accounting b(2017)
○Seminar on Financial Statement Analysis(2017)
○Seminar on Financial Accounting a-1(2017)
○Seminar on Financial Accounting a-2(2017)
○Financial Statement Analysis(2017)
○A Special Study of Financial Accounting b-1(2017)
○Seminar on Financial Accounting b-1(2017)
○A Special Study of Financial Accounting b-2(2017)
○A Special Study of Financial Accounting a(2017)
○Financial Statement Analysis I(2016)
○Financial Statement Analysis II(2016)
○Seminar on Financial Statement Analysis I(2016)
○Seminar on Financial Statement Analysis II(2016)
○A Special Study of Financial Accounting a(2016)
○A Special Study of Financial Accounting a(2016)
○Seminar on Financial Accounting b(2016)
○Seminar on Financial Accounting a(2016)
○A Special Study of Financial Accounting b(2016)
○Financial Statement Analysis(2016)
○A Special Study of Financial Accounting b-2(2016)
○A Special Study of Financial Accounting b-1(2016)
○Seminar on Financial Accounting a-1(2016)
○A Special Study of Financial Accounting a-1(2016)
○A Special Study of Financial Accounting a-2(2016)
○Financial Statement Analysis(2016)
○Seminar on Financial Statement Analysis(2016)
○Seminar on Financial Statement Analysis(2016)
○Seminar on Financial Accounting a-2(2016)
○Seminar on Financial Accounting b-1(2016)
○Seminar on Financial Accounting b-2(2016)

International Project

International Students

Lecture themes

Others (Social Activities)

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