GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
T

T.Kawabe & Co 8123.T · JPY

Consumer Discretionary · Tokyo Stock Exchange · 🇯🇵 Japan

Compare

1,358

-0.15%

Close of 9 Nov 2026, in JPY

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥13.04bn

FY2017FY2026

Net income

¥186.9m

FY2017FY2026

Free cash flow

¥556.7m

FY2017FY2026

Shareholders' equity

¥7.44bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥13.04bn¥12.77bn¥13.07bn¥12.55bn¥10.79bn¥11.29bn¥14.86bn¥16.23bn¥16.28bn¥17.16bn
Gross profit¥5.52bn¥5.26bn¥5.08bn¥4.52bn¥3.91bn¥3.86bn¥5.29bn¥5.80bn¥5.98bn¥6.25bn
Operating income¥222.5m¥334.3m¥275.3m¥149.4m−¥214.4m−¥602.0m¥87.5m¥243.6m¥404.1m¥747.4m
Net income¥186.9m¥411.8m¥267.0m¥124.5m−¥366.0m−¥433.8m−¥13.6m¥264.5m¥323.3m¥643.6m
Diluted earnings per share102.43225.67146.3068.20-200.47-237.61-7.43144.87176.28353.81

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥12.75bn¥12.41bn¥12.70bn¥12.42bn¥12.48bn¥12.73bn¥13.27bn¥13.99bn¥15.12bn¥15.34bn
Cash and short-term investments¥1.78bn¥1.36bn¥1.48bn¥1.59bn¥1.31bn¥908.9m¥732.0m¥705.9m¥956.4m¥1.39bn
Total liabilities¥5.30bn¥5.32bn¥5.83bn¥6.01bn¥6.41bn¥6.34bn¥6.39bn¥6.69bn¥7.74bn¥8.21bn
Debt¥2.26bn¥2.28bn¥2.49bn¥2.59bn¥3.35bn¥2.73bn¥2.62bn¥2.59bn¥3.10bn¥3.32bn
Shareholders' equity¥7.44bn¥7.09bn¥6.86bn¥6.41bn¥6.08bn¥6.39bn¥6.88bn¥7.30bn¥7.38bn¥7.13bn
Shares outstanding2m2m2m2m2m2m2m2m2m2m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥710.7m¥384.7m¥343.9m¥837.6m−¥174.6m−¥579.9m¥55.5m¥141.0m−¥143.0m¥837.0m
Capital spending−¥154.1m−¥216.1m−¥199.7m−¥64.9m−¥145.8m−¥86.9m−¥142.0m−¥56.0m−¥131.0m−¥140.0m
Free cash flow¥556.7m¥168.6m¥144.1m¥772.7m−¥320.4m−¥666.8m−¥86.5m¥85.0m−¥274.0m¥697.0m
Dividends paid−¥91.1m−¥148.7m−¥27.9m−¥991,000−¥471,000−¥54.7m−¥91.8m−¥90.0m−¥126.0m−¥108.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥2.81bn¥3.49bn¥3.41bn¥3.08bn¥3.05bn¥3.57bn¥3.61bn¥2.88bn
Gross profit¥1.24bn¥1.40bn¥1.47bn¥1.36bn¥1.40bn¥1.48bn¥1.54bn¥1.18bn
Operating income−¥154.1m¥129.0m¥65.4m¥46.4m¥23.6m¥295.6m¥227.0m−¥3.0m
Net income−¥81.3m¥33.7m¥74.5m¥43.9m¥34.8m¥201.6m¥198.0m¥196.0m
Diluted earnings per share-44.5518.4740.8024.0719.09110.49108.50107.40
Total assets¥12.71bn¥12.75bn¥12.69bn¥12.66bn¥12.33bn¥12.41bn¥12.54bn¥11.84bn
Cash and short-term investments¥1.54bn¥1.78bn¥1.62bn¥1.97bn¥1.57bn¥1.36bn¥1.09bn¥1.02bn
Debt¥1.88bn¥2.26bn¥1.99bn¥2.36bn¥1.93bn¥2.28bn¥2.18bn¥2.34bn
Shareholders' equity¥7.55bn¥7.44bn¥7.28bn¥7.26bn¥7.01bn¥7.09bn¥6.99bn¥6.65bn

Financial ratios

Data as of 26 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin42.4%41.2%38.9%36.0%36.2%34.2%
Operating margin1.5%3.4%2.9%2.1%-1.2%-5.3%
Net margin1.4%3.2%2.0%1.0%-3.4%-3.8%
Return on equity2.5%5.8%3.9%1.9%-6.0%-6.8%
Return on assets1.5%3.3%2.1%1.0%-2.9%-3.4%
Free cash flow yield34.0%23.6%21.4%35.5%-1.1%-19.4%
Revenue growth2.1%-2.3%4.1%16.4%-4.5%-24.0%
Earnings growth-54.6%54.2%114.4%-134.0%-15.6%3095.9%
Current ratio1.59x1.52x1.45x1.51x1.37x1.39x
Debt to equity0.30x0.32x0.36x0.40x0.55x0.43x
Equity ratio58.4%57.1%54.1%51.6%48.7%50.2%
Interest coverage5.87x16.14x16.36x10.12x-4.39x-32.06x
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue1.3%2.9%-2.7%
Operating income14.2%—-10.7%
Net income14.5%—-8.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin41.8%39.6%38.3%37.1%
Operating margin2.2%1.9%0.2%1.5%
Net margin2.3%1.9%0.3%1.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings13.36.68.315.8-4.5-3.6-165.210.38.26.7
Price to sales0.20.20.20.20.10.10.10.20.20.3

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2021FY2020FY2019FY2018FY2017
Paid in the year100.0050.0015.0030.0050.0050.0070.0060.00
  • 10-to-1 reverse split · 26 Sept 2018
  • 13-for-10 split · 26 Mar 1991

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.