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

Mr Max Holdings 8203.T · JPY

Consumer Discretionary · Tokyo Stock Exchange · 🇯🇵 Japan

Compare

689

+1.32%

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

¥147.68bn

FY2017FY2026

Net income

¥2.71bn

FY2017FY2026

Free cash flow

−¥141.0m

FY2017FY2026

Shareholders' equity

¥38.37bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥147.68bn¥136.57bn¥129.57bn¥126.90bn¥124.83bn¥131.79bn¥122.32bn¥118.55bn¥118.32bn¥118.22bn
Gross profit¥36.69bn¥34.00bn¥32.01bn¥32.48bn¥31.67bn¥33.60bn¥29.79bn¥29.29bn¥29.22bn¥27.29bn
Operating income¥4.45bn¥3.82bn¥3.02bn¥4.63bn¥4.49bn¥6.01bn¥2.45bn¥2.55bn¥2.53bn¥2.11bn
Net income¥2.71bn¥2.48bn¥2.44bn¥3.43bn¥2.85bn¥3.54bn¥1.32bn¥2.25bn¥2.19bn¥1.95bn
Diluted earnings per share81.4174.3273.42103.0785.88106.7139.8067.7565.8858.84

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥86.75bn¥83.51bn¥83.85bn¥82.13bn¥82.42bn¥82.53bn¥83.86bn¥80.40bn¥73.66bn¥72.82bn
Cash and short-term investments¥2.11bn¥1.75bn¥2.39bn¥3.14bn¥2.89bn¥2.87bn¥2.54bn¥1.71bn¥1.26bn¥1.19bn
Total liabilities¥48.37bn¥47.45bn¥49.72bn¥49.67bn¥52.71bn¥54.67bn¥59.16bn¥56.35bn¥51.26bn¥52.07bn
Debt¥22.14bn¥19.89bn¥23.31bn¥24.49bn¥26.82bn¥26.07bn¥33.14bn¥30.14bn¥25.54bn¥27.94bn
Shareholders' equity¥38.37bn¥36.06bn¥34.13bn¥32.45bn¥29.70bn¥27.83bn¥24.69bn¥24.04bn¥22.40bn¥20.74bn
Shares outstanding33m33m33m33m33m33m33m33m33m33m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥4.02bn¥5.44bn¥3.93bn¥3.97bn¥3.52bn¥9.34bn¥3.64bn¥2.85bn¥4.99bn¥3.51bn
Capital spending−¥4.16bn−¥1.80bn−¥2.84bn−¥3.02bn−¥1.17bn−¥1.27bn−¥1.47bn−¥5.91bn−¥1.33bn−¥1.12bn
Free cash flow−¥141.0m¥3.64bn¥1.09bn¥947.0m¥2.35bn¥8.06bn¥2.17bn−¥3.06bn¥3.66bn¥2.39bn
Dividends paid−¥765.0m−¥599.0m−¥895.0m−¥895.0m−¥1.03bn−¥464.0m−¥629.0m−¥562.0m−¥463.0m−¥331.0m

Latest quarters

By quarter end

Aug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Revenue¥39.89bn¥38.22bn¥36.82bn¥36.09bn¥40.06bn¥34.71bn¥34.68bn¥32.70bn
Gross profit¥10.37bn¥9.97bn¥9.01bn¥8.93bn¥9.94bn¥8.81bn¥8.56bn¥8.15bn
Operating income¥1.47bn¥1.59bn¥831.0m¥807.0m¥1.57bn¥1.24bn¥898.0m¥683.0m
Net income¥901.0m¥1.04bn¥377.0m¥443.0m¥1.04bn¥850.0m¥599.0m¥423.0m
Diluted earnings per share27.0231.0611.3013.2931.3625.5017.9712.71
Cash from operations————¥1.32bn———
Capital spending————−¥1.72bn———
Free cash flow————−¥401.0m———
Total assets¥91.55bn¥92.48bn¥86.75bn¥91.71bn¥89.29bn¥88.91bn¥83.51bn¥85.68bn
Cash and short-term investments¥2.17bn¥2.52bn¥2.11bn¥2.91bn¥2.95bn¥2.19bn¥1.75bn¥2.13bn
Debt¥6.88bn¥7.50bn¥20.40bn¥11.74bn¥8.42bn¥8.40bn¥6.37bn¥6.39bn
Shareholders' equity¥39.44bn¥38.40bn¥38.37bn¥37.71bn¥37.25bn¥36.14bn¥36.06bn¥35.44bn

Financial ratios

Data as of 24 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin24.8%24.9%24.7%25.6%25.4%25.5%
Operating margin3.0%2.8%2.3%3.7%3.6%4.6%
Net margin1.8%1.8%1.9%2.7%2.3%2.7%
Return on equity7.1%6.9%7.2%10.6%9.6%12.7%
Return on assets3.1%3.0%2.9%4.2%3.5%4.3%
Free cash flow yield32.7%28.9%27.1%28.0%18.7%42.5%
Revenue growth8.1%5.4%2.1%1.7%-5.3%7.7%
Earnings growth9.6%1.4%-28.7%20.1%-19.5%168.1%
Current ratio0.72x0.69x0.72x0.71x0.64x0.56x
Debt to equity0.53x0.50x0.61x0.67x0.80x0.82x
Equity ratio44.2%43.2%40.7%39.5%36.0%33.7%
Interest coverage26.30x29.19x21.58x27.57x20.97x28.76x
Buybacks as a share of market value0.0%-0.1%-0.1%-0.1%-0.1%-0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.2%2.3%2.2%
Operating income-1.4%-5.9%11.3%
Net income-7.5%-5.2%10.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin24.9%25.0%25.1%24.8%
Operating margin2.9%2.9%3.3%2.7%
Net margin1.8%2.0%2.2%1.9%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings8.410.89.76.17.75.719.47.37.215.2
Price to sales0.10.20.20.20.20.10.20.10.10.3

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 26 Feb 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year50.0018.0027.0027.0031.0014.0019.0017.00
  • 1.1-for-1 split · 26 Mar 1996
  • 1.1-for-1 split · 28 Mar 1995

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.