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T

Tosho Co 8920.T · JPY

Consumer Discretionary · Tokyo Stock Exchange · 🇯🇵 Japan

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689

+1.92%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥27.60bn

FY2017FY2026

Net income

¥3.55bn

FY2017FY2026

Free cash flow

¥5.17bn

FY2017FY2026

Shareholders' equity

¥37.78bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥27.60bn¥35.62bn¥30.93bn¥22.51bn¥27.32bn¥17.63bn¥34.47bn¥27.24bn¥24.14bn¥21.35bn
Gross profit¥9.18bn¥7.77bn¥5.75bn¥4.74bn¥6.21bn¥2.84bn¥12.59bn¥9.81bn¥9.08bn¥8.10bn
Operating income¥7.47bn¥5.88bn¥3.96bn¥3.13bn¥4.49bn¥615.5m¥9.68bn¥7.16bn¥6.56bn¥5.98bn
Net income¥3.55bn¥1.23bn−¥2.23bn¥857.7m¥2.42bn¥217.8m¥5.80bn¥4.02bn¥3.77bn¥3.73bn
Diluted earnings per share99.7732.94-58.2122.3963.305.69151.51105.0398.3397.27

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥71.98bn¥72.78bn¥74.84bn¥84.05bn¥78.71bn¥77.92bn¥76.29bn¥68.45bn¥58.88bn¥50.00bn
Cash and short-term investments¥20.70bn¥21.21bn¥16.58bn¥16.98bn¥26.87bn¥21.90bn¥22.41bn¥15.20bn¥12.81bn¥12.49bn
Total liabilities¥26.82bn¥30.51bn¥34.52bn¥42.38bn¥38.51bn¥40.47bn¥38.76bn¥36.49bn¥30.75bn¥26.46bn
Debt¥17.96bn¥21.36bn¥25.37bn¥33.22bn¥28.05bn¥33.20bn¥27.47bn¥28.10bn¥22.63bn¥21.15bn
Shareholders' equity¥37.78bn¥36.24bn¥35.18bn¥37.55bn¥36.91bn¥34.62bn¥34.67bn¥29.48bn¥26.03bn¥22.32bn
Shares outstanding36m37m38m38m38m38m38m38m38m38m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥7.90bn¥15.43bn¥10.90bn−¥12.45bn¥13.16bn−¥1.45bn¥13.96bn¥6.39bn¥6.66bn¥4.86bn
Capital spending−¥2.73bn−¥8.95bn−¥3.56bn−¥1.80bn−¥1.78bn−¥3.88bn−¥7.13bn−¥8.34bn−¥7.45bn−¥4.78bn
Free cash flow¥5.17bn¥6.47bn¥7.34bn−¥14.25bn¥11.38bn−¥5.33bn¥6.83bn−¥1.95bn−¥789.1m¥76.2m
Dividends paid−¥302.4m−¥152.9m−¥153.2m−¥229.7m−¥114.9m−¥268.0m−¥612.8m−¥574.3m−¥478.9m−¥421.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥6.49bn¥6.64bn¥7.11bn¥6.60bn¥7.25bn¥6.04bn¥15.69bn¥7.75bn
Gross profit¥2.14bn¥1.94bn¥2.73bn¥2.22bn¥2.31bn¥1.42bn¥2.39bn¥2.53bn
Operating income¥1.70bn¥1.53bn¥2.27bn¥1.83bn¥1.86bn¥1.03bn¥1.97bn¥1.92bn
Net income¥748.4m¥829.6m¥1.02bn¥823.3m¥878.3m−¥1.07bn¥944.8m¥979.2m
Diluted earnings per share21.0423.3227.2922.0823.56-28.6024.6625.56
Total assets¥70.37bn¥71.98bn¥72.41bn¥72.96bn¥71.82bn¥72.78bn¥74.04bn¥78.51bn
Cash and short-term investments¥19.26bn¥20.70bn¥21.84bn¥21.84bn¥21.54bn¥21.21bn¥21.71bn¥17.13bn
Debt¥2.39bn¥15.31bn¥8.04bn¥17.27bn¥9.43bn¥18.82bn¥5.51bn¥25.95bn
Shareholders' equity¥37.69bn¥37.78bn¥37.69bn¥37.29bn¥36.84bn¥36.24bn¥37.34bn¥36.45bn

Financial ratios

Data as of 21 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin33.3%21.8%18.6%21.1%22.7%16.1%
Operating margin27.1%16.5%12.8%13.9%16.4%3.5%
Net margin12.9%3.4%-7.2%3.8%8.9%1.2%
Return on equity9.4%3.4%-6.3%2.3%6.6%0.6%
Return on assets4.9%1.7%-3.0%1.0%3.1%0.3%
Free cash flow yield43.0%94.2%54.4%-40.0%56.2%9.2%
Revenue growth-22.5%15.2%37.4%-17.6%55.0%-48.9%
Earnings growth188.9%-155.1%-360.0%-64.6%1013.2%-96.2%
Current ratio3.03x1.55x3.00x3.78x2.51x2.79x
Debt to equity0.41x0.52x0.65x0.81x0.68x0.86x
Equity ratio52.5%49.8%47.0%44.7%46.9%44.4%
Interest coverage44.11x38.83x28.54x21.40x28.39x4.28x
Buybacks as a share of market value4.6%2.7%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.0%9.4%3.7%
Operating income33.6%64.8%3.2%
Net income60.5%74.7%1.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin26.8%23.5%22.6%28.9%
Operating margin21.1%17.5%15.8%21.0%
Net margin7.6%2.9%3.7%9.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings6.923.7-10.937.317.8292.410.323.834.837.4
Price to sales0.90.80.81.41.63.61.73.55.46.5

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 29 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year5.0012.004.004.006.003.007.0015.00
  • 2-for-1 split · 27 Sept 2017

Sources and methodology

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

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