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T

Tosei 8923.T · JPY

Real Estate · Tokyo Stock Exchange · 🇯🇵 Japan

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1,947

+1.83%

Close of 9 Nov 2026, in JPY

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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.

FY2025

Revenue

¥94.69bn

FY2016FY2025

Net income

¥14.75bn

FY2016FY2025

Free cash flow

−¥4.52bn

FY2016FY2025

Shareholders' equity

¥102.81bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue¥94.69bn¥82.19bn¥79.45bn¥70.95bn¥61.73bn¥63.94bn¥60.73bn¥61.54bn¥57.75bn¥49.82bn
Gross profit¥37.59bn¥33.00bn¥28.07bn¥23.14bn¥18.68bn¥13.39bn¥19.87bn¥18.01bn¥16.34bn¥15.93bn
Research and development——¥0¥0¥0¥0¥0¥0¥0¥0
Operating income¥22.33bn¥19.13bn¥16.23bn¥13.26bn¥10.92bn¥6.40bn¥11.88bn¥10.07bn¥9.66bn¥8.44bn
Net income¥14.75bn¥11.99bn¥10.51bn¥8.61bn¥6.72bn¥3.60bn¥8.45bn¥6.85bn¥6.16bn¥5.55bn
Diluted earnings per share151.88123.58106.6990.9671.2738.2088.7270.6363.6857.45

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets¥307.43bn¥276.82bn¥245.33bn¥210.96bn¥195.01bn¥161.68bn¥161.89bn¥138.77bn¥122.55bn¥121.28bn
Cash and short-term investments¥39.60bn¥34.87bn¥39.20bn¥31.77bn¥33.56bn¥37.04bn¥32.00bn¥26.52bn¥23.75bn¥21.64bn
Total liabilities¥204.59bn¥185.95bn¥163.01bn¥138.67bn¥129.05bn¥102.71bn¥103.59bn¥86.75bn¥76.39bn¥80.27bn
Debt¥184.04bn¥165.90bn¥146.59bn¥124.85bn¥114.95bn¥90.99bn¥89.84bn¥75.03bn¥67.12bn¥70.16bn
Shareholders' equity¥102.81bn¥90.50bn¥82.05bn¥72.29bn¥65.96bn¥58.97bn¥58.31bn¥52.02bn¥46.16bn¥41.01bn
Shares outstanding97m97m98m95m94m94m95m97m97m97m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−¥4.36bn−¥14.92bn¥4.13bn−¥197.1m¥974.6m¥12.51bn−¥3.80bn¥6.65bn¥6.20bn−¥8.40bn
Capital spending−¥161.2m−¥194.3m−¥407.9m−¥168.3m−¥1.01bn−¥319.1m−¥92.0m−¥72.2m−¥31.0m−¥54.3m
Free cash flow−¥4.52bn−¥15.11bn¥3.72bn−¥365.4m−¥39.4m¥12.19bn−¥3.89bn¥6.58bn¥6.17bn−¥8.45bn
Dividends paid−¥3.83bn−¥3.19bn−¥2.41bn−¥1.81bn−¥896.4m−¥2.00bn−¥1.46bn−¥1.21bn−¥1.06bn−¥771.8m

Latest quarters

By quarter end

Aug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Revenue¥13.65bn¥25.46bn¥60.50bn¥10.73bn¥17.90bn¥19.99bn¥46.07bn¥12.77bn
Gross profit¥7.01bn¥9.99bn¥19.90bn¥5.71bn¥7.35bn¥8.98bn¥16.18bn¥5.75bn
Operating income¥2.23bn¥5.71bn¥15.50bn¥1.54bn¥3.20bn¥5.28bn¥12.32bn¥1.43bn
Net income¥1.01bn¥3.62bn¥10.18bn¥709.1m¥1.82bn¥4.05bn¥8.18bn¥751.0m
Diluted earnings per share10.4137.29104.747.3018.7241.6984.177.74
Cash from operations−¥11.96bn¥4.62bn¥19.13bn−¥9.32bn−¥7.06bn−¥3.30bn¥15.32bn−¥12.52bn
Capital spending−¥6.0m−¥35.0m−¥125.0m−¥29.0m−¥92.0m−¥32.0m−¥6.0m−¥10.0m
Free cash flow−¥11.97bn¥4.58bn¥19.00bn−¥9.35bn−¥7.16bn−¥3.33bn¥15.32bn−¥12.53bn
Total assets¥321.92bn¥309.60bn¥300.37bn¥307.43bn¥294.89bn¥283.62bn¥272.62bn¥276.82bn
Cash and short-term investments¥44.20bn¥48.07bn¥46.22bn¥39.60bn¥40.10bn¥40.76bn¥38.57bn¥34.87bn
Debt¥27.74bn¥176.54bn¥171.80bn¥182.64bn¥17.80bn¥164.78bn¥159.12bn¥165.90bn
Shareholders' equity¥112.47bn¥111.19bn¥108.28bn¥102.81bn¥101.96bn¥99.26bn¥95.19bn¥90.50bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.1%8.2%8.2%
Operating income19.0%28.4%14.0%
Net income19.7%32.6%13.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin39.9%37.2%34.0%32.5%
Operating margin23.4%21.7%19.5%18.5%
Net margin15.1%14.0%12.4%12.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings11.310.29.47.57.115.58.45.98.67.6
Price to sales1.81.51.20.90.80.91.20.70.90.8

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 27 Nov 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year89.5033.0025.5019.008.0021.0015.0012.50
  • 2-for-1 split · 27 Nov 2025
  • 100-for-1 split · 26 Jun 2013

Sources and methodology

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

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