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Forval Realstraight 9423.T · JPY

Real Estate · Tokyo Stock Exchange · 🇯🇵 Japan

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100

+1.01%

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.

FY2026

Revenue

¥4.56bn

FY2017FY2026

Net income

¥169.2m

FY2017FY2026

Free cash flow

¥187.8m

FY2017FY2026

Shareholders' equity

¥746.0m

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥4.56bn¥3.14bn¥3.07bn¥2.98bn¥2.15bn¥1.90bn¥888.0m¥1.52bn¥1.28bn¥1.15bn
Operating income¥139.1m¥126.4m¥169.0m¥156.5m¥52.3m¥85.6m¥57.0m¥68.1m¥56.2m¥45.6m
Net income¥169.2m¥86.3m¥130.2m¥112.2m¥50.4m¥103.1m¥51.7m¥100.4m¥68.6m¥73.7m
Diluted earnings per share6.983.565.374.642.104.332.184.292.923.14

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥1.87bn¥1.32bn¥1.30bn¥1.19bn¥802.1m¥909.5m¥700,000¥650.8m¥490.4m¥439.5m
Cash and short-term investments¥973.8m¥761.2m¥770.0m¥729.6m¥471.8m¥534.8m¥382,000———
Total liabilities¥1.13bn¥678.7m¥693.6m¥663.6m¥351.7m¥471.4m¥319,000¥295.7m¥222.2m¥238.1m
Debt——−¥82.7m−¥87.5m−¥58.5m—————
Shareholders' equity¥746.0m¥639.9m¥607.9m¥530.0m¥450.5m¥438.1m¥379,000¥355.1m¥268.2m¥201.3m
Shares outstanding24m24m24m24m24m24m24m23m24m23m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations¥194.9m¥65.5m¥107.5m¥296.0m−¥17.0m¥192.5m¥24.1m¥143.0m¥28.0m¥83.0m
Capital spending−¥7.1m−¥4.7m−¥14.3m−¥2.3m−¥11.6m−¥2.4m−¥1.2m−¥3.0m−¥5.0m−¥2.0m
Free cash flow¥187.8m¥60.8m¥93.3m¥293.7m−¥28.7m¥190.1m¥22.9m¥140.0m¥23.0m¥81.0m
Dividends paid−¥62.8m−¥57.8m−¥52.8m−¥47.5m−¥42.4m−¥37.2m−¥32.6m−¥27.0m−¥23.0m−¥23.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue¥1.16bn¥1.21bn¥1.14bn¥1.19bn¥1.03bn¥696.8m¥683.9m¥810.8m
Operating income¥27.5m¥77.6m¥31.8m¥68.5m−¥38.7m¥25.1m¥10.2m¥20.6m
Net income¥13.2m¥93.6m¥45.3m¥48.9m−¥18.7m¥17.5m¥14.6m¥12.3m
Diluted earnings per share0.553.861.872.02-0.770.720.600.51
Total assets¥1.53bn¥1.87bn¥1.42bn¥1.42bn¥1.26bn¥1.32bn¥1.18bn¥1.21bn
Cash and short-term investments¥785.9m¥973.8m¥700.5m¥508.9m¥558.0m¥761.2m¥639.7m¥661.9m
Shareholders' equity¥691.3m¥746.0m¥668.1m¥620.1m¥565.3m¥639.9m¥622.4m¥617.4m

Financial ratios

Data as of 26 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2015FY2014FY2013FY2012FY2009FY2008FY2007FY2005
Operating margin3.0%4.3%5.5%5.3%3.3%6.8%————————
Net margin3.7%2.8%4.2%3.8%2.3%5.4%————————
Return on equity22.7%13.5%21.4%21.2%11.2%23.5%————————
Return on assets9.0%6.5%10.0%9.4%6.3%11.3%————————
Free cash flow yield8.1%2.8%4.9%12.0%-0.2%8.0%————————
Revenue growth45.4%2.4%3.1%38.1%13.3%114.1%————————
Earnings growth95.9%-33.7%16.0%122.6%-51.1%99.3%————————
Current ratio1.58x1.82x1.77x1.70x2.14x1.84x————————
Debt to equity——-0.14x-0.17x-0.13x0.00x——————0.10x0.28x
Equity ratio39.8%48.5%46.7%44.4%56.2%48.2%————————
Interest coverage——————12.10x-113.37x-68.09x-2245.91x-25.70x-84.16x——
Buybacks as a share of market value0.0%0.0%-0.4%-0.8%-0.8%-0.4%————————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue15.3%19.1%17.3%
Operating income-3.8%10.2%15.6%
Net income14.7%10.4%17.9%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin3.4%4.3%4.1%4.2%
Net margin3.3%3.6%3.7%4.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings14.230.619.023.546.123.144.421.522.638.5
Price to sales0.50.80.80.91.11.32.61.41.22.5

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 30 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year5.402.402.202.001.801.601.401.20
  • 100-for-1 split · 26 Sept 2013
  • 3-for-1 split · 28 Mar 2006

Sources and methodology

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

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