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T

Toshin Holdings Co 9444.T · JPY

Consumer Discretionary · Tokyo Stock Exchange · 🇯🇵 Japan

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161

+0.63%

Close of 9 Nov 2026, in JPY

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At a glance

Figures in JPY, from our data supplier.

FY2026

Revenue

¥17.80bn

FY2017FY2026

Net income

−¥1.38bn

FY2017FY2026

Free cash flow

−¥1.08bn

FY2017FY2026

Shareholders' equity

¥1.06bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue¥17.80bn¥17.48bn¥17.13bn¥16.42bn¥18.07bn¥20.98bn¥21.42bn¥24.36bn¥26.68bn¥26.22bn
Gross profit¥2.70bn¥2.89bn¥3.65bn¥3.21bn¥3.59bn¥3.28bn¥3.52bn¥3.32bn¥3.42bn¥3.26bn
Operating income¥259.5m¥44.9m¥324.9m−¥102.0m¥580.8m¥670.8m¥401.4m¥317.1m¥478.3m¥436.5m
Net income−¥1.38bn−¥84.5m¥142.2m−¥209.7m¥344.8m−¥657.8m¥281.5m¥89.5m¥142.9m¥251.7m
Diluted earnings per share-212.87-13.0821.99-32.4353.32-101.7243.9113.9522.2939.69

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets¥21.78bn¥24.53bn¥24.19bn¥22.74bn¥23.37bn¥23.42bn¥22.03bn¥19.83bn¥18.98bn¥18.31bn
Cash and short-term investments¥2.65bn¥3.08bn¥2.08bn¥2.34bn¥2.73bn¥3.58bn¥3.48bn¥3.46bn¥3.54bn¥3.00bn
Total liabilities¥20.65bn¥22.11bn¥21.56bn¥20.12bn¥20.40bn¥20.64bn¥18.48bn¥16.40bn¥15.53bn¥14.90bn
Debt¥15.26bn¥16.50bn¥17.04bn¥15.25bn¥15.35bn¥14.44bn¥14.69bn¥12.57bn¥11.24bn¥10.72bn
Shareholders' equity¥1.06bn¥2.39bn¥2.60bn¥2.60bn¥2.95bn¥2.77bn¥3.54bn¥3.43bn¥3.45bn¥3.40bn
Shares outstanding6m6m6m6m6m6m6m6m6m6m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−¥549.1m¥281.8m¥231.9m¥294.2m−¥212.1m¥1.28bn¥767.6m¥312.4m¥631.3m¥414.0m
Capital spending−¥526.5m−¥1.05bn−¥2.21bn−¥314.1m−¥1.42bn−¥673.2m−¥2.73bn−¥1.40bn−¥535.8m−¥1.56bn
Free cash flow−¥1.08bn−¥765.8m−¥1.97bn−¥19.9m−¥1.63bn¥607.8m−¥1.96bn−¥1.09bn¥95.6m−¥1.15bn
Dividends paid—−¥129.8m−¥155.1m−¥142.2m−¥142.0m−¥140.1m−¥127.3m−¥127.2m−¥126.2m−¥125.4m

Latest quarters

By quarter end

Jul 2026Apr 2026Jan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024
Revenue¥3.03bn¥4.75bn¥4.58bn¥4.58bn¥3.88bn¥4.48bn¥4.42bn¥4.22bn
Gross profit¥721.5m¥455.5m¥833.0m¥825.4m¥797.8m¥299.3m¥784.2m¥320.7m
Operating income−¥81.5m¥86.7m¥14.4m¥81.1m¥77.3m−¥518.9m¥173.6m−¥347.1m
Net income−¥591.2m−¥1.80bn¥262.8m¥142.8m¥21.0m−¥1.12bn¥824.7m−¥389.5m
Diluted earnings per share-91.46-278.8640.6522.093.25-173.71127.57-60.25
Cash from operations—−¥549.0m——————
Capital spending—−¥526.0m——————
Free cash flow—−¥1.07bn——————
Total assets¥20.26bn¥21.78bn¥24.17bn¥24.12bn¥23.27bn¥24.53bn¥24.31bn¥24.33bn
Cash and short-term investments¥761.6m¥2.65bn¥2.67bn¥1.71bn¥1.95bn¥3.08bn¥3.35bn¥1.98bn
Debt¥13.79bn¥7.73bn¥6.56bn¥15.52bn¥6.41bn¥16.07bn¥6.70bn¥16.96bn
Shareholders' equity¥236.5m¥1.06bn¥2.79bn¥2.53bn¥2.39bn¥2.39bn¥3.14bn¥2.37bn

Financial ratios

Data as of 26 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin15.2%16.6%21.3%19.6%19.9%15.6%
Operating margin1.5%0.3%1.9%-0.6%3.2%3.2%
Net margin-7.7%-0.5%0.8%-1.3%1.9%-3.1%
Return on equity-129.4%-3.5%5.5%-8.1%11.7%-23.8%
Return on assets-6.3%-0.3%0.6%-0.9%1.5%-2.8%
Free cash flow yield-1.4%85.0%155.8%38.9%77.3%124.9%
Revenue growth1.8%2.0%4.4%-9.1%-13.9%-2.0%
Earnings growth1528.0%-159.4%-167.8%-160.8%-152.4%-333.6%
Current ratio0.52x0.58x0.48x0.61x0.66x0.77x
Debt to equity7.26x6.73x6.43x5.79x5.16x5.16x
Equity ratio4.9%9.7%10.7%11.4%12.6%11.8%
Interest coverage1.34x0.27x3.06x-1.04x6.06x6.87x
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%-0.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.7%-3.2%-3.8%
Operating income—-17.3%-7.0%
Net income87.2%15.9%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin15.8%18.1%17.9%15.5%
Operating margin0.9%0.8%1.6%1.7%
Net margin-4.1%-2.2%-1.7%-0.3%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings-0.8-31.828.6-20.511.8-6.212.741.824.115.5
Price to sales0.10.10.20.30.20.20.20.10.10.1

Dividends and splits

Per share, in the currency the company pays

Paid for 25 years. Last went ex-dividend on 28 Apr 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year30.0024.0022.0022.0022.0020.0020.0020.00
  • 10-for-1 split · 29 Oct 2013
  • 2-for-1 split · 25 Apr 2006
  • 4-for-1 split · 26 Oct 2005
  • 3-for-1 split · 25 Apr 2005
  • 2-for-1 split · 26 Oct 2004
  • 2-for-1 split · 26 Apr 2004

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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