Takachiho Koheki Co.,Ltd.

Takachiho Koheki Co.,Ltd.

2676.T
Takachiho Koheki Co.,Ltd.JP flagTokyo Stock Exchange
2,095.00
JPY
-12.00
- -
39.13BMarket Cap
Takachiho Koheki Co.,Ltd.
2676.T
(Tokyo Stock Exchange)

Recent

price

2,095.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
899.77
835.63
926.88
999.96
958.59
1,044.43
1,009.21
1,047.74
1,083.93
1,157.47
1,156.07
1,166.63
1,305.2
1,390.1
1,524.24
- -
1,390.91
Revenue per Share
20.74
17.25
28.46
28.88
30.06
5.39
14.83
7.01
26.76
10.7
30.78
49.31
67.34
79.23
79.1
- -
79.28
Basic EPS, GAAP
60.72
83.32
33.4
20.88
57.54
13.08
41.14
3.23
43.61
4.06
10.71
58.6
-86.88
85.05
156.94
- -
- -
Free Cash Flow per Basic Share
12.01
12.19
14.5
12
12.01
12.14
12
12
12.23
12
12.04
12.55
33.75
81.57
81.63
- -
- -
Dividend per Share
615.44
628.43
654.92
671.97
693.74
700.38
648.75
714.93
742.09
763.4
782.18
818.75
848.62
834.79
819.27
- -
835.27
Book Value per Share
664.3
617.41
648.04
686.7
642
640.49
672.56
708.22
725.25
754.42
776.87
826.56
905.04
918.37
906.2
- -
918.91
Tangible Book Value per Share
20
20
20
20
20
19
19
19
18
18
18
18
18
18
18
- -
18
Basic Weighted Avg Shares
18,201
16,689
18,150
19,581
18,809
19,987
19,037
19,570
19,894
20,616
20,591
20,785
23,361
25,224
28,098
29,511
25,224
Sales/Revenue/Turnover
13.42
14.7
15.46
15.36
13.99
12.92
2.63
3.39
4.97
3.82
4.3
4.93
5.89
5.81
7.4
7.11
5.81
Operating Margin (%)
63
136
324
371
400
601
471
295
242
190
133
183
185
199
193
181
- -
Depreciation Expense
420
344
557
566
590
103
280
131
491
191
548
878
1,205
1,438
1,458
1,415
1,438
Net Income, GAAP
45.11
57.53
44.37
48.12
33.96
77.46
52.44
71.16
45.07
67.55
41
29.33
18.86
32.06
32.82
33.65
32.06
Effective Tax Rate (%)
2.3
2.06
3.07
2.89
3.14
0.52
1.47
0.67
2.47
0.92
2.66
4.23
5.16
5.7
5.19
4.8
5.7
Profit Margin (%)
12,094
11,565
11,667
12,062
11,365
11,299
11,665
11,653
11,789
12,062
11,969
12,583
13,350
13,480
13,383
13,732
13,480
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
40
29
18
40
LT Debt
13,571
13,502
13,867
14,344
14,948
13,845
13,834
13,958
13,767
13,585
14,175
15,026
16,432
16,836
16,835
17,595
16,836
Total Equity
9.83
7.58
11.19
10.82
11.69
4
1.69
1.36
3.86
1.84
3.72
4.89
7.02
5.86
8.07
7.72
5.86
Return on Invested Capital (%)
3.4
2.78
4.14
4.24
4.36
0.78
2.19
1.03
3.65
1.4
3.98
6.16
8.1
9.46
9.62
9.2
9.46
Return on Capital (%)
3.39
2.76
4.39
4.35
4.41
0.76
2.18
1.02
3.64
1.4
3.98
6.16
8.1
9.48
9.64
9.43
9.48
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
- -
- -
11
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
28,518
33,006
34,457

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
18,336
18,179
18,888
Cash, Cash Equivalents & STI
4,867
5,272
4,872
Accounts Receivable, Net
5,799
4,992
5,739
Inventories
4,958
5,001
5,361
Total Current Liabilities
5,038
4,962
5,408
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
11
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.48%
4.46%
4.51%
Free Cash Flow
146.52%
9.86%
-37.08%
Net Income, GAAP
63.47%
23.04%
-2.92%
Sales/Revenue/Turnover
4.1%
7.55%
5.03%
Total Cash Common Dividend
31.97%
65.52%
6.46%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,080
6,649
6,232
6,264
25,224
2025
- -
- -
- -
- -
28,098
2026
- -
- -
- -
- -
29,511

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21.7
- -
- -
- -
79.23
2025
- -
- -
- -
- -
79.1
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
81.57
2025
- -
- -
- -
- -
81.63
2026
- -
- -
- -
- -
- -
Business
Takachiho Koheki Co., Ltd. operates as a technology trading company specializing in electronics, importing, exporting, selling, and maintaining advanced technology products and integrated solutions primarily in Japan. Founded in 1952 and headquartered in Shinjuku-ku, Tokyo, the company conducts business through three main segments: Cloud Services & Support, Systems, and Devices. In the Cloud Services & Support segment, it provides managed service provider (MSP) services integrating equipment, cloud services, and operations management; cloud-based network products including wireless LAN systems; maintenance services for systems products; and other cloud offerings such as surveillance cameras, access control systems, network security visualization, employee location confirmation, and retail analytics tools like store entrance counters and RFID data management platforms. The Systems segment delivers retail security products encompassing electronic article surveillance, display product security, surveillance cameras, image analysis, facial recognition, store management, remote monitoring, and RFID systems; business solutions including access control, surveillance cameras, auto mailing insertion systems, network systems, and IP cameras/NVR; and global offerings such as fire protection systems, with operations extending to markets like Thailand. The Devices segment supplies electronics products like semiconductors, analog ICs, power modules, sensors including silicon microphones, connectors, transformers, coils, GPU boards, and modules; and mechatronics components such as slide rails, cable guides, constant force springs, dampers, gas springs, lifting systems, cylinder locks, monitor arms, soft-close units, and electronic locks, targeting industries including semiconductor manufacturing equipment, information/communication devices, printers, car navigation, cash equipment, multifunctional machines, housing equipment, and consumer/business/industrial/amusement/auto applications. Recent developments include the launch of a new medium-term management plan in April 2025 emphasizing strategic investments of ¥6.0 billion, with a focus on M&A particularly in Southeast Asia, global expansion, cybersecurity enhancements, and a matrix organization for cross-functional collaboration; a capital and business alliance with Terilogy Holdings Corporation; business partnerships in August 2024 with Terilogy as sales distributor for Nozomi Networks USA in OT/IoT security; segment reclassification effective fiscal year ending March 2025 to position cloud subscription and maintenance as growth areas; new product launches such as imaging AI for shoplifting detection, security tags for self-checkout, and a managed services platform in October 2024; and initiatives like the "unknown loss reduction program" for retail stores launched in September 2024, alongside strengthened cybersecurity for manufacturing and data center security solutions. The company maintains a robust customer base of approximately 25,000 accounts, leverages a Silicon Valley Innovation Center for new business development, and prioritizes ESG/SDGs alignment, DX for operational efficiency, and progressive shareholder returns including a 100% dividend payout policy until achieving 8% average three-year ROE.