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Dualtap Co., Ltd.

Dualtap Co., Ltd.

3469.T
Dualtap Co., Ltd.JP flagTokyo Stock Exchange
1,019.00
JPY
+4.00
- -
4.46BMarket Cap
Dualtap Co., Ltd.
3469.T
(Tokyo Stock Exchange)

Recent

price

1,019.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2,392.5
2,776.5
2,949.71
2,889.15
2,784.61
2,114.84
1,792.06
3,133.77
2,513.1
1,505.28
- -
1,506.81
Revenue per Share
116.51
83.71
66.99
96.08
55.15
73.06
3.48
16.83
56.08
-112.53
- -
-112.65
Basic EPS, GAAP
-327.6
-497.42
-132.68
119.85
336.38
473.94
-1,240.98
811.72
345.65
-608.55
- -
- -
Free Cash Flow per Basic Share
- -
- -
7.67
9.94
12.88
10.47
10.94
11.46
11.74
12.17
- -
- -
Dividend per Share
281
364.71
315.95
456.72
493.28
555.42
547.98
553.02
597.37
473.53
- -
474.01
Book Value per Share
279.24
362.25
419.56
497.69
501.03
567.94
564.85
572.62
614.24
498.56
- -
499.07
Tangible Book Value per Share
3
3
3
3
3
3
3
3
3
3
4
3
Basic Weighted Avg Shares
6,029
6,997
9,697
9,778
9,543
7,254
6,148
10,756
8,627
5,173
- -
5,173
Sales/Revenue/Turnover
8.47
5.88
4.68
5.79
4.52
5.88
2.82
0.47
3.56
-4.95
- -
-4.95
Operating Margin (%)
41
47
50
36
56
50
43
39
60
136
- -
- -
Depreciation Expense
294
211
220
325
189
251
12
58
193
-387
- -
-387
Net Income, GAAP
36.84
35.89
36.29
31.48
34.46
31.66
79.96
39.71
29.2
- -
- -
213.9
Effective Tax Rate (%)
4.87
3.01
2.27
3.33
1.98
3.45
0.19
0.54
2.23
-7.48
- -
-7.48
Profit Margin (%)
951
1,071
1,258
2,581
2,511
2,663
3,713
2,643
4,390
2,252
- -
2,252
Working Capital
949
1,558
1,124
1,959
1,022
956
2,076
909
2,542
1,869
- -
1,869
LT Debt
708
919
1,387
1,697
1,844
2,059
2,035
2,047
2,202
1,788
- -
1,788
Total Equity
- -
7.55
6.22
7.24
5.56
7.04
0.65
0.52
4.55
- -
- -
- -
Return on Invested Capital (%)
- -
7.39
6.3
7.28
4.91
7.04
0.51
1.77
4.66
- -
- -
3.85
Return on Capital (%)
- -
25.93
22.5
25.17
11.68
13.94
0.63
3.06
9.75
-21.03
- -
-21.03
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'24
Jun'24
ST Debt
1,766
2,755
1,848
LT Borrowings
3,077
2,137
1,863
LT Finance Leases
8
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
1,394
1,476
3,550

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'24
Jun'24
Total Current Assets
5,449
5,553
4,487
Cash, Cash Equivalents & STI
951
766
1,031
Accounts Receivable, Net
84
75
81
Inventories
4,246
4,544
3,129
Total Current Liabilities
2,107
3,068
2,235
Payables & Accruals
- -
- -
- -
ST Debt
1,766
2,755
1,848
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
570
565
1,704
2,334
5,173
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-47.74
- -
- -
- -
-112.53
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
12.17
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Dualtap Co., Ltd. (3469.T) engages primarily in real estate planning, development, sales, and management, offering asset-managed condominiums under the XEBEC brand mainly in Tokyo's 23 wards; compact condominiums; rental management and brokerage services; building management; insurance agency operations; overseas real estate management; property securitization; and ancillary services including repair, electricity supply via Dual-tap electricity, and real estate transaction card settlements. Founded in August 2006 and headquartered at 4-7 Nihonbashi-hisamatsucho, Chuo-ku, Tokyo, the company operates in Japan and internationally through subsidiaries such as Dualtap Property Management Co., Ltd., Dualtap International Co., Ltd., Dualtap Malaysia Sdn. Bhd., Dualtap Singapore Pte. Ltd., Dualtap Gojinsha Building Management Co., Ltd., and others in Malaysia and Singapore, targeting individual investors, REITs, real estate funds, and corporations. Recent developments include relocation to the Tokyo Stock Exchange Standard Market in April 2022; sales exceeding 10 billion yen in June 2022; establishment of Dualtap Building Management Sdn. Bhd. in Kuala Lumpur, Malaysia in October 2022; and the "Comforia Kitazawa" project winning the Good Design Award 2022, with ongoing expansions in overseas property management and IT-driven services amid a reported revenue decline to 393 million yen for the first quarter ended September 2025.