1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Department Stores
Joshin Denki Co., Ltd.

Joshin Denki Co., Ltd.

8173.T
Joshin Denki Co., Ltd.JP flagTokyo Stock Exchange
3,440.00
JPY
-15.00
- -
89.03BMarket Cap
Joshin Denki Co., Ltd.
8173.T
(Tokyo Stock Exchange)

Recent

price

3,440.00

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
17,533.97
16,429.3
14,721.94
16,079.32
14,781.29
14,340.36
14,176.49
14,786.58
15,195.94
15,560.74
16,785.18
15,299.56
15,341.63
15,343.76
22,003.48
16,881.58
7,909.08
Revenue per Share
247.84
250.14
139.23
121.54
133.61
166.23
196.52
210.59
239.1
202.84
331.61
238.77
186.75
185.9
185.9
126.81
68.31
Basic EPS, GAAP
-33.4
-279.9
-440.3
-40.98
-1.15
-132.53
219.09
359.5
-177.2
208.94
727.62
-274.38
-81.5
-162.22
549.19
334.07
- -
Free Cash Flow per Basic Share
27.92
29.88
32.26
31.77
31.87
31.94
32.6
32.42
42.52
50.39
50.08
75.13
75.53
75.45
129.32
153.83
- -
Dividend per Share
1,744.06
1,823.52
1,928.72
2,008.4
2,094.07
2,109.83
2,259
2,430.13
2,619.08
2,762.49
3,008.45
2,989.05
3,108.74
3,247.87
4,690.93
3,296.67
3,270.74
Book Value per Share
1,924.58
2,141.31
2,265.51
2,396.7
2,564.68
2,623.6
2,799.01
2,973.84
3,150.25
3,248.96
3,617.74
3,595.42
3,689.34
3,879.42
5,513.76
3,880.66
3,853.92
Tangible Book Value per Share
25
25
25
25
25
26
26
26
27
27
27
27
27
26
18
26
26
Basic Weighted Avg Shares
435,237
410,174
365,958
401,798
372,385
375,782
374,387
391,726
403,832
415,643
449,121
409,508
408,460
403,692
403,259
436,650
206,209
Sales/Revenue/Turnover
2.76
2.98
1.48
1.84
1.79
2.09
2.13
2.47
2.72
2.16
3.68
2.17
2.03
2.07
0.91
1.24
1.83
Operating Margin (%)
3,306
3,926
4,167
4,399
4,665
4,659
4,506
4,483
4,864
5,087
5,330
5,523
5,572
5,763
5,825
5,792
- -
Depreciation Expense
6,152
6,245
3,461
3,037
3,366
4,356
5,190
5,579
6,354
5,418
8,873
6,391
4,972
4,891
3,407
3,280
1,781
Net Income, GAAP
33.4
44.84
32.31
47.5
44.28
34.71
22.61
38.75
33.98
33.2
30.03
33.07
34.84
36.66
40.05
38.44
44.26
Effective Tax Rate (%)
1.41
1.52
0.95
0.76
0.9
1.16
1.39
1.42
1.57
1.3
1.98
1.56
1.22
1.21
0.84
0.75
0.86
Profit Margin (%)
10,406
13,312
15,899
22,036
18,175
24,324
24,238
21,145
23,087
23,140
27,236
29,467
30,182
39,434
44,613
43,059
43,973
Working Capital
24,861
23,453
26,963
30,825
25,415
25,558
28,908
27,760
28,149
27,572
21,046
19,730
18,265
23,515
26,198
23,829
27,603
LT Debt
49,583
55,414
58,534
61,949
66,808
70,774
75,857
80,891
86,090
89,147
99,302
98,640
100,697
104,612
104,663
105,362
103,609
Total Equity
8.82
7.08
3.56
3.51
3.27
4.36
5.09
4.76
5.54
4.45
8.41
4.23
3.75
3.43
1.41
2.23
1.4
Return on Invested Capital (%)
7.89
7.7
4.05
3.32
3.62
4.54
5.21
5.41
5.82
4.75
7.66
5.46
4.05
3.73
2.63
2.72
1.41
Return on Capital (%)
14.66
14.06
7.41
6.19
6.54
8.06
9.03
9
9.48
7.56
11.5
7.96
6.11
5.82
3.97
3.83
2.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
30,100
- -
18,709
LT Borrowings
23,003
- -
27,603
LT Finance Leases
512
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
- -
26
Market Capitalization
61,506
69,066
70,552

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
124,005
- -
117,585
Cash, Cash Equivalents & STI
3,891
- -
3,652
Accounts Receivable, Net
20,115
- -
16,020
Inventories
78,369
- -
76,031
Total Current Liabilities
84,571
- -
73,612
Payables & Accruals
- -
- -
- -
ST Debt
30,100
- -
18,709
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.12%
1.21%
0.67%
Free Cash Flow
-78.26%
-92.29%
-14.15%
Net Income, GAAP
0.37%
-17.17%
-3.73%
Sales/Revenue/Turnover
1.62%
-0.42%
8.28%
Total Cash Common Dividend
- -
- -
67.89%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
90,377
107,106
109,807
96,402
403,692
2025
- -
- -
- -
- -
403,259
2026
- -
- -
- -
- -
436,650

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23.47
- -
- -
- -
185.9
2025
- -
- -
- -
- -
185.9
2026
- -
- -
- -
- -
126.81

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
75.45
2025
- -
- -
- -
- -
129.32
2026
- -
- -
- -
- -
153.83
Similar Companies
Lifestyle China Group Limited (2136.HK)
Saikaya Department Store Co., Ltd. (8254.T)
PT DFI Retail Nusantara Tbk (HERO.JK)
Grupo Famsa, S.A.B. de C.V. (GFAMSAA.MX)
Chongqing Department Store Co.,Ltd. (600729.SS)
MARX Biotech Co., Ltd. (7731.TWO)
Business
Joshin Denki Co., Ltd. is a Japan-based company principally engaged in the retail business of home electric appliances and related services. Founded in 1948 and headquartered in Osaka, the company offers a broad range of products including home appliances, information and communication equipment, entertainment products, housing equipment, and related goods. Its retail operations encompass multiple store brands such as Joshin, J&P, DISC PIER, Joshin OUTLET, Mother Pier, Mega Watch, BOOK-OFF, and TSUTAYA. Beyond product sales, Joshin Denki provides ancillary services including product delivery, installation, repair and maintenance services, insurance agency services for both property and casualty as well as life insurance, music and video software rental, and used book resale. The company operates primarily in Japan and emphasizes community-rooted service strategies aimed at enhancing customer loyalty and lifestyle support. Recent major developments include a notable 9.6% increase in net sales reported for the six months ended September 30, 2025, signaling resilience in consumer demand and the effectiveness of the company’s sales strategies. Despite this sales growth, profitability metrics showed some pressure with a decline in operating profit and net income during the same period. Joshin Denki continues to expand its business scope through strategic store openings and additions, including incorporating a DAISO store within one of its locations, as well as strengthening operations with logistics improvements and increasing internet sales by 26.1% year-over-year. The company also maintains a commitment to sustainability and innovation, exemplified by the implementation of solar power generation facilities with large-capacity rechargeable battery systems at stores since 2024. These operational enhancements illustrate Joshin Denki’s ongoing pursuit of growth through diversified retail formats, digital sales channels, and energy-efficient initiatives.