1. Japan Stocks

  2. •

    Finance

  3. •

    Real estate development
Tosei Corporation

Tosei Corporation

9.15
USD
-1.40
(-13.27%)
1.02BMarket Cap
Jan 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
377.1
518.72
446.34
517.03
599.39
636.23
635.51
676.39
656.06
750.41
832.6
850.29
978.78
- -
Basic EPS, GAAP
21.57
29.83
42.92
57.57
63.88
70.84
88.4
38.11
71.44
91.03
110.11
123.99
152.52
- -
Free Cash Flow per Basic Share
29.65
2.76
-47.24
-78.4
73.12
77.64
-40.73
128.96
-0.42
-3.86
55.27
-137.32
-19.95
- -
Dividend per Share
2.94
3.99
6
8.01
11.02
12.48
15.23
21.13
9.53
19.19
25.25
33.03
39.56
196.52
Book Value per Share
312.31
339.66
375.99
425.62
479.05
537
613.99
626.39
691.71
766.52
849.87
935.81
1,062.53
1,148.78
Tangible Book Value per Share
311.98
338.85
374.99
424.61
478.18
536.09
613.07
624.16
673.65
749.48
833.91
920.1
1,047.11
1,133.42
Basic Weighted Avg Shares
93
96
96
96
96
97
96
95
94
95
95
97
97
25
Sales/Revenue/Turnover
35,070
49,982
43,007
49,818
57,754
61,543
60,728
63,940
61,726
70,953
79,446
82,192
94,689
- -
Operating Margin (%)
11.16
11.13
16.03
18.63
17.03
17.67
20.9
10.05
17.76
19.05
20.46
22.49
23.59
- -
Depreciation Expense
173
189
222
333
393
621
874
1,216
1,492
1,589
1,594
1,596
1,676
- -
Net Income, GAAP
2,006
2,874
4,136
5,547
6,155
6,852
8,447
3,602
6,721
8,607
10,507
11,985
14,755
- -
Effective Tax Rate (%)
37.73
38.37
31.53
34.35
31.98
32.63
30.13
38.96
34.74
32.51
31.37
30.89
28.28
- -
Profit Margin (%)
5.72
5.75
9.62
11.14
10.66
11.13
13.91
5.63
10.89
12.13
13.23
14.58
15.58
- -
Working Capital
42,694
50,250
54,070
77,941
73,699
77,676
84,279
86,877
103,017
114,695
138,478
155,682
177,368
187,237
LT Debt
27,449
35,025
39,176
60,772
60,674
67,717
73,552
79,193
103,522
111,108
132,804
145,114
155,014
155,819
Total Equity
30,092
32,728
36,228
41,010
46,159
52,022
58,306
58,970
65,959
72,291
82,319
90,867
102,836
111,192
Return on Invested Capital (%)
3.9
4.88
5.88
6.12
5.89
6.02
6.35
2.61
4.28
4.77
5.17
5.19
5.83
- -
Return on Capital (%)
3.93
4.96
5.99
6.26
6.01
6.15
6.52
2.74
4.42
4.96
5.37
5.43
6.06
- -
Return on Common Equity (%)
7.09
9.15
12
14.36
14.12
13.96
15.31
6.14
10.76
12.45
13.62
13.89
15.27
- -

Capital Structure

JPY

•

in mil. unless spec.
Nov'25
Feb'26
May'26
ST Debt
27,626
20,026
- -
LT Borrowings
155,014
151,770
155,819
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
97
97
Market Capitalization
168,806
167,139
162,562

Working Capital

JPY

•

in mil. unless spec.
Nov'25
Feb'26
May'26
Total Current Assets
220,252
213,018
222,999
Cash, Cash Equivalents & STI
39,604
46,224
48,073
Accounts Receivable, Net
10,198
7,242
13,925
Inventories
170,358
159,524
159,971
Total Current Liabilities
42,884
33,496
35,762
Payables & Accruals
- -
- -
- -
ST Debt
27,626
20,026
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.05%
11.77%
13.17%
Free Cash Flow
-193.89%
-250.62%
-85.46%
Net Income, GAAP
19.62%
34.78%
23.11%
Sales/Revenue/Turnover
8.44%
8.42%
15.2%
Total Cash Common Dividend
27.5%
26.5%
19.88%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34,869
22,750
11,801
12,772
82,192
2025
46,067
19,992
- -
10,727
94,689
2026
60,498
25,459
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
66.64
37.48
1,773.27
1,160.9
123.99
2025
84.55
6,017.23
- -
1,142.01
152.52
2026
105.22
5,952.88
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32.53
0.5
2.54
0.67
33.03
2025
39.07
70.56
- -
0.46
39.56
2026
49.13
152.44
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Seiichiro Yamaguchi
Full Time Employees
875
Sector
Finance
Industry
Real estate development
Address
Tamachi Tosei Building Tokyo TY Japan 105-0001
IPO Date
Feb 27, 2004
Website
toseicorp.co.jp
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Business
Tosei Corporation engages in real estate revitalization, development, rental, fund and consulting, property management, and hotel businesses primarily in Japan, with a focus on the Greater Tokyo area. The company acquires properties whose asset values have declined, enhances their value through improvements, and resells them to domestic and overseas investors, general corporations, and individuals; develops and sells condominiums, detached houses under brands such as THE PALMS series and THE PALMS COURT series, offices, commercial facilities, hotels, logistics facilities, and apartments; leases offices, apartments, and commercial facilities; provides asset management for real estate funds, crowdfunding, security token offerings, and digital matching services; offers comprehensive property management including building management, security, renovation contracting, tenant management, and leasing; and operates hotels under the TOSEI HOTEL COCONE brand. Founded in 1950 and headquartered at Tamachi Tosei Bldg., 4-5-4 Shibaura, Minato-ku, Tokyo, Tosei lists on the Tokyo Stock Exchange Prime Market (8923). In recent developments, the company concluded a capital and business alliance with Nagoya Railroad Co., Ltd. in 2024 and has aggressively pursued real estate acquisitions through business succession support and M&A, completing six properties worth approximately 4 billion yen in Tokyo and Kanagawa in early 2025 as part of a 100 billion yen annual target, bringing its total track record to 94 properties across 19 deals since 2001.