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    Retail trade

  3. •

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Watts Co., Ltd.

Watts Co., Ltd.

TTSE:2735
754.00
JPY
+4.00
(+0.53%)
8.89BMarket Cap
Jan 08Next Earn
Watts Co., Ltd.
TSE:2735
(Tokyo Stock Exchange)

Recent

price

754.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
JPY
2,793.41
3,068.74
3,230.69
3,290.94
3,216.25
3,281.89
3,408.34
3,505.64
3,652.27
3,830.25
3,940.59
3,784.36
4,319.41
4,370.29
4,637.58
4,667.86
- -
Revenue per Share
58.62
81.84
93.31
88.62
69.97
51.73
53.04
61.96
46.79
5.26
57.8
72.09
57.83
18.46
68.45
66
- -
Basic EPS, GAAP
93.05
102.89
132.47
198.22
104.45
-83.33
4.1
53.64
1.17
122.31
28.38
-28.64
78.28
-29.38
259.93
-213.31
- -
Free Cash Flow per Basic Share
5
9.96
12.41
14.92
16.93
16.97
16.97
14.97
15.02
15.21
10.03
15.05
21.92
15.03
15.34
30.44
- -
Dividend per Share
315.92
381.62
459.73
568.05
621.51
661.87
683.92
736.23
769.05
757.62
782.34
837.6
878.88
888.42
951.11
984.67
1,010.61
Book Value per Share
294.69
372.71
454.01
565.97
619.06
657.81
679.36
730.44
763.91
746.6
765.32
791.91
797.37
825.34
904.09
954.2
988.29
Tangible Book Value per Share
12
12
13
13
14
14
14
14
14
13
13
13
14
14
13
13
13
Basic Weighted Avg Shares
34,635
38,188
40,759
41,725
43,574
44,463
46,176
47,494
49,481
51,399
52,796
50,703
58,348
59,309
61,257
61,579
- -
Sales/Revenue/Turnover
3.83
4.76
5.04
4.97
4.1
2.83
2.61
2.55
2.02
1.39
3.35
3.29
1.71
1.05
2.04
2.31
- -
Operating Margin (%)
366
415
368
275
256
281
377
358
388
442
419
381
692
748
740
948
- -
Depreciation Expense
727
1,018
1,177
1,124
948
701
719
839
634
71
774
966
781
251
904
871
- -
Net Income, GAAP
51.17
47.41
42.85
45.33
45.68
40.32
38.89
39.33
40.21
107.51
29.36
39.13
19.9
25.57
25.29
36.43
- -
Effective Tax Rate (%)
2.1
2.67
2.89
2.69
2.18
1.58
1.56
1.77
1.28
0.14
1.47
1.9
1.34
0.42
1.48
1.41
- -
Profit Margin (%)
1,600
2,926
3,809
4,958
5,218
5,542
5,766
6,452
6,190
5,724
6,755
7,429
8,629
8,954
9,934
10,164
8,757
Working Capital
874
1,243
1,102
644
404
468
535
772
532
573
570
396
2,312
2,105
2,208
1,962
50
LT Debt
3,917
4,792
5,817
7,696
8,420
8,967
9,266
9,874
10,234
9,867
10,482
11,222
11,931
11,965
12,517
13,030
13,415
Total Equity
9.5
12.71
13.74
12.01
9.77
7.35
6.96
6.44
5.07
-0.47
10.62
8.07
5.69
3.05
5.93
5.42
- -
Return on Invested Capital (%)
12.24
15.01
15.03
12.73
10
7.15
7.08
8.61
6.33
1.52
6.89
8.05
5.79
1.74
5.98
5.51
- -
Return on Capital (%)
20.28
23.39
22.19
16.63
11.76
8.06
7.88
8.73
6.22
0.69
7.51
8.9
6.75
2.1
7.39
6.82
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Aug'25
Nov'26
Feb'26
ST Debt
1,373
- -
2,103
LT Borrowings
1,962
- -
50
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
8,773
8,284
8,894

Working Capital

JPY

•

in mil. unless spec.
Aug'25
Nov'26
Feb'26
Total Current Assets
21,186
- -
19,950
Cash, Cash Equivalents & STI
6,187
- -
4,841
Accounts Receivable, Net
3,502
- -
3,046
Inventories
11,236
- -
11,763
Total Current Liabilities
11,021
- -
11,192
Payables & Accruals
- -
- -
- -
ST Debt
1,373
- -
2,103
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.85%
4.47%
4.09%
Free Cash Flow
930.16%
-371.43%
-181.96%
Net Income, GAAP
109.8%
38.96%
-3.7%
Sales/Revenue/Turnover
3.4%
3.31%
0.52%
Total Cash Common Dividend
11.8%
32.65%
98.19%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,814
15,442
15,348
15,653
61,257
2025
- -
- -
- -
- -
61,579
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.79
26.23
24.64
10.91
68.45
2025
- -
- -
- -
- -
66
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
15.34
2025
- -
- -
- -
- -
30.44
2026
- -
- -
- -
- -
- -
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Business
Watts Co., Ltd. (2735.T) operates a chain of 100-yen shops in Japan, specializing in the retail of daily necessities, household goods, and miscellaneous items under brands including Watts, Watts with, FLET’S, Watts Meets Silk, Hyakuen Ryoji-kan, Nippan, Tokino:ne, Buona Vita, Value 100, Real, KOMONOYA, and Shokumono Ien; core product categories encompass cosmetics, hygiene and nursing care products, baby items, clothing and accessories, bath and toiletries, laundry supplies, kitchen utensils, home and living essentials, cleaning products, interior goods, storage solutions, stationery and office supplies, hobbies and entertainment items, toys and games, camping gear, electrical appliances, digital products, seasonal event goods, and handmade craft supplies. The company also engages in wholesale distribution of these goods and supports overseas business initiatives with store development and product supply abroad. Founded in February 1995 and headquartered in Osaka, Japan, Watts Co., Ltd. maintains extensive geographic operations across all 47 Japanese prefectures through hundreds of stores and targets individual consumers and bulk buyers via dedicated online platforms for single-item and large-volume purchases. Recent financial performance reflects revenue of approximately JPY 61.58 billion and net profit of JPY 870 million, with ongoing store expansion and enhancements to private-label offerings representing key operational advancements in the discount retail sector.