Dualtap Co., Ltd.

Dualtap Co., Ltd.

TTSE:3469
843.00
JPY
0.00
(0.00%)
3.59BMarket Cap
Nov 13Next Earn
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
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
- -
- -
Basic EPS, GAAP
116.51
83.71
66.99
96.08
55.15
73.06
3.48
16.83
56.08
-112.53
- -
- -
Free Cash Flow per Basic Share
-327.6
-497.42
-132.68
119.85
336.38
473.94
-1,240.98
811.72
345.65
-608.55
- -
- -
Dividend per Share
- -
- -
7.67
9.94
12.88
10.47
10.94
11.46
11.74
12.17
- -
- -
Book Value per Share
281
364.71
411.41
495.48
537.61
600.39
592.82
596.31
641.1
516.23
- -
516.93
Tangible Book Value per Share
279.24
362.25
409.26
491.71
500.6
567.94
564.56
572.62
613.97
494.57
- -
498.1
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
4
3
Sales/Revenue/Turnover
6,029
6,997
9,697
9,778
9,543
7,254
6,148
10,756
8,627
5,173
- -
- -
Operating Margin (%)
8.47
5.88
4.68
5.79
4.52
5.88
2.82
0.47
3.56
-4.95
- -
- -
Depreciation Expense
41
47
50
36
56
50
43
39
60
136
- -
- -
Net Income, GAAP
294
211
220
325
189
251
12
58
193
-387
- -
- -
Effective Tax Rate (%)
36.84
35.89
36.29
31.48
34.46
31.66
79.96
39.71
29.2
- -
- -
- -
Profit Margin (%)
4.87
3.01
2.27
3.33
1.98
3.45
0.19
0.54
2.23
-7.48
- -
- -
Working Capital
951
1,071
1,258
2,581
2,511
2,663
3,713
2,643
4,390
2,252
- -
2,304
LT Debt
949
1,558
1,124
1,959
1,022
956
2,076
909
2,542
1,869
- -
1,910
Total Equity
708
919
1,387
1,697
1,844
2,059
2,035
2,047
2,202
1,788
- -
1,794
Return on Invested Capital (%)
- -
7.55
6.22
7.24
5.56
7.04
0.65
0.52
4.55
- -
- -
- -
Return on Capital (%)
- -
7.39
6.06
6.94
4.76
6.77
0.5
1.72
4.51
- -
- -
- -
Return on Common Equity (%)
- -
25.93
19.1
21.09
10.67
12.84
0.58
2.83
9.06
-19.41
- -
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'24
Jun'24
Dec'25
ST Debt
2,755
1,848
801
LT Borrowings
2,137
1,863
1,892
LT Finance Leases
7
6
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
1,477
3,574
3,587

Working Capital

JPY

•

in mil. unless spec.
Mar'24
Jun'24
Dec'25
Total Current Assets
5,553
4,487
3,500
Cash, Cash Equivalents & STI
766
1,031
1,107
Accounts Receivable, Net
75
81
83
Inventories
4,544
3,129
2,130
Total Current Liabilities
3,068
2,235
1,197
Payables & Accruals
- -
- -
- -
ST Debt
2,755
1,848
801
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

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

JPY

•

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

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-47.74
-49.19
-11.34
-4.36
-112.53
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
12.17
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Takahiro Usui
Full Time Employees
227
Sector
Finance
Industry
Real estate development
Address
4-7 Hisamatsucho Tokyo TY Japan 103-0005
IPO Date
Jul 21, 2016
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.