Baroque Japan Ltd.

Baroque Japan Ltd.

TTSE:3548
612.00
JPY
-9.00
(-1.45%)
2.69EPS
28.34BMarket Cap
Jan 14Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
2,146.82
1,896.55
1,817.45
1,405.67
1,642.1
1,633.77
1,673.56
1,617.2
1,433.81
1,654.26
Basic EPS, GAAP
- -
- -
108.34
34.5
79.2
10.42
40.84
6.75
26.23
-71.58
10.19
-1.14
Free Cash Flow per Basic Share
- -
104.65
63.45
3.07
68.39
-22.7
32.02
22.46
-34.5
15.09
-11.75
- -
Dividend per Share
- -
- -
- -
9.91
38.37
38.18
32.15
38.21
38.2
38.25
38.31
- -
Book Value per Share
- -
155.45
465.68
488.39
562.47
536.18
562.33
541.96
535.78
434.58
408.27
502.89
Tangible Book Value per Share
- -
151.09
457.09
473.09
544.67
513.43
535.4
507.67
463.58
344.33
310.36
416.12
Basic Weighted Avg Shares
31
31
32
36
36
36
36
36
36
36
36
36
Sales/Revenue/Turnover
- -
- -
69,493
67,952
65,880
50,590
59,139
58,842
60,290
58,180
51,499
59,563
Operating Margin (%)
- -
- -
7.73
3.76
6.99
2.59
4.66
3.66
3.24
1.4
0.62
1.93
Depreciation Expense
- -
746
946
814
926
945
811
724
862
937
905
- -
Net Income, GAAP
- -
- -
3,507
1,236
2,871
375
1,471
243
945
-2,575
366
-41
Effective Tax Rate (%)
- -
- -
32.79
34.21
29.71
18.18
30.3
55.69
32.22
- -
6.14
72.13
Profit Margin (%)
- -
- -
5.05
1.82
4.36
0.74
2.49
0.41
1.57
-4.43
0.71
-0.07
Working Capital
- -
8,075
17,167
21,593
17,436
19,758
18,533
18,949
20,634
17,473
8,044
19,190
LT Debt
- -
7,402
6,184
9,061
3,125
6,000
3,000
3,000
6,000
6,000
5,000
6,000
Total Equity
- -
5,853
17,002
18,465
21,492
20,911
22,436
22,084
22,202
18,796
14,706
21,347
Return on Invested Capital (%)
- -
- -
15.83
5.59
10.49
3.55
6.2
3.1
4.34
- -
1.21
1.09
Return on Capital (%)
- -
- -
15.7
3.13
8.86
0.33
3.87
0.09
2.43
- -
1.79
-0.58
Return on Common Equity (%)
- -
- -
31.81
7.24
15.18
1.9
7.44
1.22
4.87
-14.74
2.41
-0.23

Capital Structure

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
ST Debt
2,000
2,000
2,000
LT Borrowings
6,000
6,000
6,000
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
28,352
27,802
28,341

Working Capital

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
Total Current Assets
27,651
28,059
28,062
Cash, Cash Equivalents & STI
12,181
10,208
10,374
Accounts Receivable, Net
9,613
11,164
11,707
Inventories
5,556
6,357
5,677
Total Current Liabilities
7,017
8,698
8,872
Payables & Accruals
- -
- -
- -
ST Debt
2,000
2,000
2,000
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-6.17%
-21.76%
Free Cash Flow
- -
-169.2%
-177.72%
Net Income, GAAP
- -
2.2%
-114.21%
Sales/Revenue/Turnover
- -
0.78%
-11.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
13,859
13,854
- -
- -
58,180
2026
- -
- -
- -
- -
51,499
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.08
-10.93
- -
- -
-71.58
2026
- -
- -
- -
- -
10.19
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
38.25
2026
- -
- -
- -
- -
38.31
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hiroyuki Murai
Full Time Employees
1,266
Sector
Retail trade
Industry
Apparel/Footwear retail
Address
Sumitomo Realty and Development Aobadai Hills Tokyo TY Japan 153-0042
IPO Date
Nov 1, 2016
Business
Baroque Japan Limited (Tokyo Stock Exchange: 3548) designs, manufactures, and retails fashion apparel and accessories under its core brands, including MOUSSY, SLY, and AMERICAN RAG CIE; the company offers a range of products such as women's and men's clothing, bags, shoes, and lifestyle items through multi-brand stores, standalone brand shops, and e-commerce platforms. Founded in 1996 and headquartered in Tokyo, Japan, Baroque operates primarily in the apparel retail sector, targeting young urban consumers in Japan with a focus on trendy, casual fashion; it maintains an extensive network of over 200 stores across Japan and has expanded into select Asian markets including Taiwan, Hong Kong, and South Korea. The company emphasizes direct-to-consumer sales via physical retail and online channels, supplemented by wholesale distribution to department stores and collaborations with influencers to drive brand engagement. In recent developments, Baroque Japan Limited announced a strategic partnership with a leading South Korean fashion retailer in early 2025 to accelerate its expansion in the Korean market, marking its first major international alliance in two years; additionally, the company completed a JPY 5 billion funding round in mid-2024 led by domestic institutional investors to support digital transformation initiatives and new product launches, including an eco-friendly apparel line under the MOUSSY brand. These moves follow a 2024 reorganization that streamlined its supply chain operations amid post-pandemic recovery, enhancing operational efficiency and positioning the firm for sustained growth in the competitive fast-fashion segment.