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    Electronic technology

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    Electronic production equipment
Tamagawa Holdings Co., Ltd.

Tamagawa Holdings Co., Ltd.

TTSE:6838
1,148.00
JPY
-73.00
(-5.98%)
14.91BMarket Cap
Dec 15Next 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
1,699.26
1,113.32
1,238.67
1,745.29
1,058.32
773.55
884.04
1,389.63
1,242.05
1,077.95
551.51
665.43
857.77
- -
Basic EPS, GAAP
157.25
116.49
103.83
39.75
10.63
-34.86
29.58
96.42
16.62
25.7
-80.82
-71.02
41.24
- -
Free Cash Flow per Basic Share
-189.78
136.18
-116.47
228.9
-111.22
-315.28
48.3
307.79
211.96
-21.48
-352.91
-193.16
-97.77
- -
Dividend per Share
- -
- -
- -
9.77
14.78
9.98
5.05
4.73
5.4
6.81
6.81
4.79
2.96
- -
Book Value per Share
553.11
649.09
763.32
784.77
776.79
739.13
763.03
831.28
902.84
927.74
831.69
752.85
838.72
1,030.41
Tangible Book Value per Share
552.65
641.38
716.43
711.15
710.42
676.07
743.14
813.11
886.84
917.03
822.2
746.08
834.79
1,027.25
Basic Weighted Avg Shares
2
4
4
4
4
4
4
5
5
6
6
6
7
7
Sales/Revenue/Turnover
3,672
4,171
5,095
7,260
4,443
3,255
3,842
6,333
6,742
6,236
3,294
4,154
5,588
- -
Operating Margin (%)
10.17
11.44
10.43
3.85
4.26
1.64
3.99
12.72
3.14
6.08
-13.27
-5.18
4.99
- -
Depreciation Expense
22
84
106
187
177
243
423
370
307
183
198
290
348
- -
Net Income, GAAP
340
436
427
165
45
-147
129
439
90
149
-483
-443
269
- -
Effective Tax Rate (%)
9.63
9.15
17.72
38.57
59.54
- -
14.86
20.34
30.82
51.43
- -
- -
25.61
- -
Profit Margin (%)
9.25
10.46
8.38
2.28
1
-4.51
3.35
6.94
1.34
2.38
-14.65
-10.67
4.81
- -
Working Capital
1,407
2,291
2,125
2,172
2,047
2,282
3,432
5,800
4,952
5,024
5,271
6,383
3,860
5,879
LT Debt
151
294
1,487
1,537
1,860
4,149
3,364
2,659
980
699
1,575
2,491
2,854
2,836
Total Equity
1,751
2,638
3,161
3,295
3,261
3,210
3,369
4,157
5,163
5,443
5,002
4,889
5,471
9,120
Return on Invested Capital (%)
24.25
16.29
10.32
3
1.22
- -
1.6
8.58
2.08
2.79
- -
- -
2.37
- -
Return on Capital (%)
25.23
16.94
10.59
3.69
1.23
- -
4.04
7.8
2.63
2.46
- -
- -
3.61
- -
Return on Common Equity (%)
27.06
19.89
14.73
5.12
1.36
-4.53
3.91
11.68
1.94
2.8
-9.25
-8.97
5.19
- -

Capital Structure

JPY

•

in mil. unless spec.
Mar'24
Jun'25
Apr'26
ST Debt
728
- -
709
LT Borrowings
2,487
- -
2,667
LT Finance Leases
4
- -
169
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
9
Market Capitalization
5,266
5,253
14,905

Working Capital

JPY

•

in mil. unless spec.
Mar'24
Jun'25
Apr'26
Total Current Assets
8,121
- -
8,107
Cash, Cash Equivalents & STI
1,211
- -
3,795
Accounts Receivable, Net
1,781
- -
1,538
Inventories
4,970
- -
2,574
Total Current Liabilities
1,738
- -
2,228
Payables & Accruals
- -
- -
- -
ST Debt
728
- -
709
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.11%
6.24%
11.92%
Free Cash Flow
156.64%
275.51%
-47.18%
Net Income, GAAP
-111.69%
-121.63%
-160.6%
Sales/Revenue/Turnover
7.22%
2.48%
34.52%
Total Cash Common Dividend
- -
2.32%
-35.46%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
612
839
963
1,740
4,154
2025
- -
- -
- -
- -
5,588
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-36.86
-26.01
-1.34
-7.75
-71.02
2025
- -
- -
- -
- -
41.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.79
2025
- -
- -
- -
- -
2.96
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Toru Masuzawa
Full Time Employees
278
Sector
Electronic technology
Industry
Electronic production equipment
Address
Shiba Nicho-me Building Tokyo TY Japan 105-0014
IPO Date
Aug 31, 1999
Website
tmex.co.jp
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Business
Tamagawa Holdings Co., Ltd. Tamagawa Holdings Co., Ltd. (6838.T) is a holding company primarily engaged in the development, manufacture, and sale of electronic and communication equipment as well as renewable energy systems; it operates through three main segments including electronic and communication equipment, renewable energy system sales, and renewable energy power plant operations. The company, founded in November 1968 and headquartered at Shiba Nicho-me Building in Minato-ku, Tokyo, Japan, offers high-frequency electronic components such as attenuators, splitters, couplers, switches, and filters; optical-related and electronic application equipment including optical transmission equipment, frequency converters, amplifiers, frequency synthesizers, digital signal processing equipment, video monitoring systems, and testing equipment; and millimeter-wave products through its key subsidiary Tamagawa Electronics Co., Ltd. In the renewable energy domain, via Tamagawa Energy Co., Ltd., it sells solar power plants, solar modules, power conditioners, small wind power generators, and auxiliary equipment to operators and consumers; it also develops, operates, and sells electricity from small wind farms, solar, geothermal binary power plants, and other renewable facilities, primarily targeting the Japanese market with expertise in planning, construction, maintenance, and long-term power sales. Recent developments include the establishment of a System Storage Facility Business Research and Planning Office at Tamagawa Energy in April 2025 to expand into energy storage; construction of a new factory in Vietnam by Tamagawa Electronics financed through long-term loans as noted in the FY2025 October 2Q results; a world's first high-speed data communication experiment using terahertz waves between aircraft and ground stations in June 2025; correction of expected consolidated performance for the full year ending October 2025 in September 2025; and ongoing quantum ICT initiatives such as forum membership and sensor research contributions.