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    Wholesale distributors
Happinet Corporation

Happinet Corporation

TTSE:7552
5,920.00
JPY
+160.00
(+2.78%)
116.38BMarket Cap
Nov 12Next Earn
Happinet Corporation
TSE:7552
(Tokyo Stock Exchange)

Recent

price

5,920.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
4,248.63
4,419.72
3,943.36
4,587.67
4,799.22
4,130.07
3,937.99
4,541.65
5,509.17
5,330.48
5,916.61
6,422.62
6,935.19
7,867.13
8,265.13
10,041.75
- -
Revenue per Share
30.63
54.86
44.86
54.69
89.45
52.02
46.15
92.65
62.68
27.96
59.12
80.82
80.38
147.73
153.41
230.91
- -
Basic EPS, GAAP
103.34
100.24
-38.44
47.06
129.48
7.9
53.26
84.99
164.8
-42.88
211.28
71.27
129.38
156.53
353.22
347.26
- -
Free Cash Flow per Basic Share
7.52
9.35
13.72
11.22
13.45
14.97
15
17.49
22.53
25.13
27.63
25.1
32.82
33.25
64.64
66.9
- -
Dividend per Share
441.96
486.43
518.51
567.98
653.36
691.18
745.11
842.57
870.23
871.29
934.58
987.98
1,018.79
1,149.93
1,268.36
1,391.84
- -
Book Value per Share
372.08
448.15
496.6
558.12
634.5
667.24
721.94
785.97
810.61
812.22
880.49
938.96
978.31
1,001.89
1,179.25
1,321.51
- -
Tangible Book Value per Share
45
45
45
45
45
45
44
44
44
44
44
44
44
45
44
44
44
Basic Weighted Avg Shares
190,891
198,021
176,757
206,867
217,232
187,274
174,059
197,607
240,398
233,347
259,313
282,441
307,253
350,461
364,418
439,052
- -
Sales/Revenue/Turnover
2.69
4.2
3.37
3.5
3.99
3.57
2.13
2.44
1.89
1.11
1.64
1.98
1.9
2.48
3.21
3.47
- -
Operating Margin (%)
1,189
993
918
860
393
381
440
361
650
773
918
1,140
1,383
1,524
2,401
1,895
- -
Depreciation Expense
1,376
2,458
2,011
2,466
4,049
2,359
2,040
4,031
2,735
1,224
2,591
3,554
3,561
6,581
6,764
10,096
- -
Net Income, GAAP
51.17
42.96
32.3
33.41
10.18
33.3
33.02
30.77
37.1
43.54
38.51
36.37
41.85
33.52
36.09
35.51
- -
Effective Tax Rate (%)
0.72
1.24
1.14
1.19
1.86
1.26
1.17
2.04
1.14
0.52
1
1.26
1.16
1.88
1.86
2.3
- -
Profit Margin (%)
15,202
18,652
21,047
21,989
25,492
23,088
23,787
25,120
26,497
27,090
28,680
30,556
33,901
34,726
38,416
44,627
- -
Working Capital
2
1
1
22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
19,802
21,795
23,289
25,694
29,580
31,355
32,311
36,697
37,982
38,176
40,971
43,493
45,211
51,298
55,670
60,284
- -
Total Equity
6.41
12.44
8.5
10.19
15.81
7.38
7.66
9.36
7.38
3.71
6.44
8.14
7.45
11.5
13.26
16.36
- -
Return on Invested Capital (%)
6.71
11.83
8.94
10.12
14.65
7.74
6.41
11.68
7.33
3.21
6.55
8.42
8.03
13.64
12.65
17.41
- -
Return on Capital (%)
7.1
11.82
8.92
10.07
14.65
7.74
6.41
11.68
7.32
3.21
6.55
8.42
8.03
13.64
12.65
17.41
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
43
43
Market Capitalization
151,506
116,381
130,418

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
107,319
120,888
- -
Cash, Cash Equivalents & STI
36,568
50,825
- -
Accounts Receivable, Net
46,848
50,860
- -
Inventories
10,567
8,689
- -
Total Current Liabilities
64,760
76,261
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.83%
8.08%
8.29%
Free Cash Flow
14.89%
31.85%
-2.51%
Net Income, GAAP
28.26%
34.84%
49.26%
Sales/Revenue/Turnover
9.25%
11.24%
20.48%
Total Cash Common Dividend
18.34%
23.96%
2.63%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
364,418
2026
- -
- -
- -
- -
439,052
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
153.41
2026
- -
- -
- -
- -
230.91
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
64.64
2026
- -
- -
- -
- -
66.9
2027
- -
- -
- -
- -
- -
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Business
Happinet Corporation (TSE:7552), an affiliate of Bandai Namco Holdings Inc., serves as a leading intermediary distributor of toys, audio-visual software, video games, and amusement products in Japan; it plans, manufactures, and sells toys and playthings, audio-visual software including DVDs, Blu-ray discs, and CDs, video game software and hardware, arcade game machines and accessories, and operates toy vending machines nationwide with main bases in Tokyo and Osaka. Founded in 1969 and headquartered at Komagata CA Bldg., 2-4-5 Komagata, Taito-ku, Tokyo, the company operates through segments including Toy, Visual and Music, Video Game, Amusement, and Logistics, deriving majority revenue from toys distribution to retailers while managing inventories, orders, and shipments. Key products encompass popular character toys such as those from Kamen Rider and Yokai Watch, anime-related merchandise via subsidiaries like Broccoli Co., Ltd., plastic models through Happinet Hobby Marketing, and entertainment content wholesaled to amusement arcades. Recent developments include the establishment of Happinet America Inc. in March 2024 to expand overseas operations, absorption of Happinet Marketing Corporation in April 2024, full consolidation of Broccoli Co., Ltd. as a subsidiary via tender offer in June 2023, transition to Tokyo Stock Exchange Prime Market in April 2022, and in April 2025, Happinet Media Marketing Corporation absorbing Happinet Phantom Studios Corporation to streamline visual production; additionally, the company entered a comprehensive videogram licensing agreement with NBCUniversal Entertainment Japan in January 2025 and a home entertainment licensing agreement with The Walt Disney Company (Japan) Ltd. in May 2024, alongside reporting sales growth to JPY364.4 billion in FY03/25 driven by Toys and Amusement segments.