Joshin Corporation

Joshin Corporation

TTSE:8173
4,205.00
JPY
-35.00
(-0.83%)
72.95BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
16,079.32
14,781.29
14,340.36
14,176.49
14,786.58
15,195.94
15,560.74
16,785.18
15,299.56
15,341.63
15,343.76
15,517.72
16,881.58
- -
Basic EPS, GAAP
121.54
133.61
166.23
196.52
210.59
239.1
202.84
331.61
238.77
186.75
185.9
131.1
126.81
- -
Free Cash Flow per Basic Share
-40.98
-1.15
-132.53
219.09
359.5
-177.2
208.94
727.62
-274.38
-81.5
-162.22
387.31
334.07
- -
Dividend per Share
31.77
31.87
31.94
32.6
32.42
42.52
50.39
50.08
75.13
75.53
75.45
91.2
153.83
- -
Book Value per Share
2,468.94
2,621.18
2,683.98
2,868.56
3,049.88
3,233.74
3,331.71
3,711.28
3,684.7
3,811.37
4,008.89
4,049.38
4,071.23
- -
Tangible Book Value per Share
2,386.88
2,535.02
2,607.22
2,795.28
2,970.4
3,144.65
3,243.36
3,617.77
3,594.87
3,717.85
3,911.36
3,909.63
3,878.53
- -
Basic Weighted Avg Shares
25
25
26
26
26
27
27
27
27
27
26
26
26
26
Sales/Revenue/Turnover
401,798
372,385
375,782
374,387
391,726
403,832
415,643
449,121
409,508
408,460
403,692
403,259
436,650
- -
Operating Margin (%)
1.84
1.79
2.09
2.13
2.47
2.72
2.16
3.68
2.17
2.03
2.07
0.91
1.24
- -
Depreciation Expense
4,399
4,665
4,659
4,506
4,483
4,864
5,087
5,330
5,523
5,572
5,763
5,825
5,792
- -
Net Income, GAAP
3,037
3,366
4,356
5,190
5,579
6,354
5,418
8,873
6,391
4,972
4,891
3,407
3,280
- -
Effective Tax Rate (%)
47.5
44.28
34.71
22.61
38.75
33.98
33.2
30.03
33.07
34.84
36.66
40.05
38.44
- -
Profit Margin (%)
0.76
0.9
1.16
1.39
1.42
1.57
1.3
1.98
1.56
1.22
1.21
0.84
0.75
- -
Working Capital
22,036
18,175
24,324
24,238
21,145
23,087
23,140
27,236
29,467
30,182
39,434
44,613
43,059
- -
LT Debt
30,825
25,415
25,558
28,908
27,760
28,149
27,572
21,046
19,730
18,265
23,515
26,198
23,829
- -
Total Equity
61,949
66,808
70,774
75,857
80,891
86,090
89,147
99,302
98,640
100,697
104,612
104,663
105,362
- -
Return on Invested Capital (%)
3.51
3.27
4.36
5.09
4.76
5.54
4.45
8.41
4.23
3.75
3.43
1.41
2.23
- -
Return on Capital (%)
2.98
3.21
3.96
4.52
4.68
5.07
4.18
6.69
4.72
3.53
3.28
2.31
2.37
- -
Return on Common Equity (%)
5.04
5.23
6.33
7.08
7.12
7.61
6.18
9.42
6.46
4.99
4.76
3.26
3.12
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
14,100
15,526
- -
LT Borrowings
23,992
22,404
- -
LT Finance Leases
- -
1,425
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
66,588
72,955
101,707

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
122,738
121,199
- -
Cash, Cash Equivalents & STI
4,481
4,529
- -
Accounts Receivable, Net
22,491
25,633
- -
Inventories
72,573
69,867
- -
Total Current Liabilities
79,144
78,140
- -
Payables & Accruals
- -
- -
- -
ST Debt
14,100
15,526
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.12%
1.21%
0.67%
Free Cash Flow
-78.26%
-92.29%
-14.15%
Net Income, GAAP
0.37%
-17.17%
-3.73%
Sales/Revenue/Turnover
1.62%
-0.42%
8.28%
Total Cash Common Dividend
- -
- -
67.89%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
403,259
2026
- -
- -
- -
- -
436,650
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
131.1
2026
- -
- -
- -
- -
126.81
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
91.2
2026
- -
- -
- -
- -
153.83
2027
- -
- -
- -
- -
- -

Company Description

CEO
Tetsuya Takahashi
Full Time Employees
4,362
Sector
Retail trade
Industry
Electronics/Appliance stores
Address
1-6-5 Nipponbashi Nishi Osaka OS Japan 556-8550
IPO Date
Sep 21, 1972
Business
Joshin Denki Co., Ltd. is a Japan-based company principally engaged in the retail business of home electric appliances and related services. Founded in 1948 and headquartered in Osaka, the company offers a broad range of products including home appliances, information and communication equipment, entertainment products, housing equipment, and related goods. Its retail operations encompass multiple store brands such as Joshin, J&P, DISC PIER, Joshin OUTLET, Mother Pier, Mega Watch, BOOK-OFF, and TSUTAYA. Beyond product sales, Joshin Denki provides ancillary services including product delivery, installation, repair and maintenance services, insurance agency services for both property and casualty as well as life insurance, music and video software rental, and used book resale. The company operates primarily in Japan and emphasizes community-rooted service strategies aimed at enhancing customer loyalty and lifestyle support. Recent major developments include a notable 9.6% increase in net sales reported for the six months ended September 30, 2025, signaling resilience in consumer demand and the effectiveness of the company’s sales strategies. Despite this sales growth, profitability metrics showed some pressure with a decline in operating profit and net income during the same period. Joshin Denki continues to expand its business scope through strategic store openings and additions, including incorporating a DAISO store within one of its locations, as well as strengthening operations with logistics improvements and increasing internet sales by 26.1% year-over-year. The company also maintains a commitment to sustainability and innovation, exemplified by the implementation of solar power generation facilities with large-capacity rechargeable battery systems at stores since 2024. These operational enhancements illustrate Joshin Denki’s ongoing pursuit of growth through diversified retail formats, digital sales channels, and energy-efficient initiatives.