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Tosho Co., Ltd.

Tosho Co., Ltd.

655.00
JPY
-3.00
(-0.46%)
30.02BMarket Cap
Nov 11Next Earn
Tosho Co., Ltd.
TSE:8920
(Tokyo Stock Exchange)

Recent

price

655.00

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
307.08
341.21
376.55
413.37
440.86
501.85
557.34
630.15
711.11
899.75
460.11
713.2
587.55
807.28
929.85
739.39
- -
Revenue per Share
30.45
35.09
45.15
53.65
66.2
82.4
97.27
98.33
105.03
151.51
5.69
63.3
22.39
-58.2
32.06
95.08
- -
Basic EPS, GAAP
41.75
52.65
42.7
52.96
48.61
50.51
1.99
-20.6
-50.88
178.41
-139.14
297.01
-371.92
191.65
168.97
138.63
- -
Free Cash Flow per Basic Share
5.22
5.74
6.49
7.46
9.5
10
10.99
12.5
14.99
16
7
3
6
4
3.99
8.1
- -
Dividend per Share
419.92
478.6
290.54
356.19
424.12
496.49
582.75
679.49
769.46
904.93
903.76
963.62
980.27
918.27
946.18
1,045.94
- -
Book Value per Share
418.35
477.18
289.57
355.27
423.04
494.98
581.29
677.16
766.05
901.11
899.15
959.97
977.6
915.93
944.26
1,043.99
- -
Tangible Book Value per Share
35
35
35
37
38
38
38
38
38
38
38
38
38
38
38
37
37
Basic Weighted Avg Shares
10,803
12,004
13,272
15,226
16,888
19,224
21,350
24,139
27,240
34,466
17,625
27,320
22,507
30,928
35,619
27,596
- -
Sales/Revenue/Turnover
21.27
21.03
22.93
23.75
25.49
28.35
28.02
27.18
26.3
28.09
6.13
16.42
13.93
12.8
16.52
27.08
- -
Operating Margin (%)
1,264
1,289
1,286
1,345
1,397
1,523
1,596
1,766
2,079
2,362
2,461
2,522
2,793
3,051
2,541
2,264
- -
Depreciation Expense
1,071
1,235
1,591
1,976
2,536
3,156
3,726
3,767
4,023
5,804
218
2,425
858
-2,230
1,228
3,549
- -
Net Income, GAAP
43.29
46.81
43.46
41.87
39.71
37.26
34.13
38.58
36.73
36.96
53.09
40.28
39.54
202.24
41.05
33.23
- -
Effective Tax Rate (%)
9.92
10.29
11.99
12.98
15.02
16.42
17.45
15.6
14.77
16.84
1.24
8.88
3.81
-7.21
3.45
12.86
- -
Profit Margin (%)
-3,880
-3,516
-3,582
-519
1,471
3,689
5,954
5,155
6,723
10,968
14,734
16,718
24,557
18,066
7,977
15,047
- -
Working Capital
10,773
10,635
9,296
10,753
11,111
13,898
16,795
18,256
22,611
21,782
27,322
22,498
27,889
20,445
11,237
15,072
- -
LT Debt
7,387
8,419
10,686
13,645
17,016
19,999
23,537
28,127
31,959
37,529
37,448
40,202
41,673
40,318
42,266
45,154
- -
Total Equity
5.38
5.76
7.07
7.85
8.54
9.56
9.26
8.19
7.95
9.47
0.73
3.76
2.56
-5.64
5.23
7.65
- -
Return on Invested Capital (%)
5.44
6.08
7.37
8.1
8.91
8.82
8.74
7.5
6.68
8.76
0.41
3.24
0.12
-4.94
0.17
3.44
- -
Return on Capital (%)
15.43
15.62
16.66
16.24
16.97
17.9
18.03
15.58
14.5
18.1
0.63
6.78
2.3
-6.13
3.44
9.59
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
8,836
2,884
- -
LT Borrowings
8,438
12,428
- -
LT Finance Leases
2,531
2,645
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
36
35
Market Capitalization
28,485
30,018
26,393

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
23,696
22,468
- -
Cash, Cash Equivalents & STI
21,840
20,703
- -
Accounts Receivable, Net
1,099
1,010
- -
Inventories
44
46
- -
Total Current Liabilities
13,801
7,421
- -
Payables & Accruals
- -
- -
- -
ST Debt
8,836
2,884
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.74%
3.88%
6.83%
Free Cash Flow
-243.6%
-144.43%
-20.06%
Net Income, GAAP
59.64%
124.49%
188.95%
Sales/Revenue/Turnover
8.21%
13.49%
-22.53%
Total Cash Common Dividend
10.11%
21.41%
97.81%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
35,619
2026
- -
- -
- -
- -
27,596
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
32.06
2026
- -
- -
- -
- -
95.08
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.99
2026
- -
- -
- -
- -
8.1
2027
- -
- -
- -
- -
- -
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Business
Tosho Co., Ltd. operates primarily as a manufacturer, wholesaler, and provider of medical and pharmaceutical equipment and systems, focusing notably on hospital and dispensing pharmacy devices. Its core products include equipment for hospital pharmacies, dispensing pharmacies, pharmaceutical environment machinery, medicine packaging machines, and comprehensive medical devices. The company also engages in maintenance and servicing operations to ensure the safe and reliable use of its products. Tosho serves markets predominantly in Japan, supporting medical institutions and pharmacies with equipment tailored to pharmaceutical workflows. Founded in 1953 and headquartered in Tokyo, Tosho Co., Ltd. has diversified its operations beyond medical devices to include sports clubs, hotels, and real estate businesses. A significant recent development occurred in 2024 when Tosho divested Tosho Asset Management Co., Ltd. to Ichigo Inc. This transaction included the sale of shares of Tosho Tokai REIT Investment Corporation, which owns residential real estate assets in Aichi Prefecture, marking a strategic shift away from direct real estate asset management. Ichigo plans to leverage the acquisition to enhance its asset management business. Tosho's focus remains sharply on the pharmaceutical and medical equipment sector, bolstered by recent steady financial results based on Japanese GAAP. The company targets healthcare providers and pharmacy operators, offering both specialized hardware and associated support services. Its operational footprint remains primarily within Japan, with strong alignment toward medical and pharmaceutical industry needs. The divestiture of its asset management subsidiary reflects Tosho's consolidation on its core competencies in medical systems and equipment manufacturing. Overall, Tosho Co., Ltd. stands as a well-established Japanese company offering medical equipment and pharmaceutical system products, complemented by maintenance services for healthcare providers, while recently refining its strategic focus by exiting certain real estate investment management activities.