Tokyo Koki Co Ltd

Tokyo Koki maintains a strong liquidity position, with a current ratio of 2.12 and cash and equivalents amounting to ¥774.36 billion, which significantly exceeds its short-term obligations. The company's debt-to-equity ratio of 0.4 indicates a conservative capital structure, with long-term debt of ¥626.32 billion compared to total equity of ¥1.56 trillion.

Profitability metrics show a return on equity of 1.67% and a return on assets of 0.77%, both of which are below the industry median for industrial machinery firms. This suggests that the company is underperforming in terms of capital efficiency and asset utilization relative to its peers.

The company's revenue is concentrated in the industrial machinery and automotive sectors, with no disclosed geographic diversification beyond Japan. This concentration increases exposure to sector-specific downturns and domestic economic conditions.

Looking ahead, revenue is expected to remain stable, with no significant growth or contraction projected in the next fiscal year. Historical revenue of ¥800.53 billion in the latest period aligns closely with analyst estimates of ¥4.47 billion, indicating a lack of volatility in the top line.

Risk factors are minimal, with low liquidity and dilution risk scores. No immediate filing-based flags were detected, and the company has not issued new shares or announced plans for equity financing in the near term.

Recent filings and transcripts show no material changes in the company's operations or strategic direction. The company continues to focus on its core markets and has not disclosed any major capital expenditures or R&D initiatives in the latest reports.

Revenue surged 28.4% year-over-year to JPY 4.47 billion in fiscal 2026, demonstrating strong top-line growth momentum.

Net income jumped 112.1% to JPY 133.5 million in fiscal 2026, signaling a robust recovery in profitability.

Free cash flow expanded 262.4% to JPY 157.9 million in fiscal 2026, highlighting significantly improved cash generation capabilities.

Operating income increased 225.2% to JPY 123.9 million in fiscal 2026, reflecting substantial improvement in core operational efficiency.

Gross profit rose to JPY 1.55 billion in fiscal 2026, indicating better cost management or favorable product mix dynamics.

Net margin of 3.2% trails the 4.9% cohort median, indicating lower profitability relative to industrial machinery peers.

Return on equity of 1.7% is significantly below the 3.6% industry median, pointing to inefficient capital utilization.

Long-term debt increased to JPY 1.40 billion in fiscal 2026, raising concerns about rising leverage and financial risk.

Revenue CAGR of only 2.6% over four years suggests limited long-term growth potential despite recent spikes.

Revenue ¥1.58B, +17,2% YoY; Operating income +6,2% YoY.

• ▍Revenue ¥1.58B, +17,2% YoY
• ▍Operating income +6,2% YoY
• ▍Net income +13,0% YoY
• ▍Net margin 8.5%

Revenue ¥1.05B, +65,0% YoY; Operating income +110,3% YoY.

• ▍Revenue ¥1.05B, +65,0% YoY
• ▍Operating income +110,3% YoY
• ▍Net income +254,1% YoY
• ▍Net margin 2.1%

Revenue ¥1.01B, +44,3% YoY; Operating income +43,7% YoY.

• ▍Revenue ¥1.01B, +44,3% YoY
• ▍Operating income +43,7% YoY
• ▍Net income +54,5% YoY
• ▍Net margin -3.0%

Revenue ¥833.5M, +4,1% YoY; Operating income −43,2% YoY.

• ▍Revenue ¥833.5M, +4,1% YoY
• ▍Operating income −43,2% YoY
• ▍Net income −68,1% YoY
• ▍Net margin 1.0%

Revenue ¥1.35B; Operating income ¥126.3M.

• ▍Revenue ¥1.35B
• ▍Operating income ¥126.3M
• ▍Net margin 8.8%

Revenue ¥637.8M; Operating income -¥58.9M.

• ▍Revenue ¥637.8M
• ▍Operating income -¥58.9M
• ▍Net margin -2.2%

Revenue ¥699.1M; Operating income -¥58.1M.

• ▍Revenue ¥699.1M
• ▍Operating income -¥58.1M
• ▍Net margin -9.6%

Revenue ¥800.5M; Operating income ¥28.7M.

• ▍Revenue ¥800.5M
• ▍Operating income ¥28.7M
• ▍Net margin 3.2%

Revenue ¥4.47B, +28,4% YoY; Operating income +225,2% YoY.

• ▍Revenue ¥4.47B, +28,4% YoY
• ▍Operating income +225,2% YoY
• ▍Net income +112,1% YoY
• ▍Free cash flow +262,4% YoY
• ▍Net margin 3.0%

Revenue ¥3.48B, +3,5% YoY; Operating income −82,0% YoY.

• ▍Revenue ¥3.48B, +3,5% YoY
• ▍Operating income −82,0% YoY
• ▍Net income −30,9% YoY
• ▍Free cash flow −53,2% YoY
• ▍Net margin 1.8%

Revenue ¥3.37B, +10,2% YoY; Operating income +129,0% YoY.

• ▍Revenue ¥3.37B, +10,2% YoY
• ▍Operating income +129,0% YoY
• ▍Net income +113,0% YoY
• ▍Free cash flow +113,9% YoY
• ▍Net margin 2.7%

Revenue ¥3.05B, −24,4% YoY; Operating income −947,5% YoY.

• ▍Revenue ¥3.05B, −24,4% YoY
• ▍Operating income −947,5% YoY
• ▍Net income −677,8% YoY
• ▍Free cash flow −2 285,8% YoY
• ▍Net margin -23.0%