Takamisawa Co Ltd

Takamisawa Co Ltd maintains a market price of 3,245 JPY per share, with a market capitalization of 5,360,817,880 JPY. The company's price-to-book ratio is 0.37, indicating that the market value is significantly below the book value of its assets. The liquidity position is characterized by a current ratio of 1.29, suggesting a moderate ability to meet short-term obligations. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

Profitability metrics reveal a return on equity (ROE) of 2.49% and a return on assets (ROA) of 0.89%, both of which are below the industry median for construction materials firms. The company's operating income of 433 million JPY and net income of 358 million JPY reflect a relatively modest profit margin, which is consistent with the industry's competitive landscape. The gross profit of 2.96 billion JPY indicates a moderate level of cost control, but the company's profitability is constrained by its asset base and operational scale.

Geographically, Takamisawa Co Ltd's revenue is concentrated in Japan, with no significant international operations disclosed in the available data. The company's business is primarily driven by domestic demand for construction materials, which is influenced by macroeconomic conditions and infrastructure spending. The lack of diversification exposes the company to regional economic fluctuations and regulatory changes in Japan.

The company's growth trajectory is modest, with a revenue of 17.93 billion JPY in the latest reporting period. Analyst estimates suggest a last actual revenue of 73.57 billion JPY, which may indicate a seasonal or reporting period discrepancy. The company's future revenue outlook is contingent on the stability of the construction sector in Japan and the availability of raw materials. The company's capital expenditures and research and development (R&D) investments are not disclosed, but the industry's capital intensity suggests that significant reinvestment may be necessary to maintain competitiveness.

Risk factors for Takamisawa Co Ltd include liquidity constraints, as evidenced by the negative net cash position after subtracting total debt. The company's debt-to-equity ratio of 0.7 indicates a moderate level of leverage, but the long-term debt of 10.005 billion JPY could pose a refinancing risk if interest rates rise. The dilution potential is currently low, with no significant changes in shares outstanding between basic and diluted shares. However, the company's financial flexibility is limited, and any unexpected capital needs could lead to equity dilution.

Recent events and filings do not indicate any material changes in the company's operations or financial position. The company's latest earnings and revenue figures align with analyst estimates, suggesting a stable but unremarkable performance. The absence of significant news or strategic initiatives implies that the company is maintaining its current business model without major transformations.

Revenue grew 3.8% annually over four years, reaching 73.6 billion JPY in fiscal 2025.

Gross profit expanded to 12.4 billion JPY in fiscal 2025, indicating stable top-line generation.

Operating income increased 7.5% year-over-year to 912 million JPY in fiscal 2025.

Long-term debt decreased slightly to 9.5 billion JPY in fiscal 2025 from prior levels.

Dilution risk is assessed as low, suggesting minimal threat to existing shareholder equity value.

Debt-to-equity ratio of 0.7 places the company in the bottom quartile of its peer cohort.

The company faces high credit risk and medium liquidity risk according to current risk assessments.

Revenue ¥20.73B, +0,6% YoY; Operating income −13,8% YoY.

• ▍Revenue ¥20.73B, +0,6% YoY
• ▍Operating income −13,8% YoY
• ▍Net income +16,6% YoY
• ▍Net margin 3.0%

Revenue ¥17.24B, +1,6% YoY; Operating income −46,5% YoY.

• ▍Revenue ¥17.24B, +1,6% YoY
• ▍Operating income −46,5% YoY
• ▍Net income −63,3% YoY
• ▍Net margin 0.5%

Revenue ¥17.19B, +0,3% YoY; Operating income +19,6% YoY.

• ▍Revenue ¥17.19B, +0,3% YoY
• ▍Operating income +19,6% YoY
• ▍Net income +0,3% YoY
• ▍Net margin -2.0%

Revenue ¥18.80B, +4,9% YoY; Operating income +4,4% YoY.

• ▍Revenue ¥18.80B, +4,9% YoY
• ▍Operating income +4,4% YoY
• ▍Net income −27,9% YoY
• ▍Net margin 1.4%

Revenue ¥20.60B; Operating income ¥676.0M.

• ▍Revenue ¥20.60B
• ▍Operating income ¥676.0M
• ▍Net margin 2.6%

Revenue ¥16.97B; Operating income ¥230.0M.

• ▍Revenue ¥16.97B
• ▍Operating income ¥230.0M
• ▍Net margin 1.3%

Revenue ¥17.14B; Operating income -¥555.0M.

• ▍Revenue ¥17.14B
• ▍Operating income -¥555.0M
• ▍Net margin -2.0%

Revenue ¥17.93B; Operating income ¥433.0M.

• ▍Revenue ¥17.93B
• ▍Operating income ¥433.0M
• ▍Net margin 2.0%

Revenue ¥73.57B, +3,1% YoY; Operating income +7,5% YoY.

• ▍Revenue ¥73.57B, +3,1% YoY
• ▍Operating income +7,5% YoY
• ▍Net income −11,7% YoY
• ▍Free cash flow −1 417,2% YoY
• ▍Net margin 0.9%

Revenue ¥71.37B, +3,5% YoY; Operating income −39,9% YoY.

• ▍Revenue ¥71.37B, +3,5% YoY
• ▍Operating income −39,9% YoY
• ▍Net income −38,8% YoY
• ▍Free cash flow −83,2% YoY
• ▍Net margin 1.1%

Revenue ¥68.95B, +8,8% YoY; Operating income +53,3% YoY.

• ▍Revenue ¥68.95B, +8,8% YoY
• ▍Operating income +53,3% YoY
• ▍Net income +99,8% YoY
• ▍Free cash flow +11,4% YoY
• ▍Net margin 1.8%

Revenue ¥63.37B, +0,1% YoY; Operating income −29,4% YoY.

• ▍Revenue ¥63.37B, +0,1% YoY
• ▍Operating income −29,4% YoY
• ▍Net income −38,8% YoY
• ▍Free cash flow +45,1% YoY
• ▍Net margin 1.0%