# KOTOBUKIYA CO., LTD.: business model and financials

> Latest period: FY ending Jun 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第73期(2025/07/01－2026/06/30) (S100Z3E4)
> Page: https://vizora.meequs.com/en/company/kotobukiya
> Retrieved: 2026-09-30T19:50:53.095Z

## Company

Kotobukiya, founded in 1953, is a company in Toys & Hobbies listed on TSE Standard. It has 209 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | KOTOBUKIYA CO., LTD. |
| Ticker | 7809 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7809.T) |
| Listing | TSE Standard |
| Head office | 東京都立川市緑町4番地5 |
| Representative (per filing) | 代表取締役社長 清水 一行 |
| Founded | Jan 1953 |
| Share capital | ¥469.5M |
| Employees (consolidated) | 209 |
| Average salary (parent only) | ¥5.4M |
| Fiscal year end | June |
| Website | company.kotobukiya.co.jp (https://company.kotobukiya.co.jp/) |
| Corporate number | 7012801000492 |
| EDINET | E33392 |
| Industries (Vizora) | Toys & Hobbies |

> Profile source: annual securities report (S100Z3E4, filed 2026-09-24). As of filing

## Five-axis industry profile

Primary industry: Toys & Hobbies (2026-06-30)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Profitability | 31.8 | 11 |
| Cash conversion | 94.4 | 9 |
| Efficiency | 50 | 11 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- Kotobukiya brought in ¥16.8B in revenue.
- Out of every ¥100 of sales, about ¥4 is left as operating profit.
- Revenue changed +1.7% from the prior year, operating profit -52.5%.

## Company structure

- Segment revenue mix: Segment revenue breakdown is not disclosed
- Revenue → net income: ¥16777186000 → ¥497851000
- Net income → operating cash flow: ¥497851000 → ¥2955362000（difference ¥2457511000）
- Main uses of operating cash flow: CapEx ¥1687346000 / dividends ¥333266000 / buybacks —
- Change in cash: ¥45043000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥16.8B |  |
| Operating income | ¥764.5M | Margin 4.6% |
| Net income | ¥497.9M | Margin 3.0% |
| Free cash flow | ¥1.27B |  |
| Employees (consolidated) | 209 |  |
| EPS | ¥58.36 |  |
| Book value per share | ¥1015.19 |  |
| Equity ratio | 64.4% |  |
| Shares outstanding | 8,550,900 |  |
| Treasury shares | 208,400 |  |
| Shareholders | 7,389 |  |
| Average salary (parent only) | ¥5.4M | Filing company only |
| Cash ratio | 15.7% | Cash ÷ revenue 12.1% |
| Vs. industry median margin | -2.9 pp | Toys & Hobbies |
| ROE | 6.0% | Derived from disclosed figures |
| ROA | 3.9% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 5.9× net income

## What changed in 5 years

Currency or consolidation scope differs; percentage changes are omitted.

| Metric | FY ending Jun 2021 | FY ending Jun 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥9543737000 | ¥16777186000 | — |
| Operating income | ¥987271000 | ¥764484000 | — |
| Operating margin | 10.3% | 4.6% | -5.8 pp |
| Employees | 167 people | 209 people | — |
| Cash and equivalents | ¥445723000 | ¥2028806000 | — |

### Change in segment revenue mix

Span: FY ending Jun 2021 → FY ending Jun 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

## Income statement（FY ending Jun 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 16,777 | 100.0% | S100Z3E4 |
| Cost of revenue | 11,715 | 69.8% | S100Z3E4 |
| Gross profit | 5,062 | 30.2% | S100Z3E4 |
| SG&A | 4,298 | 25.6% | S100Z3E4 |
| Operating income | 764 | 4.6% | S100Z3E4 |
| Ordinary income | 843 | 5.0% | S100Z3E4 |
| Pretax income | 738 | 4.4% | S100Z3E4 |
| Income tax | 240 | 1.4% | S100Z3E4 |
| Net income | 498 | 3.0% | S100Z3E4 |
| Net income attributable to owners | 498 | 3.0% | S100Z3E4 |

## Per ¥100 of revenue（FY ending Jun 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 70 |
| SG&A | 26 |
| Operating income | 4 |
| (Ref.) Net income | 3 |

### Margin funnel

Gross margin 30.2% → Operating margin 4.6% → Net margin 3.0%
Derived from reported figures (DERIVED).

## Year over year（FY ending Jun 2025 → FY ending Jun 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 16,503 | 16,777 | 274 | +1.7% |
| Gross profit | 5,366 | 5,062 | -303 | -5.7% |
| Operating income | 1,610 | 764 | -846 | -52.5% |
| Operating cash flow | 1,984 | 2,955 | 971 | +48.9% |
| Free cash flow | 779 | 1,268 | 489 | +62.7% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jun 2020 | 7,374 | 228 | 3.1% | 75 | 668 | 60 | S100MHL2 |
| FY ending Jun 2021 | 9,544 | 987 | 10.3% | 680 | 1,584 | 773 | S100P8SX |
| FY ending Jun 2022 | 14,292 | 2,337 | 16.4% | 1,621 | 1,161 | 405 | S100RXAU |
| FY ending Jun 2023 | 18,100 | 2,614 | 14.4% | 1,758 | 3,153 | 2,082 | S100UFAX |
| FY ending Jun 2024 | 16,379 | 1,656 | 10.1% | 1,104 | 1,059 | -151 | S100WQU3 |
| FY ending Jun 2025 | 16,503 | 1,610 | 9.8% | 1,092 | 1,984 | 779 | S100WQU3 |
| FY ending Jun 2026 | 16,777 | 764 | 4.6% | 498 | 2,955 | 1,268 | S100Z3E4 |

## People and productivity（FY ending Jun 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥80.3M |
| Operating income per employee (consolidated) | ¥3.7M |
| Net income per employee (consolidated) | ¥2.4M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 173 | 181 | 190 | 192 | 209 |
| Average salary (parent company) | ¥5.4M | ¥5.5M | ¥5M | ¥5.3M | ¥5.4M |
| Average age (parent company) | 37.6 years | 37.1 years | 37.5 years | 38.2 years | 38.8 years |
| Average tenure (parent company) | 10.3 years | 10.4 years | 10.6 years | 11.2 years | 11.2 years |

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Jun 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 2,955 | 17.6% | S100Z3E4 |
| Capital expenditure | 1,687 | 10.1% | S100Z3E4 |
| Free cash flow | 1,268 | 7.6% | 算出 |
| Investing cash flow | -1,931 | -11.5% | S100Z3E4 |
| Financing cash flow | -1,122 | -6.7% | S100Z3E4 |
| Dividends paid | 333 | 2.0% | S100Z3E4 |
| Change in cash | 45 | 0.3% | S100Z3E4 |
| Cash and equivalents | 2,029 | 12.1% | S100Z3E4 |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 423 | 1,558 | 1,147 | 1,369 | 2,029 | S100UFAX, S100WQU3, S100Z3E4 |
| Total assets | 10,621 | 11,511 | 12,035 | 13,449 | 12,883 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Net assets | 4,781 | 6,356 | 7,216 | 8,040 | 8,298 | S100UFAX, S100WQU3, S100Z3E4 |
| Share capital | 455 | 459 | 459 | 469 | 469 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Property, plant and equipment | 2,990 | 3,124 | 3,100 | 3,183 | 3,313 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Intangible assets excluding goodwill | 64 | 66 | 143 | 164 | 169 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Current assets | 6,999 | 7,726 | 8,129 | 9,094 | 8,634 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Current liabilities | 2,515 | 2,643 | 2,316 | 3,154 | 2,510 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Short-term borrowings | 100 | 200 | 300 | 1,100 | 500 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Long-term borrowings | 2,881 | 1,927 | 1,976 | 1,690 | 1,491 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Bonds | — | 100 | — | — | — | S100UFAX |
| Interest-bearing debt | — | 2,227 | — | — | — | 算出 |
| Total liabilities | 5,840 | 5,155 | 4,819 | 5,410 | 4,585 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Equity attributable to owners of parent | 4,781 | 6,356 | 7,216 | 8,040 | 8,261 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Retained earnings | 4,217 | 5,783 | 6,640 | 7,444 | 7,639 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |
| Treasury stock | -308 | -308 | -305 | -305 | -280 | S100RXAU, S100UFAX, S100WQU3, S100Z3E4 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 16% | S100Z3E4 |
| Property, plant and equipment | 26% | S100Z3E4 |
| Intangibles and goodwill | 1% | S100Z3E4 |
| Other assets | 57% | S100Z3E4 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 36% | S100Z3E4 |
| Equity | 64% | S100Z3E4 |
| Other liabilities | 0% | S100Z3E4 |

### Balance sheet history

| Metric | FY ending Jun 2022 | FY ending Jun 2023 | FY ending Jun 2024 | FY ending Jun 2025 | FY ending Jun 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 10,621 | 11,511 | 12,035 | 13,449 | 12,883 |
| Equity | 4,781 | 6,356 | 7,216 | 8,040 | 8,298 |
| Interest-bearing debt | — | 2,227 | — | — | — |
| Cash | 423 | 1,558 | 1,147 | 1,369 | 2,029 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 19.7% | S100Z3E4 |
| Fixed assets ÷ total assets | 25.7% | S100Z3E4 |
| Goodwill ÷ parent equity | — | —, S100Z3E4 |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 15.7% |
| Cash ÷ revenue | 12.1% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 386.6% |
| Cash vs. profit gap | 2,458 JPY mn (of net income 493.6%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 66.9% |
| Shareholder payments — dividends / FCF | 26.3% |
| CapEx intensity (capex ÷ revenue) | 10.1% |
| Investing CF relative to operating CF | 65.3% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 11.3% | 1.35× | 15.3% | 2.22× | 33.9% | S100RXAU |
| 2023 | 9.7% | 1.64× | 15.9% | 1.99× | 31.6% | S100UFAX |
| 2024 | 6.7% | 1.39× | 9.4% | 1.73× | 16.3% | S100WQU3 |
| 2025 | 6.6% | 1.30× | 8.6% | 1.67× | 14.3% | S100WQU3 |
| 2026 | 3.0% | 1.30× | 3.9% | 1.56× | 6.0% | S100Z3E4 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社テレビ朝日 | Major shareholder | 15.1% | 2026-06-30 |
| 清水 一行 | Major shareholder | 10.9% | 2026-06-30 |
| 株式会社立飛ホールディングス | Major shareholder | 10.8% | 2026-06-30 |
| 壽屋社員持株会 | Major shareholder | 4.5% | 2026-06-30 |
| 株式会社日本カストディ銀行（信託E口) | Major shareholder | 3.1% | 2026-06-30 |
| 清水 浩代 | Major shareholder | 2.9% | 2026-06-30 |
| Boom Securities(H.K.)Limited-Clients' Account (常任代理人 マネックス証券株式会社) | Major shareholder | 2.6% | 2026-06-30 |
| 多摩信用金庫 | Major shareholder | 2.2% | 2026-06-30 |
| 西武信用金庫 | Major shareholder | 2.2% | 2026-06-30 |
| DBS BANK LTD. 700104 (常任代理人 株式会社みずほ銀行 決済営業部) | Major shareholder | 1.7% | 2026-06-30 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第73期(2025/07/01－2026/06/30) | S100Z3E4 | 2026-09-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z3E4,, |
| 有価証券報告書－第72期(2024/07/01－2025/06/30) | S100WQU3 | 2025-09-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WQU3,, |
| 有価証券報告書－第71期(2023/07/01－2024/06/30) | S100UFAX | 2024-09-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UFAX,, |
| 有価証券報告書－第70期(2022/07/01－2023/06/30) | S100RXAU | 2023-09-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RXAU,, |
| 有価証券報告書－第69期(令和3年7月1日－令和4年6月30日) | S100P8SX | 2022-09-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100P8SX,, |
| 有価証券報告書－第68期(令和2年7月1日－令和3年6月30日) | S100MHL2 | 2021-09-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MHL2,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).