# TOMITA ELECTRIC CO.,LTD.: business model and financials

> Latest period: FY ending Jan 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第75期(2025/02/01－2026/01/31) (S100Y0O4)
> Page: https://vizora.meequs.com/en/company/tomita-electric
> Retrieved: 2026-09-30T21:46:13.322Z

## Company

Tomita Electric, founded in 1960, is a company in Electronic Components listed on TSE Standard. It has 271 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | TOMITA ELECTRIC CO.,LTD. |
| Ticker | 6898 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/6898.T) |
| Listing | TSE Standard |
| Head office | 鳥取県鳥取市幸町123番地 |
| Representative (per filing) | 代表取締役社長 神谷 陽一郎 |
| Founded | Feb 1960 |
| Share capital | ¥1.97B |
| Employees (consolidated) | 271 |
| Average salary (parent only) | ¥3.9M |
| Fiscal year end | January |
| Website | www.tomita-electric.com (https://www.tomita-electric.com/) |
| Corporate number | 1270001000483 |
| EDINET | E02016 |
| Industries (Vizora) | Electronic Components, Real Estate Development & Leasing |

> Profile source: annual securities report (S100Y0O4, filed 2026-04-24). As of filing

## Five-axis industry profile

Primary industry: Electronic Components (2026-01-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 76.4 | 53 |
| Profitability | 4.5 | 56 |
| Efficiency | 2.7 | 56 |

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)

- About 96% of Tomita Electric's sales come from Electronic parts materials business, with Real estate lease business making up much of the rest.
- It lost about ¥4 for every ¥100 of sales at the operating level.
- Revenue changed +12.8% from the prior year.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥1.6B |  |
| Operating income | -¥61.5M | Margin -3.8% |
| Net income | ¥123.8M | Margin 7.7% |
| Free cash flow | -¥137.5M |  |
| Largest business | Electronic parts materials business | of segment revenue 95.8% |
| Employees (consolidated) | 271 |  |
| EPS | ¥141.3 |  |
| Book value per share | ¥4284.95 |  |
| Equity ratio | 85.4% |  |
| Shares outstanding | 816,979 |  |
| Shareholders | 442 |  |
| Average salary (parent only) | ¥3.9M | Filing company only |
| Cash ratio | 23.9% | Cash ÷ revenue 69.4% |
| Vs. industry median margin | -9.7 pp | Electronic Components |
| ROE | 3.8% | Derived from disclosed figures |
| ROA | 2.6% | Derived from disclosed figures |

## Notable figures

- FY2026, one segment accounts for 100% of positive segment profit
- FY2026, segment profit share differs by 96 points

## What changed in 5 years

| Metric | FY ending Jan 2021 | FY ending Jan 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥1082064000 | ¥1603226000 | +48.2% |
| Operating income | ¥-129700000 | ¥-61453000 | — |
| Operating margin | -12.0% | -3.8% | +8.2 pp |
| Employees | 296 people | 271 people | -8.4% |
| Cash and equivalents | ¥996099000 | ¥1112273000 | +11.7% |

### Change in segment revenue mix

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

| Flow | Revenue share |
| --- | ---: |
| 電子部品材料事業 → 電子部品材料事業 | 94.3% |
| 不動産賃貸事業 → 不動産賃貸事業 | 4.2% |
| 不動産賃貸事業 → 事業再編・廃止 | 1.5% |
| 新設・再編 → 電子部品材料事業 | 1.5% |

Segment revenue source references: 4 (derived)

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 1,603 | 100.0% | S100Y0O4 |
| Cost of revenue | 1,188 | 74.1% | S100Y0O4 |
| Gross profit | 415 | 25.9% | S100Y0O4 |
| SG&A | 476 | 29.7% | S100Y0O4 |
| Operating income | -61 | -3.8% | S100Y0O4 |
| Ordinary income | -28 | -1.7% | S100Y0O4 |
| Pretax income | 127 | 7.9% | S100Y0O4 |
| Income tax | 3 | 0.2% | S100Y0O4 |
| Net income | 124 | 7.7% | S100Y0O4 |
| Net income attributable to owners | 124 | 7.7% | S100Y0O4 |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 74 |
| SG&A | 30 |
| Operating income | -4 |
| (Ref.) Net income | 8 |

### Margin funnel

Gross margin 25.9% → Operating margin -3.8% → Net margin 7.7%
Derived from reported figures (DERIVED).

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 1,422 | 1,603 | 181 | +12.8% |
| Gross profit | 283 | 415 | 132 | +46.5% |
| Operating income | -172 | -61 | 110 | — |
| Net income attributable to owners | -171 | 124 | 295 | — |
| Operating cash flow | -109 | -117 | -8 | — |
| Free cash flow | -222 | -137 | 84 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Jan 2020 | 1,089 | -202 | -18.6% | -166 | 15 | -6 | S100L8A9 |
| FY ending Jan 2021 | 1,082 | -130 | -12.0% | -98 | -77 | -81 | S100NY4X |
| FY ending Jan 2022 | 1,829 | 128 | 7.0% | 107 | 59 | 29 | S100QNCJ |
| FY ending Jan 2023 | 2,004 | 144 | 7.2% | 95 | 40 | -34 | S100TBU8 |
| FY ending Jan 2024 | 1,492 | -28 | -1.9% | -34 | 78 | 44 | S100VOHG |
| FY ending Jan 2025 | 1,422 | -172 | -12.1% | -171 | -109 | -222 | S100Y0O4 |
| FY ending Jan 2026 | 1,603 | -61 | -3.8% | 124 | -117 | -137 | S100Y0O4 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥5.9M |
| Operating income per employee (consolidated) | -¥226.8K |
| Net income per employee (consolidated) | ¥456.7K |

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

| History | FY ending Jan 2022 | FY ending Jan 2023 | FY ending Jan 2024 | FY ending Jan 2025 | FY ending Jan 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 291 | 291 | 254 | 268 | 271 |
| Average salary (parent company) | ¥4.2M | ¥4.4M | ¥3.9M | ¥3.7M | ¥3.9M |
| Average age (parent company) | 48.7 years | 48.2 years | 47.4 years | 48.4 years | 48.7 years |
| Average tenure (parent company) | 25.3 years | 23.3 years | 22.5 years | 23.5 years | 23.8 years |

Year over year: Employees (consolidated) +1.1% · Revenue (consolidated) +12.8%

## Segments（FY ending Jan 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Electronic parts materials business | 1,536 | 95.8% | -112 | -7.3% |
| Real estate lease business | 67 | 4.2% | 51 | 75.3% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Electronic parts materials business | 95.8% | — | — | -7.3% |
| Real estate lease business | 4.2% | 100.0% | 95.8 | 75.3% |

Loss-making segment (excluded from profit shares): Electronic parts materials business -112 JPY mn

Segment → industry: Electronic parts materials business → Electronic Components / Real estate lease business → Real Estate Development & Leasing

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | -117 | -7.3% | S100Y0O4 |
| Capital expenditure | 20 | 1.3% | S100Y0O4 |
| Free cash flow | -137 | -8.6% | 算出 |
| Investing cash flow | -27 | -1.7% | S100Y0O4 |
| Financing cash flow | 15 | 0.9% | S100Y0O4 |
| Change in cash | -136 | -8.5% | S100Y0O4 |
| Cash and equivalents | 1,112 | 69.4% | S100Y0O4 |

## 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 Jan 2022 | FY ending Jan 2023 | FY ending Jan 2024 | FY ending Jan 2025 | FY ending Jan 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 1,041 | 1,061 | 1,319 | 1,248 | 1,112 | S100TBU8, S100VOHG, S100Y0O4 |
| Total assets | 4,263 | 4,554 | 4,698 | 4,786 | 4,660 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Net assets | 3,293 | 3,540 | 3,781 | 3,847 | 3,982 | S100TBU8, S100VOHG, S100Y0O4 |
| Share capital | 1,967 | 1,967 | 1,967 | 1,967 | 1,967 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Trade receivables | 563 | 405 | 310 | 345 | 354 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Property, plant and equipment | 1,964 | 2,000 | 2,022 | 2,114 | 2,096 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Intangible assets excluding goodwill | 34 | 40 | 43 | 46 | 41 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Investment securities | 36 | 40 | 48 | 52 | 64 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Current assets | 2,227 | 2,452 | 2,583 | 2,572 | 2,457 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Current liabilities | 282 | 313 | 202 | 216 | 259 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Trade payables | 120 | 138 | 62 | 71 | — | S100QNCJ, S100TBU8, S100VOHG |
| Total liabilities | 970 | 1,015 | 917 | 939 | 678 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Equity attributable to owners of parent | 3,027 | 3,122 | 3,276 | 3,191 | 3,337 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Retained earnings | 280 | 375 | 342 | 170 | 294 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |
| Treasury stock | -228 | -228 | -87 | -16 | -0 | S100QNCJ, S100TBU8, S100VOHG, S100Y0O4 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 24% | S100Y0O4 |
| Receivables | 8% | S100Y0O4 |
| Property, plant and equipment | 45% | S100Y0O4 |
| Intangibles and goodwill | 1% | S100Y0O4 |
| Investment securities | 1% | S100Y0O4 |
| Other assets | 21% | S100Y0O4 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 15% | S100Y0O4 |
| Equity | 85% | S100Y0O4 |

### Balance sheet history

| Metric | FY ending Jan 2022 | FY ending Jan 2023 | FY ending Jan 2024 | FY ending Jan 2025 | FY ending Jan 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 4,263 | 4,554 | 4,698 | 4,786 | 4,660 |
| Equity | 3,293 | 3,540 | 3,781 | 3,847 | 3,982 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 1,041 | 1,061 | 1,319 | 1,248 | 1,112 |

## 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) | 130.8% | S100Y0O4 |
| Fixed assets ÷ total assets | 45.0% | S100Y0O4 |
| Goodwill ÷ parent equity | — | —, S100Y0O4 |

### 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) | 23.9% |
| Cash ÷ revenue | 69.4% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | -241 JPY mn (of net income -194.6%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | — |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 1.3% |
| Investing CF relative to operating CF | — |

## 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 | 5.8% | 0.43× | 2.5% | 1.41× | 3.5% | S100QNCJ |
| 2023 | 4.8% | 0.45× | 2.2% | 1.43× | 3.1% | S100TBU8 |
| 2024 | — | —× | -0.7% | —× | — | S100VOHG |
| 2025 | — | —× | -3.6% | —× | — | S100Y0O4 |
| 2026 | 7.7% | 0.34× | 2.6% | 1.45× | 3.8% | S100Y0O4 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| プラニングカミヤ株式会社 | Major shareholder | 15.8% | 2026-01-31 |
| 神谷 哲郎 | Major shareholder | 9.2% | 2026-01-31 |
| 大和コネクト証券株式会社 | Major shareholder | 8.3% | 2026-01-31 |
| 楽天証券株式会社 | Major shareholder | 5.2% | 2026-01-31 |
| ＧＭＯクリック証券株式会社 | Major shareholder | 5.0% | 2026-01-31 |
| 思遠株式会社 | Major shareholder | 4.2% | 2026-01-31 |
| 橋口 奈美 | Major shareholder | 4.0% | 2026-01-31 |
| ＺＥＮＧ ＪＩＡＮＭＩＮＧ | Major shareholder | 3.9% | 2026-01-31 |
| 株式会社ＤＭＭ．ｃｏｍ証券 | Major shareholder | 3.4% | 2026-01-31 |
| 株式会社山陰合同銀行(株式会社日本カストディ銀行) | Major shareholder | 2.9% | 2026-01-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第75期(2025/02/01－2026/01/31) | S100Y0O4 | 2026-04-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Y0O4,, |
| 訂正有価証券報告書－第74期(2024/02/01－2025/01/31) | S100VOHG | 2025-04-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VOHG,, |
| 有価証券報告書－第73期(2023/02/01－2024/01/31) | S100TBU8 | 2024-04-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TBU8,, |
| 有価証券報告書－第72期(2022/02/01－2023/01/31) | S100QNCJ | 2023-04-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100QNCJ,, |
| 有価証券報告書－第71期(令和3年2月1日－令和4年1月31日) | S100NY4X | 2022-04-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100NY4X,, |
| 有価証券報告書－第70期(令和2年2月1日－令和3年1月31日) | S100L8A9 | 2021-04-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100L8A9,, |

## 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).