# TOMITA CO.LTD.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第79期(2025/04/01－2026/03/31) (S100YJEU)
> Page: https://vizora.meequs.com/en/company/tomita
> Retrieved: 2026-09-30T18:31:55.689Z

## Company

Tomita, founded in 1943, is a company in Specialty Trading & Wholesale listed on TSE Standard. It has 213 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | TOMITA CO.,LTD. |
| Ticker | 8147 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8147.T) |
| Listing | TSE Standard |
| Head office | 東京都中央区銀座八丁目3番10号 (同所は登記上の本店所在地であり実際の業務は「最寄りの連絡場所」で行っております。) |
| Representative (per filing) | 代表取締役社長 冨田 稔 |
| Founded | Apr 1943 |
| Share capital | ¥397.5M |
| Employees (consolidated) | 213 |
| Average salary (parent only) | ¥8.1M |
| Fiscal year end | March |
| Website | www.tomitaj.co.jp (https://www.tomitaj.co.jp/) |
| Corporate number | 8010001052494 |
| EDINET | E02668 |
| Industries (Vizora) | Specialty Trading & Wholesale |

> Profile source: annual securities report (S100YJEU, filed 2026-06-25). As of filing

## Five-axis industry profile

Primary industry: Specialty Trading & Wholesale (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 52.8 | 179 |
| Profitability | 51.1 | 185 |
| Cash conversion | 93.6 | 179 |
| Efficiency | 23 | 185 |

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 59% of Tomita's sales come from Japan, with North America and Asia making up much of the rest.
- Out of every ¥100 of sales, about ¥3 is left as operating profit.
- Revenue changed +5.8% from the prior year, operating profit -12.0%.

## Company structure

- Segment revenue mix: Japan 58.5%、North America 27.3%、Asia 14.2%
- Revenue → net income: ¥22935113000 → ¥640584000
- Net income → operating cash flow: ¥640584000 → ¥1894038000（difference ¥1253454000）
- Main uses of operating cash flow: CapEx ¥40511000 / dividends ¥114073000 / buybacks ¥40000
- Change in cash: ¥1681115000
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 | ¥22.9B |  |
| Operating income | ¥678.9M | Margin 3.0% |
| Net income | ¥664M | Margin 2.9% |
| Free cash flow | ¥1.85B |  |
| Largest business | Japan | of segment revenue 58.5% |
| Employees (consolidated) | 213 |  |
| EPS | ¥149.26 |  |
| Book value per share | ¥2022.07 |  |
| Equity ratio | 60.4% |  |
| Shares outstanding | 6,158,000 |  |
| Treasury shares | 930,800 |  |
| Shareholders | 5,820 |  |
| Average salary (parent only) | ¥8.1M | Filing company only |
| Cash ratio | 32.5% | Cash ÷ revenue 30.3% |
| Vs. industry median margin | +0.1 pp | Specialty Trading & Wholesale |
| ROE | 6.8% | Derived from disclosed figures |
| ROA | 3.3% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 2.9× net income
- FY2026, one segment accounts for 62% of positive segment profit
- FY2026, segment profit share differs by 35 points

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥17319480000 | ¥22935113000 | +32.4% |
| Operating income | ¥237746000 | ¥678883000 | +185.5% |
| Operating margin | 1.4% | 3.0% | +1.6 pp |
| Employees | 220 people | 213 people | -3.2% |
| Cash and equivalents | ¥5306280000 | ¥6949261000 | +31.0% |

### Change in segment revenue mix

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

| Flow | Revenue share |
| --- | ---: |
| 日本 → 日本 | 58.5% |
| 日本 → 事業再編・廃止 | 5.4% |
| 北米 → 北米 | 14.1% |
| アジア → アジア | 14.2% |
| アジア → 事業再編・廃止 | 6.6% |
| 欧州 → 事業再編・廃止 | 1.2% |
| 新設・再編 → 北米 | 13.2% |

Segment revenue source references: 7 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Japan | 5 years | +3.5% | ¥13159687000 | 2.1% | 2 |
| North America | 5 years | +20.3% | ¥6135645000 | 7.2% | 2 |
| Asia | 5 years | -2.4% | ¥3199704000 | -2.4% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 22,935 | 100.0% | S100YJEU |
| Cost of revenue | 18,756 | 81.8% | S100YJEU |
| Gross profit | 4,179 | 18.2% | S100YJEU |
| SG&A | 3,500 | 15.3% | S100YJEU |
| Operating income | 679 | 3.0% | S100YJEU |
| Ordinary income | 909 | 4.0% | S100YJEU |
| Pretax income | 953 | 4.2% | S100YJEU |
| Income tax | 312 | 1.4% | S100YJEU |
| Net income | 641 | 2.8% | S100YJEU |
| Net income attributable to owners | 664 | 2.9% | S100YJEU |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 82 |
| SG&A | 15 |
| Operating income | 3 |
| (Ref.) Net income | 3 |

### Margin funnel

Gross margin 18.2% → Operating margin 3.0% → Net margin 2.9%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +5.8%; Core profit growth: -12.0%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -2.06×
Calculated from comparable annual consolidated filings.

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

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 21,677 | 22,935 | 1,258 | +5.8% |
| Gross profit | 4,133 | 4,179 | 46 | +1.1% |
| Operating income | 771 | 679 | -92 | -12.0% |
| Net income attributable to owners | 630 | 664 | 34 | +5.5% |
| Operating cash flow | 354 | 1,894 | 1,540 | +435.0% |
| Free cash flow | 276 | 1,854 | 1,577 | +570.9% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 24,306 | 974 | 4.0% | 661 | 23 | -23 | S100LUCB |
| FY ending Mar 2021 | 17,319 | 238 | 1.4% | 317 | 614 | 595 | S100OKDA |
| FY ending Mar 2022 | 19,397 | 417 | 2.1% | 489 | 467 | 424 | S100R85Q |
| FY ending Mar 2023 | 20,196 | 556 | 2.8% | 463 | 932 | 901 | S100TUBQ |
| FY ending Mar 2024 | 21,314 | 608 | 2.9% | 561 | -773 | -853 | S100W5WU |
| FY ending Mar 2025 | 21,677 | 771 | 3.6% | 630 | 354 | 276 | S100YJEU |
| FY ending Mar 2026 | 22,935 | 679 | 3.0% | 664 | 1,894 | 1,854 | S100YJEU |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥107.7M |
| Operating income per employee (consolidated) | ¥3.2M |
| Net income per employee (consolidated) | ¥3.1M |

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

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 221 | 221 | 217 | 215 | 213 |
| Average salary (parent company) | ¥7.9M | ¥7.8M | ¥7.9M | ¥7.7M | ¥8.1M |
| Average age (parent company) | 46.6 years | 47.3 years | 46.3 years | 44.9 years | 44.7 years |
| Average tenure (parent company) | 17.0 years | 17.0 years | 16.7 years | 14.9 years | 14.5 years |

Year over year: Employees (consolidated) -0.9% · Revenue (consolidated) +5.8%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Japan | 13,160 | 58.5% | 272 | 2.1% |
| North America | 6,136 | 27.3% | 444 | 7.2% |
| Asia | 3,200 | 14.2% | -76 | -2.4% |

### 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 |
| --- | ---: | ---: | ---: | ---: |
| Japan | 58.5% | 38.0% | -20.5 | 2.1% |
| North America | 27.3% | 62.0% | 34.8 | 7.2% |
| Asia | 14.2% | — | — | -2.4% |

Loss-making segment (excluded from profit shares): Asia -76 JPY mn

Segment → industry: Asia → Specialty Trading & Wholesale / North America → Specialty Trading & Wholesale / Japan → Specialty Trading & Wholesale

## Revenue by geography

No geographic revenue breakdown was disclosed.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 1,894 | 8.3% | S100YJEU |
| Capital expenditure | 41 | 0.2% | S100YJEU |
| Free cash flow | 1,854 | 8.1% | 算出 |
| Investing cash flow | -152 | -0.7% | S100YJEU |
| Financing cash flow | -141 | -0.6% | S100YJEU |
| Dividends paid | 114 | 0.5% | S100YJEU |
| Share buyback | 0 | 0.0% | S100YJEU |
| Change in cash | 1,681 | 7.3% | S100YJEU |
| Cash and equivalents | 6,949 | 30.3% | S100YJEU |

## 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 Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 5,814 | 7,072 | 5,642 | 5,268 | 6,949 | S100TUBQ, S100W5WU, S100YJEU |
| Total assets | 16,264 | 18,172 | 18,459 | 18,644 | 21,405 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Net assets | 10,227 | 10,963 | 11,903 | 12,208 | 13,230 | S100TUBQ, S100W5WU, S100YJEU |
| Share capital | 398 | 398 | 398 | 398 | 398 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Property, plant and equipment | 1,042 | 1,099 | 1,119 | 1,115 | 1,184 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Intangible assets excluding goodwill | 61 | 50 | 34 | 69 | 52 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Investment securities | 2,341 | 2,438 | 2,723 | 2,308 | 2,914 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Current assets | 11,701 | 13,458 | 13,477 | 13,746 | 15,764 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Current liabilities | 4,697 | 5,687 | 5,049 | 5,042 | 6,560 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Trade payables | 2,200 | 2,714 | 2,393 | 2,491 | 3,411 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Short-term borrowings | 237 | 248 | 204 | 165 | 140 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Long-term borrowings | — | 75 | 25 | — | — | S100TUBQ, S100W5WU |
| Total liabilities | 6,037 | 7,209 | 6,556 | 6,436 | 8,175 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Non-controlling interests | 240 | 265 | 317 | 310 | 304 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Equity attributable to owners of parent | 8,192 | 8,566 | 9,034 | 9,411 | 10,011 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Retained earnings | 7,967 | 8,342 | 8,810 | 9,245 | 9,795 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |
| Treasury stock | -453 | -453 | -453 | -512 | -491 | S100R85Q, S100TUBQ, S100W5WU, S100YJEU |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 32% | S100YJEU |
| Property, plant and equipment | 6% | S100YJEU |
| Intangibles and goodwill | 0% | S100YJEU |
| Investment securities | 14% | S100YJEU |
| Other assets | 48% | S100YJEU |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 16% | S100YJEU |
| Other liabilities | 22% | S100YJEU |
| Equity | 62% | S100YJEU |
| Other liabilities | 0% | S100YJEU |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 16,264 | 18,172 | 18,459 | 18,644 | 21,405 |
| Equity | 10,227 | 10,963 | 11,903 | 12,208 | 13,230 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 5,814 | 7,072 | 5,642 | 5,268 | 6,949 |

## 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) | 5.2% | S100YJEU |
| Fixed assets ÷ total assets | 5.5% | S100YJEU |
| Goodwill ÷ parent equity | — | —, S100YJEU |

### 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) | 32.5% |
| Cash ÷ revenue | 30.3% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 279.0% |
| Cash vs. profit gap | 1,230 JPY mn (of net income 185.2%) |
| Shareholder returns / net income | 17.2% |
| Shareholder returns / FCF | 6.2% |
| Shareholder payments — dividends / net income | 17.2% |
| Shareholder payments — dividends / FCF | 6.2% |
| CapEx intensity (capex ÷ revenue) | 0.2% |
| Investing CF relative to operating CF | 8.0% |

## 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 | 2.5% | 1.19× | 3.0% | 1.99× | 6.0% | S100R85Q |
| 2023 | 2.3% | 1.17× | 2.7% | 2.05× | 5.5% | S100TUBQ |
| 2024 | 2.6% | 1.16× | 3.1% | 2.08× | 6.4% | S100W5WU |
| 2025 | 2.9% | 1.17× | 3.4% | 2.01× | 6.8% | S100YJEU |
| 2026 | 2.9% | 1.15× | 3.3% | 2.06× | 6.8% | S100YJEU |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社トミコーポレーション | Major shareholder | 9.6% | 2026-03-31 |
| トミタ共栄会 | Major shareholder | 9.2% | 2026-03-31 |
| オークマ株式会社 | Major shareholder | 5.0% | 2026-03-31 |
| ダイキン工業株式会社 | Major shareholder | 4.8% | 2026-03-31 |
| 株式会社みずほ銀行 （常任代理人 株式会社日本カストディ銀行） | Major shareholder | 4.5% | 2026-03-31 |
| 冨田 雅枝 | Major shareholder | 4.3% | 2026-03-31 |
| 高松機械工業株式会社 | Major shareholder | 4.2% | 2026-03-31 |
| 株式会社北陸銀行 | Major shareholder | 4.1% | 2026-03-31 |
| 株式会社常陽銀行 （常任代理人 日本マスタートラスト信託銀行株式会社） | Major shareholder | 3.3% | 2026-03-31 |
| 冨田 薫 | Major shareholder | 3.2% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第79期(2025/04/01－2026/03/31) | S100YJEU | 2026-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YJEU,, |
| 有価証券報告書－第78期(2024/04/01－2025/03/31) | S100W5WU | 2025-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W5WU,, |
| 有価証券報告書－第77期(2023/04/01－2024/03/31) | S100TUBQ | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TUBQ,, |
| 有価証券報告書－第76期(2022/04/01－2023/03/31) | S100R85Q | 2023-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R85Q,, |
| 有価証券報告書－第75期(令和3年4月1日－令和4年3月31日) | S100OKDA | 2022-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OKDA,, |
| 有価証券報告書－第74期(令和2年4月1日－令和3年3月31日) | S100LUCB | 2021-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LUCB,, |

## 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).