# TOMY COMPANY,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75期(2025/04/01－2026/03/31) (S100YHL0)
> Page: https://vizora.meequs.com/en/company/tomy
> Retrieved: 2026-09-30T19:05:56.597Z

## Company

Tomy Company, founded in 1953, is a company in Toys & Hobbies listed on TSE Prime. It has 2,574 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | TOMY COMPANY, LTD. |
| Ticker | 7867 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7867.T) |
| Listing | TSE Prime |
| Head office | 東京都葛飾区立石七丁目9番10号 |
| Representative (per filing) | 代表取締役社長 富山 彰夫 |
| Founded | Jan 1953 |
| Share capital | ¥3.46B |
| Employees (consolidated) | 2,574 |
| Average salary (parent only) | ¥10.4M |
| Fiscal year end | March |
| Website | www.takaratomy.co.jp (https://www.takaratomy.co.jp/) |
| Corporate number | 8011801003488 |
| EDINET | E02450 |
| Industries (Vizora) | Toys & Hobbies |

> Profile source: annual securities report (S100YHL0, filed 2026-06-24). As of filing

## Five-axis industry profile

Primary industry: Toys & Hobbies (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 64.3 | 7 |
| Profitability | 68.2 | 11 |
| Cash conversion | 27.8 | 9 |
| Efficiency | 68.2 | 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)

- About 78% of Tomy Company's sales come from Japan, with America's and Asia making up much of the rest.
- Out of every ¥100 of sales, about ¥9 is left as operating profit.
- Revenue changed +8.1% from the prior year, operating profit -2.5%.

## Company structure

- Segment revenue mix: Japan 77.8%、America's 11.2%、Asia 7.0%、Europe 2.9%、Oceania 1.1%
- Revenue → net income: ¥270455000000 → ¥11679000000
- Net income → operating cash flow: ¥11679000000 → ¥20053000000（difference ¥8374000000）
- Main uses of operating cash flow: CapEx ¥7644000000 / dividends ¥6077000000 / buybacks ¥7517000000
- Change in cash: ¥-5076000000
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 | ¥270.5B |  |
| Operating income | ¥24.2B | Margin 9.0% |
| Net income | ¥11.7B | Margin 4.3% |
| Free cash flow | ¥12.4B |  |
| Largest business | Japan | of segment revenue 77.8% |
| Employees (consolidated) | 2,574 |  |
| EPS | ¥13.33 |  |
| Diluted EPS | ¥13.33 |  |
| Book value per share | ¥496.69 |  |
| Equity ratio | 68.0% |  |
| Shares outstanding | 93,616,650 |  |
| Treasury shares | 5,244,000 |  |
| Shareholders | 195,432 |  |
| Average salary (parent only) | ¥10.4M | Filing company only |
| Cash ratio | 31.2% | Cash ÷ revenue 18.9% |
| Vs. industry median margin | +1.6 pp | Toys & Hobbies |
| ROE | 14.4% | Derived from disclosed figures |
| ROA | 7.1% | Derived from disclosed figures |

## Notable figures

- FY2026, buybacks were 1.2× dividends
- FY2026, one segment accounts for 91% of positive segment profit
- FY2026, parent-company salary changed +44% over five years

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥141218000000 | ¥270455000000 | +91.5% |
| Operating income | ¥7079000000 | ¥24246000000 | +242.5% |
| Operating margin | 5.0% | 9.0% | +4 pp |
| Employees | 2,379 people | 2,574 people | +8.2% |
| Cash and equivalents | ¥63548000000 | ¥50990000000 | -19.8% |

### 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 | 73.7% |
| アメリカズ → アメリカズ | 11.2% |
| アメリカズ → 事業再編・廃止 | 4.2% |
| 欧州 → 欧州 | 2.9% |
| 欧州 → 事業再編・廃止 | 1.4% |
| オセアニア → オセアニア | 1.1% |
| オセアニア → 事業再編・廃止 | 0.3% |
| アジア → アジア | 5.3% |
| 新設・再編 → 日本 | 4.1% |
| 新設・再編 → アジア | 1.7% |

Segment revenue source references: 10 (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 | +15.1% | ¥210434000000 | 13.5% | 2 |
| America's | 5 years | +6.9% | ¥30405000000 | 1.9% | 2 |
| Asia | 5 years | +20.5% | ¥18975000000 | 11.2% | 2 |
| Europe | 5 years | +5.4% | ¥7776000000 | -4.1% | 2 |
| Oceania | 5 years | +8.4% | ¥2862000000 | 6.4% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 270,455 | 100.0% | S100YHL0 |
| Cost of revenue | 161,543 | 59.7% | S100YHL0 |
| Gross profit | 108,912 | 40.3% | S100YHL0 |
| SG&A | 84,666 | 31.3% | S100YHL0 |
| Operating income | 24,246 | 9.0% | S100YHL0 |
| Ordinary income | 24,551 | 9.1% | S100YHL0 |
| Pretax income | 19,104 | 7.1% | S100YHL0 |
| Income tax | 7,425 | 2.7% | S100YHL0 |
| Net income | 11,679 | 4.3% | S100YHL0 |
| Net income attributable to owners | 11,679 | 4.3% | S100YHL0 |

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

| Part | JPY |
| --- | ---: |
| Cost of revenue | 60 |
| SG&A | 31 |
| Operating income | 9 |
| (Ref.) Net income | 4 |

### Margin funnel

Gross margin 40.3% → Operating margin 9.0% → Net margin 4.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +8.1%; Core profit growth: -2.5%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -0.31×
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 | 250,235 | 270,455 | 20,220 | +8.1% |
| Gross profit | 101,349 | 108,912 | 7,563 | +7.5% |
| Operating income | 24,870 | 24,246 | -624 | -2.5% |
| Net income attributable to owners | 16,350 | 11,679 | -4,671 | -28.6% |
| Operating cash flow | 16,999 | 20,053 | 3,054 | +18.0% |
| Free cash flow | 9,069 | 12,409 | 3,340 | +36.8% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 164,837 | 10,683 | 6.5% | 4,507 | 9,006 | 5,703 | S100LMBC |
| FY ending Mar 2021 | 141,218 | 7,079 | 5.0% | 5,374 | 18,064 | 12,464 | S100ODUS |
| FY ending Mar 2022 | 165,448 | 12,344 | 7.5% | 9,114 | 16,405 | 11,999 | S100R25K |
| FY ending Mar 2023 | 187,297 | 13,119 | 7.0% | 8,314 | 16,223 | 13,614 | S100TZK9 |
| FY ending Mar 2024 | 208,326 | 18,818 | 9.0% | 9,808 | 29,175 | 24,516 | S100W42G |
| FY ending Mar 2025 | 250,235 | 24,870 | 9.9% | 16,350 | 16,999 | 9,069 | S100YHL0 |
| FY ending Mar 2026 | 270,455 | 24,246 | 9.0% | 11,679 | 20,053 | 12,409 | S100YHL0 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥105.1M |
| Operating income per employee (consolidated) | ¥9.4M |
| Net income per employee (consolidated) | ¥4.5M |

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) | 2,418 | 2,476 | 2,423 | 2,496 | 2,574 |
| Average salary (parent company) | ¥7.2M | ¥7.9M | ¥8M | ¥9.2M | ¥10.4M |
| Average age (parent company) | 43.9 years | 44.0 years | 44.3 years | 42.8 years | 42.1 years |
| Average tenure (parent company) | 11.4 years | 12.2 years | 12.8 years | 13.2 years | 12.7 years |

Year over year: Employees (consolidated) +3.1% · Revenue (consolidated) +8.1%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Japan | 210,434 | 77.8% | 28,308 | 13.5% |
| America's | 30,405 | 11.2% | 576 | 1.9% |
| Europe | 7,776 | 2.9% | -319 | -4.1% |
| Oceania | 2,862 | 1.1% | 182 | 6.4% |
| Asia | 18,975 | 7.0% | 2,133 | 11.2% |

### 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 | 77.8% | 90.7% | 12.9 | 13.5% |
| America's | 11.2% | 1.8% | -9.4 | 1.9% |
| Europe | 2.9% | — | — | -4.1% |
| Oceania | 1.1% | 0.6% | -0.5 | 6.4% |
| Asia | 7.0% | 6.8% | -0.2 | 11.2% |

Loss-making segment (excluded from profit shares): Europe -319 JPY mn

Segment → industry: Asia → Toys & Hobbies / Oceania → Toys & Hobbies / Europe → Toys & Hobbies / America's → Toys & Hobbies / Japan → Toys & Hobbies

## 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 | 20,053 | 7.4% | S100YHL0 |
| Capital expenditure | 7,644 | 2.8% | S100YHL0 |
| Free cash flow | 12,409 | 4.6% | 算出 |
| Investing cash flow | -8,054 | -3.0% | S100YHL0 |
| Financing cash flow | -18,251 | -6.7% | S100YHL0 |
| Dividends paid | 6,077 | 2.2% | S100YHL0 |
| Share buyback | 7,517 | 2.8% | S100YHL0 |
| Change in cash | -5,076 | -1.9% | S100YHL0 |
| Cash and equivalents | 50,990 | 18.9% | S100YHL0 |

## 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 | 65,310 | 66,360 | 64,182 | 56,067 | 50,990 | S100TZK9, S100W42G, S100YHL0 |
| Total assets | 156,090 | 159,519 | 166,252 | 165,770 | 163,360 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Net assets | 79,174 | 87,167 | 99,999 | 106,398 | 111,167 | S100TZK9, S100W42G, S100YHL0 |
| Share capital | 3,459 | 3,459 | 3,459 | 3,459 | 3,459 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Property, plant and equipment | 13,526 | 15,638 | 15,901 | 19,099 | 20,581 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Intangible assets excluding goodwill | 25,890 | 25,731 | 25,600 | 23,927 | 18,851 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Goodwill | 15,988 | 15,616 | 13,135 | 11,140 | 4,972 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Investment securities | 2,970 | 2,979 | 3,426 | 3,890 | 3,736 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Current assets | 110,324 | 111,664 | 117,561 | 114,402 | 115,544 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Current liabilities | 49,927 | 53,056 | 53,722 | 50,933 | 44,848 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Trade payables | 8,958 | 9,213 | 14,598 | 14,805 | 11,867 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Short-term borrowings | 7,628 | 10,043 | — | — | — | S100R25K, S100TZK9 |
| Long-term borrowings | 18,894 | 10,177 | 4,181 | 700 | — | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Total liabilities | 76,916 | 72,352 | 66,252 | 59,372 | 52,193 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Equity attributable to owners of parent | 63,571 | 68,112 | 73,218 | 81,481 | 81,245 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Retained earnings | 55,472 | 60,092 | 66,920 | 77,781 | 83,373 | S100R25K, S100TZK9, S100W42G, S100YHL0 |
| Treasury stock | -3,374 | -3,587 | -3,980 | -6,578 | -12,779 | S100R25K, S100TZK9, S100W42G, S100YHL0 |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 31% | S100YHL0 |
| Property, plant and equipment | 13% | S100YHL0 |
| Intangibles and goodwill | 15% | S100YHL0 |
| Investment securities | 2% | S100YHL0 |
| Other assets | 39% | S100YHL0 |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 7% | S100YHL0 |
| Other liabilities | 25% | S100YHL0 |
| Equity | 68% | S100YHL0 |

### 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 | 156,090 | 159,519 | 166,252 | 165,770 | 163,360 |
| Equity | 79,174 | 87,167 | 99,999 | 106,398 | 111,167 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 65,310 | 66,360 | 64,182 | 56,067 | 50,990 |

## 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) | 7.6% | S100YHL0 |
| Fixed assets ÷ total assets | 12.6% | S100YHL0 |
| Goodwill ÷ parent equity | 6.1% | S100YHL0 |

Goodwill over 4 years: 15,988 → 4,972 JPY; total investing cash flow: -26,099 JPY. This does not imply causation.

### 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) | 31.2% |
| Cash ÷ revenue | 18.9% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 82.7% |
| Cash vs. profit gap | 8,374 JPY mn (of net income 71.7%) |
| Shareholder returns / net income | 116.4% |
| Shareholder returns / FCF | 109.5% |
| Shareholder payments — dividends / net income | 52.0% |
| Shareholder payments — dividends / FCF | 49.0% |
| CapEx intensity (capex ÷ revenue) | 2.8% |
| Investing CF relative to operating CF | 40.2% |

## 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 | 5.5% | 1.06× | 5.8% | 2.46× | 14.3% | S100R25K |
| 2023 | 4.4% | 1.19× | 5.3% | 2.40× | 12.6% | S100TZK9 |
| 2024 | 4.7% | 1.28× | 6.0% | 2.31× | 13.9% | S100W42G |
| 2025 | 6.5% | 1.51× | 9.8% | 2.15× | 21.1% | S100YHL0 |
| 2026 | 4.3% | 1.64× | 7.1% | 2.02× | 14.4% | S100YHL0 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 12.4% | 2026-03-31 |
| 司不動産株式会社 | Major shareholder | 7.4% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 3.7% | 2026-03-31 |
| 富山 幹太郎 | Major shareholder | 1.9% | 2026-03-31 |
| UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT （常任代理人 シティバンク、エヌ・エイ東京支店） | Major shareholder | 1.7% | 2026-03-31 |
| JP MORGAN CHASE BANK 385781 （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.3% | 2026-03-31 |
| 管理信託（富山章江口） 受託者 株式会社ＳＭＢＣ信託銀行 | Major shareholder | 1.1% | 2026-03-31 |
| ＪＰモルガン証券株式会社 | Major shareholder | 1.0% | 2026-03-31 |
| 株式会社ＳＭＢＣ信託銀行（株式会社三井住友銀行退職給付信託口） | Major shareholder | 1.0% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505001 （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.0% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第75期(2025/04/01－2026/03/31) | S100YHL0 | 2026-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YHL0,, |
| 有価証券報告書－第74期(2024/04/01－2025/03/31) | S100W42G | 2025-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W42G,, |
| 訂正有価証券報告書－第73期(2023/04/01－2024/03/31) | S100TZK9 | 2024-07-03 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TZK9,, |
| 有価証券報告書－第72期(2022/04/01－2023/03/31) | S100R25K | 2023-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R25K,, |
| 有価証券報告書－第71期(令和3年4月1日－令和4年3月31日) | S100ODUS | 2022-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100ODUS,, |
| 有価証券報告書－第70期(令和2年4月1日－令和3年3月31日) | S100LMBC | 2021-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LMBC,, |

## 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).