TMH Inc.

280A・Growth Market・Wholesale Trade

TMH Inc.

280A・Growth Market・Wholesale Trade

TMH Inc.280A

Reference Indicators

Market Cap

37¥100M

P/E (Forecast)

—

P/B

2.6x

Dividend Yield (Forecast)

0.00%

ROE

17.5%

EV/EBITDA

9.4x

Financial Summary

Unit: ¥M

Item	2024Nov 2024	2025Nov 2025
Net Sales	6,017	8,628
Cost of Sales	5,154	7,658
Gross Profit	862	970
SG&A Expenses	539	614
Operating Income	323	355
Non-operating Income	16	9
Non-operating Expenses	34	26
Ordinary Income	306	338
Pre-tax Income	306	338
Income Taxes	33	89
Net Income	272	249
EBITDA	333	366
Gross Margin	14.3%	11.2%
Operating Margin	5.4%	4.1%
ROA	7.1%	9.0%
ROE	42.2%	17.5%