TOKUDEN CO., LTD.

3437・Standard Market・Metal Products

Official website

TOKUDEN CO., LTD.

3437・Standard Market・Metal Products

Official website

TOKUDEN CO., LTD.3437

Reference Indicators

Market Cap

44¥100M

P/E (Forecast)

13.6x

P/B

0.6x

Dividend Yield (Forecast)

3.73%

ROE

5.9%

EV/EBITDA

4.0x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	8,617	9,699	9,587	10,539	10,915
Cost of Sales	6,200	6,909	6,916	7,734	8,093
Gross Profit	2,417	2,790	2,670	2,805	2,821
SG&A Expenses	1,802	1,981	2,175	2,169	2,238
Operating Income	614	809	495	635	583
Non-operating Income	74	17	26	18	31
Non-operating Expenses	2	1	3	8	13
Ordinary Income	687	825	518	646	601
Extraordinary Income	0	113	0	2	0
Extraordinary Losses	0	0	20	38	0
Pre-tax Income	687	937	498	609	600
Income Taxes	196	232	113	145	141
Net Income	486	696	379	467	457
EBITDA	720	935	747	1,018	974
Gross Margin	28.0%	28.8%	27.9%	26.6%	25.9%
Operating Margin	7.1%	8.3%	5.2%	6.0%	5.3%
ROA	5.0%	6.4%	3.3%	3.9%	3.8%
ROE	8.1%	10.6%	5.4%	6.3%	5.9%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
工事施工	8,133	1,136	14.0%
溶接材料	1,380	141	10.2%
環境関連装置	671	107	15.9%
その他	729	49	6.7%