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Employees: 1,163
Size Tohokushinsha Film (2329.T) is a Japan Communication Services company (Movies/Entertainment) with a market value of $405M, the 1181st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥461 on 6 Nov 2026.
Performance Over six months the shares fell 23.2%, against -4.1% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 6.1% over the last twelve months (peer median +4.5%); the operating margin is 5.8% (peer median 5.0%).
Valuation It trades at 0.5× enterprise value to sales against a peer median of 2.4× (2nd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is -5 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.8 points below its cost of capital (5.0% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥48.2B | ¥47.7B | ¥45.7B | ¥52.8B | ¥55.9B |
| Revenue growth | — | +4% | -14% | -6% | — |
| Gross profit | ¥12.7B | ¥12.5B | ¥12.0B | ¥13.1B | ¥15.0B |
| EBITDA | ¥3.43B | ¥3.62B | ¥3.62B | ¥4.13B | ¥5.68B |
| Net income | ¥5.53B | ¥6.97B | ¥8.36B | ¥4.02B | ¥3.13B |
| Free cash flow | n/a | ¥1.01B | -¥203M | ¥5.61B | ¥3.47B |
| Capital expenditure | n/a | ¥169M | ¥303M | ¥554M | ¥1.28B |
| Total debt | ¥287M | ¥317M | ¥439M | ¥838M | ¥1.90B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2329.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.0% | +1.7% | 6th lowest of 21 |
| 6-month return | -23.2% | -4.1% | 6th lowest of 21 |
| Distance from 52-week high | -34.0% | -24.5% | 9th lowest of 21 |
| Revenue growth (TTM) | +6.1% | +4.5% | 9th highest of 21 |
| Operating margin | 5.8% | 5.0% | 11th highest of 21 |
| EV / Sales | 0.5× | 2.4× | 2nd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -6.6% | 8.1% | 2nd least demanding of 10 |
| Growth delivered (Del g) | -2.0% | +14.3% | 3rd lowest of 10 |
| Hurdle (Req g minus delivered) | -4.6 pp | -14.2 pp | 3rd most demanding of 10 |
| ROIC minus cost of capital | -0.8 pp | -5.6 pp | 7th highest of 20 |
| EV / EBITDA | 6.9× | 8.0× | 7th cheapest of 16 |
| Net debt / EBITDA | -12.0× | 0.3× | least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tohokushinsha Film 2329.T | Japan | $405M | -23% | +6% | 6% | 0.5× | -6.6% | -2.0% |
| TVZone Media 603721.SS | China | $412M | -6% | +6% | 3% | 8.5× | n/a | n/a |
| Winvia Entertainment WVIA.L | United Kingdom | $417M | +31% | +100% | 10% | 1.4× | 7.6% | +99.9% |
| Codere Online Luxembourg CDRO | United States | $386M | -6% | +9% | 3% | 1.3× | 19.6% | +24.2% |
| Starz Entertainment STRZ | United States | $425M | +25% | -8% | -5% | 0.9× | n/a | n/a |
| Wuhan MC Culture & Sports 600136.SS | China | $425M | -22% | -39% | -4% | 7.1× | 51.0% | -6.4% |
| Borussia Dortmund GmbH & Co. KGaA BVB.DE | Germany | $384M | +2% | -12% | -4% | 0.8× | -11.4% | +6.6% |
| Blue Ant Media BAMI.TO | Canada | $429M | -1% | +5% | 10% | 3.3× | 12.7% | -2.1% |
| PARKEN Sport & Entertainment A/S PARKEN.CO | Denmark | $368M | +40% | +42% | 8% | 1.7× | 3.0% | +28.3% |
| TWC Enterprises TWC.TO | Canada | $447M | +4% | -3% | 19% | 2.0× | -6.0% | +12.0% |
| Gaumont GAM.PA | France | $353M | 0% | +42% | -11% | 1.6× | n/a | n/a |
| Haichang Ocean Park 2255.HK | Hong Kong | $349M | -52% | -16% | -42% | 5.7× | n/a | n/a |
| AEON Fantasy 4343.T | Japan | $342M | +7% | +10% | 7% | 0.9× | n/a | n/a |
| ZO Future 2309.HK | Hong Kong | $326M | +6% | -64% | -42% | 16.3× | n/a | n/a |
| Wonderla Holidays WONDERLA.NS | India | $322M | -9% | +35% | 17% | 4.0× | n/a | n/a |
| Guangzhou Jinyi Media 002905.SZ | China | $515M | -11% | -15% | -14% | 5.2× | 8.1% | +14.3% |
| Studio Dragon 253450.KS | South Korea | $515M | -33% | +24% | 9% | 1.2× | n/a | n/a |
| Lucky Strike Entertainment LUCK | United States | $518M | -54% | +4% | 13% | 3.1× | n/a | n/a |
| Olympique Lyonnais Groupe OLG.PA | France | $306M | -27% | -12% | -159% | 4.5× | n/a | n/a |
| Tivoli A/S TIV.CO | Denmark | $536M | -3% | +6% | 10% | 2.8× | 8.8% | +23.0% |
| Maoyan Entertainment 1896.HK | Hong Kong | $547M | -38% | -7% | 9% | 0.1× | n/a | n/a |