Who are Tomen Devices's main competitors?

Named competitors: Ryosan (private or unlisted), Arrow Electronics (ARW), Avnet (AVT). The cockpit's measured peer set (industry) also includes Restar (3156.T), ScanSource (SCSC), Beijing Oriental Jicheng (002819.SZ), Shanghai YCT Electronics (301099.SZ), SFC (301558.SZ), HNA Technology (600751.SS).

Is Tomen Devices expensive compared with its peers?

On ev / sales it trades at 0.3× against a peer median of 0.5×, 4th cheapest of 21 in its peer set.

How has Tomen Devices stock performed?

Over six months to 6 Nov 2026 the shares returned +41.4% against -4.7% for the median peer; over one year +191.3%.

← CockpitCompetitor Analysis › 2737.T Tomen Devices Corp.Open in the cockpit ↗

Tomen Devices Corp.2737.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Electronics Distributors

Japanese distributor of semiconductors and electronic components to manufacturers, part of the Toyota Tsusho group.

≈ A smaller, Japan-focused Arrow Electronics/AvnetMomentum weak 35

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$926M

US dollars, full cap

Free float

37%

of shares outstanding

$/day

$57.0M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+6.9 pp

WACC 6.8%

Hurdle

n/a

no reverse DCF

Next earnings

89 days

3 Feb 2027

Close · JPY¥21,470

1D-4.5%

1W-16.6%

1M-42.4%

3M-17.9%

6M+41.4%

YTD+62.3%

1Y+191.3%

ATR %12.8%

52w lowhigh51.4% off high

What Tomen Devices does

Japanese distributor of semiconductors and electronic components to manufacturers, part of the Toyota Tsusho group.

Resells chips for suppliers including Samsung to Japanese equipment makers, earning a thin margin on each sale. Toyota Tsusho, its parent, gives it entry to auto-electronics buyers, and results rise and fall with memory chip prices.

In one line: A smaller, Japan-focused Arrow Electronics/Avnet.

Products and services

Semiconductor distribution
Electronic component distribution
Design/technical support services

Customers

Electronics manufacturers
Auto electronics makers

Where it sits in the supply chain

Electronics distribution
Semiconductor/component distribution
Value-added distribution

What could go right

Semiconductor demand growth

What could go wrong

Distribution margin compression
Semiconductor cycle swings

Moat: none (distribution). Distribution scale and supplier franchise agreements, but limited differentiation versus rival distributors.

Headquarters: Tokyo, Japan · Employees: 202

Named competitors

Ryosan private or unlisted
Arrow Electronics ARW
Avnet AVT

Tomen Devices at a glance

Size Tomen Devices (2737.T) is a Japan Information Technology company (Electronics Distributors) with a market value of $926M, the 765th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥21,470 on 6 Nov 2026.

Performance Over six months the shares gained 41.4%, against -4.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 157.2% over the last twelve months (peer median +17.8%); the operating margin is 4.1% (peer median 3.4%).

Valuation It trades at 0.3× enterprise value to sales against a peer median of 0.5× (4th cheapest of 21).

Capital Return on invested capital runs 6.9 points above its cost of capital (6.8% WACC).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Tomen Devices against the median of its 20 peers (local-currency closes).

Tomen Devices financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥1.18T	¥634B	¥422B	¥371B	¥418B
Revenue growth	—	+50%	+14%	-11%	—
Gross profit	¥55.0B	¥23.9B	¥14.5B	¥13.6B	¥16.0B
EBITDA	n/a	¥19.1B	¥10.4B	¥10.1B	¥12.6B
Net income	¥30.4B	¥10.0B	¥5.59B	¥2.10B	¥4.91B
Free cash flow	n/a	-¥97.6B	¥9.20B	¥4.41B	-¥5.17B
Capital expenditure	n/a	¥114M	¥29.0M	¥275M	¥288M
Total debt	¥182B	¥119B	¥14.2B	¥29.8B	¥20.7B

Quarterly statements and history in the cockpit →

Tomen Devices competitor charts

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.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Tomen Devices is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tomen Devices is the large dot.

Tomen Devices competitors and peer comparison

Head to head with its named competitors (2737.T vs ARW vs AVT)
Company	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g
Tomen Devices 2737.T	$926M	+41%	+157%	4%	0.3×	n/a
Arrow Electronics ARW	$9.22B	-7%	+26%	4%	0.3×	0.1%
Avnet AVT	$6.52B	-3%	+44%	4%	0.3×	n/a

How Tomen Devices compares with its peers

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.

Tomen Devices against its 20 peers (data as of 6 Nov 2026)
Measure	2737.T	Peer median	Rank in peer set
1-month return	-42.4%	-11.3%	lowest of 21
6-month return	+41.4%	-4.7%	4th highest of 21
Distance from 52-week high	-51.4%	-35.0%	2nd lowest of 21
Revenue growth (TTM)	+157.2%	+17.8%	highest of 21
Operating margin	4.1%	3.4%	6th highest of 21
EV / Sales	0.3×	0.5×	4th cheapest of 21
ROIC minus cost of capital	+6.9 pp	+0.9 pp	6th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Tomen Devices 2737.T	Japan	$926M	+41%	+157%	4%	0.3×	n/a	n/a
Restar 3156.T	Japan	$877M	+60%	+23%	4%	0.4×	n/a	n/a
ScanSource SCSC	United States	$871M	-7%	+6%	3%	0.3×	0.4%	+0.5%
Beijing Oriental Jicheng 002819.SZ	China	$848M	-27%	+7%	-3%	1.6×	10.3%	+23.4%
Shanghai YCT Electronics 301099.SZ	China	$1.02B	-17%	+106%	6%	0.9×	n/a	n/a
SFC 301558.SZ	China	$793M	-19%	-8%	4%	2.5×	30.3%	-3.2%
HNA Technology 600751.SS	China	$1.11B	-26%	+33%	0%	3.8×	n/a	n/a
Climb Global Solutions CLMB	United States	$741M	+97%	+24%	4%	0.9×	13.1%	+21.0%
Beijing Asiacom Information Technology 301085.SZ	China	$717M	-21%	+47%	-4%	2.9×	n/a	n/a
Tokyo Electron Device 2760.T	Japan	$676M	0%	+16%	6%	0.6×	5.9%	+7.3%
Ryoyo Ryosan Holdings,Inc 167A.T	Japan	$676M	+9%	+7%	3%	0.3×	n/a	n/a
Daiichi Jitsugyo 8059.T	Japan	$633M	-2%	-7%	6%	0.2×	-19.3%	+9.4%
IngDan 0400.HK	Hong Kong	$629M	+33%	+81%	3%	0.4×	n/a	n/a
Yubico YUBICO.ST	Sweden	$1.40B	+189%	-9%	9%	6.0×	26.3%	+12.4%
Telling Telecommunication 000829.SZ	China	$1.41B	-21%	+37%	0%	0.2×	n/a	n/a
Kyland Technology 300353.SZ	China	$1.42B	-17%	-6%	-6%	11.8×	n/a	n/a
Hakuto 7433.T	Japan	$598M	+34%	+8%	4%	0.7×	3.8%	+1.8%
Shenzhen Aisidi 002416.SZ	China	$1.44B	-44%	+26%	1%	0.2×	n/a	n/a
Weikeng Industrial 3033.TW	Taiwan	$596M	-3%	+19%	3%	0.3×	n/a	n/a
SeSa SES.MI	Italy	$1.53B	-1%	+11%	4%	0.4×	-7.1%	+12.0%
Shenzhen Best of Best 001298.SZ	China	$559M	-38%	+78%	3%	0.5×	n/a	n/a

Questions

Who are Tomen Devices's main competitors?: Named competitors: Ryosan (private or unlisted), Arrow Electronics (ARW), Avnet (AVT). The cockpit's measured peer set (industry) also includes Restar (3156.T), ScanSource (SCSC), Beijing Oriental Jicheng (002819.SZ), Shanghai YCT Electronics (301099.SZ), SFC (301558.SZ), HNA Technology (600751.SS).
Is Tomen Devices expensive compared with its peers?: On ev / sales it trades at 0.3× against a peer median of 0.5×, 4th cheapest of 21 in its peer set.
How has Tomen Devices stock performed?: Over six months to 6 Nov 2026 the shares returned +41.4% against -4.7% for the median peer; over one year +191.3%.