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← CockpitCompetitor Analysis › 7721.T Tokyo Keiki Inc.Open in the cockpit ↗

Tokyo Keiki Inc.7721.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Aerospace & Defense
Momentum laggard 3
Mkt cap
$494M
US dollars, full cap
Free float
74%
of shares outstanding
$/day
$9.35M
20-day average traded
Fwd P/E
14.1×
forward earnings
ROIC−WACC
-4.1 pp
WACC 10.1%
Hurdle
n/a
no reverse DCF
Next earnings
91 days
5 Feb 2027
Close · JPY¥4,750
1D-7.4%
1W-16.2%
1M-35.2%
3M-30.4%
6M-36.8%
YTD-11.2%
1Y-8.0%
ATR %7.0%
52w lowhigh50.2% off high

What Tokyo Keiki does

Employees: 1,768

Tokyo Keiki at a glance

Size Tokyo Keiki (7721.T) is a Japan Industrials company (Aerospace & Defense) with a market value of $494M, the 1070th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,750 on 6 Nov 2026.

Performance Over six months the shares fell 36.8%, against -26.1% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th lowest of 20 in its peer set.

Growth Revenue grew 4.6% over the last twelve months (peer median +5.2%); the operating margin is 8.7% (peer median -4.5%).

Valuation It trades at 14.1× forward earnings against a peer median of 21.2× (2nd cheapest of 12).

Capital Return on invested capital runs 4.1 points below its cost of capital (10.1% WACC).

Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 757721.T 62
Six months, rebased to 100: Tokyo Keiki against the median of its 20 peers (local-currency closes).

Tokyo Keiki financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥62.2B¥61.2B¥57.6B¥47.2B¥44.3B
Revenue growth—+6%+22%+6%—
Gross profit¥17.6B¥17.3B¥15.8B¥13.0B¥11.0B
EBITDA¥7.24B¥7.09B¥6.05B¥3.64B¥2.35B
Net income¥4.21B¥4.00B¥3.80B¥2.28B¥872M
Free cash flown/a-¥4.81B-¥4.29B-¥5.41B-¥3.72B
Capital expendituren/a¥4.65B¥3.83B¥2.58B¥891M
Total debt¥20.9B¥21.8B¥19.5B¥14.8B¥9.95B

Quarterly statements and history in the cockpit →

Tokyo Keiki 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

-40%-20%0%+20%-20%0%6946FGATATTPKE603261SATL688282SPCE002933300719688070688685EVEX600990IDEAFORGEMSI6882443003976885117721.T6-month return →1-month return →
Up and to the right = strong over both horizons. Tokyo Keiki is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%50×100×6946FGATATTPKE688685600990IDEAFORGE6882443003977721.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tokyo Keiki is the large dot.

Tokyo Keiki competitors and peer comparison

How Tokyo Keiki 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.

Tokyo Keiki against its 20 peers (data as of 6 Nov 2026)
Measure7721.TPeer medianRank in peer set
1-month return-35.2%-9.4%2nd lowest of 21
6-month return-36.8%-26.1%5th lowest of 20
Distance from 52-week high-50.2%-47.2%8th lowest of 21
Revenue growth (TTM)+4.6%+5.2%10th lowest of 20
Operating margin8.7%-4.5%6th highest of 20
Forward P/E14.1×21.2×2nd cheapest of 12
ROIC minus cost of capital-4.1 pp-6.7 pp7th highest of 19
EV / EBITDA13.2×13.2×3rd cheapest of 6
Net debt / EBITDA2.4×-1.4×3rd most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Tokyo Keiki 7721.TJapan$494M-37%+5%9%14.1×n/an/a
Nippon Avionics 6946.TJapan$505M-26%+45%21%12.8×n/an/a
Figeac Aero FGA.PAFrance$506M-3%+13%6%20.5×14.7%+18.9%
TAT Technologies TATTUnited States$481M+2%+14%11%20.6×16.8%+18.8%
Park Aerospace PKEUnited States$515M-30%+28%21%31.2×4.8%+9.6%
Chengdu Lihang Technology 603261.SSChina$458M+19%+35%-52%n/an/an/a
Satellogic SATLUnited States$535M-54%+369%-67%n/an/an/a
Beijing Navigation Control Technology 688282.SSChina$564M-42%-4%-26%n/an/an/a
Virgin Galactic SPCEUnited States$420M-6%-39%-24,588%n/an/an/a
Beijing Emerging Eastern Aviation Equipment 002933.SZChina$420M-20%-6%6%n/an/an/a
Beijing Andawell Science & Technology 300719.SZChina$400M-32%-3%-4%n/an/an/a
Chengdu Jouav Automation Tech 688070.SSChina$399M-34%+5%2%17.6×n/an/a
Jiangsu Maixinlin Aviation Science and Technology 688685.SSChina$620M-42%-36%-18%21.2×n/an/a
Eve EVEXUnited States$645M-43%n/an/an/an/an/a
Sun-Create Electronics 600990.SSChina$669M-28%-13%-30%57.1×35.7%-15.1%
Ideaforge Technology IDEAFORGE.NSIndia$353M-15%+221%-8%101.5×n/an/a
MS International MSI.LUnited Kingdom$350M-8%-2%13%n/a-7.8%+13.3%
Innovative Solutions and Support IAUnited States$348Mn/a+20%27%18.8×2.6%+31.3%
Integrity Technology 688244.SSChina$344M-23%-28%-30%25.1×n/an/a
Xi'An Tian He Defense Technology 300397.SZChina$713M-28%+69%-5%31.7×n/an/a
Sichuan Tianwei Electronic 688511.SSChina$342M-20%-56%-49%n/a10.9%-8.8%

Questions

Which companies are Tokyo Keiki's closest peers?
The cockpit's peer set: Nippon Avionics (6946.T), Figeac Aero (FGA.PA), TAT Technologies (TATT), Park Aerospace (PKE), Chengdu Lihang Technology (603261.SS), Satellogic (SATL), Beijing Navigation Control Technology (688282.SS), Virgin Galactic (SPCE).
Is Tokyo Keiki expensive compared with its peers?
On forward p/e it trades at 14.1× against a peer median of 21.2×, 2nd cheapest of 12 in its peer set.
How has Tokyo Keiki stock performed?
Over six months to 6 Nov 2026 the shares returned -36.8% against -26.1% for the median peer; over one year -8.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.