Employees: 1,768
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 flow | n/a | -¥4.81B | -¥4.29B | -¥5.41B | -¥3.72B |
| Capital expenditure | n/a | ¥4.65B | ¥3.83B | ¥2.58B | ¥891M |
| Total debt | ¥20.9B | ¥21.8B | ¥19.5B | ¥14.8B | ¥9.95B |
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 | 7721.T | Peer median | Rank 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 margin | 8.7% | -4.5% | 6th highest of 20 |
| Forward P/E | 14.1× | 21.2× | 2nd cheapest of 12 |
| ROIC minus cost of capital | -4.1 pp | -6.7 pp | 7th highest of 19 |
| EV / EBITDA | 13.2× | 13.2× | 3rd cheapest of 6 |
| Net debt / EBITDA | 2.4× | -1.4× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tokyo Keiki 7721.T | Japan | $494M | -37% | +5% | 9% | 14.1× | n/a | n/a |
| Nippon Avionics 6946.T | Japan | $505M | -26% | +45% | 21% | 12.8× | n/a | n/a |
| Figeac Aero FGA.PA | France | $506M | -3% | +13% | 6% | 20.5× | 14.7% | +18.9% |
| TAT Technologies TATT | United States | $481M | +2% | +14% | 11% | 20.6× | 16.8% | +18.8% |
| Park Aerospace PKE | United States | $515M | -30% | +28% | 21% | 31.2× | 4.8% | +9.6% |
| Chengdu Lihang Technology 603261.SS | China | $458M | +19% | +35% | -52% | n/a | n/a | n/a |
| Satellogic SATL | United States | $535M | -54% | +369% | -67% | n/a | n/a | n/a |
| Beijing Navigation Control Technology 688282.SS | China | $564M | -42% | -4% | -26% | n/a | n/a | n/a |
| Virgin Galactic SPCE | United States | $420M | -6% | -39% | -24,588% | n/a | n/a | n/a |
| Beijing Emerging Eastern Aviation Equipment 002933.SZ | China | $420M | -20% | -6% | 6% | n/a | n/a | n/a |
| Beijing Andawell Science & Technology 300719.SZ | China | $400M | -32% | -3% | -4% | n/a | n/a | n/a |
| Chengdu Jouav Automation Tech 688070.SS | China | $399M | -34% | +5% | 2% | 17.6× | n/a | n/a |
| Jiangsu Maixinlin Aviation Science and Technology 688685.SS | China | $620M | -42% | -36% | -18% | 21.2× | n/a | n/a |
| Eve EVEX | United States | $645M | -43% | n/a | n/a | n/a | n/a | n/a |
| Sun-Create Electronics 600990.SS | China | $669M | -28% | -13% | -30% | 57.1× | 35.7% | -15.1% |
| Ideaforge Technology IDEAFORGE.NS | India | $353M | -15% | +221% | -8% | 101.5× | n/a | n/a |
| MS International MSI.L | United Kingdom | $350M | -8% | -2% | 13% | n/a | -7.8% | +13.3% |
| Innovative Solutions and Support IA | United States | $348M | n/a | +20% | 27% | 18.8× | 2.6% | +31.3% |
| Integrity Technology 688244.SS | China | $344M | -23% | -28% | -30% | 25.1× | n/a | n/a |
| Xi'An Tian He Defense Technology 300397.SZ | China | $713M | -28% | +69% | -5% | 31.7× | n/a | n/a |
| Sichuan Tianwei Electronic 688511.SS | China | $342M | -20% | -56% | -49% | n/a | 10.9% | -8.8% |