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← CockpitCompetitor Analysis › 7989.T Tachikawa CorporationOpen in the cockpit ↗

Tachikawa Corporation7989.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Home Furnishings
Momentum neutral 49
Mkt cap
$335M
US dollars, full cap
Free float
53%
of shares outstanding
$/day
$851,700
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+0.3 pp
WACC 7.3%
Hurdle
-3 pp
Req g minus delivered
Next earnings
84 days
29 Jan 2027
Close · JPY¥2,506
1D-2.9%
1W-1.5%
1M-4.1%
3M-3.0%
6M-1.5%
YTD+26.9%
1Y+30.7%
ATR %1.9%
52w lowhigh8.6% off high

What Tachikawa does

Employees: 1,264

Tachikawa at a glance

Size Tachikawa (7989.T) is a Japan Consumer Discretionary company (Home Furnishings) with a market value of $335M, the 1288th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,506 on 6 Nov 2026.

Performance Over six months the shares fell 1.5%, against -22.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue grew 4.4% over the last twelve months (peer median -0.8%); the operating margin is 10.6% (peer median 4.9%).

Valuation It trades at 0.8× enterprise value to sales against a peer median of 1.5× (5th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.3 points above its cost of capital (7.3% WACC).

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 20267989.T 99Peer median 78
Six months, rebased to 100: Tachikawa against the median of its 20 peers (local-currency closes).

Tachikawa financials

Reported figures in JPY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥44.4B¥42.6B¥41.4B¥41.3B¥41.3B
Revenue growth—+3%0%0%—
Gross profit¥17.7B¥17.4B¥17.0B¥16.6B¥16.7B
EBITDA¥5.90B¥5.60B¥5.53B¥5.25B¥4.79B
Net income¥3.27B¥3.24B¥2.80B¥2.71B¥2.52B
Free cash flow¥1.89B¥3.71B¥565M¥1.45B-¥335M
Capital expenditure¥3.31B¥1.03B¥1.19B¥2.91B¥2.53B
Total debt¥735M¥179M¥138M¥115M¥126M

Quarterly statements and history in the cockpit →

Tachikawa 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

-50%0%+50%-20%0%002397603307603180KOANILKAMAL603818002790603801603326GWASVED-B601112DFS002798110831497989.T6-month return →1-month return →
Up and to the right = strong over both horizons. Tachikawa is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%+60%2×4×6×002397603307603180KOAXMAXDUNINILKAMAL603818002790603801601112301552300616DFS002798110831497989.TRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tachikawa is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%603307KOANILKAMAL603818603326GWASVED-B301552DFS0027987989.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Tachikawa is the large dot.

Tachikawa competitors and peer comparison

How Tachikawa 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.

Tachikawa against its 20 peers (data as of 6 Nov 2026)
Measure7989.TPeer medianRank in peer set
1-month return-4.1%-9.1%6th highest of 21
6-month return-1.5%-22.2%6th highest of 20
Distance from 52-week high-8.6%-39.1%3rd highest of 21
Revenue growth (TTM)+4.4%-0.8%8th highest of 21
Operating margin10.6%4.9%7th highest of 21
EV / Sales0.8×1.5×5th cheapest of 21
Growth the price implies (Req g, 7 yrs)-2.1%7.0%3rd least demanding of 11
Growth delivered (Del g)+1.3%+4.1%6th highest of 11
Hurdle (Req g minus delivered)-3.3 pp-1.0 pp5th least demanding of 11
ROIC minus cost of capital+0.3 pp-3.6 pp6th highest of 20
EV / EBITDA6.4×8.1×2nd cheapest of 8
Net debt / EBITDA-2.6×1.7×3rd least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Tachikawa 7989.TJapan$335M-1%+4%11%0.8×-2.1%+1.3%
Hunan Mendale Hometextile 002397.SZChina$340M-36%+6%5%1.6×n/an/a
Yangzhou Jinquan Travelling Goods 603307.SSChina$342M-20%+4%13%1.5×-2.5%+7.3%
Goldenhome Living 603180.SSChina$329M-22%-12%-8%1.0×n/an/a
Koala KOA.AXAustralia$343M+78%+20%5%1.3×10.9%+22.0%
XMAX XMAXUnited States$346Mn/a+64%-21%19.7×n/an/a
Duni DUNI.STSweden$324M-22%-2%6%0.9×n/an/a
Nilkamal NILKAMAL.NSIndia$319M+55%+8%5%0.8×17.3%+12.5%
QuMei Home Furnishings 603818.SSChina$354M-7%-6%-2%1.5×11.3%-4.4%
Xiamen R & T Plumbing Technology 002790.SZChina$359M-23%-23%-4%1.1×n/an/a
Zbom Home Collection 603801.SSChina$363M-35%-20%-4%0.7×n/an/a
Nanjing OLO Home Furnishing 603326.SSChina$310M-26%-7%12%1.4×1.6%-1.7%
GWA GWA.AXAustralia$374M+2%+1%18%1.6×1.3%+0.8%
Svedbergs SVED-B.STSweden$297M-10%+5%14%1.7×4.9%+28.2%
Zhejiang Zhenshi New Materials 601112.SSChina$393M-27%+62%11%0.6×n/an/a
Hebei Keli Automobile Equipment 301552.SZChina$418M-29%-5%21%3.4×9.0%+31.2%
Guangzhou Shangpin Home Collection 300616.SZChina$419M-30%-21%-20%1.5×n/an/a
DFS Furniture DFS.LUnited Kingdom$420M+12%+3%7%0.7×-2.5%-0.1%
DO & SHUIHUA 002798.SZChina$443M-35%-18%-20%2.1×15.8%-16.3%
Triumph New Energy 1108.HKHong Kong$473M-51%-36%-76%4.8×n/an/a
G-Tech Optoelectronics 3149.TWTaiwan$484M+22%+8%-21%7.0×n/an/a

Questions

Which companies are Tachikawa's closest peers?
The cockpit's peer set: Hunan Mendale Hometextile (002397.SZ), Yangzhou Jinquan Travelling Goods (603307.SS), Goldenhome Living (603180.SS), Koala (KOA.AX), XMAX (XMAX), Duni (DUNI.ST), Nilkamal (NILKAMAL.NS), QuMei Home Furnishings (603818.SS).
Is Tachikawa expensive compared with its peers?
On ev / sales it trades at 0.8× against a peer median of 1.5×, 5th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has Tachikawa stock performed?
Over six months to 6 Nov 2026 the shares returned -1.5% against -22.2% for the median peer; over one year +30.7%.

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.