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← CockpitCompetitor Analysis › 8173.T Joshin CorporationOpen in the cockpit ↗

Joshin Corporation8173.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Electronics/Appliance Stores
Momentum leader 87
Mkt cap
$674M
US dollars, full cap
Free float
64%
of shares outstanding
$/day
$5.49M
20-day average traded
Fwd P/E
31.8×
forward earnings
ROIC−WACC
-0.6 pp
WACC 5.0%
Hurdle
-3 pp
Req g minus delivered
Close · JPY¥4,115
1D-5.5%
1W+1.9%
1M-3.2%
3M+2.6%
6M+41.7%
YTD+51.7%
1Y+52.6%
ATR %4.0%
52w lowhigh11.3% off high

What Joshin does

Employees: 4,362

Joshin at a glance

Size Joshin (8173.T) is a Japan Consumer Discretionary company (Electronics/Appliance Stores) with a market value of $674M, the 921st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,115 on 6 Nov 2026.

Performance Over six months the shares gained 41.7%, against -0.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 17 in its peer set.

Growth Revenue grew 8.9% over the last twelve months (peer median +10.9%); the operating margin is 1.8% (peer median 3.5%).

Valuation It trades at 31.8× forward earnings against a peer median of 16.8× (3rd most expensive of 13).

Price implies For today's price to make sense, revenue must grow about -4% 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 0.6 points below its cost of capital (5.0% WACC).

Relative performance

10012014011 May 202611 Aug 20266 Nov 20268173.T 138Peer median 100
Six months, rebased to 100: Joshin against the median of its 18 peers (local-currency closes).

Joshin financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥450B¥437B¥403B¥404B¥408B
Revenue growth—+8%0%-1%—
Gross profit¥111B¥108B¥102B¥105B¥104B
EBITDA¥13.8B¥11.2B¥9.51B¥14.1B¥13.9B
Net income¥5.13B¥3.28B¥3.41B¥4.89B¥4.97B
Free cash flow¥21.4B¥8.64B¥10.1B-¥4.27B-¥2.17B
Capital expenditure¥4.21B¥4.44B¥6.31B¥6.55B¥9.29B
Total debt¥33.6B¥40.0B¥47.7B¥54.1B¥47.3B

Quarterly statements and history in the cockpit →

Joshin 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%+100%-20%0%+20%7513MOZNAVLEMIL0025191280RERE2681FNAC0020242730PUUILODDR74198173.T6-month return →1-month return →
Up and to the right = strong over both horizons. Joshin is the large dot.

Fundamentals: revenue growth against valuation

0%+500%+1,000%+1,500%50×100×MOZNAVLEMIL002519RERE26810020248173.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Joshin is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%7513MOZNAVLEMIL0025192681FNAC0020248282PUUILODDR74198173.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. Joshin is the large dot.

Joshin competitors and peer comparison

How Joshin 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.

Joshin against its 18 peers (data as of 6 Nov 2026)
Measure8173.TPeer medianRank in peer set
1-month return-3.2%-5.4%9th highest of 19
6-month return+41.7%-0.7%4th highest of 17
Distance from 52-week high-11.3%-24.3%5th highest of 19
Revenue growth (TTM)+8.9%+10.9%8th lowest of 18
Operating margin1.8%3.5%5th lowest of 19
Forward P/E31.8×16.8×3rd most expensive of 13
Growth the price implies (Req g, 7 yrs)-3.7%-3.0%7th least demanding of 14
Growth delivered (Del g)-0.6%+5.1%5th lowest of 14
Hurdle (Req g minus delivered)-3.1 pp-7.2 pp6th most demanding of 14
ROIC minus cost of capital-0.6 pp+5.0 pp5th lowest of 17
Net debt / EBITDA1.4×1.4×8th least indebted of 15

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
Joshin 8173.TJapan$674M+42%+9%2%31.8×-3.7%-0.6%
Kojima 7513.TJapan$675M+15%+5%3%n/a-9.8%0.0%
mobilezone MOZN.SWSwitzerland$659M-12%-37%6%15.1×1.4%-6.1%
Aditya Vision AVL.NSIndia$714M-6%+28%7%40.4×33.5%+29.0%
Electronics Mart India EMIL.NSIndia$588M+19%+17%5%24.0×12.0%+17.5%
Jiangsu Yinhe Electronics 002519.SZChina$852M-38%+1,594%-9%16.2×56.2%-18.2%
SS Retail SSRETAIL.NSIndia$501Mn/a+47%4%n/an/an/a
China Qidian Guofeng 1280.HKHong Kong$930M+113%-6%-30%n/an/an/a
ATRenew Inc. Sponsored ADR REREUnited States$944M-7%+35%3%8.5×n/an/a
GEO 2681.TJapan$467M0%+16%3%9.9×-7.5%+7.9%
Fnac Darty FNAC.PAFrance$1.16B-1%+10%2%17.4×-0.6%+6.6%
QVC QVCGUnited States$377Mn/a-8%2%n/an/an/a
Suning.com 002024.SZChina$1.48B-19%-34%-10%106.3×-3.0%-28.0%
K's 8282.TJapan$1.64B-4%+5%4%10.0×-11.0%-0.8%
Edion 2730.TJapan$1.64B+17%+4%4%15.1×-8.4%+0.7%
Puuilo PUUILO.HEFinland$1.76B+46%+15%18%22.5×-5.2%+13.1%
Dicker Data DDR.AXAustralia$1.78B+54%+12%6%22.4×9.9%+5.1%
Polibeli PLBLUnited States$1.96B-28%n/a-29%n/an/an/a
Nojima 7419.TJapan$2.46B+8%+11%6%n/a-14.2%+13.4%

Questions

Which companies are Joshin's closest peers?
The cockpit's peer set: Kojima (7513.T), mobilezone (MOZN.SW), Aditya Vision (AVL.NS), Electronics Mart India (EMIL.NS), Jiangsu Yinhe Electronics (002519.SZ), SS Retail (SSRETAIL.NS), China Qidian Guofeng (1280.HK), ATRenew Inc. Sponsored ADR (RERE).
Is Joshin expensive compared with its peers?
On forward p/e it trades at 31.8× against a peer median of 16.8×, 3rd most expensive of 13 in its peer set. For today's price to make sense, revenue must grow about -4% 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 Joshin stock performed?
Over six months to 6 Nov 2026 the shares returned +41.7% against -0.7% for the median peer; over one year +52.6%.

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.