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Operates a Tokyo-area private railway plus real estate, retail and hotel businesses along its lines.
Operates a Tokyo-area private railway plus real estate, retail and hotel businesses along its lines.
Earns from train fares on its Tokyo-area lines and from developing and renting buildings and housing around them, notably in Shibuya, the hub of its network. Commuter fares, rents and shop sales feed each other, with the lines creating demand for the property and retail it owns beside them.
In one line: A railway-plus-real-estate conglomerate, unlike anything in the US.
Moat: narrow (regulatory licence, installed base). Rail line ownership anchors captive real estate and retail development along its routes.
Headquarters: Tokyo, Japan · Founded: 1922 · Employees: 24,262
Size Tokyu (9005.T) is a Japan Consumer Discretionary company (Department Stores) with a market value of $6.14B, the 205th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,610 on 6 Nov 2026.
Performance Over six months the shares fell 3.3%, against +8.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 5.3% over the last twelve months (peer median +1.1%); the operating margin is 9.3% (peer median 5.5%).
Valuation It trades at 10.0× forward earnings against a peer median of 15.2× (4th cheapest of 18).
Capital Return on invested capital runs 2.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥1.10T | ¥1.09T | ¥1.05T | ¥1.04T | ¥931B |
| Revenue growth | — | +3% | +2% | +11% | — |
| Gross profit | ¥344B | ¥328B | ¥321B | ¥308B | ¥250B |
| EBITDA | ¥193B | ¥192B | ¥190B | ¥182B | ¥128B |
| Net income | ¥98.0B | ¥87.1B | ¥79.7B | ¥63.9B | ¥26.0B |
| Free cash flow | n/a | -¥35.6B | ¥24.6B | ¥28.5B | -¥59.3B |
| Capital expenditure | n/a | ¥163B | ¥131B | ¥117B | ¥155B |
| Total debt | ¥1.46T | ¥1.39T | ¥1.30T | ¥1.26T | ¥1.29T |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Tokyu 9005.T | $6.14B | -3% | +5% | 9% | 10.0× | n/a |
| Tokyu Fudosan Holdings Corporat 3289.T | $5.69B | -7% | +6% | 14% | 8.6× | n/a |
| Hankyu Hanshin 9042.T | $7.03B | +3% | +6% | 10% | 13.2× | n/a |
| Odakyu Electric Railway 9007.T | $3.80B | +11% | +3% | 13% | 15.1× | n/a |
| Keio 9008.T | $2.80B | +3% | +10% | 10% | 10.5× | n/a |
| Tobu Railway 9001.T | $3.58B | +3% | +5% | 11% | 10.0× | n/a |
| Keikyu 9006.T | $2.73B | +2% | +4% | 11% | 13.4× | n/a |
| Seibu 9024.T | $6.11B | +2% | -41% | 10% | 29.6× | n/a |
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 | 9005.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.6% | +1.1% | 9th highest of 20 |
| 6-month return | -3.3% | +8.9% | 7th lowest of 20 |
| Distance from 52-week high | -19.3% | -20.6% | 10th highest of 20 |
| Revenue growth (TTM) | +5.3% | +1.1% | 6th highest of 20 |
| Operating margin | 9.3% | 5.5% | 7th highest of 20 |
| Forward P/E | 10.0× | 15.2× | 4th cheapest of 18 |
| ROIC minus cost of capital | -2.1 pp | -0.1 pp | 4th lowest of 20 |
| EV / EBITDA | 12.5× | 8.5× | 2nd most expensive of 14 |
| Net debt / EBITDA | 7.2× | 2.2× | most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tokyu 9005.T | Japan | $6.14B | -3% | +5% | 9% | 10.0× | n/a | n/a |
| Macy's M | United States | $6.03B | +18% | 0% | 4% | 10.8× | -1.1% | +4.6% |
| Ollie's Bargain Outlet OLLI | United States | $5.37B | +10% | +14% | 12% | 19.8× | 1.5% | +7.9% |
| Isetan Mitsukoshi 3099.T | Japan | $7.16B | +14% | 0% | 15% | 17.5× | 7.4% | -7.7% |
| Canadian Tire CTC-A.TO | Canada | $7.57B | +7% | +1% | 9% | 14.1× | 1.9% | +1.9% |
| J Front Retailing 3086.T | Japan | $4.46B | +24% | -3% | 11% | 22.1× | 5.9% | +6.9% |
| Dillard's DDS | United States | $9.41B | +7% | 0% | 11% | 17.4× | 1.6% | +8.2% |
| Takashimaya 8233.T | Japan | $3.98B | +14% | +2% | 11% | 15.6× | 2.4% | -6.3% |
| Harvey Norman HVN.AX | Australia | $3.84B | +2% | +5% | 18% | 13.8× | 4.7% | +0.8% |
| CCOOP 000564.SZ | China | $3.55B | -23% | +19% | -46% | n/a | n/a | n/a |
| Marks and Spencer MKS.L | United Kingdom | $12.1B | +40% | +21% | 5% | 13.1× | 6.5% | +13.6% |
| Kohl's KSS | United States | $2.61B | +59% | -3% | 4% | 15.3× | 0.0% | -0.5% |
| Ceconomy CEC.DE | Germany | $2.47B | +9% | +4% | 1% | 7.8× | 2.9% | +2.1% |
| H2O Retailing 8242.T | Japan | $2.10B | +17% | 0% | 5% | 12.3× | -9.7% | -1.6% |
| Beijing United Information Technology 603613.SS | China | $2.05B | -30% | -4% | 5% | n/a | n/a | n/a |
| Easyhome New Retail 000785.SZ | China | $1.97B | -18% | -23% | 3% | 19.3× | 1.0% | +4.4% |
| Seria 2782.T | Japan | $1.91B | +18% | +13% | 9% | 15.2× | -2.1% | +5.0% |
| Lotte Shopping 023530.KS | South Korea | $1.87B | -33% | +1% | 5% | 7.9× | 5.8% | -3.2% |
| Wangfujing 600859.SS | China | $1.65B | -21% | -10% | 5% | 244.5× | -13.6% | -2.4% |
| Shinsegae 004170.KS | South Korea | $1.59B | -38% | +7% | 9% | 5.8× | -2.2% | +7.8% |