GoAI
Get started
Token Corporation logo

Token Corporation

1766.T

JPXReal EstateReal Estate - Development

Open in GoAI

Latest quote

¥13,630

+¥130 · +0.96%

Aug 24, 1:15 PM JSTData delayed

1766.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Token Corporation operates as a construction company in Japan. It is involved in the general lease construction business for landowners; corporate leasing business; intermediation business for rental condominiums, rental apartments, and rental stores. The company also engages in the house renovation business; fixed-term land leasehold housing sales business; furnished rental apartment business; urban redevelopment; and internet advertising services. Token Corporation was founded in 1974 and is headquartered in Nagoya, Japan.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
JP
CEO
Yoshimitsu Sakata
Listed since
Mar 20, 2002
Employees
6,231

Market position

Day range

Current ¥13,630

52-week range

Current ¥13,630

Open
¥13,570
Previous close
¥13,500
Volume
8.1K
0.22× average
Average volume
36.51K
Average daily volume
Market cap
151.31B JPY
Beta
0.54
Market reference 1
50-day average
¥12,920.4
+5.49% above average
200-day average
¥13,776.8
-1.07% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
46.89B JPY
P/E (TTM)
11.01×
P/B (TTM)
1.41×
P/S (TTM)
0.39×
EV / EBITDA
1.93×
Earnings yield
9.77%
Free cash flow yield
9.92%
Dividend yield
2.64%

Profitability & efficiency

Gross margin
17.26%
Operating margin
5.79%
Net margin
4.18%
Return on equity
13.89%
Return on assets
7.49%
Return on invested capital
10.99%

Financial health

Debt / equity
0×
Current ratio
1.89×
Altman Z-score
4.32
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%13%6%0%Gross margin, FY2021: 16.02%Gross margin, FY2022: 14.10%Gross margin, FY2023: 14.67%Gross margin, FY2024: 17.32%Gross margin, FY2025: 17.26%Operating margin, FY2021: 4.83%Operating margin, FY2022: 3.07%Operating margin, FY2023: 3.83%Operating margin, FY2024: 6.07%Operating margin, FY2025: 5.79%Net margin, FY2021: 3.30%Net margin, FY2022: 1.65%Net margin, FY2023: 2.62%Net margin, FY2024: 4.30%Net margin, FY2025: 4.18%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.02%. Gross margin FY2022 14.10%. Gross margin FY2023 14.67%. Gross margin FY2024 17.32%. Gross margin FY2025 17.26%. Operating margin FY2021 4.83%. Operating margin FY2022 3.07%. Operating margin FY2023 3.83%. Operating margin FY2024 6.07%. Operating margin FY2025 5.79%. Net margin FY2021 3.30%. Net margin FY2022 1.65%. Net margin FY2023 2.62%. Net margin FY2024 4.30%. Net margin FY2025 4.18%.

Income trends

Revenue

386.54B JPY+5.43%

Operating income

22.38B JPY+0.53%

Net income

16.16B JPY+2.43%
Income trends across reported periods424.67B JPY272.15B JPY119.63B JPY−32.89B JPYRevenue, FY2021: 311.59B JPYRevenue, FY2022: 316.85B JPYRevenue, FY2023: 340.84B JPYRevenue, FY2024: 366.64B JPYRevenue, FY2025: 386.54B JPYOperating income, FY2021: 15.04B JPYOperating income, FY2022: 9.74B JPYOperating income, FY2023: 13.04B JPYOperating income, FY2024: 22.26B JPYOperating income, FY2025: 22.38B JPYNet income, FY2021: 10.28B JPYNet income, FY2022: 5.24B JPYNet income, FY2023: 8.94B JPYNet income, FY2024: 15.78B JPYNet income, FY2025: 16.16B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 311.59B JPY. Revenue FY2022 316.85B JPY. Revenue FY2023 340.84B JPY. Revenue FY2024 366.64B JPY. Revenue FY2025 386.54B JPY. Operating income FY2021 15.04B JPY. Operating income FY2022 9.74B JPY. Operating income FY2023 13.04B JPY. Operating income FY2024 22.26B JPY. Operating income FY2025 22.38B JPY. Net income FY2021 10.28B JPY. Net income FY2022 5.24B JPY. Net income FY2023 8.94B JPY. Net income FY2024 15.78B JPY. Net income FY2025 16.16B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue386.54B JPY366.64B JPY340.84B JPY316.85B JPY311.59B JPY
Cost of goods sold319.84B JPY303.12B JPY290.83B JPY272.18B JPY261.67B JPY
Gross profit66.7B JPY63.52B JPY50B JPY44.67B JPY49.91B JPY
Selling, general, and administrative44.32B JPY—36.97B JPY34.93B JPY34.87B JPY
Operating expenses44.32B JPY41.26B JPY36.97B JPY34.93B JPY34.87B JPY
Interest income151M JPY141M JPY105M JPY70M JPY65M JPY
Depreciation and amortization1.94B JPY2.15B JPY2.01B JPY2.22B JPY2.23B JPY
Operating income22.38B JPY22.26B JPY13.04B JPY9.74B JPY15.04B JPY
Net income16.16B JPY15.78B JPY8.94B JPY5.24B JPY10.28B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
347.93

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates361.85320.64279.43238.22Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 12, 2024: actual 261.76, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 11, 2024: actual 252.14, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 13, 2025: actual 340.46, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 12, 2025: actual 321.93, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 12, 2025: actual 313.68, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 12, 2025: actual 278.99, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 13, 2026: actual 300.99, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 12, 2026: actual 347.93, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates112.06B74.81B37.56B310.25MQ3 '24BeatQ4 '24BeatQ1 '25MissQ2 '25BeatQ3 '25No estimateQ4 '25MissQ1 '26MissQ2 '26Beat
Q3 2024, reported Sep 12, 2024: actual 89.01B JPY, estimate 365M JPY, surprise +24286.85%, Beat. Q4 2024, reported Dec 11, 2024: actual 89.97B JPY, estimate 86.92B JPY, surprise +3.51%, Beat. Q1 2025, reported Mar 13, 2025: actual 92.16B JPY, estimate 94.5B JPY, surprise -2.48%, Miss. Q2 2025, reported Jun 12, 2025: actual 95.49B JPY, estimate 94.85B JPY, surprise +0.67%, Beat. Q3 2025, reported Sep 12, 2025: actual 93.48B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 12, 2025: actual 93.66B JPY, estimate 95.63B JPY, surprise -2.05%, Miss. Q1 2026, reported Mar 13, 2026: actual 95.61B JPY, estimate 96.46B JPY, surprise -0.88%, Miss. Q2 2026, reported Jun 12, 2026: actual 103.79B JPY, estimate 103.25B JPY, surprise +0.52%, Beat.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥330

2025 complete year+50.0% since 2021

2026 partial: ¥360

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Apr 28, 2027

¥400

Annual

Record Apr 30, 2027 · Payment Apr 28, 2027

Dividend

Ex-dividend Apr 28, 2026

¥360

Annual

Record Apr 30, 2026 · Payment Jul 29, 2026

Dividend

Ex-dividend Apr 28, 2025

¥330

Annual

Record Apr 30, 2025 · Payment Jul 30, 2025

Dividend

Ex-dividend Apr 26, 2024

¥250

Annual

Record Apr 30, 2024 · Payment Jul 29, 2024

Dividend

Ex-dividend Apr 27, 2023

¥250

Annual

Record Apr 30, 2023 · Payment Jul 28, 2023

Dividend

Ex-dividend Apr 27, 2022

¥250

Annual

Record Apr 30, 2022 · Payment Jul 29, 2022

1766.T peers

Mitsubishi Estate Co., Ltd. logo

8802.T

Mitsubishi Estate Co., Ltd.

¥3,712

+0.68%

Mitsui Fudosan Co., Ltd. logo

8801.T

Mitsui Fudosan Co., Ltd.

¥1,512.5

+0.97%

Sumitomo Realty & Development Co., Ltd. logo

8830.T

Sumitomo Realty & Development Co., Ltd.

¥3,394

+1.65%

Daiwa House Industry Co., Ltd. logo

1925.T

Daiwa House Industry Co., Ltd.

¥4,691

+0.04%

Hulic Co., Ltd. logo

3003.T

Hulic Co., Ltd.

¥1,788

+0.45%

Nippon Building Fund Incorporation logo

8951.T

Nippon Building Fund Incorporation

¥130,000

+1.25%

ETFs holding 1766.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
211.95M
Weight
0.01%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.9-0.02%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
6.19M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
4.42M
Weight
0.00%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
3.84M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
1.55M
Weight
0.01%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
iShares MSCI EAFE Small-Cap ETF logoiShares MSCI EAFE Small-Cap ETFSCZ
Market value
1.52M
Weight
0.01%
AUM
13.28B USD
Expense ratio
0.40%
Price / 1D
$86.60+0.70%
Schwab Fundamental International Small Company Index ETF logoSchwab Fundamental International Small Company Index ETFFNDC
Market value
1.12M
Weight
0.04%
AUM
3.16B USD
Expense ratio
0.39%
Price / 1D
$50.98+0.33%
Schwab International Small-Cap Equity ETF logoSchwab International Small-Cap Equity ETFSCHC
Market value
843.9K
Weight
0.01%
AUM
5.73B USD
Expense ratio
0.06%
Price / 1D
$51.25+0.61%

Continue in GoAI

Research 1766.T

research.disclaimer