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Tamagawa Holdings Co., Ltd. logo

Tamagawa Holdings Co., Ltd.

6838.T

JPXIndustrialsConglomerates

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Latest quote

¥1,437

+¥28.00 · +1.99%

Aug 24, 3:30 PM JST

6838.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Tamagawa Holdings Co., Ltd. operates primarily within the electronic and communication equipment sector. The company's product portfolio includes a broad range of high-frequency electronic components, such as attenuators, splitters, couplers, switches, and filters. Additionally, it furnishes advanced optical-related and electronic application equipment, encompassing optical transmission systems, frequency converters, amplifiers, frequency synthesizers, digital signal processing units, video monitoring solutions, and various testing apparatus. Tamagawa Holdings also undertakes the development, production, and distribution of millimeter-wave products. Beyond its core technological offerings, the company diversifies into the energy industry. This involves the sale of power generation facilities, the distribution of electricity sourced from its small wind farms and other renewable energy installations, and the provision of power plants directly to owners. Established in 1968, Tamagawa Holdings Co., Ltd. maintains its headquarters in Tokyo, Japan.

Industry
Conglomerates
Sector
Industrials
Headquarters
JP
CEO
Toru Masuzawa
Listed since
Jan 4, 2000
Employees
278

Market position

Day range

Current ¥1,437

52-week range

Current ¥1,437

Open
¥1,398
Previous close
¥1,409
Volume
172.6K
0.4× average
Average volume
435.23K
Average daily volume
Market cap
13.11B JPY
Beta
0.79
Market reference 1
50-day average
¥1,611.32
-10.82% below average
200-day average
¥1,285.4
+11.79% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.35B JPY
P/E (TTM)
34.85×
P/B (TTM)
1.49×
P/S (TTM)
2.35×
EV / EBITDA
9.58×
Earnings yield
5.40%
Free cash flow yield
-12.79%
Dividend yield
0.35%

Profitability & efficiency

Gross margin
30.29%
Operating margin
4.99%
Net margin
4.81%
Return on equity
4.91%
Return on assets
2.38%
Return on invested capital
2.12%

Financial health

Debt / equity
0.6×
Current ratio
2.63×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%17%-1%-19%Gross margin, FY2021: 26.72%Gross margin, FY2022: 26.11%Gross margin, FY2023: 26.28%Gross margin, FY2024: 30.13%Gross margin, FY2025: 30.29%Operating margin, FY2021: 6.08%Operating margin, FY2022: -14.16%Operating margin, FY2023: -5.25%Operating margin, FY2024: -2.33%Operating margin, FY2025: 4.99%Net margin, FY2021: 2.38%Net margin, FY2022: -14.65%Net margin, FY2023: -10.67%Net margin, FY2024: -4.82%Net margin, FY2025: 4.81%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.72%. Gross margin FY2022 26.11%. Gross margin FY2023 26.28%. Gross margin FY2024 30.13%. Gross margin FY2025 30.29%. Operating margin FY2021 6.08%. Operating margin FY2022 -14.16%. Operating margin FY2023 -5.25%. Operating margin FY2024 -2.33%. Operating margin FY2025 4.99%. Net margin FY2021 2.38%. Net margin FY2022 -14.65%. Net margin FY2023 -10.67%. Net margin FY2024 -4.82%. Net margin FY2025 4.81%.

Income trends

Revenue

5.59B JPY+38.33%

Operating income

278.9M JPY+373.15M JPY

Net income

268.65M JPY+463.55M JPY
Income trends across reported periods6.91B JPY4.22B JPY1.53B JPY−1.15B JPYRevenue, FY2021: 6.24B JPYRevenue, FY2022: 3.29B JPYRevenue, FY2023: 4.15B JPYRevenue, FY2024: 4.04B JPYRevenue, FY2025: 5.59B JPYOperating income, FY2021: 379.01M JPYOperating income, FY2022: −466.63M JPYOperating income, FY2023: −218.12M JPYOperating income, FY2024: −94.25M JPYOperating income, FY2025: 278.9M JPYNet income, FY2021: 148.7M JPYNet income, FY2022: −482.79M JPYNet income, FY2023: −443.35M JPYNet income, FY2024: −194.9M JPYNet income, FY2025: 268.65M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.24B JPY. Revenue FY2022 3.29B JPY. Revenue FY2023 4.15B JPY. Revenue FY2024 4.04B JPY. Revenue FY2025 5.59B JPY. Operating income FY2021 379.01M JPY. Operating income FY2022 −466.63M JPY. Operating income FY2023 −218.12M JPY. Operating income FY2024 −94.25M JPY. Operating income FY2025 278.9M JPY. Net income FY2021 148.7M JPY. Net income FY2022 −482.79M JPY. Net income FY2023 −443.35M JPY. Net income FY2024 −194.9M JPY. Net income FY2025 268.65M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue5.59B JPY4.04B JPY4.15B JPY3.29B JPY6.24B JPY
Cost of goods sold3.9B JPY2.82B JPY3.06B JPY2.43B JPY4.57B JPY
Gross profit1.69B JPY1.22B JPY1.09B JPY860.33M JPY1.67B JPY
Research and development—187.69M JPY137.19M JPY199.92M JPY156.51M JPY
Selling, general, and administrative—1.12B JPY1.17B JPY1.13B JPY1.13B JPY
Operating expenses1.41B JPY1.31B JPY1.31B JPY1.33B JPY1.29B JPY
Interest income1.09M JPY624K JPY1.48M JPY4.77M JPY4.14M JPY
Interest expense58.41M JPY57.34M JPY41.05M JPY30.32M JPY24.85M JPY
Depreciation and amortization347.77M JPY295.52M JPY293.09M JPY227.13M JPY182.87M JPY
Operating income278.9M JPY−94.25M JPY−218.12M JPY−466.63M JPY379.01M JPY
Net income268.65M JPY−194.9M JPY−443.35M JPY−482.79M JPY148.7M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
142.49

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates154.5196.4238.32-19.77Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q2 2024, reported May 15, 2024: actual -7.75, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual -3.06, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual 9.21, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 13, 2025: actual 19.78, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 16, 2025: actual -0.41, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 15, 2025: actual 12.65, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 16, 2026: actual 111.08, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 15, 2026: actual 142.49, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.14B1.72B1.3B885.68MQ2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q2 2024, reported May 15, 2024: actual 1.74B JPY, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual 972M JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 14, 2025: actual 1.12B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 13, 2025: actual 1.4B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 16, 2025: actual 1.47B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 15, 2025: actual 1.6B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 16, 2026: actual 2.05B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 15, 2026: actual 1.69B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 26, 2018

1:10

Stock split

Effective Feb 26, 2014

3:1

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ETFs holding 6838.T

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

Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
82.43K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.425-0.32%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
33.68K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.295-0.29%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
26.59K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$37.915-0.64%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
7.09K
Weight
0.00%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.235-0.27%
Dimensional International Sustainability Core 1 ETF logoDimensional International Sustainability Core 1 ETFDFSI
Market value
1.77K
Weight
0.00%
AUM
1.19B USD
Expense ratio
0.24%
Price / 1D
$47.28-0.19%

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