TOKYO BASE Co., Ltd. (3415) AI Stock Analysis

• Market Cap: ¥16.50B
• Dividend Yield: 1.24%
• Average Volume (3M): 638.73K
• Price to Earnings (P/E): 22.6
• Beta (1Y): 0.90
• Revenue Growth: 1.11%
• EPS Growth: 144.56%
• Country: JP
• Employees: 278
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Apparel - Retail
• EPS (TTM): 11.22
• Shares Outstanding: 43,459,480
• 10 Day Avg. Volume: 1,244,660
• 30 Day Avg. Volume: 638,733
• PEG Ratio: 0.20
• Price to Book (P/B): 3.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -25.84
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ¥422.00 ▲(4.46%Upside)

The most significant factor influencing the score is the company's improved financial performance, with strong revenue growth and stable cash flow metrics. Technical analysis indicates strong momentum, but caution is advised due to overbought conditions. Valuation is fair, offering modest growth potential. Earnings call data and corporate events did not influence the score.

TOKYO BASE Co., Ltd. Business Overview & Revenue Model

Company Description

TOKYO BASE Co.,Ltd. provides fashion products for men and women in Japan. The company offers jackets, blousons, rider jackets, coats, downs, shirts, T-shirts, hoodies and sweats, knits, cardigans, tops, denim, slacks, pants, bags, leather shoes, sneakers, and sandals, and as well as one piece products. It also provides accessories, such as necklaces, bracelets, rings, earrings, caps, scarves, wallets, and belts; and swim wears. As of February 28, 2020, the company operated 58 stores under the STUDIOUS, UNITED TOKYO, and PUBLIC TOKYO brand names. It offers its products through physical and online stores. The company was formerly known as Studious Co., Ltd. and changed its name to TOKYO BASE Co., Ltd. in June 2016. TOKYO BASE Co.,Ltd. was founded in 2008 and is headquartered in Tokyo, Japan.

How the Company Makes Money

TOKYO BASE Co., Ltd. generates revenue primarily through the sale of fashion apparel and accessories in its retail stores and online channels. The company operates several branded stores that target different market segments, allowing it to capture a broad customer base. Key revenue streams include direct sales from these physical retail locations, as well as e-commerce sales from their online platforms. The company's earnings are influenced by factors such as seasonal fashion trends, consumer spending behavior, and its ability to adapt to changing market demands. Additionally, strategic partnerships with fashion designers and brands enhance its product offerings, contributing to its revenue growth.

TOKYO BASE Co., Ltd. Financial Statement Overview

Summary

TOKYO BASE Co., Ltd. shows strong revenue growth and improving cash flow metrics. However, there is historical volatility in profitability and return metrics. Recent trends suggest stabilization and improved financial health, indicating a positive direction for the company's financial performance.

Income Statement

TOKYO BASE Co., Ltd. has demonstrated consistent revenue growth over the years, with a notable increase from 2021 to 2025. The gross profit margin has been strong, indicating effective cost management. However, the company has faced fluctuations in net income, reflected in volatile net profit margins, particularly with a significant drop in 2023. Despite this, recent improvements in EBIT and EBITDA margins show a positive trend towards profitability.

Balance Sheet

The company's balance sheet reveals a stable equity base with a reasonable debt-to-equity ratio, showing controlled leverage. The increase in stockholders' equity over time is a positive indicator. However, the return on equity has been inconsistent, mirroring the volatility in net income. The equity ratio remains healthy, indicating a solid asset structure.

Cash Flow

Cash flow analysis shows improvement in free cash flow, particularly from 2023 to 2025, reflecting better cash generation after capital expenditures. The operating cash flow to net income ratio indicates robust cash flow generation, but previous years show significant variability. This points to potential cash management challenges, though recent trends are encouraging.

Breakdown
Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
20.21B	19.99B	19.18B	19.22B	14.67B
	Gross Profit
10.44B	9.06B	9.61B	9.27B	7.15B
	EBIT
1.47B	881.23M	215.03M	1.03B	207.40M
	EBITDA
1.76B	1.87B	1.01B	2.05B	152.38M
	Net Income Common Stockholders
776.87M	335.43M	-539.52M	832.08M	-112.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.67B	4.16B	2.50B	3.15B	2.61B
	Total Assets
11.45B	11.89B	11.20B	11.55B	7.56B
	Total Debt
3.95B	4.44B	3.65B	3.22B	2.20B
	Net Debt
277.61M	281.06M	1.14B	70.33M	-401.14M
	Total Liabilities
6.35B	6.35B	5.83B	5.64B	4.34B
	Stockholders Equity
5.11B	5.53B	5.37B	5.90B	3.22B
Cash Flow		Free Cash Flow
1.33B	723.09M	-713.52M	-123.67M	-551.07M
	Operating Cash Flow
1.74B	828.53M	64.41M	883.90M	138.92M
	Investing Cash Flow
-758.21M	-115.24M	-730.89M	-1.59B	-878.87M
	Financing Cash Flow
-1.50B	934.53M	-3.83M	1.22B	-2.80B

TOKYO BASE Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 404.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3415, the sentiment is Positive. The current price of 404 is above the 20-day moving average (MA) of 331.45, above the 50-day MA of 288.16, and above the 200-day MA of 285.64, indicating a bullish trend. The MACD of 32.83 indicates Negative momentum. The RSI at 88.69 is Negative, neither overbought nor oversold. The STOCH value of 95.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3415.

TOKYO BASE Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3415	66 Neutral	¥16.50B	22.63		1.24%	1.11%	144.56%
Sector *	63 Neutral	$6.98B	11.41	2.80%	4.24%	2.68%	-24.94%
RGH		€60.99M	―	-180.01%	―	―	―
7416	70 Outperform	¥11.06B	16.43		0.67%	0.61%	66.79%
3189	61 Neutral	¥20.98B	31.81		―	-55.47%	―
7494	50 Neutral	¥8.06B	―		2.07%	-9.83%	-371.31%
2686	45 Neutral	¥11.88B	―		―	-7.16%	40.05%

TOKYO BASE Co., Ltd. Corporate Events

TOKYO BASE Co., Ltd. Reports Financial Growth and Positive Outlook for 2025

TOKYO BASE Co., Ltd. reported its consolidated financial results for the year ended January 31, 2025, showing a slight increase in net sales by 1.1% to 20,207 million yen. The company experienced significant growth in operating profit and profit attributable to owners of the parent, increasing by 67.1% and 131.6% respectively. Despite a decrease in total assets and net assets, the company improved its cash flow from operating activities. The forecast for the next fiscal year anticipates further growth in net sales and profits, indicating a positive outlook for the company.