Totenko Co., Ltd. (8181) AI Stock Analysis

• Market Cap: ¥2.34B
• Dividend Yield: 1.65%
• Average Volume (3M): 2.52K
• Price to Earnings (P/E): 5.4
• Beta (1Y): 0.45
• Revenue Growth: 0.67%
• EPS Growth: N/A
• Country: JP
• Employees: 314
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Restaurants
• EPS (TTM): 58.56
• Shares Outstanding: 2,572,871
• 10 Day Avg. Volume: 3,090
• 30 Day Avg. Volume: 2,516
• PEG Ratio: 0.05
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.69
• 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: ¥961.00
• Price Target Upside: 10.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: ¥975.00 ▲(12.07%Upside)

Totenko Co., Ltd. demonstrates strong financial performance with a positive turnaround, attractive valuation metrics, and moderate technical stability. The low P/E ratio and solid cash flow generation underscore its investment potential. Sustaining recent financial gains amidst market conditions is key for future success.

Totenko Co., Ltd. Business Overview & Revenue Model

Company Description

Totenko Co., Ltd. (8181) is a Japanese company primarily engaged in the operation of Chinese restaurants. The company is known for its authentic Chinese cuisine and operates a chain of dining establishments across Japan. Totenko is dedicated to providing high-quality dining experiences with a focus on traditional and contemporary Chinese dishes.

How the Company Makes Money

Totenko Co., Ltd. generates revenue through its network of Chinese restaurants located throughout Japan. The primary source of income is from the sale of food and beverages to customers dining at their establishments. The company may also offer catering services and private dining experiences, contributing to its revenue streams. Key factors influencing earnings include location, customer preferences, and seasonal demand, while partnerships with food suppliers ensure quality and cost efficiency.

Totenko Co., Ltd. Financial Statement Overview

Summary

Totenko Co., Ltd. has demonstrated a strong recovery with significant revenue growth, improved profit margins, and effective cost management, transitioning to profitability. The balance sheet is stable with a reasonable leverage level and strong equity base. Cash flow generation is robust, supporting further investments and financial flexibility.

Income Statement

Totenko Co., Ltd. has demonstrated a strong recovery in its financial performance. The company reported a significant revenue growth rate of 0.67% in 2025 compared to 2024, recovering from prior years of declining revenue. Gross profit margin improved as well, reaching 55.38% in 2025. The net profit margin also turned positive at 9.13%, indicating profitability after multiple years of losses. The EBIT and EBITDA margins improved to 10.40% and 15.86%, respectively, showing effective cost management and operational efficiency.

Balance Sheet

The balance sheet displays moderate strength with a debt-to-equity ratio of 0.45 in 2025, indicating a reasonable level of leverage. Return on equity (ROE) improved to 6.43%, reflecting better utilization of shareholder funds compared to previous losses. The equity ratio stands at 61.38%, signifying a strong equity position relative to total assets, which supports financial stability. Despite improvements, potential risks include the company's ability to maintain this performance trend.

Cash Flow

Cash flow metrics reflect strong cash generation capabilities. Operating cash flow to net income ratio improved, indicating efficient conversion of profits into cash. The free cash flow growth rate was robust at 28.88%, driven by improved operational performance and disciplined capital expenditure. The free cash flow to net income ratio suggests strong cash generation relative to reported profits, providing a solid base for future investments or debt reduction.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	4.51B	4.71B	4.68B	3.70B	2.00B	1.61B
Gross Profit	2.63B	2.61B	2.61B	1.93B	919.99M	570.97M
EBITDA	-260.78M	746.76M	111.02M	-507.46M	-592.50M	-1.66B
Net Income	-515.04M	430.07M	-134.75M	-828.40M	-946.93M	-1.94B
Balance Sheet
Total Assets	10.49B	10.90B	10.51B	10.76B	11.22B	12.18B
Cash, Cash Equivalents and Short-Term Investments	1.02B	1.66B	1.22B	727.28M	549.52M	609.23M
Total Debt	3.22B	3.02B	3.19B	3.24B	2.72B	2.54B
Total Liabilities	4.44B	4.21B	4.31B	4.44B	4.09B	4.11B
Stockholders Equity	6.04B	6.69B	6.21B	6.32B	7.12B	8.07B
Cash Flow
Free Cash Flow	499.58M	633.90M	491.61M	-253.50M	-501.41M	-1.42B
Operating Cash Flow	499.58M	726.77M	522.76M	-252.47M	-497.44M	-1.33B
Investing Cash Flow	0.00	-111.66M	18.60M	-87.35M	260.23M	-178.78M
Financing Cash Flow	0.00	-177.53M	-47.28M	517.58M	177.50M	1.48B

Totenko Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 870.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8181, the sentiment is Positive. The current price of 870 is below the 20-day moving average (MA) of 870.25, above the 50-day MA of 867.58, and above the 200-day MA of 864.78, indicating a bullish trend. The MACD of 6.50 indicates Negative momentum. The RSI at 66.05 is Neutral, neither overbought nor oversold. The STOCH value of 70.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8181.

Totenko Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8181	75 Outperform	¥2.34B	5.43		1.65%	0.67%	―
3223	70 Outperform	¥1.50B	11.70		―	2.10%	-100.00%
3358	70 Outperform	¥3.22B	157.47		―	2.23%	―
2789	67 Neutral	¥2.75B	8.28		1.09%	5.85%	-26.82%
3077	67 Neutral	¥1.86B	10.38		―	2.45%	95.38%
Sector *	62 Neutral	C$5.18B	11.28	20.23%	3.62%	3.35%	6.70%
2762	49 Neutral	¥3.35B	―		―	6.39%	16.24%