2485
Tier Co., Ltd.
株式会社ティア
Services
Tear Corporation provides funeral services in Japan. The company operates funeral hall. It accepts funerals and legal services at homes, temples, etc., as well as provides funeral-related services. The company also provides post-funeral follow-up and memorial services. It also engages in real estate business. Tear Corporation was incorporated in 1997 and is headquartered in Nagoya, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥21.6B
¥18.8B
¥14.1B
¥13.3B
¥12.2B
Cost of Sales
¥13.4B
¥11.4B
¥8.3B
¥8.0B
¥7.5B
Gross Profit
¥8.2B
¥7.4B
¥5.8B
¥5.3B
¥4.8B
SG&A
¥6.5B
¥6.0B
¥4.6B
¥4.2B
¥3.9B
Operating Income
¥1.6B
¥1.4B
¥1.1B
¥1.1B
¥887M
Non-Operating Income
¥148M
¥97M
¥34M
¥37M
¥36M
Dividend Income
—
¥0M
¥0M
¥0M
¥0M
Interest Income
¥5M
¥3M
¥2M
¥3M
¥3M
Non-Operating Expenses
¥216M
¥292M
¥36M
¥47M
¥46M
Interest Expense
¥178M
¥98M
¥27M
¥23M
¥25M
Ordinary Income
¥1.6B
¥1.2B
¥1.1B
¥1.0B
¥877M
Pre-tax Income
¥1.4B
¥1.3B
¥1.1B
¥902M
¥821M
Income Taxes
¥507M
¥567M
¥343M
¥334M
¥279M
Current Tax
¥651M
¥614M
¥346M
¥414M
¥349M
Deferred Tax
¥-143M
¥-47M
¥-3M
¥-80M
¥-70M
Net Income (owners)
¥891M
¥752M
¥789M
¥568M
¥542M
Comprehensive Income
¥867M
¥752M
¥789M
¥568M
¥542M
EBITDA
¥3.1B
¥2.7B
¥1.8B
¥1.6B
¥1.4B
Goodwill Amort. (J-GAAP)
¥402M
¥302M
—
—
—
EPS
¥39.62
¥33.44
¥35.14
¥25.37
¥24.21
Shares Outstanding
22.5M
22.5M
22.5M
22.4M
22.4M
Shares Issued (total)
22.5M
22.5M
22.5M
22.4M
22.4M
Treasury Shares
0.0M
0.0M
0.0M
0.0M
0.0M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥27.9B
¥27.3B
¥15.4B
¥14.2B
¥13.5B
Current Assets
¥6.0B
¥5.7B
¥3.9B
¥3.8B
¥3.6B
Cash & Deposits
¥4.5B
¥4.3B
¥2.9B
¥3.1B
¥2.9B
Trade Receivables
—
—
—
—
¥384M
Inventories
¥112M
¥142M
¥82M
¥66M
¥49M
Non-Current Assets
¥21.8B
¥21.6B
¥11.5B
¥10.3B
¥10.0B
PP&E
¥13.1B
¥12.5B
¥9.8B
¥8.8B
¥8.5B
Goodwill
¥5.5B
¥5.7B
—
—
—
Intangible Assets
¥6.8B
¥7.2B
¥157M
¥63M
¥59M
Investment Securities
—
¥1M
¥0M
¥0M
¥0M
Deferred Tax Assets
¥596M
¥547M
¥501M
¥498M
¥385M
Total Liabilities
¥19.3B
¥19.1B
¥7.5B
¥6.7B
¥4.5B
Current Liabilities
¥6.1B
¥5.9B
¥4.7B
¥4.2B
¥2.5B
ST Debt
¥1.2B
¥1.0B
¥1.1B
¥653M
¥770M
Taxes Payable
¥361M
¥455M
¥179M
¥279M
¥280M
Non-Current Liabilities
¥13.2B
¥13.3B
¥2.8B
¥2.4B
¥2.0B
Total LT Borrowings
¥10.7B
¥10.8B
¥1.4B
¥1.3B
¥992M
Pension Obligations
¥64M
¥57M
—
—
—
Deferred Tax Liab.
¥246M
¥304M
—
—
—
Total Equity
¥8.6B
¥8.2B
¥7.9B
¥7.5B
¥9.0B
Capital Stock
¥1.9B
¥1.9B
¥1.9B
¥1.9B
¥1.9B
Capital Surplus
¥1.5B
¥1.5B
¥1.5B
¥1.5B
¥1.5B
Retained Earnings
¥5.2B
¥4.8B
¥4.5B
¥4.1B
¥5.6B
Treasury Stock
¥-2M
¥-2M
¥0M
¥0M
¥0M
AOCI
¥-24M
¥0M
¥0M
¥0M
¥0M
Equity (owners)
¥8.6B
¥8.2B
¥7.9B
¥7.5B
¥9.0B
Total Interest-Bearing Debt ⓘ
¥12.0B
¥11.9B
¥2.5B
¥2.0B
¥1.8B
Net Cash ⓘ
¥-7.4B
¥-7.6B
¥471M
¥1.1B
¥1.1B
NCAV ⓘ
¥-13.2B
¥-13.4B
¥-3.6B
¥-2.8B
¥-940M
NCAV/Share
¥-587
¥-595
¥-160
¥-126
¥-42
BV/Share
¥383
¥364
¥350
¥335
¥403
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥2.4B
¥2.0B
¥1.3B
¥1.4B
¥1.4B
Interest Paid
¥-179M
¥-99M
¥-27M
¥-24M
¥-24M
Interest Received
¥3M
¥1M
¥0M
¥0M
¥0M
D&A
¥1.1B
¥912M
¥625M
¥566M
¥553M
Goodwill Amort.
¥402M
¥302M
—
—
—
Investing CF
¥-1.8B
¥-9.4B
¥-1.4B
¥-906M
¥-688M
CapEx
¥1.3B
¥1.1B
¥1.2B
¥885M
¥615M
Financing CF
¥-383M
¥8.8B
¥-2M
¥-237M
¥-879M
Dividends Paid
¥-449M
¥-450M
¥-448M
¥-447M
¥-448M
LT Debt Repaid
¥-1.0B
¥-2.1B
¥-501M
¥-458M
¥-467M
Free Cash Flow
¥1.1B
¥947M
¥43M
¥468M
¥755M
Net Change in Cash
¥212M
¥1.3B
¥-139M
¥213M
¥-196M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.6%
9.4%
10.3%
6.9%
6.0%
ROA
3.2%
3.5%
5.3%
4.1%
4.0%
EPS
¥39.62
¥33.44
¥35.14
¥25.37
¥24.21
DPS
¥20.00
¥20.00
¥20.00
¥20.00
¥20.00
BPS
¥382.32
¥363.75
¥350.26
¥334.80
¥402.73
FCF/Share
¥48
¥42
¥2
¥21
¥34
NCAV/Share
¥-587
¥-595
¥-160
¥-126
¥-42
Payout Ratio
50.5%
59.8%
56.9%
78.8%
82.6%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 2
Date Activist Stake Event Flag Demands Source
2025-09-05
RHEOS CAPITAL WORKS Inc.
3.82%
-2.36%
change
Passive
—
2025-06-20
RHEOS CAPITAL WORKS Inc.
6.18%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 3
#
Shareholder
Shares (thou.)
% of Total
1
株式会社夢現
7,792,000
34.62%
2
冨安 徳久
1,016,600
4.51%
3
ティア社員持株会
480,200
2.13%
4
深谷 志郎
264,000
1.17%
5
UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT (常任代理人 シティバンク、エヌ・エイ 東京支店)
242,800
1.07%
6
株式会社SBI証券
219,273
0.97%
7
BNP PARIBAS NEW YORK BRANCH - PRIME BROKERAGE CLEARANCE ACCOUNT (常任代理人 香港上海銀行東京支店)
194,400
0.86%
8
小川 宗則
190,200
0.84%
9
花重美装株式会社
183,200
0.81%
10
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) (常任代理人 株式会社三菱UFJ銀行)
145,188
0.64%
Domestic Nominees
0.0%
-8.5% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
47.6%
+3.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社夢現
34.63%
34.62%
34.62%
冨安 徳久
4.40%
4.46%
4.51%
+0.05%
ティア社員持株会
2.00%
2.03%
2.13%
+0.10%
深谷 志郎
1.17%
1.17%
1.17%
UBS
NEW ENTRY
—
—
—
1.07%
NEW
式会社SBI証券
NEW ENTRY
—
—
—
0.97%
NEW
BNP PARIBAS NEW YORK BRANCH - PRIME BROKERAGE CLEARANCE ACCOUNT
NEW ENTRY
—
—
—
0.86%
NEW
小川 宗則
NEW ENTRY
—
—
—
0.84%
NEW
花重美装
0.81%
0.81%
0.81%
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)
NEW ENTRY
—
—
—
0.64%
NEW
日本カストディ銀行
last seen 2024
Exited Top 10
8.07%
6.88%
—
日本マスタートラスト信託銀行
last seen 2024
Exited Top 10
3.73%
1.58%
—
中部印刷
last seen 2024
Exited Top 10
0.54%
0.54%
—
中部ビル開発
last seen 2024
Exited Top 10
0.49%
0.49%
—
菊池 政一
last seen 2024
Exited Top 10
—
0.40%
—
JPモルガン証券
last seen 2023
Exited Top 10
0.54%
—
—
Concentration (HHI)
ⓘ
1304
1275
1229
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥0M
Holdings
3
Trend
Stable
vs 2023
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding