6775
TB GROUP INC.
株式会社TBグループ
Electric Appliances
TB Group Inc. engages in LED lighting and ECO, digital signage, electronic money, and store automation businesses in Japan. It offers LED display boards, digital signage, cash registers, point of sales systems, and peripherals, self-checkout system, and other products. The company was formerly known as Towa Meccs Corp. and changed its name to TB Group Inc. in October 2011. TB Group Inc. was incorporated in 1946 and is headquartered in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥2.5B
¥2.3B
¥2.3B
¥2.3B
¥2.4B
Cost of Sales
¥1.1B
¥993M
¥966M
¥1.1B
¥1.1B
Gross Profit
¥1.4B
¥1.3B
¥1.3B
¥1.3B
¥1.3B
SG&A
¥1.5B
¥1.5B
¥1.6B
¥1.5B
¥1.6B
Operating Income
¥-83M
¥-196M
¥-223M
¥-262M
¥-280M
Non-Operating Income
¥17M
¥20M
¥13M
¥32M
¥90M
Dividend Income
—
¥0M
¥0M
¥0M
¥0M
Interest Income
—
¥0M
¥0M
¥0M
¥0M
Non-Operating Expenses
—
¥10M
¥21M
¥14M
¥13M
Interest Expense
—
¥6M
¥4M
¥3M
¥2M
Ordinary Income
¥-82M
¥-187M
¥-230M
¥-243M
¥-204M
Pre-tax Income
¥-185M
¥-182M
¥-236M
¥-238M
¥-204M
Income Taxes
¥10M
¥12M
¥10M
¥8M
¥12M
Current Tax
—
¥12M
¥10M
¥8M
¥12M
Net Income (owners)
¥-195M
¥-193M
¥-244M
¥-245M
¥-217M
Minority Interest
—
¥-1M
¥-2M
¥-0M
¥1M
Comprehensive Income
—
¥-194M
¥-246M
¥-245M
¥-217M
EBITDA
¥-61M
¥-166M
¥-181M
¥-224M
¥-238M
Goodwill Amort. (J-GAAP)
—
—
—
—
¥0M
EPS
¥-14.03
¥-14.15
¥-17.89
¥-22.94
¥-21.85
Shares Outstanding
—
14.0M
14.0M
13.0M
10.5M
Shares Issued (total)
—
14.0M
14.0M
13.1M
10.5M
Treasury Shares
—
0.0M
0.0M
0.0M
0.0M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥1.4B
¥1.6B
¥1.6B
¥1.7B
¥1.6B
Current Assets
¥1.1B
¥1.1B
¥1.2B
¥1.3B
¥1.1B
Cash & Deposits
¥263M
¥257M
¥326M
¥486M
¥440M
Trade Receivables
—
¥301M
¥218M
¥204M
¥174M
Non-Current Assets
¥250M
¥416M
¥407M
¥423M
¥441M
PP&E
¥65M
¥93M
¥98M
¥114M
¥131M
Intangible Assets
—
¥22M
¥24M
¥20M
¥14M
Investment Securities
¥91M
¥232M
¥219M
¥212M
¥223M
Total Liabilities
¥900M
¥958M
¥772M
¥770M
¥753M
Current Liabilities
¥619M
¥635M
¥440M
¥402M
¥394M
Accounts Payable
—
¥85M
¥125M
¥110M
¥123M
ST Debt
¥261M
¥332M
¥134M
¥109M
¥113M
Taxes Payable
—
¥17M
¥15M
¥14M
¥11M
Non-Current Liabilities
¥281M
¥322M
¥332M
¥368M
¥359M
Total LT Borrowings
¥172M
¥214M
¥223M
¥249M
¥232M
Pension Obligations
—
¥76M
¥70M
¥76M
¥71M
Deferred Tax Liab.
—
¥0M
¥0M
¥0M
¥0M
Total Equity
¥480M
¥605M
¥799M
¥906M
¥807M
Capital Stock
—
¥1.1B
¥1.1B
¥988M
¥807M
Capital Surplus
—
¥625M
¥625M
¥555M
¥374M
Retained Earnings
¥-1.2B
¥-1.0B
¥-825M
¥-580M
¥-335M
Treasury Stock
—
¥-59M
¥-59M
¥-59M
¥-44M
AOCI
—
¥-1M
¥-1M
¥-2M
¥-2M
Equity (owners)
¥477M
¥606M
¥799M
¥904M
¥801M
Minority Interests
—
—
¥1M
¥2M
¥2M
Total Interest-Bearing Debt ⓘ
¥433M
¥546M
¥358M
¥359M
¥345M
Net Cash ⓘ
¥-170M
¥-290M
¥-32M
¥127M
¥95M
NCAV ⓘ
¥230M
¥189M
¥392M
¥484M
¥366M
NCAV/Share
—
¥14
¥28
¥37
¥35
BV/Share
—
¥43
¥57
¥69
¥76
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥8M
¥-240M
¥-271M
¥-299M
¥-291M
Taxes Paid
—
¥-15M
¥-9M
¥-10M
¥-16M
Interest Paid
—
¥-7M
¥-4M
¥-3M
¥-2M
Interest Received
—
¥0M
¥0M
¥0M
¥0M
D&A
¥22M
¥31M
¥42M
¥38M
¥42M
Goodwill Amort.
—
—
—
—
¥0M
Investing CF
¥115M
¥-17M
¥-26M
¥-26M
¥-11M
CapEx
¥14M
¥13M
¥23M
¥17M
¥8M
Proceeds from Invest.
—
¥2M
—
—
—
Financing CF
¥-115M
¥188M
¥136M
¥370M
¥343M
Share Buybacks
—
¥-0M
¥-0M
—
¥-0M
LT Debt Repaid
—
¥-59M
¥-11M
¥-15M
¥-13M
Free Cash Flow
¥-6M
¥-253M
¥-294M
¥-316M
¥-300M
Net Change in Cash
—
¥-69M
¥-160M
¥48M
¥44M
Metric
FY 2025
TDnet
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-36.0%
-27.6%
-28.7%
-28.8%
-26.4%
ROA
-13.3%
-12.4%
-15.0%
-15.2%
-13.9%
EPS
¥-14.03
¥-14.15
¥-17.89
¥-22.94
¥-21.85
DPS
¥0.00
—
—
—
—
BPS
¥34.31
¥44.20
¥58.35
¥70.78
¥77.56
FCF/Share
—
¥-18
¥-21
¥-24
¥-29
NCAV/Share
—
¥14
¥28
¥37
¥35
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 7
Date Activist Stake Event Flag Demands Source
2025-09-04
bigsons inc
6.7%
-8.87%
correction
Passive
—
2025-08-29
bigsons inc
15.57%
+8.87%
change
Passive
—
2025-08-29
Hospital Net Inc
5.89%
-8.44%
change
Passive
—
2025-08-22
bigsons inc
6.7%
-0.72%
correction
Passive
—
2025-08-22
Hospital Net Inc
14.33%
-1.53%
correction
Passive
—
2025-08-08
bigsons inc
7.42%
change
Passive
—
2025-08-07
Hospital Net Inc
15.86%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
株式会社ホスピタルネット
2,005
14.34%
2
INTERACTIVE BROKERS LLC (常任代理人 インタラクティブ・ブローカーズ証券株式会社)
801
5.74%
3
株式会社ビッグサンズ
705
5.05%
4
村上 栄
340
2.43%
5
村田 三郎
292
2.10%
6
JPモルガン証券株式会社
281
2.01%
7
東京短資株式会社
238
1.71%
8
株式会社SBI証券
217
1.55%
9
北浜IRファンド第3号投資事業 有限責任組合
200
1.43%
10
北浜IRファンド第1号投資事業 有限責任組合
150
1.07%
Domestic Nominees
0.0%
-1.7% 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
37.4%
+5.0% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
式会社ホスピタルネット
15.37%
14.34%
14.34%
Interactive Brokers
NEW ENTRY
—
—
—
5.74%
NEW
式会社ビッグサンズ
5.41%
5.05%
5.05%
村上 栄
NEW ENTRY
—
—
—
2.43%
NEW
村田 三郎
2.04%
1.98%
2.10%
+0.12%
JPモルガン証券
—
2.19%
2.01%
-0.18%
東京短資
—
2.86%
1.71%
-1.15%
式会社SBI証券
NEW ENTRY
1.69%
—
1.55%
NEW
北浜IRファンド第3号投資事業 有限責任組合
1.46%
1.42%
1.43%
+0.01%
北浜IRファンド第1号投資事業 有限責任組合
NEW ENTRY
—
—
—
1.07%
NEW
GEN
式会社GEN
last seen 2024
Exited Top 10
—
2.15%
—
日本カストディ銀行
last seen 2024
Exited Top 10
1.79%
1.67%
—
安藤 弘一
last seen 2024
Exited Top 10
—
1.36%
—
Japan Securities Finance Co.,Ltd.
日本証券金融
last seen 2024
Exited Top 10
—
1.10%
—
式会社コア
last seen 2023
Exited Top 10
2.07%
—
—
プログレシブ・インテリジェンス 2号投資事業有限責任組合
last seen 2023
Exited Top 10
2.00%
—
—
GMOクリック証券
last seen 2023
Exited Top 10
3.64%
—
—
楽天証券
last seen 2023
Exited Top 10
5.12%
—
—
Concentration (HHI)
ⓘ
326
261
287
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥4M
-14% since 2023
Holdings
1
Trend
1 unwinding
vs 2023
Held Company
FY2025
¥4M total
FY2023
¥4M total
Book Val ¥M
Shares
Book Val ¥M
Shares
MK SEIKO CO., LTD.
エムケー精工㈱
4
-33.6%
↓
7,900
4
11,900
M
Portfolio total
4
4
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding