7544
Three F Co., Ltd.
株式会社スリーエフ
Retail Trade
Three F Co.,Ltd. manages and operates convenience, franchise, and managed stores in Japan. The company offers yakitori, lunch boxes, sushi, side dishes, and mochiponyo through its stores. It has store operations in Tokyo, Kanagawa, Chiba, and Saitama. The company was founded in 1979 and is headquartered in Yokohama, Japan.
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Overview
Filings & Signals
Ownership
Financials
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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
¥4.6B
¥3.9B
¥4.1B
¥4.0B
¥3.4B
Cost of Sales
¥3.4B
¥2.8B
¥3.0B
¥3.0B
¥2.6B
Gross Profit
¥1.2B
¥1.0B
¥1.1B
¥999M
¥796M
SG&A
¥10.3B
¥10.1B
¥9.9B
¥10.0B
¥9.5B
Operating Income
¥1.4B
¥997M
¥909M
¥152M
¥199M
Non-Operating Income
¥13M
¥5M
¥5M
¥4M
¥51M
Dividend Income
¥0M
¥0M
¥0M
¥0M
¥0M
Interest Income
¥12M
¥5M
¥4M
¥4M
¥5M
Ordinary Income
¥1.4B
¥1.0B
¥914M
¥157M
¥251M
Pre-tax Income
¥1.4B
¥1.0B
¥914M
¥68M
¥225M
Income Taxes
¥538M
¥366M
¥375M
¥123M
¥149M
Current Tax
¥568M
¥382M
¥381M
¥122M
¥63M
Deferred Tax
¥-30M
¥-16M
¥-5M
¥1M
¥86M
Net Income (owners)
¥382M
¥289M
¥217M
¥-164M
¥-84M
Minority Interest
¥507M
¥385M
¥321M
¥108M
¥160M
Comprehensive Income
¥888M
¥672M
¥541M
¥-55M
¥75M
EBITDA
¥1.4B
¥1.0B
¥931M
¥212M
¥263M
EPS
¥50.45
¥38.24
¥28.70
¥-21.68
¥-11.15
Shares Outstanding
7.6M
7.6M
7.6M
7.6M
7.6M
Shares Issued (total)
7.7M
7.7M
7.7M
7.7M
7.7M
Treasury Shares
0.1M
0.1M
0.1M
0.1M
0.1M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
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Total Assets
¥5.8B
¥5.1B
¥5.0B
¥4.3B
¥4.9B
Current Assets
¥5.1B
¥4.5B
¥4.4B
¥3.7B
¥4.1B
Cash & Deposits
¥4.8B
¥4.2B
¥4.1B
¥3.4B
¥3.8B
Inventories
¥123M
¥92M
¥99M
¥108M
¥100M
Non-Current Assets
¥644M
¥628M
¥579M
¥633M
¥792M
PP&E
¥357M
¥358M
¥319M
¥341M
¥492M
Intangible Assets
—
—
—
—
¥0M
Investment Securities
¥38M
¥38M
¥41M
¥38M
¥39M
Deferred Tax Assets
¥74M
¥52M
¥36M
¥30M
¥32M
Total Liabilities
¥905M
¥673M
¥823M
¥539M
¥536M
Current Liabilities
¥874M
¥642M
¥790M
¥503M
¥496M
Taxes Payable
¥370M
¥192M
¥322M
¥89M
¥66M
Non-Current Liabilities
¥31M
¥31M
¥32M
¥36M
¥39M
Total Equity
¥4.9B
¥4.4B
¥4.2B
¥3.8B
¥4.3B
Capital Stock
¥100M
¥100M
¥100M
¥100M
¥100M
Capital Surplus
¥5.8B
¥5.8B
¥5.8B
¥5.8B
¥5.8B
Retained Earnings
¥-1.7B
¥-2.0B
¥-2.2B
¥-2.3B
¥-2.1B
Treasury Stock
¥-86M
¥-86M
¥-86M
¥-86M
¥-86M
AOCI
¥5M
¥6M
¥8M
¥6M
¥6M
Equity (owners)
¥4.1B
¥3.8B
¥3.6B
¥3.5B
¥3.7B
Minority Interests
¥712M
¥589M
¥526M
¥313M
¥613M
Net Cash ⓘ
¥4.8B
¥4.2B
¥4.1B
¥3.4B
¥3.8B
NCAV ⓘ
¥4.2B
¥3.8B
¥3.6B
¥3.2B
¥3.6B
NCAV/Share
¥556
¥503
¥473
¥419
¥469
BV/Share
¥546
¥507
¥479
¥460
¥492
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
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Operating CF
¥1.1B
¥519M
¥818M
¥38M
¥331M
Interest Received
¥13M
¥5M
¥5M
¥4M
¥5M
D&A
¥10M
¥8M
¥22M
¥60M
¥64M
Investing CF
¥-3M
¥-40M
¥35M
¥11M
¥22M
CapEx
¥8M
¥46M
—
—
¥8M
Financing CF
¥-475M
¥-397M
¥-185M
¥-483M
¥-269M
Dividends Paid
¥-90M
¥-75M
¥-76M
¥-74M
¥-75M
Free Cash Flow
¥1.1B
¥473M
¥818M
¥38M
¥323M
Net Change in Cash
¥611M
¥81M
¥668M
¥-433M
¥84M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
9.6%
7.7%
6.1%
-4.5%
-2.2%
ROA
7.0%
5.7%
4.6%
-3.6%
-1.7%
EPS
¥50.45
¥38.24
¥28.70
¥-21.68
¥-11.15
DPS
¥18.00
¥10.00
¥10.00
¥10.00
¥10.00
BPS
¥546.69
¥508.31
¥480.32
¥461.38
¥493.10
FCF/Share
¥143
¥62
¥108
¥5
¥43
NCAV/Share
¥556
¥503
¥473
¥419
¥469
Payout Ratio
35.7%
26.2%
34.8%
—
—
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 6
Date Activist Stake Event Flag Demands Source
2025-09-29
Hikari Tsushin K.K.
10.48%
change
Passive
—
2025-09-17
Hikari Tsushin K.K.
10.48%
+1.0%
change
Passive
—
2025-07-18
Hikari Tsushin K.K.
9.48%
+2.07%
change
Passive
—
2025-06-11
Hikari Tsushin K.K.
7.41%
+1.04%
change
Passive
—
2025-05-12
Hikari Tsushin K.K.
6.37%
+1.36%
change
Passive
—
2025-04-28
Hikari Tsushin K.K.
5.01%
initial_5pct
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 1
#
Shareholder
Shares (thou.)
% of Total
1
㈱JMK瑞穂
2,702
35.68%
2
光通信KK投資事業有限責任組合
494
6.53%
3
菊池 淳司
486
6.42%
4
中居 京子
317
4.19%
5
宇佐見 瑞枝
264
3.49%
6
UH Partners 2投資事業有限責任組合
262
3.47%
7
上田八木短資㈱
226
2.99%
8
野村證券㈱
150
1.98%
9
小沼 滋紀
142
1.88%
10
中居 勝利
112
1.48%
Domestic Nominees
0.0%
+0.0% vs 2025
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2025
Sub-custodians for foreign asset managers
Direct / Strategic
68.1%
+2.9% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
2026
㈱JMK瑞穂
35.68%
35.68%
35.68%
35.68%
光通信KK投資事業有限責任組合
NEW ENTRY
—
—
—
—
6.53%
NEW
菊池 淳司
5.36%
6.42%
6.42%
6.42%
中居 京子
4.19%
4.19%
4.19%
4.19%
宇佐見 瑞枝
3.49%
3.49%
3.49%
3.49%
UH Partners 2投資事業有限責任組合
NEW ENTRY
—
—
—
—
3.47%
NEW
上田八木短資
NEW ENTRY
—
—
—
—
2.99%
NEW
野村證券
NEW ENTRY
—
1.24%
—
1.98%
NEW
小沼 滋紀
NEW ENTRY
1.23%
—
—
1.88%
NEW
中居 勝利
1.48%
1.48%
1.48%
1.48%
Lawson,Inc.
㈱ローソン
last seen 2025
Exited Top 10
4.77%
4.77%
4.77%
—
光通信
last seen 2025
Exited Top 10
—
—
3.33%
—
松井証券
last seen 2025
Exited Top 10
—
—
2.76%
—
金室 貴久
last seen 2025
Exited Top 10
—
1.89%
1.62%
—
山本 知宏
last seen 2025
Exited Top 10
3.05%
2.79%
1.45%
—
Interactive Brokers
last seen 2024
Exited Top 10
1.17%
1.14%
—
—
菊池 瑞穂
last seen 2023
Exited Top 10
1.06%
—
—
—
Concentration (HHI)
ⓘ
1370
1383
1392
1417
4 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥38M
+0% since 2023
Holdings
1
Trend
Stable
vs 2023
Held Company
FY2025
¥38M total
FY2023
¥38M total
Book Val ¥M
Shares
Book Val ¥M
Shares
NittoBest Corporation
日東ベスト㈱
38
50,000
38
50,000
M
Portfolio total
38
38
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding