8198
Maxvalu Tokai Co., Ltd.
マックスバリュ東海株式会社
Retail Trade
Maxvalu Tokai Co.,Ltd. operates and manages a chain of supermarkets in Japan. The company's supermarkets mainly offer food products. It also operates online supermarkets. The company was formerly known as K.K. Wada Shoji and changed its name to Maxvalu Tokai Co.,Ltd. in 2002. Maxvalu Tokai Co.,Ltd. was incorporated in 1948 and is headquartered in Hamamatsu, Japan. Maxvalu Tokai Co.,Ltd. is a subsidiary of Aeon Co., Ltd.
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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
¥377.0B
¥369.6B
¥359.0B
¥343.6B
¥348.6B
Cost of Sales
¥275.4B
¥268.6B
¥260.3B
¥250.8B
¥253.1B
Gross Profit
¥101.6B
¥100.9B
¥98.7B
¥92.7B
¥95.5B
SG&A
¥96.0B
¥94.7B
¥93.0B
¥90.0B
¥90.5B
Operating Income
¥13.6B
¥14.1B
¥13.5B
¥10.3B
¥11.3B
Non-Operating Income
¥465M
¥339M
¥218M
¥252M
¥347M
Dividend Income
¥24M
¥16M
¥15M
¥13M
¥20M
Interest Income
¥254M
¥99M
¥38M
¥43M
¥56M
Non-Operating Expenses
¥251M
¥317M
¥184M
¥268M
¥415M
Interest Expense
¥170M
¥189M
¥157M
¥235M
¥247M
Ordinary Income
¥13.8B
¥14.1B
¥13.5B
¥10.3B
¥11.2B
Pre-tax Income
¥13.0B
¥13.3B
¥12.6B
¥9.4B
¥10.1B
Income Taxes
¥2.7B
¥3.9B
¥4.3B
¥3.3B
¥2.6B
Current Tax
¥2.9B
¥3.3B
¥5.0B
¥2.2B
¥3.3B
Deferred Tax
¥-207M
¥595M
¥-749M
¥1.0B
¥-703M
Net Income (owners)
¥10.2B
¥9.4B
¥8.3B
¥6.2B
¥7.6B
Minority Interest
¥7M
—
—
¥-1M
¥-110M
Comprehensive Income
¥11.0B
¥9.7B
¥8.6B
¥6.2B
¥7.6B
EBITDA
¥19.1B
¥19.2B
¥18.1B
¥15.2B
¥16.1B
EPS
¥321.49
¥294.51
¥261.06
¥193.82
¥210.53
Shares Outstanding
31.9M
31.9M
31.9M
31.8M
31.8M
Shares Issued (total)
32.0M
32.0M
32.0M
32.0M
32.0M
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
EDINET ↗
Total Assets
¥152.4B
¥135.4B
¥133.2B
¥119.4B
¥117.2B
Current Assets
¥74.0B
¥58.7B
¥61.2B
¥50.1B
¥47.5B
Cash & Deposits
¥12.9B
¥9.5B
¥12.4B
¥13.2B
¥14.2B
Trade Receivables
¥500M
¥317M
¥280M
¥413M
¥305M
Inventories
¥10.6B
¥10.5B
¥9.8B
¥9.2B
¥8.7B
Non-Current Assets
¥78.5B
¥76.7B
¥72.1B
¥69.3B
¥69.7B
PP&E
¥62.3B
¥61.7B
¥56.9B
¥55.1B
¥54.1B
Goodwill
¥25M
¥43M
¥85M
¥150M
¥218M
Intangible Assets
¥109M
¥149M
¥212M
¥266M
¥346M
Investment Securities
¥1.4B
¥679M
¥636M
¥485M
¥477M
Deferred Tax Assets
¥4.7B
¥4.8B
¥5.6B
¥5.0B
¥6.0B
Total Liabilities
¥55.4B
¥47.0B
¥52.6B
¥45.6B
¥47.8B
Current Liabilities
¥46.5B
¥37.9B
¥43.8B
¥36.3B
¥38.0B
Taxes Payable
¥1.6B
¥1.1B
¥4.3B
¥966M
¥1.4B
Non-Current Liabilities
¥8.8B
¥9.0B
¥8.9B
¥9.3B
¥9.8B
Pension Obligations
—
—
—
¥115M
¥291M
Total Equity
¥97.1B
¥88.4B
¥80.6B
¥73.8B
¥69.4B
Capital Stock
¥2.3B
¥2.3B
¥2.3B
¥2.3B
¥2.3B
Capital Surplus
¥11.3B
¥11.3B
¥11.3B
¥11.3B
¥11.3B
Retained Earnings
¥82.7B
¥74.8B
¥67.3B
¥60.8B
¥56.5B
Treasury Stock
¥-208M
¥-224M
¥-276M
¥-326M
¥-349M
AOCI
¥1.0B
¥263M
¥-90M
¥-406M
¥-419M
Equity (owners)
¥96.0B
¥88.2B
¥80.6B
¥74.1B
¥69.7B
Minority Interests
—
—
—
—
¥35M
Net Cash ⓘ
¥12.9B
¥9.5B
¥12.4B
¥13.2B
¥14.2B
NCAV ⓘ
¥18.6B
¥11.7B
¥8.5B
¥4.5B
¥-268M
NCAV/Share
¥583
¥367
¥268
¥140
¥-8
BV/Share
¥3,012
¥2,766
¥2,531
¥2,328
¥2,191
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥19.7B
¥9.8B
¥18.2B
¥10.5B
¥6.4B
Interest Paid
¥-170M
¥-189M
¥-155M
¥-197M
¥-244M
Interest Received
¥244M
¥86M
¥45M
¥51M
¥70M
D&A
¥5.5B
¥5.1B
¥4.7B
¥4.9B
¥4.8B
Investing CF
¥-6.7B
¥-10.9B
¥-6.5B
¥-7.1B
¥-5.4B
CapEx
¥6.5B
¥10.4B
¥6.3B
¥7.1B
¥5.3B
Financing CF
¥-2.7B
¥-2.2B
¥-2.1B
¥-2.2B
¥-12.9B
Dividends Paid
¥-2.4B
¥-1.9B
¥-1.8B
¥-1.8B
¥-1.8B
Share Buybacks
—
—
—
—
¥-10.8B
Free Cash Flow
¥13.2B
¥-689M
¥11.9B
¥3.4B
¥1.0B
Net Change in Cash
¥10.4B
¥-3.3B
¥9.6B
¥1.3B
¥-11.8B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
11.1%
11.1%
10.8%
8.6%
10.6%
ROA
7.1%
7.0%
6.6%
5.2%
6.5%
EPS
¥321.49
¥294.51
¥261.06
¥193.82
¥210.53
DPS
¥85.00
¥75.00
¥60.00
¥57.00
¥57.00
BPS
¥3,043.33
¥2,774.07
¥2,528.66
¥2,315.12
¥2,178.12
FCF/Share
¥413
¥-22
¥374
¥108
¥32
NCAV/Share
¥583
¥367
¥268
¥140
¥-8
Payout Ratio
26.4%
25.5%
23.0%
29.4%
27.1%
No filings or capital allocation signals recorded for this company.
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
#
Shareholder
Shares (thou.)
% of Total
1
イオン株式会社
20,363
63.86%
2
マックスバリュ東海従業員持株会
544
1.71%
3
株式会社百五銀行
390
1.23%
4
株式会社三十三銀行
384
1.21%
5
三菱食品株式会社
360
1.13%
6
株式会社ウメモト
200
0.63%
7
竹内 晶子
183
0.57%
8
加藤産業株式会社
182
0.57%
9
State Street Bank and Trust Company
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
147
0.46%
10
サントリー株式会社
118
0.37%
Domestic Nominees
0.0%
+0.0% vs 2025
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.5%
+0.1% vs 2025
Sub-custodians for foreign asset managers
Direct / Strategic
71.3%
-0.4% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
2026
イオン
63.96%
63.92%
63.88%
63.86%
-0.02%
マックスバリュ東海従業員持株会
1.91%
1.73%
1.72%
1.71%
-0.01%
式会社百五銀行
1.23%
1.23%
1.23%
1.23%
式会社三十三銀行
1.21%
1.21%
1.21%
1.21%
三菱食品
1.13%
1.13%
1.13%
1.13%
式会社ウメモト
0.90%
0.90%
0.90%
0.63%
-0.27%
竹内 晶子
0.59%
0.58%
0.58%
0.57%
-0.01%
加藤産業
0.57%
0.57%
0.57%
0.57%
State Street
—
—
0.38%
0.46%
+0.08%
サントリー
NEW ENTRY
0.37%
—
—
0.37%
NEW
JPモルガン証券
last seen 2025
Exited Top 10
—
0.41%
0.43%
—
日本カストディ銀行
last seen 2024
Exited Top 10
0.71%
0.71%
—
—
Concentration (HHI)
ⓘ
4101
4095
4090
4087
4 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,271M
+170% since 2024
Holdings
2
Trend
Stable
vs 2024
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding