8217
OKUWA CO., LTD.
株式会社オークワ
Retail Trade
Okuwa Co., Ltd. operates and manages stores in Japan. Its stores offer food, alcoholic beverages, rice, household goods, home furnishings, interior decoration, DIY, leisure goods, sports goods, home appliances, cosmetics, pharmaceuticals, and clothing products. The company also operates in online shopping business. Okuwa Co., Ltd. was founded in 1938 and is based in Wakayama, Japan.
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← Companies
⚠ TSE Capital Mandate
P / Book
0.43×
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
¥239.5B
¥237.5B
¥235.0B
¥234.7B
¥256.0B
Cost of Sales
¥173.1B
¥172.1B
¥169.3B
¥168.3B
¥184.8B
Gross Profit
¥66.4B
¥65.4B
¥65.8B
¥66.4B
¥71.2B
SG&A
¥77.7B
¥76.7B
¥75.2B
¥75.6B
¥76.5B
Operating Income
¥1.9B
¥1.3B
¥2.9B
¥2.9B
¥5.2B
Non-Operating Income
¥308M
¥281M
¥329M
¥315M
¥333M
Dividend Income
¥106M
¥81M
¥67M
¥72M
¥51M
Interest Income
¥19M
¥9M
¥1M
¥1M
¥1M
Non-Operating Expenses
¥213M
¥167M
¥120M
¥93M
¥102M
Interest Expense
¥189M
¥113M
¥85M
¥68M
¥63M
Ordinary Income
¥2.0B
¥1.4B
¥3.1B
¥3.1B
¥5.5B
Pre-tax Income
¥780M
¥-2.5B
¥1.8B
¥1.1B
¥3.1B
Income Taxes
¥496M
¥-161M
¥781M
¥168M
¥1.5B
Current Tax
¥536M
¥349M
¥547M
¥686M
¥1.0B
Deferred Tax
¥-39M
¥-510M
¥233M
¥-517M
¥472M
Net Income (owners)
¥264M
¥-2.4B
¥1.0B
¥928M
¥1.5B
Minority Interest
¥19M
¥15M
¥23M
¥22M
¥33M
Comprehensive Income
¥2.2B
¥-1.0B
¥1.9B
¥819M
¥1.6B
EBITDA
¥8.3B
¥8.2B
¥9.7B
¥9.7B
¥11.7B
EPS
¥6.44
¥-55.89
¥22.79
¥21.18
¥34.74
Shares Outstanding
40.7M
41.7M
43.9M
43.9M
43.9M
Shares Issued (total)
41.9M
41.9M
45.2M
45.2M
45.2M
Treasury Shares
1.3M
0.2M
1.3M
1.4M
1.4M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥129.2B
¥128.6B
¥132.5B
¥132.5B
¥133.5B
Current Assets
¥30.6B
¥30.4B
¥34.5B
¥33.9B
¥33.4B
Cash & Deposits
¥11.4B
¥11.5B
¥16.6B
¥15.8B
¥17.0B
Trade Receivables
¥7.0B
¥6.7B
¥6.2B
¥6.3B
—
Non-Current Assets
¥98.6B
¥98.3B
¥98.0B
¥98.6B
¥100.1B
PP&E
¥77.8B
¥79.5B
¥80.5B
¥82.1B
¥83.7B
Intangible Assets
¥3.7B
¥3.7B
¥4.1B
¥3.7B
¥3.9B
Investment Securities
¥3.8B
¥2.8B
¥2.6B
¥2.5B
¥2.4B
Deferred Tax Assets
¥811M
¥1.7B
¥1.8B
¥2.4B
¥1.8B
Total Liabilities
¥54.6B
¥54.1B
¥53.8B
¥54.6B
¥55.3B
Current Liabilities
¥36.0B
¥35.2B
¥36.3B
¥39.0B
¥38.8B
Accounts Payable
¥13.0B
¥13.3B
¥12.9B
¥12.7B
¥13.2B
ST Debt
¥9.4B
¥8.5B
¥9.2B
¥10.8B
¥9.2B
Taxes Payable
¥596M
¥285M
¥481M
¥373M
¥358M
Non-Current Liabilities
¥18.6B
¥18.9B
¥17.5B
¥15.6B
¥16.6B
Total LT Borrowings
¥12.4B
¥13.0B
¥11.6B
¥9.2B
¥9.3B
Pension Obligations
¥34M
¥32M
¥72M
¥73M
¥73M
Deferred Tax Liab.
¥1M
—
¥3M
¥2M
¥9M
Total Equity
¥74.6B
¥74.5B
¥78.7B
¥77.9B
¥78.2B
Capital Stock
¥14.1B
¥14.1B
¥14.1B
¥14.1B
¥14.1B
Capital Surplus
¥14.0B
¥14.0B
¥15.0B
¥15.0B
¥15.0B
Retained Earnings
¥43.6B
¥44.5B
¥50.4B
¥50.5B
¥50.7B
Treasury Stock
¥-1.2B
¥-199M
¥-1.6B
¥-1.6B
¥-1.7B
AOCI
¥3.7B
¥1.8B
¥467M
¥-387M
¥-255M
Equity (owners)
¥70.5B
¥72.4B
¥77.9B
¥78.0B
¥78.1B
Minority Interests
¥319M
¥302M
¥289M
¥267M
¥249M
Total Interest-Bearing Debt ⓘ
¥21.8B
¥21.5B
¥20.8B
¥20.0B
¥18.5B
Net Cash ⓘ
¥-10.4B
¥-9.9B
¥-4.3B
¥-4.2B
¥-1.5B
NCAV ⓘ
¥-23.9B
¥-23.7B
¥-19.3B
¥-20.7B
¥-21.9B
NCAV/Share
¥-588
¥-569
¥-440
¥-472
¥-500
BV/Share
¥1,734
¥1,734
¥1,774
¥1,778
¥1,782
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥7.6B
¥6.6B
¥9.7B
¥5.9B
¥8.6B
Interest Paid
¥-189M
¥-109M
¥-86M
¥-72M
¥-64M
Interest Received
¥126M
¥91M
¥69M
¥219M
¥55M
D&A
¥6.4B
¥6.8B
¥6.8B
¥6.8B
¥6.5B
Investing CF
¥-5.8B
¥-8.7B
¥-7.9B
¥-6.7B
¥-7.0B
Purchase Investments
—
—
—
¥-100M
—
Proceeds from Invest.
¥223M
¥275M
—
¥2M
—
Financing CF
¥-2.0B
¥-2.9B
¥-954M
¥-535M
¥-3.1B
Dividends Paid
¥-1.1B
¥-1.1B
¥-1.1B
¥-1.1B
¥-1.1B
Share Buybacks
¥-1.0B
¥-2.0B
¥0M
¥0M
¥0M
LT Debt Repaid
¥-3.7B
¥-4.4B
¥-6.1B
¥-4.2B
¥-4.3B
Free Cash Flow
¥7.6B
¥6.6B
¥9.7B
¥5.9B
¥8.6B
Net Change in Cash
¥-153M
¥-5.0B
¥796M
¥-1.3B
¥-1.6B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
0.4%
-3.1%
1.3%
1.2%
2.0%
ROA
0.2%
-1.8%
0.8%
0.7%
1.1%
EPS
¥6.44
¥-55.89
¥22.79
¥21.18
¥34.74
DPS
¥26.00
¥26.00
¥26.00
¥26.00
¥26.00
BPS
¥1,826.06
¥1,777.23
¥1,785.12
¥1,769.22
¥1,775.94
FCF/Share
¥187
¥158
¥221
¥135
¥196
NCAV/Share
¥-588
¥-569
¥-440
¥-472
¥-500
Payout Ratio
403.7%
—
114.1%
122.8%
74.8%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 11
Date Activist Stake Event Flag Demands Source
2026-05-21
Sumitomo Mitsui Trust Bank,Limited
5.99%
-0.27%
change
Passive
—
2026-04-07
Keiji Okuwa
4.63%
correction
Passive
—
2025-09-19
Sumitomo Mitsui Trust Bank,Limited
6.26%
-0.43%
change
Passive
—
2025-03-06
Sumitomo Mitsui Trust Bank,Limited
6.69%
+0.5%
change
Passive
—
2025-02-10
Keiji Okuwa
4.63%
-1.05%
change
Passive
—
2025-02-06
Sumitomo Mitsui Trust Bank,Limited
6.19%
-1.18%
change
Passive
—
2025-02-05
Keiji Okuwa
5.68%
+1.05%
correction
Passive
—
2025-01-23
Keiji Okuwa
4.63%
change
Passive
—
2025-01-21
Sumitomo Mitsui Trust Bank,Limited
7.37%
+1.19%
change
Passive
—
2025-01-09
Sumitomo Mitsui Trust Bank,Limited
6.18%
-0.67%
change
Passive
—
2024-03-22
Sumitomo Mitsui Trust Bank,Limited
6.85%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 8
#
Shareholder
Shares (thou.)
% of Total
1
オークワ共栄会
3,573
8.78%
2
大桑堉嗣
2,950
7.25%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
2,369
5.82%
4
BermudaAssetment
BermudaAssetment株式会社
1,553
3.81%
5
公益財団法人大桑教育文化振興財団
1,520
3.73%
6
Sumitomo Mitsui Trust Bank
三井住友信託銀行株式会社
1,459
3.58%
7
The Kiyo Bank, Ltd.
株式会社紀陽銀行
1,382
3.39%
8
大桑啓嗣
1,219
2.99%
9
大桑俊男
1,213
2.98%
10
Employee Stock Ownership Plan
オークワ社員持株会
802
1.97%
Domestic Nominees
9.4%
-1.9% 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
34.9%
+0.7% vs 2025
Named entities with disclosed investment intent
Shareholder
Trend
2024
2025
2026
オークワ共栄会
7.39%
8.17%
8.78%
+0.61%
大桑堉嗣
NEW ENTRY
—
—
—
7.25%
NEW
Japan Master Trust Bank
日本マスタートラスト信託銀行
6.02%
7.49%
5.82%
-1.67%
BermudaAssetment
3.53%
3.72%
3.81%
+0.09%
公益財団法人大桑教育文化振興財団
3.46%
3.64%
3.73%
+0.09%
Sumitomo Mitsui Trust Bank
三井住友信託銀行
4.31%
3.86%
3.58%
-0.28%
The Kiyo Bank, Ltd.
式会社紀陽銀行
4.09%
3.65%
3.39%
-0.26%
大桑啓嗣
NEW ENTRY
—
—
—
2.99%
NEW
大桑俊男
NEW ENTRY
—
—
—
2.98%
NEW
Employee Stock Ownership Plan
オークワ社員持株会
—
1.99%
1.97%
-0.02%
大桑 堉嗣
last seen 2025
Exited Top 10
6.97%
7.19%
—
大桑 啓嗣
last seen 2025
Exited Top 10
2.77%
2.92%
—
大桑 俊男
last seen 2025
Exited Top 10
2.76%
2.90%
—
三菱UFJ銀行
last seen 2024
Exited Top 10
2.15%
—
—
Concentration (HHI)
ⓘ
219
251
238
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥3,558M
+61% since 2024
Holdings
8
+2 new
2 exited
Trend
4 unwinding
vs 2024
Held Company
FY2026
¥3,558M total
FY2024
¥2,214M total
Book Val ¥M
Shares
Book Val ¥M
Shares
The Kiyo Bank, Ltd.
㈱紀陽銀行
1,440
-23.0%
↓
337,400
813
438,300
M
HEIWADO CO.,LTD.
㈱平和堂
918
306,200
631
306,200
M
Sumitomo Mitsui Trust Group, Inc.
三井住友トラストグループ㈱
743
NEW
New
135,518
—
M
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
199
NEW
New
67,700
—
M
The Nanto Bank,Ltd.
㈱南都銀行
132
-23.0%
↓
17,700
61
23,000
M
San ju San Financial Group,Inc
㈱三十三フィナンシャルグループ
71
-23.5%
↓
11,730
29
15,330
M
Senshu Ikeda Holdings,Inc.
㈱池田泉州ホールディングス
39
-23.1%
↓
42,000
19
54,600
M
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
16
+125.0%
↑
2,700
9
1,200
M
三井住友トラスト・ホールディングス㈱
—
−100%
Exit
—
522
176,118
M
㈱三菱UFJフィナンシャルグループ
—
−100%
Exit
—
130
88,000
M
Portfolio total
3,558
2,214
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding