Token Corp FY2026 Revenue Rises 5% to ¥386.5bn; Net Profit Up 2% to a Record ¥16.2bn

Token Corporation (TSE: 1766) — a Nagoya-based group that designs, builds and manages rental apartments and operates the "Home Mate" rental-brokerage network — reported full-year results on June 12, 2026 for the fiscal year ended April 2026. Consolidated revenue rose 5.4% to ¥386,537 million, operating profit edged up 0.5% to ¥22,373 million, ordinary profit gained 3.0% to ¥23,432 million, and net profit attributable to owners increased 2.4% to a record ¥16,161 million, lifting EPS to ¥1,238.21 and ROE to 12.9%.

Steady core business; large buyback shrinks equity

Demand for rental-housing construction and management held firm. Total assets were ¥215,656 million and net assets ¥116,350 million for an equity ratio of 54.0% (book value per share ¥10,481.12); net assets fell year-on-year as the company executed a large share buyback, lifting treasury stock sharply. Operating cash flow was ¥19,567 million.

Higher dividend, cautious FY2027 outlook

Token raised its annual dividend to ¥360.00 per share (from ¥330) and plans a further increase to ¥400 for FY2027. For the year ending April 2027, however, it guided revenue of ¥408,218 million (+5.6%) but lower profits — operating profit of ¥20,175 million (−9.8%), ordinary profit of ¥21,108 million (−9.9%) and net profit of ¥14,568 million (−9.9%), equivalent to EPS of ¥1,312.40.

The group combines apartment construction with long-term rental management and brokerage, giving it a recurring-revenue base alongside its construction order book.

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.