Overview
Retail Trade

Toell Co.,Ltd.

TOELL Co., Ltd. operates two core business segments: an Energy Business and a Water Business. The Energy Business involves the wholesale and retail distribution of LP gas and related equipment, along with safety management and customer service operations, supported by a proprietary 24/365 TASK System across the Kanto region. The Water Business manufactures and sells domestic pure water under the 'Alpina' brand (produced in Omachi, Nagano) and Hawaiian pure water under the 'Pure Hawaiian' brand (produced at factories in Hawaii, USA).

Market Cap
US$104M
¥16.7B
EV
US$62.0M
¥9.89B
StockUS$5.69(¥909)▲+1.56%
US$1 = ¥159.70 (2026-11-12)
LTM EV/EBITDA
2.6
x
LTM EV/EBIT
4.3
x
LTM PER
9.5
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-4.2%pt
100
Nov 13, 25 – Nov 13, 26StockTOPIX
MC → EV Bridge
US$104M¥16.7BMarket CapUS$4.82M¥0.77B+ DebtUS$36.8M¥5.87B− CashUS$10.5M¥1.68B− Inv. Sec.US$0.06M¥0.01B+ NCIUS$62.0M¥9.89BEV
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Performance & Balance
Revenue 5Y (US$)
US$162M¥25.9B'22/4US$175M¥27.9B'23/4US$170M¥27.1B'24/4US$171M¥27.4B'25/4US$169M¥27.0B'26/4
EBITDA 5Y (US$)
US$19.6M¥3.13B'22/4US$22.0M¥3.51B'23/4US$22.8M¥3.64B'24/4US$21.2M¥3.38B'25/4US$21.9M¥3.50B'26/4
Net Income 5Y (US$)
US$6.62M¥1.06B'22/4US$9.93M¥1.59B'23/4US$13.6M¥2.18B'24/4US$5.27M¥0.84B'25/4US$10.1M¥1.61B'26/4
Capital Structure
97%
EquityD/E 0.04xDebt
Liquidity vs Debt 5Y (US$)▲ Net Cash
CashInv. Sec.Debt
US$39.1M¥6.24BUS$13.1M¥2.09B'22/4US$40.8M¥6.52BUS$9.28M¥1.48B'23/4US$44.0M¥7.03BUS$6.83M¥1.09B'24/4US$41.8M¥6.67BUS$5.80M¥0.93B'25/4US$51.2M¥8.17BUS$4.82M¥0.77B'26/4
Business Segments
2026/04 · US$ (¥B)
75%
The energy business
Revenue
US$127M(¥20.3B)
Segment profit
US$13.6M(¥2.17B)10.7%
25%
The water business
Revenue
US$42.3M(¥6.76B)
Segment profit
US$7.64M(¥1.22B)18.0%
Adjustments
Revenue
—
Segment profit
US$8.81M(¥1.41B)
No segment changes in the last 5 years
Shareholders
Top 10 hold 55.4%
1
MONY Co., Ltd.
11.90%
2
Minax Co., Ltd.
8.33%
3
Michi NAKADA
8.08%
4
Mika SHIKIJI
5.54%
5
Hikari Tsushin K.K. Investment Business Limited Liability Partnership
5.33%
6
IWATANI CORPORATION
4.59%
7
Hajime INANAGA
4.09%
8
Inanaga Osamu Memorial Foundation (General Incorporated Foundation)
3.14%
9
Toell Co.,Ltd. Business Partners' Stock Ownership Association
2.21%
10
Mina KUSAKA
2.14%
Management
11 officers
Michi NAKADA
Representative Director, Chairman and CEO
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1965-02-05
Koji YOKOTA
Representative Director, President and Executive Officer
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1967-01-30
Makoto GOTO
Director, Vice President and Executive Officer; General Manager, Sales Headquarters
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1962-07-10
Yoshikazu MUROKOSHI
Senior Managing Director, Executive Officer
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1952-08-01
Akira SHIKIJI
Senior Managing Director, Executive Officer; General Manager, Supply Headquarters
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1973-11-13
Shigetoshi SHIBUYA
Managing Director, Executive Officer; Deputy General Manager, Sales Headquarters
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1974-01-23
Hiromichi MAKINO
Director, Executive Officer; General Manager, Water Business Headquarters
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1967-07-25
Toshiyuki YAHIRO
Director, Executive Officer; General Manager, LPG Safety and Construction Headquarters; Chairman, Internal Control Committee
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1960-08-30
Masaya INANAGA
Director (Audit and Supervisory Committee Member)
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1967-10-31
Satsuki TANIGUCHI
Director (Audit and Supervisory Committee Member)
See biography in (2) Status of Officers, (1) List of Officers, a. above.
1960-05-25
Tsuneyuki KATO
Outside Director (Audit and Supervisory Committee Member)
Apr 1986 Joined Ministry of International Trade and Industry (currently Ministry of Economy, Trade and Industry) Oct 2015 Director, Regional Tourism Promotion Department, Japan Tourism Agency, Ministry of Land, Infrastructure, Transport and Tourism Aug 2017 Assigned to Minister's Secretariat, Ministry of Economy, Trade and Industry; retired from the Ministry Dec 2017 Joined Taiyo Oil Co., Ltd. (Advisor, Executive Officer) Mar 2022 Resigned from Taiyo Oil Co., Ltd. Jul 2022 Joined All Japan Petroleum Dealers Association (Advisor, Vice Chairman, Managing Director) Jun 2026 Advisor, All Japan Petroleum Dealers Association (current) Jul 2026 Joined Nomura Research Institute, Ltd. as Advisor, Future Creation Center (current) Outside Director (Audit and Supervisory Committee Member) of the Company (current)
1962-09-02
Large Shareholding Reports
Hikari Tsushin, Inc.
2026-11-10
5.13%→6.14%
Koutsushin Co., Ltd.
2025-09-26
5.02%→5.13%
Koutsushin Co., Ltd.
2025-08-19
5.02%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-11-10
Large Shareholding Report
TDnet
2026-09-11
Q1 Earnings Flash
FY ending Apr 2027
EDINET
2026-07-28
Annual Securities Report
Period: May 2025 – Apr 2026
TDnet
2026-06-11
Full-Year Earnings Flash
FY ending Apr 2026
TDnet
2026-03-12
Q3 Earnings Flash
FY ending Apr 2026
EDINET
2025-12-15
Semi-Annual Securities Report
Period: May 2025 – Apr 2026
EDINET
2025-09-26
Large Shareholding Report
TDnet
2025-09-11
Q1 Earnings Flash
FY ending Apr 2026
EDINET
2025-08-19
Large Shareholding Report
EDINET
2025-07-31
Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2025-03-13
Q3 Earnings Flash
FY ending Apr 2025
EDINET
2024-12-13
Semi-Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2024-09-12
Q1 Earnings Flash
FY ending Apr 2025
EDINET
2024-07-31
Annual Securities Report
Period: May 2023 – Apr 2024
EDINET
2024-03-14
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2023-12-14
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-09-14
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-08-03
Securities Registration Statement
EDINET
2023-07-28
Annual Securities Report
Period: May 2022 – Apr 2023
EDINET
2023-03-14
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2022-12-14
Quarterly Securities Report
EDINET
2022-09-14
Quarterly Securities Report
EDINET
2022-07-29
Annual Securities Report
EDINET
2022-03-14
Quarterly Securities Report
EDINET
2021-12-14
Quarterly Securities Report
EDINET
2021-09-14
Quarterly Securities Report
EDINET
2021-08-05
Securities Registration Statement
EDINET
2021-07-30
Annual Securities Report
EDINET
2021-03-15
Quarterly Securities Report
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