Overview
Foods

Top's Inc.

Tops Co., Ltd. operates American-style restaurants and café outlets, and manufactures and sells Western confectionery, most notably its signature chocolate cake, which originated as a dessert at its founding restaurant in Akasaka, Tokyo. The company sells its cakes through approximately 30 department store and commercial facility counters across the Greater Tokyo area and beyond, supported by its own production facilities in Meguro (Tokyo) and Tsuchiura (Ibaraki). Having cultivated strong brand recognition over more than 60 years, Tops differentiates itself through commitment to handcrafted quality, use of organic sugar, and food safety certifications including JFS-B and ISO/IEC 27001.

Market Cap
¥—B
EV
¥—B
Stock¥1,122▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
—
LTM EV/EBIT
—
LTM PER
—
LTM PBR
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Price 1Y
Sep 26, 24 – Oct 29, 24
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Performance & Balance
Revenue 5Y (¥B)
3.34US$21.3M'23/93.42US$21.8M'24/93.47US$22.1M'25/9
Net Income 5Y (¥B)
0.04US$0.27M'23/90.13US$0.83M'24/90.11US$0.71M'25/9
Shareholders
Top 10 hold 88.0%
1
Mitsuhiko MURAMOTO
17.69%
2
Eiji HAKOZAKI
17.62%
3
Shusui YOTSUYA
14.90%
4
Koichi KATSURA
8.17%
5
Satoshi IKUMA
8.10%
6
Yukio MAKITA
8.10%
7
Tatsuya BUKKYO
3.60%
8
Hirokuni TAKESHITA
3.50%
9
Katsuhiro HATANO
3.50%
10
Junko KATSURA
2.86%
Management
9 officers
Eiji HAKOZAKI
Representative Director, President
Aug. 1977 Joined Hanaya Co., Ltd.; Aug. 1979 Joined Highnet Co., Ltd.; Jun. 1981 Joined the Company; Oct. 2009 Director of the Company; Oct. 2009 Director, Zakuro Co., Ltd. (now Zakuro Holdings Co., Ltd.); Dec. 2011 Deputy President & Director, Zakuro Co., Ltd. (now Zakuro Holdings Co., Ltd.); Mar. 2013 Representative Director, President & CEO of the Company (current)
1960-09-05
Mitsuhiko MURAMOTO
Representative Director, Executive Vice President
Apr. 1987 Joined Shimano Kaken Co., Ltd.; Mar. 1993 Registered as Certified Public Accountant; Apr. 1997 Director, Inforest LLC; Jan. 1998 Director, Zakuro Co., Ltd. (now Zakuro Holdings Co., Ltd.); Apr. 1999 Representative Director, KY Motors Co., Ltd.; Oct. 2009 Director of the Company; Dec. 2011 Deputy President & Director, Zakuro Co., Ltd. (now Zakuro Holdings Co., Ltd.); Mar. 2013 Representative Director, Executive Vice President of the Company (current); Jun. 2018 General Manager, Administrative Division of the Company
1964-07-25
Shusui YOTSUYA
Director, Executive Vice President
Apr. 1989 Joined Shimano Kaken Co., Ltd.; Apr. 1992 Joined Seikousha Co., Ltd.; Apr. 1997 Enrolled in Tokyo Metropolitan Vocational Training School; Mar. 1999 Graduated from Tokyo Metropolitan Vocational Training School; Apr. 1999 Representative Director, KY Motors Co., Ltd.; Jun. 2003 Director, Zakuro Foods Co., Ltd. (now Zakuro Holdings Co., Ltd.); Feb. 2012 Joined the Company; Oct. 2012 Director & General Manager, Sales Division of the Company; Dec. 2019 Managing Director of the Company; Feb. 2020 General Manager, Merchandise Division of the Company; Dec. 2021 Senior Managing Director of the Company (current); Dec. 2021 General Manager, Sales Division of the Company (current)
1964-11-13
Yoshisato IINO
Managing Director, concurrently General Manager of Administrative Headquarters and General Manager of Administrative Department
Sep. 1999 Joined Isshin Tokei Co., Ltd.; Jun. 2012 Joined Sun Arrow Co., Ltd.; Feb. 2016 Joined Zakuro Holdings Co., Ltd.; Feb. 2024 Joined the Company; Feb. 2024 Executive Officer & General Manager, Administrative Department of the Company; Feb. 2025 Executive Officer, Deputy General Manager of Administrative Headquarters & General Manager, Administrative Department of the Company; Dec. 2025 Managing Director of the Company (current); Dec. 2025 General Manager of Administrative Headquarters & General Manager, Administrative Department of the Company (current)
1971-04-13
Hideki KOBAYASHI
Director, General Manager of Merchandise Headquarters
Apr. 1996 Joined Metro Seika Co., Ltd.; Feb. 1998 Joined Alpha Cubic Enterprise Co., Ltd.; Oct. 1999 Joined Saxon Co., Ltd. (now Zakuro Shoji Co., Ltd.); Dec. 1999 Joined Granata Co., Ltd. (now the Company); Sep. 2019 General Manager, Merchandise Management Department of the Company; Dec. 2021 Director of the Company (current); Dec. 2021 General Manager, Merchandise Headquarters of the Company (current)
1973-09-28
Ikuko AKAMATSU
Outside Director
Jan. 1995 Joined Ohta Showa Audit Corporation (now Ernst & Young ShinNihon LLC); Apr. 1997 Registered as Certified Public Accountant; Aug. 2018 Outside Director of the Company (current); Jun. 2019 Outside Audit & Supervisory Board Member, SBI Shinsei Bank, Ltd. (current); Jul. 2019 Board Member, Japanese Institute of Certified Public Accountants; Jun. 2020 Outside Director, Kawachi Drug Co., Ltd.; Jun. 2020 Outside Audit & Supervisory Board Member, Toyo Seikan Group Holdings Co., Ltd. (current); Jun. 2022 Outside Director (Audit & Supervisory Committee Member), Mitsubishi UFJ Securities Holdings Co., Ltd. (current); Apr. 2023 Outside Audit & Supervisory Board Member, iCARE Co., Ltd.; Jun. 2023 Outside Director, Nippon Kayaku Co., Ltd. (current); Jun. 2025 Outside Audit & Supervisory Board Member, Brother Industries, Ltd. (current)
1968-02-27
Koji TOYOMURA
Full-time Audit & Supervisory Board Member
Jan. 1981 Joined Misaki Transport Co., Ltd.; Nov. 1982 Joined Akasaka Zakuro Co., Ltd. (now Zakuro Shoji Co., Ltd.); Jun. 1985 Joined Shinjuku Tops & Saxon Co., Ltd. (now the Company); May 1999 Managing Director, Tops & Saxon Co., Ltd. (now the Company); Jan. 2012 General Manager, Operations Division of the Company; May 2018 Full-time Audit & Supervisory Board Member of the Company (current)
1957-05-28
Keisuke AOKI
Outside Audit & Supervisory Board Member
Apr. 2009 Joined Shin Nihon LLC (now Ernst & Young ShinNihon LLC); Aug. 2012 Registered as Certified Public Accountant; Apr. 2013 Director, Tama Houmon Massage Center Co., Ltd. (current); Jun. 2014 Joined AGS Consulting Co., Ltd. (current); May 2018 Outside Audit & Supervisory Board Member of the Company (current); Jul. 2022 Outside Director, SMV Japan Co., Ltd. (current); Apr. 2025 Director, AGS Capital Partners Co., Ltd. (current)
1984-06-16
Fumi FUJIMATSU
Outside Audit & Supervisory Board Member
Oct. 2001 Registered as Attorney-at-Law; joined Abe, Ikubo & Katayama Law Office; Jan. 2008 Partner, Abe, Ikubo & Katayama Law Office (current); Jun. 2014 Outside Audit & Supervisory Board Member, Daiko Denshi Tsushin Co., Ltd.; Sep. 2019 Outside Audit & Supervisory Board Member of the Company (current); Mar. 2021 Outside Audit & Supervisory Board Member, Cybernet Systems Co., Ltd.
1974-09-02
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2025-12-26
発行者情報
FY ending Sep 2025
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