Overview
Wholesale Trade

Tabio Corporation

Tabio Corporation is a specialty retailer focused on the planning and sales of socks, pantyhose, and tights, operating under the 'Tabio', 'Tabio MEN', and 'Kutsushitaya' brand store formats. The company operates 268 stores as of February 2025 (149 directly managed, 119 franchise including 35 overseas agent stores) across domestic specialty retail, domestic e-commerce, and overseas/sports wholesale segments. Its competitive strengths lie in trend-responsive product development driven by SNS, high-quality proprietary research and quality control functions, and an expanding international presence in Europe (France, UK) and Asia (China).

Market Cap
¥8.77B
US$55.9M
EV
¥7.79B
US$49.7M
Stock¥1,290▼-0.08%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.8
x
LTM EV/EBIT
9.3
x
LTM PER
16.4
x
LTM PBR
1.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.3%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
8.77BUS$55.9MMarket Cap0.69BUS$4.41M+ Debt1.10BUS$6.99M− Cash0.58BUS$3.67M− Inv. Sec.7.79BUS$49.7MEV
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Performance & Balance
Revenue 5Y (¥B)
13.7US$87.2M'22/215.3US$97.3M'23/216.2US$103M'24/216.9US$107M'25/216.8US$107M'26/2
EBITDA 5Y (¥B)
0.32US$2.07M'22/20.76US$4.82M'23/20.84US$5.39M'24/21.12US$7.16M'25/21.17US$7.48M'26/2
Net Income 5Y (¥B)
0.18US$1.17M'22/20.23US$1.48M'23/20.47US$2.99M'24/20.52US$3.32M'25/20.57US$3.63M'26/2
Capital Structure
89%
EquityD/E 0.13xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.83US$18.1M1.07US$6.82M'22/22.60US$16.6M0.90US$5.73M'23/21.95US$12.4M0.72US$4.59M'24/22.45US$15.6M0.95US$6.05M'25/22.55US$16.3M0.76US$4.85M'26/2
Shareholders
Top 10 hold 62.9%
1
Ochi Sangyo Ltd.
27.27%
2
M.S.N. Co., Ltd.
14.66%
3
Ochi Holdings Co., Ltd.
9.22%
4
Tabio Corporation Business Partners' Stock Ownership Association
3.37%
5
NAIGAI CO.,LTD.
2.65%
6
Kiyoyuki TAKAYAMA
1.47%
7
Yasuhiko OCHI
1.20%
8
Toshiyuki ISHIZAKA
1.10%
9
Keiko OCHI
0.98%
10
Junko MASAGO
0.98%
Management
12 officers
Katsuhiro OCHI
Representative Director, President
Oct 1994 Joined House of Rose Co., Ltd. Mar 1997 Joined the Company Mar 2003 General Manager, Merchandising Division May 2004 Appointed Director Mar 2007 General Manager, 1st Sales Division May 2008 Appointed Representative Director, President (current) Mar 2014 General Manager, Sales Division Feb 2022 Representative Director, M.S.N. Co., Ltd. (current)
1969-03-20
Yoshitsuka SEKI
Senior Managing Director
Oct 2003 Joined Chuo Aoyama PricewaterhouseCoopers Audit Corporation Feb 2007 Joined EY ShinNihon LLC Jul 2008 Registered as Certified Public Accountant Sep 2008 Joined the Company Oct 2012 General Manager, System Solutions Department May 2022 General Manager, Finance Department May 2022 Appointed Director Mar 2025 General Manager, Corporate Planning Department (current) May 2026 Appointed Senior Managing Director (current)
1978-04-07
Yasuhiko OCHI
Director
Apr 1995 Joined the Company Apr 2007 General Manager, Merchandising Division Jun 2008 Appointed Executive Officer Apr 2011 Appointed Senior Executive Officer May 2014 Appointed Director (current)
1972-01-25
Teruo MASAGO
Director
Sep 2000 Joined the Company Mar 2009 General Manager, Media Department Apr 2009 Appointed Executive Officer Oct 2017 General Manager, Strategic Business Division May 2018 Appointed Director Feb 2020 Appointed Representative Director, Tabio Nara Co., Ltd. (current)
1974-10-24
Hiroaki IMAGAWA
Director
Apr 1983 Joined Fuji Kogei Co., Ltd. Mar 1986 Joined the Company Mar 2001 General Manager, Chosette Sales Department Jun 2008 Appointed Executive Officer Mar 2009 General Manager, Sales Division Oct 2017 Advisor, Store Operations Division May 2023 General Manager, Men's Sales Department May 2024 Appointed Director (current)
1964-09-30
Michiko KANAI
Director
Jul 1997 Joined L-Compass Co., Ltd. Feb 1999 Joined Index Corporation Feb 2003 Joined DeNA Co., Ltd. Feb 2014 Representative Director, Growth Engine Co., Ltd. (current) May 2021 Appointed Director of the Company (current) May 2025 Outside Director, Japan Home Shield Co., Ltd. (current) Oct 2025 Outside Director, AIL Co., Ltd. (current)
1975-01-10
Hiroki WATANABE
Full-time Corporate Auditor
Apr 1986 Joined the Company May 2002 General Manager, Socks-ya Business Division Feb 2006 General Manager, Store Development Department Jun 2008 Appointed Executive Officer Mar 2009 General Manager, Store Development Division Oct 2017 Advisor, Store Development Department, Store Operations Division Mar 2021 General Manager, General Affairs Department May 2024 Appointed Full-time Corporate Auditor (current)
1960-06-12
Hideyuki KOIZUMI
Director
Mar 1991 Joined Imperial Hotel, Ltd. Dec 1996 Joined the Company May 2005 Representative Director, DANSOX UK CO., Ltd. Apr 2006 General Manager, Overseas Business Division May 2013 General Manager, Human Resources Department May 2024 General Manager, General Affairs Department (current) May 2026 Appointed Director (current)
1973-01-17
Shinji WADA
Director
Apr 1987 Joined Nankai Electric Railway Co., Ltd. (currently NANKAI Inc.) Jun 2019 Executive Officer, Greater Namba Creation Office Director, NANKAI Jun 2020 Executive Officer, Urban Development Creation Office Director, NANKAI Jun 2021 Executive Officer, Deputy Director of Innovation Creation Office and General Manager, New Business Division, NANKAI Apr 2022 Executive Officer, General Manager, eSports Business Division, NANKAI Oct 2023 Executive Officer, Assistant to CEO, NANKAI Apr 2024 Professor and Deputy Director, Entrepreneurship Design Center, Wakayama University (current) May 2024 Appointed Director of the Company (current)
1963-11-23
Satoshi TAKAHARA
Director
Apr 1993 Joined Naigai Co., Ltd. Feb 2016 Executive Officer, Naigai Co., Ltd. Apr 2021 Director and Executive Officer, Naigai Co., Ltd. Apr 2024 Director and Managing Executive Officer, Naigai Co., Ltd. May 2024 Appointed Director of the Company (current) Apr 2026 Senior Managing Director and Senior Executive Officer, Naigai Co., Ltd. (current)
1969-05-29
Hiroyuki HAYASHI
Corporate Auditor
Oct 2000 Registered with Osaka Bar Association Oct 2000 Joined Ota & Shibata Law Office (currently Ota, Shibata & Hayashi Law Firm) Apr 2008 Appointed Partner of the same office (current) Feb 2011 Temporary Outside Corporate Auditor of the Company May 2011 Appointed Outside Corporate Auditor of the Company (current) Mar 2024 Outside Director, Masaoka Land Co., Ltd. (current)
1974-04-23
Kazunori TAKAYAMA
Corporate Auditor
Oct 1993 Joined Chuo Shinko Audit Corporation May 1997 Registered as Certified Public Accountant Nov 2004 Registered as Certified Tax Accountant Nov 2004 Opened Takayama Certified Public Accountant Office (current) May 2012 Appointed Corporate Auditor of the Company (current) Jun 2015 Director (Audit and Supervisory Committee Member), Sanyo Homes Co., Ltd. (current)
1970-10-30
Large Shareholding Reports
Ochi Holdings Co., Ltd.
2026-03-30
9.19%→9.19%
Annual report (as of 2026-08-31): 9.22%
M.S.N. Co., Ltd.
2026-02-03
15.79%→14.62%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-08-31): 14.66%
M.S.N. Co., Ltd.
2026-01-21
15.79%→14.62%
Annual report (as of 2026-08-31): 14.66%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-14
Semi-Annual Securities Report
Period: Mar 2026 – Feb 2027
TDnet
2026-10-13
Q2 Earnings Flash
FY ending Feb 2027
TDnet
2026-07-14
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-05-20
Annual Securities Report
Period: Mar 2025 – Feb 2026
EDINET
2026-03-30
Large Shareholding Report
EDINETAmended
2026-02-03
Change Report
EDINET
2026-01-21
Large Shareholding Report
TDnet
2026-01-13
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-10-08
Semi-Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2025-07-08
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-22
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-14
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-09
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
EDINET
2024-07-10
Quarterly Securities Report
Period: Mar 2024 – May 2024
TDnet
2024-07-09
Q1 Earnings Flash
FY ending Feb 2025
EDINET
2024-05-23
Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINET
2024-01-12
Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINET
2023-10-11
Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINET
2023-07-12
Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINET
2023-05-25
Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINET
2023-01-11
Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINET
2022-10-11
Quarterly Securities Report
EDINET
2022-07-11
Quarterly Securities Report
EDINET
2022-05-26
Annual Securities Report
EDINET
2022-01-12
Quarterly Securities Report
EDINET
2021-10-11
Quarterly Securities Report
EDINET
2021-07-12
Quarterly Securities Report
EDINET
2021-05-27
Annual Securities Report
EDINET
2021-01-13
Quarterly Securities Report
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