Overview
Retail Trade

TOWA FOOD SERVICE CO.,LTD.

Towa Food Service operates a portfolio of directly managed restaurant and café brands across the Greater Tokyo Area (Tokyo, Kanagawa, Saitama, and Chiba), with approximately 110 locations spanning concepts including the premium café chain 'Tsubakiya Coffee,' the casual cake and food brand 'Ducky Duck,' Italian dining brand 'DONA,' and Japanese grill concepts. The company differentiates through in-house production of specialty-roasted coffee, fresh pasta, sauces, dressings, and homemade cakes via its own central kitchen and cake factory. All outlets are company-owned (no franchise), targeting primarily female customers and families at prime terminal and shopping center locations, with retail sales of proprietary products also conducted outside stores.

Market Cap
¥17.3B
US$110M
EV
¥12.5B
US$79.9M
Stock¥2,139▲+0.05%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.3
x
LTM EV/EBIT
12.5
x
LTM PER
22.3
x
LTM PBR
2.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
17.3BUS$110MMarket Cap0.01BUS$0.08M+ Debt4.68BUS$29.8M− Cash0.07BUS$0.47M− Inv. Sec.12.5BUS$79.9MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
8.25US$52.6M'22/410.8US$69.2M'23/412.4US$79.0M'24/412.8US$81.7M'25/413.3US$84.9M'26/4
EBITDA 5Y (¥B)
-0.30-US$1.90M'22/40.95US$6.06M'23/41.35US$8.58M'24/41.39US$8.89M'25/41.32US$8.39M'26/4
Net Income 5Y (¥B)
0.70US$4.45M'22/40.43US$2.71M'23/40.70US$4.49M'24/40.72US$4.59M'25/40.75US$4.79M'26/4
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
3.73US$23.8M0.60US$3.86M'22/43.86US$24.6M0.61US$3.86M'23/44.08US$26.1M0.02US$0.12M'24/44.42US$28.2M0.01US$0.08M'25/44.84US$30.9M0.01US$0.09M'26/4
Shareholders
Top 10 hold 69.5%
1
Hidehide KISHINO
19.57%
2
Yuji KASHINO
18.34%
3
Seiko Investment Co., Ltd.
11.52%
4
Masato KISHINO
9.80%
5
Kaori ANDO
6.38%
6
KUZE CO.,LTD.
0.79%
7
MORINAGA MILK INDUSTRY CO.,LTD.
0.79%
8
The Nisshin OilliO Group,Ltd.
0.79%
9
Suntory Holdings Limited
0.79%
10
UCC Japan Co., Ltd.
0.75%
Management
7 officers
Masato KISHINO
Representative Director, President and CEO
May 2006 Director, Towa Sangyo Co., Ltd. May 2006 Representative Director, President, Seiko Investment Co., Ltd. (current) Jul 2006 Director, Towa Amusement Co., Ltd. Jun 2009 Representative Director, President, Towa Amusement Co., Ltd. (current) Jul 2010 Representative Director, President, Towa Sangyo Co., Ltd. (current) Jul 2016 Director, the Company Jul 2018 Representative Director, President, the Company Dec 2018 Representative Director, President, Clover Towa Co., Ltd. (current) May 2019 Representative Director, President and CEO, the Company (current)
1977-10-13
Masahiko KANNO
Representative Director, Vice President and COO
Apr 1985 Joined Towa Sangyo Co., Ltd. Mar 1996 Chief Supervisor, Towa Sangyo Co., Ltd. Apr 2001 Transferred to the Company; General Manager, Human Resources Jul 2002 Director, in charge of General Affairs and Human Resources Group, the Company Jul 2004 Director, Executive Officer, Deputy General Manager, Sales Division, the Company Apr 2006 Director, Managing Executive Officer, Deputy General Manager, Sales Division, the Company Jun 2008 General Manager, Sales Division, the Company; in charge of Safety and Security Promotion Office Nov 2009 Director, Senior Managing Executive Officer, the Company May 2017 General Manager, Performance Promotion Division, the Company (current) Feb 2018 Representative Director, the Company Jul 2020 Representative Director, Vice President, the Company Jul 2026 Representative Director, Vice President and COO, the Company (current)
1958-01-06
Kenji HASEGAWA
Director
Apr 1998 Joined Towa Sangyo Co., Ltd. Apr 2012 Transferred to the Company Apr 2014 General Manager, General Affairs and Human Resources Group, the Company Nov 2015 Executive Officer, the Company Feb 2018 Managing Executive Officer, General Manager, Administration Division, the Company Dec 2018 General Manager, IR and PR Promotion Office, the Company Jul 2020 Director, Executive Officer, General Manager, Administration Division, the Company (current)
1975-03-26
Tatsuya KAMIMURA
Director
Apr 1997 Joined Food Service Business Division, Towa Sangyo Co., Ltd. (now the Company) Sep 2002 Store Manager, Ekisha Coffee (now Tsubakiya Coffee Shinbashi Sarongan), the Company Oct 2006 Area Manager, Tsubakiya Coffee Shinjuku Sarongan, the Company Apr 2007 Supervisor, Tsubakiya Coffee Shinjuku Sarongan, the Company Jul 2012 Chief Supervisor, Tsubakiya Coffee Group, the Company May 2017 Executive Officer, the Company May 2024 General Manager, Performance Promotion Division, the Company Jul 2024 Director, Executive Officer, General Manager, Performance Promotion Division, the Company (current)
1973-01-07
Toshihiko SAITO
Director, Full-time Audit and Supervisory Committee Member
Apr 1986 Joined Food Service Business Division, Towa Sangyo Co., Ltd. (now the Company) Sep 1997 Assistant Manager, Store Development Department, the Company Sep 1999 Manager, Sales Division, the Company Apr 2010 Senior Manager, Sales Division, the Company Nov 2018 Senior Manager, Sales Support Group, Performance Promotion Division, the Company Jul 2026 Director, Full-time Audit and Supervisory Committee Member, the Company (current)
1962-07-31
Ruishiro NINOMIYA
Director, Audit and Supervisory Committee Member
Apr 1973 Joined Sanyo Securities Co., Ltd. Mar 1988 Representative Director, President, Sanyo Securities (U.K.) Ltd. Aug 1994 Representative Director, President, Sanyo Hong Kong Sep 1997 General Manager, Sales Division, Smith Barney Securities, Tokyo Branch Nov 1999 Director, Deputy Branch Manager, Tokyo, Citicorp Securities Inc. Nov 2006 Senior Advisor, UBS AG, Tokyo Branch Jan 2008 Vice Chairman and Chief Sales Officer, Japan Wealth Management Securities Co., Ltd. Feb 2012 Head of Sales and Planning Joint Division and Head of Sales Division, Aozora Securities Co., Ltd. Jul 2018 Auditor, the Company Apr 2019 Advisor to Head of Retail Division, Aozora Securities Co., Ltd. Apr 2021 Auditor, Tokyo Riding Club (public interest incorporated association) Jul 2022 Director, Audit and Supervisory Committee Member, the Company (current)
1951-03-20
Masahiro KOSHIISHI
Director, Audit and Supervisory Committee Member
Apr 1974 Joined Godo Shusei Co., Ltd. (now Oenon Holdings, Inc.) Jul 2003 Executive Officer and General Manager, General Affairs; in charge of Internal Audit Office, Godo Shusei Co., Ltd. Mar 2005 Director; in charge of Group General Affairs and Systems, Godo Shusei Co., Ltd. Feb 2006 Director, General Manager, Management Strategy Planning Office; in charge of Group Human Resources and Audit, Godo Shusei Co., Ltd. Feb 2007 Director, General Manager, Strategy and Legal Affairs Office, Godo Shusei Co., Ltd. Mar 2010 Auditor, Godo Shusei Co., Ltd. Jul 2020 Auditor, the Company Jul 2022 Director, Audit and Supervisory Committee Member, the Company (current)
1951-12-21
Large Shareholding Reports
Seika Investment Co., Ltd.
2026-05-07
14.05%→14.05%
Annual report (as of 2026-04-30): 11.52%
Seika Investment Co., Ltd.
2026-05-01
14.05%
Annual report (as of 2026-04-30): 11.52%
Seika Investment Co., Ltd.
2025-11-21
14.05%
Annual report (as of 2026-04-30): 11.52%
Seika Co., Ltd.
2025-11-21
14.05%→0.00%
Makoto KISHINO
2025-11-21
9.66%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-04-30): 9.80%
Seika Co., Ltd.
2025-10-31
14.05%→14.05%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-31
Q1 Earnings Flash
FY ending Apr 2027
EDINET
2026-07-28
Annual Securities Report
Period: May 2025 – Apr 2026
EDINETAmended
2026-05-07
Change Report
EDINET
2026-05-01
Large Shareholding Report
TDnet
2026-02-27
Q3 Earnings Flash
FY ending Apr 2026
EDINET
2025-12-12
Semi-Annual Securities Report
Period: May 2025 – Apr 2026
EDINET
2025-11-21
Large Shareholding Report
EDINETAmended
2025-11-21
Change Report
EDINET
2025-11-21
Large Shareholding Report
EDINET
2025-10-31
Large Shareholding Report
TDnet
2025-08-29
Q1 Earnings Flash
FY ending Apr 2026
EDINET
2025-07-25
Annual Securities Report
Period: May 2024 – Apr 2025
EDINETAmended
2025-05-29
Amended Annual Securities Report
Period: May 2022 – Apr 2023
EDINETAmended
2025-05-29
Amended Annual Securities Report
Period: May 2021 – Apr 2022
EDINETAmended
2025-05-29
Amended Annual Securities Report
Period: May 2023 – Apr 2024
TDnet
2025-02-28
Q3 Earnings Flash
FY ending Apr 2025
EDINET
2024-12-13
Semi-Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2024-08-29
Q1 Earnings Flash
FY ending Apr 2025
EDINET
2024-07-24
Annual Securities Report
Period: May 2023 – Apr 2024
EDINET
2024-03-15
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2023-12-14
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-09-13
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-07-25
Annual Securities Report
Period: May 2022 – Apr 2023
EDINET
2023-03-15
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2022-12-15
Quarterly Securities Report
EDINET
2022-09-13
Quarterly Securities Report
EDINET
2022-07-25
Annual Securities Report
EDINET
2022-03-15
Quarterly Securities Report
EDINETAmended
2021-12-16
Amended Annual Securities Report
EDINET
2021-12-15
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →