Overview
Chemicals

TOLI Corporation

TOLI Corporation is a leading Japanese interior materials manufacturer offering a comprehensive range of products including vinyl flooring (tiles and sheets), carpets, wall coverings, curtains, and baseboards for commercial, institutional, and residential markets. The company serves diverse end markets such as offices, educational facilities, medical/welfare institutions, commercial facilities, and hotels, with a strong emphasis on design variety, functional performance, and sustainable manufacturing using bio-based and recycled materials. TOLI distributes its branded products domestically and internationally, with sales operations in China and North America.

Market Cap
¥38.6B
US$246M
EV
¥29.5B
US$188M
Stock¥680▲+0.44%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
3.4
x
LTM EV/EBIT
5.5
x
LTM PER
8.3
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-5.8%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 31, 25Guidance revision after subsidiary fraud
MC → EV Bridge
38.6BUS$246MMarket Cap10.9BUS$69.2M+ Debt8.44BUS$53.9M− Cash11.9BUS$75.6M− Inv. Sec.0.39BUS$2.46M+ NCI29.5BUS$188MEV
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Performance & Balance
Revenue 5Y (¥B)
88.5US$564M'22/395.2US$607M'23/3102US$654M'24/3106US$674M'25/3112US$716M'26/3
EBITDA 5Y (¥B)
3.05US$19.4M'22/35.87US$37.4M'23/37.60US$48.5M'24/37.27US$46.4M'25/38.33US$53.1M'26/3
Net Income 5Y (¥B)
0.72US$4.59M'22/32.56US$16.3M'23/33.69US$23.5M'24/33.51US$22.4M'25/34.46US$28.4M'26/3
Capital Structure
83%
EquityD/E 0.21xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
15.0US$96.0M6.70US$42.7M'22/314.9US$95.3M6.70US$42.7M'23/317.3US$110M6.70US$42.7M'24/316.5US$105M9.86US$62.9M'25/320.4US$130M10.3US$65.4M'26/3
Shareholders
Top 10 hold 32.3%
1
Nippon Life Insurance Company
6.42%
2
Tokuyama Corporation
4.89%
3
Stock Ownership Association
3.96%
4
MUFG Bank, Ltd.
3.13%
5
Sanshin Co., Ltd.
3.05%
6
THE BANK OF NEW YORK MELLON140044 (Standing Proxy: Mizuho Bank, Ltd.)
2.69%
7
TOLI Corporation Employee Stock Ownership Association
2.32%
8
The Senshu Ikeda Bank, Ltd.
2.15%
9
Mitsubishi UFJ Trust and Banking Corporation
2.05%
10
DFA INTL SMALL CAP VALUE PORTFOLIO (Standing Proxy: Citibank, N.A., Tokyo Branch)
1.64%
Management
12 officers
Motohiro NAGASHIMA
Director, Representative Director, President
Apr 1982 Joined the Company Apr 2003 General Manager, Corporate Planning Department Jun 2007 Executive Officer Jun 2008 Director Apr 2009 General Manager, Sales Division Apr 2012 Representative Director, President (current)
1959-12-01
Hirofumi AMANO
Director, Senior Managing Executive Officer, General Manager, Business Division
Apr 1984 Joined the Company Apr 2005 General Manager, Corporate Planning Promotion Office Apr 2012 Executive Officer Jun 2015 Director Apr 2016 General Manager, Business Division (current) Apr 2018 Managing Director Apr 2021 Senior Managing Executive Officer (current)
1960-06-11
Masayuki HASHIMOTO
Director, Managing Executive Officer, in charge of Global Strategy Promotion, Climate Change Response Project Manager
Apr 1983 Joined Nissho Iwai Corporation Apr 2016 Deputy General Manager, Chemicals Division, Sojitz Corporation Apr 2018 Full-time Advisor to the Company Jun 2018 Director, Executive Officer Apr 2019 General Manager, Global Strategy Promotion Department Apr 2021 Managing Executive Officer (current) Apr 2022 Climate Change Response Project Manager (current) Apr 2023 In charge of Global Strategy Promotion (current)
1960-06-16
Akiro KATO
Director, Executive Officer, General Manager, Corporate Planning Department
Apr 1995 Joined the Company Apr 2018 General Manager, Corporate Planning Department (current) Apr 2022 Executive Officer (current) Jun 2025 Director (current)
1972-06-12
Masakatsu TAKEKAWA
Director, Executive Officer, General Manager, Technology Development Department
Apr 1997 Joined the Company Apr 2021 General Manager, Technology Development Department (current) Apr 2023 Executive Officer (current) Jun 2025 Director (current)
1974-11-17
Chikako SEKINE
Outside Director
Apr 1972 Joined Shiseido Yamagata Hanbai Co., Ltd. Apr 2012 Executive Officer, Shiseido Company, Limited Apr 2014 Managing Executive Officer, Shiseido Company, Limited Jan 2016 Advisor, Shiseido Company, Limited Feb 2016 Outside Director, E-Support Link Co., Ltd. Feb 2018 Representative Director, B-Mind Co., Ltd. (current) Jun 2018 Outside Director, Nippon Valqua Industries, Ltd. (now Valqua, Ltd.) May 2019 Outside Director, UNY Family Mart Holdings Co., Ltd. (now FamilyMart Co., Ltd.) Aug 2019 Outside Director, Takara Printing Co., Ltd. (now TAKARA & COMPANY Ltd.) (current) Jun 2021 Outside Director, the Company (current)
1953-12-16
Hidenobu FUJII
Outside Director
Apr 1979 Joined The Sanwa Bank, Limited Jun 2006 Executive Officer, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (now MUFG Bank, Ltd.) May 2009 Managing Executive Officer, the same bank Jun 2010 Managing Director, the same bank Jun 2013 Representative Director, President, MUFG Research & Consulting Co., Ltd. Jun 2017 Vice Chairman, Hitachi Zosen Corporation (now Kanadevia Corporation) Jun 2021 Outside Director, the Company (current) Aug 2021 Outside Audit & Supervisory Board Member, Chukita Seisakusho Co., Ltd.
1955-11-29
Asako KIMURA
Outside Director
Apr 2008 Associate Professor, Faculty of Commerce, Kansai University Apr 2014 Professor, Faculty of Commerce, Kansai University Aug 2023 Visiting Professor, Graduate School of Management, Kyoto University (current) Jun 2024 Outside Director, Audit and Supervisory Committee Member, The Joyo Bank, Ltd. (current) Oct 2024 Assistant to the President, Kansai University Jun 2025 Outside Director, the Company (current) Apr 2026 Professor, Faculty of Commerce, Keio University (current)
1977-11-06
Wataru MATSUMOTO
Full-time Audit & Supervisory Board Member
Apr 1980 Joined the Company Apr 2003 General Manager, Accounting Department Apr 2010 Executive Officer Jun 2011 Director Apr 2015 Representative Director, President, Rick Co., Ltd. Apr 2022 Representative Director, Chairman, Rick Co., Ltd. Apr 2023 Chairman of the Board, Rick Co., Ltd. Jun 2023 Full-time Audit & Supervisory Board Member (current)
1958-03-10
Yoji NAKANO
Full-time Audit & Supervisory Board Member
Oct 1989 Joined the Company Apr 2011 General Manager, Kinki Area Block Division Apr 2015 Executive Officer Apr 2021 Managing Executive Officer Apr 2022 General Manager, Sales Division Apr 2025 Full-time Advisor Jun 2025 Full-time Audit & Supervisory Board Member (current)
1960-01-03
Taku MORIKAWA
Audit & Supervisory Board Member
Oct 2001 Registered as an attorney-at-law Feb 2005 Head, Takimoto Masahiko Law Office (now Hyogo Law Office) (current) Jun 2015 Audit & Supervisory Board Member, the Company (current)
1974-11-27
Teruo WATANUMA
Audit & Supervisory Board Member
Aug 1984 Registered as a Certified Public Accountant Oct 2016 Representative, Watanuma Certified Public Accountant Office (current) Jun 2019 Audit & Supervisory Board Member, the Company (current)
1953-07-05
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-12
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-16
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-05
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-19
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-22
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-23
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-23
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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