Financials

TOKYO BASE: 15 fiscal years of results, 2012–2026

Revenue · FYE Jan 2026
¥24bn
Operating profit · FYE Jan 2026
¥2.0bn
Net profit · FYE Jan 2026
¥1.2bn
Total assets
¥15bn
Equity ratio
42.2%
Fiscal years on record
15 · 2012–2026

This page carries 15 fiscal years of results, from 2012 to 2026. Revenue is at its highest on record in the latest year filed. The company reported a net loss in 2 years: 2021, 2023.

TOKYO BASE: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)
Long-term results, every fiscal year on record (¥ bn). Scroll sideways for earlier years.
Fiscal year Unit 2012 FYE Feb 2013 FYE Feb 2014 FYE Feb 2015 FYE Feb 2016 FYE Feb 2017 FYE Feb 2018 FYE Feb 2019 FYE Feb 2020 FYE Feb 2021 FYE Feb 2022 FYE Jan 2023 FYE Jan 2024 FYE Jan 2025 FYE Jan 2026 FYE Jan
Revenue JPY ¥1.0bn¥1.9bn¥3.1bn¥4.5bn¥6.1bn¥9.4bn¥13bn¥14bn¥15bn¥15bn¥18bn¥19bn¥20bn¥20bn¥24bn
YoY % +90.0%+63.2%+45.2%+35.6%+54.1%+36.2%+9.4%+8.6%-3.3%+19.7%+9.1%+4.2%+1.0%+17.3%
Operating profit JPY ¥0.6bn¥0.7bn¥1.3bn¥1.6bn¥1.4bn¥1.3bn¥0.2bn¥0.9bn¥0.2bn¥0.9bn¥1.5bn¥2.0bn
YoY % +16.7%+85.7%+23.1%-12.5%-7.1%-84.6%+350.0%-77.8%+350.0%+66.7%+33.3%
Ordinary profit JPY ¥0.1bn¥0.2bn¥0.5bn¥0.6bn¥0.6bn¥1.3bn¥1.6bn¥1.4bn¥1.3bn¥0.2bn¥1.1bn¥0.3bn¥1.1bn¥1.5bn¥1.9bn
Net profit JPY ¥0.4bn¥0.4bn¥0.9bn¥1.1bn¥1.0bn¥0.9bn-¥0.1bn¥0.8bn-¥0.5bn¥0.3bn¥0.8bn¥1.2bn
YoY % 0.0%+125.0%+22.2%-9.1%-10.0%-111.1%-162.5%+166.7%+50.0%
Operating margin % 13.3%11.5%13.8%12.5%10.0%8.6%1.4%5.1%1.0%4.5%7.4%8.4%
Net margin % 8.9%6.6%9.6%8.6%7.1%5.9%-0.7%4.5%-2.6%1.5%4.0%5.1%
Standard Japanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAPJapanese GAAP
Basis Parent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyParent onlyConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidated
Cost structure Cost of sales SG&A Operating profit Operating margin

Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)

Revenue and its cost lines, every year the breakdown was filed (¥ bn).
Fiscal year Unit 2015 *1 FYE Feb 2016 *1 FYE Feb 2017 *1 FYE Feb 2018 *1 FYE Feb 2019 *1 FYE Feb 2020 *1 FYE Feb 2021 *1 FYE Feb 2022 *1 FYE Jan 2023 *1 FYE Jan 2024 *1 FYE Jan 2025 *1 FYE Jan 2026 *1 FYE Jan
Revenue JPY ¥4.5bn¥6.1bn¥9.4bn¥13bn¥14bn¥15bn¥15bn¥18bn¥19bn¥20bn¥20bn¥24bn
YoY % +36.2%+53.7%+36.6%+9.2%+9.3%-3.8%+20.1%+8.9%+4.2%+1.1%+17.5%
Cost of sales JPY ¥2.1bn¥3.0bn¥4.4bn¥6.2bn¥6.9bn¥7.4bn¥7.5bn¥8.4bn¥9.6bn¥10.0bn¥9.8bn¥11bn
SG&A JPY ¥1.7bn¥2.5bn¥3.7bn¥5.0bn¥5.6bn¥6.6bn¥6.9bn¥8.3bn¥9.4bn¥9.1bn¥9.0bn¥10bn
Operating profit JPY ¥0.6bn¥0.7bn¥1.3bn¥1.6bn¥1.4bn¥1.3bn¥0.2bn¥0.9bn¥0.2bn¥0.9bn¥1.5bn¥2.0bn
YoY % +5.1%+95.5%+22.0%-10.7%-7.9%-84.0%+356.5%-77.3%+309.8%+67.1%+32.8%
Operating margin % 14.1%10.8%13.8%12.3%10.1%8.5%1.4%5.4%1.1%4.4%7.3%8.2%
Change pp -3.3pp+3.0pp-1.5pp-2.2pp-1.6pp-7.1pp+4.0pp-4.3pp+3.3pp+2.9pp+0.9pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Balance sheet Total assets Equity Interest-bearing debt Equity ratio

Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)

Balance-sheet totals, every year on record (¥ bn).
Fiscal year Unit 2012 *1 FYE Feb 2013 *1 FYE Feb 2014 *1 FYE Feb 2015 *1 FYE Feb 2016 *1 FYE Feb 2017 *1 FYE Feb 2018 *1 FYE Feb 2019 *1 FYE Feb 2020 *1 FYE Feb 2021 *1 FYE Feb 2022 *1 FYE Jan 2023 *1 FYE Jan 2024 *1 FYE Jan 2025 *1 FYE Jan 2026 *1 FYE Jan
Total assets JPY ¥0.4bn¥0.9bn¥1.3bn¥1.9bn¥2.8bn¥5.1bn¥7.6bn¥11bn¥7.6bn¥12bn¥11bn¥12bn¥11bn¥15bn
YoY % +139.4%+43.7%+45.3%+43.4%+83.1%+48.2%-28.7%+52.8%-3.1%+6.2%-3.6%+29.8%
Equity JPY ¥0.1bn¥0.2bn¥0.6bn¥0.9bn¥1.8bn¥2.7bn¥4.1bn¥5.1bn¥5.9bn¥3.2bn¥5.9bn¥5.4bn¥5.5bn¥5.1bn¥6.3bn
YoY % +128.3%+125.8%+70.0%+93.9%+47.7%+52.4%+24.1%+15.8%-45.2%+83.4%-9.1%+3.1%-7.7%+22.7%
Interest-bearing debt JPY ¥0.3bn¥0.6bn¥1.6bn¥2.4bn¥2.2bn¥2.0bn¥1.8bn¥2.8bn¥2.3bn¥3.3bn
Equity ratio % 27.4%26.2%41.1%48.1%65.0%52.4%53.9%55.4%42.6%51.1%47.9%46.5%44.6%42.2%
Change pp -1.2pp+14.9pp+7.0pp+16.9pp-12.6pp+1.5pp-12.8pp+8.5pp-3.2pp-1.4pp-1.9pp-2.4pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Cash flow Operating CF Investing CF Financing CF

Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)

Cash flows as filed, every year on record (¥ bn). A negative figure is cash out.
Fiscal year Unit 2014 *1 FYE Feb 2015 *1 FYE Feb 2016 *1 FYE Feb 2017 *1 FYE Feb 2018 *1 FYE Feb 2019 *1 FYE Feb 2020 *1 FYE Feb 2021 *1 FYE Feb 2022 *1 FYE Jan 2023 *1 FYE Jan 2024 *1 FYE Jan 2025 *1 FYE Jan 2026 *1 FYE Jan
Operating CF JPY ¥0.4bn¥0.4bn¥0.3bn¥1.4bn¥0.7bn¥0.8bn¥1.3bn¥0.1bn¥0.9bn¥0.1bn¥0.8bn¥1.7bn¥1.3bn
YoY % -4.1%-2.7%+295.3%-51.9%+26.5%+59.2%-89.5%+536.3%-92.7%+1186.3%+110.5%-24.9%
Investing CF JPY -¥0.1bn-¥0.3bn-¥0.4bn-¥0.3bn-¥0.4bn-¥0.6bn-¥0.5bn-¥0.9bn-¥1.6bn-¥0.7bn-¥0.1bn-¥0.8bn-¥1.7bn
Financing CF JPY -¥0.2bn¥0.1bn¥0.1bn¥0.6bn¥1.3bn¥0.1bn¥0.7bn-¥2.8bn¥1.2bn-¥0.0bn¥0.9bn-¥1.5bn¥1.1bn
Cash & equivalents JPY ¥0.6bn¥0.9bn¥1.0bn¥2.6bn¥4.0bn¥4.4bn¥6.1bn¥2.6bn¥3.1bn¥2.5bn¥4.2bn¥3.7bn¥4.4bn
YoY % +41.7%+12.6%+166.1%+58.2%+9.3%+39.3%-57.6%+20.7%-20.4%+66.2%-11.9%+19.8%
  • *1 Securities report (yuka shoken hokokusho), as filed
Key ratios Operating margin Net margin ROE Equity ratio

Profitability and balance-sheet strength (%). ROE uses year-end equity.

Ratios by fiscal year (%), with the year-on-year move in percentage points. Derived from the filed figures above.
Fiscal year Unit 2012 *1 FYE Feb 2013 *1 FYE Feb 2014 *1 FYE Feb 2015 *1 FYE Feb 2016 *1 FYE Feb 2017 *1 FYE Feb 2018 *1 FYE Feb 2019 *1 FYE Feb 2020 *1 FYE Feb 2021 *1 FYE Feb 2022 *1 FYE Jan 2023 *1 FYE Jan 2024 *1 FYE Jan 2025 *1 FYE Jan 2026 *1 FYE Jan
Operating margin % 14.1%10.8%13.8%12.3%10.1%8.5%1.4%5.4%1.1%4.4%7.3%8.2%
Change pp -3.3pp+3.0pp-1.5pp-2.2pp-1.6pp-7.1pp+4.0pp-4.3pp+3.3pp+2.9pp+0.9pp
Net margin % 8.6%7.1%9.2%8.8%6.9%6.1%-0.8%4.3%-2.8%1.7%3.8%5.1%
Change pp -1.5pp+2.1pp-0.4pp-1.9pp-0.8pp-6.9pp+5.1pp-7.1pp+4.5pp+2.1pp+1.3pp
ROE % 41.2%23.8%31.9%27.6%19.0%15.9%-3.5%12.9%-10.1%6.1%15.2%19.3%
Change pp -17.4pp+8.1pp-4.3pp-8.6pp-3.1pp-19.4pp+16.4pp-23.0pp+16.2pp+9.1pp+4.1pp
Equity ratio % 27.4%26.2%41.1%48.1%65.0%52.4%53.9%55.4%42.6%51.1%47.9%46.5%44.6%42.2%
Change pp -1.2pp+14.9pp+7.0pp+16.9pp-12.6pp+1.5pp-12.8pp+8.5pp-3.2pp-1.4pp-1.9pp-2.4pp
  • *1 Securities report (yuka shoken hokokusho), as filed
Revenue in US dollars Revenue (US$m)

The revenue line above, converted at the average ¥/US$ rate of each figure’s own year — never today’s.

Between 2012–2026, TOKYO BASE’s revenue grew 24-fold in yen (25.4% a year). Converted at each year’s own average rate, the same span is 12-fold in dollars (19.4% a year), from $13m to $150m. The dollar figure grew more slowly because the yen weakened over the period: part of the growth an investor sees in yen does not survive translation into dollars.

Revenue in millions of US dollars, converted at each year’s own average rate, with the yen figure as filed and the rate applied.
Fiscal year Unit 2012 *4 FYE Feb 2013 *4 FYE Feb 2014 *4 FYE Feb 2015 *4 FYE Feb 2016 *4 FYE Feb 2017 *4 FYE Feb 2018 *4 FYE Feb 2019 *4 FYE Feb 2020 *4 FYE Feb 2021 *4 FYE Feb 2022 *4 FYE Jan 2023 *4 FYE Jan 2024 *4 FYE Jan 2025 *4 FYE Jan 2026 *4,5 FYE Jan
Revenue USD $13m$19m$29m$37m$56m$84m$116m$128m$142m$134m$134m$137m$132m$135m$150m
YoY % +55.3%+50.5%+27.0%+50.7%+49.5%+38.3%+10.8%+10.8%-5.9%+0.1%+2.0%-3.4%+2.2%+11.0%
Revenue as filed JPY ¥1.0bn¥1.9bn¥3.1bn¥4.5bn¥6.1bn¥9.4bn¥13bn¥14bn¥15bn¥15bn¥18bn¥19bn¥20bn¥20bn¥24bn
Rate applied ¥/US$ ¥79.79¥97.60¥105.84¥121.02¥108.84¥112.16¥110.40¥109.01¥106.78¥109.78¥131.37¥140.51¥151.50¥149.65¥158.16
  • *1 1949-1971: Fixed Bretton Woods peg ¥360/$ (Dodge Line 1949; Smithsonian ¥308 from Dec 1971).
  • *2 1972: Smithsonian peg ¥308/$ (held until Feb 1973 float).
  • *3 1973-1979: JIL (Japan Institute for Labour Policy and Training) g0001.xlsx — fiscal-year (Apr–Mar) basis, integer-rounded. PROVISIONAL; upgrade to BOJ FXERM07 calendar-year later.
  • *4 1980-2026: Bank of Japan stat-search FM08'FXERM07 (Tokyo market, USD/JPY spot, 17:00 fixing, monthly average) — calendar-year average of monthly averages.
  • *5 Provisional — part-year average, not a full calendar year.

Every rate used, and where it comes from →

Reporting basis

Which accounting standard each stretch of the series was filed under, and whether the accounts are consolidated.

The series crosses 2 reporting regimes — parent-only Japanese GAAP for 2012–2019; and consolidated Japanese GAAP for 2020–2026. Figures are not strictly comparable across a change of basis: consolidation in particular adds subsidiaries that were previously outside the accounts.

Reporting regimes across the long series, oldest first.
Fiscal years Standard Basis Years
2012–2019 Japanese GAAP parent-only 8
2020–2026 Japanese GAAP consolidated 7
Download the long-term series (CSV) → Compiled from securities reports and other public filings. We do not guarantee accuracy or currency, and do not track post-filing corrections. Check the primary sources before relying on these figures.

All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →

Read the company history → 日本語版(詳細)— full financial data in Japanese →



Data API

TOKYO BASE’s history, financials, executives and shareholders are published as static JSON — no key, plain GET. Full specification →

/api/3415/manifest.json ·/api/3415/history.json ·/api/3415/timeline.json ·/api/3415/decisions.json ·/api/3415/executives.json ·/api/3415/shareholders.json ·/api/3415/financials.json ·/api/3415/financials-longterm.json ·/api/3415/segments.json ·/api/3415/regions.json ·/api/3415/workforce.json · /api/3415/decisions/{slug}.json

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