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Tokyo Theatres Company, Incorporated (9633) AI Stock Analysis

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JP:9633

Tokyo Theatres Company, Incorporated

(TSE/TYO:9633)

Select Model
Rating:63Neutral
Price Target:JPY 2,057.00â–²(13.84% Upside)
Action:reiterated
Date:08/17/26

The score is supported primarily by attractive valuation (very low P/E) and an upward technical trend, but is held back by weak cash-flow quality (negative free cash flow) and volatile profitability, which reduce confidence in earnings sustainability.

Positive Factors
Revenue RecoveryThe revenue rebound indicates that the company has regained operating momentum after weaker periods and is benefiting from improved business activity. Continued top-line growth would support theater operations, ancillary sales, and related entertainment businesses over the next several quarters.
Negative Factors
Negative Free Cash FlowPersistent negative free cash flow means reported earnings are not translating into surplus cash available for debt reduction, distributions, or discretionary investment. Continued deficits may constrain capital allocation and make the company more dependent on operating improvement or external funding.

Tokyo Theatres Company, Incorporated (9633) vs. iShares MSCI Japan ETF (EWJ)

-10%0%10%20%30%40%50%JP:9633+28.55%EWJ+14.42%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
JPY 12.18B
Dividend Yield
1.11%
Average Volume (3M)
9,656
Price to Earnings (P/E)
4.4
Beta (1Y)
0.08
Revenue Growth
11.16%
EPS Growth
116.94%
Country
Japan
Employees
437
Sector
Industrials
Sector Strength
63
Industry
Conglomerates

Tokyo Theatres Company, Incorporated Business Overview & Revenue Model

Company Description

Tokyo Theatres Company, Incorporated is a Japanese enterprise with diverse operations spanning real estate, video entertainment, food services, and other ventures. Within its real estate segment, the company specializes in property leasing and manage...

How the Company Makes Money

Tokyo Theatres Company, Incorporated makes money primarily through (1) cinema/theater operations and (2) related ancillary and affiliated businesses. In its core cinema business, revenue is generated from ticket sales for films exhibited at the compa...

Tokyo Theatres Company, Incorporated Financial Statement Overview

Summary

Revenue has rebounded and the balance sheet shows manageable leverage, but profitability is volatile (sharp margin drop in 2026) and cash generation is a major weakness with persistently negative free cash flow and inconsistent operating cash flow.

Income Statement

56Neutral

Balance Sheet

70Positive

Cash Flow

32Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue21.00B20.66B18.39B17.09B16.32B13.06B
Gross Profit5.22B5.08B4.96B4.64B4.27B3.14B
EBITDA704.23M689.09M3.93B723.26M601.04M1.29B
Net Income2.76B833.99M3.04B233.49M188.01M825.67M
Balance Sheet
Total Assets33.86B30.08B28.91B24.56B23.58B23.93B
Cash, Cash Equivalents and Short-Term Investments4.91B4.33B3.62B2.40B2.34B3.73B
Total Debt5.77B5.62B6.18B5.38B5.10B5.84B
Total Liabilities14.28B13.31B13.35B11.83B11.60B11.88B
Stockholders Equity19.56B16.75B15.53B12.69B11.95B12.02B
Cash Flow
Free Cash Flow0-261.68M-2.92B-99.94M-317.75M-1.33B
Operating Cash Flow01.46B197.30M252.75M-103.39M-1.03B
Investing Cash Flow053.30M621.76M-265.05M-119.67M678.08M
Financing Cash Flow0-803.98M403.89M173.20M-1.10B-474.77M

Tokyo Theatres Company, Incorporated Technical Analysis

Technical Analysis SentimentPositive
Last Price1807.00

Price Trends

50DMA1829.14Negative
100DMA1747.13Positive
200DMA1668.28Positive

Market Momentum

MACD2.08Negative
RSI53.25Neutral
STOCH79.89Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9633, the sentiment is Positive. The current price of 1807.00 is above the 20-day moving average (MA) of 1772.70, below the 50-day MA of 1829.14, and above the 200-day MA of 1668.28, indicating a neutral trend. The MACD of 2.08 indicates Negative momentum. The RSI at 53.25 is Neutral, neither overbought nor oversold. The STOCH value of 79.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9633.

Tokyo Theatres Company, Incorporated Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

JP:9633 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:9418JP:941864NeutralJPY 334.78B22.23―0.93%20.38%-18.68%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
JP:9633JP:963363NeutralJPY 13.74B4.42―1.11%11.16%116.94%
JP:9008JP:900862NeutralJPY 453.86B10.639.60%2.86%9.62%9.03%
JP:9041JP:904162NeutralJPY 681.43B12.309.20%1.85%1.93%22.25%
JP:9042JP:904257NeutralJPY 1.15T14.566.96%2.12%6.41%11.38%
JP:9024JP:902448NeutralJPY 1.00T23.51―1.12%-41.04%-82.38%

* Industrials Sector Average

Performance Comparison

-40%-20%0%20%40%JP:9633JP:9042JP:9041JP:9008JP:9024JP:9418Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
JP:9633 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:9633Tokyo Theatres Company, Incorporated1807.00394.3827.92%
JP:9042Hankyu Hanshin Holdings 4720.00834.4321.48%
JP:9041Kintetsu Group Holdings Co 3506.00655.6723.00%
JP:9008Keio Corporation768.5021.032.81%
JP:9024Seibu Holdings, Inc.3834.00-1177.28-23.49%
JP:9418U-NEXT HOLDINGS Co.Ltd.1831.00-174.87-8.72%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026