Company profile

Watahan&Co.,Ltd.

EDINET
E31104
Securities
3199
Industry
Retail Trade
Latest annual securities report
2026-06-26 Annual Securities Report PDF HTML
Latest financial report
—
Latest filing
2026-06-30 Extraordinary Report PDF HTML
Compare this company

Industry position

Retail Trade

View details
Profitability Average Current Top 48% 5-year trend Broadly stable
Financial strength Weak Based on Equity ratio Current Bottom 18% 5-year trend Broadly stable
Growth Weak Current Bottom 27% 5-year trend Deteriorating
Cash generation Weak Current Bottom 22% 5-year trend Broadly stable

Latest half-year results

H1 FY2026

2025/04/01 - 2025/09/30

Consolidated · Japanese GAAP · Cumulative YTD

For H1 FY2026, revenue was ¥65.7 billion, up 0.3% year over year. Operating income was ¥1.93 billion, down 14.1% year over year. Net income was ¥1.14 billion, down 8.5% year over year.

Revenue ¥65.7B up 0.3% year over year
Operating income ¥1.93B down 14.1% year over year
Net income ¥1.14B down 8.5% year over year
Operating cash flow ¥942M
Free cash flow ¥367M
Total assets ¥79.52B

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Consolidated · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2026

Consolidated Japanese GAAP

Revenue reached ¥135.91 billion, up 1.4% year over year. Operating income was ¥4.61 billion, up 0.7% year over year. Operating margin was 3.4%. Net income was ¥2.13 billion, up 2.6% year over year. ROE was 8.7%; equity ratio was 29.4%; free cash flow was -¥355 million.

Revenue ¥135.91B up 1.4% year over year
Operating income ¥4.61B up 0.7% year over year
Net income ¥2.13B up 2.6% year over year
Total assets¥79.17B
Total equity—
Operating cash flow¥897M
Free cash flow-¥355M

Industry position details

Retail Trade

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Average

Operating margin Bottom 56% / ROE Top 41%

Financial strength Weak
Based on Equity ratio

Equity ratio Bottom 83%

Growth Weak

Revenue growth Bottom 67% / 3-year revenue CAGR Bottom 82%

Cash generation Weak

Operating cash flow margin Bottom 87% / Free cash flow margin Bottom 71%

Profitability Industry position history Broadly stable
2026 Top 48% 2025 Top 49% 2024 Bottom 45% 2023 Top 49% 2022 Top 39%
Financial strength Industry position history Broadly stable
2026 Bottom 18% 2025 Bottom 18% 2024 Bottom 21% 2023 Bottom 20% 2022 Bottom 24%
Growth Industry position history Deteriorating
2026 Bottom 27% 2025 Bottom 46% 2024 Bottom 27% 2023 Top 35% 2022 Top 49%
Cash generation Industry position history Broadly stable
2026 Bottom 22% 2025 Bottom 14% 2024 Top 14% 2023 Bottom 11% 2022 Bottom 15%
Profitability Operating margin 3.4% Industry median 3.8% Bottom 56% Comparison sample 246
Profitability ROE 8.7% Industry median 7.3% Top 41% Comparison sample 250
Financial strength Equity ratio 29.4% Industry median 46.6% Bottom 83% Comparison sample 250
Growth Revenue growth +1.4% Industry median +4.3% Bottom 67% Comparison sample 240
Growth 3-year revenue CAGR +0.4% Industry median +5.5% Bottom 82% Comparison sample 167
Cash generation Operating cash flow margin 0.7% Industry median 5.0% Bottom 87% Comparison sample 250
Cash generation Free cash flow margin -0.3% Industry median 1.3% Bottom 71% Comparison sample 250

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2026 Consolidated Japanese GAAP 135913000000 4614000000 3904000000 2130000000 2130000000 2457000000 79174000000 58400000000 24593000000 23276000000 24593000000 897000000 -1252000000 1309000000 -355000000 5147000000 110.57 13.0 1437.410 28689179945.400 1303.74 19958940 0.3106196479 0.294 0.086610011 0.0269027711 0.0339481874 0.0287242574 0.01567179 0.0065998102 -0.002611965 0.014177729 0.0072036673 0.0241343127 0.0255175734 -0.0245543139 0.0582185886 1.3117831074 0.3150984683 -0.7306584362 0.9245483528 0.3403645833 0.0568724909 0.0 0.0124183007 1549
FY2025 Consolidated Japanese GAAP 134013000000 4581000000 3812000000 2077000000 2077000000 1838000000 81167000000 56193000000 23240000000 22403000000 23240000000 -2877000000 -1828000000 4860000000 -4705000000 3840000000 104.62 15.3 1600.686 31947995832.840 1200.54 19958940 0.2863232595 0.293 0.0893717728 0.0255892173 0.0341832509 0.0284450016 0.0154984964 -0.0214680665 -0.0351085342 0.0434874015 0.2141531937 0.1776336114 0.1202804746 0.0286543482 0.0197902497 -1.2307692308 0.1576036866 1.5124420076 -1.4569292027 0.0414971522 0.1238586314 0.0013919887 -0.0340909091 1530
FY2024 Consolidated Japanese GAAP 128428000000 3773000000 3237000000 1854000000 1854000000 1925000000 78906000000 56481000000 22789000000 21709000000 22789000000 12467000000 -2170000000 -9484000000 10297000000 3687000000 93.09 16.8 1563.912 31170636598.752 1143.4 19931196 0.2888120042 0.287 0.0813550397 0.0234963121 0.0293783287 0.025204784 0.0144361043 0.0970738468 0.0801772199 -0.0443705308 0.1113402062 0.0588812561 0.1215970962 -0.1760971484 0.0723730648 4.4128113879 0.4514661274 -2.5388609443 2.3532658694 0.2842215256 0.1194083694 0.0018478535 0.006993007 1584
FY2023 Consolidated Japanese GAAP 134391000000 3395000000 3057000000 1653000000 1653000000 2272000000 95771000000 62950000000 21251000000 20242000000 21251000000 -3653000000 -3956000000 6163000000 -7609000000 2871000000 83.16 17.1 1422.036 28290601347.624 1068.23 19894434 0.2218938927 0.252 0.0777845748 0.0172599221 0.0252621083 0.022747059 0.0122999308 -0.0271818797 -0.0566183747 0.1725195977 -0.03141303 0.0411107634 -0.2500506998 0.2584386418 0.0984817784 -1.2374324345 0.0136395007 0.287472866 -0.3483056871 -0.3278525181 -0.2512829747 0.0018636857 -0.0037998733 1573
FY2022 Consolidated Japanese GAAP 114617274000 3505106000 2936287000 2204149000 2204149000 2227954000 76103035000 50205520000 19345792000 18956299000 19345792000 -1632675000 -4010704000 4786897000 -5643379000 4271384000 111.07 12.0 1332.840 26466771669.840 974.25 19857426 0.2542052626 0.278 0.1139342861 0.0289626951 0.0305809576 0.0256181891 0.0192305132 -0.0142445806 -0.0492367233 -0.0019013874 -0.2309458049 -0.1676433712 0.1483208246 0.2460150189 0.1033855925 -1.2342383457 -1.4172735409 2.6927660718 -2.0625913324 -0.1525504233 0.1456420835 0.0020867908 0.201674277 1579
FY2021 Consolidated Japanese GAAP 114835621000 4557684000 3527679000 1919454000 1919454000 1982377000 61077141000 41372908000 17533120000 17167431000 17533120000 6970144000 -1659185000 -2827855000 5310959000 5040281000 96.95 13.4 1299.130 25743656215.620 884.81 19816074 0.2870651722 0.298 0.1094758948 0.0314267166 0.0396887652 0.0307193793 0.0167147962 0.0606967066 0.0462483588 -0.0447321399 0.2133840374 0.253944348 0.2632125525 0.0049737505 0.1071144355 17.3997600085 0.1968737233 -2.4665928492 3.1321249192 0.971032521 -0.369963608 1.0051890245 0.0841584158 1314
FY2020 Consolidated Japanese GAAP 120213006000 3756176000 2813266000 1519502000 1519502000 1434544000 60774862000 46450084000 15836773000 15534007000 15836773000 -425015000 -2065908000 1928180000 -2490923000 2557178000 153.88 10.3 1584.964 15663243478.708 1602.54 9882397 0.2605809784 0.254 0.0959477035 0.0250021464 0.0312460034 0.023402343 0.0126400799 -0.0035355159 -0.020720911 0.1284885427 0.0767019607 0.1223223693 -0.0578286001 0.0382097946 0.0789574194 -1.7655789824 0.1074896445 9.1078989971 -0.4156502673 -0.1781088112 -0.0590681179 0.0021190488 0.0439276486 1212
FY2019 Consolidated Japanese GAAP 106525677000 3488594000 2506647000 1612766000 1612766000 1555057000 58538132000 44686405000 14677848000 14290123000 14677848000 555155000 -2314716000 -237815000 -1759561000 3111334000 163.54 13.1 2142.374 21127021201.000 1488.41 9861500 0.250739945 0.247 0.1098775515 0.0275506912 0.0327488555 0.0235309183 0.0151396926 0.0052114665 -0.0165177171 0.0392000042 -0.0139301055 0.0019934763 0.0869804922 0.0836410427 0.0922353082 -0.9130430765 -2.9113741169 0.9401486726 -1.3037673791 -0.3909301599 0.0869334042 0.0202108963 1161
FY2018 Consolidated Japanese GAAP 102507387000 3537877000 2501660000 1483712000 1483712000 1538245000 54019855000 42746250000 13438357000 12992924000 13438357000 6384253000 -591791000 -3973429000 5792462000 5108337000 150.46 27.4 4122.604 1362.72 0.248766995 0.239 0.1104087352 0.0274660493 0.0345133858 0.0244046802 0.0144741959 0.0622809066 0.056507752 0.1012692465 0.1447935967 0.2543289506 0.1035574322 0.0913831814 0.1054340371 0.0128026251 -0.7456292237 0.1436213685 -0.0288498455 0.5544720074 0.1035646179 -0.003502627 1138
FY2017 Consolidated Japanese GAAP 93081131000 3090406000 1994421000 1344481000 1344481000 1467924000 49496690000 39896091000 12156634000 11765734000 12156634000 6303551000 -339013000 -4639804000 5964538000 3286220000 136.34 12.7 1731.518 1232.74 0.2456049889 0.234 0.1105964858 0.0271630487 0.0332012081 0.021426695 0.0144441842 0.06772104 0.0640789163 0.0408540307 0.1182233801 0.1622459362 0.0639031435 0.0647864336 0.111692676 8.1902163295 0.8256371458 -3.7390782022 5.7397866176 0.6753709429 0.0639094811 0.1273445212 1142

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Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp