QualityRatio

177 Tokyo Stock Exchange companies earning 15% or more on their capital

177companies

Return on invested capital above fifteen percent, computed from the statements it filed.

Stocks · Non-US shares · Tokyo Stock Exchange (JPX) · Ranked by Return on invested capital in percent, highest first · Rebuilt 2026-11-07 at 09:25 UTC

How this list is built

Return on invested capital is operating profit after tax over the debt and equity the company employs, computed from its newest filed statements. The screen: companies listed on Tokyo Stock Exchange, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 1,944 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.

The list

50 of 177 companies

Earns its keep on the capital it uses, ranked by Return on invested capital, highest first
#	Company	Market	Sector	Return on invested capital, in percent	Gross margin, in percent	Net margin, in percent	Debt to equity, in ratio	Return on invested capital over time	Source
1	JPX:268ARigaku Holdings Corp	JPX	Technology	1480.3%	56.1%	12.1%	0.70	Return on invested capital, return on invested capital: 243.22 on 2022-12-31 to 1480.31 on 2025-12-31, up 509%.	Source n/a
2	JPX:3922PR TIMES, Inc.	JPX	Communication Services	256.9%	84.4%	25.1%	0.0001	Return on invested capital, return on invested capital: 84.90 on 2017-02-28 to 256.88 on 2026-02-28, up 203%.	Source n/a
3	JPX:3692FFRI Security, Inc.	JPX	Technology	227.4%	60.7%	25.3%	0.002	Return on invested capital, return on invested capital: 101.17 on 2022-03-31 to 227.39 on 2026-03-31, up 125%.	Source n/a
4	JPX:9552Quants Research Institute Holdings, Inc.	JPX	Financial Services	162.3%	60.4%	16.6%	0.14	n/a	Source n/a
5	JPX:3983oRo Co., Ltd.	JPX	Technology	137.9%	65.7%	22.8%	0.10	Return on invested capital, return on invested capital: 91.45 on 2020-12-31 to 137.95 on 2025-12-31, up 51%.	Source n/a
6	JPX:6083ERI Holdings Co., Ltd.	JPX	Industrials	123.5%	37.5%	12.7%	0.28	Return on invested capital, return on invested capital: 89.01 on 2017-05-31 to 123.51 on 2026-05-31, up 39%.	Source n/a
7	JPX:8136Sanrio Company, Ltd.	JPX	Consumer Cyclical	109.3%	76.5%	28.1%	0.12	Return on invested capital, return on invested capital: 16.86 on 2017-03-31 to 109.30 on 2026-03-31, up 548%.	Source n/a
8	JPX:3040Soliton Systems K.K.	JPX	Technology	89.4%	46.8%	11.6%	0.01	Return on invested capital, return on invested capital: 43.43 on 2016-12-31 to 89.39 on 2025-12-31, up 106%.	Source n/a
9	JPX:6058Vector Inc.	JPX	Communication Services	88.2%	66.9%	8.0%	0.38	Return on invested capital, return on invested capital: 26.44 on 2017-02-28 to 88.17 on 2026-02-28, up 233%.	Source n/a
10	JPX:2371Kakaku.com, Inc.	JPX	Communication Services	86.3%	28.9%	20.0%	0.05	Return on invested capital, return on invested capital: 120.89 on 2018-03-31 to 86.30 on 2026-03-31, down 29%.	Source n/a
11	JPX:3937Ubicom Holdings, Inc.	JPX	Technology	79.0%	42.2%	14.9%	0.05	Return on invested capital, return on invested capital: 56.62 on 2017-03-31 to 79.00 on 2026-03-31, up 40%.	Source n/a
12	JPX:6857Advantest Corporation	JPX	Technology	75.8%	64.3%	33.3%	0.03	Return on invested capital, return on invested capital: 65.61 on 2017-03-31 to 75.77 on 2026-03-31, up 15%.	Source n/a
13	JPX:6532BayCurrent, Inc	JPX	Industrials	73.7%	56.6%	25.5%	0.06	Return on invested capital, return on invested capital: 6.06 on 2017-02-28 to 73.65 on 2026-02-28, up 1115%.	Source n/a
14	JPX:3843FreeBit Co., Ltd.	JPX	Communication Services	66.6%	26.4%	6.6%	1.82	Return on invested capital, return on invested capital: 0.28 on 2017-04-30 to 66.61 on 2026-04-30, up 23689%.	Source n/a
15	JPX:4396System Support Inc.	JPX	Technology	64.6%	29.4%	6.0%	0.38	Return on invested capital, return on invested capital: 27.66 on 2017-06-30 to 64.57 on 2026-06-30, up 133%.	Source n/a
16	JPX:2146UT Group Co., Ltd.	JPX	Industrials	63.6%	18.0%	4.3%	0.32	Return on invested capital, return on invested capital: 48.56 on 2017-03-31 to 63.58 on 2026-03-31, up 31%.	Source n/a
17	JPX:4931Shinnihonseiyaku Co., Ltd.	JPX	Consumer Cyclical	62.2%	79.2%	6.2%	0.003	Return on invested capital, return on invested capital: 81.61 on 2017-09-30 to 62.22 on 2025-09-30, down 24%.	Source n/a
18	JPX:3399Maruchiyo Yamaokaya Corporation	JPX	Consumer Cyclical	62.1%	67.9%	8.6%	0.18	Return on invested capital, return on invested capital: 5.17 on 2017-01-31 to 62.08 on 2026-01-31, up 1101%.	Source n/a
19	JPX:4784GMO internet, Inc.	JPX	Technology	62.1%	33.1%	7.1%	0.64	Return on invested capital, return on invested capital: -0.61 on 2023-12-31 to 62.06 on 2025-12-31, up 10274%.	Source n/a
20	JPX:9467AlphaPolis Co., Ltd.	JPX	Communication Services	57.5%	74.4%	13.9%	0.01	Return on invested capital, return on invested capital: 6.56 on 2017-03-31 to 57.47 on 2026-03-31, up 776%.	Source n/a
21	JPX:3939Kanamic Network Co.,LTD	JPX	Healthcare	55.9%	64.3%	20.2%	0.14	Return on invested capital, return on invested capital: 95.73 on 2016-09-30 to 55.93 on 2025-09-30, down 42%.	Source n/a
22	JPX:7014Namura Shipbuilding Co., Ltd.	JPX	Industrials	55.6%	22.8%	13.6%	0.16	Return on invested capital, return on invested capital: -8.74 on 2019-03-31 to 55.65 on 2026-03-31, up 737%.	Source n/a
23	JPX:6101Tsugami Corporation	JPX	Industrials	49.3%	37.1%	13.0%	0.11	Return on invested capital, return on invested capital: 7.15 on 2017-03-31 to 49.29 on 2026-03-31, up 589%.	Source n/a
24	JPX:212AFIT EASY Inc.	JPX	Consumer Cyclical	49.0%	35.2%	15.7%	0.09	Return on invested capital, return on invested capital: 30.15 on 2022-10-31 to 49.02 on 2025-10-31, up 63%.	Source n/a
25	JPX:6098Recruit Holdings Co., Ltd.	JPX	Communication Services	48.8%	59.2%	13.4%	0.12	Return on invested capital, return on invested capital: 20.65 on 2017-03-31 to 48.75 on 2026-03-31, up 136%.	Source n/a
26	JPX:6088SIGMAXYZ Holdings Inc.	JPX	Industrials	45.6%	49.5%	16.7%	0.001	Return on invested capital, return on invested capital: 24.88 on 2017-03-31 to 45.60 on 2026-03-31, up 83%.	Source n/a
27	JPX:3633GMO Pepabo, Inc.	JPX	Technology	44.6%	54.4%	8.0%	0.31	Return on invested capital, return on invested capital: 70.97 on 2022-12-31 to 44.59 on 2025-12-31, down 37%.	Source n/a
28	JPX:8157Tsuzuki Denki Co., Ltd.	JPX	Industrials	43.5%	24.1%	6.2%	0.17	Return on invested capital, return on invested capital: 5.93 on 2017-03-31 to 43.49 on 2026-03-31, up 633%.	Source n/a
29	JPX:4768Otsuka Corporation	JPX	Technology	43.4%	19.1%	4.9%	0.02	Return on invested capital, return on invested capital: 32.83 on 2016-12-31 to 43.38 on 2025-12-31, up 32%.	Source n/a
30	JPX:4718Waseda Academy Co., Ltd.	JPX	Consumer Defensive	42.2%	32.4%	6.6%	0.03	Return on invested capital, return on invested capital: 12.78 on 2017-03-31 to 42.16 on 2026-03-31, up 230%.	Source n/a
31	JPX:4413Baudroie,inc.	JPX	Technology	42.0%	34.4%	14.1%	0.33	Return on invested capital, return on invested capital: 122.04 on 2020-02-28 to 42.01 on 2026-02-28, down 66%.	Source n/a
32	JPX:4732USS Co., Ltd.	JPX	Consumer Cyclical	41.7%	62.8%	36.3%	0.01	Return on invested capital, return on invested capital: 26.18 on 2017-03-31 to 41.74 on 2026-03-31, up 59%.	Source n/a
33	JPX:6227AIMECHATEC, Ltd.	JPX	Technology	41.1%	28.2%	10.1%	0.27	Return on invested capital, return on invested capital: 14.21 on 2019-06-30 to 41.13 on 2026-06-30, up 189%.	Source n/a
34	JPX:6036KeePer Technical Laboratory Co., Ltd.	JPX	Basic Materials	40.9%	47.6%	37.9%	0.05	Return on invested capital, return on invested capital: 15.40 on 2018-06-30 to 40.93 on 2026-06-30, up 166%.	Source n/a
35	JPX:2130Members Co., Ltd.	JPX	Communication Services	40.3%	26.4%	5.0%	0.11	Return on invested capital, return on invested capital: 37.67 on 2017-03-31 to 40.28 on 2026-03-31, up 7%.	Source n/a
36	JPX:2148ITmedia Inc.	JPX	Communication Services	40.2%	61.4%	14.3%	0.02	Return on invested capital, return on invested capital: 24.33 on 2017-03-31 to 40.16 on 2026-03-31, up 65%.	Source n/a
37	JPX:4051GMO Financial Gate, Inc.	JPX	Industrials	39.4%	35.0%	9.1%	0.34	Return on invested capital, return on invested capital: 30.40 on 2020-09-30 to 39.44 on 2025-09-30, up 30%.	Source n/a
38	JPX:7936ASICS Corporation	JPX	Consumer Cyclical	39.3%	53.7%	12.2%	0.36	Return on invested capital, return on invested capital: 8.91 on 2016-12-31 to 39.34 on 2025-12-31, up 342%.	Source n/a
39	JPX:6226Moriya Transportation Engineering and Manufacturing Co.,Ltd.	JPX	Industrials	39.0%	35.6%	17.5%	0.001	Return on invested capital, return on invested capital: 17.71 on 2020-03-31 to 38.97 on 2026-03-31, up 120%.	Source n/a
40	JPX:4346Nexyz. Group Corporation	JPX	Industrials	37.7%	48.3%	3.3%	1.63	Return on invested capital, return on invested capital: 44.63 on 2016-09-30 to 37.74 on 2025-09-30, down 15%.	Source n/a
41	JPX:2353Nippon Parking Development Co., Ltd.	JPX	Industrials	36.5%	40.0%	14.3%	1.13	Return on invested capital, return on invested capital: 127.68 on 2017-07-31 to 36.53 on 2026-07-31, down 71%.	Source n/a
42	JPX:3064MonotaRO Co., Ltd.	JPX	Consumer Cyclical	36.0%	29.8%	9.7%	0.11	Return on invested capital, return on invested capital: 37.89 on 2016-12-31 to 35.97 on 2025-12-31, down 5%.	Source n/a
43	JPX:7609Daitron Co., Ltd.	JPX	Technology	34.1%	20.0%	4.8%	0.01	Return on invested capital, return on invested capital: 14.24 on 2016-12-31 to 34.06 on 2025-12-31, up 139%.	Source n/a
44	JPX:6387Samco Inc.	JPX	Technology	33.8%	51.3%	20.7%	0.07	Return on invested capital, return on invested capital: 7.08 on 2018-07-31 to 33.75 on 2026-07-31, up 377%.	Source n/a
45	JPX:8704Traders Holdings Co.,Ltd.	JPX	Financial Services	33.7%	96.1%	32.1%	0.06	n/a	Source n/a
46	JPX:2998CREAL Inc.	JPX	Financial Services	33.4%	20.4%	5.1%	0.76	n/a	Source n/a
47	JPX:2175SMS Co., Ltd.	JPX	Healthcare	33.3%	81.5%	-22.1%	0.27	Return on invested capital, return on invested capital: 11.86 on 2017-03-31 to 33.29 on 2026-03-31, up 181%.	Source n/a
48	JPX:7554Kourakuen Holdings Corporation	JPX	Consumer Cyclical	32.7%	67.0%	3.9%	0.19	Return on invested capital, return on invested capital: 0.59 on 2017-03-31 to 32.67 on 2026-03-31, up 5437%.	Source n/a
49	JPX:8624Ichiyoshi Securities Co., Ltd.	JPX	Financial Services	32.2%	99.7%	17.9%	0.01	n/a	Source n/a
50	JPX:6547Greens Co.,Ltd.	JPX	Consumer Cyclical	32.1%	33.2%	9.3%	1.11	Return on invested capital, return on invested capital: 18.32 on 2017-06-30 to 32.06 on 2026-06-30, up 75%.	Source n/a

This is the top of the list. The rest is a page away and no plan is needed for it.

Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.

Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.