Prices as of 2026/10/30 close
Company comparison · Railway Construction




Tokyu Construction is the largest by revenue at ¥341.2B, followed by Nippon Densetsu (¥229.2B), Yahagi (¥169.4B) and Totetsu (¥163.0B).
Totetsu has the highest operating margin at 10.8%, 6.0 points above the lowest, Tokyu Construction (4.8%).
Revenue growth in the latest results: Yahagi +20.4%, Tokyu Construction +16.4%, Nippon Densetsu +5.7%, Totetsu +1.9%. For next year, Totetsu guides for the fastest operating profit growth (+2.3%).
Tokyu Construction pays the most on average (¥10.3M), ¥1.75M more than Yahagi (¥8.52M).
Over the past year the shares moved Nippon Densetsu +30.9%, Tokyu Construction +14.6%, Yahagi −4.3%, Totetsu −5.8%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Nippon Densetsu aheadTokyu Construction 1 : Nippon Densetsu 2 : Yahagi 0 : Totetsu 0
Revenue: Tokyu Construction ¥341.2B / Nippon Densetsu ¥229.2B / Yahagi ¥169.4B / Totetsu ¥163.0B
ProfitabilityInvestors
Totetsu aheadTokyu Construction 1 : Nippon Densetsu 0 : Yahagi 1 : Totetsu 2
Operating margin: Tokyu Construction 4.8% / Nippon Densetsu 10.3% / Yahagi 8.1% / Totetsu 10.8%
GrowthInvestors
EvenTokyu Construction 1 : Nippon Densetsu 1 : Yahagi 1 : Totetsu 1
Revenue growth (YoY): Tokyu Construction +16.4% / Nippon Densetsu +5.7% / Yahagi +20.4% / Totetsu +1.9%
Stock & balance sheetInvestors
Nippon Densetsu aheadTokyu Construction 0 : Nippon Densetsu 2 : Yahagi 1 : Totetsu 0
Share price, 1 year: Tokyu Construction +14.6% / Nippon Densetsu +30.9% / Yahagi −4.3% / Totetsu −5.8%
Pay & workforceJob seekers
Tokyu Construction aheadTokyu Construction 2 : Nippon Densetsu 0 : Yahagi 0 : Totetsu 0
Average salary: Tokyu Construction ¥10.3M / Nippon Densetsu ¥8.95M / Yahagi ¥8.52M / Totetsu ¥9.54M
| Metric | Tokyu Construction | Nippon Densetsu | Yahagi | Totetsu |
|---|---|---|---|---|
| Revenue | ◎¥341.2B | ¥229.2B | ¥169.4B | ¥163.0B |
| Operating profit | ¥16.3B | ◎¥23.6B | ¥13.7B | ¥17.6B |
| Net income | ¥13.4B | ◎¥18.1B | ¥8.5B | ¥12.8B |
| Metric | Tokyu Construction | Nippon Densetsu | Yahagi | Totetsu |
|---|---|---|---|---|
| Operating margin | 4.8% | 10.3% | 8.1% | ◎10.8% |
| Net margin | 3.9% | 7.9% | 5.0% | ◎7.9% |
| ROE | ◎12.6% | 8.8% | 11.7% | 10.2% |
| Revenue per employee | ¥133M | ¥89M | ◎¥164M | ¥95M |
| Metric | Tokyu Construction | Nippon Densetsu | Yahagi | Totetsu |
|---|---|---|---|---|
| Revenue growth (YoY) | +16.4% | +5.7% | ◎+20.4% | +1.9% |
| Operating profit growth (YoY) | ◎+84.5% | +31.4% | +58.8% | +13.4% |
| Guidance: revenue growthnext FY plan | −2.1% | ◎+5.7% | −11.5% | +2.4% |
| Guidance: op. profit growthnext FY plan | +1.2% | +1.4% | −34.5% | ◎+2.3% |
| Metric | Tokyu Construction | Nippon Densetsu | Yahagi | Totetsu |
|---|---|---|---|---|
| Share price, 1 year | +14.6% | ◎+30.9% | −4.3% | −5.8% |
| Share price, 3 months | +2.4% | −5.3% | ◎+7.4% | −4.8% |
| P/E (trailing)lower = cheaper | 9.4x | 12.0x | 10.6x | 10.7x |
| Equity ratio | 36.2% | ◎69.1% | 51.5% | 65.7% |
| Share price (close) | ¥1,191 | ¥3,720 | ¥2,080 | ¥3,985 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Tokyu Construction | Nippon Densetsu | Yahagi | Totetsu |
|---|---|---|---|---|
| Average salary | ◎¥10.3M | ¥8.95M | ¥8.52M | ¥9.54M |
| Starting salary (monthly) | ◎¥300,000 | ¥275,530 | ¥280,000 | ◎¥300,000 |
| Average tenure | ◎18.0 yrs | 16.7 yrs | 16.9 yrs | 14.5 yrs |
| Average age | 43.5 | 42.8 | 41.4 | 40.6 |
| Employees | 2,562 | 2,582 | 1,032 | 1,714 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥1,191+14.6% (1Y)
Tokyu Construction +14.6% over 1Y. Compared: Nippon Densetsu +30.9%, Yahagi -4.3%, Totetsu -5.8%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Tokyu Construction3 segments
Nippon Densetsu5 segments
Yahagi3 segments
Totetsu3 segments
AAverage annual salary from the securities filings: Tokyu Construction ¥10.3M, Totetsu ¥9.54M, Nippon Densetsu ¥8.95M, Yahagi ¥8.52M. Tokyu Construction pays the most. Averages also depend on staff age and job mix, so check the average age too (Tokyu Construction 43.5, Nippon Densetsu 42.8, Yahagi 41.4, Totetsu 40.6).
ARevenue in the latest results: Tokyu Construction ¥341.2B, Nippon Densetsu ¥229.2B, Yahagi ¥169.4B, Totetsu ¥163.0B. Tokyu Construction is the largest by revenue at ¥341.2B, followed by Nippon Densetsu (¥229.2B), Yahagi (¥169.4B) and Totetsu (¥163.0B).
AOperating margins: Totetsu 10.8%, Nippon Densetsu 10.3%, Yahagi 8.1%, Tokyu Construction 4.8%. Totetsu turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Nippon Densetsu +30.9%, Tokyu Construction +14.6%, Yahagi −4.3%, Totetsu −5.8%. Nippon Densetsu has risen the most.




Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.