Prices as of 2026/10/30 close
Company comparison · Rental Housing & Property Management


Token is the bigger company, with revenue of ¥386.5B — 1.5x Starts's ¥251.9B.
Starts earns more on each yen of sales, with an operating margin of 14.4% — 8.6 points above Token (5.8%).
Revenue growth in the latest results: Starts +8.1%, Token +5.4%. For next year, Starts guides for the fastest operating profit growth (+10.3%).
Starts pays more on average — ¥6.58M against ¥6.22M at Token.
Over the past year the shares moved Starts −4.0%, Token −10.5%.
Head-to-head wins15 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
Starts aheadToken 1 : Starts 2
Revenue: Token ¥386.5B / Starts ¥251.9B
ProfitabilityInvestors
Starts aheadToken 0 : Starts 3
Operating margin: Token 5.8% / Starts 14.4%
GrowthInvestors
Starts aheadToken 0 : Starts 4
Revenue growth (YoY): Token +5.4% / Starts +8.1%
Stock & balance sheetInvestors
Starts aheadToken 0 : Starts 2
Share price, 1 year: Token −10.5% / Starts −4.0%
Pay & workforceJob seekers
Starts aheadToken 1 : Starts 2
Average salary: Token ¥6.22M / Starts ¥6.58M
| Metric | Token | Starts | Gap |
|---|---|---|---|
| Revenue | ◎¥386.5B | ¥251.9B | 1.5x |
| Operating profit | ¥22.4B | ◎¥36.3B | 1.6x |
| Net income | ¥16.2B | ◎¥25.3B | 1.6x |
| Metric | Token | Starts | Gap |
|---|---|---|---|
| Operating margin | 5.8% | ◎14.4% | 8.6pt |
| Net margin | 4.2% | ◎10.0% | 5.9pt |
| ROE | 12.9% | — | |
| Revenue per employee | ¥68M | ◎¥1.6B | 24.0x |
| Metric | Token | Starts | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +5.4% | ◎+8.1% | 2.7pt |
| Operating profit growth (YoY) | +0.5% | ◎+11.2% | 10.7pt |
| Revenue CAGR | — | +4.8% | |
| Guidance: revenue growthnext FY plan | +5.6% | ◎+15.1% | 9.5pt |
| Guidance: op. profit growthnext FY plan | −9.8% | ◎+10.3% | 20.1pt |
| Metric | Token | Starts | Gap |
|---|---|---|---|
| Share price, 1 year | −10.5% | ◎−4.0% | 6.5pt |
| Share price, 3 months | −7.5% | ◎−6.5% | 1.0pt |
| P/E (trailing)lower = cheaper | 10.2x | — | |
| Equity ratio | 54.0% | — | |
| Share price (close) | ¥12,610 | ¥4,510 |
◎ 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 | Token | Starts | Gap |
|---|---|---|---|
| Average salary | ¥6.22M | ◎¥6.58M | ¥0.36M |
| Starting salary (monthly) | ◎¥270,000 | ¥232,000 | ¥38,000 |
| Average tenure | 6.8 yrs | ◎14.6 yrs | 7.8 |
| Average age | 39.7 | 37.5 | 2.2 |
| Employees | 5,718 | 155 | 36.9x |
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)
¥12,610-10.5% (1Y)
Token -10.5% over 1Y. Compared: Starts -4.0%.
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.
Token3 segments
Starts4 segments
AAverage annual salary from the securities filings: Starts ¥6.58M, Token ¥6.22M. Starts pays the most. Averages also depend on staff age and job mix, so check the average age too (Token 39.7, Starts 37.5).
ARevenue in the latest results: Token ¥386.5B, Starts ¥251.9B. Token is the bigger company, with revenue of ¥386.5B — 1.5x Starts's ¥251.9B.
AOperating margins: Starts 14.4%, Token 5.8%. Starts turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Starts −4.0%, Token −10.5%. Starts has risen the most.


Comparing 2 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.