Joshin (TSE:8173) Interest Coverage: 22.94 (As of Mar. 2026) — 45% Below Median


TSE:8173 Joshin Corp TSE:8173
57 GF Score
Price 円3,695.00
GF Value 円2,621.67
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Joshin Interest Coverage?

Joshin TSE:8173 -9.44% 57 Interest Coverage is 22.94 as of Mar. 2026, which is 45% below its 10-year median of 41.81. GuruFocus rates TSE:8173 with a GF Score™ of 57/100 and a GF Value™ of 円2,621.67 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 825 Retail - Cyclical companies, Joshin ranks better than 63.76% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Joshin's Operating Income for the three months ended in Mar. 2026 was 円2,340 Mil. Joshin's Interest Expense for the three months ended in Mar. 2026 was 円-102 Mil. Joshin's interest coverage for the quarter that ended in Mar. 2026 was 22.94. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Joshin's Interest Coverage or its related term are showing as below:

TSE:8173' s Interest Coverage Range Over the Past 10 Years
Min: 13.27   Med: 41.81   Max: 79.57
Current: 14.42


TSE:8173's Interest Coverage is ranked better than
63.76% of 825 companies
in the Retail - Cyclical industry
Industry Median: 7.96 vs TSE:8173: 14.42

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Joshin  (TSE:8173) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Joshin Interest Coverage Related Terms


Joshin Interest Coverage Historical Data

* Premium members only.

The historical data trend for Joshin's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Joshin Interest Coverage Chart

Joshin Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.06 53.62 43.34 13.27 14.42

Joshin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.50 6.65 17.30 9.62 22.94

TSE:8173 vs CASY, WSM, DKS: Interest Coverage Comparison

For the Specialty Retail subindustry, Joshin's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Joshin Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Joshin's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Joshin's Interest Coverage falls into.


TSE:8173
57GF Score
Joshin Corp TSE:8173
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joshin Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Joshin's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Joshin's Interest Expense was 円-376 Mil. Its Operating Income was 円5,422 Mil. And its Long-Term Debt & Capital Lease Obligation was 円23,829 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5422/-376
=14.42

Joshin's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Joshin's Interest Expense was 円-102 Mil. Its Operating Income was 円2,340 Mil. And its Long-Term Debt & Capital Lease Obligation was 円23,829 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2340/-102
=22.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 22.94 mean?
Joshin (TSE:8173) has a Interest Coverage of 22.94 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Joshin and its competitors. This is 45% below median its historical median of 41.81. Over the past decade, Joshin's Interest Coverage has ranged from 13.27 to 79.57. According to the industry distribution chart, Joshin ranks #299 out of 825 companies in the Retail - Cyclical industry, placing it in the top 36.2%.
Is Joshin's Interest Coverage too high?
Joshin's current Interest Coverage of 22.94 is 45% below median its 10-year median of 41.81. Over the past 10 years, this metric has ranged from a low of 13.27 to a high of 79.57. The Retail - Cyclical industry median Interest Coverage is 7.96. Joshin's value of 22.94 is 188.2% above this industry median. Based on the distribution chart, Joshin ranks #299 out of 825 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Joshin has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Joshin's Interest Coverage compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Joshin ranks #299 out of 825 companies for Interest Coverage. This puts Joshin in the upper half of its industry. The industry median Interest Coverage is 7.96. Joshin's value of 22.94 is 188.2% above this benchmark. Historically, Joshin's own Interest Coverage has ranged from 13.27 to 79.57 over the past decade. While the company's 10-year median is 41.81 vs. the industry median of 7.96, Joshin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.96, based on 825 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Joshin's current Interest Coverage of 22.94 is 188.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Joshin and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joshin's current Interest Coverage is 22.94, which is 45% below median its own 10-year median of 41.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joshin stock overvalued right now?
Based on GuruFocus' analysis, Joshin (TSE:8173) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,621.67, compared to a current price of 円3,695.00 — trading 40.9% above its estimated fair value. The current Interest Coverage is 22.94, which is 45% below median its 10-year median of 41.81 and 188.2% above the Retail - Cyclical industry median of 7.96. Joshin's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Joshin (TSE:8173), the current Interest Coverage is 22.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Joshin (TSE:8173) Overvalued in 2026?

Based on GuruFocus' analysis, Joshin stock appears to be overvalued. The current stock price of 円3,695.00 is trading 40.9% above its estimated GF Value™ of 円2,621.67. GuruFocus considers Joshin to be Significantly Overvalued.

Key valuation signals for TSE:8173:

  • Interest Coverage: 22.94 (45% below median its 10-year median of 41.81)
  • GF Value™: 円2,621.67 vs. price of 円3,695.00 (40.9% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 188.2% above the Retail - Cyclical median (#299 of 825)

No single metric tells the full story. See the TSE:8173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joshin Business Description

Address 1-6-5 Nihonbashi Nishi, Naniwa-ku, Osaka, JPN, 556-8550
Joshin Corp is engaged in the sale of electric appliances. The company operates specialty stores for electrical home appliances, information communications equipment, entertainment products, housing equipment and other related products.
57GF Score

Get the complete analysis for TSE:8173

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,695.00
Price
円2,621.67
GF Value