Top Culture Co (TSE:7640) Shares Outstanding (Diluted Average): 25 Mil (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7640 Top Culture Co Ltd TSE:7640
44 GF Score
Price 円191.00
GF Value 円125.84
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Top Culture Co Shares Outstanding (Diluted Average)?

Top Culture Co TSE:7640 44 Shares Outstanding (Diluted Average) is 25 Mil as of Jul. 2026. GuruFocus rates TSE:7640 with a GF Score™ of 44/100 and a GF Value™ of 円125.84 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Top Culture Co's average diluted shares outstanding for the quarter that ended in Jul. 2026 was 25 Mil.


Top Culture Co  (TSE:7640) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Top Culture Co Shares Outstanding (Diluted Average) Related Terms


Top Culture Co Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Top Culture Co's Shares Outstanding (Diluted Average) 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.

Top Culture Co Shares Outstanding (Diluted Average) Chart

Top Culture Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.08 12.08 12.40 15.61 15.61

Top Culture Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Shares Outstanding (Diluted Average) 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 15.61 15.61 15.63 27.40 25.36
TSE:7640
44GF Score
Top Culture Co Ltd TSE:7640
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Culture Co Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Diluted Average) of 25 Mil mean?
Top Culture Co (TSE:7640) has a Shares Outstanding (Diluted Average) of 25 Mil as of Jul. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Top Culture Co and its competitors.
Is Top Culture Co's Shares Outstanding (Diluted Average) too high?
Top Culture Co's current Shares Outstanding (Diluted Average) is 25 Mil. Overall, Top Culture Co has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Culture Co's Shares Outstanding (Diluted Average) compare to CASY and WSM?
Top Culture Co's Shares Outstanding (Diluted Average) of 25 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for a Retail - Cyclical company?
A good Shares Outstanding (Diluted Average) depends on the Retail - Cyclical industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Top Culture Co and its competitors. Top Culture Co's current Shares Outstanding (Diluted Average) is 25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Culture Co stock overvalued right now?
Based on GuruFocus' analysis, Top Culture Co (TSE:7640) is currently considered Significantly Overvalued. The stock's GF Value™ is 円125.84, compared to a current price of 円191.00 — trading 51.8% above its estimated fair value. The current Shares Outstanding (Diluted Average) is 25 Mil. Top Culture Co's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Top Culture Co (TSE:7640), the current Shares Outstanding (Diluted Average) is 25 Mil as of Jul. 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 Top Culture Co (TSE:7640) Overvalued in 2026?

Based on GuruFocus' analysis, Top Culture Co stock appears to be overvalued. The current stock price of 円191.00 is trading 51.8% above its estimated GF Value™ of 円125.84. GuruFocus considers Top Culture Co to be Significantly Overvalued.

Key valuation signals for TSE:7640:

  • Shares Outstanding (Diluted Average): 25 Mil
  • GF Value™: 円125.84 vs. price of 円191.00 (51.8% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the TSE:7640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Culture Co Business Description

Address 4-9-1 Kobari, Nishi ward, Niigata, JPN, 950-2022
Top Culture Co Ltd is a speciality retail company. The firm mainly sells books, stationery, music and video software. The company owns and operates approximately 74 retail stores in Japan. In addition, the company is engaged in the management of sports facilities and maintenance of store facilities. Its reportable segments are: Tsutaya Bookstore Business, Games and trading cards business, Sports-related business, Visiting nurse business, and Catering business.
44GF Score

Get the complete analysis for TSE:7640

Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円191.00
Price
円125.84
GF Value