Buy Or Sell Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.5% to JP¥735. The fair value is estimated to be JP¥919, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • Aug 06
First quarter 2027 earnings released: EPS: JP¥25.87 (vs JP¥16.55 in 1Q 2026) First quarter 2027 results: EPS: JP¥25.87 (up from JP¥16.55 in 1Q 2026). Revenue: JP¥14.8b (up 13% from 1Q 2026). Net income: JP¥544.0m (up 56% from 1Q 2026). Profit margin: 3.7% (up from 2.7% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annonce • Jun 26
Toho Chemical Industry Company, Limited to Report Q1, 2027 Results on Aug 05, 2026 Toho Chemical Industry Company, Limited announced that they will report Q1, 2027 results on Aug 05, 2026 New Risk • May 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥15.2b market cap, or US$95.5m). Annonce • May 13
Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 25, 2026 Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 25, 2026. New Risk • Mar 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.9b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 0.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥15.9b market cap, or US$99.7m). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥20.11 (vs JP¥20.78 in 3Q 2025) Third quarter 2026 results: EPS: JP¥20.11 (down from JP¥20.78 in 3Q 2025). Revenue: JP¥13.5b (up 1.9% from 3Q 2025). Net income: JP¥423.0m (down 3.2% from 3Q 2025). Profit margin: 3.1% (down from 3.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Annonce • Dec 12
Toho Chemical Industry Company, Limited to Report Q3, 2026 Results on Feb 04, 2026 Toho Chemical Industry Company, Limited announced that they will report Q3, 2026 results on Feb 04, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: JP¥8.28 (vs JP¥16.22 in 2Q 2025) Second quarter 2026 results: EPS: JP¥8.28 (down from JP¥16.22 in 2Q 2025). Revenue: JP¥12.9b (down 3.8% from 2Q 2025). Net income: JP¥174.0m (down 49% from 2Q 2025). Profit margin: 1.3% (down from 2.5% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Annonce • Sep 23
Toho Chemical Industry Company, Limited to Report Q2, 2026 Results on Nov 07, 2025 Toho Chemical Industry Company, Limited announced that they will report Q2, 2026 results on Nov 07, 2025 Reported Earnings • Aug 07
First quarter 2026 earnings released: EPS: JP¥16.55 (vs JP¥24.54 in 1Q 2025) First quarter 2026 results: EPS: JP¥16.55 (down from JP¥24.54 in 1Q 2025). Revenue: JP¥13.1b (down 1.0% from 1Q 2025). Net income: JP¥348.0m (down 33% from 1Q 2025). Profit margin: 2.7% (down from 3.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year. Annonce • Jun 25
Toho Chemical Industry Company, Limited to Report Q1, 2026 Results on Aug 05, 2025 Toho Chemical Industry Company, Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥73.38 (vs JP¥25.97 in FY 2024) Full year 2025 results: EPS: JP¥73.38 (up from JP¥25.97 in FY 2024). Revenue: JP¥53.6b (up 6.0% from FY 2024). Net income: JP¥1.54b (up 183% from FY 2024). Profit margin: 2.9% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Annonce • May 14
Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 26, 2025 Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥588, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 11x in the Chemicals industry in Japan. Total returns to shareholders of 26% over the past three years. Annonce • Mar 25
Toho Chemical Industry Company, Limited to Report Fiscal Year 2025 Results on May 14, 2025 Toho Chemical Industry Company, Limited announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%). Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥20.78 (vs JP¥9.08 in 3Q 2024) Third quarter 2025 results: EPS: JP¥20.78 (up from JP¥9.08 in 3Q 2024). Revenue: JP¥13.3b (up 3.8% from 3Q 2024). Net income: JP¥437.0m (up 129% from 3Q 2024). Profit margin: 3.3% (up from 1.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annonce • Dec 14
Toho Chemical Industry Company, Limited to Report Q3, 2025 Results on Feb 05, 2025 Toho Chemical Industry Company, Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥16.22 (vs JP¥7.70 in 2Q 2024) Second quarter 2025 results: EPS: JP¥16.22 (up from JP¥7.70 in 2Q 2024). Revenue: JP¥13.4b (up 8.9% from 2Q 2024). Net income: JP¥341.0m (up 111% from 2Q 2024). Profit margin: 2.5% (up from 1.3% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annonce • Aug 29
Toho Chemical Industry Company, Limited to Report Q2, 2025 Results on Nov 06, 2024 Toho Chemical Industry Company, Limited announced that they will report Q2, 2025 results on Nov 06, 2024 New Risk • Aug 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥11.5b market cap, or US$77.6m). Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥24.54 (vs JP¥1.47 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥24.54 (up from JP¥1.47 loss in 1Q 2024). Revenue: JP¥13.2b (up 4.8% from 1Q 2024). Net income: JP¥516.0m (up JP¥547.0m from 1Q 2024). Profit margin: 3.9% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (JP¥12.8b market cap, or US$83.0m). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥681, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 45% over the past three years. Annonce • Jun 26
Toho Chemical Industry Company, Limited to Report Q1, 2025 Results on Aug 05, 2024 Toho Chemical Industry Company, Limited announced that they will report Q1, 2025 results on Aug 05, 2024 Reported Earnings • May 20
Full year 2024 earnings released: EPS: JP¥25.97 (vs JP¥46.31 in FY 2023) Full year 2024 results: EPS: JP¥25.97 (down from JP¥46.31 in FY 2023). Revenue: JP¥50.6b (down 8.6% from FY 2023). Net income: JP¥546.0m (down 44% from FY 2023). Profit margin: 1.1% (down from 1.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • May 16
Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 27, 2024 Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Annonce • Mar 07
Toho Chemical Industry Company, Limited to Report Fiscal Year 2024 Results on May 14, 2024 Toho Chemical Industry Company, Limited announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: JP¥9.08 (vs JP¥18.39 in 3Q 2023) Third quarter 2024 results: EPS: JP¥9.08 (down from JP¥18.39 in 3Q 2023). Revenue: JP¥12.8b (down 12% from 3Q 2023). Net income: JP¥191.0m (down 51% from 3Q 2023). Profit margin: 1.5% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annonce • Nov 30
Toho Chemical Industry Company, Limited to Report Q3, 2024 Results on Feb 05, 2024 Toho Chemical Industry Company, Limited announced that they will report Q3, 2024 results on Feb 05, 2024 Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥7.70 (vs JP¥7.46 in 2Q 2023) Second quarter 2024 results: EPS: JP¥7.70 (up from JP¥7.46 in 2Q 2023). Revenue: JP¥12.3b (down 15% from 2Q 2023). Net income: JP¥162.0m (up 3.2% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annonce • Sep 28
Toho Chemical Industry Company, Limited to Report Q2, 2024 Results on Nov 06, 2023 Toho Chemical Industry Company, Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: JP¥1.47 loss per share (vs JP¥1.04 loss in 1Q 2023) First quarter 2024 results: JP¥1.47 loss per share (further deteriorated from JP¥1.04 loss in 1Q 2023). Revenue: JP¥12.6b (down 3.6% from 1Q 2023). Net loss: JP¥31.0m (loss widened 41% from 1Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year. Annonce • May 31
Toho Chemical Industry Company, Limited to Report Q1, 2024 Results on Aug 07, 2023 Toho Chemical Industry Company, Limited announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥46.31 (vs JP¥65.41 in FY 2022) Full year 2023 results: EPS: JP¥46.31 (down from JP¥65.41 in FY 2022). Revenue: JP¥55.4b (up 11% from FY 2022). Net income: JP¥977.0m (down 30% from FY 2022). Profit margin: 1.8% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat. Annonce • May 14
Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 29, 2023 Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.8%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥18.39 (vs JP¥11.07 in 3Q 2022) Third quarter 2023 results: EPS: JP¥18.39 (up from JP¥11.07 in 3Q 2022). Revenue: JP¥14.6b (up 13% from 3Q 2022). Net income: JP¥387.0m (up 64% from 3Q 2022). Profit margin: 2.7% (up from 1.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annonce • Nov 30
Toho Chemical Industry Company, Limited to Report Q3, 2023 Results on Feb 07, 2023 Toho Chemical Industry Company, Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent External Director Syuji Ayabe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥7.46 (vs JP¥8.16 in 2Q 2022) Second quarter 2023 results: EPS: JP¥7.46 (down from JP¥8.16 in 2Q 2022). Revenue: JP¥14.4b (up 17% from 2Q 2022). Net income: JP¥157.0m (down 9.8% from 2Q 2022). Profit margin: 1.1% (down from 1.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annonce • Aug 31
Toho Chemical Industry Company, Limited to Report Q2, 2023 Results on Nov 04, 2022 Toho Chemical Industry Company, Limited announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: JP¥0.71 (vs JP¥21.57 in 1Q 2022) First quarter 2023 results: EPS: JP¥0.71 (down from JP¥21.57 in 1Q 2022). Revenue: JP¥13.1b (up 14% from 1Q 2022). Net income: JP¥15.0m (down 97% from 1Q 2022). Profit margin: 0.1% (down from 4.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annonce • Jun 04
Toho Chemical Industry Company, Limited to Report Q1, 2023 Results on Aug 04, 2022 Toho Chemical Industry Company, Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Annonce • May 28
Toho Chemical Industry Company, Limited (TSE:4409) announces an Equity Buyback for 300,000 shares, representing 1.41% for ¥156.9 million. Toho Chemical Industry Company, Limited (TSE:4409) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.41% of its share capital, for ¥156.9 million. The shares will be repurchased at a price of ¥523 per share. The purpose of the program is to carry out agile capital policies in response to changes in the business environment. The program will expire on May 30, 2022. As of March 31, 2022, the company had 21,328,010 shares in issue (excluding treasury stock) and 21,990 shares in treasury. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥65.41 (vs JP¥47.12 in FY 2021) Full year 2022 results: EPS: JP¥65.41 (up from JP¥47.12 in FY 2021). Revenue: JP¥49.9b (up 23% from FY 2021). Net income: JP¥1.40b (up 39% from FY 2021). Profit margin: 2.8% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annonce • May 15
Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 23, 2022 Toho Chemical Industry Company, Limited, Annual General Meeting, Jun 23, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 8 highly experienced directors. No independent directors (12 non-independent directors). External Director Kazutoshi Ochi was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annonce • Apr 08
Toho Chemical Industry Company, Limited to Report Fiscal Year 2022 Results on May 13, 2022 Toho Chemical Industry Company, Limited announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%). Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.07 (down from JP¥21.15 in 3Q 2021). Revenue: JP¥12.9b (up 22% from 3Q 2021). Net income: JP¥236.0m (down 48% from 3Q 2021). Profit margin: 1.8% (down from 4.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥8.16 (vs JP¥10.22 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥12.3b (up 26% from 2Q 2021). Net income: JP¥174.0m (down 20% from 2Q 2021). Profit margin: 1.4% (down from 2.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥47.12 (vs JP¥64.61 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.6b (down 3.6% from FY 2020). Net income: JP¥1.01b (down 27% from FY 2020). Profit margin: 2.5% (down from 3.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥47.12 (vs JP¥64.61 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.6b (down 3.6% from FY 2020). Net income: JP¥1.01b (down 27% from FY 2020). Profit margin: 2.5% (down from 3.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.9%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%). Annonce • Mar 21
Toho Chemical Industry Company, Limited to Report Fiscal Year 2021 Results on May 13, 2021 Toho Chemical Industry Company, Limited announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 24
New 90-day high: JP¥504 The company is up 15% from its price of JP¥439 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 3.0% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS JP¥21.15 (vs JP¥13.69 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥10.6b (down 1.9% from 3Q 2020). Net income: JP¥451.0m (up 55% from 3Q 2020). Profit margin: 4.3% (up from 2.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 04
New 90-day high: JP¥479 The company is up 8.0% from its price of JP¥443 on 06 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: JP¥454 The company is up 1.0% from its price of JP¥450 on 15 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥435 The company is down 4.0% from its price of JP¥452 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 13% over the same period. Annonce • Dec 05
Toho Chemical Industry Company, Limited to Report Q3, 2021 Results on Feb 04, 2021 Toho Chemical Industry Company, Limited announced that they will report Q3, 2021 results on Feb 04, 2021 Annonce • Sep 26
Toho Chemical Industry Company, Limited to Report Q2, 2021 Results on Nov 06, 2020 Toho Chemical Industry Company, Limited announced that they will report Q2, 2021 results on Nov 06, 2020 Annonce • Jun 19
Toho Chemical Industry Company, Limited to Report Q1, 2021 Results on Aug 04, 2020 Toho Chemical Industry Company, Limited announced that they will report Q1, 2021 results on Aug 04, 2020 
