Tokuyama（TBT）株式概要株式会社トクヤマは日本で様々な化学製品を製造・販売している。 詳細TBT ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長4/6過去の実績1/6財務の健全性5/6配当金3/6報酬株価収益率（ 14.4 x） German市場（ 17 x）を下回っています。収益は年間24.13%増加すると予測されています 同業他社や業界と比較して、良好な取引価格 リスク分析リスクチェックの結果、TBT 、リスクは検出されなかった。すべてのリスクチェックを見るTBT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€23.603.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-101b496b2016201920222025202620282031Revenue JP¥496.0bEarnings JP¥31.5bAdvancedSet Fair ValueView all narrativesTokuyama Corporation 競合他社AlzChem GroupSymbol: XTRA:ACTMarket cap: €1.7bEvonik IndustriesSymbol: XTRA:EVKMarket cap: €8.1bUzin UtzSymbol: XTRA:UZUMarket cap: €322.8mSymriseSymbol: XTRA:SY1Market cap: €11.0b価格と性能株価の高値、安値、推移の概要Tokuyama過去の株価現在の株価JP¥23.6052週高値JP¥27.0052週安値JP¥16.90ベータ0.471ヶ月の変化18.59%3ヶ月変化5.36%1年変化39.65%3年間の変化65.04%5年間の変化38.82%IPOからの変化-11.28%最新ニュースBoard Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026お知らせ • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.お知らせ • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026お知らせ • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.最新情報をもっと見るRecent updatesBoard Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.お知らせ • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026お知らせ • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.お知らせ • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026お知らせ • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.お知らせ • Sep 11Tokuyama Corporation to Report Q2, 2026 Results on Oct 29, 2025Tokuyama Corporation announced that they will report Q2, 2026 results on Oct 29, 2025お知らせ • Jun 14Tokuyama Corporation to Report Q1, 2026 Results on Jul 29, 2025Tokuyama Corporation announced that they will report Q1, 2026 results on Jul 29, 2025お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 24, 2025Tokuyama Corporation, Annual General Meeting, Jun 24, 2025.お知らせ • Mar 20Tokuyama Corporation to Report Fiscal Year 2025 Results on Apr 28, 2025Tokuyama Corporation announced that they will report fiscal year 2025 results on Apr 28, 2025お知らせ • Dec 04Tokuyama Corporation to Report Q3, 2025 Results on Jan 31, 2025Tokuyama Corporation announced that they will report Q3, 2025 results on Jan 31, 2025Reported Earnings • Oct 29Second quarter 2025 earnings released: EPS: JP¥58.92 (vs JP¥26.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥58.92 (up from JP¥26.74 in 2Q 2024). Revenue: JP¥83.0b (up 2.2% from 2Q 2024). Net income: JP¥4.24b (up 120% from 2Q 2024). Profit margin: 5.1% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).お知らせ • Sep 06Tokuyama Corporation to Report Q2, 2025 Results on Oct 29, 2024Tokuyama Corporation announced that they will report Q2, 2025 results on Oct 29, 2024Reported Earnings • Jul 28First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥59.82 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥59.82 in 1Q 2024). Revenue: JP¥82.5b (down 2.8% from 1Q 2024). Net income: JP¥7.40b (up 72% from 1Q 2024). Profit margin: 9.0% (up from 5.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 301%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 05Now 20% undervaluedOver the last 90 days, the stock has risen 2.4% to €16.90. The fair value is estimated to be €21.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.お知らせ • Jun 17Tokuyama Corporation to Report Q1, 2025 Results on Jul 26, 2024Tokuyama Corporation announced that they will report Q1, 2025 results on Jul 26, 2024お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 25, 2024Tokuyama Corporation, Annual General Meeting, Jun 25, 2024.Reported Earnings • Apr 28Full year 2024 earnings released: EPS: JP¥247 (vs JP¥130 in FY 2023)Full year 2024 results: EPS: JP¥247 (up from JP¥130 in FY 2023). Revenue: JP¥342.0b (down 2.8% from FY 2023). Net income: JP¥17.8b (up 90% from FY 2023). Profit margin: 5.2% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 28Tokuyama Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Tokuyama Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥78.93 (vs JP¥27.26 in 3Q 2023)Third quarter 2024 results: EPS: JP¥78.93 (up from JP¥27.26 in 3Q 2023). Revenue: JP¥84.2b (down 9.2% from 3Q 2023). Net income: JP¥5.68b (up 190% from 3Q 2023). Profit margin: 6.7% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.お知らせ • Nov 29Tokuyama Corporation to Report Q3, 2024 Results on Jan 31, 2024Tokuyama Corporation announced that they will report Q3, 2024 results on Jan 31, 2024Buying Opportunity • Nov 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.4%. The fair value is estimated to be €17.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥26.74 (vs JP¥28.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.74 (down from JP¥28.95 in 2Q 2023). Revenue: JP¥81.2b (down 1.4% from 2Q 2023). Net income: JP¥1.92b (down 7.6% from 2Q 2023). Profit margin: 2.4% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Buying Opportunity • Oct 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €16.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Buying Opportunity • Oct 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be €17.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).お知らせ • Aug 30Tokuyama Corporation to Report Q2, 2024 Results on Oct 27, 2023Tokuyama Corporation announced that they will report Q2, 2024 results on Oct 27, 2023お知らせ • Jul 29+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tokuyama Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 30,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 305.77 per share.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥59.82 (vs JP¥62.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥59.82 (down from JP¥62.29 in 1Q 2023). Revenue: JP¥84.9b (up 1.0% from 1Q 2023). Net income: JP¥4.30b (down 4.0% from 1Q 2023). Profit margin: 5.1% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.お知らせ • May 28Tokuyama Corporation to Report Q1, 2024 Results on Jul 27, 2023Tokuyama Corporation announced that they will report Q1, 2024 results on Jul 27, 2023Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥130 (vs JP¥389 in FY 2022)Full year 2023 results: EPS: JP¥130 (down from JP¥389 in FY 2022). Revenue: JP¥351.8b (up 20% from FY 2022). Net income: JP¥9.36b (down 67% from FY 2022). Profit margin: 2.7% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥27.25 (vs JP¥57.25 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.25 (down from JP¥57.25 in 3Q 2022). Revenue: JP¥92.6b (up 17% from 3Q 2022). Net income: JP¥1.96b (down 52% from 3Q 2022). Profit margin: 2.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Jan 31Tokuyama Corporation Revises Earnings Forecast for Fiscal 2022Tokuyama Corporation has revised earnings forecast for Fiscal 2022 (April 1, 2022 to March 31, 2023). For the period, the company expects net sales to be JPY 356,000 as compared to previous JPY 370,000. Operating profit to be JPY 21,000 as compared to previous JPY 18,000. Profit attribute to owners of parents to be JPY 12,000 as compared to previous JPY 15,000. Basic EPS to be JPY 166.78 as compared to previous JPY 208.47. The performance forecast for the full fiscal year ending March 31, 2023 has been revised as above from the previous performance forecast released on October 28, 2022, based on overseas vinyl chloride products market conditions and other factors.Buying Opportunity • Jan 06Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €15.79, 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 declined by 4.0%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 5.9% per annum over the same time period.お知らせ • Nov 27Tokuyama Corporation to Report Q3, 2023 Results on Jan 31, 2023Tokuyama Corporation announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori 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 • Oct 30Second quarter 2023 earnings released: EPS: JP¥28.95 (vs JP¥59.97 in 2Q 2022)Second quarter 2023 results: EPS: JP¥28.95 (down from JP¥59.97 in 2Q 2022). Revenue: JP¥82.4b (up 26% from 2Q 2022). Net income: JP¥2.08b (down 52% from 2Q 2022). Profit margin: 2.5% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.お知らせ • Oct 29+ 1 more updateTokuyama Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Tokuyama Corporation announced dividend for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 35.00 against JPY 35.00 a year ago. The dividend will be payable on December 1, 2022. For the year ending March 31, 2023, the company expects to pay dividend of JPY 35.00 against JPY 35.00 a year ago.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).お知らせ • Sep 16Tokuyama Corporation to Report Q2, 2023 Results on Oct 28, 2022Tokuyama Corporation announced that they will report Q2, 2023 results on Oct 28, 2022Reported Earnings • Jul 28First quarter 2023 earnings released: EPS: JP¥62.29 (vs JP¥68.64 in 1Q 2022)First quarter 2023 results: EPS: JP¥62.29 (down from JP¥68.64 in 1Q 2022). Revenue: JP¥84.0b (up 25% from 1Q 2022). Net income: JP¥4.48b (down 9.3% from 1Q 2022). Profit margin: 5.3% (down from 7.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.お知らせ • Jul 28+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, company net sales to be JPY 360,000 million, operating profit to be JPY 24,500 million, profit attributable to owners of parent to be JPY 17,500 million and basic earnings per share to be JPY 243.22.お知らせ • Jun 22Tokuyama Corporation to Report Q1, 2023 Results on Jul 27, 2022Tokuyama Corporation announced that they will report Q1, 2023 results on Jul 27, 2022お知らせ • May 02Tokuyama Corporation, Annual General Meeting, Jun 24, 2022Tokuyama Corporation, Annual General Meeting, Jun 24, 2022.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥389 (vs JP¥351 in FY 2021)Full year 2022 results: EPS: JP¥389 (up from JP¥351 in FY 2021). Revenue: JP¥293.8b (down 2.8% from FY 2021). Net income: JP¥28.0b (up 14% from FY 2021). Profit margin: 9.5% (up from 8.1% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 01Tokuyama Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022Tokuyama Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥57.25 (down from JP¥134 in 3Q 2021). Revenue: JP¥78.9b (up 1.7% from 3Q 2021). Net income: JP¥4.12b (down 56% from 3Q 2021). Profit margin: 5.2% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.6%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year.お知らせ • Jan 31+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2022Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ended March 31, 2022. For the year, the company expects net sales to be JPY 293,000 million, operating profit to be JPY 22,000 million, profit attributable to owners of parent of JPY 22,000 million and basic earnings per share were JPY 305.66.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥59.97 (vs JP¥68.95 in 2Q 2021)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥65.2b (down 10% from 2Q 2021). Net income: JP¥4.32b (down 9.9% from 2Q 2021). Profit margin: 6.6% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).Reported Earnings • Jul 29First quarter 2022 earnings released: EPS JP¥68.64 (vs JP¥74.94 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥67.5b (down 4.4% from 1Q 2021). Net income: JP¥4.94b (down 5.1% from 1Q 2021). Profit margin: 7.3% (down from 7.4% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥351 (vs JP¥287 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥302.4b (down 4.3% from FY 2020). Net income: JP¥24.5b (up 23% from FY 2020). Profit margin: 8.1% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).お知らせ • Mar 21Tokuyama Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021Tokuyama Corporation announced that they will report fiscal year 2021 results on Apr 28, 2021お知らせ • Feb 26Tokuyama Corporation Announces Executive Changes, Effective April 1, 2021Tokuyama Corporation announced appointment of Hideo Sugimura and Hiroshi Nomura as representative director from previous role as Director. The company appointed Hideki Adachi as director from Representative Director. The changes are effective April 1, 2021.Is New 90 Day High Low • Feb 23New 90-day high: €21.20The company is up 18% from its price of €18.00 on 24 November 2020. The German 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 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.95 per share.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥134 (vs JP¥110 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¥77.6b (down 7.4% from 3Q 2020). Net income: JP¥9.32b (up 23% from 3Q 2020). Profit margin: 12% (up from 9.1% 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 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.9% growth forecast for the Chemicals industry in Germany.お知らせ • Jan 29Tokuyama Corporation Revises Its Earnings Forecast for the Full Year Ending March 31, 2021Tokuyama Corporation revised its earnings forecast for the full year ending March 31, 2021. For the period, the company revises its basic EPS guidance to JPY 374.34 per share against pervious guidance of JPY 316.75 per share. The company revises its operating profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its ordinary profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its profit attributable to owners of parent guidance to JPY 26,000 million against pervious guidance of JPY 22,000 million. The performance forecast for the full fiscal year ending March 31, 2021 has been revised from the previous performance forecast released on October 28, 2020, based on the current performance trend such as upturn in export prices of vinyl chloride monomer and vinyl chloride resin.Is New 90 Day High Low • Jan 28New 90-day high: €20.80The company is up 11% from its price of €18.70 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €38.39 per share.お知らせ • Dec 24Tokuyama Corporation to Report Q3, 2021 Results on Jan 29, 2021Tokuyama Corporation announced that they will report Q3, 2021 results on Jan 29, 2021Is New 90 Day High Low • Dec 24New 90-day low: €17.40The company is down 17% from its price of €21.00 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.56 per share.Is New 90 Day High Low • Nov 19New 90-day low: €17.60The company is down 10.0% from its price of €19.50 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.54 per share.Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 1.1% compared to a 3.6% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥68.95The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥72.7b (down 4.7% from 2Q 2020). Net income: JP¥4.79b (down 14% from 2Q 2020). Profit margin: 6.6% (down from 7.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.Is New 90 Day High Low • Oct 31New 90-day low: €18.70The company is down 4.0% from its price of €19.40 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.15 per share.Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥19.5b, down 39% from the prior year. Total revenue was JP¥306.6b over the last 12 months, down 5.6% from the prior year.お知らせ • Oct 29Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion.Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion on October 28, 2020. Under the terms of the agreement Tokuyama will issue 2.5 million shares based on exchange ratio of 0.68. Post completion of the transaction, A& T will be delisted from JASDAQ and will operate as a wholly owned subsidiary of Tokuyamam. The transaction is subject to approval from A& T's shareholders. The transaction has been unanimously approved by A& T's board of directors. The shareholder's meeting is scheduled to be held on December 22, 2020. A& T established a special committee formed of three people, none of whom has interest in Tokuyama: Jun Mitani, Akira Tori and Ryo Suzuki. The transaction is expected to close on February 1, 2021. The impact of the transaction is expected to be minor on the operating results for each of Tokuyama and A& T. Mori Hamada & Matsumoto LPC acted as legal advisor for Tokuyama. acted as financial advisor for Tokuyama. Anderson Mori & Tomotsune LPC acted as legal advisor for A& T. Mizuho Securities Co., Ltd. acted as financial advisor for A& T.お知らせ • Oct 06Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043).Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043) on September 25, 2020. Pre-acquisition, Rengo Co., Ltd. holds 20% stake and Tokuyama Corporation holds 80% stake in SunTox. Post completion, SunTox will operate as a subsidiary of Rengo Co., Ltd. SunTox reported net sales of ¥18 billion as of March 31, 2020. The transaction is subject to the approval pertaining to the Antimonopoly Act from the Japan Fair Trade Commission. The transaction is approved by the Board of Rengo. The transaction is expected to complete on October 1, 2020.お知らせ • Sep 26Tokuyama Corporation Announces to Establishment of Joint Venture in Taiwan with Formosa Plastics CorporationTokuyama Corporation announced that at its Board meeting held on September 25, 2020 the decision was taken to establish a joint venture in Taiwan with Formosa Plastics Corporation for the purpose of manufacturing and selling high-purity isopropyl alcohol (IPA) for the electronics industry. With the establishment of this joint venture, the Company will build an integrated production system from propylene as a raw material in Taiwan and, to further expand its high-purity IPA business, establish a production and supply system that immediately responds to the needs of its customers in Taiwan.お知らせ • Sep 19Tokuyama Corporation to Report Q2, 2021 Results on Oct 28, 2020Tokuyama Corporation announced that they will report Q2, 2021 results on Oct 28, 2020お知らせ • Jun 29Tokuyama Corporation to Report Q1, 2021 Results on Jul 28, 2020Tokuyama Corporation announced that they will report Q1, 2021 results on Jul 28, 2020株主還元TBTDE ChemicalsDE 市場7D-4.1%-0.3%3.2%1Y39.6%5.7%2.5%株主還元を見る業界別リターン: TBT過去 1 年間で5.7 % の収益を上げたGerman Chemicals業界を上回りました。リターン対市場: TBT過去 1 年間で2.5 % の収益を上げたGerman市場を上回りました。価格変動Is TBT's price volatile compared to industry and market?TBT volatilityTBT Average Weekly Movement7.9%Chemicals Industry Average Movement6.1%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: TBT 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: TBTの 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19185,782Tomohiro Inouewww.tokuyama.co.jp株式会社トクヤマは日本で様々な化学製品を製造・販売している。同社は6つのセグメントを通じて事業を展開している：化学品、セメント、電子・先端材料、ライフサイエンス、エコビジネス、その他。化学品事業では、苛性ソーダ、ソーダ灰、塩化カルシウム、ケイ酸ソーダカレット、炭酸水素ナトリウム、精製塩、塩化ビニルモノマー、塩化ビニル樹脂、プロピレンオキサイド、塩化メチレン、クロロホルムを提供している。セメント事業は、セメント、生コンクリート、セメント系固化材を供給し、資源リサイクル事業も行っている。電子・先端材料部門は、多結晶シリコン、ヒュームドシリカ、テトラクロロシラン、窒化アルミニウム、電子製造用高純度化学品、フォトレジスト現像液、イソプロピルアルコールなどを提供している。ライフサイエンス事業では、医療診断システム、歯科材料・機器、医薬原料・中間体、眼鏡用プラスチックレンズ関連材料、微多孔膜などを提供している。エコ事業では、樹脂サッシ、イオン交換膜、廃石膏ボードのリサイクル事業を行っている。旧社名は徳山曹達株式会社で、1994年4月に株式会社トクヤマに商号変更した。株式会社トクヤマは1918年に設立され、東京に本社を置く。もっと見るTokuyama Corporation 基礎のまとめTokuyama の収益と売上を時価総額と比較するとどうか。TBT 基礎統計学時価総額€1.73b収益（TTM）€120.20m売上高(TTM)€1.89b14.4xPER（株価収益率0.9xP/SレシオTBT は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計TBT 損益計算書（TTM）収益JP¥349.48b売上原価JP¥224.53b売上総利益JP¥124.95bその他の費用JP¥102.74b収益JP¥22.21b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）308.64グロス・マージン35.75%純利益率6.35%有利子負債／自己資本比率52.0%TBT の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.7%現在の配当利回り39%配当性向TBT 配当は確実ですか？TBT 配当履歴とベンチマークを見るTBT 、いつまでに購入すれば配当金を受け取れますか？Tokuyama 配当日配当落ち日Mar 30 2026配当支払日Jun 29 2026配当落ちまでの日数55 days配当支払日までの日数36 daysTBT 配当は確実ですか？TBT 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 08:27終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tokuyama Corporation 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Takayuki KuniiBofA Global ResearchMasao YoshidaCLSAHirokazu MitsudaDaiwa Securities Co. Ltd.11 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026
お知らせ • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.
お知らせ • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026
お知らせ • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.
お知らせ • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026
お知らせ • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.
お知らせ • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026
お知らせ • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.
お知らせ • Sep 11Tokuyama Corporation to Report Q2, 2026 Results on Oct 29, 2025Tokuyama Corporation announced that they will report Q2, 2026 results on Oct 29, 2025
お知らせ • Jun 14Tokuyama Corporation to Report Q1, 2026 Results on Jul 29, 2025Tokuyama Corporation announced that they will report Q1, 2026 results on Jul 29, 2025
お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 24, 2025Tokuyama Corporation, Annual General Meeting, Jun 24, 2025.
お知らせ • Mar 20Tokuyama Corporation to Report Fiscal Year 2025 Results on Apr 28, 2025Tokuyama Corporation announced that they will report fiscal year 2025 results on Apr 28, 2025
お知らせ • Dec 04Tokuyama Corporation to Report Q3, 2025 Results on Jan 31, 2025Tokuyama Corporation announced that they will report Q3, 2025 results on Jan 31, 2025
Reported Earnings • Oct 29Second quarter 2025 earnings released: EPS: JP¥58.92 (vs JP¥26.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥58.92 (up from JP¥26.74 in 2Q 2024). Revenue: JP¥83.0b (up 2.2% from 2Q 2024). Net income: JP¥4.24b (up 120% from 2Q 2024). Profit margin: 5.1% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).
お知らせ • Sep 06Tokuyama Corporation to Report Q2, 2025 Results on Oct 29, 2024Tokuyama Corporation announced that they will report Q2, 2025 results on Oct 29, 2024
Reported Earnings • Jul 28First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥59.82 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥59.82 in 1Q 2024). Revenue: JP¥82.5b (down 2.8% from 1Q 2024). Net income: JP¥7.40b (up 72% from 1Q 2024). Profit margin: 9.0% (up from 5.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 301%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 05Now 20% undervaluedOver the last 90 days, the stock has risen 2.4% to €16.90. The fair value is estimated to be €21.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
お知らせ • Jun 17Tokuyama Corporation to Report Q1, 2025 Results on Jul 26, 2024Tokuyama Corporation announced that they will report Q1, 2025 results on Jul 26, 2024
お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 25, 2024Tokuyama Corporation, Annual General Meeting, Jun 25, 2024.
Reported Earnings • Apr 28Full year 2024 earnings released: EPS: JP¥247 (vs JP¥130 in FY 2023)Full year 2024 results: EPS: JP¥247 (up from JP¥130 in FY 2023). Revenue: JP¥342.0b (down 2.8% from FY 2023). Net income: JP¥17.8b (up 90% from FY 2023). Profit margin: 5.2% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 28Tokuyama Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Tokuyama Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥78.93 (vs JP¥27.26 in 3Q 2023)Third quarter 2024 results: EPS: JP¥78.93 (up from JP¥27.26 in 3Q 2023). Revenue: JP¥84.2b (down 9.2% from 3Q 2023). Net income: JP¥5.68b (up 190% from 3Q 2023). Profit margin: 6.7% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.
お知らせ • Nov 29Tokuyama Corporation to Report Q3, 2024 Results on Jan 31, 2024Tokuyama Corporation announced that they will report Q3, 2024 results on Jan 31, 2024
Buying Opportunity • Nov 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.4%. The fair value is estimated to be €17.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥26.74 (vs JP¥28.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.74 (down from JP¥28.95 in 2Q 2023). Revenue: JP¥81.2b (down 1.4% from 2Q 2023). Net income: JP¥1.92b (down 7.6% from 2Q 2023). Profit margin: 2.4% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Oct 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €16.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Buying Opportunity • Oct 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be €17.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
お知らせ • Aug 30Tokuyama Corporation to Report Q2, 2024 Results on Oct 27, 2023Tokuyama Corporation announced that they will report Q2, 2024 results on Oct 27, 2023
お知らせ • Jul 29+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tokuyama Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 30,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 305.77 per share.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥59.82 (vs JP¥62.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥59.82 (down from JP¥62.29 in 1Q 2023). Revenue: JP¥84.9b (up 1.0% from 1Q 2023). Net income: JP¥4.30b (down 4.0% from 1Q 2023). Profit margin: 5.1% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • May 28Tokuyama Corporation to Report Q1, 2024 Results on Jul 27, 2023Tokuyama Corporation announced that they will report Q1, 2024 results on Jul 27, 2023
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥130 (vs JP¥389 in FY 2022)Full year 2023 results: EPS: JP¥130 (down from JP¥389 in FY 2022). Revenue: JP¥351.8b (up 20% from FY 2022). Net income: JP¥9.36b (down 67% from FY 2022). Profit margin: 2.7% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).
Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥27.25 (vs JP¥57.25 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.25 (down from JP¥57.25 in 3Q 2022). Revenue: JP¥92.6b (up 17% from 3Q 2022). Net income: JP¥1.96b (down 52% from 3Q 2022). Profit margin: 2.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31Tokuyama Corporation Revises Earnings Forecast for Fiscal 2022Tokuyama Corporation has revised earnings forecast for Fiscal 2022 (April 1, 2022 to March 31, 2023). For the period, the company expects net sales to be JPY 356,000 as compared to previous JPY 370,000. Operating profit to be JPY 21,000 as compared to previous JPY 18,000. Profit attribute to owners of parents to be JPY 12,000 as compared to previous JPY 15,000. Basic EPS to be JPY 166.78 as compared to previous JPY 208.47. The performance forecast for the full fiscal year ending March 31, 2023 has been revised as above from the previous performance forecast released on October 28, 2022, based on overseas vinyl chloride products market conditions and other factors.
Buying Opportunity • Jan 06Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €15.79, 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 declined by 4.0%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 5.9% per annum over the same time period.
お知らせ • Nov 27Tokuyama Corporation to Report Q3, 2023 Results on Jan 31, 2023Tokuyama Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori 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 • Oct 30Second quarter 2023 earnings released: EPS: JP¥28.95 (vs JP¥59.97 in 2Q 2022)Second quarter 2023 results: EPS: JP¥28.95 (down from JP¥59.97 in 2Q 2022). Revenue: JP¥82.4b (up 26% from 2Q 2022). Net income: JP¥2.08b (down 52% from 2Q 2022). Profit margin: 2.5% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
お知らせ • Oct 29+ 1 more updateTokuyama Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Tokuyama Corporation announced dividend for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 35.00 against JPY 35.00 a year ago. The dividend will be payable on December 1, 2022. For the year ending March 31, 2023, the company expects to pay dividend of JPY 35.00 against JPY 35.00 a year ago.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).
お知らせ • Sep 16Tokuyama Corporation to Report Q2, 2023 Results on Oct 28, 2022Tokuyama Corporation announced that they will report Q2, 2023 results on Oct 28, 2022
Reported Earnings • Jul 28First quarter 2023 earnings released: EPS: JP¥62.29 (vs JP¥68.64 in 1Q 2022)First quarter 2023 results: EPS: JP¥62.29 (down from JP¥68.64 in 1Q 2022). Revenue: JP¥84.0b (up 25% from 1Q 2022). Net income: JP¥4.48b (down 9.3% from 1Q 2022). Profit margin: 5.3% (down from 7.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
お知らせ • Jul 28+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, company net sales to be JPY 360,000 million, operating profit to be JPY 24,500 million, profit attributable to owners of parent to be JPY 17,500 million and basic earnings per share to be JPY 243.22.
お知らせ • Jun 22Tokuyama Corporation to Report Q1, 2023 Results on Jul 27, 2022Tokuyama Corporation announced that they will report Q1, 2023 results on Jul 27, 2022
お知らせ • May 02Tokuyama Corporation, Annual General Meeting, Jun 24, 2022Tokuyama Corporation, Annual General Meeting, Jun 24, 2022.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥389 (vs JP¥351 in FY 2021)Full year 2022 results: EPS: JP¥389 (up from JP¥351 in FY 2021). Revenue: JP¥293.8b (down 2.8% from FY 2021). Net income: JP¥28.0b (up 14% from FY 2021). Profit margin: 9.5% (up from 8.1% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 01Tokuyama Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022Tokuyama Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥57.25 (down from JP¥134 in 3Q 2021). Revenue: JP¥78.9b (up 1.7% from 3Q 2021). Net income: JP¥4.12b (down 56% from 3Q 2021). Profit margin: 5.2% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.6%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year.
お知らせ • Jan 31+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2022Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ended March 31, 2022. For the year, the company expects net sales to be JPY 293,000 million, operating profit to be JPY 22,000 million, profit attributable to owners of parent of JPY 22,000 million and basic earnings per share were JPY 305.66.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥59.97 (vs JP¥68.95 in 2Q 2021)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥65.2b (down 10% from 2Q 2021). Net income: JP¥4.32b (down 9.9% from 2Q 2021). Profit margin: 6.6% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
Reported Earnings • Jul 29First quarter 2022 earnings released: EPS JP¥68.64 (vs JP¥74.94 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥67.5b (down 4.4% from 1Q 2021). Net income: JP¥4.94b (down 5.1% from 1Q 2021). Profit margin: 7.3% (down from 7.4% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥351 (vs JP¥287 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥302.4b (down 4.3% from FY 2020). Net income: JP¥24.5b (up 23% from FY 2020). Profit margin: 8.1% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).
お知らせ • Mar 21Tokuyama Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021Tokuyama Corporation announced that they will report fiscal year 2021 results on Apr 28, 2021
お知らせ • Feb 26Tokuyama Corporation Announces Executive Changes, Effective April 1, 2021Tokuyama Corporation announced appointment of Hideo Sugimura and Hiroshi Nomura as representative director from previous role as Director. The company appointed Hideki Adachi as director from Representative Director. The changes are effective April 1, 2021.
Is New 90 Day High Low • Feb 23New 90-day high: €21.20The company is up 18% from its price of €18.00 on 24 November 2020. The German 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 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.95 per share.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥134 (vs JP¥110 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¥77.6b (down 7.4% from 3Q 2020). Net income: JP¥9.32b (up 23% from 3Q 2020). Profit margin: 12% (up from 9.1% 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 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.9% growth forecast for the Chemicals industry in Germany.
お知らせ • Jan 29Tokuyama Corporation Revises Its Earnings Forecast for the Full Year Ending March 31, 2021Tokuyama Corporation revised its earnings forecast for the full year ending March 31, 2021. For the period, the company revises its basic EPS guidance to JPY 374.34 per share against pervious guidance of JPY 316.75 per share. The company revises its operating profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its ordinary profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its profit attributable to owners of parent guidance to JPY 26,000 million against pervious guidance of JPY 22,000 million. The performance forecast for the full fiscal year ending March 31, 2021 has been revised from the previous performance forecast released on October 28, 2020, based on the current performance trend such as upturn in export prices of vinyl chloride monomer and vinyl chloride resin.
Is New 90 Day High Low • Jan 28New 90-day high: €20.80The company is up 11% from its price of €18.70 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €38.39 per share.
お知らせ • Dec 24Tokuyama Corporation to Report Q3, 2021 Results on Jan 29, 2021Tokuyama Corporation announced that they will report Q3, 2021 results on Jan 29, 2021
Is New 90 Day High Low • Dec 24New 90-day low: €17.40The company is down 17% from its price of €21.00 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.56 per share.
Is New 90 Day High Low • Nov 19New 90-day low: €17.60The company is down 10.0% from its price of €19.50 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.54 per share.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 1.1% compared to a 3.6% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥68.95The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥72.7b (down 4.7% from 2Q 2020). Net income: JP¥4.79b (down 14% from 2Q 2020). Profit margin: 6.6% (down from 7.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.
Is New 90 Day High Low • Oct 31New 90-day low: €18.70The company is down 4.0% from its price of €19.40 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.15 per share.
Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥19.5b, down 39% from the prior year. Total revenue was JP¥306.6b over the last 12 months, down 5.6% from the prior year.
お知らせ • Oct 29Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion.Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion on October 28, 2020. Under the terms of the agreement Tokuyama will issue 2.5 million shares based on exchange ratio of 0.68. Post completion of the transaction, A& T will be delisted from JASDAQ and will operate as a wholly owned subsidiary of Tokuyamam. The transaction is subject to approval from A& T's shareholders. The transaction has been unanimously approved by A& T's board of directors. The shareholder's meeting is scheduled to be held on December 22, 2020. A& T established a special committee formed of three people, none of whom has interest in Tokuyama: Jun Mitani, Akira Tori and Ryo Suzuki. The transaction is expected to close on February 1, 2021. The impact of the transaction is expected to be minor on the operating results for each of Tokuyama and A& T. Mori Hamada & Matsumoto LPC acted as legal advisor for Tokuyama. acted as financial advisor for Tokuyama. Anderson Mori & Tomotsune LPC acted as legal advisor for A& T. Mizuho Securities Co., Ltd. acted as financial advisor for A& T.
お知らせ • Oct 06Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043).Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043) on September 25, 2020. Pre-acquisition, Rengo Co., Ltd. holds 20% stake and Tokuyama Corporation holds 80% stake in SunTox. Post completion, SunTox will operate as a subsidiary of Rengo Co., Ltd. SunTox reported net sales of ¥18 billion as of March 31, 2020. The transaction is subject to the approval pertaining to the Antimonopoly Act from the Japan Fair Trade Commission. The transaction is approved by the Board of Rengo. The transaction is expected to complete on October 1, 2020.
お知らせ • Sep 26Tokuyama Corporation Announces to Establishment of Joint Venture in Taiwan with Formosa Plastics CorporationTokuyama Corporation announced that at its Board meeting held on September 25, 2020 the decision was taken to establish a joint venture in Taiwan with Formosa Plastics Corporation for the purpose of manufacturing and selling high-purity isopropyl alcohol (IPA) for the electronics industry. With the establishment of this joint venture, the Company will build an integrated production system from propylene as a raw material in Taiwan and, to further expand its high-purity IPA business, establish a production and supply system that immediately responds to the needs of its customers in Taiwan.
お知らせ • Sep 19Tokuyama Corporation to Report Q2, 2021 Results on Oct 28, 2020Tokuyama Corporation announced that they will report Q2, 2021 results on Oct 28, 2020
お知らせ • Jun 29Tokuyama Corporation to Report Q1, 2021 Results on Jul 28, 2020Tokuyama Corporation announced that they will report Q1, 2021 results on Jul 28, 2020
