TOA（1885）株式概要TOAコーポレーションは日本で建設とエンジニアリングサービスを提供している。 詳細1885 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0/6過去の実績5/6財務の健全性6/6配当金4/6報酬株価収益率（ 8.1 x） JP市場（ 14 x）を下回っています。過去1年間で収益は29.9%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析今後3年間の収益は年平均1.7%減少すると予測されている。 不安定な配当実績 すべてのリスクチェックを見る1885 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW476,782 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA476,782 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥2.04k15.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-7b402b2016201920222025202620282031Revenue JP¥401.5bEarnings JP¥21.7bAdvancedSet Fair ValueView all narrativesTOA Corporation 競合他社Techno RyowaSymbol: TSE:1965Market cap: JP¥115.4bRaito KogyoSymbol: TSE:1926Market cap: JP¥155.4bTotetsu KogyoSymbol: TSE:1835Market cap: JP¥143.8bYurtecSymbol: TSE:1934Market cap: JP¥164.3b価格と性能株価の高値、安値、推移の概要TOA過去の株価現在の株価JP¥2,036.0052週高値JP¥4,680.0052週安値JP¥1,879.00ベータ0.171ヶ月の変化-0.44%3ヶ月変化-27.42%1年変化4.68%3年間の変化151.75%5年間の変化245.82%IPOからの変化-16.56%最新ニュースDeclared Dividend • Jul 25Final dividend of JP¥38.50 announcedShareholders will receive a dividend of JP¥38.50. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.3% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jun 04TOA Corporation to Report Q1, 2027 Results on Aug 04, 2026TOA Corporation announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 04, 2026分析記事 • May 24TOA's (TSE:1885) Performance Is Even Better Than Its Earnings SuggestInvestors were underwhelmed by the solid earnings posted by TOA Corporation ( TSE:1885 ) recently. Our analysis says...お知らせ • May 13TOA Corporation, Annual General Meeting, Jun 26, 2026TOA Corporation, Annual General Meeting, Jun 26, 2026.Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥85.84 (vs JP¥63.66 in 3Q 2025)Third quarter 2026 results: EPS: JP¥85.84 (up from JP¥63.66 in 3Q 2025). Revenue: JP¥91.9b (up 2.0% from 3Q 2025). Net income: JP¥6.64b (up 31% from 3Q 2025). Profit margin: 7.2% (up from 5.6% in 3Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,735, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Construction industry in Japan. Total returns to shareholders of 557% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,218 per share.最新情報をもっと見るRecent updatesDeclared Dividend • Jul 25Final dividend of JP¥38.50 announcedShareholders will receive a dividend of JP¥38.50. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.3% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jun 04TOA Corporation to Report Q1, 2027 Results on Aug 04, 2026TOA Corporation announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 04, 2026分析記事 • May 24TOA's (TSE:1885) Performance Is Even Better Than Its Earnings SuggestInvestors were underwhelmed by the solid earnings posted by TOA Corporation ( TSE:1885 ) recently. Our analysis says...お知らせ • May 13TOA Corporation, Annual General Meeting, Jun 26, 2026TOA Corporation, Annual General Meeting, Jun 26, 2026.Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥85.84 (vs JP¥63.66 in 3Q 2025)Third quarter 2026 results: EPS: JP¥85.84 (up from JP¥63.66 in 3Q 2025). Revenue: JP¥91.9b (up 2.0% from 3Q 2025). Net income: JP¥6.64b (up 31% from 3Q 2025). Profit margin: 7.2% (up from 5.6% in 3Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,735, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Construction industry in Japan. Total returns to shareholders of 557% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,218 per share.New Risk • Jan 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Jan 14There's Reason For Concern Over TOA Corporation's (TSE:1885) Massive 26% Price JumpDespite an already strong run, TOA Corporation ( TSE:1885 ) shares have been powering on, with a gain of 26% in the...分析記事 • Jan 06Returns Are Gaining Momentum At TOA (TSE:1885)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...お知らせ • Dec 13TOA Corporation to Report Q3, 2026 Results on Feb 06, 2026TOA Corporation announced that they will report Q3, 2026 results on Feb 06, 2026Declared Dividend • Dec 06First half dividend of JP¥39.00 announcedShareholders will receive a dividend of JP¥39.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Dec 04Is TOA (TSE:1885) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Nov 17Optimistic Investors Push TOA Corporation (TSE:1885) Shares Up 25% But Growth Is LackingThe TOA Corporation ( TSE:1885 ) share price has done very well over the last month, posting an excellent gain of 25...Buy Or Sell Opportunity • Nov 17Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to JP¥2,608. The fair value is estimated to be JP¥2,053, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 1.6% in the next 2 years.Reported Earnings • Nov 13Second quarter 2026 earnings released: EPS: JP¥54.05 (vs JP¥67.18 in 2Q 2025)Second quarter 2026 results: EPS: JP¥54.05 (down from JP¥67.18 in 2Q 2025). Revenue: JP¥81.4b (flat on 2Q 2025). Net income: JP¥4.22b (down 21% from 2Q 2025). Profit margin: 5.2% (down from 6.5% in 2Q 2025). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% 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 Risk Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.3% average weekly change).Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥2,543, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Construction industry in Japan. Total returns to shareholders of 381% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,756 per share.Buy Or Sell Opportunity • Oct 22Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to JP¥2,238. The fair value is estimated to be JP¥1,746, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.3% in 2 years. Earnings are forecast to decline by 8.9% in the next 2 years.Buy Or Sell Opportunity • Oct 06Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to JP¥2,088. The fair value is estimated to be JP¥1,735, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.3% in 2 years. Earnings are forecast to decline by 8.9% in the next 2 years.分析記事 • Oct 03The Trend Of High Returns At TOA (TSE:1885) Has Us Very InterestedWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Sep 19Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to JP¥2,150. The fair value is estimated to be JP¥1,754, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.3% in 2 years. Earnings are forecast to decline by 8.9% in the next 2 years.お知らせ • Sep 02TOA Corporation to Report Q2, 2026 Results on Nov 11, 2025TOA Corporation announced that they will report Q2, 2026 results on Nov 11, 2025Buy Or Sell Opportunity • Aug 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to JP¥2,109. The fair value is estimated to be JP¥1,729, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 0.9% in 2 years. Earnings are forecast to decline by 9.1% in the next 2 years.Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥43.58 (vs JP¥42.03 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.58 (up from JP¥42.03 in 1Q 2025). Revenue: JP¥83.5b (up 11% from 1Q 2025). Net income: JP¥3.45b (up 3.4% from 1Q 2025). Profit margin: 4.1% (down from 4.5% in 1Q 2025). 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 2.4% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 26TOA Corporation (TSE:1885) Stock Catapults 26% Though Its Price And Business Still Lag The MarketDespite an already strong run, TOA Corporation ( TSE:1885 ) shares have been powering on, with a gain of 26% in the...Reported Earnings • Jul 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥188 (up from JP¥128 in FY 2024). Revenue: JP¥330.5b (up 16% from FY 2024). Net income: JP¥14.9b (up 42% from FY 2024). Profit margin: 4.5% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 37% per year.お知らせ • Jun 10TOA Corporation to Report Q1, 2026 Results on Aug 08, 2025TOA Corporation announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • May 20TOA's (TSE:1885) Promising Earnings May Rest On Soft FoundationsDespite posting some strong earnings, the market for TOA Corporation's ( TSE:1885 ) stock hasn't moved much. Our...お知らせ • May 16TOA Corporation (TSE:1885) announces an Equity Buyback for 4,200,000 shares, representing 5.29% for ¥4,000 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 4,200,000 shares, representing 5.29% of its issued share capital, for ¥ 4000 million. The purpose of the program is to enhance shareholder return and to improve capital efficiency. The program is valid until November 30, 2025. As of March 31, 2025, the company had 79,352,476 outstanding shares (excluding treasury shares) and 8,626,040 treasury shares.Reported Earnings • May 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥188 (up from JP¥128 in FY 2024). Revenue: JP¥330.5b (up 16% from FY 2024). Net income: JP¥14.9b (up 42% from FY 2024). Profit margin: 4.5% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 31% per year.お知らせ • May 13TOA Corporation, Annual General Meeting, Jun 27, 2025TOA Corporation, Annual General Meeting, Jun 27, 2025.分析記事 • May 07TOA Corporation (TSE:1885) Shares Fly 30% But Investors Aren't Buying For GrowthTOA Corporation ( TSE:1885 ) shares have had a really impressive month, gaining 30% after a shaky period beforehand...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,102, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 75% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥71.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,399, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 131% over the past three years.Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥63.66 (vs JP¥47.47 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.66 (up from JP¥47.47 in 3Q 2024). Revenue: JP¥90.1b (up 18% from 3Q 2024). Net income: JP¥5.05b (up 32% from 3Q 2024). Profit margin: 5.6% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 07+ 1 more updateTOA Corporation Revises Year-End Dividend Forecast for the Fiscal Year Ending March 31, 2025TOA Corporation previously announced the year-end dividend forecast for the fiscal year ending March 31, 2025 to be ¥54.00 per share. However, taking into comprehensive consideration the current financial results forecast, financial status and other factors, the Company have revised the dividend forecast to ¥71.00 per share, a ¥17.00 increase from the previous forecast, based on the above policy.Declared Dividend • Jan 06Dividend of JP¥54.00 announcedShareholders will receive a dividend of JP¥54.00. Ex-date: 28th March 2025 Payment date: 28th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.分析記事 • Dec 03TOA Corporation (TSE:1885) Shares Fly 25% But Investors Aren't Buying For GrowthDespite an already strong run, TOA Corporation ( TSE:1885 ) shares have been powering on, with a gain of 25% in the...New Risk • Nov 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change).Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥67.18 (vs JP¥19.92 in 2Q 2024)Second quarter 2025 results: EPS: JP¥67.18 (up from JP¥19.92 in 2Q 2024). Revenue: JP¥81.4b (up 20% from 2Q 2024). Net income: JP¥5.33b (up 221% from 2Q 2024). Profit margin: 6.5% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Construction industry in Japan. 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 20% per year.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,125, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 97% over the past three years.お知らせ • Aug 27TOA Corporation to Report Q2, 2025 Results on Nov 11, 2024TOA Corporation announced that they will report Q2, 2025 results on Nov 11, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥16.86 (vs JP¥33.06 in 1Q 2024)First quarter 2025 results: EPS: JP¥16.86 (down from JP¥33.06 in 1Q 2024). Revenue: JP¥68.4b (up 9.4% from 1Q 2024). Net income: JP¥1.34b (down 53% from 1Q 2024). Profit margin: 2.0% (down from 4.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 06Now 26% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥915. The fair value is estimated to be JP¥728, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 2.5% per annum over the same time period.New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥799, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 50% over the past three years.分析記事 • May 22We Think TOA's (TSE:1885) Robust Earnings Are ConservativeInvestors were underwhelmed by the solid earnings posted by TOA Corporation ( TSE:1885 ) recently. Our analysis says...Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥511 (up from JP¥56.14 in FY 2023). Revenue: JP¥283.9b (up 33% from FY 2023). Net income: JP¥10.5b (up 118% from FY 2023). Profit margin: 3.7% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • May 15TOA Corporation, Annual General Meeting, Jun 27, 2024TOA Corporation, Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%).分析記事 • Mar 20TOA (TSE:1885) Is Increasing Its Dividend To ¥150.00TOA Corporation's ( TSE:1885 ) dividend will be increasing from last year's payment of the same period to ¥150.00 on...分析記事 • Mar 02TOA's (TSE:1885) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of TOA Corporation ( TSE:1885 ) has announced that it will be paying its dividend of ¥150.00 on the 1st of...お知らせ • Mar 02TOA Corporation to Report Fiscal Year 2024 Results on May 02, 2024TOA Corporation announced that they will report fiscal year 2024 results on May 02, 2024分析記事 • Feb 26TOA Corporation (TSE:1885) Stock Catapults 36% Though Its Price And Business Still Lag The MarketThe TOA Corporation ( TSE:1885 ) share price has done very well over the last month, posting an excellent gain of 36...Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥190 (vs JP¥68.63 in 3Q 2023)Third quarter 2024 results: EPS: JP¥190 (up from JP¥68.63 in 3Q 2023). Revenue: JP¥76.4b (up 41% from 3Q 2023). Net income: JP¥3.84b (up 158% from 3Q 2023). Profit margin: 5.0% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Feb 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.5% 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 Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,500, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 135% over the past three years.お知らせ • Nov 30TOA Corporation to Report Q3, 2024 Results on Feb 08, 2024TOA Corporation announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥79.66 (vs JP¥4.36 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥79.66 (up from JP¥4.36 loss in 2Q 2023). Revenue: JP¥67.6b (up 44% from 2Q 2023). Net income: JP¥1.66b (up JP¥1.75b from 2Q 2023). Profit margin: 2.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.お知らせ • Nov 11+ 1 more updateToa Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024TOA Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company reported net sales of JPY 260,000 million, Operating profit of JPY 12,200 million, Profit attributable to owners of parent of JPY 7,400 million and Basic earnings per share of JPY 356.15.お知らせ • Aug 30TOA Corporation to Report Q2, 2024 Results on Nov 10, 2023TOA Corporation announced that they will report Q2, 2024 results on Nov 10, 2023New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change).Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥132 (vs JP¥29.01 in 1Q 2023)First quarter 2024 results: EPS: JP¥132 (up from JP¥29.01 in 1Q 2023). Revenue: JP¥62.6b (up 33% from 1Q 2023). Net income: JP¥2.84b (up 358% from 1Q 2023). Profit margin: 4.5% (up from 1.3% in 1Q 2023). The increase in margin was driven by higher revenue. 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 29% per year, which means it is well ahead of earnings.お知らせ • May 31TOA Corporation to Report Q1, 2024 Results on Aug 09, 2023TOA Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥225 (vs JP¥383 in FY 2022)Full year 2023 results: EPS: JP¥225 (down from JP¥383 in FY 2022). Revenue: JP¥213.6b (down 2.8% from FY 2022). Net income: JP¥4.84b (down 35% from FY 2022). Profit margin: 2.3% (down from 3.4% in FY 2022). 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 increased by 27% per year, which means it is well ahead of earnings.お知らせ • May 13+ 3 more updatesTOA Corporation, Annual General Meeting, Jun 29, 2023TOA Corporation, Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.6%).Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥68.63 (vs JP¥78.61 in 3Q 2022)Third quarter 2023 results: EPS: JP¥68.63 (down from JP¥78.61 in 3Q 2022). Revenue: JP¥54.3b (flat on 3Q 2022). Net income: JP¥1.49b (down 1.3% from 3Q 2022). Profit margin: 2.7% (down from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 09TOA Corporation (TSE:1885) announces an Equity Buyback for 1,200,000 shares, representing 5.52% for ¥2,000 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 5.52% of its issued share capital (excluding treasury stock), for ¥2,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will expire on August 31, 2023. As of January 31, 2023, the company had 21,738,534 issued shares (excluding treasury stock) and 756,095 treasury shares.お知らせ • Feb 08+ 1 more updateTOA Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend guidance of JPY 90.00 per share for the fiscal year ending March 31, 2023, compare to JPY 90.00 per share a year ago.お知らせ • Nov 27TOA Corporation to Report Q3, 2023 Results on Feb 08, 2023TOA Corporation announced that they will report Q3, 2023 results on Feb 08, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥4.36 loss per share (vs JP¥128 profit in 2Q 2022)Second quarter 2023 results: JP¥4.36 loss per share (down from JP¥128 profit in 2Q 2022). Revenue: JP¥47.0b (down 14% from 2Q 2022). Net loss: JP¥93.0m (down 104% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.Board Change • Nov 16Less 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, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Shiro Kuniya was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 12Second quarter 2023 earnings released: JP¥4.36 loss per share (vs JP¥128 profit in 2Q 2022)Second quarter 2023 results: JP¥4.36 loss per share (down from JP¥128 profit in 2Q 2022). Revenue: JP¥47.0b (down 14% from 2Q 2022). Net loss: JP¥93.0m (down 104% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.お知らせ • Nov 11+ 1 more updateTOA Corporation Provides Dividend Forecast for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend guidance of JPY 90.00 per share for the fiscal year ending March 31, 2023, compare to JPY 90.00 per share a year ago.お知らせ • Nov 03TOA Corporation (TSE:1885) announces an Equity Buyback for 400,000 shares, for ¥313.2 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.23% of its issued share capital (excluding treasury stock), for a total purchase price of ¥313.2 million. The shares will be repurchased at a price of ¥783 per share. The purpose of the program is to flexibly respond to changes in the business environment and implement a capital policy that will lead to increased shareholder value. As of September 30, 2022, the company had 32,566,133 issued shares (excluding treasury stock) and 1,970,502 treasury shares.お知らせ • Sep 02TOA Corporation to Report Q2, 2023 Results on Nov 10, 2022TOA Corporation announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥29.01 (vs JP¥59.82 in 1Q 2022)First quarter 2023 results: EPS: JP¥29.01 (down from JP¥59.82 in 1Q 2022). Revenue: JP¥47.1b (down 7.4% from 1Q 2022). Net income: JP¥620.0m (down 45% from 1Q 2022). Profit margin: 1.3% (down from 2.2% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year.お知らせ • Aug 06+ 1 more updateTOA Corporation Provides Dividend Forecast for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend forecast of JPY 90.00 for the fiscal year ending march 31, 2023.お知らせ • Jun 05TOA Corporation to Report Q1, 2023 Results on Aug 05, 2022TOA Corporation announced that they will report Q1, 2023 results on Aug 05, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥383 (vs JP¥351 in FY 2021)Full year 2022 results: EPS: JP¥383 (up from JP¥351 in FY 2021). Revenue: JP¥219.8b (up 16% from FY 2021). Net income: JP¥7.39b (up 7.7% from FY 2021). Profit margin: 3.4% (down from 3.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 16Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥3,291, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 31%.お知らせ • May 14+ 1 more updateToa Corporation Provides Dividend Forecast for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend forecast of JPY 90.00 for the fiscal year ending march 31, 2023.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Shiro Kuniya was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08TOA Corporation to Report Fiscal Year 2022 Results on May 02, 2022TOA Corporation announced that they will report fiscal year 2022 results on May 02, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.1%).お知らせ • Feb 09TOA Corporation (TSE:1885) announces an Equity Buyback for 1,200,000 shares, representing 6.2% for ¥2,000 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 6.2% for ¥2,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will run until August 31, 2022. As of January 31, 2022, the company had 19,345,563 shares outstanding and 3,149,066 shares in treasury.Reported Earnings • Feb 09Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥78.60 (down from JP¥103 in 3Q 2021). Revenue: JP¥54.2b (up 7.8% from 3Q 2021). Net income: JP¥1.51b (down 25% from 3Q 2021). Profit margin: 2.8% (down from 4.0% 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 increased by 39% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.株主還元1885JP ConstructionJP 市場7D-0.1%-3.7%-2.9%1Y4.7%36.9%33.1%株主還元を見る業界別リターン: 1885過去 1 年間で36.9 % の収益を上げたJP Construction業界を下回りました。リターン対市場: 1885は、過去 1 年間で33.1 % のリターンを上げたJP市場を下回りました。価格変動Is 1885's price volatile compared to industry and market?1885 volatility1885 Average Weekly Movement6.4%Construction Industry Average Movement4.1%Market Average Movement4.3%10% most volatile stocks in JP Market9.4%10% least volatile stocks in JP Market2.2%安定した株価: 1885 、 JP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: 1885の 週次ボラティリティ ( 6% ) 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19081,880Takeshi Hayakawawww.toa-const.co.jp東亜建設工業は日本で建設とエンジニアリング・サービスを提供している。海洋・土木工学、土地造成、開発、販売関連業務を行っている。土木建築工事の請負、計画、設計、施工、監理、浚渫、埋立、整地、地域開発、都市開発、資源開発、海洋開発の計画、設計、監理、請負、測量、地質調査などを行っている。また、道路、鉄道、港湾、空港、上下水道、官公庁、廃棄物処理施設、その他公共施設などの計画、保有、建設、維持管理も行っている。さらに、設備や不動産のリース、コンサルティングサービスの提供、熱、電気、再生可能エネルギーなどの発電施設の建設も行っている。前身は東亜港湾株式会社で、1987年に東亜建設工業株式会社に社名変更した。東亜建設工業は1908年に設立され、東京に本社を置く。もっと見るTOA Corporation 基礎のまとめTOA の収益と売上を時価総額と比較するとどうか。1885 基礎統計学時価総額JP¥157.42b収益（TTM）JP¥19.36b売上高(TTM)JP¥358.70b8.1xPER（株価収益率0.4xP/Sレシオ1885 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1885 損益計算書（TTM）収益JP¥358.70b売上原価JP¥316.83b売上総利益JP¥41.87bその他の費用JP¥22.50b収益JP¥19.36b直近の収益報告Mar 31, 2026次回決算日Aug 04, 2026一株当たり利益（EPS）250.41グロス・マージン11.67%純利益率5.40%有利子負債／自己資本比率21.3%1885 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3.8%現在の配当利回り31%配当性向1885 配当は確実ですか？1885 配当履歴とベンチマークを見る1885 、いつまでに購入すれば配当金を受け取れますか？TOA 配当日配当落ち日Sep 29 2026配当支払日Dec 07 2026配当落ちまでの日数59 days配当支払日までの日数128 days1885 配当は確実ですか？1885 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2026/07/31 16:35終値2026/07/31 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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TOA Corporation 2 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。2 アナリスト機関Yoko MizoguchiIchiyoshi Research Institute Inc.Yoshihiro NakagawaMizuho Securities Co., Ltd.
Declared Dividend • Jul 25Final dividend of JP¥38.50 announcedShareholders will receive a dividend of JP¥38.50. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.3% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jun 04TOA Corporation to Report Q1, 2027 Results on Aug 04, 2026TOA Corporation announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 04, 2026
分析記事 • May 24TOA's (TSE:1885) Performance Is Even Better Than Its Earnings SuggestInvestors were underwhelmed by the solid earnings posted by TOA Corporation ( TSE:1885 ) recently. Our analysis says...
お知らせ • May 13TOA Corporation, Annual General Meeting, Jun 26, 2026TOA Corporation, Annual General Meeting, Jun 26, 2026.
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥85.84 (vs JP¥63.66 in 3Q 2025)Third quarter 2026 results: EPS: JP¥85.84 (up from JP¥63.66 in 3Q 2025). Revenue: JP¥91.9b (up 2.0% from 3Q 2025). Net income: JP¥6.64b (up 31% from 3Q 2025). Profit margin: 7.2% (up from 5.6% in 3Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,735, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Construction industry in Japan. Total returns to shareholders of 557% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,218 per share.
Declared Dividend • Jul 25Final dividend of JP¥38.50 announcedShareholders will receive a dividend of JP¥38.50. Ex-date: 29th September 2026 Payment date: 7th December 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.3% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jun 04TOA Corporation to Report Q1, 2027 Results on Aug 04, 2026TOA Corporation announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Aug 04, 2026
分析記事 • May 24TOA's (TSE:1885) Performance Is Even Better Than Its Earnings SuggestInvestors were underwhelmed by the solid earnings posted by TOA Corporation ( TSE:1885 ) recently. Our analysis says...
お知らせ • May 13TOA Corporation, Annual General Meeting, Jun 26, 2026TOA Corporation, Annual General Meeting, Jun 26, 2026.
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥85.84 (vs JP¥63.66 in 3Q 2025)Third quarter 2026 results: EPS: JP¥85.84 (up from JP¥63.66 in 3Q 2025). Revenue: JP¥91.9b (up 2.0% from 3Q 2025). Net income: JP¥6.64b (up 31% from 3Q 2025). Profit margin: 7.2% (up from 5.6% in 3Q 2025). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,735, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Construction industry in Japan. Total returns to shareholders of 557% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,218 per share.
New Risk • Jan 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Jan 14There's Reason For Concern Over TOA Corporation's (TSE:1885) Massive 26% Price JumpDespite an already strong run, TOA Corporation ( TSE:1885 ) shares have been powering on, with a gain of 26% in the...
分析記事 • Jan 06Returns Are Gaining Momentum At TOA (TSE:1885)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
お知らせ • Dec 13TOA Corporation to Report Q3, 2026 Results on Feb 06, 2026TOA Corporation announced that they will report Q3, 2026 results on Feb 06, 2026
Declared Dividend • Dec 06First half dividend of JP¥39.00 announcedShareholders will receive a dividend of JP¥39.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Dec 04Is TOA (TSE:1885) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Nov 17Optimistic Investors Push TOA Corporation (TSE:1885) Shares Up 25% But Growth Is LackingThe TOA Corporation ( TSE:1885 ) share price has done very well over the last month, posting an excellent gain of 25...
Buy Or Sell Opportunity • Nov 17Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to JP¥2,608. The fair value is estimated to be JP¥2,053, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 2.3% in 2 years. Earnings are forecast to decline by 1.6% in the next 2 years.
Reported Earnings • Nov 13Second quarter 2026 earnings released: EPS: JP¥54.05 (vs JP¥67.18 in 2Q 2025)Second quarter 2026 results: EPS: JP¥54.05 (down from JP¥67.18 in 2Q 2025). Revenue: JP¥81.4b (flat on 2Q 2025). Net income: JP¥4.22b (down 21% from 2Q 2025). Profit margin: 5.2% (down from 6.5% in 2Q 2025). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% 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 Risk Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.3% average weekly change).
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥2,543, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Construction industry in Japan. Total returns to shareholders of 381% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,756 per share.
Buy Or Sell Opportunity • Oct 22Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to JP¥2,238. The fair value is estimated to be JP¥1,746, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.3% in 2 years. Earnings are forecast to decline by 8.9% in the next 2 years.
Buy Or Sell Opportunity • Oct 06Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 27% to JP¥2,088. The fair value is estimated to be JP¥1,735, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.3% in 2 years. Earnings are forecast to decline by 8.9% in the next 2 years.
分析記事 • Oct 03The Trend Of High Returns At TOA (TSE:1885) Has Us Very InterestedWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Sep 19Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to JP¥2,150. The fair value is estimated to be JP¥1,754, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 1.3% in 2 years. Earnings are forecast to decline by 8.9% in the next 2 years.
お知らせ • Sep 02TOA Corporation to Report Q2, 2026 Results on Nov 11, 2025TOA Corporation announced that they will report Q2, 2026 results on Nov 11, 2025
Buy Or Sell Opportunity • Aug 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to JP¥2,109. The fair value is estimated to be JP¥1,729, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 0.9% in 2 years. Earnings are forecast to decline by 9.1% in the next 2 years.
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥43.58 (vs JP¥42.03 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.58 (up from JP¥42.03 in 1Q 2025). Revenue: JP¥83.5b (up 11% from 1Q 2025). Net income: JP¥3.45b (up 3.4% from 1Q 2025). Profit margin: 4.1% (down from 4.5% in 1Q 2025). 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 2.4% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 26TOA Corporation (TSE:1885) Stock Catapults 26% Though Its Price And Business Still Lag The MarketDespite an already strong run, TOA Corporation ( TSE:1885 ) shares have been powering on, with a gain of 26% in the...
Reported Earnings • Jul 01Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥188 (up from JP¥128 in FY 2024). Revenue: JP¥330.5b (up 16% from FY 2024). Net income: JP¥14.9b (up 42% from FY 2024). Profit margin: 4.5% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 37% per year.
お知らせ • Jun 10TOA Corporation to Report Q1, 2026 Results on Aug 08, 2025TOA Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • May 20TOA's (TSE:1885) Promising Earnings May Rest On Soft FoundationsDespite posting some strong earnings, the market for TOA Corporation's ( TSE:1885 ) stock hasn't moved much. Our...
お知らせ • May 16TOA Corporation (TSE:1885) announces an Equity Buyback for 4,200,000 shares, representing 5.29% for ¥4,000 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 4,200,000 shares, representing 5.29% of its issued share capital, for ¥ 4000 million. The purpose of the program is to enhance shareholder return and to improve capital efficiency. The program is valid until November 30, 2025. As of March 31, 2025, the company had 79,352,476 outstanding shares (excluding treasury shares) and 8,626,040 treasury shares.
Reported Earnings • May 15Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥188 (up from JP¥128 in FY 2024). Revenue: JP¥330.5b (up 16% from FY 2024). Net income: JP¥14.9b (up 42% from FY 2024). Profit margin: 4.5% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 31% per year.
お知らせ • May 13TOA Corporation, Annual General Meeting, Jun 27, 2025TOA Corporation, Annual General Meeting, Jun 27, 2025.
分析記事 • May 07TOA Corporation (TSE:1885) Shares Fly 30% But Investors Aren't Buying For GrowthTOA Corporation ( TSE:1885 ) shares have had a really impressive month, gaining 30% after a shaky period beforehand...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥1,102, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 75% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥71.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 28 June 2025. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥1,399, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 131% over the past three years.
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: JP¥63.66 (vs JP¥47.47 in 3Q 2024)Third quarter 2025 results: EPS: JP¥63.66 (up from JP¥47.47 in 3Q 2024). Revenue: JP¥90.1b (up 18% from 3Q 2024). Net income: JP¥5.05b (up 32% from 3Q 2024). Profit margin: 5.6% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 07+ 1 more updateTOA Corporation Revises Year-End Dividend Forecast for the Fiscal Year Ending March 31, 2025TOA Corporation previously announced the year-end dividend forecast for the fiscal year ending March 31, 2025 to be ¥54.00 per share. However, taking into comprehensive consideration the current financial results forecast, financial status and other factors, the Company have revised the dividend forecast to ¥71.00 per share, a ¥17.00 increase from the previous forecast, based on the above policy.
Declared Dividend • Jan 06Dividend of JP¥54.00 announcedShareholders will receive a dividend of JP¥54.00. Ex-date: 28th March 2025 Payment date: 28th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
分析記事 • Dec 03TOA Corporation (TSE:1885) Shares Fly 25% But Investors Aren't Buying For GrowthDespite an already strong run, TOA Corporation ( TSE:1885 ) shares have been powering on, with a gain of 25% in the...
New Risk • Nov 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change).
Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥67.18 (vs JP¥19.92 in 2Q 2024)Second quarter 2025 results: EPS: JP¥67.18 (up from JP¥19.92 in 2Q 2024). Revenue: JP¥81.4b (up 20% from 2Q 2024). Net income: JP¥5.33b (up 221% from 2Q 2024). Profit margin: 6.5% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Construction industry in Japan. 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 20% per year.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,125, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 97% over the past three years.
お知らせ • Aug 27TOA Corporation to Report Q2, 2025 Results on Nov 11, 2024TOA Corporation announced that they will report Q2, 2025 results on Nov 11, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥16.86 (vs JP¥33.06 in 1Q 2024)First quarter 2025 results: EPS: JP¥16.86 (down from JP¥33.06 in 1Q 2024). Revenue: JP¥68.4b (up 9.4% from 1Q 2024). Net income: JP¥1.34b (down 53% from 1Q 2024). Profit margin: 2.0% (down from 4.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 06Now 26% overvaluedOver the last 90 days, the stock has fallen 12% to JP¥915. The fair value is estimated to be JP¥728, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 2.5% per annum over the same time period.
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥799, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Construction industry in Japan. Total returns to shareholders of 50% over the past three years.
分析記事 • May 22We Think TOA's (TSE:1885) Robust Earnings Are ConservativeInvestors were underwhelmed by the solid earnings posted by TOA Corporation ( TSE:1885 ) recently. Our analysis says...
Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥511 (up from JP¥56.14 in FY 2023). Revenue: JP¥283.9b (up 33% from FY 2023). Net income: JP¥10.5b (up 118% from FY 2023). Profit margin: 3.7% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 2.3%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15TOA Corporation, Annual General Meeting, Jun 27, 2024TOA Corporation, Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥150 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.7%).
分析記事 • Mar 20TOA (TSE:1885) Is Increasing Its Dividend To ¥150.00TOA Corporation's ( TSE:1885 ) dividend will be increasing from last year's payment of the same period to ¥150.00 on...
分析記事 • Mar 02TOA's (TSE:1885) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of TOA Corporation ( TSE:1885 ) has announced that it will be paying its dividend of ¥150.00 on the 1st of...
お知らせ • Mar 02TOA Corporation to Report Fiscal Year 2024 Results on May 02, 2024TOA Corporation announced that they will report fiscal year 2024 results on May 02, 2024
分析記事 • Feb 26TOA Corporation (TSE:1885) Stock Catapults 36% Though Its Price And Business Still Lag The MarketThe TOA Corporation ( TSE:1885 ) share price has done very well over the last month, posting an excellent gain of 36...
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥190 (vs JP¥68.63 in 3Q 2023)Third quarter 2024 results: EPS: JP¥190 (up from JP¥68.63 in 3Q 2023). Revenue: JP¥76.4b (up 41% from 3Q 2023). Net income: JP¥3.84b (up 158% from 3Q 2023). Profit margin: 5.0% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Construction industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Feb 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.5% 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 Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,500, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Construction industry in Japan. Total returns to shareholders of 135% over the past three years.
お知らせ • Nov 30TOA Corporation to Report Q3, 2024 Results on Feb 08, 2024TOA Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 12Second quarter 2024 earnings released: EPS: JP¥79.66 (vs JP¥4.36 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥79.66 (up from JP¥4.36 loss in 2Q 2023). Revenue: JP¥67.6b (up 44% from 2Q 2023). Net income: JP¥1.66b (up JP¥1.75b from 2Q 2023). Profit margin: 2.5% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
お知らせ • Nov 11+ 1 more updateToa Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024TOA Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company reported net sales of JPY 260,000 million, Operating profit of JPY 12,200 million, Profit attributable to owners of parent of JPY 7,400 million and Basic earnings per share of JPY 356.15.
お知らせ • Aug 30TOA Corporation to Report Q2, 2024 Results on Nov 10, 2023TOA Corporation announced that they will report Q2, 2024 results on Nov 10, 2023
New Risk • Aug 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change).
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥132 (vs JP¥29.01 in 1Q 2023)First quarter 2024 results: EPS: JP¥132 (up from JP¥29.01 in 1Q 2023). Revenue: JP¥62.6b (up 33% from 1Q 2023). Net income: JP¥2.84b (up 358% from 1Q 2023). Profit margin: 4.5% (up from 1.3% in 1Q 2023). The increase in margin was driven by higher revenue. 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 29% per year, which means it is well ahead of earnings.
お知らせ • May 31TOA Corporation to Report Q1, 2024 Results on Aug 09, 2023TOA Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥225 (vs JP¥383 in FY 2022)Full year 2023 results: EPS: JP¥225 (down from JP¥383 in FY 2022). Revenue: JP¥213.6b (down 2.8% from FY 2022). Net income: JP¥4.84b (down 35% from FY 2022). Profit margin: 2.3% (down from 3.4% in FY 2022). 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 increased by 27% per year, which means it is well ahead of earnings.
お知らせ • May 13+ 3 more updatesTOA Corporation, Annual General Meeting, Jun 29, 2023TOA Corporation, Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.6%).
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥68.63 (vs JP¥78.61 in 3Q 2022)Third quarter 2023 results: EPS: JP¥68.63 (down from JP¥78.61 in 3Q 2022). Revenue: JP¥54.3b (flat on 3Q 2022). Net income: JP¥1.49b (down 1.3% from 3Q 2022). Profit margin: 2.7% (down from 2.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 09TOA Corporation (TSE:1885) announces an Equity Buyback for 1,200,000 shares, representing 5.52% for ¥2,000 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 5.52% of its issued share capital (excluding treasury stock), for ¥2,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will expire on August 31, 2023. As of January 31, 2023, the company had 21,738,534 issued shares (excluding treasury stock) and 756,095 treasury shares.
お知らせ • Feb 08+ 1 more updateTOA Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend guidance of JPY 90.00 per share for the fiscal year ending March 31, 2023, compare to JPY 90.00 per share a year ago.
お知らせ • Nov 27TOA Corporation to Report Q3, 2023 Results on Feb 08, 2023TOA Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥4.36 loss per share (vs JP¥128 profit in 2Q 2022)Second quarter 2023 results: JP¥4.36 loss per share (down from JP¥128 profit in 2Q 2022). Revenue: JP¥47.0b (down 14% from 2Q 2022). Net loss: JP¥93.0m (down 104% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
Board Change • Nov 16Less 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, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Shiro Kuniya was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 12Second quarter 2023 earnings released: JP¥4.36 loss per share (vs JP¥128 profit in 2Q 2022)Second quarter 2023 results: JP¥4.36 loss per share (down from JP¥128 profit in 2Q 2022). Revenue: JP¥47.0b (down 14% from 2Q 2022). Net loss: JP¥93.0m (down 104% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Nov 11+ 1 more updateTOA Corporation Provides Dividend Forecast for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend guidance of JPY 90.00 per share for the fiscal year ending March 31, 2023, compare to JPY 90.00 per share a year ago.
お知らせ • Nov 03TOA Corporation (TSE:1885) announces an Equity Buyback for 400,000 shares, for ¥313.2 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.23% of its issued share capital (excluding treasury stock), for a total purchase price of ¥313.2 million. The shares will be repurchased at a price of ¥783 per share. The purpose of the program is to flexibly respond to changes in the business environment and implement a capital policy that will lead to increased shareholder value. As of September 30, 2022, the company had 32,566,133 issued shares (excluding treasury stock) and 1,970,502 treasury shares.
お知らせ • Sep 02TOA Corporation to Report Q2, 2023 Results on Nov 10, 2022TOA Corporation announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥29.01 (vs JP¥59.82 in 1Q 2022)First quarter 2023 results: EPS: JP¥29.01 (down from JP¥59.82 in 1Q 2022). Revenue: JP¥47.1b (down 7.4% from 1Q 2022). Net income: JP¥620.0m (down 45% from 1Q 2022). Profit margin: 1.3% (down from 2.2% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year.
お知らせ • Aug 06+ 1 more updateTOA Corporation Provides Dividend Forecast for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend forecast of JPY 90.00 for the fiscal year ending march 31, 2023.
お知らせ • Jun 05TOA Corporation to Report Q1, 2023 Results on Aug 05, 2022TOA Corporation announced that they will report Q1, 2023 results on Aug 05, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥383 (vs JP¥351 in FY 2021)Full year 2022 results: EPS: JP¥383 (up from JP¥351 in FY 2021). Revenue: JP¥219.8b (up 16% from FY 2021). Net income: JP¥7.39b (up 7.7% from FY 2021). Profit margin: 3.4% (down from 3.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 16Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥3,291, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 31%.
お知らせ • May 14+ 1 more updateToa Corporation Provides Dividend Forecast for the Fiscal Year Ending March 31, 2023TOA Corporation provided dividend forecast of JPY 90.00 for the fiscal year ending march 31, 2023.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Shiro Kuniya was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08TOA Corporation to Report Fiscal Year 2022 Results on May 02, 2022TOA Corporation announced that they will report fiscal year 2022 results on May 02, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (3.1%).
お知らせ • Feb 09TOA Corporation (TSE:1885) announces an Equity Buyback for 1,200,000 shares, representing 6.2% for ¥2,000 million.TOA Corporation (TSE:1885) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 6.2% for ¥2,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will run until August 31, 2022. As of January 31, 2022, the company had 19,345,563 shares outstanding and 3,149,066 shares in treasury.
Reported Earnings • Feb 09Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥78.60 (down from JP¥103 in 3Q 2021). Revenue: JP¥54.2b (up 7.8% from 3Q 2021). Net income: JP¥1.51b (down 25% from 3Q 2021). Profit margin: 2.8% (down from 4.0% 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 increased by 39% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
