TOCALOLtd（3433）株式概要株式会社TOCALOは、表面改質技術の開発を国内外で行っています。 詳細3433 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長2/6過去の実績4/6財務の健全性6/6配当金4/6報酬収益は年間6.17%増加すると予測されています 過去1年間で収益は24.9%増加しました リスク分析高いレベルの非現金収入 JP市場と比較した過去 3 か月間の株価の変動2.95%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る3433 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¥2.91k7.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture085b2016201920222025202620282031Revenue JP¥85.5bEarnings JP¥14.7bAdvancedSet Fair ValueView all narrativesTOCALO Co.,Ltd. 競合他社KanadeviaSymbol: TSE:7004Market cap: JP¥199.9bNittaSymbol: TSE:5186Market cap: JP¥175.3bKITZSymbol: TSE:6498Market cap: JP¥191.2bNoritakeSymbol: TSE:5331Market cap: JP¥187.0b価格と性能株価の高値、安値、推移の概要TOCALOLtd過去の株価現在の株価JP¥2,911.0052週高値JP¥3,460.0052週安値JP¥1,832.00ベータ0.861ヶ月の変化-14.13%3ヶ月変化-6.55%1年変化46.28%3年間の変化103.00%5年間の変化111.25%IPOからの変化990.77%最新ニュースNew Risk • 3hNew 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 6.6% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).Declared Dividend • Jul 25Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 17When Should You Buy TOCALO Co.,Ltd. (TSE:3433)?TOCALO Co.,Ltd. ( TSE:3433 ), is not the largest company out there, but it saw significant share price movement during...Buy Or Sell Opportunity • Jun 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to JP¥3,020. The fair value is estimated to be JP¥2,495, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.お知らせ • May 30TOCALO Co.,Ltd. to Report Q1, 2027 Results on Aug 05, 2026TOCALO Co.,Ltd. announced that they will report Q1, 2027 results at 3:30 PM, Tokyo Standard Time on Aug 05, 2026分析記事 • May 18Additional Considerations Required While Assessing TOCALOLtd's (TSE:3433) Strong EarningsTOCALO Co.,Ltd. ( TSE:3433 ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...最新情報をもっと見るRecent updatesNew Risk • 3hNew 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 6.6% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).Declared Dividend • Jul 25Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 17When Should You Buy TOCALO Co.,Ltd. (TSE:3433)?TOCALO Co.,Ltd. ( TSE:3433 ), is not the largest company out there, but it saw significant share price movement during...Buy Or Sell Opportunity • Jun 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to JP¥3,020. The fair value is estimated to be JP¥2,495, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.お知らせ • May 30TOCALO Co.,Ltd. to Report Q1, 2027 Results on Aug 05, 2026TOCALO Co.,Ltd. announced that they will report Q1, 2027 results at 3:30 PM, Tokyo Standard Time on Aug 05, 2026分析記事 • May 18Additional Considerations Required While Assessing TOCALOLtd's (TSE:3433) Strong EarningsTOCALO Co.,Ltd. ( TSE:3433 ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...New Risk • May 13New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 12Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥169 (up from JP¥135 in FY 2025). Revenue: JP¥58.5b (up 7.9% from FY 2025). Net income: JP¥10.1b (up 25% from FY 2025). Profit margin: 17% (up from 15% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 11TOCALO Co.,Ltd., Annual General Meeting, Jun 25, 2026TOCALO Co.,Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • May 01TOCALO Co.,Ltd. to Report Fiscal Year 2026 Results on May 11, 2026TOCALO Co.,Ltd. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 11, 2026Buy Or Sell Opportunity • Apr 21Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to JP¥2,979. The fair value is estimated to be JP¥2,448, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 77%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Price Target Changed • Mar 04Price target increased by 18% to JP¥3,400Up from JP¥2,893, the current price target is an average from 2 analysts. New target price is 22% above last closing price of JP¥2,790. Stock is up 57% over the past year. The company is forecast to post earnings per share of JP¥144 for next year compared to JP¥135 last year.分析記事 • Feb 06Here's What Analysts Are Forecasting For TOCALO Co.,Ltd. (TSE:3433) After Its Third-Quarter ResultsIt's been a good week for TOCALO Co.,Ltd. ( TSE:3433 ) shareholders, because the company has just released its latest...Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥33.90 (vs JP¥37.42 in 3Q 2025)Third quarter 2026 results: EPS: JP¥33.90 (down from JP¥37.42 in 3Q 2025). Revenue: JP¥14.3b (up 1.9% from 3Q 2025). Net income: JP¥2.02b (down 9.4% from 3Q 2025). Profit margin: 14% (down from 16% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% 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 • Jan 30New 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. This is currently the only risk that has been identified for the company.分析記事 • Jan 13Estimating The Intrinsic Value Of TOCALO Co.,Ltd. (TSE:3433)Key Insights TOCALOLtd's estimated fair value is JP¥2,672 based on 2 Stage Free Cash Flow to Equity With JP¥2,406 share...Buy Or Sell Opportunity • Dec 16Now 21% undervaluedOver the last 90 days, the stock has risen 1.8% to JP¥2,195. The fair value is estimated to be JP¥2,764, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 7.7%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.分析記事 • Dec 03TOCALOLtd (TSE:3433) Has Announced That Its Dividend Will Be Reduced To ¥33.00TOCALO Co.,Ltd. ( TSE:3433 ) has announced that on 29th of June, it will be paying a dividend of¥33.00, which a...お知らせ • Dec 03TOCALO Co.,Ltd. to Report Q3, 2026 Results on Feb 04, 2026TOCALO Co.,Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026Declared Dividend • Dec 03First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Dec 01Now 21% undervaluedOver the last 90 days, the stock has risen 4.5% to JP¥2,177. The fair value is estimated to be JP¥2,742, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 7.7%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.Buy Or Sell Opportunity • Nov 08Now 27% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,021. The fair value is estimated to be JP¥2,757, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 7.7%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period.分析記事 • Nov 07TOCALOLtd (TSE:3433) Is Achieving High Returns On Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...分析記事 • Oct 08Is TOCALOLtd (TSE:3433) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Sep 22TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 3rd of December, with...分析記事 • Sep 08TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥34.00 per share on the 3rd of...お知らせ • Sep 01TOCALO Co.,Ltd. to Report Q2, 2026 Results on Nov 06, 2025TOCALO Co.,Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025分析記事 • Aug 25TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 3rd of December, with...分析記事 • Aug 11TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥34.00TOCALO Co.,Ltd. ( TSE:3433 ) will pay a dividend of ¥34.00 on the 3rd of December. This will take the dividend yield to...分析記事 • Aug 07Revenue Beat: TOCALO Co.,Ltd. Exceeded Revenue Forecasts By 9.8% And Analysts Are Updating Their EstimatesLast week saw the newest quarterly earnings release from TOCALO Co.,Ltd. ( TSE:3433 ), an important milestone in the...Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥43.41 (vs JP¥31.73 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.41 (up from JP¥31.73 in 1Q 2025). Revenue: JP¥15.2b (up 18% from 1Q 2025). Net income: JP¥2.58b (up 37% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 25TOCALOLtd's (TSE:3433) Dividend Will Be ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 3rd of December, with...Board Change • Jul 23Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Kazuyuki Tomita 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.分析記事 • Jul 10TOCALOLtd's (TSE:3433) Dividend Will Be ¥34.00TOCALO Co.,Ltd.'s ( TSE:3433 ) investors are due to receive a payment of ¥34.00 per share on 3rd of December. This...Declared Dividend • Jul 09Final dividend of JP¥34.00 announcedShareholders will receive a dividend of JP¥34.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥135 (up from JP¥106 in FY 2024). Revenue: JP¥54.2b (up 16% from FY 2024). Net income: JP¥8.05b (up 27% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 03TOCALO Co.,Ltd. to Report Q1, 2026 Results on Aug 05, 2025TOCALO Co.,Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025Reported Earnings • May 10Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥135 (up from JP¥106 in FY 2024). Revenue: JP¥54.2b (up 16% from FY 2024). Net income: JP¥8.05b (up 27% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 09TOCALO Co.,Ltd., Annual General Meeting, Jun 26, 2025TOCALO Co.,Ltd., Annual General Meeting, Jun 26, 2025.分析記事 • Apr 08There's Reason For Concern Over TOCALO Co.,Ltd.'s (TSE:3433) PriceThere wouldn't be many who think TOCALO Co.,Ltd.'s ( TSE:3433 ) price-to-earnings (or "P/E") ratio of 11.3x is worth a...分析記事 • Mar 21TOCALOLtd (TSE:3433) Is Increasing Its Dividend To ¥35.00TOCALO Co.,Ltd. ( TSE:3433 ) will increase its dividend from last year's comparable payment on the 30th of June to...お知らせ • Mar 21TOCALO Co., Ltd. Announces Management ChangesTOCALO Co.,Ltd. announced retirement of Noriyuki MIFUNE as Chairman & Representative Director of the company. And Nobuyuki KUROKI as Director; Deputy President and Executive Officer. Yuji Chiba will retire from his position as Managing Executive Officer. The changes in Representative Directors and Directors will be officially decided at the 74th Annual General Meeting of Shareholders scheduled for June 26, 2025, and at a subsequent meeting of the Board of Directors.Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).分析記事 • Mar 03TOCALOLtd's (TSE:3433) Upcoming Dividend Will Be Larger Than Last Year'sTOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥35.00 on...お知らせ • Mar 01TOCALO Co.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025TOCALO Co.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥37.42 (vs JP¥21.75 in 3Q 2024)Third quarter 2025 results: EPS: JP¥37.42 (up from JP¥21.75 in 3Q 2024). Revenue: JP¥14.0b (up 19% from 3Q 2024). Net income: JP¥2.23b (up 72% from 3Q 2024). Profit margin: 16% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 04TOCALOLtd's (TSE:3433) Upcoming Dividend Will Be Larger Than Last Year'sThe board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will be paying its dividend of ¥33.00 on the 30th of...お知らせ • Feb 04+ 1 more updateTocalo Co.,Ltd. Increases Dividend Guidance for the Fiscal Year Ending March 31, 2025TOCALO Co.,Ltd. increased dividend guidance for the fiscal year ending March 31, 2025. For the full year, the company expects dividend of JPY 35.00 per share compare to JPY 33.00 per share of pervious guidance.分析記事 • Jan 10TOCALOLtd (TSE:3433) Will Pay A Larger Dividend Than Last Year At ¥33.00TOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥33.00 on...分析記事 • Dec 18TOCALOLtd (TSE:3433) Is Paying Out A Larger Dividend Than Last YearTOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥33.00 on...分析記事 • Dec 04TOCALOLtd's (TSE:3433) Dividend Will Be Increased To ¥33.00TOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥33.00 on...お知らせ • Dec 04TOCALO Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025TOCALO Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025Declared Dividend • Dec 04First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (dividend approximately 46x free cash flows). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥28.09 (vs JP¥24.05 in 2Q 2024)Second quarter 2025 results: EPS: JP¥28.09 (up from JP¥24.05 in 2Q 2024). Revenue: JP¥13.0b (up 16% from 2Q 2024). Net income: JP¥1.67b (up 16% from 2Q 2024). Profit margin: 13% (in line with 2Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.分析記事 • Sep 25TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...Upcoming Dividend • Sep 20Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).Price Target Changed • Sep 11Price target decreased by 10.0% to JP¥2,700Down from JP¥3,000, the current price target is an average from 2 analysts. New target price is 59% above last closing price of JP¥1,699. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥125 for next year compared to JP¥106 last year.分析記事 • Sep 06TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...お知らせ • Aug 27TOCALO Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024TOCALO Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024分析記事 • Aug 23TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...分析記事 • Aug 09TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...分析記事 • Aug 06TOCALO Co.,Ltd. (TSE:3433) Stocks Pounded By 27% But Not Lagging Market On Growth Or PricingTOCALO Co.,Ltd. ( TSE:3433 ) shareholders won't be pleased to see that the share price has had a very rough month...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 6.8% 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 Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change).分析記事 • Aug 03TOCALO Co.,Ltd. Just Beat Revenue By 8.1%: Here's What Analysts Think Will Happen NextLast week, you might have seen that TOCALO Co.,Ltd. ( TSE:3433 ) released its first-quarter result to the market. The...Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥31.73 (vs JP¥25.34 in 1Q 2024)First quarter 2025 results: EPS: JP¥31.73 (up from JP¥25.34 in 1Q 2024). Revenue: JP¥12.9b (up 9.1% from 1Q 2024). Net income: JP¥1.89b (up 23% from 1Q 2024). Profit margin: 15% (up from 13% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 30TOCALO Co.,Ltd. (TSE:3433) completed the acquisition of remaining 51% stake in NEIS & TOCALO (Thailand) Co., Ltd. from Neis (Thailand) Company Limited and Neis Co.,Ltd.TOCALO Co.,Ltd. (TSE:3433) signed a letter of intent to acquire an remaining 51% stake in NEIS & TOCALO (Thailand) Co., Ltd. from Neis (Thailand) Company Limited and Neis Co.,Ltd. for THB 80 million on June 21, 2024. A cash consideration of THB 80 million will be paid by TOCALO Co.,Ltd. As part of consideration, THB 80 million is paid towards common equity of NEIS & TOCALO (Thailand) Co., Ltd. Upon completion, TOCALO Co.,Ltd. will own 100% stake in NEIS & TOCALO (Thailand) Co., Ltd. For the period ending December 31, 2023, NEIS & TOCALO (Thailand) Co., Ltd. reported total revenue of THB 79 million, EBIT of THB 3 million and net income of THB 2 million. As of December 31, 2023, NEIS & TOCALO (Thailand) Co., Ltd. reported total assets of THB 170 million and total common equity of THB 158 million. The expected agreement date is June 24, 2024, and expected completion of the transaction is June 25, 2024. TOCALO Co.,Ltd. (TSE:3433) completed the acquisition of remaining 51% stake in NEIS & TOCALO (Thailand) Co., Ltd. from Neis (Thailand) Company Limited and Neis Co.,Ltd. on July 30, 2024. NEIS & TOCALO (Thailand) Co., Ltd. has been completed, and its trade name has been changed to TOCALO Surface Technology (Thailand) Co., Ltd. with effect from July 30, 2024.分析記事 • Jul 26TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...分析記事 • Jul 12TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 4th of December, with...Declared Dividend • Jul 11Final dividend increased to JP¥28.00Dividend of JP¥28.00 is 12% higher than last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 23TOCALO Co.,Ltd. to Report Q1, 2025 Results on Jul 31, 2024TOCALO Co.,Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024分析記事 • May 11TOCALO Co.,Ltd. (TSE:3433) Just Reported Yearly Earnings And Analysts Are Lifting Their EstimatesInvestors in TOCALO Co.,Ltd. ( TSE:3433 ) had a good week, as its shares rose 7.8% to close at JP¥1,954 following the...Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥106 (down from JP¥121 in FY 2023). Revenue: JP¥46.7b (down 2.9% from FY 2023). Net income: JP¥6.33b (down 14% from FY 2023). Profit margin: 14% (down from 15% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery 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 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 11TOCALO Co.,Ltd., Annual General Meeting, Jun 27, 2024TOCALO Co.,Ltd., Annual General Meeting, Jun 27, 2024.お知らせ • May 10+ 1 more updateTOCALO Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter (Cumulative) and Full Year of Fiscal Year Ending March 31, 2025TOCALO Co.,Ltd. provided consolidated earnings guidance for the second quarter (cumulative) and full year of fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 24,500 million, Operating profit to be JPY 5,000 million, net income attributable to owners of parent to be JPY 3,290 million or JPY 55.35 per basic share.For the full year, the company expects net sales to be JPY 51,000 million, Operating profit to be JPY 10,500 million, net income attributable to owners of parent to be JPY 6,880 million or JPY 115.75 per basic share.分析記事 • Mar 26TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥25.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥25.00 per share on the 26th of...Buy Or Sell Opportunity • Mar 25Now 22% undervaluedOver the last 90 days, the stock has risen 19% to JP¥1,748. The fair value is estimated to be JP¥2,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 6.9%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).分析記事 • Mar 12TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥25.00TOCALO Co.,Ltd. ( TSE:3433 ) will pay a dividend of ¥25.00 on the 26th of June. The yield is still above the industry...お知らせ • Mar 03TOCALO Co.,Ltd. to Report Fiscal Year 2024 Results on May 09, 2024TOCALO Co.,Ltd. announced that they will report fiscal year 2024 results on May 09, 2024分析記事 • Feb 27TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥25.00TOCALO Co.,Ltd. ( TSE:3433 ) will pay a dividend of ¥25.00 on the 26th of June. The dividend yield of 3.1% is still a...Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥21.75 (vs JP¥28.76 in 3Q 2023)Third quarter 2024 results: EPS: JP¥21.75 (down from JP¥28.76 in 3Q 2023). Revenue: JP¥11.8b (down 4.8% from 3Q 2023). Net income: JP¥1.30b (down 26% from 3Q 2023). Profit margin: 11% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.お知らせ • Nov 29TOCALO Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024TOCALO Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥24.05 (vs JP¥32.99 in 2Q 2023)Second quarter 2024 results: EPS: JP¥24.05 (down from JP¥32.99 in 2Q 2023). Revenue: JP¥11.2b (down 7.5% from 2Q 2023). Net income: JP¥1.45b (down 28% from 2Q 2023). Profit margin: 13% (down from 17% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%).お知らせ • Aug 30TOCALO Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023TOCALO Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥25.34 (vs JP¥31.44 in 1Q 2023)First quarter 2024 results: EPS: JP¥25.34 (down from JP¥31.44 in 1Q 2023). Revenue: JP¥11.8b (down 1.0% from 1Q 2023). Net income: JP¥1.54b (down 20% from 1Q 2023). Profit margin: 13% (down from 16% in 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jun 06Price target decreased by 9.1% to JP¥2,000Down from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,396. The company is forecast to post earnings per share of JP¥120 for next year compared to JP¥121 last year.お知らせ • May 31TOCALO Co.,Ltd. to Report Q1, 2024 Results on Jul 31, 2023TOCALO Co.,Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • May 12Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: JP¥121 (up from JP¥114 in FY 2022). Revenue: JP¥48.1b (up 9.9% from FY 2022). Net income: JP¥7.35b (up 6.4% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 11+ 1 more updateTOCALO Co.,Ltd., Annual General Meeting, Jun 23, 2023TOCALO Co.,Ltd., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).お知らせ • Feb 01TOCALO Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023TOCALO Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. The company expects net sales to be JPY 48,200 million, Operating profit to be JPY 11,200 million, net income attributable to owners of parent to be JPY 7,444 million or JPY 122.36 per basic share.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥28.76 (vs JP¥25.47 in 3Q 2022)Third quarter 2023 results: EPS: JP¥28.76 (up from JP¥25.47 in 3Q 2022). Revenue: JP¥12.4b (up 12% from 3Q 2022). Net income: JP¥1.75b (up 13% from 3Q 2022). Profit margin: 14% (in line with 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 04TOCALO Co.,Ltd. to Report Q3, 2023 Results on Jan 31, 2023TOCALO Co.,Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥32.99 (vs JP¥26.03 in 2Q 2022)Second quarter 2023 results: EPS: JP¥32.99 (up from JP¥26.03 in 2Q 2022). Revenue: JP¥12.1b (up 17% from 2Q 2022). Net income: JP¥2.01b (up 27% from 2Q 2022). Profit margin: 17% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.株主還元3433JP MachineryJP 市場7D-1.6%-5.4%-2.9%1Y46.3%30.4%33.1%株主還元を見る業界別リターン: 3433過去 1 年間で30.4 % の収益を上げたJP Machinery業界を上回りました。リターン対市場: 3433過去 1 年間で33.1 % の収益を上げたJP市場を上回りました。価格変動Is 3433's price volatile compared to industry and market?3433 volatility3433 Average Weekly Movement6.6%Machinery Industry Average Movement5.7%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: 3433の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 3433の weekly volatility ( 7% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19511,573Kazuya Kobayashiwww.tocalo.co.jp株式会社TOCALOは、国内外で表面改質技術を開発。真空・大気プラズマ、電気アーク、高速酸素溶射、懸濁プラズマ溶射、SDC厚膜溶射などの溶射技術や、粉末、ロッド、ワイヤーフレーム溶射プロセスにより機能性コーティングを製造。また、CDC-ZACコーティング、TDプロセス、PTAプロセス、WIN KOTE、PVDプロセス、レーザークラッドプロセスなどの表面改質技術も提供している。同社の製品は、半導体・FPD、鉄鋼、医療機器、発電、輸送機械、産業機械、紙パルプ、石油化学プラント、プラスチック・フィルム、建設、食品製造、切削工具などの用途で使用されている。前身は東洋カロライジング工業株式会社で、1981年に東カロ株式会社に社名変更。1951年に設立され、神戸に本社を置く。もっと見るTOCALO Co.,Ltd. 基礎のまとめTOCALOLtd の収益と売上を時価総額と比較するとどうか。3433 基礎統計学時価総額JP¥173.11b収益（TTM）JP¥10.06b売上高(TTM)JP¥58.49b17.2xPER（株価収益率3.0xP/Sレシオ3433 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3433 損益計算書（TTM）収益JP¥58.49b売上原価JP¥35.91b売上総利益JP¥22.58bその他の費用JP¥12.52b収益JP¥10.06b直近の収益報告Mar 31, 2026次回決算日Aug 05, 2026一株当たり利益（EPS）169.16グロス・マージン38.60%純利益率17.20%有利子負債／自己資本比率10.1%3433 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3.0%現在の配当利回り50%配当性向3433 配当は確実ですか？3433 配当履歴とベンチマークを見る3433 、いつまでに購入すれば配当金を受け取れますか？TOCALOLtd 配当日配当落ち日Sep 29 2026配当支払日Dec 02 2026配当落ちまでの日数59 days配当支払日までの日数123 days3433 配当は確実ですか？3433 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 16:51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TOCALO Co.,Ltd. 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。5 アナリスト機関Hidemitsu UmebayashiDaiwa Securities Co. Ltd.Mitsuhiro OsawaIchiyoshi Research Institute Inc.Hideki MurakamiMarusan Securities Co. Ltd.2 その他のアナリストを表示
New Risk • 3hNew 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 6.6% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).
Declared Dividend • Jul 25Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 17When Should You Buy TOCALO Co.,Ltd. (TSE:3433)?TOCALO Co.,Ltd. ( TSE:3433 ), is not the largest company out there, but it saw significant share price movement during...
Buy Or Sell Opportunity • Jun 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to JP¥3,020. The fair value is estimated to be JP¥2,495, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
お知らせ • May 30TOCALO Co.,Ltd. to Report Q1, 2027 Results on Aug 05, 2026TOCALO Co.,Ltd. announced that they will report Q1, 2027 results at 3:30 PM, Tokyo Standard Time on Aug 05, 2026
分析記事 • May 18Additional Considerations Required While Assessing TOCALOLtd's (TSE:3433) Strong EarningsTOCALO Co.,Ltd. ( TSE:3433 ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
New Risk • 3hNew 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 6.6% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change).
Declared Dividend • Jul 25Final dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 17When Should You Buy TOCALO Co.,Ltd. (TSE:3433)?TOCALO Co.,Ltd. ( TSE:3433 ), is not the largest company out there, but it saw significant share price movement during...
Buy Or Sell Opportunity • Jun 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to JP¥3,020. The fair value is estimated to be JP¥2,495, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 6.4% per annum over the same time period.
お知らせ • May 30TOCALO Co.,Ltd. to Report Q1, 2027 Results on Aug 05, 2026TOCALO Co.,Ltd. announced that they will report Q1, 2027 results at 3:30 PM, Tokyo Standard Time on Aug 05, 2026
分析記事 • May 18Additional Considerations Required While Assessing TOCALOLtd's (TSE:3433) Strong EarningsTOCALO Co.,Ltd. ( TSE:3433 ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...
New Risk • May 13New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 12Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥169 (up from JP¥135 in FY 2025). Revenue: JP¥58.5b (up 7.9% from FY 2025). Net income: JP¥10.1b (up 25% from FY 2025). Profit margin: 17% (up from 15% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 11TOCALO Co.,Ltd., Annual General Meeting, Jun 25, 2026TOCALO Co.,Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • May 01TOCALO Co.,Ltd. to Report Fiscal Year 2026 Results on May 11, 2026TOCALO Co.,Ltd. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 11, 2026
Buy Or Sell Opportunity • Apr 21Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to JP¥2,979. The fair value is estimated to be JP¥2,448, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥33.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 77%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Price Target Changed • Mar 04Price target increased by 18% to JP¥3,400Up from JP¥2,893, the current price target is an average from 2 analysts. New target price is 22% above last closing price of JP¥2,790. Stock is up 57% over the past year. The company is forecast to post earnings per share of JP¥144 for next year compared to JP¥135 last year.
分析記事 • Feb 06Here's What Analysts Are Forecasting For TOCALO Co.,Ltd. (TSE:3433) After Its Third-Quarter ResultsIt's been a good week for TOCALO Co.,Ltd. ( TSE:3433 ) shareholders, because the company has just released its latest...
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥33.90 (vs JP¥37.42 in 3Q 2025)Third quarter 2026 results: EPS: JP¥33.90 (down from JP¥37.42 in 3Q 2025). Revenue: JP¥14.3b (up 1.9% from 3Q 2025). Net income: JP¥2.02b (down 9.4% from 3Q 2025). Profit margin: 14% (down from 16% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% 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 • Jan 30New 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. This is currently the only risk that has been identified for the company.
分析記事 • Jan 13Estimating The Intrinsic Value Of TOCALO Co.,Ltd. (TSE:3433)Key Insights TOCALOLtd's estimated fair value is JP¥2,672 based on 2 Stage Free Cash Flow to Equity With JP¥2,406 share...
Buy Or Sell Opportunity • Dec 16Now 21% undervaluedOver the last 90 days, the stock has risen 1.8% to JP¥2,195. The fair value is estimated to be JP¥2,764, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 7.7%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.
分析記事 • Dec 03TOCALOLtd (TSE:3433) Has Announced That Its Dividend Will Be Reduced To ¥33.00TOCALO Co.,Ltd. ( TSE:3433 ) has announced that on 29th of June, it will be paying a dividend of¥33.00, which a...
お知らせ • Dec 03TOCALO Co.,Ltd. to Report Q3, 2026 Results on Feb 04, 2026TOCALO Co.,Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026
Declared Dividend • Dec 03First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Dec 01Now 21% undervaluedOver the last 90 days, the stock has risen 4.5% to JP¥2,177. The fair value is estimated to be JP¥2,742, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 7.7%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.
Buy Or Sell Opportunity • Nov 08Now 27% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥2,021. The fair value is estimated to be JP¥2,757, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 7.7%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period.
分析記事 • Nov 07TOCALOLtd (TSE:3433) Is Achieving High Returns On Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
分析記事 • Oct 08Is TOCALOLtd (TSE:3433) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Sep 22TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 3rd of December, with...
分析記事 • Sep 08TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥34.00 per share on the 3rd of...
お知らせ • Sep 01TOCALO Co.,Ltd. to Report Q2, 2026 Results on Nov 06, 2025TOCALO Co.,Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025
分析記事 • Aug 25TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 3rd of December, with...
分析記事 • Aug 11TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥34.00TOCALO Co.,Ltd. ( TSE:3433 ) will pay a dividend of ¥34.00 on the 3rd of December. This will take the dividend yield to...
分析記事 • Aug 07Revenue Beat: TOCALO Co.,Ltd. Exceeded Revenue Forecasts By 9.8% And Analysts Are Updating Their EstimatesLast week saw the newest quarterly earnings release from TOCALO Co.,Ltd. ( TSE:3433 ), an important milestone in the...
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: JP¥43.41 (vs JP¥31.73 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.41 (up from JP¥31.73 in 1Q 2025). Revenue: JP¥15.2b (up 18% from 1Q 2025). Net income: JP¥2.58b (up 37% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 25TOCALOLtd's (TSE:3433) Dividend Will Be ¥34.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 3rd of December, with...
Board Change • Jul 23Less 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, none were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Kazuyuki Tomita 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.
分析記事 • Jul 10TOCALOLtd's (TSE:3433) Dividend Will Be ¥34.00TOCALO Co.,Ltd.'s ( TSE:3433 ) investors are due to receive a payment of ¥34.00 per share on 3rd of December. This...
Declared Dividend • Jul 09Final dividend of JP¥34.00 announcedShareholders will receive a dividend of JP¥34.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥135 (up from JP¥106 in FY 2024). Revenue: JP¥54.2b (up 16% from FY 2024). Net income: JP¥8.05b (up 27% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 03TOCALO Co.,Ltd. to Report Q1, 2026 Results on Aug 05, 2025TOCALO Co.,Ltd. announced that they will report Q1, 2026 results on Aug 05, 2025
Reported Earnings • May 10Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥135 (up from JP¥106 in FY 2024). Revenue: JP¥54.2b (up 16% from FY 2024). Net income: JP¥8.05b (up 27% from FY 2024). Profit margin: 15% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 09TOCALO Co.,Ltd., Annual General Meeting, Jun 26, 2025TOCALO Co.,Ltd., Annual General Meeting, Jun 26, 2025.
分析記事 • Apr 08There's Reason For Concern Over TOCALO Co.,Ltd.'s (TSE:3433) PriceThere wouldn't be many who think TOCALO Co.,Ltd.'s ( TSE:3433 ) price-to-earnings (or "P/E") ratio of 11.3x is worth a...
分析記事 • Mar 21TOCALOLtd (TSE:3433) Is Increasing Its Dividend To ¥35.00TOCALO Co.,Ltd. ( TSE:3433 ) will increase its dividend from last year's comparable payment on the 30th of June to...
お知らせ • Mar 21TOCALO Co., Ltd. Announces Management ChangesTOCALO Co.,Ltd. announced retirement of Noriyuki MIFUNE as Chairman & Representative Director of the company. And Nobuyuki KUROKI as Director; Deputy President and Executive Officer. Yuji Chiba will retire from his position as Managing Executive Officer. The changes in Representative Directors and Directors will be officially decided at the 74th Annual General Meeting of Shareholders scheduled for June 26, 2025, and at a subsequent meeting of the Board of Directors.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%).
分析記事 • Mar 03TOCALOLtd's (TSE:3433) Upcoming Dividend Will Be Larger Than Last Year'sTOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥35.00 on...
お知らせ • Mar 01TOCALO Co.,Ltd. to Report Fiscal Year 2025 Results on May 09, 2025TOCALO Co.,Ltd. announced that they will report fiscal year 2025 results on May 09, 2025
Reported Earnings • Feb 05Third quarter 2025 earnings released: EPS: JP¥37.42 (vs JP¥21.75 in 3Q 2024)Third quarter 2025 results: EPS: JP¥37.42 (up from JP¥21.75 in 3Q 2024). Revenue: JP¥14.0b (up 19% from 3Q 2024). Net income: JP¥2.23b (up 72% from 3Q 2024). Profit margin: 16% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 04TOCALOLtd's (TSE:3433) Upcoming Dividend Will Be Larger Than Last Year'sThe board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will be paying its dividend of ¥33.00 on the 30th of...
お知らせ • Feb 04+ 1 more updateTocalo Co.,Ltd. Increases Dividend Guidance for the Fiscal Year Ending March 31, 2025TOCALO Co.,Ltd. increased dividend guidance for the fiscal year ending March 31, 2025. For the full year, the company expects dividend of JPY 35.00 per share compare to JPY 33.00 per share of pervious guidance.
分析記事 • Jan 10TOCALOLtd (TSE:3433) Will Pay A Larger Dividend Than Last Year At ¥33.00TOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥33.00 on...
分析記事 • Dec 18TOCALOLtd (TSE:3433) Is Paying Out A Larger Dividend Than Last YearTOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥33.00 on...
分析記事 • Dec 04TOCALOLtd's (TSE:3433) Dividend Will Be Increased To ¥33.00TOCALO Co.,Ltd.'s ( TSE:3433 ) dividend will be increasing from last year's payment of the same period to ¥33.00 on...
お知らせ • Dec 04TOCALO Co.,Ltd. to Report Q3, 2025 Results on Feb 04, 2025TOCALO Co.,Ltd. announced that they will report Q3, 2025 results on Feb 04, 2025
Declared Dividend • Dec 04First half dividend of JP¥33.00 announcedShareholders will receive a dividend of JP¥33.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (dividend approximately 46x free cash flows). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥28.09 (vs JP¥24.05 in 2Q 2024)Second quarter 2025 results: EPS: JP¥28.09 (up from JP¥24.05 in 2Q 2024). Revenue: JP¥13.0b (up 16% from 2Q 2024). Net income: JP¥1.67b (up 16% from 2Q 2024). Profit margin: 13% (in line with 2Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Sep 25TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.9%).
Price Target Changed • Sep 11Price target decreased by 10.0% to JP¥2,700Down from JP¥3,000, the current price target is an average from 2 analysts. New target price is 59% above last closing price of JP¥1,699. Stock is up 20% over the past year. The company is forecast to post earnings per share of JP¥125 for next year compared to JP¥106 last year.
分析記事 • Sep 06TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...
お知らせ • Aug 27TOCALO Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024TOCALO Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
分析記事 • Aug 23TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...
分析記事 • Aug 09TOCALOLtd (TSE:3433) Will Pay A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...
分析記事 • Aug 06TOCALO Co.,Ltd. (TSE:3433) Stocks Pounded By 27% But Not Lagging Market On Growth Or PricingTOCALO Co.,Ltd. ( TSE:3433 ) shareholders won't be pleased to see that the share price has had a very rough month...
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 6.8% 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 Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change).
分析記事 • Aug 03TOCALO Co.,Ltd. Just Beat Revenue By 8.1%: Here's What Analysts Think Will Happen NextLast week, you might have seen that TOCALO Co.,Ltd. ( TSE:3433 ) released its first-quarter result to the market. The...
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥31.73 (vs JP¥25.34 in 1Q 2024)First quarter 2025 results: EPS: JP¥31.73 (up from JP¥25.34 in 1Q 2024). Revenue: JP¥12.9b (up 9.1% from 1Q 2024). Net income: JP¥1.89b (up 23% from 1Q 2024). Profit margin: 15% (up from 13% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 30TOCALO Co.,Ltd. (TSE:3433) completed the acquisition of remaining 51% stake in NEIS & TOCALO (Thailand) Co., Ltd. from Neis (Thailand) Company Limited and Neis Co.,Ltd.TOCALO Co.,Ltd. (TSE:3433) signed a letter of intent to acquire an remaining 51% stake in NEIS & TOCALO (Thailand) Co., Ltd. from Neis (Thailand) Company Limited and Neis Co.,Ltd. for THB 80 million on June 21, 2024. A cash consideration of THB 80 million will be paid by TOCALO Co.,Ltd. As part of consideration, THB 80 million is paid towards common equity of NEIS & TOCALO (Thailand) Co., Ltd. Upon completion, TOCALO Co.,Ltd. will own 100% stake in NEIS & TOCALO (Thailand) Co., Ltd. For the period ending December 31, 2023, NEIS & TOCALO (Thailand) Co., Ltd. reported total revenue of THB 79 million, EBIT of THB 3 million and net income of THB 2 million. As of December 31, 2023, NEIS & TOCALO (Thailand) Co., Ltd. reported total assets of THB 170 million and total common equity of THB 158 million. The expected agreement date is June 24, 2024, and expected completion of the transaction is June 25, 2024. TOCALO Co.,Ltd. (TSE:3433) completed the acquisition of remaining 51% stake in NEIS & TOCALO (Thailand) Co., Ltd. from Neis (Thailand) Company Limited and Neis Co.,Ltd. on July 30, 2024. NEIS & TOCALO (Thailand) Co., Ltd. has been completed, and its trade name has been changed to TOCALO Surface Technology (Thailand) Co., Ltd. with effect from July 30, 2024.
分析記事 • Jul 26TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥28.00 per share on the 4th of...
分析記事 • Jul 12TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥28.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend on the 4th of December, with...
Declared Dividend • Jul 11Final dividend increased to JP¥28.00Dividend of JP¥28.00 is 12% higher than last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 23TOCALO Co.,Ltd. to Report Q1, 2025 Results on Jul 31, 2024TOCALO Co.,Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
分析記事 • May 11TOCALO Co.,Ltd. (TSE:3433) Just Reported Yearly Earnings And Analysts Are Lifting Their EstimatesInvestors in TOCALO Co.,Ltd. ( TSE:3433 ) had a good week, as its shares rose 7.8% to close at JP¥1,954 following the...
Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥106 (down from JP¥121 in FY 2023). Revenue: JP¥46.7b (down 2.9% from FY 2023). Net income: JP¥6.33b (down 14% from FY 2023). Profit margin: 14% (down from 15% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery 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 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 11TOCALO Co.,Ltd., Annual General Meeting, Jun 27, 2024TOCALO Co.,Ltd., Annual General Meeting, Jun 27, 2024.
お知らせ • May 10+ 1 more updateTOCALO Co.,Ltd. Provides Consolidated Earnings Guidance for the Second Quarter (Cumulative) and Full Year of Fiscal Year Ending March 31, 2025TOCALO Co.,Ltd. provided consolidated earnings guidance for the second quarter (cumulative) and full year of fiscal year ending March 31, 2025. For the period, the company expects net sales to be JPY 24,500 million, Operating profit to be JPY 5,000 million, net income attributable to owners of parent to be JPY 3,290 million or JPY 55.35 per basic share.For the full year, the company expects net sales to be JPY 51,000 million, Operating profit to be JPY 10,500 million, net income attributable to owners of parent to be JPY 6,880 million or JPY 115.75 per basic share.
分析記事 • Mar 26TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥25.00The board of TOCALO Co.,Ltd. ( TSE:3433 ) has announced that it will pay a dividend of ¥25.00 per share on the 26th of...
Buy Or Sell Opportunity • Mar 25Now 22% undervaluedOver the last 90 days, the stock has risen 19% to JP¥1,748. The fair value is estimated to be JP¥2,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 6.9%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.9%).
分析記事 • Mar 12TOCALOLtd (TSE:3433) Has Announced A Dividend Of ¥25.00TOCALO Co.,Ltd. ( TSE:3433 ) will pay a dividend of ¥25.00 on the 26th of June. The yield is still above the industry...
お知らせ • Mar 03TOCALO Co.,Ltd. to Report Fiscal Year 2024 Results on May 09, 2024TOCALO Co.,Ltd. announced that they will report fiscal year 2024 results on May 09, 2024
分析記事 • Feb 27TOCALOLtd (TSE:3433) Is Due To Pay A Dividend Of ¥25.00TOCALO Co.,Ltd. ( TSE:3433 ) will pay a dividend of ¥25.00 on the 26th of June. The dividend yield of 3.1% is still a...
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥21.75 (vs JP¥28.76 in 3Q 2023)Third quarter 2024 results: EPS: JP¥21.75 (down from JP¥28.76 in 3Q 2023). Revenue: JP¥11.8b (down 4.8% from 3Q 2023). Net income: JP¥1.30b (down 26% from 3Q 2023). Profit margin: 11% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Nov 29TOCALO Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024TOCALO Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥24.05 (vs JP¥32.99 in 2Q 2023)Second quarter 2024 results: EPS: JP¥24.05 (down from JP¥32.99 in 2Q 2023). Revenue: JP¥11.2b (down 7.5% from 2Q 2023). Net income: JP¥1.45b (down 28% from 2Q 2023). Profit margin: 13% (down from 17% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥25.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.1%).
お知らせ • Aug 30TOCALO Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023TOCALO Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥25.34 (vs JP¥31.44 in 1Q 2023)First quarter 2024 results: EPS: JP¥25.34 (down from JP¥31.44 in 1Q 2023). Revenue: JP¥11.8b (down 1.0% from 1Q 2023). Net income: JP¥1.54b (down 20% from 1Q 2023). Profit margin: 13% (down from 16% in 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jun 06Price target decreased by 9.1% to JP¥2,000Down from JP¥2,200, the current price target is provided by 1 analyst. New target price is 43% above last closing price of JP¥1,396. The company is forecast to post earnings per share of JP¥120 for next year compared to JP¥121 last year.
お知らせ • May 31TOCALO Co.,Ltd. to Report Q1, 2024 Results on Jul 31, 2023TOCALO Co.,Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • May 12Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: JP¥121 (up from JP¥114 in FY 2022). Revenue: JP¥48.1b (up 9.9% from FY 2022). Net income: JP¥7.35b (up 6.4% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 11+ 1 more updateTOCALO Co.,Ltd., Annual General Meeting, Jun 23, 2023TOCALO Co.,Ltd., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).
お知らせ • Feb 01TOCALO Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023TOCALO Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. The company expects net sales to be JPY 48,200 million, Operating profit to be JPY 11,200 million, net income attributable to owners of parent to be JPY 7,444 million or JPY 122.36 per basic share.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥28.76 (vs JP¥25.47 in 3Q 2022)Third quarter 2023 results: EPS: JP¥28.76 (up from JP¥25.47 in 3Q 2022). Revenue: JP¥12.4b (up 12% from 3Q 2022). Net income: JP¥1.75b (up 13% from 3Q 2022). Profit margin: 14% (in line with 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 04TOCALO Co.,Ltd. to Report Q3, 2023 Results on Jan 31, 2023TOCALO Co.,Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥32.99 (vs JP¥26.03 in 2Q 2022)Second quarter 2023 results: EPS: JP¥32.99 (up from JP¥26.03 in 2Q 2022). Revenue: JP¥12.1b (up 17% from 2Q 2022). Net income: JP¥2.01b (up 27% from 2Q 2022). Profit margin: 17% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
