View Future GrowthTOA 過去の業績過去 基準チェック /56TOAは、平均年間12.1%の収益成長を遂げていますが、 Consumer Durables業界の収益は、年間 成長しています。収益は、平均年間2.8% 6.4%収益成長率で 成長しています。 TOAの自己資本利益率は6%であり、純利益率は6%です。主要情報12.07%収益成長率14.02%EPS成長率Consumer Durables 業界の成長6.80%収益成長率6.35%株主資本利益率6.05%ネット・マージン5.98%前回の決算情報31 Mar 2026最近の業績更新分析記事 • May 15Investors Shouldn't Be Too Comfortable With TOA's (TSE:6809) EarningsTOA Corporation's ( TSE:6809 ) robust earnings report didn't manage to move the market for its stock. We did some...お知らせ • May 10TOA Corporation to Report Fiscal Year 2026 Results on May 13, 2026TOA Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026Reported Earnings • May 08Full year 2026 earnings released: EPS: JP¥106 (vs JP¥78.63 in FY 2025)Full year 2026 results: EPS: JP¥106 (up from JP¥78.63 in FY 2025). Revenue: JP¥55.4b (up 9.4% from FY 2025). Net income: JP¥3.31b (up 40% from FY 2025). Profit margin: 6.0% (up from 4.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 22% per year.Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥46.15 (vs JP¥38.24 in 3Q 2025)Third quarter 2026 results: EPS: JP¥46.15 (up from JP¥38.24 in 3Q 2025). Revenue: JP¥14.6b (up 11% from 3Q 2025). Net income: JP¥1.41b (up 22% from 3Q 2025). Profit margin: 9.6% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 24TOA Corporation to Report Q3, 2026 Results on Feb 03, 2026TOA Corporation announced that they will report Q3, 2026 results on Feb 03, 2026Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥26.99 (vs JP¥8.35 in 2Q 2025)Second quarter 2026 results: EPS: JP¥26.99 (up from JP¥8.35 in 2Q 2025). Revenue: JP¥12.9b (up 9.2% from 2Q 2025). Net income: JP¥812.0m (up 224% from 2Q 2025). Profit margin: 6.3% (up from 2.1% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.すべての更新を表示Recent updatesNew Risk • May 24New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding).分析記事 • May 15Investors Shouldn't Be Too Comfortable With TOA's (TSE:6809) EarningsTOA Corporation's ( TSE:6809 ) robust earnings report didn't manage to move the market for its stock. We did some...お知らせ • May 10TOA Corporation to Report Fiscal Year 2026 Results on May 13, 2026TOA Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026Reported Earnings • May 08Full year 2026 earnings released: EPS: JP¥106 (vs JP¥78.63 in FY 2025)Full year 2026 results: EPS: JP¥106 (up from JP¥78.63 in FY 2025). Revenue: JP¥55.4b (up 9.4% from FY 2025). Net income: JP¥3.31b (up 40% from FY 2025). Profit margin: 6.0% (up from 4.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 22% per year.お知らせ • May 07TOA Corporation, Annual General Meeting, Jun 25, 2026TOA Corporation, Annual General Meeting, Jun 25, 2026.Buy Or Sell Opportunity • Mar 31Now 20% undervaluedOver the last 90 days, the stock has risen 9.7% to JP¥1,758. The fair value is estimated to be JP¥2,208, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 25%.Upcoming Dividend • Mar 23Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 55% and the cash payout ratio is 76%. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Mar 04Now 20% undervaluedOver the last 90 days, the stock has risen 3.6% to JP¥1,725. The fair value is estimated to be JP¥2,164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 25%.Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥46.15 (vs JP¥38.24 in 3Q 2025)Third quarter 2026 results: EPS: JP¥46.15 (up from JP¥38.24 in 3Q 2025). Revenue: JP¥14.6b (up 11% from 3Q 2025). Net income: JP¥1.41b (up 22% from 3Q 2025). Profit margin: 9.6% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 04Estimating The Fair Value Of TOA Corporation (TSE:6809)Key Insights Using the 2 Stage Free Cash Flow to Equity, TOA fair value estimate is JP¥2,019 Current share price of...New Risk • Feb 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding).お知らせ • Dec 24TOA Corporation to Report Q3, 2026 Results on Feb 03, 2026TOA Corporation announced that they will report Q3, 2026 results on Feb 03, 2026New Risk • Dec 10New 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. This is currently the only risk that has been identified for the company.Declared Dividend • Dec 03First half dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (66% cash payout ratio). 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. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,706, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 159% over the past three years.分析記事 • Nov 06Investors Appear Satisfied With TOA Corporation's (TSE:6809) Prospects As Shares Rocket 32%TOA Corporation ( TSE:6809 ) shares have continued their recent momentum with a 32% gain in the last month alone. The...Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥26.99 (vs JP¥8.35 in 2Q 2025)Second quarter 2026 results: EPS: JP¥26.99 (up from JP¥8.35 in 2Q 2025). Revenue: JP¥12.9b (up 9.2% from 2Q 2025). Net income: JP¥812.0m (up 224% from 2Q 2025). Profit margin: 6.3% (up from 2.1% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).分析記事 • Sep 22TOA (TSE:6809) Has Announced A Dividend Of ¥20.00The board of TOA Corporation ( TSE:6809 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...分析記事 • Sep 01TOA (TSE:6809) Is Paying Out A Dividend Of ¥20.00TOA Corporation's ( TSE:6809 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. Based on...お知らせ • Sep 01TOA Corporation to Report Q2, 2026 Results on Nov 04, 2025TOA Corporation announced that they will report Q2, 2026 results on Nov 04, 2025Reported Earnings • Aug 05First quarter 2026 earnings released: EPS: JP¥0.67 (vs JP¥3.73 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥0.67 (up from JP¥3.73 loss in 1Q 2025). Revenue: JP¥11.2b (up 1.8% from 1Q 2025). Net income: JP¥20.0m (up JP¥132.0m from 1Q 2025). Profit margin: 0.2% (up from net loss in 1Q 2025). 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.分析記事 • Jul 23TOA (TSE:6809) Will Pay A Dividend Of ¥20.00The board of TOA Corporation ( TSE:6809 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...分析記事 • Jul 09TOA (TSE:6809) Has Announced A Dividend Of ¥20.00The board of TOA Corporation ( TSE:6809 ) has announced that it will pay a dividend on the 3rd of December, with...Declared Dividend • Jul 09Final dividend of JP¥20.00 announcedDividend of JP¥20.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has grown by 5.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 29Full year 2025 earnings released: EPS: JP¥78.63 (vs JP¥62.58 in FY 2024)Full year 2025 results: EPS: JP¥78.63 (up from JP¥62.58 in FY 2024). Revenue: JP¥50.6b (up 3.7% from FY 2024). Net income: JP¥2.36b (up 18% from FY 2024). Profit margin: 4.7% (up from 4.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.分析記事 • May 09Market Might Still Lack Some Conviction On TOA Corporation (TSE:6809) Even After 26% Share Price BoostTOA Corporation ( TSE:6809 ) shareholders would be excited to see that the share price has had a great month, posting a...Reported Earnings • May 04Full year 2025 earnings released: EPS: JP¥78.63 (vs JP¥62.58 in FY 2024)Full year 2025 results: EPS: JP¥78.63 (up from JP¥62.58 in FY 2024). Revenue: JP¥50.6b (up 3.7% from FY 2024). Net income: JP¥2.36b (up 18% from FY 2024). Profit margin: 4.7% (up from 4.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.お知らせ • May 02+ 3 more updatesTOA Corporation, Annual General Meeting, Jun 25, 2025TOA Corporation, Annual General Meeting, Jun 25, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).お知らせ • Mar 06TOA Corporation to Report Fiscal Year 2025 Results on May 13, 2025TOA Corporation announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: JP¥38.24 (vs JP¥25.45 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.24 (up from JP¥25.45 in 3Q 2024). Revenue: JP¥13.1b (up 4.8% from 3Q 2024). Net income: JP¥1.15b (up 40% from 3Q 2024). Profit margin: 8.8% (up from 6.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.お知らせ • Nov 30TOA Corporation to Report Q3, 2025 Results on Feb 03, 2025TOA Corporation announced that they will report Q3, 2025 results on Feb 03, 2025Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥8.35 (vs JP¥24.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥8.35 (down from JP¥24.93 in 2Q 2024). Revenue: JP¥11.8b (flat on 2Q 2024). Net income: JP¥251.0m (down 69% from 2Q 2024). Profit margin: 2.1% (down from 6.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).Reported Earnings • Aug 07First quarter 2025 earnings released: JP¥3.73 loss per share (vs JP¥1.96 loss in 1Q 2024)First quarter 2025 results: JP¥3.73 loss per share (further deteriorated from JP¥1.96 loss in 1Q 2024). Revenue: JP¥11.0b (up 9.3% from 1Q 2024). Net loss: JP¥112.0m (loss widened 78% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.分析記事 • Aug 06Some Investors May Be Worried About TOA's (TSE:6809) Returns On CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥828, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 12% over the past three years.New Risk • Jul 12New major risk - Revenue and earnings growthEarnings have declined by 4.2% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company.お知らせ • Jun 02TOA Corporation to Report Q1, 2025 Results on Aug 09, 2024TOA Corporation announced that they will report Q1, 2025 results on Aug 09, 2024お知らせ • May 05TOA Corporation, Annual General Meeting, Jun 26, 2024TOA Corporation, Annual General Meeting, Jun 26, 2024.Reported Earnings • May 04Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥62.58 (up from JP¥54.48 in FY 2023). Revenue: JP¥48.8b (up 8.2% from FY 2023). Net income: JP¥2.00b (up 13% from FY 2023). Profit margin: 4.1% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Consumer Durables 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.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.6%).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お知らせ • Feb 15TOA Corporation (TSE:6809) announces an Equity Buyback for 2,150,000 shares, representing 6.68% for ¥2,343.5 million.TOA Corporation (TSE:6809) announces a share repurchase program. Under the program, the company will repurchase 2,150,000 shares, representing 4.1% of the issued shares (excluding treasury stock) for ¥2,343.5 million. The shares will be repurchased at ¥1,090 per share. The purpose of the program is to implement flexible capital policies and returns to shareholders in response to changes in the business environment. As of January 31, 2024, the company had 32,181,687 issued shares (excluding treasury stock) and 1,954,948 shares in treasury.Reported Earnings • Feb 04Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥25.45 (up from JP¥7.77 in 3Q 2023). Revenue: JP¥12.5b (up 11% from 3Q 2023). Net income: JP¥819.0m (up 226% from 3Q 2023). Profit margin: 6.6% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.お知らせ • Nov 29TOA Corporation to Report Q3, 2024 Results on Feb 02, 2024TOA Corporation announced that they will report Q3, 2024 results on Feb 02, 2024Reported Earnings • Nov 04Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥24.93 (up from JP¥11.12 in 2Q 2023). Revenue: JP¥11.8b (up 5.6% from 2Q 2023). Net income: JP¥802.0m (up 122% from 2Q 2023). Profit margin: 6.8% (up from 3.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 98%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is on the higher end at 90% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%).Price Target Changed • Sep 13Price target increased by 65% to JP¥1,350Up from JP¥820, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥1,173. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥48.70 for next year compared to JP¥54.48 last year.Reported Earnings • Aug 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: JP¥1.96 loss per share (down from JP¥8.20 profit in 1Q 2023). Revenue: JP¥10.0b (up 11% from 1Q 2023). Net loss: JP¥63.0m (down 124% from profit in 1Q 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables 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 15% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jun 25Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥54.48 (up from JP¥45.06 in FY 2022). Revenue: JP¥45.1b (up 10% from FY 2022). Net income: JP¥1.77b (up 20% from FY 2022). Profit margin: 3.9% (up from 3.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Durables 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 7% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥54.48 (up from JP¥45.06 in FY 2022). Revenue: JP¥45.1b (up 10% from FY 2022). Net income: JP¥1.77b (up 20% from FY 2022). Profit margin: 3.9% (up from 3.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Consumer Durables 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 7% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 24 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Major Estimate Revision • Feb 23Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥43.6b to JP¥45.0b. EPS estimate fell from JP¥62.00 to JP¥52.80 per share. Net income forecast to grow 2.3% next year vs 6.7% growth forecast for Consumer Durables industry in Japan. Consensus price target down from JP¥820 to JP¥770. Share price was steady at JP¥789 over the past week.Price Target Changed • Feb 22Price target decreased by 11% to JP¥770Down from JP¥870, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥789. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of JP¥52.80 for next year compared to JP¥45.06 last year.Reported Earnings • Feb 03Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥7.77 (down from JP¥10.54 in 3Q 2022). Revenue: JP¥11.2b (up 10% from 3Q 2022). Net income: JP¥251.0m (down 27% from 3Q 2022). Profit margin: 2.2% (down from 3.4% in 3Q 2022). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 18Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥11.12 (down from JP¥17.33 in 2Q 2022). Revenue: JP¥11.2b (up 5.3% from 2Q 2022). Net income: JP¥362.0m (down 36% from 2Q 2022). Profit margin: 3.2% (down from 5.3% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Minoru Handa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 03Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥11.12 (down from JP¥17.33 in 2Q 2022). Revenue: JP¥11.2b (up 5.3% from 2Q 2022). Net income: JP¥362.0m (down 36% from 2Q 2022). Profit margin: 3.2% (down from 5.3% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 03First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥8.20 (up from JP¥3.20 loss in 1Q 2022). Revenue: JP¥9.08b (up 9.8% from 1Q 2022). Net income: JP¥267.0m (up JP¥371.0m from 1Q 2022). Profit margin: 2.9% (up from net loss in 1Q 2022). Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 5.2%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥819, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total loss to shareholders of 24% over the past three years.お知らせ • May 05TOA Corporation, Annual General Meeting, Jun 23, 2022TOA Corporation, Annual General Meeting, Jun 23, 2022.Reported Earnings • May 04Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥45.06 (down from JP¥48.85 in FY 2021). Revenue: JP¥40.9b (flat on FY 2021). Net income: JP¥1.47b (down 8.1% from FY 2021). Profit margin: 3.6% (down from 3.9% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 3.3%, compared to a 5.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 16% per year.Price Target Changed • Apr 27Price target decreased to JP¥870Down from JP¥1,200, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥691. Stock is down 20% over the past year. The company is forecast to post earnings per share of JP¥49.00 for next year compared to JP¥48.85 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Masashi Murata 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. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%).Price Target Changed • Feb 20Price target decreased to JP¥870Down from JP¥1,200, the current price target is provided by 1 analyst. New target price is 11% above last closing price of JP¥781. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥49.00 for next year compared to JP¥48.85 last year.Reported Earnings • Feb 03Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥10.54 (down from JP¥20.57 in 3Q 2021). Revenue: JP¥10.2b (down 2.1% from 3Q 2021). Net income: JP¥343.0m (down 49% from 3Q 2021). Profit margin: 3.4% (down from 6.4% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the next year, revenue is forecast to grow 6.0%, compared to a 6.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Nov 04Second quarter 2022 earnings released: EPS JP¥17.33 (vs JP¥6.86 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥10.7b (up 16% from 2Q 2021). Net income: JP¥564.0m (up 153% from 2Q 2021). Profit margin: 5.3% (up from 2.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).Price Target Changed • Sep 07Price target decreased to JP¥1,025Down from JP¥1,200, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥862. Stock is up 14% over the past year.Reported Earnings • Jun 26Full year 2021 earnings released: EPS JP¥48.85 (vs JP¥60.96 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.6b (down 10.0% from FY 2020). Net income: JP¥1.60b (down 23% from FY 2020). Profit margin: 3.9% (down from 4.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • May 09Full year 2021 earnings released: EPS JP¥48.85 (vs JP¥60.96 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.6b (down 10.0% from FY 2020). Net income: JP¥1.60b (down 23% from FY 2020). Profit margin: 3.9% (down from 4.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%).お知らせ • Mar 06TOA Corporation to Report Fiscal Year 2021 Results on May 07, 2021TOA Corporation announced that they will report fiscal year 2021 results on May 07, 2021Is New 90 Day High Low • Mar 01New 90-day high: JP¥949The company is up 9.0% from its price of JP¥873 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥836 per share.Price Target Changed • Feb 24Price target raised to JP¥1,100Up from JP¥925, the current price target is an average from 3 analysts. The new target price is 22% above the current share price of JP¥901. As of last close, the stock is down 9.9% over the past year.Major Estimate Revision • Feb 24Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from JP¥30.80 to JP¥44.80. Revenue estimate for the same period was approximately flat at JP¥41.2b. Net income is expected to grow by 18% next year compared to 7.0% growth forecast for the Consumer Durables industry in Japan. The consensus price target increased from JP¥925 to JP¥1,100. Share price is down by 1.3% to JP¥901 over the past week.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥20.57 (vs JP¥12.54 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥10.4b (flat on 3Q 2020). Net income: JP¥669.0m (up 57% from 3Q 2020). Profit margin: 6.4% (up from 4.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 16% per year.Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 1.7%, compared to a 4.0% growth forecast for the Consumer Durables industry in Japan.収支内訳TOA の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:6809 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Mar 2655,3863,31320,061031 Dec 2553,3933,31419,527030 Sep 2551,9083,05718,413030 Jun 2550,8262,49619,156031 Mar 2550,6262,36417,907031 Dec 2450,2951,72818,047030 Sep 2449,6921,39717,578030 Jun 2449,7511,94817,216031 Mar 2448,8141,99716,915031 Dec 2347,9582,44316,358030 Sep 2346,7071,87516,142030 Jun 2346,0811,43515,899031 Mar 2345,1231,76515,528031 Dec 2243,2901,54315,059030 Sep 2242,2341,63514,815030 Jun 2241,6731,83714,567031 Mar 2240,8641,46614,390031 Dec 2141,6291,88514,266030 Sep 2141,8462,21114,106030 Jun 2140,3901,87014,040031 Mar 2140,5751,59614,150031 Dec 2041,9131,48414,748030 Sep 2041,9681,24015,106030 Jun 2044,4481,65615,569031 Mar 2045,0682,06515,769031 Dec 1945,1452,02815,960030 Sep 1946,9912,46415,962030 Jun 1946,6302,57315,712031 Mar 1946,3382,50415,651031 Dec 1846,6162,70815,592030 Sep 1845,0122,42215,392030 Jun 1844,8332,39015,180031 Mar 1844,1802,13815,103031 Dec 1743,1631,97614,915030 Sep 1742,3531,94614,812030 Jun 1742,4971,86014,905031 Mar 1742,5041,75014,987031 Dec 1643,0421,60515,319030 Sep 1644,2641,62915,469030 Jun 1644,9461,74915,521031 Mar 1645,8402,09315,403031 Dec 1546,9362,47015,293030 Sep 1547,2312,81015,356030 Jun 1546,2112,97915,3520質の高い収益: 6809は 高品質の収益 を持っています。利益率の向上: 6809の現在の純利益率 (6%)は、昨年(4.7%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6809の収益は過去 5 年間で年間12.1%増加しました。成長の加速: 6809の過去 1 年間の収益成長率 ( 40.1% ) は、5 年間の平均 ( 年間12.1%を上回っています。収益対業界: 6809の過去 1 年間の収益成長率 ( 40.1% ) はConsumer Durables業界19.7%を上回りました。株主資本利益率高いROE: 6809の 自己資本利益率 ( 6% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-durables 、過去の業績が好調な企業。View Financial Health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2026/06/13 21:13終値2026/06/12 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋TOA Corporation 0 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。3 アナリスト機関Yusuke NaitoIchiyoshi Research Institute Inc.Shogo OkiMarusan Securities Co. Ltd.Masahiko IshinoTokai Tokyo Intelligence Laboratory Co., Ltd.
分析記事 • May 15Investors Shouldn't Be Too Comfortable With TOA's (TSE:6809) EarningsTOA Corporation's ( TSE:6809 ) robust earnings report didn't manage to move the market for its stock. We did some...
お知らせ • May 10TOA Corporation to Report Fiscal Year 2026 Results on May 13, 2026TOA Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026
Reported Earnings • May 08Full year 2026 earnings released: EPS: JP¥106 (vs JP¥78.63 in FY 2025)Full year 2026 results: EPS: JP¥106 (up from JP¥78.63 in FY 2025). Revenue: JP¥55.4b (up 9.4% from FY 2025). Net income: JP¥3.31b (up 40% from FY 2025). Profit margin: 6.0% (up from 4.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 22% per year.
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥46.15 (vs JP¥38.24 in 3Q 2025)Third quarter 2026 results: EPS: JP¥46.15 (up from JP¥38.24 in 3Q 2025). Revenue: JP¥14.6b (up 11% from 3Q 2025). Net income: JP¥1.41b (up 22% from 3Q 2025). Profit margin: 9.6% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 24TOA Corporation to Report Q3, 2026 Results on Feb 03, 2026TOA Corporation announced that they will report Q3, 2026 results on Feb 03, 2026
Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥26.99 (vs JP¥8.35 in 2Q 2025)Second quarter 2026 results: EPS: JP¥26.99 (up from JP¥8.35 in 2Q 2025). Revenue: JP¥12.9b (up 9.2% from 2Q 2025). Net income: JP¥812.0m (up 224% from 2Q 2025). Profit margin: 6.3% (up from 2.1% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • May 24New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding).
分析記事 • May 15Investors Shouldn't Be Too Comfortable With TOA's (TSE:6809) EarningsTOA Corporation's ( TSE:6809 ) robust earnings report didn't manage to move the market for its stock. We did some...
お知らせ • May 10TOA Corporation to Report Fiscal Year 2026 Results on May 13, 2026TOA Corporation announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026
Reported Earnings • May 08Full year 2026 earnings released: EPS: JP¥106 (vs JP¥78.63 in FY 2025)Full year 2026 results: EPS: JP¥106 (up from JP¥78.63 in FY 2025). Revenue: JP¥55.4b (up 9.4% from FY 2025). Net income: JP¥3.31b (up 40% from FY 2025). Profit margin: 6.0% (up from 4.7% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 22% per year.
お知らせ • May 07TOA Corporation, Annual General Meeting, Jun 25, 2026TOA Corporation, Annual General Meeting, Jun 25, 2026.
Buy Or Sell Opportunity • Mar 31Now 20% undervaluedOver the last 90 days, the stock has risen 9.7% to JP¥1,758. The fair value is estimated to be JP¥2,208, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 25%.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥48.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 55% and the cash payout ratio is 76%. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Mar 04Now 20% undervaluedOver the last 90 days, the stock has risen 3.6% to JP¥1,725. The fair value is estimated to be JP¥2,164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 25%.
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: JP¥46.15 (vs JP¥38.24 in 3Q 2025)Third quarter 2026 results: EPS: JP¥46.15 (up from JP¥38.24 in 3Q 2025). Revenue: JP¥14.6b (up 11% from 3Q 2025). Net income: JP¥1.41b (up 22% from 3Q 2025). Profit margin: 9.6% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 04Estimating The Fair Value Of TOA Corporation (TSE:6809)Key Insights Using the 2 Stage Free Cash Flow to Equity, TOA fair value estimate is JP¥2,019 Current share price of...
New Risk • Feb 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding).
お知らせ • Dec 24TOA Corporation to Report Q3, 2026 Results on Feb 03, 2026TOA Corporation announced that they will report Q3, 2026 results on Feb 03, 2026
New Risk • Dec 10New 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. This is currently the only risk that has been identified for the company.
Declared Dividend • Dec 03First half dividend of JP¥45.00 announcedShareholders will receive a dividend of JP¥45.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (66% cash payout ratio). 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. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 30%After last week's 30% share price gain to JP¥1,706, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 159% over the past three years.
分析記事 • Nov 06Investors Appear Satisfied With TOA Corporation's (TSE:6809) Prospects As Shares Rocket 32%TOA Corporation ( TSE:6809 ) shares have continued their recent momentum with a 32% gain in the last month alone. The...
Reported Earnings • Nov 06Second quarter 2026 earnings released: EPS: JP¥26.99 (vs JP¥8.35 in 2Q 2025)Second quarter 2026 results: EPS: JP¥26.99 (up from JP¥8.35 in 2Q 2025). Revenue: JP¥12.9b (up 9.2% from 2Q 2025). Net income: JP¥812.0m (up 224% from 2Q 2025). Profit margin: 6.3% (up from 2.1% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).
分析記事 • Sep 22TOA (TSE:6809) Has Announced A Dividend Of ¥20.00The board of TOA Corporation ( TSE:6809 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
分析記事 • Sep 01TOA (TSE:6809) Is Paying Out A Dividend Of ¥20.00TOA Corporation's ( TSE:6809 ) investors are due to receive a payment of ¥20.00 per share on 3rd of December. Based on...
お知らせ • Sep 01TOA Corporation to Report Q2, 2026 Results on Nov 04, 2025TOA Corporation announced that they will report Q2, 2026 results on Nov 04, 2025
Reported Earnings • Aug 05First quarter 2026 earnings released: EPS: JP¥0.67 (vs JP¥3.73 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥0.67 (up from JP¥3.73 loss in 1Q 2025). Revenue: JP¥11.2b (up 1.8% from 1Q 2025). Net income: JP¥20.0m (up JP¥132.0m from 1Q 2025). Profit margin: 0.2% (up from net loss in 1Q 2025). 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.
分析記事 • Jul 23TOA (TSE:6809) Will Pay A Dividend Of ¥20.00The board of TOA Corporation ( TSE:6809 ) has announced that it will pay a dividend of ¥20.00 per share on the 3rd of...
分析記事 • Jul 09TOA (TSE:6809) Has Announced A Dividend Of ¥20.00The board of TOA Corporation ( TSE:6809 ) has announced that it will pay a dividend on the 3rd of December, with...
Declared Dividend • Jul 09Final dividend of JP¥20.00 announcedDividend of JP¥20.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 4.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 7.2% 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. Earnings per share has grown by 5.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 29Full year 2025 earnings released: EPS: JP¥78.63 (vs JP¥62.58 in FY 2024)Full year 2025 results: EPS: JP¥78.63 (up from JP¥62.58 in FY 2024). Revenue: JP¥50.6b (up 3.7% from FY 2024). Net income: JP¥2.36b (up 18% from FY 2024). Profit margin: 4.7% (up from 4.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year.
分析記事 • May 09Market Might Still Lack Some Conviction On TOA Corporation (TSE:6809) Even After 26% Share Price BoostTOA Corporation ( TSE:6809 ) shareholders would be excited to see that the share price has had a great month, posting a...
Reported Earnings • May 04Full year 2025 earnings released: EPS: JP¥78.63 (vs JP¥62.58 in FY 2024)Full year 2025 results: EPS: JP¥78.63 (up from JP¥62.58 in FY 2024). Revenue: JP¥50.6b (up 3.7% from FY 2024). Net income: JP¥2.36b (up 18% from FY 2024). Profit margin: 4.7% (up from 4.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year.
お知らせ • May 02+ 3 more updatesTOA Corporation, Annual General Meeting, Jun 25, 2025TOA Corporation, Annual General Meeting, Jun 25, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
お知らせ • Mar 06TOA Corporation to Report Fiscal Year 2025 Results on May 13, 2025TOA Corporation announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: JP¥38.24 (vs JP¥25.45 in 3Q 2024)Third quarter 2025 results: EPS: JP¥38.24 (up from JP¥25.45 in 3Q 2024). Revenue: JP¥13.1b (up 4.8% from 3Q 2024). Net income: JP¥1.15b (up 40% from 3Q 2024). Profit margin: 8.8% (up from 6.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Nov 30TOA Corporation to Report Q3, 2025 Results on Feb 03, 2025TOA Corporation announced that they will report Q3, 2025 results on Feb 03, 2025
Reported Earnings • Nov 03Second quarter 2025 earnings released: EPS: JP¥8.35 (vs JP¥24.93 in 2Q 2024)Second quarter 2025 results: EPS: JP¥8.35 (down from JP¥24.93 in 2Q 2024). Revenue: JP¥11.8b (flat on 2Q 2024). Net income: JP¥251.0m (down 69% from 2Q 2024). Profit margin: 2.1% (down from 6.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).
Reported Earnings • Aug 07First quarter 2025 earnings released: JP¥3.73 loss per share (vs JP¥1.96 loss in 1Q 2024)First quarter 2025 results: JP¥3.73 loss per share (further deteriorated from JP¥1.96 loss in 1Q 2024). Revenue: JP¥11.0b (up 9.3% from 1Q 2024). Net loss: JP¥112.0m (loss widened 78% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.
分析記事 • Aug 06Some Investors May Be Worried About TOA's (TSE:6809) Returns On CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥828, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 12% over the past three years.
New Risk • Jul 12New major risk - Revenue and earnings growthEarnings have declined by 4.2% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company.
お知らせ • Jun 02TOA Corporation to Report Q1, 2025 Results on Aug 09, 2024TOA Corporation announced that they will report Q1, 2025 results on Aug 09, 2024
お知らせ • May 05TOA Corporation, Annual General Meeting, Jun 26, 2024TOA Corporation, Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 04Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥62.58 (up from JP¥54.48 in FY 2023). Revenue: JP¥48.8b (up 8.2% from FY 2023). Net income: JP¥2.00b (up 13% from FY 2023). Profit margin: 4.1% (up from 3.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Consumer Durables 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.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.6%).
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
お知らせ • Feb 15TOA Corporation (TSE:6809) announces an Equity Buyback for 2,150,000 shares, representing 6.68% for ¥2,343.5 million.TOA Corporation (TSE:6809) announces a share repurchase program. Under the program, the company will repurchase 2,150,000 shares, representing 4.1% of the issued shares (excluding treasury stock) for ¥2,343.5 million. The shares will be repurchased at ¥1,090 per share. The purpose of the program is to implement flexible capital policies and returns to shareholders in response to changes in the business environment. As of January 31, 2024, the company had 32,181,687 issued shares (excluding treasury stock) and 1,954,948 shares in treasury.
Reported Earnings • Feb 04Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥25.45 (up from JP¥7.77 in 3Q 2023). Revenue: JP¥12.5b (up 11% from 3Q 2023). Net income: JP¥819.0m (up 226% from 3Q 2023). Profit margin: 6.6% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Nov 29TOA Corporation to Report Q3, 2024 Results on Feb 02, 2024TOA Corporation announced that they will report Q3, 2024 results on Feb 02, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: JP¥24.93 (up from JP¥11.12 in 2Q 2023). Revenue: JP¥11.8b (up 5.6% from 2Q 2023). Net income: JP¥802.0m (up 122% from 2Q 2023). Profit margin: 6.8% (up from 3.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 98%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is on the higher end at 90% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%).
Price Target Changed • Sep 13Price target increased by 65% to JP¥1,350Up from JP¥820, the current price target is provided by 1 analyst. New target price is 15% above last closing price of JP¥1,173. Stock is up 48% over the past year. The company is forecast to post earnings per share of JP¥48.70 for next year compared to JP¥54.48 last year.
Reported Earnings • Aug 03First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: JP¥1.96 loss per share (down from JP¥8.20 profit in 1Q 2023). Revenue: JP¥10.0b (up 11% from 1Q 2023). Net loss: JP¥63.0m (down 124% from profit in 1Q 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables 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 15% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jun 25Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥54.48 (up from JP¥45.06 in FY 2022). Revenue: JP¥45.1b (up 10% from FY 2022). Net income: JP¥1.77b (up 20% from FY 2022). Profit margin: 3.9% (up from 3.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Durables 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 7% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥54.48 (up from JP¥45.06 in FY 2022). Revenue: JP¥45.1b (up 10% from FY 2022). Net income: JP¥1.77b (up 20% from FY 2022). Profit margin: 3.9% (up from 3.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Consumer Durables 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 7% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 24 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Major Estimate Revision • Feb 23Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥43.6b to JP¥45.0b. EPS estimate fell from JP¥62.00 to JP¥52.80 per share. Net income forecast to grow 2.3% next year vs 6.7% growth forecast for Consumer Durables industry in Japan. Consensus price target down from JP¥820 to JP¥770. Share price was steady at JP¥789 over the past week.
Price Target Changed • Feb 22Price target decreased by 11% to JP¥770Down from JP¥870, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥789. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of JP¥52.80 for next year compared to JP¥45.06 last year.
Reported Earnings • Feb 03Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: JP¥7.77 (down from JP¥10.54 in 3Q 2022). Revenue: JP¥11.2b (up 10% from 3Q 2022). Net income: JP¥251.0m (down 27% from 3Q 2022). Profit margin: 2.2% (down from 3.4% in 3Q 2022). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 18Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥11.12 (down from JP¥17.33 in 2Q 2022). Revenue: JP¥11.2b (up 5.3% from 2Q 2022). Net income: JP¥362.0m (down 36% from 2Q 2022). Profit margin: 3.2% (down from 5.3% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Minoru Handa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 03Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: JP¥11.12 (down from JP¥17.33 in 2Q 2022). Revenue: JP¥11.2b (up 5.3% from 2Q 2022). Net income: JP¥362.0m (down 36% from 2Q 2022). Profit margin: 3.2% (down from 5.3% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 03First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥8.20 (up from JP¥3.20 loss in 1Q 2022). Revenue: JP¥9.08b (up 9.8% from 1Q 2022). Net income: JP¥267.0m (up JP¥371.0m from 1Q 2022). Profit margin: 2.9% (up from net loss in 1Q 2022). Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 5.2%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥819, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Consumer Durables industry in Japan. Total loss to shareholders of 24% over the past three years.
お知らせ • May 05TOA Corporation, Annual General Meeting, Jun 23, 2022TOA Corporation, Annual General Meeting, Jun 23, 2022.
Reported Earnings • May 04Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥45.06 (down from JP¥48.85 in FY 2021). Revenue: JP¥40.9b (flat on FY 2021). Net income: JP¥1.47b (down 8.1% from FY 2021). Profit margin: 3.6% (down from 3.9% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 3.3%, compared to a 5.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 16% per year.
Price Target Changed • Apr 27Price target decreased to JP¥870Down from JP¥1,200, the current price target is provided by 1 analyst. New target price is 26% above last closing price of JP¥691. Stock is down 20% over the past year. The company is forecast to post earnings per share of JP¥49.00 for next year compared to JP¥48.85 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Masashi Murata 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. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%).
Price Target Changed • Feb 20Price target decreased to JP¥870Down from JP¥1,200, the current price target is provided by 1 analyst. New target price is 11% above last closing price of JP¥781. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥49.00 for next year compared to JP¥48.85 last year.
Reported Earnings • Feb 03Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: JP¥10.54 (down from JP¥20.57 in 3Q 2021). Revenue: JP¥10.2b (down 2.1% from 3Q 2021). Net income: JP¥343.0m (down 49% from 3Q 2021). Profit margin: 3.4% (down from 6.4% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 45%. Over the next year, revenue is forecast to grow 6.0%, compared to a 6.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Nov 04Second quarter 2022 earnings released: EPS JP¥17.33 (vs JP¥6.86 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥10.7b (up 16% from 2Q 2021). Net income: JP¥564.0m (up 153% from 2Q 2021). Profit margin: 5.3% (up from 2.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.4%).
Price Target Changed • Sep 07Price target decreased to JP¥1,025Down from JP¥1,200, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥862. Stock is up 14% over the past year.
Reported Earnings • Jun 26Full year 2021 earnings released: EPS JP¥48.85 (vs JP¥60.96 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.6b (down 10.0% from FY 2020). Net income: JP¥1.60b (down 23% from FY 2020). Profit margin: 3.9% (down from 4.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 09Full year 2021 earnings released: EPS JP¥48.85 (vs JP¥60.96 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥40.6b (down 10.0% from FY 2020). Net income: JP¥1.60b (down 23% from FY 2020). Profit margin: 3.9% (down from 4.6% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%).
お知らせ • Mar 06TOA Corporation to Report Fiscal Year 2021 Results on May 07, 2021TOA Corporation announced that they will report fiscal year 2021 results on May 07, 2021
Is New 90 Day High Low • Mar 01New 90-day high: JP¥949The company is up 9.0% from its price of JP¥873 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥836 per share.
Price Target Changed • Feb 24Price target raised to JP¥1,100Up from JP¥925, the current price target is an average from 3 analysts. The new target price is 22% above the current share price of JP¥901. As of last close, the stock is down 9.9% over the past year.
Major Estimate Revision • Feb 24Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from JP¥30.80 to JP¥44.80. Revenue estimate for the same period was approximately flat at JP¥41.2b. Net income is expected to grow by 18% next year compared to 7.0% growth forecast for the Consumer Durables industry in Japan. The consensus price target increased from JP¥925 to JP¥1,100. Share price is down by 1.3% to JP¥901 over the past week.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥20.57 (vs JP¥12.54 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥10.4b (flat on 3Q 2020). Net income: JP¥669.0m (up 57% from 3Q 2020). Profit margin: 6.4% (up from 4.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 16% per year.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 16%. Earnings per share (EPS) missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 1.7%, compared to a 4.0% growth forecast for the Consumer Durables industry in Japan.