View ValuationTokuyama 将来の成長Future 基準チェック /46Tokuyama利益と収益がそれぞれ年間24.1%と7.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.5% 24.1%なると予測されています。主要情報24.1%収益成長率24.13%EPS成長率Chemicals 収益成長14.1%収益成長率7.3%将来の株主資本利益率11.53%アナリストカバレッジLow最終更新日28 Apr 2026今後の成長に関する最新情報Price Target Changed • Apr 07Price target decreased by 14% to JP¥4,323Down from JP¥5,050, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥3,703. Stock is up 50% over the past year. The company is forecast to post earnings per share of JP¥393 for next year compared to JP¥325 last year.Price Target Changed • Nov 29Price target increased by 14% to JP¥4,817Up from JP¥4,217, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥4,106. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥413 for next year compared to JP¥325 last year.Price Target Changed • Oct 29Price target increased by 11% to JP¥4,217Up from JP¥3,810, the current price target is an average from 3 analysts. New target price is 8.2% above last closing price of JP¥3,896. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥404 for next year compared to JP¥325 last year.Price Target Changed • Apr 12Price target increased by 12% to JP¥3,053Up from JP¥2,733, the current price target is an average from 3 analysts. New target price is 5.1% above last closing price of JP¥2,904. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥130 last year.お知らせ • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.Price Target Changed • Dec 16Price target decreased by 18% to JP¥2,600Down from JP¥3,167, the current price target is an average from 2 analysts. New target price is 15% above last closing price of JP¥2,270. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥315 for next year compared to JP¥130 last year.すべての更新を表示Recent updatesNew Risk • May 18New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,867, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,954 per share.ライブニュース • May 10Tokuyama Prioritizes Capital Efficiency and Raises Dividend Targets With Healthcare ExpansionTokuyama is increasing its focus on capital-efficient management, taking into account capital costs and stock price in its decision making. The company is reshaping its business portfolio toward growth and healthcare, including acquiring in vitro diagnostics-related operations. Tokuyama plans to offer higher and more stable shareholder returns, targeting at least a 30% dividend payout ratio and a 3% dividend-on-equity level. For you as an investor, the main takeaway is that Tokuyama is trying to link its management approach more closely to shareholder value. By completing its Medium-Term Management Plan 2025 and working on a new plan, the company is signaling that capital allocation, portfolio choices and the stock’s valuation are core parts of how it runs the business. The shift toward healthcare and in vitro diagnostics, alongside the transfer of domestic cement and solidification agent sales, points to a cleaner focus on areas the company views as having better potential within its portfolio. The explicit dividend targets give you clearer visibility on how management thinks about returning cash to shareholders, although the actual payout will still depend on earnings, cash flow and other conditions that are not detailed here.Reported Earnings • Apr 29Full year 2026 earnings: EPS and revenues miss analyst expectationsFull year 2026 results: EPS: JP¥309 (down from JP¥325 in FY 2025). Revenue: JP¥349.5b (up 1.9% from FY 2025). Net income: JP¥22.2b (down 5.1% from FY 2025). Profit margin: 6.4% (down from 6.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.Price Target Changed • Apr 07Price target decreased by 14% to JP¥4,323Down from JP¥5,050, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥3,703. Stock is up 50% over the past year. The company is forecast to post earnings per share of JP¥393 for next year compared to JP¥325 last year.お知らせ • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 31% 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 (2.3%).Buy Or Sell Opportunity • Mar 03Now 21% undervaluedOver the last 90 days, the stock has risen 3.2% to JP¥4,168. The fair value is estimated to be JP¥5,308, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.分析記事 • Feb 06Tokuyama's (TSE:4043) Dividend Will Be ¥60.00Tokuyama Corporation ( TSE:4043 ) will pay a dividend of ¥60.00 on the 25th of June. This takes the dividend yield to...Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥93.47 (vs JP¥73.35 in 3Q 2025)Third quarter 2026 results: EPS: JP¥93.47 (up from JP¥73.35 in 3Q 2025). Revenue: JP¥87.8b (flat on 3Q 2025). Net income: JP¥6.73b (up 27% from 3Q 2025). Profit margin: 7.7% (up from 6.0% in 3Q 2025). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year.Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 5.6% to JP¥4,048. The fair value is estimated to be JP¥5,140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.お知らせ • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.分析記事 • Jan 20Tokuyama's (TSE:4043) Dividend Will Be ¥60.00Tokuyama Corporation's ( TSE:4043 ) investors are due to receive a payment of ¥60.00 per share on 25th of June. This...分析記事 • Jan 06Market Cool On Tokuyama Corporation's (TSE:4043) EarningsThere wouldn't be many who think Tokuyama Corporation's ( TSE:4043 ) price-to-earnings (or "P/E") ratio of 12.8x is...分析記事 • Dec 16Tokuyama (TSE:4043) Is Due To Pay A Dividend Of ¥60.00The board of Tokuyama Corporation ( TSE:4043 ) has announced that it will pay a dividend of ¥60.00 per share on the...Buy Or Sell Opportunity • Dec 16Now 21% undervaluedOver the last 90 days, the stock has risen 11% to JP¥4,100. The fair value is estimated to be JP¥5,184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.お知らせ • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026分析記事 • Dec 02Tokuyama (TSE:4043) Has Announced A Dividend Of ¥60.00The board of Tokuyama Corporation ( TSE:4043 ) has announced that it will pay a dividend of ¥60.00 per share on the...Declared Dividend • Dec 02First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Nov 29Price target increased by 14% to JP¥4,817Up from JP¥4,217, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥4,106. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥413 for next year compared to JP¥325 last year.Buy Or Sell Opportunity • Nov 28Now 20% undervaluedOver the last 90 days, the stock has risen 21% to JP¥4,106. The fair value is estimated to be JP¥5,147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥101 (vs JP¥58.92 in 2Q 2025)Second quarter 2026 results: EPS: JP¥101 (up from JP¥58.92 in 2Q 2025). Revenue: JP¥81.9b (down 1.3% from 2Q 2025). Net income: JP¥7.23b (up 71% from 2Q 2025). Profit margin: 8.8% (up from 5.1% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 29Price target increased by 11% to JP¥4,217Up from JP¥3,810, the current price target is an average from 3 analysts. New target price is 8.2% above last closing price of JP¥3,896. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥404 for next year compared to JP¥325 last year.お知らせ • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).分析記事 • Sep 11Tokuyama's (TSE:4043) Dividend Will Be Increased To ¥60.00Tokuyama Corporation ( TSE:4043 ) will increase its dividend from last year's comparable payment on the 2nd of December...お知らせ • Sep 11Tokuyama Corporation to Report Q2, 2026 Results on Oct 29, 2025Tokuyama Corporation announced that they will report Q2, 2026 results on Oct 29, 2025分析記事 • Sep 09Tokuyama's (TSE:4043) Returns On Capital Not Reflecting Well On The BusinessWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Reported Earnings • Jul 30First quarter 2026 earnings released: EPS: JP¥68.26 (vs JP¥103 in 1Q 2025)First quarter 2026 results: EPS: JP¥68.26 (down from JP¥103 in 1Q 2025). Revenue: JP¥81.8b (flat on 1Q 2025). Net income: JP¥4.91b (down 34% from 1Q 2025). Profit margin: 6.0% (down from 9.0% in 1Q 2025). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 23Tokuyama (TSE:4043) Is Increasing Its Dividend To ¥60.00The board of Tokuyama Corporation ( TSE:4043 ) has announced that it will be paying its dividend of ¥60.00 on the 2nd...Board Change • Jul 22Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.分析記事 • Jul 09Tokuyama (TSE:4043) Is Increasing Its Dividend To ¥60.00Tokuyama Corporation's ( TSE:4043 ) dividend will be increasing from last year's payment of the same period to ¥60.00...Declared Dividend • Jul 09Final dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 25% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Jul 02Tokuyama's (TSE:4043) Profits Appear To Have Quality IssuesThe recent earnings posted by Tokuyama Corporation ( TSE:4043 ) were solid, but the stock didn't move as much as we...Reported Earnings • Jul 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥247 in FY 2024). Revenue: JP¥343.1b (flat on FY 2024). Net income: JP¥23.4b (up 32% from FY 2024). Profit margin: 6.8% (up from 5.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals 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 increased by 19% per year, which means it is well ahead of earnings.お知らせ • Jun 14Tokuyama Corporation to Report Q1, 2026 Results on Jul 29, 2025Tokuyama Corporation announced that they will report Q1, 2026 results on Jul 29, 2025Reported Earnings • Apr 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥247 in FY 2024). Revenue: JP¥343.1b (flat on FY 2024). Net income: JP¥23.4b (up 32% from FY 2024). Profit margin: 6.8% (up from 5.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Chemicals 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 increased by 16% per year, which means it is well ahead of earnings.お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 24, 2025Tokuyama Corporation, Annual General Meeting, Jun 24, 2025.分析記事 • Apr 15Investors Aren't Entirely Convinced By Tokuyama Corporation's (TSE:4043) EarningsTokuyama Corporation's ( TSE:4043 ) price-to-earnings (or "P/E") ratio of 8x might make it look like a buy right now...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,315, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,227 per share.Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).分析記事 • Mar 21Tokuyama's (TSE:4043) Dividend Will Be ¥50.00Tokuyama Corporation's ( TSE:4043 ) investors are due to receive a payment of ¥50.00 per share on 26th of June. This...お知らせ • Mar 20Tokuyama Corporation to Report Fiscal Year 2025 Results on Apr 28, 2025Tokuyama Corporation announced that they will report fiscal year 2025 results on Apr 28, 2025分析記事 • Mar 06Tokuyama (TSE:4043) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥73.35 (vs JP¥78.93 in 3Q 2024)Third quarter 2025 results: EPS: JP¥73.35 (down from JP¥78.93 in 3Q 2024). Revenue: JP¥87.8b (up 4.4% from 3Q 2024). Net income: JP¥5.28b (down 7.1% from 3Q 2024). Profit margin: 6.0% (down from 6.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals 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 increased by 10% per year, which means it is well ahead of earnings.分析記事 • Feb 01Tokuyama (TSE:4043) Has Announced A Dividend Of ¥50.00Tokuyama Corporation ( TSE:4043 ) will pay a dividend of ¥50.00 on the 26th of June. This will take the annual payment...Board Change • Jan 31Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 04Tokuyama Corporation to Report Q3, 2025 Results on Jan 31, 2025Tokuyama Corporation announced that they will report Q3, 2025 results on Jan 31, 2025分析記事 • Nov 05Tokuyama's (TSE:4043) Profits Appear To Have Quality IssuesThe recent earnings posted by Tokuyama Corporation ( TSE:4043 ) were solid, but the stock didn't move as much as we...Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: JP¥58.92 (vs JP¥26.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥58.92 (up from JP¥26.74 in 2Q 2024). Revenue: JP¥83.0b (up 2.2% from 2Q 2024). Net income: JP¥4.24b (up 120% from 2Q 2024). Profit margin: 5.1% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.分析記事 • Oct 22Sentiment Still Eluding Tokuyama Corporation (TSE:4043)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider...Upcoming Dividend • Sep 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).分析記事 • Sep 06Tokuyama (TSE:4043) Is Increasing Its Dividend To ¥50.00Tokuyama Corporation ( TSE:4043 ) will increase its dividend from last year's comparable payment on the 2nd of December...お知らせ • Sep 06Tokuyama Corporation to Report Q2, 2025 Results on Oct 29, 2024Tokuyama Corporation announced that they will report Q2, 2025 results on Oct 29, 2024分析記事 • Aug 19We Think Tokuyama (TSE:4043) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,492, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 17% over the past three years.Reported Earnings • Jul 27First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥59.82 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥59.82 in 1Q 2024). Revenue: JP¥82.5b (down 2.8% from 1Q 2024). Net income: JP¥7.40b (up 72% from 1Q 2024). Profit margin: 9.0% (up from 5.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.分析記事 • Jul 25Tokuyama's (TSE:4043) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Tokuyama Corporation ( TSE:4043 ) has announced that it will be paying its dividend of ¥50.00 on the 2nd...分析記事 • Jul 11Tokuyama's (TSE:4043) Shareholders Will Receive A Bigger Dividend Than Last YearTokuyama Corporation ( TSE:4043 ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 01Now 23% undervaluedOver the last 90 days, the stock has risen 7.9% to JP¥2,921. The fair value is estimated to be JP¥3,782, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Buy Or Sell Opportunity • Jun 24Now 20% undervaluedOver the last 90 days, the stock has risen 9.3% to JP¥2,912. The fair value is estimated to be JP¥3,642, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Buy Or Sell Opportunity • Jun 17Now 20% undervaluedOver the last 90 days, the stock has risen 10% to JP¥2,921. The fair value is estimated to be JP¥3,661, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.お知らせ • Jun 17Tokuyama Corporation to Report Q1, 2025 Results on Jul 26, 2024Tokuyama Corporation announced that they will report Q1, 2025 results on Jul 26, 2024分析記事 • Jun 04Investors Continue Waiting On Sidelines For Tokuyama Corporation (TSE:4043)Tokuyama Corporation's ( TSE:4043 ) price-to-earnings (or "P/E") ratio of 12x might make it look like a buy right now...お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 25, 2024Tokuyama Corporation, Annual General Meeting, Jun 25, 2024.Reported Earnings • Apr 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥247 (up from JP¥130 in FY 2023). Revenue: JP¥342.0b (down 2.8% from FY 2023). Net income: JP¥17.8b (up 90% from FY 2023). Profit margin: 5.2% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.分析記事 • Apr 26We Think Tokuyama (TSE:4043) Is Taking Some Risk With Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Buy Or Sell Opportunity • Apr 19Now 20% undervaluedOver the last 90 days, the stock has risen 15% to JP¥2,814. The fair value is estimated to be JP¥3,525, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 26%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 118% in the next 2 years.Price Target Changed • Apr 12Price target increased by 12% to JP¥3,053Up from JP¥2,733, the current price target is an average from 3 analysts. New target price is 5.1% above last closing price of JP¥2,904. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥130 last year.分析記事 • Apr 11Tokuyama Corporation's (TSE:4043) Intrinsic Value Is Potentially 66% Above Its Share PriceKey Insights The projected fair value for Tokuyama is JP¥4,735 based on 2 Stage Free Cash Flow to Equity Tokuyama is...お知らせ • Mar 28Tokuyama Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Tokuyama Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).分析記事 • Mar 15Tokuyama (TSE:4043) Has Announced A Dividend Of ¥35.00Tokuyama Corporation's ( TSE:4043 ) investors are due to receive a payment of ¥35.00 per share on 26th of June. This...分析記事 • Feb 29Investors Could Be Concerned With Tokuyama's (TSE:4043) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥78.93 (vs JP¥27.26 in 3Q 2023)Third quarter 2024 results: EPS: JP¥78.93 (up from JP¥27.26 in 3Q 2023). Revenue: JP¥84.2b (down 9.2% from 3Q 2023). Net income: JP¥5.68b (up 190% from 3Q 2023). Profit margin: 6.7% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.Price Target Changed • Dec 16Price target decreased by 18% to JP¥2,600Down from JP¥3,167, the current price target is an average from 2 analysts. New target price is 15% above last closing price of JP¥2,270. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥315 for next year compared to JP¥130 last year.お知らせ • Nov 29Tokuyama Corporation to Report Q3, 2024 Results on Jan 31, 2024Tokuyama Corporation announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥26.74 (vs JP¥28.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.74 (down from JP¥28.95 in 2Q 2023). Revenue: JP¥81.2b (down 1.4% from 2Q 2023). Net income: JP¥1.92b (down 7.6% from 2Q 2023). Profit margin: 2.4% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Buying Opportunity • Oct 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥2,754, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Buying Opportunity • Oct 04Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be JP¥2,768, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).お知らせ • Aug 30Tokuyama Corporation to Report Q2, 2024 Results on Oct 27, 2023Tokuyama Corporation announced that they will report Q2, 2024 results on Oct 27, 2023お知らせ • Jul 29+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tokuyama Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 30,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 305.77 per share.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥59.82 (vs JP¥62.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥59.82 (down from JP¥62.29 in 1Q 2023). Revenue: JP¥84.9b (up 1.0% from 1Q 2023). Net income: JP¥4.30b (down 4.0% from 1Q 2023). Profit margin: 5.1% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 28Tokuyama Corporation to Report Q1, 2024 Results on Jul 27, 2023Tokuyama Corporation announced that they will report Q1, 2024 results on Jul 27, 2023Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥130 (down from JP¥389 in FY 2022). Revenue: JP¥351.8b (up 20% from FY 2022). Net income: JP¥9.36b (down 67% from FY 2022). Profit margin: 2.7% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Price Target Changed • Feb 23Price target increased by 8.2% to JP¥2,630Up from JP¥2,430, the current price target is an average from 4 analysts. New target price is 26% above last closing price of JP¥2,083. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥172 for next year compared to JP¥389 last year.Major Estimate Revision • Feb 07Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥238 to JP¥174 per share. Revenue forecast steady at JP¥355.9b. Net income forecast to shrink 25% next year vs 2.9% growth forecast for Chemicals industry in Japan . Consensus price target down from JP¥2,480 to JP¥2,430. Share price rose 4.5% to JP¥1,979 over the past week.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥27.25 (vs JP¥57.25 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.25 (down from JP¥57.25 in 3Q 2022). Revenue: JP¥92.6b (up 17% from 3Q 2022). Net income: JP¥1.96b (down 52% from 3Q 2022). Profit margin: 2.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jan 31Tokuyama Corporation Revises Earnings Forecast for Fiscal 2022Tokuyama Corporation has revised earnings forecast for Fiscal 2022 (April 1, 2022 to March 31, 2023). For the period, the company expects net sales to be JPY 356,000 as compared to previous JPY 370,000. Operating profit to be JPY 21,000 as compared to previous JPY 18,000. Profit attribute to owners of parents to be JPY 12,000 as compared to previous JPY 15,000. Basic EPS to be JPY 166.78 as compared to previous JPY 208.47. The performance forecast for the full fiscal year ending March 31, 2023 has been revised as above from the previous performance forecast released on October 28, 2022, based on overseas vinyl chloride products market conditions and other factors.Price Target Changed • Dec 22Price target increased to JP¥2,583Up from JP¥2,308, the current price target is an average from 3 analysts. New target price is 43% above last closing price of JP¥1,806. Stock is up 0.7% over the past year. The company is forecast to post earnings per share of JP¥242 for next year compared to JP¥389 last year.お知らせ • Nov 27Tokuyama Corporation to Report Q3, 2023 Results on Jan 31, 2023Tokuyama Corporation announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測TSE:4043 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2028404,76737,00017,42857,44033/31/2027388,30032,7008,36842,16813/31/2026349,47622,20521,87450,985N/A12/31/2025341,21025,340N/AN/AN/A9/30/2025341,29123,89224,94048,376N/A6/30/2025342,42722,059N/AN/AN/A3/31/2025343,07323,38829,77052,368N/A12/31/2024345,12222,762N/AN/AN/A9/30/2024341,42323,16417,44643,527N/A6/30/2024339,62820,849N/AN/AN/A3/31/2024341,99017,75124,23755,828N/A12/31/2023343,03512,745N/AN/AN/A9/30/2023351,5259,027-7,48826,522N/A6/30/2023352,6599,186N/AN/AN/A3/31/2023351,7909,364-43,716-11,800N/A12/31/2022341,23123,150N/AN/AN/A9/30/2022327,54025,308-20,5609,976N/A6/30/2022310,35027,541N/AN/AN/A3/31/2022293,83028,000-5,90125,986N/A12/31/2021293,09318,592N/AN/AN/A9/30/2021291,77823,7979,73838,971N/A6/30/2021299,28024,270N/AN/AN/A3/31/2021302,40724,53419,51443,314N/A12/31/2020300,47621,244N/AN/AN/A9/30/2020306,63619,53123,34743,810N/A6/30/2020310,25520,283N/AN/AN/A3/31/2020316,09619,93732,65852,364N/A12/31/2019322,91532,720N/AN/AN/A9/30/2019324,71131,846N/A45,428N/A6/30/2019325,30132,480N/AN/AN/A3/31/2019324,66134,279N/A38,531N/A12/31/2018320,26031,926N/AN/AN/A9/30/2018314,59432,357N/A57,685N/A6/30/2018311,41334,499N/AN/AN/A3/31/2018308,06118,072N/A61,885N/A12/31/2017307,09632,769N/AN/AN/A9/30/2017302,67931,766N/A42,400N/A6/30/2017298,41636,100N/AN/AN/A3/31/2017299,10651,404N/A20,012N/A12/31/2016298,55739,594N/AN/AN/A9/30/2016300,580-85,160N/A23,971N/A6/30/2016306,538-95,088N/AN/AN/A3/31/2016307,115-100,563N/A30,098N/A12/31/2015306,714-102,277N/AN/AN/A9/30/2015307,33317,938N/A24,521N/A6/30/2015304,610-68,864N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 4043の予測収益成長率 (年間24.1% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 4043の収益 ( 24.1% ) はJP市場 ( 8.6% ) よりも速いペースで成長すると予測されています。高成長収益: 4043の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 4043の収益 ( 7.3% ) JP市場 ( 5.3% ) よりも速いペースで成長すると予測されています。高い収益成長: 4043の収益 ( 7.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 4043の 自己資本利益率 は、3年後には低くなると予測されています ( 11.5 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 08:18終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tokuyama Corporation 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Takayuki KuniiBofA Global ResearchMasao YoshidaCLSAHirokazu MitsudaDaiwa Securities Co. Ltd.11 その他のアナリストを表示
Price Target Changed • Apr 07Price target decreased by 14% to JP¥4,323Down from JP¥5,050, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥3,703. Stock is up 50% over the past year. The company is forecast to post earnings per share of JP¥393 for next year compared to JP¥325 last year.
Price Target Changed • Nov 29Price target increased by 14% to JP¥4,817Up from JP¥4,217, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥4,106. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥413 for next year compared to JP¥325 last year.
Price Target Changed • Oct 29Price target increased by 11% to JP¥4,217Up from JP¥3,810, the current price target is an average from 3 analysts. New target price is 8.2% above last closing price of JP¥3,896. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥404 for next year compared to JP¥325 last year.
Price Target Changed • Apr 12Price target increased by 12% to JP¥3,053Up from JP¥2,733, the current price target is an average from 3 analysts. New target price is 5.1% above last closing price of JP¥2,904. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥130 last year.
お知らせ • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.
Price Target Changed • Dec 16Price target decreased by 18% to JP¥2,600Down from JP¥3,167, the current price target is an average from 2 analysts. New target price is 15% above last closing price of JP¥2,270. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥315 for next year compared to JP¥130 last year.
New Risk • May 18New 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥4,867, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 145% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,954 per share.
ライブニュース • May 10Tokuyama Prioritizes Capital Efficiency and Raises Dividend Targets With Healthcare ExpansionTokuyama is increasing its focus on capital-efficient management, taking into account capital costs and stock price in its decision making. The company is reshaping its business portfolio toward growth and healthcare, including acquiring in vitro diagnostics-related operations. Tokuyama plans to offer higher and more stable shareholder returns, targeting at least a 30% dividend payout ratio and a 3% dividend-on-equity level. For you as an investor, the main takeaway is that Tokuyama is trying to link its management approach more closely to shareholder value. By completing its Medium-Term Management Plan 2025 and working on a new plan, the company is signaling that capital allocation, portfolio choices and the stock’s valuation are core parts of how it runs the business. The shift toward healthcare and in vitro diagnostics, alongside the transfer of domestic cement and solidification agent sales, points to a cleaner focus on areas the company views as having better potential within its portfolio. The explicit dividend targets give you clearer visibility on how management thinks about returning cash to shareholders, although the actual payout will still depend on earnings, cash flow and other conditions that are not detailed here.
Reported Earnings • Apr 29Full year 2026 earnings: EPS and revenues miss analyst expectationsFull year 2026 results: EPS: JP¥309 (down from JP¥325 in FY 2025). Revenue: JP¥349.5b (up 1.9% from FY 2025). Net income: JP¥22.2b (down 5.1% from FY 2025). Profit margin: 6.4% (down from 6.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.
Price Target Changed • Apr 07Price target decreased by 14% to JP¥4,323Down from JP¥5,050, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥3,703. Stock is up 50% over the past year. The company is forecast to post earnings per share of JP¥393 for next year compared to JP¥325 last year.
お知らせ • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 31% 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 (2.3%).
Buy Or Sell Opportunity • Mar 03Now 21% undervaluedOver the last 90 days, the stock has risen 3.2% to JP¥4,168. The fair value is estimated to be JP¥5,308, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
分析記事 • Feb 06Tokuyama's (TSE:4043) Dividend Will Be ¥60.00Tokuyama Corporation ( TSE:4043 ) will pay a dividend of ¥60.00 on the 25th of June. This takes the dividend yield to...
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥93.47 (vs JP¥73.35 in 3Q 2025)Third quarter 2026 results: EPS: JP¥93.47 (up from JP¥73.35 in 3Q 2025). Revenue: JP¥87.8b (flat on 3Q 2025). Net income: JP¥6.73b (up 27% from 3Q 2025). Profit margin: 7.7% (up from 6.0% in 3Q 2025). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year.
Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 5.6% to JP¥4,048. The fair value is estimated to be JP¥5,140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.
お知らせ • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.
分析記事 • Jan 20Tokuyama's (TSE:4043) Dividend Will Be ¥60.00Tokuyama Corporation's ( TSE:4043 ) investors are due to receive a payment of ¥60.00 per share on 25th of June. This...
分析記事 • Jan 06Market Cool On Tokuyama Corporation's (TSE:4043) EarningsThere wouldn't be many who think Tokuyama Corporation's ( TSE:4043 ) price-to-earnings (or "P/E") ratio of 12.8x is...
分析記事 • Dec 16Tokuyama (TSE:4043) Is Due To Pay A Dividend Of ¥60.00The board of Tokuyama Corporation ( TSE:4043 ) has announced that it will pay a dividend of ¥60.00 per share on the...
Buy Or Sell Opportunity • Dec 16Now 21% undervaluedOver the last 90 days, the stock has risen 11% to JP¥4,100. The fair value is estimated to be JP¥5,184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.
お知らせ • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026
分析記事 • Dec 02Tokuyama (TSE:4043) Has Announced A Dividend Of ¥60.00The board of Tokuyama Corporation ( TSE:4043 ) has announced that it will pay a dividend of ¥60.00 per share on the...
Declared Dividend • Dec 02First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Nov 29Price target increased by 14% to JP¥4,817Up from JP¥4,217, the current price target is an average from 3 analysts. New target price is 17% above last closing price of JP¥4,106. Stock is up 54% over the past year. The company is forecast to post earnings per share of JP¥413 for next year compared to JP¥325 last year.
Buy Or Sell Opportunity • Nov 28Now 20% undervaluedOver the last 90 days, the stock has risen 21% to JP¥4,106. The fair value is estimated to be JP¥5,147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.
Reported Earnings • Oct 30Second quarter 2026 earnings released: EPS: JP¥101 (vs JP¥58.92 in 2Q 2025)Second quarter 2026 results: EPS: JP¥101 (up from JP¥58.92 in 2Q 2025). Revenue: JP¥81.9b (down 1.3% from 2Q 2025). Net income: JP¥7.23b (up 71% from 2Q 2025). Profit margin: 8.8% (up from 5.1% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 29Price target increased by 11% to JP¥4,217Up from JP¥3,810, the current price target is an average from 3 analysts. New target price is 8.2% above last closing price of JP¥3,896. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥404 for next year compared to JP¥325 last year.
お知らせ • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).
分析記事 • Sep 11Tokuyama's (TSE:4043) Dividend Will Be Increased To ¥60.00Tokuyama Corporation ( TSE:4043 ) will increase its dividend from last year's comparable payment on the 2nd of December...
お知らせ • Sep 11Tokuyama Corporation to Report Q2, 2026 Results on Oct 29, 2025Tokuyama Corporation announced that they will report Q2, 2026 results on Oct 29, 2025
分析記事 • Sep 09Tokuyama's (TSE:4043) Returns On Capital Not Reflecting Well On The BusinessWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Reported Earnings • Jul 30First quarter 2026 earnings released: EPS: JP¥68.26 (vs JP¥103 in 1Q 2025)First quarter 2026 results: EPS: JP¥68.26 (down from JP¥103 in 1Q 2025). Revenue: JP¥81.8b (flat on 1Q 2025). Net income: JP¥4.91b (down 34% from 1Q 2025). Profit margin: 6.0% (down from 9.0% in 1Q 2025). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 23Tokuyama (TSE:4043) Is Increasing Its Dividend To ¥60.00The board of Tokuyama Corporation ( TSE:4043 ) has announced that it will be paying its dividend of ¥60.00 on the 2nd...
Board Change • Jul 22Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
分析記事 • Jul 09Tokuyama (TSE:4043) Is Increasing Its Dividend To ¥60.00Tokuyama Corporation's ( TSE:4043 ) dividend will be increasing from last year's payment of the same period to ¥60.00...
Declared Dividend • Jul 09Final dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 25% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jul 02Tokuyama's (TSE:4043) Profits Appear To Have Quality IssuesThe recent earnings posted by Tokuyama Corporation ( TSE:4043 ) were solid, but the stock didn't move as much as we...
Reported Earnings • Jul 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥247 in FY 2024). Revenue: JP¥343.1b (flat on FY 2024). Net income: JP¥23.4b (up 32% from FY 2024). Profit margin: 6.8% (up from 5.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals 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 increased by 19% per year, which means it is well ahead of earnings.
お知らせ • Jun 14Tokuyama Corporation to Report Q1, 2026 Results on Jul 29, 2025Tokuyama Corporation announced that they will report Q1, 2026 results on Jul 29, 2025
Reported Earnings • Apr 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥325 (up from JP¥247 in FY 2024). Revenue: JP¥343.1b (flat on FY 2024). Net income: JP¥23.4b (up 32% from FY 2024). Profit margin: 6.8% (up from 5.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Chemicals 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 increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 24, 2025Tokuyama Corporation, Annual General Meeting, Jun 24, 2025.
分析記事 • Apr 15Investors Aren't Entirely Convinced By Tokuyama Corporation's (TSE:4043) EarningsTokuyama Corporation's ( TSE:4043 ) price-to-earnings (or "P/E") ratio of 8x might make it look like a buy right now...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,315, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥4,227 per share.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
分析記事 • Mar 21Tokuyama's (TSE:4043) Dividend Will Be ¥50.00Tokuyama Corporation's ( TSE:4043 ) investors are due to receive a payment of ¥50.00 per share on 26th of June. This...
お知らせ • Mar 20Tokuyama Corporation to Report Fiscal Year 2025 Results on Apr 28, 2025Tokuyama Corporation announced that they will report fiscal year 2025 results on Apr 28, 2025
分析記事 • Mar 06Tokuyama (TSE:4043) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥73.35 (vs JP¥78.93 in 3Q 2024)Third quarter 2025 results: EPS: JP¥73.35 (down from JP¥78.93 in 3Q 2024). Revenue: JP¥87.8b (up 4.4% from 3Q 2024). Net income: JP¥5.28b (down 7.1% from 3Q 2024). Profit margin: 6.0% (down from 6.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals 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 increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Feb 01Tokuyama (TSE:4043) Has Announced A Dividend Of ¥50.00Tokuyama Corporation ( TSE:4043 ) will pay a dividend of ¥50.00 on the 26th of June. This will take the annual payment...
Board Change • Jan 31Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 04Tokuyama Corporation to Report Q3, 2025 Results on Jan 31, 2025Tokuyama Corporation announced that they will report Q3, 2025 results on Jan 31, 2025
分析記事 • Nov 05Tokuyama's (TSE:4043) Profits Appear To Have Quality IssuesThe recent earnings posted by Tokuyama Corporation ( TSE:4043 ) were solid, but the stock didn't move as much as we...
Reported Earnings • Oct 30Second quarter 2025 earnings released: EPS: JP¥58.92 (vs JP¥26.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥58.92 (up from JP¥26.74 in 2Q 2024). Revenue: JP¥83.0b (up 2.2% from 2Q 2024). Net income: JP¥4.24b (up 120% from 2Q 2024). Profit margin: 5.1% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Oct 22Sentiment Still Eluding Tokuyama Corporation (TSE:4043)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
分析記事 • Sep 06Tokuyama (TSE:4043) Is Increasing Its Dividend To ¥50.00Tokuyama Corporation ( TSE:4043 ) will increase its dividend from last year's comparable payment on the 2nd of December...
お知らせ • Sep 06Tokuyama Corporation to Report Q2, 2025 Results on Oct 29, 2024Tokuyama Corporation announced that they will report Q2, 2025 results on Oct 29, 2024
分析記事 • Aug 19We Think Tokuyama (TSE:4043) Can Stay On Top Of Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,492, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 17% over the past three years.
Reported Earnings • Jul 27First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥59.82 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥59.82 in 1Q 2024). Revenue: JP¥82.5b (down 2.8% from 1Q 2024). Net income: JP¥7.40b (up 72% from 1Q 2024). Profit margin: 9.0% (up from 5.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
分析記事 • Jul 25Tokuyama's (TSE:4043) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Tokuyama Corporation ( TSE:4043 ) has announced that it will be paying its dividend of ¥50.00 on the 2nd...
分析記事 • Jul 11Tokuyama's (TSE:4043) Shareholders Will Receive A Bigger Dividend Than Last YearTokuyama Corporation ( TSE:4043 ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 01Now 23% undervaluedOver the last 90 days, the stock has risen 7.9% to JP¥2,921. The fair value is estimated to be JP¥3,782, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Buy Or Sell Opportunity • Jun 24Now 20% undervaluedOver the last 90 days, the stock has risen 9.3% to JP¥2,912. The fair value is estimated to be JP¥3,642, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Buy Or Sell Opportunity • Jun 17Now 20% undervaluedOver the last 90 days, the stock has risen 10% to JP¥2,921. The fair value is estimated to be JP¥3,661, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
お知らせ • Jun 17Tokuyama Corporation to Report Q1, 2025 Results on Jul 26, 2024Tokuyama Corporation announced that they will report Q1, 2025 results on Jul 26, 2024
分析記事 • Jun 04Investors Continue Waiting On Sidelines For Tokuyama Corporation (TSE:4043)Tokuyama Corporation's ( TSE:4043 ) price-to-earnings (or "P/E") ratio of 12x might make it look like a buy right now...
お知らせ • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 25, 2024Tokuyama Corporation, Annual General Meeting, Jun 25, 2024.
Reported Earnings • Apr 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: JP¥247 (up from JP¥130 in FY 2023). Revenue: JP¥342.0b (down 2.8% from FY 2023). Net income: JP¥17.8b (up 90% from FY 2023). Profit margin: 5.2% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
分析記事 • Apr 26We Think Tokuyama (TSE:4043) Is Taking Some Risk With Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Buy Or Sell Opportunity • Apr 19Now 20% undervaluedOver the last 90 days, the stock has risen 15% to JP¥2,814. The fair value is estimated to be JP¥3,525, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 26%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 118% in the next 2 years.
Price Target Changed • Apr 12Price target increased by 12% to JP¥3,053Up from JP¥2,733, the current price target is an average from 3 analysts. New target price is 5.1% above last closing price of JP¥2,904. Stock is up 37% over the past year. The company is forecast to post earnings per share of JP¥252 for next year compared to JP¥130 last year.
分析記事 • Apr 11Tokuyama Corporation's (TSE:4043) Intrinsic Value Is Potentially 66% Above Its Share PriceKey Insights The projected fair value for Tokuyama is JP¥4,735 based on 2 Stage Free Cash Flow to Equity Tokuyama is...
お知らせ • Mar 28Tokuyama Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Tokuyama Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
分析記事 • Mar 15Tokuyama (TSE:4043) Has Announced A Dividend Of ¥35.00Tokuyama Corporation's ( TSE:4043 ) investors are due to receive a payment of ¥35.00 per share on 26th of June. This...
分析記事 • Feb 29Investors Could Be Concerned With Tokuyama's (TSE:4043) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥78.93 (vs JP¥27.26 in 3Q 2023)Third quarter 2024 results: EPS: JP¥78.93 (up from JP¥27.26 in 3Q 2023). Revenue: JP¥84.2b (down 9.2% from 3Q 2023). Net income: JP¥5.68b (up 190% from 3Q 2023). Profit margin: 6.7% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.
Price Target Changed • Dec 16Price target decreased by 18% to JP¥2,600Down from JP¥3,167, the current price target is an average from 2 analysts. New target price is 15% above last closing price of JP¥2,270. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥315 for next year compared to JP¥130 last year.
お知らせ • Nov 29Tokuyama Corporation to Report Q3, 2024 Results on Jan 31, 2024Tokuyama Corporation announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥26.74 (vs JP¥28.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.74 (down from JP¥28.95 in 2Q 2023). Revenue: JP¥81.2b (down 1.4% from 2Q 2023). Net income: JP¥1.92b (down 7.6% from 2Q 2023). Profit margin: 2.4% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Oct 26Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥2,754, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Buying Opportunity • Oct 04Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be JP¥2,768, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).
お知らせ • Aug 30Tokuyama Corporation to Report Q2, 2024 Results on Oct 27, 2023Tokuyama Corporation announced that they will report Q2, 2024 results on Oct 27, 2023
お知らせ • Jul 29+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tokuyama Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 30,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 305.77 per share.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥59.82 (vs JP¥62.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥59.82 (down from JP¥62.29 in 1Q 2023). Revenue: JP¥84.9b (up 1.0% from 1Q 2023). Net income: JP¥4.30b (down 4.0% from 1Q 2023). Profit margin: 5.1% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 28Tokuyama Corporation to Report Q1, 2024 Results on Jul 27, 2023Tokuyama Corporation announced that they will report Q1, 2024 results on Jul 27, 2023
Reported Earnings • Apr 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥130 (down from JP¥389 in FY 2022). Revenue: JP¥351.8b (up 20% from FY 2022). Net income: JP¥9.36b (down 67% from FY 2022). Profit margin: 2.7% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Price Target Changed • Feb 23Price target increased by 8.2% to JP¥2,630Up from JP¥2,430, the current price target is an average from 4 analysts. New target price is 26% above last closing price of JP¥2,083. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥172 for next year compared to JP¥389 last year.
Major Estimate Revision • Feb 07Consensus EPS estimates fall by 27%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥238 to JP¥174 per share. Revenue forecast steady at JP¥355.9b. Net income forecast to shrink 25% next year vs 2.9% growth forecast for Chemicals industry in Japan . Consensus price target down from JP¥2,480 to JP¥2,430. Share price rose 4.5% to JP¥1,979 over the past week.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥27.25 (vs JP¥57.25 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.25 (down from JP¥57.25 in 3Q 2022). Revenue: JP¥92.6b (up 17% from 3Q 2022). Net income: JP¥1.96b (down 52% from 3Q 2022). Profit margin: 2.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31Tokuyama Corporation Revises Earnings Forecast for Fiscal 2022Tokuyama Corporation has revised earnings forecast for Fiscal 2022 (April 1, 2022 to March 31, 2023). For the period, the company expects net sales to be JPY 356,000 as compared to previous JPY 370,000. Operating profit to be JPY 21,000 as compared to previous JPY 18,000. Profit attribute to owners of parents to be JPY 12,000 as compared to previous JPY 15,000. Basic EPS to be JPY 166.78 as compared to previous JPY 208.47. The performance forecast for the full fiscal year ending March 31, 2023 has been revised as above from the previous performance forecast released on October 28, 2022, based on overseas vinyl chloride products market conditions and other factors.
Price Target Changed • Dec 22Price target increased to JP¥2,583Up from JP¥2,308, the current price target is an average from 3 analysts. New target price is 43% above last closing price of JP¥1,806. Stock is up 0.7% over the past year. The company is forecast to post earnings per share of JP¥242 for next year compared to JP¥389 last year.
お知らせ • Nov 27Tokuyama Corporation to Report Q3, 2023 Results on Jan 31, 2023Tokuyama Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.