View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsToin 過去の業績過去 基準チェック /36Toinは、平均年間52%の収益成長を遂げていますが、 Packaging業界の収益は、年間 成長しています。収益は、平均年間7.4% 6.6%収益成長率で 成長しています。 Toinの自己資本利益率は5.9%であり、純利益率は4.4%です。主要情報52.00%収益成長率52.00%EPS成長率Packaging 業界の成長2.22%収益成長率6.60%株主資本利益率5.95%ネット・マージン4.43%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥28.61 (vs JP¥32.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥28.61 (down from JP¥32.78 in 3Q 2025). Revenue: JP¥3.77b (up 5.7% from 3Q 2025). Net income: JP¥144.0m (down 13% from 3Q 2025). Profit margin: 3.8% (down from 4.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 03Toin Corporation to Report Q2, 2026 Results on Nov 14, 2025Toin Corporation announced that they will report Q2, 2026 results on Nov 14, 2025Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥41.72 (vs JP¥38.94 in 1Q 2025)First quarter 2026 results: EPS: JP¥41.72 (up from JP¥38.94 in 1Q 2025). Revenue: JP¥3.74b (up 4.0% from 1Q 2025). Net income: JP¥210.0m (up 7.1% from 1Q 2025). Profit margin: 5.6% (up from 5.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • May 31Toin Corporation to Report Q1, 2026 Results on Aug 08, 2025Toin Corporation announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • May 22Shareholders Can Be Confident That Toin's (TSE:7923) Earnings Are High QualityInvestors were underwhelmed by the solid earnings posted by Toin Corporation ( TSE:7923 ) recently. We have done some...Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥119 (vs JP¥96.76 in FY 2024)Full year 2025 results: EPS: JP¥119 (up from JP¥96.76 in FY 2024). Revenue: JP¥14.6b (up 8.0% from FY 2024). Net income: JP¥597.0m (up 23% from FY 2024). Profit margin: 4.1% (up from 3.6% 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 98% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesお知らせ • Feb 18Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders.Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures.Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥28.61 (vs JP¥32.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥28.61 (down from JP¥32.78 in 3Q 2025). Revenue: JP¥3.77b (up 5.7% from 3Q 2025). Net income: JP¥144.0m (down 13% from 3Q 2025). Profit margin: 3.8% (down from 4.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.分析記事 • Dec 23Insufficient Growth At Toin Corporation (TSE:7923) Hampers Share PriceToin Corporation's ( TSE:7923 ) price-to-earnings (or "P/E") ratio of 7.5x might make it look like a buy right now...Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,020, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 138% over the past three years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.0%).分析記事 • Sep 08Toin Corporation (TSE:7923) Surges 27% Yet Its Low P/E Is No Reason For ExcitementDespite an already strong run, Toin Corporation ( TSE:7923 ) shares have been powering on, with a gain of 27% in the...New Risk • Sep 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥4.77b market cap, or US$32.3m).Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥948, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 97% over the past three years.お知らせ • Sep 03Toin Corporation to Report Q2, 2026 Results on Nov 14, 2025Toin Corporation announced that they will report Q2, 2026 results on Nov 14, 2025Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥41.72 (vs JP¥38.94 in 1Q 2025)First quarter 2026 results: EPS: JP¥41.72 (up from JP¥38.94 in 1Q 2025). Revenue: JP¥3.74b (up 4.0% from 1Q 2025). Net income: JP¥210.0m (up 7.1% from 1Q 2025). Profit margin: 5.6% (up from 5.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 08Here's Why Toin (TSE:7923) Can Manage Its Debt ResponsiblyTSE:7923 1 Year Share Price vs Fair Value Explore Toin's Fair Values from the Community and select yours Legendary fund...お知らせ • May 31Toin Corporation to Report Q1, 2026 Results on Aug 08, 2025Toin Corporation announced that they will report Q1, 2026 results on Aug 08, 2025分析記事 • May 22Shareholders Can Be Confident That Toin's (TSE:7923) Earnings Are High QualityInvestors were underwhelmed by the solid earnings posted by Toin Corporation ( TSE:7923 ) recently. We have done some...Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥119 (vs JP¥96.76 in FY 2024)Full year 2025 results: EPS: JP¥119 (up from JP¥96.76 in FY 2024). Revenue: JP¥14.6b (up 8.0% from FY 2024). Net income: JP¥597.0m (up 23% from FY 2024). Profit margin: 4.1% (up from 3.6% 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 98% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • May 15Toin Corporation, Annual General Meeting, Jun 27, 2025Toin Corporation, Annual General Meeting, Jun 27, 2025.Buy Or Sell Opportunity • May 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to JP¥672. The fair value is estimated to be JP¥559, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 110%.お知らせ • Apr 10Toin Corporation to Report Fiscal Year 2025 Results on May 15, 2025Toin Corporation announced that they will report fiscal year 2025 results on May 15, 2025Buy Or Sell Opportunity • Apr 08Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to JP¥685. The fair value is estimated to be JP¥557, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 110%.Upcoming Dividend • Mar 21Upcoming dividend of JP¥17.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 10% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥32.78 (vs JP¥25.23 in 3Q 2024)Third quarter 2025 results: EPS: JP¥32.78 (up from JP¥25.23 in 3Q 2024). Revenue: JP¥3.57b (up 3.8% from 3Q 2024). Net income: JP¥165.0m (up 30% from 3Q 2024). Profit margin: 4.6% (up from 3.7% 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 110% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 03Toin Corporation to Report Q3, 2025 Results on Feb 14, 2025Toin Corporation announced that they will report Q3, 2025 results on Feb 14, 2025New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥3.32b market cap, or US$21.5m).Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.1%).New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥3.29b market cap, or US$23.4m).分析記事 • Sep 04Toin Corporation's (TSE:7923) 26% Share Price Surge Not Quite Adding UpToin Corporation ( TSE:7923 ) shareholders would be excited to see that the share price has had a great month, posting...お知らせ • Sep 04Toin Corporation to Report Q2, 2025 Results on Nov 14, 2024Toin Corporation announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 11First quarter 2025 earnings released: EPS: JP¥38.94 (vs JP¥0.80 in 1Q 2024)First quarter 2025 results: EPS: JP¥38.94 (up from JP¥0.80 in 1Q 2024). Revenue: JP¥3.60b (up 10% from 1Q 2024). Net income: JP¥196.0m (up JP¥192.0m from 1Q 2024). Profit margin: 5.4% (up from 0.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 07Toin (TSE:7923) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥500, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 9x in the Packaging industry in Japan. Total returns to shareholders of 4.0% over the past three years.お知らせ • Jun 30Toin Corporation to Report Q1, 2025 Results on Jul 31, 2024Toin Corporation announced that they will report Q1, 2025 results on Jul 31, 2024分析記事 • May 22Toin's (TSE:7923) Earnings Are Of Questionable QualityLast week's profit announcement from Toin Corporation ( TSE:7923 ) was underwhelming for investors, despite headline...Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥96.76 (vs JP¥9.74 in FY 2023)Full year 2024 results: EPS: JP¥96.76 (up from JP¥9.74 in FY 2023). Revenue: JP¥13.5b (up 6.4% from FY 2023). Net income: JP¥487.0m (up JP¥438.0m from FY 2023). Profit margin: 3.6% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • May 17Toin Corporation, Annual General Meeting, Jun 27, 2024Toin Corporation, Annual General Meeting, Jun 27, 2024.お知らせ • Mar 28Toin Corporation to Report Fiscal Year 2024 Results on May 15, 2024Toin Corporation announced that they will report fiscal year 2024 results on May 15, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.7%).Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥25.23 (vs JP¥0.99 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥25.23 (up from JP¥0.99 loss in 3Q 2023). Revenue: JP¥3.44b (up 8.5% from 3Q 2023). Net income: JP¥127.0m (up JP¥132.0m from 3Q 2023). Profit margin: 3.7% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥3.64b market cap, or US$24.8m).Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥724, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 49% over the past three years.お知らせ • Dec 28Toin Corporation to Report Q3, 2024 Results on Jan 31, 2024Toin Corporation announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥40.13 (vs JP¥16.89 in 2Q 2023)Second quarter 2024 results: EPS: JP¥40.13 (up from JP¥16.89 in 2Q 2023). Revenue: JP¥3.49b (up 6.2% from 2Q 2023). Net income: JP¥202.0m (up 138% from 2Q 2023). Profit margin: 5.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Sep 28Toin Corporation to Report Q2, 2024 Results on Oct 13, 2023Toin Corporation announced that they will report Q2, 2024 results on Oct 13, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 29 November 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.7%).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥0.80 (vs JP¥0.20 in 1Q 2023)First quarter 2024 results: EPS: JP¥0.80 (up from JP¥0.20 in 1Q 2023). Revenue: JP¥3.26b (up 4.5% from 1Q 2023). Net income: JP¥4.00m (up 300% from 1Q 2023). Profit margin: 0.1% (up from 0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Jun 28Toin Corporation to Report Q1, 2024 Results on Jul 31, 2023Toin Corporation announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥9.74 (vs JP¥12.32 loss in FY 2022)Full year 2023 results: EPS: JP¥9.74 (up from JP¥12.32 loss in FY 2022). Revenue: JP¥12.7b (up 10% from FY 2022). Net income: JP¥49.0m (up JP¥111.0m from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.お知らせ • May 14Toin Corporation, Annual General Meeting, Jun 29, 2023Toin Corporation, Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.2%).お知らせ • Feb 01Toin Corporation to Report Q3, 2023 Results on Jan 31, 2023Toin Corporation announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Feb 01Third quarter 2023 earnings released: JP¥0.99 loss per share (vs JP¥8.74 loss in 3Q 2022)Third quarter 2023 results: JP¥0.99 loss per share (improved from JP¥8.74 loss in 3Q 2022). Revenue: JP¥3.17b (up 12% from 3Q 2022). Net loss: JP¥5.00m (loss narrowed 89% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Nov 20Second quarter 2023 earnings released: EPS: JP¥16.89 (vs JP¥10.13 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.89 (up from JP¥10.13 in 2Q 2022). Revenue: JP¥3.28b (up 12% from 2Q 2022). Net income: JP¥85.0m (up 67% from 2Q 2022). Profit margin: 2.6% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Auditor Katsutoshi Hirasawa was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥16.89 (vs JP¥10.13 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.89 (up from JP¥10.13 in 2Q 2022). Revenue: JP¥3.28b (up 12% from 2Q 2022). Net income: JP¥85.0m (up 67% from 2Q 2022). Profit margin: 2.6% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Sep 29Toin Corporation to Report Q2, 2023 Results on Oct 31, 2022Toin Corporation announced that they will report Q2, 2023 results on Oct 31, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥0.20 (vs JP¥3.38 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥0.20 (up from JP¥3.38 loss in 1Q 2022). Revenue: JP¥3.12b (up 12% from 1Q 2022). Net income: JP¥1.00m (up JP¥18.0m from 1Q 2022). Profit margin: 0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Jun 29Toin Corporation to Report Q1, 2023 Results on Jul 29, 2022Toin Corporation announced that they will report Q1, 2023 results on Jul 29, 2022お知らせ • May 15Toin Corporation, Annual General Meeting, Jun 29, 2022Toin Corporation, Annual General Meeting, Jun 29, 2022.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Auditor Katsutoshi Hirasawa was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 08Toin Corporation to Report Fiscal Year 2022 Results on May 13, 2022Toin Corporation announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.2%).Reported Earnings • Feb 03Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥8.74 loss per share (down from JP¥10.73 profit in 3Q 2021). Revenue: JP¥2.83b (up 5.1% from 3Q 2021). Net loss: JP¥44.0m (down 182% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥10.13 (vs JP¥5.76 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.92b (flat on 2Q 2021). Net income: JP¥51.0m (up 76% from 2Q 2021). Profit margin: 1.7% (up from 1.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥10.13 (vs JP¥5.76 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.92b (flat on 2Q 2021). Net income: JP¥51.0m (up 76% from 2Q 2021). Profit margin: 1.7% (up from 1.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.2%).Reported Earnings • Aug 03First quarter 2022 earnings released: JP¥3.38 loss per share (vs JP¥3.18 profit in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: JP¥2.79b (down 2.7% from 1Q 2021). Net loss: JP¥17.0m (down 206% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥23.44 (vs JP¥14.90 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥11.2b (down 4.9% from FY 2020). Net income: JP¥118.0m (up 57% from FY 2020). Profit margin: 1.0% (up from 0.6% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • May 09Should You Buy Toin Corporation (TYO:7923) For Its 1.9% Dividend?Is Toin Corporation ( TYO:7923 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Mar 26The Return Trends At Toin (TYO:7923) Look PromisingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.6%).Is New 90 Day High Low • Feb 26New 90-day low: JP¥500The company is down 2.0% from its price of JP¥511 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 8.0% over the same period.分析記事 • Feb 18Is Toin (TYO:7923) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥10.73 (vs JP¥3.38 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.69b (down 7.8% from 3Q 2020). Net income: JP¥54.0m (up JP¥71.0m from 3Q 2020). Profit margin: 2.0% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Jan 23Toin Corporation to Report Q3, 2021 Results on Jan 29, 2021Toin Corporation announced that they will report Q3, 2021 results on Jan 29, 2021分析記事 • Jan 13Is Toin Corporation (TYO:7923) An Attractive Dividend Stock?Could Toin Corporation ( TYO:7923 ) be an attractive dividend share to own for the long haul? Investors are often drawn...分析記事 • Dec 23Can Toin (TYO:7923) Continue To Grow Its Returns On Capital?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Is New 90 Day High Low • Dec 18New 90-day high: JP¥545The company is up 12% from its price of JP¥486 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 1.0% over the same period.Is New 90 Day High Low • Dec 02New 90-day high: JP¥523The company is up 9.0% from its price of JP¥480 on 03 September 2020. The Japanese market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Packaging industry, which is up 1.0% over the same period.分析記事 • Dec 02We're Not Counting On Toin (TYO:7923) To Sustain Its Statutory ProfitabilityBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥125.0m, up 114% from the prior year. Total revenue was JP¥11.6b over the last 12 months, down 4.7% from the prior year.Is New 90 Day High Low • Oct 25New 90-day high: JP¥512The company is up 4.0% from its price of JP¥492 on 27 July 2020. The Japanese market is also up 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Packaging industry, which is down 1.0% over the same period.お知らせ • Oct 10Toin Corporation to Report Q2, 2021 Results on Oct 30, 2020Toin Corporation announced that they will report Q2, 2021 results on Oct 30, 2020Upcoming Dividend • Sep 22Upcoming Dividend of JP¥5.00 Per ShareWill be paid on the 3rd of December to those who are registered shareholders by the 29th of September. The trailing yield of 2.1% is below the top quartile of Japanese dividend payers (3.1%), but it is higher than industry peers (1.6%).お知らせ • Jul 05Toin Corporation to Report Q1, 2021 Results on Jul 31, 2020Toin Corporation announced that they will report Q1, 2021 results on Jul 31, 2020収支内訳Toin 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:7923 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Dec 2514,9896642,159030 Sep 2514,7846852,088030 Jun 2514,7256112,118031 Mar 2514,5825972,068031 Dec 2414,1616082,024030 Sep 2414,0315702,017030 Jun 2413,8456792,023031 Mar 2413,5074872,008031 Dec 2313,3093011,966030 Sep 2313,0411691,960030 Jun 2312,837521,931031 Mar 2312,697491,935031 Dec 2212,547291,957030 Sep 2212,206-101,929030 Jun 2211,849-441,908031 Mar 2211,518-621,883031 Dec 2111,29191,843030 Sep 2111,1551071,829030 Jun 2111,169851,815031 Mar 2111,2451181,794031 Dec 2011,3751961,829030 Sep 2011,6021251,858030 Jun 2011,7511191,889031 Mar 2011,819751,918031 Dec 1911,884-761,940030 Sep 1912,175601,942030 Jun 1912,2081441,936031 Mar 1912,3792561,929031 Dec 1812,3933271,920030 Sep 1812,3222811,893030 Jun 1812,2882351,879031 Mar 1812,1612061,845031 Dec 1711,9732181,784030 Sep 1711,5641361,743030 Jun 1711,3231081,706031 Mar 1710,959-161,692031 Dec 1610,860-1791,687030 Sep 1610,955-2321,694030 Jun 1611,105-2671,706031 Mar 1611,321-2301,719031 Dec 1511,428-211,739030 Sep 1511,5231301,736030 Jun 1511,3511721,708031 Mar 1511,3662331,7100質の高い収益: 7923は 高品質の収益 を持っています。利益率の向上: 7923の現在の純利益率 (4.4%)は、昨年(4.3%)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: 7923の収益は過去 5 年間で年間52%増加しました。成長の加速: 7923の過去 1 年間の収益成長率 ( 9.2% ) は、5 年間の平均 ( 年間52%を下回っています。収益対業界: 7923の過去 1 年間の収益成長率 ( 9.2% ) Packaging業界1.1%を上回りませんでした。株主資本利益率高いROE: 7923の 自己資本利益率 ( 5.9% ) 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7D1Y7D1Y7D1YMaterials 、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2026/02/18 20:26終値2026/02/18 00:00収益2025/12/31年間収益2025/03/31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Toin 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。0
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥28.61 (vs JP¥32.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥28.61 (down from JP¥32.78 in 3Q 2025). Revenue: JP¥3.77b (up 5.7% from 3Q 2025). Net income: JP¥144.0m (down 13% from 3Q 2025). Profit margin: 3.8% (down from 4.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 03Toin Corporation to Report Q2, 2026 Results on Nov 14, 2025Toin Corporation announced that they will report Q2, 2026 results on Nov 14, 2025
Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥41.72 (vs JP¥38.94 in 1Q 2025)First quarter 2026 results: EPS: JP¥41.72 (up from JP¥38.94 in 1Q 2025). Revenue: JP¥3.74b (up 4.0% from 1Q 2025). Net income: JP¥210.0m (up 7.1% from 1Q 2025). Profit margin: 5.6% (up from 5.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • May 31Toin Corporation to Report Q1, 2026 Results on Aug 08, 2025Toin Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • May 22Shareholders Can Be Confident That Toin's (TSE:7923) Earnings Are High QualityInvestors were underwhelmed by the solid earnings posted by Toin Corporation ( TSE:7923 ) recently. We have done some...
Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥119 (vs JP¥96.76 in FY 2024)Full year 2025 results: EPS: JP¥119 (up from JP¥96.76 in FY 2024). Revenue: JP¥14.6b (up 8.0% from FY 2024). Net income: JP¥597.0m (up 23% from FY 2024). Profit margin: 4.1% (up from 3.6% 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 98% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 18Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders.Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd made an offer to acquire Toin Corporation (TSE:7923) from a group of shareholders for ¥6 billion on March 21, 2025. A cash consideration valued at ¥1187 per share will be paid by Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd. The transaction is expected to close on February 16, 2026. Nomura Securities Co., Ltd. acted as financial advisor and Mori Hamada & Matsumoto LPC acted as legal advisor to Corporate Support Research Institute Co, Ltd. Anderson Mori & Tomotsune acted as legal advisor and Daiwa Securities Co. Ltd. acted as financial advisor to Toin Corporation. Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd completed the acquisition of Toin Corporation (TSE:7923) from a group of shareholders on February 16, 2026. As per the transaction, Corporate Support Research Institute Fund No.1 managed by Corporate Support Research Institute Co, Ltd acquired 92.13% stake in Toin Corporation and will acquired remaining shares via squeeze-out procedures.
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥28.61 (vs JP¥32.78 in 3Q 2025)Third quarter 2026 results: EPS: JP¥28.61 (down from JP¥32.78 in 3Q 2025). Revenue: JP¥3.77b (up 5.7% from 3Q 2025). Net income: JP¥144.0m (down 13% from 3Q 2025). Profit margin: 3.8% (down from 4.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
分析記事 • Dec 23Insufficient Growth At Toin Corporation (TSE:7923) Hampers Share PriceToin Corporation's ( TSE:7923 ) price-to-earnings (or "P/E") ratio of 7.5x might make it look like a buy right now...
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥1,020, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 138% over the past three years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.0%).
分析記事 • Sep 08Toin Corporation (TSE:7923) Surges 27% Yet Its Low P/E Is No Reason For ExcitementDespite an already strong run, Toin Corporation ( TSE:7923 ) shares have been powering on, with a gain of 27% in the...
New Risk • Sep 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥4.77b market cap, or US$32.3m).
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥948, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 97% over the past three years.
お知らせ • Sep 03Toin Corporation to Report Q2, 2026 Results on Nov 14, 2025Toin Corporation announced that they will report Q2, 2026 results on Nov 14, 2025
Reported Earnings • Aug 11First quarter 2026 earnings released: EPS: JP¥41.72 (vs JP¥38.94 in 1Q 2025)First quarter 2026 results: EPS: JP¥41.72 (up from JP¥38.94 in 1Q 2025). Revenue: JP¥3.74b (up 4.0% from 1Q 2025). Net income: JP¥210.0m (up 7.1% from 1Q 2025). Profit margin: 5.6% (up from 5.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 08Here's Why Toin (TSE:7923) Can Manage Its Debt ResponsiblyTSE:7923 1 Year Share Price vs Fair Value Explore Toin's Fair Values from the Community and select yours Legendary fund...
お知らせ • May 31Toin Corporation to Report Q1, 2026 Results on Aug 08, 2025Toin Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
分析記事 • May 22Shareholders Can Be Confident That Toin's (TSE:7923) Earnings Are High QualityInvestors were underwhelmed by the solid earnings posted by Toin Corporation ( TSE:7923 ) recently. We have done some...
Reported Earnings • May 20Full year 2025 earnings released: EPS: JP¥119 (vs JP¥96.76 in FY 2024)Full year 2025 results: EPS: JP¥119 (up from JP¥96.76 in FY 2024). Revenue: JP¥14.6b (up 8.0% from FY 2024). Net income: JP¥597.0m (up 23% from FY 2024). Profit margin: 4.1% (up from 3.6% 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 98% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • May 15Toin Corporation, Annual General Meeting, Jun 27, 2025Toin Corporation, Annual General Meeting, Jun 27, 2025.
Buy Or Sell Opportunity • May 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to JP¥672. The fair value is estimated to be JP¥559, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 110%.
お知らせ • Apr 10Toin Corporation to Report Fiscal Year 2025 Results on May 15, 2025Toin Corporation announced that they will report fiscal year 2025 results on May 15, 2025
Buy Or Sell Opportunity • Apr 08Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to JP¥685. The fair value is estimated to be JP¥557, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 110%.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥17.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 10% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).
Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥32.78 (vs JP¥25.23 in 3Q 2024)Third quarter 2025 results: EPS: JP¥32.78 (up from JP¥25.23 in 3Q 2024). Revenue: JP¥3.57b (up 3.8% from 3Q 2024). Net income: JP¥165.0m (up 30% from 3Q 2024). Profit margin: 4.6% (up from 3.7% 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 110% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 03Toin Corporation to Report Q3, 2025 Results on Feb 14, 2025Toin Corporation announced that they will report Q3, 2025 results on Feb 14, 2025
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (JP¥3.32b market cap, or US$21.5m).
Upcoming Dividend • Sep 20Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.1%).
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥3.29b market cap, or US$23.4m).
分析記事 • Sep 04Toin Corporation's (TSE:7923) 26% Share Price Surge Not Quite Adding UpToin Corporation ( TSE:7923 ) shareholders would be excited to see that the share price has had a great month, posting...
お知らせ • Sep 04Toin Corporation to Report Q2, 2025 Results on Nov 14, 2024Toin Corporation announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 11First quarter 2025 earnings released: EPS: JP¥38.94 (vs JP¥0.80 in 1Q 2024)First quarter 2025 results: EPS: JP¥38.94 (up from JP¥0.80 in 1Q 2024). Revenue: JP¥3.60b (up 10% from 1Q 2024). Net income: JP¥196.0m (up JP¥192.0m from 1Q 2024). Profit margin: 5.4% (up from 0.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 07Toin (TSE:7923) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥500, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 9x in the Packaging industry in Japan. Total returns to shareholders of 4.0% over the past three years.
お知らせ • Jun 30Toin Corporation to Report Q1, 2025 Results on Jul 31, 2024Toin Corporation announced that they will report Q1, 2025 results on Jul 31, 2024
分析記事 • May 22Toin's (TSE:7923) Earnings Are Of Questionable QualityLast week's profit announcement from Toin Corporation ( TSE:7923 ) was underwhelming for investors, despite headline...
Reported Earnings • May 21Full year 2024 earnings released: EPS: JP¥96.76 (vs JP¥9.74 in FY 2023)Full year 2024 results: EPS: JP¥96.76 (up from JP¥9.74 in FY 2023). Revenue: JP¥13.5b (up 6.4% from FY 2023). Net income: JP¥487.0m (up JP¥438.0m from FY 2023). Profit margin: 3.6% (up from 0.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • May 17Toin Corporation, Annual General Meeting, Jun 27, 2024Toin Corporation, Annual General Meeting, Jun 27, 2024.
お知らせ • Mar 28Toin Corporation to Report Fiscal Year 2024 Results on May 15, 2024Toin Corporation announced that they will report fiscal year 2024 results on May 15, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (2.7%).
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥25.23 (vs JP¥0.99 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥25.23 (up from JP¥0.99 loss in 3Q 2023). Revenue: JP¥3.44b (up 8.5% from 3Q 2023). Net income: JP¥127.0m (up JP¥132.0m from 3Q 2023). Profit margin: 3.7% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥3.64b market cap, or US$24.8m).
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥724, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 10x in the Packaging industry in Japan. Total returns to shareholders of 49% over the past three years.
お知らせ • Dec 28Toin Corporation to Report Q3, 2024 Results on Jan 31, 2024Toin Corporation announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥40.13 (vs JP¥16.89 in 2Q 2023)Second quarter 2024 results: EPS: JP¥40.13 (up from JP¥16.89 in 2Q 2023). Revenue: JP¥3.49b (up 6.2% from 2Q 2023). Net income: JP¥202.0m (up 138% from 2Q 2023). Profit margin: 5.8% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 28Toin Corporation to Report Q2, 2024 Results on Oct 13, 2023Toin Corporation announced that they will report Q2, 2024 results on Oct 13, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥5.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 29 November 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (2.7%).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥0.80 (vs JP¥0.20 in 1Q 2023)First quarter 2024 results: EPS: JP¥0.80 (up from JP¥0.20 in 1Q 2023). Revenue: JP¥3.26b (up 4.5% from 1Q 2023). Net income: JP¥4.00m (up 300% from 1Q 2023). Profit margin: 0.1% (up from 0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 28Toin Corporation to Report Q1, 2024 Results on Jul 31, 2023Toin Corporation announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥9.74 (vs JP¥12.32 loss in FY 2022)Full year 2023 results: EPS: JP¥9.74 (up from JP¥12.32 loss in FY 2022). Revenue: JP¥12.7b (up 10% from FY 2022). Net income: JP¥49.0m (up JP¥111.0m from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
お知らせ • May 14Toin Corporation, Annual General Meeting, Jun 29, 2023Toin Corporation, Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.2%).
お知らせ • Feb 01Toin Corporation to Report Q3, 2023 Results on Jan 31, 2023Toin Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Feb 01Third quarter 2023 earnings released: JP¥0.99 loss per share (vs JP¥8.74 loss in 3Q 2022)Third quarter 2023 results: JP¥0.99 loss per share (improved from JP¥8.74 loss in 3Q 2022). Revenue: JP¥3.17b (up 12% from 3Q 2022). Net loss: JP¥5.00m (loss narrowed 89% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Nov 20Second quarter 2023 earnings released: EPS: JP¥16.89 (vs JP¥10.13 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.89 (up from JP¥10.13 in 2Q 2022). Revenue: JP¥3.28b (up 12% from 2Q 2022). Net income: JP¥85.0m (up 67% from 2Q 2022). Profit margin: 2.6% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Auditor Katsutoshi Hirasawa was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥16.89 (vs JP¥10.13 in 2Q 2022)Second quarter 2023 results: EPS: JP¥16.89 (up from JP¥10.13 in 2Q 2022). Revenue: JP¥3.28b (up 12% from 2Q 2022). Net income: JP¥85.0m (up 67% from 2Q 2022). Profit margin: 2.6% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Sep 29Toin Corporation to Report Q2, 2023 Results on Oct 31, 2022Toin Corporation announced that they will report Q2, 2023 results on Oct 31, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.1%).
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥0.20 (vs JP¥3.38 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥0.20 (up from JP¥3.38 loss in 1Q 2022). Revenue: JP¥3.12b (up 12% from 1Q 2022). Net income: JP¥1.00m (up JP¥18.0m from 1Q 2022). Profit margin: 0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Jun 29Toin Corporation to Report Q1, 2023 Results on Jul 29, 2022Toin Corporation announced that they will report Q1, 2023 results on Jul 29, 2022
お知らせ • May 15Toin Corporation, Annual General Meeting, Jun 29, 2022Toin Corporation, Annual General Meeting, Jun 29, 2022.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Auditor Katsutoshi Hirasawa was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Toin Corporation to Report Fiscal Year 2022 Results on May 13, 2022Toin Corporation announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. The company is paying out more than 100% of its profits and is paying out 93% of its cash flow. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.2%).
Reported Earnings • Feb 03Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥8.74 loss per share (down from JP¥10.73 profit in 3Q 2021). Revenue: JP¥2.83b (up 5.1% from 3Q 2021). Net loss: JP¥44.0m (down 182% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥10.13 (vs JP¥5.76 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.92b (flat on 2Q 2021). Net income: JP¥51.0m (up 76% from 2Q 2021). Profit margin: 1.7% (up from 1.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 31Second quarter 2022 earnings released: EPS JP¥10.13 (vs JP¥5.76 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥2.92b (flat on 2Q 2021). Net income: JP¥51.0m (up 76% from 2Q 2021). Profit margin: 1.7% (up from 1.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.2%).
Reported Earnings • Aug 03First quarter 2022 earnings released: JP¥3.38 loss per share (vs JP¥3.18 profit in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2022 results: Revenue: JP¥2.79b (down 2.7% from 1Q 2021). Net loss: JP¥17.0m (down 206% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥23.44 (vs JP¥14.90 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥11.2b (down 4.9% from FY 2020). Net income: JP¥118.0m (up 57% from FY 2020). Profit margin: 1.0% (up from 0.6% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • May 09Should You Buy Toin Corporation (TYO:7923) For Its 1.9% Dividend?Is Toin Corporation ( TYO:7923 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Mar 26The Return Trends At Toin (TYO:7923) Look PromisingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.6%).
Is New 90 Day High Low • Feb 26New 90-day low: JP¥500The company is down 2.0% from its price of JP¥511 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 8.0% over the same period.
分析記事 • Feb 18Is Toin (TYO:7923) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS JP¥10.73 (vs JP¥3.38 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.69b (down 7.8% from 3Q 2020). Net income: JP¥54.0m (up JP¥71.0m from 3Q 2020). Profit margin: 2.0% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 23Toin Corporation to Report Q3, 2021 Results on Jan 29, 2021Toin Corporation announced that they will report Q3, 2021 results on Jan 29, 2021
分析記事 • Jan 13Is Toin Corporation (TYO:7923) An Attractive Dividend Stock?Could Toin Corporation ( TYO:7923 ) be an attractive dividend share to own for the long haul? Investors are often drawn...
分析記事 • Dec 23Can Toin (TYO:7923) Continue To Grow Its Returns On Capital?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Is New 90 Day High Low • Dec 18New 90-day high: JP¥545The company is up 12% from its price of JP¥486 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Dec 02New 90-day high: JP¥523The company is up 9.0% from its price of JP¥480 on 03 September 2020. The Japanese market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Packaging industry, which is up 1.0% over the same period.
分析記事 • Dec 02We're Not Counting On Toin (TYO:7923) To Sustain Its Statutory ProfitabilityBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥125.0m, up 114% from the prior year. Total revenue was JP¥11.6b over the last 12 months, down 4.7% from the prior year.
Is New 90 Day High Low • Oct 25New 90-day high: JP¥512The company is up 4.0% from its price of JP¥492 on 27 July 2020. The Japanese market is also up 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Packaging industry, which is down 1.0% over the same period.
お知らせ • Oct 10Toin Corporation to Report Q2, 2021 Results on Oct 30, 2020Toin Corporation announced that they will report Q2, 2021 results on Oct 30, 2020
Upcoming Dividend • Sep 22Upcoming Dividend of JP¥5.00 Per ShareWill be paid on the 3rd of December to those who are registered shareholders by the 29th of September. The trailing yield of 2.1% is below the top quartile of Japanese dividend payers (3.1%), but it is higher than industry peers (1.6%).
お知らせ • Jul 05Toin Corporation to Report Q1, 2021 Results on Jul 31, 2020Toin Corporation announced that they will report Q1, 2021 results on Jul 31, 2020