This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsToho Titanium Company (40A) 주식 개요도호 티타늄은 일본에서 티타늄 금속, 폴리올레핀용 촉매 및 화학 물질을 제조 및 판매하는 회사입니다. 자세히 보기40A 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장3/6과거 실적2/6재무 건전성3/6배당0/6강점수익은 매년 23.8% 증가할 것으로 예상됩니다.위험 분석지난 3개월 동안 주가 변동성이 German 시장과 비교했을 때 매우 높았습니다.부채는 operating cash flow로 충분히 감당되지 않습니다.모든 위험 점검 보기40A Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€14.9025.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3b98b2016201920222025202620282031Revenue JP¥98.0bEarnings JP¥3.3bAdvancedSet Fair ValueView all narrativesToho Titanium Company, Limited 경쟁사AlzChem GroupSymbol: XTRA:ACTMarket cap: €1.9bSalzgitterSymbol: XTRA:SZGMarket cap: €2.8bSto SE KGaASymbol: XTRA:STO3Market cap: €622.7mEisen- und HüttenwerkeSymbol: DB:EISMarket cap: €253.4m가격 이력 및 성과Toho Titanium Company 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥14.9052주 최고가JP¥21.0052주 최저가JP¥6.15베타0.831개월 변동-2.61%3개월 변동-14.86%1년 변동125.76%3년 변동18.25%5년 변동109.48%IPO 이후 변동106.94%최근 뉴스 및 업데이트Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 38%After last week's 38% share price decline to €13.00, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.69 per share.Board Change • May 21Less 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. 6 non-independent directors. Independent Outside Director Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 22Toho Titanium Company, Limited to Report Fiscal Year 2026 Results on May 08, 2026Toho Titanium Company, Limited announced that they will report fiscal year 2026 results on May 08, 2026Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.25 per share.Board Change • Dec 30Less 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 Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 10Toho Titanium Company Limited Confirms the Suitability of Natural Rutile from Kasiya Rutile-Graphite Project for Manufacturing High-Specification Titanium Products Critical to Aerospace and Industrial ApplicationsS Sovereign Metals Limited announced that one of Japan's premier titanium metal (sponge and ingot) producers, Toho Titanium Company Limited, has confirmed the suitability of natural rutile from Sovereign's Kasiya Rutile-Graphite Project for manufacturing high-specification titanium products critical to aerospace and industrial applications. Toho Titanium's analysis of a sample of rutile from Kasiya concluded that " it is of a quality that can be used without any issues". Kasiya's rutile surpassed the requirements for TiO2 grade (>95%), low or no deleterious elements, low radiation value, and suitable particle size distribution and density. Toho Titanium represents a cornerstone supplier in the global titanium value chain, with combined decades of expertise serving the world's most demanding aerospace and industrial manufacturers. Toho Titanium, together with Japan's other major titanium metal producer, Osaka Titanium Technologies Co. Ltd. (" Osaka Titanium"), account for over 15% of global titanium production capacity and over 60% of non-sanctioned, aerospace-grade titanium metal production (i.e. excluding China, which is not qualified to produce aerospace-grade titanium, and Russia). Toho Titanium occupies a critical position in titanium supply chains, supporting the aerospace industry across the United States, Europe, and the Indo-Pacific region. Recent geopolitical developments have intensified focus on secure titanium supply chains, creating unprecedented strategic opportunities and strengthening the strategic nature of Kasiya as a future supplier of high-grade titanium feedstock. Toho Titanium supplies the most demanding aerospace applications globally, such as Boeing and Airbus commercial aircraft. Confirmation that rutile meets Toho Titanium's exacting standards for high-specification titanium production validates position as a future cornerstone supplier to critical industries. With the world's largest known rutile deposit, Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya's exceptional scale and quality, combined with Malawi's stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of time." Kasiya Rutile Suitable for all Major End-Use Markets Bulk scale metallurgical test work conducted by Allied Mineral Laboratories in Australia has previously confirmed that a premium-grade rutile product can be produced via a simple, conventional process flow sheet with no requirements for flotation or acid leaching. World-class specification rutile products were reported ranging from 95.0% to 97.2% TiO2 with low impurities and exceptional metallurgical recoveries of up to 100%. The premium chemical parameters and particle sizing (d 50 126 m, 8.6% <75 m m) of Kasiya's rutile indicate that the product is suitable for all major end-use markets. Specifically, Kasiya's rutile product specification makes it a suitable feedstock for superior, high-performance titanium metal products. Confirmation that Kasiya's rutile can be used by Toho Titanium establishes Sovereign Metals as a credible future supplier to the global titanium industry's most discerning customers. This technical endorsement, combined with Kasiya's unmatched scale and strategic location, positions Sovereign as a potential potential supplier to the global titanium industry.더 많은 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 38%After last week's 38% share price decline to €13.00, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.69 per share.Board Change • May 21Less 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. 6 non-independent directors. Independent Outside Director Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 22Toho Titanium Company, Limited to Report Fiscal Year 2026 Results on May 08, 2026Toho Titanium Company, Limited announced that they will report fiscal year 2026 results on May 08, 2026Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.25 per share.Board Change • Dec 30Less 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 Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 10Toho Titanium Company Limited Confirms the Suitability of Natural Rutile from Kasiya Rutile-Graphite Project for Manufacturing High-Specification Titanium Products Critical to Aerospace and Industrial ApplicationsS Sovereign Metals Limited announced that one of Japan's premier titanium metal (sponge and ingot) producers, Toho Titanium Company Limited, has confirmed the suitability of natural rutile from Sovereign's Kasiya Rutile-Graphite Project for manufacturing high-specification titanium products critical to aerospace and industrial applications. Toho Titanium's analysis of a sample of rutile from Kasiya concluded that " it is of a quality that can be used without any issues". Kasiya's rutile surpassed the requirements for TiO2 grade (>95%), low or no deleterious elements, low radiation value, and suitable particle size distribution and density. Toho Titanium represents a cornerstone supplier in the global titanium value chain, with combined decades of expertise serving the world's most demanding aerospace and industrial manufacturers. Toho Titanium, together with Japan's other major titanium metal producer, Osaka Titanium Technologies Co. Ltd. (" Osaka Titanium"), account for over 15% of global titanium production capacity and over 60% of non-sanctioned, aerospace-grade titanium metal production (i.e. excluding China, which is not qualified to produce aerospace-grade titanium, and Russia). Toho Titanium occupies a critical position in titanium supply chains, supporting the aerospace industry across the United States, Europe, and the Indo-Pacific region. Recent geopolitical developments have intensified focus on secure titanium supply chains, creating unprecedented strategic opportunities and strengthening the strategic nature of Kasiya as a future supplier of high-grade titanium feedstock. Toho Titanium supplies the most demanding aerospace applications globally, such as Boeing and Airbus commercial aircraft. Confirmation that rutile meets Toho Titanium's exacting standards for high-specification titanium production validates position as a future cornerstone supplier to critical industries. With the world's largest known rutile deposit, Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya's exceptional scale and quality, combined with Malawi's stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of time." Kasiya Rutile Suitable for all Major End-Use Markets Bulk scale metallurgical test work conducted by Allied Mineral Laboratories in Australia has previously confirmed that a premium-grade rutile product can be produced via a simple, conventional process flow sheet with no requirements for flotation or acid leaching. World-class specification rutile products were reported ranging from 95.0% to 97.2% TiO2 with low impurities and exceptional metallurgical recoveries of up to 100%. The premium chemical parameters and particle sizing (d 50 126 m, 8.6% <75 m m) of Kasiya's rutile indicate that the product is suitable for all major end-use markets. Specifically, Kasiya's rutile product specification makes it a suitable feedstock for superior, high-performance titanium metal products. Confirmation that Kasiya's rutile can be used by Toho Titanium establishes Sovereign Metals as a credible future supplier to the global titanium industry's most discerning customers. This technical endorsement, combined with Kasiya's unmatched scale and strategic location, positions Sovereign as a potential potential supplier to the global titanium industry.공시 • May 08Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025.공시 • Apr 29+ 2 more updatesToho Titanium Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Toho Titanium Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025공시 • Mar 25World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727).World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727) on March 24, 2025. For the period ending March 31, 2024, Toho Technical Service Co.,Ltd. reported total revenue of ¥1.98 billion, EBIT of ¥88 million and net income of ¥59 million. As of March 31, 2024, Toho Technical Service Co.,Ltd. reported total assets of ¥2.32 billion and total common equity of ¥1.89 billion.공시 • Mar 01Toho Titanium Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Toho Titanium Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥3.75 loss per share (vs JP¥20.84 profit in 2Q 2024)Second quarter 2025 results: JP¥3.75 loss per share (down from JP¥20.84 profit in 2Q 2024). Revenue: JP¥22.4b (up 9.4% from 2Q 2024). Net loss: JP¥267.0m (down 118% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.05 per share.Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.00 per share.Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥17.59 (vs JP¥13.39 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.59 (up from JP¥13.39 in 1Q 2024). Revenue: JP¥21.4b (up 32% from 1Q 2024). Net income: JP¥1.25b (up 31% from 1Q 2024). Profit margin: 5.9% (in line with 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (6.3% net profit margin).Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €6.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.39 per share.Declared Dividend • Jul 11Final dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 98%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.92 per share.New Risk • May 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Profit margins are more than 30% lower than last year (6.3% net profit margin).Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Apr 13+ 3 more updatesToho Titanium Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024Toho Titanium Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).공시 • Mar 14Toho Titanium Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024Toho Titanium Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: JP¥8.56 (vs JP¥11.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.56 (down from JP¥11.75 in 3Q 2023). Revenue: JP¥19.8b (up 1.3% from 3Q 2023). Net income: JP¥609.0m (down 27% from 3Q 2023). Profit margin: 3.1% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 27Second quarter 2024 earnings released: EPS: JP¥20.84 (vs JP¥35.37 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.84 (down from JP¥35.37 in 2Q 2023). Revenue: JP¥20.5b (up 8.9% from 2Q 2023). Net income: JP¥1.48b (down 41% from 2Q 2023). Profit margin: 7.2% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.Upcoming Dividend • Sep 21Upcoming dividend of JP¥6.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%).Buying Opportunity • Aug 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be €15.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 84%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥13.39 (vs JP¥28.37 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.39 (down from JP¥28.37 in 1Q 2023). Revenue: JP¥16.2b (down 20% from 1Q 2023). Net income: JP¥953.0m (down 53% from 1Q 2023). Profit margin: 5.9% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €21.00 per share.Board Change • Jul 07Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Jun 23Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €12.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.54 per share.Buying Opportunity • May 10Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €18.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Reported Earnings • May 09Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €16.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 72% over the past year.Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: JP¥11.75 (vs JP¥11.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.75 (up from JP¥11.55 in 3Q 2022). Revenue: JP¥19.6b (up 37% from 3Q 2022). Net income: JP¥836.0m (up 1.7% from 3Q 2022). Profit margin: 4.3% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Metals and Mining industry in Europe.공시 • Nov 27Toho Titanium Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023Toho Titanium Co., Ltd. announced that they will report Q3, 2023 results on Jan 26, 2023Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €17.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 139% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.35 per share.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to €16.80, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 97% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.26 per share.Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥35.37 (vs JP¥15.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.37 (up from JP¥15.27 in 2Q 2022). Revenue: JP¥18.8b (up 30% from 2Q 2022). Net income: JP¥2.52b (up 132% from 2Q 2022). Profit margin: 13% (up from 7.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.공시 • Oct 16Toho Titanium Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022Toho Titanium Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%).Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €18.10, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 98% over the past year.Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥28.37 (vs JP¥11.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥28.37 (up from JP¥11.02 in 1Q 2022). Revenue: JP¥20.1b (up 70% from 1Q 2022). Net income: JP¥2.02b (up 158% from 1Q 2022). Profit margin: 10% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the industry in Germany.공시 • Jul 01Toho Titanium Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022Toho Titanium Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022Reported Earnings • Jun 24Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 52%, compared to a 34% growth forecast for the mining industry in Germany.Buying Opportunity • Jun 17Now 24% undervaluedOver the last 90 days, the stock is up 66%. The fair value is estimated to be €22.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.60, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 165% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.66 per share.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 52% share price gain to €14.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 114% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.37 per share.공시 • May 12+ 3 more updatesToho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022Toho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022.Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 41% growth forecast for the mining industry in Germany.Board Change • Apr 27High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Outside Director Yasuhiko Ikubo is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Apr 08Toho Titanium Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Toho Titanium Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥11.55 (up from JP¥2.04 in 3Q 2021). Revenue: JP¥14.3b (up 57% from 3Q 2021). Net income: JP¥822.0m (up 467% from 3Q 2021). Profit margin: 5.7% (up from 1.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Germany.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥15.27 (vs JP¥1.57 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥14.5b (up 68% from 2Q 2021). Net income: JP¥1.09b (up JP¥975.0m from 2Q 2021). Profit margin: 7.5% (up from 1.3% in 2Q 2021).Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%).Reported Earnings • Aug 01First quarter 2022 earnings released: EPS JP¥11.02 (vs JP¥5.65 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.8b (up 48% from 1Q 2021). Net income: JP¥784.0m (up JP¥1.19b from 1Q 2021). Profit margin: 6.6% (up from net loss in 1Q 2021).Reported Earnings • Jun 22Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).Reported Earnings • May 09Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥2.04 (vs JP¥9.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.14b (down 25% from 3Q 2020). Net income: JP¥145.0m (down 78% from 3Q 2020). Profit margin: 1.6% (down from 5.5% in 3Q 2020). The decrease in margin was driven by lower revenue.Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the Metals and Mining industry in Germany.주주 수익률40ADE Metals and MiningDE 시장7D0%-5.2%0.1%1Y125.8%76.6%4.5%전체 주주 수익률 보기수익률 대 산업: 40A은 지난 1년 동안 76.6%의 수익을 기록한 German Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 40A은 지난 1년 동안 4.5%를 기록한 German 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 40A's price volatile compared to industry and market?40A volatility40A Average Weekly Movement26.4%Metals and Mining Industry Average Movement10.2%Market Average Movement5.8%10% most volatile stocks in DE Market13.7%10% least volatile stocks in DE Market2.8%안정적인 주가: 40A의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: 40A의 주간 변동성은 지난 1년간 19%에서 26%로 증가했습니다.회사 소개설립직원 수CEO웹사이트19481,260Yasuji Yamaowww.toho-titanium.co.jp도호 티타늄은 일본에서 티타늄 금속, 폴리올레핀용 촉매 및 화학 물질을 제조 및 판매하는 회사입니다. 티타늄 스펀지, 티타늄 잉곳, 티타늄 분말 및 가공 티타늄 제품과 같은 티타늄 금속을 제공합니다. 또한 프로필렌 중합 촉매도 제공합니다.더 보기Toho Titanium Company, Limited 기초 지표 요약Toho Titanium Company의 순이익과 매출은 시가총액과 어떻게 비교됩니까?40A 기초 통계시가총액€1.08b순이익 (TTM)€15.32m매출 (TTM)€448.82m70.3x주가수익비율(P/E)2.4x주가매출비율(P/S)40A는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표40A 손익계산서 (TTM)매출JP¥83.39b매출원가JP¥67.65b총이익JP¥15.74b기타 비용JP¥12.89b순이익JP¥2.85b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)39.99총이익률18.87%순이익률3.41%부채/자본 비율93.9%40A의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당0.6%현재 배당 수익률45%배당 성향40A는 안정적으로 배당을 지급합니까?40A 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 40A를 매수해야 하나요?Toho Titanium Company 배당 일정배당락일Mar 30 2026배당 지급일Jun 30 2026배당락일까지 남은 일수86 days배당 지급일까지 남은 일수6 days40A는 안정적으로 배당을 지급합니까?40A 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/31 01:42종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Toho Titanium Company, Limited는 8명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Shinichiro OzakiDaiwa Securities Co. Ltd.Eric NishimuraGoldman SachsKatsuhiko IshibashiIchiyoshi Research Institute Inc.5명의 분석가 더 보기
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 38%After last week's 38% share price decline to €13.00, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.69 per share.
Board Change • May 21Less 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. 6 non-independent directors. Independent Outside Director Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 22Toho Titanium Company, Limited to Report Fiscal Year 2026 Results on May 08, 2026Toho Titanium Company, Limited announced that they will report fiscal year 2026 results on May 08, 2026
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.25 per share.
Board Change • Dec 30Less 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 Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 10Toho Titanium Company Limited Confirms the Suitability of Natural Rutile from Kasiya Rutile-Graphite Project for Manufacturing High-Specification Titanium Products Critical to Aerospace and Industrial ApplicationsS Sovereign Metals Limited announced that one of Japan's premier titanium metal (sponge and ingot) producers, Toho Titanium Company Limited, has confirmed the suitability of natural rutile from Sovereign's Kasiya Rutile-Graphite Project for manufacturing high-specification titanium products critical to aerospace and industrial applications. Toho Titanium's analysis of a sample of rutile from Kasiya concluded that " it is of a quality that can be used without any issues". Kasiya's rutile surpassed the requirements for TiO2 grade (>95%), low or no deleterious elements, low radiation value, and suitable particle size distribution and density. Toho Titanium represents a cornerstone supplier in the global titanium value chain, with combined decades of expertise serving the world's most demanding aerospace and industrial manufacturers. Toho Titanium, together with Japan's other major titanium metal producer, Osaka Titanium Technologies Co. Ltd. (" Osaka Titanium"), account for over 15% of global titanium production capacity and over 60% of non-sanctioned, aerospace-grade titanium metal production (i.e. excluding China, which is not qualified to produce aerospace-grade titanium, and Russia). Toho Titanium occupies a critical position in titanium supply chains, supporting the aerospace industry across the United States, Europe, and the Indo-Pacific region. Recent geopolitical developments have intensified focus on secure titanium supply chains, creating unprecedented strategic opportunities and strengthening the strategic nature of Kasiya as a future supplier of high-grade titanium feedstock. Toho Titanium supplies the most demanding aerospace applications globally, such as Boeing and Airbus commercial aircraft. Confirmation that rutile meets Toho Titanium's exacting standards for high-specification titanium production validates position as a future cornerstone supplier to critical industries. With the world's largest known rutile deposit, Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya's exceptional scale and quality, combined with Malawi's stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of time." Kasiya Rutile Suitable for all Major End-Use Markets Bulk scale metallurgical test work conducted by Allied Mineral Laboratories in Australia has previously confirmed that a premium-grade rutile product can be produced via a simple, conventional process flow sheet with no requirements for flotation or acid leaching. World-class specification rutile products were reported ranging from 95.0% to 97.2% TiO2 with low impurities and exceptional metallurgical recoveries of up to 100%. The premium chemical parameters and particle sizing (d 50 126 m, 8.6% <75 m m) of Kasiya's rutile indicate that the product is suitable for all major end-use markets. Specifically, Kasiya's rutile product specification makes it a suitable feedstock for superior, high-performance titanium metal products. Confirmation that Kasiya's rutile can be used by Toho Titanium establishes Sovereign Metals as a credible future supplier to the global titanium industry's most discerning customers. This technical endorsement, combined with Kasiya's unmatched scale and strategic location, positions Sovereign as a potential potential supplier to the global titanium industry.
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 38%After last week's 38% share price decline to €13.00, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.69 per share.
Board Change • May 21Less 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. 6 non-independent directors. Independent Outside Director Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 22Toho Titanium Company, Limited to Report Fiscal Year 2026 Results on May 08, 2026Toho Titanium Company, Limited announced that they will report fiscal year 2026 results on May 08, 2026
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.25 per share.
Board Change • Dec 30Less 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 Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 10Toho Titanium Company Limited Confirms the Suitability of Natural Rutile from Kasiya Rutile-Graphite Project for Manufacturing High-Specification Titanium Products Critical to Aerospace and Industrial ApplicationsS Sovereign Metals Limited announced that one of Japan's premier titanium metal (sponge and ingot) producers, Toho Titanium Company Limited, has confirmed the suitability of natural rutile from Sovereign's Kasiya Rutile-Graphite Project for manufacturing high-specification titanium products critical to aerospace and industrial applications. Toho Titanium's analysis of a sample of rutile from Kasiya concluded that " it is of a quality that can be used without any issues". Kasiya's rutile surpassed the requirements for TiO2 grade (>95%), low or no deleterious elements, low radiation value, and suitable particle size distribution and density. Toho Titanium represents a cornerstone supplier in the global titanium value chain, with combined decades of expertise serving the world's most demanding aerospace and industrial manufacturers. Toho Titanium, together with Japan's other major titanium metal producer, Osaka Titanium Technologies Co. Ltd. (" Osaka Titanium"), account for over 15% of global titanium production capacity and over 60% of non-sanctioned, aerospace-grade titanium metal production (i.e. excluding China, which is not qualified to produce aerospace-grade titanium, and Russia). Toho Titanium occupies a critical position in titanium supply chains, supporting the aerospace industry across the United States, Europe, and the Indo-Pacific region. Recent geopolitical developments have intensified focus on secure titanium supply chains, creating unprecedented strategic opportunities and strengthening the strategic nature of Kasiya as a future supplier of high-grade titanium feedstock. Toho Titanium supplies the most demanding aerospace applications globally, such as Boeing and Airbus commercial aircraft. Confirmation that rutile meets Toho Titanium's exacting standards for high-specification titanium production validates position as a future cornerstone supplier to critical industries. With the world's largest known rutile deposit, Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya's exceptional scale and quality, combined with Malawi's stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of time." Kasiya Rutile Suitable for all Major End-Use Markets Bulk scale metallurgical test work conducted by Allied Mineral Laboratories in Australia has previously confirmed that a premium-grade rutile product can be produced via a simple, conventional process flow sheet with no requirements for flotation or acid leaching. World-class specification rutile products were reported ranging from 95.0% to 97.2% TiO2 with low impurities and exceptional metallurgical recoveries of up to 100%. The premium chemical parameters and particle sizing (d 50 126 m, 8.6% <75 m m) of Kasiya's rutile indicate that the product is suitable for all major end-use markets. Specifically, Kasiya's rutile product specification makes it a suitable feedstock for superior, high-performance titanium metal products. Confirmation that Kasiya's rutile can be used by Toho Titanium establishes Sovereign Metals as a credible future supplier to the global titanium industry's most discerning customers. This technical endorsement, combined with Kasiya's unmatched scale and strategic location, positions Sovereign as a potential potential supplier to the global titanium industry.
공시 • May 08Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025.
공시 • Apr 29+ 2 more updatesToho Titanium Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Toho Titanium Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
공시 • Mar 25World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727).World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727) on March 24, 2025. For the period ending March 31, 2024, Toho Technical Service Co.,Ltd. reported total revenue of ¥1.98 billion, EBIT of ¥88 million and net income of ¥59 million. As of March 31, 2024, Toho Technical Service Co.,Ltd. reported total assets of ¥2.32 billion and total common equity of ¥1.89 billion.
공시 • Mar 01Toho Titanium Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Toho Titanium Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥3.75 loss per share (vs JP¥20.84 profit in 2Q 2024)Second quarter 2025 results: JP¥3.75 loss per share (down from JP¥20.84 profit in 2Q 2024). Revenue: JP¥22.4b (up 9.4% from 2Q 2024). Net loss: JP¥267.0m (down 118% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.05 per share.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.00 per share.
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥17.59 (vs JP¥13.39 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.59 (up from JP¥13.39 in 1Q 2024). Revenue: JP¥21.4b (up 32% from 1Q 2024). Net income: JP¥1.25b (up 31% from 1Q 2024). Profit margin: 5.9% (in line with 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (6.3% net profit margin).
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €6.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.39 per share.
Declared Dividend • Jul 11Final dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 98%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.92 per share.
New Risk • May 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Profit margins are more than 30% lower than last year (6.3% net profit margin).
Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Apr 13+ 3 more updatesToho Titanium Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024Toho Titanium Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).
공시 • Mar 14Toho Titanium Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024Toho Titanium Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024
Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: JP¥8.56 (vs JP¥11.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.56 (down from JP¥11.75 in 3Q 2023). Revenue: JP¥19.8b (up 1.3% from 3Q 2023). Net income: JP¥609.0m (down 27% from 3Q 2023). Profit margin: 3.1% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 27Second quarter 2024 earnings released: EPS: JP¥20.84 (vs JP¥35.37 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.84 (down from JP¥35.37 in 2Q 2023). Revenue: JP¥20.5b (up 8.9% from 2Q 2023). Net income: JP¥1.48b (down 41% from 2Q 2023). Profit margin: 7.2% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥6.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%).
Buying Opportunity • Aug 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be €15.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 84%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥13.39 (vs JP¥28.37 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.39 (down from JP¥28.37 in 1Q 2023). Revenue: JP¥16.2b (down 20% from 1Q 2023). Net income: JP¥953.0m (down 53% from 1Q 2023). Profit margin: 5.9% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €21.00 per share.
Board Change • Jul 07Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Jun 23Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €12.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.54 per share.
Buying Opportunity • May 10Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €18.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Reported Earnings • May 09Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €16.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 72% over the past year.
Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: JP¥11.75 (vs JP¥11.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.75 (up from JP¥11.55 in 3Q 2022). Revenue: JP¥19.6b (up 37% from 3Q 2022). Net income: JP¥836.0m (up 1.7% from 3Q 2022). Profit margin: 4.3% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Metals and Mining industry in Europe.
공시 • Nov 27Toho Titanium Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023Toho Titanium Co., Ltd. announced that they will report Q3, 2023 results on Jan 26, 2023
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €17.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 139% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.35 per share.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to €16.80, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 97% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.26 per share.
Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥35.37 (vs JP¥15.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.37 (up from JP¥15.27 in 2Q 2022). Revenue: JP¥18.8b (up 30% from 2Q 2022). Net income: JP¥2.52b (up 132% from 2Q 2022). Profit margin: 13% (up from 7.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
공시 • Oct 16Toho Titanium Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022Toho Titanium Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%).
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €18.10, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 98% over the past year.
Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥28.37 (vs JP¥11.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥28.37 (up from JP¥11.02 in 1Q 2022). Revenue: JP¥20.1b (up 70% from 1Q 2022). Net income: JP¥2.02b (up 158% from 1Q 2022). Profit margin: 10% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the industry in Germany.
공시 • Jul 01Toho Titanium Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022Toho Titanium Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022
Reported Earnings • Jun 24Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 52%, compared to a 34% growth forecast for the mining industry in Germany.
Buying Opportunity • Jun 17Now 24% undervaluedOver the last 90 days, the stock is up 66%. The fair value is estimated to be €22.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.60, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 165% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.66 per share.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 52% share price gain to €14.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 114% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.37 per share.
공시 • May 12+ 3 more updatesToho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022Toho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022.
Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 41% growth forecast for the mining industry in Germany.
Board Change • Apr 27High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Outside Director Yasuhiko Ikubo is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Apr 08Toho Titanium Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Toho Titanium Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).
Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥11.55 (up from JP¥2.04 in 3Q 2021). Revenue: JP¥14.3b (up 57% from 3Q 2021). Net income: JP¥822.0m (up 467% from 3Q 2021). Profit margin: 5.7% (up from 1.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Germany.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥15.27 (vs JP¥1.57 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥14.5b (up 68% from 2Q 2021). Net income: JP¥1.09b (up JP¥975.0m from 2Q 2021). Profit margin: 7.5% (up from 1.3% in 2Q 2021).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%).
Reported Earnings • Aug 01First quarter 2022 earnings released: EPS JP¥11.02 (vs JP¥5.65 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.8b (up 48% from 1Q 2021). Net income: JP¥784.0m (up JP¥1.19b from 1Q 2021). Profit margin: 6.6% (up from net loss in 1Q 2021).
Reported Earnings • Jun 22Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).
Reported Earnings • May 09Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥2.04 (vs JP¥9.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.14b (down 25% from 3Q 2020). Net income: JP¥145.0m (down 78% from 3Q 2020). Profit margin: 1.6% (down from 5.5% in 3Q 2020). The decrease in margin was driven by lower revenue.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the Metals and Mining industry in Germany.
