View Financial HealthTokuyama 배당 및 자사주 매입배당 기준 점검 3/6Tokuyama 수익으로 충분히 충당되는 현재 수익률 2.35% 보유한 배당금 지급 회사입니다. 다음 지급일은 29th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보2.3%배당 수익률-0.4%자사주 매입 수익률총 주주 수익률1.9%미래 배당 수익률3.1%배당 성장률14.9%다음 배당 지급일29 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향39%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Sep 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 301%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).공시 • Oct 29+ 1 more updateTokuyama Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Tokuyama Corporation announced dividend for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 35.00 against JPY 35.00 a year ago. The dividend will be payable on December 1, 2022. For the year ending March 31, 2023, the company expects to pay dividend of JPY 35.00 against JPY 35.00 a year ago.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €26.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 104% over the past three years.Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.공시 • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026공시 • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.공시 • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026공시 • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.공시 • Sep 11Tokuyama Corporation to Report Q2, 2026 Results on Oct 29, 2025Tokuyama Corporation announced that they will report Q2, 2026 results on Oct 29, 2025공시 • Jun 14Tokuyama Corporation to Report Q1, 2026 Results on Jul 29, 2025Tokuyama Corporation announced that they will report Q1, 2026 results on Jul 29, 2025공시 • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 24, 2025Tokuyama Corporation, Annual General Meeting, Jun 24, 2025.공시 • Mar 20Tokuyama Corporation to Report Fiscal Year 2025 Results on Apr 28, 2025Tokuyama Corporation announced that they will report fiscal year 2025 results on Apr 28, 2025공시 • Dec 04Tokuyama Corporation to Report Q3, 2025 Results on Jan 31, 2025Tokuyama Corporation announced that they will report Q3, 2025 results on Jan 31, 2025Reported Earnings • Oct 29Second quarter 2025 earnings released: EPS: JP¥58.92 (vs JP¥26.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥58.92 (up from JP¥26.74 in 2Q 2024). Revenue: JP¥83.0b (up 2.2% from 2Q 2024). Net income: JP¥4.24b (up 120% from 2Q 2024). Profit margin: 5.1% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).공시 • Sep 06Tokuyama Corporation to Report Q2, 2025 Results on Oct 29, 2024Tokuyama Corporation announced that they will report Q2, 2025 results on Oct 29, 2024Reported Earnings • Jul 28First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥59.82 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥59.82 in 1Q 2024). Revenue: JP¥82.5b (down 2.8% from 1Q 2024). Net income: JP¥7.40b (up 72% from 1Q 2024). Profit margin: 9.0% (up from 5.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% 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.Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 301%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 05Now 20% undervaluedOver the last 90 days, the stock has risen 2.4% to €16.90. The fair value is estimated to be €21.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.공시 • Jun 17Tokuyama Corporation to Report Q1, 2025 Results on Jul 26, 2024Tokuyama Corporation announced that they will report Q1, 2025 results on Jul 26, 2024공시 • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 25, 2024Tokuyama Corporation, Annual General Meeting, Jun 25, 2024.Reported Earnings • Apr 28Full year 2024 earnings released: EPS: JP¥247 (vs JP¥130 in FY 2023)Full year 2024 results: EPS: JP¥247 (up from JP¥130 in FY 2023). Revenue: JP¥342.0b (down 2.8% from FY 2023). Net income: JP¥17.8b (up 90% from FY 2023). Profit margin: 5.2% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Mar 28Tokuyama Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Tokuyama Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥78.93 (vs JP¥27.26 in 3Q 2023)Third quarter 2024 results: EPS: JP¥78.93 (up from JP¥27.26 in 3Q 2023). Revenue: JP¥84.2b (down 9.2% from 3Q 2023). Net income: JP¥5.68b (up 190% from 3Q 2023). Profit margin: 6.7% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.공시 • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.공시 • Nov 29Tokuyama Corporation to Report Q3, 2024 Results on Jan 31, 2024Tokuyama Corporation announced that they will report Q3, 2024 results on Jan 31, 2024Buying Opportunity • Nov 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.4%. The fair value is estimated to be €17.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥26.74 (vs JP¥28.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.74 (down from JP¥28.95 in 2Q 2023). Revenue: JP¥81.2b (down 1.4% from 2Q 2023). Net income: JP¥1.92b (down 7.6% from 2Q 2023). Profit margin: 2.4% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Buying Opportunity • Oct 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €16.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Buying Opportunity • Oct 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be €17.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).공시 • Aug 30Tokuyama Corporation to Report Q2, 2024 Results on Oct 27, 2023Tokuyama Corporation announced that they will report Q2, 2024 results on Oct 27, 2023공시 • Jul 29+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tokuyama Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 30,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 305.77 per share.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥59.82 (vs JP¥62.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥59.82 (down from JP¥62.29 in 1Q 2023). Revenue: JP¥84.9b (up 1.0% from 1Q 2023). Net income: JP¥4.30b (down 4.0% from 1Q 2023). Profit margin: 5.1% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.공시 • May 28Tokuyama Corporation to Report Q1, 2024 Results on Jul 27, 2023Tokuyama Corporation announced that they will report Q1, 2024 results on Jul 27, 2023Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥130 (vs JP¥389 in FY 2022)Full year 2023 results: EPS: JP¥130 (down from JP¥389 in FY 2022). Revenue: JP¥351.8b (up 20% from FY 2022). Net income: JP¥9.36b (down 67% from FY 2022). Profit margin: 2.7% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥27.25 (vs JP¥57.25 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.25 (down from JP¥57.25 in 3Q 2022). Revenue: JP¥92.6b (up 17% from 3Q 2022). Net income: JP¥1.96b (down 52% from 3Q 2022). Profit margin: 2.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공시 • Jan 31Tokuyama Corporation Revises Earnings Forecast for Fiscal 2022Tokuyama Corporation has revised earnings forecast for Fiscal 2022 (April 1, 2022 to March 31, 2023). For the period, the company expects net sales to be JPY 356,000 as compared to previous JPY 370,000. Operating profit to be JPY 21,000 as compared to previous JPY 18,000. Profit attribute to owners of parents to be JPY 12,000 as compared to previous JPY 15,000. Basic EPS to be JPY 166.78 as compared to previous JPY 208.47. The performance forecast for the full fiscal year ending March 31, 2023 has been revised as above from the previous performance forecast released on October 28, 2022, based on overseas vinyl chloride products market conditions and other factors.Buying Opportunity • Jan 06Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €15.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.0%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 5.9% per annum over the same time period.공시 • Nov 27Tokuyama Corporation to Report Q3, 2023 Results on Jan 31, 2023Tokuyama Corporation announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Second quarter 2023 earnings released: EPS: JP¥28.95 (vs JP¥59.97 in 2Q 2022)Second quarter 2023 results: EPS: JP¥28.95 (down from JP¥59.97 in 2Q 2022). Revenue: JP¥82.4b (up 26% from 2Q 2022). Net income: JP¥2.08b (down 52% from 2Q 2022). Profit margin: 2.5% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.공시 • Oct 29+ 1 more updateTokuyama Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Tokuyama Corporation announced dividend for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 35.00 against JPY 35.00 a year ago. The dividend will be payable on December 1, 2022. For the year ending March 31, 2023, the company expects to pay dividend of JPY 35.00 against JPY 35.00 a year ago.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).공시 • Sep 16Tokuyama Corporation to Report Q2, 2023 Results on Oct 28, 2022Tokuyama Corporation announced that they will report Q2, 2023 results on Oct 28, 2022Reported Earnings • Jul 28First quarter 2023 earnings released: EPS: JP¥62.29 (vs JP¥68.64 in 1Q 2022)First quarter 2023 results: EPS: JP¥62.29 (down from JP¥68.64 in 1Q 2022). Revenue: JP¥84.0b (up 25% from 1Q 2022). Net income: JP¥4.48b (down 9.3% from 1Q 2022). Profit margin: 5.3% (down from 7.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공시 • Jul 28+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, company net sales to be JPY 360,000 million, operating profit to be JPY 24,500 million, profit attributable to owners of parent to be JPY 17,500 million and basic earnings per share to be JPY 243.22.공시 • Jun 22Tokuyama Corporation to Report Q1, 2023 Results on Jul 27, 2022Tokuyama Corporation announced that they will report Q1, 2023 results on Jul 27, 2022공시 • May 02Tokuyama Corporation, Annual General Meeting, Jun 24, 2022Tokuyama Corporation, Annual General Meeting, Jun 24, 2022.Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥389 (vs JP¥351 in FY 2021)Full year 2022 results: EPS: JP¥389 (up from JP¥351 in FY 2021). Revenue: JP¥293.8b (down 2.8% from FY 2021). Net income: JP¥28.0b (up 14% from FY 2021). Profit margin: 9.5% (up from 8.1% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.Board Change • Apr 27Less 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: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Apr 01Tokuyama Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022Tokuyama Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥57.25 (down from JP¥134 in 3Q 2021). Revenue: JP¥78.9b (up 1.7% from 3Q 2021). Net income: JP¥4.12b (down 56% from 3Q 2021). Profit margin: 5.2% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.6%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year.공시 • Jan 31+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2022Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ended March 31, 2022. For the year, the company expects net sales to be JPY 293,000 million, operating profit to be JPY 22,000 million, profit attributable to owners of parent of JPY 22,000 million and basic earnings per share were JPY 305.66.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥59.97 (vs JP¥68.95 in 2Q 2021)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥65.2b (down 10% from 2Q 2021). Net income: JP¥4.32b (down 9.9% from 2Q 2021). Profit margin: 6.6% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).Reported Earnings • Jul 29First quarter 2022 earnings released: EPS JP¥68.64 (vs JP¥74.94 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥67.5b (down 4.4% from 1Q 2021). Net income: JP¥4.94b (down 5.1% from 1Q 2021). Profit margin: 7.3% (down from 7.4% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥351 (vs JP¥287 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¥302.4b (down 4.3% from FY 2020). Net income: JP¥24.5b (up 23% from FY 2020). Profit margin: 8.1% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).공시 • Mar 21Tokuyama Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021Tokuyama Corporation announced that they will report fiscal year 2021 results on Apr 28, 2021공시 • Feb 26Tokuyama Corporation Announces Executive Changes, Effective April 1, 2021Tokuyama Corporation announced appointment of Hideo Sugimura and Hiroshi Nomura as representative director from previous role as Director. The company appointed Hideki Adachi as director from Representative Director. The changes are effective April 1, 2021.Is New 90 Day High Low • Feb 23New 90-day high: €21.20The company is up 18% from its price of €18.00 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.95 per share.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥134 (vs JP¥110 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¥77.6b (down 7.4% from 3Q 2020). Net income: JP¥9.32b (up 23% from 3Q 2020). Profit margin: 12% (up from 9.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.9% growth forecast for the Chemicals industry in Germany.공시 • Jan 29Tokuyama Corporation Revises Its Earnings Forecast for the Full Year Ending March 31, 2021Tokuyama Corporation revised its earnings forecast for the full year ending March 31, 2021. For the period, the company revises its basic EPS guidance to JPY 374.34 per share against pervious guidance of JPY 316.75 per share. The company revises its operating profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its ordinary profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its profit attributable to owners of parent guidance to JPY 26,000 million against pervious guidance of JPY 22,000 million. The performance forecast for the full fiscal year ending March 31, 2021 has been revised from the previous performance forecast released on October 28, 2020, based on the current performance trend such as upturn in export prices of vinyl chloride monomer and vinyl chloride resin.Is New 90 Day High Low • Jan 28New 90-day high: €20.80The company is up 11% from its price of €18.70 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €38.39 per share.공시 • Dec 24Tokuyama Corporation to Report Q3, 2021 Results on Jan 29, 2021Tokuyama Corporation announced that they will report Q3, 2021 results on Jan 29, 2021Is New 90 Day High Low • Dec 24New 90-day low: €17.40The company is down 17% from its price of €21.00 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.56 per share.Is New 90 Day High Low • Nov 19New 90-day low: €17.60The company is down 10.0% from its price of €19.50 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.54 per share.Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 1.1% compared to a 3.6% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥68.95The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥72.7b (down 4.7% from 2Q 2020). Net income: JP¥4.79b (down 14% from 2Q 2020). Profit margin: 6.6% (down from 7.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.Is New 90 Day High Low • Oct 31New 90-day low: €18.70The company is down 4.0% from its price of €19.40 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.15 per share.Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥19.5b, down 39% from the prior year. Total revenue was JP¥306.6b over the last 12 months, down 5.6% from the prior year.공시 • Oct 29Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion.Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion on October 28, 2020. Under the terms of the agreement Tokuyama will issue 2.5 million shares based on exchange ratio of 0.68. Post completion of the transaction, A& T will be delisted from JASDAQ and will operate as a wholly owned subsidiary of Tokuyamam. The transaction is subject to approval from A& T's shareholders. The transaction has been unanimously approved by A& T's board of directors. The shareholder's meeting is scheduled to be held on December 22, 2020. A& T established a special committee formed of three people, none of whom has interest in Tokuyama: Jun Mitani, Akira Tori and Ryo Suzuki. The transaction is expected to close on February 1, 2021. The impact of the transaction is expected to be minor on the operating results for each of Tokuyama and A& T. Mori Hamada & Matsumoto LPC acted as legal advisor for Tokuyama. acted as financial advisor for Tokuyama. Anderson Mori & Tomotsune LPC acted as legal advisor for A& T. Mizuho Securities Co., Ltd. acted as financial advisor for A& T.공시 • Oct 06Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043).Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043) on September 25, 2020. Pre-acquisition, Rengo Co., Ltd. holds 20% stake and Tokuyama Corporation holds 80% stake in SunTox. Post completion, SunTox will operate as a subsidiary of Rengo Co., Ltd. SunTox reported net sales of ¥18 billion as of March 31, 2020. The transaction is subject to the approval pertaining to the Antimonopoly Act from the Japan Fair Trade Commission. The transaction is approved by the Board of Rengo. The transaction is expected to complete on October 1, 2020.공시 • Sep 26Tokuyama Corporation Announces to Establishment of Joint Venture in Taiwan with Formosa Plastics CorporationTokuyama Corporation announced that at its Board meeting held on September 25, 2020 the decision was taken to establish a joint venture in Taiwan with Formosa Plastics Corporation for the purpose of manufacturing and selling high-purity isopropyl alcohol (IPA) for the electronics industry. With the establishment of this joint venture, the Company will build an integrated production system from propylene as a raw material in Taiwan and, to further expand its high-purity IPA business, establish a production and supply system that immediately responds to the needs of its customers in Taiwan.공시 • Sep 19Tokuyama Corporation to Report Q2, 2021 Results on Oct 28, 2020Tokuyama Corporation announced that they will report Q2, 2021 results on Oct 28, 2020공시 • Jun 29Tokuyama Corporation to Report Q1, 2021 Results on Jul 28, 2020Tokuyama Corporation announced that they will report Q1, 2021 results on Jul 28, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, TBT 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: TBT 의 배당금 지급이 증가했지만 회사는 9 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Tokuyama 배당 수익률 vs 시장TBT의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TBT)2.3%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Chemicals)3.8%분석가 예측 (TBT) (최대 3년)3.1%주목할만한 배당금: TBT 의 배당금( 2.35% )은 German 시장에서 배당금 지급자의 하위 25%( 1.46% )보다 높습니다.고배당: TBT 의 배당금( 2.35% )은 German 시장에서 배당금 지급자의 상위 25%( 4.55% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 38.9% )로 TBT 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 39.5% )로 TBT 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/31 09:49종가2026/05/29 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Tokuyama Corporation는 14명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Takayuki KuniiBofA Global ResearchMasao YoshidaCLSAHirokazu MitsudaDaiwa Securities Co. Ltd.11명의 분석가 더 보기
Upcoming Dividend • Sep 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).
Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 301%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).
공시 • Oct 29+ 1 more updateTokuyama Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Tokuyama Corporation announced dividend for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 35.00 against JPY 35.00 a year ago. The dividend will be payable on December 1, 2022. For the year ending March 31, 2023, the company expects to pay dividend of JPY 35.00 against JPY 35.00 a year ago.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €26.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Chemicals industry in Germany. Total returns to shareholders of 104% over the past three years.
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Outside Director Hiraku Ishizuka was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 29Tokuyama Corporation, Annual General Meeting, Jun 26, 2026Tokuyama Corporation, Annual General Meeting, Jun 26, 2026.
공시 • Mar 31Tokuyama Corporation to Report Fiscal Year 2026 Results on Apr 28, 2026Tokuyama Corporation announced that they will report fiscal year 2026 results on Apr 28, 2026
공시 • Jan 23+ 1 more updateTokuyama Corporation Announces President Changes, Effective April 1, 2026Tokuyama Corporation resolved the changes of Representative Directors at the meeting of the Board of Directors on January 23, 2026. It was decided to put into effect a new management system starting April 1, 2026. The company appointed Hiroshi Yokota as Representative Director, Chairman and Executive Officer from Representative Director, President and Executive Officer and Tomohiro Inoue as Representative Director, President and Executive Officer from Director, Managing Executive Officer. Tomohiro Inoue was born on December 8, 1964. His career includes joining Tokuyama Soda Co. Ltd. (current Tokuyama Corporation) in April 1989, serving as General Manager, Business Promotion Project Dept. in April 2013, General Manager, Recycling & Environment Promotion Dept. in April 2015, General Manager, Cement Manufacturing Dept. in April 2018, Executive Officer, Deputy General Manager, Cement Business Div. and General Manager, Cement Manufacturing Dept. in April 2021, Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2022, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in April 2023, Director, In charge of Eco Business and Tokuyama Factory, Managing Executive Officer, General Manager, Eco Business Div. and Deputy General Manager, Cement Business Div. in June 2023, Director, In charge of Corporate Planning, Corporate Social Responsibility, Eco Business, Tokuyama Factory and Carbon Neutral Strategy, Managing Executive Officer, General Manager, Corporate Planning Div. in April 2024, and Director, In charge of Corporate Planning, Sustainability, Eco Business, Tokuyama Factory, Carbon Neutral Strategy, New Business, Center for Commercialization of Advanced Technology and Digital Administration & Planning, Managing Executive Officer, General Manager, Corporate Planning Div. (To present) in June 2025.
공시 • Dec 13Tokuyama Corporation to Report Q3, 2026 Results on Jan 30, 2026Tokuyama Corporation announced that they will report Q3, 2026 results on Jan 30, 2026
공시 • Oct 03Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation.Tokuyama Corporation (TSE:4043) agreed to acquire Vitro diagnostic pharmaceutical business from JSR Corporation for ¥82 billion on April 22, 2025. A cash consideration of ¥82 billion will be paid by Tokuyama Corporation subject to adjustments. The expected completion of the transaction is October 1, 2025. Tokuyama Corporation (TSE:4043) completed the acquisition of Vitro diagnostic pharmaceutical business from JSR Corporation on October 1, 2025. The business has been established as a New Company and named as Tokuyama Life Science Corporation.
공시 • Sep 11Tokuyama Corporation to Report Q2, 2026 Results on Oct 29, 2025Tokuyama Corporation announced that they will report Q2, 2026 results on Oct 29, 2025
공시 • Jun 14Tokuyama Corporation to Report Q1, 2026 Results on Jul 29, 2025Tokuyama Corporation announced that they will report Q1, 2026 results on Jul 29, 2025
공시 • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 24, 2025Tokuyama Corporation, Annual General Meeting, Jun 24, 2025.
공시 • Mar 20Tokuyama Corporation to Report Fiscal Year 2025 Results on Apr 28, 2025Tokuyama Corporation announced that they will report fiscal year 2025 results on Apr 28, 2025
공시 • Dec 04Tokuyama Corporation to Report Q3, 2025 Results on Jan 31, 2025Tokuyama Corporation announced that they will report Q3, 2025 results on Jan 31, 2025
Reported Earnings • Oct 29Second quarter 2025 earnings released: EPS: JP¥58.92 (vs JP¥26.74 in 2Q 2024)Second quarter 2025 results: EPS: JP¥58.92 (up from JP¥26.74 in 2Q 2024). Revenue: JP¥83.0b (up 2.2% from 2Q 2024). Net income: JP¥4.24b (up 120% from 2Q 2024). Profit margin: 5.1% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).
공시 • Sep 06Tokuyama Corporation to Report Q2, 2025 Results on Oct 29, 2024Tokuyama Corporation announced that they will report Q2, 2025 results on Oct 29, 2024
Reported Earnings • Jul 28First quarter 2025 earnings released: EPS: JP¥103 (vs JP¥59.82 in 1Q 2024)First quarter 2025 results: EPS: JP¥103 (up from JP¥59.82 in 1Q 2024). Revenue: JP¥82.5b (down 2.8% from 1Q 2024). Net income: JP¥7.40b (up 72% from 1Q 2024). Profit margin: 9.0% (up from 5.1% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% 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.
Declared Dividend • Jul 11Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 301%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 05Now 20% undervaluedOver the last 90 days, the stock has risen 2.4% to €16.90. The fair value is estimated to be €21.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
공시 • Jun 17Tokuyama Corporation to Report Q1, 2025 Results on Jul 26, 2024Tokuyama Corporation announced that they will report Q1, 2025 results on Jul 26, 2024
공시 • Apr 28Tokuyama Corporation, Annual General Meeting, Jun 25, 2024Tokuyama Corporation, Annual General Meeting, Jun 25, 2024.
Reported Earnings • Apr 28Full year 2024 earnings released: EPS: JP¥247 (vs JP¥130 in FY 2023)Full year 2024 results: EPS: JP¥247 (up from JP¥130 in FY 2023). Revenue: JP¥342.0b (down 2.8% from FY 2023). Net income: JP¥17.8b (up 90% from FY 2023). Profit margin: 5.2% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Mar 28Tokuyama Corporation to Report Fiscal Year 2024 Results on Apr 26, 2024Tokuyama Corporation announced that they will report fiscal year 2024 results on Apr 26, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥78.93 (vs JP¥27.26 in 3Q 2023)Third quarter 2024 results: EPS: JP¥78.93 (up from JP¥27.26 in 3Q 2023). Revenue: JP¥84.2b (down 9.2% from 3Q 2023). Net income: JP¥5.68b (up 190% from 3Q 2023). Profit margin: 6.7% (up from 2.1% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
공시 • Feb 01Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000. Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.
공시 • Nov 29Tokuyama Corporation to Report Q3, 2024 Results on Jan 31, 2024Tokuyama Corporation announced that they will report Q3, 2024 results on Jan 31, 2024
Buying Opportunity • Nov 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.4%. The fair value is estimated to be €17.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Reported Earnings • Oct 29Second quarter 2024 earnings released: EPS: JP¥26.74 (vs JP¥28.95 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.74 (down from JP¥28.95 in 2Q 2023). Revenue: JP¥81.2b (down 1.4% from 2Q 2023). Net income: JP¥1.92b (down 7.6% from 2Q 2023). Profit margin: 2.4% (down from 2.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Oct 28Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €16.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Buying Opportunity • Oct 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be €17.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥35.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
공시 • Aug 30Tokuyama Corporation to Report Q2, 2024 Results on Oct 27, 2023Tokuyama Corporation announced that they will report Q2, 2024 results on Oct 27, 2023
공시 • Jul 29+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Tokuyama Corporation provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 380,000 million, operating profit of JPY 30,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 305.77 per share.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥59.82 (vs JP¥62.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥59.82 (down from JP¥62.29 in 1Q 2023). Revenue: JP¥84.9b (up 1.0% from 1Q 2023). Net income: JP¥4.30b (down 4.0% from 1Q 2023). Profit margin: 5.1% (down from 5.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year.
공시 • May 28Tokuyama Corporation to Report Q1, 2024 Results on Jul 27, 2023Tokuyama Corporation announced that they will report Q1, 2024 results on Jul 27, 2023
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥130 (vs JP¥389 in FY 2022)Full year 2023 results: EPS: JP¥130 (down from JP¥389 in FY 2022). Revenue: JP¥351.8b (up 20% from FY 2022). Net income: JP¥9.36b (down 67% from FY 2022). Profit margin: 2.7% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).
Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥27.25 (vs JP¥57.25 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.25 (down from JP¥57.25 in 3Q 2022). Revenue: JP¥92.6b (up 17% from 3Q 2022). Net income: JP¥1.96b (down 52% from 3Q 2022). Profit margin: 2.1% (down from 5.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공시 • Jan 31Tokuyama Corporation Revises Earnings Forecast for Fiscal 2022Tokuyama Corporation has revised earnings forecast for Fiscal 2022 (April 1, 2022 to March 31, 2023). For the period, the company expects net sales to be JPY 356,000 as compared to previous JPY 370,000. Operating profit to be JPY 21,000 as compared to previous JPY 18,000. Profit attribute to owners of parents to be JPY 12,000 as compared to previous JPY 15,000. Basic EPS to be JPY 166.78 as compared to previous JPY 208.47. The performance forecast for the full fiscal year ending March 31, 2023 has been revised as above from the previous performance forecast released on October 28, 2022, based on overseas vinyl chloride products market conditions and other factors.
Buying Opportunity • Jan 06Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €15.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.0%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 5.9% per annum over the same time period.
공시 • Nov 27Tokuyama Corporation to Report Q3, 2023 Results on Jan 31, 2023Tokuyama Corporation announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Second quarter 2023 earnings released: EPS: JP¥28.95 (vs JP¥59.97 in 2Q 2022)Second quarter 2023 results: EPS: JP¥28.95 (down from JP¥59.97 in 2Q 2022). Revenue: JP¥82.4b (up 26% from 2Q 2022). Net income: JP¥2.08b (down 52% from 2Q 2022). Profit margin: 2.5% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
공시 • Oct 29+ 1 more updateTokuyama Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Tokuyama Corporation announced dividend for the second quarter of fiscal year ending March 31, 2023. For the quarter, the company announced dividend of JPY 35.00 against JPY 35.00 a year ago. The dividend will be payable on December 1, 2022. For the year ending March 31, 2023, the company expects to pay dividend of JPY 35.00 against JPY 35.00 a year ago.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).
공시 • Sep 16Tokuyama Corporation to Report Q2, 2023 Results on Oct 28, 2022Tokuyama Corporation announced that they will report Q2, 2023 results on Oct 28, 2022
Reported Earnings • Jul 28First quarter 2023 earnings released: EPS: JP¥62.29 (vs JP¥68.64 in 1Q 2022)First quarter 2023 results: EPS: JP¥62.29 (down from JP¥68.64 in 1Q 2022). Revenue: JP¥84.0b (up 25% from 1Q 2022). Net income: JP¥4.48b (down 9.3% from 1Q 2022). Profit margin: 5.3% (down from 7.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 7.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공시 • Jul 28+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, company net sales to be JPY 360,000 million, operating profit to be JPY 24,500 million, profit attributable to owners of parent to be JPY 17,500 million and basic earnings per share to be JPY 243.22.
공시 • Jun 22Tokuyama Corporation to Report Q1, 2023 Results on Jul 27, 2022Tokuyama Corporation announced that they will report Q1, 2023 results on Jul 27, 2022
공시 • May 02Tokuyama Corporation, Annual General Meeting, Jun 24, 2022Tokuyama Corporation, Annual General Meeting, Jun 24, 2022.
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥389 (vs JP¥351 in FY 2021)Full year 2022 results: EPS: JP¥389 (up from JP¥351 in FY 2021). Revenue: JP¥293.8b (down 2.8% from FY 2021). Net income: JP¥28.0b (up 14% from FY 2021). Profit margin: 9.5% (up from 8.1% in FY 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year.
Board Change • Apr 27Less 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: 3 independent directors. 6 non-independent directors. Independent External Director Yuzo Kawamori was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Apr 01Tokuyama Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022Tokuyama Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥57.25 (down from JP¥134 in 3Q 2021). Revenue: JP¥78.9b (up 1.7% from 3Q 2021). Net income: JP¥4.12b (down 56% from 3Q 2021). Profit margin: 5.2% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.6%, compared to a 5.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year.
공시 • Jan 31+ 1 more updateTokuyama Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2022Tokuyama Corporation provided consolidated earnings guidance for the fiscal year ended March 31, 2022. For the year, the company expects net sales to be JPY 293,000 million, operating profit to be JPY 22,000 million, profit attributable to owners of parent of JPY 22,000 million and basic earnings per share were JPY 305.66.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥59.97 (vs JP¥68.95 in 2Q 2021)The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: JP¥65.2b (down 10% from 2Q 2021). Net income: JP¥4.32b (down 9.9% from 2Q 2021). Profit margin: 6.6% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
Reported Earnings • Jul 29First quarter 2022 earnings released: EPS JP¥68.64 (vs JP¥74.94 in 1Q 2021)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥67.5b (down 4.4% from 1Q 2021). Net income: JP¥4.94b (down 5.1% from 1Q 2021). Profit margin: 7.3% (down from 7.4% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥351 (vs JP¥287 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¥302.4b (down 4.3% from FY 2020). Net income: JP¥24.5b (up 23% from FY 2020). Profit margin: 8.1% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).
공시 • Mar 21Tokuyama Corporation to Report Fiscal Year 2021 Results on Apr 28, 2021Tokuyama Corporation announced that they will report fiscal year 2021 results on Apr 28, 2021
공시 • Feb 26Tokuyama Corporation Announces Executive Changes, Effective April 1, 2021Tokuyama Corporation announced appointment of Hideo Sugimura and Hiroshi Nomura as representative director from previous role as Director. The company appointed Hideki Adachi as director from Representative Director. The changes are effective April 1, 2021.
Is New 90 Day High Low • Feb 23New 90-day high: €21.20The company is up 18% from its price of €18.00 on 24 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.95 per share.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥134 (vs JP¥110 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¥77.6b (down 7.4% from 3Q 2020). Net income: JP¥9.32b (up 23% from 3Q 2020). Profit margin: 12% (up from 9.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.9% growth forecast for the Chemicals industry in Germany.
공시 • Jan 29Tokuyama Corporation Revises Its Earnings Forecast for the Full Year Ending March 31, 2021Tokuyama Corporation revised its earnings forecast for the full year ending March 31, 2021. For the period, the company revises its basic EPS guidance to JPY 374.34 per share against pervious guidance of JPY 316.75 per share. The company revises its operating profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its ordinary profit guidance to JPY 30,000 million against pervious guidance of JPY 28,000 million. The company revises its profit attributable to owners of parent guidance to JPY 26,000 million against pervious guidance of JPY 22,000 million. The performance forecast for the full fiscal year ending March 31, 2021 has been revised from the previous performance forecast released on October 28, 2020, based on the current performance trend such as upturn in export prices of vinyl chloride monomer and vinyl chloride resin.
Is New 90 Day High Low • Jan 28New 90-day high: €20.80The company is up 11% from its price of €18.70 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €38.39 per share.
공시 • Dec 24Tokuyama Corporation to Report Q3, 2021 Results on Jan 29, 2021Tokuyama Corporation announced that they will report Q3, 2021 results on Jan 29, 2021
Is New 90 Day High Low • Dec 24New 90-day low: €17.40The company is down 17% from its price of €21.00 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €36.56 per share.
Is New 90 Day High Low • Nov 19New 90-day low: €17.60The company is down 10.0% from its price of €19.50 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.54 per share.
Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 1.1% compared to a 3.6% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 11Second quarter 2021 earnings released: EPS JP¥68.95The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥72.7b (down 4.7% from 2Q 2020). Net income: JP¥4.79b (down 14% from 2Q 2020). Profit margin: 6.6% (down from 7.3% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.
Is New 90 Day High Low • Oct 31New 90-day low: €18.70The company is down 4.0% from its price of €19.40 on 31 July 2020. The German market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.15 per share.
Reported Earnings • Oct 30First half earnings releasedOver the last 12 months the company has reported total profits of JP¥19.5b, down 39% from the prior year. Total revenue was JP¥306.6b over the last 12 months, down 5.6% from the prior year.
공시 • Oct 29Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion.Tokuyama Corporation (TSE:4043) entered into a Share Exchange Agreement to acquire the remaining 59.8% stake in A&T Corporation from JEOL Ltd. (TSE:6951), Rakuten Securities, Inc., Kosuke Hatakeyama, Etsuko Yamauchi, Isao Sato and others for ¥6.7 billion on October 28, 2020. Under the terms of the agreement Tokuyama will issue 2.5 million shares based on exchange ratio of 0.68. Post completion of the transaction, A& T will be delisted from JASDAQ and will operate as a wholly owned subsidiary of Tokuyamam. The transaction is subject to approval from A& T's shareholders. The transaction has been unanimously approved by A& T's board of directors. The shareholder's meeting is scheduled to be held on December 22, 2020. A& T established a special committee formed of three people, none of whom has interest in Tokuyama: Jun Mitani, Akira Tori and Ryo Suzuki. The transaction is expected to close on February 1, 2021. The impact of the transaction is expected to be minor on the operating results for each of Tokuyama and A& T. Mori Hamada & Matsumoto LPC acted as legal advisor for Tokuyama. acted as financial advisor for Tokuyama. Anderson Mori & Tomotsune LPC acted as legal advisor for A& T. Mizuho Securities Co., Ltd. acted as financial advisor for A& T.
공시 • Oct 06Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043).Rengo Co., Ltd. (TSE:3941) agreed to acquire an additional 46% stake in SunTox Co., Ltd. from Tokuyama Corporation (TSE:4043) on September 25, 2020. Pre-acquisition, Rengo Co., Ltd. holds 20% stake and Tokuyama Corporation holds 80% stake in SunTox. Post completion, SunTox will operate as a subsidiary of Rengo Co., Ltd. SunTox reported net sales of ¥18 billion as of March 31, 2020. The transaction is subject to the approval pertaining to the Antimonopoly Act from the Japan Fair Trade Commission. The transaction is approved by the Board of Rengo. The transaction is expected to complete on October 1, 2020.
공시 • Sep 26Tokuyama Corporation Announces to Establishment of Joint Venture in Taiwan with Formosa Plastics CorporationTokuyama Corporation announced that at its Board meeting held on September 25, 2020 the decision was taken to establish a joint venture in Taiwan with Formosa Plastics Corporation for the purpose of manufacturing and selling high-purity isopropyl alcohol (IPA) for the electronics industry. With the establishment of this joint venture, the Company will build an integrated production system from propylene as a raw material in Taiwan and, to further expand its high-purity IPA business, establish a production and supply system that immediately responds to the needs of its customers in Taiwan.
공시 • Sep 19Tokuyama Corporation to Report Q2, 2021 Results on Oct 28, 2020Tokuyama Corporation announced that they will report Q2, 2021 results on Oct 28, 2020
공시 • Jun 29Tokuyama Corporation to Report Q1, 2021 Results on Jul 28, 2020Tokuyama Corporation announced that they will report Q1, 2021 results on Jul 28, 2020