View ValuationTosoh 향후 성장Future 기준 점검 2/6Tosoh (는) 각각 연간 19.7% 및 3.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 21.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.2% 로 예상됩니다.핵심 정보19.7%이익 성장률21.64%EPS 성장률Chemicals 이익 성장42.1%매출 성장률3.7%향후 자기자본이익률8.23%애널리스트 커버리지Good마지막 업데이트22 Apr 2026최근 향후 성장 업데이트공지 • Feb 08Tosoh Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of JPY 1,070,000 million against previous guidance of JPY 1,090,000 million; Operating income of JPY 98,000 million against previous guidance of JPY 94,000 million; Profit attributable to owners of the parent of JPY 61,000 million or JPY 191.55 basic per share against previous guidance of JPY 53,000 million JPY 166.44 basic per share. Reason for revisions: Despite the positive impact of yen depreciation beyond the assumed exchange rate and increased sales in the Engineering Group's water treatment business, sales volumes are expected to decline due to the stagnation of the Chinese economy and slower-than-anticipated recovery in semiconductor-related demand. As a result, net sales are projected to fall short of the previous forecast. Operating income is expected to exceed the previous forecast, as the strong performance of the water treatment business and improvements in the difference between inventory receipts and payments more than offset the impact of decreased sales. Furthermore, non-operating income is anticipated to improve due to foreign exchange gains resulting from the weaker yen. Consequently, both ordinary income and profit attributable to owners of parent are expected to surpass the previously forecasted figures.공지 • Nov 05+ 1 more updateTosoh Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of ¥1,090,000 million against previous guidance of ¥1,090,000 million; Operating income of ¥94,000 million against previous guidance of ¥100,000 million; Profit attributable to owners of the parent of ¥53,000 million or ¥166.44 basic per share against previous guidance of ¥59,000 million ¥185.29 basic per share. Though the progressively weaker yen and increased water treatment engineering business sales are forecast to contribute to higher revenue, sales volumes are seen decreasing, owing to sluggishness in the Chinese economy and the semiconductor industry recovering at a slower pace than anticipated. Moreover, the Company anticipates overseas market conditions not meeting expectations, which would result in net sales being in line with the previous forecast. With regard to profit items below operating income, although improvement is foreseen in the water treatment engineering business, ordinary income and profit attributable to owners of parent are expected to fall below the previous forecast on decreased sales volume, sluggish market conditions causing terms of trade to worsen, and a deterioration in the difference between inventory receipts and payments.공지 • Feb 03+ 1 more updateTosoh Corporation Provides Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023Tosoh Corporation provided Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023. For the period, the company expects net sales of ¥1,110,000 million. Operating income to be ¥83,000 million. Profit attributable to owners of the parent to be ¥66,000 million. Basic earnings per share to be ¥207.36.모든 업데이트 보기Recent updates공지 • Nov 07Tosoh Corporation to Report Q3, 2026 Results on Feb 05, 2026Tosoh Corporation announced that they will report Q3, 2026 results on Feb 05, 2026공지 • Aug 05Tosoh Corporation (TSE:4042) announces an Equity Buyback for 17,000,000 shares, representing 5.34% for ¥25,000 million.Tosoh Corporation (TSE:4042) announces a share repurchase program. Under the program, the company will repurchase 17,000,000 shares, representing 5.34% of its share capital, for ¥25,000 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency. The program will run until March 31, 2026. As of July 31, 2025, the company had 318,540,365 shares outstanding (excluding treasury shares) and 6,540,591 shares in treasury.공지 • May 13Tosoh Corporation, Annual General Meeting, Jun 26, 2025Tosoh Corporation, Annual General Meeting, Jun 26, 2025.공지 • Feb 08Tosoh Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of JPY 1,070,000 million against previous guidance of JPY 1,090,000 million; Operating income of JPY 98,000 million against previous guidance of JPY 94,000 million; Profit attributable to owners of the parent of JPY 61,000 million or JPY 191.55 basic per share against previous guidance of JPY 53,000 million JPY 166.44 basic per share. Reason for revisions: Despite the positive impact of yen depreciation beyond the assumed exchange rate and increased sales in the Engineering Group's water treatment business, sales volumes are expected to decline due to the stagnation of the Chinese economy and slower-than-anticipated recovery in semiconductor-related demand. As a result, net sales are projected to fall short of the previous forecast. Operating income is expected to exceed the previous forecast, as the strong performance of the water treatment business and improvements in the difference between inventory receipts and payments more than offset the impact of decreased sales. Furthermore, non-operating income is anticipated to improve due to foreign exchange gains resulting from the weaker yen. Consequently, both ordinary income and profit attributable to owners of parent are expected to surpass the previously forecasted figures.Reported Earnings • Nov 06Second quarter 2025 earnings released: EPS: JP¥27.35 (vs JP¥42.37 in 2Q 2024)Second quarter 2025 results: EPS: JP¥27.35 (down from JP¥42.37 in 2Q 2024). Revenue: JP¥274.8b (up 12% from 2Q 2024). Net income: JP¥8.71b (down 35% from 2Q 2024). Profit margin: 3.2% (down from 5.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공지 • Nov 05+ 1 more updateTosoh Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of ¥1,090,000 million against previous guidance of ¥1,090,000 million; Operating income of ¥94,000 million against previous guidance of ¥100,000 million; Profit attributable to owners of the parent of ¥53,000 million or ¥166.44 basic per share against previous guidance of ¥59,000 million ¥185.29 basic per share. Though the progressively weaker yen and increased water treatment engineering business sales are forecast to contribute to higher revenue, sales volumes are seen decreasing, owing to sluggishness in the Chinese economy and the semiconductor industry recovering at a slower pace than anticipated. Moreover, the Company anticipates overseas market conditions not meeting expectations, which would result in net sales being in line with the previous forecast. With regard to profit items below operating income, although improvement is foreseen in the water treatment engineering business, ordinary income and profit attributable to owners of parent are expected to fall below the previous forecast on decreased sales volume, sluggish market conditions causing terms of trade to worsen, and a deterioration in the difference between inventory receipts and payments.Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (5.1%).Buy Or Sell Opportunity • Aug 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €11.20. The fair value is estimated to be €14.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 30%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.Reported Earnings • Aug 05First quarter 2025 earnings released: EPS: JP¥50.98 (vs JP¥41.56 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.98 (up from JP¥41.56 in 1Q 2024). Revenue: JP¥252.9b (up 5.1% from 1Q 2024). Net income: JP¥16.2b (up 23% from 1Q 2024). Profit margin: 6.4% (up from 5.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 11Final dividend of JP¥42.50 announcedShareholders will receive a dividend of JP¥42.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 366%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥180 (vs JP¥158 in FY 2023)Full year 2024 results: EPS: JP¥180 (up from JP¥158 in FY 2023). Revenue: JP¥1.01t (down 5.5% from FY 2023). Net income: JP¥57.3b (up 14% from FY 2023). Profit margin: 5.7% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥180 (vs JP¥158 in FY 2023)Full year 2024 results: EPS: JP¥180 (up from JP¥158 in FY 2023). Revenue: JP¥1.01t (down 5.5% from FY 2023). Net income: JP¥57.3b (up 14% from FY 2023). Profit margin: 5.7% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 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 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €11.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.83 per share.공지 • May 15Tosoh Corporation, Annual General Meeting, Jun 21, 2024Tosoh Corporation, Annual General Meeting, Jun 21, 2024.공지 • May 10+ 3 more updatesTosoh Corporation to Report Q3, 2025 Results on Feb 06, 2025Tosoh Corporation announced that they will report Q3, 2025 results on Feb 06, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).Reported Earnings • Feb 06Third quarter 2024 earnings released: EPS: JP¥46.02 (vs JP¥13.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥46.02 (up from JP¥13.43 in 3Q 2023). Revenue: JP¥262.2b (down 2.1% from 3Q 2023). Net income: JP¥14.7b (up 243% from 3Q 2023). Profit margin: 5.6% (up from 1.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% 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 16% 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.공지 • Feb 05+ 1 more updateTosoh Corporation Provides Dividend Guidance for Fiscal Year Ending March 31, 2024Tosoh Corporation provided dividend guidance for fiscal year ending March 31, 2024. For the period, the company expects dividend of JPY 40 as compared to JPY 50 a year agi.Reported Earnings • Nov 03Second quarter 2024 earnings released: EPS: JP¥42.37 (vs JP¥42.71 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.37 (down from JP¥42.71 in 2Q 2023). Revenue: JP¥245.0b (down 11% from 2Q 2023). Net income: JP¥13.5b (flat on 2Q 2023). Profit margin: 5.5% (up from 5.0% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.Buying Opportunity • Sep 25Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €15.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).Buying Opportunity • Sep 05Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €15.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is also forecast to grow by 15% per annum over the same time period.Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥41.56 (vs JP¥89.39 in 1Q 2023)First quarter 2024 results: EPS: JP¥41.56 (down from JP¥89.39 in 1Q 2023). Revenue: JP¥240.6b (down 4.6% from 1Q 2023). Net income: JP¥13.2b (down 54% from 1Q 2023). Profit margin: 5.5% (down from 11% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jul 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be €14.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Buying Opportunity • Jun 22Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be €14.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥158 (vs JP¥339 in FY 2022)Full year 2023 results: EPS: JP¥158 (down from JP¥339 in FY 2022). Revenue: JP¥1.06t (up 16% from FY 2022). Net income: JP¥50.3b (down 53% from FY 2022). Profit margin: 4.7% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공지 • May 12Tosoh Corporation, Annual General Meeting, Jun 23, 2023Tosoh Corporation, Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: JP¥13.43 (vs JP¥98.64 in 3Q 2022)Third quarter 2023 results: EPS: JP¥13.43 (down from JP¥98.64 in 3Q 2022). Revenue: JP¥267.9b (up 11% from 3Q 2022). Net income: JP¥4.27b (down 86% from 3Q 2022). Profit margin: 1.6% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average 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 increased by 27% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공지 • Feb 03+ 1 more updateTosoh Corporation Provides Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023Tosoh Corporation provided Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023. For the period, the company expects net sales of ¥1,110,000 million. Operating income to be ¥83,000 million. Profit attributable to owners of the parent to be ¥66,000 million. Basic earnings per share to be ¥207.36.공지 • Dec 07Tosoh Corporation to Report Q3, 2023 Results on Feb 03, 2023Tosoh Corporation announced that they will report Q3, 2023 results on Feb 03, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥42.71 (vs JP¥76.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.71 (down from JP¥76.44 in 2Q 2022). Revenue: JP¥274.3b (up 21% from 2Q 2022). Net income: JP¥13.6b (down 44% from 2Q 2022). Profit margin: 5.0% (down from 11% in 2Q 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, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.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, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Yoshihiro Hombo was the last independent director to join the board, commencing their role in 2020. 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 • Nov 03Second quarter 2023 earnings released: EPS: JP¥42.71 (vs JP¥76.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.71 (down from JP¥76.44 in 2Q 2022). Revenue: JP¥274.3b (up 21% from 2Q 2022). Net income: JP¥13.6b (down 44% from 2Q 2022). Profit margin: 5.0% (down from 11% in 2Q 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, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).공지 • Sep 03Tosoh Corporation to Report Q2, 2023 Results on Nov 01, 2022Tosoh Corporation announced that they will report Q2, 2023 results on Nov 01, 2022Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥89.39 (vs JP¥68.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥89.39 (up from JP¥68.24 in 1Q 2022). Revenue: JP¥252.3b (up 25% from 1Q 2022). Net income: JP¥28.4b (up 31% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 8.0%, compared to a 6.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공지 • Jun 16Tosoh Corporation to Report Q1, 2023 Results on Aug 02, 2022Tosoh Corporation announced that they will report Q1, 2023 results on Aug 02, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥339 (vs JP¥198 in FY 2021)Full year 2022 results: EPS: JP¥339 (up from JP¥198 in FY 2021). Revenue: JP¥918.6b (up 25% from FY 2021). Net income: JP¥107.9b (up 71% from FY 2021). Profit margin: 12% (up from 8.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.6%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공지 • May 14Tosoh Corporation, Annual General Meeting, Jun 24, 2022Tosoh Corporation, Annual General Meeting, Jun 24, 2022.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, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Yoshihiro Hombo was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공지 • Apr 07Tosoh Corporation to Report Fiscal Year 2022 Results on May 12, 2022Tosoh Corporation announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 06 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.8%).Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥98.64 (up from JP¥71.52 in 3Q 2021). Revenue: JP¥241.0b (up 28% from 3Q 2021). Net income: JP¥31.4b (up 38% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 2.7%, compared to a 5.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS JP¥76.44 (vs JP¥42.96 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥227.3b (up 32% from 2Q 2021). Net income: JP¥24.3b (up 78% from 2Q 2021). Profit margin: 11% (up from 8.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥68.24 (vs JP¥6.14 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¥201.2b (up 28% from 1Q 2021). Net income: JP¥21.7b (up JP¥23.7b from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥198 (vs JP¥171 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¥732.9b (down 6.8% from FY 2020). Net income: JP¥63.3b (up 14% from FY 2020). Profit margin: 8.6% (up from 7.1% 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 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Upcoming Dividend • Mar 23Upcoming Dividend of JP¥28.00 Per ShareWill be paid on the 4th of June to those who are registered shareholders by the 30th of March. The trailing yield of 2.5% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (3.6%).공지 • Mar 17Tosoh Corporation to Report Fiscal Year 2021 Results on May 11, 2021Tosoh Corporation announced that they will report fiscal year 2021 results on May 11, 2021Is New 90 Day High Low • Feb 12New 90-day high: €14.60The company is up 10.0% from its price of €13.30 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.00 per share.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥71.52 (vs JP¥59.92 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¥188.2b (down 3.7% from 3Q 2020). Net income: JP¥22.8b (up 17% from 3Q 2020). Profit margin: 12% (up from 10.0% 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 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 7.8%, compared to a 4.9% growth forecast for the Chemicals industry in Germany.Is New 90 Day High Low • Jan 26New 90-day high: €14.50The company is up 7.0% from its price of €13.60 on 27 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.89 per share.Is New 90 Day High Low • Jan 05New 90-day low: €12.10The company is down 12% from its price of €13.80 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.25 per share.Is New 90 Day High Low • Dec 08New 90-day low: €13.20The company is down 3.0% from its price of €13.60 on 09 September 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 €8.32 per share.공지 • Dec 03Tosoh Corporation to Report Q3, 2021 Results on Feb 02, 2021Tosoh Corporation announced that they will report Q3, 2021 results on Feb 02, 2021Reported Earnings • Nov 17Second quarter 2021 earnings released: EPS JP¥42.96The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥171.9b (down 16% from 2Q 2020). Net income: JP¥13.7b (down 22% from 2Q 2020). Profit margin: 8.0% (down from 8.7% 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 24% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 17Revenue beats expectationsRevenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 1.9%, compared to a 3.6% growth forecast for the Chemicals industry in Germany.Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 1.2% at JP¥328.5b. Revenue is forecast to grow 1.1% over the next year, compared to a 2.5% growth forecast for the Chemicals industry in Germany.Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥40.5b, down 36% from the prior year. Total revenue was JP¥718.2b over the last 12 months, down 14% from the prior year.Is New 90 Day High Low • Sep 26New 90-day high: €14.10The company is up 18% from its price of €11.90 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.81 per share.공지 • Sep 06Tosoh Corporation to Report Q2, 2021 Results on Oct 30, 2020Tosoh Corporation announced that they will report Q2, 2021 results on Oct 30, 2020공지 • Jul 05Tosoh Corporation to Report Q1, 2021 Results on Aug 03, 2020Tosoh Corporation announced that they will report Q1, 2021 results on Aug 03, 2020이익 및 매출 성장 예측DB:TOS - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20291,143,25069,50051,300131,90023/31/20281,117,84465,99842,780114,28073/31/20271,072,13760,71946,453115,68783/31/20261,013,88035,33017,640103,323512/31/20251,023,76434,10660,130131,968N/A9/30/20251,034,89840,43842,004114,172N/A6/30/20251,055,64848,29936,438119,718N/A3/31/20251,063,38258,00226,347106,244N/A12/31/20241,053,44764,4829,98990,579N/A9/30/20241,047,58455,54936,898107,899N/A6/30/20241,017,86460,32839,003104,261N/A3/31/20241,005,64057,32458,261116,974N/A12/31/20231,017,67945,388N/AN/AN/A9/30/20231,023,40635,011-5,36276,822N/A6/30/20231,052,68935,119N/AN/AN/A3/31/20231,064,37650,335-95,860-16,239N/A12/31/20221,043,69876,832N/AN/AN/A9/30/20221,016,714103,947-2,26546,112N/A6/30/2022969,704114,673N/AN/AN/A3/31/2022918,580107,93864,133108,615N/A12/31/2021885,675106,208N/AN/AN/A9/30/2021832,89997,59451,048100,026N/A6/30/2021777,52286,971N/AN/AN/A3/31/2021732,85063,27644,95595,106N/A12/31/2020710,94643,800N/AN/AN/A9/30/2020718,19740,49016,76275,569N/A6/30/2020749,80744,454N/AN/AN/A3/31/2020786,08355,55037,52199,923N/A12/31/2019807,48568,012N/AN/AN/A9/30/2019833,34963,234N/A102,057N/A6/30/2019849,88068,062N/AN/AN/A3/31/2019861,45678,133N/A77,511N/A12/31/2018866,67876,176N/AN/AN/A9/30/2018855,65690,155N/A104,938N/A6/30/2018836,79191,489N/AN/AN/A3/31/2018822,85788,795N/A115,429N/A12/31/2017831,56192,794N/AN/AN/A9/30/2017797,55691,095N/A105,687N/A6/30/2017767,36583,602N/AN/AN/A3/31/2017743,02875,664N/A115,715N/A12/31/2016695,38861,285N/AN/AN/A9/30/2016705,45145,172N/A90,228N/A6/30/2016736,03436,776N/AN/AN/A3/31/2016753,73639,675N/A99,884N/A12/31/2015791,67340,072N/AN/AN/A9/30/2015811,14067,948N/A100,351N/A6/30/2015815,38871,532N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: TOS 의 연간 예상 수익 증가율(19.7%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: TOS 의 연간 수익(19.7%)이 German 시장(16.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: TOS 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: TOS 의 수익(연간 3.7%)이 German 시장(연간 6.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: TOS 의 수익(연간 3.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: TOS의 자본 수익률은 3년 후 8.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 03:46종가2026/05/07 00:00수익2025/12/31연간 수익2025/03/31데이터 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 소스Tosoh Corporation는 17명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mikiya YamadaBarclaysTakashi EnomotoBofA Global ResearchYuta NishiyamaCitigroup Inc14명의 분석가 더 보기
공지 • Feb 08Tosoh Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of JPY 1,070,000 million against previous guidance of JPY 1,090,000 million; Operating income of JPY 98,000 million against previous guidance of JPY 94,000 million; Profit attributable to owners of the parent of JPY 61,000 million or JPY 191.55 basic per share against previous guidance of JPY 53,000 million JPY 166.44 basic per share. Reason for revisions: Despite the positive impact of yen depreciation beyond the assumed exchange rate and increased sales in the Engineering Group's water treatment business, sales volumes are expected to decline due to the stagnation of the Chinese economy and slower-than-anticipated recovery in semiconductor-related demand. As a result, net sales are projected to fall short of the previous forecast. Operating income is expected to exceed the previous forecast, as the strong performance of the water treatment business and improvements in the difference between inventory receipts and payments more than offset the impact of decreased sales. Furthermore, non-operating income is anticipated to improve due to foreign exchange gains resulting from the weaker yen. Consequently, both ordinary income and profit attributable to owners of parent are expected to surpass the previously forecasted figures.
공지 • Nov 05+ 1 more updateTosoh Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of ¥1,090,000 million against previous guidance of ¥1,090,000 million; Operating income of ¥94,000 million against previous guidance of ¥100,000 million; Profit attributable to owners of the parent of ¥53,000 million or ¥166.44 basic per share against previous guidance of ¥59,000 million ¥185.29 basic per share. Though the progressively weaker yen and increased water treatment engineering business sales are forecast to contribute to higher revenue, sales volumes are seen decreasing, owing to sluggishness in the Chinese economy and the semiconductor industry recovering at a slower pace than anticipated. Moreover, the Company anticipates overseas market conditions not meeting expectations, which would result in net sales being in line with the previous forecast. With regard to profit items below operating income, although improvement is foreseen in the water treatment engineering business, ordinary income and profit attributable to owners of parent are expected to fall below the previous forecast on decreased sales volume, sluggish market conditions causing terms of trade to worsen, and a deterioration in the difference between inventory receipts and payments.
공지 • Feb 03+ 1 more updateTosoh Corporation Provides Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023Tosoh Corporation provided Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023. For the period, the company expects net sales of ¥1,110,000 million. Operating income to be ¥83,000 million. Profit attributable to owners of the parent to be ¥66,000 million. Basic earnings per share to be ¥207.36.
공지 • Nov 07Tosoh Corporation to Report Q3, 2026 Results on Feb 05, 2026Tosoh Corporation announced that they will report Q3, 2026 results on Feb 05, 2026
공지 • Aug 05Tosoh Corporation (TSE:4042) announces an Equity Buyback for 17,000,000 shares, representing 5.34% for ¥25,000 million.Tosoh Corporation (TSE:4042) announces a share repurchase program. Under the program, the company will repurchase 17,000,000 shares, representing 5.34% of its share capital, for ¥25,000 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency. The program will run until March 31, 2026. As of July 31, 2025, the company had 318,540,365 shares outstanding (excluding treasury shares) and 6,540,591 shares in treasury.
공지 • May 13Tosoh Corporation, Annual General Meeting, Jun 26, 2025Tosoh Corporation, Annual General Meeting, Jun 26, 2025.
공지 • Feb 08Tosoh Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of JPY 1,070,000 million against previous guidance of JPY 1,090,000 million; Operating income of JPY 98,000 million against previous guidance of JPY 94,000 million; Profit attributable to owners of the parent of JPY 61,000 million or JPY 191.55 basic per share against previous guidance of JPY 53,000 million JPY 166.44 basic per share. Reason for revisions: Despite the positive impact of yen depreciation beyond the assumed exchange rate and increased sales in the Engineering Group's water treatment business, sales volumes are expected to decline due to the stagnation of the Chinese economy and slower-than-anticipated recovery in semiconductor-related demand. As a result, net sales are projected to fall short of the previous forecast. Operating income is expected to exceed the previous forecast, as the strong performance of the water treatment business and improvements in the difference between inventory receipts and payments more than offset the impact of decreased sales. Furthermore, non-operating income is anticipated to improve due to foreign exchange gains resulting from the weaker yen. Consequently, both ordinary income and profit attributable to owners of parent are expected to surpass the previously forecasted figures.
Reported Earnings • Nov 06Second quarter 2025 earnings released: EPS: JP¥27.35 (vs JP¥42.37 in 2Q 2024)Second quarter 2025 results: EPS: JP¥27.35 (down from JP¥42.37 in 2Q 2024). Revenue: JP¥274.8b (up 12% from 2Q 2024). Net income: JP¥8.71b (down 35% from 2Q 2024). Profit margin: 3.2% (down from 5.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공지 • Nov 05+ 1 more updateTosoh Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2025Tosoh Corporation revised earnings guidance for the fiscal year ending March 31, 2025. For the period, the company now expects net sales of ¥1,090,000 million against previous guidance of ¥1,090,000 million; Operating income of ¥94,000 million against previous guidance of ¥100,000 million; Profit attributable to owners of the parent of ¥53,000 million or ¥166.44 basic per share against previous guidance of ¥59,000 million ¥185.29 basic per share. Though the progressively weaker yen and increased water treatment engineering business sales are forecast to contribute to higher revenue, sales volumes are seen decreasing, owing to sluggishness in the Chinese economy and the semiconductor industry recovering at a slower pace than anticipated. Moreover, the Company anticipates overseas market conditions not meeting expectations, which would result in net sales being in line with the previous forecast. With regard to profit items below operating income, although improvement is foreseen in the water treatment engineering business, ordinary income and profit attributable to owners of parent are expected to fall below the previous forecast on decreased sales volume, sluggish market conditions causing terms of trade to worsen, and a deterioration in the difference between inventory receipts and payments.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥42.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (5.1%).
Buy Or Sell Opportunity • Aug 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €11.20. The fair value is estimated to be €14.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 30%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.
Reported Earnings • Aug 05First quarter 2025 earnings released: EPS: JP¥50.98 (vs JP¥41.56 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.98 (up from JP¥41.56 in 1Q 2024). Revenue: JP¥252.9b (up 5.1% from 1Q 2024). Net income: JP¥16.2b (up 23% from 1Q 2024). Profit margin: 6.4% (up from 5.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 11Final dividend of JP¥42.50 announcedShareholders will receive a dividend of JP¥42.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 366%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 26Full year 2024 earnings released: EPS: JP¥180 (vs JP¥158 in FY 2023)Full year 2024 results: EPS: JP¥180 (up from JP¥158 in FY 2023). Revenue: JP¥1.01t (down 5.5% from FY 2023). Net income: JP¥57.3b (up 14% from FY 2023). Profit margin: 5.7% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥180 (vs JP¥158 in FY 2023)Full year 2024 results: EPS: JP¥180 (up from JP¥158 in FY 2023). Revenue: JP¥1.01t (down 5.5% from FY 2023). Net income: JP¥57.3b (up 14% from FY 2023). Profit margin: 5.7% (up from 4.7% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 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 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €11.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.83 per share.
공지 • May 15Tosoh Corporation, Annual General Meeting, Jun 21, 2024Tosoh Corporation, Annual General Meeting, Jun 21, 2024.
공지 • May 10+ 3 more updatesTosoh Corporation to Report Q3, 2025 Results on Feb 06, 2025Tosoh Corporation announced that they will report Q3, 2025 results on Feb 06, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).
Reported Earnings • Feb 06Third quarter 2024 earnings released: EPS: JP¥46.02 (vs JP¥13.43 in 3Q 2023)Third quarter 2024 results: EPS: JP¥46.02 (up from JP¥13.43 in 3Q 2023). Revenue: JP¥262.2b (down 2.1% from 3Q 2023). Net income: JP¥14.7b (up 243% from 3Q 2023). Profit margin: 5.6% (up from 1.6% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% 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 16% 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.
공지 • Feb 05+ 1 more updateTosoh Corporation Provides Dividend Guidance for Fiscal Year Ending March 31, 2024Tosoh Corporation provided dividend guidance for fiscal year ending March 31, 2024. For the period, the company expects dividend of JPY 40 as compared to JPY 50 a year agi.
Reported Earnings • Nov 03Second quarter 2024 earnings released: EPS: JP¥42.37 (vs JP¥42.71 in 2Q 2023)Second quarter 2024 results: EPS: JP¥42.37 (down from JP¥42.71 in 2Q 2023). Revenue: JP¥245.0b (down 11% from 2Q 2023). Net income: JP¥13.5b (flat on 2Q 2023). Profit margin: 5.5% (up from 5.0% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
Buying Opportunity • Sep 25Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €15.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥40.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
Buying Opportunity • Sep 05Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €15.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings is also forecast to grow by 15% per annum over the same time period.
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥41.56 (vs JP¥89.39 in 1Q 2023)First quarter 2024 results: EPS: JP¥41.56 (down from JP¥89.39 in 1Q 2023). Revenue: JP¥240.6b (down 4.6% from 1Q 2023). Net income: JP¥13.2b (down 54% from 1Q 2023). Profit margin: 5.5% (down from 11% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jul 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.7%. The fair value is estimated to be €14.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Buying Opportunity • Jun 22Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be €14.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥158 (vs JP¥339 in FY 2022)Full year 2023 results: EPS: JP¥158 (down from JP¥339 in FY 2022). Revenue: JP¥1.06t (up 16% from FY 2022). Net income: JP¥50.3b (down 53% from FY 2022). Profit margin: 4.7% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공지 • May 12Tosoh Corporation, Annual General Meeting, Jun 23, 2023Tosoh Corporation, Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 4.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).
Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: JP¥13.43 (vs JP¥98.64 in 3Q 2022)Third quarter 2023 results: EPS: JP¥13.43 (down from JP¥98.64 in 3Q 2022). Revenue: JP¥267.9b (up 11% from 3Q 2022). Net income: JP¥4.27b (down 86% from 3Q 2022). Profit margin: 1.6% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average 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 increased by 27% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공지 • Feb 03+ 1 more updateTosoh Corporation Provides Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023Tosoh Corporation provided Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2023. For the period, the company expects net sales of ¥1,110,000 million. Operating income to be ¥83,000 million. Profit attributable to owners of the parent to be ¥66,000 million. Basic earnings per share to be ¥207.36.
공지 • Dec 07Tosoh Corporation to Report Q3, 2023 Results on Feb 03, 2023Tosoh Corporation announced that they will report Q3, 2023 results on Feb 03, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥42.71 (vs JP¥76.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.71 (down from JP¥76.44 in 2Q 2022). Revenue: JP¥274.3b (up 21% from 2Q 2022). Net income: JP¥13.6b (down 44% from 2Q 2022). Profit margin: 5.0% (down from 11% in 2Q 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, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
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, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Yoshihiro Hombo was the last independent director to join the board, commencing their role in 2020. 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 • Nov 03Second quarter 2023 earnings released: EPS: JP¥42.71 (vs JP¥76.44 in 2Q 2022)Second quarter 2023 results: EPS: JP¥42.71 (down from JP¥76.44 in 2Q 2022). Revenue: JP¥274.3b (up 21% from 2Q 2022). Net income: JP¥13.6b (down 44% from 2Q 2022). Profit margin: 5.0% (down from 11% in 2Q 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, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).
공지 • Sep 03Tosoh Corporation to Report Q2, 2023 Results on Nov 01, 2022Tosoh Corporation announced that they will report Q2, 2023 results on Nov 01, 2022
Reported Earnings • Aug 03First quarter 2023 earnings released: EPS: JP¥89.39 (vs JP¥68.24 in 1Q 2022)First quarter 2023 results: EPS: JP¥89.39 (up from JP¥68.24 in 1Q 2022). Revenue: JP¥252.3b (up 25% from 1Q 2022). Net income: JP¥28.4b (up 31% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 8.0%, compared to a 6.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공지 • Jun 16Tosoh Corporation to Report Q1, 2023 Results on Aug 02, 2022Tosoh Corporation announced that they will report Q1, 2023 results on Aug 02, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥339 (vs JP¥198 in FY 2021)Full year 2022 results: EPS: JP¥339 (up from JP¥198 in FY 2021). Revenue: JP¥918.6b (up 25% from FY 2021). Net income: JP¥107.9b (up 71% from FY 2021). Profit margin: 12% (up from 8.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.6%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공지 • May 14Tosoh Corporation, Annual General Meeting, Jun 24, 2022Tosoh Corporation, Annual General Meeting, Jun 24, 2022.
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, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Yoshihiro Hombo was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공지 • Apr 07Tosoh Corporation to Report Fiscal Year 2022 Results on May 12, 2022Tosoh Corporation announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 06 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.8%).
Reported Earnings • Feb 04Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥98.64 (up from JP¥71.52 in 3Q 2021). Revenue: JP¥241.0b (up 28% from 3Q 2021). Net income: JP¥31.4b (up 38% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 2.7%, compared to a 5.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS JP¥76.44 (vs JP¥42.96 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥227.3b (up 32% from 2Q 2021). Net income: JP¥24.3b (up 78% from 2Q 2021). Profit margin: 11% (up from 8.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥68.24 (vs JP¥6.14 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¥201.2b (up 28% from 1Q 2021). Net income: JP¥21.7b (up JP¥23.7b from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥198 (vs JP¥171 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¥732.9b (down 6.8% from FY 2020). Net income: JP¥63.3b (up 14% from FY 2020). Profit margin: 8.6% (up from 7.1% 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 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Upcoming Dividend • Mar 23Upcoming Dividend of JP¥28.00 Per ShareWill be paid on the 4th of June to those who are registered shareholders by the 30th of March. The trailing yield of 2.5% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (3.6%).
공지 • Mar 17Tosoh Corporation to Report Fiscal Year 2021 Results on May 11, 2021Tosoh Corporation announced that they will report fiscal year 2021 results on May 11, 2021
Is New 90 Day High Low • Feb 12New 90-day high: €14.60The company is up 10.0% from its price of €13.30 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.00 per share.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥71.52 (vs JP¥59.92 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¥188.2b (down 3.7% from 3Q 2020). Net income: JP¥22.8b (up 17% from 3Q 2020). Profit margin: 12% (up from 10.0% 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 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 7.8%, compared to a 4.9% growth forecast for the Chemicals industry in Germany.
Is New 90 Day High Low • Jan 26New 90-day high: €14.50The company is up 7.0% from its price of €13.60 on 27 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.89 per share.
Is New 90 Day High Low • Jan 05New 90-day low: €12.10The company is down 12% from its price of €13.80 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.25 per share.
Is New 90 Day High Low • Dec 08New 90-day low: €13.20The company is down 3.0% from its price of €13.60 on 09 September 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 €8.32 per share.
공지 • Dec 03Tosoh Corporation to Report Q3, 2021 Results on Feb 02, 2021Tosoh Corporation announced that they will report Q3, 2021 results on Feb 02, 2021
Reported Earnings • Nov 17Second quarter 2021 earnings released: EPS JP¥42.96The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥171.9b (down 16% from 2Q 2020). Net income: JP¥13.7b (down 22% from 2Q 2020). Profit margin: 8.0% (down from 8.7% 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 24% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 17Revenue beats expectationsRevenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 1.9%, compared to a 3.6% growth forecast for the Chemicals industry in Germany.
Analyst Estimate Surprise Post Earnings • Nov 01Semi-annual earnings released: Revenue beats expectationsSemi-annual revenue exceeded analyst estimates by 1.2% at JP¥328.5b. Revenue is forecast to grow 1.1% over the next year, compared to a 2.5% growth forecast for the Chemicals industry in Germany.
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥40.5b, down 36% from the prior year. Total revenue was JP¥718.2b over the last 12 months, down 14% from the prior year.
Is New 90 Day High Low • Sep 26New 90-day high: €14.10The company is up 18% from its price of €11.90 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.81 per share.
공지 • Sep 06Tosoh Corporation to Report Q2, 2021 Results on Oct 30, 2020Tosoh Corporation announced that they will report Q2, 2021 results on Oct 30, 2020
공지 • Jul 05Tosoh Corporation to Report Q1, 2021 Results on Aug 03, 2020Tosoh Corporation announced that they will report Q1, 2021 results on Aug 03, 2020