View ValuationTokyo Rope Mfg 향후 성장Future 기준 점검 1/6Tokyo Rope Mfg은 연간 수입과 매출이 각각 2.1%와 4% 증가할 것으로 예상되고 EPS는 연간 2.4%만큼 증가할 것으로 예상됩니다.핵심 정보2.1%이익 성장률2.42%EPS 성장률Metals and Mining 이익 성장11.3%매출 성장률4.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트21 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates분석 기사 • May 21The Strong Earnings Posted By Tokyo Rope Mfg (TSE:5981) Are A Good Indication Of The Strength Of The BusinessTokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) just reported healthy earnings but the stock price didn't move much. Our...Reported Earnings • May 18Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥224 (up from JP¥206 in FY 2025). Revenue: JP¥64.1b (up 2.0% from FY 2025). Net income: JP¥3.48b (up 7.2% from FY 2025). Profit margin: 5.4% (up from 5.2% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.공고 • May 14Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2026Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2026.공고 • May 10+ 3 more updatesTokyo Rope Mfg. Co., Ltd. to Report Q3, 2027 Results on Feb 12, 2027Tokyo Rope Mfg. Co., Ltd. announced that they will report Q3, 2027 results on Feb 12, 2027Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥72.36 (vs JP¥41.54 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.36 (up from JP¥41.54 in 3Q 2025). Revenue: JP¥16.2b (down 1.8% from 3Q 2025). Net income: JP¥1.13b (up 72% from 3Q 2025). Profit margin: 6.9% (up from 4.0% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Dec 10First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 4.4%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.New Risk • Nov 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (93% cash payout ratio).Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥67.51 (vs JP¥28.96 in 2Q 2025)Second quarter 2026 results: EPS: JP¥67.51 (up from JP¥28.96 in 2Q 2025). Revenue: JP¥15.9b (up 7.2% from 2Q 2025). Net income: JP¥1.05b (up 130% from 2Q 2025). Profit margin: 6.6% (up from 3.1% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.공고 • Nov 13Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 200,000 shares, representing 1.27% for ¥300 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.27% of the outstanding shares, for ¥300 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, to provide returns to shareholders necessary to achieve the consolidated total return ratio of 40% or more (as outlined in the current Mid-Term Management Plan, "TCTRX"), and to execute investments in human capital for the sustainable growth of company. The program is valid till March 31, 2026. As of October 31, 2025, the company had 15,732,626 shares outstanding (excluding treasury stock) and 535,616 share in treasury.Reported Earnings • Aug 13First quarter 2026 earnings released: EPS: JP¥43.16 (vs JP¥50.16 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.16 (down from JP¥50.16 in 1Q 2025). Revenue: JP¥14.4b (down 3.3% from 1Q 2025). Net income: JP¥673.0m (down 15% from 1Q 2025). Profit margin: 4.7% (down from 5.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.공고 • Jul 02+ 2 more updatesTokyo Rope Mfg. Co., Ltd. to Report Q1, 2026 Results on Aug 12, 2025Tokyo Rope Mfg. Co., Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥206 (up from JP¥128 in FY 2024). Revenue: JP¥62.9b (down 2.1% from FY 2024). Net income: JP¥3.25b (up 59% from FY 2024). Profit margin: 5.2% (up from 3.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year.공고 • May 13Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2025Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 33% and the cash payout ratio is 97%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).분석 기사 • Mar 01Tokyo Rope Mfg (TSE:5981) Has Announced That It Will Be Increasing Its Dividend To ¥60.00Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend from last year's comparable payment on the 12th of...공고 • Feb 28Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥41.54 (vs JP¥63.63 in 3Q 2024)Third quarter 2025 results: EPS: JP¥41.54 (down from JP¥63.63 in 3Q 2024). Revenue: JP¥16.5b (down 5.4% from 3Q 2024). Net income: JP¥657.0m (down 35% from 3Q 2024). Profit margin: 4.0% (down from 5.8% in 3Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Dec 16Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥60.00Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend from last year's comparable payment on the 12th of...분석 기사 • Nov 20Tokyo Rope Mfg's (TSE:5981) Conservative Accounting Might Explain Soft EarningsThe market was pleased with the recent earnings report from Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ), despite the profit...Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥28.96 (vs JP¥20.64 in 2Q 2024)Second quarter 2025 results: EPS: JP¥28.96 (up from JP¥20.64 in 2Q 2024). Revenue: JP¥14.9b (flat on 2Q 2024). Net income: JP¥458.0m (up 39% from 2Q 2024). Profit margin: 3.1% (up from 2.2% in 2Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year.분석 기사 • Nov 14Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last YearTokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend on the 12th of June to ¥60.00, which is 50% higher...Declared Dividend • Nov 14Dividend increased to JP¥60.00Dividend of JP¥60.00 is 50% higher than last year. Ex-date: 28th March 2025 Payment date: 12th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Nov 12Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 250,000 shares, representing 1.57% for ¥300 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.57% of the outstanding shares, for ¥300 million. The purpose of the program is to increase the value of each share, implement flexible capital policies in response to changes in the business environment, and provide value to our shareholders to achieve further profit return. The program is valid till March 31, 2025. As of October 31, 2024, the company had 15,951,635 shares outstanding (excluding treasury stock) and 316,607 share in treasury.Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥50.16 (vs JP¥43.17 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.16 (up from JP¥43.17 in 1Q 2024). Revenue: JP¥14.9b (down 4.4% from 1Q 2024). Net income: JP¥793.0m (up 15% from 1Q 2024). Profit margin: 5.3% (up from 4.4% in 1Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. 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 4% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 06Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%The Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) share price has fared very poorly over the last month, falling by a...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥956, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total loss to shareholders of 3.2% over the past three years.공고 • Aug 02+ 1 more updateTokyo Rope Mfg. Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024공고 • Jul 11Tokyo Rope Mfg. Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024분석 기사 • May 21We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster EarningsInvestors were disappointed with the weak earnings posted by Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ). While the headline...Reported Earnings • May 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥128 (down from JP¥235 in FY 2023). Revenue: JP¥64.2b (down 4.3% from FY 2023). Net income: JP¥2.04b (down 46% from FY 2023). Profit margin: 3.2% (down from 5.6% in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공고 • May 15Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024.분석 기사 • Mar 25Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last YearTokyo Rope Mfg. Co., Ltd.'s ( TSE:5981 ) dividend will be increasing from last year's payment of the same period to...공고 • Mar 23Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%).분석 기사 • Feb 27Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend from last year's comparable payment on the 12th of...Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥63.62 (vs JP¥44.00 in 3Q 2023)Third quarter 2024 results: EPS: JP¥63.62 (up from JP¥44.00 in 3Q 2023). Revenue: JP¥17.5b (down 2.7% from 3Q 2023). Net income: JP¥1.02b (up 43% from 3Q 2023). Profit margin: 5.8% (up from 4.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공고 • Dec 26Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 150,000 shares, representing 0.93% for ¥200 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.93% of the outstanding shares, for ¥200 million. The purpose of the program is to improve the value per share, implement flexible capital policies in response to changes in the business environment, and further return profits to our shareholders. The program is valid till May 31, 2024. As of November 30, 2023, the company had 16,082,836 shares outstanding (excluding treasury stock) and 185,406 share in treasury.공고 • Nov 30Tokyo Rope Mfg. Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: JP¥20.64 (vs JP¥29.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.64 (down from JP¥29.51 in 2Q 2023). Revenue: JP¥15.0b (down 8.0% from 2Q 2023). Net income: JP¥329.0m (down 31% from 2Q 2023). Profit margin: 2.2% (down from 2.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).공고 • Sep 29Tokyo Rope Mfg. Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Tokyo Rope Mfg. Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥43.17 (vs JP¥46.27 in 1Q 2023)First quarter 2024 results: EPS: JP¥43.17 (down from JP¥46.27 in 1Q 2023). Revenue: JP¥15.6b (down 2.1% from 1Q 2023). Net income: JP¥688.0m (down 7.8% from 1Q 2023). Profit margin: 4.4% (down from 4.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥235 (up from JP¥81.04 in FY 2022). Revenue: JP¥67.1b (up 5.3% from FY 2022). Net income: JP¥3.78b (up 190% from FY 2022). Profit margin: 5.6% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.공고 • May 14Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2023Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥44.00 (vs JP¥4.96 in 3Q 2022)Third quarter 2023 results: EPS: JP¥44.00 (up from JP¥4.96 in 3Q 2022). Revenue: JP¥18.0b (up 9.8% from 3Q 2022). Net income: JP¥710.0m (up JP¥630.0m from 3Q 2022). Profit margin: 4.0% (up from 0.5% in 3Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공고 • Dec 24Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 200,000 shares, representing 1.23% for ¥300 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.23% of the outstanding shares, for ¥300 million. The purpose of the program is to improve the value per share, implement a flexible capital policy in response to changes in the business environment, and further return profits to our shareholders. The program is valid till May 31, 2023. As of November 30, 2022, the company had 16,268,242 shares outstanding (excluding treasury stock) and 734 share in treasury.Board Change • Nov 16High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. Outside Audit & Supervisory Board Member Tsuyoshi Odagi is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥29.51 (vs JP¥23.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥29.51 (up from JP¥23.84 in 2Q 2022). Revenue: JP¥16.3b (up 6.8% from 2Q 2022). Net income: JP¥476.0m (up 24% from 2Q 2022). Profit margin: 2.9% (up from 2.5% in 2Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥46.27 (vs JP¥9.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥46.27 (up from JP¥9.56 in 1Q 2022). Revenue: JP¥15.9b (up 13% from 1Q 2022). Net income: JP¥746.0m (up 384% from 1Q 2022). Profit margin: 4.7% (up from 1.1% in 1Q 2022). Over the next year, revenue is forecast to grow 2.8%, compared to a 2,013% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥81.04 (up from JP¥25.33 in FY 2021). Revenue: JP¥63.8b (up 7.8% from FY 2021). Net income: JP¥1.31b (up 220% from FY 2021). Profit margin: 2.0% (up from 0.7% in FY 2021). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Over the next year, revenue is forecast to grow 1.9%, compared to a 4.4% growth forecast for the mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공고 • May 14Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2022Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2022.Board Change • Apr 27High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. Outside Audit & Supervisory Board Member Tsuyoshi Odagi is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공고 • Apr 08Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: JP¥4.96 (down from JP¥11.73 in 3Q 2021). Revenue: JP¥16.4b (up 7.7% from 3Q 2021). Net income: JP¥80.0m (down 58% from 3Q 2021). Profit margin: 0.5% (down from 1.2% in 3Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 1.5% compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥23.84 (vs JP¥13.90 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥15.2b (up 16% from 2Q 2021). Net income: JP¥384.0m (up JP¥608.0m from 2Q 2021). Profit margin: 2.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher 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 8% per year, which means it has not declined as severely as earnings.Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥25.33 (vs JP¥151 loss 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¥59.2b (down 6.2% from FY 2020). Net income: JP¥408.0m (up JP¥2.84b from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.공고 • Mar 04Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥11.73 (vs JP¥17.94 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥15.2b (down 1.5% from 3Q 2020). Net income: JP¥189.0m (down 35% from 3Q 2020). Profit margin: 1.2% (down from 1.9% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.6%, compared to a 7.3% growth forecast for the Metals and Mining industry in Japan.Is New 90 Day High Low • Feb 05New 90-day high: JP¥1,490The company is up 199% from its price of JP¥499 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period.Is New 90 Day High Low • Jan 14New 90-day high: JP¥1,006The company is up 96% from its price of JP¥512 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 29% over the same period.Is New 90 Day High Low • Dec 01New 90-day high: JP¥780The company is up 54% from its price of JP¥508 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period.공고 • Sep 21Tokyo Rope Manufacturing Co., Ltd.(TSE:5981) dropped from S&P Global BMI IndexTokyo Rope Manufacturing Co., Ltd.(TSE:5981) dropped from S&P Global BMI Index공고 • Jul 05+ 2 more updatesTokyo Rope Manufacturing Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020Tokyo Rope Manufacturing Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020공고 • Jun 29Dalian Koushin Enterprise Group Co., Ltd. agreed to acquire Tokyo Rope International Inc. from Tokyo Rope Manufacturing Co., Ltd. (TSE:5981).Dalian Koushin Enterprise Group Co., Ltd. agreed to acquire Tokyo Rope International Inc. from Tokyo Rope Manufacturing Co., Ltd. (TSE:5981) on June 26, 2020. Under the terms of the transaction, Dalian Koushin Enterprise Group Co., Ltd. will acquire 17,450 shares in Tokyo Rope International Inc. Upon completion, Tokyo Rope Manufacturing Co., Ltd. will own 0 shares in Tokyo Rope International Inc. For the year ended March 2020, Tokyo Rope International Inc. reported total assets of ¥1.6 billion and net assets of ¥1.6 billion. The transaction was resolved by the Board of Tokyo Rope Manufacturing Co., Ltd. The transaction is expected to close on July 31, 2020. The impact of the transfer of the subsidiary on our consolidated business results is currently under scrutiny.이익 및 매출 성장 예측TSE:5981 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/202972,5003,700N/A5,45013/31/202870,3003,500N/A5,25013/31/202768,0003,400N/A4,38813/31/202664,0943,4813,0985,385N/A12/31/202563,1464,194N/AN/AN/A9/30/202563,4393,7221,0763,115N/A6/30/202562,3683,127N/AN/AN/A3/31/202562,8673,2475602,416N/A12/31/202462,5061,916N/AN/AN/A9/30/202463,4412,2749662,383N/A6/30/202463,5502,145N/AN/AN/A3/31/202464,2312,0402,1123,432N/A12/31/202365,0173,883N/AN/AN/A9/30/202365,4993,5783,5904,861N/A6/30/202366,8073,725N/AN/AN/A3/31/202367,1353,7831,5533,126N/A12/31/202268,3002,620N/AN/AN/A9/30/202266,6951,990-1991,399N/A6/30/202265,6511,898N/AN/AN/A3/31/202263,7801,3066011,915N/A12/31/202164,0601,586N/AN/AN/A9/30/202162,8941,6952,5343,601N/A6/30/202160,7621,087N/AN/AN/A3/31/202159,1834081,2062,834N/A12/31/202057,471-2,792N/AN/AN/A9/30/202057,699-2,692-1,637816N/A6/30/202060,884-2,862N/AN/AN/A3/31/202063,090-2,434-2,058559N/A12/31/201963,781153N/AN/AN/A9/30/201965,1833N/A2,079N/A6/30/201964,337111N/AN/AN/A3/31/201963,967153N/A3,247N/A12/31/201864,3111,048N/AN/AN/A9/30/201863,8521,438N/A3,619N/A6/30/201863,5862,141N/AN/AN/A3/31/201863,5372,523N/A4,202N/A12/31/201763,5091,353N/AN/AN/A9/30/201762,3001,816N/A4,696N/A6/30/201765,0772,065N/AN/AN/A3/31/201764,9931,882N/A3,491N/A12/31/201664,6993,204N/AN/AN/A9/30/201666,3862,868N/A1,984N/A6/30/201664,7752,534N/AN/AN/A3/31/201665,2812,643N/A4,240N/A12/31/201567,6531,540N/AN/AN/A9/30/201570,2452,491N/A6,056N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5981 의 연간 예상 수익 증가율(2.1%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 5981 의 연간 수익(2.1%)이 JP 시장(10%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 5981 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 5981 의 수익(연간 4%)이 JP 시장(연간 6.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 5981 의 수익(연간 4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5981의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/15 23:00종가2026/07/15 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tokyo Rope Mfg. Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yoko MizoguchiIchiyoshi Research Institute Inc.Yoshiyuki TakanoTokai Tokyo Intelligence Laboratory Co., Ltd.
분석 기사 • May 21The Strong Earnings Posted By Tokyo Rope Mfg (TSE:5981) Are A Good Indication Of The Strength Of The BusinessTokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) just reported healthy earnings but the stock price didn't move much. Our...
Reported Earnings • May 18Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥224 (up from JP¥206 in FY 2025). Revenue: JP¥64.1b (up 2.0% from FY 2025). Net income: JP¥3.48b (up 7.2% from FY 2025). Profit margin: 5.4% (up from 5.2% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
공고 • May 14Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2026Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 26, 2026.
공고 • May 10+ 3 more updatesTokyo Rope Mfg. Co., Ltd. to Report Q3, 2027 Results on Feb 12, 2027Tokyo Rope Mfg. Co., Ltd. announced that they will report Q3, 2027 results on Feb 12, 2027
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥72.36 (vs JP¥41.54 in 3Q 2025)Third quarter 2026 results: EPS: JP¥72.36 (up from JP¥41.54 in 3Q 2025). Revenue: JP¥16.2b (down 1.8% from 3Q 2025). Net income: JP¥1.13b (up 72% from 3Q 2025). Profit margin: 6.9% (up from 4.0% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Dec 10First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 30th March 2026 Payment date: 12th June 2026 Dividend yield will be 4.4%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
New Risk • Nov 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (93% cash payout ratio).
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥67.51 (vs JP¥28.96 in 2Q 2025)Second quarter 2026 results: EPS: JP¥67.51 (up from JP¥28.96 in 2Q 2025). Revenue: JP¥15.9b (up 7.2% from 2Q 2025). Net income: JP¥1.05b (up 130% from 2Q 2025). Profit margin: 6.6% (up from 3.1% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Nov 13Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 200,000 shares, representing 1.27% for ¥300 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.27% of the outstanding shares, for ¥300 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, to provide returns to shareholders necessary to achieve the consolidated total return ratio of 40% or more (as outlined in the current Mid-Term Management Plan, "TCTRX"), and to execute investments in human capital for the sustainable growth of company. The program is valid till March 31, 2026. As of October 31, 2025, the company had 15,732,626 shares outstanding (excluding treasury stock) and 535,616 share in treasury.
Reported Earnings • Aug 13First quarter 2026 earnings released: EPS: JP¥43.16 (vs JP¥50.16 in 1Q 2025)First quarter 2026 results: EPS: JP¥43.16 (down from JP¥50.16 in 1Q 2025). Revenue: JP¥14.4b (down 3.3% from 1Q 2025). Net income: JP¥673.0m (down 15% from 1Q 2025). Profit margin: 4.7% (down from 5.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Jul 02+ 2 more updatesTokyo Rope Mfg. Co., Ltd. to Report Q1, 2026 Results on Aug 12, 2025Tokyo Rope Mfg. Co., Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025
Reported Earnings • May 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥206 (up from JP¥128 in FY 2024). Revenue: JP¥62.9b (down 2.1% from FY 2024). Net income: JP¥3.25b (up 59% from FY 2024). Profit margin: 5.2% (up from 3.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year.
공고 • May 13Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2025Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 33% and the cash payout ratio is 97%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (4.1%).
분석 기사 • Mar 01Tokyo Rope Mfg (TSE:5981) Has Announced That It Will Be Increasing Its Dividend To ¥60.00Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend from last year's comparable payment on the 12th of...
공고 • Feb 28Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥41.54 (vs JP¥63.63 in 3Q 2024)Third quarter 2025 results: EPS: JP¥41.54 (down from JP¥63.63 in 3Q 2024). Revenue: JP¥16.5b (down 5.4% from 3Q 2024). Net income: JP¥657.0m (down 35% from 3Q 2024). Profit margin: 4.0% (down from 5.8% in 3Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Dec 16Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥60.00Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend from last year's comparable payment on the 12th of...
분석 기사 • Nov 20Tokyo Rope Mfg's (TSE:5981) Conservative Accounting Might Explain Soft EarningsThe market was pleased with the recent earnings report from Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ), despite the profit...
Reported Earnings • Nov 15Second quarter 2025 earnings released: EPS: JP¥28.96 (vs JP¥20.64 in 2Q 2024)Second quarter 2025 results: EPS: JP¥28.96 (up from JP¥20.64 in 2Q 2024). Revenue: JP¥14.9b (flat on 2Q 2024). Net income: JP¥458.0m (up 39% from 2Q 2024). Profit margin: 3.1% (up from 2.2% in 2Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year.
분석 기사 • Nov 14Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last YearTokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend on the 12th of June to ¥60.00, which is 50% higher...
Declared Dividend • Nov 14Dividend increased to JP¥60.00Dividend of JP¥60.00 is 50% higher than last year. Ex-date: 28th March 2025 Payment date: 12th June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Nov 12Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 250,000 shares, representing 1.57% for ¥300 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.57% of the outstanding shares, for ¥300 million. The purpose of the program is to increase the value of each share, implement flexible capital policies in response to changes in the business environment, and provide value to our shareholders to achieve further profit return. The program is valid till March 31, 2025. As of October 31, 2024, the company had 15,951,635 shares outstanding (excluding treasury stock) and 316,607 share in treasury.
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥50.16 (vs JP¥43.17 in 1Q 2024)First quarter 2025 results: EPS: JP¥50.16 (up from JP¥43.17 in 1Q 2024). Revenue: JP¥14.9b (down 4.4% from 1Q 2024). Net income: JP¥793.0m (up 15% from 1Q 2024). Profit margin: 5.3% (up from 4.4% in 1Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. 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 4% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 06Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%The Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) share price has fared very poorly over the last month, falling by a...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to JP¥956, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Japan. Total loss to shareholders of 3.2% over the past three years.
공고 • Aug 02+ 1 more updateTokyo Rope Mfg. Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024
공고 • Jul 11Tokyo Rope Mfg. Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024
분석 기사 • May 21We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster EarningsInvestors were disappointed with the weak earnings posted by Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ). While the headline...
Reported Earnings • May 16Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥128 (down from JP¥235 in FY 2023). Revenue: JP¥64.2b (down 4.3% from FY 2023). Net income: JP¥2.04b (down 46% from FY 2023). Profit margin: 3.2% (down from 5.6% in FY 2023). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공고 • May 15Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 27, 2024.
분석 기사 • Mar 25Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last YearTokyo Rope Mfg. Co., Ltd.'s ( TSE:5981 ) dividend will be increasing from last year's payment of the same period to...
공고 • Mar 23Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 12 June 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.5%).
분석 기사 • Feb 27Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00Tokyo Rope Mfg. Co., Ltd. ( TSE:5981 ) will increase its dividend from last year's comparable payment on the 12th of...
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥63.62 (vs JP¥44.00 in 3Q 2023)Third quarter 2024 results: EPS: JP¥63.62 (up from JP¥44.00 in 3Q 2023). Revenue: JP¥17.5b (down 2.7% from 3Q 2023). Net income: JP¥1.02b (up 43% from 3Q 2023). Profit margin: 5.8% (up from 4.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공고 • Dec 26Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 150,000 shares, representing 0.93% for ¥200 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.93% of the outstanding shares, for ¥200 million. The purpose of the program is to improve the value per share, implement flexible capital policies in response to changes in the business environment, and further return profits to our shareholders. The program is valid till May 31, 2024. As of November 30, 2023, the company had 16,082,836 shares outstanding (excluding treasury stock) and 185,406 share in treasury.
공고 • Nov 30Tokyo Rope Mfg. Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Tokyo Rope Mfg. Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: JP¥20.64 (vs JP¥29.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.64 (down from JP¥29.51 in 2Q 2023). Revenue: JP¥15.0b (down 8.0% from 2Q 2023). Net income: JP¥329.0m (down 31% from 2Q 2023). Profit margin: 2.2% (down from 2.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).
공고 • Sep 29Tokyo Rope Mfg. Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Tokyo Rope Mfg. Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥43.17 (vs JP¥46.27 in 1Q 2023)First quarter 2024 results: EPS: JP¥43.17 (down from JP¥46.27 in 1Q 2023). Revenue: JP¥15.6b (down 2.1% from 1Q 2023). Net income: JP¥688.0m (down 7.8% from 1Q 2023). Profit margin: 4.4% (down from 4.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥235 (up from JP¥81.04 in FY 2022). Revenue: JP¥67.1b (up 5.3% from FY 2022). Net income: JP¥3.78b (up 190% from FY 2022). Profit margin: 5.6% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
공고 • May 14Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2023Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 2.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.6%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥44.00 (vs JP¥4.96 in 3Q 2022)Third quarter 2023 results: EPS: JP¥44.00 (up from JP¥4.96 in 3Q 2022). Revenue: JP¥18.0b (up 9.8% from 3Q 2022). Net income: JP¥710.0m (up JP¥630.0m from 3Q 2022). Profit margin: 4.0% (up from 0.5% in 3Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공고 • Dec 24Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces an Equity Buyback for 200,000 shares, representing 1.23% for ¥300 million.Tokyo Rope Mfg. Co., Ltd. (TSE:5981) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.23% of the outstanding shares, for ¥300 million. The purpose of the program is to improve the value per share, implement a flexible capital policy in response to changes in the business environment, and further return profits to our shareholders. The program is valid till May 31, 2023. As of November 30, 2022, the company had 16,268,242 shares outstanding (excluding treasury stock) and 734 share in treasury.
Board Change • Nov 16High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. Outside Audit & Supervisory Board Member Tsuyoshi Odagi is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥29.51 (vs JP¥23.84 in 2Q 2022)Second quarter 2023 results: EPS: JP¥29.51 (up from JP¥23.84 in 2Q 2022). Revenue: JP¥16.3b (up 6.8% from 2Q 2022). Net income: JP¥476.0m (up 24% from 2Q 2022). Profit margin: 2.9% (up from 2.5% in 2Q 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥46.27 (vs JP¥9.56 in 1Q 2022)First quarter 2023 results: EPS: JP¥46.27 (up from JP¥9.56 in 1Q 2022). Revenue: JP¥15.9b (up 13% from 1Q 2022). Net income: JP¥746.0m (up 384% from 1Q 2022). Profit margin: 4.7% (up from 1.1% in 1Q 2022). Over the next year, revenue is forecast to grow 2.8%, compared to a 2,013% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: JP¥81.04 (up from JP¥25.33 in FY 2021). Revenue: JP¥63.8b (up 7.8% from FY 2021). Net income: JP¥1.31b (up 220% from FY 2021). Profit margin: 2.0% (up from 0.7% in FY 2021). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Over the next year, revenue is forecast to grow 1.9%, compared to a 4.4% growth forecast for the mining industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공고 • May 14Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2022Tokyo Rope Mfg. Co., Ltd., Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. Outside Audit & Supervisory Board Member Tsuyoshi Odagi is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공고 • Apr 08Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2022 Results on May 12, 2022Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2022 results on May 12, 2022
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: JP¥4.96 (down from JP¥11.73 in 3Q 2021). Revenue: JP¥16.4b (up 7.7% from 3Q 2021). Net income: JP¥80.0m (down 58% from 3Q 2021). Profit margin: 0.5% (down from 1.2% in 3Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 1.5% compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Second quarter 2022 earnings released: EPS JP¥23.84 (vs JP¥13.90 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥15.2b (up 16% from 2Q 2021). Net income: JP¥384.0m (up JP¥608.0m from 2Q 2021). Profit margin: 2.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher 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 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥25.33 (vs JP¥151 loss 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¥59.2b (down 6.2% from FY 2020). Net income: JP¥408.0m (up JP¥2.84b from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
공고 • Mar 04Tokyo Rope Mfg. Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Tokyo Rope Mfg. Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥11.73 (vs JP¥17.94 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥15.2b (down 1.5% from 3Q 2020). Net income: JP¥189.0m (down 35% from 3Q 2020). Profit margin: 1.2% (down from 1.9% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.6%, compared to a 7.3% growth forecast for the Metals and Mining industry in Japan.
Is New 90 Day High Low • Feb 05New 90-day high: JP¥1,490The company is up 199% from its price of JP¥499 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period.
Is New 90 Day High Low • Jan 14New 90-day high: JP¥1,006The company is up 96% from its price of JP¥512 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 29% over the same period.
Is New 90 Day High Low • Dec 01New 90-day high: JP¥780The company is up 54% from its price of JP¥508 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period.
공고 • Sep 21Tokyo Rope Manufacturing Co., Ltd.(TSE:5981) dropped from S&P Global BMI IndexTokyo Rope Manufacturing Co., Ltd.(TSE:5981) dropped from S&P Global BMI Index
공고 • Jul 05+ 2 more updatesTokyo Rope Manufacturing Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020Tokyo Rope Manufacturing Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020
공고 • Jun 29Dalian Koushin Enterprise Group Co., Ltd. agreed to acquire Tokyo Rope International Inc. from Tokyo Rope Manufacturing Co., Ltd. (TSE:5981).Dalian Koushin Enterprise Group Co., Ltd. agreed to acquire Tokyo Rope International Inc. from Tokyo Rope Manufacturing Co., Ltd. (TSE:5981) on June 26, 2020. Under the terms of the transaction, Dalian Koushin Enterprise Group Co., Ltd. will acquire 17,450 shares in Tokyo Rope International Inc. Upon completion, Tokyo Rope Manufacturing Co., Ltd. will own 0 shares in Tokyo Rope International Inc. For the year ended March 2020, Tokyo Rope International Inc. reported total assets of ¥1.6 billion and net assets of ¥1.6 billion. The transaction was resolved by the Board of Tokyo Rope Manufacturing Co., Ltd. The transaction is expected to close on July 31, 2020. The impact of the transfer of the subsidiary on our consolidated business results is currently under scrutiny.