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Toei Company

DB:TOE
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TOE
DB
¥179B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Toei Company, Ltd. engages in the production of theatrical movies, TV dramas, direct-to-video productions, and anime; and various businesses based on film production in Japan. The last earnings update was 67 days ago. More info.


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TOE Share Price and Events
7 Day Returns
-2.7%
DB:TOE
0.7%
DE Entertainment
1.8%
DE Market
1 Year Returns
26.9%
DB:TOE
12.5%
DE Entertainment
-6%
DE Market
TOE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Toei Company (TOE) -2.7% -5.4% 6.4% 26.9% 64.9% 190.7%
DE Entertainment 0.7% 5.7% 13.9% 12.5% 35.7% 73.7%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • TOE outperformed the Entertainment industry which returned 12.5% over the past year.
  • TOE outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
TOE
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Toei Company's competitors could be found in our database.

TOE Value

 Is Toei Company undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Toei Company to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Toei Company.

DB:TOE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:TOE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.958 (1 + (1- 30.86%) (8.06%))
1.008
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.008 * 5.96%)
6.23%

Discounted Cash Flow Calculation for DB:TOE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Toei Company is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:TOE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.23%)
2019 17,751.00 Analyst x2 16,709.44
2020 17,326.00 Analyst x3 15,352.41
2021 19,458.00 Analyst x2 16,229.88
2022 22,390.00 Analyst x1 17,579.65
2023 23,212.00 Analyst x1 17,155.68
2024 23,814.04 Est @ 2.59% 16,567.90
2025 24,262.68 Est @ 1.88% 15,889.57
2026 24,599.25 Est @ 1.39% 15,164.72
2027 24,854.94 Est @ 1.04% 14,423.29
2028 25,052.78 Est @ 0.8% 13,685.05
Present value of next 10 years cash flows ¥158,757.59
DB:TOE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥25,052.78 × (1 + 0.23%) ÷ (6.23% – 0.23%)
¥418,124.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥418,124.42 ÷ (1 + 6.23%)10
¥228,400.02
DB:TOE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥158,757.59 + ¥228,400.02
¥387,157.60
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥387,157.60 / 12.62
¥30674.57
DB:TOE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:TOE represents 0.00789x of TSE:9605
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00789x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 30,674.57 x 0.00789
€242.07
Value per share (EUR) From above. €242.07
Current discount Discount to share price of €112.14
= -1 x (€112.14 - €242.07) / €242.07
53.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Toei Company is available for.
Intrinsic value
>50%
Share price is €112.14 vs Future cash flow value of €242.07
Current Discount Checks
For Toei Company to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Toei Company's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Toei Company's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Toei Company's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Toei Company's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TOE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in JPY ¥795.86
TSE:9605 Share Price ** TSE (2019-04-18) in JPY ¥14210
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.8x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Toei Company.

DB:TOE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:9605 Share Price ÷ EPS (both in JPY)

= 14210 ÷ 795.86

17.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toei Company is good value based on earnings compared to the DE Entertainment industry average.
  • Toei Company is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Toei Company's expected growth come at a high price?
Raw Data
DB:TOE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
7.4%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.67x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:TOE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.85x ÷ 7.4%

2.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toei Company is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Toei Company's assets?
Raw Data
DB:TOE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in JPY ¥13,145.40
TSE:9605 Share Price * TSE (2019-04-18) in JPY ¥14210
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.56x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:TOE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:9605 Share Price ÷ Book Value per Share (both in JPY)

= 14210 ÷ 13,145.40

1.08x

* Primary Listing of Toei Company.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toei Company is good value based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess Toei Company's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. Toei Company has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TOE Future Performance

 How is Toei Company expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Toei Company expected to grow at an attractive rate?
  • Toei Company's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Toei Company's earnings growth is positive but not above the Germany market average.
  • Toei Company's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:TOE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:TOE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 7.4%
DB:TOE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 3.6%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:TOE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:TOE Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 150,300 27,512 14,200 1
2022-03-31 146,800 26,490 13,800 1
2021-03-31 142,667 22,908 11,900 3
2020-03-31 135,325 20,893 11,050 4
2019-03-31 130,925 21,501 10,775 4
DB:TOE Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2018-12-31 131,952 10,045
2018-09-30 126,074 18,952 9,261
2018-06-30 126,451 9,989
2018-03-31 124,317 15,799 10,710
2017-12-31 125,789 11,866
2017-09-30 128,250 15,372 11,829
2017-06-30 130,603 12,060
2017-03-31 128,411 16,036 10,959
2016-12-31 124,561 9,360
2016-09-30 124,097 14,376 8,580
2016-06-30 120,898 8,331
2016-03-31 122,834 17,366 8,688

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Toei Company's earnings are expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).
  • Toei Company's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:TOE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Toei Company Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TOE Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31 1,125.10 1,125.10 1,125.10 1.00
2022-03-31 1,093.40 1,093.40 1,093.40 1.00
2021-03-31 942.80 1,061.70 800.10 3.00
2020-03-31 875.48 1,006.20 768.53 4.00
2019-03-31 853.68 950.80 736.84 4.00
DB:TOE Past Financials Data
Date (Data in JPY Millions) EPS *
2018-12-31 795.86
2018-09-30 733.75
2018-06-30 791.42
2018-03-31 848.45
2017-12-31 939.93
2017-09-30 936.86
2017-06-30 955.02
2017-03-31 867.80
2016-12-31 741.17
2016-09-30 679.40
2016-06-30 659.68
2016-03-31 687.94

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Toei Company is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Toei Company's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Toei Company has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TOE Past Performance

  How has Toei Company performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Toei Company's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Toei Company's year on year earnings growth rate has been positive over the past 5 years.
  • Toei Company's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Toei Company's 1-year earnings growth is negative, it can't be compared to the DE Entertainment industry average.
Earnings and Revenue History
Toei Company's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Toei Company Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TOE Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 131,952.00 10,045.00 27,112.00
2018-09-30 126,074.00 9,261.00 26,878.00
2018-06-30 126,451.00 9,989.00 26,764.00
2018-03-31 124,317.00 10,710.00 25,993.00
2017-12-31 125,789.00 11,866.00 26,135.00
2017-09-30 128,250.00 11,829.00 26,187.00
2017-06-30 130,603.00 12,060.00 26,426.00
2017-03-31 128,411.00 10,959.00 26,442.00
2016-12-31 124,561.00 9,360.00 25,638.00
2016-09-30 124,097.00 8,580.00 25,227.00
2016-06-30 120,898.00 8,331.00 24,544.00
2016-03-31 122,834.00 8,688.00 24,396.00
2015-12-31 121,854.00 7,566.00 23,989.00
2015-09-30 118,789.00 7,597.00 24,440.00
2015-06-30 114,702.00 6,322.00 24,327.00
2015-03-31 112,263.00 6,695.00 24,487.00
2014-12-31 112,365.00 7,263.00 24,700.00
2014-09-30 111,832.00 7,240.00 24,363.00
2014-06-30 114,019.00 6,993.00 24,625.00
2014-03-31 118,211.00 6,508.00 24,317.00
2013-12-31 122,885.00 6,539.00 24,509.00
2013-09-30 131,788.00 7,567.00 24,586.00
2013-06-30 131,441.00 7,389.00 24,652.00
2013-03-31 126,427.00 6,752.00 24,357.00
2012-12-31 121,222.00 6,451.00 25,409.00
2012-09-30 115,347.00 5,673.00 24,261.00
2012-06-30 117,152.00 6,670.00 24,352.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Toei Company has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Toei Company used its assets less efficiently than the DE Entertainment industry average last year based on Return on Assets.
  • Toei Company has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Toei Company's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Toei Company has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TOE Health

 How is Toei Company's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Toei Company's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Toei Company is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Toei Company's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Toei Company's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Toei Company Company Filings, last reported 3 months ago.

DB:TOE Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 209,018.00 14,454.00 56,978.00
2018-09-30 206,710.00 13,887.00 53,772.00
2018-06-30 202,537.00 16,850.00 51,425.00
2018-03-31 196,038.00 15,863.00 48,504.00
2017-12-31 195,156.00 17,791.00 47,497.00
2017-09-30 189,883.00 17,246.00 48,427.00
2017-06-30 185,352.00 18,275.00 48,838.00
2017-03-31 180,715.00 17,323.00 47,081.00
2016-12-31 176,219.00 19,188.00 41,056.00
2016-09-30 169,401.00 18,736.00 38,787.00
2016-06-30 163,673.00 21,175.00 36,112.00
2016-03-31 163,468.00 20,273.00 37,515.00
2015-12-31 164,769.00 22,898.00 38,431.00
2015-09-30 161,288.00 22,706.00 37,077.00
2015-06-30 157,657.00 25,506.00 37,925.00
2015-03-31 154,147.00 24,714.00 32,024.00
2014-12-31 150,722.00 27,682.00 33,942.00
2014-09-30 146,834.00 27,504.00 33,622.00
2014-06-30 143,661.00 29,747.00 30,964.00
2014-03-31 136,827.00 29,253.00 26,741.00
2013-12-31 137,169.00 33,264.00 30,933.00
2013-09-30 133,382.00 35,196.00 32,763.00
2013-06-30 130,615.00 35,300.00 30,929.00
2013-03-31 127,233.00 35,407.00 32,823.00
2012-12-31 121,228.00 33,637.00 31,081.00
2012-09-30 117,489.00 35,863.00 28,725.00
2012-06-30 116,063.00 39,592.00 27,792.00
  • Toei Company's level of debt (6.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (24.2% vs 6.9% today).
  • Debt is well covered by operating cash flow (131.1%, greater than 20% of total debt).
  • Toei Company earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Toei Company's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Toei Company has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TOE Dividends

 What is Toei Company's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.42%
Current annual income from Toei Company dividends. Estimated to be 0.59% next year.
If you bought €2,000 of Toei Company shares you are expected to receive €8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Toei Company's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Toei Company's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:TOE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:TOE Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-03-31 120.00 1.00
2022-03-31 120.00 1.00
2021-03-31 76.67 3.00
2020-03-31 70.00 4.00
2019-03-31 67.50 4.00
DB:TOE Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-02-13 60.000 0.419
2018-11-14 60.000 0.450
2018-06-29 60.000 0.496
2018-05-15 60.000 0.511
2018-02-14 60.000 0.520
2017-11-14 60.000 0.524
2017-06-30 60.000 0.501
2017-05-15 60.000 0.569
2017-02-14 60.000 0.615
2016-11-14 60.000 0.624
2016-06-30 60.000 0.700
2016-05-13 60.000 0.642
2016-02-12 60.000 0.677
2015-11-13 60.000 0.535
2015-06-29 60.000 0.647
2015-05-15 60.000 0.660
2015-02-13 60.000 0.721
2014-11-14 70.000 1.060
2014-06-30 60.000 1.068
2014-05-14 60.000 1.087
2014-02-14 60.000 1.023
2013-11-13 60.000 1.007
2013-06-28 60.000 0.978
2013-05-15 60.000 0.988
2013-02-14 60.000 0.955
2012-11-14 60.000 1.300
2012-08-14 60.000 1.464
2012-06-29 60.000 1.627
2012-05-15 60.000 1.695
2012-02-14 60.000 1.479
2011-11-14 60.000 1.669
2011-08-12 60.000 1.699
2011-06-30 60.000 1.660
2011-05-13 60.000 1.719
2011-02-14 60.000 1.559
2010-11-12 60.000 1.535
2010-06-30 60.000 1.628
2010-05-14 60.000 1.481
2010-02-12 60.000 1.281
2009-11-13 60.000 1.248
2009-08-13 60.000 1.194
2009-06-29 60.000 1.219
2009-05-20 60.000 1.373
2009-04-22 60.000 1.354

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toei Company is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Toei Company is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Toei Company's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Toei Company's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of Toei Company's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Toei Company's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Toei Company afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Toei Company has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TOE Management

 What is the CEO of Toei Company's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Noriyuki Tada
AGE 69
TENURE AS CEO 5 years
CEO Bio

Mr. Noriyuki Tada has been the President of Toei Co., Ltd. since April 2014 and has been its General Manager of Image Division and General Manager of Film Division since June 2014. Mr. Tada served as Managing Director of Toei Animation Co. Ltd. Mr. Tada served as Manager of General Affairs Department at Toei Co., Ltd. since June 2012 and served as its Managing Director since June 2013. Mr. Tada served as Manager of Secretariat Department at Toei Co., Ltd. since January 2008 and served as its Manager of Audit Department since June 2012. Mr. Tada served as Manager of Hokkaido Branch and Manager of Movie Advertisement Department at Toei Co., Ltd. since June 1996 and July 2000 respectively. He served as an Executive Officer of Toei Co., Ltd. since June 2008. He joined Toei Co., Ltd., in April 1972. He has been an External Director at Tokyu Recreation Co., Ltd. since March 30, 2017. He has been a Director of Toei Animation Co. Ltd. since June 2014. He has been a Representative Director of Toei Co., Ltd. since April 2014 and served as its Director since June 2010.

CEO Compensation
  • Insufficient data for Noriyuki to compare compensation growth.
  • Insufficient data for Noriyuki to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Toei Company management team in years:

6.3
Average Tenure
58
Average Age
  • The average tenure for the Toei Company management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Noriyuki Tada

TITLE
President
AGE
69
TENURE
5 yrs

Seiichi Tanaka

TITLE
Senior MD
AGE
69
TENURE
6.8 yrs

Satoshi Tanaka

TITLE
Head of Human Resources & Labor Affairs and Director
AGE
60
TENURE
8.8 yrs

Kenji Yasuda

TITLE
MD, Head of Accounting Department & Director
AGE
68
TENURE
6.8 yrs

Hidenobu Muramatsu

TITLE
Head of Planning Adjustment Department & Director
AGE
57

Osamu Tezuka

TITLE
MD, Head of Television Business Unit
AGE
58

Shinichiro Shirakura

TITLE
Head of Television 2nd Sales Department & Director
AGE
53

Hisashi Yoshimoto

TITLE
Head of Business Promotion Department & Director
AGE
54
TENURE
2.8 yrs

Kenjiro Toida

TITLE
Head of Audit Department & General Affairs Department and Director
AGE
58
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the Toei Company board of directors in years:

6.8
Average Tenure
59
Average Age
  • The tenure for the Toei Company board of directors is about average.
Board of Directors

Yusuke Okada

TITLE
Group Chairman
AGE
69
TENURE
5 yrs

Noriyuki Tada

TITLE
President
AGE
69
TENURE
5 yrs

Seiichi Tanaka

TITLE
Senior MD
AGE
69
TENURE
10.8 yrs

Satoshi Tanaka

TITLE
Head of Human Resources & Labor Affairs and Director
AGE
60

Kenji Yasuda

TITLE
MD, Head of Accounting Department & Director
AGE
68
TENURE
8.8 yrs

Hidenobu Muramatsu

TITLE
Head of Planning Adjustment Department & Director
AGE
57
TENURE
6.8 yrs

Osamu Tezuka

TITLE
MD, Head of Television Business Unit
AGE
58
TENURE
6.8 yrs

Shinichiro Shirakura

TITLE
Head of Television 2nd Sales Department & Director
AGE
53
TENURE
6.8 yrs

Hisashi Yoshimoto

TITLE
Head of Business Promotion Department & Director
AGE
54

Kenjiro Toida

TITLE
Head of Audit Department & General Affairs Department and Director
AGE
58
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Toei Company's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Toei Company has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TOE News

Simply Wall St News

TOE Company Info

Description

Toei Company, Ltd. engages in the production of theatrical movies, TV dramas, direct-to-video productions, and anime; and various businesses based on film production in Japan. The company manages movie theatres and cinema complexes; offers packaged video software, such as DVDs and Blu-ray discs; and distributes video content to distribution media, as well as movies on iTunes. It also offers content to Toei Channel, a CS broadcasting station, as well as various broadcasting media; and grants videogram rights to packaged-video makers. In addition, the company provides commoditizing rights for toys, apparel, everyday items, food products, stationeries, publications, CDs, DVDs, games, play equipment, and theme parks, as well as operates Toeihero.net, an online shopping Website. Further, it operates movie studios; builds, operates, and manages various commercial facilities and cinema-complex facilities; manages golf course; operates and manages real-estate leasing facilities, such as commercial buildings, office buildings, and apartment buildings; and operates hotels. Toei Company, Ltd. was founded in 1951 and is based in Tokyo, Japan.

Details
Name: Toei Company, Ltd.
TOE
Exchange: DB
Founded: 1951
¥1,424,807,898
12,621,451
Website: http://www.toei.co.jp
Address: Toei Company, Ltd.
2-17, 3-chome,
Ginza,
Tokyo,
104-8108,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 9605 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
DB TOE Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
Number of employees
Current staff
Staff numbers
1,027
Toei Company employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 20:56
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/02/27
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.