Tosho Co., Ltd.

TSE:8920 Stock Report

Market Cap: JP¥23.4b

Tosho Future Growth

Future criteria checks 3/6

Tosho's revenue is forecast to decline at 3.4% per annum while its annual earnings are expected to grow at 22.6% per year. EPS is expected to grow by 22.6% per annum. Return on equity is forecast to be 6.8% in 3 years.

Key information

22.6%

Earnings growth rate

22.57%

EPS growth rate

Hospitality earnings growth12.1%
Revenue growth rate-3.4%
Future return on equity6.83%
Analyst coverage

Low

Last updated01 Jul 2025

Recent future growth updates

Recent updates

We Think Tosho's (TSE:8920) Profit Is Only A Baseline For What They Can Achieve

May 20
We Think Tosho's (TSE:8920) Profit Is Only A Baseline For What They Can Achieve

Some Tosho Co., Ltd. (TSE:8920) Shareholders Look For Exit As Shares Take 28% Pounding

Apr 07
Some Tosho Co., Ltd. (TSE:8920) Shareholders Look For Exit As Shares Take 28% Pounding

Revenues Not Telling The Story For Tosho Co., Ltd. (TSE:8920) After Shares Rise 31%

Sep 04
Revenues Not Telling The Story For Tosho Co., Ltd. (TSE:8920) After Shares Rise 31%

Analysts Just Made A Decent Upgrade To Their Tosho Co., Ltd. (TSE:8920) Forecasts

Aug 31
Analysts Just Made A Decent Upgrade To Their Tosho Co., Ltd. (TSE:8920) Forecasts

Does Tosho (TSE:8920) Have A Healthy Balance Sheet?

Aug 02
Does Tosho (TSE:8920) Have A Healthy Balance Sheet?

Earnings and Revenue Growth Forecasts

TSE:8920 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202831,4572,7803,4367,0283
3/31/202729,3542,5233,5956,7063
3/31/202627,4412,2323,9946,2063
3/31/202535,6191,2286,47315,425N/A
12/31/202441,408-970N/AN/AN/A
9/30/202432,276-1,5801,71710,410N/A
6/30/202430,856-2,220N/AN/AN/A
3/31/202430,927-2,2297,34310,900N/A
12/31/202324,9141,130N/AN/AN/A
9/30/202324,2121,087-2,687976N/A
6/30/202323,4791,003N/AN/AN/A
3/31/202322,506857-14,245-12,445N/A
12/31/202228,8012,436N/AN/AN/A
9/30/202228,4562,539-1,664282N/A
6/30/202227,8012,462N/AN/AN/A
3/31/202227,3192,42411,37813,162N/A
12/31/202119,798773N/AN/AN/A
9/30/202119,3816872,2124,283N/A
6/30/202119,459891N/AN/AN/A
3/31/202117,625217-5,329-1,448N/A
12/31/202026,0602,784N/AN/AN/A
9/30/202028,1763,6891,5307,614N/A
6/30/202030,2464,327N/AN/AN/A
3/31/202034,4665,8036,83513,963N/A
12/31/201928,3283,970N/AN/AN/A
9/30/201928,1563,881-516,774N/A
6/30/201927,8314,000N/AN/AN/A
3/31/201927,2394,023-1,9496,385N/A
12/31/201826,6094,171N/AN/AN/A
9/30/201825,7584,033N/A6,126N/A
6/30/201825,0314,019N/AN/AN/A
3/31/201824,1383,766N/A6,658N/A
12/31/201723,3443,855N/AN/AN/A
9/30/201722,5633,800N/A6,014N/A
6/30/201721,9313,699N/AN/AN/A
3/31/201721,3503,726N/A4,856N/A
12/31/201620,8043,497N/AN/AN/A
9/30/201620,2663,428N/A5,104N/A
6/30/201619,6503,231N/AN/AN/A
3/31/201619,2243,156N/A5,815N/A
12/31/201518,6643,015N/AN/AN/A
3/31/201516,8882,536N/A4,492N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8920's forecast earnings growth (22.6% per year) is above the savings rate (0.5%).

Earnings vs Market: 8920's earnings (22.6% per year) are forecast to grow faster than the JP market (7.5% per year).

High Growth Earnings: 8920's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8920's revenue is expected to decline over the next 3 years (-3.4% per year).

High Growth Revenue: 8920's revenue is forecast to decline over the next 3 years (-3.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8920's Return on Equity is forecast to be low in 3 years time (6.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 16:04
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tosho Co., Ltd. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Junichi ShimizuDeutsche Bank
Yukiko NonamiGoldman Sachs
Seiichiro SamejimaIchiyoshi Research Institute Inc.