Tokyo Ohka Kogyo Future Growth

Future criteria checks 3/6

Tokyo Ohka Kogyo is forecast to grow earnings and revenue by 15.6% and 8.6% per annum respectively. EPS is expected to grow by 15.7% per annum. Return on equity is forecast to be 12% in 3 years.

Key information

15.6%

Earnings growth rate

15.7%

EPS growth rate

Chemicals earnings growth	13.0%
Revenue growth rate	8.6%
Future return on equity	12.0%
Analyst coverage	Good
Last updated	19 Aug 2024

Recent future growth updates

Earnings Beat: Here's What Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Analysts Are Forecasting For This Year

Aug 09

Recent updates

Earnings Beat: Here's What Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Analysts Are Forecasting For This Year

Aug 09

The Price Is Right For Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Even After Diving 33%

Aug 06

Investors Appear Satisfied With Tokyo Ohka Kogyo Co., Ltd.'s (TSE:4186) Prospects As Shares Rocket 34%

Feb 27

Earnings and Revenue Growth Forecasts

TSE:4186 - Analysts future estimates and past financials data (JPY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	232,636	27,195	19,727	35,192	15
12/31/2025	213,433	23,809	16,136	30,440	16
12/31/2024	195,206	20,033	-4,249	24,963	11
6/30/2024	179,332	16,500	5,194	21,766	N/A
3/31/2024	168,824	14,154	N/A	N/A	N/A
12/31/2023	162,270	12,712	1,982	17,210	N/A
9/30/2023	163,591	11,998	N/A	N/A	N/A
6/30/2023	168,397	15,325	4,299	18,791	N/A
3/31/2023	174,298	16,880	N/A	N/A	N/A
12/31/2022	175,434	19,693	7,541	18,991	N/A
9/30/2022	169,992	22,611	N/A	N/A	N/A
6/30/2022	159,958	21,072	11,967	20,986	N/A
3/31/2022	148,683	19,283	N/A	N/A	N/A
12/31/2021	140,055	17,748	11,629	19,758	N/A
9/30/2021	132,023	12,916	N/A	N/A	N/A
6/30/2021	125,190	11,686	12,902	19,451	N/A
3/31/2021	120,787	11,121	N/A	N/A	N/A
12/31/2020	117,585	9,926	16,945	22,953	N/A
9/30/2020	114,266	8,652	N/A	N/A	N/A
6/30/2020	111,091	7,125	5,408	18,999	N/A
3/31/2020	106,842	6,099	N/A	N/A	N/A
12/31/2019	102,820	5,410	-2,176	12,743	N/A
9/30/2019	102,197	5,596	N/A	N/A	N/A
6/30/2019	103,461	6,589	4,442	11,823	N/A
3/31/2019	104,237	6,750	N/A	N/A	N/A
12/31/2018	105,277	6,875	7,586	14,311	N/A
12/31/2017	115,804	7,097	N/A	13,549	N/A
9/30/2017	94,918	6,961	N/A	13,222	N/A
6/30/2017	93,161	6,847	N/A	N/A	N/A
3/31/2017	88,764	6,343	N/A	12,476	N/A
12/31/2016	87,763	6,336	N/A	N/A	N/A
9/30/2016	88,061	6,121	N/A	11,622	N/A
6/30/2016	87,632	6,519	N/A	N/A	N/A
3/31/2016	89,969	7,716	N/A	11,902	N/A
12/31/2015	91,544	8,174	N/A	N/A	N/A
9/30/2015	90,834	8,821	N/A	11,904	N/A
6/30/2015	89,521	8,871	N/A	N/A	N/A
3/31/2015	88,086	8,818	N/A	13,577	N/A
12/31/2014	81,665	8,957	N/A	N/A	N/A
9/30/2014	78,255	8,719	N/A	13,588	N/A
6/30/2014	77,169	8,138	N/A	N/A	N/A
3/31/2014	75,269	7,549	N/A	11,881	N/A
12/31/2013	75,091	6,912	N/A	N/A	N/A
9/30/2013	75,336	6,327	N/A	12,248	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4186's forecast earnings growth (15.6% per year) is above the savings rate (0.3%).

Earnings vs Market: 4186's earnings (15.6% per year) are forecast to grow faster than the JP market (8.6% per year).

High Growth Earnings: 4186's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4186's revenue (8.6% per year) is forecast to grow faster than the JP market (4.3% per year).

High Growth Revenue: 4186's revenue (8.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4186's Return on Equity is forecast to be low in 3 years time (12%).

Tokyo Ohka Kogyo Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Earnings Beat: Here's What Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Analysts Are Forecasting For This Year

Price target increased by 7.2% to JP¥4,536

Price target increased by 7.8% to JP¥4,362

Price target increased by 9.0% to JP¥3,821

Price target increased by 7.3% to JP¥10,043

Price target increased by 7.2% to JP¥9,358

Recent updates

Earnings Beat: Here's What Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Analysts Are Forecasting For This Year

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

The Price Is Right For Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Even After Diving 33%

New minor risk - Dividend sustainability

We Think Tokyo Ohka Kogyo (TSE:4186) Can Stay On Top Of Its Debt

Now 21% undervalued after recent price drop

Upcoming dividend of JP¥29.00 per share

Tokyo Ohka Kogyo Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024

Returns Are Gaining Momentum At Tokyo Ohka Kogyo (TSE:4186)

Now 21% undervalued after recent price drop

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued after recent price drop

Estimating The Fair Value Of Tokyo Ohka Kogyo Co., Ltd. (TSE:4186)

Final dividend of JP¥29.00 announced

Price target increased by 7.2% to JP¥4,536

Tokyo Ohka Kogyo Co., Ltd. to Report Q1, 2024 Results on May 13, 2024

Price target increased by 7.8% to JP¥4,362

Investors Appear Satisfied With Tokyo Ohka Kogyo Co., Ltd.'s (TSE:4186) Prospects As Shares Rocket 34%

Price target increased by 9.0% to JP¥3,821

Now 21% overvalued after recent price rise

Full year 2023 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 15%

Tokyo Ohka Kogyo Co., Ltd., Annual General Meeting, Mar 28, 2024

Upcoming dividend of JP¥82.00 per share at 1.8% yield

Tokyo Ohka Kogyo Co., Ltd. to Report Fiscal Year 2023 Results on Feb 13, 2024

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Tokyo Ohka Kogyo Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023

Now 23% undervalued

Now 20% undervalued

Tokyo Ohka Kogyo Co., Ltd. to Report Q3, 2023 Results on Nov 10, 2023

Price target increased by 7.3% to JP¥10,043

Price target increased by 7.2% to JP¥9,358

New minor risk - Share price stability

Tokyo Ohka Kogyo Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: JP¥79.32 (vs JP¥118 in 2Q 2022)

Tokyo Ohka Kogyo Co., Ltd. Revises Earnings Guidance for the Half Year Ended June 30, 2023

Chang Chun Chemical (Jiangsu) Co., Ltd. agreed to acquire Chang Chun Tok (Changshu) Co., Ltd. from Tokyo Ohka Kogyo Co., Ltd.

Upcoming dividend of JP¥82.00 per share at 1.9% yield

Tokyo Ohka Kogyo Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023

Tokyo Ohka Kogyo Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending December 31, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Tokyo Ohka Kogyo Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023

Tokyo Ohka Kogyo Co., Ltd., Annual General Meeting, Mar 30, 2023

Full year 2022 earnings: EPS misses analyst expectations

AIMECHATEC, Ltd. (TSE:6227) entered into an agreement to acquire Process Equipment Business Spin-off Preparation Co., Ltd. from Tokyo Ohka Kogyo Co., Ltd. (TSE:4186)

Upcoming dividend of JP¥80.00 per share

Tokyo Ohka Kogyo Co., Ltd. to Report Fiscal Year 2022 Results on Feb 13, 2023

Tokyo Ohka Kogyo Co., Ltd Provides Dividend Guidance for Year Ending December 31, 2022

Less than half of directors are independent

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Tokyo Ohka Kogyo Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022

Tokyo Ohka Kogyo Co., Ltd. Provides Earnings Guidance for Full Year of Ending December 31, 2022

Second quarter 2022 earnings released: EPS: JP¥118 (vs JP¥71.31 in 2Q 2021)

Upcoming dividend of JP¥78.00 per share

Tokyo Ohka Kogyo Co., Ltd. to Report Q2, 2022 Results on Aug 04, 2022

Tokyo Ohka Kogyo Co., Ltd. Provides Earnings Guidance for the First Half and Full Year of Ending December 31, 2022

Tokyo Ohka Kogyo Co., Ltd. Provides Earnings Guidance for the First Half and Full Year of Ending December 31, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Tokyo Ohka Kogyo Co., Ltd. Provides Dividend Forecast for the Second Quarter 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Tokyo Ohka Kogyo Co., Ltd., Annual General Meeting, Mar 30, 2022

Consensus EPS estimates increase by 13%

Tokyo Ohka Kogyo Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ended December 31, 2021

Upcoming dividend of JP¥62.00 per share

Third quarter 2021 earnings released: EPS JP¥95.46 (vs JP¥65.63 in 3Q 2020)