Toho Co., Ltd.

TSE:9602 Stock Report

Market Cap: JP¥1.1t

Toho Future Growth

Future criteria checks 1/6

Toho is forecast to grow earnings and revenue by 4.8% and 3.4% per annum respectively. EPS is expected to grow by 5.4% per annum. Return on equity is forecast to be 9.7% in 3 years.

Key information

4.8%

Earnings growth rate

5.41%

EPS growth rate

Entertainment earnings growth6.6%
Revenue growth rate3.4%
Future return on equity9.72%
Analyst coverage

Good

Last updated17 May 2026

Recent future growth updates

Analysis Article Apr 17

Toho Co., Ltd. Just Missed EPS By 5.6%: Here's What Analysts Think Will Happen Next

There's been a notable change in appetite for Toho Co., Ltd. ( TSE:9602 ) shares in the week since its yearly report...
Analysis Article Jan 16

Analysts Are Updating Their Toho Co., Ltd. (TSE:9602) Estimates After Its Third-Quarter Results

Investors in Toho Co., Ltd. ( TSE:9602 ) had a good week, as its shares rose 2.7% to close at JP¥8,013 following the...
Analysis Article Oct 18

Analyst Estimates: Here's What Brokers Think Of Toho Co., Ltd. (TSE:9602) After Its Interim Report

Shareholders might have noticed that Toho Co., Ltd. ( TSE:9602 ) filed its interim result this time last week. The...

Recent updates

Analysis Article Apr 17

Toho Co., Ltd. Just Missed EPS By 5.6%: Here's What Analysts Think Will Happen Next

There's been a notable change in appetite for Toho Co., Ltd. ( TSE:9602 ) shares in the week since its yearly report...
Analysis Article Feb 01

Toho Co., Ltd.'s (TSE:9602) Shares May Have Run Too Fast Too Soon

With a price-to-earnings (or "P/E") ratio of 23.9x Toho Co., Ltd. ( TSE:9602 ) may be sending very bearish signals at...
Analysis Article Jan 17

Toho (TSE:9602) Will Pay A Larger Dividend Than Last Year At ¥62.50

The board of Toho Co., Ltd. ( TSE:9602 ) has announced that it will be paying its dividend of ¥62.50 on the 1st of...
Analysis Article Jan 16

Analysts Are Updating Their Toho Co., Ltd. (TSE:9602) Estimates After Its Third-Quarter Results

Investors in Toho Co., Ltd. ( TSE:9602 ) had a good week, as its shares rose 2.7% to close at JP¥8,013 following the...
Analysis Article Jan 13

There's Been No Shortage Of Growth Recently For Toho's (TSE:9602) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Oct 28

We Think You Should Be Aware Of Some Concerning Factors In Toho's (TSE:9602) Earnings

Toho Co., Ltd.'s ( TSE:9602 ) stock didn't jump after it announced some healthy earnings. Our analysis showed that...
Analysis Article Oct 18

Analyst Estimates: Here's What Brokers Think Of Toho Co., Ltd. (TSE:9602) After Its Interim Report

Shareholders might have noticed that Toho Co., Ltd. ( TSE:9602 ) filed its interim result this time last week. The...
Analysis Article Oct 15

Earnings Tell The Story For Toho Co., Ltd. (TSE:9602)

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Toho...
Analysis Article Aug 20

Here's Why Toho (TSE:9602) Can Manage Its Debt Responsibly

TSE:9602 1 Year Share Price vs Fair Value Explore Toho's Fair Values from the Community and select yours Warren Buffett...

Earnings and Revenue Growth Forecasts

TSE:9602 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
2/28/2029389,86056,75341,47674,9266
2/29/2028381,38754,35938,64573,2059
2/28/2027357,54148,44240,54663,6169
2/28/2026360,66351,76849,89665,334N/A
11/30/2025360,36855,80346,75566,595N/A
8/31/2025341,16750,32247,13266,176N/A
5/31/2025323,03443,93335,01351,750N/A
2/28/2025313,17143,35719,08551,617N/A
11/30/2024314,41651,02222,13352,217N/A
8/31/2024307,38650,01714,46447,469N/A
5/31/2024295,17049,14122,24456,410N/A
2/29/2024283,34745,28321,66543,350N/A
11/30/2023267,65734,69426,00347,497N/A
8/31/2023263,58433,62331,57849,019N/A
5/31/2023256,58334,20526,75046,591N/A
2/28/2023244,29533,43028,48245,404N/A
11/30/2022239,48536,54227,60142,282N/A
8/31/2022230,67036,04529,27349,686N/A
5/31/2022232,42434,40020,23346,767N/A
2/28/2022228,36729,56826,51853,460N/A
11/30/2021222,72823,62618,61743,658N/A
8/31/2021236,00725,97429,02249,944N/A
5/31/2021216,74421,15431,89543,127N/A
2/28/2021191,94814,6882,99512,512N/A
11/30/2020199,48018,36210,89021,506N/A
8/31/2020192,69917,5192,94713,509N/A
5/31/2020228,03625,82512,59524,070N/A
2/29/2020262,76636,60945,20355,892N/A
11/30/2019258,94935,848N/A49,798N/A
8/31/2019257,34836,233N/A47,662N/A
5/31/2019247,80633,112N/A43,569N/A
2/28/2019246,27430,197N/A37,603N/A
11/30/2018240,67529,137N/A37,490N/A
8/31/2018236,35527,527N/A35,102N/A
5/31/2018237,87629,477N/A39,154N/A
2/28/2018242,66833,553N/A43,427N/A
11/30/2017245,87233,329N/A47,700N/A
8/31/2017257,86239,542N/A60,466N/A
5/31/2017246,75336,707N/A54,051N/A
2/28/2017233,54833,252N/A41,803N/A
11/30/2016232,52333,130N/A43,424N/A
8/31/2016220,54926,624N/A33,811N/A
5/31/2016229,97827,118N/A40,065N/A
2/29/2016229,43225,847N/A46,180N/A
11/30/2015229,61826,300N/A47,543N/A
8/31/2015222,56824,352N/A44,563N/A
5/31/2015207,15421,391N/A36,154N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9602's forecast earnings growth (4.8% per year) is above the savings rate (0.8%).

Earnings vs Market: 9602's earnings (4.8% per year) are forecast to grow slower than the JP market (8.9% per year).

High Growth Earnings: 9602's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9602's revenue (3.4% per year) is forecast to grow slower than the JP market (5.2% per year).

High Growth Revenue: 9602's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9602's Return on Equity is forecast to be low in 3 years time (9.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 02:11
End of Day Share Price 2026/05/20 00:00
Earnings2026/02/28
Annual Earnings2026/02/28

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

Toho Co., Ltd. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yusuke NoguchiBofA Global Research
Hiroki KondoCitigroup Inc
Kazuki SakaguchiDaiwa Securities Co. Ltd.