Tosei Corporation

TSE:8923 Stock Report

Market Cap: JP¥122.0b

Tosei Past Earnings Performance

Past criteria checks 3/6

Tosei has been growing earnings at an average annual rate of 15.7%, while the Real Estate industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 6.2% per year. Tosei's return on equity is 13.6%, and it has net margins of 15.1%.

Key information

15.7%

Earnings growth rate

15.4%

EPS growth rate

Real Estate Industry Growth5.9%
Revenue growth rate6.2%
Return on equity13.6%
Net Margin15.1%
Next Earnings Update10 Jan 2025

Recent past performance updates

Recent updates

Tosei (TSE:8923) Will Pay A Larger Dividend Than Last Year At ¥77.00

Nov 25
Tosei (TSE:8923) Will Pay A Larger Dividend Than Last Year At ¥77.00

Tosei (TSE:8923) Is Increasing Its Dividend To ¥77.00

Oct 21
Tosei (TSE:8923) Is Increasing Its Dividend To ¥77.00

Tosei Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Oct 09
Tosei Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Tosei (TSE:8923) Ticks All The Boxes When It Comes To Earnings Growth

Oct 07
Tosei (TSE:8923) Ticks All The Boxes When It Comes To Earnings Growth

Tosei (TSE:8923) Is Increasing Its Dividend To ¥73.00

Oct 07
Tosei (TSE:8923) Is Increasing Its Dividend To ¥73.00

Insufficient Growth At Tosei Corporation (TSE:8923) Hampers Share Price

Aug 16
Insufficient Growth At Tosei Corporation (TSE:8923) Hampers Share Price

Tosei (TSE:8923) Has Announced That It Will Be Increasing Its Dividend To ¥73.00

Jul 26
Tosei (TSE:8923) Has Announced That It Will Be Increasing Its Dividend To ¥73.00

Tosei (TSE:8923) Is Increasing Its Dividend To ¥73.00

Jul 12
Tosei (TSE:8923) Is Increasing Its Dividend To ¥73.00

Tosei (TSE:8923) Takes On Some Risk With Its Use Of Debt

Mar 19
Tosei (TSE:8923) Takes On Some Risk With Its Use Of Debt

Revenue & Expenses Breakdown

How Tosei makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:8923 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 2482,15612,37714,7040
31 May 2484,20312,40114,4270
29 Feb 2483,26312,52613,8830
30 Nov 2379,44610,50713,4010
31 Aug 2382,73110,79613,1470
31 May 2380,26310,66412,2830
28 Feb 2375,6909,39911,8050
30 Nov 2270,9538,60711,4800
31 Aug 2264,3486,82010,8750
31 May 2264,3466,70810,1980
28 Feb 2262,9407,2679,6960
30 Nov 2161,7266,7219,1230
31 Aug 2159,9428,2117,8700
31 May 2159,8228,5758,3460
28 Feb 2165,5733,0948,4030
30 Nov 2063,9403,6027,6630
31 Aug 2071,2953,2668,1790
31 May 2071,3254,3558,2660
29 Feb 2067,1379,9997,8510
30 Nov 1960,7288,4477,6550
31 Aug 1961,9777,8577,5690
31 May 1963,4767,6407,3290
28 Feb 1960,2936,0407,3800
30 Nov 1861,5436,8527,2020
31 Aug 1861,0847,0456,9040
31 May 1863,9146,6766,8500
28 Feb 1861,3876,5026,4160
30 Nov 1757,7546,1556,4160
31 Aug 1752,6575,9236,1410
31 May 1745,5234,7355,6910
28 Feb 1750,9685,4365,9260
30 Nov 1649,8185,5476,2720
31 Aug 1654,5186,4656,1500
31 May 1651,3186,2256,0680
29 Feb 1645,0085,3565,4850
30 Nov 1543,0064,1354,6160
31 Aug 1550,5174,0914,5910
31 May 1551,8664,2394,3780
28 Feb 1550,1673,3924,1120
30 Nov 1449,9812,8743,9610
31 Aug 1433,0641,9143,5910
31 May 1432,4381,8303,3560
28 Feb 1430,9082,0093,2760

Quality Earnings: 8923 has high quality earnings.

Growing Profit Margin: 8923's current net profit margins (15.1%) are higher than last year (13%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8923's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: 8923's earnings growth over the past year (14.6%) is below its 5-year average (15.7% per year).

Earnings vs Industry: 8923 earnings growth over the past year (14.6%) did not outperform the Real Estate industry 22.1%.

Return on Equity

High ROE: 8923's Return on Equity (13.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 19:32
End of Day Share Price 2024/12/30 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Tosei Corporation is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takehiro TsudaCitigroup Global Markets Japan Inc.
Takehiro TsudaCitigroup Inc
Jiro KojimaDaiwa Securities Co. Ltd.