OTCPK:TYHO.F

Stock Analysis Report

Executive Summary

Toyota Tsusho Corporation engages in metals, parts and logistics, automotive, machinery, energy and project, chemicals and electronics, and food and consumer services businesses worldwide.

Snowflake

Fundamentals

Very undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Toyota Tsusho's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:TYHO.F

-1.1%

US Trade Distributors

-0.7%

US Market


1 Year Return

n/a

OTCPK:TYHO.F

-16.8%

US Trade Distributors

-0.5%

US Market

No trading data on TYHO.F.

No trading data on TYHO.F.


Share holder returns

TYHO.FIndustryMarket
7 Day0%-1.1%-0.7%
30 Day0%-2.3%-3.0%
90 Day0%-5.0%0.9%
1 Yearn/a-15.3%-16.8%1.7%-0.5%
3 Yearn/a23.8%18.4%39.5%30.4%
5 Yearn/a9.9%2.2%54.1%37.0%

Price Volatility Vs. Market

How volatile is Toyota Tsusho's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

44%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Toyota Tsusho's share price is below the future cash flow value, and at a moderate discount (> 20%).

Toyota Tsusho's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Toyota Tsusho is good value based on earnings compared to the US Trade Distributors industry average.

Toyota Tsusho is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Toyota Tsusho is good value based on expected growth next year.


Price Based on Value of Assets

Toyota Tsusho is good value based on assets compared to the US Trade Distributors industry average.


Next Steps

Future Growth

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

9.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Toyota Tsusho's revenue is expected to grow by 3% yearly, however this is not considered high growth (20% yearly).

Toyota Tsusho's earnings are expected to grow by 9.1% yearly, however this is not considered high growth (20% yearly).

Toyota Tsusho's revenue growth is positive but not above the United States of America market average.

Toyota Tsusho's earnings growth is positive but not above the United States of America market average.

Toyota Tsusho's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Toyota Tsusho is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Toyota Tsusho performed over the past 5 years?

22.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Toyota Tsusho has delivered over 20% year on year earnings growth in the past 5 years.

Toyota Tsusho's 1-year earnings growth is less than its 5-year average (1.8% vs 22.8%)

Toyota Tsusho's earnings growth has exceeded the US Trade Distributors industry average in the past year (1.8% vs -7%).


Return on Equity

Toyota Tsusho has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Toyota Tsusho used its assets less efficiently than the US Trade Distributors industry average last year based on Return on Assets.


Return on Capital Employed

Toyota Tsusho has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Toyota Tsusho's financial position?


Financial Position Analysis

Toyota Tsusho is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Toyota Tsusho's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Toyota Tsusho's level of debt (108.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (129.8% vs 108.2% today).

Debt is not well covered by operating cash flow (14%, less than 20% of total debt).

Toyota Tsusho earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is Toyota Tsusho's current dividend yield, its reliability and sustainability?

3.68%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Toyota Tsusho's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Toyota Tsusho's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Ichiro Kashitani (59yo)

1.2yrs

Tenure

0

Mr. Ichiro Kashitani has been President and Chief Executive Officer of Toyota Tsusho Corporation since April 1, 2018 and its Director since June 21, 2018. Mr. Kashitani was the Chief Division Officer of Au ...


Management Age and Tenure

1.4yrs

Average Tenure

62yo

Average Age

The average tenure for the Toyota Tsusho management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.5yrs

Average Tenure

61.5yo

Average Age

The tenure for the Toyota Tsusho board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Mikio Asano (66yo)

    Executive Vice President and Director

    • Tenure: 8.0yrs
  • Minoru Murata (63yo)

    EVP, CEO for North America Region & CTO

    • Tenure: 0.2yrs
  • Kuniaki Yamagiwa (64yo)

    Executive VP

    • Tenure: 14.0yrs
  • Yuichi Oi (64yo)

    Executive VP

    • Tenure: 6.0yrs
  • Shizuka Hayashi

    CEO for Asia & Oceania Region

    • Tenure: 0.4yrs
  • Hideki Yanase (62yo)

    EVP, CEO for Europe & Emerging Regions

    • Tenure: 1.4yrs
  • Yasuhiro Nagai (58yo)

    Chief Compliance Officer

    • Tenure: 2.0yrs
  • Ichiro Kashitani (59yo)

    President

    • Tenure: 1.2yrs
  • Hiroshi Tominaga (55yo)

    Chief Strategy Officer

    • Tenure: 2.0yrs
  • Hideyuki Iwamoto (55yo)

    CFO & Director

    • Tenure: 2.0yrs

Board Members

  • Kumi Fujisawa (51yo)

    Outside Director

    • Tenure: 5.0yrs
  • Soichiro Matsudaira (64yo)

    Director

    • Tenure: 14.0yrs
  • Jun Karube (65yo)

    Chairman of the Board

    • Tenure: 1.2yrs
    • Compensation: JP¥112.00m
  • Kuniaki Yamagiwa (64yo)

    Executive VP

    • Tenure: 14.0yrs
  • Yuichi Oi (64yo)

    Executive VP

    • Tenure: 6.0yrs
  • Yasuhiro Nagai (58yo)

    Chief Compliance Officer

    • Tenure: 2.0yrs
  • Ichiro Kashitani (59yo)

    President

    • Tenure: 1.2yrs
  • Hiroshi Tominaga (55yo)

    Chief Strategy Officer

    • Tenure: 2.0yrs
  • Hideyuki Iwamoto (55yo)

    CFO & Director

    • Tenure: 2.0yrs
  • Yoriko Kawaguchi (77yo)

    Outside Director

    • Tenure: 5.0yrs

Company Information

Toyota Tsusho Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Toyota Tsusho Corporation
  • Ticker: TYHO.F
  • Exchange: OTCPK
  • Founded: 1948
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: JP¥1.161t
  • Listing Market Cap: JP¥10.791b
  • Shares outstanding: 351.89m
  • Website: https://www.toyota-tsusho.com

Number of Employees


Location

  • Toyota Tsusho Corporation
  • 9-8, Meieki 4-chome
  • Nakamura-ku
  • Nagoya
  • Aichi
  • 450-8575
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8015TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
TYHO.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
9TODB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Toyota Tsusho Corporation engages in metals, parts and logistics, automotive, machinery, energy and project, chemicals and electronics, and food and consumer services businesses worldwide. It manufactures  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/23 00:18
End of Day Share Price2019/03/25 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.