Tokyo Steel Manufacturing Past Earnings Performance

Past criteria checks 2/6

Tokyo Steel Manufacturing has been growing earnings at an average annual rate of 19.6%, while the Metals and Mining industry saw earnings growing at 22.4% annually. Revenues have been growing at an average rate of 19.9% per year. Tokyo Steel Manufacturing's return on equity is 10.8%, and it has net margins of 6.3%.

Key information

19.6%

Earnings growth rate

23.3%

EPS growth rate

Metals and Mining Industry Growth	26.4%
Revenue growth rate	19.9%
Return on equity	10.8%
Net Margin	6.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Tokyo Steel Manufacturing makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:TOKS.F Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	352,360	22,177	27,784
30 Jun 24	358,435	25,672	27,067
31 Mar 24	367,242	27,958	27,021
31 Dec 23	365,523	23,603	25,980
30 Sep 23	371,985	27,798	25,885
30 Jun 23	373,349	32,884	25,930
31 Mar 23	361,245	30,848	24,618
31 Dec 22	351,802	40,267	23,897
30 Sep 22	333,184	40,171	22,108
30 Jun 22	308,463	35,112	20,306
31 Mar 22	270,883	31,937	18,229
31 Dec 21	231,491	22,739	16,659
30 Sep 21	190,201	12,994	15,693
30 Jun 21	158,141	6,387	15,383
31 Mar 21	141,448	5,889	15,643
31 Dec 20	141,261	4,638	16,521
30 Sep 20	151,365	9,795	17,779
30 Jun 20	165,337	13,127	18,348
31 Mar 20	179,924	13,795	19,274
31 Dec 19	192,743	18,243	19,903
30 Sep 19	206,164	16,045	20,307
30 Jun 19	210,440	15,390	20,419
31 Mar 19	207,109	15,444	20,195
31 Dec 18	197,298	11,842	19,458
30 Sep 18	182,406	10,734	18,472
30 Jun 18	171,890	10,848	17,970
31 Mar 18	164,137	11,305	17,286
31 Dec 17	154,219	12,779	16,467
30 Sep 17	143,121	13,223	16,136
30 Jun 17	132,853	13,009	15,513
31 Mar 17	121,748	11,140	15,141
31 Dec 16	117,973	14,474	15,145
30 Sep 16	119,587	17,386	14,928
30 Jun 16	125,517	17,540	14,971
31 Mar 16	134,159	19,156	15,066
31 Dec 15	146,262	17,793	15,313
30 Sep 15	153,406	11,879	15,206
30 Jun 15	158,746	10,713	15,255
31 Mar 15	165,658	10,497	15,450
31 Dec 14	165,312	6,673	15,102
30 Sep 14	161,347	7,037	14,458
30 Jun 14	153,667	5,296	13,756
31 Mar 14	139,031	2,315	12,469
31 Dec 13	123,006	-131,852	11,163

Quality Earnings: TOKS.F has high quality earnings.

Growing Profit Margin: TOKS.F's current net profit margins (6.3%) are lower than last year (7.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TOKS.F's earnings have grown by 19.6% per year over the past 5 years.

Accelerating Growth: TOKS.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TOKS.F had negative earnings growth (-20.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-24.1%).

Return on Equity

High ROE: TOKS.F's Return on Equity (10.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/26 16:12
End of Day Share Price	2024/07/29 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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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

Tokyo Steel Manufacturing Co., Ltd. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Takashi Enomoto	BofA Global Research
Toshiyuki Johno	Citigroup Global Markets Japan Inc.
Minami Munakata	Citigroup Inc