Reported Earnings • May 20
Third quarter 2026 earnings released: EPS: JP¥43.55 (vs JP¥41.29 in 3Q 2025) Third quarter 2026 results: EPS: JP¥43.55 (up from JP¥41.29 in 3Q 2025). Revenue: JP¥1.36b (up 4.0% from 3Q 2025). Net income: JP¥173.0m (up 5.5% from 3Q 2025). Profit margin: 13% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Reported Earnings • Feb 16
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: JP¥1.35b (up 2.6% from 2Q 2025). Net income: JP¥174.0m (down 15% from 2Q 2025). Profit margin: 13% (down from 16% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 26% per year. Duyuru • Dec 23
Toyo Drilube Co., Ltd. to Report Q2, 2026 Results on Feb 13, 2026 Toyo Drilube Co., Ltd. announced that they will report Q2, 2026 results on Feb 13, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 March 2026. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.5%). Reported Earnings • Nov 18
First quarter 2026 earnings released: EPS: JP¥85.35 (vs JP¥116 in 1Q 2025) First quarter 2026 results: EPS: JP¥85.35 (down from JP¥116 in 1Q 2025). Revenue: JP¥1.32b (up 5.4% from 1Q 2025). Net income: JP¥113.0m (down 27% from 1Q 2025). Profit margin: 8.5% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year. Duyuru • Sep 26
Toyo Drilube Co., Ltd. to Report Q1, 2026 Results on Nov 14, 2025 Toyo Drilube Co., Ltd. announced that they will report Q1, 2026 results on Nov 14, 2025 Reported Earnings • Aug 10
Full year 2025 earnings released: EPS: JP¥530 (vs JP¥466 in FY 2024) Full year 2025 results: EPS: JP¥530 (up from JP¥466 in FY 2024). Revenue: JP¥5.19b (up 11% from FY 2024). Net income: JP¥702.0m (up 14% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 18% per year. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 5.7% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.9%). Buy Or Sell Opportunity • Jun 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.0% to JP¥3,740. The fair value is estimated to be JP¥3,094, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 14%. Duyuru • Jun 03
Toyo Drilube Co., Ltd. to Report Fiscal Year 2025 Results on Aug 08, 2025 Toyo Drilube Co., Ltd. announced that they will report fiscal year 2025 results on Aug 08, 2025 Reported Earnings • May 21
Third quarter 2025 earnings released: EPS: JP¥124 (vs JP¥95.16 in 3Q 2024) Third quarter 2025 results: EPS: JP¥124 (up from JP¥95.16 in 3Q 2024). Revenue: JP¥1.31b (up 12% from 3Q 2024). Net income: JP¥164.0m (up 30% from 3Q 2024). Profit margin: 13% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Duyuru • Apr 17
Toyo Drilube Co., Ltd. to Report Q3, 2025 Results on May 15, 2025 Toyo Drilube Co., Ltd. announced that they will report Q3, 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,045, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 24% over the past three years. Reported Earnings • Feb 16
Second quarter 2025 earnings released: EPS: JP¥154 (vs JP¥128 in 2Q 2024) Second quarter 2025 results: EPS: JP¥154 (up from JP¥128 in 2Q 2024). Revenue: JP¥1.31b (up 6.3% from 2Q 2024). Net income: JP¥204.0m (up 20% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 10 March 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (2.6%). Duyuru • Dec 05
Toyo Drilube Co., Ltd. to Report Q2, 2025 Results on Feb 14, 2025 Toyo Drilube Co., Ltd. announced that they will report Q2, 2025 results on Feb 14, 2025 Reported Earnings • Oct 03
Full year 2024 earnings released: EPS: JP¥466 (vs JP¥251 in FY 2023) Full year 2024 results: EPS: JP¥466 (up from JP¥251 in FY 2023). Revenue: JP¥4.70b (up 22% from FY 2023). Net income: JP¥617.0m (up 86% from FY 2023). Profit margin: 13% (up from 8.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Sep 27
Toyo Drilube Co., Ltd. to Report Q1, 2025 Results on Nov 14, 2024 Toyo Drilube Co., Ltd. announced that they will report Q1, 2025 results on Nov 14, 2024 Duyuru • Aug 09
Toyo Drilube Co., Ltd., Annual General Meeting, Sep 27, 2024 Toyo Drilube Co., Ltd., Annual General Meeting, Sep 27, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,817, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 4.1% over the past three years. Duyuru • Jun 28
Toyo Drilube Co., Ltd. to Report Fiscal Year 2024 Results on Aug 09, 2024 Toyo Drilube Co., Ltd. announced that they will report fiscal year 2024 results on Aug 09, 2024 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 11 September 2024. Payout ratio is a comfortable 5.7% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.3%). Reported Earnings • May 17
Third quarter 2024 earnings released: EPS: JP¥95.16 (vs JP¥55.89 in 3Q 2023) Third quarter 2024 results: EPS: JP¥95.16 (up from JP¥55.89 in 3Q 2023). Revenue: JP¥1.17b (up 23% from 3Q 2023). Net income: JP¥126.0m (up 70% from 3Q 2023). Profit margin: 11% (up from 7.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Mar 28
Toyo Drilube Co., Ltd. to Report Q3, 2024 Results on May 13, 2024 Toyo Drilube Co., Ltd. announced that they will report Q3, 2024 results on May 13, 2024 Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥3,505, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 36% over the past three years. Reported Earnings • Feb 17
Second quarter 2024 earnings released: EPS: JP¥128 (vs JP¥61.93 in 2Q 2023) Second quarter 2024 results: EPS: JP¥128 (up from JP¥61.93 in 2Q 2023). Revenue: JP¥1.23b (up 29% from 2Q 2023). Net income: JP¥170.0m (up 107% from 2Q 2023). Profit margin: 14% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Feb 15
Toyo Drilube Co., Ltd. to Report Q2, 2024 Results on Feb 14, 2024 Toyo Drilube Co., Ltd. announced that they will report Q2, 2024 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥27.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 11 March 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,800, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 28% over the past three years. Duyuru • Sep 28
Toyo Drilube Co., Ltd. to Report Q1, 2024 Results on Nov 14, 2023 Toyo Drilube Co., Ltd. announced that they will report Q1, 2024 results on Nov 14, 2023 Reported Earnings • Aug 12
Full year 2023 earnings released: EPS: JP¥251 (vs JP¥434 in FY 2022) Full year 2023 results: EPS: JP¥251 (down from JP¥434 in FY 2022). Revenue: JP¥3.87b (up 5.5% from FY 2022). Net income: JP¥332.0m (down 42% from FY 2022). Profit margin: 8.6% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Duyuru • Aug 12
Toyo Drilube Co., Ltd., Annual General Meeting, Sep 28, 2023 Toyo Drilube Co., Ltd., Annual General Meeting, Sep 28, 2023. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥24.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 12 September 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.5%). Duyuru • Jun 10
Toyo Drilube Co., Ltd. to Report Fiscal Year 2023 Results on Aug 10, 2023 Toyo Drilube Co., Ltd. announced that they will report fiscal year 2023 results on Aug 10, 2023 Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: JP¥61.93 (vs JP¥153 in 2Q 2022) Second quarter 2023 results: EPS: JP¥61.93 (down from JP¥153 in 2Q 2022). Revenue: JP¥956.0m (down 2.6% from 2Q 2022). Net income: JP¥82.0m (down 59% from 2Q 2022). Profit margin: 8.6% (down from 21% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Dec 28
Toyo Drilube Co., Ltd. to Report Q2, 2023 Results on Feb 10, 2023 Toyo Drilube Co., Ltd. announced that they will report Q2, 2023 results on Feb 10, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 06 March 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.0%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Hidemi Yamaguchi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 11
First quarter 2023 earnings released: EPS: JP¥45.32 (vs JP¥97.43 in 1Q 2022) First quarter 2023 results: EPS: JP¥45.32 (down from JP¥97.43 in 1Q 2022). Revenue: JP¥922.0m (up 1.1% from 1Q 2022). Net income: JP¥60.0m (down 54% from 1Q 2022). Profit margin: 6.5% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Duyuru • Aug 28
Toyo Drilube Co., Ltd. to Report Q1, 2023 Results on Nov 15, 2022 Toyo Drilube Co., Ltd. announced that they will report Q1, 2023 results on Nov 15, 2022 Reported Earnings • Aug 13
Full year 2022 earnings released: EPS: JP¥434 (vs JP¥341 in FY 2021) Full year 2022 results: EPS: JP¥434 (up from JP¥341 in FY 2021). Revenue: JP¥3.67b (down 43% from FY 2021). Net income: JP¥575.0m (up 27% from FY 2021). Profit margin: 16% (up from 7.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 12
Toyo Drilube Co., Ltd., Annual General Meeting, Sep 29, 2022 Toyo Drilube Co., Ltd., Annual General Meeting, Sep 29, 2022. Duyuru • Jul 03
Toyo Drilube Co., Ltd. to Report Fiscal Year 2022 Results on Aug 10, 2022 Toyo Drilube Co., Ltd. announced that they will report fiscal year 2022 results on Aug 10, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 13 September 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.0%). Reported Earnings • May 19
Third quarter 2022 earnings released: EPS: JP¥119 (vs JP¥159 in 3Q 2021) Third quarter 2022 results: EPS: JP¥119 (down from JP¥159 in 3Q 2021). Revenue: JP¥916.0m (down 46% from 3Q 2021). Net income: JP¥158.0m (down 25% from 3Q 2021). Profit margin: 17% (up from 12% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. No independent directors (8 non-independent directors). Director & General Manager of Management Department Shigeo Suzuki was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Apr 08
Toyo Drilube Co., Ltd. to Report Q3, 2022 Results on May 13, 2022 Toyo Drilube Co., Ltd. announced that they will report Q3, 2022 results on May 13, 2022 Reported Earnings • Feb 14
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥153 (up from JP¥146 in 2Q 2021). Revenue: JP¥982.0m (down 42% from 2Q 2021). Net income: JP¥202.0m (up 4.7% from 2Q 2021). Profit margin: 21% (up from 12% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 07 March 2022. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.2%). Reported Earnings • Nov 07
First quarter 2022 earnings released: EPS JP¥97.43 (vs JP¥5.29 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥912.0m (down 34% from 1Q 2021). Net income: JP¥129.0m (up JP¥122.0m from 1Q 2021). Profit margin: 14% (up from 0.5% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS JP¥341 (vs JP¥197 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥6.38b (up 13% from FY 2020). Net income: JP¥452.0m (up 73% from FY 2020). Profit margin: 7.1% (up from 4.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 15
Full year 2021 earnings released: EPS JP¥341 (vs JP¥197 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥6.38b (up 13% from FY 2020). Net income: JP¥452.0m (up 73% from FY 2020). Profit margin: 7.1% (up from 4.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 September 2021. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (2.1%). Reported Earnings • May 14
Third quarter 2021 earnings released: EPS JP¥159 (vs JP¥45.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.70b (up 13% from 3Q 2020). Net income: JP¥210.0m (up 250% from 3Q 2020). Profit margin: 12% (up from 4.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 14
Second quarter 2021 earnings released: EPS JP¥146 (vs JP¥83.84 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥1.68b (up 11% from 2Q 2020). Net income: JP¥193.0m (up 74% from 2Q 2020). Profit margin: 12% (up from 7.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,670, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 16.1x. This compares to an average P/E of 17x in the Chemicals industry in Japan. Total return to shareholders over the past three years is a loss of 49%. Is New 90 Day High Low • Feb 12
New 90-day high: JP¥2,670 The company is up 12% from its price of JP¥2,381 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Duyuru • Jan 23
Toyo Drilube Co., Ltd. to Report Q2, 2021 Results on Feb 10, 2021 Toyo Drilube Co., Ltd. announced that they will report Q2, 2021 results on Feb 10, 2021 Upcoming Dividend • Dec 22
Upcoming Dividend of JP¥20.00 Per Share Will be paid on the 8th of March to those who are registered shareholders by the 29th of December. The trailing yield of 1.8% is below the top quartile of Japanese dividend payers (3.0%), and is lower than industry peers (2.0%). Reported Earnings • Nov 11
First quarter 2021 earnings released: EPS JP¥5.29 The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥1.37b (down 7.1% from 1Q 2020). Net income: JP¥7.00m (down 91% from 1Q 2020). Profit margin: 0.5% (down from 5.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Duyuru • Nov 08
Toyo Drilube Co., Ltd. to Report Q1, 2021 Results on Nov 09, 2020 Toyo Drilube Co., Ltd. announced that they will report Q1, 2021 results on Nov 09, 2020 Reported Earnings • Oct 03
Full year earnings released - EPS JP¥197 Over the last 12 months the company has reported total profits of JP¥261.0m, down 48% from the prior year. Total revenue was JP¥5.64b over the last 12 months, up 1.7% from the prior year. Profit margins were 4.6%, which is lower than the 9.1% margin from last year. The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Sep 29
New 90-day high: JP¥2,500 The company is up 16% from its price of JP¥2,150 on 01 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 11% over the same period. Duyuru • Jun 28
Toyo Drilube Co., Ltd. to Report Fiscal Year 2020 Results on Aug 07, 2020 Toyo Drilube Co., Ltd. announced that they will report fiscal year 2020 results on Aug 07, 2020