Toyo Tec
TSE:9686
9686
TSE
¥12B
Market Cap
Company description
Toyo Tec Co. Ltd. provides security services in Japan. The last earnings update was 32 days ago. More info.
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9686 Share Price and Events
7 Day Returns
2.4%
TSE:9686
0.7%
JP Commercial Services
0.1%
JP Market
1 Year Returns
-1.9%
TSE:9686
8%
JP Commercial Services
8.3%
JP Market
9686 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Toyo Tec (9686) | 2.4% | 2.4% | 3.4% | -1.9% | 5.3% | 11.7% |
| JP Commercial Services | 0.7% | 2.6% | 12.1% | 8% | 16.5% | 47.7% |
| JP Market | 0.1% | 1.1% | 10% | 8.3% | 14% | 28% |
1 Year Return vs Industry and Market
- 9686 underperformed the Commercial Services industry which returned 8% over the past year.
- 9686 underperformed the Market in Japan which returned 8.3% over the past year.
9686 Value
Is Toyo Tec undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Toyo Tec
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for Toyo Tec.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Dividend Discount Model | |
| Dividend Per Share | Company Filings (2019-09-30) in JPY | ¥ 28.000000 |
| Payout Ratio | Company Filings (2019-09-30) | 4907.6% |
| Discount Rate (Cost of Equity) | See below | 5.5% |
| Perpetual Growth Rate | 10-Year JP Government Bond Rate | -0.1% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year JP Govt Bond Rate | -0.1% |
| Equity Risk Premium | S&P Global | 6.3% |
| Commercial Services Unlevered Beta | Simply Wall St/ S&P Global | 0.67 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.667 (1 + (1- 30.86%) (33.04%)) |
0.879 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.88 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (0.879 * 6.33%) |
5.47% |
Discounted Cash Flow Calculation for TSE:9686 using Dividend Discount Model Model
The calculations below outline how an intrinsic value for Toyo Tec is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).
If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Value per share |
= Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥28 / (5.47% - -0.09%) |
¥503.26 |
| Calculation | Result | |
|---|---|---|
| Value per share (JPY) | From above. | ¥503.26 |
| Current discount | Discount to share price of
¥1,162.00
= -1 x (¥1,162.00 - ¥503.26) / ¥503.26 |
-130.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Toyo Tec is above its future cash flow value.
Often investors are willing to pay a
premium
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Toyo Tec's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Toyo Tec's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-09-30) in JPY | ¥106.69 |
| TSE:9686 Share Price ** | TSE (2019-12-09) in JPY | ¥1162 |
| Japan Commercial Services Industry PE Ratio | Median Figure of 106 Publicly-Listed Commercial Services Companies | 18.35x |
| Japan Market PE Ratio | Median Figure of 3,068 Publicly-Listed Companies | 15.6x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Toyo Tec.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSE:9686 Share Price ÷ EPS (both in JPY) = 1162 ÷ 106.69 |
10.89x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Toyo Tec is good value based on earnings compared to the JP Commercial Services industry average.
- Toyo Tec is good value based on earnings compared to the Japan market.
Price based on expected Growth
Does
Toyo Tec's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 10.89x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Japan Commercial Services Industry PEG Ratio | Median Figure of 38 Publicly-Listed Commercial Services Companies | 2.04x |
| Japan Market PEG Ratio | Median Figure of 1,367 Publicly-Listed Companies | 1.88x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Toyo Tec, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Toyo Tec's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-09-30) in JPY | ¥2,023.64 |
| TSE:9686 Share Price * | TSE (2019-12-09) in JPY | ¥1162 |
| Japan Commercial Services Industry PB Ratio | Median Figure of 123 Publicly-Listed Commercial Services Companies | 1.15x |
| Japan Market PB Ratio | Median Figure of 3,527 Publicly-Listed Companies | 1.13x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSE:9686 Share Price ÷ Book Value per Share (both in JPY) = 1162 ÷ 2,023.64 |
0.57x |
* Primary Listing of Toyo Tec.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Toyo Tec is good value based on assets compared to the JP Commercial Services industry average.
X
Value checks
We assess Toyo Tec's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check) Toyo Tec has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
9686 Future Performance
How is Toyo Tec expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Toyo Tec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
5.4%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Toyo Tec
expected to grow at an
attractive
rate?
- Unable to compare Toyo Tec's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Toyo Tec's earnings growth to the Japan market average as no estimate data is available.
- Unable to compare Toyo Tec's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| Japan Commercial Services Industry Earnings Growth Rate | Market Cap Weighted Average | 5.4% |
| Japan Commercial Services Industry Revenue Growth Rate | Market Cap Weighted Average | 3.3% |
| Japan Market Earnings Growth Rate | Market Cap Weighted Average | 9.4% |
| Japan Market Revenue Growth Rate | Market Cap Weighted Average | 3.6% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
Raw Data
All numbers in JPY Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in JPY Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
| Date (Data in JPY Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-09-30 | 24,552 | -13 | 1,118 |
| 2019-06-30 | 23,680 | 866 | |
| 2019-03-31 | 23,233 | 386 | 705 |
| 2018-12-31 | 22,780 | 760 | |
| 2018-09-30 | 22,508 | 1,371 | 665 |
| 2018-06-30 | 22,339 | 660 | |
| 2018-03-31 | 22,184 | 1,762 | 595 |
| 2017-12-31 | 22,169 | 523 | |
| 2017-09-30 | 21,823 | 1,213 | 500 |
| 2017-06-30 | 21,526 | 458 | |
| 2017-03-31 | 21,274 | 107 | 471 |
| 2016-12-31 | 20,957 | 260 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Toyo Tec Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in JPY Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
| Date (Data in JPY Millions) | EPS * |
|---|---|
| 2019-09-30 | 106.69 |
| 2019-06-30 | 82.28 |
| 2019-03-31 | 66.75 |
| 2018-12-31 | 71.73 |
| 2018-09-30 | 62.55 |
| 2018-06-30 | 62.17 |
| 2018-03-31 | 56.11 |
| 2017-12-31 | 49.37 |
| 2017-09-30 | 47.24 |
| 2017-06-30 | 43.32 |
| 2017-03-31 | 44.59 |
| 2016-12-31 | 24.64 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Toyo Tec will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Toyo Tec has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Future performance checks
We assess Toyo Tec's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Toyo Tec has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
9686 Past Performance
How has Toyo Tec performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Below we compare
Toyo Tec's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- Toyo Tec's year on year earnings growth rate has been positive over the past 5 years.
- Toyo Tec's 1-year earnings growth exceeds its 5-year average (68.1% vs 19.5%)
- Toyo Tec's earnings growth has exceeded the JP Commercial Services industry average in the past year (68.1% vs 4.4%).
Earnings and Revenue History
Toyo Tec's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from Toyo Tec Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in JPY Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-09-30 | 24,552.00 | 1,118.00 | 4,059.00 | |
| 2019-06-30 | 23,680.00 | 866.00 | 4,006.00 | |
| 2019-03-31 | 23,233.00 | 705.00 | 3,901.00 | |
| 2018-12-31 | 22,780.00 | 760.00 | 3,855.00 | |
| 2018-09-30 | 22,508.00 | 665.00 | 3,837.00 | |
| 2018-06-30 | 22,339.00 | 660.00 | 3,790.00 | |
| 2018-03-31 | 22,184.00 | 595.00 | 3,772.00 | |
| 2017-12-31 | 22,169.00 | 523.00 | 3,774.00 | |
| 2017-09-30 | 21,823.00 | 500.00 | 3,742.00 | |
| 2017-06-30 | 21,526.00 | 458.00 | 3,753.00 | |
| 2017-03-31 | 21,274.00 | 471.00 | 3,751.00 | |
| 2016-12-31 | 20,957.00 | 260.00 | 3,853.00 | |
| 2016-09-30 | 20,891.00 | 269.00 | 3,794.00 | |
| 2016-06-30 | 20,948.00 | 321.00 | 3,711.00 | |
| 2016-03-31 | 20,818.00 | 314.00 | 3,664.00 | |
| 2015-12-31 | 20,446.00 | 444.00 | 3,526.00 | |
| 2015-09-30 | 20,390.00 | 461.00 | 3,490.00 | |
| 2015-06-30 | 20,103.00 | 447.00 | 3,437.00 | |
| 2015-03-31 | 19,841.00 | 444.00 | 3,373.00 | |
| 2014-12-31 | 19,622.00 | 434.00 | 3,317.00 | |
| 2014-09-30 | 19,611.00 | 418.00 | 3,266.00 | |
| 2014-06-30 | 19,427.00 | 427.00 | 3,221.00 | |
| 2014-03-31 | 19,322.00 | 447.00 | 3,155.00 | |
| 2013-12-31 | 19,105.00 | 449.00 | 3,119.00 | |
| 2013-09-30 | 18,674.00 | 406.00 | 3,090.00 | |
| 2013-06-30 | 18,516.00 | 339.00 | 3,084.00 | |
| 2013-03-31 | 18,383.00 | 334.00 | 3,083.00 | |
| 2012-12-31 | 18,324.00 | 276.00 | 3,117.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Toyo Tec has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Toyo Tec used its assets less efficiently than the JP Commercial Services industry average last year based on Return on Assets.
- Toyo Tec has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Toyo Tec has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Past performance checks
We assess Toyo Tec's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Toyo Tec has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
9686 Health
How is Toyo Tec's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Toyo Tec's finances.
The net worth of a company is the difference between its assets and liabilities.
- Toyo Tec is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Toyo Tec's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Toyo Tec's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data
All data from Toyo Tec Company Filings, last reported 2 months ago.
| Date (Data in JPY Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-09-30 | 21,195.00 | 4,061.00 | 11,527.00 |
| 2019-06-30 | 20,843.00 | 3,620.00 | 12,285.00 |
| 2019-03-31 | 20,810.00 | 3,649.00 | 12,154.00 |
| 2018-12-31 | 20,465.00 | 3,178.00 | 14,218.00 |
| 2018-09-30 | 21,178.00 | 2,127.00 | 12,025.00 |
| 2018-06-30 | 21,012.00 | 2,153.00 | 11,023.00 |
| 2018-03-31 | 20,549.00 | 2,158.00 | 11,143.00 |
| 2017-12-31 | 20,373.00 | 3,030.00 | 13,836.00 |
| 2017-09-30 | 20,170.00 | 2,030.00 | 11,648.00 |
| 2017-06-30 | 19,746.00 | 2,055.00 | 10,696.00 |
| 2017-03-31 | 19,544.00 | 2,055.00 | 10,730.00 |
| 2016-12-31 | 19,403.00 | 2,088.00 | 11,735.00 |
| 2016-09-30 | 19,227.00 | 1,093.00 | 9,911.00 |
| 2016-06-30 | 19,008.00 | 126.00 | 8,777.00 |
| 2016-03-31 | 19,279.00 | 134.00 | 9,787.00 |
| 2015-12-31 | 19,405.00 | 201.00 | 12,120.00 |
| 2015-09-30 | 19,775.00 | 491.00 | 10,601.00 |
| 2015-06-30 | 19,808.00 | 405.00 | 10,613.00 |
| 2015-03-31 | 19,473.00 | 412.00 | 11,048.00 |
| 2014-12-31 | 19,048.00 | 295.00 | 10,979.00 |
| 2014-09-30 | 18,878.00 | 300.00 | 10,768.00 |
| 2014-06-30 | 18,753.00 | 333.00 | 10,021.00 |
| 2014-03-31 | 18,527.00 | 340.00 | 10,363.00 |
| 2013-12-31 | 18,392.00 | 376.00 | 9,870.00 |
| 2013-09-30 | 18,286.00 | 381.00 | 9,923.00 |
| 2013-06-30 | 17,914.00 | 416.00 | 9,344.00 |
| 2013-03-31 | 17,893.00 | 424.00 | 9,581.00 |
| 2012-12-31 | 17,512.00 | 657.00 | 9,791.00 |
- Toyo Tec's level of debt (19.2%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (1.6% vs 19.2% today).
- Operating cash flow is negative therefore debt is not well covered.
- Toyo Tec earns more interest than it pays, coverage of interest payments is not a concern.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Toyo Tec's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Toyo Tec has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
9686 Dividends
What is Toyo Tec's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
2.41%
Current annual income from
Toyo Tec
dividends.
If you bought
¥2,000 of
Toyo Tec
shares you are expected to receive
¥48
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Toyo Tec's pays a higher dividend yield than the bottom 25% of dividend payers in Japan (1.33%).
- Toyo Tec's dividend is below the markets top 25% of dividend payers in Japan (2.93%).
Upcoming dividend payment
Purchase Toyo Tec before the 'Ex-dividend' to receive their next dividend payment.
Dividends are usually paid every 3 or 6 months, you can time your share
purchase to take advantage of upcoming dividend payments.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Japan Commercial Services Industry Average Dividend Yield | Market Cap Weighted Average of 111 Stocks | 1.9% |
| Japan Market Average Dividend Yield | Market Cap Weighted Average of 2973 Stocks | 2.3% |
| Japan Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| Japan Bottom 25% Dividend Yield | 25th Percentile | 1.3% |
| Japan Top 25% Dividend Yield | 75th Percentile | 2.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ¥) | Dividend per Share (annual) | Avg. No. Analysts |
|---|
| Date (Data in ¥) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-08-01 | 28.000 | 2.472 |
| 2019-06-18 | 28.000 | 2.393 |
| 2019-05-09 | 28.000 | 2.448 |
| 2018-06-22 | 26.000 | 2.189 |
| 2018-05-10 | 26.000 | 2.035 |
| 2017-06-22 | 25.000 | 2.129 |
| 2017-05-10 | 25.000 | 2.197 |
| 2017-02-10 | 20.000 | 1.809 |
| 2017-02-01 | 20.000 | 1.815 |
| 2016-11-11 | 20.000 | 1.813 |
| 2016-11-02 | 20.000 | 1.812 |
| 2016-06-23 | 20.000 | 1.765 |
| 2016-05-10 | 20.000 | 1.669 |
| 2016-02-12 | 20.000 | 1.658 |
| 2016-02-02 | 20.000 | 1.701 |
| 2015-11-12 | 20.000 | 1.666 |
| 2015-11-06 | 40.000 | 3.322 |
| 2015-06-24 | 20.000 | 1.650 |
| 2015-05-12 | 20.000 | 1.769 |
| 2015-02-12 | 20.000 | 1.688 |
| 2015-02-02 | 20.000 | 1.762 |
| 2014-11-12 | 20.000 | 1.860 |
| 2014-11-07 | 20.000 | 2.004 |
| 2014-06-23 | 20.000 | 1.986 |
| 2014-05-09 | 20.000 | 2.104 |
| 2014-02-12 | 20.000 | 2.043 |
| 2014-01-29 | 20.000 | 1.911 |
| 2013-11-12 | 20.000 | 2.125 |
| 2013-11-08 | 20.000 | 2.182 |
| 2013-06-24 | 20.000 | 2.070 |
| 2013-05-10 | 20.000 | 1.976 |
| 2013-02-13 | 20.000 | 1.939 |
| 2013-01-30 | 20.000 | 1.668 |
| 2012-11-12 | 20.000 | 1.946 |
| 2012-11-09 | 20.000 | 2.000 |
| 2012-07-31 | 20.000 | 2.021 |
| 2012-06-25 | 20.000 | 2.035 |
| 2012-05-11 | 20.000 | 1.999 |
| 2012-02-10 | 20.000 | 1.979 |
| 2012-02-01 | 20.000 | 1.968 |
| 2011-11-14 | 20.000 | 1.928 |
| 2011-11-04 | 20.000 | 1.998 |
| 2011-07-27 | 20.000 | 1.989 |
| 2011-06-23 | 20.000 | 2.062 |
| 2011-05-12 | 20.000 | 2.161 |
| 2011-02-09 | 20.000 | 2.170 |
| 2011-01-28 | 20.000 | 2.231 |
| 2010-11-22 | 20.000 | 2.254 |
| 2010-11-10 | 20.000 | 2.326 |
| 2010-06-24 | 20.000 | 2.323 |
| 2010-05-10 | 20.000 | 2.344 |
| 2010-02-17 | 20.000 | 2.372 |
| 2010-01-29 | 20.000 | 2.479 |
| 2009-11-13 | 20.000 | 2.467 |
| 2009-11-10 | 20.000 | 2.408 |
| 2009-06-25 | 20.000 | 2.372 |
| 2009-02-12 | 20.000 | 2.431 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Toyo Tec's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are thoroughly covered by earnings (7.1x coverage).
- Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Toyo Tec's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Toyo Tec afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Toyo Tec has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
9686 Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
Takashi
Tanaka
| AGE | 67 |
| TENURE AS CEO | 8.5 years |
CEO Bio
Mr. Takashi Tanaka has been the President of Toyo Tec Co. Ltd since June 2011. Mr. Tanaka served as Vice President of Toyo Tec Co. Ltd. since June 2009. Mr. Tanaka joined Resona Bank, Ltd.(formerly The Daiwa Bank, Ltd.) in April 1975. He served as an Executive Officer and Head System Planning Office Operations Management Department of Resona Holdings Ltd. since October 2003. He served as an Executive Officer and Manager of Systems Department at Resona Bank, Ltd. since October 2003. He served as an Executive Officer and Manager of Systems Department at Resona Holdings Ltd. since April 2004. Mr. Tanaka served as an Executive Officer, Manager of Systems Department at Resona Bank, Ltd. since June 2005. He served as the President and Executive Officer of Resona Trust & Banking Co., Ltd. (now Resona Bank, Ltd.) since June 2006 and since April 2009. He served as an Executive Officer at Resona Holdings Ltd. since June 2006. Mr. Tanaka served as an Executive Officer of Resona Holdings Ltd. since April 2009. He served as an Advisor of Toyo Tec Co., Ltd. since June 2009. He has been a Representative Director at Toyo Tec Co. Ltd. since June 2009. Mr. Tanaka served as a Representative Director of Resona Trust & Banking Co., ltd. (now Resona Bank, Ltd. since June 2006) and again since April 2009.
CEO Compensation
- Insufficient data for Takashi to compare compensation growth.
- Insufficient data for Takashi to establish whether their remuneration is reasonable compared to companies of similar size in Japan.
Management Team Tenure
Average tenure and age of the Toyo Tec management team in years:
8.5
Average Tenure
66.5
Average Age
- The average tenure for the Toyo Tec management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Takashi Tanaka
TITLE
President and Representative Director
AGE
67
TENURE
8.5 yrs
Yutaka Okamoto
TITLE
Managing Executive Officer
Yoshihiko Nitta
TITLE
Senior Managing Executive Officer
AGE
67
TENURE
9.5 yrs
Masatoshi Murakami
TITLE
Managing Exec. Officer
AGE
63
TENURE
8.5 yrs
Tatsuro Saito
TITLE
Managing Executive Officer & GM of Management Division
Hideaki Umezawa
TITLE
Executive Officer
Junya Muranaka
TITLE
Executive Officer
Tetsuo Osaka
TITLE
Executive Officer and Manager of Headquarters - Sales Department
Iwaki Katsuhiro
TITLE
Executive Officer and Manager of Business Operation Division - Engineering Department
Hideo Morishita
TITLE
Managing Executive Officer
AGE
66
TENURE
5.7 yrs
Board of Directors Tenure
Average tenure and age of the Toyo Tec board of directors in years:
8.5
Average Tenure
65
Average Age
- The tenure for the Toyo Tec board of directors is about average.
Board of Directors
Nobuhiko Arai
TITLE
Chairman
AGE
73
TENURE
8.5 yrs
Takashi Tanaka
TITLE
President and Representative Director
AGE
67
TENURE
10.5 yrs
Yutaka Okamoto
TITLE
Managing Executive Officer
TENURE
4.5 yrs
Yoshihiko Nitta
TITLE
Senior Managing Executive Officer
AGE
67
TENURE
9.5 yrs
Masatoshi Murakami
TITLE
Managing Exec. Officer
AGE
63
TENURE
8.5 yrs
Hideo Morishita
TITLE
Managing Executive Officer
AGE
66
Shokichi Ishimura
TITLE
Outside Director
AGE
64
TENURE
0.5 yrs
Seisaku Asanaka
TITLE
External Director
TENURE
4.5 yrs
Sumiyuki Fukumitsu
TITLE
External Director
AGE
58
Ryo Miyanaga
TITLE
External Director
AGE
55
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (¥) | Value (¥) | |
|---|---|---|---|---|---|---|---|---|---|---|
X
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Management checks
We assess Toyo Tec's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Toyo Tec has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
9686 Company Info
Description
Toyo Tec Co. Ltd. provides security services in Japan. The company offers electronic, home, transport, and facility security services. It is also involved in the ATM management business; provision of management, insurance agency, building maintenance, and real estate brokerage services; and sale of construction equipment. The company was founded in 1966 and is headquartered in Osaka, Japan.
Details
| Name: | Toyo Tec Co. Ltd. |
| 9686 | |
| Exchange: | TSE |
| Founded: | 1966 |
| ¥12,367,990,592 | |
| 10,445,938 | |
| Website: | http://www.toyo-tec.co.jp |
| Address: |
Toyo Tec Co. Ltd. 1-7-18, Sakuragawa, Naniwa-ku, Osaka, 556-0022, Japan |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSE | 9686 | Common Shares | The Tokyo Stock Exchange | JP | JPY | 06. Jan 1992 |
Number of employees
Current staff
1,432
Toyo Tec
employees.
Industry
| Security and Alarm Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/12/10 14:42 |
| End of day share price update: | 2019/12/09 00:00 |
| Last estimates confirmation: | 2019/05/09 |
| Last earnings filing: | 2019/11/08 |
| Last earnings reported: | 2019/09/30 |
| Last annual earnings reported: | 2019/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
