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Toyo Tec

TSE:9686
Snowflake Description

Adequate balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9686
TSE
¥12B
Market Cap
  1. Home
  2. JP
  3. Commercial Services
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.
Price Volatility
9686
Industry
5yr Volatility vs Market

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.

TSE:9686 Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for TSE:9686
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.

TSE:9686 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ¥28 / (5.47% - -0.09%)
¥503.26
TSE:9686 Discount to Share Price
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
TSE:9686 PE (Price to Earnings) Ratio Data Sources
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.

TSE:9686 PE (Price to Earnings) Ratio Calculation
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
TSE:9686 PEG (Price to Earnings to Growth) Ratio Data Sources
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
TSE:9686 PB (Price to Book) Ratio Data Sources
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
TSE:9686 PB (Price to Book) Ratio Calculation
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:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. 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!
Annual Growth Rate
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
TSE:9686 Future Growth Rates Data Sources
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
TSE:9686 Analysts Growth Expectations Data Sources
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 numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:9686 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSE:9686 Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Unable to determine if Toyo Tec is high growth as no earnings estimate data is available.
  • Unable to determine if Toyo Tec is high growth as no revenue estimate data is available.
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
TSE:9686 Past and Future Earnings per Share
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.

TSE:9686 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSE:9686 Past Financials Data
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.

Next steps:

  1. Examine whether Toyo Tec is trading at Toyo Tec'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Toyo Tec's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Toyo Tec's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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.

TSE:9686 Past Revenue, Cash Flow and Net Income Data
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
Past performance checks
We assess Toyo Tec's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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.

TSE:9686 Past Debt and Equity Data
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
Financial health checks
We assess Toyo Tec's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Toyo Tec has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
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.
Dividend payment calendar
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
TSE:9686 Annualized Past and Future Dividends
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.

TSE:9686 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
TSE:9686 Past Annualized Dividends Data
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).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Toyo Tec's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

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

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 Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess Toyo Tec's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 News

Simply Wall St News

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
Staff numbers
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.