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Toa Road Corporation ( (JP:1882) ) has shared an update.
Toa Road Corporation reported a 4.1% decline in net sales to ¥121.3 billion for the fiscal year ended March 31, 2026, but improved profitability with operating profit up 15.4% to ¥5.8 billion and ordinary profit up 15.2% to ¥6.0 billion. Profit attributable to owners of parent fell 17.0% to ¥3.4 billion, ROE eased to 6.3%, and total assets slipped to ¥88.5 billion, while cash and cash equivalents rose to ¥13.9 billion on strong operating cash flow.
The company kept its annual dividend at ¥90 per share, implying a higher consolidated payout ratio of 122.2% amid weaker earnings, and plans the same level for the year ending March 31, 2027. For the coming fiscal year, Toa Road forecasts a recovery in top-line growth to 7.1% with net sales of ¥130.0 billion and expects profit attributable to owners of parent to rebound 23.6% to ¥4.2 billion, signaling management’s confidence in improving margins and sustained shareholder returns despite a softer balance sheet.
More about Toa Road Corporation
Toa Road Corporation is a Japanese construction company listed on the Tokyo Stock Exchange, operating primarily in road-related civil engineering and paving works. The company focuses on domestic infrastructure demand, offering construction and maintenance services that are closely tied to public and private-sector capital investment cycles.
Average Trading Volume: 263,458
Technical Sentiment Signal: Buy
Current Market Cap: Yen81.45B
See more data about 1882 stock on TipRanks’ Stock Analysis page.