Toda Kogyo Corp. (4100) AI Stock Analysis

• Market Cap: ¥8.15B
• Dividend Yield: N/A
• Average Volume (3M): 19.88K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• Revenue Growth: 15.71%
• EPS Growth: 12.28%
• Country: JP
• Employees: 1,112
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Chemicals - Specialty
• EPS (TTM): -19.47
• Shares Outstanding: 6,099,192
• 10 Day Avg. Volume: 15,670
• 30 Day Avg. Volume: 19,880
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥1,371.00
• Price Target Upside: -2.97% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: ¥1,371.00 ▼(-2.97% Downside)

The overall stock score reflects a mixed financial performance with significant profitability challenges and high leverage. While technical indicators show some positive trends, the negative valuation metrics highlight concerns about the company's current financial health.

Toda Kogyo Corp. Business Overview & Revenue Model

Company Description

Toda Kogyo Corp. is a Japanese company that operates primarily in the chemical industry. The company is engaged in the manufacturing and sale of functional materials, with a focus on iron oxide products, electronic materials, and environmental materials. Toda Kogyo is known for its expertise in producing high-quality magnetic materials and pigments, which are utilized in various sectors including electronics, automotive, and construction.

How the Company Makes Money

Toda Kogyo Corp. generates revenue through the production and sale of its core products, which include iron oxide pigments, used in a variety of applications such as paints, coatings, and plastics. The company also produces magnetic materials, which are essential components in electronic devices like smartphones and hard disk drives. Additionally, Toda Kogyo manufactures environmental materials, contributing to its revenue through products that support environmental protection and energy conservation. The company's earnings are further bolstered by strategic partnerships and collaborations with other firms in the chemical and electronics industries, which help expand its market reach and innovation capabilities.

Toda Kogyo Corp. Financial Statement Overview

Summary

Toda Kogyo Corp. shows a mixed financial performance with fluctuating revenue and persistent negative margins. While there are improvements in revenue and free cash flow, profitability challenges and high leverage pose significant financial risks.

Income Statement

Toda Kogyo Corp. has demonstrated fluctuating revenue over the past years, with a recent decline from 2023 to 2024 and a partial recovery in 2025. The company shows negative net and EBIT margins for the latest year, indicating profitability challenges. Despite a strong gross profit margin, the negative EBITDA reflects difficulties in managing operating expenses effectively.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio, signaling significant leverage. However, the equity ratio indicates a stable level of stockholder equity relative to total assets. The return on equity is negative due to the net losses, which is a concern for investors seeking returns.

Cash Flow

There is noticeable volatility in operating cash flows, with an improvement in 2025. The company has managed to generate positive free cash flow in the latest year, an improvement from past negative figures. Nonetheless, the operating cash flow to net income ratio suggests challenges in converting accounting profits to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	31.67B	31.67B	26.23B	34.93B	35.33B	29.02B
Gross Profit	5.58B	5.58B	5.87B	7.46B	8.00B	4.78B
EBITDA	-1.48B	-1.48B	-1.48B	5.61B	5.02B	-2.41B
Net Income	-3.56B	-3.56B	-3.58B	3.27B	3.12B	-4.14B
Balance Sheet
Total Assets	50.67B	50.67B	53.71B	52.02B	51.29B	41.78B
Cash, Cash Equivalents and Short-Term Investments	8.08B	8.08B	8.16B	8.48B	7.96B	6.63B
Total Debt	27.76B	27.76B	27.32B	25.73B	24.66B	23.20B
Total Liabilities	38.89B	38.89B	39.19B	35.46B	37.33B	32.41B
Stockholders Equity	11.13B	11.13B	13.96B	15.93B	12.52B	8.20B
Cash Flow
Free Cash Flow	0.00	1.04B	-2.03B	-937.00M	149.00M	-413.00M
Operating Cash Flow	0.00	3.96B	-645.00M	833.00M	903.00M	612.00M
Investing Cash Flow	0.00	-1.89B	-1.43B	-375.00M	-1.14B	-1.22B
Financing Cash Flow	0.00	-2.13B	1.18B	187.00M	913.00M	1.42B

Toda Kogyo Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1413.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4100, the sentiment is Positive. The current price of 1413 is below the 20-day moving average (MA) of 1430.90, above the 50-day MA of 1355.34, and above the 200-day MA of 1190.07, indicating a neutral trend. The MACD of 8.59 indicates Positive momentum. The RSI at 53.33 is Neutral, neither overbought nor oversold. The STOCH value of 46.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4100.

Toda Kogyo Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4624	77 Outperform	¥5.43B	11.96		1.40%	1.47%	17.40%
4629	75 Outperform	¥7.07B	10.92		2.61%	4.93%	4.12%
4119	73 Outperform	¥5.64B	1.10		2.81%	52.18%	-118.98%
4623	73 Outperform	¥6.56B	9.25		3.48%	-4.33%	58.53%
Sector *	61 Neutral	$10.27B	6.37	0.76%	2.91%	3.10%	-36.03%
4100	50 Neutral	¥8.15B	―		―	15.71%	12.28%
4615	49 Neutral	¥4.53B	20.50		―	8.91%	-42.21%

Toda Kogyo Corp. Corporate Events

Toda Kogyo Corp. Reports Increased Sales but Continued Losses in FY2025

Toda Kogyo Corp. reported consolidated financial results for the year ending March 31, 2025, showing a significant increase in net sales by 20.7% to ¥31,667 million. However, the company faced operating and ordinary losses, with a profit attributable to owners of the parent at a loss of ¥3,563 million. The financial position weakened with a decrease in total assets and net assets, and no dividends were declared for the fiscal year. The forecast for the next fiscal year anticipates a decline in net sales and a slight recovery in profitability, indicating challenges in market conditions and operational efficiency.