Toyo Shutter Co., Ltd. (5936) AI Stock Analysis

• Market Cap: ¥5.06B
• Dividend Yield: 4.75%
• Average Volume (3M): 16.27K
• Price to Earnings (P/E): 6.4
• Beta (1Y): 0.72
• Revenue Growth: -2.87%
• EPS Growth: -17.46%
• Country: JP
• Employees: 518
• Sector: Industrials
• Sector Strength: 83
• Industry: Construction
• EPS (TTM): 41.39
• Shares Outstanding: 6,387,123
• 10 Day Avg. Volume: 23,270
• 30 Day Avg. Volume: 16,273
• PEG Ratio: 0.17
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.05
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ¥863.00 ▲(8.15%Upside)

The overall stock score reflects a balanced assessment of strong valuation metrics, stable financial performance, and neutral technical indicators. The low P/E ratio and high dividend yield are significant positives, despite recent challenges in cash flow and operating margins.

Toyo Shutter Co., Ltd. Business Overview & Revenue Model

Company Description

Toyo Shutter Co., Ltd. manufactures, installs, and sells various building materials in Japan. It provides heavy, lightweight, aluminum, high speed sheet, and high speed shutters; over, hanger, steel, entrance, and special doors; disaster prevention, compact type, bill fine, and other products; hardware; shutter blinds; lever handles; and building exterior repair systems. The company was founded in 1955 and is headquartered in Osaka, Japan.

How the Company Makes Money

Toyo Shutter Co., Ltd. generates revenue primarily through the sale of its shutter and door products. The company's key revenue streams include the production and distribution of a wide range of shutters, such as fireproof, waterproof, and soundproof shutters, as well as other building materials. Toyo Shutter also engages in direct sales to contractors and builders, which forms a significant part of its income. Additionally, the company may have partnerships with construction firms and real estate developers, contributing to its earnings through collaborative projects and bulk sales. Toyo Shutter's focus on quality and innovation helps maintain its competitive edge, driving sales and sustaining revenue growth.

Toyo Shutter Co., Ltd. Financial Statement Overview

Summary

Toyo Shutter Co., Ltd. shows stable revenue and profit growth with a strong balance sheet. However, recent declines in operating margins and cash flow indicate challenges in managing expenses and liquidity, which require attention for future stability.

Income Statement

The company has demonstrated consistent revenue growth over the years, although the recent year shows a slight decline. Gross profit margin has been stable, and net profit margin shows a positive trend, indicating improving operational efficiency. However, the decline in EBIT and EBITDA margins in the latest year is a concern, suggesting challenges in managing operating expenses.

Balance Sheet

The balance sheet is strong with a solid equity base, as evidenced by a high equity ratio. The debt-to-equity ratio is reasonable, indicating moderate leverage. Return on equity has shown improvement over the years, reflecting efficient use of shareholder funds. The stable asset base with increasing stockholders' equity suggests financial stability.

Cash Flow

The cash flow situation is mixed. While free cash flow was positive in previous years, the latest year shows a negative free cash flow, highlighting potential liquidity challenges. The operating cash flow to net income ratio has deteriorated, indicating less cash being generated from operations relative to net income. Despite past growth, current cash flow issues need attention.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
20.58B	20.87B	21.49B	20.69B	19.74B	19.71B
	Gross Profit
5.80B	5.70B	6.01B	5.04B	4.65B	4.78B
	EBIT
1.36B	1.30B	1.48B	865.07M	689.49M	617.80M
	EBITDA
1.68B	1.75B	1.81B	1.26B	1.12B	1.16B
	Net Income Common Stockholders
873.96M	792.00M	959.63M	559.00M	412.78M	420.88M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.96B	3.80B	4.70B	3.48B	2.95B	2.24B
	Total Assets
20.23B	18.72B	20.33B	18.67B	17.74B	16.81B
	Total Debt
4.63B	4.63B	4.52B	4.14B	4.28B	4.48B
	Net Debt
-337.00M	832.00M	-177.27M	663.50M	1.34B	2.24B
	Total Liabilities
10.92B	9.22B	11.35B	10.73B	10.22B	9.63B
	Stockholders Equity
9.30B	9.49B	8.98B	7.93B	7.52B	7.18B
Cash Flow		Free Cash Flow
0.00	-280.00M	1.40B	1.09B	1.24B	399.27M
	Operating Cash Flow
0.00	-223.00M	1.54B	1.12B	1.28B	530.27M
	Investing Cash Flow
0.00	-66.00M	-146.03M	-141.11M	-42.94M	-123.94M
	Financing Cash Flow
0.00	-609.00M	-173.50M	-448.95M	-530.28M	-448.00M

Toyo Shutter Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 798.00
• 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:5936, the sentiment is Neutral. The current price of 798 is below the 20-day moving average (MA) of 802.65, above the 50-day MA of 786.94, and above the 200-day MA of 774.66, indicating a neutral trend. The MACD of 3.50 indicates Positive momentum. The RSI at 49.87 is Neutral, neither overbought nor oversold. The STOCH value of 24.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:5936.

Toyo Shutter Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
5936	69 Neutral	¥5.06B	6.39		4.75%	-2.87%	-17.46%
Sector *	66 Neutral	$4.46B	12.15	5.40%	4.71%	4.16%	-11.97%
JSGCF		$3.18B	244.75	0.35%	0.04%	―	―
SNWAF		$7.38B	20.03	18.79%	0.01%	―	―
7VK		€930.14M	11.86	12.17%	3.41%	―	―
5940	67 Neutral	¥8.39B	3.79		3.74%	3.45%	29.84%
5932	54 Neutral	¥19.13B	―		4.10%	-0.87%	-288.95%