Tokai Corp. (JP:9729)
:9729
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Tokai
(9729)
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Rating:64Neutral
Price Target:
¥2,527.00
▲(4.59% Upside)
Action:Downgraded
Date:05/14/26
The score is supported primarily by strong financial strength (especially low leverage) and reasonable valuation with a solid dividend yield. It is held back by weak technicals, with the stock trading below key moving averages and negative momentum indicators despite oversold readings.
Positive Factors
Low leverage / strong balance sheet
Very low debt (debt-to-equity ~2–4%) and substantial equity provide durable financial flexibility. This long-term conservative positioning supports capital spending, dividends and downside protection during cyclical weakness without needing frequent external financing, enhancing resilience.
Negative Factors
Inconsistent free cash flow
Periodic FCF swings weaken predictability of internal funding for growth and distributions. Variability driven by working-capital or investment timing raises planning risk, may force opportunistic financing in weak years and constrains smooth capital allocation over multi-quarter horizons.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt (debt-to-equity ~2–4%) and substantial equity provide durable financial flexibility. This long-term conservative positioning supports capital spending, dividends and downside protection during cyclical weakness without needing frequent external financing, enhancing resilience.
Read all positive factors
Tokai (9729) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥78.86B
Dividend Yield2.51%
Average Volume (3M)76.59K
Price to Earnings (P/E)13.2
Beta (1Y)0.77
Revenue Growth6.77%
EPS Growth33.83%
CountryJP
Employees4,254
SectorTechnology
Sector Strength88
IndustryRental & Leasing Services
Share Statistics
EPS (TTM)128.95
Shares Outstanding33,092,148
10 Day Avg. Volume40,720
30 Day Avg. Volume76,590
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)0.96
Price to Sales (P/S)0.50
P/FCF Ratio9.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)214.8
Revenue Forecast (FY)¥165.16B
Tokai Business Overview & Revenue Model
Company Description
Tokai (9729) is a Japanese company primarily engaged in the manufacturing and distribution of high-quality ceramics and glass products. Operating in various sectors, including construction materials, household goods, and industrial applications, T...
How the Company Makes Money
null...
Tokai Financial Statement Overview
Summary
Income Statement
73
Positive
Balance Sheet
86
Very Positive
Cash Flow
64
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 153.51B | 159.66B | 149.54B | 138.22B | 130.18B | 123.48B |
| Gross Profit | 36.31B | 38.78B | 35.44B | 33.64B | 31.92B | 30.98B |
| EBITDA | 13.60B | 14.52B | 13.30B | 12.76B | 11.86B | 12.21B |
| Net Income | 4.36B | 6.07B | 4.73B | 5.81B | 6.11B | 5.81B |
Balance Sheet | ||||||
| Total Assets | 114.05B | 114.69B | 113.95B | 114.93B | 110.78B | 105.90B |
| Cash, Cash Equivalents and Short-Term Investments | 25.22B | 26.48B | 26.89B | 31.69B | 37.01B | 36.16B |
| Total Debt | 2.05B | 3.22B | 2.65B | 2.35B | 2.87B | 3.40B |
| Total Liabilities | 27.58B | 30.26B | 28.10B | 28.14B | 28.56B | 28.38B |
| Stockholders Equity | 85.79B | 83.72B | 85.19B | 86.18B | 81.66B | 77.00B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 8.16B | 5.99B | -372.00M | 2.94B | 6.49B |
| Operating Cash Flow | 0.00 | 11.44B | 10.10B | 8.04B | 8.59B | 10.13B |
| Investing Cash Flow | 0.00 | -4.23B | -11.41B | -10.21B | -6.24B | -6.74B |
| Financing Cash Flow | 0.00 | -7.83B | -5.20B | -3.20B | -2.43B | -2.90B |
Tokai Technical Analysis
Negative
2416.00
Price Trends
2559.32
Negative
2531.60
Negative
2363.80
Positive
Market Momentum
-54.14
Positive
42.51
Neutral
42.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9729, the sentiment is Negative. The current price of 2416 is below the 20-day moving average (MA) of 2597.80, below the 50-day MA of 2559.32, and above the 200-day MA of 2363.80, indicating a neutral trend. The MACD of -54.14 indicates Positive momentum. The RSI at 42.51 is Neutral, neither overbought nor oversold. The STOCH value of 42.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9729.
Tokai Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥107.82B | 9.51 | ― | 2.85% | 1.06% | -7.68% | |
65 Neutral | ¥1.15T | 8.84 | ― | 3.37% | 6.51% | 30.56% | |
64 Neutral | ¥78.86B | 13.25 | ― | 2.51% | 6.77% | 33.83% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | ¥36.28B | 9.56 | ― | 3.90% | 53.30% | 35.91% | |
51 Neutral | ¥392.48B | 17.81 | ― | 3.62% | 16.26% | -52.33% |
* Technology Sector Average
JP:9729
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Tokai Corporate Events
Tokai Raises Dividend Payout Target and Adopts Progressive Dividend Policy
May 12, 2026
Tokai has revised its dividend policy to boost capital efficiency and enhance shareholder returns, following strong results for the year ended March 31, 2026 and a completed share buyback and retirement in November 2025. The company has raised its...
Tokai Corp. Outlines FY3/26 Results and FY3/27 Outlook
May 12, 2026
Tokai Corp. reported its financial results for the fiscal year ending March 31, 2026, highlighting consolidated trends in net sales, operating profit, financial position, cash flows and capital investments. The company also provided an outlook for...
Tokai lifts earnings and dividends as profits rise despite softer balance sheet metrics
May 12, 2026
Tokai Corp. reported consolidated net sales of ¥159.7 billion for the fiscal year ended March 31, 2026, up 6.8% year on year, with operating profit rising 14.5% to ¥9.38 billion and profit attributable to owners of parent jumping 28.3% t...
Tokai Corp. Lifts Full-Year Earnings Forecast on Strong Rental and Healthcare Demand
Apr 6, 2026
Tokai Corp. has raised its consolidated earnings forecast for the fiscal year ended March 31, 2026, citing stronger-than-expected performance across several core operations. The company now expects net sales of ¥159.6 billion, up 1.1% from it...
Tokai Reshapes Executive Lineup to Sharpen Focus on Linen and Elderly Care Operations
Feb 24, 2026
Tokai Corp. has announced a slate of management changes effective April 1, 2026, including the appointment of Daisuke Matsui as a new corporate officer overseeing the Bedding Linen Supply Business Division, with responsibility for sales in the Ea...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.