Toda Kogyo Corp. Reports Increased Sales but Faces Profitability Challenges
Toda Corporation --- Double-digit revenue growth in Q3 continues, with steady progress in the electronic materials business.
TODA KOGYO <4100> announced its consolidated financial results for the third quarter of the fiscal year ending March 2025 (April to December 2024) on the 10th. Revenue increased by 10.9% year-on-year to 21.757 billion yen, operating loss was 0.205 billion yen (compared to a profit of 0.231 billion yen in the same period last year), ordinary loss was 0.217 billion yen (compared to a profit of 1.288 billion yen in the same period last year), and the quarterly net loss attributable to Shareholders was 0.799 billion yen (compared to a profit of 1.513 billion yen in the same period last year). In the company group, regarding materiality, the targets set for the fiscal year ending 2030...
<Today's individual materials> Nomura Micro, Teikoku Electric, Mercuria, Sanwa Oil Chemical, ETC (announced on the 10th).
▽Nomura Micro <6254.T>, upwardly revised the consolidated financial estimates for the fiscal year ending March 2025. ▽Teikoku Electric <6333.T>, raised the consolidated financial estimates for the fiscal year ending March 2025 and increased the end-of-term Dividends forecast from the previous 41 yen to 55 yen (previous period result 46 yen). ▽Mercuria <7347.T>, downwardly revised the consolidated financial estimates for the fiscal year ending December 2024. ▽Sanwa Yuka <4125.T>, lowered the consolidated financial estimates for the fiscal year ending March 2025. ▽Furukawa Machinery <5715.T>, forecasted a consolidated operating profit of 8.2 billion yen for the fiscal year ending March 2025.
SoftBank's operating profit for Q3 increased by 12.3% to 821.8 billion yen.
The results for the third quarter of the fiscal year ending March 2025, announced by SoftBank <9434>, showed a revenue of 4 trillion 811.4 billion 63 million yen, a 6.6% increase compared to the same period last year, and an operating profit of 821.8 billion 61 million yen, a 12.3% increase year-on-year. PayPay's performance improved. The core mobile business also showed steady recovery from the impact of mobile price reductions. 【Positive assessment】 <6645> Omron quarter | <4284> Solxyz full year <7189> Nishi Nippon FH quarter | <7370> Enjin revision
Toda Kogyo: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)
Meiji Holdings, M3, Shiseido Company, Limited Sponsored ADR, ORIX (10th)
※ The above Calendar is only a plan and may be changed due to the company's circumstances.--------------------------------------- February 10 (Mon) <1333> Maruha Nichiro <1414> Shobond <1439> Yasunori Construction <1446> Candil <1787> Nakabo Tech <1798> Moriya Commercial <1802> Obayashi Corporation <1826> Sada Construction <1979
TODA Industries Research Memo (9): Aiming for an early resumption of dividends considering the trends in consolidated performance.
■Shareholder return policy: Toda Industrial <4100> has continued to have no dividends since paying 40 yen in the fiscal year ending March 2019 due to poor performance. It is expected to continue with no dividends in the fiscal year ending March 2025 as well due to a decrease in earnings. While securing necessary internal reserves for future business development and strengthening management structure, there is an aim for an early resumption of dividends, but it is believed that it will still take time to achieve this. (Written by: Fisco Guest Analyst Hiroshi Okamoto)
Toda Industry Research Memo (5): The financial situation has stunk, and improvement has stalled; continued strengthening of the financial structure is necessary.
■Toda Industries <4100> Performance Trends 4. Financial Condition. Over the past 10 periods until the end of the 2022 fiscal year, there were six instances of net losses, and the equity ratio fell from 46.5% at the end of March 2015 to 19.5% at the end of March 2021. However, during the 2022 fiscal year, a record net profit was recorded, and the equity ratio improved to 30.5% at the end of March 2023. After that, there was a revenue slump, but in the first half of the fiscal year ending March 2025, there was a net loss attributable to shareholders of the parent company of 879 million yen.
TODA Industries Research Memo (2): A long-established Chemicals material manufacturer celebrating its 200th anniversary in November 2023.
■TODA INDUSTRY <4100> Company Overview 1. Company Overview The company was founded in 1823 (Bunsei 6) in Okayama Prefecture as Seikinsha, which specializes in the production of benigara (compounds of oxygen and iron) used in wood paints for construction, base for navy dyeing, coloring of lacquerware, paper umbrellas, and materials for ceramics (red painting glaze). In November 2023, the company celebrated its 200th anniversary and is a long-established manufacturer of chemical materials. The company deepened its microparticle synthesis technology cultivated from iron oxide to produce high-purity iron oxide for Optical Lens polishing agents, audio.
TODA Industries Research Memo (1): Formulation of the medium-term management plan "Vision 2026".
■Summary: Todakogyo <4100> was founded as a manufacturer of pigments, such as benigar, essential for porcelain painting and historical buildings, and celebrated its 200th anniversary in November 2023. The company is an established chemical material manufacturer that has deepened its fine particle synthesis technology cultivated with iron oxide, producing high-purity iron oxide for Optical Lens polishing agents, magnetic iron oxide used in audio and video tapes, toner materials for copiers and printers, magnetic materials used in motors and Sensors for Automobiles and home appliances, and smart...
There is a shift away from large vehicles in the USA, which benefits Asian manufacturers.
[EV] Due to the high prices of automobiles and rising interest rates, it has been reported that among Americans, more people believe that bigger is not always better when considering purchasing a vehicle. As costs rise, some automobile buyers seem to be considering sacrificing size and interior space to keep monthly payments lower. <7203> Toyota <6758> Sony Group Corp <6752> Panasonic HD <3
Toda Kogyo Embraces Sustainable Growth and Innovation
The name of戸田工---戸田イス CORPORATION has been changed to TODA materials Inc.
On the 26th, Todaka Industries <4100> announced that it will change the corporate name of its wholly owned subsidiary TODA ISU CORPORATION (Japanese name: 戸田イス CORPORATION (TIC)), located in the Republic of Korea, effective January 1, 2025.
Toda Kogyo: Confirmatory letter.
Toda Kogyo: Semi-Annual Report - Term 92 (2024/04/01 - 2025/03/31)
Toda Kogyo--- Double-digit growth in revenue in the second quarter, with strong performance in the electronic materials business revenue.
Toda Corporation <4100> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24). Revenue increased by 14.5% year-on-year to 14.508 billion yen, operating loss was 0.267 billion yen (compared to a loss of 0.011 billion yen in the same period last year), ordinary loss was 0.266 billion yen (compared to a profit of 0.97 billion yen), and net interim loss attributable to parent company shareholders was 0.879 billion yen (compared to a profit of 0.801 billion yen). Functional pigment business revenue decreased by 6.7% year-on-year to 3.963 billion yen, in the segment.
Recruit HD, 2Q operating profit increased by 13.4% to 269.7 billion yen
Recruit HD <6098> announced that the second quarter performance for the quarter ending March 2025 showed sales revenue increased by 5.4% year-on-year to 1.7987 trillion yen, and operating profit increased by 13.4% to 269.8 billion yen. All HR technology business, matching & solution business, and temporary staffing business reported revenue growth. It exceeded the consensus of around 255 billion yen. Operating profit for the fiscal year ending March 2025 was revised upwards from 390 billion yen to 442.7 billion yen. Consensus.
Toda Kogyo---Exhibiting CO2 management technology utilizing iron oxide at COP29 Japan Pavilion virtual exhibition.
Toda Kogyo <4100> announced on the 8th that they will virtually exhibit three products and technologies in the field of CO2 countermeasures at the Japan Pavilion held concurrently with the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024. COP (Conference of the Parties) is an abbreviation for international conferences discussing frameworks to prevent global warming under the United Nations Framework Convention on Climate Change.
Toda Kogyo Corp Sees FY Loss Y1.30B
Toda Kogyo Corp 1H Loss Y879.00M Vs Net Y801.00M