Why is Tosho Co., Ltd. ?
1
The company is Net-Debt Free
- The company is Net-Debt Free
2
Poor long term growth as Net Sales has grown by an annual rate of 0.71% and Operating profit at 4.40% over the last 5 years
3
Negative results in Jun 26
- INTEREST(HY) At JPY 119.67 MM has Grown at 26.44%
- NET SALES(Q) Lowest at JPY 6,491.1 MM
- NET PROFIT(Q) Lowest at JPY 748.38 MM
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -3.22% returns in the last 1 year, the stock has also underperformed Japan Nikkei 225 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Tour, Travel Related Services)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tosho Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Tosho Co., Ltd.
-4.03%
-0.11
37.42%
Japan Nikkei 225
59.79%
2.06
29.57%
Quality key factors
Factor
Value
Sales Growth (5y)
0.71%
EBIT Growth (5y)
4.40%
EBIT to Interest (avg)
32.26
Debt to EBITDA (avg)
0.63
Net Debt to Equity (avg)
0.52
Sales to Capital Employed (avg)
0.57
Tax Ratio
33.23%
Dividend Payout Ratio
10.52%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
13.80%
ROE (avg)
6.54%
Valuation Key Factors 
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
0.77
EV to EBIT
3.38
EV to EBITDA
2.55
EV to Capital Employed
0.73
EV to Sales
0.88
PEG Ratio
0.12
Dividend Yield
NA
ROCE (Latest)
21.60%
ROE (Latest)
13.02%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
5What is working for the Company
ROCE(HY)
Highest at 9.17%
INVENTORY TURNOVER RATIO(HY)
Highest at 404.21 times
RAW MATERIAL COST(Y)
Fallen by -3.83% (YoY
-15What is not working for the Company
INTEREST(HY)
At JPY 119.67 MM has Grown at 26.44%
NET SALES(Q)
Lowest at JPY 6,491.1 MM
NET PROFIT(Q)
Lowest at JPY 748.38 MM
EPS(Q)
Lowest at JPY 21.04
Here's what is working for Tosho Co., Ltd.
Inventory Turnover Ratio
Highest at 404.21 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -3.83% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Tosho Co., Ltd.
Interest
At JPY 119.67 MM has Grown at 26.44%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Net Sales
Lowest at JPY 6,491.1 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Net Sales
At JPY 6,491.1 MM has Fallen at -5.91%
over average net sales of the previous four periods of JPY 6,898.89 MMMOJO Watch
Near term sales trend is negative
Net Sales (JPY MM)
Net Profit
Lowest at JPY 748.38 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (JPY MM)
EPS
Lowest at JPY 21.04
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (JPY)






