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Toa Road Corporation

Toa Road Corporation

1882.T
Toa Road CorporationJP flagTokyo Stock Exchange
1,586.00
JPY
+1.00
- -
73.29BMarket Cap
Toa Road Corporation
1882.T
(Tokyo Stock Exchange)

Recent

price

1,586.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,879.06
2,121.9
2,136.18
2,341.74
2,240.19
1,904.11
1,969.02
1,937.62
2,045.7
2,153.18
2,258.15
2,310.76
2,506.88
2,487.8
2,736.4
2,628.4
2,484.43
Revenue per Share
17.47
38.12
54.9
81.2
81
61.88
58.9
49.67
-4.56
81.22
94.87
76.55
66.73
79.93
89.22
74.22
79.82
Basic EPS, GAAP
1.38
62.14
54.05
-0.59
24.1
152.59
-10.61
179.62
3.49
-110.24
97.03
42.52
-1.37
142.91
-96.68
209.08
- -
Free Cash Flow per Basic Share
4.98
2.98
4.96
6.98
9.99
12.99
10
11.99
9.98
12
14.32
16.08
18.1
18.02
42.68
135.27
- -
Dividend per Share
256.41
286.41
331.18
398.88
480.65
529.62
429.15
616.57
602.13
672.02
768.45
845.07
914.44
977.61
1,050.13
984.84
976.28
Book Value per Share
390.04
437.52
491
551.05
642.42
686.98
743.8
789.47
789.09
848.78
961.58
1,031.86
1,105.66
1,178.58
1,223.8
1,186.72
1,176.98
Tangible Book Value per Share
49
49
50
51
51
51
51
51
51
51
50
49
47
47
46
46
48
Basic Weighted Avg Shares
91,230
103,156
105,991
118,848
113,663
96,586
99,849
98,218
103,676
109,123
111,801
112,118
118,721
118,060
126,575
121,327
118,060
Sales/Revenue/Turnover
2.7
2.63
4.16
5.74
4.87
5.68
5.33
4.38
3.52
4.36
6.41
4.92
3.99
4.64
3.96
4.77
4.64
Operating Margin (%)
1,230
1,357
1,382
1,467
1,613
1,781
1,918
1,878
2,194
2,329
2,128
2,141
2,060
2,194
2,287
2,286
- -
Depreciation Expense
848
1,853
2,724
4,121
4,110
3,139
2,987
2,518
-231
4,116
4,697
3,714
3,160
3,793
4,127
3,426
3,793
Net Income, GAAP
53.59
10.77
33.87
36.12
30.41
34.56
34.94
35.3
107.32
27.96
33
30.96
32.68
31.46
31.78
35.79
31.46
Effective Tax Rate (%)
0.93
1.8
2.57
3.47
3.62
3.25
2.99
2.56
-0.22
3.77
4.2
3.31
2.66
3.21
3.26
2.82
3.21
Profit Margin (%)
8,109
8,407
11,875
14,664
16,966
18,866
21,425
23,420
21,622
24,281
26,023
27,174
27,967
29,079
29,600
26,484
29,079
Working Capital
5,762
5,054
4,795
4,549
4,524
4,490
4,480
4,636
4,510
3,252
1,664
586
150
900
450
143
900
LT Debt
19,090
21,394
24,495
28,108
32,740
35,008
37,897
40,373
40,537
43,481
48,024
50,462
52,708
56,211
56,929
55,057
56,211
Total Equity
3.02
6.48
7.59
10.71
8.79
7.87
7.39
5.65
-0.54
6.86
9.22
7.12
5.83
6.54
5.56
5.93
6.54
Return on Invested Capital (%)
3.11
6.75
9.25
13.09
12.1
8.58
8.47
6.61
-0.95
10
10.96
8.29
6.7
7.7
7.61
6.24
7.7
Return on Capital (%)
6.98
14.05
17.95
22.47
18.42
12.25
12.29
9.5
-0.75
12.75
13.03
9.4
7.5
8.46
8.69
7.29
8.46
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
312
250
600
LT Borrowings
50
- -
900
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
47
47
Market Capitalization
50,751
63,582
59,448

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
55,232
55,127
61,566
Cash, Cash Equivalents & STI
16,453
12,346
14,227
Accounts Receivable, Net
26,379
27,985
35,934
Inventories
6,699
7,891
5,441
Total Current Liabilities
28,197
27,122
32,487
Payables & Accruals
- -
- -
- -
ST Debt
312
250
600
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.71%
2.83%
-3.29%
Free Cash Flow
-1,661.57%
-2,235.16%
-315.81%
Net Income, GAAP
-202.14%
-4.8%
-16.99%
Sales/Revenue/Turnover
2.37%
1.73%
-4.15%
Total Cash Common Dividend
38.37%
73.37%
216.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,086
28,738
32,492
34,744
118,060
2025
- -
- -
- -
- -
126,575
2026
- -
- -
- -
- -
121,327

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-8.8
- -
- -
- -
79.93
2025
- -
- -
- -
- -
89.22
2026
- -
- -
- -
- -
74.22

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
18.02
2025
- -
- -
- -
- -
42.68
2026
- -
- -
- -
- -
135.27
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Business
Toa Road Corporation engages primarily in civil engineering construction, manufacturing and sale of pavement materials, landscaping and sports facility construction, environmental remediation, and consulting services in Japan. The company constructs road networks and transportation infrastructure including expressways and national roads; manufactures and sells asphalt emulsion for roads, railways, landscape and sports facilities, asphalt mixtures, polymer modified asphalt for heavy traffic roads, porous asphalt pavements, bridge deck pavements and cold regions, as well as pavement materials for garages, bridges, historical places, parks, running tracks, baseball stadiums, tennis courts and bicycle racetracks; provides soil pollution surveying and cleaning, design and construction of underground reservoirs, demolition of buildings, factories and chimneys for redevelopment, and road maintenance plans integrating pavement maintenance techniques with asset management; and offers consulting on road asset management. Founded in 1930 and headquartered in Tokyo, Japan, Toa Road Corporation operates through 35 offices, 24 production factories and 44 asphalt mixing plants across Japan, with branches in Hokkaido, Tohoku, Kanto, Chubu, Kansai, Chushikoku and Kyushu, and maintains group companies including TOA-TONE BORING CO., LTD., MARUKENDOURO CORPORATION, FUJIKENSETSU CORPORATION, FUJI GREEN TECH CO., LTD. and UMETSUGUMI CORPORATION. In recent developments under its medium-term management plan toward the 2030 centennial vision, the company pursues aggressive business investments totaling 15 billion yen over three years focused on facility renewal and growth areas such as thin-layer surface treatment materials for large-scale works and asphalt substitute binders; advances integrated business strategies with portfolio management and response to improvement drivers; and continues international technology-sharing activities in the Philippines, Papua New Guinea, El Salvador and Madagascar.