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    Industrial services

  3. •

    Engineering & construction
TOA ROAD Corporation

TOA ROAD Corporation

TTSE:1882
1,576.00
JPY
+4.00
(+0.25%)
63.82BMarket Cap
Nov 09Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
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
2,622.91
- -
Basic EPS, GAAP
81.2
81
61.88
58.9
49.67
-4.56
81.22
94.87
76.55
66.73
79.93
89.22
74.07
- -
Free Cash Flow per Basic Share
-0.59
24.1
152.59
-10.61
179.62
3.49
-110.24
97.03
42.52
-1.37
142.91
-96.68
208.64
- -
Dividend per Share
6.98
9.99
12.99
10
11.99
9.98
12
14.32
16.08
18.1
18.02
42.68
134.99
- -
Book Value per Share
544.41
634.3
676.97
731.06
776.89
777.8
834.84
958.52
1,030.24
1,080.4
1,165.57
1,197.33
1,160.81
1,119.1
Tangible Book Value per Share
541.63
631.44
673.8
727.53
769.88
767.02
825.67
949.99
1,021.93
1,073.12
1,159.59
1,190.39
1,154.79
1,112.58
Basic Weighted Avg Shares
51
51
51
51
51
51
51
50
49
47
47
46
46
47
Sales/Revenue/Turnover
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
- -
Operating Margin (%)
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
- -
Depreciation Expense
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
- -
Net Income, GAAP
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
- -
Effective Tax Rate (%)
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
- -
Profit Margin (%)
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
- -
Working Capital
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
26,373
LT Debt
4,549
4,524
4,490
4,480
4,636
4,510
3,252
1,664
586
150
900
450
143
675
Total Equity
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
53,220
Return on Invested Capital (%)
10.71
8.79
7.87
7.39
5.65
-0.54
6.86
9.21
7.12
5.83
6.53
5.56
5.93
- -
Return on Capital (%)
10.58
9.9
7.09
6.36
5
-0.78
8.24
9.12
6.95
5.69
6.58
6.64
5.48
- -
Return on Common Equity (%)
15.94
13.74
9.44
8.37
6.59
-0.59
10.07
10.55
7.75
6.29
7.15
7.49
6.28
- -

Capital Structure

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Sep'25
ST Debt
250
600
500
LT Borrowings
- -
900
675
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
46
Market Capitalization
63,386
59,926
63,822

Working Capital

JPY

•

in mil. unless spec.
Dec'24
Mar'24
Sep'25
Total Current Assets
55,127
61,566
52,701
Cash, Cash Equivalents & STI
12,346
14,227
8,843
Accounts Receivable, Net
27,985
35,934
30,919
Inventories
7,891
5,441
6,190
Total Current Liabilities
27,122
32,487
26,328
Payables & Accruals
- -
- -
- -
ST Debt
250
600
500
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

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

JPY

•

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

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-8.8
19
22.48
47.51
79.93
2025
- -
- -
- -
- -
89.22
2026
- -
- -
- -
- -
74.07

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
18.02
2025
- -
- -
- -
- -
42.68
2026
- -
- -
- -
- -
134.99

Company Description

Company Profile APIChatGPT
CEO
Kyouichi Morishita
Full Time Employees
1,644
Sector
Industrial services
Industry
Engineering & construction
Address
7-3-7 Roppongi Tokyo TY Japan 106-0032
IPO Date
Oct 2, 1961
Website
toadoro.co.jp
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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.