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    Steel
Tokyo Steel Manufacturing Co., Ltd.

Tokyo Steel Manufacturing Co., Ltd.

TTSE:5423
1,650.00
JPY
-55.00
(-3.23%)
165.88BMarket Cap
Oct 23Next Earn
Tokyo Steel Manufacturing Co., Ltd.
TSE:5423
(Tokyo Stock Exchange)

Recent

price

1,650.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
999.86
1,119.58
921.36
933.25
1,111.99
903.59
845.1
1,145.24
1,475.53
1,349.17
1,153.71
2,288.33
3,190.36
3,329.98
3,050.91
2,611.13
- -
Revenue per Share
-69.98
-95.81
-984.11
15.54
70.46
129.02
77.33
78.88
110.03
103.44
48.03
269.79
272.44
253.51
197.96
112.56
- -
Basic EPS, GAAP
-294.85
2.32
-54.33
-42.54
159.09
151.61
71.31
74.72
91.48
123.82
1.36
144.65
270.16
332.39
-25.9
-251.64
- -
Free Cash Flow per Basic Share
9.98
5.99
4.01
- -
3.94
8.04
9
10.03
11.04
14.26
16.33
18.09
35.29
45.15
50.49
50.27
- -
Dividend per Share
1,582.66
1,481
493.03
512.35
567.63
681.92
758.01
829.78
921.54
1,014.69
1,093.61
1,366.95
1,618.14
1,867.16
2,014.65
2,156.95
- -
Book Value per Share
1,572.65
1,473.93
492.72
512.17
567.31
680.46
756.84
828.49
919.89
1,012.74
1,091.68
1,363.87
1,615.12
1,863.95
2,010.23
2,151.63
- -
Tangible Book Value per Share
149
149
149
149
149
148
144
143
140
133
123
118
113
110
107
103
103
Basic Weighted Avg Shares
148,956
166,791
137,261
139,031
165,658
134,159
121,748
164,137
207,109
179,924
141,448
270,883
361,245
367,242
326,775
268,095
- -
Sales/Revenue/Turnover
-6.15
-6.75
-12.17
1.75
7.97
13.26
8.64
6.38
7.74
9.65
2.82
11.73
10.54
10.37
9.21
2.7
- -
Operating Margin (%)
15,039
211
15,871
4,345
4,057
3,798
4,004
4,193
4,626
5,297
5,563
4,558
5,032
5,934
6,809
8,087
- -
Depreciation Expense
-10,425
-14,273
-146,609
2,315
10,497
19,156
11,140
11,305
15,444
13,795
5,889
31,937
30,848
27,958
21,203
11,557
- -
Net Income, GAAP
- -
- -
- -
0.81
2.99
- -
- -
- -
5.64
15.66
- -
2.87
20.2
29.7
28.63
18.02
- -
Effective Tax Rate (%)
-7
-8.56
-106.81
1.67
6.34
14.28
9.15
6.89
7.46
7.67
4.16
11.79
8.54
7.61
6.49
4.31
- -
Profit Margin (%)
43,690
38,463
35,544
20,138
37,106
40,900
50,445
53,664
62,482
68,741
63,377
79,659
92,827
106,142
98,046
93,899
- -
Working Capital
30,000
26,000
30,000
9,000
9,000
- -
- -
- -
- -
750
1,258
396
- -
- -
39
273
- -
LT Debt
235,779
220,633
73,449
76,327
84,562
98,240
109,201
117,986
125,882
129,888
130,899
158,278
179,251
203,903
209,916
221,131
- -
Total Equity
- -
- -
- -
2.3
12.07
- -
- -
- -
12.3
11.23
- -
20.78
17.56
13.58
10.09
2.72
- -
Return on Invested Capital (%)
- -
- -
- -
2.41
10.14
- -
- -
- -
12.69
10.75
- -
21.85
18.2
14.58
10.26
5.41
- -
Return on Capital (%)
-4.31
-6.25
-99.71
3.09
13.05
20.96
10.74
9.95
12.67
10.79
4.52
22.09
18.28
14.59
10.25
5.36
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
286
273
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
103
103
102
Market Capitalization
149,475
165,878
171,770

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
152,360
145,465
- -
Cash, Cash Equivalents & STI
87,266
73,970
- -
Accounts Receivable, Net
23,271
26,556
- -
Inventories
38,985
41,004
- -
Total Current Liabilities
61,745
51,566
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.61%
11.24%
5.34%
Free Cash Flow
1,087.5%
2,195.12%
831.4%
Net Income, GAAP
28.81%
71.98%
-45.49%
Sales/Revenue/Turnover
11.48%
19.51%
-17.96%
Total Cash Common Dividend
17.75%
24.44%
-4.57%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
326,775
2026
- -
- -
- -
- -
268,095
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
197.96
2026
- -
- -
- -
- -
112.56
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
50.49
2026
- -
- -
- -
- -
50.27
2027
- -
- -
- -
- -
- -
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Business
Tokyo Steel Manufacturing Co., Ltd. engages in the manufacture and sale of steel products primarily using electric arc furnace (EAF) technology, focusing on environmentally friendly steel production through recycling steel scrap. Its product portfolio includes steel building materials such as standard and high-grade electric furnace H-beams, special size (tuned-H) beams, striped beams, channels, I-beams, U-shape sheet piles, deformed bars, cold-rolled square steel pipes, and steel plate products including hot coils, pickling coils, hot-dip galvanized coils, striped coils, cut sheets, and high-standard electric arc furnace steel sheets. The company operates mainly in Japan, Asia, and internationally, with key production facilities including the Okayama Works where a recent upgrade to the hot-dip galvanizing line is underway to improve versatility and efficiency in steel manufacturing. Recent significant changes include a major upgrade to its Okayama Works' galvanizing line, converting it into a continuous annealing and galvanizing line (CAGL) to enhance production capabilities for both cold-rolled and hot-dip galvanized coils, scheduled to begin operation in early 2027. In addition, Tokyo Steel launched low-carbon steel brands like "Almost Zero" and is actively advancing sustainability by supporting Japan’s 2050 carbon neutrality target and participating in industry-wide environmental initiatives promoting renewable energy and greenhouse gas reduction. The company has also initiated an equity buyback program and increased international market engagement with notable large orders such as one secured in Singapore early 2025. Founded in 1934 and headquartered in Tokyo, Japan, Tokyo Steel Manufacturing is recognized as Japan’s largest electric arc furnace steel producer and holds the highest domestic production volume of H-sections. Its strategic focus includes product diversification, sustainability leadership in low-carbon steel production, and operational improvements to maintain competitiveness in the domestic and global steel markets. The company supports ambitious energy efficiency and carbon reduction policies while leveraging advanced process technologies through strategic partnerships with firms like Primetals Technologies for technical upgrades. Tokyo Steel serves a wide range of industries including construction, infrastructure, and manufacturing, targeting customers requiring steel materials with high quality, specialized sizing, and sustainability credentials. The company operates several plants including the Utsunomiya Plant, producing electric furnace steel products, and emphasizes circular economy principles by utilizing recycled steel scrap as a core raw material. Overall, Tokyo Steel Manufacturing Co., Ltd. is positioned as an innovative steel producer focused on electric furnace technology, sustainable practices, and continuous product and operational enhancements to meet evolving market and regulatory demands in Japan and abroad.