Toyo Tanso Co., Ltd. logo

Toyo Tanso Co., Ltd.

5310.T

JPXIndustrialsElectrical Equipment & Parts

Latest quote

¥6,840

−¥80.00 · -1.16%

Aug 24, 3:30 PM JST

5310.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Toyo Tanso Co., Ltd., headquartered in Osaka, Japan, is a global producer and distributor of a wide range of carbon materials. Established in 1941 and originally known as Kondo Carbon Manufacturing Co., Ltd. until its renaming in November 1949, the company provides specialized products for diverse industries worldwide. Its offerings include high-performance isotropic graphite, crucial for applications in the semiconductor, mold, renewable energy, and atomic power sectors. The company also manufactures advanced carbon-carbon composite materials, utilized in electronics, environmental and energy systems, general industrial furnaces, and various transportation modalities such as automobiles. Key products extend to PERMA-FOIL, a flexible graphite sheet designed for sealing applications like automotive gaskets and packing. For demanding environments, Toyo Tanso supplies mechanical carbon, which excels as a sliding component in high-temperature settings, chemical submersion, or where lubrication is impractical; this includes copper-impregnated carbon materials for pantograph sliders. Additionally, it produces carbon brushes for home appliances and power tools. The company's innovative portfolio features PERMA KOTE, a SiC-coated graphite essential for semiconductor manufacturing; PYROGRAPH, a premium high-purity graphite; and GLASTIX KOTE, a graphite substrate enhanced with a glass-like carbon impregnation or coating. Further specialized materials comprise CNovel, a porous carbon; EVEREDKOTE-B, a high-purity isotropic graphite substrate; TaC/Ta Composite EVEREDKOTE-K, a high-purity tantalum; and KLASTA MATE, a unique metal-carbon composite. Beyond material manufacturing, Toyo Tanso offers comprehensive technical services including machining, heat treatment, high-purity processing, surface treatment, impregnation, shaping, and precision measurement.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
JP
CEO
Naotaka Kondo
Listed since
Mar 29, 2006
Employees
1,678

Market position

Day range

Current ¥6,840

52-week range

Current ¥6,840

Open
¥6,890
Previous close
¥6,920
Volume
75.5K
0.53× average
Average volume
143.62K
Average daily volume
Market cap
143.45B JPY
Beta
0.58
Market reference 1
50-day average
¥7,279
-6.03% below average
200-day average
¥6,089.73
+12.32% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
91.5B JPY
P/E (TTM)
32.16×
P/B (TTM)
1.47×
P/S (TTM)
3.15×
EV / EBITDA
8.24×
Earnings yield
5.41%
Free cash flow yield
-5.71%
Dividend yield
2.12%

Profitability & efficiency

Gross margin
29.71%
Operating margin
10.27%
Net margin
9.79%
Return on equity
5.61%
Return on assets
4.63%
Return on invested capital
4.62%

Financial health

Debt / equity
0.05×
Current ratio
4.31×
Altman Z-score
5.78
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends43%32%20%9%Gross margin, FY2021: 32.81%Gross margin, FY2022: 32.96%Gross margin, FY2023: 35.99%Gross margin, FY2024: 40.48%Gross margin, FY2025: 34.06%Operating margin, FY2021: 15.02%Operating margin, FY2022: 15.23%Operating margin, FY2023: 18.85%Operating margin, FY2024: 23.05%Operating margin, FY2025: 14.60%Net margin, FY2021: 11.83%Net margin, FY2022: 11.84%Net margin, FY2023: 15.24%Net margin, FY2024: 18.76%Net margin, FY2025: 11.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.81%. Gross margin FY2022 32.96%. Gross margin FY2023 35.99%. Gross margin FY2024 40.48%. Gross margin FY2025 34.06%. Operating margin FY2021 15.02%. Operating margin FY2022 15.23%. Operating margin FY2023 18.85%. Operating margin FY2024 23.05%. Operating margin FY2025 14.60%. Net margin FY2021 11.83%. Net margin FY2022 11.84%. Net margin FY2023 15.24%. Net margin FY2024 18.76%. Net margin FY2025 11.83%.

Income trends

Revenue

46.19B JPY-13.00%

Operating income

6.75B JPY-44.88%

Net income

5.47B JPY-45.13%
Income trends across reported periods57.96B JPY38.5B JPY19.05B JPY−397.8M JPYRevenue, FY2021: 37.73B JPYRevenue, FY2022: 43.77B JPYRevenue, FY2023: 49.25B JPYRevenue, FY2024: 53.09B JPYRevenue, FY2025: 46.19B JPYOperating income, FY2021: 5.67B JPYOperating income, FY2022: 6.67B JPYOperating income, FY2023: 9.28B JPYOperating income, FY2024: 12.24B JPYOperating income, FY2025: 6.75B JPYNet income, FY2021: 4.47B JPYNet income, FY2022: 5.18B JPYNet income, FY2023: 7.51B JPYNet income, FY2024: 9.96B JPYNet income, FY2025: 5.47B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 37.73B JPY. Revenue FY2022 43.77B JPY. Revenue FY2023 49.25B JPY. Revenue FY2024 53.09B JPY. Revenue FY2025 46.19B JPY. Operating income FY2021 5.67B JPY. Operating income FY2022 6.67B JPY. Operating income FY2023 9.28B JPY. Operating income FY2024 12.24B JPY. Operating income FY2025 6.75B JPY. Net income FY2021 4.47B JPY. Net income FY2022 5.18B JPY. Net income FY2023 7.51B JPY. Net income FY2024 9.96B JPY. Net income FY2025 5.47B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue46.19B JPY53.09B JPY49.25B JPY43.77B JPY37.73B JPY
Cost of goods sold30.46B JPY31.6B JPY31.53B JPY29.35B JPY25.35B JPY
Gross profit15.73B JPY21.49B JPY17.72B JPY14.43B JPY12.38B JPY
Research and development1.24B JPY1.09B JPY1.04B JPY1.12B JPY1.39B JPY
Selling, general, and administrative8.99B JPY9.25B JPY7.4B JPY7.07B JPY5.71B JPY
Operating expenses8.99B JPY9.25B JPY8.44B JPY7.76B JPY6.72B JPY
Interest income58M JPY85M JPY90M JPY92M JPY79M JPY
Interest expense65M JPY35M JPY25M JPY33M JPY28M JPY
Depreciation and amortization4.35B JPY3.73B JPY3.38B JPY3.15B JPY2.95B JPY
Operating income6.75B JPY12.24B JPY9.28B JPY6.67B JPY5.67B JPY
Net income5.47B JPY9.96B JPY7.51B JPY5.18B JPY4.47B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
50.95

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates140.38101.8263.2524.69Q4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 7, 2024: actual 96.94, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 132.13, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 60.84, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 5, 2025: actual 66.95, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 88.26, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 16, 2026: actual 44.52, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 11, 2026: actual 29.05, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 50.95, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates14.59B13.07B11.54B10.01BQ1 '25BeatQ2 '25MissQ3 '25MissQ3 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 14.03B JPY, estimate 13.1B JPY, surprise +7.11%, Beat. Q2 2025, reported May 12, 2025: actual 11.48B JPY, estimate 12.52B JPY, surprise -8.33%, Miss. Q3 2025, reported Aug 5, 2025: actual 11.51B JPY, estimate 12.54B JPY, surprise -8.28%, Miss. Q3 2025, reported Sep 30, 2025: actual 11.12B JPY, estimate 11.81B JPY, surprise -5.87%, Miss. Q1 2026, reported Feb 16, 2026: actual 12.09B JPY, estimate 12.54B JPY, surprise -3.52%, Miss. Q2 2026, reported May 11, 2026: actual 10.58B JPY, estimate 11.06B JPY, surprise -4.40%, Miss. Q3 2026, reported Aug 7, 2026: actual 11.79B JPY, estimate 11.67B JPY, surprise +1.10%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 12.73B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥145

2025 complete year+141.7% since 2021

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥145

Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Dec 29, 2025

¥145

Annual

Record Dec 31, 2025 · Payment Mar 30, 2026

Dividend

Ex-dividend Dec 27, 2024

¥145

Annual

Record Dec 31, 2024 · Payment Mar 31, 2025

Dividend

Ex-dividend Dec 28, 2023

¥110

Annual

Record Dec 31, 2023 · Payment Mar 29, 2024

Dividend

Ex-dividend Dec 29, 2022

¥70.00

Annual

Record Dec 31, 2022 · Payment Mar 31, 2023

Dividend

Ex-dividend Dec 29, 2021

¥60.00

Annual

Record Dec 31, 2021 · Payment Mar 30, 2022

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