Topy Industries, Limited logo

Topy Industries, Limited

7231.T

JPXConsumer CyclicalAuto - Parts

Latest quote

¥3,095

¥0.00 · 0.00%

Aug 24, 3:30 PM JST

7231.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Operating primarily in Japan, Topy Industries, Limited is a diversified manufacturer with interests spanning steel production, automotive parts, industrial machinery components, power generation, and various other sectors. Its extensive product portfolio in steel encompasses various structural steel forms, such as H-sections, channels, angles (both equal and unequal), specialized non-uniform thickness steel, and a range of flat steels, including R-flat and ultra-thick wide plates. Furthermore, Topy manufactures a diverse array of deformed section steel products like rims, massive off-the-road vehicle wheels, track shoes, blades, forklift components, segment parts, HSST rails, and Z-steel, alongside deformed rebar. For the automotive and construction sectors, Topy supplies steel and aluminum wheels suitable for passenger cars, trucks, and buses, as well as specialized wheels for a wide spectrum of construction machinery, from compact to heavy-duty vehicles. Additionally, the company produces robust undercarriage components for heavy equipment, including tracks, rollers, cutting edges for motor graders, and city pads designed for hydraulic shovels, bulldozers, and similar construction machinery, along with related spare parts. Beyond these, Topy's offerings extend to innovative crawler robots and synthetic mica materials. Established in 1921, Topy Industries, Limited maintains its corporate headquarters in Tokyo, Japan.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
JP
CEO
Hiromi Ishii
Listed since
Jan 1, 2001
Employees
5,290

Market position

Day range

Current ¥3,095

52-week range

Current ¥3,095

Open
¥3,100
Previous close
¥3,095
Volume
59.6K
0.82× average
Average volume
72.9K
Average daily volume
Market cap
66.9B JPY
Beta
0.45
Market reference 1
50-day average
¥2,851.34
+8.55% above average
200-day average
¥3,011.29
+2.78% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
93.27B JPY
P/E (TTM)
7.18×
P/B (TTM)
0.47×
P/S (TTM)
0.22×
EV / EBITDA
4.74×
Earnings yield
16.05%
Free cash flow yield
5.09%
Dividend yield
4.20%

Profitability & efficiency

Gross margin
15.05%
Operating margin
2.26%
Net margin
3.07%
Return on equity
7.05%
Return on assets
3.74%
Return on invested capital
2.58%

Financial health

Debt / equity
0.47×
Current ratio
1.71×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends17%11%4%-2%Gross margin, FY2021: 11.45%Gross margin, FY2022: 13.34%Gross margin, FY2023: 13.74%Gross margin, FY2024: 14.11%Gross margin, FY2025: 15.56%Operating margin, FY2021: -0.63%Operating margin, FY2022: 2.15%Operating margin, FY2023: 3.13%Operating margin, FY2024: 1.76%Operating margin, FY2025: 2.61%Net margin, FY2021: 0.14%Net margin, FY2022: 1.89%Net margin, FY2023: 1.40%Net margin, FY2024: 2.12%Net margin, FY2025: 3.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 11.45%. Gross margin FY2022 13.34%. Gross margin FY2023 13.74%. Gross margin FY2024 14.11%. Gross margin FY2025 15.56%. Operating margin FY2021 -0.63%. Operating margin FY2022 2.15%. Operating margin FY2023 3.13%. Operating margin FY2024 1.76%. Operating margin FY2025 2.61%. Net margin FY2021 0.14%. Net margin FY2022 1.89%. Net margin FY2023 1.40%. Net margin FY2024 2.12%. Net margin FY2025 3.41%.

Income trends

Revenue

297.75B JPY-0.95%

Operating income

7.79B JPY+46.86%

Net income

10.15B JPY+58.93%
Income trends across reported periods368.12B JPY233.64B JPY99.15B JPY−35.33B JPYRevenue, FY2021: 271.18B JPYRevenue, FY2022: 334.5B JPYRevenue, FY2023: 333.99B JPYRevenue, FY2024: 300.61B JPYRevenue, FY2025: 297.75B JPYOperating income, FY2021: −1.71B JPYOperating income, FY2022: 7.18B JPYOperating income, FY2023: 10.44B JPYOperating income, FY2024: 5.3B JPYOperating income, FY2025: 7.79B JPYNet income, FY2021: 386M JPYNet income, FY2022: 6.32B JPYNet income, FY2023: 4.68B JPYNet income, FY2024: 6.39B JPYNet income, FY2025: 10.15B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 271.18B JPY. Revenue FY2022 334.5B JPY. Revenue FY2023 333.99B JPY. Revenue FY2024 300.61B JPY. Revenue FY2025 297.75B JPY. Operating income FY2021 −1.71B JPY. Operating income FY2022 7.18B JPY. Operating income FY2023 10.44B JPY. Operating income FY2024 5.3B JPY. Operating income FY2025 7.79B JPY. Net income FY2021 386M JPY. Net income FY2022 6.32B JPY. Net income FY2023 4.68B JPY. Net income FY2024 6.39B JPY. Net income FY2025 10.15B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue297.75B JPY300.61B JPY333.99B JPY334.5B JPY271.18B JPY
Cost of goods sold251.43B JPY258.18B JPY288.11B JPY289.88B JPY240.12B JPY
Gross profit46.32B JPY42.43B JPY45.88B JPY44.62B JPY31.06B JPY
Research and development1.08B JPY1.05B JPY1.11B JPY
Selling, general, and administrative38.53B JPY37.13B JPY35.44B JPY37.44B JPY32.76B JPY
Operating expenses38.53B JPY37.13B JPY35.44B JPY37.44B JPY32.76B JPY
Interest income164M JPY172M JPY139M JPY134M JPY135M JPY
Interest expense704M JPY748M JPY833M JPY768M JPY500M JPY
Depreciation and amortization11.9B JPY12.32B JPY12.91B JPY13.42B JPY12.9B JPY
Operating income7.79B JPY5.3B JPY10.44B JPY7.18B JPY−1.71B JPY
Net income10.15B JPY6.39B JPY4.68B JPY6.32B JPY386M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
8.84

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates257.69172.0886.470.86Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 6, 2024: actual 1.01, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 4, 2025: actual 130.22, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 118.11, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 5, 2025: actual 45.66, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 5, 2025: actual 67.42, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 238.68, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 113.61, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual 8.84, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates88.6B81.67B74.74B67.81BQ1 '25No estimateQ2 '25BeatQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 4, 2025: actual 74.5B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 77.58B JPY, estimate 73.64B JPY, surprise +5.36%, Beat. Q3 2025, reported Aug 5, 2025: actual 71.21B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 5, 2025: actual 71.79B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 76.81B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 77.94B JPY, estimate 85.19B JPY, surprise -8.51%, Miss. Q3 2026, reported Aug 4, 2026: actual 77.22B JPY, estimate 75B JPY, surprise +2.96%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 76.5B JPY, surprise —, Comparison unavailable.

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