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Industrial Services

Toyo Engineering Corp.

Business Summary

Toyo Engineering Corp. engages in the provision of engineering services. It operates through following divisions: EPC (Electric Power Control) and IT(Information Technology). The EPC division provides the research, development, design, engineering, procurement, construction, and technical assistance of oil, gas, petrochemical, and general chemical plants. The IT division develops solution business based on other companies enterprise resource planning package products; and offers IT engineering and system software services. The company was founded on May 1, 1961 and is headquartered in Narashino, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue202,986M1,806.36M
Gross Profit20,037M178.30M
Operating income2,964M26.37M
Income before tax3,126M27.81M
Net income1,621M14.42M
EBITDA4,642M41.30M
Diluted EPS27.640.24
Dividends Per Share00
Total Assets240,853M1,984.37M
Total liabilities196,288M1,617.20M
Total equity44,393M365.75M
Operating cash flow-6,790M-60.42M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 335,697M 294,993M 219,094M 184,000M 202,986M
Gross Profit -12,846M 10,329M 18,014M 17,754M 20,037M
Operating income -32,933M -5,333M 1,891M 1,616M 2,964M
Income before tax -22,359M 3,510M 4,441M 2,781M 3,126M
Net income -26,846M -817M 1,665M 815M 1,621M
EBITDA -31,712M -4,100M 3,333M 3,124M 4,642M
Diluted EPS -- -- 28.39 13.89 27.64
Dividends Per Share 0 0 0 0 0
Total Assets 251,861M 239,694M 208,719M 218,255M 240,853M
Total liabilities 226,682M 203,333M 172,736M 178,175M 196,288M
Total equity 25,105M 36,241M 35,859M 39,935M 44,393M
Operating cash flow -22,824M -25,828M -18,696M 17,753M -6,790M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 3,028.87M 2,660.11M 2,015.10M 1,734.90M 1,806.36M
Gross Profit -115.90M 93.14M 165.68M 167.39M 178.30M
Operating income -297.14M -48.09M 17.39M 15.23M 26.37M
Income before tax -201.73M 31.65M 40.84M 26.22M 27.81M
Net income -242.22M -7.36M 15.31M 7.68M 14.42M
EBITDA -286.12M -36.97M 30.65M 29.45M 41.30M
Diluted EPS -- -- 0.26 0.13 0.24
Dividends Per Share 0 0 0 0 0
Total Assets 2,368.22M 2,165.55M 1,933.38M 1,975.15M 1,984.37M
Total liabilities 2,131.47M 1,837.04M 1,600.07M 1,612.44M 1,617.20M
Total equity 236.06M 327.42M 332.16M 361.40M 365.75M
Operating cash flow -205.93M -232.90M -171.95M 167.39M -60.42M

Valuation Measures

Mar 2022
PER23.04
ROA0.70%
ROE3.84%
Operating margin1.46%
Profit margin0.79%

Key executives

  • President & Representative Director: Haruo Nagamatsu
  • CFO, Director, Head-Finance & Accounting: Kensuke Waki
  • Chief Technology Officer: Keisuke Ishii
  • Representative Director & Vice President: Masayuki Yoshizawa
  • Director & Senior Managing Executive Officer: Noriyoshi Torigoe

Shareholders

  • Mitsui & Co., Ltd. (22.7%)
  • Mitsui Chemicals Pension Fund (13.3%)
  • JPMorgan Asset Management (Japan) Ltd. (7.6%)
  • Wellington Management Co. LLP (5.0%)
  • TAISEI Corp. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • FIL Investments (Japan) Ltd. (1.4%)
  • Dimensional Fund Advisors LP (1.3%)
  • Sumitomo Mitsui Financial Group, Inc. (1.2%)
  • Daiwa Asset Management Co. Ltd. (1.0%)

Contact Details

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Competitors

    Last Updated on 10 Aug, 2022

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