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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 business: EPC and IT. The EPC business provides research and development, design, engineering, procurement, construction, and technical assistance of oil, gas, petrochemical, and general chemical plants. The IT business 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 2020 JPYUSD
Revenue219,094M2,015.10M
Gross Profit18,014M165.68M
Operating income1,891M17.39M
Income before tax4,441M40.84M
Net income1,665M15.31M
EBITDA3,333M30.65M
Diluted EPS28.390.26
Dividends Per Share00
Total Assets208,719M1,933.38M
Total liabilities172,736M1,600.07M
Total equity35,859M332.16M
Operating cash flow-18,696M-171.95M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 299,813M 431,917M 335,697M 294,993M 219,094M
Gross Profit 29,965M 15,599M -12,846M 10,329M 18,014M
Operating income 11,162M -1,328M -32,933M -5,333M 1,891M
Income before tax 8,697M 5,828M -22,359M 3,510M 4,441M
Net income 3,038M 1,472M -26,846M -817M 1,665M
EBITDA 12,694M -35M -31,712M -4,100M 3,333M
Diluted EPS -- -- -- -- 28.39
Dividends Per Share 20 10 0 0 0
Total Assets 321,836M 317,089M 251,861M 239,694M 208,719M
Total liabilities 270,800M 265,755M 226,682M 203,333M 172,736M
Total equity 50,978M 51,273M 25,105M 36,241M 35,859M
Operating cash flow 46,376M 18,984M -22,824M -25,828M -18,696M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 2,496.68M 3,988.61M 3,028.87M 2,660.11M 2,015.10M
Gross Profit 249.53M 144.05M -115.90M 93.14M 165.68M
Operating income 92.95M -12.26M -297.14M -48.09M 17.39M
Income before tax 72.42M 53.81M -201.73M 31.65M 40.84M
Net income 25.29M 13.59M -242.22M -7.36M 15.31M
EBITDA 105.70M -0.32M -286.12M -36.97M 30.65M
Diluted EPS -- -- -- -- 0.26
Dividends Per Share 0.16 0.09 0 0 0
Total Assets 2,863.43M 2,845.63M 2,368.22M 2,165.55M 1,933.38M
Total liabilities 2,409.35M 2,384.95M 2,131.47M 1,837.04M 1,600.07M
Total equity 453.56M 460.13M 236.06M 327.42M 332.16M
Operating cash flow 386.19M 175.31M -205.93M -232.90M -171.95M

Valuation Measures

Mar 2020
PER11.41
ROA0.74%
ROE4.61%
Operating margin0.86%
Profit margin0.75%

Key executives

  • President & Representative Director: Haruo Nagamatsu
  • CFO, Director & Managing Executive Officer: Kensuke Waki
  • Chief Technology Officer: Keisuke Ishii
  • Chief Compliance Officer: Teruhiko Inoue
  • Representative Director & Vice President: Masayuki Yoshizawa

Shareholders

  • Mitsui & Co., Ltd. (22.7%)
  • Mitsui Chemicals Pension Fund (13.3%)
  • Wellington Management Co. LLP (5.0%)
  • TAISEI Corp. (2.5%)
  • Nomura Asset Management Co., Ltd. (1.9%)
  • Sumitomo Mitsui Financial Group, Inc. (1.2%)
  • Dimensional Fund Advisors LP (1.1%)
  • Nikko Asset Management Co., Ltd. (1.0%)
  • Daiwa Asset Management Co. Ltd. (0.9%)
  • Norges Bank Investment Management (0.7%)

Contact Details

Related Companies

  • Toyo Engineering Trust
  • Toyo Engineering Pension Fund
  • Toyo Canada Corp.
  • Toyo CR Sdn. Bhd.
  • Toyo-Setal Empreendimentos Ltda.
  • Toyo Engineering Europe SRL
  • Estaleiros do Brasil Ltda.
  • Toyo Engineering Canada Ltd.
  • Toyo do Brasil - Consultoria e Construcoes Industriais Ltda.
  • ASRC Energy Services Tri Ocean Engineering Ltd.
  • Toyo Engineering Europe SA
  • Tecno Frontier Co. Ltd.
  • Tec Air Service Corp.
  • Toyo Engineering Korea Ltd.
  • CCDL Construcoes de Dutos Ltda
  • Toyo Business System Service Corp.
  • Suntec Corp.
  • Tec Software & Technical Service Corp.
  • Toyo Engineering & Construction Sdn. Bhd.
  • Toyo Engineering India Ltd.
  • Toyo Engineering Jakarta

Competitors

  • TTCL Public Co. Ltd.
Last Updated on 19 Jan, 2021

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