Toho Acetylene Co., Ltd. AI Stock Analysis
Want to see JP:4093 full AI Analyst Report?
Toho Acetylene Co., Ltd. (4093) AI Stock Analysis
Toho Acetylene Co., Ltd.
(TSE/TYO:4093)
Toho Acetylene earns a solid score largely driven by its highly attractive valuation, reliable dividend yield, and exceptionally low-risk balance sheet. While the stock's technicals reflect a steady long-term uptrend, the company's lack of top-line revenue growth and thin margins act as primary constraints on its upward trajectory. It remains best suited for defensive, value-oriented investors prioritizing stability and income over aggressive growth.
Toho Acetylene Co., Ltd. (4093) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 14.20B
- Dividend Yield
- 3.46%
- Average Volume (3M)
- 16.23K
- Price to Earnings (P/E)
- 10.9
- Beta (1Y)
- 0.41
- Revenue Growth
- 2.52%
- EPS Growth
- 20.63%
- Country
- Japan
- Employees
- 763
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals
Toho Acetylene Co., Ltd. Business Overview & Revenue Model
Company Description
Established in Tagajo, Japan, in 1948, Toho Acetylene Co., Ltd. serves as a comprehensive supplier of various gases and related equipment across the country. Their extensive portfolio features a wide array of high-pressure gases, including acetylene,...
How the Company Makes Money
The company primarily makes money by manufacturing and selling industrial gases—centered on acetylene—used in welding, cutting, and other industrial processes. Revenue is generated through (1) product sales of gases supplied to end users and distribu...
Toho Acetylene Co., Ltd. Financial Statement Overview
Summary
Toho Acetylene exhibits a highly stable financial profile with an exceptionally resilient balance sheet (low leverage of 0.20 D/E) and robust operating cash flow generation. However, stagnant top-line growth and thin profit margins limit its overall financial score.
Income Statement
58NeutralBalance Sheet
88Very PositiveCash Flow
75Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.58B | 34.58B | 34.80B | 35.42B | 34.09B | 31.29B |
| Gross Profit | 11.24B | 11.24B | 10.97B | 11.17B | 10.12B | 9.60B |
| EBITDA | 2.65B | 2.65B | 2.64B | 2.76B | 2.19B | 1.88B |
| Net Income | 1.29B | 1.29B | 1.29B | 1.42B | 988.73M | 823.63M |
Balance Sheet | ||||||
| Total Assets | 33.96B | 33.96B | 33.74B | 33.76B | 31.42B | 30.33B |
| Cash, Cash Equivalents and Short-Term Investments | 9.64B | 9.64B | 9.50B | 8.99B | 8.54B | 8.33B |
| Total Debt | 3.75B | 3.75B | 3.84B | 3.83B | 3.61B | 3.60B |
| Total Liabilities | 12.64B | 12.64B | 13.35B | 14.28B | 13.10B | 12.77B |
| Stockholders Equity | 19.14B | 19.14B | 18.30B | 17.50B | 16.48B | 15.83B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 861.53M | 1.47B | 1.41B | 666.94M | 968.97M |
| Operating Cash Flow | 0 | 2.40B | 2.23B | 2.41B | 1.11B | 1.78B |
| Investing Cash Flow | 0 | -1.70B | -993.79M | -1.46B | -443.35M | -684.06M |
| Financing Cash Flow | 0 | -746.39M | -730.63M | -492.73M | -454.03M | -630.46M |
Toho Acetylene Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4093, the sentiment is Neutral. The current price of 402.00 is below the 20-day moving average (MA) of 408.75, below the 50-day MA of 417.33, and below the 200-day MA of 411.42, indicating a bearish trend. The MACD of -5.35 indicates Positive momentum. The RSI at 45.21 is Neutral, neither overbought nor oversold. The STOCH value of 57.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4093.
Toho Acetylene Co., Ltd. Peers Comparison
Overall Rating
JP:404184Outperform
JP:501384Outperform
JP:409178.3Outperform- JP:409374Outperform
JP:446371Outperform
JP:409769Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:4041 | 84Outperform | JPY 191.84B | 10.38 | ― | 4.82% | -0.17% | 21.28% |
| JP:5013 | 84Outperform | JPY 42.33B | 9.77 | ― | 4.02% | -0.92% | 0.66% |
| JP:4091 | 78Outperform | JPY 2.60T | 18.05 | ― | 1.08% | 9.89% | 36.49% |
| JP:4093 | 74Outperform | JPY 14.23B | 10.92 | ― | 3.46% | 2.52% | 20.63% |
| JP:4463 | 71Outperform | JPY 29.43B | 7.72 | ― | 3.48% | 10.62% | 52.17% |
| JP:4097 | 69Neutral | JPY 67.18B | 13.17 | ― | 3.27% | 1.10% | 12.09% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:4093 | Toho Acetylene Co., Ltd. | 402.00 | 63.81 | 18.87% | |
| JP:4041 | Nippon Soda Co., Ltd. | 3860.00 | 565.40 | 17.16% | |
| JP:4091 | Nippon Sanso Holdings Corporation | 6163.00 | 1320.79 | 27.28% | |
| JP:4097 | Koatsu Gas Kogyo Co., Ltd. | 1240.00 | 249.47 | 25.19% | |
| JP:4463 | Nicca Chemical Co., Ltd. | 1881.00 | 448.04 | 31.27% | |
| JP:5013 | Yushiro Chemical Industry Co., Ltd. | 3195.00 | 1014.39 | 46.52% |
Toho Acetylene Co., Ltd. Corporate Events
Toho Acetylene Posts Modest Q1 Growth and Maintains Cautious Full-Year Outlook
Toho Acetylene reported a modest rise in net sales to ¥8.76 billion and a slight increase in profit attributable to owners of parent to ¥285 million for the quarter ended June 30, 2026, with basic earnings per share edging up to ¥8.22. The balance sh...
Toho Acetylene Completes Restricted Stock Treasury Share Disposal
Toho Acetylene has completed the payment procedures for the disposal of 16,300 treasury shares under a restricted stock compensation plan approved by its board on July 17, 2026. The shares, priced at 423 yen each for a total value of about 6.89 milli...
Toho Acetylene Issues Restricted Treasury Shares to Align Executive Pay With Shareholders
Toho Acetylene has approved the disposal of 16,300 treasury shares as restricted stock compensation to three internal directors and two senior vice presidents, valued at about ¥6.89 million at ¥423 per share. The move is part of a stock-based compens...
Toho Acetylene unveils growth plan to lift returns and valuation
Toho Acetylene has reviewed its capital-cost-conscious management strategy after reporting fiscal 2026 ROE of 6.87%, above its estimated cost of equity but short of its 8% goal, with profits flat amid higher repair, logistics, and labor costs and unr...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026