Toyota Tsusho (8015) AI Stock Analysis

• Market Cap: ¥4.39T
• Dividend Yield: 2.55%
• Average Volume (3M): 2.00M
• Price to Earnings (P/E): 11.9
• Beta (1Y): 1.46
• Revenue Growth: 1.69%
• EPS Growth: 9.10%
• Country: JP
• Employees: 69,517
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 93.16
• Shares Outstanding: 1,062,169,600
• 10 Day Avg. Volume: 1,957,420
• 30 Day Avg. Volume: 2,000,276
• PEG Ratio: 0.85
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.26
• P/FCF Ratio: 7.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥4,499.34
• Price Target Upside: 8.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: ¥4,527.00 ▲(9.24% Upside)

Toyota Tsusho's strong financial performance and bullish technical indicators are the primary drivers of its high score. The stock's reasonable valuation further supports its attractiveness. However, the overbought RSI suggests caution as a potential pullback could occur.

Toyota Tsusho Business Overview & Revenue Model

Company Description

Toyota Tsusho Corporation engages in the metals, parts and logistics, automotive, machinery, energy and project, chemicals and electronics, and food and consumer services businesses worldwide. The company manufactures steel products, steel construction materials, non-ferrous metal ingots, precious metals, aluminum products, copper and ferro-alloy products, waste catalysts, pig iron, and rare earth resources and metals; and iron, steel, and nonferrous metals scraps, as well as recycles vehicles and auto parts. It also offers component parts for automotives; runs logistics, and tire and wheel assembly business; and sells passenger, commercial, and light vehicles, as well as motorcycles, trucks, buses, and automotive parts. In addition, the company is sells machine tools; medical and environmental equipment; develops and operates infrastructure projects; sells fuels, including LPG and biodiesel; and construction, industrial, and textile machinery, as well as engages in water treatment, infrastructure projects, and energy and electric power supply businesses. Further, it offers semiconductors, plastics and rubber products, modular products, batteries and electronic materials, electronic equipment, specialty and inorganic chemicals, fat and oil products, chemical additives, and pharmaceuticals and pharmaceutical ingredients; PCs, and PC peripherals and software; intelligent transport systems; automotive embedded software development; network integration and support services; property, casualty, and life insurance; and securities brokerage services. Additionally, the company manufactures agricultural, marine, and livestock products; feed and oilseeds; grains, processed foods, and food ingredients; and alcoholic beverages. It also sells textile products, construction and housing materials, apparel, and furniture; develops nursing care facilities; and operates general hospitals and hotels. The company was incorporated in 1948 and is headquartered in Nagoya, Japan.

How the Company Makes Money

Toyota Tsusho makes money through a diversified revenue model that encompasses trading, manufacturing, and investments across various industries. Key revenue streams include the sale and distribution of metals, automotive components, and machinery. The company also earns significant income from its energy and chemical sectors, which involve the trade of petroleum products, natural gas, and renewable energy solutions. Additionally, Toyota Tsusho benefits from its strategic investments and partnerships in emerging markets, particularly in Africa, where it focuses on infrastructure, health, and technology sectors. The company's global logistics operations further contribute to its earnings by providing comprehensive supply chain solutions.

Toyota Tsusho Financial Statement Overview

Summary

Toyota Tsusho demonstrates strong revenue growth and profitability, supported by efficient operations and a stable balance sheet. However, the decline in free cash flow growth is a potential risk. Continued focus on cash flow management and debt reduction could enhance financial stability.

Income Statement

Toyota Tsusho's income statement shows strong revenue growth with a TTM increase of 50.8%. The company maintains healthy margins, with a gross profit margin of 10.87% and a net profit margin of 3.52%. EBIT and EBITDA margins are also solid at 5.09% and 6.57%, respectively. These metrics indicate robust profitability and operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.71, indicating moderate leverage. The return on equity is strong at 14.05%, showcasing effective use of equity to generate profits. The equity ratio of 37.86% suggests a balanced capital structure, though there is room for improvement in reducing debt levels.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 12.84% TTM, which is a concern. However, the operating cash flow to net income ratio is healthy at 0.20, and the free cash flow to net income ratio is 0.65, indicating good cash conversion. The company needs to focus on improving free cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.19T	10.19T	9.85T	8.03T	6.31T	6.69T
Gross Profit	1.07T	992.39B	909.18B	706.71B	554.88B	585.50B
EBITDA	657.55B	652.28B	572.14B	449.74B	346.43B	364.80B
Net Income	334.56B	331.44B	284.16B	222.24B	134.60B	135.55B
Balance Sheet
Total Assets	7.34T	7.06T	6.38T	6.14T	5.23T	4.55T
Cash, Cash Equivalents and Short-Term Investments	856.98B	878.71B	771.61B	653.01B	677.48B	496.37B
Total Debt	2.06T	2.13T	2.15T	1.97T	1.75T	1.63T
Total Liabilities	4.61T	4.44T	4.31T	4.20T	3.57T	3.17T
Stockholders Equity	2.58T	2.47T	1.91T	1.74T	1.47T	1.20T
Cash Flow
Free Cash Flow	360.42B	367.09B	283.31B	-85.63B	120.73B	164.00B
Operating Cash Flow	529.34B	542.13B	444.29B	50.14B	245.06B	267.81B
Investing Cash Flow	-178.62B	-222.92B	-329.20B	-157.30B	-104.37B	-193.47B
Financing Cash Flow	-357.63B	-259.92B	-17.39B	44.87B	26.27B	-34.12B

Toyota Tsusho Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4144.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8015, the sentiment is Positive. The current price of 4144 is above the 20-day moving average (MA) of 3996.85, above the 50-day MA of 3738.44, and above the 200-day MA of 2959.15, indicating a bullish trend. The MACD of 105.38 indicates Positive momentum. The RSI at 65.65 is Neutral, neither overbought nor oversold. The STOCH value of 61.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8015.

Toyota Tsusho Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8015	79 Outperform	¥4.39T	11.90	14.15%	2.55%	1.69%	9.10%
8053	79 Outperform	5.31T	8.71	12.09%	2.96%	4.25%	59.51%
8001	78 Outperform	12.57T	12.94	16.68%	2.29%	2.83%	22.27%
8031	74 Outperform	10.77T	13.24	10.74%	2.65%	0.76%	-22.37%
8058	72 Outperform	13.64T	17.76	8.98%	2.78%	-7.01%	-17.06%
8002	69 Neutral	6.11T	11.64	14.32%	2.61%	8.52%	10.16%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Toyota Tsusho Corporate Events

Toyota Tsusho Reports Steady Q1 2025 Financial Results

Toyota Tsusho Corporation reported its consolidated financial results for the three months ended June 30, 2025, showing a slight increase in revenue and profits compared to the previous year. Despite a decrease in total comprehensive income, the company maintained stable financial positioning with a slight increase in total assets and equity. The results indicate a steady performance in a challenging market environment, with no changes made to the dividend and earnings forecasts, reflecting confidence in future stability.

Toyota Tsusho Announces Share Repurchase Plan

Toyota Tsusho Corporation has announced a resolution to repurchase its own shares through a tender offer, contingent on the successful completion of a related offer by Toyota Industries. This move is part of Toyota Tsusho’s strategy to enhance shareholder value, aligning with its mid-term business plan to maintain a return on equity of 13% or higher and to return over 300 billion yen to shareholders. The company also plans to pay a total annual dividend of 105 yen per share for FY2024, reflecting its commitment to progressive dividends and flexible return measures.

Toyota Tsusho to Tender Shares in Toyota Industries for Strategic Gain

Toyota Tsusho Corporation has decided to tender all its shares in Toyota Industries Corporation as part of a strategic move to reduce cross-shareholdings. This decision is expected to result in an extraordinary gain of 212.8 billion yen in Toyota Tsusho’s non-consolidated financial statements for the fiscal year ending March 31, 2026, although it will not affect the consolidated financial results due to the adoption of International Financial Reporting Standards.

Toyota Tsusho Affirms Independence Amid Close Ties with Toyota Motor

Toyota Tsusho Corporation, with 21.8% of its voting stock held by Toyota Motor Corporation, maintains a significant portion of its sales with the Toyota Group, accounting for 39.7% of its total net sales. Despite this close relationship, Toyota Tsusho asserts its operational independence, with transaction terms determined through individual negotiations, ensuring no undue influence from its parent company.