Toyo Corp. (8151) AI Stock Analysis

Toyo Corp.

(TSE/TYO:8151)

Select Model

Rating:73Outperform

Price Target:JPY 2,032.00▲(10.49% Upside)

Action:reiterated

Date:08/06/26

The overall score is driven primarily by the company's highly resilient balance sheet and strong technical momentum, which together offset near-term operational challenges. While margin contraction and revenue declines pose risks, the firm's minimal debt and high earnings quality provide significant stability. Combined with an attractive valuation and a solid dividend yield, the stock maintains a favorable risk-reward profile despite the income statement headwinds.

Positive Factors

Strong balance sheet and low leverageVery low leverage gives Toyo financial flexibility to withstand operating weakness and continue investing without relying heavily on debt. A strong equity base also reduces balance-sheet risk and supports resilience through cyclical conditions affecting electronics and industrial customers.

Negative Factors

Recent revenue contractionRevenue contraction signals weaker recent demand or sales execution across Toyo's electronics and industrial technology activities. If the decline persists, lower scale can reduce operating leverage, limit investment capacity, and make it harder for the company to expand its customer and supplier relationships.

Toyo Corp. (8151) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 38.41B
Dividend Yield: 3.81%
Average Volume (3M): 197.40K
Price to Earnings (P/E): 14.9
Beta (1Y): 0.85
Revenue Growth: 15.20%
EPS Growth: 230.16%
Country: Japan
Employees: 653
Sector: Technology
Sector Strength: 61
Industry: Hardware, Equipment & Parts

Toyo Corp. Business Overview & Revenue Model

Company Description

TOYO Corporation, an international company based in Tokyo, Japan, and founded in 1953 (originally TOYO Trading Co., Ltd. until its name change in 1977), specializes in providing advanced measurement instruments and related technological solutions. It...

How the Company Makes Money

Toyo Corp. generates revenue primarily through (1) sales of products sourced from domestic and overseas manufacturers—such as electronic components, electronic/industrial equipment, and measurement/test instruments—to corporate and institutional cust...

Toyo Corp. Financial Statement Overview

Summary

Overall financial performance is mixed but stable. A fortress-like balance sheet with minimal debt and strong equity provides immense resilience. However, this is partially offset by operational headwinds, including declining revenue, shrinking profit margins, and a downward trend in free cash flow.

Income Statement

45Neutral

Balance Sheet

88Very Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	37.52B	32.56B	35.04B	28.17B	26.49B	23.51B
Gross Profit	16.48B	14.01B	15.18B	11.54B	11.56B	10.32B
EBITDA	4.64B	3.15B	4.48B	3.12B	3.77B	3.54B
Net Income	2.67B	1.20B	2.52B	1.53B	1.92B	1.73B
Balance Sheet
Total Assets	41.96B	40.26B	39.38B	40.22B	41.82B	39.16B
Cash, Cash Equivalents and Short-Term Investments	5.68B	5.74B	5.03B	4.03B	6.22B	14.18B
Total Debt	1.60B	2.70B	2.00B	0	0	0
Total Liabilities	12.80B	12.14B	11.25B	11.90B	12.43B	9.42B
Stockholders Equity	29.11B	28.08B	28.08B	28.31B	29.40B	29.74B
Cash Flow
Free Cash Flow	1.72B	1.72B	2.13B	-1.98B	-5.82B	5.46B
Operating Cash Flow	2.20B	2.20B	4.11B	-105.39M	1.83B	6.05B
Investing Cash Flow	-770.20M	-770.20M	-2.89B	1.81B	-1.74B	-5.33B
Financing Cash Flow	-972.42M	-972.42M	-736.17M	-2.86B	-1.49B	-2.15B

Toyo Corp. Technical Analysis

Technical Analysis SentimentNegative

Last Price1839.00

Price Trends

50DMA1881.78Negative

100DMA1914.74Negative

200DMA1840.97Negative

Market Momentum

MACD1.36Positive

RSI42.87Neutral

STOCH22.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8151, the sentiment is Negative. The current price of 1839.00 is below the 20-day moving average (MA) of 1893.00, below the 50-day MA of 1881.78, and below the 200-day MA of 1840.97, indicating a bearish trend. The MACD of 1.36 indicates Positive momentum. The RSI at 42.87 is Neutral, neither overbought nor oversold. The STOCH value of 22.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8151.

Toyo Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

JP:8151 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:8151	73Outperform	JPY 38.41B	14.87	9.32%	3.81%	15.20%	230.16%
JP:5344	68Neutral	JPY 635.02B	27.77	15.30%	0.21%	25.86%	25.55%
JP:6770	68Neutral	JPY 408.72B	16.02	3.75%	3.07%	5.06%	-65.51%
JP:6806	66Neutral	JPY 748.91B	23.55	8.79%	2.20%	15.94%	6.46%
JP:6981	62Neutral	JPY 11.73T	43.72	10.61%	1.10%	14.53%	24.27%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JP:6787	54Neutral	JPY 449.17B	21.95	―	1.29%	22.48%	27.77%

* Technology Sector Average

Performance Comparison

JP:8151 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:8151	Toyo Corp.	1839.00	236.21	14.74%
JP:5344	Maruwa Co	51470.00	7681.96	17.54%
JP:6770	Alps Alpine Co	2085.00	195.04	10.32%
JP:6806	HIROSE ELECTRIC CO	23625.00	3392.57	16.77%
JP:6981	Murata Manufacturing Co	6358.00	3012.39	90.04%
JP:6787	Meiko Electronics Co., Ltd.	8550.00	3475.09	68.48%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 06, 2026

Toyo Corp. AI Stock Analysis