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Tosei (8923) Price & Analysis

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8923 Stock Chart & Stats

¥1826.00

¥43.00(2.46%)

At close: Jul 27 4:00 PM EDT

¥1826.00

¥43.00(2.46%)

Day’s Range― - ―

52-Week Range¥1,477.00 - ¥1,943.00

Previous CloseN/A

Volume240.90K

Average Volume (3M)241.73K

Market Cap

¥161.04B

Enterprise Value¥323.23B

Total Cash (Recent Filing)¥44.20B

Total Debt (Recent Filing)¥188.96B

Price to Earnings (P/E)10.3

Beta0.68

Next Earnings

Jan 13, 2027

EPS Estimate

11.06

Next Dividend Ex-DateN/A

Dividend Yield3.02%

Share Statistics

EPS (TTM)160.07

Shares Outstanding97,569,600

10 Day Avg. Volume394,650

30 Day Avg. Volume241,730

Financial Highlights & Ratios

PEG Ratio0.47

Price to Book (P/B)1.54

Price to Sales (P/S)1.67

P/FCF Ratio-34.99

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

¥1,900.00

Price Target Upside4.05% Upside

Rating ConsensusHold

Number of Analyst Covering1

EPS Forecast (FY)167.98

Revenue Forecast (FY)¥118.51B

Bulls Say, Bears Say

Bulls Say

Strong ProfitabilityHigh gross, operating, and net margins indicate that Tosei converts real-estate activity into meaningful earnings. This profitability provides internal resources for reinvestment and helps cushion normal project timing fluctuations, supporting durable earnings quality over the next several quarters.

Healthy Shareholder ReturnsGrowing equity alongside assets suggests that the company has expanded its capital base while maintaining productive use of shareholders’ funds. A steady ROE near 14% supports the view that Tosei’s diversified property operations can generate attractive returns through the cycle.

Improved Cash ConversionPositive operating and free cash flow, with FCF close to net income, shows improved recent conversion of reported profits into cash. That strengthens funding flexibility and gives Tosei more capacity to support operations without relying entirely on external financing.

Bears Say

Elevated LeverageDebt-to-equity of about 1.68x leaves Tosei more exposed to weaker earnings or higher funding costs than a lightly leveraged business. Although equity has grown and leverage modestly improved, the debt burden remains a material constraint on financial flexibility.

Volatile Cash GenerationRecent positive cash flow does not yet establish a consistently reliable pattern, because free cash flow has fallen sharply and several prior annual periods were negative. Uneven project-related working-capital movements can make funding needs and capital allocation less predictable.

Moderating Revenue MomentumThe recent revenue decline signals that top-line expansion has cooled after a strong prior year. Even with healthy margins, slower property sales or development activity can limit operating leverage and make future earnings growth more dependent on execution and project timing.

Tosei News

Tosei Posts Strong Nine-Month Results and Raises Full-Year Forecasts

Tosei ( ($JP:8923) ) has issued an announcement. Tosei Corporation reported strong consolidated results for the nine months...

8d ago

Tosei Lifts Profit and Dividend Forecasts Despite Lower Revenue Outlook

An announcement from Tosei ( ($JP:8923) ) is now available. Tosei Corporation has revised its full-year earnings outlook...

8d ago

TOETF Upcoming Earnings Report: What to Expect?

Tosei Corporation (TOETF) is scheduled to report 3rd quarter earnings on 10/05/2026. Regarding Q3 estimates, Wall Street analysts...

10d ago

Tosei Maintains Place in Key JPX-Nikkei Investment Indices

Tosei ( ($JP:8923) ) just unveiled an announcement. Tosei Corporation has been reselected as a constituent of both...

2M ago

Tosei Backs ¥8 Billion Housing Fund for Single-Parent Families in Japan

Tosei ( ($JP:8923) ) has provided an update. Tosei Corporation has invested in the newly launched Single-Parent Household...

2M ago

Tosei Sharpenes ESG Focus with 2025 Report and Long-Term Sustainability Vision

Tosei ( ($JP:8923) ) just unveiled an update. Tosei Group has released its ESG Report 2025 outlining a...

2M ago

Tosei Delivers Strong First-Half Results on Robust Japan Real Estate Market

Tosei ( ($JP:8923) ) just unveiled an update. Tosei Corporation reported solid growth for the first six months...

3M ago

Tosei Posts Strong First-Half Earnings and Confirms Full-Year Growth Outlook

Tosei ( ($JP:8923) ) has issued an announcement. Tosei Corporation reported strong consolidated results for the six months...

3M ago

TOETF Upcoming Earnings Report: What to Expect?

Tosei Corporation (TOETF) is scheduled to report 2nd quarter earnings on 07/06/2026. Regarding Q2 estimates, Wall Street analysts...

3M ago

Tosei Posts Strong Q1 Earnings and Maintains Robust FY2026 Outlook

Tosei ( ($JP:8923) ) has shared an update. Tosei Corporation reported strong first-quarter results for the period ended...

6M ago

8923 FAQ

What was Tosei Corporation’s price range in the past 12 months?

Tosei Corporation lowest stock price was ¥1477.00 and its highest was ¥1943.00 in the past 12 months.

What is Tosei Corporation’s market cap?

Tosei Corporation’s market cap is ¥161.04B.

When is Tosei Corporation’s upcoming earnings report date?

Tosei Corporation’s upcoming earnings report date is Jan 13, 2027 which is in 93 days.

How were Tosei Corporation’s earnings last quarter?

Tosei Corporation released its earnings results on Oct 05, 2026. The company reported ¥9.4 earnings per share for the quarter, missing the consensus estimate of ¥20.56 by -¥11.16.

Is Tosei Corporation overvalued?

According to Wall Street analysts Tosei Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Tosei Corporation pay dividends?

Tosei Corporation pays a Annually dividend of ¥58 which represents an annual dividend yield of 3.02%. See more information on Tosei Corporation dividends here

What is Tosei Corporation’s EPS estimate?

Tosei Corporation’s EPS estimate is 11.06.

How many shares outstanding does Tosei Corporation have?

Tosei Corporation has 97,569,600 shares outstanding.

What happened to Tosei Corporation’s price movement after its last earnings report?

Tosei Corporation reported an EPS of ¥9.4 in its last earnings report, missing expectations of ¥20.56. Following the earnings report the stock price went down -3.871%.

Which hedge fund is a major shareholder of Tosei Corporation?

Currently, no hedge funds are holding shares in JP:8923

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Tosei Corporation

Tosei Corporation, a Tokyo-headquartered real estate firm founded in Japan in 1950 (and known as Tosei Fudosan Co., Ltd. until its rebranding in October 2006), operates across diverse sectors. The company excels in revitalizing real estate by acquiring properties with diminished asset value and implementing improvements to boost their worth. Its development division constructs various property types, including office buildings, commercial facilities, residential complexes like condominiums and detached homes, and hotels. Tosei also maintains a substantial rental portfolio, leasing buildings, apartments, commercial spaces, and parking areas. Furthermore, its fund and consulting segment offers comprehensive asset management for real estate funds, corporate advisory services, property acquisition and disposition, alongside investment management and financial instrument activities. The property management arm provides services such as building oversight, security, renovations, and tenant leasing. Beyond these, Tosei engages in general real estate consultancy, brokerage, and the planning, operation, and management of hotels.

Tosei (8923) Earnings & Revenues

Historic Earnings Reports

8923 Stock 12 Month Forecast

Average Price Target

¥1,900.00

▲(4.05% Upside)

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Detailed Analyst Forecast >