TOYO TIRE CORPORATION chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 2,799.25
Dividend & Yield80.00¥ (4.73%)
Beta 0.98
Market capitalization 256.77B
Operating cash flow 7.41B
ESG Scores unknown

Company description

Toyo Tire Corporation manufactures and sells tires in Japan and internationally. The company provides tires for passenger vehicles, SUVs and pickup trucks, and trucks and buses under the Toyo Tires and Nitto. It also offers automotive parts including engine and motor mounts, suspension parts, and Constant velocity universal joint (CVJ) boots. The company was formerly known as Toyo Tire & Rubber Co., Ltd. and changed its name to Toyo Tire Corporation in January 2019. Toyo Tire Corporation was incorporated in 1943 and is headquartered in Itami, Japan.

Sector: Consumer Cyclical - Industry: Auto Parts

Financial Ratios
Quick Ratio1.15
Working Capital0.41
Return On Equity0.15
Debt To Equity0.31
Fixed Asset Ratio0.02
Fixed Interest Cover36.41

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -774M -25.36B -2.72B 3.57B
Total Cashflows From Investing Activities -28.43B -38.27B -27.86B -37.54B
Net Borrowings 19.09B -19.46B -4.82B 15.68B
Total Cash From Financing Activities 12.83B 20.73B -12.64B 11.7B
Change To Operating Activities 22.41B 6.82B 9.97B -3.41B
Issuance Of Stock 50.44B 50.44B
Net Income 10.55B 24.48B 11.68B 41.35B
Change In Cash 2.58B -6.39B 12.22B 17.29B
Effect Of Exchange Rate -884M -78M -1.08B 3.77B
Total Cash From Operating Activities 19.06B 11.23B 53.8B 34.47B
Depreciation 25.8B 25.16B 21B 21.47B
Change To Account Receivables -4.17B 5.58B 651M -5.81B
Other Cashflows From Financing Activities -545M -4B -902M 2.94B
Change To Netincome -34.05B -32.87B -9.06B -18.44B
Capital Expenditures -27.36B -43.15B -22.3B -36.31B

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 17.07B 34.05B 15.7B 57.36B
Net Income 10.55B 24.48B 11.68B 41.35B
Selling General Administrative 87.5B 92.31B 86.94B 107.96B
Gross Profit 134.17B 130.82B 123.24B 161.04B
Ebit 42.39B 38.45B 36.33B 53.08B
Operating Income 42.39B 38.45B 36.33B 53.08B
Interest Expense -2.6B -2.26B -1.75B -1.46B
Income Tax Expense 5.89B 8.91B 3.82B 15.9B
Total Revenue 393.22B 377.46B 343.76B 393.65B
Cost Of Revenue 259.05B 246.63B 220.52B 232.61B
Total Other Income ExpenseNet -25.32B -4.39B -20.63B 4.28B
Net Income From Continuing Ops 11.17B 25.14B 11.88B 41.46B
Net Income Applicable To Common Shares 10.55B 24.48B 11.68B 41.35B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 312.13B 244.24B 222.89B 251.07B
Total Stockholder Equity 152.74B 222.76B 220.78B 279.95B
Other Current Liabilities 65.7B 56.15B 56.68B 61.03B
Total Assets 469.38B 468.75B 445.58B 531.23B
Common Stock 30.48B 55.94B 55.94B 55.94B
Other Current Assets 21.62B 20.58B 15.05B 17.34B
Retained Earnings 67.88B 86.11B 90.87B 125.12B
Treasury Stock 25.87B 26.22B 19.47B 44.57B
Cash 31.39B 25.12B 37.65B 55.62B
Total Current Liabilities 174.5B 130B 108.64B 135.35B
Other Stockholder Equity 26.02B 26.37B 19.62B 44.71B
Property, Plant, and Equipment 190.3B 207.08B 200.71B 226.61B
Total Current Assets 209.17B 197.27B 180.74B 236.83B
Net Tangible Assets 146.37B 216.01B 215.92B 273.63B
Net Receivables 81.19B 75B 72.25B 82.94B
Accounts Payable 59.58B 34.14B 29.67B 34B


Insider Transactions

Here are the insider transactions of stock shares related to TOYO TIRE CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TOYO TIRE CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TOYO TIRE CORPORATION

Here is the result of two systematic investment strategies applied to TOYO TIRE CORPORATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TOYO TIRE CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to TOYO TIRE CORPORATION:

TOYO TIRE CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 2.04% on the backtest period.

Performance at glance

Performance

2.04 %

Latent gain

225.0 ¥

Invested capital

11055.0 ¥

Annualized return

0.49 %
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Momentum strategy results on TOYO TIRE CORPORATION

This is the result of two momentum investment strategies applied to TOYO TIRE CORPORATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TOYO TIRE CORPORATION

The following chart shows all the entries opened by the momentum investment system on TOYO TIRE CORPORATION:

TOYO TIRE CORPORATION momentum entries
  • The first momentum investment strategy would give -9.52% of return on TOYO TIRE CORPORATION. That represents -791.0¥ of latent gain with 8311.0¥ of employed capital.
  • The second momentum investment strategy would give -9.59% of return on TOYO TIRE CORPORATION. That represents -798.0¥ of latent gain with 8318.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-9.52 %

Latent gain

-791.0 ¥

Invested capital

8311.0 ¥

Annualized return

17.93 %
Performance at glance (2Q Momentum)

Performance

-9.59 %

Latent gain

-798.0 ¥

Invested capital

8318.0 ¥

Annualized return

-2.58 %

Momentum equity curve on TOYO TIRE CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to TOYO TIRE CORPORATION:

TOYO TIRE CORPORATION momentum equity

Note: the dividends potentially given by TOYO TIRE CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOYO TIRE CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on TOYO TIRE CORPORATION since the beginning:

TOYO TIRE CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on TOYO TIRE CORPORATION

Buy the dip entry openings on TOYO TIRE CORPORATION

TOYO TIRE CORPORATION

The performance achieved by the robo-advisor on TOYO TIRE CORPORATION is 39.45%. That represents 3191.0$ of latent gain with 8089.0¥ of employed capital. The following chart shows TOYO TIRE CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TOYO TIRE CORPORATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

39.45 %

Latent gain

3191.0 ¥

Invested capital

8089.0 ¥

Annualized return

17.93 %

Equity curve of the strategy applied to TOYO TIRE CORPORATION

The following chart shows the result of the investment strategy applied to TOYO TIRE CORPORATION:

TOYO TIRE CORPORATION

Note: the dividends potentially given by TOYO TIRE CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOYO TIRE CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on TOYO TIRE CORPORATION:

TOYO TIRE CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TOYO TIRE CORPORATION

In this section, I will compare the three previous investment strategies applied to TOYO TIRE CORPORATION.

Equity curve comparison on TOYO TIRE CORPORATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TOYO TIRE CORPORATION investment strategy comparison

Employed capital comparison on TOYO TIRE CORPORATION

TOYO TIRE CORPORATION investment comparison

Performance comparison on TOYO TIRE CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 2.04% 225.0¥ 11055.0¥ 0.49%
Momentum 1 quarter -9.52% -791.0¥ 8311.0¥ -2.4%
Momentum 2 quarters -9.59% -798.0¥ 8318.0¥ -2.58%
Non-directional 39.45% 3191.0¥ 8089.0¥ 17.93%
Annualized return comparison

Automatic investment

0.49 %

Momentum 1Q

-2.58 %

Momentum 2Q

-2.58 %

Non-directional

17.93 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TOYO TIRE CORPORATION:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TOYO TIRE CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of TOYO TIRE CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TOYO TIRE CORPORATION
Country Japan
City Itami
Address 2-2-13 Fujinoki
Phone 81 72 789 9100
Website www.toyotires.co.jp
FullTime employees 10324
Industry Auto Parts
Sector Consumer Cyclical
Exchange XTKS
Ticker 5105.XTKS
Market www.jpx.co.jp

TOYO TIRE CORPORATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown