Which companies are Toyo Tanso's closest peers?

The cockpit's peer set: Jiangsu Canlon Building Materials (300715.SZ), SP Group A/S (SPG.CO), Chengdu Guibao Science and Technology (300019.SZ), Jiangxi Black Cat Carbon Black (002068.SZ), Jiangsu Favored Nanotechnology (688371.SS), Sakata Inx (4633.T), Shandong Jinjing Science & Technology (600586.SS), Kama (KAMAHOLD.NS).

Is Toyo Tanso expensive compared with its peers?

On forward p/e it trades at 22.9× against a peer median of 23.1×, 8th cheapest of 15 in its peer set.

How has Toyo Tanso stock performed?

Over six months to 6 Nov 2026 the shares returned -5.3% against -24.1% for the median peer; over one year +22.2%.

← CockpitCompetitor Analysis › 5310.T Toyo Tanso Co., Ltd.Open in the cockpit ↗

Toyo Tanso Co., Ltd.5310.TCompetitor analysis, valuation and peers

Japan · JPY·Materials›Industrial Specialties

Momentum laggard 18

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$765M

US dollars, full cap

Free float

64%

of shares outstanding

$/day

$4.33M

20-day average traded

Fwd P/E

22.9×

forward earnings

ROIC−WACC

-7.9 pp

WACC 11.6%

Hurdle

n/a

no reverse DCF

Next earnings

3 days

9 Nov 2026

Close · JPY¥5,750

1D-3.5%

1W-14.3%

1M-28.0%

3M-13.4%

6M-5.3%

YTD+19.3%

1Y+22.2%

ATR %6.4%

52w lowhigh36.0% off high

What Toyo Tanso does

Employees: 1,678

Toyo Tanso at a glance

Size Toyo Tanso (5310.T) is a Japan Materials company (Industrial Specialties) with a market value of $765M, the 858th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥5,750 on 6 Nov 2026.

Performance Over six months the shares fell 5.3%, against -24.1% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue fell 8.5% over the last twelve months (peer median +4.7%); the operating margin is 10.3% (peer median 5.6%).

Valuation It trades at 22.9× forward earnings against a peer median of 23.1× (8th cheapest of 15).

Capital Return on invested capital runs 7.9 points below its cost of capital (11.6% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Toyo Tanso against the median of its 20 peers (local-currency closes).

Toyo Tanso financials

Reported figures in JPY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥45.6B	¥46.2B	¥53.1B	¥49.3B	¥43.8B
Revenue growth	—	-13%	+8%	+13%	—
Gross profit	¥13.5B	¥16.3B	¥22.0B	¥18.1B	¥14.8B
EBITDA	¥9.37B	¥11.1B	¥15.9B	¥12.6B	¥9.81B
Net income	¥4.46B	¥5.46B	¥9.96B	¥7.51B	¥5.18B
Free cash flow	n/a	-¥5.77B	¥2.78B	¥1.52B	¥1.41B
Capital expenditure	n/a	¥12.2B	¥7.16B	¥4.97B	¥4.31B
Total debt	¥5.33B	¥6.27B	¥718M	¥474M	¥860M

Quarterly statements and history in the cockpit →

Toyo Tanso competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Toyo Tanso is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Toyo Tanso is the large dot.

Toyo Tanso competitors and peer comparison

How Toyo Tanso compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Toyo Tanso against its 20 peers (data as of 6 Nov 2026)
Measure	5310.T	Peer median	Rank in peer set
1-month return	-28.0%	-10.7%	3rd lowest of 21
6-month return	-5.3%	-24.1%	5th highest of 21
Distance from 52-week high	-36.0%	-51.7%	7th highest of 21
Revenue growth (TTM)	-8.5%	+4.7%	5th lowest of 21
Operating margin	10.3%	5.6%	6th highest of 21
Forward P/E	22.9×	23.1×	8th cheapest of 15
ROIC minus cost of capital	-7.9 pp	-3.3 pp	6th lowest of 21
EV / EBITDA	11.8×	11.0×	6th cheapest of 11
Net debt / EBITDA	-1.1×	0.9×	2nd least indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Toyo Tanso 5310.T	Japan	$765M	-5%	-8%	10%	22.9×	n/a	n/a
Jiangsu Canlon Building Materials 300715.SZ	China	$770M	-1%	+3%	-2%	52.6×	33.6%	+3.8%
SP Group A/S SPG.CO	Denmark	$788M	+17%	+18%	14%	13.5×	-6.2%	+6.2%
Chengdu Guibao Science and Technology 300019.SZ	China	$737M	-29%	+9%	6%	20.0×	n/a	n/a
Jiangxi Black Cat Carbon Black 002068.SZ	China	$795M	-22%	+1%	-4%	30.8×	n/a	n/a
Jiangsu Favored Nanotechnology 688371.SS	China	$797M	-34%	-7%	-29%	18.1×	n/a	n/a
Sakata Inx 4633.T	Japan	$732M	+8%	+9%	6%	10.7×	-4.0%	+9.8%
Shandong Jinjing Science & Technology 600586.SS	China	$806M	-35%	-23%	-23%	31.6×	0.5%	-1.3%
Kama KAMAHOLD.NS	India	$725M	-19%	+13%	19%	n/a	-17.3%	+13.5%
Shanghai Xinpeng Industry 002328.SZ	China	$723M	-39%	-23%	2%	n/a	14.7%	-2.0%
Shandong Ruifeng Chemical 300243.SZ	China	$715M	-19%	+2%	5%	31.6×	35.4%	+8.6%
Hubei Huitian New Materials 300041.SZ	China	$820M	-13%	+15%	6%	19.3×	10.3%	+15.5%
Shenzhen Cotran Industrial Material 300731.SZ	China	$707M	-47%	-1%	-1%	127.7×	n/a	n/a
Shanghai Smith Adhesive New Material 603683.SS	China	$706M	-43%	+19%	4%	n/a	33.2%	+16.0%
Suzhou Xinguangyi Electronics 301687.SZ	China	$831M	-34%	+7%	19%	n/a	42.9%	+11.3%
Shenma Industry 600810.SS	China	$838M	-33%	-9%	0%	28.6×	9.7%	+7.1%
ZETTA 002256.SZ	China	$843M	-40%	+25%	-5%	n/a	n/a	n/a
Pizu 9893.HK	Hong Kong	$677M	-8%	-8%	22%	n/a	n/a	n/a
TOCALO 3433.T	Japan	$864M	-26%	+6%	23%	11.8×	n/a	n/a
SGL Carbon SGL.DE	Germany	$668M	+2%	-16%	8%	18.9×	2.3%	-1.6%
Guangdong Silver Age Sci & Tech 300221.SZ	China	$667M	-16%	+7%	7%	26.3×	27.7%	+6.0%

Questions

Which companies are Toyo Tanso's closest peers?: The cockpit's peer set: Jiangsu Canlon Building Materials (300715.SZ), SP Group A/S (SPG.CO), Chengdu Guibao Science and Technology (300019.SZ), Jiangxi Black Cat Carbon Black (002068.SZ), Jiangsu Favored Nanotechnology (688371.SS), Sakata Inx (4633.T), Shandong Jinjing Science & Technology (600586.SS), Kama (KAMAHOLD.NS).
Is Toyo Tanso expensive compared with its peers?: On forward p/e it trades at 22.9× against a peer median of 23.1×, 8th cheapest of 15 in its peer set.
How has Toyo Tanso stock performed?: Over six months to 6 Nov 2026 the shares returned -5.3% against -24.1% for the median peer; over one year +22.2%.