Toho Zinc Co.,Ltd.

5707 東邦亜鉛株式会社

Other Industrial Metals & Mining · Prime · TSE: Disclosed

PRICE: ¥859 · MKT CAP: ¥29.3B · P/E: — · P/B: 1.65x · DIV YIELD: 0.0%

PRICE — 5Y

Characteristics & Business Summary

Toho Zinc Co., Ltd. operates in the smelting and refining, mineral resources, electronic components, advanced materials, and environment and recycling businesses in Japan. The company offers electrolytic zinc, die-casting zinc alloys, zinc powder, cadmium...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Net Sales	103,469	124,279	145,764	130,803	126,267
Operating Profit	5,894	10,509	4,049	-690	5,625
Ordinary Profit	5,419	9,353	3,137	-10,727	3,689
Net Profit	5,508	7,922	794	-46,452	-1,458
EPS	¥406	¥583	¥58	¥-3,421	¥-43
DPS	¥50	¥75	¥75	¥0	¥0

Balance Sheet & Valuation Highlights

Total Assets ¥99B

Net Assets (Equity) ¥10B

Equity Ratio 10.2%

ROE (Return on Equity) —

Cash & Equivalents ¥21B

Interest-Bearing Debt ¥74B

Capital Expenditure (CapEx) ¥2B

Depreciation & Amort. ¥3B

Major Shareholders

1. 投資事業有限責任組合アドバンテッジパートナーズⅦ号 22.9%
2. JBO (AP) Ⅶ, L.P.（国内連絡先株式会社アドバンテッジパートナーズ） 10.7%
3. APCP Ⅶ, L.P.（国内連絡先株式会社アドバンテッジパートナーズ） 10.5%
4. CJIP (AP) Ⅶ, L.P.（国内連絡先株式会社アドバンテッジパートナーズ） 7.1%
5. 株式会社辰巳商会 5.9%
6. The Master Trust Bank of Japan, Ltd. (Trust Account) 4.4%
7. AP Reiwa F7-B, L.P.（国内連絡先株式会社アドバンテッジパートナーズ） 2.0%
8. AP Reiwa F7-A, L.P.（国内連絡先株式会社アドバンテッジパートナーズ） 1.4%
9. Custody Bank of Japan, Ltd. (Trust Account) 0.6%
10. BNY Mellon (Nominee) 0.6%

Activist Activity

AP International VII GP, Inc. 34.39%

2026-06-05 · increase

Ａｐｒｉｃｕｓ　Ｐａｒｔｎｅｒｓ　LLC 15.74%

2026-05-19 · correction

Apricus Partners LLC 15.74%

2026-05-19 · change

Apricus Partners LLC 15.74%

2026-05-19 · correction

Ａｐｒｉｃｕｓ　Ｐａｒｔｎｅｒｓ　LLC 15.69%

2026-05-18 · correction

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues per share	¥7,620	¥9,153	¥10,735	¥9,634	¥3,701
FCF/Share	¥116	¥-577	¥585	¥-75	¥38
EPS	¥406	¥583	¥58	¥-3,421	¥-43
DPS	¥50	¥75	¥75	¥0	¥0
Capital Spending per share	¥201	¥195	¥226	¥352	¥46
Book Value per share	¥2,358	¥2,892	¥2,875	¥-621	¥-13
Common Shares Outstanding	14M	14M	14M	14M	34M

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024
Revenues (Net Sales)	¥103B	¥124B	¥146B	¥131B	¥126B
Operating Margin (%)	5.7%	8.5%	2.8%	-0.5%	4.5%
Net Profit (owners)	¥6B	¥8B	¥1B	¥-46B	¥-1B
Net Profit Margin (%)	5.3%	6.4%	0.5%	-35.5%	-1.2%
Working Capital	¥-15B	¥-17B	¥-16B	¥-33B	¥-14B
Total Debt (Interest-bearing)	¥48B	¥58B	¥60B	¥76B	¥74B
Net Worth (Common Equity)	¥32B	¥39B	¥39B	¥-8B	¥-0B
Return on Total Assets (ROA)	4.8%	5.4%	0.6%	-42.8%	-1.5%
Return on Common Equity (ROE)	17.2%	20.2%	2.0%	—	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.