Toyo Seikan Group Holdings, Ltd.

5901 東洋製罐グループホールディングス株式会社

Packaging & Containers · Prime · TSE: Disclosed

PRICE: ¥3,933 · MKT CAP: ¥627.6B · P/E: 10.9x · P/B: 0.85x · DIV YIELD: 2.3%

PRICE — 5Y

Characteristics & Business Summary

Toyo Seikan Group Holdings, Ltd., together with its subsidiaries, manufactures and sells packaging containers in Japan, rest of Asia, and internationally. It operates through Packaging; Engineering, Filling and Logistics; Steel Plate Related; Functional...

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

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	749	822	906	951	923	960	1,030
Operating Profit	27	34	7	34	34	—	30
Ordinary Profit	27	46	14	39	38	960	—
Net Profit	16	44	10	23	22	55	30
EPS	¥85	¥244	¥57	¥133	¥140	¥345	¥200
DPS	¥43	¥88	¥89	¥90	¥91	¥132	¥186

Balance Sheet & Valuation Highlights

Total Assets ¥1,241B

Net Assets (Equity) ¥728B

Equity Ratio 0.6%

ROE (Return on Equity) 7.6%

Cash & Equivalents ¥115B

Interest-Bearing Debt —

Capital Expenditure (CapEx) —

Depreciation & Amort. —

Major Shareholders

1. Japan Master Trust Bank 12.5%
2. 学校法人東洋食品工業短期大学 10.5%
3. 公益財団法人東洋食品研究所 7.8%
4. Japan Custody Bank 6.0%
5. STATE STREET BANK AND TRUST COMPANY 4.9%
6. Fukoku Mutual Life Insurance 3.5%
7. Sumitomo Mitsui Banking Corporation 2.6%
8. The Gunma Bank, Ltd. 2.6%
9. 公益財団法人阪急文化財団 1.8%
10. Sumitomo Mitsui Trust Bank, Limited 1.3%

Activist Activity

Sumitomo Mitsui Banking Corporation 3.71%

2026-04-07 · change

Sumitomo Mitsui DS Asset Management Company, Limited 5.02%

2025-10-22 · initial_5pct

Marathon Asset Management Limited 5.22%

2025-07-07 · change

Marathon Asset Management Limited 5.3%

2025-03-21 · initial_5pct

TOYO COLLEGE OF FOOD TECHNOLOGY 9.53%

2024-06-05 · correction

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥3,981	¥4,512	¥4,976	¥5,462	¥5,781	¥6,016	—
FCF/Share	¥81	¥155	¥-451	¥70	¥379	—	—
EPS	¥85	¥244	¥57	¥133	¥140	¥345	¥200
DPS	¥43	¥88	¥89	¥90	¥91	¥132	¥186
Capital Spending per share	¥341	¥260	¥347	¥301	¥211	¥0	—
Book Value per share	¥2,955	¥3,185	¥3,130	¥3,201	¥3,324	¥4,559	—
Common Shares Outstanding	188M	182M	182M	174M	160M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥749B	¥822B	¥906B	¥951B	¥923B	¥960B	¥1,030B
Operating Margin (%)	3.6%	4.2%	0.8%	3.6%	3.7%	—	2.9%
Net Profit (owners)	¥16B	¥44B	¥10B	¥23B	¥22B	¥55B	¥30B
Net Profit Margin (%)	2.1%	5.4%	1.1%	2.4%	2.4%	5.7%	2.9%
Working Capital	¥92B	¥120B	¥100B	¥102B	¥88B	—	—
Total Debt (Interest-bearing)	¥121B	¥107B	¥179B	¥190B	¥226B	—	—
Net Worth (Common Equity)	¥556B	¥580B	¥570B	¥557B	¥530B	¥728B	—
Return on Total Assets (ROA)	1.5%	4.1%	0.9%	2.0%	1.9%	4.4%	—
Return on Common Equity (ROE)	2.9%	7.7%	1.8%	4.1%	4.2%	7.6%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.