The Discounted Cash Flow (DCF) valuation of Toyo Suisan Kaisha Ltd (2875.T) is 13,087 JPY. With the latest stock price at 9,049.00 JPY, the upside of Toyo Suisan Kaisha Ltd based on DCF is 44.6%.

Is 2875.T a buy or a sell?

Based on the latest price of 9,049.00 JPY and our DCF valuation, Toyo Suisan Kaisha Ltd (2875.T) is a buy. Buying 2875.T stocks now will result in a potential gain of 44.6%.

	Range	Selected
WACC / Discount Rate	5.0% - 6.9%	5.9%
Long-term Growth Rate	0.5% - 1.5%	1.0%
Fair Price	10,763.3 - 17,367.97	13,087.39
Upside	18.9% - 91.9%	44.6%

9,049.00 JPY

Stock Price

13,087 JPY

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

2875.T DCF Valuation: Revenue & Expenses Forecast

(JPY in millions)		Projections

	03-2025	03-2026	03-2027	03-2028	03-2029	03-2030

Revenue	507,600	532,379	546,304	588,934	600,713	622,952
% Growth	4%	5%	3%	8%	2%	4%

Cost of goods sold	(356,291)	(373,684)	(383,458)	(413,381)	(421,648)	(437,258)
% of Revenue	70%	70%	70%	70%	70%	70%

Selling, G&A expenses	(72,852)	(76,408)	(78,407)	(84,525)	(86,216)	(89,408)
% of Revenue	14%	14%	14%	14%	14%	14%

Research & Development	(1,571)	(1,648)	(1,691)	(1,823)	(1,859)	(1,928)
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	6,973	7,313	7,505	8,090	8,252	8,558
% of Revenue	1%	1%	1%	1%	1%	1%

Tax expense	(20,589)	(21,594)	(22,159)	(23,888)	(24,366)	(25,268)
Tax rate	25%	25%	25%	25%	25%	25%

Net profit	63,270	66,359	68,094	73,408	74,876	77,648
% Margin	12%	12%	12%	12%	12%	12%