Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Our report is an authoritative Owner’s Manual on the company.
- A vital piece in the investor’s toolbox, our report allows you to uncover the essence of the business
- We pinpoint strengths and weaknesses; discuss strategy
- Our aim is to make deep knowledge about the company readily available, saving investors time and enabling dialogue

We offer our research as a service for Japanese corporates.
- Our in-depth reports allow them to better inform investors by presenting an unbiased third-party view of business fundamentals
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We start our coverage with a substantial core report.
- We continuously update this report to reflect earnings, news flow, and any material developments
- We thoroughly interview management on a quarterly basis

Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>Q1 consolidated sales reached JPY15.2bn, up 17.8% YoY, driven by Thermal Spraying and Overseas Subsidiaries growth.</li><li>Recurring profit rose 38.6% YoY to JPY4.1bn, with RPM improving by 4.1pp to 26.8%.</li><li>Orders increased 5.8% YoY to JPY14.4bn, while the order backlog decreased 6.7% YoY to JPY10.6bn.</li></ul>

Q1 consolidated sales reached JPY15.2bn, up 17.8% YoY, driven by Thermal Spraying and Overseas Subsidiaries growth.Recurring profit rose 38.6% YoY to JPY4.1bn, with RPM improving by 4.1pp to 26.8%.Orders increased 5.8% YoY to JPY14.4bn, while the order backlog decreased 6.7% YoY to JPY10.6bn.

Tocalo Co Ltd (3433 JP): Q1 FY03/26 flash update