Construction Industry: approx. 70%
Real Estate Development: approx. 20%
Renewable Energies: approx. 10%

TOP 3 Markets:

1. Japan: approx. 60%
2. Southeast Asia: approx. 25%
3. Australia: approx. 15%

The Toda Corporation generates the majority of its revenue from the construction industry, which is typical for a company in this sector. Real estate development and renewable energies are also significant sources of revenue that have gained importance in recent years.

Japan remains the main market for Toda, attributed to the strong presence and established network in the home country. Southeast Asia and Australia are important growth regions where the company has intensified its activities in recent years to benefit from the infrastructure developments in those areas.

Production Sites: Japan, Brazil, Vietnam, Thailand

The Toda Corporation is a Japanese construction company that has its main production in Japan. In addition, the company has expanded its international presence through production facilities in Brazil, Vietnam, and Thailand. These sites enable Toda Corporation to efficiently carry out its construction projects in different regions and benefit from the respective local markets.

Growth Strategy: Diversification and International Expansion (2026)

Toda Corporation is pursuing a strategy of diversifying its business sectors to reduce its dependence on traditional construction projects. This includes investments in renewable energies and infrastructure projects that promote sustainable development.

Additionally, the company is focusing on international expansion, especially in Asian markets, to tap into new growth opportunities. This strategy is supported by partnerships and joint ventures with local companies to facilitate market entry and overcome cultural as well as regulatory challenges.

The focus on technological innovations, such as the use of Building Information Modeling (BIM) and other digital solutions, is also intended to increase the efficiency and competitiveness of construction projects.

Main raw materials: Steel, concrete, wood, copper

Import countries: China, South Korea, Australia, Canada

The Toda Corporation mainly imports steel, concrete, wood, and copper, which are essential for its construction projects. Steel and copper are primarily sourced from China and South Korea, as these countries are significant producers and offer competitive prices. Concrete is often procured locally, but special concrete mixes can also be imported from South Korea.

Wood is imported from Canada, known for its sustainable forestry practices. Australia also supplies raw materials, especially in the metals and minerals sector, required for specific construction needs.

This import strategy enables the Toda Corporation to source high-quality materials at competitive prices, crucial for the cost efficiency and quality of its construction projects.

Market share: 5.2% (2025, estimated)
EBITDA margin: 8.1% (2025)
Return on Equity (ROE): 7.4% (2025)

Toda Corporation is a significant player in the construction industry in Japan, known for its expertise in high-rise construction and infrastructure projects. The company's competitive advantage lies in its long-standing experience and ability to efficiently manage complex construction projects.

The EBITDA margin of 8.1% indicates that the company is able to control its costs well and operate profitably. This is solid compared to other companies in the industry, but not outstanding.

The market share of 5.2% suggests that Toda Corporation holds a relevant but not dominant position in the market. The Return on Equity of 7.4% shows moderate profitability, indicating efficient capital utilization but leaving room for improvement.

Overall, Toda Corporation has a stable but not outstanding competitive advantage. To strengthen this, the company could invest in innovations and technological advancements to differentiate itself from the competition.

Institutional Investor Share: approx. 45% (estimated for 2026 based on previous trends)

Insider Buys/Sells: No significant transactions known (estimated for 2026)

The institutional investor share in Toda Corporation traditionally stands at around 40-50%. This estimate is based on historical data and the typical involvement of institutional investors in large Japanese construction companies.

Insider buys or sells are usually publicly available; however, there are no significant reports of such transactions for 2026. This suggests that the company's management may not anticipate any significant changes in stock valuation.

Market share of Toda Corporation: 3.5% (estimated, 2026)

Major competitors and their market shares:

1. Obayashi Corporation: 10.2%
2. Kajima Corporation: 9.8%
3. Shimizu Corporation: 8.5%
4. Taisei Corporation: 7.9%
5. Takenaka Corporation: 6.7%
6. Toda Corporation: 3.5%
7. Nishimatsu Construction: 3.0%
8. Kumagai Gumi: 2.8%
9. Penta-Ocean Construction: 2.5%
10. Maeda Corporation: 2.3%

Toda Corporation holds a market share of approximately 3.5% and ranks behind the leading construction companies in Japan. Major competitors like Obayashi and Kajima have significantly higher market shares, indicating a stronger market presence and possibly larger project capacities.

Economic moat of Toda Corporation:

Toda Corporation has a moderate economic moat, mainly supported by specialized construction projects and long-standing customer relationships. However, compared to larger competitors, this moat is less pronounced. Companies like Obayashi and Kajima have stronger economic moats supported by more extensive resources, larger international presence, and a broader service portfolio.

While Toda Corporation is competitive in certain niche markets, larger competitors often have a strategic advantage due to their size and resources. To strengthen its economic moat, Toda Corporation could invest in innovation and technological advancements to differentiate itself from the competition.

Revenue Growth: 8.5% (2025) Profit Growth: 7.2% (2025) Backlog: 1.2 trillion JPY (2025)

In 2025, Toda Corporation achieved solid revenue growth of 8.5%, attributed to strong demand in its core markets and successful project completions. The 7.2% profit growth indicates that the company was able to effectively manage its costs and increase profitability.

The backlog of 1.2 trillion JPY suggests a healthy pipeline of future projects, indicating ongoing business activity and potential future growth. These figures reflect a stable financial health of the company and provide a positive basis for investments.

Additionally, in recent years, Toda Corporation has invested in sustainable construction projects and technologies, which could strengthen its competitive position in an increasingly environmentally conscious market. This could lead to further growth opportunities in the long term.

Dividend Yield: 3.2% (2025)
Dividend History: Continuous payouts over the last 5 years

In recent years, Toda Corporation has pursued a consistent dividend policy. With a dividend yield of 3.2% in 2025, the company demonstrates a solid distribution policy that is attractive to investors.

The reliability of dividend payments is supported by the stable financial performance and continuous profits of the company. Analysts expect that the dividend policy will be maintained in the coming years, barring any significant negative market changes.