Added to YB: 2025-07-18
Pitch date: 2025-07-16
6330.T [bullish]
Toyo Engineering Corporation
Author Info
Japan Guru is a solo analyst/activist in Japanese small & mid caps. Ex-GS, ex-public co CEO. Sharing my obsession with trading Japanese public equities with the world —bold, clear, and unapologetic. Sign up for the newsletter.
Company Info
Toyo Engineering Corporation engages in the engineering and construction of industrial facilities in Japan, India, China, and internationally.
Market Cap
JPY 60.6B
Pitch Price
N/A
Price Target
2.0K
Dividend
N/A
Sector
Construction and Engineering
Category
value
Bought some 6330 Toyo Engineering
6330.T: Small-cap plant engineering firm w/5 drivers: 1) Net-cash (25B yen) on 40B cap, 7.5x LTM/3x NTM PER; 2) No tariff war exposure; 3) Shifting to recurring revenue; 4) Rare earth play (Minamitori Island project); 5) Dual-listing (23% owned by Mitsui) - likely takeover target. PT: 2,000 yen (92% upside).
Read full article (4 min)