Taiheiyo Cement Corporation

5233

JP3449020001

Construction Materials

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
3,525 ^JPY	+1.35%		+2.26%	+21.30%

2023	Tranche Update on Taiheiyo Cement Corporation's Equity Buyback Plan announced on November 9, 2023.	CI
2023	Taiheiyo Cement Corporation's Equity Buyback announced on November 9, 2023, has closed with 1,812,000 shares, representing 1.54% for ¥4,999.84 million .	CI

Taiheiyo Cement Corporation entered into share exchange agreement to acquire remaining stake in Onoda Chemico Co., Ltd for ¥720 million.

June 28, 2023

Taiheiyo Cement Corporation (TSE:5233) entered into share exchange agreement to acquire remaining stake in Onoda Chemico Co., Ltd for ¥720 million on June 29, 2023. Taiheiyo Cement Corporation will issue 64 shares for every 1 share of Onoda Chemico. For period ended March 31, 2023, Onoda Chemico reported Net assets of ¥13.5 billion, total assets of ¥22.3 billion, net sales of ¥22.8 billion and operating income of ¥1.4 billion.

The transaction is expected to complete on September 20, 2023.

Latest news about Taiheiyo Cement Corporation

Tranche Update on Taiheiyo Cement Corporation's Equity Buyback Plan announced on November 9, 2023.	Dec. 13	CI
Taiheiyo Cement Corporation's Equity Buyback announced on November 9, 2023, has closed with 1,812,000 shares, representing 1.54% for ¥4,999.84 million .	Dec. 10	CI
Taiheiyo Cement Corporation announces an Equity Buyback for 2,500,000 shares, representing 2.12% for ¥5,000 million.	Nov. 09	CI
Taiheiyo Cement Corporation authorizes a Buyback Plan.	Nov. 08	CI
Taiheiyo Cement Corporation entered into share exchange agreement to acquire remaining stake in Onoda Chemico Co., Ltd for ¥720 million.	23-06-28	CI
Central Bank Outlooks Lift Asian Stock Markets	23-06-12	MT
Experts debate how much US Supreme Court ruling chills labor strikes	23-06-05	RE
US Supreme Court hands defeat to organized labor in truckers strike case	23-06-02	RE
Martin Marietta Materials' Planned Southern California Asset Sales to CalPortland Falls Through	23-04-28	MT
Nikkei tracks Wall Street higher, tech shares gain	23-02-27	RE
Firmer Yen, Profit-Taking Undercut Tokyo Shares	23-01-26	MT
U.S. Supreme Court considers narrowing federal protections for unions	23-01-10	RE
Japan's Nikkei hits 7-week high after third consecutive day of gains	22-10-26	RE
Japan's Nikkei rises to seven-week high despite tech slump	22-10-25	RE
Denka Plans to Sell Its Cement Sales Business to Taiheiyo Cement	22-10-25	CI
Taiheiyo Cement Corporation entered into a share purchase agreement to acquire Cement Sales Business of Denka Company Limited.	22-10-24	CI
Taiheiyo Cement Corporation(TSE:5233) dropped from S&P Japan Mid Cap 100	22-09-20	CI
Dolphin Unit Closes $8 Million Purchase of High Reserve F&B in Cash-Stock Deal; Dolphin's Shares Tank 10%	22-07-21	MT
Nikkei 225 Down 1.3% on Central Bank Outlooks, Wall Street Cues	22-06-14	MT
Nikkei 225 Down 1.5% on ECB Rate Hike, US CPI Outlook	22-06-10	MT
Australian Shares Post Small Loss Amid Decline in Business Confidence	22-04-01	MT
Nikkei 225 Declines 1.7% on Mounting Russian Economic Sanctions	22-03-02	MT
Nikkei 225 Up 1.1% in Solid Earnings Season	22-02-09	MT
Japan shares end higher on overnight Wall Street gains, strong earnings	22-02-09	RE
Japanese shares track Wall Street higher on savvy stock-picking	22-02-08	RE

Chart Taiheiyo Cement Corporation

Duration

Period

More charts

Company Profile

Taiheiyo Cement Corporation is one of the Japanese largest cement and building materials producers. The group is also manufacturing electronic and ceramic products and is proposing environmental services. Net sales break down by activity as follows: - sale of cement (70.7%); - sale of construction materials (7.9%): aggregates, ready-for-use concrete, autoclaved concretes, etc.; - waste collection, processing and incineration (7.8%); - mining operating (6.1%); - other (7.5%): real estate assets management, computing, engineering, transportation, warehousing services, etc. Net sales break down geographically as follows: Japan (73%), North America (17.4%) and other (9.6%).

Sector

Construction Materials

Calendar

2024-05-13 - Q4 2023 Earnings Release

Related indices

Nikkei 225

More about the company

Income Statement Evolution

More financial data

Ratings for Taiheiyo Cement Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3,525 JPY

Average target price

3,882 JPY

Spread / Average Target

+10.12%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Construction Materials

	1st Jan change	Capi.
TAIHEIYO CEMENT CORPORATION	+21.30%	2.59B
CRH PLC	+12.25%	53.84B
MARTIN MARIETTA MATERIALS, INC.	+21.26%	37.34B
VULCAN MATERIALS COMPANY	+15.08%	34.54B
ULTRATECH CEMENT LIMITED	-7.64%	33.53B
GRASIM INDUSTRIES LIMITED	+9.73%	19.06B
AMBUJA CEMENTS	+21.33%	18.67B
HEIDELBERG MATERIALS AG	+17.64%	18.51B
CEMEX, S.A.B. DE C.V.	+6.96%	11.93B
SUMMIT MATERIALS, INC.	+4.00%	7.02B

Other Construction Materials