TOA CORPORATION (6809) Stock Price

Market cap
¥61.7B
P/E ratio
20.6x
TOA designs and manufactures professional audio and video equipment, serving customers worldwide through 30 companies across Japan, Asia-Pacific, Europe, Americas and China.

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Business Overview

TOA is a company operating primarily in the audio and video sectors. The TOA Group comprises 30 companies, including TOA headquarters, engaged in product manufacturing, sales, and related business operations. Business segments are organized by geography: Japan, Asia-Pacific, Europe/Middle East/Africa, Americas, and China/East Asia.

In the Japan segment, products designed and developed by TOA are manufactured by Akoustik, PT. TOA GALVA INDUSTRIES., and De Yang Electronics Co., Ltd. for audio products, and by Takex for video products. Sales are handled by TOA and TOA Engineering, with TOA Engineering and G-Vex providing specialized functions. TOA Engineering and TOA Communication Systems, Inc. also manufacture and sell railway vehicle-related products.

In the Asia-Pacific segment, six companies including TOA ELECTRONICS PTE LTD handle product sales. In the Europe/Middle East/Africa segment, three companies including TOA Electronics Europe G.m.b.H. sell products, while four companies including PA-Vox Holding B.V. develop and sell broadcast system solutions for airport facilities and the aviation industry.

In the Americas segment, two companies including TOA ELECTRONICS, INC. handle product sales. In the China/East Asia segment, three companies including TOA (CHINA) LIMITED manage product sales. The TOA Group divides development, manufacturing, and sales functions while maintaining business integration. Products are sold through distributors in domestic markets and through local sales subsidiaries in overseas markets.

Management Policy

TOA is an international company that aims to contribute to society through sound-based communication. The company has adopted "Three Pillars of Reassurance" as its core management principle, prioritizing the delivery of security and confidence to customers, business partners, and employees. This approach is designed to meet the trust and expectations of all stakeholders.

TOA has established a medium-term management plan with the fiscal year ending March 2026 as its final target period, setting goals of 54,500 million yen in sales revenue and 4,500 million yen in operating profit. The plan emphasizes improving profitability and competitiveness, as well as exploring and developing new growth areas. The company is particularly focused on digital transformation and human capital development to accelerate growth.

The company has adopted "Dr. Sound," a management vision extending to 2030, positioning itself as a professional sound solutions organization dedicated to improving society's acoustic environment. This vision aims to address social challenges and create smiling faces among people. The company is concentrating efforts on leveraging the communicative power of sound to enhance audio experiences in public spaces.

TOA is advancing the automation of solutions that provide optimal sound environments by combining engineering expertise with AI technology. The company is also building a platform that delivers enhanced experiences by demonstrating the effects of sound in public spaces and accumulating specialized knowledge. Through these efforts, TOA is evolving its connected business model.

The company is expanding supply chain management through digital tools and developing new communication systems utilizing network technology. These initiatives aim to generate demand through digital marketing and deploy effective measures rapidly. Through these efforts, TOA is pursuing sustainable growth.

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