Toei Animation Co Ltd

Toei Animation maintains a strong liquidity position with JPY 82.47 billion in cash and equivalents, representing 43.2% of total assets, and a current ratio of 3.76, well above the industry median of 1.8. The company's debt-to-equity ratio is 0.0, indicating no long-term debt obligations, and its free cash flow of JPY 16.92 billion supports operational flexibility. Profitability metrics show a return on equity (ROE) of 15.42% and return on assets (ROA) of 12.37%, both exceeding the industry median of 9.5% ROE and 6.8% ROA. Operating income of JPY 32.05 billion and net income of JPY 23.62 billion reflect strong margins, with a gross profit margin of 48.0%. The company's revenue is concentrated in its core animation production and distribution segments, with no disclosed geographic breakdown. However, its primary market is Japan, where it holds a significant share in the domestic anime industry. Outlook data indicates a 5.2% year-over-year revenue growth for the current fiscal year, with a projected 3.8% increase in the following year. This aligns with the industry's average growth rate of 4.5%. Historical revenue growth has averaged 6.1% annually over the past five years. Risk assessment shows low liquidity and dilution risk, with no immediate filing-based flags detected. The company's capital structure is stable, with no long-term debt and a high cash reserve. Dilution potential is low, with basic and diluted shares outstanding remaining equal at 204.31 million. Recent events include the release of several new animated series and films, which have contributed to increased licensing revenue. No material regulatory or geopolitical risks were identified in the latest filings.