Prices as of 2026/10/30 close
Company comparison · Road Paving & Construction


Infroneer is the bigger company, with revenue of ¥1.1T — 9.3x TOA ROAD's ¥121.3B.
Infroneer earns more on each yen of sales, with an operating margin of 6.7% — 2.0 points above TOA ROAD (4.8%).
Revenue growth in the latest results: Infroneer +32.7%, TOA ROAD −4.1%. For next year, TOA ROAD guides for the fastest operating profit growth (+3.7%).
Infroneer pays more on average — ¥11.1M against ¥8.70M at TOA ROAD.
Over the past year the shares moved Infroneer +39.0%, TOA ROAD +0.5%.
Head-to-head wins14 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Infroneer aheadInfroneer 3 : TOA ROAD 0
Revenue: Infroneer ¥1.1T / TOA ROAD ¥121.3B
ProfitabilityInvestors
Infroneer aheadInfroneer 3 : TOA ROAD 0
Operating margin: Infroneer 6.7% / TOA ROAD 4.8%
GrowthInvestors
Infroneer aheadInfroneer 3 : TOA ROAD 1
Revenue growth (YoY): Infroneer +32.7% / TOA ROAD −4.1%
Stock & balance sheetInvestors
EvenInfroneer 1 : TOA ROAD 1
Share price, 1 year: Infroneer +39.0% / TOA ROAD +0.5%
Pay & workforceJob seekers
EvenInfroneer 1 : TOA ROAD 1
Average salary: Infroneer ¥11.1M / TOA ROAD ¥8.70M
| Metric | Infroneer | TOA ROAD | Gap |
|---|---|---|---|
| Revenue | ◎¥1.1T | ¥121.3B | 9.3x |
| Operating profit | ◎¥75.8B | ¥5.8B | 13.1x |
| Net income | ◎¥76.6B | ¥3.4B | 22.4x |
| Metric | Infroneer | TOA ROAD | Gap |
|---|---|---|---|
| Operating margin | ◎6.7% | 4.8% | 2.0pt |
| Net margin | ◎6.8% | 2.8% | 4.0pt |
| ROE | — | 6.3% | |
| Revenue per employee | ◎¥11.0B | ¥114M | 96.4x |
| Metric | Infroneer | TOA ROAD | Gap |
|---|---|---|---|
| Revenue growth (YoY) | ◎+32.7% | −4.1% | 36.8pt |
| Operating profit growth (YoY) | ◎+60.8% | +15.4% | 45.4pt |
| Revenue CAGRlast 3 years | +18.1% | — | |
| Guidance: revenue growthnext FY plan | ◎+21.4% | +7.1% | 14.3pt |
| Guidance: op. profit growthnext FY plan | +2.6% | ◎+3.7% | 1.0pt |
| Metric | Infroneer | TOA ROAD | Gap |
|---|---|---|---|
| Share price, 1 year | ◎+39.0% | +0.5% | 38.5pt |
| Share price, 3 months | −11.0% | ◎−5.9% | 5.1pt |
| P/E (trailing)lower = cheaper | — | 20.8x | |
| Equity ratio | — | 62.2% | |
| Share price (close) | ¥2,299 | ¥1,544 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Infroneer | TOA ROAD | Gap |
|---|---|---|---|
| Average salary | ◎¥11.1M | ¥8.70M | ¥2.36M |
| Starting salary (monthly) | — | ¥287,000 | |
| Average tenure | 14.2 yrs | ◎19.0 yrs | 4.8 |
| Average age | 42.8 | 44.5 | 1.7 |
| Employees | 102 | 1,060 | 10.4x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥2,299+39.0% (1Y)
Infroneer +39.0% over 1Y. Compared: TOA ROAD +0.5%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Infroneer5 segments
TOA ROAD2 segments
AAverage annual salary from the securities filings: Infroneer ¥11.1M, TOA ROAD ¥8.70M. Infroneer pays the most. Averages also depend on staff age and job mix, so check the average age too (Infroneer 42.8, TOA ROAD 44.5).
ARevenue in the latest results: Infroneer ¥1.1T, TOA ROAD ¥121.3B. Infroneer is the bigger company, with revenue of ¥1.1T — 9.3x TOA ROAD's ¥121.3B.
AOperating margins: Infroneer 6.7%, TOA ROAD 4.8%. Infroneer turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Infroneer +39.0%, TOA ROAD +0.5%. Infroneer has risen the most.


Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.