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Token Corporation (1766) AI Stock Analysis

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JP:1766

Token Corporation

(TSE/TYO:1766)

Select Model
Rating:75Outperform
Price Target:JPY 15,221.00â–²(20.71% Upside)
Action:reiterated
Date:06/13/26

The score is driven primarily by strong financial performance (notably an almost debt-free balance sheet and improved profitability) and favorable valuation (low P/E and solid dividend yield). These positives are partially offset by weak technical signals, with the stock trading below key moving averages alongside negative MACD and a low RSI.

Positive Factors
Near debt-free balance sheetAn effectively debt-free balance sheet materially reduces financial risk and interest burden, preserving flexibility for operations, investment, and shareholder returns. This conservative capital structure should remain a durable strength if property or construction conditions weaken.
Negative Factors
Modest profitability marginsAlthough margins recovered, their current levels remain modest, leaving less earnings cushion against cost pressure, weaker demand, or project execution changes. Lower profitability also limits how much revenue growth can translate into durable net-income and cash-flow expansion.

Token Corporation (1766) vs. iShares MSCI Japan ETF (EWJ)

-20%-10%0%10%20%30%JP:1766-8.18%EWJ+15.87%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
JPY 139.98B
Dividend Yield
2.85%
Average Volume (3M)
21.19K
Price to Earnings (P/E)
10.4
Beta (1Y)
0.40
Revenue Growth
4.52%
EPS Growth
-1.17%
Country
Japan
Employees
6,231
Sector
Real Estate
Sector Strength
65
Industry
Real Estate - Development

Token Corporation Business Overview & Revenue Model

Company Description

Token Corporation operates as a construction company in Japan. It is involved in the general lease construction business for landowners; corporate leasing business; intermediation business for rental condominiums, rental apartments, and rental stores...

How the Company Makes Money

Publicly available, verifiable details on Token Corporation’s specific revenue model (e.g., segment-level revenue breakdown, fee structures, named major partnerships, or material contractual arrangements) are not available from the information provid...

Token Corporation Financial Statement Overview

Summary

Strong overall fundamentals supported by an exceptionally conservative, near debt-free balance sheet (total debt at 0 in the latest year) and improved profitability. Revenue has grown steadily with a meaningful rebound in gross and net margins versus the 2023 trough. Constraints are still-modest margin levels and some variability in cash conversion/operating cash flow over time.

Income Statement

72Positive

Balance Sheet

92Very Positive

Cash Flow

74Positive
Financial statement breakdown
BreakdownTTMApr 2026Apr 2025Apr 2024Apr 2023Apr 2022
Income Statement
Total Revenue386.54B386.54B366.64B340.83B316.85B311.59B
Gross Profit66.70B66.70B63.52B50.00B44.67B49.91B
EBITDA25.37B24.31B24.41B15.05B11.96B17.27B
Net Income16.16B16.16B15.78B8.94B5.24B10.28B
Balance Sheet
Total Assets215.66B215.66B228.66B210.00B198.45B194.15B
Cash, Cash Equivalents and Short-Term Investments118.47B118.47B136.58B120.95B118.16B123.53B
Total Debt0010.00M4.00M4.00M19.00M
Total Liabilities99.30B99.30B94.91B88.39B83.16B80.73B
Stockholders Equity116.35B116.35B133.75B121.61B115.29B113.42B
Cash Flow
Free Cash Flow016.41B21.11B17.31B8.13B2.15B
Operating Cash Flow019.57B22.71B18.18B8.95B2.94B
Investing Cash Flow0-3.92B-3.73B-3.98B-241.00M-1.29B
Financing Cash Flow0-33.75B-3.37B-3.37B-3.40B-2.97B

Token Corporation Technical Analysis

Technical Analysis SentimentNegative
Last Price12610.00

Price Trends

50DMA13232.00Negative
100DMA13030.00Negative
200DMA13373.17Negative

Market Momentum

MACD-113.55Positive
RSI40.04Neutral
STOCH14.58Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1766, the sentiment is Negative. The current price of 12610.00 is below the 20-day moving average (MA) of 12878.00, below the 50-day MA of 13232.00, and below the 200-day MA of 13373.17, indicating a bearish trend. The MACD of -113.55 indicates Positive momentum. The RSI at 40.04 is Neutral, neither overbought nor oversold. The STOCH value of 14.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:1766.

Token Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

JP:1766 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
JP:1766JP:176675OutperformJPY 169.54B10.41―2.85%4.52%-1.17%
JP:8934JP:893472OutperformJPY 125.88B6.9913.50%3.55%3.39%-6.00%
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
JP:8848JP:884861NeutralJPY 314.20B14.9256.22%1.01%3.31%72.40%
JP:3252JP:325260NeutralJPY 57.05B8.18―4.73%36.85%83.36%
JP:2337JP:233755NeutralJPY 167.70B10.3714.46%2.71%-17.00%-4.99%
JP:2980JP:298049NeutralJPY 35.69B11.89―0.82%43.47%151.64%

* Real Estate Sector Average

Performance Comparison

-20%0%20%40%60%JP:1766JP:2337JP:8848JP:8934JP:2980JP:3252Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
JP:1766 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
JP:1766Token Corporation12610.00-1162.67-8.44%
JP:2337Ichigo 425.0060.0316.45%
JP:8848Leopalace21 Corporation989.00363.7358.17%
JP:8934Sun Frontier Fudousan Co 2200.00-13.30-0.60%
JP:2980SRE Holdings Corp.2193.00-610.38-21.77%
JP:3252JINUSHI Co.,Ltd.2645.00-134.86-4.85%

Token Corporation Corporate Events

Token Corporation Posts Higher Sales but Profit Decline, Plans Dividend Increase

Sep 11, 2026

Token Corporation reported consolidated net sales of ¥94.8 billion for the three months ended July 31, 2026, a modest 1.4% increase year on year. However, operating profit fell 18.5% to ¥4.57 billion and profit attributable to owners of the...

Token Corporation Affirms Independence Despite Major Affiliated Shareholder

Jul 29, 2026

Token Corporation, a Japanese construction and real estate-related company listed on the TSE Prime Market and NSE Premier Market, maintains a broad shareholder base that includes Hikari Tsushin, Inc. as an other affiliated company. Hikari Tsushin&#82...

Token Corporation Weighs Stock Split to Lower Investment Unit and Boost Liquidity

Jul 29, 2026

Token Corporation has outlined its stance on reducing the investment unit for its shares as part of a broader effort to improve stock liquidity. The company views a lower investment threshold as a way to attract a wider range of investors to its stoc...

Token Corporation to Book ¥15.5 Billion in Dividends from Subsidiaries

Jul 28, 2026

Token Corporation has announced it will receive dividends totaling 15.5 billion yen from its consolidated subsidiaries, Token Building Property Management, Inc. and Nasluck Co., Ltd., following a board resolution on July 28, 2026. The dividends, sche...

Token Corporation Delivers Higher Sales, Boosts Dividend Despite Profit Margin Pressure

Jun 12, 2026

Token Corporation reported consolidated net sales of ¥386.5 billion for the fiscal year ended April 30, 2026, up 5.4% year on year, with operating profit inching up 0.5% to ¥22.4 billion and profit attributable to owners rising 2.4% to &#16...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Jun 13, 2026