Want to see JP:1904 full AI Analyst Report?
Top Page
Taisei Oncho
(1904)
Select Model
Select Model
Rating:77Outperform
Price Target:
¥5,823.00
▲(13.73% Upside)
Action:Reiterated
Date:08/18/26
The score is driven primarily by strong financial fundamentals—especially a conservatively positioned, near debt-free balance sheet and improved profitability—tempered by uneven revenue growth and volatile cash flow conversion. Valuation is supportive with a low P/E and solid dividend yield, while technicals indicate only mild positive momentum rather than a strong uptrend.
Positive Factors
Near-debt-free balance sheet
Minimal leverage gives Taisei Oncho financial flexibility to absorb construction-cycle volatility, fund operations, and pursue opportunities without substantial interest or refinancing pressure.
Negative Factors
Uneven and declining revenue trend
Inconsistent top-line performance limits visibility into future workload and can reduce operating leverage. Continued revenue softness would make it harder to sustain recent margin gains and earnings growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Near-debt-free balance sheet
Minimal leverage gives Taisei Oncho financial flexibility to absorb construction-cycle volatility, fund operations, and pursue opportunities without substantial interest or refinancing pressure.
Read all positive factors
Taisei Oncho (1904) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥32.36B
Dividend Yield3.5%
Average Volume (3M)9.06K
Price to Earnings (P/E)9.2
Beta (1Y)0.50
Revenue Growth-3.42%
EPS Growth50.13%
CountryJP
Employees783
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)572.79
Shares Outstanding6,882,487
10 Day Avg. Volume9,690
30 Day Avg. Volume9,063
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)1.02
Price to Sales (P/S)0.51
P/FCF Ratio3.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Taisei Oncho Business Overview & Revenue Model
Company Description
Taisei Oncho Co., Ltd. is engaged in the engineering and installation of essential building systems across Japan, encompassing climate control (air conditioning), plumbing (water supply/drainage and sanitary facilities), and electrical infrastruct...
How the Company Makes Money
null...
Taisei Oncho Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
92
Very Positive
Cash Flow
66
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 61.72B | 62.50B | 61.06B | 46.46B | 49.15B |
| Gross Profit | 10.80B | 8.99B | 8.22B | 6.53B | 5.69B |
| EBITDA | 4.67B | 3.64B | 3.50B | 2.10B | 1.62B |
| Net Income | 3.55B | 2.49B | 1.96B | 1.47B | 974.26M |
Balance Sheet | |||||
| Total Assets | 51.89B | 46.41B | 45.77B | 41.18B | 40.23B |
| Cash, Cash Equivalents and Short-Term Investments | 18.98B | 12.84B | 11.18B | 11.84B | 12.37B |
| Total Debt | 0.00 | 2.74B | 14.01M | 31.30M | 53.07M |
| Total Liabilities | 21.16B | 18.78B | 20.06B | 15.92B | 15.53B |
| Stockholders Equity | 30.73B | 27.63B | 25.71B | 25.26B | 24.70B |
Cash Flow | |||||
| Free Cash Flow | 9.53B | 87.92M | 2.85B | 488.34M | -606.59M |
| Operating Cash Flow | 9.72B | 560.79M | 3.01B | 719.55M | -533.45M |
| Investing Cash Flow | -548.34M | -113.91M | -767.73M | -241.43M | 42.69M |
| Financing Cash Flow | -3.41B | 1.14B | -3.22B | -1.38B | -878.34M |
Taisei Oncho Technical Analysis
Positive
5120.00
Price Trends
5106.20
Positive
5086.20
Positive
4929.28
Positive
Market Momentum
-7.22
Positive
51.91
Neutral
30.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1904, the sentiment is Positive. The current price of 5120 is above the 20-day moving average (MA) of 5102.50, above the 50-day MA of 5106.20, and above the 200-day MA of 4929.28, indicating a bullish trend. The MACD of -7.22 indicates Positive momentum. The RSI at 51.91 is Neutral, neither overbought nor oversold. The STOCH value of 30.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1904.
Taisei Oncho Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥32.36B | 9.17 | 11.65% | 3.50% | -3.42% | 50.13% | |
75 Outperform | ¥54.70B | 6.71 | ― | 4.57% | 11.13% | 105.93% | |
70 Outperform | ¥11.27B | 17.98 | ― | 1.96% | 7.46% | 72.19% | |
63 Neutral | ¥458.21B | 16.76 | 4.09% | 2.69% | 1.17% | -45.49% | |
63 Neutral | ¥20.14B | 22.11 | ― | 2.49% | 0.13% | ― | |
60 Neutral | ¥178.87B | 14.99 | 6.18% | 2.15% | 4.79% | 25.74% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
JP:1904
Taisei Oncho
5,110.00
899.69
21.37%
JP:5232
Sumitomo Osaka Cement Co
5,590.00
1,696.91
43.59%
JP:5233
Taiheiyo Cement
4,061.00
52.11
1.30%
JP:5268
Asahi Concrete Works Co., Ltd.
857.00
-99.98
-10.45%
JP:5269
Nippon Concrete Industries Co., Ltd.
359.00
24.00
7.16%
JP:5288
ASIA PILE HOLDINGS Corporation
1,436.00
195.49
15.76%
Taisei Oncho Corporate Events
Taisei Oncho Maintains Outlook as Quarterly Profit Declines but Equity Base Strengthens
Aug 6, 2026
Taisei Oncho reported consolidated net sales of ¥14.28 billion for the quarter ended June 30, 2026, down 1.9% year on year, with operating profit falling 10.9% to ¥553 million and profit attributable to owners declining 19.4% to ¥36...
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.