Toenec Corporation AI Stock Analysis
Want to see JP:1946 full AI Analyst Report?
Toenec Corporation (1946) AI Stock Analysis
Toenec Corporation
(TSE/TYO:1946)
The score is driven primarily by improving financial performance (steady revenue growth and a post-2023 profitability rebound, with leverage trending better) and attractive valuation (low P/E and strong dividend yield). These positives are tempered by weak technicals, with price below all key moving averages and negative MACD indicating a pronounced downtrend.
Toenec Corporation (1946) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 174.31B
- Dividend Yield
- 4.25%
- Average Volume (3M)
- 235.36K
- Price to Earnings (P/E)
- 9.6
- Beta (1Y)
- 1.21
- Revenue Growth
- 1.56%
- EPS Growth
- 19.82%
- Country
- Japan
- Employees
- 6,487
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
Toenec Corporation Business Overview & Revenue Model
Company Description
Toenec Corporation engages in the construction and improvement of social infrastructure in the energy, environment, and information technology fields in Japan. The company constructs electricity distribution routes; underground power distribution lin...
Toenec Corporation Financial Statement Overview
Summary
Financials are improving overall: revenue has grown consistently through 2022–2026 (latest annual growth 11.9%) and profitability rebounded strongly after the 2023 loss year. Balance sheet leverage is trending better with debt declining and debt-to-equity improving, but debt remains meaningful for a cyclical industry. Cash flow is positive on balance but volatile, with inconsistent cash conversion and prior periods of weaker/negative free cash flow.
Income Statement
73PositiveBalance Sheet
70PositiveCash Flow
66Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 272.70B | 272.47B | 270.97B | 252.86B | 232.05B | 219.62B |
| Gross Profit | 50.96B | 48.45B | 40.48B | 37.41B | 32.32B | 34.90B |
| EBITDA | 39.48B | 38.32B | 28.82B | 27.40B | 8.28B | 23.38B |
| Net Income | 20.14B | 17.81B | 10.76B | 9.35B | -5.55B | 8.28B |
Balance Sheet | ||||||
| Total Assets | 296.70B | 312.05B | 315.28B | 310.57B | 305.22B | 306.59B |
| Cash, Cash Equivalents and Short-Term Investments | 44.50B | 47.82B | 43.03B | 39.78B | 31.80B | 30.52B |
| Total Debt | 73.47B | 83.76B | 91.17B | 93.02B | 97.06B | 98.98B |
| Total Liabilities | 140.45B | 158.88B | 178.60B | 179.43B | 188.03B | 179.99B |
| Stockholders Equity | 156.20B | 153.12B | 136.63B | 131.10B | 117.16B | 126.57B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 18.12B | 11.62B | 14.44B | 9.02B | -455.00M |
| Operating Cash Flow | 0 | 25.19B | 17.77B | 17.75B | 11.40B | 4.52B |
| Investing Cash Flow | 0 | -4.57B | -3.72B | -2.64B | -3.01B | 2.29B |
| Financing Cash Flow | 0 | -14.94B | -11.79B | -7.95B | -6.23B | -25.42B |
Toenec Corporation Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1946, the sentiment is Negative. The current price of 1858.00 is below the 20-day moving average (MA) of 1946.35, below the 50-day MA of 2080.39, and below the 200-day MA of 2096.60, indicating a bearish trend. The MACD of -92.50 indicates Positive momentum. The RSI at 43.55 is Neutral, neither overbought nor oversold. The STOCH value of 33.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:1946.
Toenec Corporation Peers Comparison
Overall Rating
JP:193981Outperform
JP:196580.5Outperform
JP:192678Outperform
JP:194174Outperform
JP:193472Outperform- JP:194664Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:1939 | 81Outperform | JPY 116.28B | 12.32 | ― | 3.88% | 6.91% | 84.84% |
| JP:1965 | 81Outperform | JPY 109.93B | 10.42 | ― | 7.02% | 6.67% | 9.44% |
| JP:1926 | 78Outperform | JPY 152.57B | 13.27 | ― | 7.19% | 7.32% | 33.12% |
| JP:1941 | 74Outperform | JPY 279.39B | 13.73 | 8.01% | 2.76% | 8.69% | -4.66% |
| JP:1934 | 72Outperform | JPY 169.90B | 13.51 | ― | 3.10% | -2.22% | 5.62% |
| JP:1946 | 64Neutral | JPY 174.83B | 9.63 | ― | 4.25% | 1.56% | 19.82% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:1946 | Toenec Corporation | 1858.00 | 105.10 | 6.00% | |
| JP:1941 | CHUDENKO CORPORATION | 5080.00 | 954.96 | 23.15% | |
| JP:1926 | Raito Kogyo Co., Ltd. | 921.00 | 143.07 | 18.39% | |
| JP:1934 | Yurtec Corporation | 2519.00 | 143.87 | 6.06% | |
| JP:1939 | Yondenko Corporation | 2447.00 | 1064.26 | 76.97% | |
| JP:1965 | Techno Ryowa Ltd. | 1824.00 | 19.49 | 1.08% |
Toenec Corporation Corporate Events
Toenec boosts profitability and dividend as balance sheet strengthens
Toenec Corporation reported consolidated net sales of ¥125.3 billion for the six months ended September 30, 2026, a modest 0.5% year-on-year increase, while operating profit jumped 18.8% to ¥10.2 billion and profit attributable to owners of parent ro...
Toenec Completes Treasury Share Disposal for Restricted Stock Compensation
Toenec Corporation has completed the payment procedures for the disposal of its treasury shares used as restricted stock compensation, following a resolution approved by its board of directors on July 22, 2026. The transaction involved issuing 11,280...
Toenec Confirms Reviewed Quarterly Results as Profits Surge in First Quarter
Toenec Corporation reported consolidated financial results for the three months ended June 30, 2026, confirming that its quarterly financial statements have completed an interim review by independent certified public accountants. The company noted th...
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: Oct 31, 2026