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Tomoku Co., Ltd. (3946) AI Stock Analysis
Tomoku Co., Ltd.
(TSE/TYO:3946)
The score is driven primarily by improving financial performance (better margins and declining leverage), tempered by weak/volatile cash conversion. Technicals add support due to a strong uptrend and positive momentum indicators, and valuation is attractive with a low P/E and a ~2.9% dividend yield.
Tomoku Co., Ltd. (3946) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 71.02B
- Dividend Yield
- 3.48%
- Average Volume (3M)
- 81.22K
- Price to Earnings (P/E)
- 9.3
- Beta (1Y)
- 0.70
- Revenue Growth
- -2.52%
- EPS Growth
- 4.23%
- Country
- Japan
- Employees
- 3,965
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Packaging & Containers
Tomoku Co., Ltd. Business Overview & Revenue Model
Company Description
Tomoku Co., Ltd., established in 1940 and based in Tokyo, Japan, is a diversified corporation with a core business in manufacturing and supplying essential packaging products, such as corrugated materials and paper containers. These solutions are cri...
How the Company Makes Money
Tomoku primarily makes money by selling corrugated cardboard materials and finished corrugated packaging (e.g., corrugated sheets and converted products such as boxes) to corporate customers that need shipping and logistics packaging. Revenue is gene...
Tomoku Co., Ltd. Financial Statement Overview
Summary
Overall fundamentals are improving, led by steady revenue growth and better profitability (gross margin up to ~18.1% and EBIT margin ~5.1% in 2026). Balance sheet leverage is moderating (debt-to-equity down to ~0.69), but returns remain only fair (~7.2% ROE). The main weakness is cash flow quality: free cash flow has been volatile and in 2026 covered only ~35% of net income, limiting financial flexibility.
Income Statement
72PositiveBalance Sheet
64PositiveCash Flow
48Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 221.87B | 224.09B | 219.61B | 211.53B | 212.82B | 206.01B |
| Gross Profit | 40.86B | 40.60B | 36.94B | 34.80B | 33.58B | 33.89B |
| EBITDA | 20.09B | 19.84B | 17.33B | 15.81B | 14.82B | 15.50B |
| Net Income | 7.60B | 7.36B | 6.51B | 5.31B | 5.25B | 5.98B |
Balance Sheet | ||||||
| Total Assets | 219.80B | 223.84B | 206.82B | 213.37B | 195.38B | 190.02B |
| Cash, Cash Equivalents and Short-Term Investments | 14.56B | 23.96B | 21.00B | 18.13B | 15.02B | 16.70B |
| Total Debt | 68.56B | 70.21B | 68.51B | 74.23B | 71.16B | 68.93B |
| Total Liabilities | 117.34B | 120.87B | 113.45B | 124.16B | 114.67B | 113.89B |
| Stockholders Equity | 102.24B | 102.15B | 92.73B | 88.62B | 80.20B | 75.66B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 5.37B | 7.80B | 4.05B | -2.42B | -994.00M |
| Operating Cash Flow | 0 | 15.17B | 18.14B | 11.12B | 7.01B | 16.70B |
| Investing Cash Flow | 0 | -10.65B | -8.26B | -9.29B | -9.39B | -18.22B |
| Financing Cash Flow | 0 | -2.18B | -7.05B | 1.05B | 535.00M | 4.12B |
Tomoku Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3946, the sentiment is Neutral. The current price of 4305.00 is below the 20-day moving average (MA) of 4420.75, below the 50-day MA of 4411.24, and above the 200-day MA of 3861.99, indicating a neutral trend. The MACD of -8.09 indicates Positive momentum. The RSI at 40.38 is Neutral, neither overbought nor oversold. The STOCH value of 10.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3946.
Tomoku Co., Ltd. Peers Comparison
Overall Rating
JP:395085Outperform
JP:794278Outperform
JP:395476Outperform- JP:394670Outperform
JP:395169Neutral
JP:791758Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:3950 | 85Outperform | JPY 88.60B | 14.96 | ― | 2.59% | 3.57% | -1.12% |
| JP:7942 | 78Outperform | JPY 75.53B | 9.93 | ― | 3.49% | 14.19% | 90.30% |
| JP:3954 | 76Outperform | JPY 13.36B | 8.94 | ― | 1.83% | 2.39% | 21.14% |
| JP:3946 | 70Outperform | JPY 70.65B | 9.34 | ― | 3.48% | -2.52% | 4.23% |
| JP:3951 | 69Neutral | JPY 18.96B | 10.50 | ― | 4.32% | 2.69% | 15.76% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| JP:7917 | 58Neutral | JPY 94.95B | 11.40 | 8.26% | 2.91% | 5.99% | 22.32% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3946 | Tomoku Co., Ltd. | 4305.00 | 1132.70 | 35.71% | |
| JP:7917 | Fujimori Kogyo Co | 1235.00 | 209.24 | 20.40% | |
| JP:3950 | Pack Corporation | 1507.00 | 340.60 | 29.20% | |
| JP:3951 | Asahi Printing Co., Ltd. | 880.00 | 43.61 | 5.21% | |
| JP:3954 | SHOWA PAXXS CORP. | 3010.00 | 200.80 | 7.15% | |
| JP:7942 | JSP Corporation | 3070.00 | 1251.81 | 68.85% |
Tomoku Co., Ltd. Corporate Events
Tomoku lifts profit and dividend outlook despite weaker sales
Tomoku reported consolidated net sales of ¥48.7 billion for the three months to June 30, 2026, down 4.4% year on year, but improved profitability lifted operating profit 8.0% to ¥1.53 billion and ordinary profit 21.5% to ¥1.63 billion....
Tomoku boosts profits, raises dividend and reshapes group portfolio
Tomoku Co., Ltd. reported consolidated net sales of ¥48.7 billion for the three months ended June 30, 2026, down 4.4% year on year, but operating profit rose 8.0% to ¥1.53 billion and profit attributable to owners of parent jumped 31.5% to...
Tomoku Launches ¥1.5 Billion Share Buyback to Boost Capital Efficiency
Tomoku Co., Ltd. has authorized a share buyback to enhance shareholder returns and improve capital efficiency, while preserving flexibility in its capital policies amid a changing business environment. The board approved the repurchase of up to 500,0...
Tomoku Launches New Shareholder Benefits and Commemorative Perks
Tomoku Co., Ltd. has approved the launch of a new shareholder benefits program and a special commemorative benefit, aligning these measures with its progressive dividend policy and a recently introduced management structure. The initiative is intende...
Tomoku Completes Treasury Share Disposal for Restricted Stock Compensation
Tomoku Co., Ltd. has completed payment procedures for the disposal of treasury shares used as transfer-restricted stock-based remuneration, following a board resolution passed on June 24, 2026. The program allocates equity to key management personnel...
Tomoku to Grant ¥111 Million in Restricted Stock to Directors and Executives
Tomoku Co., Ltd. has approved the disposal of 29,400 treasury shares to be used as transfer-restricted stock-based remuneration for six directors, fifteen executive officers, and two representative directors of a main subsidiary. The shares, priced a...
Tomoku Unveils Third Medium-Term Plan With Ambitious Growth and Profit Targets
Tomoku Co., Ltd. has formulated its Third Medium-Term Management Plan, a three-year program covering the fiscal years ending March 31, 2027 to March 31, 2029, to drive group-wide growth. The plan clarifies business goals, emphasizes capital investmen...
Tomoku Lifts Earnings, Strengthens Balance Sheet and Hikes Dividends for FY2026
Tomoku Co., Ltd. reported a solid performance for the fiscal year ended March 31, 2026, with net sales rising 2.0% to ¥224.1 billion and operating profit climbing 21.6% to ¥11.4 billion, lifting profit attributable to owners of parent by 13...
Tomoku Raises Annual Dividend as Part of Progressive Shareholder Return Policy
Tomoku Co., Ltd. has approved a year-end dividend of ¥65 per share for the fiscal year ended March 31, 2026, matching its latest forecast and up from ¥55 a year earlier. The total payout for this dividend will be ¥1,072 million, with a...
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: Aug 09, 2026