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Toyo Shutter Co., Ltd. (JP:5936)
:5936
Japanese Market
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Toyo Shutter Co., Ltd. (5936) AI Stock Analysis

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JP:5936

Toyo Shutter Co., Ltd.

(5936)

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Neutral 64 (OpenAI - 5.2)
Rating:64Neutral
Price Target:
¥948.00
▲(0.21% Upside)
Action:Reiterated
Date:08/17/26
The score is primarily supported by improving balance-sheet strength and attractive valuation (low P/E and high dividend yield). Offsetting these positives are weak and volatile cash-flow conversion and a currently negative technical setup (price below major moving averages with negative MACD and sub-50 RSI).
Positive Factors
Balance-sheet strengthening
Lower leverage and a growing equity base improve financial flexibility, helping the company absorb construction-cycle volatility and fund operations without relying as heavily on additional borrowing.
Negative Factors
Volatile cash generation
Weak conversion of accounting earnings into operating cash, together with a prior negative year, creates working-capital risk and could constrain reinvestment, dividends, or resilience if demand or costs deteriorate.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet strengthening
Lower leverage and a growing equity base improve financial flexibility, helping the company absorb construction-cycle volatility and fund operations without relying as heavily on additional borrowing.
Read all positive factors

Toyo Shutter Co., Ltd. (5936) vs. iShares MSCI Japan ETF (EWJ)

Toyo Shutter Co., Ltd. Business Overview & Revenue Model

Company Description
Operating within Japan, Toyo Shutter Co., Ltd. specializes in the production, fitting, and distribution of a comprehensive range of construction components. Their product portfolio features an extensive selection of shutters, encompassing robust h...
How the Company Makes Money
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Toyo Shutter Co., Ltd. Financial Statement Overview

Summary
Income statement shows steady demand and generally improved profitability versus earlier years, but margins have eased since the 2024 peak and net margin remains thin (~3.9%). Balance sheet is a positive with moderating leverage (debt/equity improving to ~0.39) and a stronger equity base. The main drag is cash-flow quality: operating/free cash flow has been volatile, including a negative year, and 2026 operating cash flow is low versus net income (195M vs 829M).
Income Statement
74
Positive
Balance Sheet
78
Positive
Cash Flow
48
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue21.15B21.45B20.87B21.49B20.69B19.74B
Gross Profit5.49B5.78B5.70B6.01B4.97B4.58B
EBITDA1.43B1.72B1.75B1.81B1.26B1.12B
Net Income626.00M829.00M792.63M959.63M559.00M412.78M
Balance Sheet
Total Assets17.96B18.09B19.02B20.64B18.88B17.96B
Cash, Cash Equivalents and Short-Term Investments3.88B3.11B3.80B4.70B3.48B2.95B
Total Debt4.14B4.12B4.63B4.52B4.14B4.28B
Total Liabilities7.91B7.64B9.53B11.66B10.95B10.44B
Stockholders Equity10.05B10.45B9.49B8.98B7.93B7.52B
Cash Flow
Free Cash Flow0.0094.00M-282.00M1.40B1.08B1.18B
Operating Cash Flow0.00195.00M-224.24M1.54B1.12B1.22B
Investing Cash Flow0.00-106.00M-66.84M-146.03M-141.11M-42.94M
Financing Cash Flow0.00-780.00M-609.26M-173.50M-445.45M-466.68M

Toyo Shutter Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price946.00
Price Trends
50DMA
906.96
Positive
100DMA
903.54
Positive
200DMA
903.83
Positive
Market Momentum
MACD
5.31
Negative
RSI
53.48
Neutral
STOCH
74.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5936, the sentiment is Positive. The current price of 946 is above the 20-day moving average (MA) of 902.95, above the 50-day MA of 906.96, and above the 200-day MA of 903.83, indicating a bullish trend. The MACD of 5.31 indicates Negative momentum. The RSI at 53.48 is Neutral, neither overbought nor oversold. The STOCH value of 74.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5936.

Toyo Shutter Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
¥49.99B15.764.68%4.55%16.44%
76
Outperform
¥38.14B8.614.88%4.49%35.25%
69
Neutral
¥126.76B10.5610.85%3.96%3.01%2.30%
65
Neutral
¥9.40B4.134.03%-3.55%-4.62%
64
Neutral
¥5.78B9.164.75%0.83%-20.80%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
¥498.44B89.570.85%5.24%1.71%-20.26%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:5936
Toyo Shutter Co., Ltd.
906.00
67.57
8.06%
JP:5938
LIXIL Group
1,727.00
-147.62
-7.87%
JP:5930
Bunka Shutter Co., Ltd.
1,862.00
-489.47
-20.82%
JP:5940
Fujisash Co., Ltd.
742.00
-77.12
-9.42%
JP:7949
Komatsu Wall Industry Co., Ltd.
2,799.00
172.58
6.57%
JP:7971
Toli Corporation
703.00
145.19
26.03%
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: Aug 17, 2026