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An update from Toenec Corporation ( (JP:1946) ) is now available.
Toenec Corporation announced a revision to its earnings forecast for the fiscal year ending March 31, 2026, following a discrepancy between its previous forecast and actual results for the second quarter. While net sales fell short due to lower-than-expected project completions, profitability exceeded expectations due to improved indoor wiring work and gains from cross-shareholdings. The company has revised its full-year forecast upwards, anticipating higher profits driven by a recovery in power distribution line work and progress in pending projects.
The most recent analyst rating on (JP:1946) stock is a Buy with a Yen1567.00 price target. To see the full list of analyst forecasts on Toenec Corporation stock, see the JP:1946 Stock Forecast page.
More about Toenec Corporation
Toenec Corporation operates in the construction industry, focusing on power distribution line work and indoor wiring projects. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
Average Trading Volume: 157,103
Technical Sentiment Signal: Buy
Current Market Cap: Yen140.9B
For detailed information about 1946 stock, go to TipRanks’ Stock Analysis page.