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Toenec Corporation (JP:1946)
:1946
Japanese Market
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Toenec Corporation (1946) Price & Analysis

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1946 Stock Chart & Stats

¥1939.00
-¥7.00(-0.72%)
At close: 4:00 PM EST
¥1939.00
-¥7.00(-0.72%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthConsistent top-line growth (~11.9% latest) indicates durable demand and expanding project wins. Sustained revenue acceleration supports better capacity utilization, improves operating leverage over time, and provides a platform to invest in backlog, resources, and margin improvement across subsequent quarters.
Leverage ImprovementFalling debt and rising equity materially strengthen the balance sheet and financial flexibility. Improved leverage reduces refinancing and interest-rate vulnerability, enabling the company to bid larger projects, sustain dividends, or weather cyclical troughs without immediate capital raises over the medium term.
Cash Generation RecoveryReturn to positive and strengthening free cash flow in recent years shows improved cash conversion and operational control. Reliable FCF supports reinvestment, capex, and shareholder returns, and reduces reliance on external financing, enhancing resilience across project cycles over the coming months.
Bears Say
Modest, Variable MarginsNarrow and inconsistent margins limit the company’s ability to self-fund growth and absorb cost shocks. In engineering and construction, small margin swings can materially affect net income; persistent modest margins constrain retained earnings and make performance sensitive to project mix and execution over time.
Cash Flow VolatilitySignificant year-to-year swings in operating and free cash flow reflect working-capital and project timing risks. Volatility can force short-term borrowing or delay investments during weaker quarters, increasing financing costs and reducing predictability of capital allocation over multiple reporting periods.
Cyclical Industry ExposureAs a cyclical construction/engineering player, revenue, margins, and backlog are sensitive to macro and infrastructure cycles. That exposure, combined with a still-meaningful debt load, raises downside risk in slower markets and can magnify cash-flow and profitability pressure across the next several quarters.

Toenec Corporation News

1946 FAQ

What was Toenec Corporation’s price range in the past 12 months?
Toenec Corporation lowest stock price was ¥1091.00 and its highest was ¥2459.00 in the past 12 months.
    What is Toenec Corporation’s market cap?
    Toenec Corporation’s market cap is ¥234.65B.
      When is Toenec Corporation’s upcoming earnings report date?
      Toenec Corporation’s upcoming earnings report date is Jul 30, 2026 which is in 89 days.
        How were Toenec Corporation’s earnings last quarter?
        Toenec Corporation released its earnings results on Apr 28, 2026. The company reported ¥74.19 earnings per share for the quarter, beating the consensus estimate of N/A by ¥74.19.
          Is Toenec Corporation overvalued?
          According to Wall Street analysts Toenec Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Toenec Corporation pay dividends?
            Toenec Corporation pays a Semiannually dividend of ¥37 which represents an annual dividend yield of 3.09%. See more information on Toenec Corporation dividends here
              What is Toenec Corporation’s EPS estimate?
              Toenec Corporation’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Toenec Corporation have?
              Toenec Corporation has 96,649,950 shares outstanding.
                What happened to Toenec Corporation’s price movement after its last earnings report?
                Toenec Corporation reported an EPS of ¥74.19 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 6.988%.
                  Which hedge fund is a major shareholder of Toenec Corporation?
                  Currently, no hedge funds are holding shares in JP:1946
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Toenec Corporation

                    Toenec Corporation, an integrated facility company, 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 lines; solar power and distribution routes; indoor electrical equipment that supports public and commercial facilities; and telecommunications networks, such as installation of base stations for mobile communications, laying optical cables and constructing network systems, and information and communication technology solutions. It also involved in air conditioning, ventilation, sanitation and water supply, and drainage equipment to public facilities and commercial facilities, including hospitals, schools, factories, and buildings etc.; installs air conditioning and ground water utilization services; pipe laying; road surfacing; waterworks; electrical and communication, steel-structure, electrical communication construction; and machinery and tool installation. In addition, the company engages in the fire-control system construction; scaffolding, earthworks, concrete, painting, waterproofing, and interior finishing works; and procurement, manufacture, sale, and leasing of control equipment, lighting equipment, wiring materials, electrical appliances, furniture, kitchen equipment, medical equipment, health and hygiene equipment, home-care devices and goods, fitness equipment, sporting goods, apparel, sundry items, building plant and equipment, air-conditioning equipment, compressors, electrical communication equipment, computer systems, data terminals, and related parts. Further, the company provides freight vehicles; sells, leases, and manages real estate; invests and finances in other companies; and dispatches manpower. The company was incorporated in 1944 and is headquartered in Nagoya, Japan. Toenec Corporation is a subsidiary of Chubu Electric Power Company, Incorporated.

                    Toenec Corporation (1946) Earnings & Revenues

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