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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
Supportive Cash Generation TrendsPositive free cash flow in most years and a material OCF improvement in 2026 indicate growing ability to fund operations, dividends, or debt reduction internally. This enhances medium-term financial resilience even as project timing can create variability.
Improving Leverage And Equity BaseDeclining debt and a notable improvement in debt-to-equity provide more financial flexibility and lower refinancing pressure. A stronger capital base reduces insolvency risk and better positions the company to invest or bid on contracts across typical industry cycles.
Revenue Growth & Profitability ReboundConsistent revenue growth (~11.9%) combined with a recovery after the 2023 loss strengthens the recurring earnings base. Over 2–6 months this supports steadier cash generation, better project win rates, and reduced likelihood of reliance on one‑off gains to restore profitability.
Bears Say
Cyclical Industry Exposure With Remaining LeverageOperating in a cyclical sector while still carrying meaningful debt increases downside risk if demand weakens. Even with improved leverage, persistent industry cyclicality can strain cash flow and amplify refinancing or covenant pressures during downturns.
Cash Flow Volatility From Working CapitalSignificant working-capital swings and project timing have produced volatile free cash flow, complicating forecasting and capital allocation. This heightens short-term liquidity needs and can force external financing or cutbacks during weaker quarters.
Modest, Variable MarginsLow and fluctuating margins leave limited cushion against cost overruns or pricing pressure. Over the medium term this makes earnings more sensitive to project mix and execution quality, increasing volatility in reported profits and cash available for reinvestment.

Toenec Corporation News

1946 FAQ

What was Toenec Corporation’s price range in the past 12 months?
Toenec Corporation lowest stock price was ¥1200.00 and its highest was ¥2514.00 in the past 12 months.
    What is Toenec Corporation’s market cap?
    Toenec Corporation’s market cap is ¥217.65B.
      When is Toenec Corporation’s upcoming earnings report date?
      Toenec Corporation’s upcoming earnings report date is Jul 24, 2026 which is in 26 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 ¥31 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 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 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; fire-control system construction; construction and building works; scaffolding, earthworks, and concrete works; road surfacing; painting; waterproofing work; waterworks; steel-structure construction; machinery and tool installation; interior finishing work; cleaning-facility construction; power generation business; electrical communication construction; 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,it 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 (1946) Earnings & Revenues

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