Taisei Oncho (JP:1904)
:1904
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Taisei Oncho
(1904)
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Rating:82Outperform
Price Target:
¥6,345.00
▲(35.29% Upside)
Action:ReiteratedDate:03/20/26
The score is driven primarily by strong financial performance (improving profitability and a sturdy, low-leverage balance sheet), supported by an attractive valuation (low P/E with a ~2.8% dividend). Technicals are also favorable with a strong uptrend, though momentum is nearing overbought levels, and cash-flow volatility remains the key fundamental watch item.
Positive Factors
Balance Sheet Strength
A high equity ratio (59.53%), low reliance on debt and sizable cash reserves provide lasting financial resilience. This structural strength reduces refinancing risk, supports discretionary capital allocation (capex/dividends), and cushions cyclical downturns over the next several months.
Negative Factors
Operating Cash Flow Volatility
Volatile operating cash flows and weaker conversion versus net income undermine predictability of internal funding. Over a multi-month horizon this increases risk to consistent capex funding, dividend coverage and reduces visibility into sustainable free cash flow generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
A high equity ratio (59.53%), low reliance on debt and sizable cash reserves provide lasting financial resilience. This structural strength reduces refinancing risk, supports discretionary capital allocation (capex/dividends), and cushions cyclical downturns over the next several months.
Read all positive factors
Taisei Oncho (1904) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥34.83B
Dividend Yield3.4%
Average Volume (3M)10.07K
Price to Earnings (P/E)9.1
Beta (1Y)0.59
Revenue Growth0.81%
EPS Growth-26.70%
CountryJP
Employees792
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)124.58
Shares Outstanding6,882,487
10 Day Avg. Volume14,800
30 Day Avg. Volume10,073
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)0.82
Price to Sales (P/S)0.36
P/FCF Ratio256.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Taisei Oncho Business Overview & Revenue Model
Company Description
Taisei Oncho Co., Ltd. engages in the design and construction of air conditioning, water supply/drainage sanitary, and electrical equipment systems in Japan. It also offers maintenance and renovation services. The company operates 8 branches, 24 s...
How the Company Makes Money
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Taisei Oncho Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 63.62B | 62.50B | 61.06B | 46.46B | 49.15B | 48.63B |
| Gross Profit | 9.50B | 8.99B | 8.22B | 6.53B | 5.69B | 5.70B |
| EBITDA | 3.99B | 3.64B | 3.50B | 2.10B | 1.62B | 1.58B |
| Net Income | 2.27B | 2.49B | 1.96B | 1.47B | 974.26M | 1.14B |
Balance Sheet | ||||||
| Total Assets | 43.56B | 46.41B | 45.77B | 41.18B | 40.23B | 39.99B |
| Cash, Cash Equivalents and Short-Term Investments | 13.37B | 12.84B | 11.18B | 11.84B | 12.37B | 13.24B |
| Total Debt | 2.00B | 2.74B | 14.01M | 31.30M | 53.07M | 56.56M |
| Total Liabilities | 15.92B | 18.78B | 20.06B | 15.92B | 15.53B | 16.01B |
| Stockholders Equity | 27.63B | 27.63B | 25.71B | 25.26B | 24.70B | 23.98B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 87.92M | 2.85B | 488.34M | -606.59M | 5.15B |
| Operating Cash Flow | 0.00 | 560.79M | 3.01B | 719.55M | -533.45M | 7.50B |
| Investing Cash Flow | 0.00 | -113.91M | -767.73M | -241.43M | 42.69M | -2.21B |
| Financing Cash Flow | 0.00 | 1.14B | -3.22B | -1.38B | -878.34M | -495.72M |
Taisei Oncho Technical Analysis
Positive
4690.00
Price Trends
4990.97
Positive
4677.58
Positive
4336.28
Positive
Market Momentum
93.78
Negative
63.47
Neutral
86.90
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1904, the sentiment is Positive. The current price of 4690 is below the 20-day moving average (MA) of 5186.96, below the 50-day MA of 4990.97, and above the 200-day MA of 4336.28, indicating a bullish trend. The MACD of 93.78 indicates Negative momentum. The RSI at 63.47 is Neutral, neither overbought nor oversold. The STOCH value of 86.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1904.
Taisei Oncho Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | ¥34.83B | 9.14 | 7.87% | 3.40% | 0.81% | -26.70% | |
69 Neutral | ¥12.41B | 18.59 | ― | 1.24% | -2.82% | -44.93% | |
67 Neutral | ¥424.02B | -16.12 | 7.93% | 2.32% | -2.26% | -10.86% | |
67 Neutral | ¥58.01B | 7.15 | ― | 3.25% | 9.50% | 77.72% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ¥131.51B | 45.55 | 6.98% | 3.13% | -2.13% | 37.10% | |
49 Neutral | ¥17.96B | 743.26 | ― | 3.24% | -3.73% | -143.19% |
* Basic Materials Sector Average
JP:1904
Taisei Oncho
5,500.00
2,243.51
68.89%
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290.38
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944.00
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74.23%
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320.00
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ASIA PILE HOLDINGS Corporation
1,523.00
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94.74%
Taisei Oncho Corporate Events
Taisei Oncho Lifts Dividend Despite Forecast Profit Decline for FY2025
Feb 12, 2026
Taisei Oncho reported consolidated net sales of ¥43.89 billion for the nine months ended December 31, 2025, down 1.3% year on year, while operating profit jumped 26.4% to ¥2.74 billion and profit attributable to owners of parent edged up...
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.