CHUDENKO (1941) AI Stock Analysis

• Market Cap: ¥282.69B
• Dividend Yield: 2.78%
• Average Volume (3M): 59.04K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.64
• Revenue Growth: 1.31%
• EPS Growth: 59.20%
• Country: JP
• Employees: 4,519
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 92.14
• Shares Outstanding: 58,138,115
• 10 Day Avg. Volume: 50,490
• 30 Day Avg. Volume: 59,039
• PEG Ratio: 0.06
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 0.81
• P/FCF Ratio: 10.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ¥5,808.00 ▲(27.65% Upside)
• Action: Reiterated Date: 11/22/25
• Date: Action: Reiterated 11/22/25

CHUDENKO's strong financial performance is the most significant factor, supported by robust revenue and profit growth, efficient cash flow management, and a stable balance sheet. The technical analysis indicates bullish momentum, although caution is advised due to overbought signals. The valuation suggests potential undervaluation with an attractive dividend yield.

Positive Factors

Cash Generation

Sustained growth in operating cash flow and materially higher free cash flow provide durable financing for capex, R&D, dividends, and selective M&A. Reliable FCF improves liquidity and reduces reliance on external financing, supporting resilience across multi-quarter project cycles.

Balance Sheet Strength

Conservative leverage and a healthy equity ratio furnish financial flexibility to bid large projects, absorb contract delays, and invest countercyclically. Improved ROE signals efficient capital use, which supports long-term shareholder returns and stability through economic swings.

Margin Sustainability

Wider gross and net margins and strong EBIT/EBITDA indicate lasting operational improvements — better pricing, cost control, or project execution. Higher margin structure increases cash retention per revenue dollar, supporting reinvestment and buffer against input cost volatility.

Negative Factors

Recent Revenue Trend

A recent negative revenue growth rate signals potential demand softness or project timing shifts. For an engineering & construction firm, sustained top-line declines can erode backlog coverage, reduce operating leverage benefits, and pressure medium-term profitability if not reversed.

Earnings Pressure

Material EPS contraction suggests margin or volume pressures affecting shareholder returns. Persisting EPS declines can limit retained earnings, constrain dividend capacity and internal funding for growth, and signal structural profitability challenges that take multiple quarters to address.

Industry Cyclicality

The engineering and construction sector is inherently cyclical and tied to capital spending cycles. Macroeconomic downturns or reduced infrastructure budgets can sharply curtail new orders and extend payment timelines, producing durable volatility in revenue and margins over several quarters.

CHUDENKO Business Overview & Revenue Model

Company Description

Chudenko Corporation operates as an equipment engineering company in Japan. It undertakes electrical works, such as light/outlet, image/sound/TV/broadcast, power receiving/transforming, and plant equipment works; energy-related works comprising wind/solar power generation, cogeneration, energy-saving power, and private power generation system works; and environment-related works, including recycling and heat storage system works. The company also undertakes electric line/distribution line/leading wire/underground line works; and office/household water and sewerage, and industrial water and sewerage facilities works, as well as constructs, maintains, and repairs roads and architecture. In addition, it is involved in the Internet/Intranet, CATV/community wireless system/telephone, LAN, optical and mobile communication, and OA floor equipment, as well as system integration and integrated information wiring works; air-conditioning/cooling, heating/water supply, drainage/sanitation/environment equipment, and clean room system works; and fire-alarm, theft monitoring/alarm, and firefighting/evacuation guidance equipment works. Further, the company engages in building equipment renewal and housing renovation works, as well as pylon works; designs, produces, sells, repairs, installs, and maintains electrical equipment, such as distribution boards, supervisory panels, control boards, power source equipment, communication devices, heavy current devices, various measuring devices, and others; and plans, develops, sells, rents, operates, and maintains software and information processing systems. Additionally, it provides consulting and maintenance services consisting of energy saving diagnosis/support services, as well as disaster prevention and firefighting equipment inspection services. The company was founded in 1944 and is headquartered in Hiroshima, Japan.

How the Company Makes Money

CHUDENKO generates revenue primarily through the sale of electrical and thermal energy to its customers. The company has a diversified revenue model that includes long-term contracts with industrial clients, residential energy service agreements, and partnerships with governmental agencies for infrastructure projects. Additionally, CHUDENKO invests in renewable energy sources, such as solar and wind power, which provide alternative revenue streams through energy credits and government incentives. Strategic collaborations with other energy firms and technological companies further enhance its capabilities and open up new avenues for earnings, while regulatory frameworks and energy market dynamics also play a significant role in shaping its financial performance.

CHUDENKO Financial Statement Overview

Summary

CHUDENKO demonstrates robust financial performance with strong revenue and profit growth, efficient cash flow management, and a stable balance sheet. The company is well-positioned within the industry, reflecting sustainable profitability and growth potential.

Income Statement

CHUDENKO has shown strong revenue growth over the years with a significant increase from the previous period. The gross profit margin and net profit margin have improved, indicating enhanced operational efficiency and profitability. EBIT and EBITDA margins are robust, reflecting solid earnings performance before interest, taxes, depreciation, and amortization. Overall, the income statement indicates a positive growth trajectory with strong profitability.

Balance Sheet

The company's balance sheet is stable, with a low debt-to-equity ratio indicating conservative leverage. The equity ratio is healthy, suggesting strong equity financing relative to assets. Return on Equity (ROE) has improved, showcasing efficient utilization of shareholder's equity in generating profits. The financial position is sound with manageable liabilities, contributing to a stable financial standing.

Cash Flow

CHUDENKO's cash flow statement is strong, with a notable increase in operating cash flow. The Free Cash Flow has grown significantly, indicating effective cash management and the ability to fund operations and investments. The Operating Cash Flow to Net Income ratio is solid, reflecting cash generation efficiency. Overall, the cash flow position supports the company's growth initiatives and financial health.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	220.66B	221.88B	201.03B	190.69B	184.48B	168.89B
Gross Profit	40.66B	38.93B	28.53B	25.58B	25.41B	21.27B
EBITDA	29.04B	26.86B	16.57B	14.68B	13.15B	12.56B
Net Income	21.04B	19.89B	7.94B	6.68B	8.12B	4.79B
Balance Sheet
Total Assets	287.79B	293.90B	280.54B	279.73B	276.52B	273.74B
Cash, Cash Equivalents and Short-Term Investments	44.17B	42.34B	36.34B	35.06B	37.77B	30.77B
Total Debt	4.05B	480.00M	322.00M	544.00M	996.00M	1.53B
Total Liabilities	58.56B	64.30B	66.63B	63.40B	57.77B	61.70B
Stockholders Equity	226.17B	226.57B	211.10B	213.22B	214.86B	208.49B
Cash Flow
Free Cash Flow	0.00	17.22B	10.34B	6.30B	7.65B	9.69B
Operating Cash Flow	0.00	22.75B	13.72B	7.97B	9.12B	11.84B
Investing Cash Flow	0.00	-11.53B	-6.10B	-4.33B	6.34B	-15.72B
Financing Cash Flow	0.00	-7.64B	-7.32B	-8.52B	-7.18B	-6.44B

CHUDENKO Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4550.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:1941, the sentiment is Positive. The current price of 4550 is below the 20-day moving average (MA) of 4825.75, below the 50-day MA of 4678.50, and above the 200-day MA of 4000.70, indicating a bullish trend. The MACD of 107.53 indicates Negative momentum. The RSI at 70.27 is Negative, neither overbought nor oversold. The STOCH value of 78.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:1941.

CHUDENKO Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1941	76 Outperform	¥282.69B	16.21	9.20%	2.78%	1.31%	59.20%
1417	76 Outperform	¥337.12B	16.03	8.12%	2.28%	6.50%	53.04%
1939	76 Outperform	¥101.86B	18.89	―	4.38%	-0.84%	-1.80%
1949	74 Outperform	¥345.45B	19.95	12.41%	1.68%	8.09%	20.78%
1959	74 Outperform	¥748.49B	22.29	―	2.15%	-5.20%	-1.20%
1942	72 Outperform	¥1.43T	25.17	14.15%	2.00%	16.43%	53.76%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

CHUDENKO Corporate Events

CHUDENKO Completes ¥6.0 Billion Share Buyback via ToSTNeT-3

CHUDENKO CORPORATION has completed a share buyback authorized by its board on February 26, 2026, acquiring 1,216,400 shares of its common stock, equivalent to 2.25% of issued shares excluding treasury stock. The shares were repurchased on February 27, 2026, via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system at a total cost of ¥6,027,262,000, below the pre-set maximum of 1.4 million shares and ¥6,937,000,000.

The company stated that the buyback is aimed at enhancing shareholder returns and improving capital efficiency, signaling a proactive capital allocation stance. Completion of the program as announced may support per-share metrics and underscores management’s willingness to return excess capital to investors, which could positively influence market perception of the stock.

The most recent analyst rating on (JP:1941) stock is a Hold with a Yen5425.00 price target. To see the full list of analyst forecasts on CHUDENKO stock, see the JP:1941 Stock Forecast page.

Chudenko Launches ¥6.9 Billion Share Buyback to Boost Capital Efficiency

Chudenko Corporation has approved a share buyback to acquire up to 1.4 million of its common shares, representing about 2.58% of its outstanding stock excluding treasury shares. The company plans to execute the repurchase via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction own share repurchase system at the February 26, 2026 closing price of ¥4,955, with a maximum outlay of approximately ¥6.94 billion.

The stated aim of the transaction is to enhance shareholder returns and improve capital efficiency, signaling management’s confidence in the company’s financial position and valuation. Depending on market conditions, the full planned volume may not be purchased, but the move is likely to support the share price and modestly increase earnings per share, benefiting existing shareholders while slightly reducing the company’s available cash reserves.

The most recent analyst rating on (JP:1941) stock is a Hold with a Yen5425.00 price target. To see the full list of analyst forecasts on CHUDENKO stock, see the JP:1941 Stock Forecast page.

Chudenko Lifts Profits on Strong Margins, Confirms Higher Dividend Despite Lower Net Income

For the nine months ended 31 December 2025, Chudenko reported net sales of ¥149.6 billion, down 2.5% year on year, but achieved an 18.7% rise in operating profit to ¥17.6 billion and a 14.5% increase in ordinary profit to ¥18.5 billion, supported by improved margins, while profit attributable to owners of parent declined 18.2% to ¥12.3 billion and earnings per share fell to ¥226.78. The company’s financial position remained solid with total assets of ¥303.3 billion, net assets of ¥241.6 billion and an equity ratio of 78.6%, and management is maintaining a shareholder‑friendly stance with plans to raise the full‑year dividend to ¥130 per share; for the full fiscal year to March 2026, Chudenko forecasts a 4.6% increase in net sales to ¥232.0 billion and higher operating and ordinary profits, even as it guides for a 19.1% decline in full‑year net profit, suggesting ongoing investment or cost factors that may weigh on bottom‑line earnings despite operational strength.

The most recent analyst rating on (JP:1941) stock is a Buy with a Yen5341.00 price target. To see the full list of analyst forecasts on CHUDENKO stock, see the JP:1941 Stock Forecast page.