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Toenec Corporation (JP:1946)
:1946
Japanese Market

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
Balance Sheet StrengthA 44% equity ratio provides a durable capital buffer for an engineering & construction firm, lowering insolvency risk and supporting bonding, working capital and project financing. This structural strength improves resilience across multi-month project cycles and downturns.
Improving Return On EquityROE rising to 7.88% signals more effective use of shareholders' capital. Sustained improvement suggests management is allocating capital toward higher‑return projects and improving operational leverage, which supports long‑term shareholder returns and reinvestment capacity.
Stable Margins And Recent Revenue UpsideConsistent revenue growth with stable gross and operating margins shows structural operational efficiency in a cyclical industry. Margin durability supports cash generation and competitiveness on multi‑year contracts, aiding predictable profitability over the next several months.
Bears Say
Declining Operating Cash FlowA drop in operating cash flow to ¥17.77bn reduces internally available funds for working capital and project cycles. For a construction business with lumpy receipts, weaker OCF can increase reliance on external financing and constrain agility over a 2-6 month horizon.
Reduced Free Cash FlowFalling FCF to ¥11.62bn, driven by higher capex, limits capacity to fund dividends, repay debt or pursue opportunistic investments. Over several months this forces stricter capital allocation and may delay strategic initiatives that require internal funding.
Moderate Leverage Requires MonitoringA debt/equity of 0.67 is moderate but noted as a relatively high level for the company. In a cyclical engineering sector, this leverage can constrain bidding flexibility and increase interest exposure, making capital structure a risk to watch over the medium term.

Toenec Corporation News

1946 FAQ

What was Toenec Corporation’s price range in the past 12 months?
Toenec Corporation lowest stock price was ¥796.00 and its highest was ¥2397.00 in the past 12 months.
    What is Toenec Corporation’s market cap?
    Toenec Corporation’s market cap is ¥204.98B.
      When is Toenec Corporation’s upcoming earnings report date?
      Toenec Corporation’s upcoming earnings report date is Apr 24, 2026 which is in 45 days.
        How were Toenec Corporation’s earnings last quarter?
        Toenec Corporation released its earnings results on Feb 02, 2026. The company reported ¥39.93 earnings per share for the quarter, beating the consensus estimate of N/A by ¥39.93.
          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 ¥39.93 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.369%.
                  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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