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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
Consistent Revenue GrowthRevenue has risen consistently from 2022–2026 with latest annual growth ~11.9%. Durable top-line momentum supports scale, backlog and pricing leverage, helping fund reinvestment and smoothing cyclical swings over a multi-quarter horizon as the company builds customer share.
Profitability ReboundThe firm recovered from a 2023 loss with net income and operating profit expansion in 2024–2026. Sustained profit recovery signals improved project execution and cost control, strengthening cash generation potential and lowering downside risk versus repeat loss outcomes.
Improving LeverageTotal debt has fallen and debt-to-equity improved from 0.91 (2021) to 0.67 (2025), while equity grew. A stronger capital base increases financial flexibility, supports bidding capacity and reduces refinancing stress across business cycles, enhancing resilience over coming quarters.
Bears Say
Meaningful Remaining DebtDespite improvement, the company retains a meaningful debt burden relative to equity and is a cyclical contractor. Debt servicing and covenant risk can tighten during downturns, limiting strategic flexibility and amplifying earnings volatility over 2–6 months of weaker demand.
Volatile Cash GenerationFree cash flow is positive in most years but has been inconsistent, with negative FCF in 2022 and a 2025 decline. Working-capital and project timing drive swings, creating liquidity uncertainty that can strain funding for capex, bid bonds or debt paydown during slower quarters.
Modest And Variable MarginsReported net margins are modest (~3.7%–4.0%) and somewhat variable, leaving limited buffer against cost inflation or project overruns. Low margin durability increases sensitivity to contract mix and execution, constraining cash flow upside and earnings resilience in adverse periods.

Toenec Corporation News

1946 FAQ

What was Toenec Corporation’s price range in the past 12 months?
Toenec Corporation lowest stock price was ¥1332.00 and its highest was ¥2514.00 in the past 12 months.
    What is Toenec Corporation’s market cap?
    Toenec Corporation’s market cap is ¥196.92B.
      When is Toenec Corporation’s upcoming earnings report date?
      Toenec Corporation’s upcoming earnings report date is Oct 23, 2026 which is in 72 days.
        How were Toenec Corporation’s earnings last quarter?
        Toenec Corporation released its earnings results on Jul 29, 2026. The company reported ¥46.94 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          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 3.71%. 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 ¥46.94 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.673%.
                  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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