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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
Revenue GrowthConsistent top-line growth (2022–2026, ~11.9% latest) indicates durable demand and successful project execution. Sustained revenue momentum improves backlog visibility, supports margin recovery efforts, and underpins capacity utilization and long-term cash generation as the company scales operations.
Profitability ReboundNet income and operating profit rebounded meaningfully in 2024–2026 after a 2023 loss, showing management can restore earnings. A durable profitability turnaround enhances internal funding for capex, dividends, and debt reduction, and demonstrates improved cost and project management capabilities.
Improving Leverage & Equity BaseDeclining total debt and rising equity through 2025 strengthen the capital base and financial flexibility. Improved leverage lowers refinancing and interest risks, enabling more conservative bidding and investment in projects, which supports resilience across business cycles and strategic initiatives.
Bears Say
Modest And Variable MarginsRelatively thin and fluctuating margins mean small adverse cost or pricing shifts materially erode profits. Dependency on project mix and execution quality raises earnings sensitivity, limiting the company's ability to build reserves, fund growth internally, or absorb prolonged input-cost inflation.
Cash-flow VolatilityWorking-capital swings and project timing have produced inconsistent free cash flow despite improvements in 2024 and 2026. This volatility complicates capital planning, can force external financing at unfavorable times, and raises execution risk for multi-year projects and debt reduction plans.
Cyclical Industry Exposure With Remaining DebtThe engineering & construction sector is cyclical; although leverage has improved, meaningful remaining debt combined with cyclical demand heightens downside risk in prolonged slowdowns. Lower demand could strain cash flow and pressure margins, stressing the balance sheet during downturns.

Toenec Corporation News

1946 FAQ

What was Toenec Corporation’s price range in the past 12 months?
Toenec Corporation lowest stock price was ¥1264.00 and its highest was ¥2514.00 in the past 12 months.
    What is Toenec Corporation’s market cap?
    Toenec Corporation’s market cap is ¥195.67B.
      When is Toenec Corporation’s upcoming earnings report date?
      Toenec Corporation’s upcoming earnings report date is Jul 29, 2026 which is in 7 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 3.66%. 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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