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Toyo Tec Co., Ltd (JP:9686)
:9686
Japanese Market
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Toyo Tec Co., Ltd (9686) AI Stock Analysis

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JP:9686

Toyo Tec Co., Ltd

(9686)

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Outperform 76 (OpenAI - 5.2)
Rating:76Outperform
Price Target:
¥1,883.00
▲(17.10% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by improving financial performance (notably the latest-year earnings and cash flow step-up) and supportive technical uptrend, reinforced by attractive valuation (low P/E and ~3% dividend yield). The main risk holding the score back is historical margin and free-cash-flow volatility alongside a recent increase in debt.
Positive Factors
Revenue and earnings growth
The sharp improvement in revenue and net income indicates stronger operating leverage and business momentum. If sustained, this earnings inflection can strengthen internal funding capacity and improve resilience over the next several reporting periods.
Negative Factors
Thin, uneven margins
Thin and inconsistent profitability leaves less protection against weaker demand, cost inflation or execution issues. Although 2026 improved materially, the historical pattern suggests earnings quality and margin sustainability still need to be demonstrated.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and earnings growth
The sharp improvement in revenue and net income indicates stronger operating leverage and business momentum. If sustained, this earnings inflection can strengthen internal funding capacity and improve resilience over the next several reporting periods.
Read all positive factors

Toyo Tec Co., Ltd (9686) vs. iShares MSCI Japan ETF (EWJ)

Toyo Tec Co., Ltd Business Overview & Revenue Model

Company Description
Established in 1966 and headquartered in Osaka, Japan, Toyo Tec Co.,Ltd. is a comprehensive provider of security services across the nation. Its core offerings encompass protection for mechanical systems, homes, transportation, and various facilit...
How the Company Makes Money
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Toyo Tec Co., Ltd Financial Statement Overview

Summary
Strong latest-year inflection: revenue stepped up and net income more than doubled, with improved operating and free cash flow in 2026. Offsetting this, margins have been historically thin/uneven, free cash flow has been volatile with several negative years, and leverage has trended up with debt rising in 2026.
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
68
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue40.10B43.07B34.93B31.25B30.14B27.47B
Gross Profit8.53B8.96B6.91B6.00B5.84B5.40B
EBITDA4.44B4.43B2.88B2.33B2.26B1.90B
Net Income1.60B1.97B692.70M626.23M741.88M459.51M
Balance Sheet
Total Assets39.22B39.39B38.80B35.77B31.59B29.88B
Cash, Cash Equivalents and Short-Term Investments8.68B12.35B10.62B10.89B10.18B10.73B
Total Debt9.37B7.97B9.46B6.55B5.07B4.04B
Total Liabilities15.99B16.06B17.06B14.46B10.96B9.43B
Stockholders Equity23.22B23.33B21.74B21.31B20.62B20.45B
Cash Flow
Free Cash Flow0.004.17B1.72B-2.09B404.53M-1.33B
Operating Cash Flow0.005.02B2.86B1.90B1.50B783.89M
Investing Cash Flow0.00-1.21B-4.45B-3.05B-1.33B203.25M
Financing Cash Flow0.00-1.87B2.42B1.14B-135.85M-881.43M

Toyo Tec Co., Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1608.00
Price Trends
50DMA
1628.44
Positive
100DMA
1607.45
Positive
200DMA
1616.15
Positive
Market Momentum
MACD
10.36
Negative
RSI
61.17
Neutral
STOCH
56.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9686, the sentiment is Positive. The current price of 1608 is below the 20-day moving average (MA) of 1647.50, below the 50-day MA of 1628.44, and below the 200-day MA of 1616.15, indicating a bullish trend. The MACD of 10.36 indicates Negative momentum. The RSI at 61.17 is Neutral, neither overbought nor oversold. The STOCH value of 56.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9686.

Toyo Tec Co., Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
¥17.56B10.883.28%2.55%9.14%
76
Outperform
¥263.83B18.142.42%6.33%33.61%
72
Outperform
¥157.01B14.921.39%10.73%31.40%
69
Neutral
¥2.86T23.338.87%1.45%4.15%5.56%
68
Neutral
¥603.63B16.592.14%6.69%18.88%
62
Neutral
¥40.78B18.511.95%7.98%-38.53%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:9686
Toyo Tec Co., Ltd
1,669.00
84.60
5.34%
JP:9735
Secom Co
6,440.00
1,056.74
19.63%
JP:2331
Sohgo Security Services Co., Ltd.
1,192.50
78.38
7.03%
JP:6744
Nohmi Bosai Ltd.
4,310.00
476.17
12.42%
JP:7734
Riken Keiki Co., Ltd.
3,330.00
150.83
4.74%
JP:9740
Central Security Patrols Co., Ltd.
2,804.00
356.36
14.56%
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.Date of analysis: Aug 17, 2026