Totech Corporation (JP:9960)
:9960
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Totech Corporation
(9960)
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Rating:79Outperform
Price Target:
¥4,546.00
▲(24.04% Upside)
Action:ReiteratedDate:11/28/25
Totech Corporation's strong financial performance and attractive valuation are the primary drivers of its high stock score. The technical analysis indicates positive momentum, though caution is advised due to overbought signals. The absence of recent earnings call data and corporate events does not detract from the overall positive outlook.
Positive Factors
Free Cash Flow Strength
A 50% YoY rise in free cash flow and an FCF/net income ratio above 1 show durable internal funding. Strong cash conversion supports capex, dividends, deleveraging and selective M&A, reducing reliance on external financing and improving resilience over months.
Negative Factors
Modest Net Margin
A net margin of ~7.2% is modest for capital-intensive hardware, leaving limited buffer for commodity, input cost or FX pressure. Persistently thin net margins can constrain reinvestment, dividend growth and the company's ability to absorb cyclical downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
A 50% YoY rise in free cash flow and an FCF/net income ratio above 1 show durable internal funding. Strong cash conversion supports capex, dividends, deleveraging and selective M&A, reducing reliance on external financing and improving resilience over months.
Read all positive factors
Totech Corporation (9960) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥165.31B
Dividend Yield3.41%
Average Volume (3M)33.60K
Price to Earnings (P/E)9.6
Beta (1Y)0.98
Revenue Growth14.28%
EPS Growth33.81%
CountryJP
Employees2,614
SectorTechnology
Sector Strength88
IndustryHardware, Equipment & Parts
Share Statistics
EPS (TTM)95.06
Shares Outstanding41,964,000
10 Day Avg. Volume35,520
30 Day Avg. Volume33,603
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)1.64
Price to Sales (P/S)0.64
P/FCF Ratio7.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)327.8
Revenue Forecast (FY)¥180.00B
Totech Corporation Business Overview & Revenue Model
Company Description
Totech Corporation engages in the sale of air conditioning equipment and control system equipment in Japan. The company offers services for managing facility environment to various customers, including building owners, users, and managers; and equ...
How the Company Makes Money
null...
Totech Corporation Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 160.39B | 155.96B | 140.73B | 126.70B | 110.12B | 109.65B |
| Gross Profit | 43.05B | 41.68B | 33.98B | 31.06B | 27.01B | 26.26B |
| EBITDA | 17.28B | 16.47B | 11.77B | 9.62B | 7.99B | 7.52B |
| Net Income | 11.39B | 11.19B | 7.00B | 5.23B | 4.72B | 4.79B |
Balance Sheet | ||||||
| Total Assets | 100.18B | 105.23B | 100.48B | 92.06B | 84.69B | 81.48B |
| Cash, Cash Equivalents and Short-Term Investments | 10.18B | 13.08B | 8.69B | 6.05B | 7.84B | 5.04B |
| Total Debt | 9.28B | 4.82B | 9.88B | 13.26B | 13.06B | 14.29B |
| Total Liabilities | 39.31B | 44.00B | 47.04B | 46.56B | 43.02B | 42.89B |
| Stockholders Equity | 60.87B | 61.23B | 53.44B | 45.49B | 41.67B | 38.59B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 12.61B | 8.53B | 454.00M | 9.41B | 4.41B |
| Operating Cash Flow | 0.00 | 13.88B | 9.94B | 4.76B | 11.01B | 5.24B |
| Investing Cash Flow | 0.00 | -1.10B | -437.00M | -5.03B | -5.13B | -2.27B |
| Financing Cash Flow | 0.00 | -8.41B | -6.02B | -2.65B | -3.30B | -3.79B |
Totech Corporation Technical Analysis
Negative
3665.00
Price Trends
4031.42
Negative
3860.29
Negative
3425.69
Positive
Market Momentum
-14.50
Negative
44.15
Neutral
34.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9960, the sentiment is Negative. The current price of 3665 is below the 20-day moving average (MA) of 3844.29, below the 50-day MA of 4031.42, and above the 200-day MA of 3425.69, indicating a neutral trend. The MACD of -14.50 indicates Negative momentum. The RSI at 44.15 is Neutral, neither overbought nor oversold. The STOCH value of 34.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9960.
Totech Corporation Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥165.31B | 9.64 | ― | 3.41% | 14.28% | 33.81% | |
78 Outperform | ¥691.94B | 15.50 | 8.07% | 2.85% | 11.18% | -0.75% | |
70 Outperform | ¥84.01B | 10.57 | ― | 3.05% | 10.79% | 12.28% | |
64 Neutral | ¥168.22B | 29.59 | 5.91% | 2.39% | -3.24% | -25.21% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ¥140.85B | 11.45 | ― | 2.18% | -0.93% | -45.03% | |
55 Neutral | ¥29.86B | 3.47 | 0.31% | 1.75% | -14.20% | ― |
* Technology Sector Average
JP:9960
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Totech Corporation Corporate Events
Totech lifts nine‑month profits and holds outlook as balance sheet strengthens
Feb 24, 2026
Totech Corporation reported consolidated net sales of ¥123.2 billion for the nine months ended December 31, 2025, up 11.6% year on year, with operating profit rising 19.8% to ¥12.2 billion and profit attributable to owners of parent incr...
Totech Completes ¥779 Million Share Buyback to Bolster Shareholder Returns
Feb 24, 2026
Totech Corporation has completed a repurchase of 180,000 of its common shares, equivalent to 0.44% of outstanding stock excluding treasury shares, through the Tokyo Stock Exchange’s off-auction own share repurchase trading system ToSTNeT-3. ...
Totech to Launch ¥779 Million Share Buyback via ToSTNeT-3
Feb 20, 2026
Totech Corporation has approved a share buyback via the Tokyo Stock Exchange’s off-auction own share repurchase system, ToSTNeT-3, as part of a flexible capital policy and shareholder return program. The company plans to acquire up to 180,00...
Totech’s ToSTNeT-3 Share Buyback Yields No Shares but Program Concludes
Feb 16, 2026
Totech Corporation reported that its planned repurchase of treasury shares via the Tokyo Stock Exchange’s off-auction own share repurchase system (ToSTNeT-3) on February 16, 2026, resulted in no shares being acquired because no sell orders w...
Totech to Launch Targeted Share Buyback via ToSTNeT-3
Feb 13, 2026
Totech Corporation has authorized a repurchase of its own common shares as part of a flexible capital policy and broader shareholder return strategy, signaling management’s focus on capital efficiency amid changing business conditions. The b...
Totech Delivers Strong Nine-Month Earnings and Confirms Higher Dividend for FY2026
Feb 13, 2026
Totech Corporation reported robust results for the nine months ended December 31, 2025, with net sales rising 11.6% year on year to ¥123.2 billion and profit attributable to owners of parent up 19.0% to ¥9.1 billion, lifting basic earnin...
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.