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Toenec CorporationTSE:1946 Stock Report

Market Cap JP¥194.4b
Share Price
JP¥2.09k
JP¥4.39k
52.4% undervalued intrinsic discount
1Y78.8%
7D-8.0%
1D
Portfolio Value
View

Toenec Corporation

TSE:1946 Stock Report

Market Cap: JP¥194.4b

Toenec (1946) Stock Overview

Engages in the construction and improvement of social infrastructure in the energy, environment, and information technology fields in Japan. More details

1946 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

1946 Community Fair Values

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Toenec Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Toenec
Historical stock prices
Current Share PriceJP¥2,092.00
52 Week HighJP¥2,514.00
52 Week LowJP¥1,152.00
Beta0.59
1 Month Change-14.75%
3 Month Change-1.74%
1 Year Change78.80%
3 Year Change190.15%
5 Year Change181.56%
Change since IPO12.50%

Recent News & Updates

Analysis Article May 06

Concerns Surrounding Toenec's (TSE:1946) Performance

Toenec Corporation ( TSE:1946 ) just released a solid earnings report, and the stock displayed some strength. Despite...

Recent updates

Analysis Article May 06

Concerns Surrounding Toenec's (TSE:1946) Performance

Toenec Corporation ( TSE:1946 ) just released a solid earnings report, and the stock displayed some strength. Despite...
Analysis Article Feb 08

Toenec (TSE:1946) Is Increasing Its Dividend To ¥37.00

Toenec Corporation ( TSE:1946 ) will increase its dividend from last year's comparable payment on the 29th of June to...
Analysis Article Jan 15

Does Toenec (TSE:1946) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 29

Toenec's (TSE:1946) Dividend Will Be Increased To ¥37.00

Toenec Corporation's ( TSE:1946 ) dividend will be increasing from last year's payment of the same period to ¥37.00 on...
Analysis Article Nov 04

Impressive Earnings May Not Tell The Whole Story For Toenec (TSE:1946)

Toenec Corporation's ( TSE:1946 ) stock was strong after they recently reported robust earnings. However, we think that...
Analysis Article Oct 28

Investors Still Waiting For A Pull Back In Toenec Corporation (TSE:1946)

There wouldn't be many who think Toenec Corporation's ( TSE:1946 ) price-to-earnings (or "P/E") ratio of 13.1x is worth...
Analysis Article May 05

The Market Lifts Toenec Corporation (TSE:1946) Shares 27% But It Can Do More

Toenec Corporation ( TSE:1946 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Nov 05

There May Be Underlying Issues With The Quality Of Toenec's (TSE:1946) Earnings

Despite posting some strong earnings, the market for Toenec Corporation's ( TSE:1946 ) stock hasn't moved much. Our...
Analysis Article Aug 06

Toenec Corporation's (TSE:1946) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors

Toenec Corporation ( TSE:1946 ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article May 31

Is Toenec (TSE:1946) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 03

Investors Shouldn't Be Too Comfortable With Toenec's (TSE:1946) Earnings

Toenec Corporation's ( TSE:1946 ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Analysis Article Apr 19

Returns On Capital At Toenec (TSE:1946) Have Hit The Brakes

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Mar 14

Estimating The Intrinsic Value Of Toenec Corporation (TSE:1946)

Key Insights The projected fair value for Toenec is JP¥5,186 based on 2 Stage Free Cash Flow to Equity Current share...

Shareholder Returns

1946JP ConstructionJP Market
7D-8.0%4.3%1.9%
1Y78.8%60.8%41.5%

Return vs Industry: 1946 exceeded the JP Construction industry which returned 60.8% over the past year.

Return vs Market: 1946 exceeded the JP Market which returned 41.5% over the past year.

Price Volatility

Is 1946's price volatile compared to industry and market?
1946 volatility
1946 Average Weekly Movement8.0%
Construction Industry Average Movement5.1%
Market Average Movement4.9%
10% most volatile stocks in JP Market9.6%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 1946's share price has been volatile over the past 3 months compared to the JP market.

Volatility Over Time: 1946's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

FoundedEmployeesCEOWebsite
19446,416Tsuguhisa Takimotowww.toenec.co.jp

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.

Toenec Corporation Fundamentals Summary

How do Toenec's earnings and revenue compare to its market cap?
1946 fundamental statistics
Market capJP¥194.39b
Earnings (TTM)JP¥17.81b
Revenue (TTM)JP¥272.47b
10.9x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1946 income statement (TTM)
RevenueJP¥272.47b
Cost of RevenueJP¥224.02b
Gross ProfitJP¥48.45b
Other ExpensesJP¥30.64b
EarningsJP¥17.81b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)191.85
Gross Margin17.78%
Net Profit Margin6.54%
Debt/Equity Ratio28.5%

How did 1946 perform over the long term?

See historical performance and comparison

Dividends

3.6%
Current Dividend Yield
40%
Payout Ratio

Does 1946 pay a reliable dividends?

See 1946 dividend history and benchmarks
When do you need to buy 1946 by to receive an upcoming dividend?
Toenec dividend dates
Ex Dividend DateMar 30 2026
Dividend Pay DateJun 26 2026
Days until Ex dividend64 days
Days until Dividend pay date24 days

Does 1946 pay a reliable dividends?

See 1946 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 07:41
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Toenec Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yoko MizoguchiIchiyoshi Research Institute Inc.