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Toenec Corporation (1946.T)

JPY2,153.00 +70.00 (+3.36%)
JP JPX Industrials Engineering & Construction
Address 31-23, Sakae 1-chome 460-0008
Nagoya, JP
CEO Shintaro Fukuda
IPO 2001-01-01
ISIN JP3552230009

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Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY2,153.00 +70.00 (+3.36%)
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Volume Profile
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Liquidity & share structure
Average Volume
198.3K
Beta
0.58
Float Shares
37.74M
Free Float %
40.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.74% +4.07% -6.96% -5.13% +14.56% +12.91% +92.06% +214.09% +207.71% +286.73% +422.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,153.00
DCF (Unlevered) 7,749.30 +259.9%
DCF (Levered) 9,808.66 +355.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.72
Grey zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    +0.6% Q1'26: +10.6% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    +65.9% Q1'26: +46.2% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +5.1% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +7.9% Q1'26: +10.5% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    +7.9% Q1'26: +13.2% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    -0.3% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    2.58× Q1'26: 1.85× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.59) × ERP
WACC = 72% × Ke + 28% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 7,789.49 Current price: 2,153.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
195.57B
est: 197.00B (-0.7%)
264.00B
264.00B – 264.00B
+34.0% YoY
282.00B
282.00B – 282.00B
+6.8% YoY
292.00B
292.00B – 292.00B
+3.5% YoY
300.00B
300.00B – 300.00B
+2.7% YoY
EBITDA
11.98B
est: 18.36B (-34.8%)
43.40B
43.40B – 43.40B
+136.4% YoY
46.36B
46.36B – 46.36B
+6.8% YoY
48.00B
48.00B – 48.00B
+3.5% YoY
49.31B
49.31B – 49.31B
+2.7% YoY
EBIT
7.64B
est: 10.26B (-25.5%)
33.58B
33.58B – 33.58B
+227.3% YoY
35.87B
35.87B – 35.87B
+6.8% YoY
37.14B
37.14B – 37.14B
+3.5% YoY
38.16B
38.16B – 38.16B
+2.7% YoY
Net Income
3.49B
est: 2.78B (+25.4%)
16.00B
16.00B – 16.00B
+475.0% YoY
18.50B
18.50B – 18.50B
+15.6% YoY
19.50B
19.50B – 19.50B
+5.4% YoY
20.20B
20.20B – 20.20B
+3.6% YoY
SGA
15.51B
est: 17.72B (-12.5%)
24.51B
24.51B – 24.51B
+38.3% YoY
26.18B
26.18B – 26.18B
+6.8% YoY
27.11B
27.11B – 27.11B
+3.5% YoY
27.85B
27.85B – 27.85B
+2.7% YoY
EPS
37.28
est: 29.90 (+24.7%)
172.40
172.40 – 172.40
+476.6% YoY
199.30
199.30 – 199.30
+15.6% YoY
210.10
210.10 – 210.10
+5.4% YoY
217.60
217.60 – 217.60
+3.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-28 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-27 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-26 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-25 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-22 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-21 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-20 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-19 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-18 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-15 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-14 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-13 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-12 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-11 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-08 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-07 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-01 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-30 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-28 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-04-27 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-24 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-23 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-22 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-21 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-20 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-17 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5
2026-04-16 A 4/5 5/5 3/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
13.67B
OE per share TTM
146.71
Owner's Yield
6.48%
Maintenance CapEx ratio
169.91%
Maint CapEx / Avg PPE
56.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 58 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 NYLI International Small-Mid Cap Equity ETF NISM 0.36% 90.3K 0.70%
2 WisdomTree Japan SmallCap Dividend Fund DFJ 0.25% 941.3K 0.58%
3 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.09% 393.4K 0.48%
4 WisdomTree International SmallCap Dividend Fund DLS 0.09% 905.2K 0.58%
5 iShares International Developed Small Cap Value Factor ETF ISVL 0.08% 251.8K 0.31%
6 Avantis International Small Cap Value ETF AVDV 0.05% 9.75M 0.36%
7 iShares MSCI Japan Small-Cap ETF SCJ 0.04% 97.7K 0.50%
8 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.04% 214.9K 0.58%
9 Schwab International Small-Cap Equity ETF SCHC 0.02% 1.24M 0.06%
10 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.02% 35.4K 0.83%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.40M
Shares Outstanding
92.83M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Atsushi Watanabe Senior Managing Executive Officer
Chikara Oshima Senior Managing Executive Officer and GM of Corporate Planning Department & Accounting Department
Hisashi Takada Executive Officer & Head of the Management Audit Department
Masafumi Uemura Executive Officer & General Manager of Legal Department
Shigemitsu Yamazaki Executive Vice President, Executive Officer, GM of Tokyo Headquarters & Director male
Tatsuo Ikeyama Sr Managing Exec Officer, GM of Tech. Research & Dev.,Info. Sys Dept., & Info. & Comm Div. & Dir male
Tsuguhisa Takimoto Chief Executive Officer, President & Representative Director male
Yoshihiro Hosokawa Managing Executive Officer - Sales Headquarters (International)
Yoshitaka Saji Sr. Managing Executive Officer & Supervisor of Legal, General Affairs, Safety Qy Environment Dept.
Yusuke Hamada Head of Accounting Group 1 - Accounting Department
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits