Toenec Corporation logo

Toenec Corporation

1946.T

JPXIndustrialsEngineering & Construction

Latest quote

¥2,158

+¥38.00 · +1.79%

Aug 24, 2:41 PM JST

1946.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

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.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
JP
CEO
Tsuguhisa Takimoto
Listed since
Jan 1, 2001
Employees
6,487

Market position

Day range

Current ¥2,158

52-week range

Current ¥2,158

Open
¥2,121
Previous close
¥2,120
Volume
103.4K
0.52× average
Average volume
197.03K
Average daily volume
Market cap
200.33B JPY
Beta
0.57
Market reference 1
50-day average
¥2,145.98
+0.56% above average
200-day average
¥2,089.64
+3.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
220.38B JPY
P/E (TTM)
9.96×
P/B (TTM)
1.29×
P/S (TTM)
0.73×
EV / EBITDA
5.75×
Earnings yield
9.66%
Free cash flow yield
9.82%
Dividend yield
3.52%

Profitability & efficiency

Gross margin
18.69%
Operating margin
8.45%
Net margin
7.39%
Return on equity
11.63%
Return on assets
5.71%
Return on invested capital
6.15%

Financial health

Debt / equity
0.47×
Current ratio
1.61×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%12%4%-4%Gross margin, FY2021: 15.89%Gross margin, FY2022: 13.93%Gross margin, FY2023: 14.80%Gross margin, FY2024: 14.94%Gross margin, FY2025: 17.78%Operating margin, FY2021: 6.41%Operating margin, FY2022: 4.43%Operating margin, FY2023: 6.29%Operating margin, FY2024: 5.92%Operating margin, FY2025: 7.86%Net margin, FY2021: 3.77%Net margin, FY2022: -2.39%Net margin, FY2023: 3.70%Net margin, FY2024: 3.97%Net margin, FY2025: 6.54%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.89%. Gross margin FY2022 13.93%. Gross margin FY2023 14.80%. Gross margin FY2024 14.94%. Gross margin FY2025 17.78%. Operating margin FY2021 6.41%. Operating margin FY2022 4.43%. Operating margin FY2023 6.29%. Operating margin FY2024 5.92%. Operating margin FY2025 7.86%. Net margin FY2021 3.77%. Net margin FY2022 -2.39%. Net margin FY2023 3.70%. Net margin FY2024 3.97%. Net margin FY2025 6.54%.

Income trends

Revenue

272.47B JPY+0.55%

Operating income

21.42B JPY+33.55%

Net income

17.81B JPY+65.48%
Income trends across reported periods300.27B JPY189.06B JPY77.86B JPY−33.35B JPYRevenue, FY2021: 219.62B JPYRevenue, FY2022: 232.05B JPYRevenue, FY2023: 252.86B JPYRevenue, FY2024: 270.97B JPYRevenue, FY2025: 272.47B JPYOperating income, FY2021: 14.07B JPYOperating income, FY2022: 10.29B JPYOperating income, FY2023: 15.91B JPYOperating income, FY2024: 16.04B JPYOperating income, FY2025: 21.42B JPYNet income, FY2021: 8.28B JPYNet income, FY2022: −5.55B JPYNet income, FY2023: 9.35B JPYNet income, FY2024: 10.76B JPYNet income, FY2025: 17.81B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 219.62B JPY. Revenue FY2022 232.05B JPY. Revenue FY2023 252.86B JPY. Revenue FY2024 270.97B JPY. Revenue FY2025 272.47B JPY. Operating income FY2021 14.07B JPY. Operating income FY2022 10.29B JPY. Operating income FY2023 15.91B JPY. Operating income FY2024 16.04B JPY. Operating income FY2025 21.42B JPY. Net income FY2021 8.28B JPY. Net income FY2022 −5.55B JPY. Net income FY2023 9.35B JPY. Net income FY2024 10.76B JPY. Net income FY2025 17.81B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue272.47B JPY270.97B JPY252.86B JPY232.05B JPY219.62B JPY
Cost of goods sold224.02B JPY230.49B JPY215.45B JPY199.73B JPY184.71B JPY
Gross profit48.45B JPY40.48B JPY37.42B JPY32.32B JPY34.9B JPY
Selling, general, and administrative27.03B JPY24.43B JPY21.51B JPY22.03B JPY20.83B JPY
Operating expenses27.03B JPY24.43B JPY21.51B JPY22.03B JPY20.83B JPY
Interest income77M JPY71M JPY35M JPY51M JPY109M JPY
Interest expense1.76B JPY1.88B JPY1.95B JPY2.13B JPY2.11B JPY
Depreciation and amortization11.09B JPY10.74B JPY10.46B JPY10.2B JPY9.28B JPY
Operating income21.42B JPY16.04B JPY15.91B JPY10.29B JPY14.07B JPY
Net income17.81B JPY10.76B JPY9.35B JPY−5.55B JPY8.28B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 0 misses, 1 met estimate
Average EPS surprise
0.00%
1 comparable report
Latest EPS result
46.94

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates79.3155.7632.28.64Q4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25MetQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 29, 2024: actual 10.17, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 3, 2025: actual 34.29, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 50.68, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 22.16, estimate 22.16, surprise 0.00%, Met estimate. Q4 2025, reported Oct 28, 2025: actual 55.59, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 2, 2026: actual 39.93, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 28, 2026: actual 74.19, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 29, 2026: actual 46.94, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates83.58B75.03B66.49B57.94BQ1 '25No estimateQ2 '25No estimateQ3 '25MetQ4 '25No estimateQ1 '26MissQ2 '26BeatQ3 '26No estimateQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 71.47B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 72.65B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 61.16B JPY, estimate 61.16B JPY, surprise 0.00%, Met estimate. Q4 2025, reported Oct 28, 2025: actual 63.56B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 2, 2026: actual 67.39B JPY, estimate 68.79B JPY, surprise -2.03%, Miss. Q2 2026, reported Apr 28, 2026: actual 80.37B JPY, estimate 71.9B JPY, surprise +11.78%, Beat. Q3 2026, reported Jul 29, 2026: actual 61.4B JPY, estimate —, surprise —, Comparison unavailable. Q4 2026, reported Oct 23, 2026: actual —, estimate 64.11B JPY, surprise —, Comparison unavailable.

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