Tenox Corporation

Tenox Corporation

1905.T
Tenox CorporationJP flagTokyo Stock Exchange
1,528.00
JPY
-9.00
- -
10.19BMarket Cap
Tenox Corporation
1905.T
(Tokyo Stock Exchange)

Recent

price

1,528.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
2,466.03
2,642.95
2,973.44
3,197.39
3,252.29
2,870.19
2,627.84
2,935.8
2,994.33
2,733.61
2,339.93
2,212.49
2,780.91
3,087.88
3,585.72
- -
1,596.97
Revenue per Share
-110.3
-49.17
74.71
77.24
124.98
181.98
127.83
75.25
92.26
113.09
25.49
53.43
73.3
59.3
113.29
- -
29.31
Basic EPS, GAAP
-103.06
-86.01
74.02
332
7.69
187.42
62.11
217.94
-93.58
279.1
-65.02
240.13
93.54
-96.59
326.96
- -
- -
Free Cash Flow per Basic Share
10.22
7.99
7.95
9.93
15.98
21.91
29.28
29.39
30.55
31.5
28.59
24.6
27.89
42.99
41.05
- -
- -
Dividend per Share
845.04
787.86
849.79
906.22
996.8
1,156.2
996.75
1,284.44
1,350.84
1,457.97
1,456.11
1,506.81
1,562.54
1,588.73
1,643.91
- -
1,609.83
Book Value per Share
1,158.35
1,095.12
1,154.75
1,288.84
1,408.06
1,487.2
1,582.6
1,630.98
1,672.62
1,789.36
1,789.06
1,830.68
1,884.05
1,923.17
1,979.97
- -
1,942.38
Tangible Book Value per Share
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
- -
7
Basic Weighted Avg Shares
16,448
17,628
19,830
21,602
22,428
19,830
18,227
20,442
20,775
18,583
15,907
14,817
18,318
20,207
23,717
21,093
10,477
Sales/Revenue/Turnover
-4.86
-1.65
2.75
6.09
6.87
9.9
5.83
3.67
4.59
6.13
1.94
3.15
3.57
2.58
4.7
6.11
2.92
Operating Margin (%)
693
578
458
395
497
359
449
453
517
565
513
470
435
479
545
602
- -
Depreciation Expense
-736
-328
498
522
862
1,257
887
524
640
769
173
358
483
388
749
939
192
Net Income, GAAP
- -
- -
9.41
35.22
33.42
34.17
25.82
28.63
34.07
34.51
38.03
32.78
33.34
35.14
33.67
29.68
36.36
Effective Tax Rate (%)
-4.47
-1.86
2.51
2.42
3.84
6.34
4.86
2.56
3.08
4.14
1.09
2.41
2.64
1.92
3.16
4.45
1.84
Profit Margin (%)
6,130
6,345
7,114
7,346
7,946
8,255
9,065
9,056
9,427
10,036
10,045
10,155
9,963
9,543
9,990
7,757
9,597
Working Capital
575
784
809
559
538
18
- -
- -
- -
8
199
31
18
7
136
156
- -
LT Debt
7,752
7,330
7,825
8,822
9,815
10,339
11,022
11,393
11,637
12,196
12,216
12,300
12,467
12,690
13,291
13,937
12,881
Total Equity
- -
- -
5.46
8.81
9.73
11.78
7.18
4.69
5.36
6.14
1.52
2.51
3.45
2.66
5.57
6.42
1.51
Return on Invested Capital (%)
- -
- -
6.27
1.8
8.01
15.06
11.35
6.3
6.5
7.53
1.49
3.46
4.54
3.6
6.76
8
1.54
Return on Capital (%)
-12.19
-6.02
9.12
8.85
13.26
16.92
11.9
6.61
6.99
7.97
1.75
3.58
4.74
3.75
7.05
8.42
1.84
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
14
- -
10
LT Borrowings
- -
- -
- -
LT Finance Leases
7
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
- -
7
Market Capitalization
7,653
8,267
7,466

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
15,285
- -
15,958
Cash, Cash Equivalents & STI
8,368
- -
9,397
Accounts Receivable, Net
3,128
- -
3,693
Inventories
1,000
- -
763
Total Current Liabilities
5,743
- -
6,361
Payables & Accruals
- -
- -
- -
ST Debt
14
- -
10
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.05%
2.69%
4.86%
Free Cash Flow
-171.09%
-247.63%
-67.87%
Net Income, GAAP
13.47%
48.05%
25.36%
Sales/Revenue/Turnover
1.41%
6.68%
-11.06%
Total Cash Common Dividend
11.47%
16.88%
38.46%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,679
5,051
5,341
5,136
20,207
2025
- -
- -
- -
- -
23,717
2026
- -
- -
- -
- -
21,093

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34.19
- -
- -
- -
59.3
2025
- -
- -
- -
- -
113.29
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
42.99
2025
- -
- -
- -
- -
41.05
2026
- -
- -
- -
- -
- -
Business
Tenox Corporation (1905.T), founded on July 8, 1970 and headquartered at Hulic Mita Bldg., 5-25-11 Shiba, Minato-ku, Tokyo 108-8380, Japan, specializes in foundation construction works for civil engineering and building projects; it provides pile driving construction contracting, ground improvement construction contracting, sales of concrete piles and steel pipe piles, construction equipment rental, civil engineering and construction consulting services, and real estate leasing. The company operates primarily in Japan through sales offices and equipment centers across regions including Tohoku, Hokuriku, Chubu, Kansai, Chugoku-Shikoku, Kyushu, and Hokkaido, with overseas foundation construction activities conducted via subsidiary TENOX ASIA COMPANY LIMITED in Vietnam; affiliated entities such as Tenox Giken Co., Ltd. support foundation construction contracting and equipment rentals, while Hiroshimagumi Co., Ltd., OHMISHIMA BUSSAN CO., Ltd., and the Integrated Geotechnology Institute Limited handle additional construction, mediation, and consulting services. Core proprietary methods include the patented Tenocolumn deep mixing method for ground improvement and load-bearing foundations, CMJ method for concrete piles, TN and TN-X methods for steel pipe piles, ATTcolumn, Pure Pile methods, and Gantetsu Pile; the company holds licenses for scaffolding, earthwork, civil engineering, paving, and landscaping from the Minister of Land, Infrastructure, Transport and Tourism. Recent developments feature the launch of the CP-X construction method in the last fiscal year to reduce residual soil in concrete pile works, ongoing research into soil liquefaction control and low-CO2 emission techniques including the world's first electric small pile driver, relocation of the head office to promote sustainable growth and new working styles as announced in October 2025, and transition to the Tokyo Stock Exchange Standard Market in April 2022 following the acquisition of Ohmishima Bussan Co., Ltd.; consolidated net sales exceeded ¥23.7 billion for the fiscal year ended March 31, 2025, with 369 employees.