View ValuationNippon Kayaku 将来の成長Future 基準チェック /06Nippon Kayakuの収益は年間6.8%で減少すると予測されていますが、年間収益は年間3%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に8.2% 1.5%なると予測されています。主要情報-6.8%収益成長率-1.52%EPS成長率Chemicals 収益成長43.5%収益成長率3.0%将来の株主資本利益率8.20%アナリストカバレッジLow最終更新日10 Feb 2026今後の成長に関する最新情報お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2025. For the year, the company now expects net sales of JPY 223,700 million, operating income of JPY 21,100 million, profit attributable to owners of parent of JPY 17,900 million and profit attributable to owners of parent per share of JPY 109.58 against previous guidance of net sales of JPY 220,300 million, operating income of JPY 19,300 million, profit attributable to owners of parent of JPY 15,300 million and profit attributable to owners of parent per share of JPY 93.68.お知らせ • Nov 01Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 202,300 million, operating income of JPY 6,000 million, profit attributable to owners of parent of JPY 5,800 million and profit attributable to owners of parent per share of JPY 34.98 compared to previously expected net sales of JPY 202,300 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 10,500 million and profit attributable to owners of parent per share of JPY 63.34.お知らせ • Oct 31Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2023Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the six months ended September 30, 2023. For the period, the company expects revised net sales of JPY 97,900 million, operating income of JPY 4,800 million, profit attributable to owners of parent of JPY 6,100 million and profit attributable to owners of parent per share of JPY 36.79 compared to previously expected net sales of JPY 97,100 million, operating income of JPY 5,300 million, profit attributable to owners of parent of JPY 4,400 million and profit attributable to owners of parent per share of JPY 26.54.お知らせ • Aug 04Nippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. For the first half, The company expects net sales to be JPY 97,100 million, Operating profit to be JPY 5,300 million, profit attributable to owners of parent to be JPY 4,400 million or JPY 26.54 per share.For the full year, The company expects net sales to be JPY 202,300 million, Operating profit to be JPY 13,000 million, profit attributable to owners of parent to be JPY 10,500 million or JPY 63.34 per share.お知らせ • Nov 12+ 3 more updatesNippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the full year, the company expects net sales to be JPY 210,000 million. Operating income to be JPY 23,800 million. Profit attributable to owners of parent to be JPY 19,400 million. Profit attributable to owners of parent per share to be JPY 115.31.お知らせ • Aug 06Nippon Kayaku Co., Ltd. Revises Earnings Guidance for the First Half and Full Year Ending March 31, 2022Nippon Kayaku Co., Ltd. revises earnings guidance for the first half and full year ending March 31, 2022. For the first half, the company now expects Net sales of JPY 91,300 million, Operating income of JPY 9,800 million and Profit attributable to owners of parent of JPY 8,000 million or JPY 46.91 per share against previous forecast of Net sales of JPY 84,500 million, Operating income of JPY 5,300 million and Profit attributable to owners of parent of JPY 4,500 million or JPY 26.35 per share. For the full year, the company now expects Net sales of JPY 184,800 million, Operating income of JPY 17,400 million and Profit attributable to owners of parent of JPY 14,000 million or JPY 82.10 per share against previous forecast of Net sales of JPY 176,000 million, Operating income of JPY 12,400 million and Profit attributable to owners of parent of JPY 10,100 million or JPY 59.14 per share.すべての更新を表示Recent updatesBoard Change • May 21Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Outside Director Yasuyuki Fujishima is the most experienced director on the board, commencing their role in 2016. Independent Outside Director Mitsuhiro Tsubakimoto was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 13,000,000 shares, representing 8.75% for ¥15,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and increase corporate value in accordance with Measures for Delivering Management with an Awareness of the Cost of Capital and Stock Prices. The program will continue through March 31, 2027. As of March 31, 2026, the company had 148,502,884 issued shares (excluding treasury stock) and 11,497,116 treasury shares.お知らせ • May 13+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2027 Results on Nov 10, 2026Nippon Kayaku Co., Ltd. announced that they will report Q2, 2027 results on Nov 10, 2026お知らせ • May 12Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • Mar 26Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. Denka Company Limited intends to launch a Squeeze-Out Procedures, if it acquires the minimum tender shares (1,990,000 shares) and fails to acquire all of the KAINOS Laboratories, Inc's Shares (excluding the Shares Agreed Not to Be Tendered and treasury shares). The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders on March 25, 2026. Upon closing of the offer period, 3,223,919 shares were tendered. Since it is more than the minimum number of shares to be purchased (1,990,000 shares), Denka Company Limited will purchase all of the Tendered Share Certificates and intends to implement a series of procedures for the purpose of making the Tender Offeror the sole shareholder of KAINOS Laboratories, Inc. As of today, the KAINOS Laboratories, Inc's Shares are listed on the Standard Market of the Tokyo Stock Exchange. If the procedures are implemented, the KAINOS Laboratories, Inc's Shares will be delisted pursuant to the prescribed procedures, in accordance with the criteria for delisting of Tokyo Stock Exchange. KAINOS Laboratories, Inc's Shares, after being delisted, will no longer be traded on the Standard Market of the Tokyo Stock Exchange.お知らせ • Feb 09Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc.お知らせ • Nov 12Nippon Kayaku Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026お知らせ • May 14+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2026 Results on Feb 02, 2026Nippon Kayaku Co., Ltd. announced that they will report Q3, 2026 results on Feb 02, 2026お知らせ • May 13Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025.お知らせ • Mar 28+ 1 more updateNippon Kayaku Co., Ltd. Announces Retirement of Atsuhiro Wakumoto as President, Effective June 26, 2025Nippon Kayaku Co., Ltd. announced at its Board of Directors meeting held on March 28, 2025, change in the Board of Directors and Executives: Retiring: Atsuhiro Wakumoto as President. Schedule for Changes: June 26, 2025 at AGM.お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2025. For the year, the company now expects net sales of JPY 223,700 million, operating income of JPY 21,100 million, profit attributable to owners of parent of JPY 17,900 million and profit attributable to owners of parent per share of JPY 109.58 against previous guidance of net sales of JPY 220,300 million, operating income of JPY 19,300 million, profit attributable to owners of parent of JPY 15,300 million and profit attributable to owners of parent per share of JPY 93.68.お知らせ • Nov 19Nippon Kayaku Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥14.66 (vs JP¥20.69 in 2Q 2024)Second quarter 2025 results: EPS: JP¥14.66 (down from JP¥20.69 in 2Q 2024). Revenue: JP¥55.5b (up 12% from 2Q 2024). Net income: JP¥2.41b (down 30% from 2Q 2024). Profit margin: 4.3% (down from 7.0% in 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Nov 11Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 6,500,000 shares, representing 3.97% for ¥7,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 3.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through May 30, 2025. As of September 30, 2024, the company had 163,585,231 issued shares (excluding treasury stock) and 6,918,339 treasury shares.Upcoming Dividend • Sep 20Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥21.52 (vs JP¥16.05 in 1Q 2024)First quarter 2025 results: EPS: JP¥21.52 (up from JP¥16.05 in 1Q 2024). Revenue: JP¥53.6b (up 10% from 1Q 2024). Net income: JP¥3.57b (up 34% from 1Q 2024). Profit margin: 6.6% (up from 5.5% in 1Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Chemicals industry in Germany. Total returns to shareholders of 2.4% over the past three years.Buy Or Sell Opportunity • Aug 01Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to €8.55. The fair value is estimated to be €6.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.Declared Dividend • Jul 11Final dividend of JP¥22.50 announcedShareholders will receive a dividend of JP¥22.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 319%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (306% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 240% to bring the payout ratio under control. EPS is expected to grow by 146% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • May 18+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024お知らせ • May 16+ 2 more updatesNippon Kayaku Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024Nippon Kayaku Co., Ltd. announced year end dividend of JPY 22.50 per share for the Fiscal Year Ended March 31, 2024 compared to JPY 25.00 per share paid a year ago. Scheduled date for start of dividend payments: June 27, 2024.お知らせ • May 15Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024.お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 2,800,000 shares, representing 1.69% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through September 30, 2024. As of March 31, 2024, the company had 165,870,785 issued shares (excluding treasury stock) and 4,632,785 treasury shares.お知らせ • Mar 28Nippon Kayaku Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).New Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Cash payout ratio: 146% Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Feb 07+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal ending March 31, 2024. For the full year, the company expects to pay a dividend of ¥22.50 against ¥25 paid last year.Reported Earnings • Feb 02Third quarter 2024 earnings released: JP¥19.67 loss per share (vs JP¥23.57 profit in 3Q 2023)Third quarter 2024 results: JP¥19.67 loss per share (down from JP¥23.57 profit in 3Q 2023). Revenue: JP¥51.8b (up 1.9% from 3Q 2023). Net loss: JP¥3.26b (down 182% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Nov 10Nippon Kayaku Co., Ltd. Announces Dividend for the Second Quarter of the Year Ending March 31, 2024, Payable on December 1, 2023Nippon Kayaku Co., Ltd. announced dividend for the second quarter of the year ending March 31, 2024. For the second quarter, the company expects to pay JPY 22.50 against JPY 20.00 reported a year ago. Scheduled date for start of dividend payments is December 1, 2023.Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: JP¥20.69 (vs JP¥31.63 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.69 (down from JP¥31.63 in 2Q 2023). Revenue: JP¥49.3b (down 9.4% from 2Q 2023). Net income: JP¥3.43b (down 36% from 2Q 2023). Profit margin: 7.0% (down from 9.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.お知らせ • Nov 01Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 202,300 million, operating income of JPY 6,000 million, profit attributable to owners of parent of JPY 5,800 million and profit attributable to owners of parent per share of JPY 34.98 compared to previously expected net sales of JPY 202,300 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 10,500 million and profit attributable to owners of parent per share of JPY 63.34.お知らせ • Oct 31Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2023Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the six months ended September 30, 2023. For the period, the company expects revised net sales of JPY 97,900 million, operating income of JPY 4,800 million, profit attributable to owners of parent of JPY 6,100 million and profit attributable to owners of parent per share of JPY 36.79 compared to previously expected net sales of JPY 97,100 million, operating income of JPY 5,300 million, profit attributable to owners of parent of JPY 4,400 million and profit attributable to owners of parent per share of JPY 26.54.Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).お知らせ • Aug 04Nippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. For the first half, The company expects net sales to be JPY 97,100 million, Operating profit to be JPY 5,300 million, profit attributable to owners of parent to be JPY 4,400 million or JPY 26.54 per share.For the full year, The company expects net sales to be JPY 202,300 million, Operating profit to be JPY 13,000 million, profit attributable to owners of parent to be JPY 10,500 million or JPY 63.34 per share.New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.9% Last year net profit margin: 9.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Profit margins are more than 30% lower than last year (5.9% net profit margin).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥16.05 (vs JP¥35.41 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.05 (down from JP¥35.41 in 1Q 2023). Revenue: JP¥48.6b (flat on 1Q 2023). Net income: JP¥2.66b (down 55% from 1Q 2023). Profit margin: 5.5% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • May 22+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • May 21Full year 2023 earnings released: EPS: JP¥89.36 (vs JP¥102 in FY 2022)Full year 2023 results: EPS: JP¥89.36 (down from JP¥102 in FY 2022). Revenue: JP¥198.4b (up 7.3% from FY 2022). Net income: JP¥15.0b (down 13% from FY 2022). Profit margin: 7.6% (down from 9.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the end of year, company expects dividend of JPY 20.00 per share compared to JPY 25.00 per share a year ago.Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥23.57 (vs JP¥28.85 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.57 (down from JP¥28.85 in 3Q 2022). Revenue: JP¥50.9b (up 3.3% from 3Q 2022). Net income: JP¥3.96b (down 18% from 3Q 2022). Profit margin: 7.8% (down from 9.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥31.63 (vs JP¥23.17 in 2Q 2022)Second quarter 2023 results: EPS: JP¥31.63 (up from JP¥23.17 in 2Q 2022). Revenue: JP¥54.4b (up 28% from 2Q 2022). Net income: JP¥5.32b (up 36% from 2Q 2022). Profit margin: 9.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Seiichi Fusamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 12+ 3 more updatesNippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the full year, the company expects net sales to be JPY 210,000 million. Operating income to be JPY 23,800 million. Profit attributable to owners of parent to be JPY 19,400 million. Profit attributable to owners of parent per share to be JPY 115.31.お知らせ • Nov 11Nippon Kayaku Co., Ltd. to Report Fiscal Year 2023 Results on May 15, 2023Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2023 results on May 15, 2023Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥31.63 (vs JP¥23.17 in 2Q 2022)Second quarter 2023 results: EPS: JP¥31.63 (up from JP¥23.17 in 2Q 2022). Revenue: JP¥54.4b (up 28% from 2Q 2022). Net income: JP¥5.32b (up 36% from 2Q 2022). Profit margin: 9.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Nov 08Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 3,000,000 shares, representing 1.78% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 1.78% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. The program will continue through March 31, 2023. As of September 30, 2022, the company had 168,338,545 issued shares (excluding treasury stock) and 2,165,025 treasury shares.Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).お知らせ • Aug 04+ 2 more updatesNippon Kayaku Co., Ltd. Provides Dividend Guidance for the End of Second Quarter of Fiscal Year 2023Nippon Kayaku Co., Ltd. expected to pay the dividend of JPY 20.00 per share for the end of second quarter of fiscal year 2023 against JPY 15.00 per share paid a year ago.Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥35.41 (vs JP¥31.05 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.41 (up from JP¥31.05 in 1Q 2022). Revenue: JP¥48.3b (up 4.0% from 1Q 2022). Net income: JP¥5.96b (up 13% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • May 27+ 2 more updatesNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided dividend guidance to be JPY 20.00 per share for the year ending March 31, 2023 against JPY 25.00 per share paid a year ago.お知らせ • May 17+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022Nippon Kayaku Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥102 (vs JP¥73.62 in FY 2021)Full year 2022 results: EPS: JP¥102 (up from JP¥73.62 in FY 2021). Revenue: JP¥184.8b (up 6.6% from FY 2021). Net income: JP¥17.2b (up 37% from FY 2021). Profit margin: 9.3% (up from 7.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Seiichi Fusamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%).お知らせ • Feb 02+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2022Nippon Kayaku Co., Ltd. provided dividend guidance of JPY 22 per share for the year ending March 31, 2022 against JPY 15 per share paid a year ago.Reported Earnings • Jan 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥28.84 (up from JP¥23.94 in 3Q 2021). Revenue: JP¥49.3b (up 9.1% from 3Q 2021). Net income: JP¥4.85b (up 19% from 3Q 2021). Profit margin: 9.9% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥23.17 (vs JP¥18.36 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥42.4b (down 3.0% from 2Q 2021). Net income: JP¥3.91b (up 25% from 2Q 2021). Profit margin: 9.2% (up from 7.2% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).お知らせ • Aug 06Nippon Kayaku Co., Ltd. Revises Earnings Guidance for the First Half and Full Year Ending March 31, 2022Nippon Kayaku Co., Ltd. revises earnings guidance for the first half and full year ending March 31, 2022. For the first half, the company now expects Net sales of JPY 91,300 million, Operating income of JPY 9,800 million and Profit attributable to owners of parent of JPY 8,000 million or JPY 46.91 per share against previous forecast of Net sales of JPY 84,500 million, Operating income of JPY 5,300 million and Profit attributable to owners of parent of JPY 4,500 million or JPY 26.35 per share. For the full year, the company now expects Net sales of JPY 184,800 million, Operating income of JPY 17,400 million and Profit attributable to owners of parent of JPY 14,000 million or JPY 82.10 per share against previous forecast of Net sales of JPY 176,000 million, Operating income of JPY 12,400 million and Profit attributable to owners of parent of JPY 10,100 million or JPY 59.14 per share.Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥31.05 (vs JP¥10.24 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥46.4b (up 26% from 1Q 2021). Net income: JP¥5.30b (up 203% from 1Q 2021). Profit margin: 11% (up from 4.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥9.90, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 23x in the Chemicals industry in Germany. Total returns to shareholders of 11% over the past three years.お知らせ • May 22Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 3,100,000 shares, representing 1.82% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 3,100,000 shares, representing 1.82% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. The program will continue through September 30, 2021. As of March 31, 2021, the company had 170,792,920 issued shares (excluding treasury stock) and 6,704,735 treasury shares.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥73.62 (vs JP¥74.25 in FY 2020)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥173.4b (down 1.0% from FY 2020). Net income: JP¥12.6b (down 1.9% from FY 2020). Profit margin: 7.3% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year.Upcoming Dividend • Mar 24Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).Is New 90 Day High Low • Mar 10New 90-day high: €8.20The company is up 10.0% from its price of €7.45 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.お知らせ • Feb 26Nippon Kayaku Co., Ltd. (TSE:4272) signed an agreement to acquire Teikoku Taping System Co., Ltd.Nippon Kayaku Co., Ltd. (TSE:4272) signed an agreement to acquire Teikoku Taping System Co., Ltd. on February 5, 2021. The transaction is expected to close in April 2021.お知らせ • Feb 03Nippon Kayaku Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021Nippon Kayaku Co., Ltd. revised earnings guidance for the year ending March 31, 2021. For the year, the company now expected net sale of JPY 171,700 million, Operating income of 14,900 million and Profit attributable to owners of parent was JPY 12,000 million or JPY 70.26 per share against previous guidance of net sale of JPY 164,000 million, Operating income of 12,000 million and Profit attributable to owners of parent was JPY 10,000 million or JPY 58.55 per share.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥23.94 (vs JP¥28.74 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥45.1b (down 2.3% from 3Q 2020). Net income: JP¥4.09b (down 18% from 3Q 2020). Profit margin: 9.1% (down from 11% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.Is New 90 Day High Low • Jan 26New 90-day high: €8.10The company is up 8.0% from its price of €7.50 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 21% over the same period.Is New 90 Day High Low • Dec 30New 90-day high: €7.85The company is up 3.0% from its price of €7.60 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 19% over the same period.お知らせ • Nov 18+ 1 more updateNippon Kayaku Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021業績と収益の成長予測DB:NP7 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2028257,00021,700N/A35,13113/31/2027247,00018,400N/A32,21313/31/2026241,85124,6413,92028,784N/A12/31/2025229,22721,519N/AN/AN/A9/30/2025227,05023,2231,52429,044N/A6/30/2025223,69718,234N/AN/AN/A3/31/2025222,58417,508-4,86925,530N/A12/31/2024219,99314,596N/AN/AN/A9/30/2024212,9923,9953,75727,493N/A6/30/2024206,8525,018N/AN/AN/A3/31/2024201,7914,1137,77823,242N/A12/31/2023194,5062,572N/AN/AN/A9/30/2023193,5609,7955,41018,527N/A6/30/2023198,66811,688N/AN/AN/A3/31/2023198,38014,9847,48920,039N/A12/31/2022200,33718,364N/AN/AN/A9/30/2022198,69319,2579,38320,792N/A6/30/2022186,65417,843N/AN/AN/A3/31/2022184,80517,18114,03323,141N/A12/31/2021185,82117,661N/AN/AN/A9/30/2021181,70316,89616,05126,913N/A6/30/2021183,00316,121N/AN/AN/A3/31/2021173,38112,57411,22124,408N/A12/31/2020168,95310,484N/AN/AN/A9/30/2020170,03311,36110,32323,414N/A6/30/2020169,05511,441N/AN/AN/A3/31/2020175,12312,81511,19227,281N/A12/31/2019175,56315,573N/AN/AN/A9/30/2019173,38813,742N/A28,084N/A6/30/2019173,04213,532N/AN/AN/A3/31/2019172,63914,851N/A26,803N/A12/31/2018171,99013,083N/AN/AN/A9/30/2018170,42114,338N/A25,459N/A6/30/2018169,49815,386N/AN/AN/A3/31/2018167,88815,472N/A20,121N/A12/31/2017166,03117,752N/AN/AN/A9/30/2017164,56619,040N/A25,262N/A6/30/2017161,01117,762N/AN/AN/A3/31/2017159,11715,635N/A31,390N/A12/31/2016159,59211,382N/AN/AN/A9/30/2016159,57015,843N/A25,408N/A6/30/2016162,06214,981N/AN/AN/A3/31/2016162,92217,291N/A19,603N/A12/31/2015164,62620,012N/AN/AN/A9/30/2015164,03114,319N/A21,062N/A6/30/2015162,34916,551N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: NP7の収益は今後 3 年間で減少すると予測されています (年間-6.8% )。収益対市場: NP7の収益は今後 3 年間で減少すると予測されています (年間-6.8% )。高成長収益: NP7の収益は今後 3 年間で減少すると予測されています。収益対市場: NP7の収益 ( 3% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: NP7の収益 ( 3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: NP7の 自己資本利益率 は、3年後には低くなると予測されています ( 8.2 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 13:05終値2026/05/22 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nippon Kayaku Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Joshua BennisonCLSAKatsuhiko IshibashiIchiyoshi Research Institute Inc.Naoya MiuraMizuho Securities Co., Ltd.4 その他のアナリストを表示
お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2025. For the year, the company now expects net sales of JPY 223,700 million, operating income of JPY 21,100 million, profit attributable to owners of parent of JPY 17,900 million and profit attributable to owners of parent per share of JPY 109.58 against previous guidance of net sales of JPY 220,300 million, operating income of JPY 19,300 million, profit attributable to owners of parent of JPY 15,300 million and profit attributable to owners of parent per share of JPY 93.68.
お知らせ • Nov 01Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 202,300 million, operating income of JPY 6,000 million, profit attributable to owners of parent of JPY 5,800 million and profit attributable to owners of parent per share of JPY 34.98 compared to previously expected net sales of JPY 202,300 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 10,500 million and profit attributable to owners of parent per share of JPY 63.34.
お知らせ • Oct 31Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2023Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the six months ended September 30, 2023. For the period, the company expects revised net sales of JPY 97,900 million, operating income of JPY 4,800 million, profit attributable to owners of parent of JPY 6,100 million and profit attributable to owners of parent per share of JPY 36.79 compared to previously expected net sales of JPY 97,100 million, operating income of JPY 5,300 million, profit attributable to owners of parent of JPY 4,400 million and profit attributable to owners of parent per share of JPY 26.54.
お知らせ • Aug 04Nippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. For the first half, The company expects net sales to be JPY 97,100 million, Operating profit to be JPY 5,300 million, profit attributable to owners of parent to be JPY 4,400 million or JPY 26.54 per share.For the full year, The company expects net sales to be JPY 202,300 million, Operating profit to be JPY 13,000 million, profit attributable to owners of parent to be JPY 10,500 million or JPY 63.34 per share.
お知らせ • Nov 12+ 3 more updatesNippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the full year, the company expects net sales to be JPY 210,000 million. Operating income to be JPY 23,800 million. Profit attributable to owners of parent to be JPY 19,400 million. Profit attributable to owners of parent per share to be JPY 115.31.
お知らせ • Aug 06Nippon Kayaku Co., Ltd. Revises Earnings Guidance for the First Half and Full Year Ending March 31, 2022Nippon Kayaku Co., Ltd. revises earnings guidance for the first half and full year ending March 31, 2022. For the first half, the company now expects Net sales of JPY 91,300 million, Operating income of JPY 9,800 million and Profit attributable to owners of parent of JPY 8,000 million or JPY 46.91 per share against previous forecast of Net sales of JPY 84,500 million, Operating income of JPY 5,300 million and Profit attributable to owners of parent of JPY 4,500 million or JPY 26.35 per share. For the full year, the company now expects Net sales of JPY 184,800 million, Operating income of JPY 17,400 million and Profit attributable to owners of parent of JPY 14,000 million or JPY 82.10 per share against previous forecast of Net sales of JPY 176,000 million, Operating income of JPY 12,400 million and Profit attributable to owners of parent of JPY 10,100 million or JPY 59.14 per share.
Board Change • May 21Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Outside Director Yasuyuki Fujishima is the most experienced director on the board, commencing their role in 2016. Independent Outside Director Mitsuhiro Tsubakimoto was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 13,000,000 shares, representing 8.75% for ¥15,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and increase corporate value in accordance with Measures for Delivering Management with an Awareness of the Cost of Capital and Stock Prices. The program will continue through March 31, 2027. As of March 31, 2026, the company had 148,502,884 issued shares (excluding treasury stock) and 11,497,116 treasury shares.
お知らせ • May 13+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2027 Results on Nov 10, 2026Nippon Kayaku Co., Ltd. announced that they will report Q2, 2027 results on Nov 10, 2026
お知らせ • May 12Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • Mar 26Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. Denka Company Limited intends to launch a Squeeze-Out Procedures, if it acquires the minimum tender shares (1,990,000 shares) and fails to acquire all of the KAINOS Laboratories, Inc's Shares (excluding the Shares Agreed Not to Be Tendered and treasury shares). The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders on March 25, 2026. Upon closing of the offer period, 3,223,919 shares were tendered. Since it is more than the minimum number of shares to be purchased (1,990,000 shares), Denka Company Limited will purchase all of the Tendered Share Certificates and intends to implement a series of procedures for the purpose of making the Tender Offeror the sole shareholder of KAINOS Laboratories, Inc. As of today, the KAINOS Laboratories, Inc's Shares are listed on the Standard Market of the Tokyo Stock Exchange. If the procedures are implemented, the KAINOS Laboratories, Inc's Shares will be delisted pursuant to the prescribed procedures, in accordance with the criteria for delisting of Tokyo Stock Exchange. KAINOS Laboratories, Inc's Shares, after being delisted, will no longer be traded on the Standard Market of the Tokyo Stock Exchange.
お知らせ • Feb 09Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc.
お知らせ • Nov 12Nippon Kayaku Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026
お知らせ • May 14+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2026 Results on Feb 02, 2026Nippon Kayaku Co., Ltd. announced that they will report Q3, 2026 results on Feb 02, 2026
お知らせ • May 13Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 28+ 1 more updateNippon Kayaku Co., Ltd. Announces Retirement of Atsuhiro Wakumoto as President, Effective June 26, 2025Nippon Kayaku Co., Ltd. announced at its Board of Directors meeting held on March 28, 2025, change in the Board of Directors and Executives: Retiring: Atsuhiro Wakumoto as President. Schedule for Changes: June 26, 2025 at AGM.
お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2025. For the year, the company now expects net sales of JPY 223,700 million, operating income of JPY 21,100 million, profit attributable to owners of parent of JPY 17,900 million and profit attributable to owners of parent per share of JPY 109.58 against previous guidance of net sales of JPY 220,300 million, operating income of JPY 19,300 million, profit attributable to owners of parent of JPY 15,300 million and profit attributable to owners of parent per share of JPY 93.68.
お知らせ • Nov 19Nippon Kayaku Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥14.66 (vs JP¥20.69 in 2Q 2024)Second quarter 2025 results: EPS: JP¥14.66 (down from JP¥20.69 in 2Q 2024). Revenue: JP¥55.5b (up 12% from 2Q 2024). Net income: JP¥2.41b (down 30% from 2Q 2024). Profit margin: 4.3% (down from 7.0% in 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 11Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 6,500,000 shares, representing 3.97% for ¥7,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 3.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through May 30, 2025. As of September 30, 2024, the company had 163,585,231 issued shares (excluding treasury stock) and 6,918,339 treasury shares.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.0%).
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥21.52 (vs JP¥16.05 in 1Q 2024)First quarter 2025 results: EPS: JP¥21.52 (up from JP¥16.05 in 1Q 2024). Revenue: JP¥53.6b (up 10% from 1Q 2024). Net income: JP¥3.57b (up 34% from 1Q 2024). Profit margin: 6.6% (up from 5.5% in 1Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €8.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Chemicals industry in Germany. Total returns to shareholders of 2.4% over the past three years.
Buy Or Sell Opportunity • Aug 01Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to €8.55. The fair value is estimated to be €6.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.
Declared Dividend • Jul 11Final dividend of JP¥22.50 announcedShareholders will receive a dividend of JP¥22.50. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 319%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (306% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 240% to bring the payout ratio under control. EPS is expected to grow by 146% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • May 18+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
お知らせ • May 16+ 2 more updatesNippon Kayaku Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024Nippon Kayaku Co., Ltd. announced year end dividend of JPY 22.50 per share for the Fiscal Year Ended March 31, 2024 compared to JPY 25.00 per share paid a year ago. Scheduled date for start of dividend payments: June 27, 2024.
お知らせ • May 15Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024.
お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 2,800,000 shares, representing 1.69% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through September 30, 2024. As of March 31, 2024, the company had 165,870,785 issued shares (excluding treasury stock) and 4,632,785 treasury shares.
お知らせ • Mar 28Nippon Kayaku Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).
New Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Cash payout ratio: 146% Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Feb 07+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal ending March 31, 2024. For the full year, the company expects to pay a dividend of ¥22.50 against ¥25 paid last year.
Reported Earnings • Feb 02Third quarter 2024 earnings released: JP¥19.67 loss per share (vs JP¥23.57 profit in 3Q 2023)Third quarter 2024 results: JP¥19.67 loss per share (down from JP¥23.57 profit in 3Q 2023). Revenue: JP¥51.8b (up 1.9% from 3Q 2023). Net loss: JP¥3.26b (down 182% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 10Nippon Kayaku Co., Ltd. Announces Dividend for the Second Quarter of the Year Ending March 31, 2024, Payable on December 1, 2023Nippon Kayaku Co., Ltd. announced dividend for the second quarter of the year ending March 31, 2024. For the second quarter, the company expects to pay JPY 22.50 against JPY 20.00 reported a year ago. Scheduled date for start of dividend payments is December 1, 2023.
Reported Earnings • Nov 09Second quarter 2024 earnings released: EPS: JP¥20.69 (vs JP¥31.63 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.69 (down from JP¥31.63 in 2Q 2023). Revenue: JP¥49.3b (down 9.4% from 2Q 2023). Net income: JP¥3.43b (down 36% from 2Q 2023). Profit margin: 7.0% (down from 9.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Nov 01Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 202,300 million, operating income of JPY 6,000 million, profit attributable to owners of parent of JPY 5,800 million and profit attributable to owners of parent per share of JPY 34.98 compared to previously expected net sales of JPY 202,300 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 10,500 million and profit attributable to owners of parent per share of JPY 63.34.
お知らせ • Oct 31Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2023Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the six months ended September 30, 2023. For the period, the company expects revised net sales of JPY 97,900 million, operating income of JPY 4,800 million, profit attributable to owners of parent of JPY 6,100 million and profit attributable to owners of parent per share of JPY 36.79 compared to previously expected net sales of JPY 97,100 million, operating income of JPY 5,300 million, profit attributable to owners of parent of JPY 4,400 million and profit attributable to owners of parent per share of JPY 26.54.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.9%).
お知らせ • Aug 04Nippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. For the first half, The company expects net sales to be JPY 97,100 million, Operating profit to be JPY 5,300 million, profit attributable to owners of parent to be JPY 4,400 million or JPY 26.54 per share.For the full year, The company expects net sales to be JPY 202,300 million, Operating profit to be JPY 13,000 million, profit attributable to owners of parent to be JPY 10,500 million or JPY 63.34 per share.
New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.9% Last year net profit margin: 9.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Profit margins are more than 30% lower than last year (5.9% net profit margin).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥16.05 (vs JP¥35.41 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.05 (down from JP¥35.41 in 1Q 2023). Revenue: JP¥48.6b (flat on 1Q 2023). Net income: JP¥2.66b (down 55% from 1Q 2023). Profit margin: 5.5% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • May 22+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • May 21Full year 2023 earnings released: EPS: JP¥89.36 (vs JP¥102 in FY 2022)Full year 2023 results: EPS: JP¥89.36 (down from JP¥102 in FY 2022). Revenue: JP¥198.4b (up 7.3% from FY 2022). Net income: JP¥15.0b (down 13% from FY 2022). Profit margin: 7.6% (down from 9.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%).
お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the end of year, company expects dividend of JPY 20.00 per share compared to JPY 25.00 per share a year ago.
Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥23.57 (vs JP¥28.85 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.57 (down from JP¥28.85 in 3Q 2022). Revenue: JP¥50.9b (up 3.3% from 3Q 2022). Net income: JP¥3.96b (down 18% from 3Q 2022). Profit margin: 7.8% (down from 9.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥31.63 (vs JP¥23.17 in 2Q 2022)Second quarter 2023 results: EPS: JP¥31.63 (up from JP¥23.17 in 2Q 2022). Revenue: JP¥54.4b (up 28% from 2Q 2022). Net income: JP¥5.32b (up 36% from 2Q 2022). Profit margin: 9.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Seiichi Fusamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 12+ 3 more updatesNippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the full year, the company expects net sales to be JPY 210,000 million. Operating income to be JPY 23,800 million. Profit attributable to owners of parent to be JPY 19,400 million. Profit attributable to owners of parent per share to be JPY 115.31.
お知らせ • Nov 11Nippon Kayaku Co., Ltd. to Report Fiscal Year 2023 Results on May 15, 2023Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2023 results on May 15, 2023
Reported Earnings • Nov 10Second quarter 2023 earnings released: EPS: JP¥31.63 (vs JP¥23.17 in 2Q 2022)Second quarter 2023 results: EPS: JP¥31.63 (up from JP¥23.17 in 2Q 2022). Revenue: JP¥54.4b (up 28% from 2Q 2022). Net income: JP¥5.32b (up 36% from 2Q 2022). Profit margin: 9.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Nov 08Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 3,000,000 shares, representing 1.78% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 1.78% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. The program will continue through March 31, 2023. As of September 30, 2022, the company had 168,338,545 issued shares (excluding treasury stock) and 2,165,025 treasury shares.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%).
お知らせ • Aug 04+ 2 more updatesNippon Kayaku Co., Ltd. Provides Dividend Guidance for the End of Second Quarter of Fiscal Year 2023Nippon Kayaku Co., Ltd. expected to pay the dividend of JPY 20.00 per share for the end of second quarter of fiscal year 2023 against JPY 15.00 per share paid a year ago.
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥35.41 (vs JP¥31.05 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.41 (up from JP¥31.05 in 1Q 2022). Revenue: JP¥48.3b (up 4.0% from 1Q 2022). Net income: JP¥5.96b (up 13% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • May 27+ 2 more updatesNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided dividend guidance to be JPY 20.00 per share for the year ending March 31, 2023 against JPY 25.00 per share paid a year ago.
お知らせ • May 17+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022Nippon Kayaku Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥102 (vs JP¥73.62 in FY 2021)Full year 2022 results: EPS: JP¥102 (up from JP¥73.62 in FY 2021). Revenue: JP¥184.8b (up 6.6% from FY 2021). Net income: JP¥17.2b (up 37% from FY 2021). Profit margin: 9.3% (up from 7.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Seiichi Fusamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%).
お知らせ • Feb 02+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2022Nippon Kayaku Co., Ltd. provided dividend guidance of JPY 22 per share for the year ending March 31, 2022 against JPY 15 per share paid a year ago.
Reported Earnings • Jan 29Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥28.84 (up from JP¥23.94 in 3Q 2021). Revenue: JP¥49.3b (up 9.1% from 3Q 2021). Net income: JP¥4.85b (up 19% from 3Q 2021). Profit margin: 9.9% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥23.17 (vs JP¥18.36 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥42.4b (down 3.0% from 2Q 2021). Net income: JP¥3.91b (up 25% from 2Q 2021). Profit margin: 9.2% (up from 7.2% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%).
お知らせ • Aug 06Nippon Kayaku Co., Ltd. Revises Earnings Guidance for the First Half and Full Year Ending March 31, 2022Nippon Kayaku Co., Ltd. revises earnings guidance for the first half and full year ending March 31, 2022. For the first half, the company now expects Net sales of JPY 91,300 million, Operating income of JPY 9,800 million and Profit attributable to owners of parent of JPY 8,000 million or JPY 46.91 per share against previous forecast of Net sales of JPY 84,500 million, Operating income of JPY 5,300 million and Profit attributable to owners of parent of JPY 4,500 million or JPY 26.35 per share. For the full year, the company now expects Net sales of JPY 184,800 million, Operating income of JPY 17,400 million and Profit attributable to owners of parent of JPY 14,000 million or JPY 82.10 per share against previous forecast of Net sales of JPY 176,000 million, Operating income of JPY 12,400 million and Profit attributable to owners of parent of JPY 10,100 million or JPY 59.14 per share.
Reported Earnings • Aug 05First quarter 2022 earnings released: EPS JP¥31.05 (vs JP¥10.24 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥46.4b (up 26% from 1Q 2021). Net income: JP¥5.30b (up 203% from 1Q 2021). Profit margin: 11% (up from 4.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥9.90, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 23x in the Chemicals industry in Germany. Total returns to shareholders of 11% over the past three years.
お知らせ • May 22Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 3,100,000 shares, representing 1.82% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 3,100,000 shares, representing 1.82% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. The program will continue through September 30, 2021. As of March 31, 2021, the company had 170,792,920 issued shares (excluding treasury stock) and 6,704,735 treasury shares.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥73.62 (vs JP¥74.25 in FY 2020)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥173.4b (down 1.0% from FY 2020). Net income: JP¥12.6b (down 1.9% from FY 2020). Profit margin: 7.3% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year.
Upcoming Dividend • Mar 24Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.6%).
Is New 90 Day High Low • Mar 10New 90-day high: €8.20The company is up 10.0% from its price of €7.45 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.
お知らせ • Feb 26Nippon Kayaku Co., Ltd. (TSE:4272) signed an agreement to acquire Teikoku Taping System Co., Ltd.Nippon Kayaku Co., Ltd. (TSE:4272) signed an agreement to acquire Teikoku Taping System Co., Ltd. on February 5, 2021. The transaction is expected to close in April 2021.
お知らせ • Feb 03Nippon Kayaku Co., Ltd. Revises Earnings Guidance for the Year Ending March 31, 2021Nippon Kayaku Co., Ltd. revised earnings guidance for the year ending March 31, 2021. For the year, the company now expected net sale of JPY 171,700 million, Operating income of 14,900 million and Profit attributable to owners of parent was JPY 12,000 million or JPY 70.26 per share against previous guidance of net sale of JPY 164,000 million, Operating income of 12,000 million and Profit attributable to owners of parent was JPY 10,000 million or JPY 58.55 per share.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥23.94 (vs JP¥28.74 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥45.1b (down 2.3% from 3Q 2020). Net income: JP¥4.09b (down 18% from 3Q 2020). Profit margin: 9.1% (down from 11% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.
Is New 90 Day High Low • Jan 26New 90-day high: €8.10The company is up 8.0% from its price of €7.50 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 21% over the same period.
Is New 90 Day High Low • Dec 30New 90-day high: €7.85The company is up 3.0% from its price of €7.60 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 19% over the same period.
お知らせ • Nov 18+ 1 more updateNippon Kayaku Co., Ltd. to Report Fiscal Year 2021 Results on May 11, 2021Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2021 results on May 11, 2021