Ishihara Sangyo KaishaLtd（4028）株式概要石原産業株式会社は、有機・無機化学品の製造・販売を日本、アジア、米国、欧州、および海外で行っています。 詳細4028 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績5/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より53.5%で取引されている 過去1年間で収益は97.8%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析今後3年間の収益は年平均0.4%減少すると予測されている。 JP市場と比較した過去 3 か月間の株価の変動4.77%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る4028 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW487,720 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG487,720 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥2.73k37.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0155b2016201920222025202620282031Revenue JP¥152.3bEarnings JP¥16.4bAdvancedSet Fair ValueView all narrativesIshihara Sangyo Kaisha,Ltd. 競合他社Osaka Organic Chemical IndustrySymbol: TSE:4187Market cap: JP¥107.0bDKSSymbol: TSE:4461Market cap: JP¥111.8bStella ChemifaSymbol: TSE:4109Market cap: JP¥70.9bSakai Chemical IndustrySymbol: TSE:4078Market cap: JP¥62.1b価格と性能株価の高値、安値、推移の概要Ishihara Sangyo KaishaLtd過去の株価現在の株価JP¥2,726.0052週高値JP¥4,035.0052週安値JP¥2,106.00ベータ0.781ヶ月の変化-10.92%3ヶ月変化-4.08%1年変化28.28%3年間の変化117.91%5年間の変化140.18%IPOからの変化-40.74%最新ニュースNew Risk • Jun 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 91% Dividend yield: 3.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,050, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 182% over the past three years.Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥435 (up from JP¥220 in FY 2025). Revenue: JP¥154.9b (up 6.7% from FY 2025). Net income: JP¥16.6b (up 98% from FY 2025). Profit margin: 11% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to stay flat during the next 2 years compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.お知らせ • May 12Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026.Buy Or Sell Opportunity • Apr 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to JP¥2,816. The fair value is estimated to be JP¥2,333, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 0.8% in 2 years. Earnings are forecast to decline by 24% in the next 2 years.New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).最新情報をもっと見るRecent updatesNew Risk • Jun 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 91% Dividend yield: 3.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,050, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 182% over the past three years.Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥435 (up from JP¥220 in FY 2025). Revenue: JP¥154.9b (up 6.7% from FY 2025). Net income: JP¥16.6b (up 98% from FY 2025). Profit margin: 11% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to stay flat during the next 2 years compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.お知らせ • May 12Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026.Buy Or Sell Opportunity • Apr 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to JP¥2,816. The fair value is estimated to be JP¥2,333, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 0.8% in 2 years. Earnings are forecast to decline by 24% in the next 2 years.New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,950, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 324% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,357 per share.分析記事 • Feb 16Ishihara Sangyo KaishaLtd's (TSE:4028) Upcoming Dividend Will Be Larger Than Last Year'sIshihara Sangyo Kaisha,Ltd.'s ( TSE:4028 ) dividend will be increasing from last year's payment of the same period to...Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥103 (vs JP¥28.02 in 3Q 2025)Third quarter 2026 results: EPS: JP¥103 (up from JP¥28.02 in 3Q 2025). Revenue: JP¥31.6b (up 2.3% from 3Q 2025). Net income: JP¥3.96b (up 269% from 3Q 2025). Profit margin: 13% (up from 3.5% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14+ 1 more updateIshihara Sangyo Kaisha,Ltd. Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2026Ishihara Sangyo Kaisha,Ltd. revised year end dividend guidance for the fiscal year ending March 31, 2026. For the year end, the company revised dividend of JPY 90.00 per share compared to previous guidance of JPY 70.00 per share. Reason for revision: Regard enhancing corporate value and returning profits to shareholders as one of most important management policies. Regarding dividends, consider it fundamental to continue stable dividends in line with performance, taking into comprehensive account business trends, financial condition, and the need to bolster internal reserves for future business development. Under current medium-term business plan ‘Vision 2030 Stage II’ (fiscal years 2024-2026), aim to achieve a payout ratio of 40% in the final year (fiscal 2026). Company will also maintain a stable dividend during this period with a floor DOE (consolidated dividend on equity) of 3% to promote management that takes capital costs and share price into account. Based on this dividend policy and taking into account full-year earnings forecast for the fiscal year ending March 2026, company plan to increase the forecast from ¥70 to ¥90 per share, an increase of ¥20, for the year-end dividend. As a result, the annual dividend for the current fiscal year is expected to be ¥120 per share (including an interim dividend of ¥30).お知らせ • Feb 13+ 2 more updatesIshihara Sangyo Kaisha,Ltd. to Report Q1, 2027 Results on Aug 07, 2026Ishihara Sangyo Kaisha,Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026分析記事 • Feb 09Ishihara Sangyo KaishaLtd (TSE:4028) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...New Risk • Feb 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company.Price Target Changed • Jan 07Price target decreased by 11% to JP¥2,190Down from JP¥2,460, the current price target is an average from 2 analysts. New target price is 20% below last closing price of JP¥2,747. Stock is up 80% over the past year. The company is forecast to post earnings per share of JP¥337 for next year compared to JP¥220 last year.Declared Dividend • Dec 09First half dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 51% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 2.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • Dec 05Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥147.2b to JP¥150.6b. EPS estimate increased from JP¥266 to JP¥337 per share. Net income forecast to shrink 6.5% next year vs 9.1% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥2,627 unchanged from last update. Share price fell 4.2% to JP¥2,690 over the past week.Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥23.84 (vs JP¥56.14 loss in 2Q 2025)Second quarter 2026 results: EPS: JP¥23.84 (up from JP¥56.14 loss in 2Q 2025). Revenue: JP¥33.9b (down 8.2% from 2Q 2025). Net income: JP¥912.0m (up JP¥3.06b from 2Q 2025). Profit margin: 2.7% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 20ISHIHARA SANGYO KAISHA, LTD Launches "Lushade®? Black," an Ultra-Low Reflectance Structural Black Pigment That Absorbs over 99.0% of Visible LightISHIHARA SANGYO KAISHA, LTD. has established full-scale production of LUSHADE®? BLACK--an ultra-low reflectance black pigment that absorbs over 99.0% of visible light--and is now ready to expand its sales into global market. LUSHADE®? BLACK is an ultra-low reflectance structural black pigment that absorbs more than 99.0% of visiblelight. This exceptional optical property helps suppress stray light and enhances the appearance of optical devices. Additionally, its infrared reflectivity enables the formulation of black coatings that reflect infrared light. When used in coatings, it also helps suppress surface temperature rise. LUSHADE®? Black is a bismuth sulfide black pigment featuring a surface structure resembling sea urchin spines. This structure enables the pigment to absorb more than 99.0% the visible light, resulting in an ultra-black pigment with extremely low reflectance. Moreover, it reflects infrared light, making it suitable for infrared-reflective black coatings. It also effectively suppresses surface temperature rise, helping to reduce heating of the coated surface. With these properties, LUSHADE®? BLACK are expected to find applications in the following areas. Black Coating for Optical Lens Edges: Utilizes its low reflectance to prevent stray light for improved optical performance. Low-Reflectance Coating Inside Camera Modules: Red reduces internal reflections, contributing to clear and sharp image quality. Infrared-Reflective Black Coatings: Suitable for use in infrared-reflective black coating for infrared-based devices, such as LiDAR, and for reducing surface temperature rise. LUSHade®? BLACK is expected to become a key material that supports next-generation optical technologies across a wide range of industries.Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥124 (vs JP¥75.22 in 1Q 2025)First quarter 2026 results: EPS: JP¥124 (up from JP¥75.22 in 1Q 2025). Revenue: JP¥42.6b (up 13% from 1Q 2025). Net income: JP¥4.74b (up 65% from 1Q 2025). Profit margin: 11% (up from 7.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jul 28Now 21% undervaluedOver the last 90 days, the stock has risen 27% to JP¥2,199. The fair value is estimated to be JP¥2,772, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.Reported Earnings • Jul 01Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥220 (up from JP¥209 in FY 2024). Revenue: JP¥145.2b (up 4.9% from FY 2024). Net income: JP¥8.41b (up 5.3% from FY 2024). Profit margin: 5.8% (in line with FY 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Price Target Changed • Jun 04Price target increased by 13% to JP¥2,333Up from JP¥2,067, the current price target is an average from 2 analysts. New target price is 23% above last closing price of JP¥1,895. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥229 for next year compared to JP¥220 last year.Reported Earnings • May 09Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥220 (up from JP¥209 in FY 2024). Revenue: JP¥145.2b (up 4.9% from FY 2024). Net income: JP¥8.41b (up 5.3% from FY 2024). Profit margin: 5.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • May 08Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2025Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2025.Price Target Changed • Apr 16Price target increased by 16% to JP¥2,400Up from JP¥2,067, the current price target is an average from 2 analysts. New target price is 48% above last closing price of JP¥1,623. Stock is down 7.6% over the past year. The company is forecast to post earnings per share of JP¥175 for next year compared to JP¥209 last year.分析記事 • Apr 14We Like These Underlying Return On Capital Trends At Ishihara Sangyo KaishaLtd (TSE:4028)There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (170% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,433, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 57% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥85.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).分析記事 • Feb 15Ishihara Sangyo KaishaLtd's (TSE:4028) Upcoming Dividend Will Be Larger Than Last Year'sIshihara Sangyo Kaisha,Ltd. ( TSE:4028 ) has announced that it will be increasing its periodic dividend on the 27th of...お知らせ • Feb 14+ 3 more updatesIshihara Sangyo Kaisha,Ltd. to Report Q3, 2026 Results on Feb 13, 2026Ishihara Sangyo Kaisha,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥28.02 (vs JP¥23.75 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥28.02 (up from JP¥23.75 loss in 3Q 2024). Revenue: JP¥30.9b (flat on 3Q 2024). Net income: JP¥1.07b (up JP¥1.98b from 3Q 2024). Profit margin: 3.5% (up from net loss in 3Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.分析記事 • Feb 13Does Ishihara Sangyo KaishaLtd (TSE:4028) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Major Estimate Revision • Dec 03Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥145.6b to JP¥148.3b. EPS estimate fell from JP¥194 to JP¥165 per share. Net income forecast to grow 67% next year vs 13% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥2,067 unchanged from last update. Share price was steady at JP¥1,474 over the past week.分析記事 • Nov 19Ishihara Sangyo KaishaLtd's (TSE:4028) Soft Earnings Are Actually Better Than They AppearInvestors were disappointed with the weak earnings posted by Ishihara Sangyo Kaisha,Ltd. ( TSE:4028 ). However, our...Declared Dividend • Nov 11Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 42% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 110% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 09Second quarter 2025 earnings released: JP¥56.14 loss per share (vs JP¥32.41 loss in 2Q 2024)Second quarter 2025 results: JP¥56.14 loss per share (further deteriorated from JP¥32.41 loss in 2Q 2024). Revenue: JP¥36.9b (up 23% from 2Q 2024). Net loss: JP¥2.15b (loss widened 74% from 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥75.22 (vs JP¥131 in 1Q 2024)First quarter 2025 results: EPS: JP¥75.22 (down from JP¥131 in 1Q 2024). Revenue: JP¥37.6b (flat on 1Q 2024). Net income: JP¥2.87b (down 42% from 1Q 2024). Profit margin: 7.6% (down from 13% in 1Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.分析記事 • Aug 05Ishihara Sangyo Kaisha,Ltd. (TSE:4028) Stock's 31% Dive Might Signal An Opportunity But It Requires Some ScrutinyUnfortunately for some shareholders, the Ishihara Sangyo Kaisha,Ltd. ( TSE:4028 ) share price has dived 31% in the last...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to JP¥1,142, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 13% over the past three years.分析記事 • May 21Shareholders Will Be Pleased With The Quality of Ishihara Sangyo KaishaLtd's (TSE:4028) EarningsIshihara Sangyo Kaisha,Ltd.'s ( TSE:4028 ) earnings announcement last week was disappointing for investors, despite the...Price Target Changed • May 12Price target decreased by 8.5% to JP¥2,087Down from JP¥2,280, the current price target is an average from 3 analysts. New target price is 13% above last closing price of JP¥1,843. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥186 for next year compared to JP¥209 last year.お知らせ • May 12Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2024Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2024.分析記事 • Mar 21At JP¥1,740, Is It Time To Put Ishihara Sangyo Kaisha,Ltd. (TSE:4028) On Your Watch List?While Ishihara Sangyo Kaisha,Ltd. ( TSE:4028 ) might not have the largest market cap around , it saw a significant...Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).お知らせ • Feb 14+ 3 more updatesIshihara Sangyo Kaisha,Ltd. to Report Q3, 2025 Results on Feb 12, 2025Ishihara Sangyo Kaisha,Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • Feb 10Third quarter 2024 earnings released: JP¥23.75 loss per share (vs JP¥35.25 loss in 3Q 2023)Third quarter 2024 results: JP¥23.75 loss per share (improved from JP¥35.25 loss in 3Q 2023). Revenue: JP¥31.0b (up 3.4% from 3Q 2023). Net loss: JP¥907.0m (loss narrowed 35% from 3Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 11Second quarter 2024 earnings released: JP¥32.41 loss per share (vs JP¥23.70 profit in 2Q 2023)Second quarter 2024 results: JP¥32.41 loss per share (down from JP¥23.70 profit in 2Q 2023). Revenue: JP¥29.9b (down 3.2% from 2Q 2023). Net loss: JP¥1.24b (down 231% from profit in 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year and the company’s share price has also increased by 32% per year.Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥131 (vs JP¥86.70 in 1Q 2023)First quarter 2024 results: EPS: JP¥131 (up from JP¥86.70 in 1Q 2023). Revenue: JP¥37.6b (up 13% from 1Q 2023). Net income: JP¥4.99b (up 44% from 1Q 2023). Profit margin: 13% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jun 20Price target increased by 12% to JP¥2,050Up from JP¥1,827, the current price target is an average from 2 analysts. New target price is 59% above last closing price of JP¥1,287. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥203 for next year compared to JP¥176 last year.Reported Earnings • May 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥176 (down from JP¥293 in FY 2022). Revenue: JP¥131.2b (up 18% from FY 2022). Net income: JP¥6.95b (down 41% from FY 2022). Profit margin: 5.3% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • May 13Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥164 to JP¥197. Revenue forecast steady at JP¥147.0b. Net income forecast to shrink 30% next year vs 1.2% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,827 unchanged from last update. Share price rose 6.0% to JP¥1,292 over the past week.お知らせ • May 13Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2023Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Major Estimate Revision • Mar 03Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥130.2b to JP¥132.0b. EPS estimate fell from JP¥183 to JP¥143 per share. Net income forecast to shrink 26% next year vs 1.6% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,860 unchanged from last update. Share price rose 5.7% to JP¥1,129 over the past week.お知らせ • Feb 16+ 1 more updateIshihara Sangyo Kaisha,Ltd. to Report Q3, 2024 Results on Feb 09, 2024Ishihara Sangyo Kaisha,Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥35.25 loss per share (vs JP¥14.89 profit in 3Q 2022)Third quarter 2023 results: JP¥35.25 loss per share (down from JP¥14.89 profit in 3Q 2022). Revenue: JP¥29.9b (up 31% from 3Q 2022). Net loss: JP¥1.40b (down 335% from profit in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥23.69 (vs JP¥43.50 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.69 (down from JP¥43.50 in 2Q 2022). Revenue: JP¥30.9b (up 17% from 2Q 2022). Net income: JP¥947.0m (down 46% from 2Q 2022). Profit margin: 3.1% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 4% 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 Satoshi Ando 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.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥23.69 (vs JP¥43.50 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.69 (down from JP¥43.50 in 2Q 2022). Revenue: JP¥30.9b (up 17% from 2Q 2022). Net income: JP¥947.0m (down 46% from 2Q 2022). Profit margin: 3.1% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Nov 11Ishihara Sangyo Kaisha,Ltd. (TSE:4028) announces an Equity Buyback for 2,300,000 shares, representing 5.75% for ¥2,000 million.Ishihara Sangyo Kaisha,Ltd. (TSE:4028) announces a share repurchase program. Under the program, the company will repurchase up to 2,300,000 shares, representing 5.75% of its share capital, for ¥2,000 million. The program is aimed at improving capital efficiency, we will comprehensively consider growth investment, dividend level, cash on hand and stock price level, and implement it flexibly. The program will expire on March 31, 2023. As of September 30, 2022, the company had 39,969,847 shares in issue (excluding treasury stock) and 414,096 shares in treasury.お知らせ • Sep 09Ishihara Sangyo Kaisha,Ltd. to Report Q2, 2023 Results on Nov 10, 2022Ishihara Sangyo Kaisha,Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥86.70 (vs JP¥60.94 in 1Q 2022)First quarter 2023 results: EPS: JP¥86.70 (up from JP¥60.94 in 1Q 2022). Revenue: JP¥33.3b (up 12% from 1Q 2022). Net income: JP¥3.46b (up 42% from 1Q 2022). Profit margin: 10% (up from 8.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 20Price target decreased to JP¥2,010Down from JP¥2,200, the current price target is an average from 3 analysts. New target price is 91% above last closing price of JP¥1,055. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of JP¥209 for next year compared to JP¥293 last year.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,218, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 8.9% over the past three years.Major Estimate Revision • Jun 04Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥116.0b to JP¥130.0b. EPS estimate fell from JP¥185 to JP¥183. Net income forecast to shrink 38% next year vs 5.9% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥2,100 unchanged from last update. Share price rose 9.7% to JP¥1,116 over the past week.Reported Earnings • May 13Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥293 (up from JP¥84.41 in FY 2021). Revenue: JP¥111.0b (up 9.0% from FY 2021). Net income: JP¥11.7b (up 247% from FY 2021). Profit margin: 11% (up from 3.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 80%. Over the next year, revenue is forecast to grow 4.5%, compared to a 7.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • May 13Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2022Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2022.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 Satoshi Ando 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¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).お知らせ • Feb 16+ 3 more updatesIshihara Sangyo Kaisha, Ltd. to Report Q2, 2023 Results on Nov 10, 2022Ishihara Sangyo Kaisha, Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥14.89 (up from JP¥40.79 loss in 3Q 2021). Revenue: JP¥22.8b (up 20% from 3Q 2021). Net income: JP¥595.0m (up JP¥2.23b from 3Q 2021). Profit margin: 2.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 160%. Over the next year, revenue is forecast to grow 1.5%, compared to a 6.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥14.89 (up from JP¥40.79 loss in 3Q 2021). Revenue: JP¥22.8b (up 20% from 3Q 2021). Net income: JP¥595.0m (up JP¥2.23b from 3Q 2021). Profit margin: 2.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 160%. Over the next year, revenue is forecast to grow 1.5%, compared to a 6.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Price Target Changed • Dec 05Price target increased to JP¥2,200Up from JP¥2,000, the current price target is an average from 2 analysts. New target price is 87% above last closing price of JP¥1,174. Stock is up 92% over the past year. The company is forecast to post earnings per share of JP¥163 for next year compared to JP¥84.41 last year.Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS JP¥43.50 (vs JP¥39.79 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.4b (up 9.3% from 2Q 2021). Net income: JP¥1.74b (up JP¥3.33b from 2Q 2021). Profit margin: 6.6% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥1,342, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 12% over the past three years.Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥60.94 (vs JP¥10.79 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥29.8b (up 21% from 1Q 2021). Net income: JP¥2.44b (up 465% from 1Q 2021). Profit margin: 8.2% (up from 1.7% 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 29% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥1,340, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 16% over the past three years.Major Estimate Revision • Jun 17Consensus EPS estimates increase to JP¥103The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥103.0b to JP¥104.5b. EPS estimate increased from JP¥90.10 to JP¥103 per share. Net income forecast to grow 22% next year vs 16% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥1,800 to JP¥2,300. Share price rose 21% to JP¥1,235 over the past week.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,235, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 27% over the past three years.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥84.41 (vs JP¥59.03 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥101.8b (flat on FY 2020). Net income: JP¥3.37b (up 43% from FY 2020). Profit margin: 3.3% (up from 2.3% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.株主還元4028JP ChemicalsJP 市場7D-4.7%-1.8%0.2%1Y28.3%45.2%42.8%株主還元を見る業界別リターン: 4028過去 1 年間で45.2 % の収益を上げたJP Chemicals業界を下回りました。リターン対市場: 4028は、過去 1 年間で42.8 % のリターンを上げたJP市場を下回りました。価格変動Is 4028's price volatile compared to industry and market?4028 volatility4028 Average Weekly Movement8.4%Chemicals Industry Average Movement5.0%Market Average Movement4.2%10% most volatile stocks in JP Market9.2%10% least volatile stocks in JP Market2.1%安定した株価: 4028の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 4028の weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてJPの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19201,813Hiroshi Okubowww.iskweb.co.jp石原産業株式会社は、日本、アジア、米国、欧州、および国際的な有機・無機化学品の製造・販売を行っている。二酸化チタン（TiO2）製品は「ティパック」の商標で、塗料、インキ、プラスチック、化粧品などに使用される白色顔料、黄色顔料、超微粒子TiO2、超微粒子ZnO、導電性材料、光触媒TiO2、高純度TiO2、四塩化チタン、触媒用TiO2、アシキュラー型TiO2などの機能性材料を提供している。また、マット剤、遮熱材、環境関連製品として、石膏系中性土壌改良材、重金属吸着・不溶化剤、酸化鉄系VOC分解剤、関連複合溶液なども提供している。また、除草剤、殺菌剤、殺虫剤、殺線虫剤などの農薬、犬用抗膵炎薬フザプラジブナトリウム水和物などのアニマルヘルスケア製品、医薬品原料としてのCF3-ピリジン化合物などの有機中間体も提供している。石原産業株式会社は1920年に設立され、大阪に本社を置く。もっと見るIshihara Sangyo Kaisha,Ltd. 基礎のまとめIshihara Sangyo KaishaLtd の収益と売上を時価総額と比較するとどうか。4028 基礎統計学時価総額JP¥104.32b収益（TTM）JP¥16.64b売上高(TTM)JP¥154.90b6.3xPER（株価収益率0.7xP/Sレシオ4028 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計4028 損益計算書（TTM）収益JP¥154.90b売上原価JP¥105.23b売上総利益JP¥49.67bその他の費用JP¥33.03b収益JP¥16.64b直近の収益報告Mar 31, 2026次回決算日Aug 07, 2026一株当たり利益（EPS）434.74グロス・マージン32.06%純利益率10.74%有利子負債／自己資本比率53.6%4028 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.8%現在の配当利回り27%配当性向View Valuation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2026/07/09 05:54終値2026/07/09 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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Ishihara Sangyo Kaisha,Ltd. 2 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。4 アナリスト機関Yusuke MiuraDaiwa Securities Co. Ltd.Katsuhiko IshibashiIchiyoshi Research Institute Inc.Joel ScheimanKBC Securities NV1 その他のアナリストを表示
New Risk • Jun 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 91% Dividend yield: 3.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,050, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 182% over the past three years.
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥435 (up from JP¥220 in FY 2025). Revenue: JP¥154.9b (up 6.7% from FY 2025). Net income: JP¥16.6b (up 98% from FY 2025). Profit margin: 11% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to stay flat during the next 2 years compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.
お知らせ • May 12Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026.
Buy Or Sell Opportunity • Apr 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to JP¥2,816. The fair value is estimated to be JP¥2,333, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 0.8% in 2 years. Earnings are forecast to decline by 24% in the next 2 years.
New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
New Risk • Jun 01New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 91% Dividend yield: 3.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥3,050, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 182% over the past three years.
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥435 (up from JP¥220 in FY 2025). Revenue: JP¥154.9b (up 6.7% from FY 2025). Net income: JP¥16.6b (up 98% from FY 2025). Profit margin: 11% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to stay flat during the next 2 years compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.
お知らせ • May 12Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 25, 2026.
Buy Or Sell Opportunity • Apr 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to JP¥2,816. The fair value is estimated to be JP¥2,333, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 0.8% in 2 years. Earnings are forecast to decline by 24% in the next 2 years.
New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥90.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥3,950, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Chemicals industry in Japan. Total returns to shareholders of 324% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,357 per share.
分析記事 • Feb 16Ishihara Sangyo KaishaLtd's (TSE:4028) Upcoming Dividend Will Be Larger Than Last Year'sIshihara Sangyo Kaisha,Ltd.'s ( TSE:4028 ) dividend will be increasing from last year's payment of the same period to...
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥103 (vs JP¥28.02 in 3Q 2025)Third quarter 2026 results: EPS: JP¥103 (up from JP¥28.02 in 3Q 2025). Revenue: JP¥31.6b (up 2.3% from 3Q 2025). Net income: JP¥3.96b (up 269% from 3Q 2025). Profit margin: 13% (up from 3.5% in 3Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14+ 1 more updateIshihara Sangyo Kaisha,Ltd. Revises Year End Dividend Guidance for the Fiscal Year Ending March 31, 2026Ishihara Sangyo Kaisha,Ltd. revised year end dividend guidance for the fiscal year ending March 31, 2026. For the year end, the company revised dividend of JPY 90.00 per share compared to previous guidance of JPY 70.00 per share. Reason for revision: Regard enhancing corporate value and returning profits to shareholders as one of most important management policies. Regarding dividends, consider it fundamental to continue stable dividends in line with performance, taking into comprehensive account business trends, financial condition, and the need to bolster internal reserves for future business development. Under current medium-term business plan ‘Vision 2030 Stage II’ (fiscal years 2024-2026), aim to achieve a payout ratio of 40% in the final year (fiscal 2026). Company will also maintain a stable dividend during this period with a floor DOE (consolidated dividend on equity) of 3% to promote management that takes capital costs and share price into account. Based on this dividend policy and taking into account full-year earnings forecast for the fiscal year ending March 2026, company plan to increase the forecast from ¥70 to ¥90 per share, an increase of ¥20, for the year-end dividend. As a result, the annual dividend for the current fiscal year is expected to be ¥120 per share (including an interim dividend of ¥30).
お知らせ • Feb 13+ 2 more updatesIshihara Sangyo Kaisha,Ltd. to Report Q1, 2027 Results on Aug 07, 2026Ishihara Sangyo Kaisha,Ltd. announced that they will report Q1, 2027 results on Aug 07, 2026
分析記事 • Feb 09Ishihara Sangyo KaishaLtd (TSE:4028) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
New Risk • Feb 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company.
Price Target Changed • Jan 07Price target decreased by 11% to JP¥2,190Down from JP¥2,460, the current price target is an average from 2 analysts. New target price is 20% below last closing price of JP¥2,747. Stock is up 80% over the past year. The company is forecast to post earnings per share of JP¥337 for next year compared to JP¥220 last year.
Declared Dividend • Dec 09First half dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 51% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 2.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • Dec 05Consensus EPS estimates increase by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥147.2b to JP¥150.6b. EPS estimate increased from JP¥266 to JP¥337 per share. Net income forecast to shrink 6.5% next year vs 9.1% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥2,627 unchanged from last update. Share price fell 4.2% to JP¥2,690 over the past week.
Reported Earnings • Nov 08Second quarter 2026 earnings released: EPS: JP¥23.84 (vs JP¥56.14 loss in 2Q 2025)Second quarter 2026 results: EPS: JP¥23.84 (up from JP¥56.14 loss in 2Q 2025). Revenue: JP¥33.9b (down 8.2% from 2Q 2025). Net income: JP¥912.0m (up JP¥3.06b from 2Q 2025). Profit margin: 2.7% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 20ISHIHARA SANGYO KAISHA, LTD Launches "Lushade®? Black," an Ultra-Low Reflectance Structural Black Pigment That Absorbs over 99.0% of Visible LightISHIHARA SANGYO KAISHA, LTD. has established full-scale production of LUSHADE®? BLACK--an ultra-low reflectance black pigment that absorbs over 99.0% of visible light--and is now ready to expand its sales into global market. LUSHADE®? BLACK is an ultra-low reflectance structural black pigment that absorbs more than 99.0% of visiblelight. This exceptional optical property helps suppress stray light and enhances the appearance of optical devices. Additionally, its infrared reflectivity enables the formulation of black coatings that reflect infrared light. When used in coatings, it also helps suppress surface temperature rise. LUSHADE®? Black is a bismuth sulfide black pigment featuring a surface structure resembling sea urchin spines. This structure enables the pigment to absorb more than 99.0% the visible light, resulting in an ultra-black pigment with extremely low reflectance. Moreover, it reflects infrared light, making it suitable for infrared-reflective black coatings. It also effectively suppresses surface temperature rise, helping to reduce heating of the coated surface. With these properties, LUSHADE®? BLACK are expected to find applications in the following areas. Black Coating for Optical Lens Edges: Utilizes its low reflectance to prevent stray light for improved optical performance. Low-Reflectance Coating Inside Camera Modules: Red reduces internal reflections, contributing to clear and sharp image quality. Infrared-Reflective Black Coatings: Suitable for use in infrared-reflective black coating for infrared-based devices, such as LiDAR, and for reducing surface temperature rise. LUSHade®? BLACK is expected to become a key material that supports next-generation optical technologies across a wide range of industries.
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥124 (vs JP¥75.22 in 1Q 2025)First quarter 2026 results: EPS: JP¥124 (up from JP¥75.22 in 1Q 2025). Revenue: JP¥42.6b (up 13% from 1Q 2025). Net income: JP¥4.74b (up 65% from 1Q 2025). Profit margin: 11% (up from 7.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jul 28Now 21% undervaluedOver the last 90 days, the stock has risen 27% to JP¥2,199. The fair value is estimated to be JP¥2,772, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
Reported Earnings • Jul 01Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: JP¥220 (up from JP¥209 in FY 2024). Revenue: JP¥145.2b (up 4.9% from FY 2024). Net income: JP¥8.41b (up 5.3% from FY 2024). Profit margin: 5.8% (in line with FY 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 04Price target increased by 13% to JP¥2,333Up from JP¥2,067, the current price target is an average from 2 analysts. New target price is 23% above last closing price of JP¥1,895. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥229 for next year compared to JP¥220 last year.
Reported Earnings • May 09Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥220 (up from JP¥209 in FY 2024). Revenue: JP¥145.2b (up 4.9% from FY 2024). Net income: JP¥8.41b (up 5.3% from FY 2024). Profit margin: 5.8% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.1%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • May 08Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2025Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2025.
Price Target Changed • Apr 16Price target increased by 16% to JP¥2,400Up from JP¥2,067, the current price target is an average from 2 analysts. New target price is 48% above last closing price of JP¥1,623. Stock is down 7.6% over the past year. The company is forecast to post earnings per share of JP¥175 for next year compared to JP¥209 last year.
分析記事 • Apr 14We Like These Underlying Return On Capital Trends At Ishihara Sangyo KaishaLtd (TSE:4028)There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (170% cash payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,433, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 57% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥85.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
分析記事 • Feb 15Ishihara Sangyo KaishaLtd's (TSE:4028) Upcoming Dividend Will Be Larger Than Last Year'sIshihara Sangyo Kaisha,Ltd. ( TSE:4028 ) has announced that it will be increasing its periodic dividend on the 27th of...
お知らせ • Feb 14+ 3 more updatesIshihara Sangyo Kaisha,Ltd. to Report Q3, 2026 Results on Feb 13, 2026Ishihara Sangyo Kaisha,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥28.02 (vs JP¥23.75 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥28.02 (up from JP¥23.75 loss in 3Q 2024). Revenue: JP¥30.9b (flat on 3Q 2024). Net income: JP¥1.07b (up JP¥1.98b from 3Q 2024). Profit margin: 3.5% (up from net loss in 3Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
分析記事 • Feb 13Does Ishihara Sangyo KaishaLtd (TSE:4028) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Major Estimate Revision • Dec 03Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥145.6b to JP¥148.3b. EPS estimate fell from JP¥194 to JP¥165 per share. Net income forecast to grow 67% next year vs 13% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥2,067 unchanged from last update. Share price was steady at JP¥1,474 over the past week.
分析記事 • Nov 19Ishihara Sangyo KaishaLtd's (TSE:4028) Soft Earnings Are Actually Better Than They AppearInvestors were disappointed with the weak earnings posted by Ishihara Sangyo Kaisha,Ltd. ( TSE:4028 ). However, our...
Declared Dividend • Nov 11Dividend of JP¥70.00 announcedShareholders will receive a dividend of JP¥70.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 42% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 110% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 09Second quarter 2025 earnings released: JP¥56.14 loss per share (vs JP¥32.41 loss in 2Q 2024)Second quarter 2025 results: JP¥56.14 loss per share (further deteriorated from JP¥32.41 loss in 2Q 2024). Revenue: JP¥36.9b (up 23% from 2Q 2024). Net loss: JP¥2.15b (loss widened 74% from 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥75.22 (vs JP¥131 in 1Q 2024)First quarter 2025 results: EPS: JP¥75.22 (down from JP¥131 in 1Q 2024). Revenue: JP¥37.6b (flat on 1Q 2024). Net income: JP¥2.87b (down 42% from 1Q 2024). Profit margin: 7.6% (down from 13% in 1Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
分析記事 • Aug 05Ishihara Sangyo Kaisha,Ltd. (TSE:4028) Stock's 31% Dive Might Signal An Opportunity But It Requires Some ScrutinyUnfortunately for some shareholders, the Ishihara Sangyo Kaisha,Ltd. ( TSE:4028 ) share price has dived 31% in the last...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to JP¥1,142, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 13% over the past three years.
分析記事 • May 21Shareholders Will Be Pleased With The Quality of Ishihara Sangyo KaishaLtd's (TSE:4028) EarningsIshihara Sangyo Kaisha,Ltd.'s ( TSE:4028 ) earnings announcement last week was disappointing for investors, despite the...
Price Target Changed • May 12Price target decreased by 8.5% to JP¥2,087Down from JP¥2,280, the current price target is an average from 3 analysts. New target price is 13% above last closing price of JP¥1,843. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥186 for next year compared to JP¥209 last year.
お知らせ • May 12Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2024Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 26, 2024.
分析記事 • Mar 21At JP¥1,740, Is It Time To Put Ishihara Sangyo Kaisha,Ltd. (TSE:4028) On Your Watch List?While Ishihara Sangyo Kaisha,Ltd. ( TSE:4028 ) might not have the largest market cap around , it saw a significant...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
お知らせ • Feb 14+ 3 more updatesIshihara Sangyo Kaisha,Ltd. to Report Q3, 2025 Results on Feb 12, 2025Ishihara Sangyo Kaisha,Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • Feb 10Third quarter 2024 earnings released: JP¥23.75 loss per share (vs JP¥35.25 loss in 3Q 2023)Third quarter 2024 results: JP¥23.75 loss per share (improved from JP¥35.25 loss in 3Q 2023). Revenue: JP¥31.0b (up 3.4% from 3Q 2023). Net loss: JP¥907.0m (loss narrowed 35% from 3Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 11Second quarter 2024 earnings released: JP¥32.41 loss per share (vs JP¥23.70 profit in 2Q 2023)Second quarter 2024 results: JP¥32.41 loss per share (down from JP¥23.70 profit in 2Q 2023). Revenue: JP¥29.9b (down 3.2% from 2Q 2023). Net loss: JP¥1.24b (down 231% from profit in 2Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year and the company’s share price has also increased by 32% per year.
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥131 (vs JP¥86.70 in 1Q 2023)First quarter 2024 results: EPS: JP¥131 (up from JP¥86.70 in 1Q 2023). Revenue: JP¥37.6b (up 13% from 1Q 2023). Net income: JP¥4.99b (up 44% from 1Q 2023). Profit margin: 13% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jun 20Price target increased by 12% to JP¥2,050Up from JP¥1,827, the current price target is an average from 2 analysts. New target price is 59% above last closing price of JP¥1,287. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥203 for next year compared to JP¥176 last year.
Reported Earnings • May 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥176 (down from JP¥293 in FY 2022). Revenue: JP¥131.2b (up 18% from FY 2022). Net income: JP¥6.95b (down 41% from FY 2022). Profit margin: 5.3% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • May 13Consensus EPS estimates increase by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥164 to JP¥197. Revenue forecast steady at JP¥147.0b. Net income forecast to shrink 30% next year vs 1.2% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,827 unchanged from last update. Share price rose 6.0% to JP¥1,292 over the past week.
お知らせ • May 13Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2023Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Major Estimate Revision • Mar 03Consensus EPS estimates fall by 22%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥130.2b to JP¥132.0b. EPS estimate fell from JP¥183 to JP¥143 per share. Net income forecast to shrink 26% next year vs 1.6% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥1,860 unchanged from last update. Share price rose 5.7% to JP¥1,129 over the past week.
お知らせ • Feb 16+ 1 more updateIshihara Sangyo Kaisha,Ltd. to Report Q3, 2024 Results on Feb 09, 2024Ishihara Sangyo Kaisha,Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Feb 12Third quarter 2023 earnings released: JP¥35.25 loss per share (vs JP¥14.89 profit in 3Q 2022)Third quarter 2023 results: JP¥35.25 loss per share (down from JP¥14.89 profit in 3Q 2022). Revenue: JP¥29.9b (up 31% from 3Q 2022). Net loss: JP¥1.40b (down 335% from profit in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥23.69 (vs JP¥43.50 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.69 (down from JP¥43.50 in 2Q 2022). Revenue: JP¥30.9b (up 17% from 2Q 2022). Net income: JP¥947.0m (down 46% from 2Q 2022). Profit margin: 3.1% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 4% 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 Satoshi Ando 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.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥23.69 (vs JP¥43.50 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.69 (down from JP¥43.50 in 2Q 2022). Revenue: JP¥30.9b (up 17% from 2Q 2022). Net income: JP¥947.0m (down 46% from 2Q 2022). Profit margin: 3.1% (down from 6.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Nov 11Ishihara Sangyo Kaisha,Ltd. (TSE:4028) announces an Equity Buyback for 2,300,000 shares, representing 5.75% for ¥2,000 million.Ishihara Sangyo Kaisha,Ltd. (TSE:4028) announces a share repurchase program. Under the program, the company will repurchase up to 2,300,000 shares, representing 5.75% of its share capital, for ¥2,000 million. The program is aimed at improving capital efficiency, we will comprehensively consider growth investment, dividend level, cash on hand and stock price level, and implement it flexibly. The program will expire on March 31, 2023. As of September 30, 2022, the company had 39,969,847 shares in issue (excluding treasury stock) and 414,096 shares in treasury.
お知らせ • Sep 09Ishihara Sangyo Kaisha,Ltd. to Report Q2, 2023 Results on Nov 10, 2022Ishihara Sangyo Kaisha,Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: JP¥86.70 (vs JP¥60.94 in 1Q 2022)First quarter 2023 results: EPS: JP¥86.70 (up from JP¥60.94 in 1Q 2022). Revenue: JP¥33.3b (up 12% from 1Q 2022). Net income: JP¥3.46b (up 42% from 1Q 2022). Profit margin: 10% (up from 8.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 20Price target decreased to JP¥2,010Down from JP¥2,200, the current price target is an average from 3 analysts. New target price is 91% above last closing price of JP¥1,055. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of JP¥209 for next year compared to JP¥293 last year.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,218, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Chemicals industry in Japan. Total returns to shareholders of 8.9% over the past three years.
Major Estimate Revision • Jun 04Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥116.0b to JP¥130.0b. EPS estimate fell from JP¥185 to JP¥183. Net income forecast to shrink 38% next year vs 5.9% growth forecast for Chemicals industry in Japan . Consensus price target of JP¥2,100 unchanged from last update. Share price rose 9.7% to JP¥1,116 over the past week.
Reported Earnings • May 13Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: JP¥293 (up from JP¥84.41 in FY 2021). Revenue: JP¥111.0b (up 9.0% from FY 2021). Net income: JP¥11.7b (up 247% from FY 2021). Profit margin: 11% (up from 3.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 80%. Over the next year, revenue is forecast to grow 4.5%, compared to a 7.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • May 13Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2022Ishihara Sangyo Kaisha,Ltd., Annual General Meeting, Jun 28, 2022.
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 Satoshi Ando 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¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.6%).
お知らせ • Feb 16+ 3 more updatesIshihara Sangyo Kaisha, Ltd. to Report Q2, 2023 Results on Nov 10, 2022Ishihara Sangyo Kaisha, Ltd. announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥14.89 (up from JP¥40.79 loss in 3Q 2021). Revenue: JP¥22.8b (up 20% from 3Q 2021). Net income: JP¥595.0m (up JP¥2.23b from 3Q 2021). Profit margin: 2.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 160%. Over the next year, revenue is forecast to grow 1.5%, compared to a 6.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥14.89 (up from JP¥40.79 loss in 3Q 2021). Revenue: JP¥22.8b (up 20% from 3Q 2021). Net income: JP¥595.0m (up JP¥2.23b from 3Q 2021). Profit margin: 2.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 160%. Over the next year, revenue is forecast to grow 1.5%, compared to a 6.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Dec 05Price target increased to JP¥2,200Up from JP¥2,000, the current price target is an average from 2 analysts. New target price is 87% above last closing price of JP¥1,174. Stock is up 92% over the past year. The company is forecast to post earnings per share of JP¥163 for next year compared to JP¥84.41 last year.
Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS JP¥43.50 (vs JP¥39.79 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.4b (up 9.3% from 2Q 2021). Net income: JP¥1.74b (up JP¥3.33b from 2Q 2021). Profit margin: 6.6% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥1,342, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 12% over the past three years.
Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥60.94 (vs JP¥10.79 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥29.8b (up 21% from 1Q 2021). Net income: JP¥2.44b (up 465% from 1Q 2021). Profit margin: 8.2% (up from 1.7% 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 29% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to JP¥1,340, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Chemicals industry in Japan. Total loss to shareholders of 16% over the past three years.
Major Estimate Revision • Jun 17Consensus EPS estimates increase to JP¥103The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from JP¥103.0b to JP¥104.5b. EPS estimate increased from JP¥90.10 to JP¥103 per share. Net income forecast to grow 22% next year vs 16% growth forecast for Chemicals industry in Japan. Consensus price target up from JP¥1,800 to JP¥2,300. Share price rose 21% to JP¥1,235 over the past week.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to JP¥1,235, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 27% over the past three years.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥84.41 (vs JP¥59.03 in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥101.8b (flat on FY 2020). Net income: JP¥3.37b (up 43% from FY 2020). Profit margin: 3.3% (up from 2.3% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
