Nippon Kayaku（4272）株式概要日本化薬は日本でモビリティ、イメージング、ファインケミカル、ライフサイエンス事業を展開している。 詳細4272 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性5/6配当金3/6報酬株価収益率（ 12.9 x） JP市場（ 13.7 x）を下回っています。過去1年間で収益は40.7%増加しました リスク分析今後3年間の収益は年平均6.8%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2.81%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 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る4272 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥2.13k10.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0281b2016201920222025202620282031Revenue JP¥281.0bEarnings JP¥28.6bAdvancedSet Fair ValueView all narrativesNippon Kayaku Co., Ltd. 競合他社FujimiSymbol: TSE:5384Market cap: JP¥293.8bNippon ShokubaiSymbol: TSE:4114Market cap: JP¥305.0bTokuyamaSymbol: TSE:4043Market cap: JP¥367.4bKansai PaintSymbol: TSE:4613Market cap: JP¥422.7b価格と性能株価の高値、安値、推移の概要Nippon Kayaku過去の株価現在の株価JP¥2,132.5052週高値JP¥2,192.5052週安値JP¥1,277.00ベータ0.451ヶ月の変化22.00%3ヶ月変化6.36%1年変化63.41%3年間の変化76.97%5年間の変化101.56%IPOからの変化154.17%最新ニュース分析記事 • May 21Nippon Kayaku's (TSE:4272) Earnings Are Of Questionable QualityNippon Kayaku Co., Ltd.'s ( TSE:4272 ) stock was strong after they recently reported robust earnings. We did some...Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,061, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 89% over the past three years.お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 13,000,000 shares, representing 8.75% for ¥15,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and increase corporate value in accordance with Measures for Delivering Management with an Awareness of the Cost of Capital and Stock Prices. The program will continue through March 31, 2027. As of March 31, 2026, the company had 148,502,884 issued shares (excluding treasury stock) and 11,497,116 treasury shares.New Risk • May 13New 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 7.5% 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 6.8% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥161 (up from JP¥107 in FY 2025). Revenue: JP¥241.9b (up 8.7% from FY 2025). Net income: JP¥24.6b (up 41% from FY 2025). Profit margin: 10% (up from 7.9% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.0% p.a. on average 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 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • May 13+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2027 Results on Nov 10, 2026Nippon Kayaku Co., Ltd. announced that they will report Q2, 2027 results on Nov 10, 2026最新情報をもっと見るRecent updates分析記事 • May 21Nippon Kayaku's (TSE:4272) Earnings Are Of Questionable QualityNippon Kayaku Co., Ltd.'s ( TSE:4272 ) stock was strong after they recently reported robust earnings. We did some...Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,061, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 89% over the past three years.お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 13,000,000 shares, representing 8.75% for ¥15,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and increase corporate value in accordance with Measures for Delivering Management with an Awareness of the Cost of Capital and Stock Prices. The program will continue through March 31, 2027. As of March 31, 2026, the company had 148,502,884 issued shares (excluding treasury stock) and 11,497,116 treasury shares.New Risk • May 13New 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 7.5% 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 6.8% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥161 (up from JP¥107 in FY 2025). Revenue: JP¥241.9b (up 8.7% from FY 2025). Net income: JP¥24.6b (up 41% from FY 2025). Profit margin: 10% (up from 7.9% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.0% p.a. on average 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 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • May 13+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2027 Results on Nov 10, 2026Nippon Kayaku Co., Ltd. announced that they will report Q2, 2027 results on Nov 10, 2026お知らせ • May 12Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • Mar 26Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. Denka Company Limited intends to launch a Squeeze-Out Procedures, if it acquires the minimum tender shares (1,990,000 shares) and fails to acquire all of the KAINOS Laboratories, Inc's Shares (excluding the Shares Agreed Not to Be Tendered and treasury shares). The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders on March 25, 2026. Upon closing of the offer period, 3,223,919 shares were tendered. Since it is more than the minimum number of shares to be purchased (1,990,000 shares), Denka Company Limited will purchase all of the Tendered Share Certificates and intends to implement a series of procedures for the purpose of making the Tender Offeror the sole shareholder of KAINOS Laboratories, Inc. As of today, the KAINOS Laboratories, Inc's Shares are listed on the Standard Market of the Tokyo Stock Exchange. If the procedures are implemented, the KAINOS Laboratories, Inc's Shares will be delisted pursuant to the prescribed procedures, in accordance with the criteria for delisting of Tokyo Stock Exchange. KAINOS Laboratories, Inc's Shares, after being delisted, will no longer be traded on the Standard Market of the Tokyo Stock Exchange.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).お知らせ • Feb 09Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc.Reported Earnings • Feb 03Third quarter 2026 earnings released: EPS: JP¥37.31 (vs JP¥45.03 in 3Q 2025)Third quarter 2026 results: EPS: JP¥37.31 (down from JP¥45.03 in 3Q 2025). Revenue: JP¥61.0b (up 3.7% from 3Q 2025). Net income: JP¥5.63b (down 23% from 3Q 2025). Profit margin: 9.2% (down from 13% in 3Q 2025). Revenue is forecast to grow 4.2% p.a. on average 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 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Declared Dividend • Dec 02First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. 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 earnings (46% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.分析記事 • Nov 19Nippon Kayaku's (TSE:4272) Earnings Are Of Questionable QualityNippon Kayaku Co., Ltd.'s ( TSE:4272 ) stock was strong after they recently reported robust earnings. However, our...Reported Earnings • Nov 13Second quarter 2026 earnings released: EPS: JP¥47.99 (vs JP¥14.66 in 2Q 2025)Second quarter 2026 results: EPS: JP¥47.99 (up from JP¥14.66 in 2Q 2025). Revenue: JP¥58.8b (up 6.0% from 2Q 2025). Net income: JP¥7.40b (up 207% from 2Q 2025). Profit margin: 13% (up from 4.3% in 2Q 2025). Revenue is forecast to grow 3.8% 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 8% per year and the company’s share price has also increased by 8% per year.お知らせ • Nov 12Nippon Kayaku Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026分析記事 • Sep 20Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend on the 2nd of December...分析記事 • Sep 05Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥30.00 on the 2nd of December. This takes the dividend...分析記事 • Aug 22Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥30.00 per share on 2nd of December...分析記事 • Aug 07Nippon Kayaku (TSE:4272) Will Pay A Dividend Of ¥30.00The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥30.00 per share on the...Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥27.29 (vs JP¥21.52 in 1Q 2025)First quarter 2026 results: EPS: JP¥27.29 (up from JP¥21.52 in 1Q 2025). Revenue: JP¥54.8b (up 2.1% from 1Q 2025). Net income: JP¥4.29b (up 20% from 1Q 2025). Profit margin: 7.8% (up from 6.6% in 1Q 2025). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.0% 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 3% per year, which means it is well ahead of earnings.分析記事 • Jul 24Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥30.00 per share on 2nd of December...分析記事 • Jul 09Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥30.00 per share on the 2nd of...Declared Dividend • Jul 09Final dividend increased to JP¥30.00Dividend of JP¥30.00 is 33% higher than last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 5.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (51% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥107 (up from JP¥24.80 in FY 2024). Revenue: JP¥222.6b (up 10% from FY 2024). Net income: JP¥17.5b (up 326% from FY 2024). Profit margin: 7.9% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 4.1% 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 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥107 (up from JP¥24.80 in FY 2024). Revenue: JP¥222.6b (up 10% from FY 2024). Net income: JP¥17.5b (up 326% from FY 2024). Profit margin: 7.9% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 3.6% 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 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.分析記事 • May 14Investors Met With Slowing Returns on Capital At Nippon Kayaku (TSE:4272)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...お知らせ • May 14+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2026 Results on Feb 02, 2026Nippon Kayaku Co., Ltd. announced that they will report Q3, 2026 results on Feb 02, 2026お知らせ • May 13Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025.お知らせ • Mar 28+ 1 more updateNippon Kayaku Co., Ltd. Announces Retirement of Atsuhiro Wakumoto as President, Effective June 26, 2025Nippon Kayaku Co., Ltd. announced at its Board of Directors meeting held on March 28, 2025, change in the Board of Directors and Executives: Retiring: Atsuhiro Wakumoto as President. Schedule for Changes: June 26, 2025 at AGM.Upcoming Dividend • Mar 21Upcoming dividend of JP¥37.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).分析記事 • Mar 19Calculating The Fair Value Of Nippon Kayaku Co., Ltd. (TSE:4272)Key Insights The projected fair value for Nippon Kayaku is JP¥1,396 based on 2 Stage Free Cash Flow to Equity Current...分析記事 • Feb 23Nippon Kayaku Co., Ltd. (TSE:4272) Might Not Be As Mispriced As It LooksWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...分析記事 • Feb 06Nippon Kayaku (TSE:4272) Is Increasing Its Dividend To ¥37.50The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that the dividend on 27th of June will be increased to...New Risk • Feb 04New 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 6.0% 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 (194% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: JP¥45.03 (vs JP¥19.67 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥45.03 (up from JP¥19.67 loss in 3Q 2024). Revenue: JP¥58.8b (up 14% from 3Q 2024). Net income: JP¥7.34b (up JP¥10.6b from 3Q 2024). Profit margin: 13% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 3.3% 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 fallen by 39% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.分析記事 • Feb 03Nippon Kayaku (TSE:4272) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2025. For the year, the company now expects net sales of JPY 223,700 million, operating income of JPY 21,100 million, profit attributable to owners of parent of JPY 17,900 million and profit attributable to owners of parent per share of JPY 109.58 against previous guidance of net sales of JPY 220,300 million, operating income of JPY 19,300 million, profit attributable to owners of parent of JPY 15,300 million and profit attributable to owners of parent per share of JPY 93.68.分析記事 • Jan 06Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend on the 27th of June, with...分析記事 • Dec 03Nippon Kayaku (TSE:4272) Will Pay A Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥22.50 on the 27th of June. This means the annual payment...Declared Dividend • Dec 03First half dividend of JP¥22.50 announcedDividend of JP¥22.50 is the same as last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (186% earnings payout ratio) nor is it covered by cash flows (196% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 107% to bring the payout ratio under control. EPS is expected to grow by 157% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.分析記事 • Nov 21Some Investors May Be Willing To Look Past Nippon Kayaku's (TSE:4272) Soft EarningsThe market was pleased with the recent earnings report from Nippon Kayaku Co., Ltd. ( TSE:4272 ), despite the profit...お知らせ • Nov 19Nippon Kayaku Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥14.66 (vs JP¥20.69 in 2Q 2024)Second quarter 2025 results: EPS: JP¥14.66 (down from JP¥20.69 in 2Q 2024). Revenue: JP¥55.5b (up 12% from 2Q 2024). Net income: JP¥2.41b (down 30% from 2Q 2024). Profit margin: 4.3% (down from 7.0% in 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Nov 11Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 6,500,000 shares, representing 3.97% for ¥7,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 3.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through May 30, 2025. As of September 30, 2024, the company had 163,585,231 issued shares (excluding treasury stock) and 6,918,339 treasury shares.分析記事 • Oct 24There Are Reasons To Feel Uneasy About Nippon Kayaku's (TSE:4272) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...分析記事 • Sep 22Nippon Kayaku (TSE:4272) Is Paying Out A Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥22.50 per share on the 2nd of...Upcoming Dividend • Sep 20Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).分析記事 • Aug 22Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥22.50 per share on the...分析記事 • Aug 08Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥22.50 on the 2nd of December. This means the annual...Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥21.52 (vs JP¥16.05 in 1Q 2024)First quarter 2025 results: EPS: JP¥21.52 (up from JP¥16.05 in 1Q 2024). Revenue: JP¥53.6b (up 10% from 1Q 2024). Net income: JP¥3.57b (up 34% from 1Q 2024). Profit margin: 6.6% (up from 5.5% in 1Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 01Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 8.2% to JP¥1,411. The fair value is estimated to be JP¥1,143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.分析記事 • Jul 25Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥22.50 on the 2nd of December. The dividend yield will be...分析記事 • Jul 11Nippon Kayaku (TSE:4272) Has Announced A Dividend Of ¥22.50Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥22.50 per share on 2nd of December...Declared Dividend • Jul 11Final dividend of JP¥22.50 announcedDividend of JP¥22.50 is the same as last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (306% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 240% to bring the payout ratio under control. EPS is expected to grow by 146% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.分析記事 • Jun 12Nippon Kayaku (TSE:4272) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • May 18+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024お知らせ • May 16Nippon Kayaku Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024Nippon Kayaku Co., Ltd. announced year end dividend of JPY 22.50 per share for the Fiscal Year Ended March 31, 2024 compared to JPY 25.00 per share paid a year ago. Scheduled date for start of dividend payments: June 27, 2024.Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥24.80 (vs JP¥89.36 in FY 2023)Full year 2024 results: EPS: JP¥24.80 (down from JP¥89.36 in FY 2023). Revenue: JP¥201.8b (up 1.7% from FY 2023). Net income: JP¥4.11b (down 73% from FY 2023). Profit margin: 2.0% (down from 7.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • May 16+ 1 more updateNippon Kayaku Co., Ltd. Provides End of Second Quarter and End of Year Dividend Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. provided end of second quarter and end of year dividend guidance for the fiscal year ending March 31, 2025. For the end of second quarter, the company expects dividend of JPY 22.50 per share compared to JPY 22.50 per share a year ago. For the end of year, the company expects dividend of JPY 22.50 per share compared to JPY 22.50 per share a year ago.お知らせ • May 15Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024.お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 2,800,000 shares, representing 1.69% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through September 30, 2024. As of March 31, 2024, the company had 165,870,785 issued shares (excluding treasury stock) and 4,632,785 treasury shares.分析記事 • Apr 17Investors Could Be Concerned With Nippon Kayaku's (TSE:4272) Returns On CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...お知らせ • Mar 28Nippon Kayaku Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).分析記事 • Feb 27Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥22.50Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥22.50 per share on 1st of July. The...New Risk • Feb 10New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Cash payout ratio: 146% Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Feb 07+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal ending March 31, 2024. For the full year, the company expects to pay a dividend of ¥22.50 against ¥25 paid last year.New Risk • Feb 02New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Cash payout ratio: 146% Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • Feb 02Third quarter 2024 earnings released: JP¥19.67 loss per share (vs JP¥23.57 profit in 3Q 2023)Third quarter 2024 results: JP¥19.67 loss per share (down from JP¥23.57 profit in 3Q 2023). Revenue: JP¥51.8b (up 1.9% from 3Q 2023). Net loss: JP¥3.26b (down 182% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Nov 10Nippon Kayaku Co., Ltd. Announces Dividend for the Second Quarter of the Year Ending March 31, 2024, Payable on December 1, 2023Nippon Kayaku Co., Ltd. announced dividend for the second quarter of the year ending March 31, 2024. For the second quarter, the company expects to pay JPY 22.50 against JPY 20.00 reported a year ago. Scheduled date for start of dividend payments is December 1, 2023.Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥20.69 (vs JP¥31.63 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.69 (down from JP¥31.63 in 2Q 2023). Revenue: JP¥49.3b (down 9.4% from 2Q 2023). Net income: JP¥3.43b (down 36% from 2Q 2023). Profit margin: 7.0% (down from 9.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 01Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 202,300 million, operating income of JPY 6,000 million, profit attributable to owners of parent of JPY 5,800 million and profit attributable to owners of parent per share of JPY 34.98 compared to previously expected net sales of JPY 202,300 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 10,500 million and profit attributable to owners of parent per share of JPY 63.34.お知らせ • Oct 31Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2023Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the six months ended September 30, 2023. For the period, the company expects revised net sales of JPY 97,900 million, operating income of JPY 4,800 million, profit attributable to owners of parent of JPY 6,100 million and profit attributable to owners of parent per share of JPY 36.79 compared to previously expected net sales of JPY 97,100 million, operating income of JPY 5,300 million, profit attributable to owners of parent of JPY 4,400 million and profit attributable to owners of parent per share of JPY 26.54.Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).お知らせ • Aug 04Nippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. For the first half, The company expects net sales to be JPY 97,100 million, Operating profit to be JPY 5,300 million, profit attributable to owners of parent to be JPY 4,400 million or JPY 26.54 per share.For the full year, The company expects net sales to be JPY 202,300 million, Operating profit to be JPY 13,000 million, profit attributable to owners of parent to be JPY 10,500 million or JPY 63.34 per share.New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.9% Last year net profit margin: 9.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Profit margins are more than 30% lower than last year (5.9% net profit margin).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥16.05 (vs JP¥35.41 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.05 (down from JP¥35.41 in 1Q 2023). Revenue: JP¥48.6b (flat on 1Q 2023). Net income: JP¥2.66b (down 55% from 1Q 2023). Profit margin: 5.5% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.お知らせ • May 22+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • May 20Full year 2023 earnings released: EPS: JP¥89.36 (vs JP¥102 in FY 2022)Full year 2023 results: EPS: JP¥89.36 (down from JP¥102 in FY 2022). Revenue: JP¥198.4b (up 7.3% from FY 2022). Net income: JP¥15.0b (down 13% from FY 2022). Profit margin: 7.6% (down from 9.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the end of year, company expects dividend of JPY 20.00 per share compared to JPY 25.00 per share a year ago.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥23.57 (vs JP¥28.85 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.57 (down from JP¥28.85 in 3Q 2022). Revenue: JP¥50.9b (up 3.3% from 3Q 2022). Net income: JP¥3.96b (down 18% from 3Q 2022). Profit margin: 7.8% (down from 9.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 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 Seiichi Fusamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 12Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 28, 2023Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 28, 2023.株主還元4272JP ChemicalsJP 市場7D2.0%4.9%1.5%1Y63.4%53.6%38.9%株主還元を見る業界別リターン: 4272過去 1 年間で53.6 % の収益を上げたJP Chemicals業界を上回りました。リターン対市場: 4272過去 1 年間で38.9 % の収益を上げたJP市場を上回りました。価格変動Is 4272's price volatile compared to industry and market?4272 volatility4272 Average Weekly Movement7.5%Chemicals Industry Average Movement6.0%Market Average Movement4.9%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 4272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: 4272の weekly volatility ( 7% ) 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19165,979Shigeyuki Kawamurawww.nipponkayaku.co.jp日本化薬株式会社は日本でモビリティ・イメージング事業、ファインケミカル事業、ライフサイエンス事業を行っている。エアバッグ用インフレータ、シートベルトプリテンショナーおよびスクイブ用マイクロガスジェネレータ、液晶ディスプレイ（LCD）プロジェクターおよびディスプレイ、X線分析システム部品を提供。また、エポキシ樹脂、マレイミド樹脂、エポキシ樹脂硬化剤、反応型難燃剤、アクリル酸エステル、レジスト用UV硬化樹脂、MEMS用レジスト、LCD・半導体用洗浄剤、LCD用封止剤、ラミネーター、リムーバー、マウンター、UV照射装置などの半導体製造装置も提供している；インクジェットプリンター用着色剤、インクジェット捺染用染料、産業用インクジェットプリンター用インク、イメージセンサー材料、調光ガラス用二色性着色剤、近赤外線吸収剤、繊維・紙用染料、樹脂用着色剤、感熱紙用顕色剤、顔料誘導体、アクリル酸、アクロレイン、メタクリル酸製造用触媒。また、抗がん剤・生物学的製剤、心血管診断薬・光線力学的診断薬、体外診断薬、塞栓材、医薬品原薬・中間体、食品添加物、健康食品素材、食品品質保持剤、洗浄剤・消毒剤、殺虫剤、除草剤、殺菌剤、殺ダニ剤、公衆衛生用殺虫剤、土壌燻蒸剤、動物忌避剤、不動産事業も行っている。前身は日本化薬製造株式会社で、1945年に日本化薬株式会社に社名変更。日本化薬は1916年に設立され、東京に本社を置く。もっと見るNippon Kayaku Co., Ltd. 基礎のまとめNippon Kayaku の収益と売上を時価総額と比較するとどうか。4272 基礎統計学時価総額JP¥316.67b収益（TTM）JP¥24.64b売上高(TTM)JP¥241.85b12.9xPER（株価収益率1.3xP/Sレシオ4272 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4272 損益計算書（TTM）収益JP¥241.85b売上原価JP¥168.97b売上総利益JP¥72.88bその他の費用JP¥48.24b収益JP¥24.64b直近の収益報告Mar 31, 2026次回決算日Aug 03, 2026一株当たり利益（EPS）165.94グロス・マージン30.13%純利益率10.19%有利子負債／自己資本比率17.6%4272 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2.8%現在の配当利回り49%配当性向4272 配当は確実ですか？4272 配当履歴とベンチマークを見る4272 、いつまでに購入すれば配当金を受け取れますか？Nippon Kayaku 配当日配当落ち日Mar 30 2026配当支払日Jun 26 2026配当落ちまでの日数61 days配当支払日までの日数27 days4272 配当は確実ですか？4272 配当履歴とベンチマークを見る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2026/05/29 16:58終値2026/05/29 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nippon Kayaku Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Joshua BennisonCLSAKatsuhiko IshibashiIchiyoshi Research Institute Inc.Naoya MiuraMizuho Securities Co., Ltd.4 その他のアナリストを表示
分析記事 • May 21Nippon Kayaku's (TSE:4272) Earnings Are Of Questionable QualityNippon Kayaku Co., Ltd.'s ( TSE:4272 ) stock was strong after they recently reported robust earnings. We did some...
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,061, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 89% over the past three years.
お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 13,000,000 shares, representing 8.75% for ¥15,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and increase corporate value in accordance with Measures for Delivering Management with an Awareness of the Cost of Capital and Stock Prices. The program will continue through March 31, 2027. As of March 31, 2026, the company had 148,502,884 issued shares (excluding treasury stock) and 11,497,116 treasury shares.
New Risk • May 13New 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 7.5% 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 6.8% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥161 (up from JP¥107 in FY 2025). Revenue: JP¥241.9b (up 8.7% from FY 2025). Net income: JP¥24.6b (up 41% from FY 2025). Profit margin: 10% (up from 7.9% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.0% p.a. on average 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 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2027 Results on Nov 10, 2026Nippon Kayaku Co., Ltd. announced that they will report Q2, 2027 results on Nov 10, 2026
分析記事 • May 21Nippon Kayaku's (TSE:4272) Earnings Are Of Questionable QualityNippon Kayaku Co., Ltd.'s ( TSE:4272 ) stock was strong after they recently reported robust earnings. We did some...
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,061, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Chemicals industry in Japan. Total returns to shareholders of 89% over the past three years.
お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 13,000,000 shares, representing 8.75% for ¥15,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency and increase corporate value in accordance with Measures for Delivering Management with an Awareness of the Cost of Capital and Stock Prices. The program will continue through March 31, 2027. As of March 31, 2026, the company had 148,502,884 issued shares (excluding treasury stock) and 11,497,116 treasury shares.
New Risk • May 13New 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 7.5% 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 6.8% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥161 (up from JP¥107 in FY 2025). Revenue: JP¥241.9b (up 8.7% from FY 2025). Net income: JP¥24.6b (up 41% from FY 2025). Profit margin: 10% (up from 7.9% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.0% p.a. on average 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 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q2, 2027 Results on Nov 10, 2026Nippon Kayaku Co., Ltd. announced that they will report Q2, 2027 results on Nov 10, 2026
お知らせ • May 12Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • Mar 26Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. Denka Company Limited intends to launch a Squeeze-Out Procedures, if it acquires the minimum tender shares (1,990,000 shares) and fails to acquire all of the KAINOS Laboratories, Inc's Shares (excluding the Shares Agreed Not to Be Tendered and treasury shares). The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Denka Company Limited (TSE:4061) completed the acquisition of 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders on March 25, 2026. Upon closing of the offer period, 3,223,919 shares were tendered. Since it is more than the minimum number of shares to be purchased (1,990,000 shares), Denka Company Limited will purchase all of the Tendered Share Certificates and intends to implement a series of procedures for the purpose of making the Tender Offeror the sole shareholder of KAINOS Laboratories, Inc. As of today, the KAINOS Laboratories, Inc's Shares are listed on the Standard Market of the Tokyo Stock Exchange. If the procedures are implemented, the KAINOS Laboratories, Inc's Shares will be delisted pursuant to the prescribed procedures, in accordance with the criteria for delisting of Tokyo Stock Exchange. KAINOS Laboratories, Inc's Shares, after being delisted, will no longer be traded on the Standard Market of the Tokyo Stock Exchange.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
お知らせ • Feb 09Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion.Denka Company Limited (TSE:4061) proposed to acquire 77.65% stake in KAINOS Laboratories, Inc. (TSE:4556) from a group of shareholders for ¥7.9 billion on February 6, 2026. A cash consideration of ¥7.89 billion valued at ¥2285 per share will be paid by Denka Company Limited. As part of consideration, ¥7.89 billion is paid towards common equity of KAINOS Laboratories, Inc. The transaction is subject to minimum tender. The expected completion of the transaction is March 25, 2026. Sumitomo Mitsui Banking Corporation acted as financial advisor for Denka Company Limited. AGS Consulting Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc. Nagashima Ohno & Tsunematsu acted as legal advisor for KAINOS Laboratories, Inc. TMI Associates acted as legal advisor for KAINOS Laboratories, Inc. Mizuho Securities Co., Ltd. acted as financial advisor for KAINOS Laboratories, Inc.
Reported Earnings • Feb 03Third quarter 2026 earnings released: EPS: JP¥37.31 (vs JP¥45.03 in 3Q 2025)Third quarter 2026 results: EPS: JP¥37.31 (down from JP¥45.03 in 3Q 2025). Revenue: JP¥61.0b (up 3.7% from 3Q 2025). Net income: JP¥5.63b (down 23% from 3Q 2025). Profit margin: 9.2% (down from 13% in 3Q 2025). Revenue is forecast to grow 4.2% p.a. on average 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 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Dec 02First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. 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 earnings (46% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend.
分析記事 • Nov 19Nippon Kayaku's (TSE:4272) Earnings Are Of Questionable QualityNippon Kayaku Co., Ltd.'s ( TSE:4272 ) stock was strong after they recently reported robust earnings. However, our...
Reported Earnings • Nov 13Second quarter 2026 earnings released: EPS: JP¥47.99 (vs JP¥14.66 in 2Q 2025)Second quarter 2026 results: EPS: JP¥47.99 (up from JP¥14.66 in 2Q 2025). Revenue: JP¥58.8b (up 6.0% from 2Q 2025). Net income: JP¥7.40b (up 207% from 2Q 2025). Profit margin: 13% (up from 4.3% in 2Q 2025). Revenue is forecast to grow 3.8% 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 8% per year and the company’s share price has also increased by 8% per year.
お知らせ • Nov 12Nippon Kayaku Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026
分析記事 • Sep 20Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend on the 2nd of December...
分析記事 • Sep 05Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥30.00 on the 2nd of December. This takes the dividend...
分析記事 • Aug 22Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥30.00 per share on 2nd of December...
分析記事 • Aug 07Nippon Kayaku (TSE:4272) Will Pay A Dividend Of ¥30.00The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥30.00 per share on the...
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥27.29 (vs JP¥21.52 in 1Q 2025)First quarter 2026 results: EPS: JP¥27.29 (up from JP¥21.52 in 1Q 2025). Revenue: JP¥54.8b (up 2.1% from 1Q 2025). Net income: JP¥4.29b (up 20% from 1Q 2025). Profit margin: 7.8% (up from 6.6% in 1Q 2025). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.0% 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 3% per year, which means it is well ahead of earnings.
分析記事 • Jul 24Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥30.00 per share on 2nd of December...
分析記事 • Jul 09Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥30.00Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥30.00 per share on the 2nd of...
Declared Dividend • Jul 09Final dividend increased to JP¥30.00Dividend of JP¥30.00 is 33% higher than last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 5.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (51% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 01Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥107 (up from JP¥24.80 in FY 2024). Revenue: JP¥222.6b (up 10% from FY 2024). Net income: JP¥17.5b (up 326% from FY 2024). Profit margin: 7.9% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 4.1% 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 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • May 15Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥107 (up from JP¥24.80 in FY 2024). Revenue: JP¥222.6b (up 10% from FY 2024). Net income: JP¥17.5b (up 326% from FY 2024). Profit margin: 7.9% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.0%. Revenue is forecast to grow 3.6% 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 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
分析記事 • May 14Investors Met With Slowing Returns on Capital At Nippon Kayaku (TSE:4272)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
お知らせ • May 14+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2026 Results on Feb 02, 2026Nippon Kayaku Co., Ltd. announced that they will report Q3, 2026 results on Feb 02, 2026
お知らせ • May 13Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 28+ 1 more updateNippon Kayaku Co., Ltd. Announces Retirement of Atsuhiro Wakumoto as President, Effective June 26, 2025Nippon Kayaku Co., Ltd. announced at its Board of Directors meeting held on March 28, 2025, change in the Board of Directors and Executives: Retiring: Atsuhiro Wakumoto as President. Schedule for Changes: June 26, 2025 at AGM.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥37.50 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
分析記事 • Mar 19Calculating The Fair Value Of Nippon Kayaku Co., Ltd. (TSE:4272)Key Insights The projected fair value for Nippon Kayaku is JP¥1,396 based on 2 Stage Free Cash Flow to Equity Current...
分析記事 • Feb 23Nippon Kayaku Co., Ltd. (TSE:4272) Might Not Be As Mispriced As It LooksWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...
分析記事 • Feb 06Nippon Kayaku (TSE:4272) Is Increasing Its Dividend To ¥37.50The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that the dividend on 27th of June will be increased to...
New Risk • Feb 04New 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 6.0% 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 (194% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).
Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: JP¥45.03 (vs JP¥19.67 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥45.03 (up from JP¥19.67 loss in 3Q 2024). Revenue: JP¥58.8b (up 14% from 3Q 2024). Net income: JP¥7.34b (up JP¥10.6b from 3Q 2024). Profit margin: 13% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 3.3% 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 fallen by 39% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
分析記事 • Feb 03Nippon Kayaku (TSE:4272) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the Fiscal Year Ending March 31, 2025. For the year, the company now expects net sales of JPY 223,700 million, operating income of JPY 21,100 million, profit attributable to owners of parent of JPY 17,900 million and profit attributable to owners of parent per share of JPY 109.58 against previous guidance of net sales of JPY 220,300 million, operating income of JPY 19,300 million, profit attributable to owners of parent of JPY 15,300 million and profit attributable to owners of parent per share of JPY 93.68.
分析記事 • Jan 06Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend on the 27th of June, with...
分析記事 • Dec 03Nippon Kayaku (TSE:4272) Will Pay A Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥22.50 on the 27th of June. This means the annual payment...
Declared Dividend • Dec 03First half dividend of JP¥22.50 announcedDividend of JP¥22.50 is the same as last year. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (186% earnings payout ratio) nor is it covered by cash flows (196% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 107% to bring the payout ratio under control. EPS is expected to grow by 157% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
分析記事 • Nov 21Some Investors May Be Willing To Look Past Nippon Kayaku's (TSE:4272) Soft EarningsThe market was pleased with the recent earnings report from Nippon Kayaku Co., Ltd. ( TSE:4272 ), despite the profit...
お知らせ • Nov 19Nippon Kayaku Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
Reported Earnings • Nov 13Second quarter 2025 earnings released: EPS: JP¥14.66 (vs JP¥20.69 in 2Q 2024)Second quarter 2025 results: EPS: JP¥14.66 (down from JP¥20.69 in 2Q 2024). Revenue: JP¥55.5b (up 12% from 2Q 2024). Net income: JP¥2.41b (down 30% from 2Q 2024). Profit margin: 4.3% (down from 7.0% in 2Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Nov 11Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 6,500,000 shares, representing 3.97% for ¥7,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 3.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through May 30, 2025. As of September 30, 2024, the company had 163,585,231 issued shares (excluding treasury stock) and 6,918,339 treasury shares.
分析記事 • Oct 24There Are Reasons To Feel Uneasy About Nippon Kayaku's (TSE:4272) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
分析記事 • Sep 22Nippon Kayaku (TSE:4272) Is Paying Out A Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥22.50 per share on the 2nd of...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
分析記事 • Aug 22Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50The board of Nippon Kayaku Co., Ltd. ( TSE:4272 ) has announced that it will pay a dividend of ¥22.50 per share on the...
分析記事 • Aug 08Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥22.50 on the 2nd of December. This means the annual...
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥21.52 (vs JP¥16.05 in 1Q 2024)First quarter 2025 results: EPS: JP¥21.52 (up from JP¥16.05 in 1Q 2024). Revenue: JP¥53.6b (up 10% from 1Q 2024). Net income: JP¥3.57b (up 34% from 1Q 2024). Profit margin: 6.6% (up from 5.5% in 1Q 2024). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 01Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 8.2% to JP¥1,411. The fair value is estimated to be JP¥1,143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.
分析記事 • Jul 25Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50Nippon Kayaku Co., Ltd. ( TSE:4272 ) will pay a dividend of ¥22.50 on the 2nd of December. The dividend yield will be...
分析記事 • Jul 11Nippon Kayaku (TSE:4272) Has Announced A Dividend Of ¥22.50Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥22.50 per share on 2nd of December...
Declared Dividend • Jul 11Final dividend of JP¥22.50 announcedDividend of JP¥22.50 is the same as last year. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (306% earnings payout ratio) nor is it adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 240% to bring the payout ratio under control. EPS is expected to grow by 146% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
分析記事 • Jun 12Nippon Kayaku (TSE:4272) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • May 18+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
お知らせ • May 16Nippon Kayaku Co., Ltd. Announces Year End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 27, 2024Nippon Kayaku Co., Ltd. announced year end dividend of JPY 22.50 per share for the Fiscal Year Ended March 31, 2024 compared to JPY 25.00 per share paid a year ago. Scheduled date for start of dividend payments: June 27, 2024.
Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥24.80 (vs JP¥89.36 in FY 2023)Full year 2024 results: EPS: JP¥24.80 (down from JP¥89.36 in FY 2023). Revenue: JP¥201.8b (up 1.7% from FY 2023). Net income: JP¥4.11b (down 73% from FY 2023). Profit margin: 2.0% (down from 7.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • May 16+ 1 more updateNippon Kayaku Co., Ltd. Provides End of Second Quarter and End of Year Dividend Guidance for the Fiscal Year Ending March 31, 2025Nippon Kayaku Co., Ltd. provided end of second quarter and end of year dividend guidance for the fiscal year ending March 31, 2025. For the end of second quarter, the company expects dividend of JPY 22.50 per share compared to JPY 22.50 per share a year ago. For the end of year, the company expects dividend of JPY 22.50 per share compared to JPY 22.50 per share a year ago.
お知らせ • May 15Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 26, 2024.
お知らせ • May 14Nippon Kayaku Co., Ltd. (TSE:4272) announces an Equity Buyback for 2,800,000 shares, representing 1.69% for ¥3,000 million.Nippon Kayaku Co., Ltd. (TSE:4272) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. The program will continue through September 30, 2024. As of March 31, 2024, the company had 165,870,785 issued shares (excluding treasury stock) and 4,632,785 treasury shares.
分析記事 • Apr 17Investors Could Be Concerned With Nippon Kayaku's (TSE:4272) Returns On CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
お知らせ • Mar 28Nippon Kayaku Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Nippon Kayaku Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
分析記事 • Feb 27Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥22.50Nippon Kayaku Co., Ltd.'s ( TSE:4272 ) investors are due to receive a payment of ¥22.50 per share on 1st of July. The...
New Risk • Feb 10New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Cash payout ratio: 146% Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Feb 07+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal ending March 31, 2024. For the full year, the company expects to pay a dividend of ¥22.50 against ¥25 paid last year.
New Risk • Feb 02New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Cash payout ratio: 146% Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • Feb 02Third quarter 2024 earnings released: JP¥19.67 loss per share (vs JP¥23.57 profit in 3Q 2023)Third quarter 2024 results: JP¥19.67 loss per share (down from JP¥23.57 profit in 3Q 2023). Revenue: JP¥51.8b (up 1.9% from 3Q 2023). Net loss: JP¥3.26b (down 182% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Nov 10Nippon Kayaku Co., Ltd. Announces Dividend for the Second Quarter of the Year Ending March 31, 2024, Payable on December 1, 2023Nippon Kayaku Co., Ltd. announced dividend for the second quarter of the year ending March 31, 2024. For the second quarter, the company expects to pay JPY 22.50 against JPY 20.00 reported a year ago. Scheduled date for start of dividend payments is December 1, 2023.
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥20.69 (vs JP¥31.63 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.69 (down from JP¥31.63 in 2Q 2023). Revenue: JP¥49.3b (down 9.4% from 2Q 2023). Net income: JP¥3.43b (down 36% from 2Q 2023). Profit margin: 7.0% (down from 9.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 01Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 202,300 million, operating income of JPY 6,000 million, profit attributable to owners of parent of JPY 5,800 million and profit attributable to owners of parent per share of JPY 34.98 compared to previously expected net sales of JPY 202,300 million, operating income of JPY 13,000 million, profit attributable to owners of parent of JPY 10,500 million and profit attributable to owners of parent per share of JPY 63.34.
お知らせ • Oct 31Nippon Kayaku Co., Ltd. Revises Consolidated Earnings Guidance for the Six Months Ended September 30, 2023Nippon Kayaku Co., Ltd. revised consolidated earnings guidance for the six months ended September 30, 2023. For the period, the company expects revised net sales of JPY 97,900 million, operating income of JPY 4,800 million, profit attributable to owners of parent of JPY 6,100 million and profit attributable to owners of parent per share of JPY 36.79 compared to previously expected net sales of JPY 97,100 million, operating income of JPY 5,300 million, profit attributable to owners of parent of JPY 4,400 million and profit attributable to owners of parent per share of JPY 26.54.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).
お知らせ • Aug 04Nippon Kayaku Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Ending March 31, 2024Nippon Kayaku Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal ending March 31, 2024. For the first half, The company expects net sales to be JPY 97,100 million, Operating profit to be JPY 5,300 million, profit attributable to owners of parent to be JPY 4,400 million or JPY 26.54 per share.For the full year, The company expects net sales to be JPY 202,300 million, Operating profit to be JPY 13,000 million, profit attributable to owners of parent to be JPY 10,500 million or JPY 63.34 per share.
New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.9% Last year net profit margin: 9.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Profit margins are more than 30% lower than last year (5.9% net profit margin).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥16.05 (vs JP¥35.41 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.05 (down from JP¥35.41 in 1Q 2023). Revenue: JP¥48.6b (flat on 1Q 2023). Net income: JP¥2.66b (down 55% from 1Q 2023). Profit margin: 5.5% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
お知らせ • May 22+ 2 more updatesNippon Kayaku Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Nippon Kayaku Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • May 20Full year 2023 earnings released: EPS: JP¥89.36 (vs JP¥102 in FY 2022)Full year 2023 results: EPS: JP¥89.36 (down from JP¥102 in FY 2022). Revenue: JP¥198.4b (up 7.3% from FY 2022). Net income: JP¥15.0b (down 13% from FY 2022). Profit margin: 7.6% (down from 9.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
お知らせ • Feb 03+ 1 more updateNippon Kayaku Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Nippon Kayaku Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the end of year, company expects dividend of JPY 20.00 per share compared to JPY 25.00 per share a year ago.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥23.57 (vs JP¥28.85 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.57 (down from JP¥28.85 in 3Q 2022). Revenue: JP¥50.9b (up 3.3% from 3Q 2022). Net income: JP¥3.96b (down 18% from 3Q 2022). Profit margin: 7.8% (down from 9.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 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 Seiichi Fusamura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 12Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 28, 2023Nippon Kayaku Co., Ltd., Annual General Meeting, Jun 28, 2023.
