Harima Chemicals Group（4410）株式概要ハリマ化成グループは、主に日本、中国、アジア、南米、北米、欧州、および国際的に様々な化学品を製造・販売している。 詳細4410 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より54.2%で取引されている 過去1年間で収益は272.7%増加しました リスク分析過去5年間で収益は年間6.3%減少しました。 多額の負債を抱えている 不安定な配当実績 JP市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る4410 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW485,942 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 NarrativeBLINRODA485,942 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥1.11k1.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-658m156b2016201920222025202620282031Revenue JP¥156.5bEarnings JP¥4.3bAdvancedSet Fair ValueView all narrativesHarima Chemicals Group, Inc. 競合他社Nippon Carbide IndustriesSymbol: TSE:4064Market cap: JP¥31.4bGun Ei Chemical IndustrySymbol: TSE:4229Market cap: JP¥29.1bKEIWASymbol: TSE:4251Market cap: JP¥23.1bKuriyama HoldingsSymbol: TSE:3355Market cap: JP¥34.3b価格と性能株価の高値、安値、推移の概要Harima Chemicals Group過去の株価現在の株価JP¥1,106.0052週高値JP¥1,208.0052週安値JP¥840.00ベータ0.241ヶ月の変化4.73%3ヶ月変化22.08%1年変化30.42%3年間の変化35.54%5年間の変化23.85%IPOからの変化-5.47%最新ニュースReported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥40.97 (vs JP¥16.20 in 1Q 2026)First quarter 2027 results: EPS: JP¥40.97 (up from JP¥16.20 in 1Q 2026). Revenue: JP¥28.7b (up 12% from 1Q 2026). Net income: JP¥996.0m (up 153% from 1Q 2026). Profit margin: 3.5% (up from 1.5% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • Jul 31New 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 7.0% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (76% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).Declared Dividend • Jul 25Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 3rd December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 17Harima Chemicals Group, Inc. to Report Q1, 2027 Results on Jul 31, 2026Harima Chemicals Group, Inc. announced that they will report Q1, 2027 results on Jul 31, 2026Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,183, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 60% over the past three years.Reported Earnings • May 01Full year 2026 earnings released: EPS: JP¥96.52 (vs JP¥31.46 in FY 2025)Full year 2026 results: EPS: JP¥96.52 (up from JP¥31.46 in FY 2025). Revenue: JP¥103.8b (up 2.7% from FY 2025). Net income: JP¥2.35b (up 207% from FY 2025). Profit margin: 2.3% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.最新情報をもっと見るRecent updatesReported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥40.97 (vs JP¥16.20 in 1Q 2026)First quarter 2027 results: EPS: JP¥40.97 (up from JP¥16.20 in 1Q 2026). Revenue: JP¥28.7b (up 12% from 1Q 2026). Net income: JP¥996.0m (up 153% from 1Q 2026). Profit margin: 3.5% (up from 1.5% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • Jul 31New 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 7.0% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (76% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).Declared Dividend • Jul 25Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 3rd December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 17Harima Chemicals Group, Inc. to Report Q1, 2027 Results on Jul 31, 2026Harima Chemicals Group, Inc. announced that they will report Q1, 2027 results on Jul 31, 2026Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,183, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 60% over the past three years.Reported Earnings • May 01Full year 2026 earnings released: EPS: JP¥96.52 (vs JP¥31.46 in FY 2025)Full year 2026 results: EPS: JP¥96.52 (up from JP¥31.46 in FY 2025). Revenue: JP¥103.8b (up 2.7% from FY 2025). Net income: JP¥2.35b (up 207% from FY 2025). Profit margin: 2.3% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 30Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2026Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2026.お知らせ • Apr 21Harima Chemicals Group, Inc. to Report Fiscal Year 2026 Results on Apr 30, 2026Harima Chemicals Group, Inc. announced that they will report fiscal year 2026 results on Apr 30, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥39.90 (vs JP¥5.32 in 3Q 2025)Third quarter 2026 results: EPS: JP¥39.90 (up from JP¥5.32 in 3Q 2025). Revenue: JP¥26.7b (flat on 3Q 2025). Net income: JP¥970.0m (up JP¥841.0m from 3Q 2025). Profit margin: 3.6% (up from 0.5% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Dec 23Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥909. The fair value is estimated to be JP¥751, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Dec 09Harima Chemicals Group, Inc. to Report Q3, 2026 Results on Jan 30, 2026Harima Chemicals Group, Inc. announced that they will report Q3, 2026 results on Jan 30, 2026Declared Dividend • Dec 04First half dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) and 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 12% 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 13% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.分析記事 • Nov 07Harima Chemicals Group's (TSE:4410) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for Harima Chemicals Group, Inc.'s ( TSE:4410 ) stock hasn't moved...Reported Earnings • Nov 01Second quarter 2026 earnings released: EPS: JP¥18.15 (vs JP¥9.48 in 2Q 2025)Second quarter 2026 results: EPS: JP¥18.15 (up from JP¥9.48 in 2Q 2025). Revenue: JP¥25.5b (flat on 2Q 2025). Net income: JP¥441.0m (up 92% from 2Q 2025). Profit margin: 1.7% (up from 0.9% in 2Q 2025). 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 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).お知らせ • Sep 09Harima Chemicals Group, Inc. to Report Q2, 2026 Results on Oct 31, 2025Harima Chemicals Group, Inc. announced that they will report Q2, 2026 results on Oct 31, 2025Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥16.20 (vs JP¥15.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.20 (up from JP¥15.06 in 1Q 2025). Revenue: JP¥25.7b (up 8.0% from 1Q 2025). Net income: JP¥393.0m (up 7.7% from 1Q 2025). Profit margin: 1.5% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Declared Dividend • Jul 09Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 5.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Jun 14Harima Chemicals Group, Inc. to Report Q1, 2026 Results on Jul 31, 2025Harima Chemicals Group, Inc. announced that they will report Q1, 2026 results on Jul 31, 2025分析記事 • May 07Impressive Earnings May Not Tell The Whole Story For Harima Chemicals Group (TSE:4410)Harima Chemicals Group, Inc. ( TSE:4410 ) announced strong profits, but the stock was stagnant. Our analysis suggests...New Risk • May 02New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 159% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Interest payments are not well covered by earnings (2.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 159% Earnings have declined by 42% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • May 01Full year 2025 earnings released: EPS: JP¥31.46 (vs JP¥47.93 loss in FY 2024)Full year 2025 results: EPS: JP¥31.46 (up from JP¥47.93 loss in FY 2024). Revenue: JP¥101.0b (up 9.4% from FY 2024). Net income: JP¥763.0m (up JP¥1.92b from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2025Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).分析記事 • Mar 07Harima Chemicals Group (TSE:4410) Has Affirmed Its Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 23rd of June...お知らせ • Mar 07Harima Chemicals Group, Inc. to Report Fiscal Year 2025 Results on Apr 30, 2025Harima Chemicals Group, Inc. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on Apr 30, 2025Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥5.32 (vs JP¥12.30 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.32 (down from JP¥12.30 in 3Q 2024). Revenue: JP¥26.6b (up 9.1% from 3Q 2024). Net income: JP¥129.0m (down 57% from 3Q 2024). Profit margin: 0.5% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.分析記事 • Jan 09Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 23rd of June...分析記事 • Dec 23Harima Chemicals Group (TSE:4410) Has Affirmed Its Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 23rd of June...お知らせ • Dec 05Harima Chemicals Group, Inc. to Report Q3, 2025 Results on Jan 31, 2025Harima Chemicals Group, Inc. announced that they will report Q3, 2025 results on Jan 31, 2025分析記事 • Dec 04Harima Chemicals Group (TSE:4410) Has Announced A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...Declared Dividend • Dec 04First half dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 23rd June 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (55% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥9.48 (vs JP¥11.06 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥9.48 (up from JP¥11.06 loss in 2Q 2024). Revenue: JP¥25.3b (up 12% from 2Q 2024). Net income: JP¥230.0m (up JP¥498.0m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).分析記事 • Sep 19Harima Chemicals Group (TSE:4410) Is Due To Pay A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Sep 02Harima Chemicals Group (TSE:4410) Is Due To Pay A Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 4th of...お知らせ • Aug 28Harima Chemicals Group, Inc. to Report Q2, 2025 Results on Oct 31, 2024Harima Chemicals Group, Inc. announced that they will report Q2, 2025 results on Oct 31, 2024分析記事 • Aug 19Harima Chemicals Group (TSE:4410) Has Announced A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥15.06 (vs JP¥5.70 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥15.06 (up from JP¥5.70 loss in 1Q 2024). Revenue: JP¥23.8b (up 5.4% from 1Q 2024). Net income: JP¥365.0m (up JP¥503.0m from 1Q 2024). Profit margin: 1.5% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.分析記事 • Jul 26Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...分析記事 • Jul 11Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 4th of...Declared Dividend • Jul 11Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 12% per year over the past 10 years. However, payments have been volatile during that time.Reported Earnings • Jun 26Full year 2024 earnings released: JP¥47.93 loss per share (vs JP¥35.73 profit in FY 2023)Full year 2024 results: JP¥47.93 loss per share (down from JP¥35.73 profit in FY 2023). Revenue: JP¥92.3b (down 2.3% from FY 2023). Net loss: JP¥1.16b (down 231% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Jun 13Harima Chemicals Group, Inc. to Report Q1, 2025 Results on Jul 31, 2024Harima Chemicals Group, Inc. announced that they will report Q1, 2025 results on Jul 31, 2024Reported Earnings • May 01Full year 2024 earnings released: JP¥47.93 loss per share (vs JP¥35.73 profit in FY 2023)Full year 2024 results: JP¥47.93 loss per share (down from JP¥35.73 profit in FY 2023). Revenue: JP¥92.3b (down 2.3% from FY 2023). Net loss: JP¥1.16b (down 231% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • May 01Harima Chemicals Group, Inc., Annual General Meeting, Jun 20, 2024Harima Chemicals Group, Inc., Annual General Meeting, Jun 20, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).分析記事 • Mar 04Harima Chemicals Group (TSE:4410) Is Paying Out A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...お知らせ • Mar 03Harima Chemicals Group, Inc. to Report Fiscal Year 2024 Results on Apr 30, 2024Harima Chemicals Group, Inc. announced that they will report fiscal year 2024 results on Apr 30, 2024Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥12.30 (vs JP¥20.03 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.30 (down from JP¥20.03 in 3Q 2023). Revenue: JP¥24.3b (down 2.4% from 3Q 2023). Net income: JP¥298.0m (down 40% from 3Q 2023). Profit margin: 1.2% (down from 2.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Feb 01Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Harima Chemicals Group, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 93,000 million, operating loss of JPY 450 million, net loss attributable to company of JPY 800 million and net loss per share of JPY 33.01.お知らせ • Nov 29Harima Chemicals Group, Inc. to Report Q3, 2024 Results on Jan 31, 2024Harima Chemicals Group, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: JP¥11.06 loss per share (vs JP¥23.88 profit in 2Q 2023)Second quarter 2024 results: JP¥11.06 loss per share (down from JP¥23.88 profit in 2Q 2023). Revenue: JP¥22.7b (down 8.2% from 2Q 2023). Net loss: JP¥268.0m (down 145% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥21.00 per share at 4.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).お知らせ • Sep 16Harima Chemicals Group, Inc. to Report Q2, 2024 Results on Oct 31, 2023Harima Chemicals Group, Inc. announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Aug 01First quarter 2024 earnings released: JP¥5.70 loss per share (vs JP¥35.57 profit in 1Q 2023)First quarter 2024 results: JP¥5.70 loss per share (down from JP¥35.57 profit in 1Q 2023). Revenue: JP¥22.6b (up 1.9% from 1Q 2023). Net loss: JP¥138.0m (down 115% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.New Risk • Jul 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 106% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).お知らせ • May 28Harima Chemicals Group, Inc. to Report Q1, 2024 Results on Jul 31, 2023Harima Chemicals Group, Inc. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥35.73 (vs JP¥69.41 in FY 2022)Full year 2023 results: EPS: JP¥35.73 (down from JP¥69.41 in FY 2022). Revenue: JP¥94.5b (up 24% from FY 2022). Net income: JP¥885.0m (down 49% from FY 2022). Profit margin: 0.9% (down from 2.3% 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 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥20.03 (vs JP¥29.05 in 3Q 2022)Third quarter 2023 results: EPS: JP¥20.03 (down from JP¥29.05 in 3Q 2022). Revenue: JP¥24.9b (up 27% from 3Q 2022). Net income: JP¥493.0m (down 33% from 3Q 2022). Profit margin: 2.0% (down from 3.7% 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 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Jan 31+ 2 more updatesHarima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Harima Chemicals Group, Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 99,000 million, Operating income of JPY 2,700 million, and net income attributable to the company of JPY 2,500 million or net income per share of JPY 102.15.お知らせ • Nov 30Harima Chemicals Group, Inc. to Report Q3, 2023 Results on Jan 31, 2023Harima Chemicals Group, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). President & Representative Director Yoshihiro Hasegawa was the last director to join the board, commencing their role in 1988. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥23.88 (vs JP¥23.73 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.88. Revenue: JP¥24.7b (up 31% from 2Q 2022). Net income: JP¥596.0m (flat on 2Q 2022). Profit margin: 2.4% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses.お知らせ • Oct 31+ 1 more updateHarima Chemicals Group, Inc. Announces Dividend for the Second Quarter End of 2023, Payable December 5, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Harima Chemicals Group, Inc. announced dividend of JPY 21 per share for the second quarter end of 2023 compared to JPY 19 per share paid a year ago. Scheduled date to commence dividend payments: December 5, 2022.The company provided dividend guidance for the year ending March 31, 2023. The company expects year-end dividend of JPY 21 per share compared to JPY 19 per share paid a year ago.Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%).お知らせ • Aug 20Harima Chemicals Group, Inc. to Report Q2, 2023 Results on Oct 31, 2022Harima Chemicals Group, Inc. announced that they will report Q2, 2023 results on Oct 31, 2022Reported Earnings • Aug 02First quarter 2023 earnings released: EPS: JP¥35.56 (vs JP¥26.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.56 (up from JP¥26.10 in 1Q 2022). Revenue: JP¥22.2b (up 27% from 1Q 2022). Net income: JP¥895.0m (up 36% from 1Q 2022). Profit margin: 4.0% (up from 3.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Aug 02Harima Chemicals Group, Inc. (TSE:4410) announces an Equity Buyback for 1,000,000 shares, representing 3.97% for ¥1,000 million.Harima Chemicals Group, Inc. (TSE:4410) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 3.97% of the outstanding shares for ¥1,000 million. The purpose of the program is to carry out agile capital policy according to shareholder returns and business environment. The program will run until August 1, 2023. As of June 30, 2022, the company had 25,165,714 shares outstanding and 914,682 shares in treasury.お知らせ • Jul 02Harima Chemicals Group, Inc. to Report Q1, 2023 Results on Aug 01, 2022Harima Chemicals Group, Inc. announced that they will report Q1, 2023 results on Aug 01, 2022Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥69.41 (vs JP¥43.42 in FY 2021)Full year 2022 results: EPS: JP¥69.41 (up from JP¥43.42 in FY 2021). Revenue: JP¥76.1b (up 21% from FY 2021). Net income: JP¥1.75b (up 60% from FY 2021). Profit margin: 2.3% (up from 1.7% in FY 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 11% per year, which means it has not declined as severely as earnings.Buying Opportunity • Apr 27Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be JP¥976, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 37%.Buying Opportunity • Apr 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.0%. The fair value is estimated to be JP¥977, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 37%.お知らせ • Apr 08Harima Chemicals Group, Inc. to Report Fiscal Year 2022 Results on Apr 28, 2022Harima Chemicals Group, Inc. announced that they will report fiscal year 2022 results on Apr 28, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%).Buying Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be JP¥1,000, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% per annum over the last 3 years. Earnings per share has declined by 37% per annum over the last 3 years.Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥29.05 (up from JP¥16.16 in 3Q 2021). Revenue: JP¥19.7b (up 24% from 3Q 2021). Net income: JP¥731.0m (up 80% from 3Q 2021). Profit margin: 3.7% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% 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.Reported Earnings • Nov 01Second quarter 2022 earnings released: EPS JP¥23.73 (vs JP¥0.40 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¥18.9b (up 32% from 2Q 2021). Net income: JP¥597.0m (up JP¥607.0m from 2Q 2021). Profit margin: 3.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).Reported Earnings • Jun 29Full year 2021 earnings released: EPS JP¥43.42 (vs JP¥87.65 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥62.9b (down 13% from FY 2020). Net income: JP¥1.09b (down 51% from FY 2020). Profit margin: 1.7% (down from 3.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥43.42 (vs JP¥87.65 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥62.9b (down 13% from FY 2020). Net income: JP¥1.09b (down 51% from FY 2020). Profit margin: 1.7% (down from 3.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).お知らせ • Mar 04Harima Chemicals Group, Inc. to Report Fiscal Year 2021 Results on Apr 30, 2021Harima Chemicals Group, Inc. announced that they will report fiscal year 2021 results on Apr 30, 2021Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥16.15 (vs JP¥25.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥15.9b (down 14% from 3Q 2020). Net income: JP¥406.0m (down 36% from 3Q 2020). Profit margin: 2.6% (down from 3.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 29New 90-day low: JP¥910The company is down 15% from its price of JP¥1,075 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period.お知らせ • Dec 03Harima Chemicals Group, Inc. to Report Q3, 2021 Results on Jan 29, 2021Harima Chemicals Group, Inc. announced that they will report Q3, 2021 results on Jan 29, 2021お知らせ • Sep 23Harima Chemicals Group, Inc. to Report Q2, 2021 Results on Oct 30, 2020Harima Chemicals Group, Inc. announced that they will report Q2, 2021 results on Oct 30, 2020株主還元4410JP ChemicalsJP 市場7D11.2%-3.8%-2.5%1Y30.4%33.6%34.6%株主還元を見る業界別リターン: 4410過去 1 年間で33.6 % 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: 4410は、過去 1 年間で34.6 % のリターンを上げたJP市場を下回りました。価格変動Is 4410's price volatile compared to industry and market?4410 volatility4410 Average Weekly Movement7.0%Chemicals Industry Average Movement5.4%Market Average Movement4.4%10% most volatile stocks in JP Market9.5%10% least volatile stocks in JP Market2.2%安定した株価: 4410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: 4410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19471,691Yoshihiro Hasegawawww.harima.co.jpハリマ化成グループは、主に日本、中国、アジア、南米、北米、欧州、および海外で様々な化学品を製造・販売している。同社は、樹脂・化学品、製紙用化学品、電子材料の各セグメントを通じて事業を展開している。樹脂・化学品事業では、塗料用樹脂、印刷インキ用樹脂、合成ゴム用乳化剤、接着剤用樹脂、トール油製品などを提供している。紙用薬品事業」は、紙力剤、サイズ剤、コーティング剤、バリアコーティング剤などを提供している。電子材料事業では、はんだ材料、熱交換器用ろう材、半導体用機能性樹脂などを提供している。また、工業用洗剤などの製造・販売、不動産管理サービスも行っている。旧社名はハリマ化成(株)で、2012年10月にハリマ化成グループ(株)に社名変更した。同社は1947年に設立され、東京に本社を置く。もっと見るHarima Chemicals Group, Inc. 基礎のまとめHarima Chemicals Group の収益と売上を時価総額と比較するとどうか。4410 基礎統計学時価総額JP¥26.89b収益（TTM）JP¥2.95b売上高(TTM)JP¥106.73b9.1xPER（株価収益率0.3xP/Sレシオ4410 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4410 損益計算書（TTM）収益JP¥106.73b売上原価JP¥83.14b売上総利益JP¥23.59bその他の費用JP¥20.65b収益JP¥2.95b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）121.27グロス・マージン22.11%純利益率2.76%有利子負債／自己資本比率92.3%4410 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3.8%現在の配当利回り35%配当性向4410 配当は確実ですか？4410 配当履歴とベンチマークを見る4410 、いつまでに購入すれば配当金を受け取れますか？Harima Chemicals Group 配当日配当落ち日Sep 29 2026配当支払日Dec 03 2026配当落ちまでの日数55 days配当支払日までの日数120 days4410 配当は確実ですか？4410 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2026/08/04 00:58終値2026/08/04 00:00収益2026/06/30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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Harima Chemicals Group, Inc. 0 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。2 アナリスト機関Shigekazu IshidaMarusan Securities Co. Ltd.Hideaki KuriharaTokai Tokyo Intelligence Laboratory Co., Ltd.
Reported Earnings • Aug 01First quarter 2027 earnings released: EPS: JP¥40.97 (vs JP¥16.20 in 1Q 2026)First quarter 2027 results: EPS: JP¥40.97 (up from JP¥16.20 in 1Q 2026). Revenue: JP¥28.7b (up 12% from 1Q 2026). Net income: JP¥996.0m (up 153% from 1Q 2026). Profit margin: 3.5% (up from 1.5% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 31New 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 7.0% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (76% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
Declared Dividend • Jul 25Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 3rd December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 17Harima Chemicals Group, Inc. to Report Q1, 2027 Results on Jul 31, 2026Harima Chemicals Group, Inc. announced that they will report Q1, 2027 results on Jul 31, 2026
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,183, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • May 01Full year 2026 earnings released: EPS: JP¥96.52 (vs JP¥31.46 in FY 2025)Full year 2026 results: EPS: JP¥96.52 (up from JP¥31.46 in FY 2025). Revenue: JP¥103.8b (up 2.7% from FY 2025). Net income: JP¥2.35b (up 207% from FY 2025). Profit margin: 2.3% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% 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 • Aug 01First quarter 2027 earnings released: EPS: JP¥40.97 (vs JP¥16.20 in 1Q 2026)First quarter 2027 results: EPS: JP¥40.97 (up from JP¥16.20 in 1Q 2026). Revenue: JP¥28.7b (up 12% from 1Q 2026). Net income: JP¥996.0m (up 153% from 1Q 2026). Profit margin: 3.5% (up from 1.5% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 31New 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 7.0% 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: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (76% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
Declared Dividend • Jul 25Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 3rd December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 17Harima Chemicals Group, Inc. to Report Q1, 2027 Results on Jul 31, 2026Harima Chemicals Group, Inc. announced that they will report Q1, 2027 results on Jul 31, 2026
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,183, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 13x in the Chemicals industry in Japan. Total returns to shareholders of 60% over the past three years.
Reported Earnings • May 01Full year 2026 earnings released: EPS: JP¥96.52 (vs JP¥31.46 in FY 2025)Full year 2026 results: EPS: JP¥96.52 (up from JP¥31.46 in FY 2025). Revenue: JP¥103.8b (up 2.7% from FY 2025). Net income: JP¥2.35b (up 207% from FY 2025). Profit margin: 2.3% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 30Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2026Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2026.
お知らせ • Apr 21Harima Chemicals Group, Inc. to Report Fiscal Year 2026 Results on Apr 30, 2026Harima Chemicals Group, Inc. announced that they will report fiscal year 2026 results on Apr 30, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Jan 31Third quarter 2026 earnings released: EPS: JP¥39.90 (vs JP¥5.32 in 3Q 2025)Third quarter 2026 results: EPS: JP¥39.90 (up from JP¥5.32 in 3Q 2025). Revenue: JP¥26.7b (flat on 3Q 2025). Net income: JP¥970.0m (up JP¥841.0m from 3Q 2025). Profit margin: 3.6% (up from 0.5% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Dec 23Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥909. The fair value is estimated to be JP¥751, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Dec 09Harima Chemicals Group, Inc. to Report Q3, 2026 Results on Jan 30, 2026Harima Chemicals Group, Inc. announced that they will report Q3, 2026 results on Jan 30, 2026
Declared Dividend • Dec 04First half dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 29th June 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio) and 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 12% 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 13% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.
分析記事 • Nov 07Harima Chemicals Group's (TSE:4410) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for Harima Chemicals Group, Inc.'s ( TSE:4410 ) stock hasn't moved...
Reported Earnings • Nov 01Second quarter 2026 earnings released: EPS: JP¥18.15 (vs JP¥9.48 in 2Q 2025)Second quarter 2026 results: EPS: JP¥18.15 (up from JP¥9.48 in 2Q 2025). Revenue: JP¥25.5b (flat on 2Q 2025). Net income: JP¥441.0m (up 92% from 2Q 2025). Profit margin: 1.7% (up from 0.9% in 2Q 2025). 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 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).
お知らせ • Sep 09Harima Chemicals Group, Inc. to Report Q2, 2026 Results on Oct 31, 2025Harima Chemicals Group, Inc. announced that they will report Q2, 2026 results on Oct 31, 2025
Reported Earnings • Aug 02First quarter 2026 earnings released: EPS: JP¥16.20 (vs JP¥15.06 in 1Q 2025)First quarter 2026 results: EPS: JP¥16.20 (up from JP¥15.06 in 1Q 2025). Revenue: JP¥25.7b (up 8.0% from 1Q 2025). Net income: JP¥393.0m (up 7.7% from 1Q 2025). Profit margin: 1.5% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Declared Dividend • Jul 09Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 5.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Jun 14Harima Chemicals Group, Inc. to Report Q1, 2026 Results on Jul 31, 2025Harima Chemicals Group, Inc. announced that they will report Q1, 2026 results on Jul 31, 2025
分析記事 • May 07Impressive Earnings May Not Tell The Whole Story For Harima Chemicals Group (TSE:4410)Harima Chemicals Group, Inc. ( TSE:4410 ) announced strong profits, but the stock was stagnant. Our analysis suggests...
New Risk • May 02New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 159% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Interest payments are not well covered by earnings (2.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 159% Earnings have declined by 42% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • May 01Full year 2025 earnings released: EPS: JP¥31.46 (vs JP¥47.93 loss in FY 2024)Full year 2025 results: EPS: JP¥31.46 (up from JP¥47.93 loss in FY 2024). Revenue: JP¥101.0b (up 9.4% from FY 2024). Net income: JP¥763.0m (up JP¥1.92b from FY 2024). Profit margin: 0.8% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2025Harima Chemicals Group, Inc., Annual General Meeting, Jun 26, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
分析記事 • Mar 07Harima Chemicals Group (TSE:4410) Has Affirmed Its Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 23rd of June...
お知らせ • Mar 07Harima Chemicals Group, Inc. to Report Fiscal Year 2025 Results on Apr 30, 2025Harima Chemicals Group, Inc. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on Apr 30, 2025
Reported Earnings • Feb 01Third quarter 2025 earnings released: EPS: JP¥5.32 (vs JP¥12.30 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.32 (down from JP¥12.30 in 3Q 2024). Revenue: JP¥26.6b (up 9.1% from 3Q 2024). Net income: JP¥129.0m (down 57% from 3Q 2024). Profit margin: 0.5% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
分析記事 • Jan 09Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 23rd of June...
分析記事 • Dec 23Harima Chemicals Group (TSE:4410) Has Affirmed Its Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 23rd of June...
お知らせ • Dec 05Harima Chemicals Group, Inc. to Report Q3, 2025 Results on Jan 31, 2025Harima Chemicals Group, Inc. announced that they will report Q3, 2025 results on Jan 31, 2025
分析記事 • Dec 04Harima Chemicals Group (TSE:4410) Has Announced A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...
Declared Dividend • Dec 04First half dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 28th March 2025 Payment date: 23rd June 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (55% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥9.48 (vs JP¥11.06 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥9.48 (up from JP¥11.06 loss in 2Q 2024). Revenue: JP¥25.3b (up 12% from 2Q 2024). Net income: JP¥230.0m (up JP¥498.0m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
分析記事 • Sep 19Harima Chemicals Group (TSE:4410) Is Due To Pay A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Sep 02Harima Chemicals Group (TSE:4410) Is Due To Pay A Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 4th of...
お知らせ • Aug 28Harima Chemicals Group, Inc. to Report Q2, 2025 Results on Oct 31, 2024Harima Chemicals Group, Inc. announced that they will report Q2, 2025 results on Oct 31, 2024
分析記事 • Aug 19Harima Chemicals Group (TSE:4410) Has Announced A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥15.06 (vs JP¥5.70 loss in 1Q 2024)First quarter 2025 results: EPS: JP¥15.06 (up from JP¥5.70 loss in 1Q 2024). Revenue: JP¥23.8b (up 5.4% from 1Q 2024). Net income: JP¥365.0m (up JP¥503.0m from 1Q 2024). Profit margin: 1.5% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 26Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...
分析記事 • Jul 11Harima Chemicals Group (TSE:4410) Will Pay A Dividend Of ¥21.00Harima Chemicals Group, Inc.'s ( TSE:4410 ) investors are due to receive a payment of ¥21.00 per share on 4th of...
Declared Dividend • Jul 11Final dividend of JP¥21.00 announcedDividend of JP¥21.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 12% per year over the past 10 years. However, payments have been volatile during that time.
Reported Earnings • Jun 26Full year 2024 earnings released: JP¥47.93 loss per share (vs JP¥35.73 profit in FY 2023)Full year 2024 results: JP¥47.93 loss per share (down from JP¥35.73 profit in FY 2023). Revenue: JP¥92.3b (down 2.3% from FY 2023). Net loss: JP¥1.16b (down 231% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 13Harima Chemicals Group, Inc. to Report Q1, 2025 Results on Jul 31, 2024Harima Chemicals Group, Inc. announced that they will report Q1, 2025 results on Jul 31, 2024
Reported Earnings • May 01Full year 2024 earnings released: JP¥47.93 loss per share (vs JP¥35.73 profit in FY 2023)Full year 2024 results: JP¥47.93 loss per share (down from JP¥35.73 profit in FY 2023). Revenue: JP¥92.3b (down 2.3% from FY 2023). Net loss: JP¥1.16b (down 231% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Harima Chemicals Group, Inc., Annual General Meeting, Jun 20, 2024Harima Chemicals Group, Inc., Annual General Meeting, Jun 20, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
分析記事 • Mar 04Harima Chemicals Group (TSE:4410) Is Paying Out A Dividend Of ¥21.00The board of Harima Chemicals Group, Inc. ( TSE:4410 ) has announced that it will pay a dividend of ¥21.00 per share on...
お知らせ • Mar 03Harima Chemicals Group, Inc. to Report Fiscal Year 2024 Results on Apr 30, 2024Harima Chemicals Group, Inc. announced that they will report fiscal year 2024 results on Apr 30, 2024
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥12.30 (vs JP¥20.03 in 3Q 2023)Third quarter 2024 results: EPS: JP¥12.30 (down from JP¥20.03 in 3Q 2023). Revenue: JP¥24.3b (down 2.4% from 3Q 2023). Net income: JP¥298.0m (down 40% from 3Q 2023). Profit margin: 1.2% (down from 2.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 01Harima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024Harima Chemicals Group, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 93,000 million, operating loss of JPY 450 million, net loss attributable to company of JPY 800 million and net loss per share of JPY 33.01.
お知らせ • Nov 29Harima Chemicals Group, Inc. to Report Q3, 2024 Results on Jan 31, 2024Harima Chemicals Group, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: JP¥11.06 loss per share (vs JP¥23.88 profit in 2Q 2023)Second quarter 2024 results: JP¥11.06 loss per share (down from JP¥23.88 profit in 2Q 2023). Revenue: JP¥22.7b (down 8.2% from 2Q 2023). Net loss: JP¥268.0m (down 145% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥21.00 per share at 4.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).
お知らせ • Sep 16Harima Chemicals Group, Inc. to Report Q2, 2024 Results on Oct 31, 2023Harima Chemicals Group, Inc. announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Aug 01First quarter 2024 earnings released: JP¥5.70 loss per share (vs JP¥35.57 profit in 1Q 2023)First quarter 2024 results: JP¥5.70 loss per share (down from JP¥35.57 profit in 1Q 2023). Revenue: JP¥22.6b (up 1.9% from 1Q 2023). Net loss: JP¥138.0m (down 115% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
New Risk • Jul 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 106% The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. Earnings have declined by 23% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).
お知らせ • May 28Harima Chemicals Group, Inc. to Report Q1, 2024 Results on Jul 31, 2023Harima Chemicals Group, Inc. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • Apr 29Full year 2023 earnings released: EPS: JP¥35.73 (vs JP¥69.41 in FY 2022)Full year 2023 results: EPS: JP¥35.73 (down from JP¥69.41 in FY 2022). Revenue: JP¥94.5b (up 24% from FY 2022). Net income: JP¥885.0m (down 49% from FY 2022). Profit margin: 0.9% (down from 2.3% 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 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per share at 4.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.8%).
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥20.03 (vs JP¥29.05 in 3Q 2022)Third quarter 2023 results: EPS: JP¥20.03 (down from JP¥29.05 in 3Q 2022). Revenue: JP¥24.9b (up 27% from 3Q 2022). Net income: JP¥493.0m (down 33% from 3Q 2022). Profit margin: 2.0% (down from 3.7% 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 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31+ 2 more updatesHarima Chemicals Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Harima Chemicals Group, Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 99,000 million, Operating income of JPY 2,700 million, and net income attributable to the company of JPY 2,500 million or net income per share of JPY 102.15.
お知らせ • Nov 30Harima Chemicals Group, Inc. to Report Q3, 2023 Results on Jan 31, 2023Harima Chemicals Group, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). President & Representative Director Yoshihiro Hasegawa was the last director to join the board, commencing their role in 1988. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥23.88 (vs JP¥23.73 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.88. Revenue: JP¥24.7b (up 31% from 2Q 2022). Net income: JP¥596.0m (flat on 2Q 2022). Profit margin: 2.4% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses.
お知らせ • Oct 31+ 1 more updateHarima Chemicals Group, Inc. Announces Dividend for the Second Quarter End of 2023, Payable December 5, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023Harima Chemicals Group, Inc. announced dividend of JPY 21 per share for the second quarter end of 2023 compared to JPY 19 per share paid a year ago. Scheduled date to commence dividend payments: December 5, 2022.The company provided dividend guidance for the year ending March 31, 2023. The company expects year-end dividend of JPY 21 per share compared to JPY 19 per share paid a year ago.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥21.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.9%).
お知らせ • Aug 20Harima Chemicals Group, Inc. to Report Q2, 2023 Results on Oct 31, 2022Harima Chemicals Group, Inc. announced that they will report Q2, 2023 results on Oct 31, 2022
Reported Earnings • Aug 02First quarter 2023 earnings released: EPS: JP¥35.56 (vs JP¥26.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.56 (up from JP¥26.10 in 1Q 2022). Revenue: JP¥22.2b (up 27% from 1Q 2022). Net income: JP¥895.0m (up 36% from 1Q 2022). Profit margin: 4.0% (up from 3.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 02Harima Chemicals Group, Inc. (TSE:4410) announces an Equity Buyback for 1,000,000 shares, representing 3.97% for ¥1,000 million.Harima Chemicals Group, Inc. (TSE:4410) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 3.97% of the outstanding shares for ¥1,000 million. The purpose of the program is to carry out agile capital policy according to shareholder returns and business environment. The program will run until August 1, 2023. As of June 30, 2022, the company had 25,165,714 shares outstanding and 914,682 shares in treasury.
お知らせ • Jul 02Harima Chemicals Group, Inc. to Report Q1, 2023 Results on Aug 01, 2022Harima Chemicals Group, Inc. announced that they will report Q1, 2023 results on Aug 01, 2022
Reported Earnings • Apr 30Full year 2022 earnings released: EPS: JP¥69.41 (vs JP¥43.42 in FY 2021)Full year 2022 results: EPS: JP¥69.41 (up from JP¥43.42 in FY 2021). Revenue: JP¥76.1b (up 21% from FY 2021). Net income: JP¥1.75b (up 60% from FY 2021). Profit margin: 2.3% (up from 1.7% in FY 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 11% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Apr 27Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be JP¥976, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 37%.
Buying Opportunity • Apr 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.0%. The fair value is estimated to be JP¥977, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 37%.
お知らせ • Apr 08Harima Chemicals Group, Inc. to Report Fiscal Year 2022 Results on Apr 28, 2022Harima Chemicals Group, Inc. announced that they will report fiscal year 2022 results on Apr 28, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.6%).
Buying Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.4%. The fair value is estimated to be JP¥1,000, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% per annum over the last 3 years. Earnings per share has declined by 37% per annum over the last 3 years.
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥29.05 (up from JP¥16.16 in 3Q 2021). Revenue: JP¥19.7b (up 24% from 3Q 2021). Net income: JP¥731.0m (up 80% from 3Q 2021). Profit margin: 3.7% (up from 2.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% 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.
Reported Earnings • Nov 01Second quarter 2022 earnings released: EPS JP¥23.73 (vs JP¥0.40 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¥18.9b (up 32% from 2Q 2021). Net income: JP¥597.0m (up JP¥607.0m from 2Q 2021). Profit margin: 3.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).
Reported Earnings • Jun 29Full year 2021 earnings released: EPS JP¥43.42 (vs JP¥87.65 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥62.9b (down 13% from FY 2020). Net income: JP¥1.09b (down 51% from FY 2020). Profit margin: 1.7% (down from 3.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • May 02Full year 2021 earnings released: EPS JP¥43.42 (vs JP¥87.65 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥62.9b (down 13% from FY 2020). Net income: JP¥1.09b (down 51% from FY 2020). Profit margin: 1.7% (down from 3.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥19.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.8%).
お知らせ • Mar 04Harima Chemicals Group, Inc. to Report Fiscal Year 2021 Results on Apr 30, 2021Harima Chemicals Group, Inc. announced that they will report fiscal year 2021 results on Apr 30, 2021
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥16.15 (vs JP¥25.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥15.9b (down 14% from 3Q 2020). Net income: JP¥406.0m (down 36% from 3Q 2020). Profit margin: 2.6% (down from 3.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 29New 90-day low: JP¥910The company is down 15% from its price of JP¥1,075 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period.
お知らせ • Dec 03Harima Chemicals Group, Inc. to Report Q3, 2021 Results on Jan 29, 2021Harima Chemicals Group, Inc. announced that they will report Q3, 2021 results on Jan 29, 2021
お知らせ • Sep 23Harima Chemicals Group, Inc. to Report Q2, 2021 Results on Oct 30, 2020Harima Chemicals Group, Inc. announced that they will report Q2, 2021 results on Oct 30, 2020
