Kureha Corporation

TSE:4023 Stock Report

Market Cap: JP¥155.0b

Kureha Future Growth

Future criteria checks 3/6

Kureha is forecast to grow earnings and revenue by 55.9% and 3.5% per annum respectively. EPS is expected to grow by 56.3% per annum. Return on equity is forecast to be 6.9% in 3 years.

Key information

55.9%

Earnings growth rate

56.27%

EPS growth rate

Chemicals earnings growth14.2%
Revenue growth rate3.5%
Future return on equity6.90%
Analyst coverage

Low

Last updated30 Apr 2026

Recent future growth updates

Recent updates

Analysis Article • Feb 05

Kureha's (TSE:4023) Dividend Will Be ¥109.50

Kureha Corporation's ( TSE:4023 ) investors are due to receive a payment of ¥109.50 per share on 3rd of June. This...
Analysis Article • Jan 07

Kureha's (TSE:4023) Returns Have Hit A Wall

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Dec 11

Kureha (TSE:4023) Will Pay A Dividend Of ¥109.50

The board of Kureha Corporation ( TSE:4023 ) has announced that it will pay a dividend on the 3rd of June, with...
Analysis Article • Sep 03

Kureha's (TSE:4023) Upcoming Dividend Will Be Larger Than Last Year's

Kureha Corporation ( TSE:4023 ) will increase its dividend from last year's comparable payment on the 3rd of December...
Analysis Article • Aug 29

Investors Could Be Concerned With Kureha's (TSE:4023) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article • Aug 13

Kureha (TSE:4023) Will Pay A Larger Dividend Than Last Year At ¥108.00

The board of Kureha Corporation ( TSE:4023 ) has announced that it will be increasing its dividend by 149% on the 3rd...
Analysis Article • Jul 23

Kureha (TSE:4023) Is Paying Out A Larger Dividend Than Last Year

Kureha Corporation ( TSE:4023 ) has announced that it will be increasing its periodic dividend on the 3rd of December...
Analysis Article • Jul 09

Kureha (TSE:4023) Is Increasing Its Dividend To ¥108.00

Kureha Corporation ( TSE:4023 ) will increase its dividend on the 3rd of December to ¥108.00, which is 149% higher than...
Analysis Article • May 20

Kureha Corporation's (TSE:4023) P/E Is Still On The Mark Following 36% Share Price Bounce

Kureha Corporation ( TSE:4023 ) shares have had a really impressive month, gaining 36% after a shaky period beforehand...
Analysis Article • May 12

Are Investors Undervaluing Kureha Corporation (TSE:4023) By 47%?

Key Insights Kureha's estimated fair value is JP¥5,116 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article • Mar 04

Kureha's (TSE:4023) Dividend Will Be ¥43.35

Kureha Corporation ( TSE:4023 ) has announced that it will pay a dividend of ¥43.35 per share on the 4th of June. This...
Analysis Article • Feb 17

Kureha's (TSE:4023) Conservative Accounting Might Explain Soft Earnings

Soft earnings didn't appear to concern Kureha Corporation's ( TSE:4023 ) shareholders over the last week. We did some...
Analysis Article • Feb 03

Returns On Capital Signal Tricky Times Ahead For Kureha (TSE:4023)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Dec 23

Kureha (TSE:4023) Will Pay A Dividend Of ¥43.35

Kureha Corporation ( TSE:4023 ) has announced that it will pay a dividend of ¥43.35 per share on the 4th of June. This...
Analysis Article • Dec 04

Kureha (TSE:4023) Has Announced A Dividend Of ¥43.35

Kureha Corporation ( TSE:4023 ) has announced that it will pay a dividend of ¥43.35 per share on the 4th of June. This...
Analysis Article • Aug 06

Investors Could Be Concerned With Kureha's (TSE:4023) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Jul 03

There May Be Some Bright Spots In Kureha's (TSE:4023) Earnings

Soft earnings didn't appear to concern Kureha Corporation's ( TSE:4023 ) shareholders over the last week. We think that...

Earnings and Revenue Growth Forecasts

TSE:4023 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2029180,50012,4005,700N/A1
3/31/2028179,00011,9874,20028,4743
3/31/2027173,55010,8452,60023,4064
3/31/2026161,688-10,6934,74728,009N/A
12/31/2025157,7669,938-4,08224,627N/A
9/30/2025157,7618,467-15,63818,704N/A
6/30/2025156,6216,991-20,60924,525N/A
3/31/2025162,0157,800-14,31229,525N/A
12/31/2024167,1317,592-4,54426,607N/A
9/30/2024171,1248,588-17,01328,458N/A
6/30/2024176,1489,367-6,60525,753N/A
3/31/2024177,9739,734-21,09911,601N/A
12/31/2023175,1519,449-14,06420,024N/A
9/30/2023178,01211,4757,63321,308N/A
6/30/2023185,75614,6454,19519,018N/A
3/31/2023191,27716,8688,50522,744N/A
12/31/2022194,21018,5019,80124,829N/A
9/30/2022191,02718,02610,06723,727N/A
6/30/2022179,77316,32111,28223,425N/A
3/31/2022168,34114,16415,99528,581N/A
12/31/2021162,00115,03216,60527,993N/A
9/30/2021157,60617,00814,81728,898N/A
6/30/2021150,95814,74716,91831,390N/A
3/31/2021144,57513,49313,82626,704N/A
12/31/2020142,6474,7809,39424,384N/A
9/30/2020138,85810,1758,39919,869N/A
6/30/2020141,83812,1241,78414,747N/A
3/31/2020142,39813,7191,50115,150N/A
12/31/2019142,89023,541N/A13,939N/A
9/30/2019145,37716,969N/A19,643N/A
6/30/2019145,73515,078N/A21,840N/A
3/31/2019148,26513,933N/A23,377N/A
12/31/2018147,89211,291N/A20,672N/A
9/30/2018150,2989,255N/A19,752N/A
6/30/2018149,44110,595N/A16,851N/A
3/31/2018147,3299,697N/A20,178N/A
12/31/2017149,1319,202N/A16,980N/A
9/30/2017141,5639,712N/A15,092N/A
6/30/2017136,4468,636N/A14,332N/A
3/31/2017132,2947,001N/A12,350N/A
12/31/2016130,5339,832N/AN/AN/A
9/30/2016133,9147,038N/A16,586N/A
6/30/2016137,9676,366N/AN/AN/A
3/31/2016142,5497,342N/A14,045N/A
12/31/2015139,4433,810N/AN/AN/A
9/30/2015145,5968,169N/A13,880N/A
6/30/2015149,1439,417N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4023 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.8%).

Earnings vs Market: 4023 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 4023 is expected to become profitable in the next 3 years.

Revenue vs Market: 4023's revenue (3.5% per year) is forecast to grow slower than the JP market (5.9% per year).

High Growth Revenue: 4023's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4023's Return on Equity is forecast to be low in 3 years time (6.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 14:49
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kureha Corporation is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Niima KomuraBofA Global Research
Yusuke MiuraDaiwa Securities Co. Ltd.
Takashi NishihiraIchiyoshi Research Institute Inc.