Kureha Corporation

TSE:4023 Stock Report

Market Cap: JP¥153.8b

Kureha Future Growth

Future criteria checks 2/6

Kureha is forecast to grow earnings and revenue by 9.9% and 3.7% per annum respectively. EPS is expected to grow by 13.5% per annum. Return on equity is forecast to be 6.7% in 3 years.

Key information

9.9%

Earnings growth rate

13.51%

EPS growth rate

Chemicals earnings growth13.0%
Revenue growth rate3.7%
Future return on equity6.65%
Analyst coverage

Low

Last updated12 Dec 2025

Recent future growth updates

Recent updates

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

Dec 11
Kureha (TSE:4023) Will Pay A Dividend Of ¥109.50

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

Sep 03
Kureha's (TSE:4023) Upcoming Dividend Will Be Larger Than Last Year's

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

Aug 29
Investors Could Be Concerned With Kureha's (TSE:4023) Returns On Capital

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

Aug 13
Kureha (TSE:4023) Will Pay A Larger Dividend Than Last Year At ¥108.00

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

Jul 23
Kureha (TSE:4023) Is Paying Out A Larger Dividend Than Last Year

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

Jul 09
Kureha (TSE:4023) Is Increasing Its Dividend To ¥108.00

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

May 20
Kureha Corporation's (TSE:4023) P/E Is Still On The Mark Following 36% Share Price Bounce

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

May 12
Are Investors Undervaluing Kureha Corporation (TSE:4023) By 47%?

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

Mar 04
Kureha's (TSE:4023) Dividend Will Be ¥43.35

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

Feb 17
Kureha's (TSE:4023) Conservative Accounting Might Explain Soft Earnings

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

Feb 03
Returns On Capital Signal Tricky Times Ahead For Kureha (TSE:4023)

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

Dec 23
Kureha (TSE:4023) Will Pay A Dividend Of ¥43.35

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

Dec 04
Kureha (TSE:4023) Has Announced A Dividend Of ¥43.35

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

Aug 06
Investors Could Be Concerned With Kureha's (TSE:4023) Returns On Capital

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

Jul 03
There May Be Some Bright Spots In Kureha's (TSE:4023) Earnings

Earnings and Revenue Growth Forecasts

TSE:4023 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028176,55012,1986,86825,7034
3/31/2027171,40011,2366,02825,2435
3/31/2026163,70010,3003,89220,5765
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
12/31/2019142,89023,54180213,939N/A
9/30/2019145,37716,9695,19119,643N/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
3/31/2015150,1829,195N/A12,533N/A
12/31/2014157,56611,280N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4023's forecast earnings growth (9.9% per year) is above the savings rate (0.6%).

Earnings vs Market: 4023's earnings (9.9% per year) are forecast to grow faster than the JP market (8.6% per year).

High Growth Earnings: 4023's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4023's revenue (3.7% per year) is forecast to grow slower than the JP market (4.6% per year).

High Growth Revenue: 4023's revenue (3.7% 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 (6.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/26 05:24
End of Day Share Price 2025/12/26 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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 7 analysts. 5 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.