Kaneka Corporation

TSE:4118 Stock Report

Market Cap: JP¥346.2b

Kaneka Past Earnings Performance

Past criteria checks 4/6

Kaneka has been growing earnings at an average annual rate of 2.2%, while the Chemicals industry saw earnings growing at 5.4% annually. Revenues have been growing at an average rate of 5.4% per year. Kaneka's return on equity is 6.2%, and it has net margins of 3.8%.

Key information

2.16%

Earnings growth rate

3.30%

EPS growth rate

Chemicals Industry Growth6.58%
Revenue growth rate5.43%
Return on equity6.25%
Net Margin3.82%
Next Earnings Update13 Aug 2026

Recent past performance updates

Analysis Article • May 21

We Think You Should Be Aware Of Some Concerning Factors In Kaneka's (TSE:4118) Earnings

Kaneka Corporation's ( TSE:4118 ) healthy profit numbers didn't contain any surprises for investors. We believe that...

Recent updates

Analysis Article • May 21

We Think You Should Be Aware Of Some Concerning Factors In Kaneka's (TSE:4118) Earnings

Kaneka Corporation's ( TSE:4118 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Analysis Article • Feb 16

Kaneka (TSE:4118) Has Announced A Dividend Of ¥80.00

The board of Kaneka Corporation ( TSE:4118 ) has announced that it will pay a dividend of ¥80.00 per share on the 8th...
Analysis Article • Feb 12

Kaneka Corporation (TSE:4118) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in Kaneka Corporation ( TSE:4118 ) had a good week, as its shares rose 2.8% to close at JP¥5,041 following...
Analysis Article • Jan 15

Calculating The Intrinsic Value Of Kaneka Corporation (TSE:4118)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Kaneka fair value estimate is JP¥5,711 Kaneka's JP¥4,640 share...
Analysis Article • Dec 07

Kaneka's (TSE:4118) Dividend Will Be ¥80.00

Kaneka Corporation ( TSE:4118 ) has announced that it will pay a dividend of ¥80.00 per share on the 8th of June. This...
Analysis Article • Nov 19

Impressive Earnings May Not Tell The Whole Story For Kaneka (TSE:4118)

Kaneka Corporation ( TSE:4118 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Analysis Article • Sep 01

Kaneka's (TSE:4118) Shareholders Will Receive A Bigger Dividend Than Last Year

Kaneka Corporation's ( TSE:4118 ) dividend will be increasing from last year's payment of the same period to ¥80.00 on...
Analysis Article • Jul 24

Kaneka's (TSE:4118) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Kaneka Corporation ( TSE:4118 ) has announced that it will be paying its dividend of ¥80.00 on the 5th of...
Analysis Article • Jul 10

Kaneka (TSE:4118) Is Increasing Its Dividend To ¥80.00

Kaneka Corporation ( TSE:4118 ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article • Apr 28

There's No Escaping Kaneka Corporation's (TSE:4118) Muted Earnings

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 13x, you may consider Kaneka...
Analysis Article • Apr 09

Is Kaneka (TSE:4118) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 21

Kaneka (TSE:4118) Will Pay A Dividend Of ¥60.00

Kaneka Corporation ( TSE:4118 ) has announced that it will pay a dividend of ¥60.00 per share on the 6th of June. This...
Analysis Article • Feb 18

Kaneka (TSE:4118) Is Due To Pay A Dividend Of ¥60.00

The board of Kaneka Corporation ( TSE:4118 ) has announced that it will pay a dividend of ¥60.00 per share on the 6th...
Analysis Article • Jan 27

Kaneka Corporation's (TSE:4118) Shares Lagging The Market But So Is The Business

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Kaneka...
Analysis Article • Nov 20

Kaneka's (TSE:4118) Earnings Are Weaker Than They Seem

Investors were disappointed with Kaneka Corporation's ( TSE:4118 ) earnings, despite the strong profit numbers. We did...
Analysis Article • Nov 13

Kaneka's (TSE:4118) Returns Have Hit A Wall

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article • Aug 03

These 4 Measures Indicate That Kaneka (TSE:4118) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jul 12

Kaneka Corporation (TSE:4118) Might Not Be As Mispriced As It Looks

Kaneka Corporation's ( TSE:4118 ) price-to-earnings (or "P/E") ratio of 11.8x might make it look like a buy right now...
Analysis Article • May 22

Kaneka's (TSE:4118) Profits May Not Reveal Underlying Issues

The market shrugged off Kaneka Corporation's ( TSE:4118 ) solid earnings report. We did some digging and believe...
Analysis Article • Mar 21

Investors Aren't Entirely Convinced By Kaneka Corporation's (TSE:4118) Earnings

There wouldn't be many who think Kaneka Corporation's ( TSE:4118 ) price-to-earnings (or "P/E") ratio of 14.1x is worth...

Revenue & Expenses Breakdown

How Kaneka makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSE:4118 Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26811,63830,977143,22239,891
31 Dec 25802,43026,013189,9880
30 Sep 25808,66526,196140,41339,342
30 Jun 25807,50022,537186,4870
31 Mar 25807,20025,309137,84639,342
31 Dec 24800,62227,518139,56535,397
30 Sep 24788,14924,485135,88635,397
30 Jun 24777,94426,012132,77535,397
31 Mar 24762,30223,220128,39835,397
31 Dec 23753,40617,556127,31932,669
30 Sep 23745,33515,337124,86332,669
30 Jun 23745,82216,731123,76632,669
31 Mar 23755,82123,008123,86032,669
31 Dec 22749,95723,356126,37430,894
30 Sep 22741,86528,289124,81330,894
30 Jun 22720,16329,248120,47530,894
31 Mar 22691,53026,487115,97430,894
31 Dec 21664,65828,193115,79427,820
30 Sep 21640,97928,121112,27527,820
30 Jun 21614,88823,151108,99727,820
31 Mar 21577,42615,831105,54227,820
31 Dec 20570,53114,430103,71329,389
30 Sep 20568,37310,433103,85729,389
30 Jun 20579,33610,949105,99329,389
31 Mar 20601,51414,003107,86129,389
31 Dec 19605,89516,789107,63928,963
30 Sep 19614,84517,598107,08828,963
30 Jun 19617,59419,444105,79228,963
31 Mar 19621,04322,238104,41428,963
31 Dec 18617,82620,517103,16628,039
30 Sep 18609,93722,642101,40828,039
30 Jun 18604,11123,09599,89828,039
31 Mar 18596,14221,57199,01128,039
31 Dec 17586,07123,26798,69028,513
30 Sep 17570,29820,95697,35628,513
30 Jun 17556,46620,64595,88028,513
31 Mar 17548,22220,48496,31428,513
31 Dec 16546,10517,53698,56526,767
30 Sep 16545,56620,21996,38726,767
30 Jun 16551,91120,43594,89626,767
31 Mar 16555,22720,98591,96726,767
31 Dec 15555,38824,38992,80423,319
30 Sep 15558,66422,50491,56923,319

Quality Earnings: 4118 has a large one-off gain of ¥13.4B impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: 4118's current net profit margins (3.8%) are higher than last year (3.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 4118's earnings have grown by 2.2% per year over the past 5 years.

Accelerating Growth: 4118's earnings growth over the past year (22.4%) exceeds its 5-year average (2.2% per year).

Earnings vs Industry: 4118 earnings growth over the past year (22.4%) exceeded the Chemicals industry 11%.

Return on Equity

High ROE: 4118's Return on Equity (6.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 16:28
End of Day Share Price 2026/07/06 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

Kaneka Corporation is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyoji ChibaBofA Global Research
Takao KanaiCitigroup Inc
Keita IkedaDaiwa Securities Co. Ltd.