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Ishihara Sangyo Kaisha,Ltd. logo

Ishihara Sangyo Kaisha,Ltd.

4028.T

JPXBasic MaterialsChemicals - Specialty

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Latest quote

¥3,160

+¥15.00 · +0.48%

Aug 24, 11:30 AM JST

4028.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Ishihara Sangyo Kaisha, Ltd. is a global producer and distributor of both organic and inorganic chemicals, with its operations spanning Japan, Asia, the United States, Europe, and other international markets. A key segment of its product line consists of TIPAQUE brand titanium dioxide (TiO2) offerings. These encompass white pigments, widely utilized in the production of items such as paints, inks, plastics, and paper, alongside yellow pigments. Additionally, the company provides an array of functional materials, including ultrafine TiO2, ultrafine ZnO, electro-conductive substances, photocatalytic TiO2, high-purity TiO2, titanium tetrachloride, TiO2 for catalytic applications, acicular TiO2, glass coatings, and battery components. Its broader chemical portfolio also features matting agents, heat-shielding substances, and various agrochemicals like herbicides, fungicides, insecticides, and nematicides. Furthermore, Ishihara Sangyo supplies animal healthcare products, pharmaceutical reagents, and CF3-Pyridine organic intermediates specifically for pharmaceutical research. The company, which maintains its corporate headquarters in Osaka, Japan, was established in 1920.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Hiroshi Okubo
Listed since
Jan 1, 2001
Employees
1,813

Market position

Day range

Current ¥3,160

52-week range

Current ¥3,160

Open
¥3,145
Previous close
¥3,145
Volume
45.4K
0.11× average
Average volume
395.6K
Average daily volume
Market cap
120.92B JPY
Beta
0.78
Market reference 1
50-day average
¥2,963.86
+6.62% above average
200-day average
¥2,963.28
+6.64% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
146.95B JPY
P/E (TTM)
9.37×
P/B (TTM)
0.95×
P/S (TTM)
0.8×
EV / EBITDA
6.14×
Earnings yield
15.75%
Free cash flow yield
5.20%
Dividend yield
3.80%

Profitability & efficiency

Gross margin
32.14%
Operating margin
10.60%
Net margin
8.52%
Return on equity
12.90%
Return on assets
6.92%
Return on invested capital
7.41%

Financial health

Debt / equity
0.53×
Current ratio
3.11×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%24%13%3%Gross margin, FY2021: 30.71%Gross margin, FY2022: 26.74%Gross margin, FY2023: 28.29%Gross margin, FY2024: 28.30%Gross margin, FY2025: 32.06%Operating margin, FY2021: 10.42%Operating margin, FY2022: 6.58%Operating margin, FY2023: 8.79%Operating margin, FY2024: 7.22%Operating margin, FY2025: 12.32%Net margin, FY2021: 10.54%Net margin, FY2022: 5.29%Net margin, FY2023: 5.77%Net margin, FY2024: 5.79%Net margin, FY2025: 10.74%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.71%. Gross margin FY2022 26.74%. Gross margin FY2023 28.29%. Gross margin FY2024 28.30%. Gross margin FY2025 32.06%. Operating margin FY2021 10.42%. Operating margin FY2022 6.58%. Operating margin FY2023 8.79%. Operating margin FY2024 7.22%. Operating margin FY2025 12.32%. Net margin FY2021 10.54%. Net margin FY2022 5.29%. Net margin FY2023 5.77%. Net margin FY2024 5.79%. Net margin FY2025 10.74%.

Income trends

Revenue

154.9B JPY+6.68%

Operating income

19.08B JPY+81.99%

Net income

16.64B JPY+97.80%
Income trends across reported periods169.69B JPY110.51B JPY51.33B JPY−7.85B JPYRevenue, FY2021: 110.96B JPYRevenue, FY2022: 131.24B JPYRevenue, FY2023: 138.46B JPYRevenue, FY2024: 145.2B JPYRevenue, FY2025: 154.9B JPYOperating income, FY2021: 11.56B JPYOperating income, FY2022: 8.63B JPYOperating income, FY2023: 12.17B JPYOperating income, FY2024: 10.48B JPYOperating income, FY2025: 19.08B JPYNet income, FY2021: 11.69B JPYNet income, FY2022: 6.95B JPYNet income, FY2023: 7.99B JPYNet income, FY2024: 8.41B JPYNet income, FY2025: 16.64B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 110.96B JPY. Revenue FY2022 131.24B JPY. Revenue FY2023 138.46B JPY. Revenue FY2024 145.2B JPY. Revenue FY2025 154.9B JPY. Operating income FY2021 11.56B JPY. Operating income FY2022 8.63B JPY. Operating income FY2023 12.17B JPY. Operating income FY2024 10.48B JPY. Operating income FY2025 19.08B JPY. Net income FY2021 11.69B JPY. Net income FY2022 6.95B JPY. Net income FY2023 7.99B JPY. Net income FY2024 8.41B JPY. Net income FY2025 16.64B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue154.9B JPY145.2B JPY138.46B JPY131.24B JPY110.96B JPY
Cost of goods sold105.23B JPY104.1B JPY99.29B JPY96.15B JPY76.88B JPY
Gross profit49.67B JPY41.1B JPY39.16B JPY35.09B JPY34.08B JPY
Research and development—10.74B JPY9.76B JPY9.16B JPY8.17B JPY
Selling, general, and administrative30.59B JPY19.88B JPY17.91B JPY17.3B JPY14.36B JPY
Operating expenses30.59B JPY30.61B JPY27B JPY26.46B JPY22.52B JPY
Interest income179M JPY261M JPY191M JPY40M JPY16M JPY
Interest expense832M JPY1.37B JPY1.26B JPY902M JPY797M JPY
Depreciation and amortization4.86B JPY5.74B JPY5.31B JPY5.33B JPY4.65B JPY
Operating income19.08B JPY10.48B JPY12.17B JPY8.63B JPY11.56B JPY
Net income16.64B JPY8.41B JPY7.99B JPY6.95B JPY11.69B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
26.47

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates202.9110.1617.41-75.33Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual -56.14, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 28.05, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 172.9, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 123.82, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 6, 2025: actual 23.84, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 103.41, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 183.71, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 26.47, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates48.7B42.14B35.58B29.03BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 30.9B JPY, estimate 33.2B JPY, surprise -6.93%, Miss. Q2 2025, reported May 8, 2025: actual 39.77B JPY, estimate 42.38B JPY, surprise -6.14%, Miss. Q3 2025, reported Aug 8, 2025: actual 42.56B JPY, estimate 38.3B JPY, surprise +11.13%, Beat. Q4 2025, reported Nov 6, 2025: actual 33.9B JPY, estimate 33.14B JPY, surprise +2.29%, Beat. Q1 2026, reported Feb 13, 2026: actual 31.61B JPY, estimate 32.2B JPY, surprise -1.82%, Miss. Q2 2026, reported May 12, 2026: actual 46.83B JPY, estimate 45.61B JPY, surprise +2.65%, Beat. Q3 2026, reported Aug 7, 2026: actual 39.29B JPY, estimate 37.75B JPY, surprise +4.08%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 35.15B JPY, surprise —, Comparison unavailable.

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ETFs holding 4028.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
266.7M
Weight
0.01%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥418.5+0.12%
Avantis International Small Cap Value ETF logoAvantis International Small Cap Value ETFAVDV
Market value
15.97M
Weight
0.08%
AUM
20.24B USD
Expense ratio
0.36%
Price / 1D
$111.95+1.06%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
8.18M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
JPMorgan International Value ETF logoJPMorgan International Value ETFJIVE
Market value
6.09M
Weight
0.16%
AUM
3.8B USD
Expense ratio
0.55%
Price / 1D
$98.09+0.89%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
5.22M
Weight
0.00%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
5.01M
Weight
0.10%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
WisdomTree Japan Hedged Equity Fund logoWisdomTree Japan Hedged Equity FundDXJ
Market value
3.26M
Weight
0.05%
AUM
7.11B USD
Expense ratio
0.48%
Price / 1D
$177.54+1.10%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
2.21M
Weight
0.02%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%

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