KH Neochem Co., Ltd. logo

KH Neochem Co., Ltd.

4189.T

JPXBasic MaterialsChemicals

Latest quote

¥3,405

+¥15.00 · +0.44%

Aug 24, 3:30 PM JST

4189.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Operating both domestically in Japan and across global markets, KH Neochem Co., Ltd. specializes in the research, production, and distribution of a wide array of petrochemical goods. Their extensive product portfolio encompasses various chemical compounds, including alcohols, esters, ketones, glycol ethers, synthetic fatty acids, aldehydes, diols, hydrocarbons, and functional monomers. Among their offerings are fundamental chemical substances like butyl alcohol, butyl acetate, 2-ethylhexyl alcohol, and isononyl alcohol, which find application in manufacturing paints, inks, thinners, detergents, and serve as raw materials for plasticizers and resins. Furthermore, they supply high-performance materials such as 2-ethylhexanoic acid, isononanoic acid, diacetone acrylamide, and 1,3-butylene glycol, essential for products ranging from lubricants and water-based paints to cosmetics. The company's specialized electronic materials segment includes propylene glycol monomethyl ether acetate-P and propylene glycol monomethyl ether-P, vital components for the production of LCD panels and semiconductors. Established in 1966, KH Neochem Co., Ltd. maintains its corporate headquarters in Tokyo, Japan.

Industry
Chemicals
Sector
Basic Materials
Headquarters
JP
CEO
Michio Takahashi
Listed since
Oct 12, 2016
Employees
863

Market position

Day range

Current ¥3,405

52-week range

Current ¥3,405

Open
¥3,400
Previous close
¥3,390
Volume
139.6K
0.77× average
Average volume
181.99K
Average daily volume
Market cap
119.2B JPY
Beta
0.41
Market reference 1
50-day average
¥3,069
+10.95% above average
200-day average
¥2,768.15
+23.01% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
100.13B JPY
P/E (TTM)
13.05×
P/B (TTM)
1.6×
P/S (TTM)
1.09×
EV / EBITDA
5.7×
Earnings yield
8.81%
Free cash flow yield
10.31%
Dividend yield
3.16%

Profitability & efficiency

Gross margin
24.00%
Operating margin
11.62%
Net margin
8.34%
Return on equity
11.19%
Return on assets
6.00%
Return on invested capital
8.55%

Financial health

Debt / equity
0.22×
Current ratio
1.49×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%21%12%4%Gross margin, FY2021: 27.52%Gross margin, FY2022: 21.28%Gross margin, FY2023: 19.04%Gross margin, FY2024: 21.09%Gross margin, FY2025: 21.60%Operating margin, FY2021: 16.81%Operating margin, FY2022: 10.84%Operating margin, FY2023: 8.63%Operating margin, FY2024: 10.18%Operating margin, FY2025: 9.77%Net margin, FY2021: 11.69%Net margin, FY2022: 7.03%Net margin, FY2023: 5.92%Net margin, FY2024: 6.98%Net margin, FY2025: 6.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.52%. Gross margin FY2022 21.28%. Gross margin FY2023 19.04%. Gross margin FY2024 21.09%. Gross margin FY2025 21.60%. Operating margin FY2021 16.81%. Operating margin FY2022 10.84%. Operating margin FY2023 8.63%. Operating margin FY2024 10.18%. Operating margin FY2025 9.77%. Net margin FY2021 11.69%. Net margin FY2022 7.03%. Net margin FY2023 5.92%. Net margin FY2024 6.98%. Net margin FY2025 6.78%.

Income trends

Revenue

115.1B JPY-3.89%

Operating income

11.25B JPY-7.78%

Net income

7.8B JPY-6.71%
Income trends across reported periods131.05B JPY85.88B JPY40.71B JPY−4.47B JPYRevenue, FY2021: 117.11B JPYRevenue, FY2022: 114.88B JPYRevenue, FY2023: 115.22B JPYRevenue, FY2024: 119.76B JPYRevenue, FY2025: 115.1B JPYOperating income, FY2021: 19.69B JPYOperating income, FY2022: 12.46B JPYOperating income, FY2023: 9.95B JPYOperating income, FY2024: 12.2B JPYOperating income, FY2025: 11.25B JPYNet income, FY2021: 13.69B JPYNet income, FY2022: 8.07B JPYNet income, FY2023: 6.83B JPYNet income, FY2024: 8.36B JPYNet income, FY2025: 7.8B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 117.11B JPY. Revenue FY2022 114.88B JPY. Revenue FY2023 115.22B JPY. Revenue FY2024 119.76B JPY. Revenue FY2025 115.1B JPY. Operating income FY2021 19.69B JPY. Operating income FY2022 12.46B JPY. Operating income FY2023 9.95B JPY. Operating income FY2024 12.2B JPY. Operating income FY2025 11.25B JPY. Net income FY2021 13.69B JPY. Net income FY2022 8.07B JPY. Net income FY2023 6.83B JPY. Net income FY2024 8.36B JPY. Net income FY2025 7.8B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue115.1B JPY119.76B JPY115.22B JPY114.88B JPY117.11B JPY
Cost of goods sold90.23B JPY94.5B JPY93.28B JPY90.43B JPY84.88B JPY
Gross profit24.87B JPY25.25B JPY21.94B JPY24.45B JPY32.23B JPY
Research and development1.34B JPY1.15B JPY939M JPY871M JPY1.01B JPY
Selling, general, and administrative5.53B JPY11.91B JPY11.05B JPY11.12B JPY11.54B JPY
Operating expenses13.62B JPY13.06B JPY11.99B JPY11.99B JPY12.55B JPY
Interest income209M JPY186M JPY175M JPY289M JPY136M JPY
Interest expense197M JPY101M JPY81M JPY86M JPY102M JPY
Depreciation and amortization6.33B JPY4.97B JPY4.65B JPY4.29B JPY4.5B JPY
Operating income11.25B JPY12.2B JPY9.95B JPY12.46B JPY19.69B JPY
Net income7.8B JPY8.36B JPY6.83B JPY8.07B JPY13.69B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
112.34

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates118.2589.7461.2332.72Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 5, 2024: actual 43.55, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 7, 2025: actual 92.89, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 47.98, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 4, 2025: actual 60.11, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 5, 2025: actual 48.18, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 61.88, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 11, 2026: actual 38.49, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 4, 2026: actual 112.34, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates34.3B30.95B27.61B24.26BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 32.98B JPY, estimate 31.4B JPY, surprise +5.02%, Beat. Q2 2025, reported May 8, 2025: actual 28.81B JPY, estimate 31.2B JPY, surprise -7.66%, Miss. Q3 2025, reported Aug 4, 2025: actual 29.95B JPY, estimate 31.39B JPY, surprise -4.61%, Miss. Q4 2025, reported Nov 5, 2025: actual 27.83B JPY, estimate 32.17B JPY, surprise -13.49%, Miss. Q1 2026, reported Feb 6, 2026: actual 28.51B JPY, estimate 28.91B JPY, surprise -1.39%, Miss. Q2 2026, reported May 11, 2026: actual 25.58B JPY, estimate 26.3B JPY, surprise -2.73%, Miss. Q3 2026, reported Aug 4, 2026: actual 27.72B JPY, estimate 27.37B JPY, surprise +1.28%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 28.35B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥105

2025 complete year+40.0% since 2021

2026 partial: ¥55.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 31, 2026

¥75.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 31, 2026

Dividend

Ex-dividend Jun 29, 2026

¥55.00

Semi-Annual

Record Jun 30, 2026 · Payment Sep 4, 2026

Dividend

Ex-dividend Dec 29, 2025

¥52.50

Semi-Annual

Record Dec 31, 2025 · Payment Mar 27, 2026

Dividend

Ex-dividend Jun 27, 2025

¥52.50

Semi-Annual

Record Jun 30, 2025 · Payment Sep 5, 2025

Dividend

Ex-dividend Dec 27, 2024

¥45.00

Semi-Annual

Record Dec 31, 2024 · Payment Mar 26, 2025

Dividend

Ex-dividend Jun 27, 2024

¥45.00

Semi-Annual

Record Jun 30, 2024 · Payment Sep 6, 2024

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