Zeon Corporation logo

Zeon Corporation

4205.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥2,396.5

−¥3.00 · -0.13%

Aug 24, 3:30 PM JST

4205.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Zeon Corporation, based in Tokyo, Japan, and established in 1950, operates across diverse sectors including elastomers, specialized materials, and various other ventures. Its elastomers segment encompasses the production of synthetic rubbers, including general-purpose types utilized in automotive tires, alongside specialized rubbers such as NBR and hydrogenated NBR. The company also supplies synthetic latex varieties like styrene-butadiene copolymer latex, polybutadiene, and acrylonitrile butadiene copolymer latex, which find application in areas such as paper processing, fiber treatment, adhesives, paints, and rubber gloves. Furthermore, it produces materials for adhesive tapes, hot melt adhesives, binders for road marking paints, and additives for concrete. In specialty chemicals, Zeon provides synthetic aromatic compounds for the flavor and fragrance industries, as well as cyclopentene, cyclopentanone, and their derivatives for chemical synthesis. They also offer intermediates crucial for pharmaceuticals and agrochemicals, alongside solvents and cleaning agents. For the electronics industry, the firm offers electronic materials, components for rechargeable batteries, and toners, all essential for manufacturing semiconductors, etching gases, and battery production. Its specialty plastics range includes cyclo olefin polymers (COP) and sophisticated products derived from COP, which are employed in optical lenses, medical apparatus, and a variety of common engineering plastics. Beyond materials, Zeon is involved in the development, manufacturing, and sales of medical devices for cardiovascular and gastrointestinal health, in addition to nutritional supplements. The company also engages in technology transfer, licensing its butadiene recovery and butene purification processes to around 23 countries globally. A notable product offering is PENTAM, an energy- and resource-efficient molded item.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Tetsuya Toyoshima
Listed since
Jan 1, 2001
Employees
4,425

Market position

Day range

Current ¥2,396.5

52-week range

Current ¥2,396.5

Open
¥2,392
Previous close
¥2,399.5
Volume
503.5K
0.49× average
Average volume
1.03M
Average daily volume
Market cap
458.56B JPY
Beta
0.94
Market reference 1
50-day average
¥2,326.38
+3.01% above average
200-day average
¥1,999.1
+19.88% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
11.15×
P/B (TTM)
1.16×
P/S (TTM)
1.1×
Dividend yield
3.17%

Profitability & efficiency

Gross margin
29.78%
Operating margin
9.55%
Net margin
9.90%

Financial health

Debt / equity
0.11×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%24%12%-0%Gross margin, FY2022: 33.27%Gross margin, FY2023: 28.21%Gross margin, FY2024: 26.82%Gross margin, FY2025: 28.11%Gross margin, FY2026: 29.24%Operating margin, FY2022: 12.28%Operating margin, FY2023: 6.99%Operating margin, FY2024: 5.36%Operating margin, FY2025: 6.97%Operating margin, FY2026: 8.44%Net margin, FY2022: 9.24%Net margin, FY2023: 2.72%Net margin, FY2024: 8.14%Net margin, FY2025: 6.23%Net margin, FY2026: 8.79%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 33.27%. Gross margin FY2023 28.21%. Gross margin FY2024 26.82%. Gross margin FY2025 28.11%. Gross margin FY2026 29.24%. Operating margin FY2022 12.28%. Operating margin FY2023 6.99%. Operating margin FY2024 5.36%. Operating margin FY2025 6.97%. Operating margin FY2026 8.44%. Net margin FY2022 9.24%. Net margin FY2023 2.72%. Net margin FY2024 8.14%. Net margin FY2025 6.23%. Net margin FY2026 8.79%.

Income trends

Revenue

411.97B JPY-2.06%

Operating income

34.78B JPY+18.61%

Net income

36.23B JPY+38.27%
Income trends across reported periods461.65B JPY297.62B JPY133.59B JPY−30.44B JPYRevenue, FY2022: 361.73B JPYRevenue, FY2023: 388.61B JPYRevenue, FY2024: 382.28B JPYRevenue, FY2025: 420.65B JPYRevenue, FY2026: 411.97B JPYOperating income, FY2022: 44.43B JPYOperating income, FY2023: 27.18B JPYOperating income, FY2024: 20.5B JPYOperating income, FY2025: 29.32B JPYOperating income, FY2026: 34.78B JPYNet income, FY2022: 33.41B JPYNet income, FY2023: 10.57B JPYNet income, FY2024: 31.1B JPYNet income, FY2025: 26.2B JPYNet income, FY2026: 36.23B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 361.73B JPY. Revenue FY2023 388.61B JPY. Revenue FY2024 382.28B JPY. Revenue FY2025 420.65B JPY. Revenue FY2026 411.97B JPY. Operating income FY2022 44.43B JPY. Operating income FY2023 27.18B JPY. Operating income FY2024 20.5B JPY. Operating income FY2025 29.32B JPY. Operating income FY2026 34.78B JPY. Net income FY2022 33.41B JPY. Net income FY2023 10.57B JPY. Net income FY2024 31.1B JPY. Net income FY2025 26.2B JPY. Net income FY2026 36.23B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue411.97B JPY420.65B JPY382.28B JPY388.61B JPY361.73B JPY
Cost of goods sold291.5B JPY302.41B JPY279.77B JPY278.97B JPY241.37B JPY
Gross profit120.46B JPY118.23B JPY102.51B JPY109.64B JPY120.36B JPY
Research and development18.23B JPY17.58B JPY15.87B JPY
Selling, general, and administrative85.69B JPY71.27B JPY63.78B JPY64.88B JPY60.06B JPY
Operating expenses85.69B JPY88.91B JPY82.01B JPY82.46B JPY75.93B JPY
Interest income228M JPY312M JPY289M JPY210M JPY295M JPY
Interest expense177M JPY157M JPY68M JPY85M JPY130M JPY
Depreciation and amortization17.23B JPY19.44B JPY20.12B JPY20.38B JPY21.47B JPY
Operating income34.78B JPY29.32B JPY20.5B JPY27.18B JPY44.43B JPY
Net income36.23B JPY26.2B JPY31.1B JPY10.57B JPY33.41B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
89%
8 beats, 1 miss, 0 met estimates
Average EPS surprise
+59.61%
9 comparable reports
Latest EPS result
66.43

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates80.3558.5536.7614.97Q4 '24MissQ1 '25BeatQ2 '25BeatQ3 '25No estimateQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26No estimate
Q4 2024, reported Oct 28, 2024: actual 19.7, estimate 31.45, surprise -37.36%, Miss. Q1 2025, reported Jan 31, 2025: actual 38.27, estimate 25.23, surprise +51.68%, Beat. Q2 2025, reported Apr 25, 2025: actual 30.69, estimate 19.04, surprise +61.19%, Beat. Q3 2025, reported Jul 30, 2025: actual 38.06, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 75.7, estimate 35.84, surprise +111.22%, Beat. Q1 2026, reported Jan 30, 2026: actual 31.59, estimate 20.58, surprise +53.50%, Beat. Q2 2026, reported May 13, 2026: actual 41.32, estimate 17.61, surprise +134.64%, Beat. Q3 2026, reported Jul 29, 2026: actual 66.43, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates113.84B106.16B98.48B90.79BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 102.08B JPY, estimate 103.5B JPY, surprise -1.37%, Miss. Q2 2025, reported Apr 25, 2025: actual 105.21B JPY, estimate 103.67B JPY, surprise +1.49%, Beat. Q3 2025, reported Jul 30, 2025: actual 103.08B JPY, estimate 102.57B JPY, surprise +0.50%, Beat. Q4 2025, reported Oct 30, 2025: actual 103.39B JPY, estimate 103.8B JPY, surprise -0.40%, Miss. Q1 2026, reported Jan 30, 2026: actual 103.24B JPY, estimate 104.4B JPY, surprise -1.11%, Miss. Q2 2026, reported May 13, 2026: actual 102.25B JPY, estimate 95.17B JPY, surprise +7.44%, Beat. Q3 2026, reported Jul 29, 2026: actual 109.47B JPY, estimate 106.09B JPY, surprise +3.18%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 102.89B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥71.00

2025 complete year+208.7% since 2021

2026 partial: ¥40.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥39.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥40.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥40.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥36.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 5, 2025

Dividend

Ex-dividend Mar 28, 2025

¥35.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥35.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 3, 2024

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