Okura Industrial Co., Ltd. logo

Okura Industrial Co., Ltd.

4221.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥5,630

−¥50.00 · -0.88%

Aug 24, 3:30 PM JST

4221.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Okura Industrial Co., Ltd., headquartered in Marugame, Japan, is a manufacturer and distributor of an extensive range of polyethylene and polypropylene products. The company's diverse offerings include specialized films and adhesives catering to numerous industries. For the automotive sector, it provides dedicated films and metal part adhesives. Its packaging solutions are comprehensive, encompassing films for food trays, livestock, shrink wrapping, liquid filling, laminates, commercial transport, mail order, logistics, and general protective wraps. Okura Industrial also produces an array of functional and specialty films, such as those for optics (e.g., phase difference, polarizing plate protection, self-adhesive protective films), flexographic printing, laminates, environmental applications, and various barrier films (e.g., endo barriers). In the construction domain, its products include curing films, architectural films, and films for steel plate lamination. The agricultural sector benefits from its wide selection of films for soil insulation, temperature regulation, pest repulsion, color schemes, antibacterial properties, biodegradability, greenhouse construction, and liquid fertilizer application. Additionally, the company manufactures particle boards, OA equipment parts, and daily necessity films. Okura Industrial Co., Ltd. serves a broad client base across key sectors such as automotive, food, medical/pharmaceutical, general packaging, optics/information electronics, architecture, agriculture, and consumer goods. Originally founded in 1947 as Shikoku Industry Co., Ltd., the company rebranded to Okura Industrial Co., Ltd. in November 1955.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Eiji Fukuda
Listed since
Jan 1, 2001
Employees
1,883

Market position

Volume
27.1K
0.52× average
Average volume
52.58K
Average daily volume
Market cap
63.6B JPY
Beta
0.66
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
54.11B JPY
P/E (TTM)
12.72×
P/B (TTM)
0.97×
P/S (TTM)
0.67×
EV / EBITDA
4.82×
Earnings yield
6.89%
Free cash flow yield
5.01%
Dividend yield
3.73%

Profitability & efficiency

Gross margin
21.36%
Operating margin
8.34%
Net margin
5.23%
Return on equity
6.05%
Return on assets
3.70%
Return on invested capital
6.10%

Financial health

Debt / equity
0.3×
Current ratio
1.53×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%15%9%2%Gross margin, FY2021: 16.41%Gross margin, FY2022: 17.24%Gross margin, FY2023: 18.88%Gross margin, FY2024: 18.69%Gross margin, FY2025: 19.96%Operating margin, FY2021: 5.79%Operating margin, FY2022: 4.88%Operating margin, FY2023: 6.28%Operating margin, FY2024: 5.62%Operating margin, FY2025: 7.14%Net margin, FY2021: 3.86%Net margin, FY2022: 4.90%Net margin, FY2023: 5.47%Net margin, FY2024: 5.37%Net margin, FY2025: 4.40%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.41%. Gross margin FY2022 17.24%. Gross margin FY2023 18.88%. Gross margin FY2024 18.69%. Gross margin FY2025 19.96%. Operating margin FY2021 5.79%. Operating margin FY2022 4.88%. Operating margin FY2023 6.28%. Operating margin FY2024 5.62%. Operating margin FY2025 7.14%. Net margin FY2021 3.86%. Net margin FY2022 4.90%. Net margin FY2023 5.47%. Net margin FY2024 5.37%. Net margin FY2025 4.40%.

Income trends

Revenue

86.66B JPY+6.73%

Operating income

6.19B JPY+35.54%

Net income

3.82B JPY-12.48%
Income trends across reported periods96.92B JPY62.92B JPY28.92B JPY−5.08B JPYRevenue, FY2021: 88.42B JPYRevenue, FY2022: 77.26B JPYRevenue, FY2023: 78.86B JPYRevenue, FY2024: 81.19B JPYRevenue, FY2025: 86.66B JPYOperating income, FY2021: 5.12B JPYOperating income, FY2022: 3.77B JPYOperating income, FY2023: 4.96B JPYOperating income, FY2024: 4.56B JPYOperating income, FY2025: 6.19B JPYNet income, FY2021: 3.42B JPYNet income, FY2022: 3.79B JPYNet income, FY2023: 4.32B JPYNet income, FY2024: 4.36B JPYNet income, FY2025: 3.82B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 88.42B JPY. Revenue FY2022 77.26B JPY. Revenue FY2023 78.86B JPY. Revenue FY2024 81.19B JPY. Revenue FY2025 86.66B JPY. Operating income FY2021 5.12B JPY. Operating income FY2022 3.77B JPY. Operating income FY2023 4.96B JPY. Operating income FY2024 4.56B JPY. Operating income FY2025 6.19B JPY. Net income FY2021 3.42B JPY. Net income FY2022 3.79B JPY. Net income FY2023 4.32B JPY. Net income FY2024 4.36B JPY. Net income FY2025 3.82B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue86.66B JPY81.19B JPY78.86B JPY77.26B JPY88.42B JPY
Cost of goods sold69.36B JPY66.02B JPY63.97B JPY63.94B JPY73.91B JPY
Gross profit17.3B JPY15.17B JPY14.89B JPY13.32B JPY14.51B JPY
Research and development1.59B JPY1.48B JPY1.3B JPY1.18B JPY1.05B JPY
Selling, general, and administrative2.96B JPY2.91B JPY8.41B JPY2.82B JPY2.78B JPY
Operating expenses11.11B JPY10.61B JPY9.93B JPY9.54B JPY9.38B JPY
Interest income92M JPY55M JPY8M JPY7M JPY
Interest expense58M JPY31M JPY17M JPY21M JPY84M JPY
Depreciation and amortization5.03B JPY5.4B JPY4.17B JPY4.25B JPY4.5B JPY
Operating income6.19B JPY4.56B JPY4.96B JPY3.77B JPY5.12B JPY
Net income3.82B JPY4.36B JPY4.32B JPY3.79B JPY3.42B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
199.92

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates213.52150.8288.1125.41Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 13, 2024: actual 91.05, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 72.36, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 108.47, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 114.41, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 30, 2025: actual 82.41, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual 29.89, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 30, 2026: actual 130.54, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 30, 2026: actual 199.92, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates29.61B26.18B22.75B19.32BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 21.85B JPY, estimate 20.46B JPY, surprise +6.80%, Beat. Q2 2025, reported Apr 30, 2025: actual 21.69B JPY, estimate 21.21B JPY, surprise +2.22%, Beat. Q3 2025, reported Aug 8, 2025: actual 21.87B JPY, estimate 22.3B JPY, surprise -1.95%, Miss. Q4 2025, reported Oct 30, 2025: actual 20.68B JPY, estimate 21.95B JPY, surprise -5.78%, Miss. Q1 2026, reported Feb 12, 2026: actual 22.43B JPY, estimate 21.07B JPY, surprise +6.45%, Beat. Q2 2026, reported Apr 30, 2026: actual 24.03B JPY, estimate 23.8B JPY, surprise +0.95%, Beat. Q3 2026, reported Jul 30, 2026: actual 28.47B JPY, estimate 25.37B JPY, surprise +12.21%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 26.1B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥195

2025 complete year+178.6% since 2021

2026 partial: ¥110

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥130

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥110

Annual

Record Jun 30, 2026 · Payment Sep 2, 2026

Dividend

Ex-dividend Dec 29, 2025

¥100

Special

Record Dec 31, 2025 · Payment Mar 25, 2026

Dividend

Ex-dividend Jun 27, 2025

¥95.00

Special

Record Jun 30, 2025 · Payment Sep 2, 2025

Dividend

Ex-dividend Dec 27, 2024

¥105

Annual

Record Dec 31, 2024 · Payment Mar 27, 2025

Dividend

Ex-dividend Jun 27, 2024

¥55.00

Semi-Annual

Record Jun 30, 2024 · Payment Sep 3, 2024

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