Nippon Kayaku Co., Ltd. logo

Nippon Kayaku Co., Ltd.

4272.T

JPXBasic MaterialsChemicals

Latest quote

¥2,065

−¥19.50 · -0.94%

Aug 24, 3:30 PM JST

4272.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Nippon Kayaku Co., Ltd., along with its subsidiary companies, is a global enterprise based in Tokyo, Japan. Established in 1916 and originally known as Nihon Kayaku Seizou Co., Ltd. until its rebranding in 1945, the company specializes in the development, manufacturing, and sale of a diverse range of products across several key sectors. Its Functional and Chemical Business segment supplies advanced materials, including epoxy and UV-curable resins, sealants for LCD and LED screens, maleimide resins, photoresists, and insulating materials crucial for micro-electromechanical systems (MEMS), as well as various cleaning agents. This division also produces a variety of colorants, such as inkjet pigments, textile and paper dyes, and materials used in thermal paper. Furthermore, it manufactures catalysts for acrylic and methacrylic acid production, alongside optical and analytical components like polarizing films, inorganic polarizers, parts for liquid crystal displays and projectors, and components for X-ray analysis. The Pharmaceuticals Business segment focuses on healthcare, offering a portfolio that includes anti-cancer and cancer-related medications, biosimilars, generic drugs, interventional radiology products, and cardiovascular treatments. It also provides bulk pharmaceuticals, drug intermediates, and cancer diagnostic agents, notably featuring GlycoMark, a specialized marker for managing blood sugar levels in diabetes. In the Safety Systems Business segment, the company develops and produces critical automotive safety components, such as airbag inflators, micro gas generators for seatbelt pretensioners, and squibs. Finally, the Agrochemicals Business segment provides solutions for agricultural and public health needs, encompassing agricultural insecticides, herbicides, soil fumigants, and products designed for insanitary pest control. Beyond these core industrial activities, Nippon Kayaku Co., Ltd. also manages real estate leasing services.

Industry
Chemicals
Sector
Basic Materials
Headquarters
JP
CEO
Shigeyuki Kawamura
Listed since
Jun 5, 1916
Employees
5,946

Market position

52-week range

Current ¥2,065

Open
¥2,065
Previous close
¥2,084.5
Volume
394.4K
0.67× average
Average volume
585.1K
Average daily volume
Market cap
306.29B JPY
Beta
0.77
Market reference 1
50-day average
¥2,027.96
+1.83% above average
200-day average
¥1,850.17
+11.61% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
267.53B JPY
P/E (TTM)
11.8×
P/B (TTM)
1.08×
P/S (TTM)
1.2×
EV / EBITDA
5.37×
Earnings yield
9.18%
Free cash flow yield
1.40%
Dividend yield
3.20%

Profitability & efficiency

Gross margin
30.35%
Operating margin
9.75%
Net margin
10.39%
Return on equity
8.83%
Return on assets
6.18%
Return on invested capital
4.79%

Financial health

Debt / equity
0.24×
Current ratio
3.38×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%24%12%-1%Gross margin, FY2022: 34.03%Gross margin, FY2023: 33.22%Gross margin, FY2024: 29.90%Gross margin, FY2025: 31.73%Gross margin, FY2026: 30.13%Operating margin, FY2022: 11.39%Operating margin, FY2023: 10.84%Operating margin, FY2024: 3.64%Operating margin, FY2025: 9.17%Operating margin, FY2026: 9.28%Net margin, FY2022: 9.30%Net margin, FY2023: 7.55%Net margin, FY2024: 2.04%Net margin, FY2025: 7.87%Net margin, FY2026: 10.19%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 34.03%. Gross margin FY2023 33.22%. Gross margin FY2024 29.90%. Gross margin FY2025 31.73%. Gross margin FY2026 30.13%. Operating margin FY2022 11.39%. Operating margin FY2023 10.84%. Operating margin FY2024 3.64%. Operating margin FY2025 9.17%. Operating margin FY2026 9.28%. Net margin FY2022 9.30%. Net margin FY2023 7.55%. Net margin FY2024 2.04%. Net margin FY2025 7.87%. Net margin FY2026 10.19%.

Income trends

Revenue

241.85B JPY+8.66%

Operating income

22.45B JPY+10.06%

Net income

24.64B JPY+40.73%
Income trends across reported periods265.62B JPY170.53B JPY75.43B JPY−19.66B JPYRevenue, FY2022: 184.81B JPYRevenue, FY2023: 198.38B JPYRevenue, FY2024: 201.79B JPYRevenue, FY2025: 222.58B JPYRevenue, FY2026: 241.85B JPYOperating income, FY2022: 21.05B JPYOperating income, FY2023: 21.51B JPYOperating income, FY2024: 7.34B JPYOperating income, FY2025: 20.4B JPYOperating income, FY2026: 22.45B JPYNet income, FY2022: 17.18B JPYNet income, FY2023: 14.99B JPYNet income, FY2024: 4.11B JPYNet income, FY2025: 17.51B JPYNet income, FY2026: 24.64B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 184.81B JPY. Revenue FY2023 198.38B JPY. Revenue FY2024 201.79B JPY. Revenue FY2025 222.58B JPY. Revenue FY2026 241.85B JPY. Operating income FY2022 21.05B JPY. Operating income FY2023 21.51B JPY. Operating income FY2024 7.34B JPY. Operating income FY2025 20.4B JPY. Operating income FY2026 22.45B JPY. Net income FY2022 17.18B JPY. Net income FY2023 14.99B JPY. Net income FY2024 4.11B JPY. Net income FY2025 17.51B JPY. Net income FY2026 24.64B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue241.85B JPY222.58B JPY201.79B JPY198.38B JPY184.81B JPY
Cost of goods sold168.97B JPY151.95B JPY141.46B JPY132.48B JPY121.92B JPY
Gross profit72.88B JPY70.64B JPY60.33B JPY65.9B JPY62.88B JPY
Research and development15.07B JPY19.83B JPY13.33B JPY13.04B JPY
Selling, general, and administrative50.43B JPY35.16B JPY33.17B JPY31.07B JPY28.79B JPY
Operating expenses50.43B JPY50.24B JPY53B JPY44.4B JPY41.83B JPY
Interest income571M JPY906M JPY843M JPY537M JPY178M JPY
Interest expense472M JPY224M JPY127M JPY103M JPY82M JPY
Depreciation and amortization15.76B JPY14.08B JPY14.4B JPY14.24B JPY14.1B JPY
Operating income22.45B JPY20.4B JPY7.34B JPY21.51B JPY21.05B JPY
Net income24.64B JPY17.51B JPY4.11B JPY14.99B JPY17.18B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
41.08

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates51.5238.525.4812.46Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 11, 2024: actual 14.66, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 3, 2025: actual 44.81, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 26.15, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 31, 2025: actual 27.29, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 47.78, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 2, 2026: actual 37.32, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 48.79, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 3, 2026: actual 41.08, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates70.1B64.04B57.99B51.93BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 58.85B JPY, estimate 56.3B JPY, surprise +4.52%, Beat. Q2 2025, reported May 13, 2025: actual 54.63B JPY, estimate 56.05B JPY, surprise -2.53%, Miss. Q3 2025, reported Jul 31, 2025: actual 54.76B JPY, estimate 56.2B JPY, surprise -2.57%, Miss. Q4 2025, reported Nov 11, 2025: actual 58.82B JPY, estimate 57.57B JPY, surprise +2.16%, Beat. Q1 2026, reported Feb 2, 2026: actual 61.02B JPY, estimate 64B JPY, surprise -4.65%, Miss. Q2 2026, reported May 12, 2026: actual 67.25B JPY, estimate 64.9B JPY, surprise +3.62%, Beat. Q3 2026, reported Aug 3, 2026: actual 67.4B JPY, estimate 59.5B JPY, surprise +13.28%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 65.4B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥67.50

2025 complete year+125.0% since 2021

2026 partial: ¥36.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥33.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥33.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥36.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 26, 2026

Dividend

Ex-dividend Sep 29, 2025

¥30.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥37.50

Semi-Annual

Record Mar 31, 2025 · Payment Jun 27, 2025

Dividend

Ex-dividend Sep 27, 2024

¥22.50

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

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