Adeka Corporation logo

Adeka Corporation

4401.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥4,579

+¥7.00 · +0.15%

Aug 24, 1:20 PM JST

4401.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Adeka Corporation operates across three core business segments: chemicals, food products, and life sciences. Its extensive chemicals division offers a broad portfolio of specialized products. These include polymer additives such as antioxidants, UV stabilizers, nucleating agents, metal deactivators, flame retardants, and various epoxy-based stabilizers and processing aids like plasticizers. Adeka also manufactures light and thermal curing materials, encompassing initiators, polymerizable substances, resist materials, thermal paper components, and essential materials for semiconductors and circuits. The company’s chemical offerings further extend to functional polymers, including water-borne, epoxy, and urethane resins, as well as surface specialties like general-purpose and functional surfactants, cosmetic ingredients, and lubricant additives. Other key chemical products range from propylene glycol, peroxygen chemicals, and metal soaps to inorganic compounds, alongside specific materials for civil engineering and construction, such as joint fillers and sealing compounds. These chemical solutions cater to a diverse array of sectors, including electronics, IT, plastics, rubber, personal care, industrial manufacturing, liquid crystal displays, automotive, building and construction, and the paints, coatings, and adhesives industries. Beyond chemicals, Adeka is a prominent producer of food products, sold under the RISU BRAND. Its culinary offerings feature margarines, shortenings, oils and fats for chocolate, frying oils, whipping and concentrated milk creams, various fillings, frozen pie doughs, mayonnaise, dressings, and functional foods. The corporation also diversifies its operations into other key services. These include plant facility design, construction, and management, alongside facility maintenance, logistics, warehousing, vehicle leasing, real estate, and insurance agency activities. Established in 1917, the company was initially known as Asahi Denka Co., Ltd., before officially changing its name to Adeka Corporation in May 2006. Adeka is headquartered in Tokyo, Japan.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Hidetaka Shirozume
Listed since
Jan 1, 2001
Employees
5,434

Market position

Day range

Current ¥4,579

52-week range

Current ¥4,579

Open
¥4,589
Previous close
¥4,572
Volume
134.9K
0.28× average
Average volume
485.81K
Average daily volume
Market cap
444.05B JPY
Beta
0.87
Market reference 1
50-day average
¥4,227.22
+8.32% above average
200-day average
¥4,086.56
+12.05% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
328.12B JPY
P/E (TTM)
14.45×
P/B (TTM)
1.39×
P/S (TTM)
1.03×
EV / EBITDA
5.02×
Earnings yield
7.70%
Free cash flow yield
5.67%
Dividend yield
2.45%

Profitability & efficiency

Gross margin
28.98%
Operating margin
10.72%
Net margin
7.25%
Return on equity
8.89%
Return on assets
4.98%
Return on invested capital
6.59%

Financial health

Debt / equity
0.15×
Current ratio
3.07×
Altman Z-score
3.45
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%22%12%2%Gross margin, FY2021: 28.09%Gross margin, FY2022: 25.94%Gross margin, FY2023: 27.86%Gross margin, FY2024: 30.02%Gross margin, FY2025: 28.50%Operating margin, FY2021: 9.42%Operating margin, FY2022: 8.03%Operating margin, FY2023: 8.86%Operating margin, FY2024: 10.07%Operating margin, FY2025: 9.99%Net margin, FY2021: 6.56%Net margin, FY2022: 4.16%Net margin, FY2023: 5.75%Net margin, FY2024: 6.15%Net margin, FY2025: 6.69%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.09%. Gross margin FY2022 25.94%. Gross margin FY2023 27.86%. Gross margin FY2024 30.02%. Gross margin FY2025 28.50%. Operating margin FY2021 9.42%. Operating margin FY2022 8.03%. Operating margin FY2023 8.86%. Operating margin FY2024 10.07%. Operating margin FY2025 9.99%. Net margin FY2021 6.56%. Net margin FY2022 4.16%. Net margin FY2023 5.75%. Net margin FY2024 6.15%. Net margin FY2025 6.69%.

Income trends

Revenue

416.56B JPY+2.31%

Operating income

41.62B JPY+1.47%

Net income

27.87B JPY+11.37%
Income trends across reported periods456.54B JPY296.63B JPY136.71B JPY−23.2B JPYRevenue, FY2021: 361.23B JPYRevenue, FY2022: 403.34B JPYRevenue, FY2023: 399.77B JPYRevenue, FY2024: 407.15B JPYRevenue, FY2025: 416.56B JPYOperating income, FY2021: 34.03B JPYOperating income, FY2022: 32.37B JPYOperating income, FY2023: 35.43B JPYOperating income, FY2024: 41.01B JPYOperating income, FY2025: 41.62B JPYNet income, FY2021: 23.69B JPYNet income, FY2022: 16.78B JPYNet income, FY2023: 22.98B JPYNet income, FY2024: 25.02B JPYNet income, FY2025: 27.87B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 361.23B JPY. Revenue FY2022 403.34B JPY. Revenue FY2023 399.77B JPY. Revenue FY2024 407.15B JPY. Revenue FY2025 416.56B JPY. Operating income FY2021 34.03B JPY. Operating income FY2022 32.37B JPY. Operating income FY2023 35.43B JPY. Operating income FY2024 41.01B JPY. Operating income FY2025 41.62B JPY. Net income FY2021 23.69B JPY. Net income FY2022 16.78B JPY. Net income FY2023 22.98B JPY. Net income FY2024 25.02B JPY. Net income FY2025 27.87B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue416.56B JPY407.15B JPY399.77B JPY403.34B JPY361.23B JPY
Cost of goods sold297.86B JPY284.94B JPY288.38B JPY298.71B JPY259.78B JPY
Gross profit118.7B JPY122.21B JPY111.39B JPY104.63B JPY101.45B JPY
Research and development17.57B JPY16.13B JPY15.04B JPY14.48B JPY
Selling, general, and administrative77.09B JPY63.63B JPY59.83B JPY57.22B JPY52.94B JPY
Operating expenses77.09B JPY81.19B JPY75.96B JPY72.26B JPY67.42B JPY
Interest income2.61B JPY2.17B JPY2.2B JPY1.55B JPY306M JPY
Interest expense3.59B JPY3.45B JPY3.72B JPY2.47B JPY839M JPY
Depreciation and amortization18.84B JPY17.56B JPY17.07B JPY16B JPY15.6B JPY
Operating income41.62B JPY41.01B JPY35.43B JPY32.37B JPY34.03B JPY
Net income27.87B JPY25.02B JPY22.98B JPY16.78B JPY23.69B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
110.1

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates115.2590.3665.4840.59Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual 45.74, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 75.87, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 57.13, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 71.22, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 51.17, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 74.46, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 81.1, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 110.1, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates127.05B114.44B101.83B89.22BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 101.31B JPY, estimate 105.86B JPY, surprise -4.30%, Miss. Q2 2025, reported May 14, 2025: actual 110.76B JPY, estimate 122.16B JPY, surprise -9.33%, Miss. Q3 2025, reported Aug 8, 2025: actual 101.6B JPY, estimate 99.17B JPY, surprise +2.45%, Beat. Q4 2025, reported Nov 11, 2025: actual 94.11B JPY, estimate 98.22B JPY, surprise -4.18%, Miss. Q1 2026, reported Feb 10, 2026: actual 101.08B JPY, estimate 103.3B JPY, surprise -2.14%, Miss. Q2 2026, reported May 14, 2026: actual 119.77B JPY, estimate 116.24B JPY, surprise +3.04%, Beat. Q3 2026, reported Aug 7, 2026: actual 117.04B JPY, estimate 105.53B JPY, surprise +10.91%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 102.27B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥104

2025 complete year+100.0% since 2021

2026 partial: ¥60.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 30, 2026

¥66.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 30, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥66.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥60.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 22, 2026

Dividend

Ex-dividend Sep 29, 2025

¥52.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 4, 2025

Dividend

Ex-dividend Mar 28, 2025

¥52.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 23, 2025

Dividend

Ex-dividend Sep 27, 2024

¥48.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 5, 2024

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