Kaken Pharmaceutical Co., Ltd. logo

Kaken Pharmaceutical Co., Ltd.

4521.T

JPXHealthcareDrug Manufacturers - Specialty & Generic

Latest quote

¥3,980

−¥5.00 · -0.13%

Aug 24, 3:30 PM JST

4521.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Kaken Pharmaceutical Co., Ltd. is involved in the development, manufacturing, and commercialization of a diverse range of medical goods, health devices, and agricultural chemicals, serving both domestic and global markets. Their extensive product portfolio includes specialized treatments like Clenafin, a topical solution for fungal nail infections; Artz, an agent combating osteoarthritis; Seprafilm, an absorbable film preventing surgical adhesions; Fiblast, a spray designed for pressure and skin ulcer healing; Regroth for periodontal tissue regeneration; and Hernicore, which addresses lumbar disc herniation. They also market Adofeed, a plaster for pain and inflammation relief; Ebrantil for dysuria and hypertension management; Procylin, an oral prostaglandin I2 analogue; Lipidil, used to treat high cholesterol; Mentax, an anti-fungal cream; and Loxoprofen Na Tape, another pain-relieving and anti-inflammatory patch. Additionally, Ropion is offered as an injectable pain medication. The company's agricultural and animal health division provides products such as Polyoxins, a fungicidal agent; Pentoxazone, a herbicide for rice crops; and Salinomycin, an anti-coccidial feed additive for poultry. Kaken Pharmaceutical is actively advancing several investigational compounds. BBI-4000 has completed its Phase III clinical trials for primary axillary hyperhidrosis, while KMW-1 is also in Phase III for managing eschar removal in thermal burns. KAR is being developed for hide lice infestation, and KP-607 is currently in Phase II for the treatment of onychomycosis. Beyond pharmaceuticals, the firm also manages the rental of the commercial property, Bunkyo Green Court. Its products are sold under various brand names, including Mentax Lotrimin Ultra, Mentax Butena, Mentax, Kaifen, Fiblast, and Jublia. The company holds licensing agreements with Corbus Pharmaceuticals Holdings, Inc. and Arbor Pharmaceuticals, LLC. Established in 1917, Kaken Pharmaceutical Co., Ltd. has its main office situated in Tokyo, Japan.

Industry
Drug Manufacturers - Specialty & Generic
Sector
Healthcare
Headquarters
JP
CEO
Hiroyuki Horiuchi
Listed since
Jan 1, 2001
Employees
1,114

Market position

Day range

Current ¥3,980

52-week range

Current ¥3,980

Open
¥4,000
Previous close
¥3,985
Volume
92.1K
0.74× average
Average volume
125.24K
Average daily volume
Market cap
150.72B JPY
Beta
0.13
Market reference 1
50-day average
¥3,870.7
+2.82% above average
200-day average
¥4,013.25
-0.83% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
116.09B JPY
P/E (TTM)
14.62×
P/B (TTM)
0.99×
P/S (TTM)
1.71×
EV / EBITDA
20.43×
Earnings yield
1.37%
Free cash flow yield
-8.97%
Dividend yield
4.77%

Profitability & efficiency

Gross margin
57.95%
Operating margin
11.33%
Net margin
11.70%
Return on equity
1.45%
Return on assets
1.20%
Return on invested capital
-0.52%

Financial health

Debt / equity
0.03×
Current ratio
4.52×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends68%43%18%-7%Gross margin, FY2022: 54.68%Gross margin, FY2023: 54.20%Gross margin, FY2024: 53.49%Gross margin, FY2025: 61.96%Gross margin, FY2026: 51.05%Operating margin, FY2022: 22.44%Operating margin, FY2023: 10.96%Operating margin, FY2024: 13.20%Operating margin, FY2025: 22.37%Operating margin, FY2026: -1.17%Net margin, FY2022: 12.56%Net margin, FY2023: 7.45%Net margin, FY2024: 11.14%Net margin, FY2025: 14.83%Net margin, FY2026: 2.79%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 54.68%. Gross margin FY2023 54.20%. Gross margin FY2024 53.49%. Gross margin FY2025 61.96%. Gross margin FY2026 51.05%. Operating margin FY2022 22.44%. Operating margin FY2023 10.96%. Operating margin FY2024 13.20%. Operating margin FY2025 22.37%. Operating margin FY2026 -1.17%. Net margin FY2022 12.56%. Net margin FY2023 7.45%. Net margin FY2024 11.14%. Net margin FY2025 14.83%. Net margin FY2026 2.79%.

Income trends

Revenue

76.87B JPY-18.25%

Operating income

−899M JPY−21.94B JPY

Net income

2.14B JPY-84.63%
Income trends across reported periods103.53B JPY65.55B JPY27.58B JPY−10.39B JPYRevenue, FY2022: 76.03B JPYRevenue, FY2023: 72.98B JPYRevenue, FY2024: 72.04B JPYRevenue, FY2025: 94.04B JPYRevenue, FY2026: 76.87B JPYOperating income, FY2022: 17.06B JPYOperating income, FY2023: 8B JPYOperating income, FY2024: 9.51B JPYOperating income, FY2025: 21.04B JPYOperating income, FY2026: −899M JPYNet income, FY2022: 9.55B JPYNet income, FY2023: 5.44B JPYNet income, FY2024: 8.03B JPYNet income, FY2025: 13.95B JPYNet income, FY2026: 2.14B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 76.03B JPY. Revenue FY2023 72.98B JPY. Revenue FY2024 72.04B JPY. Revenue FY2025 94.04B JPY. Revenue FY2026 76.87B JPY. Operating income FY2022 17.06B JPY. Operating income FY2023 8B JPY. Operating income FY2024 9.51B JPY. Operating income FY2025 21.04B JPY. Operating income FY2026 −899M JPY. Net income FY2022 9.55B JPY. Net income FY2023 5.44B JPY. Net income FY2024 8.03B JPY. Net income FY2025 13.95B JPY. Net income FY2026 2.14B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue76.87B JPY94.04B JPY72.04B JPY72.98B JPY76.03B JPY
Cost of goods sold37.63B JPY35.77B JPY33.51B JPY33.43B JPY34.46B JPY
Gross profit39.24B JPY58.26B JPY38.54B JPY39.56B JPY41.58B JPY
Research and development20.59B JPY18.73B JPY12.54B JPY15.79B JPY8.42B JPY
Selling, general, and administrative19.55B JPY18.5B JPY16.17B JPY15.48B JPY15.83B JPY
Operating expenses40.14B JPY37.23B JPY29.03B JPY31.55B JPY24.51B JPY
Interest income275M JPY77M JPY8M JPY7M JPY6M JPY
Interest expense45M JPY28M JPY17M JPY17M JPY17M JPY
Depreciation and amortization3.33B JPY2.55B JPY2.75B JPY2.57B JPY2.48B JPY
Operating income−899M JPY21.04B JPY9.51B JPY8B JPY17.06B JPY
Net income2.14B JPY13.95B JPY8.03B JPY5.44B JPY9.55B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 2 misses, 0 met estimates
Average EPS surprise
-29.10%
2 comparable reports
Latest EPS result
222.86

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates368.64186.223.79-178.63Q4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26MissQ2 '26MissQ3 '26No estimate
Q4 2024, reported Nov 8, 2024: actual 330.9, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 6, 2025: actual 129.08, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual -140.89, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 7.13, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 19.03, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 6, 2026: actual 10.71, estimate 24.79, surprise -56.80%, Miss. Q2 2026, reported May 13, 2026: actual 19.7, estimate 19.98, surprise -1.40%, Miss. Q3 2026, reported Aug 7, 2026: actual 222.86, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates34.44B28.54B22.63B16.72BQ1 '25No estimateQ2 '25MissQ3 '25No estimateQ4 '25MetQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 24.62B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 18.05B JPY, estimate 33.12B JPY, surprise -45.51%, Miss. Q3 2025, reported Aug 7, 2025: actual 18.87B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 10, 2025: actual 20.49B JPY, estimate 20.49B JPY, surprise 0.00%, Met estimate. Q1 2026, reported Feb 6, 2026: actual 18.26B JPY, estimate 19.37B JPY, surprise -5.75%, Miss. Q2 2026, reported May 13, 2026: actual 19.25B JPY, estimate 22.69B JPY, surprise -15.14%, Miss. Q3 2026, reported Aug 7, 2026: actual 30.15B JPY, estimate 30.2B JPY, surprise -0.15%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 30.28B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥170

2025 complete year+13.3% since 2021

2026 partial: ¥95.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥95.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥95.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥95.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Sep 29, 2025

¥95.00

Semi-Annual

Record Sep 30, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Mar 28, 2025

¥75.00

Annual

Record Mar 31, 2025 · Payment Jun 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥115

Special

Record Sep 30, 2024 · Payment Nov 29, 2024

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