Dai Nippon Toryo Company,Limited logo

Dai Nippon Toryo Company,Limited

4611.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥1,529

+¥26.00 · +1.73%

Aug 24, 3:30 PM JST

4611.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Dai Nippon Toryo Company, Limited, established in Osaka, Japan, in 1929, operates globally as a manufacturer and supplier of diverse coatings and jet inks. The company offers a wide array of products, including anticorrosive coatings crucial for protecting the steel frames of buildings, bridges, industrial facilities, and concrete structures. Its decorative coating range features water-based, volatile organic compound (VOC)-free options for interior use, as well as thermal insulation coatings that reflect sunlight and dissipate heat when applied to roofs and walls. Specialized coatings are also provided for the automotive industry, covering components such as bumpers, door mirrors, and various other interior and exterior parts. For industrial purposes, their coatings are applied to items like curtain walls, aluminum sashes, steel furniture, agricultural and construction equipment, heavy and light electrical machinery, pre-coated metals (PCM), and exterior building materials. Beyond material products, Dai Nippon Toryo conducts workshops to educate coating professionals. The company further innovates with nanoparticle series products, which include metallic and inorganic oxides possessing unique optical, electrical, and other functional characteristics. Additionally, it supplies inkjet coating systems and engages in the distribution of coating equipment and related services.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Takayuki Sato
Listed since
Jan 1, 2001
Employees
2,522

Market position

Day range

Current ¥1,529

52-week range

Current ¥1,529

Open
¥1,514
Previous close
¥1,503
Volume
72.1K
0.75× average
Average volume
96.64K
Average daily volume
Market cap
43.67B JPY
Beta
0.51
Market reference 1
50-day average
¥1,386.84
+10.25% above average
200-day average
¥1,335.48
+14.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
38.7B JPY
P/E (TTM)
17.35×
P/B (TTM)
0.66×
P/S (TTM)
0.45×
EV / EBITDA
5.61×
Earnings yield
4.84%
Free cash flow yield
-5.70%
Dividend yield
3.79%

Profitability & efficiency

Gross margin
28.24%
Operating margin
5.12%
Net margin
2.60%
Return on equity
2.52%
Return on assets
1.23%
Return on invested capital
1.82%

Financial health

Debt / equity
0.25×
Current ratio
1.37×
Altman Z-score
1.78
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%22%11%-1%Gross margin, FY2021: 29.36%Gross margin, FY2022: 28.30%Gross margin, FY2023: 30.31%Gross margin, FY2024: 30.98%Gross margin, FY2025: 27.60%Operating margin, FY2021: 4.75%Operating margin, FY2022: 5.42%Operating margin, FY2023: 6.81%Operating margin, FY2024: 6.50%Operating margin, FY2025: 4.07%Net margin, FY2021: 3.03%Net margin, FY2022: 4.75%Net margin, FY2023: 6.39%Net margin, FY2024: 13.01%Net margin, FY2025: 1.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.36%. Gross margin FY2022 28.30%. Gross margin FY2023 30.31%. Gross margin FY2024 30.98%. Gross margin FY2025 27.60%. Operating margin FY2021 4.75%. Operating margin FY2022 5.42%. Operating margin FY2023 6.81%. Operating margin FY2024 6.50%. Operating margin FY2025 4.07%. Net margin FY2021 3.03%. Net margin FY2022 4.75%. Net margin FY2023 6.39%. Net margin FY2024 13.01%. Net margin FY2025 1.80%.

Income trends

Revenue

93.76B JPY+29.30%

Operating income

3.82B JPY-19.08%

Net income

1.69B JPY-82.11%
Income trends across reported periods102.97B JPY66.14B JPY29.31B JPY−7.52B JPYRevenue, FY2021: 66.95B JPYRevenue, FY2022: 72.85B JPYRevenue, FY2023: 71.94B JPYRevenue, FY2024: 72.51B JPYRevenue, FY2025: 93.76B JPYOperating income, FY2021: 3.18B JPYOperating income, FY2022: 3.95B JPYOperating income, FY2023: 4.9B JPYOperating income, FY2024: 4.72B JPYOperating income, FY2025: 3.82B JPYNet income, FY2021: 2.03B JPYNet income, FY2022: 3.46B JPYNet income, FY2023: 4.6B JPYNet income, FY2024: 9.44B JPYNet income, FY2025: 1.69B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 66.95B JPY. Revenue FY2022 72.85B JPY. Revenue FY2023 71.94B JPY. Revenue FY2024 72.51B JPY. Revenue FY2025 93.76B JPY. Operating income FY2021 3.18B JPY. Operating income FY2022 3.95B JPY. Operating income FY2023 4.9B JPY. Operating income FY2024 4.72B JPY. Operating income FY2025 3.82B JPY. Net income FY2021 2.03B JPY. Net income FY2022 3.46B JPY. Net income FY2023 4.6B JPY. Net income FY2024 9.44B JPY. Net income FY2025 1.69B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue93.76B JPY72.51B JPY71.94B JPY72.85B JPY66.95B JPY
Cost of goods sold67.88B JPY50.05B JPY50.14B JPY52.23B JPY47.29B JPY
Gross profit25.88B JPY22.46B JPY21.8B JPY20.62B JPY19.66B JPY
Research and development2.17B JPY2.15B JPY2.02B JPY1.97B JPY
Selling, general, and administrative22.02B JPY15.65B JPY14.81B JPY14.72B JPY14.56B JPY
Operating expenses22.06B JPY17.75B JPY16.9B JPY16.67B JPY16.47B JPY
Interest income104M JPY127M JPY51M JPY15M JPY17M JPY
Interest expense225M JPY81M JPY72M JPY71M JPY65M JPY
Depreciation and amortization3.09B JPY2.48B JPY2.38B JPY2.4B JPY2.55B JPY
Operating income3.82B JPY4.72B JPY4.9B JPY3.95B JPY3.18B JPY
Net income1.69B JPY9.44B JPY4.6B JPY3.46B JPY2.03B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
42.42

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates218135.7553.51-28.74Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 54.58, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 6, 2025: actual 35, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 200.98, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 13.4, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 35.92, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 21.56, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual -11.72, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 42.42, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates26.42B23.08B19.73B16.39BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 18.65B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 6, 2025: actual 18.97B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 17.4B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 22.3B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 23.67B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 24.28B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 23.51B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 25.41B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥49.00

2025 complete year+96.0% since 2021

2026 partial: ¥58.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥58.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥58.00

Annual

Record Mar 31, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Mar 28, 2025

¥49.00

Annual

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Mar 28, 2024

¥35.00

Annual

Record Mar 31, 2024 · Payment Jun 28, 2024

Dividend

Ex-dividend Mar 30, 2023

¥25.00

Annual

Record Mar 31, 2023 · Payment Jun 30, 2023

Dividend

Ex-dividend Mar 30, 2022

¥25.00

Annual

Record Mar 31, 2022 · Payment Jun 30, 2022

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