DIC Corporation logo

DIC Corporation

4631.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥5,154

−¥36.00 · -0.69%

Aug 24, 2:42 PM JST

4631.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

DIC Corporation operates as a global producer and distributor of printing inks, organic pigments, and advanced polyphenylene sulfide (PPS) compounds. Its extensive operations are organized into three principal segments: Packaging & Graphic, Color & Display, and Functional Products. The Packaging & Graphic division supplies a broad array of printing consumables, encompassing diverse inks such as gravure, flexo, offset, news, security, jet, and metal decoration inks, alongside specialized packaging adhesives, coextruded multilayer films, polystyrene, and various other packaging-centric solutions. Within the Color & Display segment, the company provides an extensive selection of colorants, including organic pigments, specialized pigments for color filters and cosmetics, effect pigments, natural colorants, and health food ingredients, in addition to display materials like liquid crystal compounds. The Functional Products segment delivers high-performance materials featuring a diverse array of resins (e.g., coating, UV-curable, waterborne, acrylic, polyurethane, epoxy, phenolic, polyester/alkyd, unsaturated polyester), fluorochemicals, modifiers, alkylphenols, metal carboxylates, sulfur-based chemicals, and specialized textile and leather coloring agents. This segment further encompasses composite materials such as PPS and other functional compounds, masterbatches for fibers and films, industrial adhesive and magnetic tapes, hollow fiber membrane modules, construction materials, decorative papers, sheets, and films, as well as plastic pallets. Offerings also extend to DLP 3D printing materials and blue-green algal polysaccharides. DIC Corporation's varied product portfolio caters to numerous sectors, including electronics, automotive, packaging, healthcare, color and display technologies, home equipment/infrastructure, and the broader functional material industry. Established in Tokyo, Japan, in 1908, the company was formerly known as Dainippon Ink and Chemicals, Incorporated, and rebranded as DIC Corporation in April 2008.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Takashi Ikeda
Listed since
Jan 1, 2001
Employees
20,884

Market position

Day range

Current ¥5,154

52-week range

Current ¥5,154

Open
¥5,180
Previous close
¥5,190
Volume
280.1K
0.46× average
Average volume
611.88K
Average daily volume
Market cap
488.02B JPY
Beta
0.61
Market reference 1
50-day average
¥4,865.66
+5.93% above average
200-day average
¥4,169.09
+23.62% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
735.23B JPY
P/E (TTM)
8.65×
P/B (TTM)
0.96×
P/S (TTM)
0.43×
EV / EBITDA
6.51×
Earnings yield
9.35%
Free cash flow yield
9.06%
Dividend yield
4.27%

Profitability & efficiency

Gross margin
22.85%
Operating margin
6.87%
Net margin
5.03%
Return on equity
6.87%
Return on assets
2.54%
Return on invested capital
3.23%

Financial health

Debt / equity
0.85×
Current ratio
1.62×
Altman Z-score
1.93
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 trends24%14%4%-6%Gross margin, FY2021: 20.73%Gross margin, FY2022: 18.90%Gross margin, FY2023: 17.94%Gross margin, FY2024: 20.74%Gross margin, FY2025: 21.67%Operating margin, FY2021: 5.01%Operating margin, FY2022: 3.76%Operating margin, FY2023: 1.73%Operating margin, FY2024: 4.16%Operating margin, FY2025: 4.96%Net margin, FY2021: 0.51%Net margin, FY2022: 1.67%Net margin, FY2023: -3.84%Net margin, FY2024: 1.99%Net margin, FY2025: 3.07%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.73%. Gross margin FY2022 18.90%. Gross margin FY2023 17.94%. Gross margin FY2024 20.74%. Gross margin FY2025 21.67%. Operating margin FY2021 5.01%. Operating margin FY2022 3.76%. Operating margin FY2023 1.73%. Operating margin FY2024 4.16%. Operating margin FY2025 4.96%. Net margin FY2021 0.51%. Net margin FY2022 1.67%. Net margin FY2023 -3.84%. Net margin FY2024 1.99%. Net margin FY2025 3.07%.

Income trends

Revenue

1.05T JPY-1.77%

Operating income

52.19B JPY+17.23%

Net income

32.35B JPY+51.79%
Income trends across reported periods1.18T JPY737.83B JPY293.44B JPY−150.96B JPYRevenue, FY2021: 855.38B JPYRevenue, FY2022: 1.05T JPYRevenue, FY2023: 1.04T JPYRevenue, FY2024: 1.07T JPYRevenue, FY2025: 1.05T JPYOperating income, FY2021: 42.89B JPYOperating income, FY2022: 39.68B JPYOperating income, FY2023: 17.94B JPYOperating income, FY2024: 44.52B JPYOperating income, FY2025: 52.19B JPYNet income, FY2021: 4.37B JPYNet income, FY2022: 17.61B JPYNet income, FY2023: −39.86B JPYNet income, FY2024: 21.31B JPYNet income, FY2025: 32.35B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 855.38B JPY. Revenue FY2022 1.05T JPY. Revenue FY2023 1.04T JPY. Revenue FY2024 1.07T JPY. Revenue FY2025 1.05T JPY. Operating income FY2021 42.89B JPY. Operating income FY2022 39.68B JPY. Operating income FY2023 17.94B JPY. Operating income FY2024 44.52B JPY. Operating income FY2025 52.19B JPY. Net income FY2021 4.37B JPY. Net income FY2022 17.61B JPY. Net income FY2023 −39.86B JPY. Net income FY2024 21.31B JPY. Net income FY2025 32.35B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue1.05T JPY1.07T JPY1.04T JPY1.05T JPY855.38B JPY
Cost of goods sold824.23B JPY848.93B JPY852.36B JPY854.98B JPY678.06B JPY
Gross profit227.97B JPY222.2B JPY186.38B JPY199.22B JPY177.32B JPY
Research and development15.96B JPY16.31B JPY17.19B JPY15.14B JPY13.5B JPY
Selling, general, and administrative159.81B JPY161.36B JPY151.24B JPY144.4B JPY120.92B JPY
Operating expenses175.78B JPY177.68B JPY168.43B JPY159.54B JPY134.43B JPY
Interest income2.81B JPY3.49B JPY6.08B JPY1.97B JPY1.22B JPY
Interest expense6.34B JPY8.48B JPY11.27B JPY4.51B JPY2.18B JPY
Depreciation and amortization54.97B JPY53.93B JPY53.1B JPY48.79B JPY38.05B JPY
Operating income52.19B JPY44.52B JPY17.94B JPY39.68B JPY42.89B JPY
Net income32.35B JPY21.31B JPY−39.86B JPY17.61B JPY4.37B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
189.98

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates215.37156.1997.0237.84Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 44.52, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 11, 2025: actual 112.82, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 64.41, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 73.86, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 91.25, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 16, 2026: actual 112.19, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 202.71, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 10, 2026: actual 189.98, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates322.91B298.18B273.45B248.71BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 263.46B JPY, estimate 273.4B JPY, surprise -3.64%, Miss. Q2 2025, reported May 15, 2025: actual 262.11B JPY, estimate 269.25B JPY, surprise -2.65%, Miss. Q3 2025, reported Aug 8, 2025: actual 261.13B JPY, estimate 278.3B JPY, surprise -6.17%, Miss. Q4 2025, reported Nov 12, 2025: actual 262.63B JPY, estimate 264.81B JPY, surprise -0.82%, Miss. Q1 2026, reported Feb 16, 2026: actual 266.32B JPY, estimate 266.85B JPY, surprise -0.20%, Miss. Q2 2026, reported May 15, 2026: actual 282.81B JPY, estimate 271.9B JPY, surprise +4.01%, Beat. Q3 2026, reported Aug 10, 2026: actual 310.49B JPY, estimate 303.5B JPY, surprise +2.30%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 305.4B JPY, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 28, 2016

1:10

4631.T peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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