Arakawa Chemical Industries, Ltd. logo

Arakawa Chemical Industries, Ltd.

4968.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥2,212

−¥2.00 · -0.09%

Aug 24, 11:30 AM JST

4968.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Arakawa Chemical Industries, Ltd. is a global chemical producer with operations across Asia, China, Europe, and the United States. The company specializes in the development and sale of diverse chemical products, including performance coatings, materials for paper production, resins essential for printing inks and adhesives, and advanced electronic component materials. For the papermaking industry, Arakawa provides a comprehensive suite of chemicals such as water-repellents, sizing agents, surface enhancers, and strengthening agents, which are vital for manufacturing various paper products like books, newspapers, tissues, and corrugated cardboard. Their portfolio also encompasses a wide array of coating solutions and adhesive compounds. This includes various printing inks for offset, book/magazine gravure, and food-package gravure applications; tackifiers for adhesives and tapes; release agents for specialty papers; and polymerization emulsifiers critical for synthetic rubber manufacturing. They also produce ester gums designed to improve chewing sensations and a range of resins that serve as foundational raw materials for paints and film coatings. Notable branded offerings include ARKON hydrogenated petroleum resins and PINECRYSTAL colorless rosin derivatives. Furthermore, Arakawa delivers a comprehensive selection of electronic materials, spanning numerous resin types such as rosin-modified phenolic, polyurethane, alkyd, polyester, modified epoxy, and hydrogenated hydrocarbon resins, alongside rosin ester products, cleaning systems, and associated peripherals. The company also innovates with photo-curing polymers, organic-inorganic hybrid resins, and hybrid polyimide films. Founded in Osaka, Japan, in 1876, the company was initially known as Arakawa Forest Chemical Industries, Ltd. before officially changing its name to Arakawa Chemical Industries, Ltd. in April 1977.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Nobuyuki Takagi
Listed since
Jan 4, 2001
Employees
1,684

Market position

Day range

Current ¥2,212

52-week range

Current ¥2,212

Open
¥2,229
Previous close
¥2,214
Volume
123.8K
0.53× average
Average volume
233.26K
Average daily volume
Market cap
43.88B JPY
Beta
0.48
Market reference 1
50-day average
¥2,128.48
+3.92% above average
200-day average
¥1,503.03
+47.17% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
14.8×
P/B (TTM)
0.68×
P/S (TTM)
0.52×
Dividend yield
2.26%

Profitability & efficiency

Gross margin
22.09%
Operating margin
3.74%
Net margin
3.51%

Financial health

Debt / equity
0.61×
Altman Z-score
1.78
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%14%2%-9%Gross margin, FY2021: 22.32%Gross margin, FY2022: 14.57%Gross margin, FY2023: 16.18%Gross margin, FY2024: 20.05%Gross margin, FY2025: 20.76%Operating margin, FY2021: 4.10%Operating margin, FY2022: -3.66%Operating margin, FY2023: -3.62%Operating margin, FY2024: 1.32%Operating margin, FY2025: 2.56%Net margin, FY2021: 1.87%Net margin, FY2022: -6.22%Net margin, FY2023: -1.44%Net margin, FY2024: 3.30%Net margin, FY2025: 2.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 22.32%. Gross margin FY2022 14.57%. Gross margin FY2023 16.18%. Gross margin FY2024 20.05%. Gross margin FY2025 20.76%. Operating margin FY2021 4.10%. Operating margin FY2022 -3.66%. Operating margin FY2023 -3.62%. Operating margin FY2024 1.32%. Operating margin FY2025 2.56%. Net margin FY2021 1.87%. Net margin FY2022 -6.22%. Net margin FY2023 -1.44%. Net margin FY2024 3.30%. Net margin FY2025 2.68%.

Income trends

Revenue

82.14B JPY+2.37%

Operating income

2.1B JPY+99.05%

Net income

2.2B JPY-16.75%
Income trends across reported periods90.84B JPY56.01B JPY21.18B JPY−13.65B JPYRevenue, FY2021: 80.52B JPYRevenue, FY2022: 79.43B JPYRevenue, FY2023: 72.22B JPYRevenue, FY2024: 80.24B JPYRevenue, FY2025: 82.14B JPYOperating income, FY2021: 3.3B JPYOperating income, FY2022: −2.91B JPYOperating income, FY2023: −2.62B JPYOperating income, FY2024: 1.06B JPYOperating income, FY2025: 2.1B JPYNet income, FY2021: 1.5B JPYNet income, FY2022: −4.94B JPYNet income, FY2023: −1.04B JPYNet income, FY2024: 2.64B JPYNet income, FY2025: 2.2B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 80.52B JPY. Revenue FY2022 79.43B JPY. Revenue FY2023 72.22B JPY. Revenue FY2024 80.24B JPY. Revenue FY2025 82.14B JPY. Operating income FY2021 3.3B JPY. Operating income FY2022 −2.91B JPY. Operating income FY2023 −2.62B JPY. Operating income FY2024 1.06B JPY. Operating income FY2025 2.1B JPY. Net income FY2021 1.5B JPY. Net income FY2022 −4.94B JPY. Net income FY2023 −1.04B JPY. Net income FY2024 2.64B JPY. Net income FY2025 2.2B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue82.14B JPY80.24B JPY72.22B JPY79.43B JPY80.52B JPY
Cost of goods sold65.09B JPY64.15B JPY60.54B JPY67.86B JPY62.54B JPY
Gross profit17.05B JPY16.09B JPY11.68B JPY11.57B JPY17.97B JPY
Research and development3.04B JPY3.06B JPY2.97B JPY3.02B JPY3.1B JPY
Selling, general, and administrative11.9B JPY11.97B JPY10.95B JPY11.04B JPY11.19B JPY
Operating expenses14.95B JPY15.03B JPY14.3B JPY14.48B JPY14.67B JPY
Interest income92M JPY102M JPY97M JPY32M JPY30M JPY
Interest expense479M JPY417M JPY331M JPY224M JPY185M JPY
Depreciation and amortization5.98B JPY5.72B JPY5.85B JPY4.48B JPY3.2B JPY
Operating income2.1B JPY1.06B JPY−2.62B JPY−2.91B JPY3.3B JPY
Net income2.2B JPY2.64B JPY−1.04B JPY−4.94B JPY1.5B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
65.33

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates71.2242.7414.27-14.21Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 5, 2024: actual -8.32, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 5, 2025: actual 31.91, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 18.99, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 4, 2025: actual 26.88, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 5, 2025: actual 9.65, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 5, 2026: actual 30.56, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 43.87, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 5, 2026: actual 65.33, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates23.64B21.36B19.09B16.82BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 20.88B JPY, estimate 17.73B JPY, surprise +17.76%, Beat. Q2 2025, reported May 14, 2025: actual 20.03B JPY, estimate 21.8B JPY, surprise -8.09%, Miss. Q3 2025, reported Aug 4, 2025: actual 19.9B JPY, estimate 20.42B JPY, surprise -2.55%, Miss. Q4 2025, reported Nov 5, 2025: actual 20.47B JPY, estimate 21.35B JPY, surprise -4.14%, Miss. Q1 2026, reported Feb 5, 2026: actual 21.01B JPY, estimate 21.72B JPY, surprise -3.29%, Miss. Q2 2026, reported May 14, 2026: actual 20.76B JPY, estimate 22.73B JPY, surprise -8.65%, Miss. Q3 2026, reported Aug 5, 2026: actual 22.28B JPY, estimate 20.42B JPY, surprise +9.12%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 21.22B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥50.00

2025 complete year+8.7% since 2021

2026 partial: ¥25.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥27.50

Special

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥27.50

Special

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥25.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Sep 29, 2025

¥25.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥25.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 26, 2025

Dividend

Ex-dividend Sep 27, 2024

¥24.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

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