Iwatani Corporation logo

Iwatani Corporation

8088.T

JPXIndustrialsConglomerates

Latest quote

¥2,187

+¥10.00 · +0.46%

Aug 24, 3:30 PM JST

8088.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Iwatani Corporation, established in Osaka, Japan in 1930, is a multinational enterprise engaged in supplying various gases and energy solutions across an extensive geographic footprint, including Japan, China, Taiwan, South Korea, Singapore, Thailand, Malaysia, Indonesia, Vietnam, the United States, and Australia. Its comprehensive business operations are categorized into four distinct segments. The Energy segment delivers liquefied petroleum gas (LPG) for household, commercial, and industrial applications, alongside related supply equipment and facilities. It also provides liquefied natural gas (LNG), petroleum products, household kitchen appliances, and various home energy solutions such as Ene farm and GHP. Complementary offerings include daily necessities, portable cooking stoves, gas canisters, mineral water, health supplements, and electricity. The Industrial Gases & Machinery segment specializes in a range of industrial gases, including air separation gases, hydrogen, helium, and other specialty gases, coupled with their respective supply facilities. This division also supplies welding materials and cutting equipment, industrial robots, pumps, compressors, disaster prevention technology, and high-pressure gas containers. Further extending its reach, it offers manufacturing equipment for semiconductors and electronic components, factory automation systems, machinery for medicine and food packaging, environmental protection equipment, and operates hydrogen fueling stations. Within the Materials segment, Iwatani deals in a diverse portfolio of raw and advanced materials. This encompasses PET and general-purpose resins, biomass fuels, materials essential for secondary batteries and semiconductors, electronic display films, mineral sand, rare earth elements, ceramics, stainless steels, and aluminum. Lastly, the Agri-Bio & Foods segment focuses on the agricultural and food industries, offering products such as frozen and chilled foods, agricultural machinery and supplies, and goods related to livestock.

Industry
Conglomerates
Sector
Industrials
Headquarters
JP
CEO
Hiroshi Majima
Listed since
Jan 1, 2001
Employees
12,113

Market position

Day range

Current ¥2,187

52-week range

Current ¥2,187

Open
¥2,181
Previous close
¥2,177
Volume
416.7K
0.44× average
Average volume
945.23K
Average daily volume
Market cap
503.4B JPY
Beta
0.32
Market reference 1
50-day average
¥2,007.3
+8.95% above average
200-day average
¥1,889.79
+15.73% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
681.06B JPY
P/E (TTM)
6.74×
P/B (TTM)
1.06×
P/S (TTM)
0.54×
EV / EBITDA
6.32×
Earnings yield
10.33%
Free cash flow yield
4.50%
Dividend yield
2.15%

Profitability & efficiency

Gross margin
26.30%
Operating margin
4.84%
Net margin
7.98%
Return on equity
10.91%
Return on assets
5.30%
Return on invested capital
3.58%

Financial health

Debt / equity
0.45×
Current ratio
1.51×
Altman Z-score
2.62
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 trends30%21%11%1%Gross margin, FY2022: 27.78%Gross margin, FY2023: 23.49%Gross margin, FY2024: 27.06%Gross margin, FY2025: 26.54%Gross margin, FY2026: 23.25%Operating margin, FY2022: 5.80%Operating margin, FY2023: 4.42%Operating margin, FY2024: 5.97%Operating margin, FY2025: 5.24%Operating margin, FY2026: 4.22%Net margin, FY2022: 4.34%Net margin, FY2023: 3.53%Net margin, FY2024: 5.59%Net margin, FY2025: 4.58%Net margin, FY2026: 5.25%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 27.78%. Gross margin FY2023 23.49%. Gross margin FY2024 27.06%. Gross margin FY2025 26.54%. Gross margin FY2026 23.25%. Operating margin FY2022 5.80%. Operating margin FY2023 4.42%. Operating margin FY2024 5.97%. Operating margin FY2025 5.24%. Operating margin FY2026 4.22%. Net margin FY2022 4.34%. Net margin FY2023 3.53%. Net margin FY2024 5.59%. Net margin FY2025 4.58%. Net margin FY2026 5.25%.

Income trends

Revenue

908.52B JPY+2.89%

Operating income

38.32B JPY-17.11%

Net income

47.67B JPY+17.85%
Income trends across reported periods996.38B JPY644.95B JPY293.53B JPY−57.89B JPYRevenue, FY2022: 690.39B JPYRevenue, FY2023: 906.26B JPYRevenue, FY2024: 847.89B JPYRevenue, FY2025: 883.01B JPYRevenue, FY2026: 908.52B JPYOperating income, FY2022: 40.08B JPYOperating income, FY2023: 40.04B JPYOperating income, FY2024: 50.64B JPYOperating income, FY2025: 46.23B JPYOperating income, FY2026: 38.32B JPYNet income, FY2022: 29.96B JPYNet income, FY2023: 32.02B JPYNet income, FY2024: 47.36B JPYNet income, FY2025: 40.45B JPYNet income, FY2026: 47.67B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 690.39B JPY. Revenue FY2023 906.26B JPY. Revenue FY2024 847.89B JPY. Revenue FY2025 883.01B JPY. Revenue FY2026 908.52B JPY. Operating income FY2022 40.08B JPY. Operating income FY2023 40.04B JPY. Operating income FY2024 50.64B JPY. Operating income FY2025 46.23B JPY. Operating income FY2026 38.32B JPY. Net income FY2022 29.96B JPY. Net income FY2023 32.02B JPY. Net income FY2024 47.36B JPY. Net income FY2025 40.45B JPY. Net income FY2026 47.67B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue908.52B JPY883.01B JPY847.89B JPY906.26B JPY690.39B JPY
Cost of goods sold697.31B JPY648.7B JPY618.41B JPY693.34B JPY498.63B JPY
Gross profit211.21B JPY234.31B JPY229.48B JPY212.93B JPY191.76B JPY
Research and development2.59B JPY2.25B JPY2.06B JPY1.92B JPY
Selling, general, and administrative172.89B JPY163.35B JPY156.28B JPY151.64B JPY133.35B JPY
Operating expenses172.89B JPY188.08B JPY178.84B JPY172.89B JPY151.69B JPY
Interest income308M JPY340M JPY409M JPY436M JPY432M JPY
Interest expense3.13B JPY2.76B JPY1.84B JPY1.19B JPY833M JPY
Depreciation and amortization33.87B JPY31.18B JPY29.32B JPY27.56B JPY23.88B JPY
Operating income38.32B JPY46.23B JPY50.64B JPY40.04B JPY40.08B JPY
Net income47.67B JPY40.45B JPY47.36B JPY32.02B JPY29.96B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
2 beats, 0 misses, 0 met estimates
Average EPS surprise
+540.28%
2 comparable reports
Latest EPS result
137.82

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates147.63102.7157.7912.87Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual 15.14, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 57.77, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 14, 2025: actual 52.44, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 20.53, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 11, 2025: actual 67.74, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 28.05, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 14, 2026: actual 90.78, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 137.82, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates305.76B266.99B228.21B189.44BQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 224.37B JPY, estimate 246.3B JPY, surprise -8.90%, Miss. Q2 2025, reported May 14, 2025: actual 258.64B JPY, estimate 294B JPY, surprise -12.03%, Miss. Q3 2025, reported Aug 8, 2025: actual 206.35B JPY, estimate 201.2B JPY, surprise +2.56%, Beat. Q4 2025, reported Nov 11, 2025: actual 202.78B JPY, estimate 201.2B JPY, surprise +0.78%, Beat. Q1 2026, reported Feb 10, 2026: actual 232B JPY, estimate 237.6B JPY, surprise -2.36%, Miss. Q2 2026, reported May 14, 2026: actual 267.39B JPY, estimate 241.25B JPY, surprise +10.84%, Beat. Q3 2026, reported Aug 6, 2026: actual 233.36B JPY, estimate 220.35B JPY, surprise +5.90%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 219.7B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

¥70.50

2025 complete year+276.0% since 2021

2026 partial: ¥23.50

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥23.50

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥23.50

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥23.50

Semi-Annual

Record Mar 31, 2026 · Payment Jun 18, 2026

Dividend

Ex-dividend Sep 29, 2025

¥23.50

Semi-Annual

Record Sep 30, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Mar 28, 2025

¥47.00

Annual

Record Mar 31, 2025 · Payment Jun 19, 2025

Dividend

Ex-dividend Mar 28, 2024

¥130

Annual

Record Mar 31, 2024 · Payment Jun 20, 2024

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