Rasa Industries,Ltd. (JP:4022)
:4022
Want to see JP:4022 full AI Analyst Report?
Top Page
Rasa Industries,Ltd.
(4022)
Select Model
Select Model
Rating:75Outperform
Price Target:
¥2,068.00
▼(-68.76% Downside)
Action:Reiterated
Date:05/16/26
The score is driven primarily by improving financial performance—stronger earnings and a meaningfully de-levered balance sheet—offset by historical volatility in revenue and free cash flow. Technically, the stock maintains a bullish longer-term trend versus key moving averages, while valuation is supportive but not standout given a mid-teens P/E and modest yield.
Positive Factors
Balance sheet de-risking
Net debt reduction and equity growth create a materially stronger capital base. Debt-to-equity fell from ~0.55 to ~0.30, improving resilience to downturns and increasing capacity for investment, buybacks, or dividend policy without pressing refinancing needs.
Negative Factors
Revenue and FCF volatility
Material swings in top-line and free cash flow complicate capital allocation and forecasting. Volatility can force procyclical actions (deferred capex, hiring freezes) or cause margin pressure in downturns, reducing predictability of returns and raising execution risk for strategic plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet de-risking
Net debt reduction and equity growth create a materially stronger capital base. Debt-to-equity fell from ~0.55 to ~0.30, improving resilience to downturns and increasing capacity for investment, buybacks, or dividend policy without pressing refinancing needs.
Read all positive factors
Rasa Industries,Ltd. (4022) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥74.10B
Dividend Yield2.22%
Average Volume (3M)43.99K
Price to Earnings (P/E)14.7
Beta (1Y)1.20
Revenue Growth5.08%
EPS Growth39.85%
CountryJP
Employees620
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)87.82
Shares Outstanding39,721,016
10 Day Avg. Volume59,870
30 Day Avg. Volume43,990
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)2.02
Price to Sales (P/S)1.35
P/FCF Ratio36.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)117.84
Revenue Forecast (FY)¥52.00B
Rasa Industries,Ltd. Business Overview & Revenue Model
Company Description
Rasa Industries, Ltd. engages in chemicals, machinery, and electronic materials businesses in Japan. Its Chemicals division manufactures and sells phosphoric acid, phosphoric anhydride, and polyphosphate, condenser materials, high-grade copper pow...
How the Company Makes Money
null...
Rasa Industries,Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
83
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 45.26B | 47.73B | 45.42B | 42.79B | 49.60B | 35.41B |
| Gross Profit | 9.84B | 10.96B | 9.63B | 8.26B | 9.41B | 8.05B |
| EBITDA | 6.89B | 7.79B | 6.53B | 5.50B | 6.67B | 5.18B |
| Net Income | 3.44B | 4.36B | 3.13B | 2.38B | 3.23B | 2.54B |
Balance Sheet | ||||||
| Total Assets | 45.72B | 49.97B | 46.85B | 45.03B | 48.16B | 42.35B |
| Cash, Cash Equivalents and Short-Term Investments | 4.64B | 4.82B | 5.05B | 3.40B | 4.94B | 3.54B |
| Total Debt | 8.20B | 7.51B | 8.47B | 9.02B | 12.27B | 11.26B |
| Total Liabilities | 17.90B | 18.13B | 18.97B | 20.06B | 24.91B | 22.05B |
| Stockholders Equity | 27.82B | 31.84B | 27.88B | 24.97B | 23.13B | 20.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.78B | 3.17B | 3.99B | 1.12B | -434.00M |
| Operating Cash Flow | 0.00 | 6.15B | 5.04B | 4.97B | 2.04B | 2.00B |
| Investing Cash Flow | 0.00 | -4.49B | -1.83B | -1.89B | -961.00M | -2.32B |
| Financing Cash Flow | 0.00 | -1.96B | -1.64B | -4.74B | 245.00M | 308.00M |
Rasa Industries,Ltd. Technical Analysis
Positive
6620.00
Price Trends
1843.48
Positive
1715.45
Positive
1343.97
Positive
Market Momentum
-3.56
Positive
45.92
Neutral
24.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4022, the sentiment is Positive. The current price of 6620 is above the 20-day moving average (MA) of 2099.65, above the 50-day MA of 1843.48, and above the 200-day MA of 1343.97, indicating a neutral trend. The MACD of -3.56 indicates Positive momentum. The RSI at 45.92 is Neutral, neither overbought nor oversold. The STOCH value of 24.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4022.
Rasa Industries,Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥116.67B | 8.38 | ― | 3.72% | 4.49% | 27.96% | |
76 Outperform | ¥121.70B | 17.95 | ― | 1.30% | 26.33% | 11.15% | |
75 Outperform | ¥74.10B | 14.74 | ― | 2.22% | 5.08% | 39.85% | |
75 Outperform | ¥79.25B | 26.37 | ― | 1.12% | 5.01% | 1.83% | |
74 Outperform | ¥91.94B | 11.05 | ― | 3.02% | 0.51% | 3.23% | |
73 Outperform | ¥76.30B | 9.11 | ― | 3.04% | -0.37% | -20.95% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
* Basic Materials Sector Average
JP:4022
Rasa Industries,Ltd.
1,900.00
1,256.73
195.37%
JP:4116
Dainichiseika Color & Chemicals Mfg.Co., Ltd.
1,055.00
315.94
42.75%
JP:4369
Tri Chemical Laboratories Inc.
3,750.00
838.60
28.80%
JP:4464
Soft99 Corporation
3,670.00
2,110.12
135.27%
JP:4633
Sakata Inx Corp.
2,356.00
538.49
29.63%
JP:4956
Konishi Co., Ltd.
1,437.00
361.85
33.66%
Rasa Industries,Ltd. Corporate Events
Rasa Industries Overhauls Top Management and Board to Drive Next Growth Phase
May 14, 2026
Rasa Industries has announced a broad reshuffle of its leadership, appointing Kousaku Sakao as representative director and chairman and promoting Katsusei Kitada to representative director, president, and CEO with responsibility for RD and digital...
Rasa Industries Reshapes Top Management to Drive Next Phase of Long-Term Growth
May 14, 2026
Rasa Industries, Ltd. has announced a leadership reshuffle to support the next phase of its long-term growth strategy, following a Board decision on May 14, 2026, with the changes to be finalized after the June 25 shareholders’ meeting. Curr...
Rasa Industries Lifts Year-End Dividend, Boosting Annual Payout by 50%
May 14, 2026
Rasa Industries, Ltd. has approved a higher year-end dividend of 116 yen per share for the fiscal year ended March 31, 2026, up from the previously forecast 106 yen and well above the prior year’s 72 yen. Combined with the already paid inter...
Rasa Industries Delivers Strong FY2026 Earnings and Hikes Dividend Ahead of Stock Split
May 14, 2026
Rasa Industries reported consolidated results for the fiscal year ended March 31, 2026, with net sales rising 5.1% to ¥47.7 billion and operating profit climbing 26.9% to ¥6.0 billion. Ordinary profit increased 34.5% to ¥6.2 billion...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.