Kureha (4023) AI Stock Analysis

• Market Cap: ¥161.26B
• Dividend Yield: 3.76%
• Average Volume (3M): 409.12K
• Price to Earnings (P/E): 10.0
• Beta (1Y): 0.63
• Revenue Growth: -7.81%
• EPS Growth: 25.04%
• Country: JP
• Employees: 4,217
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 100.87
• Shares Outstanding: 49,942,223
• 10 Day Avg. Volume: 239,800
• 30 Day Avg. Volume: 409,116
• PEG Ratio: -1.37
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.89
• P/FCF Ratio: -10.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥4,500.00
• Price Target Upside: 8.83% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 274.37
• Revenue Forecast (FY): ¥172.30B

• Rating: 60 Neutral
• Price Target: ¥4,300.00 ▲(3.99% Upside)
• Action: Reiterated Date: 02/11/26
• Date: Action: Reiterated 02/11/26

The score is held back primarily by weak cash generation (negative TTM free cash flow) alongside higher leverage and modest ROE, despite stable profitability. Technicals are supportive with a strong uptrend, but overbought signals add near-term risk. Valuation is reasonable with a supportive dividend yield.

Positive Factors

Product portfolio & R&D

Kureha's focus on specialty resins, functional chemicals and agrochemicals combined with ongoing R&D and long-term supply relationships creates durable product differentiation. Specialized production and customer-specific grades support margin stability and reduce commoditization risk over the medium term.

Negative Factors

Negative free cash flow

Negative trailing twelve‑month free cash flow signals that net income isn't translating into spendable cash after investments. This narrows strategic flexibility, pressures liquidity for dividends or M&A, and increases reliance on borrowing or asset sales if the trend persists.

Kureha Business Overview & Revenue Model

Company Description

Kureha Corporation manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally. It operates through four segments: Advanced Materials, Specialty Chemicals, Specialty Plastics, Construction, and Other...

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Kureha Corporation manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally. It operates through four segments: Advanced Materials, Specialty Chemicals, Specialty Plastics, Construction, and Other...

How the Company Makes Money

Kureha primarily makes money by manufacturing and selling chemical and materials products to industrial customers. Key revenue streams include: (1) Specialty resins and plastics: revenue from selling polymer-based materials (including packaging-re...

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Kureha primarily makes money by manufacturing and selling chemical and materials products to industrial customers. Key revenue streams include: (1) Specialty resins and plastics: revenue from selling polymer-based materials (including packaging-re...

Kureha Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	157.77B	162.01B	177.97B	191.28B	168.34B	144.57B
Gross Profit	42.73B	42.49B	51.34B	54.79B	50.88B	42.87B
EBITDA	23.19B	22.60B	30.39B	34.43B	34.91B	29.11B
Net Income	9.94B	7.80B	9.73B	16.87B	14.16B	13.49B
Balance Sheet
Total Assets	359.22B	345.30B	328.51B	296.40B	282.64B	256.92B
Cash, Cash Equivalents and Short-Term Investments	25.66B	21.50B	23.13B	32.20B	30.64B	17.83B
Total Debt	118.05B	84.71B	53.59B	24.99B	27.49B	28.23B
Total Liabilities	175.25B	134.16B	107.48B	79.63B	81.91B	71.40B
Stockholders Equity	182.15B	209.37B	219.26B	215.20B	199.22B	183.83B
Cash Flow
Free Cash Flow	-4.08B	-14.31B	-21.10B	8.51B	15.99B	13.83B
Operating Cash Flow	24.63B	29.52B	11.60B	22.74B	28.58B	26.70B
Investing Cash Flow	-22.09B	-39.44B	-34.29B	-11.10B	-11.00B	-3.88B
Financing Cash Flow	-2.20B	8.44B	12.13B	-10.48B	-6.11B	-12.52B

Kureha Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4135.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4023, the sentiment is Positive. The current price of 4135 is below the 20-day moving average (MA) of 4147.59, below the 50-day MA of 4369.09, and above the 200-day MA of 3811.54, indicating a neutral trend. The MACD of -54.84 indicates Negative momentum. The RSI at 51.16 is Neutral, neither overbought nor oversold. The STOCH value of 85.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4023.

Kureha Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4205	79 Outperform	¥344.12B	14.16	9.59%	3.91%	0.87%	16.71%
4203	76 Outperform	¥433.14B	17.67	6.52%	1.82%	3.25%	-11.31%
7970	74 Outperform	¥172.98B	14.73	―	2.84%	6.06%	19.76%
4118	74 Outperform	¥303.55B	9.05	5.47%	3.41%	2.60%	9.50%
6988	68 Neutral	¥2.08T	17.01	11.98%	1.54%	1.84%	-6.57%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
4023	60 Neutral	¥161.26B	9.97	4.24%	3.76%	-7.81%	25.04%

Kureha Corporate Events