Tosoh Corporation (JP:4042)
:4042
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Tosoh
(4042)
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Rating:66Neutral
Price Target:
¥2,606.00
▲(8.02% Upside)
Action:ReiteratedDate:03/05/26
The score is driven primarily by solid balance-sheet quality but weakened TTM operating performance and uneven cash-flow consistency. Valuation is a clear positive (low P/E and strong dividend yield), while technical signals are mixed with near-term weakness offset by neutral momentum indicators.
Positive Factors
Conservative leverage
A low debt-to-equity (~0.26) and sizable equity base provide durable financial flexibility, lowering default and refinancing risk across cycles. This allows Tosoh to sustain capex, support operations during downturns, and maintain strategic optionality for M&A or investments without destabilizing the balance sheet.
Negative Factors
Sharp revenue decline
A pronounced TTM revenue drop signals weak end-market demand or pricing pressure in core chemical segments. Persistent top-line deterioration undermines operating leverage, limits margin recovery, and increases dependency on cost cuts or portfolio shifts to restore durable earnings growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
A low debt-to-equity (~0.26) and sizable equity base provide durable financial flexibility, lowering default and refinancing risk across cycles. This allows Tosoh to sustain capex, support operations during downturns, and maintain strategic optionality for M&A or investments without destabilizing the balance sheet.
Read all positive factors
Tosoh (4042) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥724.09B
Dividend Yield4.21%
Average Volume (3M)1.42M
Price to Earnings (P/E)10.7
Beta (1Y)0.78
Revenue Growth-1.21%
EPS Growth-27.21%
CountryJP
Employees14,394
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)54.73
Shares Outstanding325,080,960
10 Day Avg. Volume1,159,440
30 Day Avg. Volume1,423,120
Financial Highlights & Ratios
PEG Ratio9.67
Price to Book (P/B)0.79
Price to Sales (P/S)0.62
P/FCF Ratio24.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥2,700.00Price Target Upside11.92% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)120.87
Revenue Forecast (FY)¥1.03T
Tosoh Business Overview & Revenue Model
Company Description
Tosoh Corporation manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals worldwide. It operates through four segments: Petrochemical, Chlor-Alkali, Specialty, and Engineering. The company provides materials,...
How the Company Makes Money
Tosoh generates revenue primarily through the sale of its chemical products across different sectors. The company's key revenue streams include the production and distribution of specialty chemicals, petrochemicals, and advanced materials, which a...
Tosoh Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.02T | 1.06T | 1.01T | 1.06T | 918.58B | 732.85B |
| Gross Profit | 257.11B | 253.95B | 222.19B | 215.51B | 269.04B | 201.63B |
| EBITDA | 143.17B | 146.41B | 124.36B | 117.67B | 184.71B | 128.28B |
| Net Income | 34.11B | 58.00B | 57.33B | 50.34B | 107.94B | 63.28B |
Balance Sheet | ||||||
| Total Assets | 1.34T | 1.33T | 1.29T | 1.19T | 1.09T | 982.78B |
| Cash, Cash Equivalents and Short-Term Investments | 136.43B | 141.55B | 149.81B | 120.15B | 161.52B | 149.16B |
| Total Debt | 208.33B | 185.46B | 183.13B | 182.96B | 95.22B | 129.06B |
| Total Liabilities | 460.78B | 424.88B | 431.18B | 400.05B | 327.94B | 321.09B |
| Stockholders Equity | 803.30B | 827.11B | 794.56B | 738.89B | 709.10B | 615.78B |
Cash Flow | ||||||
| Free Cash Flow | 60.13B | 26.35B | 58.26B | -95.86B | 64.13B | 44.95B |
| Operating Cash Flow | 131.97B | 106.24B | 116.97B | -16.24B | 108.61B | 95.11B |
| Investing Cash Flow | -69.39B | -81.57B | -59.94B | -78.73B | -43.52B | -46.35B |
| Financing Cash Flow | -55.98B | -37.92B | -31.22B | 50.17B | -57.85B | 1.58B |
Tosoh Technical Analysis
Negative
2412.50
Price Trends
2544.57
Negative
2429.32
Negative
2312.52
Negative
Market Momentum
-68.48
Positive
32.54
Neutral
8.55
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4042, the sentiment is Negative. The current price of 2412.5 is below the 20-day moving average (MA) of 2491.37, below the 50-day MA of 2544.57, and above the 200-day MA of 2312.52, indicating a bearish trend. The MACD of -68.48 indicates Positive momentum. The RSI at 32.54 is Neutral, neither overbought nor oversold. The STOCH value of 8.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4042.
Tosoh Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | ¥11.99T | 18.04 | 11.19% | 2.17% | 3.77% | 0.35% | |
68 Neutral | ¥2.08T | 8.67 | 8.29% | 2.89% | 3.55% | 95.65% | |
66 Neutral | ¥724.09B | 10.74 | 4.79% | 4.21% | -1.21% | -27.21% | |
62 Neutral | ¥751.59B | 3.83 | 8.79% | 2.68% | -1.64% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ¥274.90B | 36.21 | -4.00% | 3.71% | 0.24% | -234.36% | |
54 Neutral | ¥1.15T | -66.09 | 1.09% | 3.50% | -11.50% | 25.86% |
* Basic Materials Sector Average
JP:4042
Tosoh
2,319.00
241.88
11.64%
JP:3407
Asahi Kasei
1,530.00
458.35
42.77%
JP:4061
Denka Co
3,294.00
1,149.19
53.58%
JP:4188
Mitsubishi Chemical Holdings
904.20
142.69
18.74%
JP:4063
Shin-Etsu Chemical Co
6,060.00
1,708.75
39.27%
JP:4005
Sumitomo Chemical Co
479.10
118.18
32.74%
Tosoh Corporate Events
Tosoh Nears Cap on ¥25 Billion Share Buyback Program
Mar 5, 2026
Tosoh Corporation has disclosed progress on its ongoing share buyback program authorized by its board in August 2025, which allows for the repurchase of up to 17 million common shares, or 5.34% of its outstanding stock, for a maximum of 25 billion...
Tosoh Cuts Full-Year Outlook as Nine-Month Profit Nearly Halves
Feb 5, 2026
Tosoh reported a weaker performance for the nine months to December 31, 2025, with net sales down 5.0% year-on-year to ¥756.1 billion and operating income declining 6.3% to ¥69.9 billion, while income attributable to owners of the parent...
Tosoh Lowers Full-Year Earnings Forecast on Price Declines and Weak Demand
Feb 5, 2026
Tosoh has cut its consolidated forecast for the fiscal year ending March 31, 2026, trimming expected net sales to ¥1.01 trillion and reducing projected operating income, ordinary income, and net income, with basic earnings per share now seen ...
Tosoh Advances Share Buyback, Repurchasing 884,100 Shares in January
Feb 5, 2026
Tosoh Corporation has continued its share buyback program, acquiring 884,100 of its own common shares on the market between January 1 and January 31, 2026, at a total cost of approximately 2.2 billion yen under a discretionary trading contract. Th...
Tosoh Expands Ongoing Share Buyback, Reaching Over 8.2 Million Shares Repurchased
Jan 8, 2026
Tosoh Corporation has continued its share buyback program authorized by its board on August 5, 2025, acquiring 909,400 common shares on the market between December 1 and December 31, 2025 for a total of approximately ¥2.12 billion under a dis...
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.